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Internal FR Federal Reserve Bank End User Authorization Contact (EAC) Designation and Authorization Form for Reporting Central Services (
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Switch FRB EUAC form is a financial reporting form required by the Federal Reserve Board (FRB) for certain entities to report information about their switch to a European Union authorized central counterparty (EUAC) for clearing or settlement services.
Entities that have switched to an EUAC for clearing or settlement services as required under Federal Reserve regulations are required to file the switch FRB EUAC form.
The switch FRB EUAC form can be filled out electronically through the Federal Reserve's online reporting system. Entities should provide accurate and complete information about their switch to an EUAC, including details about the EUAC and the services used.
The purpose of the switch FRB EUAC form is to collect information about the switch to an EUAC for clearing or settlement services. This information helps the Federal Reserve Board monitor and analyze trends in the use of EUACs and their impact on the financial system.
The switch FRB EUAC form requires entities to report information such as the name and location of the EUAC, the date of the switch, the types of services used, and any other relevant details about the switch.
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