Initiative Sponsors
The FFIEC Reports Task Force has primary oversight for the Call
Report Modernization Initiative, consistent with its role of promoting
interagency cooperation to improve regulatory reporting efforts.
An interagency Initiative Steering Committee, which includes three
senior executives from each of the Agencies (FDIC, FRB, and OCC),
meets regularly to establish requirements for the CDR and to actively
monitor progress. Significant information sharing is also conducted
through several industry
focus groups, which began convening monthly in August 2003.