Board Actions

Actions taken during the week ending October 5, 2019

Regulations and Policies

Volcker Rule -- interagency final rule to amend the regulations implementing section 13 of the Bank Holding Company Act (the "Volcker rule") in order to provide banking entities with clarity about what activities are prohibited and to improve supervision and implementation of section 13.
-Approved, October 3, 2019

Enforcement

Columbus Bank & Trust, Columbus, Georgia -- issuance of a consent order of prohibition against John D. Evans, a former institution-affiliated party.
-Announced, October 3, 2019

Regions Bank, Birmingham, Alabama -- issuance of a consent order of prohibition against Timothy McMillian, a former institution-affiliated party.
-Announced, October 1, 2019