Comments due on proposed Call Report revisions
The FFIEC announced yesterday that the three federal banking agency members of the Council -- the OCC, Federal Reserve and FDIC -- are proposing additional revisions to streamline the Call Report as part of their efforts to reduce data reporting and other burdens for financial institutions. The latest proposal would remove or consolidate a number of data items and add a new or raise certain existing reporting thresholds in the three versions of the Call Report. Comments on the proposed revisions will be accepted for 60 days after publication in the Federal Register. The proposed revisions would take effect as of the June 30, 2018, report date.
Update: Published 11/8/2017 at 82 FR 51908. Comments due by January 8, 2018.
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