12 CFR 366.1
§ 366.1 What is the purpose of this part?
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 366.1, § 366.1 What is the purpose of this part?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47069
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Full text
This part establishes the minimum standards of integrity and fitness that contractors, subcontractors, and employees of contractors and subcontractors must meet if they perform any service or function on our behalf. This part includes regulations governing conflicts of interest, ethical responsibility, and use of confidential information in accordance with section 12(f)(3) of the FDI Act, 12 U.S.C. 1822(f)(3), and the prohibitions and the requirements for submission of information in accordance with section 12(f)(4) of the FDI Act, 12 U.S.C. 1822(f)(4).
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.