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View ICR - OIRA Conclusion

OMB Control No: 3064-0165	ICR Reference No: 200807-3064-002
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: FDIC	Agency Tracking No:
Title: Pillar 2 Guidance - Advanced Capital Framework
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/04/2008
	Date Received in OIRA: 07/31/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2011	36 Months From Approved
Responses	76	0	0
Time Burden (Hours)	7,980	0	0
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	76	76
Annual Time Burden (Hours)	7,980	7,980
Annual Cost Burden (Dollars)	0	0

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

Burden Increase Due to: Changing Regulations

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

Burden Reduction Due to:

Short Statement: The program changes in this ICR are associated with U.S. implementation of the new risk-based regulatory capital framework known as Basel II. Basel II recognizes developments in financial products, incorporates advances in risk measurements and management, and assesses capital requirements that are generally more sensitive to risk. This ICR is associated with supervisory review guidance issued to supplement a final rule adopting the internal ratings-based approach for calculating regulatory credit risk capital and the advanced measurement approaches for calculating regulatory operational risk capital.

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