Definition of a liquidating loan

17 Jan

FATCA also targets the tax non-compliance by US taxpayers with foreign accounts.324.1 Purpose, applicability, reservations of authority, and timing. 324.3 Operational requirements for counterparty credit risk. 324.45 Recognition of credit risk mitigants for securitization exposures. means the common equity tier 1 capital of a depository institution or foreign bank that is: (1) A consolidated subsidiary of an FDIC-supervised institution; and (2) Not owned by the FDIC-supervised institution.324.4 Inadequate capital as an unsafe or unsound practice or condition. 324.6 through 324.9 [Reserved] 324.31 Mechanics for calculating risk-weighted assets for general credit risk. 324.46 through 324.50 [Reserved] 324.131 Mechanics for calculating total wholesale and retail risk- weighted assets. 324.156 through 324.160 [Reserved] 324.201 Purpose, applicability, and reservation of authority. 324.203 Requirements for application of this subpart F. A person or company controls a company if it: (1) Owns, controls, or holds with power to vote 25 percent or more of a class of voting securities of the company; or (2) Consolidates the company for financial reporting purposes.NFFEs include foreign entities that are not engaged in the banking and investment business areas and can be categorised as Active NFFE or Passive NFFE.In order to identify if an NFFE is active or passive there are certain criteria the entity must meet.

(3) Beginning on January 1, 2016, and subject to the transition provisions in subpart G of this part, an FDIC-supervised institution is subject to limitations on distributions and discretionary bonus payments with respect to its capital conservation buffer and any applicable countercyclical capital buffer amount, in accordance with subpart B of this part. (2) Subject to the transition provisions in subpart G of this part, an FDIC-supervised institution that is not an advanced approaches FDIC-supervised institution or a savings and loan holding company that is an advanced approaches FDIC-supervised institution must: (i) Beginning on January 1, 2015, calculate standardized total risk-weighted assets in accordance with subpart D, and if applicable, subpart F of this part; and (ii) Beginning on January 1, 2015, calculate and maintain minimum capital ratios in accordance with subparts A, B and C of this part, provided, however, that from January 1, 2015, to December 31, 2017, a savings and loan holding company that is an advanced approaches FDIC-supervised institution: (A) Is not required to maintain a supplementary leverage ratio; and (B) Must calculate a supplementary leverage ratio in accordance with § 324.10(c), and must report the calculated supplementary leverage ratio on any applicable regulatory reports. ALLL excludes "allocated transfer risk reserves." For purposes of this part, ALLL includes allowances that have been established through a charge against earnings to cover estimated credit losses associated with off-balance sheet credit exposures as determined in accordance with GAAP. means valuation allowances that have been established through a charge against earnings to cover estimated credit losses on loans, lease financing receivables or other extensions of credit as determined in accordance with GAAP. (5) The FDIC may determine that the risk-based capital treatment for an exposure or the treatment provided to an entity that is not consolidated on the FDIC-supervised institution's balance sheet is not commensurate with the risk of the exposure or the relationship of the FDIC-supervised institution to the entity. (4) If the FDIC determines that the total leverage exposure or the amount reflected in the FDIC-supervised institution's reported average total consolidated assets, for an on- or off-balance sheet exposure calculated by an FDIC-supervised institution under § 324.10 is inappropriate for the exposure(s) or the circumstances of the FDIC-supervised institution, the FDIC may require the FDIC-supervised institution to adjust this exposure amount in the numerator and the denominator for purposes of the leverage ratio calculations. (2) (i) If the FDIC determines that a particular common equity tier 1, additional tier 1, or tier 2 capital element has characteristics or terms that diminish its ability to absorb losses, or otherwise present safety and soundness concerns, the FDIC may require the FDIC-supervised institution to exclude all or a portion of such element from common equity tier 1 capital, additional tier 1 capital, or tier 2 capital, as appropriate.