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View ICR - OIRA Conclusion

OMB Control No: 1557-0099	ICR Reference No: 201504-1557-007
Status: Historical Active	Previous ICR Reference No: 201210-1557-002
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: Foreign Branch Report of Condition
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: 12/21/2015
	Date Received in OIRA: 11/18/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2018	36 Months From Approved	12/31/2015
Responses	457	0	1,397
Time Burden (Hours)	1,467	0	4,651
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	457	1,397	-940
Annual Time Burden (Hours)	1,467	4,651	-3,184
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: There are three reasons for the decline in respondents and responses. First, U.S. banks are operating fewer foreign branches than in the past. Second, revisions to the FFIEC 030 and 030S allow more branches to report on a consolidated basis on a single report form. Third, revisions to the scope of the FFIEC 030 and 030S allow more branches to report on an annual basis instead of a quarterly basis.

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