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.
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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.
The Federal Reserve is seeking comments on a proposal to revise the FR-Y9 report that bank holding companies with more than $1 billion in assets are required to file.
The federal regulatory agencies are inviting public comments on additional revisions to the Call Report, which will take effect March 31, 2018.
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) today released the latest legislative text of his Financial Choice Act, a 600-page bill aimed at rolling back and reforming parts of the Dodd-Frank Act’s extensive supervisory regime, as well as providing regulatory relief for banks of all sizes.
The federal banking agencies today released a 440-page report to Congress that highlights some of the significant regulatory burdens facing America’s banking industry.
Speaking at a legal event in Washington, D.C., today, Federal Reserve General Counsel Scott Alvarez outlined several issues the agency will focus on in 2017, including certain regulatory relief measures and the entrance of nonbank fintech companies into the Federal Reserve System.