Board Actions

Actions taken during the week ending December 9, 2006

Advisory Councils

Consumer Advisory Council -- appointment of ten new members and designation of Lisa Sodeika as Chair and Tony Brown as Vice Chair for 2007.
-Approved, December 5, 2006

Board Operations

Division of Reserve Bank Operations and Payment Systems -- appointment of Donald V. Hammond as Deputy Director and title change for Paul Bettge to Senior Adviser.
-Approved, November 28, 2006 (AC)

Regulations And Policies

Basel IA Capital Accord -- publication for comment of interagency revisions to the existing risk-based capital guidelines for institutions not using Basel II (Docket No. R-1238).
-Approved, November 22, 2006 (AC)

Commercial Real Estate -- final interagency Guidance on Concentrations in Commercial Real Estate Lending and Sound Risk Management Practices (Docket No. OP-1248).
-Approved, December 5, 2006

Financial Services Regulatory Relief Act -- interim amendments to Regulation O with request for comment to implement certain provisions of the act by eliminating certain insider lending reporting requirements (Docket No. R-1271).
-Approved, December 5, 2006