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eBook details

• Title: Definitions - Predominantly Engaged in Financial Activities and Significant Nonbank Financial Company and Bank Holding Company (US Federal Reserve System Regulation) (FRS) (2018 Edition)
• Author : The Law Library
• Release Date : January 02, 2018
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 275 KB

Description

The Law Library presents the complete text of the Definitions - Predominantly Engaged in Financial Activities and Significant Nonbank Financial Company and Bank Holding Company (US Federal Reserve System Regulation) (FRS) (2018 Edition).
Updated as of May 29, 2018

The Board is adopting this final rule to establish, for purposes of Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act” or “Act”), the requirements for determining if a company is “predominantly engaged in financial activities”; and definitions of the terms “significant nonbank financial company” and “significant bank holding company.” These terms are relevant to various provisions of Title I of the Dodd-Frank Act, including section 113, which authorizes the Financial Stability Oversight Council (“Council”) to designate a nonbank financial company for supervision by the Board if the Council determines that the nonbank financial company could pose a threat to the financial stability of the United States.

This ebook contains:
- The complete text of the Definitions - Predominantly Engaged in Financial Activities and Significant Nonbank Financial Company and Bank Holding Company (US Federal Reserve System Regulation) (FRS) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure

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