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January 2014 Table of Contents Introduction ................................................................................................................................ 1 Purpose of this Handbook
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Tier 1 and Tier 2 are levels of reporting requirements for certain financial institutions.
Financial institutions designated by regulatory authorities are required to file tier 1 and tier 2 reports.
Tier 1 and tier 2 reports can be filled out electronically through the designated regulatory authority's website.
Tier 1 and tier 2 reports are used to monitor and regulate the financial activities of designated institutions.
Information such as financial statements, risk management practices, and compliance with regulatory requirements must be reported on tier 1 and tier 2.
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