31 Jul 2025
🏦Proposed Regulation BB Information Collection – Business Implications
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, without revision, the Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation BB (FR BB; OMB No. 7100-0197).
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The document outlines proposed extensions of reporting and recordkeeping requirements under Regulation BB, which directly affects state member banks. Compliance with these regulations is essential for businesses in the banking sector, impacting operational processes and resource allocation.