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L CO?YFRY6 OMB Number71000297 Approval ex pi res September 30, 2018, Page 1of2Board of Governors of the Federal Reserve Systematical Report of Holding Companies FR Y6Report at the close of business
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Anyone who is required to comply with Regulation Y needs sb of regulation y. Regulation Y is a set of rules and regulations issued by the Federal Reserve Board that applies to bank holding companies and their non-bank subsidiaries. It sets standards for financial stability, capital adequacy, and permissible activities of these entities. Therefore, banks, financial institutions, and their affiliates are among the entities that typically need to fill out and comply with sb of regulation y.
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SB of Regulation Y refers to the Small Business Lending Compliance Statement required by Regulation Y.
Banks and other financial institutions engaged in small business lending are required to file SB of Regulation Y.
SB of Regulation Y must be filled out with information regarding the institution's small business lending activities, in accordance with the requirements outlined in Regulation Y.
The purpose of SB of Regulation Y is to monitor and ensure compliance with small business lending regulations set forth in Regulation Y.
SB of Regulation Y must include information such as total small business loan volume, demographics of borrowers, interest rates, and other relevant data.
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