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The Annual Report of Holding Companies (FR Y-6) is a report required by law for all top-tier bank holding companies and certain organizations, detailing their operations at the end of the fiscal year. This document includes organizational charts, branch listings, securities holders, and insider information, among other data related to the holding companies.
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The FR Y-6 is a report filed by bank holding companies, which provides information about the company's organizational structure, ownership, and the financial condition of the company.
All bank holding companies, including top-tier and lower-tier holding companies that are subject to the Federal Reserve's reporting requirements, are required to file the FR Y-6.
To fill out the FR Y-6, institutions must gather the necessary organizational and financial information, complete the required sections of the form, and submit it electronically to the Federal Reserve by the designated deadline.
The purpose of the FR Y-6 is to collect data on the structure and operations of bank holding companies to assist the Federal Reserve in overseeing the banking system and ensuring financial stability.
The FR Y-6 requires reporting of information including the organization's ownership structure, affiliates, assets, liabilities, and any changes in ownership or control.
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