12 CFR 262.7
§ 262.7 Use of supervisory guidance.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 262.7, § 262.7 Use of supervisory guidance, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45554
- Permanent ID
ys:prov:45554@1- SHA-256
72038db10b10fe3b038f44eb31329f9f7d6629c8034548dc3a81eb1ba7831973
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Purpose. The Board issues regulations and guidance as part of its supervisory function. This section reiterates the distinctions between regulations and guidance, as stated in the Statement Clarifying the Role of Supervisory Guidance (appendix A to this part) (Statement).
(b) Implementation of the Statement Clarifying the Role of Supervisory Guidance. The Statement describes the official policy of the Board with respect to the use of supervisory guidance in the supervisory process. The Statement is binding on the Board.
(c) Rule of construction. This section does not alter the legal status of guidelines authorized by statute, including but not limited to, 12 U.S.C. 1831p-1, to create binding legal obligations.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.