# Prohibition Against Federal Assistance to Swaps Entities (Regulation KK)
> **US Federal Reserve System** · Final rule. · Published 2014-01-03 · Effective 2014-01-31 · 79 FR 340
## Document
- **Document number:** 2013-31204
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 79 FR 340
- **CFR reference:** 12 CFR 237
- **Publication date:** 2014-01-03
- **Effective date:** 2014-01-31
- **Docket:** Docket No. R-1458
## Abstract

The Board is adopting a final rule that treats an uninsured U.S. branch or agency of a foreign bank as an insured depository institution for purposes of section 716 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") and establishes a process by which a state member bank or uninsured state branch or agency of a foreign bank may request a transition period to conform its swaps activities to the requirements of section 716 of the Dodd-Frank Act.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2014/01/03/2013-31204/prohibition-against-federal-assistance-to-swaps-entities-regulation-kk)
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