FED Revises Complex Institution Liquidity Monitoring Report for Banks
The Board of Governors of the Federal Reserve System (FED) is adopting a proposal to revise and extend for three years the Complex Institution Liquidity Monitoring Report (FR 2052a) for banks. The revisions will be effective for banking organizations subject to Category I standards, from May 01, 2022, and for banking organizations subject to Category II-IV standards, from October 01, 2022. FED also published the reporting instructions and associated appendices, along with the supporting statement for FR 2052a.
The FR 2052a collects quantitative information on select assets, liabilities, funding activities, and contingent liabilities of certain large banking organizations with USD 100 billion or more in total consolidated assets supervised by FED on a consolidated basis. FED uses this information to monitor the liquidity profile of these banking organizations. FED had published, in March 2021, a proposal to extend and revised this reporting form and the associated instructions to accurately reflect the net stable funding ratio (NSFR) final rule and to capture other data elements necessary to monitor banking organizations' liquidity positions and compliance with Liquidity Risk Measurement Standards. The consultation ended on May 28, 2021, with FED having received six comments on the proposal. Post consultation, FED has revised the FR 2052a form by changing the definition of the term “transactional accounts” to include a subset of transaction accounts recently added to the definition of “transaction accounts” under the Regulation D on reserve requirements of depository institutions. In addition, FED adopted certain minor clarifications and conforming edits to the form and instructions to address industry inquiries while also revising the form to collect information and data related to the requirements of the NSFR final rule by
- Adding certain new data field definitions and data categories
- Reclassifying certain existing data categories
- Adding clarifying language to parts of the instructions and streamlining certain existing language in the instructions
Related Links
- Federal Register Notice
- Reporting Instructions (PDF)
- Appendix: NSFR to FR 2052a Mapping (PDF)
- Appendix: LCR to FR 2052a Mapping (PDF)
- Supporting Statement (PDF)
- Reporting Form Updates
Effective Date: May 01, 2022 (Category I banks)/October 01, 2022 (Category II-IV banks)
Keywords: Americas, US, Banking, FR 2052a, Liquidity Monitoring, NSFR, Reporting, LCR, Liquidity Risk, Basel, FSB
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Karen Moss
Senior practitioner in asset and liability management (ALM) and liquidity risk who assists banking clients in advancing their treasury and balance sheet management objectives
Previous Article
SRB Publishes Resolution Planning Booklet and MREL DashboardRelated Articles
EBA Clarifies Use of COVID-19-Impacted Data for IRB Credit Risk Models
The European Banking Authority (EBA) published four draft principles to support supervisory efforts in assessing the representativeness of COVID-19-impacted data for banks using the internal ratings based (IRB) credit risk models.
EP Reaches Agreement on Corporate Sustainability Reporting Directive
The European Council and the European Parliament (EP) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD).
PRA Consults on Model Risk Management Principles for Banks
The Prudential Regulation Authority (PRA) launched a consultation (CP6/22) that sets out proposal for a new Supervisory Statement on expectations for management of model risk by banks.
EC Regulation Amends Standards for Calculating Credit Risk Adjustments
The European Commission (EC) published the Delegated Regulation 2022/954, which amends regulatory technical standards on specification of the calculation of specific and general credit risk adjustments.
BIS Hub Updates Work Program for 2022, Announces New Projects
The Bank for International Settlements (BIS) Innovation Hub updated its work program, announcing a set of projects across various centers.
EIOPA Issues Cyber Underwriting Proposal, Statement on Open Insurance
The European Insurance and Occupational Pensions Authority (EIOPA) published two consultation papers—one on the supervisory statement on exclusions related to systemic events and the other on the supervisory statement on the management of non-affirmative cyber exposures.
US Senate Members Seek Details on SEC Proposed Climate Disclosure Rule
Certain members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs issued a letter to the Securities and Exchange Commission (SEC)
EIOPA Consults on Review of Securitization Framework in Solvency II
The European Insurance and Occupational Pensions Authority (EIOPA) published a consultation paper on the advice on the review of the securitization prudential framework in Solvency II.
UK Authorities Issue Regulatory and Reporting Updates for Banks
The Prudential Regulation Authority (PRA) issued a statement on PRA buffer adjustment while the Bank of England (BoE) published a notice on the statistical reporting requirements for banks.
BCBS Issues Climate Risk Principles while HKMA Expresses Its Support
The Basel Committee on Banking Supervision (BCBS) issued principles for the effective management and supervision of climate-related financial risks.
