1. Regulations
  2. title 12
  3. chapter II
  4. part 217
  5. subpart G
  6. § 217.306

View all text of Subpart G [§ 217.300 - § 217.306]

§ 217.306 - Building Block Approach (BBA) capital conservation buffer transition.

(a) Notwithstanding any provision of this part and subject to paragraph (b) of this section, an insurance bank holding company, or insurance savings and loan holding company, that, on January 1, 2023, was not subject to this part is not subject to any restrictions on distributions or discretionary bonus payments under §§ 217.11 and 217.604.

(b) This section ceases to be effective after March 31, 2026.

[Reg. Q, 88 FR 82969, Nov. 27, 2023]

AUTHORITY: 12 U.S.C. 248(a), 321-338a, 481-486, 1462a, 1467a, 1818, 1828, 1831n, 1831o, 1831p-1, 1831w, 1835, 1844(b), 1851, 3904, 3906-3909, 4808, 5365, 5368, 5371, 5371 note, and sec. 4012, Pub. L. 116-136, 134 Stat. 281.

SOURCE: Reg. Q, 78 FR 62157, 62285, Oct. 11, 2013, unless otherwise noted.

CITE AS: 12 CFR 217.306