Section 329.1 - Purpose and applicability(a)Purpose. This part establishes a minimum liquidity standard and a minimum stable funding standard for certain FDIC-supervised institutions on a consolidated basis, as set forth herein.(b)Applicability.(1) An FDIC-supervised institution is subject to the minimum liquidity standard, minimum stable funding standard, and other requirements of this part if:(i) It is a: (A) GSIB depository institution supervised by the FDIC;(B) Category II FDIC-supervised institution; or(C) Category III FDIC-supervised institution; or(ii) The FDIC has determined that application of this part is appropriate in light of the FDIC-supervised institution's asset size, level of complexity, risk profile, scope of operations, affiliation with foreign or domestic covered entities, or risk to the financial system.(2) This part does not apply to:(i) A bridge financial company as defined in 12 U.S.C. 5381(a)(3) , or a subsidiary of a bridge financial company;(ii) A new depository institution or a bridge depository institution, as defined in 12 U.S.C. 1813(i) ; or(3) In making a determination under paragraph (b)(1)(ii) of this section, the FDIC will apply, as appropriate, notice and response procedures in the same manner and to the same extent as the notice and response procedures set forth in 12 CFR 324.5 .84 FR 59279, Nov. 1, 2019, as amended at 86 FR 9218, Feb. 11, 2021 84 FR 59279, 12/31/2019; 86 FR 9218, 7/1/2021