Bankowość · 21/06/2019

OCC, Board, and FDIC Issue Final Rule to Expand Reduced Reporting for Covered Depository Institutions

The OCC, Board, and FDIC are implementing a final rule to reduce reporting requirements for certain insured and uninsured depository institutions with less than $5 billion in assets, starting with the first and third reports of condition for a year, and further reducing data reporting for the first and third calendar quarters.