5 Jun 2025
🏦Change in Bank Control Notices
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve System has issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. It outlines the process for public comment, including deadlines and contact information for submissions, emphasizing the importance of stakeholder input in regulatory decisions.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The notice involves regulatory requirements concerning the acquisition of shares of banks or bank holding companies, which directly affects business owners' and executives' compliance obligations. The opportunity for public comment also implies stakeholder engagement in the regulatory process.