Notice2023-13224
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
June 22, 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). The notice of the proposed renewal for this information collection was previously published in the Federal Register on March 31, 2023, allowing for a 60-day comment period. No comments were received.
Full Text
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<title>Federal Register, Volume 88 Issue 119 (Thursday, June 22, 2023)</title>
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[Federal Register Volume 88, Number 119 (Thursday, June 22, 2023)]
[Notices]
[Pages 40822-40824]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-13224]
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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). The notice of the proposed renewal for this information
collection was previously published in the Federal Register on March
31, 2023, allowing for a 60-day comment period. No comments were
received.
DATES: Comments must be submitted on or before July 24, 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#b9dad6d4d4dcd7cdcaf9dfddd0da97ded6cf"><span class="__cf_email__" data-cfemail="34575b5959515a40477452505d571a535b42">[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.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular information
collection by selecting ``Currently under 30-day Review--Open for
Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Jennifer Jones, Regulatory Counsel,
202-898-6768, <a href="/cdn-cgi/l/email-protection#ed87888383878283889ead8b89848ec38a829b"><span class="__cf_email__" data-cfemail="dab0bfb4b4b0b5b4bfa99abcbeb3b9f4bdb5ac">[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:
[[Page 40823]]
Estimated Hourly Burden
[3064-0153]
----------------------------------------------------------------------------------------------------------------
Total
Estimated Estimated annual
Type of burden number of time per Frequency of estimated
respondents response response burden
(hours) (hours)
----------------------------------------------------------------------------------------------------------------
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)--Section _.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.
Supervisory approvals-- Reporting.......... 1 55.77 On Occasion........ 56
Sections_.121(b)(2),
_.121(c),_.122(d)-(g),
_.123(a), _.124,
_.132(b)(3), _.132(d)(1),
_.132(d)(1)(iii), Ongoing.
Section _.153(b): One-time... Reporting.......... 1 1.00 On Occasion........ 1
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)-- Disclosure......... 1 2.00 Quarterly.......... 8
Section_.173, Table 2:
Ongoing.
(Capital Structure)-- Disclosure......... 1 16.00 On Occasion........ 16
Section_.173, Table 2: One-
time.
(Capital Adequacy)-- Disclosure......... 1 2.00 Quarterly.......... 8
Section_.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.
------------
Subtotal: Ongoing, ................... ............ ............ ................... 813
Recordkeeping,
Disclosure, and
Reporting.
------------
Total Recordkeeping, ................... ............ ............ ................... 1,601
Disclosure, and
Reporting.
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Minimum Regulatory Capital Ratios: Recordkeeping and Reporting
----------------------------------------------------------------------------------------------------------------
(CCR Operational Recordkeeping...... 3,038 8.00 On Occasion........ 24,304
Requirements)--Sections
_.3(d)
and_.22(h)(2)(iii)(A): One-
time.
Regulatory Capital Reporting.......... 1 6.00 On Occasion........ 6
Adjustments and Deductions--
Prior Approval--
Sections_.22(c)(5)(i),
(c)(6), (d)(2)(i)(C), One-
time.
Regulatory Capital Reporting.......... 3,038 2.00 On Occasion........ 6,076
Adjustments and Deductions--
Prior Approval--
Section_.22(h)(2)(iii)(A),
One-time.
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Subtotal: One-time ................... ............ ............ ................... 0
Recordkeeping and
Reporting.
------------
Subtotal: Ongoing ................... ............ ............ ................... 30,386
Recordkeeping and
Reporting.
------------
Total Recordkeeping.. ................... ............ ............ ................... 30,386
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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)--Section _.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
(CR) Sections_.62(a),(b),&
(c), (Q&Q) Sections_.63(a) &
(b) and _.63, Tables:
Ongoing.
------------
Subtotal: One-time, ................... ............ ............ ................... 348
Recordkeeping,
Reporting, and
Disclosure.
------------
Subtotal: Ongoing, ................... ............ ............ ................... 61,286
Recordkeeping,
Reporting, and
Disclosure.
------------
Total Recordkeeping, ................... ............ ............ ................... 61,634
Reporting, and
Disclosure.
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[[Page 40824]]
Total Hourly Burden
----------------------------------------------------------------------------------------------------------------
Total One-Time Burden Hours.. ................... ............ ............ ................... 1,136
Total Ongoing Burden Hours... ................... ............ ............ ................... 92,485
------------
Total Burden Hours....... ................... ............ ............ ................... 93,621
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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 26,635-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 June 15, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023-13224 Filed 6-21-23; 8:45 am]
BILLING CODE 6714-01-P
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</html>Indexed from Federal Register on June 22, 2023.
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