Federal Register #2026-08248

Notice of proposals for nonbanking activities under the Bank Holding Company Act

This notice from the Federal Reserve System concerns proposals by companies to engage in or acquire companies involved in permissible nonbanking activities under the Bank Holding Company Act. - Government Buyer: - Federal Reserve System - Board of Governors of the Federal Reserve System - Federal Reserve Bank of Chicago - No OEMs, vendors, or specific products/services are mentioned - Activities covered: - Proposals to engage in or acquire companies involved in nonbanking activities closely related to banking - Activities must be permissible under section 4 of the Bank Holding Company Act and Regulation Y - Public invited to comment on compliance with section 4 standards - Applications and related filings can be inspected at the Federal Reserve Bank of Chicago and the Board of Governors in Washington, DC - No procurement of goods or services is described in this notice

Description

This notice announces proposals by companies to engage in or acquire companies involved in permissible nonbanking activities as defined under the Bank Holding Company Act and Regulation Y. The activities are either directly conducted or through subsidiaries and are considered closely related to banking and permissible for bank holding companies. The notice invites public comments on whether the proposals comply with the standards of section 4 of the Bank Holding Company Act. Comments must be received by May 13, 2026, and are subject to public disclosure.

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