Search Results for citation:"86 FR 8909"

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Search Results: citation:"86 FR 8909"

  • Type:Notice
    Citation:86 FR 8909
    Reading Time:about a minute or two

    The Federal Reserve System has issued a notice mentioning companies that want to start or acquire nonbanking businesses related to banking, as allowed by the Bank Holding Company Act. These activities will take place across the United States, and the applications are open for public inspection. People can submit their opinions in writing about whether these proposals meet legal standards by February 25, 2021. One specific case mentioned is the McIntosh County Bank Holding Company seeking to retain shares in AccuData Services and engage in data processing activities.

    Simple Explanation

    The Federal Reserve wants to let people know that some companies plan to start or buy other companies that do things related to banking but aren't banks, like handling data. People can say what they think about this by writing to them by February 25, 2021.

  • Type:Notice
    Citation:86 FR 8909
    Reading Time:about a minute or two

    The Federal Maritime Commission announced the filing of several agreements under the Shipping Act of 1984. These include the THE Alliance/Evergreen Vessel Sharing Agreement, the Hapag-Lloyd/Maersk Slot Exchange Agreement, and the Maersk/Zim Gulf-ECSA Space Charter Agreement. Each agreement involves various shipping companies collaborating to either share vessel space or update terms such as the name of a party or the space exchanged. Interested parties are invited to submit comments within 12 days of the notice's appearance in the Federal Register.

    Simple Explanation

    The Federal Maritime Commission said that some shipping companies are agreeing to share their big boats or change certain details of their agreements, and they want people to send in their thoughts or ideas about these changes.