Proposed Agency Information Collection Activities; 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.
Issuing agencies
Abstract
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. On May 2, 2025, the Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, requested public comment for 60 days on a proposal to extend for three years, without revision, the Market Risk Regulatory Report for Institutions Subject to the Market Risk Capital Rule (FFIEC 102), which is currently an approved collection of information for each agency. The comment period for the May notice expired on July 1, 2025. No comments were received, and the agencies will proceed with the extension, without revision, of the FFIEC 102. In addition, the agencies are giving notice that they are sending the collections to OMB for review.
Full Text
<html>
<head>
<title>Federal Register, Volume 90 Issue 160 (Thursday, August 21, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 160 (Thursday, August 21, 2025)]
[Notices]
[Pages 40887-40889]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-15953]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury;
Board of Governors of the Federal Reserve System (Board); and Federal
Deposit Insurance Corporation (FDIC).
ACTION: Joint notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (PRA), the OCC,
[[Page 40888]]
the Board, and the FDIC (the agencies) may not conduct or sponsor, and
the respondent is not required to respond to, an information collection
unless it displays a currently valid Office of Management and Budget
(OMB) control number. On May 2, 2025, the Federal Financial
Institutions Examination Council (FFIEC), of which the agencies are
members, requested public comment for 60 days on a proposal to extend
for three years, without revision, the Market Risk Regulatory Report
for Institutions Subject to the Market Risk Capital Rule (FFIEC 102),
which is currently an approved collection of information for each
agency. The comment period for the May notice expired on July 1, 2025.
No comments were received, and the agencies will proceed with the
extension, without revision, of the FFIEC 102. In addition, the
agencies are giving notice that they are sending the collections to OMB
for review.
DATES: Comments must be submitted on or before September 22, 2025.
ADDRESSES: Interested parties are invited to submit written comments to
any or all of the agencies. All comments will be shared among the
agencies.
OCC: You may submit comments, which should refer to ``FFIEC 102,''
by any of the following methods:
<bullet> Email: <a href="/cdn-cgi/l/email-protection#1e6e6c7f777078715e717d7d306a6c7b7f6d30797168"><span class="__cf_email__" data-cfemail="a3d3d1c2cacdc5cce3ccc0c08dd7d1c6c2d08dc4ccd5">[email protected]</span></a>.
<bullet> Mail: Chief Counsel's Office, Office of the Comptroller of
the Currency, Attention: 1557-0325, 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
<bullet> Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Instructions: You must include ``OCC'' as the agency name and
``1557-0325'' in your comment. In general, the OCC will publish
comments on <a href="http://www.reginfo.gov">www.reginfo.gov</a> without change, including any business or
personal information provided, such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
You may review comments and other related materials that pertain to
this information collection beginning on the date of publication of the
second notice for this collection by the following method:
<bullet> Viewing Comments Electronically: Go to <a href="http://www.reginfo.gov">www.reginfo.gov</a>.
Hover over the ``Information Collection Review'' drop down menu and
select ``Information Collection Review.'' Underneath the ``Currently
under Review'' section heading, from the drop-down menu select
``Department of Treasury'' and then click ``submit.'' This information
collection can be located by searching by OMB control number ``1557-
0325.'' Upon finding the appropriate information collection, click on
the related ``ICR Reference Number.'' On the next screen, select ``View
Supporting Statement and Other Documents'' and then click on the link
to any comment listed at the bottom of the screen.
<bullet> For assistance in navigating <a href="http://www.reginfo.gov">www.reginfo.gov</a>, please
contact the Regulatory Information Service Center at (202) 482-7340.
Board: You may submit comments, which should refer to ``FFIEC
102,'' by any of the following methods:
<bullet> Agency Website: <a href="http://www.federalreserve.gov">http://www.federalreserve.gov</a>. Follow the
instructions for submitting comments at: <a href="http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm">http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm</a>.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#f785929084d994989a9a92998384b79192939285969b85928492858192d9909881"><span class="__cf_email__" data-cfemail="75071012065b161a1818101b01063513101110071419071006100703105b121a03">[email protected]</span></a>. Include ``FFIEC
102'' in the subject line of the message.
<bullet> Fax: (202) 395-6974.
<bullet> Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
All public comments are available on the Board's website at <a href="https://www.federalreserve.gov/apps/foia/proposedregs.aspx">https://www.federalreserve.gov/apps/foia/proposedregs.aspx</a> as submitted,
unless modified for technical reasons. Accordingly, your comments will
not be edited to remove any identifying or contact information.
FDIC: You may submit comments, which should refer to ``FFIEC 102''
by any of the following methods:
<bullet> Agency Website: <a href="https://www.fdic.gov/federal-register-publications">https://www.fdic.gov/federal-register-publications</a>. Follow the instructions for submitting comments on the
FDIC's website.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#5f3c3032323a312b2c1f191b161c71383029"><span class="__cf_email__" data-cfemail="0c6f6361616962787f4c4a48454f226b637a">[email protected]</span></a>. Include ``FFIEC 102'' in the
subject line of the message.
<bullet> Mail: Kimberly Yeh, Senior Attorney, Attn: Comments, Room
MB-3060, 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 550 17th Street NW building (located on F
Street NW) on business days between 7 a.m. and 5 p.m.
<bullet> Public Inspection: Comments received, including any
personal information provided, may be posted without change to <a href="https://www.fdic.gov/federal-register-publications">https://www.fdic.gov/federal-register-publications</a>. Commenters should submit
only information that the commenter wishes to make available publicly.
The FDIC may review, redact, or refrain from posting all or any portion
of any comment that it may deem to be inappropriate for publication,
such as irrelevant or obscene material. The FDIC may post only a single
representative example of identical or substantially identical
comments, and in such cases will generally identify the number of
identical or substantially identical comments represented by the posted
example. All comments that have been redacted, as well as those that
have not been posted, that contain comments on the merits of this
document will be retained in the public comment file and will be
considered as required under all applicable laws. All comments may be
accessible under the Freedom of Information Act.
Additionally, written comments and recommendations for the proposed
information collections 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 these particular
information collections by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: For further information about the
information collections discussed in this notice, please contact any of
the agency staff whose names appear below. In addition, copies of the
FFIEC 102 reporting forms and instructions can be obtained at the
FFIEC's website (<a href="https://www.ffiec.gov/resources/reporting-forms/ffiec102">https://www.ffiec.gov/resources/reporting-forms/ffiec102</a>).
OCC: Shaquita Merritt, Clearance Officer, (202) 649-5490, Chief
Counsel's Office, Office of the Comptroller of the Currency, 400 7th
Street SW, Washington, DC 20219. If you are deaf, hard of hearing, or
have a speech disability, please dial 7-1-1 to access
telecommunications relay services.
Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer,
(202) 452-3884, Office of the Chief Data Officer, Board of Governors of
the Federal Reserve System, 20th and C Streets NW, Washington, DC
20551. Telecommunications Device for the Deaf (TDD) users may call
(202) 263-4869.
FDIC: Kimberly Yeh, Senior Attorney, (202) 898-6514, Legal
Division, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On May 2, 2025, the agencies requested
public comment on a proposal to extend for three years, without
revision, the FFIEC
[[Page 40889]]
102.\1\ The comment period expired on July 1, 2025, and no comments
were received.
---------------------------------------------------------------------------
\1\ 90 FR 18893 (May 2, 2025).
---------------------------------------------------------------------------
The agencies will proceed with the extension without revision of
the FFIEC 102, as proposed, and are sending the collections to OMB for
review.
Report Titles: Market Risk Regulatory Report for Institutions
Subject to the Market Risk Capital Rule.
Form Numbers: FFIEC 102.
Frequency of Response: Quarterly.
Affected Public: Business or other for-profit.
OCC
OMB Number: 1557-0325.
Estimated Number of Respondents: 16 national banks and Federal
savings associations.
Estimated Average Time per Response: 12 hours per quarter.
Estimated Total Annual Burden: 768 hours.
Board
OMB Number: 7100-0365.
Estimated Number of Respondents: 41 state member banks, bank
holding companies, savings and loan holding companies, and intermediate
holding companies.
Estimated Average Time per Response: 12 hours per quarter.
Estimated Total Annual Burden: 1,968 hours.
FDIC
OMB Number: 3064-0199.
Estimated Number of Respondents: 1 insured State nonmember bank and
State savings association.
Estimated Average Time per Response: 12 hours per quarter.
Estimated Total Annual Burden: 48 hours.
General Description of Reports
The Market Risk Regulatory Report for Institutions Subject to the
Market Risk Capital Rule (FFIEC 102) is filed quarterly with the
agencies and provides information for market risk institutions, defined
for this purpose as those institutions that are subject to the market
risk capital rule as incorporated into subpart F of the agencies'
regulatory capital rules \2\ (market risk institutions). Each market
risk institution is required to file the FFIEC 102 for the agencies'
use in assessing the reasonableness and accuracy of the institution's
calculation of its minimum capital requirements under the market risk
capital rule and in evaluating the institution's capital in relation to
its risks. Additionally, the market risk information collected in the
FFIEC 102: (a) permits the agencies to monitor the market risk profile
of, and evaluate the impact and competitive implications of, the market
risk capital rule on individual market risk institutions and the
industry as a whole; (b) provides the most current statistical data
available to identify areas of market risk on which to focus for onsite
and offsite examinations; (c) allows the agencies to assess and monitor
the levels and components of each reporting institution's risk-based
capital requirements for market risk and the adequacy of the
institution's capital under the market risk capital rule; and (d)
assists market risk institutions in validating their implementation of
the market risk framework.
---------------------------------------------------------------------------
\2\ 12 CFR 3.201 (OCC); 12 CFR 217.201 (Board); and 12 CFR
324.201 (FDIC). The market risk capital rule generally applies to
any banking institution with aggregate trading assets and trading
liabilities equal to (a) 10 percent or more of quarter-end total
assets or (b) $1 billion or more.
---------------------------------------------------------------------------
Statutory Basis and Data Availability
The quarterly FFIEC 102 information collection is mandatory for
market risk institutions: 12 U.S.C. 161 (national banks), 12 U.S.C. 324
(State member banks), 12 U.S.C. 1844(c) (bank holding companies), 12
U.S.C. 1467a(b) (savings and loan holding companies), 12 U.S.C. 5365
(U.S. intermediate holding companies), 12 U.S.C. 1817 (insured State
nonmember commercial and savings banks), and 12 U.S.C. 1464 (savings
associations). The FFIEC 102 information collections are not given
confidential treatment.
Request for Comment
The agencies invite comment on the following topics related to
these collections of information:
(a) Whether the information collections are necessary for the
proper performance of the agencies' functions, including whether the
information has practical utility;
(b) The accuracy of the agencies' estimates of the burden of the
information collections, including the validity of the methodology and
assumptions used;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of information collections on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Comments submitted in response to this joint notice will be shared
among the agencies. All comments will become a matter of public record.
Eden Gray,
Assistant Director, Office of the Comptroller of the Currency.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on August 18, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025-15953 Filed 8-20-25; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.