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View ICR - OIRA Conclusion

OMB Control No: 7100-0386	ICR Reference No: 202311-7100-003
Status: Active	Previous ICR Reference No:
Agency/Subagency: FRS	Agency Tracking No: FR Q-1
Title: Capital Requirements for Board-Regulated Institutions Significantly Engaged in Insurance Activities
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/15/2024
	Date Received in OIRA: 01/15/2024
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2027	36 Months From Approved
Responses	10	0	0
Time Burden (Hours)	1,097	0	0
Cost Burden (Dollars)	0	0	0

Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Initial setup	FR Q-1
Ongoing	FR Q-1

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	10	10
Annual Time Burden (Hours)	1,097	1,097
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

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

Burden Reduction Due to:

Short Statement: This is a new collection. The estimated total annual burden for the FR Q-1 is 1,097 hours.

Annual Cost to Federal Government: $27,500

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. 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]? No

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

Is this ICR related to the Pandemic Response? No

Agency Contact: Kareemat Ayodeji 757 921-4888 kareemat.ayodeji@frb.gov

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