30 Jul 2025
📊Notice on Proposals for Nonbanking Activities by Federal Reserve
Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
Summary
The Federal Reserve issued a notice detailing proposals that allow bank holding companies to engage in or acquire companies involved in permissible nonbanking activities. The notice outlines procedures for public comment and compliance with the Bank Holding Company Act, emphasizing transparency in the regulatory review process.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The notice discusses proposed mergers and acquisitions involving companies that engage in nonbanking activities permitted under the Bank Holding Company Act, which creates regulatory compliance requirements for business owners and executives. This could imply new market opportunities or challenges depending on the nature of the nonbanking activities.