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View ICR - OIRA Conclusion

OMB Control No: 7100-0073	ICR Reference No: 200703-7100-001
Status: Historical Active	Previous ICR Reference No: 200701-7100-002
Agency/Subagency: FRS	Agency Tracking No: FR 2314, FR 2314S
Title: Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations and Abbreviated Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/28/2007
	Date Received in OIRA: 03/28/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2008	03/31/2008	03/31/2008
Responses	1,233	0	1,233
Time Burden (Hours)	6,606	0	6,457
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	1,233	1,233	0
Annual Time Burden (Hours)	6,606	6,457	149
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The Federal Reserve proposes to collect four new data items on the FR 2314 reporting forms to monitor the extension of negatively amortizing residential mortgage loans and to make them consistent with the proposed revision on the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C; OMB No. 7100-0128). The Federal Reserve also proposes to add a new section to the FR 2314 titled Notes to the Financial Statements. The Federal Reserve is not proposing any revisions to the FR 2314S.

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