January 12, 2004 News Archive

FFIEC Publishes Third Quarter Country Exposure Report
The Federal Financial Institutions Examination Council (FFIEC) released results of the September 30, 2003 country exposure lending survey, which details transfer risk claims on foreign borrowers held by U .S. banks.

Policy Statement on Institutions Providing Financial Support to Advised Investment Funds Issued
In a press release, the federal banking and thrift supervisory agencies issued a policy statement alerting financial institutions to the safety and soundness and legal issues involved in providing financial support to investment funds advised by the institution or its subsidiaries or affiliates.