H3: Changes to the Reporting of Balances Maintained by Entities Designated as Systemically Important Financial Market Utilities in the H.3 Release
By FEDERAL RESERVE
Published - Dec 02, 2022, 01:07 PM ET
Last Updated - Feb 09, 2023, 12:25 AM EST
Effective February 18, 2014, balances maintained at the Reserve Banks by entities that were designated as systemically important financial market utilities by the Financial Stability Oversight Council under Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act will no longer be reported in the Board's H.3 statistical release, "Aggregate Reserves of Depository Institutions and the Monetary Base." These balances will be reported in "Other" under the line for "Deposits with F.R. Banks, other than reserve balances" in table 1 and in "Other" under the line for "Deposits" in tables 8 and 9 of the Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks."