12 CFR § 45.12 Margin and Capital Requirements for Covered Swap Entities

§ 45.12 Capital.

Current through Oct 1, 2026 · Read all of Part 45

A covered swap entity shall comply with:

(a) In the case of a covered swap entity that is a national bank or Federal savings association, the minimum capital requirements as generally provided 12 CFR part 3.

(b) In the case of a covered swap entity that is a Federal branch or agency of a foreign bank, the capital adequacy guidelines applicable as generally provided under 12 CFR 28.14.

[80 FR 74911, Nov. 30, 2015]

← § 45.11 Special rules for affiliates.Appendix A to Part 45—Standardized Minimum Initial Margin Requirements for Non-cleared Swaps and Non—cleared Security-based Swaps →