Notice2024-14366

Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

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
July 1, 2024

Issuing agencies

Federal Reserve System

Abstract

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Recordkeeping Provisions Associated with Stress Testing Guidance (FR 4202; OMB No. 7100-0348).

Full Text

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<title>Federal Register, Volume 89 Issue 126 (Monday, July 1, 2024)</title>
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[Federal Register Volume 89, Number 126 (Monday, July 1, 2024)]
[Notices]
[Page 54463]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-14366]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, without revision, the 
Recordkeeping Provisions Associated with Stress Testing Guidance (FR 
4202; OMB No. 7100-0348).

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, <a href="/cdn-cgi/l/email-protection#a5cbd0cdc48bc0c9c8c4c2cdd7c4c7cce5c3d7c78bc2cad3"><span class="__cf_email__" data-cfemail="b8d6cdd0d996ddd4d5d9dfd0cad9dad1f8decada96dfd7ce">[email&#160;protected]</span></a>, (202) 
452-3884.
    Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collections of information conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. The OMB inventory, as well as copies of the 
PRA Submission, supporting statements (which contain more detailed 
information about the information collections and burden estimates than 
this notice), and approved collection of information instrument(s) are 
available at <a href="https://www.reginfo.gov/public/do/PRAMain">https://www.reginfo.gov/public/do/PRAMain</a>. These documents 
are also available on the Federal Reserve Board's public website at 
<a href="https://www.federalreserve.gov/apps/reportingforms/home/review">https://www.federalreserve.gov/apps/reportingforms/home/review</a> or may 
be requested from the agency clearance officer, whose name appears 
above. On the page displayed at the link above, you can find the 
supporting information by referencing the collection identifier, FR 
4202.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Collection title: Recordkeeping Provisions Associated with Stress 
Testing Guidance.
    Collection identifier: FR 4202.
    OMB control number: 7100-0348.
    General description of collection: The Stress Testing Guidance was 
issued jointly by the Board, Federal Deposit Insurance Corporation, and 
Office of the Comptroller of the Currency on May 17, 2012. The 
interagency guidance outlines high-level principles for stress testing 
practices applicable to all Board-supervised banking organizations with 
more than $10 billion in total consolidated assets.
    Frequency: Event-generated.
    Respondents: Board-supervised banking organizations with more than 
$10 billion in total consolidated assets. These include state member 
banks, bank holding companies, and all other institutions for which the 
Board is the primary federal supervisor.
    Total estimated number of respondents: 135.
    Total estimated annual burden hours: 13,920.
    Current actions: On February 16, 2024, the Board published a notice 
in the Federal Register (89 FR 12339) requesting public comment for 60 
days on the extension, without revision, of the FR 4202. The comment 
period for this notice expired on April 16, 2024. The Board did not 
receive any comments.

    Board of Governors of the Federal Reserve System, June 25, 2024.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2024-14366 Filed 6-28-24; 8:45 am]
BILLING CODE 6210-01-P


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