5 Feb 2025

đŸ“„Notice on Proposed Information Collection Activities Under Regulation NN

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 the Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation NN (FR NN; OMB No. 7100-0353).

Agencies

  • Federal Reserve System

Business Impact ?

$$ - Med

The content involves compliance and regulatory requirements, as it details proposed information collection activities under Regulation NN applicable to banking institutions. Business owners and executives must consider the impact of these regulations on their operations, particularly for those involved in retail foreign exchange transactions.

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