APPROVED WITH THE CONDITION THAT THE OCC IN THE NEXT SUBMISSION OF THIS PACKET INCLUDE A TIMETABLE FOR OFFERING THE OPTION OF ELECTRONIC COLLECTION OF THIS INFORMATION. THIS CONDITION IS BEING IMPOSED TO ENSURE THAT THE OCC IMPOSES ONLY THE MINIMUM BURDEN NECESSARY AND INVESTIGATES ALL AVENUES OF INFORMATION TECHNOLOGY AS REQUIRED BY THE PAPERWORK REDUCTION ACT AND ITS IMPLEMENTING REGULATIONS AT 5 CFR 1320. IN ADDITION, THE OCC SHOULD COORDINATE THIS REVIEW, AND AN ESTIMATION OF THE BURDEN IMPOSED BY THESE COLLECTIONS, WITH THE FEDERAL RESERVE BOARD. TO FACILITATE THIS COORDINATION, OCC HAS BEEN GIVEN THE SAME EXPIRATION DATE AS THE FRB, 12/31/90.
Inventory as of this Action
Requested
Previously Approved
12/31/1990
12/31/1990
09/30/1988
3,675
0
1,900
18,202
0
15,562
0
0
0
COLLECTED DATA ARE NEEDED TO DETERMINE TYPES, EXTENT AND FINANCIAL VIABILITY OF FIDUCIARY ACTIVITIES. DATA ARE USED TO ANALYZE, SUPERVISE, AND EXAMINE BANK FIDUCIARY ACTIVITIES. ANALYTICAL REPORTS A PREPARED FROM THE DATA. NATIONAL BANKS AUTHORIZED TO EXERCISE FIDUCIARY POWERS ARE THE AFFECTED PUBLIC.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.