30 Jun 2025
🏦Federal Reserve Proposes New Nonbanking Activities for Companies
Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
Summary
The Federal Reserve System has issued a notice regarding proposals from companies to engage in permissible nonbanking activities under the Bank Holding Company Act. This includes potential expansions and acquisitions that could significantly influence operational capabilities and compliance requirements for business owners in the financial services sector.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
This notice details proposals for companies seeking to engage in nonbanking activities, which may affect business owners in terms of compliance with the Bank Holding Company Act. Interested parties can comment on these proposals, impacting operational decisions and regulatory strategies.