- within Wealth Management and Intellectual Property topic(s)
The Board of Governors of the Federal Reserve System (Board) has finalized revisions to its approach for determining whether one company has control over another for purposes of the US Bank Holding Company Act of 1956 and the Home Owners' Loan Act, as amended. While in many respects the revisions incorporate a more transparent and predictable framework for interpreting controlling influence issues into the Board's regulations, they also introduce new concepts and raise critical questions about how the Board will implement the approach in practice.
To read this complete article visit Listen.
Visit us at mayerbrown.com
Mayer Brown is a global legal services provider comprising legal practices that are separate entities (the "Mayer Brown Practices"). The Mayer Brown Practices are: Mayer Brown LLP and Mayer Brown Europe – Brussels LLP, both limited liability partnerships established in Illinois USA; Mayer Brown International LLP, a limited liability partnership incorporated in England and Wales (authorized and regulated by the Solicitors Regulation Authority and registered in England and Wales number OC 303359); Mayer Brown, a SELAS established in France; Mayer Brown JSM, a Hong Kong partnership and its associated entities in Asia; and Tauil & Chequer Advogados, a Brazilian law partnership with which Mayer Brown is associated. "Mayer Brown" and the Mayer Brown logo are the trademarks of the Mayer Brown Practices in their respective jurisdictions.
© Copyright 2020. The Mayer Brown Practices. All rights reserved.
This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.
[View Source]