Recordkeeping Requirements Associated with Regulation F

Section 206.3 of the Board’s Regulation F - Limitations on Interbank Liabilities (12 CFR 206.3) requires insured depository institutions to establish and maintain policies and procedures designed to prevent excessive exposure to “correspondents,” which include non-affiliated U.S. insured depository institutions and non-affiliated foreign banks. Regulation F limits the risks that the failure of a correspondent would pose to insured depository institutions.

The latest form for Recordkeeping Requirements Associated with Regulation F expires 2021-07-31 and can be found here.