Notice
23 May 2025
federal reserve, regulation y, oregon, nonbanking activities, bank holding company act, trust company functions
🏦Federal Reserve Notice on Nonbanking Activity Proposals Impact
The Federal Reserve's notice corrects details on proposals for companies to engage in nonbanking activities, including trust company functions and data processing. Companies may seek to acquire additional interests in relevant firms, adhering to regulations that govern such activities for bank holding companies. The comment period for stakeholder feedback is open until May 27, 2025.
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