[Federal Register: August 20, 2007 (Volume 72, Number 160)]
[Notices]
[Page 46486-46487]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr20au07-68]
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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 http://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