Reporting forms

FR Y-6

Forms	Instructions
Current (117 KB PDF)	Current (146 KB PDF)
Current and historical

Description: This report is filed by all top-tier bank holding companies and consists of the requirement that top-tier bank holding companies not registered with the Securities and Exchange Commission (SEC) submit a copy of its an annual report to shareholders if one is created. The FR Y-6 also requires the submission of an organizational chart, an annual verification of domestic branches within the organization, and includes information on the identity, percentage ownership, and business interests of principal shareholders, directors, and executive officers.

OMB: 7100-0297

Purpose: The data are used by supervision and regulation staff to monitor the activities of bank holding companies and to ensure that their activities are conducted in a safe and sound manner. This report states the requirement for a top-tier bank holding company with total consolidated assets of $500 million or more to have an annual audit of its consolidated financial statements and provides information on compliance with the Bank Holding Company Act and Regulation Y as well as information on possible conflicts of interest of shareholders, directors, and executive officers.

Background: Annual reports have been collected in some form since the implementation of the Bank Holding Company Act of 1956. In 1976, the report was revised to eliminate certain information no longer required and to redefine the types of financial and structural information for regulatory purposes. In 1995, the report was revised to eliminate the requirement to submit consolidated and parent company financial statements (may still be requested on call), to revise the audit requirements, to move the nonbank subsidiary financial statements to the FR Y-11, to eliminate the requirement to submit amendments to organizational documents, and to eliminate the required list of insider loans. In 2004, the report was revised to eliminate the requirement that a top-tier bank holding company submit a copy of its SEC form 10K and to update structural information reported on the organization chart. In 2007, the Federal Reserve added an annual requirement for institutions to verify a list of domestic branches for each depository institution and Edge and agreement corporation in the organization.

Respondent Panel: The panel consists of all top-tier bank holding companies organized under U.S. law; any top-tier bank holding company that is organized under foreign law but is not a foreign banking organization; any foreign banking organization that does not meet the requirements of and is not treated as a qualifying foreign banking organization under Regulation K; and by Employee stock ownership plans that are also bank holding companies. Participation is required.

Frequency: Annually, no later than three months after the end of the top-tier bank holding company's fiscal year.

Public Release: Individual respondent data are available to the public upon request through the appropriate Reserve Bank. Under certain circumstances, however, respondents may request confidential treatment. Data from the FR Y-6 are not published.