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Regulatory Information
2003_register
executive
2010-09-23
article
Anti-Tying Restrictions of Section 106 of the Bank Holding Company Act Amendments of 1970
Notices
D09002ee1bdeb9f11
D09002ee1bdeb9f95
United States
Federal Reserve System
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United States Government Agency or Subagency
The Board proposes to adopt an interpretation of the anti- tying restrictions of section 106 of the Bank Holding Company Act Amendments of 1970 and related supervisory guidance. The interpretation describes the scope and purposes of section 106, the elements of a tying arrangement prohibited by section 106, and the statutory and regulatory exceptions to the prohibitions of section 106. The interpretation also includes examples of the types of conduct, actions and arrangements by banks that are prohibited and permissible under section 106. The Board believes that adoption of the interpretation will assist banks and their customers in understanding the scope of the anti-tying restrictions of the statute. The related supervisory guidance discusses the types of internal controls that should help banks comply with section 106. The proposed interpretation and guidance reflect the principles that the Board will apply in enforcing section 106 and conducting anti-tying reviews at banking organizations.
68 FR 52024
https://www.govinfo.gov/app/details/FR-2003-08-29/03-22091
03-22091
fr29au03-61
6210-02-P
Docket No. OP-1158
https://www.govinfo.gov/app/details/FR-2003-08-29/03-22091
https://www.govinfo.gov/content/pkg/FR-2003-08-29/html/03-22091.htm
https://www.govinfo.gov/content/pkg/FR-2003-08-29/pdf/03-22091.pdf
12 p.
52024
52035
68 FR 52024
Anti-Tying Restrictions of Section 106 of the Bank Holding Company Act Amendments of 1970; Federal Register Vol. 68, Issue
NOTICE
03-22091
FEDERAL RESERVE SYSTEM
2003-09-30
Docket No. OP-1158
6210-02-P
03-22091
Proposed interpretation and supervisory guidance with request for public comment.
The Board proposes to adopt an interpretation of the anti- tying restrictions of section 106 of the Bank Holding Company Act Amendments of 1970 and related supervisory guidance. The interpretation describes the scope and purposes of section 106, the elements of a tying arrangement prohibited by section 106, and the statutory and regulatory exceptions to the prohibitions of section 106. The interpretation also includes examples of the types of conduct, actions and arrangements by banks that are prohibited and permissible under section 106. The Board believes that adoption of the interpretation will assist banks and their customers in understanding the scope of the anti-tying restrictions of the statute. The related supervisory guidance discusses the types of internal controls that should help banks comply with section 106. The proposed interpretation and guidance reflect the principles that the Board will apply in enforcing section 106 and conducting anti-tying reviews at banking organizations.
Comments must be received on or before September 30, 2003.
Scott G. Alvarez, Associate General Counsel (202-452-3583), Kieran J. Fallon, Senior Counsel (202-452- 5270), Mark E. Van Der Weide, Counsel (202-452-2263), or Andrew S. Baer, Counsel (202-452-2246), Legal Division; or Michael G. Martinson, Associate Director (202-452-3640), or Michael J. Schoenfeld, Senior Supervisory Financial Analyst (202-452-2836), Division of Banking Supervision and Regulation; Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW., Washington, DC 20551. For users of Telecommunications Device for the Deaf (TDD) only, contact 202-263-4869.
Bank Holding Company Act Amendments of 1970:
Anti-tying restrictions; intrepretation and supervisory guidance; comment request,
regs.comments@federalreserve.gov
Federal Register
Vol. 68, no. 168
Office of the Federal Register, National Archives and Records Administration
2003-08-29
continuing
daily
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born digital
218 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2003-08-29
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0042-1219
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https://www.govinfo.gov/app/details/FR-2003-08-29
https://www.govinfo.gov/content/pkg/FR-2003-08-29/pdf/FR-2003-08-29.pdf
https://www.govinfo.gov/content/pkg/FR-2003-08-29/xml/FR-2003-08-29.xml
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2010-09-23
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FR-2003-08-29
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FR
FR-2003-08-29
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