17 Sep Federal Reserve Board (FRB) – FR Y-14A

September 17, 2020 –

DRAFT

FR Y-14A
Draft OMB supporting statement, draft reporting forms, draft reporting instructions, and link to initial Federal Register notice were posted.

Client Impact:

DRAFT Form/Instructions re-submission of CCAR/FR Y-14A, Global Market Shock & Large Counterparty Default (if required) based on scenarios accounting for COVID as-of 6/30/2020, due 11/2/2020. Summary subschedule A.1.d (Capital/CCAR has revisions)

Categories I, II & III Institutions will re-submit full FR Y-14A, while Category IV Institutions are only required to re-submit Schedule C (Regulatory Capital Instruments)

Technical Instructions (Edit Checks, Data Dictionaries) have not yet been posted

FINAL

FR Y-14A/Q/M
Link to final Federal Register notice was posted. Updated forms and instructions were posted.

Client Impact:

DRAFT Form/Instructions based on FINAL Fed Register for changes proposed in March, 2020 related to Capital Simplification and other rules already incorporated in other Regulatory Reports such as FR Y-9C.

DRAFT changes are split into Q3 2020 (for Y-14 M/Q), Q4 2020 (for Y-14 Q/A) & Q2 2021 (for Y-14Q) implementation

Technical Instructions (Edit Checks, Data Dictionaries) have not yet been posted

For more information, visit www.federalreserve.gov