Title 12

Volume 10 CHAPTER XII SUBCHAP B

Subchapter B - Entity Regulations

12:10.0.2.2.16	PART 1221	PART 1221 - MARGIN AND CAPITAL REQUIREMENTS FOR COVERED SWAP ENTITIES
12:10.0.2.2.16.0.1.1	SECTION 1221.1	1221.1 Authority, purpose, scope, exemptions and compliance dates.
12:10.0.2.2.16.0.1.2	SECTION 1221.2	1221.2 Definitions.
12:10.0.2.2.16.0.1.3	SECTION 1221.3	1221.3 Initial margin.
12:10.0.2.2.16.0.1.4	SECTION 1221.4	1221.4 Variation margin.
12:10.0.2.2.16.0.1.5	SECTION 1221.5	1221.5 Netting arrangements, minimum transfer amount, and satisfaction of collecting and posting requirements.
12:10.0.2.2.16.0.1.6	SECTION 1221.6	1221.6 Eligible collateral.
12:10.0.2.2.16.0.1.7	SECTION 1221.7	1221.7 Segregation of collateral.
12:10.0.2.2.16.0.1.8	SECTION 1221.8	1221.8 Initial margin models and standardized amounts.
12:10.0.2.2.16.0.1.9	SECTION 1221.9	1221.9 Cross-border application of margin requirements.
12:10.0.2.2.16.0.1.10	SECTION 1221.10	1221.10 Documentation of margin matters.
12:10.0.2.2.16.0.1.11	SECTION 1221.11	1221.11 Special rules for affiliates.
12:10.0.2.2.16.0.1.12	SECTION 1221.12	1221.12 Capital.
12:10.0.2.2.16.0.1.13.3	APPENDIX Appendix A	Appendix A to Part 1221 - Standardized Minimum Initial Margin Requirements for Non-cleared Swaps and Non - cleared Security-based Swaps
12:10.0.2.2.16.0.1.13.4	APPENDIX Appendix B	Appendix B to Part 1221 - Margin Values for Eligible Noncash Margin Collateral.
12:10.0.2.2.17	PART 1222	PART 1222 - APPRAISALS
12:10.0.2.2.17.1	SUBPART A	Subpart A - Requirements for Higher-Priced Mortgage Loans
12:10.0.2.2.17.1.1.1	SECTION 1222.1	1222.1 Purpose and scope.
12:10.0.2.2.17.1.1.2	SECTION 1222.2	1222.2 Reservation of authority.
12:10.0.2.2.17.2	SUBPART B	Subpart B - Appraisal Management Company Minimum Requirements
12:10.0.2.2.17.2.1.1	SECTION 1222.20	1222.20 Authority, purpose, and scope.
12:10.0.2.2.17.2.1.2	SECTION 1222.21	1222.21 Definitions.
12:10.0.2.2.17.2.1.3	SECTION 1222.22	1222.22 Appraiser panel - annual size calculation.
12:10.0.2.2.17.2.1.4	SECTION 1222.23	1222.23 Appraisal management company registration.
12:10.0.2.2.17.2.1.5	SECTION 1222.24	1222.24 Ownership limitations for State-registered appraisal management companies.
12:10.0.2.2.17.2.1.6	SECTION 1222.25	1222.25 Requirements for Federally regulated appraisal management companies.
12:10.0.2.2.17.2.1.7	SECTION 1222.26	1222.26 Information to be presented to the Appraisal Subcommittee by participating States.
12:10.0.2.2.18	PART 1223	PART 1223 - MINORITY AND WOMEN INCLUSION
12:10.0.2.2.18.1	SUBPART A	Subpart A - General
12:10.0.2.2.18.1.1.1	SECTION 1223.1	1223.1 Definitions.
12:10.0.2.2.18.1.1.2	SECTION 1223.2	1223.2 Policy, purpose, and scope.
12:10.0.2.2.18.1.1.3	SECTION 1223.3	1223.3 Limitations.
12:10.0.2.2.18.1.1.4	SECTION 1223.4-1223.9	1223.4-1223.9 [Reserved]
12:10.0.2.2.18.2	SUBPART B	Subpart B [Reserved]
12:10.0.2.2.18.3	SUBPART C	Subpart C - Minority and Women Inclusion and Diversity at Regulated Entities
12:10.0.2.2.18.3.1.1	SECTION 1223.20	1223.20 Office of Minority and Women Inclusion.
12:10.0.2.2.18.3.1.2	SECTION 1223.21	1223.21 Promoting diversity and ensuring inclusion in all business and activities.
12:10.0.2.2.18.3.1.3	SECTION 1223.22	1223.22 Regulated entity reports.
12:10.0.2.2.18.3.1.4	SECTION 1223.23	1223.23 Annual reports - format and contents.
12:10.0.2.2.18.3.1.5	SECTION 1223.24	1223.24 Enforcement.
12:10.0.2.2.18.3.1.6	SECTION 1223.25	1223.25 Office of Finance.
12:10.0.2.2.18.4	SUBPART C	Subparts C-Z [Reserved]
12:10.0.2.2.19	PART 1225	PART 1225 - MINIMUM CAPITAL - TEMPORARY INCREASE
12:10.0.2.2.19.0.1.1	SECTION 1225.1	1225.1 Purpose.
12:10.0.2.2.19.0.1.2	SECTION 1225.2	1225.2 Definitions.
12:10.0.2.2.19.0.1.3	SECTION 1225.3	1225.3 Procedures.
12:10.0.2.2.19.0.1.4	SECTION 1225.4	1225.4 Standards and factors.
12:10.0.2.2.19.0.1.5	SECTION 1225.5	1225.5 Guidances.
12:10.0.2.2.20	PART 1227	PART 1227 - SUSPENDED COUNTERPARTY PROGRAM
12:10.0.2.2.20.1	SUBPART A	Subpart A - General
12:10.0.2.2.20.1.1.1	SECTION 1227.1	1227.1 Purpose.
12:10.0.2.2.20.1.1.2	SECTION 1227.2	1227.2 Definitions.
12:10.0.2.2.20.1.1.3	SECTION 1227.3	1227.3 Scope of suspension orders.
12:10.0.2.2.20.1.1.4	SECTION 1227.4	1227.4 Regulated entity reports on covered misconduct.
12:10.0.2.2.20.1.1.5	SECTION 1227.5	1227.5 Proposed suspension order.
12:10.0.2.2.20.1.1.6	SECTION 1227.6	1227.6 Final suspension order.
12:10.0.2.2.20.1.1.7	SECTION 1227.7	1227.7 Appeal to the Director.
12:10.0.2.2.20.1.1.8	SECTION 1227.8	1227.8 Posting of final suspension orders.
12:10.0.2.2.20.1.1.9	SECTION 1227.9	1227.9 Request for reconsideration.
12:10.0.2.2.20.1.1.10	SECTION 1227.10	1227.10 Exception to final suspension order in effect.
12:10.0.2.2.20.2	SUBPART B	Subpart B [Reserved]
12:10.0.2.2.21	PART 1228	PART 1228 - RESTRICTIONS ON THE ACQUISITION OF, OR TAKING SECURITY INTERESTS IN, MORTGAGES ON PROPERTIES ENCUMBERED BY CERTAIN PRIVATE TRANSFER FEE COVENANTS AND RELATED SECURITIES
12:10.0.2.2.21.0.1.1	SECTION 1228.1	1228.1 Definitions.
12:10.0.2.2.21.0.1.2	SECTION 1228.2	1228.2 Restrictions.
12:10.0.2.2.21.0.1.3	SECTION 1228.3	1228.3 Prospective application and effective date.
12:10.0.2.2.21.0.1.4	SECTION 1228.4	1228.4 State restrictions unaffected.
12:10.0.2.2.22	PART 1229	PART 1229 - CAPITAL CLASSIFICATIONS AND PROMPT CORRECTIVE ACTION
12:10.0.2.2.22.1	SUBPART A	Subpart A - Federal Home Loan Banks
12:10.0.2.2.22.1.1.1	SECTION 1229.1	1229.1 Definitions.
12:10.0.2.2.22.1.1.2	SECTION 1229.2	1229.2 Determination of a Bank's capital classification.
12:10.0.2.2.22.1.1.3	SECTION 1229.3	1229.3 Criteria for a Bank's capital classification.
12:10.0.2.2.22.1.1.4	SECTION 1229.4	1229.4 Reclassification by the Director.
12:10.0.2.2.22.1.1.5	SECTION 1229.5	1229.5 Capital distributions for adequately capitalized Banks.
12:10.0.2.2.22.1.1.6	SECTION 1229.6	1229.6 Mandatory actions applicable to undercapitalized Banks.
12:10.0.2.2.22.1.1.7	SECTION 1229.7	1229.7 Discretionary actions applicable to undercapitalized Banks.
12:10.0.2.2.22.1.1.8	SECTION 1229.8	1229.8 Mandatory actions applicable to significantly undercapitalized Banks.
12:10.0.2.2.22.1.1.9	SECTION 1229.9	1229.9 Discretionary actions applicable to significantly undercapitalized Banks.
12:10.0.2.2.22.1.1.10	SECTION 1229.10	1229.10 Actions applicable to critically undercapitalized Banks.
12:10.0.2.2.22.1.1.11	SECTION 1229.11	1229.11 Capital restoration plans.
12:10.0.2.2.22.1.1.12	SECTION 1229.12	1229.12 Procedures related to capital classification and other actions.
12:10.0.2.2.22.2	SUBPART B	Subpart B - Enterprises
12:10.0.2.2.22.2.1.1	SECTION 1229.13	1229.13 Definitions.
12:10.0.2.2.23	PART 1230	PART 1230 - EXECUTIVE COMPENSATION
12:10.0.2.2.23.0.1.1	SECTION 1230.1	1230.1 Purpose.
12:10.0.2.2.23.0.1.2	SECTION 1230.2	1230.2 Definitions.
12:10.0.2.2.23.0.1.3	SECTION 1230.3	1230.3 Prohibition and withholding of executive compensation.
12:10.0.2.2.23.0.1.4	SECTION 1230.4	1230.4 Prior approval of termination agreements of Enterprises.
12:10.0.2.2.23.0.1.5	SECTION 1230.5	1230.5 Submission of supporting information.
12:10.0.2.2.24	PART 1231	PART 1231 - GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS
12:10.0.2.2.24.0.1.1	SECTION 1231.1	1231.1 Purpose.
12:10.0.2.2.24.0.1.2	SECTION 1231.2	1231.2 Definitions.
12:10.0.2.2.24.0.1.3	SECTION 1231.3	1231.3 Golden parachute payments and agreements.
12:10.0.2.2.24.0.1.4	SECTION 1231.4	1231.4 Indemnification payments.
12:10.0.2.2.24.0.1.5	SECTION 1231.5	1231.5 Applicability in the event of receivership.
12:10.0.2.2.24.0.1.6	SECTION 1231.6	1231.6 Filing instructions.
12:10.0.2.2.25	PART 1233	PART 1233 - REPORTING OF FRAUDULENT FINANCIAL INSTRUMENTS
12:10.0.2.2.25.0.1.1	SECTION 1233.1	1233.1 Purpose.
12:10.0.2.2.25.0.1.2	SECTION 1233.2	1233.2 Definitions.
12:10.0.2.2.25.0.1.3	SECTION 1233.3	1233.3 Reporting.
12:10.0.2.2.25.0.1.4	SECTION 1233.4	1233.4 Internal controls, policies, procedures, and training.
12:10.0.2.2.25.0.1.5	SECTION 1233.5	1233.5 Protection from liability for reports.
12:10.0.2.2.25.0.1.6	SECTION 1233.6	1233.6 Supervisory action.
12:10.0.2.2.26	PART 1234	PART 1234 - CREDIT RISK RETENTION
12:10.0.2.2.26.1	SUBPART A	Subpart A - Authority, Purpose, Scope and Definitions
12:10.0.2.2.26.1.1.1	SECTION 1234.1	1234.1 Purpose, scope and reservation of authority.
12:10.0.2.2.26.1.1.2	SECTION 1234.2	1234.2 Definitions.
12:10.0.2.2.26.2	SUBPART B	Subpart B - Credit Risk Retention
12:10.0.2.2.26.2.1.1	SECTION 1234.3	1234.3 Base risk retention requirement.
12:10.0.2.2.26.2.1.2	SECTION 1234.4	1234.4 Standard risk retention.
12:10.0.2.2.26.2.1.3	SECTION 1234.5	1234.5 Revolving pool securitizations.
12:10.0.2.2.26.2.1.4	SECTION 1234.6	1234.6 Eligible ABCP conduits.
12:10.0.2.2.26.2.1.5	SECTION 1234.7	1234.7 Commercial mortgage-backed securities.
12:10.0.2.2.26.2.1.6	SECTION 1234.8	1234.8 Federal National Mortgage Association and Federal Home Loan Mortgage Corporation ABS.
12:10.0.2.2.26.2.1.7	SECTION 1234.9	1234.9 Open market CLOs.
12:10.0.2.2.26.2.1.8	SECTION 1234.10	1234.10 Qualified tender option bonds.
12:10.0.2.2.26.3	SUBPART C	Subpart C - Transfer of Risk Retention
12:10.0.2.2.26.3.1.1	SECTION 1234.11	1234.11 Allocation of risk retention to an originator.
12:10.0.2.2.26.3.1.2	SECTION 1234.12	1234.12 Hedging, transfer and financing prohibitions.
12:10.0.2.2.26.4	SUBPART D	Subpart D - Exceptions and Exemptions
12:10.0.2.2.26.4.1.1	SECTION 1234.13	1234.13 Exemption for qualified residential mortgages.
12:10.0.2.2.26.4.1.2	SECTION 1234.14	1234.14 Definitions applicable to qualifying commercial real estate loans.
12:10.0.2.2.26.4.1.3	SECTION 1234.15	1234.15 Qualifying commercial real estate loans.
12:10.0.2.2.26.4.1.4	SECTION 1234.16	1234.16 [Reserved]
12:10.0.2.2.26.4.1.5	SECTION 1234.17	1234.17 Underwriting standards for qualifying CRE loans.
12:10.0.2.2.26.4.1.6	SECTION 1234.18	1234.18 [Reserved]
12:10.0.2.2.26.4.1.7	SECTION 1234.19	1234.19 General exemptions.
12:10.0.2.2.26.4.1.8	SECTION 1234.20	1234.20 Safe harbor for certain foreign-related transactions.
12:10.0.2.2.26.4.1.9	SECTION 1234.21	1234.21 Additional exemptions.
12:10.0.2.2.26.4.1.10	SECTION 1234.22	1234.22 Periodic review of the QRM definition, exempted three-to-four unit residential mortgage loans, and community-focused residential mortgage exemption
12:10.0.2.2.27	PART 1235	PART 1235 - RECORD RETENTION FOR REGULATED ENTITIES AND OFFICE OF FINANCE
12:10.0.2.2.27.0.1.1	SECTION 1235.1	1235.1 Purpose and scope.
12:10.0.2.2.27.0.1.2	SECTION 1235.2	1235.2 Definitions.
12:10.0.2.2.27.0.1.3	SECTION 1235.3	1235.3 Establishment and evaluation of a record retention program.
12:10.0.2.2.27.0.1.4	SECTION 1235.4	1235.4 Minimum requirements of a record retention program.
12:10.0.2.2.27.0.1.5	SECTION 1235.5	1235.5 Record hold.
12:10.0.2.2.27.0.1.6	SECTION 1235.6	1235.6 Access to records.
12:10.0.2.2.27.0.1.7	SECTION 1235.7	1235.7 Supervisory action.
12:10.0.2.2.28	PART 1236	PART 1236 - PRUDENTIAL MANAGEMENT AND OPERATIONS STANDARDS
12:10.0.2.2.28.0.1.1	SECTION 1236.1	1236.1 Purpose.
12:10.0.2.2.28.0.1.2	SECTION 1236.2	1236.2 Definitions.
12:10.0.2.2.28.0.1.3	SECTION 1236.3	1236.3 Prudential standards as guidelines.
12:10.0.2.2.28.0.1.4	SECTION 1236.4	1236.4 Failure to meet a standard; corrective plans.
12:10.0.2.2.28.0.1.5	SECTION 1236.5	1236.5 Failure to submit a corrective plan; noncompliance.
12:10.0.2.2.28.0.1.6.5	APPENDIX	Appendix to Part 1236 - Prudential Management and Operations Standards
12:10.0.2.2.29	PART 1237	PART 1237 - CONSERVATORSHIP AND RECEIVERSHIP
12:10.0.2.2.29.0.1.1	SECTION 1237.1	1237.1 Purpose and applicability.
12:10.0.2.2.29.0.1.2	SECTION 1237.2	1237.2 Definitions.
12:10.0.2.2.29.1	SUBPART A	Subpart A - Powers
12:10.0.2.2.29.1.1.1	SECTION 1237.3	1237.3 Powers of the Agency as conservator or receiver.
12:10.0.2.2.29.1.1.2	SECTION 1237.4	1237.4 Receivership following conservatorship; administrative expenses.
12:10.0.2.2.29.1.1.3	SECTION 1237.5	1237.5 Contracts entered into before appointment of a conservator or receiver.
12:10.0.2.2.29.1.1.4	SECTION 1237.6	1237.6 Authority to enforce contracts.
12:10.0.2.2.29.2	SUBPART B	Subpart B - Claims
12:10.0.2.2.29.2.1.1	SECTION 1237.7	1237.7 Period for determination of claims.
12:10.0.2.2.29.2.1.2	SECTION 1237.8	1237.8 Alternate procedures for determination of claims.
12:10.0.2.2.29.2.1.3	SECTION 1237.9	1237.9 Priority of expenses and unsecured claims.
12:10.0.2.2.29.3	SUBPART C	Subpart C - Limited-Life Regulated Entities
12:10.0.2.2.29.3.1.1	SECTION 1237.10	1237.10 Limited-life regulated entities.
12:10.0.2.2.29.3.1.2	SECTION 1237.11	1237.11 Authority of limited-life regulated entities to obtain credit.
12:10.0.2.2.29.4	SUBPART D	Subpart D - Other
12:10.0.2.2.29.4.1.1	SECTION 1237.12	1237.12 Capital distributions while in conservatorship.
12:10.0.2.2.29.4.1.2	SECTION 1237.13	1237.13 Payment of Securities Litigation Claims while in conservatorship.
12:10.0.2.2.29.4.1.3	SECTION 1237.14	1237.14 Golden parachute payments [Reserved]
12:10.0.2.2.30	PART 1238	PART 1238 - STRESS TESTING OF REGULATED ENTITIES
12:10.0.2.2.30.0.1.1	SECTION 1238.1	1238.1 Authority and purpose.
12:10.0.2.2.30.0.1.2	SECTION 1238.2	1238.2 Definitions.
12:10.0.2.2.30.0.1.3	SECTION 1238.3	1238.3 Annual stress test.
12:10.0.2.2.30.0.1.4	SECTION 1238.4	1238.4 Methodologies and practices.
12:10.0.2.2.30.0.1.5	SECTION 1238.5	1238.5 Required report to FHFA and FRB of stress test results and related information.
12:10.0.2.2.30.0.1.6	SECTION 1238.6	1238.6 Post-assessment actions by the Enterprises.
12:10.0.2.2.30.0.1.7	SECTION 1238.7	1238.7 Publication of results by regulated entities.
12:10.0.2.2.30.0.1.8	SECTION 1238.8	1238.8 Additional implementing action.
12:10.0.2.2.31	PART 1239	PART 1239 - RESPONSIBILITIES OF BOARDS OF DIRECTORS, CORPORATE PRACTICES, AND CORPORATE GOVERNANCE
12:10.0.2.2.31.1	SUBPART A	Subpart A - General
12:10.0.2.2.31.1.1.1	SECTION 1239.1	1239.1 Purpose.
12:10.0.2.2.31.1.1.2	SECTION 1239.2	1239.2 Definitions.
12:10.0.2.2.31.2	SUBPART B	Subpart B - Corporate Practices and Procedures Applicable to All Regulated Entities
12:10.0.2.2.31.2.1.1	SECTION 1239.3	1239.3 Law applicable to corporate governance and indemnification practices.
12:10.0.2.2.31.2.1.2	SECTION 1239.4	1239.4 Duties and responsibilities of directors.
12:10.0.2.2.31.2.1.3	SECTION 1239.5	1239.5 Board committees.
12:10.0.2.2.31.3	SUBPART C	Subpart C - Other Requirements Applicable to All Regulated Entities
12:10.0.2.2.31.3.1.1	SECTION 1239.10	1239.10 Code of conduct and ethics.
12:10.0.2.2.31.3.1.2	SECTION 1239.11	1239.11 Risk management.
12:10.0.2.2.31.3.1.3	SECTION 1239.12	1239.12 Compliance program.
12:10.0.2.2.31.3.1.4	SECTION 1239.13	1239.13 Regulatory reports.
12:10.0.2.2.31.3.1.5	SECTION 1239.14	1239.14 Strategic business plan.
12:10.0.2.2.31.4	SUBPART D	Subpart D - Enterprise Specific Requirements
12:10.0.2.2.31.4.1.1	SECTION 1239.20	1239.20 Board of directors of the Enterprises.
12:10.0.2.2.31.4.1.2	SECTION 1239.21	1239.21 Compensation of Enterprise board members.
12:10.0.2.2.31.5	SUBPART E	Subpart E - Bank Specific Requirements
12:10.0.2.2.31.5.1.1	SECTION 1239.30	1239.30 Bank member products policy.
12:10.0.2.2.31.5.1.2	SECTION 1239.31	1239.31
12:10.0.2.2.31.5.1.3	SECTION 1239.32	1239.32 Audit committee.
12:10.0.2.2.31.5.1.4	SECTION 1239.33	1239.33 Dividends.

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