On August 19 the Federal Deposit Insurance Corporation (FDIC) gave notice that it will discuss in an open board meeting to be held on August 26 the following three highly publicized initiatives:

  • Final Statement of Policy of Qualifications for Failed Bank Acquisitions
  • Final Rule on the Extension of the Transaction Account Guarantee Program
  • Notice of Proposed Rulemaking Regarding Risk-Based Capital Guidelines; Impact of Modifications to Generally Accepted Accounting Principles; Consolidation of Asset-Backed Commercial Paper Programs; and Other Related Issues

The meeting will be held at 3:30 p.m. in the Board Room on the sixth floor of the FDIC Building located at 550 17th Street, N.W., Washington, D.C.