Qualifying central bank

Qualifying central bank means:
(1) A Federal Reserve Bank;
(2) The European Central Bank; and
(3) The central bank of any member country of the OECD, if:
(i) Sovereign exposures to the member country would receive a zero percent risk-weight under ยง 3.32; and
(ii) The sovereign debt of the member country is not in default or has not been in default during the previous 5 years.

Source

12 CFR § 3.2


Scoping language

As used in this part:

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