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The document provides detailed instructions for the preparation and submission of the FR Y-10 form, which is used to report changes in the organizational structure of bank holding companies and other

How to fill out report of changes in

How to fill out Report of Changes in Organizational Structure (FR Y-10)

1. Begin with the appropriate title at the top of the document: 'Report of Changes in Organizational Structure (FR Y-10)'.
2. Fill in the reporting institution's name and address in the designated section.
3. Enter the Federal Reserve District and the relevant date of the report.
4. Provide a detailed description of the organizational changes occurring, including mergers, acquisitions, or any significant internal restructuring.
5. List the names and titles of individuals involved in the changes, including any new directors or officers appointed.
6. Indicate whether the changes affect the control or ownership structure of the institution.
7. Attach any necessary supporting documents that validate the reported changes, such as board resolutions or press releases.
8. Ensure that the report is signed and dated by an authorized representative of the institution.
9. Submit the completed FR Y-10 form to the appropriate regulatory authority as directed.

Who needs Report of Changes in Organizational Structure (FR Y-10)?

1. Financial institutions regulated by the Federal Reserve.
2. Holding companies undergoing any changes in their organizational structure.
3. Banks and entities required to report changes in ownership or control.
4. Organizations that need to maintain transparency with regulators regarding structural changes.

People Also Ask about

What is the frequency of FR Y-10 reporting?

This report is filed by BHCs, SLHCs, IHCs and SHCs with total consolidated assets of $3 billion or more. In addition, BHCs, SLHCs, IHCs and SHCs meeting certain criteria may be required to file this report, regardless of size.

What is FR Y 10 reporting?

Purpose: The Federal Reserve System uses this information to monitor the activities of reportable companies to (1) ensure that the activities are conducted in a safe and sound manner and (2) assess the ability of a foreign banking organization (FBO) to continue being a source of strength to its U.S. banking operations.

Who is required to file FR Y 9c?

Call Reports present information at the individual bank level. In other words, they are filed by each individual bank subsidiary of a bank holding company (BHC) or by independent banks that are not part of a BHC. Y-9Cs present information consolidated at the BHC level, and are thus filed only by BHCs.

What is an FR Y-10?

The FR Y-10 is a long-standing report that the Federal Reserve uses to monitor changes in organizational structure or the regulated investments or activities of certain banking organizations.

For pdfFiller’s FAQs

What is Report of Changes in Organizational Structure (FR Y-10)?

The Report of Changes in Organizational Structure (FR Y-10) is a form that financial institutions file to report structural changes within their organizational hierarchy, including mergers, acquisitions, and changes in control.

Who is required to file Report of Changes in Organizational Structure (FR Y-10)?

Financial institutions that are regulated by the Federal Reserve, including bank holding companies and savings and loan holding companies, are required to file the FR Y-10 when applicable organizational changes occur.

How to fill out Report of Changes in Organizational Structure (FR Y-10)?

To fill out the FR Y-10, organizations must provide detailed information regarding the nature of the changes, including the entities involved, the type of changes (e.g., merger, acquisition), and relevant dates. The form includes specific sections to indicate the changes being reported.

What is the purpose of Report of Changes in Organizational Structure (FR Y-10)?

The purpose of the FR Y-10 is to ensure that regulatory authorities are informed about significant changes in the organizational structure of financial institutions, enabling them to assess ongoing compliance and risk.

What information must be reported on Report of Changes in Organizational Structure (FR Y-10)?

The FR Y-10 requires reporting information such as the name and details of the entities involved in the structural changes, the nature of the change, effective dates, and any other relevant financial information that may affect the organization.