# Single-Counterparty Credit Limits for Bank Holding Companies and Foreign Banking Organizations
> **US Federal Reserve System** · Final rule. · Published 2018-08-06 · Effective 2018-10-05 · 83 FR 38460
## Document
- **Document number:** 2018-16133
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 83 FR 38460
- **CFR reference:** 12 CFR 252
- **Publication date:** 2018-08-06
- **Effective date:** 2018-10-05
- **Docket:** Regulation YY
## Abstract

The Board is adopting a final rule (final rule) to establish single-counterparty credit limits for bank holding companies and foreign banking organizations with $250 billion or more in total consolidated assets, including any U.S. intermediate holding company of such a foreign banking organization with $50 billion or more in total consolidated assets, and any bank holding company identified as a global systemically important bank holding company under the Board's capital rules. The final rule implements section 165(e) of the Dodd- Frank Wall Street Reform and Consumer Protection Act, which requires the Board to impose limits on the amount of credit exposure that such a bank holding company or foreign banking organization can have to an unaffiliated company in order to reduce the risks arising from the company's failure.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2018/08/06/2018-16133/single-counterparty-credit-limits-for-bank-holding-companies-and-foreign-banking-organizations)
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