Financial and Regulatory Reporting
The Federal Reserve System relies on the timely and accurate filing of report data by domestic and foreign financial institutions. Data collected from regulatory reports facilitate early identification of problems that can threaten the safety and soundness of reporting institutions; ensure timely implementation of the prompt corrective action provisions required by law; and serve other legitimate supervisory purposes. Certain regulatory report information is used for public disclosure so investors, depositors, and creditors can better assess the financial condition of the reporting banks.
Policy Letters
Financial and Regulatory Reports
Interagency Statement on Accounting and Reporting Implications of the New Tax Law
Regulatory Capital Treatment of Certain Centrally-cleared Derivative Contracts under the Board's Capital Rule
Responsible Reserve Bank and Inter-District Coordination
Accounting and Reporting for Commitments to Originate and Sell Mortgage Loans
Interagency Guidance on Loans Held for Sale
Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure
Section 20 Subsidiaries - Additional Clarification of Revenue Test Treatment of Interest Income
Regulatory Reporting Requirements for Debt and Equity Securities
Allowance for Loan and Lease Losses for U.S. Branches and Agencies of Foreign Banking Organizations
Reports and Disclosure
Supervisory Nonobjection Process for State Member Banks Seeking to Engage in Certain Activities Involving Dollar Tokens
Filing Procedures for Annual Independent Audits and Reports Required Under Federal Deposit Insurance Corporation (FDIC) Rules
Access to Books and Records of Financial Institutions During Examinations and Inspections
Supervisory Guidance on the Implementation of Section 112 of the FDIC Improvement Act
Interagency Policy Statements on Supervisory Initiatives Released Today
Additional Resources
Manual References
FAQs
How the Fed Helps the Economy. The Federal Reserve acts as the U.S. central bank, and in that role performs three primary functions: maintaining an effective, reliable payment system; supervising and regulating bank operations; and establishing monetary policies.
What is the main purpose of the Fed in its supervisory role? ›
The Federal Reserve is responsible for supervising--monitoring, inspecting, and examining--certain financial institutions to ensure that they comply with rules and regulations, and that they operate in a safe and sound manner.
What are the Fed supervisory actions? ›
The Federal Reserve may take informal and formal enforcement actions against entities it supervises and individuals affiliated with such entities, for violations of laws, rules or regulations, unsafe or unsound practices, breaches of fiduciary duty, and violations of written commitments.
What are two examples of what the Federal Reserve supervises and regulates? ›
Supervision and Regulation
- supervising the activities of financial institutions to ensure their safety and soundness.
- developing regulatory policy (for example, rulemakings, policy statements, and guidance) and acting on applications filed by banking organizations.
It is the Federal Reserve's actions, as a central bank, to achieve three goals specified by Congress: maximum employment, stable prices, and moderate long-term interest rates in the United States (figure 3.1).
What are the three 3 major goals of the Federal Reserve Fed )? ›
The Federal Reserve Act mandates that the Federal Reserve conduct monetary policy "so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates."1 Even though the act lists three distinct goals of monetary policy, the Fed's mandate for monetary policy is commonly ...
What is supervisory guidance? ›
Supervisory guidance provides FDIC-supervised institutions with important information on bank regulatory and emerging issues.
What are the four functions of the Fed as regulator? ›
The Fed's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.
What are the 5 key functions of the Fed? ›
The Fed performs five general functions:
- Conducting the nation's monetary policy.
- Regulating banking institutions.
- Monitoring and protecting the credit rights of consumers.
- Maintaining the stability of the financial system.
- Providing financial services to the U.S. government2.
Cease and desist orders are typically the most severe and can be issued either with or without consent.
The Board of Governors of the Federal Reserve System has supervisory and regulatory authority over a wide range of financial institutions, including state-chartered banks that are members of the Federal Reserve System (state member banks), bank holding companies, thrift holding companies and foreign banking ...
What are the Fed's 3 tools of monetary control? ›
The Federal Reserve controls the three tools of monetary policy--open market operations, the discount rate, and reserve requirements.
What are 3 things the Federal Reserve is responsible for regulating? ›
Today, the Fed is tasked with managing U.S. monetary policy, regulating bank holding companies and other member banks, and monitoring systemic risk in the financial system. The seven-member Board of Governors, the system's seat of power, is based in Washington, DC, and currently led by Fed Chair Jerome Powell.
What is the most powerful job of the Federal Reserve system? ›
Conducting monetary policy: The U.S. central bank's most well-known function. Monetary policy primarily refers to the Fed's interest rate decisions, which help steer the U.S. economy toward its two main goals: stable prices and maximum employment.
Who holds banks accountable? ›
The Federal Reserve directly supervises state-chartered banks that choose to become members as well as foreign banking offices and Edge Act corporations. The Federal Reserve is also the primary supervisor and regulator of bank holding companies and financial holding companies.
What are the three main responsibilities of the federal government? ›
The three main responsibilities of the federal government include providing for the national defense, promoting general welfare through social programs, and managing federal finances including taxation and budget allocation.
What are the three main components of the Federal Reserve System? ›
The Federal Reserve System performs five functions to promote the effective operation of the U.S. economy and, more generally, to serve the public interest. It includes three key entities: the Board of Governors, 12 Federal Reserve Banks, and the Federal Open Market Committee.
What are three major responsibilities of the Fed quizlet? ›
The three duties of the Fed are: Holding Reserves, Assuring Stability and Lending Money.
