On June 28, BPI submitted a comment letter to the federal banking agencies on information collection requirements in the reporting forms through which banks are required to provide information on their exposures in foreign countries. Objecting to the agencies’ proposed three-year extension of the forms without changes, the letter identifies a number of areas that would benefit from additional agency guidance and recommends several technical revisions to correct inconsistencies with other reporting forms.
BPI Submits Comment Letter on Country Exposure Information Collection Requirements
