United States:
Federal Register: Bank Regulators Propose "Streamlined" Call Reports For Qualifying Small Institutions
22 November 2018
Cadwalader, Wickersham & Taft LLP
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The proposal by the Federal Reserve Board, the FDIC and the
Office of the Comptroller of the Currency to reduce regulatory
reporting requirements for eligible small depository institutions
was published in the Federal Register. Comments on
the proposal must be submitted by January 18, 2019.
As
previously covered, the rule proposals would implement Section
205 ("Financial Reporting Requirements for Small Banks")
of the Economic Growth, Regulatory Relief and Consumer
Protection Act.
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.
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