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Financial Institution Letter | November 9, 2021 |
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Revision to the Consolidated Reports of Condition and Income (Call Reports) Related to the Standardized Approach for
Counterparty Credit Risk (SA-CCR) |
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Summary:
The Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (collectively, the agencies), under the auspices of the Federal Financial Institutions Examination Council (FFIEC), published the attached final regulatory reporting changes in the Federal Register. The SA-CCR related reporting change proposed by the agencies on July 22, 2021 (see FIL-53-2021, dated July 26, 2021) would apply to the three versions of the Call Report (FFIEC 031, FFIEC 041, and FFIEC 051), and is subject to approval by the U.S. Office of Management and Budget.
Distribution:
FDIC-Supervised Banks and Savings Institutions
National Institutions
State Member Institutions
Savings Associations
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