🏦Notice on Bank Holding Companies' Formations and Mergers
The Federal Reserve System's notice details the processes for the formation, acquisition, and merger of bank holding companies under the Bank Holding Company Act. It outlines the necessary approvals, public commentary opportunities, and the significance of compliance with regulatory standards, ensuring transparency and public engagement in banking activities.
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The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning a combined information reporting by a successor business entity.
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