Board Actions

Actions taken during the week ending March 10, 2012

Forms

Forms -- initial Board review to extend without revision the Recordkeeping Requirements Associated with Changes in Foreign Investments (Made Pursuant to Regulation K) (FR 2064) and Notice Requirements in Connection with Regulation W (12 CFR Part 223 Transactions Between Member Banks and Their Affiliates).
-Proposed, March 7, 2012

Forms -- final Board review to revise without extension the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C).
-Approved, March 8, 2012

Forms -- final Board review to extend without revision the Recordkeeping Requirements of Regulation H and Regulation K Associated with Bank Secrecy Act Compliance Programs.
-Approved, March 9, 2012

Personnel

Office of Financial Stability Policy and Research -- appointment of Rochelle Edge as adviser.
-Approved, March 5, 2012

Enforcement

Enforcement Actions -- action plans for supervised financial institutions to correct deficiencies in residential mortgage loan servicing and foreclosure processing, as required by formal enforcement actions issued by the Federal Reserve last year.
-Announced, March 8, 2012

Sterling Financial Corporation, Spokane, Washington -- written agreement dated December 24, 2009, terminated March 5, 2012.
-Announced, March 8, 2012