Notice2025-02361

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 Policy Impact Survey (FR 3075; OMB No. 7100-0362).

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 9160]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02361]



[[Page 9160]]

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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 
Policy Impact Survey (FR 3075; OMB No. 7100-0362).

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#335d465b521d565f5e52545b4152515a735541511d545c45"><span class="__cf_email__" data-cfemail="2c4259444d024940414d4b445e4d4e456c4a5e4e024b435a">[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/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 3075.

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

    Collection title: Policy Impact Survey.
    Collection identifier: FR 3075.
    OMB control number: 7100-0362.
    General description of collection: The Policy Impact Survey 
collects information from certain types of institutions regulated by 
the Board in order to assess the effects of proposed, pending, or 
recently adopted policy changes at the domestic and international 
levels. The Board uses the survey to collect information used for 
certain quantitative impact studies sponsored by financial stability 
bodies such as the Basel Committee on Banking Supervision and the 
Financial Stability Board. Recent collections have included the Basel 
III monitoring exercise, which monitors the global impact of the Basel 
III framework, the global systemically important bank exercise, which 
assesses firms' systemic risk profiles, and a survey of the domestic 
systemic risk footprint of large foreign banking organizations. Since 
the collected data may change from survey to survey, there is no fixed 
reporting form.
    Frequency: On occasion.
    Respondents: Bank holding companies, savings and loan holding 
companies, nonbank financial companies, and foreign banking 
organizations.
    Total estimated number of respondents: 14.
    Estimated average hours per response: 700.
    Total estimated annual burden hours: 68,600.
    Current actions: On October 2, 2024, the Board published a notice 
in the Federal Register (89 FR 80242) requesting public comment for 60 
days on the extension, without revision, of the FR 3075. 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. 2025-02361 Filed 2-6-25; 8:45 am]
BILLING CODE 6210-01-P


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