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View ICR - OIRA Conclusion

OMB Control No: 7100-0341	ICR Reference No: 201207-7100-007
Status: Historical Active	Previous ICR Reference No: 201204-7100-007
Agency/Subagency: FRS	Agency Tracking No: FR Y-14A/Q/M
Title: Capital Assessment and Stress Testing
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: 10/25/2012
Retrieve Notice of Action (NOA)	Date Received in OIRA: 10/25/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2015	36 Months From Approved	12/31/2014
Responses	2,060	0	1,120
Time Burden (Hours)	592,462	0	607,589
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	2,060	1,120	940
Annual Time Burden (Hours)	592,462	607,589	-15,127
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: Yes

Burden Reduction Due to: Changing Forms

Short Statement: The Federal Reserve proposes revising various annual and quarterly FR Y-14 schedules and making several general revisions to the entire collection, most of which are effective September 30, 2012 (except as noted). The revisions would include: (1) implementing three quarterly reporting schedules, (2) revising the respondent panel, (3) enhancing data items previously collected, (4) deleting data items that are no longer needed, and (5) collecting contact information. The Federal Reserve proposes the revisions based on experience gained from previous capital review and stress testing efforts. The revisions would provide the Federal Reserve with new information to refine its analysis, while removing data items that are no longer deemed necessary for such analysis. For additional details on the proposed revisions, refer to the Description of Information Collection section.