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A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. [1] A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group .
A bank holding company is faced with the costs of meeting the accounting, record-keeping and reporting requirements imposed by the Board of Governors of the Federal Reserve. Other regulatory costs
Under the United States Bank Holding Company Act, financial and bank holding companies are regulated by the US Federal Reserve. [1] Companies whose elections to be treated as financial holding companies are effective include:
In the United States, a bank holding company, as provided by the Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), is broadly defined as "any company that has control over a bank". [2] All bank holding companies in the US are required to register with the Board of Governors of the Federal Reserve System .
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The indirect holding system (also multi-tiered holding system) is a system of securities clearance, settlement and ownership system where ownership information is held electronically as a book entry. It consists of one or more tiers of intermediaries between issuer and investor.
This category for holding companies or parent companies based in South Korea. Pages in category "Holding companies of South Korea"
The International Holding Company (IHC) is a holding company headquartered in Abu Dhabi, United Arab Emirates, which manages a diversified portfolio of domestic and foreign investments. [ 2 ] [ 3 ] The conglomerate is said to have close ties to the Abu Dhabi ruling dynasty .