12 CFR § 206.6 - Waiver.

---
identifier: "/us/cfr/t12/s206.6"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 206.6 - Waiver."
title_number: 12
title_name: "Banks and Banking"
section_number: "206.6"
section_name: "Waiver."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "206"
part_name: "LIMITATIONS ON INTERBANK LIABILITIES (REGULATION F)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 371b-2"
regulatory_source: "Reg. F, 57 FR 60106, Dec. 18, 1992, unless otherwise noted."
cfr_part: "206"
---


# 206.6 Waiver.

The Board may waive the application of § 206.4(a) of this part to a bank if the primary Federal supervisor of the bank advises the Board that the bank is not reasonably able to obtain necessary services, including payment-related services and placement of funds, without incurring exposure to a correspondent in excess of the otherwise applicable limit.