In a comment letter to the FDIC today, the American Bankers Association offered its full support for a recent proposal that would rescind Part 350 from the Code of Federal Regulations.

The financial regulatory agencies today proposed changes that would expand the number of banks eligible to file a more streamlined version of the Call Report, as directed by S. 2155, the new regulatory reform law.

In addition to outlining their approach to company-run stress testing and enhanced prudential standards in light of the new regulatory reform law, the agencies today also announced how they intend to approach the implementation of several other provisions of S. 2155.

The federal banking agencies today finalized additional technical revisions to the Call Report, which will take effect June 30, 2018.

Banks with defined benefit pension plans will need to make previously unanticipated changes in first quarter Call Reports, according to banking regulators. 

In a comment letter to the Federal Reserve yesterday, the American Bankers Association expressed support for the Federal Reserve’s ongoing effort to better align the reports that bank holding companies, savings and loan holding companies, U.S. intermediate holding companies and securities holding companies are required to file with the FFIEC Call Report.

In a comment letter today, ABA welcomed the banking agencies’ most recent proposal to revise and streamline the Call Report and offered additional recommendations for improvements.

The federal regulatory agencies today announced that they will move forward with several proposed revisions to the Call Report for which the American Bankers Association has long advocated.

The federal banking agencies are inviting public comments on additional technical revisions to the Call Report, which will take effect June 30, 2018.

The American Bankers Association today responded to the regulatory agencies’ request for comment on further revisions to the Call Report that would simplify the report for banks by removing or consolidating a number of existing data items, reducing the reporting frequency for other data items and increasing certain reporting thresholds.