Recommended Resources
Cyberhaven.com Offshore havens, asset protection, global investing and other useful techniques.
The Year 2000 Bookshelf Books to help your evaluate the Y2K problems you face.

Gary North's Y2K Links and Forums - Mirror

Summary and Comments

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Category: 

Banking

Date: 

1997-10-22 17:28:07

Subject: 

The FED Will Not Certify Y2K Compliant Banks

  Link:

http://www.frbsf.org/fiservices/cdc/bulletin2/frsupport.html

Comment: 

The Federal Reserve System has decided not to enter into the "FED Housekeeping Seal of Approval" business.

I don't blame them. There won't be any 2000-compliant money center banks anyway, so the market is limited.

This appeared in the October issue of the FED's 2000-newsletter.

* * * * * * *

It is not possible for the Federal Reserve to determine the readiness of either your environment or your software. Therefore, as a service provider, the Federal Reserve will not certify the CDC readiness of its customers with respect to Federal Reserve products.

Link: 

http://www.frbsf.org/fiservices/cdc/bulletin2/frsupport.html

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