Board Actions

Actions taken during the week ending February 9, 2019

Bank Branches, Domestic

Regions Bank, Birmingham, Alabama -- to establish seven branches in Georgia, Illinois, Missouri, Tennessee, and Texas.
-Approved, February 5, 2019

Forms

Forms -- initial Board review to extend with revision the Central Bank Survey of Foreign Exchange and Derivatives Market Activity (FR 3036).
-Proposed, February 4, 2019

Forms -- final Board review to extend without revision the Notice Requirements Associated with Regulation W (FR W).
-Approved, February 5, 2019

Regulations and Policies

Regulation H -- interagency final rule to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act.
-Approved, February 7, 2019

Stress Testing -- (1) Final notice of enhanced disclosure of the models used in the supervisory stress tests conducted under Regulation YY, (2) final Stress Testing Policy Statement (Regulation YY, Appendix B) for supervisory stress testing, and (3) final rule amending the Policy Statement on the Scenario Design Framework for Stress Testing (Regulation YY, Appendix A).
-Approved, February 4, 2019

Supervision and Regulation

2019 Stress Testing and Capital-Plan Submissions -- relief from certain stress testing and capital-plan submission requirements for certain U.S. bank holding companies with assets of between $100 billion and $250 billion and certain U.S. intermediate holding companies with assets of less than $250 billion.
-Approved, February 5, 2019

Enforcement

Mariner's Bancorp, Edgewater, New Jersey -- issuance of a consent notice of suspension and prohibition against Fred Daibes, a former institution-affiliated party of Mariner's Bancorp.
-Announced, February 5, 2019

SunTrust Bank, Atlanta, Georgia -- issuance of a consent order of prohibition against Alison Keefe, a former institution-affiliated party of SunTrust Bank.
-Announced, February 7, 2019