1. Regulations
  2. title 12
  3. chapter II
  4. part 217
  5. subpart H
  6. § 217.402

View all text of Subpart H [§ 217.400 - § 217.406]

§ 217.402 - Identification as a global systemically important BHC.

A bank holding company is a global systemically important BHC if its method 1 score, as calculated under § 217.404, equals or exceeds 130 basis points. Subject to § 217.400(b)(2), a bank holding company must calculate its method 1 score on an annual basis by December 31 of each year.

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 217.402