---
kind: "section"
citation: "12 C.F.R. § 19.241"
title: "12"
number: "19.241"
heading: "Scope."
url: "https://uscodex.org/cfr/12/19.241"
---

# §19.241. Scope.


This subpart, which implements [section 36(g)(4)](/cfr/12/36.md?p=g-4) of the FDIA ([12 U.S.C. 1831m(g)(4)](/usc/12/1831m.md?p=g-4)), provides rules and procedures for the removal, suspension, or debarment of independent public accountants and their accounting firms from performing independent audit and attestation services required by [section 36](/cfr/12/36.md) of the FDIA ([12 U.S.C. 1831m](/usc/12/1831m.md)) for insured national banks, insured Federal savings associations, and insured Federal branches of foreign banks.


## Notes

### Authority

Authority: 5 U.S.C. 504, 554-557; 12 U.S.C. 93, 93a, 161, 164, 481, 504, 1462a, 1463(a), 1464; 1467(d), 1467a(r), 1817(j), 1818, 1820, 1831m, 1831o, 1832, 1884, 1972, 3102, 3108, 3110, 3349, 3909, 4717, and 5412(b)(2)(B); 15 U.S.C. 78 l, 78o-4, 78o-5, 78q-1, 78s, 78u, 78u-2, 78u-3, 78w, and 1639e; 28 U.S.C. 2461; 31 U.S.C. 330 and 5321; and 42 U.S.C. 4012a.

### Source

Source: 88 FR 89842, Dec. 28, 2023, unless otherwise noted.