Search Results for keywords:"financial data collection"

Found 2 results

Search Results: keywords:"financial data collection"

💰 Only
Oldest Newest
  • 2024-30586 — Proposed Agency Information Collection Activities; Comment Request
    Type:Notice
    Citation:89 FR 104541
    Reading Time:about 4 minutes

    The Board of Governors of the Federal Reserve System is seeking public comments on a proposal to extend and revise the Census of Finance Companies and Other Lenders and Survey of Finance Companies for three additional years. These surveys, identified as FR 3033p and FR 3033s, aim to collect data on finance companies' assets, operations, and financial activities to better understand this sector of the financial system. Proposed changes include the removal of certain options and adjustments to survey questions. Comments must be submitted by February 21, 2025, and the feedback received will influence any final modifications to the proposal.

    Simple Explanation

    The Federal Reserve wants people to share their thoughts about a plan to ask finance companies questions about their money activities for three more years. They are changing some of the questions to make them better and need people's opinions before making it official.

  • 2025-05233 — Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB
    💰
    Type:Notice
    Citation:90 FR 13863
    Reading Time:about 3 minutes

    The Board of Governors of the Federal Reserve System has decided to extend, with some revisions, a key report, known as FR 2644, for another three years. This report collects data on the assets and liabilities of both U.S. commercial banks and foreign banks operating in the U.S. It helps analyze banking trends by gathering weekly data from a sample of 850 banks. The Board will allow smaller banks under $5 billion in assets to report once a month instead of weekly. These changes begin on April 2, 2025, and the Board received no public comments during the proposal's review period.

    Simple Explanation

    The Federal Reserve System is updating a report that helps watch banks' money activities. Now, smaller banks have an easier job because they only report numbers once a month instead of every week.