The Board of Governors of the Federal Reserve System discontinued the Annual Report of International Fiduciary Activities (FFIEC 006; OMB No. 7100-0031), effective with the December 31, 2001, report. The Federal Reserve had collected the FFIEC 006 annual year-end report from foreign banking affiliates of U.S. banking organizations that engaged in foreign fiduciary activities. The purpose of the report was to collect information about the scope and volume of international fiduciary activities conducted by these institutions. Information collected was used in the supervision and examination of fiduciary activities by the federal supervisory agencies.
As of December 31, 2001, all FFIEC 006 respondents report substantially similar information on Schedule T, "Fiduciary and Related Services," on the quarterly Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002, OMB No. 7100-0032). Therefore, the FFIEC 006 report is no longer required.