12 CFR § 252.160 - Applicability.

---
identifier: "/us/cfr/t12/s252.160"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 252.160 - Applicability."
title_number: 12
title_name: "Banks and Banking"
section_number: "252.160"
section_name: "Applicability."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "252"
part_name: "ENHANCED PRUDENTIAL STANDARDS (REGULATION YY)"
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. 321-338a, 481-486, 1467a, 1818, 1828, 1831n, 1831o, 1831p-1, 1831w, 1835, 1844(b), 1844(c), 3101  3101 note, 3904, 3906-3909, 4808, 5361, 5362, 5365, 5366, 5367, 5368, 5371."
regulatory_source: "77 FR 62391, Oct. 12, 2012, unless otherwise noted."
cfr_part: "252"
---


# 252.160 Applicability.

(a) *General applicability.* This subpart applies to a U.S. intermediate holding company that is required to be established pursuant to § 252.153 and is controlled by a global systemically important foreign banking organization (Covered IHC).

(b) *Initial applicability.* A Covered IHC is subject to the requirements of §§ 252.162, 252.163, 252.165, 252.166, and 252.167 beginning on the later of:

(1) January 1, 2019; and

(2) 1095 days (three years) after the later of the date on which:

(i) The U.S. non-branch assets of the global systemically important foreign banking organization that controls the Covered IHC equaled or exceeded $50 billion; and

(ii) The foreign banking organization that controls the Covered IHC became a global systemically important foreign banking organization.

(c) *Applicability of § 252.164.* Section 252.164 applies to a global systemically important foreign banking organization with U.S. non-branch assets that equal or exceed $50 billion.

[82 FR 8311, Jan. 24, 2017, as amended at 86 FR 738, Jan. 6, 2021]