# Bank Holding Companies and Change in Bank Control
> **US Federal Reserve System** · Interim rule; correction. · Published 2000-03-28 · Effective 2000-03-15 · 65 FR 16302
## Document
- **Document number:** 00-7432
- **Category:** other
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 65 FR 16302
- **CFR reference:** 12 CFR 225
- **Publication date:** 2000-03-28
- **Effective date:** 2000-03-15
- **Docket:** Regulation Y
## Abstract

This document corrects the preamble to an interim rule published in the Federal Register of March 21, 2000, regarding procedures for bank holding companies and foreign banks to elect to be treated as financial holding companies. This correction clarifies that depository institution subsidiaries of foreign banks electing financial holding company status must meet the same requirements as depository institution subsidiaries of bank holding companies electing financial holding company status.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2000/03/28/00-7432/bank-holding-companies-and-change-in-bank-control)
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