Form Ffiec 009 - Country Exposure Report Page 18
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36FFIEC 009
(4) Every Edge and/or Agreement corporation that has
Reporting bank holding companies should submit two
total outstanding claims on residents of foreign coun-
copies of their reports to their local Federal Reserve
tries exceeding $30 million, unless it is majority-
Banks as well as an additional copy to the supervisory
owned by a bank that must file the Country Exposure
agency for any subsidiary(ies) that meets the reporting
Report on a consolidated basis as specified in item 1.
criteria.
The bank regulatory authorities may specifically require
Each report submitted should be signed and certified by
the report (schedules 1 and/or 2) to be filed by other
an executive officer of the bank or holding company.
banking organizations that the authorities deem to have
‘‘Executive Officer’’ is defined in 12 CFR 215.2(d).
large country exposures relative to their capital funds.
D. Alternative Report Forms
B. Reporting Basis
In lieu of using the printed Country Exposure Report
forms, the respondent may report the required data on
For an institution meeting the criteria for reporting
computer print-outs that are in the identical format and
described above, the information reported should cover
size as the printed form, including names and codes of
all its U.S. offices, IBFs, foreign branches, branches in
countries in the order in which they appear on the printed
Puerto Rico and U.S. territories and possessions, and
form. An original computer print-out must be submitted;
significant majority-owned bank and nonbank domestic
no copies of the print-out will be accepted. The computer
and foreign subsidiaries, including Edge and Agreement
print-out must show all lines and columns in the original
subsidiaries. The information should be reported on a
form and must be signed by an executive officer of the
fully consolidated basis. For reports from banks, the
reporting institution using the same statement that
scope of coverage and the consolidation of information
appears on the printed form.
should be in accordance with the procedures and tests of
significance set forth in the instructions for preparation
E. Reporting in Dollars
of the FFIEC 031. For reports from bank holding com-
panies, the information should be consolidated in accor-
All amounts should be reported in U.S. dollars regardless
dance with the principles set forth in the Instructions to
of the currencies in which the transactions reported are
the Consolidated Financial Statements for Bank Holding
denominated. The translations should be made on the
Companies (F.R. Y-9C).
same basis as used by the reporter to prepare its (or its
subsidiary bank’s) FFIEC 031. Zero dollar values should
C. Filing of Reports
not be entered. Such cells should remain blank.
The report is to be prepared quarterly, as of the end of
F. Rounding
March, June, September and December and should be
submitted within 45 days of the reporting date. Reporting
Round all amounts reported on this form to the nearest
banks should submit two copies; at least one full-size
million dollars.
original of the report must be filed. The second copy may
be a reduced-size photocopy.
Part III—Definitions of Concepts used in
Reporting national banks and nonmember insured banks
should send their reports to the Comptroller of the Cur-
the Report
rency, International Banking and Finance Department,
Washington, D.C. 20219 and reporting state member
A. Claims
banks and Edge and Agreement Corporations should
send their reports to the Federal Reserve Bank of the
The term ‘‘claims’’ used in this report includes the fol-
district where the reporting institution is located. Report-
lowing types of assets, as defined in the instructions for
ing nonmember insured banks should also send one copy
preparation of the FFIEC 031: Please note that all claims
of their report to their respective Federal Deposit Insur-
are not reported in all columns. Refer to specific instruc-
ance Corporation regional office.
tions for each column.
Instructions for Preparation of Reporting Form FFIEC 009
009-3
December 1997
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