[10703]
February 4, 1999
TO: BANK AND TRUST ADVISORY COMMITTEE No. 4-99
VENDOR ADVISORY GROUP
RE: FEBRUARY 12, 1999 MEETING AGENDA AND FEBRUARY 11, 1999
DINNER ARRANGEMENTS
______________________________________________________________________________
Enclosed please find the agenda for the Friday, February 12, 1999 meeting of the Bank & Trust
Advisory Committee (“BTAC”) and the Vendor Advisory Group.
The meeting will take place at the Investment Company Institute which is located at 1401 H
Street, N.W., 12th Floor, Washington, D.C. The meeting will begin at 10:00 a.m., lunch will be provided
and the meeting is expected to continue until approximately 3:00 p.m.
A dinner has been scheduled for interested committee members the evening of Thursday,
February 11, 1999. Committee members attending the dinner should meet at the restaurant for cocktails
at 6:30 p.m. We will be dining at M&S Grill which is located at 600 Thirteenth Street, N.W. The phone
number is 202/347-1500.
We look forward to seeing you in Washington, D.C. on February 11th and 12th.
Frank Litwin Diane Butler
Chairman - Bank & Trust Director - Operations
Advisory Committee & Fund Custody
Enclosure
Investment Company Institute
BANK AND TRUST ADVISORY COMMITTEE
VENDOR ADVISORY GROUP
Friday, February 12, 1999
MEETING AGENDA
1. Introductions Frank Litwin
2. Y2K Update and Open Discussion Don Boteler
3. Year-end Tax Reporting Open Discussion
4. Trust Processing Through Fund/SERV and Networking
A. Programming and Testing Status Open Discussion
B. Trust Processing Issues & Concerns Patti Hamel
5. Defined Contribution Clearance & Settlement
Use of Trust Account Number by Trusts and Scott Seibel
TPAs for Processing (vs. Fund Account Number)
6. Fund Distributions Processing Task Force Tom Sutter
7. ABA Mutual Fund Processing Task Force Update Tom Sutter
8. NSCC/DTC Mutual Funds Consolidation Lynn Brenman/James DeRubertis
9. NSCC Update Scott Seibel/Brian Scribner
A. Mutual Fund Profile Service – Corporate Actions
ACATS for Banks
10. ICI Update Diane Butler
Retirement Plans Conference
B. Proposed Know Your Customer Regulations for Banks
C.* NASAA Approves Model Rules for
Sales of Securities at Financial Institutions
11. Other Business Frank Litwin
Next Meeting