§ 329.110 NSFR shortfall: supervisory framework.

(a) Notification requirements. An FDIC-supervised institution must notify the FDIC no later than 10 business days, or such other period as the FDIC may otherwise require by written notice, following the date that any event has occurred that would cause or has caused the FDIC-supervised institution's net stable funding ratio to be less than 1.0 as required under § 329.100. (b) Liquidity Plan. (1) An FDIC-supervised institution must within 10 business days, or such other period as the FDIC may otherwise require by written notice, provide to the FDIC a plan for achieving a net stable funding ratio equal to or greater than 1.0 as required under § 329.100 if: (i) The FDIC-supervised institution has or should have provided notice, pursuant to §329.110(a), that the FDIC-supervised institution's net stable funding ratio is, or will become, less than 1.0 as required under § 329.100; (ii) The FDIC-supervised institution's reports or disclosures to the FDIC indicate that the FDIC-supervised institution's net stable funding ratio is less than 1.0 as required under § 329.100; or (iii) The FDIC notifies the FDIC-supervised institution in writing that a plan is required and provides a reason for requiring such a plan. (2) The plan must include, as applicable: (i) An assessment of the FDIC-supervised institution's liquidity profile; (ii) The actions the FDIC-supervised institution has taken and will take to achieve a net stable funding ratio equal to or greater than 1.0 as required under § 329.100, including: (A) A plan for adjusting the FDIC-supervised institution's liquidity profile; (B) A plan for remediating any operational or management issues that contributed to noncompliance with subpart K of this part; and (iii) An estimated time frame for achieving full compliance with § 329.100. (3) The FDIC-supervised institution must report to the FDIC at least monthly, or such other frequency as required by the FDIC, on progress to achieve full compliance with § 329.100. (c) Supervisory and enforcement actions. The FDIC may, at its discretion, take additional supervisory or enforcement actions to address noncompliance with the minimum net stable funding ratio and other requirements of subparts K through N of this part (see also § 329.2(c)).