The Clearing House joined other trades in a comment letter responding to the May 6 FSB Data Gaps Initiative statement on Launch of Phase 2 funding template and Quantitative Impact Analysis (QIA) for Phase 3. While the associations expressed their gratitude for FSB’s industry outreach on this initiative, the letter sought clarity on the timing and sequencing of the Phase 2 templates and Phase 3 QIA. Additionally, the letter commented on: (i) the consistency of amounts to be reported, (ii) the reporting criteria of the memo items, and (iii) the confidentiality of data submitted for Data-Hub purposes.
You Might Also Be Interested In...
Regulatory Reporting and Accounting BPI Submits Comment Letter to Banking Agencies on Revisions to Call Report
Bank Capital and Stress Testing Some Thoughts on the Bank Regulatory Picture: Dividends, CECL, Buffers and the Rest
Regulatory Reporting and Accounting BPI Submits Comment Letter to Agencies on Call Report and FFIEC 101 Reporting Revisions
Regulatory Reporting and Accounting BPI Submits Comment Letter to the Fed on Proposed FR Y-9 Reporting Revisions
Bank Capital and Stress Testing BPI Symposium on the Current Expected Credit Loss Accounting Standard
More Posts by This Author
Bank Conditions and Credit Availability Time To Return To the Regular Rulebook – Economic Uncertainty Is Not Extraordinarily Elevated
COVID-19 Relief BPI and Coalition of Trades Advocate for Economic Impact Payment Protections in American Rescue Plan Act of 2021