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FFIEC Finalizes Call Report Changes

FFIEC Finalizes Call Report Changes

Posted: May 26 2021
The Federal Financial Institutions Examination Council has finalized several changes to the Call Report.
 
The first set of changes—which were proposed last December—will allow the FDIC to implement recently proposed amendments to address the temporary deposit insurance assessment effects resulting from the CECL transition. These changes will take effect with the June 30, 2021, report date.
 
The second set of changes—which were proposed in February—address the exclusion of sweep deposits and certain other deposits from reporting as brokered deposits. These changes will take effect with the Sept. 30, 2021, report date.
 
To read more, visit: https://www.govinfo.gov/content/pkg/FR-2021-05-24/pdf/2021-10853.pdf

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