Notice 14 Feb 2025 financial services, nonbanking activities, compliance, wafd, federal reserve, bank holding company act, regulation y

🏦Notice of Nonbanking Activity Proposals by Federal Reserve

The Federal Reserve System has issued a notice regarding companies seeking to engage in permissible nonbanking activities under the Bank Holding Company Act. The notice provides information on public comments about these proposals and details specific activities that companies, such as WaFd, Inc., intend to pursue as they expand their services.

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Regulatory Compliance, Business Strategy 16 Jan 2025 nonbanking activities, regulation y, banking, federal reserve, business compliance