§48.8. Capital requirements.
12 C.F.R. § 48.8
A national bank offering or entering into retail forex transactions must be well capitalized as defined by 12 CFR part 6.
Notes, amendments, and revision history
Authority
Authority: 7 U.S.C. 27 et seq.; 12 U.S.C. 1 et seq., 24, 93a, 161, 1461 et seq., 1462a, 1463, 1464, 1813(q), 1818, 1831o, 3101 et seq., 3102, 3106a, 3108, and 5412.
Source
Source: 76 FR 41384, July 14, 2011, unless otherwise noted.