On July 10, the OCC, the Fed, and the FDIC (the agencies) published a joint notice in the Federal Register for public comment on Call Report forms applicable to U.S. bank holding companies identified as global systemically important banks (GSIBs) and their subsidiaries.
The joint notice would add two new line items to the FFIEC 031 Call Report, applicable only to depository institution subsidiaries of GSIBs, to reflect leverage buffer requirements, while making no burden changes to the FFIEC 041 or FFIEC 051 forms. The agencies collect Call Report data quarterly to monitor the condition, performance and risk profile of institutions and the industry, supporting their missions of ensuring safety and soundness, financial stability, and consumer financial protection. The agencies proposed to revise and extend for three years information collection associated with the FFIEC 031, FFIEC 041, and FFIEC 051 Call Report forms. Comments must be submitted on or before September 8.
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