12 CFR 1320.15: Notification of final determination regarding systemic importance.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER XIII—FINANCIAL STABILITY OVERSIGHT COUNCIL
- PART 1320—DESIGNATION OF FINANCIAL MARKET UTILITIES
- Subpart B—Consultations, Determinations and Hearings
(a) Notification of final determination after a hearing. Within 60 calendar days of the hearing date, the Council shall provide to the financial market utility written notification of the final determination of the Council under § 1320.13, which shall include findings of fact upon which the determination of the Council is based.
(b) Notification of final determination if no hearing. If the Council does not receive a timely request for a hearing under § 1320.12, the Council shall provide the financial market utility written notification of the final determination of the Council under § 1320.13 not later than 30 calendar days after the expiration of the date by which a financial market utility could have requested a hearing.
Collected 2026-08-27T02:24:16Z. Source file · JSON