BN Business News
Add your company to Business Communicator →

Bankowość centralna · 21/12/2000

Federal Reserve Seeks Public Comment on Proposal to Expand Financial Data Processing Activities

The Federal Reserve Board is inviting public comment on a proposal to amend its Regulation Y, which would allow bank holding companies to engage in more nonfinancial data processing activities and permit financial holding companies to own companies involved in data storage, Internet hosting, and advisory services, as long as they provide financial data processing or other financial products and services.

Source: Federal Register — Federal ReserveOpen original release →