12 C.F.R. § 381.10

Current through November 30, 2024

Section 381.10 - Consultation

Before issuing any notice of deficiencies under § 381.8(b) , determining to impose requirements or restrictions under § 381.9(a) , or issuing a divestiture order pursuant to § 381.9(c) with respect to a covered company that is likely to have a significant impact on a functionally regulated subsidiary or a depository institution subsidiary of the covered company, the Board-

(a) Shall consult with each Council member that primarily supervises any such subsidiary; and

(b) May consult with any other Federal, state, or foreign supervisor as the Board considers appropriate.

12 C.F.R. §381.10

84 FR 59216 , 12/31/2019