FED is inviting comments on a proposal to extend for three years, without revision, the reporting, recordkeeping, and disclosure requirements associated with Proprietary Trading and Certain Interests in and Relationships with Covered Funds (Regulation VV). Comments must be submitted by October 02, 2017.
The agency form number “FR VV” is associated with Regulation VV and the reporting frequency is said to be annual, monthly, quarterly and occasional. The respondents to the proposal include state member banks, bank holding companies, savings and loan holding companies, foreign banking organizations, U.S. State branches or agencies of foreign banks, and other holding companies that control an insured depository institution and any subsidiary of the foregoing other than a subsidiary, for which the OCC, FDIC, CFTC, or SEC is the primary financial regulatory agency.
Related Link: Federal Register Notice (PDF)
Comment Due Date: October 02, 2017
Keywords: Americas, United States of America, Banking, Dodd Frank Act, Reporting, Recordkeeping, Disclosure Requirements, Volcker Rule, Reg VV, FED
Previous ArticleIAIS Newsletter for September 2017
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.
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