appropriate Federal financial institutions regulatory agency
(7) Industrywide Prohibition.— (A) In general .— Except as provided in subparagraph (B), any person who, pursuant to an order issued under this subsection or subsection (i), has been removed or suspended from office in an insured credit union or prohibited from participating in the conduct of the affairs of an insured credit union may not, while such order is in effect, continue or commence to hold any office in, or participate in any manner in the conduct of the affairs of— (i) any insured depository institution; (ii) any institution treated as an insured bank under paragraph (3) or (4) of section 1818(b) of this title , or as a savings association under section 1818(b)(9) of this title ; (iii) any insured credit union; (iv) any institution chartered under the Farm Credit Act of 1971 [ 12 U.S.C. 2001 et seq.]; (v) any appropriate Federal financial institution regulatory agency; and (vi) the Federal Housing Finance Agency and any Federal home loan bank. (B) Exception if agency provides written consent .— If, on or after the date an order is issued under this subsection which removes or suspends from office any institution-affiliated party or prohibits such party from participating in the conduct of the affairs of an insured credit union, such party receives the written consent of— (i) the Board; and (ii) the appropriate Federal financial institutions regulatory agency of the institution described in any clause of subparagraph (A) with respect to which such party proposes to become an institution-affiliated party, subparagraph (A) shall, to the extent of such consent, cease to apply to such party with respect to the institution described in each written consent. If any person receives such a written consent from the Board, the Board shall publicly disclose such consent. If the agency referred to in clause (ii) grants such a written consent, such agency shall report such action to the Board and publicly disclose such consent. (C) Violation of paragraph treated as violation of order .— Any violation of subparagraph (A) by any person who is subject to an order described in such subparagraph shall be treated as a violation of the order. (D) “Appropriate federal financial institutions regulatory agency” defined .— For purposes of this paragraph, the term “appropriate Federal financial institutions regulatory agency” means— (i) the appropriate Federal banking agency, as provided in section 1813(q) of this title ; (ii) the Farm Credit Administration, in the case of an institution chartered under the Farm Credit Act of 1971 [ 12 U.S.C. 2001 et seq.]; (iii) the National Credit Union Administration Board, in the case of an insured credit union (as defined in section 1752(7) of this title ); and (iv) the Secretary of the Treasury, in the case of the Federal Housing Finance Agency and any Federal home loan bank; (E) Consultation between agencies .— The agencies referred to in clauses (i) and (ii) of subparagraph (B) shall consult with each other before providing any written consent described in subparagraph (B). (F) Applicability .— This paragraph shall only apply to a person who is an individual, unless the Board specifically finds that it should apply to a corporation, firm, or other business enterprise.