Featured Product

    FED Proposes to Extend FR 3052 on Supervisory and Regulatory Survey

    August 28, 2018

    FED is inviting comments on a proposal to extend for three years, without revision, the Supervisory and Regulatory Survey (FR 3052; OMB No. 7100-0322). FR 3052 collects information from financial institutions specifically tailored to the supervisory, regulatory, and operational responsibilities of FED. Examples of past surveys include collected information related to regulatory capital, operational risk loss event history, and transactions by securities dealers. The frequency and content of the questions depend on changing economic, regulatory, supervisory, or legislative developments. Comments must be submitted on or before October 29, 2018.

    The surveys would be conducted on a voluntary basis. The questions asked on each survey would vary, so the ability of FED to maintain the confidentiality of information collected would be determined on a case-by-case basis. Before conducting a survey, FED reviews any information to be collected to determine if the information is available by other means. Estimated number of respondents for this information collection is 5,000. Respondents include bank holding companies, state member banks, savings and loan holding companies, intermediate holding companies, U.S branches and agencies of foreign banking organizations (FBOs), edge and agreement corporations, nonbank financial companies that FSOC has determined should be supervised by FED, or the combined domestic operations of FBOs. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the Board should modify the proposal prior to giving final approval. Comments are invited on the following:

    • Whether the proposed collection of information is necessary for the proper performance of the Board's functions; including whether the information has practical utility
    • The accuracy of the FED estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used
    • Ways to enhance the quality, utility, and clarity of the information to be collected
    • Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology
    • Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information

     

    Related Links

    Comment Due Date: October 29, 2018

    Keywords: Americas, US, Banking, FR 3052, Reporting, Supervisory and Regulatory Survey, FED

    Featured Experts
    Related Articles
    News

    EBA Publishes Phase 2 of Technical Package on Reporting Framework 2.10

    EBA published phase 2 of the technical package on the reporting framework 2.10, providing the technical tools and specifications for implementation of EBA reporting requirements.

    July 10, 2020 WebPage Regulatory News
    News

    FASB Proposes to Delay Implementation of Insurance Contracts Standard

    FASB issued a proposed Accounting Standards Update that would grant insurance companies, adversely affected by the COVID-19 pandemic, an additional year to implement the Accounting Standards Update No. 2018-12 on targeted improvements to accounting for long-duration insurance contracts, or LDTI (Topic 944).

    July 09, 2020 WebPage Regulatory News
    News

    APRA Updates Regulatory Approach to Loan Deferrals Amid COVID Crisis

    APRA updated the regulatory approach for loans subject to repayment deferrals amid the COVID-19 crisis.

    July 09, 2020 WebPage Regulatory News
    News

    BCBS and FSB Set Out Recommendations for Benchmark Transition

    BCBS and FSB published a report on supervisory issues associated with benchmark transition.

    July 09, 2020 WebPage Regulatory News
    News

    IAIS Sets Out Recommendations for Benchmark Transition for Insurers

    IAIS published a report on supervisory issues associated with benchmark transition from an insurance perspective.

    July 09, 2020 WebPage Regulatory News
    News

    ESMA Updates Reporting Manual on European Single Electronic Format

    ESMA updated the reporting manual on the European Single Electronic Format (ESEF).

    July 09, 2020 WebPage Regulatory News
    News

    EBA Calls on Resolution Authorities to Consider Impact of COVID Crisis

    EBA published a statement on resolution planning in light of the COVID-19 pandemic.

    July 09, 2020 WebPage Regulatory News
    News

    BCBS Finalizes Revisions to Credit Valuation Adjustment Risk Framework

    BCBS Finalizes Revisions to Credit Valuation Adjustment Risk Framework

    July 08, 2020 WebPage Regulatory News
    News

    ECB Guideline on Materiality Threshold for Credit Obligations Past Due

    ECB published a guideline (2020/97), in the Official Journal of European Union, on the definition of materiality threshold for credit obligations past due for less significant institutions.

    July 08, 2020 WebPage Regulatory News
    News

    FED Temporarily Revises FR Y-14 With Respect to PPP and CARES Act

    FED temporarily revised the capital assessments and stress testing reports (FR Y-14A/Q/M) to implement the changes in response to the COVID-19 pandemic.

    July 08, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 5458