Technical Bulletin Published by FASB.

Technical Bulletin No. 01-1, Effective Date for Certain Financial Institutions of Certain Provisions of Statement 140 Related to the Isolation of Transferred Financial Assets, has been published by the Financial Accounting Standards Board.

The Technical Bulletin defers, until 2002, application of the isolation standards of Statement 140, as clarified in staff guidance published in Apr. of this year, to banks and certain other financial institutions. Those institutions also will be allowed up to five years of additional transition time for transfers of assets to certain...