Notice published by Federal Reserve System on Jan. 13

The US Federal Reserve System published a one page notice on Jan. 13, according to the U.S. Government Publishing Office.

The notice is focused on The Royal Bank of Canada; Notice of Application to Engage de novo in Permissible Nonbanking Activities.

The Federal Reserve is the US's central bank, expanding many times during great financial uncertainty and panic. It has faced numerous criticisms since its creation in 1913, such as making the Great Depression worse and for lacking transparency and audits.

Notices are required documents detailing rules and regulations being proposed by each federal department. This allows the public to see what issues legislators and federal departments are focusing on.

Any person or organization can comment on the proposed rules. Departments and agencies must then address “significant issues raised in comments and discuss any changes made,” the Federal Register says.

Notices published by the Federal Reserve System on Jan. 13

Title
National Westminster Bank PLC.; Acquisitions of Companies Engaged in Permissible Nonbanking Activities
Report to Congressional Committees Regarding Differences in Capital and Accounting Standards Among the Federal Banking and Thrift Agencies
James A. Redding, et al.; Change in Bank Control Notices; Acquisitions of Shares of Banks or Bank Holding Companies
The Royal Bank of Canada; Notice of Application to Engage de novo in Permissible Nonbanking Activities