Joint Comment Letter to the Federal Reserve Board on FR Y-9 Revisions

On November 27, 2024, the IIB and Bank Policy Institute submitted a joint comment letter to the Federal Reserve Board on revisions to the Financial Statements for Holding Companies (FR Y-9C) and Capital Assessments and Stress Testing Reports (FR Y-14A). The associations recommended several clarifications and technical changes to increase consistency among reporting forms.

The associations also submitted a copy of the letter to the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency to consider in the interest of alignment between the FR Y-9C and Call Reports