Reduced Reporting for Covered Depository Institutions
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Reduced Reporting for Covered Depository Institutions

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Details:

  • Publisher's site:
  • Description:
    On November 19, 2018, the federal banking agencies published the attached Notice of Proposed Rulemaking (NPR) that would implement Section 205 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act) by: (1) expanding the eligibility to file the agencies' most streamlined report of condition, the FFIEC 051 Call Report, to include certain insured depository institutions with less than $5 billion in total consolidated assets that meet other criteria; and (2) establishing the FFIEC 051 Call Report as the version of the Call Report that provides reduced reporting for the first and third calendar quarters of a year. The agencies also are proposing to reduce the amount of data required to be reported in the FFIEC 051 Call Report for the first and third calendar quarters and make other related changes to this Call Report.
  • Content Notes:
    See FIL-74-2018, for 11/19/2018, Reduced Reporting in Call Reports for Covered Depository Institutions
  • Subject:
  • Format:
  • Release Date:
    11/20/2018
  • Update Date:
    11/20/2018
  • Withdrawn Date:
    01/21/2020
  • Agencies Involved:
    Federal Deposit Insurance Corporation (FDIC)
  • Fdic Employee Involved:
    Robert Storch;Nefretete Smith;Kathryn Marks;
  • Law Involved:
    Economic Growth, Regulatory Relief, and Consumer Protection Act;Federal Deposit Insurance Act;
  • Comment Period End Date:
    01/18/2019
  • Source:
    FDIC Website
  • Memorandum To:
    FDIC-Supervised Institutions
  • FIL Number:
    FIL-75-2018
  • Main Document Checksum:
  • File Type:

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