The Federal Reserve Board is proposing to standardize two financial reports that foreign bank holding company subsidiaries file annually.

The Fed wants to require bankers filing the FR Y-7 and the FR-2068 reports to answer 35 detailed questions on capital adequacy, loans outstanding, assets, and income.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.