A practical, how-to guide on the day-to-day compliance responsibilities faced by bank holding company and financial holding company compliance officers. This unique resource covers topics such as:

• Forming a bank holding company
• Expanding a bank holding company through acquisition
• Determining the extent of permissible activities for BHCs and FHCs
• Resolving limitations on transactions with affiliates and with management officials
• Understanding capital requirements

Designed to assist in developing and maintaining operating manuals, particularly with respect to permissible activities and limitations on transactions with affiliates and management officials. Functions as an auditing guide for ongoing compliance with respect to these activities and limitations.

Includes requirements of the financial services modernization legislation, along with other recent legislation and related regulations. Instructions and sample forms for Federal Reserve Reports, applications and notices, practice hints and examples are all included.

First published in 1986.

2 volumes; updated with revisions.