Board Actions

Actions taken during the week ending January 13, 2007

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.
-Announced, January 9, 2007

Banks, Foreign

Granbanco, S.A., Bogota, Colombia -- request by Fondo de Garantias de Instituciones Financieras to establish a temporary trust to hold the shares of Bancafe International, Miami, Florida, an Edge corporation, in connection with the privatization of its parent company, Granbanco, S.A.
-Granted, December 18, 2006 (AC)

Regulations And Policies

Payments System Risk Policy -- revisions to modify the Board's expectations for systemically important payments and settlements systems subject to the Board's authority and update and clarify the policy with regard to central counterparties.
-Approved, January 11, 2007