7 Jan 2025
📊Change in Bank Control Notices and Compliance Requirements, 2025
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The text informs about compliance and regulatory requirements under the Change in Bank Control Act, impacting business owners and executives in the banking sector related to share acquisitions and comment submissions. Failure to comply could result in penalties or denial of applications.