OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Financial Statements of U.S. Nonbank Subsidiaries Held by FBOs, Abbreviated Financial Statements of U.S. Nonbank Subsidiares Held by FBOs, Capital and Asset Report for Foreign Banking Organizations

ICR 200811-7100-008 · OMB 7100-0125 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form FR Y-7N Annual Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations Form Modified Repair queued
Form FR Y-7N Quarterly Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations Form Modified Available
FRY7N_NS_Q.200811.omb.doc Supporting Statement A Uploaded 2009-03-13 Available
IC Document Collections
IC IDCollectionTypeStatusForm
46514 Annual Capital and Asset Report for Foreign Banking Organizations Instruction Modified
46513 Quarterly Capital and Asset Report for Foreign Banking Organizations Instruction Modified
46512 Abbreviated Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations Instruction Modified
46511 Annual Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations Form Modified
46510 Quarterly Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations Form Modified
ICR Details
7100-0125 200811-7100-008
Historical Active 200810-7100-003
FRS FR Y-7N, FR Y-7NS, FR Y-7Q
Financial Statements of U.S. Nonbank Subsidiaries Held by FBOs, Abbreviated Financial Statements of U.S. Nonbank Subsidiares Held by FBOs, Capital and Asset Report for Foreign Banking Organizations
Revision of a currently approved collection   No
Delegated
Approved without change 03/20/2009
Retrieve Notice of Action (NOA) 03/20/2009
  Inventory as of this Action Requested Previously Approved
03/31/2011 03/31/2011 02/28/2011
1,574 0 1,574
7,122 0 6,650
0 0 0
The FR Y-7N and FR Y-7NS collect financial information for non-functionally regulated U.S. nonbank subsidiaries held by foreign banking organizations (FBOs) other than through a U.S. bank holding company (BHC), U.S. financial holding company (FHC) or U.S. bank. The FR Y-7Q collects consolidated regulatory capital information from all FBOs either quarterly or annually. The Federal Reserve System uses the information to assess an FBO's ability to be a continuing source of strength to its U.S. operations and to determine compliance with U.S. laws and regulations.
US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act
   US Code: 12 USC 3106(c) and 3108 Name of Law: International Banking Act
  
None
Not associated with rulemaking
  73 FR 67159 11/13/2008
74 FR 10741 03/12/2009
No
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,574 1,574 0 0 0 0
Annual Time Burden (Hours) 7,122 6,650 0 472 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The Federal Reserve proposes to revise Schedule BS-M-Memoranda to also capture 1) the fair value of loans held for trading, 2) the fair value of loans held for trading that are past due 90 days or more or in nonaccrual status, and 3) the unpaid principal balance of these loans that are past due or in nonaccrual status.
$48,957
No
No
Uncollected
Uncollected
No
Uncollected
Scott Farmer 202-452-2253 [email protected]
  No
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.
03/20/2009