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View ICR - OIRA Conclusion

OMB Control No: 1557-0140	ICR Reference No: 201107-1557-062
Status: Historical Active	Previous ICR Reference No: 200812-1557-002
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: Fiduciary Activities of National Banks - 12 CFR Part 9
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/19/2011
	Date Received in OIRA: 07/26/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/29/2012	02/29/2012	02/29/2012
Responses	548,610	0	446,142
Time Burden (Hours)	155,435	0	126,403
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute
Annual Number of Responses	548,610	446,142	102,468
Annual Time Burden (Hours)	155,435	126,403	29,032
Annual Cost Burden (Dollars)	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: The adjustment is due to the availability of more accurate estimates. The new estimates are based on the number of fiduciary accounts of each institution. The prior estimates were based on just the number of institutions conducting fiduciary activities. The new estimates outline the burden more accurately and set out a more detailed explanation of the burden.

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