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OMB Control No: 7100-0297	ICR Reference No: 201211-7100-007
Status: Historical Active	Previous ICR Reference No: 201205-7100-012
Agency/Subagency: FRS	Agency Tracking No: FR Y-10; FR Y-10E; FR Y-6; FR Y-7
Title: Report of Changes in Organizational Structure; Supplement to the Report of Changes in Organizational Structure; Annual Report of Holding Companies; Annual Report of 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: 12/02/2012
	Date Received in OIRA: 12/02/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2015	36 Months From Approved	12/31/2014
Responses	21,501	0	18,571
Time Burden (Hours)	58,012	0	45,402
Cost Burden (Dollars)	0	0	0

Abstract: The FR Y-10 is an event-generated information collection submitted by foreign banking organizations (FBOs); top-tier bank holding companies (BHCs); state member banks unaffiliated with a BHC; Edge and agreement corporations that are not controlled by a member bank, a domestic BHC, or a FBO; and nationally chartered banks that are not controlled by a BHC (with regard to their foreign investments only), to capture changes in their regulated investments and activities. The Federal Reserve uses the data to monitor structure information on subsidiaries and regulated investments of these entities engaged in banking and nonbanking activities. The FR Y-10E is a free-form supplement that may be used to collect additional structural information deemed to be critical and needed in an expedited manner. The FR Y-6 is an annual information collection submitted by top-tier BHCs and nonqualifying FBOs. It collects financial data, an organization chart, verification of domestic branch data, and information about shareholders. The Federal Reserve uses the data to monitor holding company operations and determine holding company compliance with the provisions of the Bank Holding Company Act (BHC Act) and Regulation Y (12 CFR 225). The FR Y-7 is an annual information collection submitted by qualifying FBOs to update their financial and organizational information with the Federal Reserve. The FR Y-7 collects financial, organizational, and managerial information. The Federal Reserve uses information to assess an FBO's ability to be a continuing source of strength to its U.S. operations and to determine compliance with U.S. laws and regulations.

Authorizing Statute(s): US Code: 12 USC 1843(k), 1844(c)(1)(A) Name of Law: Bank Holding Company Act
   US Code: 12 USC 3106(a), 3108(a) Name of Law: International Banking Act
   US Code: 12 USC 321, 601, 602, 611a, 615, 625 Name of Law: Federal Reserve Act
   US Code: 12 USC 248(a)(1) Name of Law: Federal Reserve Act
   US Code: 12 USC 5412, 1850a(c)(1) Name of Law: Dodd-Frank Act

Citations for New Statutory Requirements: US Code: 12 USC 5412 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
US Code: 12 USC 1850a(c)(1) Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 34384	06/11/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 56842	09/14/2012
Did the Agency receive public comments on this ICR? Yes

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute
Annual Number of Responses	21,501	18,571	2,930
Annual Time Burden (Hours)	58,012	45,402	12,610
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 current annual reporting burden for the structure report forms and instructions is estimated to be 45,402 hours. The proposed revisions result in a net increase in burden of 12,610 hours. The Federal Reserve estimates that most of the burden increase would be attributed to the 765 SLHCs that would be required to file the FR Y-10 and FR Y-6 reports. Since SLHCs represent less than 20 percent of all FR Y-10 respondents, the Federal Reserve estimates that the average hours per response for the FR Y-10 would only increase by 30 minutes across all respondents. In addition, the Federal Reserve estimates it would take, on average, 1.25 hours for SLHCs to complete the FR Y-10 supplement. The Federal Reserve does not believe that the changes to the ongoing FR Y-6 and FR Y-7 are significant enough to warrant a change in the average hours per response.

Annual Cost to Federal Government: $2,362,850

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Nicole Padar 202-530-6294 Nicole.S.Padar@frb.gov

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