---
kind: "section"
citation: "12 C.F.R. § 53.1"
title: "12"
number: "53.1"
heading: "Authority, purpose, and scope."
url: "https://uscodex.org/cfr/12/53.1"
---

# §53.1. Authority, purpose, and scope.

- (a) **Authority.** This part is issued under the authority of 12 U.S.C. [1](/usc/12/1.md), [93a](/usc/12/93a.md), [161](/usc/12/161.md), [481](/usc/12/481.md), [1463](/usc/12/1463.md), [1464](/usc/12/1464.md), [1861-1867](/usc/12/1861-1867.md), and [3102](/usc/12/3102.md).
- (b) **Purpose.** This part promotes the timely notification of computer-security incidents that may materially and adversely affect Office of the Comptroller of the Currency (OCC)-supervised institutions.
- (c) **Scope.** This part applies to all national banks, Federal savings associations, and Federal branches and agencies of foreign banks. This part also applies to their bank service providers as defined in [§ 53.2(b)(2)](/cfr/12/53.2.md?p=b-2).

## Notes

### Authority

Authority: 12 U.S.C. 1, 93a, 161, 481, 1463, 1464, 1861-1867, and 3102.

### Source

Source: 86 FR 66442, Nov. 23, 2021, unless otherwise noted.