(a) Calculation of liabilities in accordance with Call
Report. For purposes of §3.53(b), and except as otherwise provided
in this subchapter, a foreign bank must:
(1) calculate the nonrelated deposit liabilities and
nonrelated other liabilities of its Texas state branch or agency in
accordance with the instructions in the FFIEC Call Report; and
(2) calculate the asset pledge on the same basis on
which it calculates quarterly averages for Call Report purposes (currently,
the average of liabilities subject to asset pledge either as of the
close of business for each day of the calendar quarter or as of the
close of business on each Wednesday during the calendar quarter).
(b) Aggregation. A foreign bank that maintains more
than one Texas state branch or agency must calculate the amount of
the required asset pledge on an aggregate basis.
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