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View ICR - OIRA Conclusion

OMB Control No: 1557-0318	ICR Reference No: 202402-1557-001
Status: Active	Previous ICR Reference No: 202011-1557-001
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: Capital Adequacy Standards
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/15/2024
	Date Received in OIRA: 02/21/2024
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2027	36 Months From Approved	04/30/2024
Responses	3,276	0	2,773
Time Burden (Hours)	87,087	0	66,105
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	3,276	2,773	503
Annual Time Burden (Hours)	87,087	66,105	20,982
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: Miscellaneous Actions

Short Statement: The estimated burden reflects an increase of 20,982 hours. This increase is due to the availability of more accurate burden estimates. Revised burden estimates are based on more granular detail for certain existing reporting and recordkeeping provisions, as well as improvement of prior estimates regarding the number of respondents and burden associated with these existing provisions. In addition, reporting burden associated with 12 CFR 3.304 is being removed as that portion of the rule is no longer in effect.

Annual Cost to Federal Government:

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. No

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? Yes

Agency Contact: Carl Kaminski 202 649-5869 carl.kaminski@occ.treas.gov

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