B anking structure reports (FR Y-10, FR Y-6 and FR Y-7) capture detailed information on changes to the structure of banking organizations, including the characteristics, ownership, activities and legal authority of subsidiaries, affiliates and investments, as well as information on branches and representative offices. Structure reports create a foundation for all regulatory reports and provide the Federal Reserve Bank with data needed to ensure that banks carry out operations in a safe and sound manner and demonstrate compliance with various laws and regulations, including, but not limited to, the Bank Holding Company Act; the Home Owners’ Loan Act; and Regulations Y, K and LL.
Our report linked below will cover the following key topics:
Josh Welikson, Jonathan Gilbert, Stephen Gillett, Tatyana Dreger and Kristina Savchuk contributed to the article.