How to gain more from operational risk management practices. Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.
Regulators propose revisions to Call Report
The Federal Deposit Insurance Corporation, the Federal Reserve Board, and the Office of the Comptroller of the Currency, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), published proposed regulatory reporting changes in the Federal Register for public comment on October 4. The proposed changes apply to all three versions of the Call Report (FFIEC 031, FFIEC 041, and FFIEC 051) and to the Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework (FFIEC 101).
The proposed changes to the Call Report and the FFIEC 101 report, as described more fully in the Federal Register notice would implement various changes to the agencies' capital rule that the agencies have finalized or are considering finalizing. The proposed capital-related reporting changes would take effect the same quarters as the effective dates of the various currently final or potentially final capital rules.
Comments on the proposal are due by December 3, 2019.
- FDIC FIL-68-2019