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    FED Revises Complex Institution Liquidity Monitoring Report for Banks

    December 01, 2021

    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

     

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    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

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