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

    BoE Clarifies Approach to Treatment of Payment Holidays on Form PL

    BoE published a statistical notice (Notice 2020/9) explaining the approach for treatment of payment holidays on the profit and loss return or Form PL.

    August 11, 2020 WebPage Regulatory News
    News

    BoE Provides Reporting Update on Form AS and Form FV

    BoE updated the known issues document for the statistical reporting Forms AS and FV.

    August 10, 2020 WebPage Regulatory News
    News

    FED Announces Capital Requirements for Large Banks

    FED announced individual capital requirements for 34 large banks and these requirements go into effect on October 01, 2020.

    August 10, 2020 WebPage Regulatory News
    News

    SRB Publishes Guidance on Implementation of Bail-In Tool

    SRB published a set of documents to give operational guidance to banks on implementation of the bail-in tool.

    August 10, 2020 WebPage Regulatory News
    News

    BIS Publishes Update on G20 TechSprint Initiative

    BIS published an update on the G20 TechSprint Initiative, which was launched in April 2020 and aims to highlight the potential for technologies to resolve regulatory compliance (regtech) and supervisory (suptech) challenges.

    August 10, 2020 WebPage Regulatory News
    News

    OSFI Provides Update on Implementation of IFRS 17 in Canada

    OSFI published a letter that provides an update on the milestones for the implementation of the IFRS 17 standard on insurance contracts.

    August 07, 2020 WebPage Regulatory News
    News

    EBA Provides Clarity on Implementation of Guidance on COVID Reporting

    EBA updated the report on the implementation of selected COVID-19 policies.

    August 07, 2020 WebPage Regulatory News
    News

    FSI Note Discusses Challenges Associated with COVID Relief Measures

    The Financial Stability Institute (FSI) of BIS published a brief note that examines the supervisory challenges associated with certain temporary regulatory relief measures introduced by BCBS and prudential authorities in response to the COVID-19 pandemic.

    August 06, 2020 WebPage Regulatory News
    News

    BCBS Consults on Principles for Operational Risk and Resilience

    BCBS is consulting on the principles for operational resilience and the revisions to the principles for sound management of operational risk for banks.

    August 06, 2020 WebPage Regulatory News
    News

    BoE Updates Template and Definitions for Form ER

    BoE updated the reporting template for Form ER as well as the Form ER definitions, which contain guidance on the methodology to be used in calculating annualized interest rates.

    August 05, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 5649