Requirements / e3ddc27e4555676e
This is a normalized obligation summary extracted deterministically from regulatory text. The structured fields below are parsed from the source—not AI-generated summaries.
Obligation Structure
- Actor
- institution
- Modality
- Mandatory
- Duty
- providing non-covered overdraft credit in the previous year previous year
- Conditions
- When calculating the pro rata share of its total direct costs and charge-off losses for providing non-covered overdraft credit in the previous year
Source Text
When calculating the pro rata share of its total direct costs and charge-off losses for providing non-covered overdraft credit in the previous year, a very large financial institution must include all non-covered overdraft transactions from the previous year in its calculation.
Stable ID: e3ddc27e4555676e