Among the FED information collections that have been under review, FED posted the final OMB supporting statement for the FR Y-9 family of reports on financial statements for holding companies. The FR Y-9 family of reports includes the reporting form FR Y-9C on the consolidated financial statements for holding companies. FED, under the delegated authority from OMB, has extended for three years, with revision, the form FR Y-9C. The revisions would be effective beginning with the reports reflecting the June 30, 2018 reporting date.
FED has adopted a number of revisions to the FR Y-9C, which are consistent with proposed changes to the FFIEC 031, FFIEC 041, and FFIEC 051 Call Reports. The revisions to the FR Y-9C include deleting certain data items, consolidating existing data items into new data items, and adding new, or raising existing, reporting thresholds for certain data items.
Keywords: Americas, US, Banking, Accounting, Reporting, FR Y-9C, Dodd Frank Act, FED
ECB published a decision allowing the euro area banks under its direct supervision to exclude certain central bank exposures from the leverage ratio.
ESAs launched a survey seeking feedback on the presentational aspects of product templates under the Sustainable Finance Disclosure Regulation (SFDR or Regulation 2019/2088).
ECB published input of the European System of Central Banks (ESCB) into the EBA feasibility report on reducing the reporting burden for banks in EU.
ECB finalized the guide on assessment methodology for the internal model method for calculating exposure to counterparty credit risk (CCR) and the advanced method for own funds requirements for credit valuation adjustment (A-CVA) risk.
EBA published an Opinion addressed to EC to raise awareness about the opportunity to clarify certain issues related to the definition of credit institution in the upcoming review of the Capital Requirements Directive and Regulation (CRD and CRR).
APRA is consulting on updates to ARS 210.0, the reporting standard that sets out requirements for provision of information on liquidity and funding of an authorized deposit-taking institution.
FED released hypothetical scenarios for a second round of stress tests for banks.
FED is proposing to temporarily revise the capital assessments and stress testing reports (FR Y-14A/Q/M) to implement the changes necessary to conduct stressed analysis in connection with the re-submission of capital plans, using data as of June 30, 2020.
FED adopted a proposal to extend for three years, with revision, the information collection under the market risk capital rule (FR 4201; OMB No. 7100-0314).
EBA published a voluntary online survey seeking input from credit institutions on their practices and future plans for Pillar 3 disclosures on the environmental, social, and governance (ESG) risks.