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§ 304.21 Authority, purpose, and scope.

12 CFR 304.21

Citation12 CFR 304.21
CorpusDaily eCFR
Displayed edition2026-04-24
Last updated2026-04-24

§ 304.21 Authority, purpose, and scope.

(a) Authority. This subpart is issued under the authority of 12 U.S.C. 1463, 1811, 1813, 1817, 1819, and 1861-1867.

(b) Purpose. This subpart promotes the timely notification of computer-security incidents that may materially and adversely affect FDIC-supervised institutions.

(c) Scope. This subpart applies to all insured state nonmember banks, insured state licensed branches of foreign banks, and insured State savings associations. This subpart also applies to bank service providers, as defined in § 304.22(b)(2).