SR 14-2 / CA 14-1 Enhancing Transparency in the Federal Reserve’s Application Process

Author(s): Federal Reserve Bank of San Francisco

On February 24, 2014, the Federal Reserve issued SR letter 14-2/CA letter 14-1, Enhancing Transparency in the Federal Reserve’s Applications Process. This guidance provides financial institutions and the public with a better understanding of the Federal Reserve’s approach to filings that do not satisfy statutory requirements for approval of the proposed transaction or possibly raise supervisory or regulatory concerns.