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OMB Control No: 7100-0367	ICR Reference No: 202404-7100-010
Status: Historical Active	Previous ICR Reference No: 202104-7100-005
Agency/Subagency: FRS	Agency Tracking No: FR WW
Title: Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation WW
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/26/2024
	Date Received in OIRA: 04/26/2024
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2024	04/30/2024	04/30/2024
Responses	118	0	113
Time Burden (Hours)	2,929	0	2,793
Cost Burden (Dollars)	0	0	0

Abstract: The Board, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) (collectively, the agencies) implemented through Regulation WW - Liquidity Risk Measurement Standards (12 CFR Part 249) a liquidity coverage ratio (LCR) requirement, consistent with the international liquidity standards published by the Basel Committee on Banking Supervision (BCBS), for large and internationally active banking organizations. Each institution is required to hold high quality, liquid assets (HQLA) such as central bank reserves and government and corporate debt that can be converted easily and quickly into cash in an amount equal to or greater than its projected cash outflows minus its projected cash inflows during a 30-day stress period. The ratio of the firm’s liquid assets to its projected net cash outflow is its LCR. The BCBS published the international liquidity standards in December 2010 as a part of the Basel III reform package and revised the standards in January 2013 (as revised, the Basel III Revised Liquidity Framework). The LCR applies to all banking organizations with $250 billion or more in total consolidated assets or $10 billion or more in on-balance sheet foreign exposure and to these banking organizations’ subsidiary depository institutions that have assets of $10 billion or more. The final rule also applies a less stringent, modified LCR to bank holding companies and savings and loan holding companies that do not meet these thresholds, but have $50 billion or more in total assets. Bank holding companies and savings and loan holding companies with substantial insurance or commercial operations are not covered by the final rule.

Authorizing Statute(s): US Code: 12 USC 1844 Name of Law: Bank Holding Company Act of 1956
   US Code: 12 USC 324 Name of Law: Federal Reserve Act
   US Code: 12 USC 334 Name of Law: Federal Reserve Act
   US Code: 12 USC 1467a Name of Law: Home Owners' Loan Act
   US Code: 12 USC 5365 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
7100-AE51	Final or interim final rulemaking	86 FR 9120	02/11/2021

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 35124	06/01/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 9120	02/11/2021
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	118	113	5
Annual Time Burden (Hours)	2,929	2,793	136
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 increase in burden hours is due to an adjustment in the respondent panel.

Annual Cost to Federal Government: $0

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? No

Agency Contact: Kaitlin Merritt 202 452-3752 kaitlin.m.merritt@frb.gov

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