It’s no secret that global regulators have stepped up efforts to learn additional information about nonbank financial intermediaries (NBFIs). Over the course of the year we have seen efforts by regulators on both sides of the Atlantic to drill into interconnectivity between banks and NBFIs and to better understand valuations in private markets. Here we...
In December 2023, an interagency proposal was floated to increase the granularity in reporting exposure to nondepository financial institutions (NDFIs) on bank call reports. Its aim was to help the banking agencies better understand risks and performance and make reporting more consistent than it has been historically. The proposal updated the forms with new line...
The prudential bank regulators recently proposed revisions to depository financial institutions’ quarterly Consolidated Report of Condition and Income filings (i.e., call reports) to address an observed lack of granularity and inconsistency of reporting on loans to nondepository financial institutions (NDFIs). These filings are used by the regulators to inform monetary and public policy decisions. The...
