Section 50.1 - Purpose and applicability(a)Purpose. This part establishes a minimum liquidity standard and a minimum stable funding standard for certain national banks and Federal savings associations on a consolidated basis, as set forth herein.(b)Applicability.(1) A national bank or Federal savings association is subject to the minimum liquidity standard, minimum stable funding standard, and other requirements of this part if: (i) It is a: (A) GSIB depository institution supervised by the OCC;(B) Category II national bank or Federal savings association; or(C) Category III national bank or Federal savings association; or(ii) The OCC has determined that application of this part is appropriate in light of the national bank's or Federal savings association's asset size, level of complexity, risk profile, scope of operations, affiliation with foreign or domestic covered entities, or risk to the financial system.(2) This part does not apply to:(i) A bridge financial company as defined in 12 U.S.C. 5381(a)(3) , or a subsidiary of a bridge financial company;(ii) A new depository institution or a bridge depository institution, as defined in 12 U.S.C. 1813(i) ; or(iii) A Federal branch or agency as defined by 12 CFR 28.11 .(3) In making a determination under paragraph (b)(1)(ii) of this section, the OCC will apply notice and response procedures in the same manner and to the same extent as the notice and response procedures in 12 CFR 3.404 .84 FR 59266, Nov. 1, 2019, as amended at 86 FR 9207, Feb. 11, 2021 84 FR 59266, 12/31/2019; 86 FR 9207, 7/1/2021