Board Actions

Forms -- initial Board review to extend without revision the recordkeeping requirements associated with Regulation GG (FR 4026) and the notice requirements in connection with Regulation W.
-Proposed, May 16, 2015

Term Deposit Facility -- floating-rate offerings of 14-day and 7-day term deposits on May 21 and 28, respectively, each with an early withdrawal feature, same-day settlement, and a maximum tender amount of $5 billion.
-Announced, May 14, 2015

Foreign Remittance Transfers -- report to Congress on the use of the automated clearinghouse system and other payment mechanisms for remittance transfers to foreign countries, in accordance with the Dodd-Frank Act.
-Approved, May 9, 2015
(A/C)

Credit Suisse AG, Zurich, Switzerland -- notice of prohibition against Markus Walder, Marco Parenti Adami, Susanne Ruegg Meier, Michele Bergantino, and Roger Schaerer, former institution-affiliated parties of Credit Suisse AG.
-Approved, April 3, 2015
(A/C)

Foreign Exchange Trading -- issuance of consent cease and desist orders and assessments of civil money penalties against Citigroup Inc., New York, New York; JPMorgan Chase & Co.; Bank of America Corporation, Charlotte, North Carolina; UBS AG, Zurich, Switzerland, and its Stamford, Connecticut, branch; Barclays Bank PLC, London, England, and its New York branch; and The Royal Bank of Scotland PLC, Edinburgh, Scotland, and RBS Securities Inc., Stamford.
-Approved, May 8, 2015
(A/C)

The Freedom Bank of Virginia, Fairfax, Virginia -- issuance of a consent order of assessment of a civil money penalty.
-Announced, May 12, 2015