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#974210 - 06/12/08 07:14 PM BHC Audit
Hi Offline
Member
Joined: Jun 2003
Posts: 54
I am performing a bank holding company audit. Where can I find laws, regulations regarding approval & reporting requirements for BHC stock dividends and retiring of stock? I have not been able to determine when shareholder approval is required and when FRB approval/reporting is required. Can anyone shed some light on this? I am in the state of Arkansas.

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Audit
#974322 - 06/12/08 08:54 PM Re: BHC Audit Hi
transplant Offline
Junior Member
Joined: Sep 2007
Posts: 36
Regulation Y implements the Bank Holding Company Act, so you definately want to look there. Reporting instructions for the Y9C, LP, SP, etc can be found on the Fed's website and should help you to determine what should be reported when. At least these are a couple of places to start...Hope this helps!

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