Section 1 Treatment of certain non-significant investments in the capital of unconsolidated financial institutions
“(aa) Treatment of non-Significant investments in the capital of unconsolidated financial institutions—For purposes of the final rules titled “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” (78 Fed. Reg. 62018; published Oct. 11, 2013 and 79 Fed. Reg. 20754; published April 14, 2014) (the “Final Rules”) and any other regulation which incorporates a definition of the term “non-significant investments in the capital of unconsolidated financial institutions”, the appropriate Federal banking agencies shall treat non-significant investments in the capital of unconsolidated financial institutions as qualifying capital instruments (as such terms are defined, respectively, in the Final Rules), provided such instruments were held as investments prior to July 21, 2010.”