Bankowość · 23/05/2013

Federal Agencies Request Public Comment on Proposed Revisions to Call Report

The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Board), and the Federal Deposit Insurance Corporation (FDIC) are seeking public comment on proposed revisions to the Consolidated Reports of Condition and Income (Call Report), a collection of financial information required from banks and other financial institutions. The proposed changes, which are set to take effect on June 30, 2013, include updates to the Call Report to better reflect the needs of large and complex institutions, as well as changes to the assessment reporting process for deposit insurance purposes.