What are the standards under which the Board may grant exemptions from the requirements of section 23B?

  1. Law
  2. CFR 12
  3. Banks and Banking
  4. Federal Reserve System
  5. Board of Governors of the Federal Reserve System
  6. Transactions Between Member Banks and Their Affiliates (Regulation W)
  7. General Provisions of Section 23B
  8. What are the standards under which the Board may grant exemptions from the requirements of section 23B?

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§ 223.55 What are the standards under which the Board may grant exemptions from the requirements of section 23B?

The Board may prescribe regulations to exempt transactions or relationships from the requirements of section 23B and subpart F of this part if it finds such exemptions to be in the public interest and consistent with the purposes of section 23B.


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