FEDERAL RESERVE BANK of NEW YORK

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Reserve Maintenance Seminar Online Registration

December 17, 2002

Session Description
The Statistics Function of the Federal Reserve Bank of New York will host a full-day training seminar on reserve requirement calculations, clearing balance requirements, as-of-adjustments, account maintenance, and, deficiencies and penalties.

The seminar is designed as a practical reference to make it easier for financial institutions to manage reserve accounts. The seminar assumes a familiarity with accounting practices and provides a detailed discussion of each major aspect of reserve management, together with descriptions and samples of reports and other informational tools.

Representatives of the Statistics Function will describe in detail the methodology of calculating reserves, as well as pertinent federal rules and regulations.

Instuctions can be accessed online at the Federal Reserve's Financial Services site. Click on Customer Reference Guides, and then on Reserve Maintanence Manual. Who Should Attend

Anyone responsible for analyzing and maintaining reserve balances

More Information
For more information, please contact:

Marc Plotsker [Reports Analyst] at (212) 720-6797

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