1. Hosted by Financial Statistics February 22, 2018
FR Y-6 Training Call
Hosted by Financial Statistics
February 22, 2018

2. GENERAL Report must be submitted on correct form
The FR Y-6 is required to be submitted as of the top-tier holding company’s fiscal year-end
Under the Freedom of Information Act (FOIA), Board records generally must be disclosed
Branch Website link
Report must be submitted on correct form 2

3. What Must be Submitted Each reporting item must be addressed
If NOT applicable use one of the following:
None No
Not Applicable
Do NOT leave the report item blank or exclude any report item(s) 3

4. Filing Options
Reports are due 90 days after a holding company’s fiscal year end
FR Y-6
Hard copy (mailed to Financial Statistics dept.) OR
Reporting Central as PDF
We only require one copy of the report
Branch Verification
As part of FR Y-6 OR to 4

5. Revisions FR Y-6 Revisions will not be accepted through email
For hard copies the entire report must be resubmitted (can be through Reporting Central)
A file originally submitted via Reporting Central must be resubmitted in Reporting Central
Branch Verification revisions can be submitted via 5

6. Common Errors 6

7. Cover Page The address is different from FRB database
No URL submitted for the entity
Not signed and dated by an authorized official 7

8. Cover Page
Figure #1
Fiscal Year-end date or Legal Entity Identifier (LEI) is omitted
Annual Report indicator is not checked (if applicable)
Confidentiality indicator is left blank
Figure #2
Figure #3 8

9. For Multi-tiered Holding Companies Only
Subsidiaries listed are not holding companies
Bank information is listed 9

10. Item 2A Organizational Chart
Header (holding company name, city & state, fiscal year ending)
Full legal name, LEI (if assigned), city & state
State of incorporation
Percentage ownership 10

11. Item 2B Branch Listing “Data Action” column is left blank
Any changes made to the BVR require a subsequent FR Y-10 filing to report the change
Branch Website link: 11

12. Items 3 and 4 Headers and correct year-end date
Multi-tier holding companies must include these items for each holding company 12

13. Other Common Errors
Including Sensitive Personal Identifiable Information
Social Security Numbers of individuals
Street address of individuals
Including unnecessary SEC Reports (10K)
Including letters stating documents that were submitted 13

14. Sensitive Information
Option to exclude names of Minor Children
Use “Minor child” 14

15. SAMPLES 15

16. SAMPLES
Typical Examples of Correct Reporting
Figure #1
Figure #2 16

17. SAMPLES
Typical Examples of Correct Reporting (con’t)
Figure #3 17

18. Confidentiality Requests18

19. How to Request
Submit request letter prior to or at same time as filing in either a letter or via (not through RC)
Submit two files
Confidential volume
Cover page labeled “Confidential”
Only include those items
Public volume
Include all items with the responses to those items for which confidential treatment is requested should indicate that the responsive data may be found in the confidential volume 19

20. Request Details Request letter must include The requested items
Justification for the requested treatment
Demonstration of the specific nature of the harm that would result from Public release
FOIA exemptions 4 and 6 may be applicable for requests for confidentiality. For a complete list see the Board’s public web site 20

21. Reporting Central 21

22. Reporting Central Benefits: Requirements: Files must be PDF
Immediate Submission
Easier Revisions
Better Security – two factor
Requirements:
Must be credentialed
Need physical token
Files must be PDF 22

23. FR Y-6 Files in Reporting Central
Each submission must have a file or files that provide a full FR Y-6
Respondents may choose to separate items among different files
If revisions are necessary only the file with the revised item(s) must be revised, but all files will be part of the submission
Branch verification should only be included once in the submission 23

24. FR Y-6 File Naming Conventions24

25. FR Y-6 File Naming Conventions
FRY6_123456_Full_Initial_Public_ _1 of 1
FRY6_123456_Partial_Initial_Confidential_ _1 of 3
FRY6_123456_Full_Revised_Public_ _1 of 1
FRY6_123456_Partial_Revised_Confidential_ _2 of 3
Branches_123456_Full_Initial_Public_ _1 of 1
Branches_123456_Partial_Initial_Public_ _3 of 3 25

26. Reporting Central Log-In 26

27. Reporting Central Demo - Initial27

28. Reporting Central Demo - Initial28

29. Reporting Central Demo - Initial29

30. Reporting Central Demo - Initial30

31. Reporting Central Demo - Initial31

32. Reporting Central Demo - Initial32

33. Reporting Central Demo - Revision33

34. Reporting Central Demo - Revision34

35. Reporting Central Credentialing35

36. Representatives (Institution)
Official Authorization List (OAL)
The individuals identified as having the authority to execute agreements and transact business with the FRB
End User Authorization Contact (EUAC)
The individuals who are authorized to request credentials/token for Subscribers
Subscriber
The individuals at an organization who are issued a token in order to submit reports through Reporting Central 36

37. Representatives (Federal Reserve)
Customer Contact Center (CCC)
Serve as first point of contact for institutions for electronic access
Process requests to establish EUAC and Subscriber credentials
Issuing credentials (tokens) and security codes (token passphrase)
Resolve technical and/or access issues, including password reset
CCC contact information: , option 1
Reporting Central District Contacts
First point of contact for all business-related inquiries about RC
Provide knowledge of application access and navigation
Receive and process RC-1 forms 37

38. Credentialing Process High-Level
Reporter Engagement
OAL Form
EUAC Form
Reporter Credentialing
Subscriber Request Form (SRF)
Reporter Application Activation
RC-1 Form
*It is important that the steps are complete in a sequential manner, as each one is dependent upon the successful completion of its predecessor. 38

39. 1. OAL Forms Official Authorization List (OAL) Form
Names, titles, and signatures of the individuals authorized to transact business and to issue instructions on behalf of the organization
Signed, notarized and mailed to FRB Accounting Dept.
OAL Questions should be directed to the Federal Reserve Bank of Minneapolis 39

40. 1. Designating EUACs
Those who have the authority to designate authorized individuals (Subscribers) who will transact business via Reporting Central
All organizations need to complete a separate (EUAC) form for each individual identified as needing EUAC authority
The EUAC forms must be signed by an authorized approver listed on organizations’ OAL
Questions about the EUAC form should be directed to the CCC
We recommend appointing at a minimum two individuals as End User Authorization Contacts (EUACs) 40

41. Who is the EUAC for my organization?
We are not permitted to tell respondents who the EUACs are at their organization
If you need to determine who your EUAC is, please contact the CCC
CCC contact information: , option 1 41

42. 2. Reporter Credentialing
Once an organization has an OAL and an EUAC they may begin the reporter credentialing process
An organization's EUAC should submit a separate Subscriber Request Form via the EUAC Center
The Subscriber Request Form (SRF) authorizes the FRB to issue a token granting the Subscriber access to the Reporting Central application
Questions about the SRF form should be directed to the CCC 42

43. 3. Reporter Application Activation
In order for a Subscriber to gain access to a particular series, the EUAC must also complete the Federal Reserve Bank Subscriber Access Request Form (RC-1)
The forms are completed/signed by the EUAC and are ed to the Reporting Central District Contact
NOTE: A separate form must be submitted for each legal entity that you require access to submit on behalf of 43

44. RC- 1 Form 44

45. RC- 1 Form (cont.) 45

46. Frequent RC-1 Form Errors
Institutions using ABA, routing numbers or FDIC identification number in place of RSSD
RSSD is a unique, but publically known Federal Reserve identifier
Subscribers requesting access to a series under the wrong entity
Example: Requesting access for a bank to file the FRY6
EUACs/new subscribers signing their name in the last section titled “For Federal Reserve Banks Use Only” 46

47. Credentialing Resources
Reporting Central Resource Center
Reporting Central Application Setup
Reporting Central District Contact
Federal Reserve Bank Subscriber Access Request Form (RC-1) 47

48. Resources Philadelphia Fed FR Y-6 Page
Atlanta Fed Interactive Training Video
Reporting Central
Reporting Central External User Guides 48

49. Questions and Contacts
FR Y-6
Christine Astillero
Robbin Brown
John Opalack
Jeff Willis
Reporting Central
Michael Sambucci
Brendan O’Hara 49