Featured Product

    FED Consults on Revisions to the Reporting Form FR Y-9C

    January 02, 2018

    FED invites comment on a proposal to extend for three years, with revision, the mandatory Financial Statements for Holding Companies (FR Y-9). Comments must be submitted on or before March 05, 2018. FED proposed a number of revisions to the FR Y-9C requirements, most of which are consistent with proposed changes to the FFIEC Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031, FFIEC 041, and FFIEC 051).

    The proposed revisions to the FR Y-9C include deletions and consolidation of existing data items into new data items; reductions in reporting frequency from quarterly to semiannual and from quarterly to annual for certain data items on the FR Y-9C report; and new and revised reporting thresholds for certain data items. FED also proposed to make changes to the reporting forms and instructions for the FR Y-9C, FR Y-9LP, and FR Y-9SP, to implement accounting changes pertaining to equity securities under Accounting Standards update (ASU No. 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities”). The accounting changes pertaining to equity securities would be effective beginning with the reports reflecting the March 31, 2018 reporting date and from June 30, 2018 for all other changes.

    Among the FED information collections that have been under review, supplemental instructions for following reporting forms have been updated:

    • Consolidated Financial Statements for Holding Companies (FR Y-9C)
    • Supplement to the Consolidated Financial Statements for Bank Holding Companies (FR Y9-CS)
    • Parent Company Only Financial Statements for Large Holding Companies (FR Y-9LP)
    • Parent Company Only Financial Statements for Small Holding Companies (FR Y-9SP)
    • Financial Statements for Employee Stock Ownership Plan Holding Companies (FR Y-9ES)


    Related Links

    Comment Due Date: March 05, 2018

    Keywords: Americas, US, Banking, Reporting, Reporting Forms, Supplemental Instructions, FR Y-9C, FED

    Featured Experts
    Related Articles
    News

    PRA Amends Pillar 2 Capital Framework for Banks

    PRA published the policy statement PS2/20 that contains the final amendments to the Pillar 2 framework and provides feedback to responses to the consultation paper CP5/19 on updates related to Pillar 2 capital framework.

    January 23, 2020 WebPage Regulatory News
    News

    FED Proposes to Revise Information Collection Under Market Risk Rule

    FED proposed to revise and extend, for three years, FR 4201, which is the information collection under the market risk capital rule.

    January 22, 2020 WebPage Regulatory News
    News

    MAS Amends Notices on Minimum Liquid Asset Requirements for Banks

    MAS published amendments to Notices 1015, 613, and 649 related to the minimum liquid assets (MLA) requirements.

    January 21, 2020 WebPage Regulatory News
    News

    APRA Publishes Submission on Fintech and Regtech

    APRA published its submission, to the Senate Select Committee, on financial technology and regulatory technology.

    January 21, 2020 WebPage Regulatory News
    News

    ECB Consults on Guideline on Threshold for Credit Obligations Past Due

    ECB published a draft guideline, along with the frequently asked questions (FAQs), on the definition of the materiality threshold for credit obligations past due for less significant institutions.

    January 20, 2020 WebPage Regulatory News
    News

    BIS Discusses Role of Central Banks in Addressing Climate Change Risks

    BIS published a book that reviews ways of addressing the climate change risks within the financial stability mandate of central banks.

    January 19, 2020 WebPage Regulatory News
    News

    FSB Report Examines Global Nonbank Financial Intermediation Activity

    FSB published the ninth annual report examining the global non-bank financial intermediation activity.

    January 19, 2020 WebPage Regulatory News
    News

    OSFI Publishes Instruction Guide on Solvency Information Return

    OSFI published an instruction guide to assist administrators of pension plans in completing the Solvency Information Return that is required to be filed with OSFI.

    January 17, 2020 WebPage Regulatory News
    News

    EU Amends IFRS 9 Rule, Changes Concern Interest Rate Benchmark Reforms

    EU published Regulation 2020/34 regarding the International Accounting Standard (IAS) 39 and International Financial Reporting Standards (IFRS) 7 and 9.

    January 16, 2020 WebPage Regulatory News
    News

    FDIC and OCC Issue Statement on Heightened Cyber Security Risk

    In response to the heightened cyber-security risk facing the financial services industry and other critical business sectors, FDIC and OCC issued an interagency statement on heightened cyber-security risk.

    January 16, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 4515