Federal Reserve System
The Board of Governors of the Federal Reserve System (Board) is adopting correcting amendments to the final rule published in the Federal Register of October 26, 2001, regarding international banking operations and the corresponding delegations of authority. The corrections clarify a number of provisions and correct a citation appearing in Subpart A, and restore a provision that was adopted in January 2001, but was inadvertently deleted from the rule.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Federal Reserve System 12 CFR Parts 211 and 265 [Regulation K; Docket No. R-0994] AGENCY: Board of Governors of the Federal Reserve System. ACTION: Final rule; correcting amendments. SUMMARY: The Board of Governors of the Federal Reserve System (Board) is adopting correcting amendments to the final rule published in the Federal Register of October 26, 2001, regarding international banking operations and the corresponding delegations of authority. The corrections clarify a number of provisions and correct a citation appearing in Subpart A, and restore a provision that was adopted in January 2001, but was inadvertently deleted from the rule. DATES: Effective November 26, 2001. FOR FURTHER INFORMATION CONTACT: Ann Misback, Assistant General Counsel (202/452-3788), or Alison MacDonald, Counsel (202/452-3236), Legal Division, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW., Washington, DC 20551. SUPPLEMENTARY INFORMATION: On October 17, 2001, the Board adopted final revisions to subparts A, B, and C of Regulation K, governing international banking operations and to corresponding rules regarding delegations of authority. ( See 66 FR 54346 , October 26, 2001). The final revisions become effective on November 26, 2001. This document makes the following corrections to those final revisions: (1) Clarifies, with respect to the second of five factors considered by the Board in acting on proposals by member banks to invest more than 10 percent of…
Other Federal Register documents from the same docket.
International Banking Operations
International Banking Operations; International Lending Supervision
International Banking Operations; Rules Regarding Delegation of Authority
International Banking Operations
Extended Examination Cycle For U.S. Branches and Agencies of Foreign Banks
Citation: 66 FR 58655
