Federal Reserve Bulletin articles from April 1 2003

Federal Reserve Bulletin archives from April 1 2003

Industrial Production and Capacity Utilization: The 2002 Historical and Annual Revision
April 1, 2003... In late 2002, the Federal Reserve published a revision of its index of industrial production (IP) and the related measures of capacity and capacity utilization. The primary feature of the revision was the reclassification back to 1972 of...

Approval of Final Rule Amending Regulation B. (Announcements)
April 1, 2003... The Federal Reserve Board on February 19, 2003, approved a final rule amending Regulation B, which implements the Equal Credit Opportunity Act (ECOA). Among other things, the final rule addresses the collection of applicants' personal...

Final rule amending Regulation B published. (Announcements).
April 1, 2003... The Federal Reserve Board on March 5, 2003, announced that it had published a final rule amending Regulation B, which implements the Equal Credit Opportunity Act. The Board approved the final rule at its meeting on February 19, 2003. The...

Proposed amendment to Regulation C. (Announcements).
April 1, 2003... The Federal Reserve Board on March 3, 2003, published transition rules in a proposed amendment to the official staff commentary that applies and interprets the requirements of Regulation C (Home Mortgage Disclosure Act). Comment is...

Proposal to amend Regulation Y. (Announcements).
April 1, 2003... The Federal Reserve Board on March 11, 2003, requested public comment on a proposal to modify a condition in the Board's Regulation Y (Bank Holding Companies and Change in Bank Control) in order to allow bank holding companies engaged in...

Interpretation of Regulation K on securities underwriting. (Announcements).
April 1, 2003... The Federal Reserve Board on February 7, 2003, issued an interpretation concerning securities underwriting by banking organizations that are subject to the Bank Holding Company Act. The interpretation clarifies that a banking organization...

Agencies issue advisory on mortgage banking activities. (Announcements).
April 1, 2003... Federal bank and thrift regulatory agencies on February 25, 2003, jointly issued an advisory letter discussing risks related to mortgage banking activities. The letter highlights concerns and provides guidance regarding mortgage banking...

Meeting of the Consumer Advisory Council. (Announcements).
April 1, 2003... The Federal Reserve Board announced on February 14, 2003, that the Consumer Advisory Council would hold its next meeting on Thursday, March 13. The Council's function is to advise the Board on the exercise of its responsibilities under...

Enforcement Actions. (Announcements)
April 1, 2003... The Federal Reserve Board on February 13, 2003, announced the issuance of a Final Decision and Order of Prohibition against Cynthia Rowe, a former employee of Key Bank, N.A., Cleveland, Ohio. The Order, the result of an action brought by the...

Final rule--amendment to rules of procedure. (Legal Developments).(ruling by Federal Open Market Committee)(Brief Article)
April 1, 2003... The Federal Open Market Committee is amending its definition of a quorum of the Committee. The amendment is designed to enhance the Committee's ability to perform its functions in the event of a national emergency. Effective February 6,...

Orders Issued under Bank Holding Company Act. (Legal Developments)
April 1, 2003... Orders Issued Under Sections 3 and 4 of the Bank Holding Company Act Mizuho Financial Group, Inc. Tokyo, Japan Order Approving the Formation of Bank Holding Companies and Acquisition of Nonbanking Companies Mizuho Holdings, Inc., Tokyo,...

Orders Issued under International Banking Act. (Legal Developments)
April 1, 2003... The Daiwa Bank, Limited Osaka, Japan Order Approving Establishment of a Representative Office The Daiwa Bank, Limited ("Bank"), Osaka, Japan, a foreign bank within the meaning of the International Banking Act ("IBA"), has applied under...

Index of orders issued or actions taken by the board of governors of the Federal Reserve System: (October 1, 2002-December 31, 2002). (Legal Developments).
April 1, 2003... INDEX OF ORDERS ISSUED OR ACTIONS TAKEN BY THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (October 1, 2002-December 31, 2002) Applicant Merged or Acquired Bank of Activity Bank of Hawaii, ...

Applications approved under Bank Holding Company Act by the Secretary of the Board. (Legal Developments).(Brief Article)
April 1, 2003... APPLICATIONS APPROVED UNDER BANK HOLDING COMPANY ACT By the Secretary of the Board Recent applications have been approved by the Secretary of the Board as listed below. Copies are available upon request to the Freedom of Information...

Applications Approved under Bank Holding Company Act by Federal Reserve Banks. (Legal Developments)
April 1, 2003... APPLICATIONS APPROVED UNDER BANK HOLDING COMPANY ACT By Federal Reserve Banks Recent applications have been approved by the Federal Reserve Banks as listed below. Copies are available upon request to the Reserve Banks. Section 3 Applicant(s) ...

Applications approved under Bank Merger Act by Federal Reserve Banks. (Legal Developments).(Brief Article)
April 1, 2003... APPLICATIONS APPROVED UNDER BANK MERGER ACT By Federal Reserve Banks Recent applications have been approved by the Federal Reserve Banks as listed below. Copies are available upon request to the Reserve Banks. Applicant(s) ...

Pending cases involving the Board of Governors. (Legal Developments).(list of cases)
April 1, 2003... This list of pending cases does not include suits against the Federal Reserve Banks in which the Board of Governors is not named a party. Sedgwick v. United States, No. 02-5378 (D.C. Circuit, filed November 26, 2002). Appeal of the...

Financial and Business Statistics
April 1, 2003... 1.10 RESERVES AND MONEY STOCK MEASURES Percent annual rate of change, seasonally adjusted (1) 2002 Monetary or credit aggregate Q1 Q2 Q3 Reserves of depository ...