Common Contracts
1 similar null contracts
Federal Register / Vol. 83, No. 23 / Friday, February 2, 2018 / Notices 4957March 24th, 2021
written agreement entered into with the OCC. Each federal branch or agency shall maintain a capital equivalency account and keep records of the amount of liabilities requiring capital equivalency coverage in a manner and form prescribed by the OCC. A foreign bank’s capital equivalency deposits may not be reduced in value below the minimum required for that branch or agency without the prior approval of the OCC, but in no event may the value fall below the statutory minimum.
