Treasury Requests Filing of TIC Form SHC by US-Resident Investment Managers

November 14, 2011
Some U.S. investment managers or their parent companies have recently received notices from the Federal Reserve Bank of New York informing them that they are required to submit Form SHC to the FRBNY by March 2, 2012. Those who have not received the FRBNY notice are nevertheless required to consider whether they are required to file Form SHC. This update discusses Form SHC and how it applies to asset managers.