Capital and Asset Report for Foreign Banking Organizations (Annual)

Reports of Foreign Banking Organizations

FRY7Q_20161231_i

Capital and Asset Report for Foreign Banking Organizations (Annual)

OMB: 7100-0125

⚠️ Notice: This form may be outdated. More recent filings and information on OMB 7100-0125 can be found here:

Document [pdf]

Download: pdf | pdf

Board of Governors of the Federal Reserve System

Instructions for Preparation of

The Capital and Asset Report for Foreign Banking Organizations

Reporting Form FR Y-7Q

INSTRUCTIONS FOR PREPARATION OF

The Capital and Asset Report
for Foreign Banking Organizations
FR Y-7Q

General Instructions
The Capital and Asset Report for Foreign Banking
Organizations (FR Y-7Q) requires financial information
from foreign banking organizations (FBOs).

Who must report
The FR Y-7Q must be filed by each top-tier FBO. The
report consists of three parts.
1) Part 1A - Capital and Asset Information for the
Top-tier FBO.
• Reported quarterly by each top-tier FBO if the FBO
or any FBO in its tiered structure has effectively
elected to be a financial holding company (FHC).
Also, reported quarterly by each top-tier FBO that
has total consolidated assets of $50 billion or more
as of the report date, regardless of FHC status. Once
an FBO has total consolidated assets of $50 billion
or more, the FBO should begin quarterly reporting
of Part 1A and Part 1B as of the first quarter the
total assets reached $50 billion or more. The FBO
must continue to report Part 1A and Part 1B quarterly unless and until the FBO has reported total
consolidated assets of less than $50 billion for each
of all four quarters in a full calendar year. Therefore, an FBO without FHC status should revert to
annual reporting, in accordance with the instructions for annual reporting below. If at any time,
after reverting to annual reporting, an FBO without
FHC status has total consolidated assets of $50
billion or more, the FBO must return to quarterly
reporting of Part 1A and Part 1B immediately.
• Reported annually by each top-tier FBO if (1) the
FBO or any FBO in its tiered structure has not
effectively elected to be an FHC and (2) the FBO
has total consolidated assets of less than $50 billion
as of the report date.
FR Y-7Q
General Instructions December 2016

2) Part 1B - Capital and Asset Information for Top-tier
Foreign Banking Organizations with Consolidated
Assets of $50 billion or more.
• Reported quarterly by each top-tier FBO that has
total consolidated assets of $50 billion or more.
3) Part 2 - Capital and Asset Information for Lower-tier
FBOs Operating a Branch or an Agency, or owning an
Edge or Agreement Corporation, or a commercial
lending company subsidiary in the United States.
• Reported quarterly for each lower-tier FBO (where
applicable) operating a branch or an agency, or
owning an Edge or Agreement corporation, or a
commercial lending company subsidiary in the
United States, if it or any FBO in its tiered structure
has FHC status.
Generally, the top-tier reporter of the FR Y-7Q is the
same as the top-tier reporter for the annual FR Y-7 report.
With certain tiered FBOs, however, the initial determination of the top-tier reporter for FR Y-7Q reporting
purposes may require consultation with Federal Reserve
staff. This determination will be based primarily on
whether the top-tier reporter provides capital ratio information to its home country authorities. For example, a
top-tier entity that is an insurance company and does not
provide capital ratio information to home country authorities will likely not have to provide capital ratio information on the FR Y-7Q; in this case, the next-highest tier
that provides capital and asset information to home
country authorities would likely be deemed the top-tier
entity for capital and asset reporting on the FR Y-7Q. For
any items being translated from foreign currency denominations, the foreign currency translation rate should be
the rate effective on the as-of date of the report.
All financial data should be reported in U.S. dollars, as
indicated on the reporting form.
GEN-1

General Instructions

Page 1
Page 1 of the report must include the legal name of the
FBO filing the FR Y-7Q and the mailing address. The
name, telephone number and e-mail address of a contact
at the FBO to whom questions about the report(s) may be
directed must be indicated.

Legal Name of Foreign Banking
Organization
The legal name must be the same name that is specified
on the Report of Changes in Organizational Structure
(FR Y-10).

Submission of Reports
Submission Date
The report date for FBOs that must report annually is
December 31. The preferred reporting period is for the
12-month calendar year ending December 31. However,
FBOs are permitted to report based on their most recent
12-month fiscal year, if their fiscal year differs from the
12-month calendar year ending December 31. Report the
‘‘as-of’’ date in Part 1A, item 8, in the YYYYMMDD
format. For example, if a reporter’s fiscal year ends on
October 31, 2002, then Part 1A, item 8 of the FR Y-7Q
filed for December 31, 2002 would read 20021031.
The reporting dates for FBOs that must report quarterly
are March 31, June 30, September 30, and December 31.
The preferred reporting periods correspond with the
12-month calendar year ending December 31 (i.e., for the
three months ending March 31, six months ending
June 30, nine months ending September 30, and twelve
months ending December 31). However, an FBO is
permitted to report at different periods if its fiscal year
differs from the 12-month calendar year ending December 31. Report the ‘‘as-of’’ dates in Part 1A, item 8, and
Part 2, item 6 (if applicable). However, these reports must
be submitted on the quarter-end dates, similar to the
manner described above for year-end dates.

Where to Submit Reports
This report must be received by the appropriate Federal
Reserve Bank no more than 90 calendar days after the
report date. The earlier submission would aid the Federal
Reserve in reviewing and processing the report and is
encouraged. Cases in which home country practices do
GEN-2

not allow for reporting within 90 days might justify an
extension, but only after consultation with Federal Reserve
staff. If this deadline cannot be met, the FBO must advise
the appropriate Federal Reserve Bank as soon as possible, and normally not later than 30 calendar days before
the deadline, and request an extension, stating the reason
for the request and the date on which the information will
be filed. The reports are due by the end of the reporting
day on the submission date (i.e., 5:00 P.M. at each of the
Federal Reserve Banks). The filing of this report will be
considered timely, regardless of when the reports are
received by the appropriate Federal Reserve Bank, if
these reports are mailed and postmarked no later than the
third calendar day preceding the submission deadline. In
addition, the hand delivery of the completed original
reports on or before the submission deadline to the
location to which the reports would otherwise be mailed
is an acceptable alternative to mailing such reports. If the
submission deadline falls on a weekend or holiday, the
report must be received by 5:00 P.M. on the first business
day after the weekend or holiday. Any report received
after 5:00 P.M. on the first business day after the weekend
or holiday deadline will be considered late unless it has
been postmarked three calendar days prior to the original
weekend or holiday submission deadline (original deadline), or the institution has a record of sending the report
by overnight service one day prior to the original deadline.

Confidentiality
Information disclosed in these reports is collected as part
of the Board’s supervisory process and may be accorded
confidential treatment under Exemption 8 of the Freedom
of Information Act (FOIA) (5 U.S.C. § 552(b)(8)), but
information that is required to be disclosed publicly is
generally not considered confidential. The completed
version of this report generally is available to the public
upon request on an individual basis 120 days after the
quarterly or annual as-of-dates. However, individual
respondents may request that certain data be protected
pursuant to Exemptions 4 and 6 (5 U.S.C. § 552(b)(4) &
(6)) of FOIA, where such data relates to trade secrets and
financial information, or to personal information, respectively. The applicability of these exemptions would have
to be determined on a case-by-case basis. A reporting
FBO may request confidential treatment if it is of the
opinion that disclosure of specific commercial or financial information in the report would likely result in
FR Y-7Q
General Instructions December 2016

General Instructions

substantial harm to its competitive position, or that
disclosure of the submitted information would result in
unwarranted invasion of personal privacy. A request for
confidential treatment beyond the initial 120 days must
be submitted in writing concurrently with the submission
of the report. The request must discuss in writing the
justification for which confidentiality is requested and
must demonstrate the specific nature of the harm that
would result from public release of the information.
Merely stating that competitive harm would result or that
information is personal is not sufficient.
WHEN
CONFIDENTIAL
TREATMENT
IS
REQUESTED, PAGE 1 SHOULD BE LABELED
‘‘CONFIDENTIAL.’’ THIS INFORMATION SHOULD
BE SPECIFICALLY IDENTIFIED AS BEING CONFIDENTIAL.
The Federal Reserve may subsequently release information for which confidential treatment is requested if the
Board of Governors determines that the disclosure of
such information is in the public interest. If the Federal
Reserve deems it necessary to release confidential data,
the respondent will be notified before it is released.

Signatures
The Capital and Asset Report for Foreign Banking
Organizations must be signed as indicated on page 1 by a
duly authorized officer of the FBO. By signing page 1 of
this report, the authorized officer acknowledges that any
knowing and willful misrepresentation or omission of a
material fact on this report constitutes fraud in the
inducement and may subject the officer to legal sanctions
provided by 18 USC 1001 and 1007.

Amended Reports
The Federal Reserve may require the filing of an amended
Capital and Asset Report for Foreign Banking Organizations if reports as previously submitted contain significant errors. In addition, an FBO should file an amended
report when internal or external auditors make audit
adjustments that result in a restatement of financial
statements affecting reports previously submitted to the
Federal Reserve. In the event that the required data is
not available, respondents should contact the appropriate
Federal Reserve Bank for information on submitting
revisions.
FR Y-7Q
General Instructions December 2016

Monitoring of Regulatory Reports
Federal Reserve Banks will monitor the filing of all
regulatory reports to ensure that they are filed in a timely
manner and are accurate and not misleading. Reporting
deadlines are detailed in Submission Date section of
these general instructions. Additional information on the
monitoring procedures are available from the Federal
Reserve Banks.

PART 1A—Capital and Asset Information
for the Top-tier Foreign Banking
Organization
The capital and asset information provided in Part 1A
should be reported by the top-tier FBO. See the ‘‘Who
must report’’ section to determine the frequency of
reporting for Part 1A. The Federal Reserve may require a
FR Y-7Q reporter to submit supporting calculations and
definitions of its components of capital if deemed necessary.
Line Item 1 Is the foreign banking organization
required by its home country supervisor to calculate
its capital ratios using a risk-adjusted framework
consistent with the Basel Capital Accord?
Enter a ‘‘1’’ for ‘‘yes’’ if home country supervisor of the
FBO has adopted and utilizes risk-based standards consistent with the Basel Capital Accord. Enter a ‘‘0’’ for
‘‘no’’ if the FBO is not required to apply standards
consistent with the Basel Capital Accord. If ‘‘yes,’’
provide capital and asset information using the procedures consistent with the risk-based framework required
by the home country supervisor. If ‘‘no,’’ provide the
organization’s best approximation of the capital and asset
information.
Line Item 2 Tier 1 capital.
Report the amount of Tier 1 capital, on a consolidated
basis, as reported by the institution to its home country
supervisor under the Basel Capital Accord if the answer
to Part 1A, item 1 is ‘‘yes.’’ If the answer to Part 1A,
item 1 is ‘‘no,’’ then report by using the closest possible
approximation.
If the FBO’s calculation of Tier 1 capital (calculated in
accordance with the methodologies established by the
home country supervisor) differs from the calculation of
this item in accordance with capital adequacy standards
GEN-3

General Instructions

consistent with the Basel capital framework, as defined in
Regulation YY (12 CFR Part 252.143 and 252.154), then
the FBO should provide pro-forma estimates for Tier 1
capital in Part 1B, item 3; otherwise, the FBO must leave
this item (Part 1A, item 2) blank. [If, notwithstanding
differences between the calculation methodology provided in the home country capital adequacy framework
and the Basel capital framework, these items are identical
in Part 1A and Part 1B, Tier 1 capital in Part 1A, item 2,
is derived from the data entered in Part 1B, item 3, by the
FBO.]

Line Item 3 Total risk-based capital.
Report the amount of total risk-based capital, on a
consolidated basis, as reported by the institution to its
home country supervisor under the Basel Capital Accord
if the answer to Part 1A, item 1 is ‘‘yes.’’ If the answer to
Part 1A, item 1 is ‘‘no,’’ then report by using the closest
possible approximation.
If the FBO’s calculation of Total risk-based capital
(calculated in accordance with the methodologies established by the home country supervisor) differs from the
calculation of this item in accordance with capital
adequacy standards consistent with the Basel capital
framework, as defined in Regulation YY (12 CFR Part
252.143 and 252.154), then the FBO should provide
pro-forma estimates for Total risk-based capital in Part
1B, item 5; otherwise, the FBO must leave this item (Part
1A, item 3) blank. [If, notwithstanding differences
between the calculation methodology provided in the
home country capital adequacy framework and the Basel
capital framework, these items are identical in Part 1A
and Part 1B, Total risk-based capital in Part 1A, item 3, is
derived from the data entered in Part 1B, item 5, by the
FBO.]

Line Item 4 Risk-weighted assets.
Report the amount of risk-weighted assets, on a consolidated basis, as reported by the institution to its home
country supervisor under the Basel Capital Accord if the
answer to Part 1A, item 1 is ‘‘yes.’’ If the answer to
Part 1A, item 1 is “no,” then report by using the closest
possible approximation.

GEN-4

Line Item 5 Total consolidated assets at the end of
the reporting period.
Report the total assets, on a consolidated basis, at the end
of the reporting period.

Line Item 6 Total combined assets of U.S.
operations, net of intercompany balances and
transactions between U.S. domiciled affiliates,
branches, and agencies.
Report the total combined assets of the top-tier FBO’s
U.S. domiciled affiliates,1 branches, and agencies. In
situations where a U.S. domiciled affiliate is a parent of
one or more subsidiaries, including subsidiaries of subsidiaries, the FBO should consolidate assets of the affiliate and its subsidiaries at the top-tier U.S. domiciled
affiliate, in accordance with U.S. GAAP, and then the
total consolidated assets (or total assets, as applicable) of
each top-tier U.S. domiciled affiliate, branch, and agency
should be combined. Total combined assets reported by
top-tier FBOs should exclude intercompany balances and
intercompany transactions between the FBO’s U.S. domiciled affiliates, branches, or agencies to the extent such
items are not already eliminated in consolidation. However, total combined assets reported by top-tier FBOs
should include net intercompany balances and intercompany transactions between a non-U.S. domiciled affiliate
and a U.S. domiciled affiliate, branch, or agency of the
FBO.
In cases where a U.S. affiliate has a gross due from
balance with a foreign affiliate and a gross due to balance
with that same affiliate, the gross due from balance and
gross due to balance are netted. If the result of the netting
equals a net due from balance, the net due from balance is
added to the asset calculation for item 6. A net due to
balance of a U.S. affiliate with a foreign affiliate is not
subtracted from the combined assets reported in item 6.
Please refer to the following example for further clarification.
1. Total combined assets of the top-tier FBO’s U.S. domiciled affiliates
should exclude the assets of section 2(h)(2) companies as defined in
section 2(h)2 of the Bank Holding Company Act (12 U.S.C. 1841(h)(2)).

FR Y-7Q
General Instructions December 2016

General Instructions

Example:
U.S. Affiliate ‘‘A’’ transactions

U.S. Affiliate ‘‘B’’ transactions

Due to Foreign Affiliate 1

$ (50)

Due to Foreign Affiliate 1

$ (75)

Due from Foreign Affiliate 1

$ 10

Due from Foreign Affiliate 1

$ 90

Net due to Foreign Affiliate 1

$ (40)

Net due from Foreign Affiliate 1

$ 15

Due to Foreign Affiliate 2

$ (20)

Due to Foreign Affiliate 2

$ (800)

Due from Foreign Affiliate 2

$ 45

Due from Foreign Affiliate 2

$ 1,000

Net due from Foreign Affiliate 2

$ 25

Net due from Foreign Affiliate 2

$ 200

U.S. Affiliate ‘‘A’’ would have a net due from of $25

U.S. Affiliate ‘‘B’’ would have a net due from of $215

The intercompany transactions are combined by adding U.S. Affiliate ‘‘A’’ ($25) plus U.S. Affiliate ‘‘B’’ (which
includes two net due from balances $200 + $15) arriving at a total net due from balance of $240.
For purposes of this report, a U.S. domiciled affiliate is
defined as a subsidiary, an associated company, or an
entity treated as an associated company (e.g., a corporate
joint venture) as set forth in the instructions for the
Consolidated Financial Statements for Holding Companies (FR Y-9C). Additionally, the determination of
whether an affiliate of an FBO shall be consolidated shall
be made in accordance with the FR Y-9C. Investments by
a top-tier FBO in unconsolidated U.S. domiciled affiliates
shall be accounted for under the equity method.
Line Item 7 Total U.S. non-branch assets.
Report the total U.S. non-branch and agency assets of the
top-tier FBO’s U.S. domiciled affiliates. Total U.S. nonbranch and agency assets are the sum of the total
combined assets of a top-tier FBO’s top-tier U.S. domiciled affiliates excluding the assets of its U.S branches
and agencies. Total combined assets of the top-tier
FBO’s U.S. domiciled affiliates should also exclude the
assets of section 2(h)(2) companies as defined in section
2(h)2 of the Bank Holding Company Act (12 U.S.C.
1841(h)(2)) and debt previously contracted (DPC) branch
subsidiaries.
FR Y-7Q
General Instructions December 2016

In situations where a top-tier U.S. domiciled affiliate is a
parent of one or more subsidiaries, the top-tier FBO
should consolidate the assets of the affiliate and its
subsidiaries, in accordance with U.S. Generally Accepted
Accounting Principles (GAAP), and the total consolidated assets (or total assets, as applicable) of each top-tier
U.S. domiciled affiliate should be combined. Where a
top-tier U.S. domiciled subsidiary is not consolidated
with the FBO for GAAP purposes, that entity shall be
accounted for under the equity method and the sum of the
amount of the investments should be included in the sum
of the total combined assets of top-tier U.S. domiciled
affiliates. The sum of the total combined assets of top-tier
U.S. domiciled affiliates reported by a top-tier FBO
should exclude intercompany balances and intercompany
transactions between the FBO’s U.S. domiciled affiliates
to the extent such items are not already eliminated in
consolidation. However, the sum of the total combined
assets of top-tier U.S. domiciled affiliates reported by a
top-tier FBO should include asset exposures to U.S.
branches, or agencies of the FBO and to non U.S.
domiciled affiliates. In cases where the non U.S. domiciled affiliate is already consolidated with a top-tier U.S.
domiciled affiliate these exposures are excluded.
GEN-5

General Instructions

For purposes of this item, U.S. domiciled affiliate is
defined as a subsidiary, an associated company, or an
entity treated as an associated company (e.g., a corporate
joint venture) as set forth in the instructions for the
Consolidated Financial Statements for Holding Companies (FR Y-9C).
Line Item 8 Enter the as-of date for the financial
data provided above.

items 3 and 5. [If, notwithstanding differences between
the calculation methodology provided in the home country capital adequacy framework and the Basel capital
framework, these items are identical in Part 1A and Part
1B, Tier 1 capital (item 2) and Total risk-based capital
(item 3) in Part 1A are derived from the data entered Part
1B, items 3 and 5, by the FBO, respectively.]
Line item 1 Common equity tier 1 capital.

Report in item 8 the as-of date for the financial data
reported in items 2–7. Report the date in YYYYMMDD
format. For example, if the as-of date is December 31,
2002, the entry would be 20021231. If a reporter’s fiscal
year does not follow the reporting pattern as defined
above under ‘‘Submission date,’’ then the as-of date for
the most recent data available should be reported in
item 8. For example, if a reporter’s fiscal year ends on
October 31, then item 8 of the FR Y-7Q filed for
December 31, 2002 would read 20021031. For quarterly
reporters a similar process would be followed, e.g., for a
report filed on March 31, 2003 the reporter would
provide data as-of January 31, 2003, item 8 would be
20030131.

Report the common equity tier 1 capital of the FBO on a
consolidated basis.

PART 1B—Capital and Asset Information
for Top-tier Foreign Banking
Organizations with Consolidated Assets of
$50 billion or more2

Line item 5 Total risk-based capital.

In the event that the home country supervisor of an FBO
with $50 billion or more in total consolidated assets has
not established capital adequacy standards that are consistent with the Basel capital framework, Regulation YY
requires such FBO to demonstrate that it would meet or
exceed capital adequacy standards consistent with the
Basel capital framework. In such cases, if the FBO’s
calculation of Tier 1 capital (Part 1A, item 2) and Total
risk-based capital (Part 1A, item 3) (calculated in accordance with the methodologies established by the home
country supervisor) differs from the calculation of those
items in accordance with capital adequacy standards
consistent with the Basel capital framework as defined in
Regulation YY (12 CFR Part 252.143 and 252.154), then
the FBO should provide pro-forma estimates in Part 1B,

Report the capital conservation buffer of the FBO on a
consolidated basis as a percentage of risk-weighted
assets, rounded to four decimal places. If this buffer does
not apply, then this item must be left blank. Enter “0” if
the respondent has none to report for a given as-of date.

Line item 2 Additional tier 1 capital.
Report the additional tier 1 capital of the FBO on a
consolidated basis.
Line item 3 Tier 1 capital.
Report the sum of items 1 and 2.
Line item 4 Tier 2 capital.
Report the tier 2 capital of the FBO on a consolidated
basis.

Report the sum of items 3 and 4.
Line item 6 Capital conservation buffer.

Line item 7
any).

Countercyclical capital buffer (if

Report the firm-specific countercyclical capital buffer as
calculated by the FBO on a consolidated basis as a
percentage of risk-weighted assets, rounded to four decimal places. If this buffer does not apply, then this item
must be left blank. Enter “0” if the respondent has none
to report for a given as-of date.
Line item 8 GSIB buffer.

2. See 12 CFR part 252, Enhanced Prudential Standards for Bank
Holding Companies and Foreign Banking Organizations, available at
http://www.gpo.gov/fdsys/pkg/FR-2014-03-27/pdf/2014-05699.pdf for
definitional support for these line items.

GEN-6

Report any global systemically important banking organization (GSIB) capital buffer, as applicable to the FBO
on a consolidated basis as a percentage of risk-weighted
FR Y-7Q
General Instructions December 2016

General Instructions

assets, excluding the capital buffers already reported on
lines 6 and 7, rounded to four decimal places. If the GSIB
buffer does not apply, then this item must be left blank.
Enter “0” if the respondent has none to report for a given
as-of date.
Line item 9 Compliance with restrictions on
capital distributions and discretionary bonus
payments associated with a capital buffer.
Enter a “1” for “yes” if the FBO is in compliance with
restrictions on capital distributions and discretionary
bonus payments associated with applicable capital buffers. Enter a “0” if the FBO is not in compliance with
restrictions on capital distributions and discretionary
bonus payments associated with applicable capital buffers.
NOTE: The following items are effective January 1,
2018, so the first filing would be for data reported as of
March 31, 2018. In each case, if the capital adequacy
framework of the home country supervisor is not consistent with the Basel capital framework, as defined in
Regulation YY, (12 CFR Part 252.143 and 252.154), the
FBO should report these items on a pro-forma basis.
Line item 10 Home country capital measure used
in the numerator of the Basel III leverage ratio.
Report the leverage capital measure of the FBO on a
consolidated basis, calculated according to the methodology established by the FBO’s home country supervisor.
(This line item will not be reported until March 31,
2018).
Line item 11 Home country exposure measure
used in the denominator for the Basel III leverage
ratio.
Report the exposure measure of the FBO on a consolidated basis, calculated according to the methodology
established by the FBO’s home country supervisor. (This
line item will not be reported until March 31, 2018).
Line item 12 Minimum home country leverage
ratio (if different from Basel III leverage ratio, as
applicable).
Report the minimum home country leverage ratio if the
home country supervisor has established a leverage ratio
separate from or in addition to the Basel III leverage
FR Y-7Q
General Instructions December 2016

ratio. (This line item will not be reported until March 31,
2018.)

PART 2—Capital and Asset Information
for Lower-tier FBOs Operating a Branch,
or an Agency, or Owning an Edge or
Agreement Corporation, or a Commercial
Lending Company Subsidiary in the
United States
Part 2 is to be completed only if the top-tier or lower-tier
FBO has FHC status. Part 2 pertains only to the capital
and asset information of lower-tier FBOs (information on
top-tier reporters is reported on Part 1A and Part 1B, not
on Part 2). This information is to be collected only if the
lower-tier FBO operates a branch or an agency, or owns
an Edge or Agreement corporation, or a commercial
lending company subsidiary in the United States. A
separate version of Part 2 should be submitted for each of
the top-tier reporter’s lower-tier FBOs that meet these
reporting requirements (e.g., if the top-tier reporter has
two lower-tier FBOs meeting the reporting requirements
for Part 2, a separate schedule of the Part 2 information
for each of the two lower-tier reporters must be provided).
The capital and asset information provided in Part 2
must be reported on a quarterly basis for any lower-tier
FBO meeting the reporting requirements defined above.
Items should be reported on a consolidated basis for each
lower-tier FBO. The Federal Reserve may require a lowertier FBO to submit supporting calculations and definitions of its components of capital if deemed necessary.
Legal title of lower-tier FBO that operates a branch
or an agency, or owns an Edge or Agreement
corporation or a commercial lending company
subsidiary in the United States
Enter the full name of the lower-tier FBO for which
capital and asset information is being provided.
Country of lower-tier FBO that operates a branch
or an agency, or owns an Edge or Agreement
corporation or a commercial lending company
subsidiary in the United States
Enter the country in which this lower-tier FBO is incorporated or has its principal location.
GEN-7

General Instructions

Line Item 1 Is the reporting lower-tier FBO
required by its home country supervisor to calculate
its capital ratios using a risk-adjusted framework
consistent with the Basel Capital Accord?
Enter a ‘‘1’’ for ‘‘yes’’ if the home country supervisor of
the lower-tier FBO has adopted and utilizes risk-based
standards consistent with the Basel Capital Accord. Enter
a ‘‘0’’ for ‘‘no’’ if the lower-tier FBO is not required to
apply standards consistent with the Basel Capital Accord.
If ‘‘yes’’, provide capital and asset information using the
procedures consistent with the risk-based framework
required by the home country supervisor. If ‘‘no’’, provide the lower-tier FBO’s best approximation of the
capital and asset information.
Line Item 2 Tier 1 capital.
Report the amount of Tier 1 capital, on a consolidated
basis, as reported by the lower-tier FBO to its home
country supervisor under the Basel Capital Accord if
the answer to Part 2, item 1 is ‘‘yes’’. If the answer to
Part 2, item 1 is ‘‘no’’, then report by using the closest
possible approximation.
Line Item 3 Total risk-based capital.
Report the amount of total risk-based capital, on a
consolidated basis, as reported by the lower-tier FBO to
its home country supervisor under the Basel Capital
Accord if the answer to Part 2, item 1 is ‘‘yes’’. If the
answer to Part 2, item 1 is ‘‘no’’, then report by using the
closest possible approximation.

GEN-8

Line Item 4 Risk-weighted assets.
Report the amount of risk-weighted assets, on a consolidated basis, as reported by the lower-tier FBO to its home
country supervisor under the Basel Capital Accord if the
answer to Part 2, item 1 is ‘‘yes’’. If the answer to Part 2,
item 1 is ‘‘no’’, then report by using the closest possible
approximation.
Line Item 5 Total consolidated assets at the end of
the reporting period.
Report the total assets of the lower-tier FBO, on a
consolidated basis, at the end of the reporting period.
Line Item 6 Enter the as-of date for the financial
data provided above.
Report in item 6 the as-of date for the financial data
reported in items 2–5. Report the date in YYYYMMDD
format. For example, if the as-of date is December 31,
2002, the entry would be 20021231. If a lower-tier
FBO’s fiscal year does not follow the reporting pattern as
defined above under ‘‘Submission date,’’ then the as-of
date for the most recent data available should be reported
in item 6. For example, if a lower-tier FBO’s fiscal year
ends on October 31, then item 6 of the FR Y-7Q filed
for December 31, 2002 would be 20021031. For quarterly reporters a similar process would be followed, e.g.,
for a report filed on March 31, 2003 the reporter would
provide data as-of January 31, 2003, item 6 would be
20030131.

FR Y-7Q
General Instructions December 2016

Validity (V) Edits for the FR Y‐7Q
(Effective as‐of December 31, 2016)
Each edit in the checklist must balance, rounding errors are not allowed.
Series Effective Effective
Start Date End Date
FRY7Q 20161231 99991231

Schedule Edit Type Edit
TargetItem
Edit
Number
Change
Revised Part 1A and Validity
1001
1
Part 2

MDRM
Edit Test
Number
FBOQB162 Part 1A or Part 2, Item 1 must
equal 0 (no) or 1 (yes).

Alg Edit Test

FRY7Q 20161231

99991231

Revised Page 1

Validity

1010

SROFFRNM

FBOQC490 Printed Name of Officer must
not be null.

fboqc490 ne null

FRY7Q 20161231

99991231

Revised Page 1

Validity

1012

TITLEOFOFF

FBOQC491 Title of Officer must not be null. fboqc491 ne null

FRY7Q 20161231

99991231

Revised Page 1

Validity

1014

DATESIGN

FBOQJ196

FRY7Q 20161231

99991231

Revised Page 1

Validity

1028

CONTACTN

FBOQ8901 Name/Title of U.S. Contact must fboq8901 ne null
not be null.

FRY7Q 20161231

99991231

Revised Page 1

Validity

1030

CONTACTP

FBOQ8902 Area Code and Phone number fboq8902 ne null
of U.S. Contact must not be null.

FRY7Q 20161231

99991231

Revised Page 1

Validity

1032

CONTACTF

FBOQ9116 Area Code and Fax Number of
U.S. Contact must not be null.

fboq9116 ne null

FRY7Q 20161231

99991231

Revised Page 1

Validity

1034

CONTACTE

FBOQ4086 E‐mail Address of U.S. Contact
must not be null.

fboq4086 ne null

FRY7Q 20161231

99991231

Revised Part 1A and Validity
Part 2

1046

FBOQ8274 For top‐tier FBOs that do not
if fboq9802 eq 1 and fboqb162
calculate capital ratios using a eq 0, or fboq9802 eq 1 and
risk‐based framework consistent fboq2170 lt 50000, or fboq9802
with the Basel Capital Accord, or eq 2, then fboq8274 ne null
top‐tier FBOs with consolidated
assets less than $50 billion, or
lower‐tier FBOs, Part 1A or Part
2, Item 2 must not be null.

December 2016

Date of Signature must not be
null.

fboqb162 eq 1 or fboqb162 eq 0

fboqj196 ne null

FR Y‐7Q: CHK ‐ 1 of 3

Schedule Edit Type Edit
TargetItem
Edit
Number
Change
Revised Part 1A and Validity
1048
3
Part 2

MDRM
Edit Test
Alg Edit Test
Number
if fboq9802 eq 1 and fboqb162
FBOQ3792 For top‐tier FBOs that do not
calculate capital ratios using a eq 0, or fboq9802 eq 1 and
risk‐based framework consistent fboq2170 lt 50000, or fboq9802
with the Basel Capital Accord, or eq 2, then fboq3792 ne null
top‐tier FBOs with consolidated
assets less than $50 billion, or
lower‐tier FBOs, Part 1A or Part
2, Item 3 must not be null.

FRY7Q 20161231

99991231

Revised Part 1A and Validity
Part 2

1050

FBOQA223 Part 1A or Part 2, Item 4 must
not be null.

fboqa223 ne null

FRY7Q 20161231

99991231

Revised Part 1A and Validity
Part 2

1052

FBOQ2170 Part 1A or Part 2, Item 5 must
not be null.

fboq2170 ne null

FRY7Q 20161231

99991231

Revised Part 1A and Validity
Part 2

1054

Part 1A Item 8; FBOQC116 Part 1A Item 8 or Part 2 Item 6, fboqc116 ne null
Part 2 Item 6
the reported as‐of date for
financial data must not be null.

FRY7Q 20161231

99991231

Added

Part 1B

Validity

1060

FBOQP859 For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 1
must not be null.

if fboq9802 eq 1 and fboq2170
ge 50000, then fboqp859 ne
null

FRY7Q 20161231

99991231

Added

Part 1B

Validity

1065

FBOQP865 For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 2
must not be null.

if fboq9802 eq 1 and fboq2170
ge 50000, then fboqp865 ne
null

FRY7Q 20161231

99991231

Added

Part 1B

Validity

1070

FBOT8274

For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 3
must not be null.

if fboq9802 eq 1 and fboq2170
ge 50000, then fbot8274 ne null

FRY7Q 20161231

99991231

Added

Part 1B

Validity

1075

FOBQ5311 For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 4
must not be null.

if fboq9802 eq 1 and fboq2170
ge 50000, then fboq5311 ne null

December 2016

FR Y‐7Q: CHK ‐ 2 of 3

Schedule
Edit
Change
Added Part 1B

Edit Type Edit
TargetItem
Number
Validity
1080
5

MDRM
Number
FBOT3792

FRY7Q 20161231

99991231

Added

Part 1B

Validity

1085

FRY7Q 20161231

99991231

Added

Part 1B

Validity

1090

FRY7Q 20161231

99991231

Added

Part 1B

Validity

1095

December 2016

Edit Test

Alg Edit Test

For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 5
must not be null.

if fboq9802 eq 1 and fboq2170
ge 50000, then fbot3792 ne null

FBOQFS41

For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 9
must equal 0 or 1.

if fboq9802 eq 1 and fboq2170
ge 50000, then fboqfs41 eq 1 or
fboqfs41 eq 0

FBOT8274

For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 3
must equal the sum of Part 1B
Item 1 and Part 1B Item 2.

if fboq9802 eq 1 and fboq2170
ge 50000, then fbot8274 eq
(fboqp859 + fboqp865)

FBOT3792

For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 5
must equal the sum of Part 1B
Item 3 and Part 1B Item 4.

if fboq9802 eq 1 and fboq2170
ge 50000, then fbot3792 eq
(fbot8274 + fboq5311)

FR Y‐7Q: CHK ‐ 3 of 3

Quality (Q) Edits for the FR Y‐7Q
(Effective as‐of December 31, 2016)

Series Effective Effective
Start Date End Date
FRY7Q 20161231 99991231

Schedule
Edit
Change
Added Part 1A

Edit Type Edit
TargetItem
Number
Quality
0490
2

MDRM
Edit Test
Number
FBOQ8274 If Part 1A Item 1 equals 1 (Yes),
then Part 1A Item 2 should
equal Part 1B Item 3 and Part
1A Item 3 should equal Part 1B
Item 5

Alg Edit Test

FRY7Q 20161231

99991231

Revised Part 1A

Quality

0500

FBOD2170 For lower tier FBOs, Part 1A
Item 6 should be null.

if fboq9802 eq 2, then fbod2170
eq null

FRY7Q 20161231

99991231

Revised Part 1A

Quality

0505

FBODS292 For lower tier FBOs, Part 1A
Item 7 should be null.

if fboq9802 eq 2, then fbods292
eq null

FRY7Q 20161231

99991231

Revised Part 1A

Quality

0510

FRY7Q 20161231

99991231

Revised Part 1A and Quality
Part 2

0540

FRY7Q 20161231

99991231

Revised Part 1A and Quality
Part 2

0560

FBODS292 For top tier FBOs only, Part 1A if fboq9802 eq 1, then fbods292
le fbod2170
Item 7 should be less than or
equal to Part 1A Item 6.
FBOQ3792 Part 1A or Part 2, Item 3 should fboq3792 ge fboq8274
be greater than or equal to Item
2.
FBOQ2170 Part 1A or Part 2, Item 5 should fboq2170 gt fboqa223
be greater than Item 4.

FRY7Q 20161231

99991231

Revised Part 1A and Quality
Part 2

0580

FRY7Q 20161231

99991231

Revised Part 1A and Quality
Part 2

0590

FRY7Q 20161231

99991231

Revised Part 1A and Quality
Part 2

0592

FBOQA223 Part 1A or Part 2, Item 4 should fboqa223 gt 0
be greater than zero.

FRY7Q 20161231

99991231

Revised Part 1A and Quality
Part 2

0593

FBOQ2170 Part 1A or Part 2, Item 5 should fboq2170 gt 0
be greater than zero.

FRY7Q 20161231

99991231

Revised Part 1A and Quality
Part 2

0600

FBOQ3792 Part 1A or Part 2, Item 2 divided (fboq8274 / fboq3792) ge 0.50
by Item 3 should be greater
than or equal to 50%.

December2016

If fboqb162 eq 1, then fboq8274
eq fbot8274 and fboq3792 eq
fbot3792

FBOQC116 Part 1A Item 8 or Part 2 Item 6,
should be in YYYYMMDD
format.
FBOQ8274 Part 1A or Part 2, Item 2 should fboq8274 gt 0
be greater than zero.

FR Y‐7Q: EDIT 1 of 3

Quality (Q) Edits for the FR Y‐7Q
(Effective as‐of December 31, 2016)

Series Effective Effective
Start Date End Date
FRY7Q 20161231 99991231

Schedule Edit Type Edit
TargetItem
Edit
Number
Change
Revised Part 1A and Quality
0601
2
Part 2

MDRM
Edit Test
Alg Edit Test
Number
FBOQ8274 Part 1A or Part 2, Item 2 divided (fboq8274 / fboqa223) ge 0.04
by Item 4 should be greater
than or equal to 4% (minimum
tier 1 capital ratio).

FRY7Q 20161231

99991231

Revised Part 1A and Quality
Part 2

0602

FBOQA223 Part 1A or Part 2, Item 3 divided (fboq3792 / fboqa223) ge 0.08
by Item 4 should be greater
than or equal to 8% (minimum
total risk‐based capital ratio).

FRY7Q 20161231

99991231

Added

Part 1B

Quality

0700

FBOQP859 For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 1
should be greater than zero.

if fboq9802 eq 1 and fboq2170
ge 50000, then fboqp859 gt 0

FRY7Q 20161231

99991231

Added

Part 1B

Quality

0705

FBOQP865 For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 2
should be greater than zero.

if fboq9802 eq 1 and fboq2170
ge 50000, then fboqp865 gt 0

FRY7Q 20161231

99991231

Added

Part 1B

Quality

0715

FOBQ5311 For top‐tier FBOs with
consolidated assets of $50
billion or more, Part 1B Item 4
should be greater than zero.

if fboq9802 eq 1 and fboq2170
ge 50000, then fboq5311 gt 0

FRY7Q 20161231

99991231

Added

Part 1B

Quality

0725

FBOT8274

December2016

For top‐tier FBOs with
if fboq9802 eq 1 and fboq2170
consolidated assets of $50
ge 50000, then if fboqb162 eq
billion or more, if Part 1A Item 1 0, then fboq8274 ne fbot8274
equals 0 then Part 1A Item 2
should not equal Part 1B Item 3.

FR Y‐7Q: EDIT 2 of 3

Quality (Q) Edits for the FR Y‐7Q
(Effective as‐of December 31, 2016)

Series Effective Effective
Start Date End Date
FRY7Q 20161231 99991231

Schedule
Edit
Change
Added Part 1B

Edit Type Edit
TargetItem
Number
Quality
0730
5

MDRM
Number
FBOT3792

FRY7Q 20161231

99991231

Added

Part 1B

Quality

0735

FBOQP859 For top‐tier FBOs with
consolidated assets less than
$50 billion, or lower‐tier FBOs,
then Part 1B Item 1 through
Part 1B Item 9 should be null.

if fboq9802 eq 1 and fboq2170
lt 50000, or fboq9802 eq 2, then
fboqp859 eq null, fboqp865 eq
null, fbot8274 eq null, fboq5311
eq null, fbot3792 eq null,
fboqfb52 eq null, fboqfb53 eq
null, fboqfb54 eq null, fboqfs41
eq null.

FRY7Q 20161231

99991231

Revised Part 1A

Quality

9000

if fboq9802 eq 1, then fbod2170
ne null and fbod2170 ge 0

FRY7Q 20161231

99991231

Revised Part 1A

Quality

9001

FBOD2170 For top tier FBOs only, Part 1A
Item 6 should not be null and
should not be negative.
FBODS292 For top tier FBOs only, Part 1A
Item 7 should not be null and
should not be negative.

December2016

Edit Test

Alg Edit Test

For top‐tier FBOs with
if fboq9802 eq 1 and fboq2170
consolidated assets of $50
ge 50000, then if fboqb162 eq
billion or more, if Part 1A Item 1 0, then fboq3792 ne fbot3792
equals 0 then Part 1A Item 3
should not equal Part 1B Item 5.

if fboq9802 eq 1, then fbods292
ne null and fbods292 ge 0

FR Y‐7Q: EDIT 3 of 3

File Type	application/pdf
File Modified	2018-02-27
File Created	2016-12-21