30 Apr 2025
🏦Proposed Changes to Regulation CC
Proposed Agency Information Collection Activities; Comment Request
Summary
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, with revision, the Recordkeeping and Disclosure Requirements Associated with Regulation CC (FR CC; OMB No. 7100-0235).
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The content involves regulatory compliance requirements under Regulation CC, essential for financial institutions that must adhere to recordkeeping and disclosure standards. The proposed revisions could affect operational processes and reporting practices for affected banks and financial institutions.