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12 U.S.C. § 1828a

Prudential safeguards

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 1828a, Prudential safeguards, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438016
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The Comptroller of the Currency may, by regulation or order, impose restrictions or requirements on relationships or transactions between a national bank and a subsidiary of the national bank that the Comptroller finds are— The Comptroller of the Currency shall regularly— The Board of Governors of the Federal Reserve System may, by regulation or order, impose restrictions or requirements on relationships or transactions— The Board of Governors of the Federal Reserve System may exercise authority under paragraph (1) if the Board finds that the exercise of such authority is— The Board of Governors of the Federal Reserve System shall regularly— The Board may, by regulation or order, impose restrictions or requirements on relationships or transactions between a branch, agency, or commercial lending company of a foreign bank in the United States and any affiliate in the United States of such foreign bank that the Board finds are— The Federal Deposit Insurance Corporation may, by regulation or order, impose restrictions or requirements on relationships or transactions between a State nonmember bank (as defined in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813]) and a subsidiary of the State nonmember bank that the Corporation finds are— The Federal Deposit Insurance Corporation shall regularly—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 106-102(S. 900)1999-11-12
    Gramm-Leach-Bliley Act
  • Amended byPub. L. 109-173(H.R. 4636)2006-02-15
    Federal Deposit Insurance Reform Conforming Amendments Act of 2005
    House: no recorded tallySenate: no recorded tally