---
kind: "section"
citation: "12 C.F.R. § 653.2"
title: "12"
number: "653.2"
heading: "General."
url: "https://uscodex.org/cfr/12/653.2"
---

# §653.2. General.


The Corporation's board of directors must approve the overall risk-appetite of the Corporation and regularly monitor internal controls to provide reasonable assurance that risk-taking activities are conducted in a safe and sound manner.


## Notes

### Authority

Authority: Secs. 8.3, 8.4, 8.6, 8.8, and 8.10 of Pub. L. 92-181, 85 Stat. 583 (12 U.S.C. 2279aa-3, 2279aa-4, 2279aa-6, 2279aa-8, and 2279aa-10).

### Source

Source: 81 FR 49154, July 27, 2016, unless otherwise noted.