Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
On September 8, 2016, the US Board of Governors of the Federal Reserve System adopted revisions to the FR Y-9C reporting form, a standardized financial statement for consolidated bank holding companies.
On September 8, 2016, the US Board of Governors of the Federal
Reserve System adopted revisions to the FR Y-9C reporting form, a
standardized financial statement for consolidated bank holding
companies. The Federal Reserve Board revised the FR Y- 9C to, among
other things, delete existing data items, increase existing
thresholds for certain data items, and clarify certain
instructional items. The changes were originally proposed to take
effect on March 31, 2016. In response to comments, the Federal
Reserve Board is generally delaying the effective date for
implementation for certain changes to September 30, 2016, while
others will become effective March 31, 2017.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
