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    FED Updates the Draft Reporting Form FR Y-9C for Banks

    July 03, 2018

    Among the FED information collections that have been under review, FED posted the updated draft reporting form FR Y-9C, which is the report on consolidated financial statements for holding companies.

    FR Y-9C report collects basic financial data from a domestic bank holding company, a savings and loan holding company, a U.S intermediate holding company, and a securities holding company on a consolidated basis. The data are collected in the form of a balance sheet, an income statement, and detailed supporting schedules, including a schedule of off balance-sheet items. The information is used to assess and monitor the financial condition of holding company organizations, which may include parent, bank, and nonbank entities.

     

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    Keywords: Americas, US, Banking, Accounting, FR Y-9C, Reporting, FED

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