12 CFR 1074.2
§ 1074.2 Purpose.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 1074.2, § 1074.2 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49884
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Full text
The Bureau issues regulations and guidance as part of its supervisory function. This subpart reiterates the distinctions between regulations and guidance, as stated in the Statement Clarifying the Role of Supervisory Guidance (appendix A to this part) (Statement), and provides that the Statement is binding on the Bureau.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.