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        <title>Reserve Requirements of Depository Institutions</title>
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    <abstract>The Board proposes to revise its 1980 interpretation of Regulation D (Reserve Requirements of Depository Institutions) setting forth criteria for the "bankers' bank" exemption from reserve requirements. The interpretation sets forth the standards that the Board uses in applying the statutory and regulatory requirements for the bankers' banks exemption to specific institutions. The proposed revisions would authorize the Board to determine, on a case by case basis, whether certain entities not already expressly authorized in the interpretation may become customers to a limited extent of bankers' banks.</abstract>
    <identifier type="FR citation">71 FR 46411</identifier>
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        <topic>Banks</topic>
        <topic>Banking</topic>
        <topic>Reporting and Recordkeeping Requirements</topic>
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            <partNumber>Title 12 Part 204</partNumber>
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        <action>Notice of proposed rulemaking; request for public comment.</action>
        <summary>The Board proposes to revise its 1980 interpretation of Regulation D (Reserve Requirements of Depository Institutions) setting forth criteria for the "bankers' bank" exemption from reserve requirements. The interpretation sets forth the standards that the Board uses in applying the statutory and regulatory requirements for the bankers' banks exemption to specific institutions. The proposed revisions would authorize the Board to determine, on a case by case basis, whether certain entities not already expressly authorized in the interpretation may become customers to a limited extent of bankers' banks.</summary>
        <dates>Comments must be received by September 13, 2006.</dates>
        <contact>Heatherun Allison, Senior Counsel, (202) 452-3565; or Stephanie Martin, Associate General Counsel, (202) 452-3198, Legal Division, Board of Governors of the Federal Reserve System, Washington, DC 20551. For users of Telecommunications Device for the Deaf (TDD) only, contact (202) 263-4869.</contact>
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            <subject>Banks</subject>
                                    
            <subject>Banking</subject>
                                    
            <subject>Reporting and Recordkeeping Requirements</subject>
                                
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        <tocSubject1>Depository institutions; reserve requirements (Regulation D):</tocSubject1>
        <tocDoc>Bankers banks; exemption from reserve requirements; criteria; interpretation, </tocDoc>
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            <partNumber>Vol. 71, no. 156</partNumber>
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