skip navigation

Board Actions

Actions taken during the week ending October 25, 2014

Forms

Forms -- initial Board review to pretest and execute the 2016 Survey of Consumer Finances (FR 3059) and to extend without revision the Recordkeeping and Disclosure Requirements Associated with the Guidance on Response Programs for Unauthorized Access to Customer Information (FR 4100).
-Proposed, October 21, 2014

Monetary and Financial Policy

Term Deposit Facility -- fixed-rate offering of seven-day term deposits with an early withdrawal feature and a maximum tender amount of $15 billion on October 27, 2014.
-Announced, October 23, 2014

Regulations and Policies

Consumer Advisory Council -- final rule repealing the Rules of Organization and Procedures for the former Consumer Advisory Council, in accordance with the Dodd-Frank Act's repeal of statutory provisions for the council and transfer of most consumer protection rulemaking authority to the Consumer Financial Protection Bureau.
-Approved, October 22, 2014

Regulation H (Membership of State Banking Institutions in the Federal Reserve System) -- publication for comment of interagency amendments to implement provisions of the Homeowner Flood Insurance Affordability Act affecting escrow payments and the mandatory purchase of flood insurance.
-Approved, October 15, 2014
(A/C)

Regulation HH (Designated Financial Market Utilities) and Policy Statement on Payment System Risk -- final amendments to the Regulation HH risk-management standards and revisions to the policy statement to reflect new international standards for financial market infrastructures.
-Approved, October 24, 2014

Regulation RR (Credit Risk Retention) -- final interagency rule to implement the securitization risk-retention requirements of the Dodd-Frank Act.
-Approved, October 22, 2014

Enforcement

BOV Holding Company, Versailles, Missouri, and Bank of Versailles -- written agreement issued July 26, 2010, terminated October 20, 2014.
-Announced, October 23, 2014