For immediate release |
The Federal Reserve Board announced today the start of a new weekly publication that lists applications and notices, together with the deadline for comment, that have been filed under the Bank Holding Company Act or the Change in Bank Control Act.
The new publication is available in three forms:
In its recent revision of Regulation Y, the Board announced that it would take steps to improve the effectiveness and timeliness of public notices of merger and acquisition proposals. The new publication, numbered H.2A, lists applications and notices alphabetically by applicant together with the appropriate Federal Reserve Bank where comments may be filed, and who to contact to receive the public portion of the application. Posting of the publication on the Board's Home Page allows a user to search for a notice by the applicant's name, acquiree's name or activity, section of law, or by Reserve Bank. The information will be updated at least every three business days. The H.2, which lists actions taken by the Board on applications plus applications received and Community Reinvestment activities, will continue to be published. |