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6.2 Enhanced Supervision of Holding Companies

<< Title VI Overview

6.2 Enhanced Supervision of Holding Companies

 

 


6.2.       Enhanced Supervision of Holding Companies.  The Act authorizes the primary regulator of a BHC or SLHC to regulate, examine and obtain reports from all subsidiaries of the holding company, including functionally regulated subsidiaries, effective on the Transfer Date (generally one year after the date of enactment of the Act).  Provision is made for coordination with the other Federal and state regulators, and the holding company regulator is required to rely to the fullest extent possible on reports and other information available from sources other than the subsidiary, such as other federal regulators and publicly-available information. [§ 604]