Notice2023-06656
Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
March 31, 2023
Issuing agencies
Federal Deposit Insurance Corporation
Abstract
The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collection described below (OMB Control No. 3064- 0153).
Full Text
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<title>Federal Register, Volume 88 Issue 62 (Friday, March 31, 2023)</title>
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[Federal Register Volume 88, Number 62 (Friday, March 31, 2023)]
[Notices]
[Pages 19304-19305]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-06656]
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FEDERAL DEPOSIT INSURANCE CORPORATION
[OMB No. 3064-0153]
Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995, invites the general public and other Federal
agencies to take this opportunity to comment on the renewal of the
existing information collection described below (OMB Control No. 3064-
0153).
DATES: Comments must be submitted on or before May 30, 2023.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
<bullet> Agency Website: <a href="https://www.fdic.gov/resources/regulations/federal-register-publications/">https://www.fdic.gov/resources/regulations/federal-register-publications/</a>.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#c9aaa6a4a4aca7bdba89afada0aae7aea6bf"><span class="__cf_email__" data-cfemail="6a090507070f041e192a0c0e0309440d051c">[email protected]</span></a>. Include the name and number of
the collection in the subject line of the message.
<bullet> Mail: Jennifer Jones (202-898-6768), Regulatory Counsel,
MB-3078, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
<bullet> Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street NW building (located on F Street
NW), on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Jennifer Jones, Regulatory Counsel,
202-898-6768, <a href="/cdn-cgi/l/email-protection#0b616e65656164656e784b6d6f6268256c647d"><span class="__cf_email__" data-cfemail="365c5358585c595853457650525f5518515940">[email protected]</span></a>, MB-3078, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
1. Title: Regulatory Capital Rules.
OMB Number: 3064-0153.
Forms: None.
Affected Public: Insured state nonmember banks and state savings
associations.
Burden Estimate:
Estimated Summary of Annual Burden
----------------------------------------------------------------------------------------------------------------
Estimated Total annual
Type of burden number of Estimated time Frequency of estimated
respondents per response response burden
----------------------------------------------------------------------------------------------------------------
BASEL III Advanced Approaches: Recordkeeping, Disclosure, and Reporting
----------------------------------------------------------------------------------------------------------------
Implementation plan--Section Recordkeeping... 1 330.00 On Occasion.... 330
_.121(b): Ongoing.
Documentation of advanced Recordkeeping... 1 19.00 On Occasion.... 19
systems--Section _.122(j):
Ongoing.
(CCR)--Section Recordkeeping... 1 80.00 On Occasion.... 80
_.132(d)(3)(vi): One-time.
(CCR)--Section Recordkeeping... 1 80.00 On Occasion.... 80
_.132(d)(3)(viii): One-time.
(CCR)--Section Recordkeeping... 1 10.00 Quarterly...... 40
_.132(d)(3)(viii) Ongoing.
(CCR)--Section Recordkeeping... 1 40.00 On Occasion.... 40
_.132(d)(3)(ix): One-time.
(CCR)--Section Recordkeeping... 1 40.00 On Occasion.... 40
_.132(d)(3)(ix): Ongoing.
(CCR)--Section Recordkeeping... 1 20.00 On Occasion.... 20
_.132(d)(3)(x): One-time.
(CCR)--Section Recordkeeping... 1 40.00 On Occasion.... 40
_.132(d)(3)(xi): One-time.
(CCR)--Section Recordkeeping... 1 40.00 On Occasion.... 40
_.132(d)(3)(xi): Ongoing.
(OC)--Sections _.141(b)(3), Recordkeeping... 1 39.00 On Occasion.... 39
_.141(c)(1), _.141(c)(2)(i)-
(ii) One-time.
(OC)--Section _.141(c)(2)(i)- Recordkeeping... 1 10.00 Quarterly...... 40
(ii): Ongoing.
(CCR)--Section Reporting....... 1 80.00 On Occasion.... 80
_.132(b)(2)(iii)(A): One-
time.
(CCR)--Section Reporting....... 1 16.00 On Occasion.... 16
_.132(b)(2)(iii)(A): Ongoing.
(CCR)--Section Reporting....... 1 80.00 On Occasion.... 80
_.132(d)(2)(iv): One-time.
(CCR)--Section Reporting....... 1 40.00 On Occasion.... 40
_.132(d)(2)(iv): Ongoing.
Section _.153(b): One-time... Reporting....... 1 1.00 On Occasion.... 1
Supervisory approvals-- Recordkeeping... 1 55.77 On Occasion.... 56
Sections _.123, _.124,
_.132(b)(3), _.132(d)(1),
_.132(d)(1)(iii) Ongoing.
Sections _.142 and _.172 Disclosure...... 1 5.78 On Occasion.... 6
Ongoing.
(CCB and CCYB)--Section Disclosure...... 1 25.00 Quarterly...... 100
_.173, Table 4.
(Securitization)--Section
_.173, Table 9.
(IRR)--Section_.173, Table 12
Ongoing.
(CCB and CCYB)--Section Disclosure...... 1 200.00 On Occasion.... 200
_.173, Table 4.
(Securitization)--Section
_.173, Table 9.
(IRR)--Section _.173, Table
12 One-time.
(Capital Structure)--Section Disclosure...... 1 2.00 Quarterly...... 8
_.173, Table 2: Ongoing.
(Capital Structure)--Section Disclosure...... 1 16.00 On Occasion.... 16
_.173, Table 2: One-time.
(Capital Adequacy)--Section Disclosure...... 1 2.00 Quarterly...... 8
_.173, Table 3: Ongoing.
(Capital Adequacy)--Section Disclosure...... 1 16.00 On Occasion.... 16
_.173, Table 3: One-time.
(CR)--Section _.173, Table 5: Disclosure...... 1 12.00 Quarterly...... 48
Ongoing.
(CR)--Section _.173, Table 5: Disclosure...... 1 96.00 On Occasion.... 96
One-time.
(CR)--Section _.173, Table Disclosure...... 1 5.00 Quarterly...... 20
13: Ongoing.
Section _.124(a): Ongoing.... Disclosure...... 1 0.50 Quarterly...... 2
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Subtotal: One-time ................ .............. .............. ............... 788
Recordkeeping,
Reporting, and
Disclosure.
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Subtotal: Ongoing ................ .............. .............. ............... 813
Recordkeeping,
Disclosure, and
Reporting.
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Total Recordkeeping, ................ .............. .............. ............... 1,601
Disclosure, and
Reporting.
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[[Page 19305]]
Minimum Regulatory Capital Ratios: Recordkeeping
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(CCR Operational Recordkeeping... 3,038 16.00 On Occasion.... 48,608
Requirements)--Sections
_.3(d) and
_.22(h)(2)(iii)(A): Ongoing.
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Subtotal: One-time ................ .............. .............. ............... 0
Recordkeeping.
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Subtotal: Ongoing ................ .............. .............. ............... 48,608
Recordkeeping.
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Total Recordkeeping.. ................ .............. .............. ............... 48,608
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Standardized Approach: Recordkeeping, Reporting, and Disclosure
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(QCCP)--Section Recordkeeping... 1 2.00 On Occasion.... 2
_.35(b)(3)(i)(A): One-time.
(QCCP)--Section Recordkeeping... 3,038 2.00 On Occasion.... 6,076
_.35(b)(3)(i)(A): Ongoing.
(CT)--Section Recordkeeping... 1 80.00 On Occasion.... 80
_.37(c)(4)(i)(E): One-time.
(CT)--Section Recordkeeping... 3,038 16.00 On Occasion.... 48,608
_.37(c)(4)(i)(E): Ongoing.
(SE)--Sections _.41(b)(3) and Recordkeeping... 1 40.00 On Occasion.... 40
_.41(c)(2)(i) One-time.
(SE)--Section _.41(c)(2)(ii): Recordkeeping... 3,038 2.00 On Occasion.... 6,076
Ongoing.
(CT)--Section Reporting....... 1 1.00 On Occasion.... 1
_.37(c)(4)(i)(E): Ongoing.
(S.E.)--Section _.42(e)(2)... Disclosure...... 1 226.25 On Occasion.... 226
(C.R.) Sections _.62(a),(b),
& (c).
(Q&Q) Sections _.63(a) & (b).
One-time.....................
(S.E.)--Section _.42(e)(2)... Disclosure...... 1 131.25 Quarterly...... 525
(C.R.) Sections _.62(a),(b),
& (c).
(Q&Q) Sections _.63(a) & (b)
and _.63 Tables: Ongoing.
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Subtotal: One-time ................ .............. .............. ............... 348
Recordkeeping,
Reporting, and
Disclosure.
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Subtotal: Ongoing ................ .............. .............. ............... 61,286
Recordkeeping,
Reporting, and
Disclosure.
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Total Recordkeeping, ................ .............. .............. ............... 61,634
Reporting, and
Disclosure.
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Total One-Time Burden ................ .............. .............. ............... 1,136
Hours.
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Total Ongoing Burden ................ .............. .............. ............... 110,707
Hours.
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Total Burden Hours... ................ .............. .............. ............... 111,843
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General Description of Collection: This collection comprises the
recordkeeping, reporting, and disclosure requirements associated with
minimum capital requirements and overall capital adequacy standards for
insured state nonmember banks, state savings associations, and certain
subsidiaries of those entities. 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
institution is subject to prompt corrective action provisions.
There is no change in the method or substance of the collection.
The 8,413-hour decrease in burden hours is a result of economic
fluctuation, a decrease in the number of entities subject to the
information collection, and efforts to align with the other banking
agencies' related information collections.
Request for Comment
Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collection,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology. All
comments will become a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on March 27, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023-06656 Filed 3-30-23; 8:45 am]
BILLING CODE 6714-01-P
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</html>Indexed from Federal Register on March 31, 2023.
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