Board Actions

Actions taken during the week ending December 23, 2006

Bank Holding Companies

AFNB Holdings, Inc., Houston, Texas -- to become a bank holding company and to acquire American First National Bank.
-Approved, December 18, 2006

Change In Bank Control

Jackson Financial Corporation, Mayfield, Kentucky -- change in bank control.
-Permitted, December 19, 2006

Enforcement

Habib Bank Limited, Karachi, Pakistan, and its New York, New York branch -- written agreement with the Federal Reserve Bank of New York and the New York State Banking Department.
-Announced, December 21, 2006

Mitsubishi UFJ Financial Group Inc., Tokyo, Japan; The Bank of Tokyo-Mitsubishi UFJ, Ltd; and its New York, New York branch -- written agreement with the Federal Reserve Banks of San Francisco and New York and the New York State Banking Department.
-Announced, December 18, 2006

Financial Holding Companies

Mizuho Financial Group, Inc., Tokyo, Japan, and Mizuho Corporate Bank, Ltd. -- elections to become financial holding companies.
-Effective, December 18, 2006

The Norinchukin Bank, Tokyo, Japan -- election to be treated as a financial holding company.
-Effective, December 18, 2006

Forms

Forms -- final Board review to extend without revision the disclosure and reporting requirements of CRA-Related Agreements (Reg G), disclosure requirements of Subpart H of Regulation H (Consumer Protections in Sales of Insurance) (Reg H-7), and filing requirements associated with the Domestic Branch Notification (FR 4001).
-Approved, December 21, 2006

Regulations And Policies

Broker Exceptions for Banks -- publication for comment of proposed new Regulation R to delineate the scope of securities brokerage activities that banks may conduct in providing banking services to their customers without registering with the Securities and Exchange Commission as a securities broker (Docket No. R-1274).
-Approved, December 18, 2006