Board Actions

Actions taken during the week ending January 19, 2013

Forms

Forms -- final Board review to extend with revision the Consumer Satisfaction Questionnaire (FR 1379a), Federal Reserve Consumer Help-Consumer Survey (FR 1379b), Consumer Online Complaint Form (FR 1379c), and Semiannual Report of Derivatives Activity (FR 2436); to extend without revision the Domestic Branch Notification (FR 4001); and to conduct the Central Bank Survey of Foreign Exchange and Derivatives Market Activity (FR 3036).
-Approved, January 16, 2013

Monetary and Financial Policy

Term Asset-Backed Securities Loan Facility (TALF) -- agreement with the Department of the Treasury to end Treasury's credit protection for the TALF under the Troubled Asset Relief Program.
-Approved, January 15, 2013

Regulations and Policies

Regulation Z (Truth in Lending) -- final interagency amendments to establish new appraisal requirements for "higher-priced mortgage loans," in accordance with the Dodd-Frank Act.
-Approved, January 11, 2013
(A/C)

Enforcement

Blue Valley Ban Corp., Overland Park, Kansas, and Bank of Blue Valley -- written agreement dated November 4, 2009, terminated January 11, 2013.
-Announced, January 17, 2013

The Commercial & Savings Bank, Millersburg, Ohio -- issuance of a consent order of assessment of a civil money penalty.
-Announced, January 17, 2013

JPMorgan Chase & Co., New York, New York -- issuance of two consent cease and desist orders against JPMorgan Chase & Co. requiring it to take corrective action (1) to enhance its risk-management program and its finance and internal audit functions, particularly regarding its Chief Investment Office, and (2) to enhance its program for compliance with the Bank Secrecy Act and other anti-money-laundering requirements at its various subsidiaries.
-Announced, January 14, 2013