8 Aug 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 announced changes regarding bank control notices and acquisitions of shares by notifying interested parties of the application process under the Change in Bank Control Act. Interested individuals can submit comments on the applications, which will be publicly disclosed. The notice provides insight into compliance standards and factors considered in the approval process.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The content is related to regulatory compliance requirements for bank control acquisitions under the Change in Bank Control Act. Business owners and executives in the banking sector must address these regulations to maintain compliance and may impact financial decisions regarding share acquisitions.