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The Federal Reserve System published a notice regarding companies planning to engage in permissible nonbanking activities. These activities are under section 4 of the Bank Holding Company Act and Regulation Y. The notice includes information on how the public can view the applications and submit comments. Specifically, it mentions that the Caisse Fédérale de Crédit Mutuel and its subsidiaries intend to engage in financial and investment advisory activities in the United States through their subsidiary, Transatlantique Private Wealth LLC.

The Federal Reserve System has announced that certain companies have indicated their plans, under the Bank Holding Company Act, to engage in nonbanking activities or to acquire nonbanking companies. These activities are permissible and related to banking, as outlined in Regulation Y. Public portions of these applications can be reviewed at the specified Federal Reserve Banks and comments from the public are encouraged, to be submitted by March 3, 2021. One noted application involves Hyperion Bancshares, Inc., aiming to acquire a mortgage company and engage in credit activities.

The Federal Reserve System announced that several companies have applied to either engage in new nonbanking activities or acquire companies involved in such activities, as permitted under the Bank Holding Company Act and Regulation Y. These activities can be carried out directly or through subsidiaries. The public can review the applications at designated Federal Reserve Banks or related online resources, and is invited to submit comments until February 18, 2021. An example of a company pursuing this is New Republic Partners, Inc. from North Carolina, which plans to start financial and investment advisory services through a wholly-owned subsidiary.

The Federal Reserve System has released a notice regarding certain companies planning to engage in or acquire companies involved in nonbanking activities, as permitted under the Bank Holding Company Act and Regulation Y. The activities are considered closely related to banking and will be conducted across the United States. The public can inspect the applications at certain Federal Reserve Banks or contact the Board's Freedom of Information Office for expedited requests. Comments from the public are invited and must be submitted by January 31, 2025, to the appropriate offices of the Federal Reserve System.

The Federal Reserve System has announced that several companies plan to engage in or acquire businesses involved in nonbanking activities, as outlined in Section 4 of the Bank Holding Company Act and Regulation Y. The public can review applications and submit comments about compliance with the Act’s standards until May 7, 2025. For example, Cypress Capital Group, Inc. in Palm Beach, Florida, is looking to start offering credit and loan services. Comments and inquiries can be directed to the Federal Reserve Bank offices or submitted electronically.

The Federal Reserve System has announced a notice regarding proposals by companies to engage in or acquire companies involved in nonbanking activities. According to the notice, these activities should relate to banking and be permissible under the Bank Holding Company Act and Regulation Y. Interested parties can inspect the public portions of the applications at designated Federal Reserve Banks or online. Comments regarding the applications must be submitted by May 16, 2025.

The Board of Governors of the Federal Reserve System has decided to extend the Domestic Branch Application (FR 4001) for another three years. This means that state member banks must continue to seek approval from the Federal Reserve before opening new branches, and they must notify the Federal Reserve by letter without using a specific form. The Board published a request for public comments on this extension and did not receive any feedback. The extension is happening without any changes to the current process.

The Export-Import Bank of the United States (EXIM) is seeking feedback from the public and other federal agencies regarding a proposed information collection effort. This effort aims to collect necessary information to monitor borrower's payments and alert EXIM of any defaults under its export credit insurance policies. The information will help the bank manage its portfolio effectively. Comments are invited until April 9, 2021, and can be submitted online or by mail.

The Export-Import Bank of the United States (EXIM) is seeking public comments on a proposed information collection to improve the process of financing U.S. exports. This proposal, which falls under the Paperwork Reduction Act of 1995, offers a form to assess the creditworthiness of foreign buyers, which helps EXIM make informed decisions on providing export credit insurance and financing. Interested parties have until June 9, 2025, to submit their comments. The form aims to streamline the export finance process by gathering essential credit information from entities involved in the export of U.S. goods and services.

The Department of the Treasury is planning to submit several information collection requests to the Office of Management and Budget (OMB) for review. These requests are related to financial crime regulations, such as reporting large cash transactions and anti-money laundering requirements for casinos. The public is encouraged to provide comments on these proposals by March 26, 2021. The document details different areas where the Treasury seeks to extend its data gathering efforts under existing regulations without making changes.