12 CFR 45.12 - Capital.

Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024

View all text of Part 45 [§ 45.1 - § 45.12]

§ 45.12 - Capital.

A covered swap entity shall comply with:

(a) In the case of a covered swap entity that is a national bank or Federal savings association, the minimum capital requirements as generally provided 12 CFR part 3.

(b) In the case of a covered swap entity that is a Federal branch or agency of a foreign bank, the capital adequacy guidelines applicable as generally provided under 12 CFR 28.14.

[80 FR 74911, Nov. 30, 2015]

authority: 7 U.S.C. 6s(e), 12 U.S.C. 1

source: 80 FR 74898, 74910, Nov. 30, 2015, unless otherwise noted.

cite as: 12 CFR 45.12