; and (iii) shall include requirements to ensure compliance with this section, such as requirements regarding internal controls and recordkeeping. (C) Authority The Board shall have sole authority to issue and amend rules under this section after the date of the enactment of this paragraph. (D) Conforming authority (i) Continuity of regulations Any rules or guidance issued under this section prior to the date of enactment of this paragraph shall continue in effect until the Board issues a successor rule or guidance, or amends such rule or guidance, pursuant to subparagraph (C). (ii) Applicable guidance In performing examinations or other supervisory duties, the appropriate Federal banking agencies, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, as appropriate, shall update any applicable policies and procedures to ensure that such policies and procedures are consistent (to the extent practicable) with any rules or guidance issued pursuant to subparagraph (C). . (b) Conforming amendments Section 13 of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1851 ) is amended— (1) by striking the appropriate Federal banking agencies, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, each place it appears and inserting the Board ; (2) by striking ‘‘appropriate Federal banking agencies, the Securities and Exchange Commission, and the Commodity Futures Trading Commission’’ each place it appears and inserting ‘‘Board’’; (3) in subsection (c)(5), by striking Notwithstanding paragraph (2) and all that follows through provided in subsection (b)(2), and inserting The Board shall have the authority ; and (4) in subsection (d)(1)— (A) in subparagraph (F)(ii)— (i) by striking the appropriate Federal banking agencies and inserting the Board ; and (ii) by striking have not jointly and inserting has not