ABA Banking Journal
The federal banking agencies are inviting public comments on additional technical revisions to the Call Report, which will take effect June 30, 2018. The revisions — which are part of the agencies’ ongoing effort to reduce Call Report burden on banks — will remove or consolidate several data items and add or raise certain existing reporting thresholds in three versions of the Call Report.
The American Bankers Association has been heavily involved in the Call Report revision process, which the agencies initiated in response to ABA comments submitted through the Economic Growth and Regulatory Paperwork Reduction Act process. The association will comment on the proposal and will continue to work constructively with regulators as they pursue further changes.
