Banks and banking. Part252:Enhanced prudential standards (regulation YY). SubpartN:Enhanced prudential standards for foreign banking organizations with total consolidated assets of $50 billion or more but combined U.S. assets of less than $50 billion. Sec
(a) General requirements. (1) A foreign banking organization with total consolidated assets of $50 billion or more and combined U.S. assets of less than $50 billion must certify to the Board that it meets capital adequacy standards on a consolidated basis established by its home-country supervisor that are consistent with the regulatory capital framework published by the Basel Committee on Banking Supervision, as amended from time to time (Basel Capital Framework).