Regulatory Alerts2019-10-03 | 2019-20491Added · Updated
Update of Statistical Disclosures for Bank and Savings and Loan Registrants
The Securities and Exchange Commission proposes to update statistical disclosure requirements for bank and savings and loan registrants by codifying certain provisions from Industry Guide 3 into a new Subpart 1400 of Regulation S-K. The proposal aims to eliminate disclosures that overlap with existing Commission rules, U.S. GAAP, or IFRS while rescinding the non-binding Industry Guide 3. These changes are intended to enhance comparability and certainty for investors regarding the financial activities of banking registrants.
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