Title 12

PART 225

Part 225 - Bank Holding Companies And Change In Bank Control (regulation Y)

PART 225 - BANK HOLDING COMPANIES AND CHANGE IN BANK CONTROL (REGULATION Y) Authority:12 U.S.C. 1817(j)(13), 1818, 1828(o), 1831i, 1831p-1, 1843(c)(8), 1844(b), 1972(1), 3106, 3108, 3310, 3331-3351, 3906, 3907, and 3909; 15 U.S.C. 1681s, 1681w, 6801 and 6805. Source:Reg. Y, 49 FR 818, Jan. 5, 1984, unless otherwise noted. Editorial Note:Nomenclature changes to part 225 appear at 69 FR 77618, Dec. 28, 2004.

12:3.0.1.1.6.0.5SUBJGRP 5
   Regulations
12:3.0.1.1.6.1SUBPART A
Subpart A - General Provisions
12:3.0.1.1.6.1.6.1SECTION 225.1
   225.1 Authority, purpose, and scope.
12:3.0.1.1.6.1.6.2SECTION 225.2
   225.2 Definitions.
12:3.0.1.1.6.1.6.3SECTION 225.3
   225.3 Administration.
12:3.0.1.1.6.1.6.4SECTION 225.4
   225.4 Corporate practices.
12:3.0.1.1.6.1.6.5SECTION 225.5
   225.5 Registration, reports, and inspections.
12:3.0.1.1.6.1.6.6SECTION 225.6
   225.6 Penalties for violations.
12:3.0.1.1.6.1.6.7SECTION 225.7
   225.7 Exceptions to tying restrictions.
12:3.0.1.1.6.1.6.8SECTION 225.8
   225.8 Capital planning and stress capital buffer requirement.
12:3.0.1.1.6.1.6.9SECTION 225.9
   225.9 Control over securities.
12:3.0.1.1.6.1.6.10SECTION 225.10
   225.10 Temporary relief for 2020 and 2021.
12:3.0.1.1.6.2SUBPART B
Subpart B - Acquisition of Bank Securities or Assets
12:3.0.1.1.6.2.6.1SECTION 225.11
   225.11 Transactions requiring Board approval.
12:3.0.1.1.6.2.6.2SECTION 225.12
   225.12 Transactions not requiring Board approval.
12:3.0.1.1.6.2.6.3SECTION 225.13
   225.13 Factors considered in acting on bank acquisition proposals.
12:3.0.1.1.6.2.6.4SECTION 225.14
   225.14 Expedited action for certain bank acquisitions by well-run bank holding companies.
12:3.0.1.1.6.2.6.5SECTION 225.15
   225.15 Procedures for other bank acquisition proposals.
12:3.0.1.1.6.2.6.6SECTION 225.16
   225.16 Public notice, comments, hearings, and other provisions governing applications and notices.
12:3.0.1.1.6.2.6.7SECTION 225.17
   225.17 Notice procedure for one-bank holding company formations.
12:3.0.1.1.6.3SUBPART C
Subpart C - Nonbanking Activities and Acquisitions by Bank Holding Companies
12:3.0.1.1.6.3.6.1SECTION 225.21
   225.21 Prohibited nonbanking activities and acquisitions; exempt bank holding companies.
12:3.0.1.1.6.3.6.2SECTION 225.22
   225.22 Exempt nonbanking activities and acquisitions.
12:3.0.1.1.6.3.6.3SECTION 225.23
   225.23 Expedited action for certain nonbanking proposals by well-run bank holding companies.
12:3.0.1.1.6.3.6.4SECTION 225.24
   225.24 Procedures for other nonbanking proposals.
12:3.0.1.1.6.3.6.5SECTION 225.25
   225.25 Hearings, alteration of activities, and other matters.
12:3.0.1.1.6.3.6.6SECTION 225.26
   225.26 Factors considered in acting on nonbanking proposals.
12:3.0.1.1.6.3.6.7SECTION 225.27
   225.27 Procedures for determining scope of nonbanking activities.
12:3.0.1.1.6.3.6.8SECTION 225.28
   225.28 List of permissible nonbanking activities.
12:3.0.1.1.6.4SUBPART D
Subpart D - Control and Divestiture Proceedings
12:3.0.1.1.6.4.6.1SECTION 225.31
   225.31 Control proceedings.
12:3.0.1.1.6.4.6.2SECTION 225.32
   225.32 Rebuttable presumptions of control of a company.
12:3.0.1.1.6.4.6.3SECTION 225.33
   225.33 Rebuttable presumption of noncontrol of a company.
12:3.0.1.1.6.4.6.4SECTION 225.34
   225.34 Total equity.
12:3.0.1.1.6.5SUBPART E
Subpart E - Change in Bank Control
12:3.0.1.1.6.5.6.1SECTION 225.41
   225.41 Transactions requiring prior notice.
12:3.0.1.1.6.5.6.2SECTION 225.42
   225.42 Transactions not requiring prior notice.
12:3.0.1.1.6.5.6.3SECTION 225.43
   225.43 Procedures for filing, processing, publishing, and acting on notices.
12:3.0.1.1.6.5.6.4SECTION 225.44
   225.44 Reporting of stock loans.
12:3.0.1.1.6.6SUBPART F
Subpart F - Limitations on Nonbank Banks
12:3.0.1.1.6.6.6.1SECTION 225.52
   225.52 Limitation on overdrafts.
12:3.0.1.1.6.7SUBPART G
Subpart G - Appraisal Standards for Federally Related Transactions
12:3.0.1.1.6.7.6.1SECTION 225.61
   225.61 Authority, purpose, and scope.
12:3.0.1.1.6.7.6.2SECTION 225.62
   225.62 Definitions.
12:3.0.1.1.6.7.6.3SECTION 225.63
   225.63 Appraisals required; transactions requiring a State certified or licensed appraiser.
12:3.0.1.1.6.7.6.4SECTION 225.64
   225.64 Minimum appraisal standards.
12:3.0.1.1.6.7.6.5SECTION 225.65
   225.65 Appraiser independence.
12:3.0.1.1.6.7.6.6SECTION 225.66
   225.66 Professional association membership; competency.
12:3.0.1.1.6.7.6.7SECTION 225.67
   225.67 Enforcement.
12:3.0.1.1.6.8SUBPART H
Subpart H - Notice of Addition or Change of Directors and Senior Executive Officers
12:3.0.1.1.6.8.6.1SECTION 225.71
   225.71 Definitions.
12:3.0.1.1.6.8.6.2SECTION 225.72
   225.72 Director and officer appointments; prior notice requirement.
12:3.0.1.1.6.8.6.3SECTION 225.73
   225.73 Procedures for filing, processing, and acting on notices; standards for disapproval; waiver of notice.
12:3.0.1.1.6.9SUBPART I
Subpart I - Financial Holding Companies
12:3.0.1.1.6.9.6SUBJGRP 6
   Interpretations
12:3.0.1.1.6.9.6.1SECTION 225.81
   225.81 What is a financial holding company
12:3.0.1.1.6.9.6.2SECTION 225.82
   225.82 How does a bank holding company elect to become a financial holding company
12:3.0.1.1.6.9.6.3SECTION 225.83
   225.83 What are the consequences of failing to continue to meet applicable capital and management requirements
12:3.0.1.1.6.9.6.4SECTION 225.84
   225.84 What are the consequences of failing to maintain a satisfactory or better rating under the Community Reinvestment Act at all insured depository institution subsidiaries
12:3.0.1.1.6.9.6.5SECTION 225.85
   225.85 Is notice to or approval from the Board required prior to engaging in a financial activity
12:3.0.1.1.6.9.6.6SECTION 225.86
   225.86 What activities are permissible for any financial holding company
12:3.0.1.1.6.9.6.7SECTION 225.87
   225.87 Is notice to the Board required after engaging in a financial activity
12:3.0.1.1.6.9.6.8SECTION 225.88
   225.88 How to request the Board to determine that an activity is financial in nature or incidental to a financial activity
12:3.0.1.1.6.9.6.9SECTION 225.89
   225.89 How to request approval to engage in an activity that is complementary to a financial activity
12:3.0.1.1.6.9.6.10SECTION 225.90
   225.90 What are the requirements for a foreign bank to be treated as a financial holding company
12:3.0.1.1.6.9.6.11SECTION 225.91
   225.91 How may a foreign bank elect to be treated as a financial holding company
12:3.0.1.1.6.9.6.12SECTION 225.92
   225.92 How does an election by a foreign bank become effective
12:3.0.1.1.6.9.6.13SECTION 225.93
   225.93 What are the consequences of a foreign bank failing to continue to meet applicable capital and management requirements
12:3.0.1.1.6.9.6.14SECTION 225.94
   225.94 What are the consequences of an insured branch or depository institution failing to maintain a satisfactory or better rating under the Community Reinvestment Act
12:3.0.1.1.6.9.6.15SECTION 225.101
   225.101 Bank holding company's subsidiary banks owning shares of nonbanking companies.
12:3.0.1.1.6.9.6.16SECTION 225.102
   225.102 Bank holding company indirectly owning nonbanking company through subsidiaries.
12:3.0.1.1.6.9.6.17SECTION 225.103
   225.103 Bank holding company acquiring stock by dividends, stock splits or exercise of rights.
12:3.0.1.1.6.9.6.18SECTION 225.104
   225.104 “Services” under section 4(c)(1) of Bank Holding Company Act.
12:3.0.1.1.6.9.6.19SECTION 225.107
   225.107 Acquisition of stock in small business investment company.
12:3.0.1.1.6.9.6.20SECTION 225.109
   225.109 “Services” under section 4(c)(1) of Bank Holding Company Act.
12:3.0.1.1.6.9.6.21SECTION 225.111
   225.111 Limit on investment by bank holding company system in stock of small business investment companies.
12:3.0.1.1.6.9.6.22SECTION 225.112
   225.112 Indirect control of small business concern through convertible debentures held by small business investment company.
12:3.0.1.1.6.9.6.23SECTION 225.113
   225.113 Services under section 4(a) of Bank Holding Company Act.
12:3.0.1.1.6.9.6.24SECTION 225.115
   225.115 Applicability of Bank Service Corporation Act in certain bank holding company situations.
12:3.0.1.1.6.9.6.25SECTION 225.118
   225.118 Computer services for customers of subsidiary banks.
12:3.0.1.1.6.9.6.26SECTION 225.121
   225.121 Acquisition of Edge corporation affiliate by State member banks of registered bank holding company.
12:3.0.1.1.6.9.6.27SECTION 225.122
   225.122 Bank holding company ownership of mortgage companies.
12:3.0.1.1.6.9.6.28SECTION 225.123
   225.123 Activities closely related to banking.
12:3.0.1.1.6.9.6.29SECTION 225.124
   225.124 Foreign bank holding companies.
12:3.0.1.1.6.9.6.30SECTION 225.125
   225.125 Investment adviser activities.
12:3.0.1.1.6.9.6.31SECTION 225.126
   225.126 Activities not closely related to banking.
12:3.0.1.1.6.9.6.32SECTION 225.127
   225.127 Investment in corporations or projects designed primarily to promote community welfare.
12:3.0.1.1.6.9.6.33SECTION 225.129
   225.129 Activities closely related to banking.
12:3.0.1.1.6.9.6.34SECTION 225.130
   225.130 Issuance and sale of short-term debt obligations by bank holding companies.
12:3.0.1.1.6.9.6.35SECTION 225.131
   225.131 Activities closely related to banking.
12:3.0.1.1.6.9.6.36SECTION 225.132
   225.132 Acquisition of assets.
12:3.0.1.1.6.9.6.37SECTION 225.133
   225.133 Computation of amount invested in foreign corporations under general consent procedures.
12:3.0.1.1.6.9.6.38SECTION 225.134
   225.134 Escrow arrangements involving bank stock resulting in a violation of the Bank Holding Company Act.
12:3.0.1.1.6.9.6.39SECTION 225.136
   225.136 Utilization of foreign subsidiaries to sell long-term debt obligations in foreign markets and to transfer the proceeds to their United States parent(s) for domestic purposes.
12:3.0.1.1.6.9.6.40SECTION 225.137
   225.137 Acquisitions of shares pursuant to section 4(c)(6) of the Bank Holding Company Act.
12:3.0.1.1.6.9.6.41SECTION 225.138
   225.138 Statement of policy concerning divestitures by bank holding companies.
12:3.0.1.1.6.9.6.42SECTION 225.139
   225.139 Presumption of continued control under section 2(g)(3) of the Bank Holding Company Act.
12:3.0.1.1.6.9.6.43SECTION 225.140
   225.140 Disposition of property acquired in satisfaction of debts previously contracted.
12:3.0.1.1.6.9.6.44SECTION 225.141
   225.141 Operations subsidiaries of a bank holding company.
12:3.0.1.1.6.9.6.45SECTION 225.142
   225.142 Statement of policy concerning bank holding companies engaging in futures, forward and options contracts on U.S. Government and agency securities and money market instruments.
12:3.0.1.1.6.9.6.46SECTION 225.143
   225.143 Policy statement on nonvoting equity investments by bank holding companies.
12:3.0.1.1.6.9.6.47SECTION 225.145
   225.145 Limitations established by the Competitive Equality Banking Act of 1987 on the activities and growth of nonbank banks.
12:3.0.1.1.6.10SUBPART J
Subpart J - Merchant Banking Investments
12:3.0.1.1.6.10.7SUBJGRP 7
   Conditions to Orders
12:3.0.1.1.6.10.7.1SECTION 225.170
   225.170 What type of investments are permitted by this subpart, and under what conditions may they be made
12:3.0.1.1.6.10.7.2SECTION 225.171
   225.171 What are the limitations on managing or operating a portfolio company held as a merchant banking investment
12:3.0.1.1.6.10.7.3SECTION 225.172
   225.172 What are the holding periods permitted for merchant banking investments
12:3.0.1.1.6.10.7.4SECTION 225.173
   225.173 How are investments in private equity funds treated under this subpart
12:3.0.1.1.6.10.7.5SECTION 225.174
   225.174 What aggregate thresholds apply to merchant banking investments
12:3.0.1.1.6.10.7.6SECTION 225.175
   225.175 What risk management, record keeping and reporting policies are required to make merchant banking investments
12:3.0.1.1.6.10.7.7SECTION 225.176
   225.176 How do the statutory cross marketing and sections 23A and B limitations apply to merchant banking investments
12:3.0.1.1.6.10.7.8SECTION 225.177
   225.177 Definitions.
12:3.0.1.1.6.11SUBPART K
Subpart K - Proprietary Trading and Relationships With Hedge Funds and Private Equity Funds
12:3.0.1.1.6.11.8.1SECTION 225.180
   225.180 Definitions.
12:3.0.1.1.6.11.8.2SECTION 225.181
   225.181 Conformance Period for Banking Entities Engaged in Prohibited Proprietary Trading or Private Fund Activities.
12:3.0.1.1.6.11.8.3SECTION 225.182
   225.182 Conformance Period for Nonbank Financial Companies Supervised by the Board Engaged in Proprietary Trading or Private Fund Activities.
12:3.0.1.1.6.12SUBPART L
Subpart L - Conditions to Orders
12:3.0.1.1.6.12.8.1SECTION 225.200
   225.200 Conditions to Board's section 20 orders.
12:3.0.1.1.6.13SUBPART M
Subpart M - Minimum Requirements for Appraisal Management Companies
12:3.0.1.1.6.13.8.1SECTION 225.190
   225.190 Authority, purpose, and scope.
12:3.0.1.1.6.13.8.2SECTION 225.191
   225.191 Definitions.
12:3.0.1.1.6.13.8.3SECTION 225.192
   225.192 Appraiser panel - annual size calculation.
12:3.0.1.1.6.13.8.4SECTION 225.193
   225.193 Appraisal management company registration.
12:3.0.1.1.6.13.8.5SECTION 225.194
   225.194 Ownership limitations for State-registered appraisal management companies.
12:3.0.1.1.6.13.8.6SECTION 225.195
   225.195 Requirements for Federally regulated appraisal management companies.
12:3.0.1.1.6.13.8.7SECTION 225.196
   225.196 Information to be presented to the Appraisal Subcommittee by participating States.
12:3.0.1.1.6.14SUBPART 0
12:3.0.1.1.6.15.8.1.10APPENDIX Appendix A
   Appendix A to Part 225 - Capital Adequacy Guidelines for Bank Holding Companies: Risk-Based Measure
12:3.0.1.1.6.15.8.1.11APPENDIX Appendix B
   Appendix B to Part 225 [Reserved]
12:3.0.1.1.6.15.8.1.12APPENDIX Appendix C
   Appendix C to Part 225 - Small Bank Holding Company and Savings and Loan Holding Company Policy Statement
12:3.0.1.1.6.15.8.1.13APPENDIX
   Appendixes D-E to Part 225 [Reserved]
12:3.0.1.1.6.15.8.1.14APPENDIX Appendix F
   Appendix F to Part 225 - Interagency Guidelines Establishing Information Security Standards
12:3.0.1.1.6.15.8.1.15APPENDIX Appendix G
   Appendix G to Part 225 [Reserved]