Reporting Requirements Regarding Foreign Investments
March 4, 2002
Circular No. 11424

To All Depository Institutions and Others Concerned in the Second Federal Reserve District:

In a Supervisory Letter, the Federal Reserve Board has announced revisions in its reporting requirements with respect to foreign investments made by U.S. banking organizations. The Federal Reserve has replaced the FR 2064 report with the new FR Y-10, Report of Changes in Organizational Structure, and with new internal recordkeeping requirements for internationally active domestic banking organizations.

Questions concerning the examination and supervisory aspects of the changes may be directed, at this Bank, to James Keogh, Examining Officer, and questions concerning the reporting forms themselves may be directed to Violet Cumberbatch, Staff Director, Banking Structure Division.