[Federal Register Volume 72, Number 160 (Monday, August 20, 2007)]
[Notices]
[Pages 46486-46487]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-16296]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in Permissible Nonbanking 
Activities or to Acquire Companies that are Engaged in Permissible 
Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec. [thinsp]225.28 of Regulation Y (12 CFR 225.28) or that the Board 
has determined by Order to be closely related to banking and 
permissible for bank holding companies. Unless otherwise noted, these 
activities will be conducted throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act. Additional information on all 
bank holding companies may be obtained from the National Information 
Center website at www.ffiec.gov/nic/.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than September 4, 2007.
    A. Federal Reserve Bank of New York (Anne MacEwen, Bank 
Applications Officer) 33 Liberty Street, New York, New York 10045-0001:
    1. Banco Latinoamericano de Exportaciones S.A., Panama City, 
Republic of Panama; to engage de novo through its subsidiary, Bladex 
Asset Managment, New York, New York, in serving as investment adviser, 
including sponsoring, organizing and managing a closed-end investment 
company, pursuant to section 225.28(b)(6)(i); furnishing general 
economic information and advice, general economic statistical 
forecasting services, and industry studies, pursuant to section 
225.28(b)(6)(ii); providing advice in connection with mergers, 
acquisitions, divestitures, investments, joint ventures, leveraged 
buyouts, recapitalizations, capital structurings, financing 
transactions and similar transactions, and conducting financial 
feasibility studies, pursuant to section 225.28(b)(6)(iii); providing 
information, statistical forecasting, and advice with respect to any 
transaction in foreign exchange, swaps, and similar transactions, 
commodities, and any forward contract, option, future, option on a 
future, and similar instruments, pursuant to section 225.28(b)(6)(iv); 
providing educational courses, and instructional materials to consumers 
on individual financial management matters, pursuant to section 
225.28(b)(6)(v); and providing tax-planning and tax-preparation 
services to any person, pursuant to section 225.28(b)(6)(vi), all of 
Regulation Y. In addition, Applicant also has applied to engage in 
providing administrative services to mutual funds, including, but not 
limited do, recordkeeping, providing legal and regulatory advice, 
developing compliance procedures, preparing reports and tax returns, 
and coordinating with the funds' other advisers and service providers. 
See

[[Page 46487]]

Dresdner Bank AG, 82 Federal Reserve Bulletin 676 (1996).

    Board of Governors of the Federal Reserve System, August 15, 
2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc.E7-16296 Filed 8-19-07; 8:45 am]
BILLING CODE 6210-01-S