25 Sep 2025
🏦Change in Bank Control Notice - Federal Reserve Advisory
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve System announces changes regarding bank control notices. It details requirements for acquiring shares in a bank or bank holding company under the Change in Bank Control Act. Interested parties can submit comments on applications, which are subject to public disclosure, emphasizing the importance of transparency in banking control transitions.
Agencies
- Federal Reserve System
Business Impact
$$$ - High
The content involves compliance and regulatory requirements for bank control changes, which are relevant for executives in banking and financial sectors. This requires attention due to the potential impacts on ownership structures and voting control of banks.