Required consolidation procedures. To the extent a national bank or Fed- eral savings association includes an ASF amount in excess of the RSF amount of the consolidated subsidiary, the national bank or Federal savings association must implement and main- tain written procedures to identify and monitor applicable statutory, regu- latory, contractual, supervisory, or other restrictions on transferring as- sets from any of its consolidated sub- sidiaries. These procedures must docu- ment which types of transactions the national bank or Federal savings asso- ciation could use to transfer assets from a consolidated subsidiary to the national bank or Federal savings asso- ciation and how these types of trans- actions comply with applicable statu- tory, regulatory, contractual, super- visory, or other restrictions. Subpart L—Net Stable Funding Shortfall SOURCE: 86 FR 9202, 9209, Feb. 11, 2021, un- less otherwise noted.
