Regulations last checked for updates: Feb 07, 2026

Title 12 - Banks and Banking last revised: Dec 01, 2026
§ 28.53 - Accounting for fees on international loans.

(a) Restrictions on fees for restructured international loans. No banking institution shall charge, in connection with the restructuring of an international loan, any fee exceeding the administrative costs of the restructuring unless it amortizes the amount of the fee exceeding the administrative cost over the effective life of the loan.

(b) Accounting treatment. Subject to paragraph (a) of this section, a banking institution is to account for fees in accordance with generally accepted accounting principles.

[63 FR 57048, Oct. 26, 1998]
authority: 12 U.S.C. 1
source: 61 FR 19532, May 2, 1996, unless otherwise noted.
cite as: 12 CFR 28.53