Request for Public Comment on Regulation K (International Banking Operations) - District Notice 03-

Federal Reserve Bank of Dallas2200 N. PEARL ST.DALLAS, TX 75201-2272June 11, 2003Notice 03-31TO: The Chief Executive Officer of eachfinancial institution and others concernedin the Eleventh Federal Reserve DistrictSUBJECTRequest for Public Comment on Regulation K(International Banking Operations)DETAILSThe Board of Governors of the Federal Reserve System has requested public comment ona proposal to require Edge and Agreement corporations and U.S. branches, agencies and other officesof foreign banks supervised by the Board to establish and maintain procedures reasonably designedto assure and monitor compliance with the Bank Secrecy Act and the regulations issued thereunder.The Board must receive comments by June 30, 2003. Please address comments toJennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street andConstitution Avenue, N.W., Washington, DC 20551. Also, you may mail comments electronically toregs.comments@federalreserve.gov. All comments should refer to Docket No. R-1147.AT TACHMENTA copy of the Board’s notice as it appears on pages 32434–37, Vol. 68, No. 104 of theFederal Register dated May 30, 2003, is attached.MORE INFORMATIONFor more information, please contact Dick Burda, Banking Supervision Department,Houston Branch, at (713) 652-1503. Paper copies of this notice or previous Federal Reserve Banknotices can be printed from our web site at http://www.dallasfed.org/banking/notices/index.html.For ...