Board Actions

Sumitomo Mitsui Trust Holdings, Inc., Tokyo, Japan, and Sumitomo Mitsui Trust Bank, Limited -- to acquire shares of Marubeni Rail Transport, Inc., a Delaware corporation, and thereby indirectly acquire Midwest Railcar Corporation, an Illinois corporation.
-Approved, June 9, 2016

Resolution Plans -- joint letter with the Federal Deposit Insurance Corporation to 84 foreign banking organizations with limited U.S. operations reducing the informational requirements of their resolution plans in December 2016, 2017, and 2018, subject to certain conditions.
-Approved, June 3, 2016
(A/C)

Resolution Plans -- determination, jointly with the Federal Deposit Insurance Corporation, to extend to July 1, 2017, the 2016 resolution plan filing date for four foreign banking organizations (Barclays PLC, Credit Suisse Group AG, Deutsche Bank AG, and UBS AG), under the Dodd-Frank Act.
-Granted, June 7, 2016

Forms -- final Board review to extend without revision the Recordkeeping Requirements Associated with the Interagency Statement on Complex Structured Finance Activities (FR 4022).
-Approved, June 9, 2016

Forms -- final Board review to extend without revision the Request for Extension of Time to Dispose of Assets Acquired in Satisfaction of Debts Previously Contracted (FR 4006), Stock Redemption Notification (FR 4008), Notice Claiming Status as an Exempt Transfer Agent (FR 4013), Investment in Bank Premises Notification (FR 4014), and Reports Related to Securities of State Member Banks as Required by Regulation H (Reg H-1).
-Approved, June 10, 2016

Division of Banking Supervision and Regulation -- appointment of Ryan Lordos as deputy associate director and Donna J. Webb as assistant director.
-Announced, June 8, 2016

Management Division -- appointment of Tim Markey as assistant director.
-Announced, June 8, 2016

First State Bank of Warner, Warner, South Dakota -- written agreement dated September 16, 2010, terminated June 7, 2016.
-Announced, June 9, 2016