Federal Deposit Insurance Corporation, Federal Reserve Board and Office of the Comptroller of the Currency propose FFIEC 031 Call Report revisions for GSIB leverage buffer reporting

The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency, under the auspices of the Federal Financial Institutions Examination Council, published a Federal Register proposal to revise the FFIEC 031 Consolidated Reports of Condition and Income (Call Report). The changes are intended to align regulatory reporting with the agencies’ proposed regulatory capital amendments covering, among other items, enhanced supplementary leverage ratio standards for U.S. global systemically important bank holding companies and their subsidiary depository institutions. The proposal would add two new line items to Schedule RC-R, Part I (Regulatory Capital Components and Ratios) to reflect leverage buffer standards, applicable only to depository institution subsidiaries of global systemically important bank holding companies. It would also revise FFIEC 031 instructions for reporting line items 53 (Eligible retained income) and 54 (Distributions and discretionary bonus payments during the quarter), including additional criteria tied to a depository institution’s leverage buffer standard and leverage buffer amount. The FFIEC 041 and FFIEC 051 Call Reports would be extended without revision, and the revised FFIEC 031 form and instructions would become effective with the first report date following the effective date of the capital proposal, if finalized. Comments are due by September 8, 2025, and the agencies indicated they plan to align any final reporting changes with changes made in a final version of the capital proposal.