Reporting FR Y-7 Initial

DRAFT

FR Y-7
OMB Number 7100-0297
Approval expires November 30, 2025
Page 1 of 4

Board of Governors of the Federal Reserve System

Annual Report of Foreign Banking Organizations—FR Y-7
Report at the close of business as of the end of fiscal year
This report form is authorized by law: Section 5(c)(1) of the Bank
Holding Company Act (12 U.S.C. § 1844(c)(1)) and sections 8(a)
and 13(a) of the International Banking Act (12 U.S.C. §§ 3106(a)
and 3108(a)).

Return to the appropriate Federal Reserve Bank the original and
number of copies of the completed report required by the
Federal Reserve Bank. The Federal Reserve may not conduct or
sponsor, and an organization (or a person) is not required to
respond to, an information collection unless it displays a currently
valid OMB control number.

NOTE: The Annual Report of Foreign Banking Organizations
must be signed by an authorized official of the foreign banking
organization.

Date of Report (foreign banking organization's fiscal year-end):

I,

Reporter's Name, Street, and Mailing Address

Month / Day / Year

Name of Foreign Banking Organization Authorized Official
Legal Name of Foreign Banking Organization (Top-tier if filing as a tiered organization)
Title of Foreign Banking Organization Authorized Official

attest that the Annual Report of Foreign Banking Organizations
(including the supporting attachments) for this report date have
been prepared in conformance with the instructions issued by the
Federal Reserve System and are true and correct to the best of
my knowledge and belief.
With respect to information regarding individuals contained in this
report, the Reporter certifies that it has the authority to provide this
information to the Federal Reserve. The Reporter also certifies
that it has the authority, on behalf of each individual, to consent or
object to public release of information regarding that individual.
The Federal Reserve may assume, in the absence of a request for
confidential treatment submitted in accordance with the Board's
"Rules Regarding Availability of Information," 12 C.F.R. Part 261,
that the Reporter and individual consent to public release of all
details in the report concerning that individual.

Street Address of the Foreign Banking Organization
City

Country

Mailing Address of the Principal Office (If different from street address)
City

Country

Person in the United States to whom questions about this report
should be directed:
Name

Title

Street
City

State

Area Code / Phone Number

Area Code / FAX Number

Signature of Foreign Banking Organization Authorized Official

E-mail Address

Date of Signature

Address (URL) for the Foreign Banking Organization's web page

Indicate status of Annual Report to Shareholders:
is included with the FR Y-7 report
will be sent under separate cover
is not prepared

For Federal Reserve Bank Use Only
RSSD ID
C.I.

Zip Code

0=No
Is confidential treatment requested for any portion of
this report submission? .................................... 1=Yes

In accordance with the General Instructions for this report
(check only one),
1. a letter justifying this request is being provided along
with the report ........................................................
2. a letter justifying this request has been provided separately ...
NOTE: Information for which confidential treatment is being requested
must be provided separately and labeled
as "confidential."

Public reporting burden for the information collection in the FR Y-7 is estimated to average 6 hours per response, including time to gather and maintain data in the required form and to
review instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for
reducing this burden to: Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551, and to the Office of Management
and Budget, Paperwork Reduction Project (7100-0297), Washington, DC 20503.
12/2022

2024

FR Y-7
Page 2 of 4

DRAFT

Checklist

The checklist below is provided to assist the reporting foreign banking organization in filing all the necessary responses to the various
report items. Each report item should be checked and the appropriate blanks filled in. The completed checklist should be returned with
the report.
Check the Yes, No, or N/A checkbox below, as appropriate, to indicate if the report item is included with the initial filing.

Report Item 1: Financial Information Regarding the Foreign Banking Organization (FBO)
Yes

No

Yes

1(a) Response provided in Attachment(s) #
1(b) Response provided in Attachment(s) #

Report Item 2: Organization Information for the FBO
2(a) Response provided in Attachment(s) #

Yes
Yes

N/A

2(b) Response provided in Attachment(s) #

Report Item 3: Shares and Shareholders
Yes

3(a) Response provided on Report Page #

or in Attachment(s) #

Yes

No

3(b) Response provided on Report Page #

or in Attachment(s) #

Yes

No

3(c) Response provided on Report Page #

or in Attachment(s) #

Report Item 4: Eligibility as a Qualified Foreign Banking Organization (QFBO)
Yes

No

Items 4(e) and 4(f) have been completed and provided
on Report Page #
or in Attachment(s) #

Yes

N/A

Items 4(j) and 4(k) have been completed and provided
on Report Page #
or in Attachment(s) #

Yes

N/A

Items 4(l) and 4(m) have been completed and provided
on Report Page #
or in Attachment(s) #

Report Item 5: Regulation YY Compliance for the FBO
Yes

No

Items 5(a) through 5(e) have been completed and provided
on Report Page #

03/2018

DRAFT

FR Y-7
Page 3 of 4

For Use by Tiered Foreign Banking Organizations
Tiered foreign banking organizations must list the legal name, mailing address, and physical location of subsidiary foreign banking
organizations below. Refer to Who Must Report in the general instructions for filing by tiered foreign banking organizations.

A. For the fiscal year ending on
Month / Day / Year

Legal name of subsidiary foreign banking organization:
Mailing address of head office:
Street

Country

City

Physical location of principal office:
(not mailing address)

Street

City

Country

Name and address of authorized official in the United States:
Name

Street

City

State

Area Code / Phone Number

ZIP Code

Area Code / FAX Number

E-mail Address

I,
Name

Title

an authorized official of the company named above, certify that this Annual Report of Foreign Banking Organizations has been
prepared in conformance with the report instructions.

Signature of Authorized Official

Date

12/2006

DRAFT

FR Y-7
Page 4 of 4

For Use by Tiered Foreign Banking Organizations—Continued
If the Foreign Banking Organization has more than two tiers, use additional pages as needed.

B. For the fiscal year ending on
Month / Day / Year

Legal name of subsidiary foreign banking organization:
Mailing address of head office:
Street

City

Physical location of principal office:
(not mailing address)

Country

Street

City

Country

Name and address of authorized official in the United States:
Name

Street

City

State

Area Code / Phone Number

ZIP Code

Area Code / FAX Number

E-mail Address

I,
Name

Title

an authorized official of the company named above, certify that this Annual Report of Foreign Banking Organizations has been
prepared in conformance with the report instructions.

Signature of Authorized Official

Date

12/2006

Report Item 1: Financial Information Regarding the Foreign
Banking Organization (FBO)
1.a.1. Have the financial statements been certified
by an independent public accountant?
1.a.2. Do the financial statements consolidate all
material subsidiaries that are majority-owned financial
companies?
1.a.3. Do the financial statements reflect any significant changes in
accounting standards or policies used in preparing such statements
since the last filing of the FRY-7?

0=No
1=Yes

MDRM
#

0=No
1=Yes

MDRM
#

0=No
1=Yes

MDRM
#

1.a.4. If reporter responded "Yes" to item 1.a.3, please describe the
changes. ………………………………………………………………………………………………….MDRM #

Report Item 1(b) Annual Report to Shareholders
Indicate the status of Annual Report to Shareholders for each
FBO reported.

MDRM
XXXX

Annual Report to Shareholders is included with the FR Y-7 report.
Annual Report to Shareholders will be sent under separate cover.
Annual Report to Shareholders is not prepared.

Report Item 2(a)2. Additional entities reportable on the FR Y-7 Organization Chart. Report nonbanking companies the reporter directly or
indirectly in aggregate controls more than 5%, but less than 25% of the outstanding shares of any class of voting securities. (MDRMs will be
added to each item). ADD MDRMs
2(a)2(a). Legal Name MDRM

2(a)2(b) City
MDRM

2(a)2(c) Country or
State MDRM

2(a)2(d). Country or
State of Incorporation
MDRM

2(a)2(e). LEI MDRM

2(a)2(f) Direct Holder MDRM

Report Item 2(b): Foreign companies held pursuant to section 2(h)(2) of the BHC Act and Section 211.23(f)(5) of Regulation K, or Section 4(c)(9)
of the BHC Act and Section 211.23(f)(5) of Regulation K.
Does the FBO have any additional foreign companies held pursuant to Section 2(h)(2) of the BHC Act and Section 211.23(f)(5) of Regulation K, or

Section 4(c)(9) of the BHC Act and Section 211.23(f)(5) of Regulation K? 

2(b)1(a)1.
Legal
Name
MDRM
XXXX

2(b)1(a)2.
City
MDRM
XXXX

2(b)1(a)3.
Country
MDRM
XXXX

2(b)1(b).
Legal Entity
Identifier
(LEI)
MDRM
XXXX

2(b)1(c).
Percentage of
Class of
Voting Shares
Held
MDRM XXXX

0 = No
1 = Yes
MDRM XXXX
2(b)1(d)1.
Percent of
consolidated
assets that
are in the
U.S.
MDRM XXXX

2(b)1(d)2.
Percent of
gross
revenues
derived from
the U.S.
MDRM XXXX

2(b)2(a).
Is the foreign
company a
subsidiary? 0
= No, 1 = Yes
MDRM XXXX

2(b)2(b).
Are the U.S.
activities the
same/related
to those
conducted
abroad?
0=No
1=Yes
MDRM XXXX

1.

2

3.

2(b)2(c).
NAICS Code
of U.S.
activities
MDRM XXXX

Report Item 3: Shares and Shareholders
Name of FBO:

Item 3(a) Number and Types of Shares
3(a)1. Type of
Shares
MDRM XXXX

3(a)2. Number of
Shares
Authorized,
Issued or Held
MDRM XXXX

3(a)3.
Description of
Voting Rights
and any
agreement that
limit the voting of
such shares
MDRM XXXX

Item 3(b) Nonbearer Securities
Does the FBO have nonbearer securities? MDRM XXXX No = 0 Yes = 1
If the response is “yes,” list each known shareholder that directly or indirectly owns, controls, or holds with power to vote 5 percent or
more of any class of nonbearer securities (see Regulation Y, Section 225.2(q)(3) (defining "class of voting shares")) of the FBO.
Provide the following information for each.
3(b)1(a).
Name
MDRM
XXXX

3(b)1(b). Street
Address of
Principal
Residence for
Individuals, or
of head office
for companies
MDRM XXXX

3(b)1(c). City
MDRM XXXX

3(b)2.
Country of
Citizenship
or of
organization
MDRM
XXXX

3(b)3(a).
Number of
each class of
nonbearer
securities (or
their
equivalent)
owned,
controlled, or
held with
power to vote
MDRM XXXX

3(b)3(b).
Percentage of
each class of
nonbearer
securities (or
their equivalent)
owned,
controlled, or
held with power
to vote
MDRM XXXX

Item 3(c) Bearer Securities
Does the FBO have bearer securities? Yes =1, No = 0
If the response is “yes,” list each known shareholder that directly or indirectly owns, controls, or holds with power to vote 5 percent or more of any
class of bearer securities (see Regulation Y, Section 225.2(q)(3) (defining "class of voting shares")) of the FBO. Provide the following
information for each.
3(c)1(a).
Name
MDRM
XXXX

3(c)1(b). Street
Address of
Principal
Residence for
Individuals, or
of head office
for companies
MDRM XXXX

3(c)1(c). City
MDRM XXXX

3(c)2.
country of
citizenship or
of
organization
MDRM
XXXX

3(c)3(a).
Number of
each class of
bearer
securities (or
their
equivalent)
owned,
controlled, or
held with
power to vote
MDRM XXXX

3(c)3(b).
Percentage of
each class of
bearer securities
(or their
equivalent)
owned,
controlled, or
held with power
to vote MDRM
XXXX

Report Item 4: Eligibility as a Qualified Foreign Banking Organization (QFBO)
Top-tier Foreign Banking Organization (FBO) should complete this report item 4 by responding to any of the two of the
three indicated criteria (assets, revenues, net income) below.
(MDRM’s needed for each item)

4(a) QFBO Test. Report amounts for two of the three criteria below to illustrate eligibility by top-tier FBO
Currency Type
Currency Amount
a) total non-U.S. banking
1. Assets:
b) total U.S. banking
c) total worldwide nonbanking
a) total non-U.S. banking
2. Revenues derived from:
b) total U.S. banking
c) total worldwide nonbanking
a) total non-U.S. banking
3. Net Income derived from:
b) total U.S. banking
c) total worldwide nonbanking

MDRM
MDRM
MDRM
MDRM
MDRM
MDRM
MDRM
MDRM
MDRM

Report Item 4(b): Eligibility Test for Limited Exemptions. Institutions should indicate in the checkbox below whether they
are a top-tier or a subsidiary FBO.
Top-tier FBO should report item 4(b) only if it does not meet the requirements for eligibility as a QFBO in report item 4(a).
If the FBO claims the limited exemptions pursuant to Section 211.23(c) of Regulation K, then each foreign bank included within the
FBO should report Item 4(b). Please see the General instructions for additional information on who must report. Use additional pages
as needed.
Enter 0 for no or 1 for yes to indicate whether the respondent is the top-tier FBO or subsidiary:
Top-tier FBO

Foreign Bank within the FBO

Name of FBO:
4(b) Limited Exemptions Test. Respond to any of the two of the three criteria for eligibility by reporting the applicable amounts.
Currency Amount
1. Assets:

2. Revenues derived from:

3. Net Income derived from:

a) total non-U.S. banking
b) total U.S. banking
c) total worldwide nonbanking
a) total non-U.S. banking
b) total U.S. banking
c) total worldwide nonbanking
a) total non-U.S. banking
b) total U.S. banking
c) total worldwide nonbanking

Currency Type
MDRM
MDRM
MDRM
MDRM
MDRM
MDRM
MDRM
MDRM
MDRM

Report Item 5: Regulation YY Compliance for the FBO 
5(a) Satisfies the capital stress-testing standards set forth in 12 CFR
238.162
FSLHC with total consolidated assets of more than $250 billion

…...........

0=No
1=Yes
2=N/A

MDRM
#

5(b) Maintains a U.S. risk committee in compliance with the riskcommittee requirements of 12 CFR 252.132(a)
FBO with total consolidated assets of at least $50 billion but less than
$100 billion

…...........

0=No
1=Yes
2=N/A

MDRM
#

5(c) Maintains a U.S. risk committee in compliance with 12 CFR
252.144(a)
FBO with total consolidated assets of $100 billion or more but combined
U.S. assets of less than $100 billion

…...........

0=No
1=Yes
2=N/A

MDRM
#

5(d) Satisfies the capital stress-testing standards set forth in 12 CFR
252.146(b)
FBO with total consolidated assets of $100 billion or more but combined
U.S. assets of less than $100 billion

…...........

0=No
1=Yes
2=N/A

MDRM
#

5(e) Satisfies the capital stress-testing standards set forth in 12 CFR
252.158(b)
FBO with combined U.S. assets of $100 billion or more and combined
U.S. assets of $100 billion or more

…...........

0=No
1=Yes
2=N/A

MDRM
#