View Information Collection Request (ICR) Package
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Common Form Info.
Certification
View Information Collection (IC) List
View Supporting Statement and Other Documents
Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
3064-0153
ICR Reference No:
201402-3064-004
Status:
Historical Active
Previous ICR Reference No:
201401-3064-014
Agency/Subagency:
FDIC
Agency Tracking No:
Title:
Regulatory Capital Rules
Type of Information Collection:
Extension without change of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
07/07/2014
Retrieve Notice of Action (NOA)
Date Received in OIRA:
05/12/2014
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
07/31/2017
36 Months From Approved
07/31/2014
Responses
13,901
0
13,901
Time Burden (Hours)
737,275
0
737,275
Cost Burden (Dollars)
0
0
0
Abstract:
This collection comprises the disclosure and recordkeeping requirements associated with minimum capital requirements and overall capital adequacy standards for state non-member banks and state chartered savings and loan associations. The capital standards are consistent with agreements reached by the Basel Committee on Banking Supervision (BCBS) in "Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems," and with section 171 of the Dodd-Frank Act, which requires the agencies to establish minimum risk-based and leverage capital requirements and with section 939A of the Dodd-Frank Act, which requires the agencies to use alternatives to credit ratings for calculating risk-weighted assets. The data is used by the FDIC to evaluate capital before approving various applications by insured depository institutions, to evaluate capital as an essential component in determining safety and soundness, and to determine whether an institutions is subject to prompt corrective action provisions.
Authorizing Statute(s):
US Code:
12 USC 1831(o)
Name of Law: Federal Deposit Insurance Act
Citations for New Statutory Requirements:
PL: Pub.L. 111 - 203 1435-38 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
3064-AD95
Final or interim final rulemaking
78 FR 55340
09/10/2013
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
79 FR 10150
02/24/2014
30-day Notice:
Federal Register Citation:
Citation Date:
79 FR 24725
05/01/2014
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
17
IC Title
Form No.
Form Name
AA Control, oversight and verification of systems (section 122)
AA Disclosures (One-time) - Operational Risk - Tables 4, 5, 9, and 12 to Section 173
AA Disclosures (ongoing) - Tables 4, 5, 9, and 12 to Section 173
AA Disclosures (sections 142, 171)
AA Documentation (section 122)
AA Implementation (section 121)
AA Recordkeeping (One-time) - Counterparty Credit Risk - Section 132(d)(2) and (3)
AA Recordkeeping (Ongoing) - Counterparty Credit Risk - Section 132(d)(2) and (3)
AA Recordkeeping (Ongoing) - Counterparty Credit Risk - Section 132(d)(3)(viii)
AA Recordkeeping (ongoing) - Operational Criteria - Section 141(c)(2)(i)-(ii)
AA Supervisory approvals (various sections)
AA Systems Maintenance (sections 122, 123)
Minimum Regulatory Capital Ratios - Section 325.2
SA Disclosures (One-time)--SE, CR, Q&Q
SA Disclosures (Ongoing)--SE, CR, Q&Q
SA Recordkeeping (One-time)--QCCP, CT, and SE
SA Recordkeeping (Ongoing)--QCCP, CT, and SE
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
13,901
13,901
0
0
0
0
Annual Time Burden (Hours)
737,275
737,275
0
0
0
0
Annual Cost Burden (Dollars)
0
0
0
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:
Annual Cost to Federal Government:
$60,800
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:
Leneta Gregorie 202 898-3719
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
05/12/2014
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