11 Jun 2025
🏦Regulatory Notice on Change in Bank Control for Financial Entities
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. The notice outlines public comments' importance and provides instructions for submitting feedback, emphasizing transparency in the regulatory process. Interested parties are encouraged to share their views within a specified timeframe.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The document outlines the process for acquiring bank control under the Change in Bank Control Act, which directly affects banking entities and potential owners. The public's ability to express views and the implications for applications to acquire shares have compliance requirements relevant to business executives and owners.