# 12 C.F.R. § 252.87 (2026): Identification of global systemically important foreign banking organizations

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_87

## Section

- **Citation:** 12 C.F.R. § 252.87 (2026)
- **Heading:** Identification of global systemically important foreign banking organizations
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter II: FEDERAL RESERVE SYSTEM / Part 252: ENHANCED PRUDENTIAL STANDARDS (REGULATION YY) / Subpart I: Requirements for Qualified Financial Contracts of Global Systemically Important Banking Organizations / § 252.87: § 252.87   Identification of global systemically important foreign banking organizations.

## Text

(a) For purposes of this subpart, a top-tier foreign banking organization that is or controls a covered company (as defined at 12 CFR 243.2(f)) is a global systemically important foreign banking organization if any of the following conditions is met:
(1) The top-tier foreign banking organization determines, pursuant to paragraph (c) of this section, that the top-tier foreign banking organization has the characteristics of a global systemically important banking organization under the global methodology; or
(2) The Board, using information available to the Board, determines:
(i) That the top-tier foreign banking organization would be a global systemically important banking organization under the global methodology;
(ii) That the top-tier foreign banking organization, if it were subject to the Board's Regulation Q (part 217 of this chapter), would be identified as a global systemically important BHC under § 217.402 of the Board's Regulation Q; or
(iii) That any U.S. intermediate holding company controlled by the top-tier foreign banking organization, if the U.S. intermediate holding company is or were subject to § 217.402 of the Board's Regulation Q, is or would be identified as a global systemically important BHC.
(b) Each top-tier foreign banking organization that determines pursuant to paragraph (c) of this section that it has the characteristics of a global systemically important banking organization under the global methodology must notify the Board of the determination by January 1 of each calendar year.
.402 of the Board's Regulation Q, is or would be identified as a global systemically important BHC.
(b) Each top-tier foreign banking organization that determines pursuant to paragraph (c) of this section that it has the characteristics of a global systemically important banking organization under the global methodology must notify the Board of the determination by January 1 of each calendar year.
(c) A top-tier foreign banking organization that is or controls a covered company (as defined at 12 CFR 243.2(f)) and prepares or reports for any purpose the indicator amounts necessary to determine whether the top-tier foreign banking organization is a global systemically important banking organization under the global methodology must use the data to determine whether the top-tier foreign banking organization has the characteristics of a global systemically important banking organization under the global methodology.
(d) Each top-tier foreign banking organization that controls a U.S. intermediate holding company and that meets the requirements of § 252.153(b)(5) and (6) also meets the requirements of paragraphs (b) and (c) of this section.

## Nearby sections

- [12 C.F.R. § 252.81 (2026) § 252.81   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_81.md)
- [12 C.F.R. § 252.82 (2026) § 252.82   Applicability.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_82.md)
- [12 C.F.R. § 252.83 (2026) § 252.83   U.S. Special Resolution Regimes.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_83.md)
- [12 C.F.R. § 252.84 (2026) § 252.84   Insolvency proceedings.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_84.md)
- [12 C.F.R. § 252.85 (2026) § 252.85   Approval of enhanced creditor protection conditions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_85.md)
- [12 C.F.R. § 252.86 (2026) § 252.86   Foreign bank multi-branch master agreements.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_86.md)
- [12 C.F.R. § 252.87 (2026) § 252.87   Identification of global systemically important foreign banking organizations.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_87.md)
- [12 C.F.R. § 252.88 (2026) § 252.88   Exclusion of certain QFCs.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_88.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P252_S252_87. Check the current official text before relying on it. Not legal advice.