Home / Regulatory Reporting and Accounting/ Comment Letters/ Federal Reserve

BPI Submits Comment Letter on Federal Reserve Data Reporting Requirements for Certain Assets

Print
BPI Submits Comment Letter on Federal Reserve Data Reporting Requirements for Certain Assets

BPI submitted a comment letter on October 24 responding to the Federal Reserve’s proposal requiring the reporting of substantial data regarding assets, liabilities and off-balance-sheet exposures of U.S. GSIBs by instrument, currency, maturity and sector. BPI advised that the proposed March 31, 2019, reporting start date presented significant challenges to develop the appropriate internal control and review processes for a new report and recommended several technical changes should be made to the proposal to permit more accurate and timely reporting of the information requested.

Download
You Might Also Be Interested In...
Regulatory Reporting and Accounting BPI and Coalition of Trades Oppose PCAOB’s Proposed Changes to Auditing Standards
Cybersecurity Image showing microphones for press cover SEC Rule on Cyber Disclosure Risks Harming Investors, Exacerbates Security Risks
Cybersecurity BPI Calls on SEC to Better Balance Investor Transparency and Cybersecurity Risks
Regulatory Reporting and Accounting BPI Comments on Banking Agencies’ Proposed Revisions to Call Reports and FR Y-9
Regulatory Reporting and Accounting BPI Comments on CFPB’s Proposed Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders
Regulatory Reporting and Accounting BPI Responds to NYDFS Request for Comments Concerning Presumption of Control of NY-Charted or Licensed Institutions
Security BPI and SIFMA Respond to NYDFS Proposal on Cybersecurity Requirements for Financial Services Companies
Cybersecurity Financial Trades Call for Accessible, Functional and Simple Cyber Incident Reporting Rules
More Posts by This Author
Announcements BPI Welcomes U.K. Attorney Samantha Riley to Regulatory Affairs Team
Bank Capital and Stress Testing U.S. Bank Capital Levels: Aligning With or Exceeding Midpoint Estimates of Optimal
Newsletters BPInsights: September 16, 2023
Central Bank Digital Currency BPI’s Paige Pidano Paridon Testifies on CBDC Before House Subcommittee
Bank Activities and Structure capitol hill building BPI Statement Before the U.S. House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion
Bank Activities and Structure capitol hill building BPI Statement Before the U.S. House Financial Services Committee’s Subcommittee on Financial Institutions and Monetary Policy
Basel Finalization BPI’s Greg Baer Testifies on Basel Endgame Before House Financial Services Subcommittee
Bank Activities and Structure Coalition of Trades Comment on Negative Implications of SEC Custody Rule