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The FR Y-6 report provides essential information about bank holding companies as of December 31, 2022, ensuring compliance with regulatory requirements.
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What is fr y-6?
The FR Y-6 is a report that bank holding companies in the United States must file with the Federal Reserve. It collects information about the structure and ownership of the bank holding company.
Who is required to file fr y-6?
All bank holding companies, including domestic and foreign banking organizations with U.S. operations, are required to file the FR Y-6 report.
How to fill out fr y-6?
To fill out the FR Y-6, filers need to provide information on the company's organizational structure, including details on shareholdings, subsidiaries, and relationships with other financial institutions. The Federal Reserve provides specific instructions and forms that must be completed.
What is the purpose of fr y-6?
The purpose of the FR Y-6 is to provide the Federal Reserve with comprehensive data about the ownership and structure of bank holding companies to ensure effective monitoring and regulation.
What information must be reported on fr y-6?
The FR Y-6 requires reporting of information such as the bank holding company's name and address, stock issues, organizational chart, ownership as of the report date, and details about each subsidiary.
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