🏦Change in Bank Control Notices and Acquisitions Overview
The Federal Reserve System announces changes regarding the acquisition of shares in banks and bank holding companies, detailing public disclosure requirements and the application process for prospective owners. It invites comments from interested individuals and outlines the criteria for approvals under the Change in Bank Control Act, ensuring transparency and accountability in financial acquisitions.
Learn More🏦Regulatory Notice on Changes in Bank Control and Acquisitions
The Federal Reserve System has issued a notice concerning applications for acquiring shares of banks or bank holding companies under the Change in Bank Control Act. The notice outlines the factors considered in applications and provides instructions for submitting comments and viewing public filings related to these acquisitions.
Learn More🏦FDIC Notice of Termination of Receiverships for Multiple Banks
The Federal Deposit Insurance Corporation (FDIC) announces the termination of receiverships for several banks across various states, indicating successful liquidation of assets and completion of financial obligations. This marks the end of their operational existence as legal entities, with the FDIC authorized to execute necessary documents for the conclusion of these receiverships.
Learn More🏦FDIC Notice
The Federal Deposit Insurance Corporation (FDIC) has issued a notice of intent to terminate receiverships for several banks after asset liquidation. This decision follows the completion of necessary processes, allowing for final dividend payments to proven creditors. Interested parties have 30 days to comment on the terminations.
Learn More🏦Federal Reserve Board Approves Extension of Regulation H Disclosures
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision the Disclosure Requirements in Connection with Regulation H (Consumer Protection in Sales of Insurance) (FR H-7; OMB No. 7100-0298).
Learn More🏦Change in Bank Control Notices and Financial Implications
The Federal Reserve System issued a notice regarding applications for bank control changes involving share acquisitions. The notice outlines the public inspection process for filings, invites public comments, and specifies the regulations governing these actions under the Change in Bank Control Act.
Learn More📊Federal Reserve Approves Extension of Money Market Rates Report
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Report of Selected Money Market Rates (FR 2420; OMB No. 7100-0357).
Learn More🔒OCC Information Collection Renewal
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Computer-Security Incident Notification." The OCC also is giving notice that it has sent the collection to OMB for review.
Learn More🏦FDIC Proposed Collection Renewal
The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collections described below (OMB Control No. 3064-0072, -0093, -0111, -0136, and -0171).
Learn More⚖️Updates on Postal Service Civil Penalties Effective January 2025
This document updates postal regulations by implementing inflation adjustments to civil monetary penalties that may be imposed under consumer protection and mailability provisions enforced by the Postal Service pursuant to the Deceptive Mail Prevention and Enforcement Act and the Postal Accountability and Enhancement Act, as well as the civil monetary penalty that may be imposed by the Postal Service for false claims and statements under the Program Fraud Civil Remedies Act. These adjustments are required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This document includes the adjustments for 2025 for the statutory civil monetary penalties subject to the 2015 Act and all necessary updates authorized by the 2015 Act for regulatory civil monetary penalties.
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