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View ICR - OIRA Conclusion

OMB Control No: 7100-0125	ICR Reference No: 200811-7100-008
Status: Historical Active	Previous ICR Reference No: 200810-7100-003
Agency/Subagency: FRS	Agency Tracking No: FR Y-7N, FR Y-7NS, FR Y-7Q
Title: Financial Statements of U.S. Nonbank Subsidiaries Held by FBOs, Abbreviated Financial Statements of U.S. Nonbank Subsidiares Held by FBOs, Capital and Asset Report for Foreign 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: 03/20/2009
	Date Received in OIRA: 03/20/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2011	03/31/2011	02/28/2011
Responses	1,574	0	1,574
Time Burden (Hours)	7,122	0	6,650
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	1,574	1,574	0
Annual Time Burden (Hours)	7,122	6,650	472
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 revise Schedule BS-M-Memoranda to also capture 1) the fair value of loans held for trading, 2) the fair value of loans held for trading that are past due 90 days or more or in nonaccrual status, and 3) the unpaid principal balance of these loans that are past due or in nonaccrual status.

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