Notice2025-02359
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
February 7, 2025
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 Complex Institution Liquidity Monitoring Report (FR 2052a; OMB No. 7100-0361).
Full Text
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<title>Federal Register, Volume 90 Issue 25 (Friday, February 7, 2025)</title>
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[Federal Register Volume 90, Number 25 (Friday, February 7, 2025)]
[Notices]
[Page 9159]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02359]
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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
Complex Institution Liquidity Monitoring Report (FR 2052a; OMB No.
7100-0361).
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#650b100d044b00090804020d1704070c250317074b020a13"><span class="__cf_email__" data-cfemail="2e405b464f004b42434f49465c4f4c476e485c4c00494158">[email 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/review">https://www.federalreserve.gov/apps/reportingforms/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 2052a.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, Without Revision, of the Following Information Collection
Collection title: Complex Institution Liquidity Monitoring Report.
Collection identifier: FR 2052a.
OMB control number: 7100-0361.
General description of collection: The FR 2052a collects
quantitative information on select assets, liabilities, funding
activities, and contingent liabilities of certain banking
organizations. The Board uses this information to monitor the liquidity
profile of these banking organizations.
The data collected by the FR 2052a provide detailed information
about the liquidity risks within different business lines (e.g.,
financing of securities positions or prime brokerage activities) of
certain large banking organizations supervised by the Board. The
Board's supervisory surveillance program relies on this data, which
provide timely information about banking organization-specific
liquidity risks during periods of stress. The Board uses analyses of
liquidity risk to inform its supervisory processes, including the
preparation of analytical reports that detail funding vulnerabilities.
FR 2052a data also contribute to the Board's supervisory monitoring
efforts by identifying potential impediments to the movement of
liquidity across legal entities. In addition, the FR 2052a provides
detailed information that the Board uses to monitor compliance with the
Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR)
rules under the Board's Regulation WW--Liquidity Risk Measurement,
Standards, and Monitoring (12 CFR part 249).
Frequency: Daily, monthly.
Respondents: Banking organizations subject to Category I, II, III,
or IV standards under the Board's Regulation YY and Regulation LL. The
panel includes (1) any top-tier U.S. bank holding company with $100
billion or more in total consolidated assets that is not a subsidiary
of a foreign banking organization (FBO), (2) any top-tier U.S. savings
and loan holding company with $100 billion or more in total
consolidated assets that is a covered depository institution holding
company as defined by the LCR and NSFR rules and is not a subsidiary of
an FBO, and (3) any FBO, as defined by the Board's Regulation YY, with
combined U.S. assets of $100 billion or more.
Total estimated number of respondents: Daily, 18; Monthly, 23.
Estimated average hours per response: Daily, 221; Monthly 121.
Total estimated annual burden hours: 1,027,896.
Current actions: On October 2, 2024, the Board published a notice
in the Federal Register (89 FR 80240) requesting public comment for 60
days on the extension, without revision, of the FR 2052a. The comment
period for this notice expired on December 2, 2024. The Board did not
receive any comments.
Board of Governors of the Federal Reserve System, February 4,
2025.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025-02359 Filed 2-6-25; 8:45 am]
BILLING CODE 6210-01-P
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