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2013_register
executive
2013-06-08
article
Definition of “Predominantly Engaged in Activities That Are Financial in Nature or Incidental Thereto”
Part II
Rules and Regulations
D09002ee1bdca1f29
D09002ee1bdca1ff5
United States
Federal Deposit Insurance Corporation
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org
United States Government Agency or Subagency
The Federal Deposit Insurance Corporation (``FDIC'') is adopting a final rule that establishes criteria for determining if a company is predominantly engaged in ``activities that are financial in nature or incidental thereto'' for purposes of Title II of the Dodd- Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act'' or the ``Act''). A company that is predominantly engaged in such activities is a ``financial company'' for purposes of Title II of the Act (``Title II'') unless it is one of the few entities specifically excepted by the Act. A financial company, other than an insured depository institution, may be subject to Title II's orderly liquidation authority if, among other things, it is determined that the failure of the company and its resolution under otherwise applicable law would have serious adverse effects on financial stability in the United States.
78 FR 34712
https://www.govinfo.gov/app/details/FR-2013-06-10/2013-13595
2013-13595
fr10jn13-26
RIN 3064-AD73
6714-01-P
https://www.govinfo.gov/app/details/FR-2013-06-10/2013-13595
https://www.govinfo.gov/content/pkg/FR-2013-06-10/html/2013-13595.htm
https://www.govinfo.gov/content/pkg/FR-2013-06-10/pdf/2013-13595.pdf
Holding Companies
Insurance Companies
25 p.
34712
34736
78 FR 34712
Code of Federal Regulations
Title 12 Part 380
12 CFR Part 380
Regulation Identification Number 3064-AD73
RIN 3064-AD73
Definition of “Predominantly Engaged in Activities That Are Financial in Nature or Incidental Thereto”; Federal Register Vol. 78, Issue
RULE
2013-13595
II
FEDERAL DEPOSIT INSURANCE CORPORATION
2013-07-10
6714-01-P
2013-13595
Final rule.
The Federal Deposit Insurance Corporation (``FDIC'') is adopting a final rule that establishes criteria for determining if a company is predominantly engaged in ``activities that are financial in nature or incidental thereto'' for purposes of Title II of the Dodd- Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act'' or the ``Act''). A company that is predominantly engaged in such activities is a ``financial company'' for purposes of Title II of the Act (``Title II'') unless it is one of the few entities specifically excepted by the Act. A financial company, other than an insured depository institution, may be subject to Title II's orderly liquidation authority if, among other things, it is determined that the failure of the company and its resolution under otherwise applicable law would have serious adverse effects on financial stability in the United States.
This final rule is effective July 10, 2013.
Ryan K. Clougherty, Senior Attorney, (202) 898-3843; Robert C. Fick, Supervisory Counsel, (202) 898-8962; or Rachel A. Jones, Attorney, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429.
Holding Companies
Insurance Companies
Definition of Predominantly Engaged in Activities that are Financial in Nature or Incidental Thereto
,
Federal Register
Vol. 78, no. 111
Office of the Federal Register, National Archives and Records Administration
2013-06-10
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332 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2013-06-10
P0b002ee184f9e90e
0097-6326
0042-1219
0364-1406
769-004-00000-9
000582072
f:fr10jn13
https://www.govinfo.gov/app/details/FR-2013-06-10
https://www.govinfo.gov/content/pkg/FR-2013-06-10/pdf/FR-2013-06-10.pdf
https://www.govinfo.gov/content/pkg/FR-2013-06-10/xml/FR-2013-06-10.xml
fdlp
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DGPO
2013-06-08
2023-04-30
FR-2013-06-10
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eng
FR
FR-2013-06-10
78
111