Board Actions

Actions taken during the week ending June 14, 2014

Testimony and Statements

Currency and Coin -- statement by Louise L. Roseman, director, Division of Reserve Bank Operations and Payment Systems, on Federal Reserve activities related to currency developments and the management of coin distribution, submitted for the record for a hearing on June 11, 2014, of a subcommittee of the House Committee on Financial Services.
-Published, June 11, 2014

Forms

Forms -- initial Board review to implement the Policy Impact Survey (FR 3075).
-Proposed, June 10, 2014

Forms -- initial Board review to revise without extension the Capital and Asset Report for Foreign Banking Organizations (FR Y-7Q).
-Proposed, June 11, 2014

Monetary and Financial Policy

Term Deposit Facility -- fixed-rate offering of seven-day term deposits with a maximum tender amount of $10 billion on June 16, 2014.
-Announced, June 12, 2014

Personnel

Division of Banking Supervision and Regulation -- appointment of Thomas Sullivan as senior adviser.
-Announced, June 9, 2014

Division of Reserve Bank Operations and Payment Systems -- appointment of David P. Sidari as deputy director, effective July 14, 2014.
-Approved, June 10, 2014

Regulations and Policies

Income Tax Allocation Agreements -- final joint addendum to the 1998 Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure.
-Approved, June 10, 2014

Regulations Y (Bank Holding Companies and Change in Bank Control) and YY (Enhanced Prudential Standards) -- publication for comment of proposals to shift the start date of the capital plan and stress test cycles and make other changes to the rules.
-Approved, June 11, 2014

Enforcement

Allied First Bancorp, Inc., Oswego, Illinois -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, June 10, 2014