Examples of Regulation Y in a sentence
Expenses/ExpendituresOn the accrual basis of accounting, expenses are recognized at the time they are incurred.
Engaging in activities that the FRB has determined in Regulation Y (12 CFR 225.28(b)) are closely related to banking under section 4(c)(8) of the Bank Holding Company Act.
Moreover, the BHC Act and Regulation Y require the Board to act on proposals submitted under those provisions within certain time periods.
The control standard applicable under Subpart A of Regulation K differs in some respects from the Regulation Y control standard.
An investor may engage in activities that the Board has determined in § 225.28(b) of Regulation Y (12 CFR 225.28(b)) are closely related to banking under sec- tion 4(c)(8) of the BHC Act (12 U.S.C. 1843(c)(8)).(c) Specific approval.