Source: http://www.law.cornell.edu/cfr/text/12/part-364/appendix-A?qt-cfr_tabs=3
Timestamp: 2014-12-25 20:11:38
Document Index: 78948543

Matched Legal Cases: ['art 364', 'art 364', 'art 364', 'art 364', 'art 364', 'art 364', 'art 30', 'art 263', 'art 308', 'art 570']

12 CFR Part 364, Appendix A to Part 364 - Interagency Guidelines Establishing Standards for Safety and Soundness | LII / Legal Information Institute
CFR › Title 12 › Chapter III › Subchapter B › Part 364 › Appendix A 12 CFR Part 364, Appendix A to Part 364 - Interagency Guidelines Establishing Standards for Safety and Soundness
There is 1 rule appearing in the Federal Register for 12 CFR 364. View below or at eCFR (GPOAccess)
Pt. 364, App. A
Appendix A to Part 364—Interagency Guidelines Establishing Standards for Safety and Soundness
i. Section 39 of the Federal Deposit Insurance Act 1 (FDI Act) requires each Federal banking agency (collectively, the agencies) to establish certain safety and soundness standards by regulation or by guideline for all insured depository institutions. Under section 39, the agencies must establish three types of standards: (1) Operational and managerial standards; (2) compensation standards; and (3) such standards relating to asset quality, earnings, and stock valuation as they determine to be appropriate.
v. The agencies have adopted amendments to their rules and regulations to establish deadlines for submission and review of compliance plans. 2
2 For the Office of the Comptroller of the Currency, these regulations appear at 12 CFR Part 30; for the Board of Governors of the Federal Reserve System, these regulations appear at 12 CFR Part 263; for the Federal Deposit Insurance Corporation, these regulations appear at 12 CFR Part 308, subpart R, and for the Office of Thrift Supervision, these regulations appear at 12 CFR Part 570.
vi. The following Guidelines set out the safety and soundness standards that the agencies use to identify and address problems at insured depository institutions before capital becomes impaired. The agencies believe that the standards adopted in these Guidelines serve this end without dictating how institutions must be managed and operated. These standards are designed to identify potential safety and soundness concerns and ensure that action is taken to address those concerns before they pose a risk to the Deposit Insurance Fund.
4. Director shall have the meaning described in 12 CFR 215.2(c). 3
3 In applying these definitions for savings associations, pursuant to 12 U.S.C. 1464, savings associations shall use the terms “savings association” and “insured savings association” in place of the terms “member bank” and “insured bank”.
5. Executive officer shall have the meaning described in 12 CFR 215.2(d). 4
4 See footnote 3 in section I.B.4. of this appendix.
6. Principal shareholder shall have the meaning described in 12 CFR 215.2(l). 5
5 See footnote 3 in section I.B.4. of this appendix.
1. Conduct periodic asset quality reviews to identify problem assets;
[60 FR 35678, 35685, July 10, 1995; 61 FR 43951, Aug. 27, 1996, as amended at 71 FR 20527, Apr. 21, 2006]
Title 12 published on 2014-01-01The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR 364 after this date.2014-04-14; vol. 79 # 71 - Monday, April 14, 201479 FR 20754 - Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Capital Adequacy, Transition Provisions, Prompt Corrective Action, Standardized Approach for Risk-Weighted Assets, Market Discipline and Disclosure Requirements, Advanced Approaches Risk-Based Capital Rule, and Market Risk Capital Rule