FED published the updated form and supplemental instructions for FR Y-9C reporting, with effect from September 2019. Also updated were the supplemental instructions for forms FR Y-9LP and FR Y-9SP. The reporting frequency for FR Y-9C is quarterly.
The 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 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. Each holding company that files the FR Y-9C must submit the FR Y-9LP for its parent company. FR Y-9C is required to be submitted as of March 31, June 30, September 30, and December 31. The submission date for holding companies is 40 calendar days after the March 31, June 30, and September 30 as of dates, unless that day falls on a weekend or holiday (subject to timely filing provisions). The submission date for holding companies is 45 calendar days after the December 31 as of date.
Keywords: Americas, US, Banking, Reporting, FR Y-9C, FED
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