Bank Act

Marginal note:Prudential agreement

959 The Superintendent may enter into an agreement, called a “prudential agreement”, with a bank holding company for the purposes of implementing any measure designed to protect the interests of depositors, policyholders and creditors of any federal financial institution affiliated with it, establishing adequate policies and procedures to protect the bank holding company against threats to its integrity or security or maintaining or improving its adherence to those policies and procedures.