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The FR Y-6 form is a mandatory report that top-tier bank holding companies and certain other banking organizations must submit annually. It provides financial and operational details about the holding companies, including their organizational structure, shareholders, and relevant compliance information in accordance with federal regulations. This document is integral for the supervision of bank holding companies by the Federal Reserve.
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The FR Y-6 is a report that collects data on the organizational structure of bank holding companies and other financial institutions.
All bank holding companies and certain financial institutions that meet specific criteria as determined by the Federal Reserve are required to file the FR Y-6.
To fill out the FR Y-6, institutions must provide detailed information about their organizational structure, including subsidiaries, directors, and officers, following the guidelines outlined by the Federal Reserve.
The purpose of the FR Y-6 is to gather information that helps the Federal Reserve monitor and assess the financial system's structure and the risks posed by bank holding companies.
The FR Y-6 requires reporting information such as the names of subsidiaries, legal entity identifiers, the addresses of the organization, and the directors' and executives' names and positions.
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