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Notes

§45.12. Capital.

12 C.F.R. § 45.12

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.
Notes, amendments, and revision history

Amendments

[80 FR 74911, Nov. 30, 2015]

Authority

Authority: 7 U.S.C. 6s(e), 12 U.S.C. 1 et seq., 12 U.S.C. 93a, 161, 481, 1818, 3907, 3909, 5412(b)(2)(B), and 15 U.S.C. 78o-10(e).

Source

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

Amendments

[80 FR 74911, Nov. 30, 2015]