Information Collection Request

Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks; Report of Assets and Liabilities of Non-U.S. Branches That Are Managed or Controlled by a U.S. Branch or Agency of a Fo

ICR 201011-7100-002 · OMB 7100-0032 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 7100-0032 can be found here:

Forms and Documents

Document	Type	Status	Availability
Form FFIEC 002 Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks	Form	Modified	Available
Form FFIEC 002S Report of Assets and Liabilities of Non-U.S. Branches That Are Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank	Form	Unchanged	Available
FFIEC002_FFIEC002S_20101109_omb.docx	Supporting Statement A	Uploaded 2010-11-09	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
36008	Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks	Form	Modified
183721	Report of Assets and Liabilities of Non-U.S. Branches That Are Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank	Form	Unchanged

ICR Details

OMB Control No: 7100-0032	ICR Reference No: 201011-7100-002
Status: Historical Active	Previous ICR Reference No: 201006-7100-001
Agency/Subagency: FRS	Agency Tracking No: FFIEC 002; FFIEC 002S
Title: Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks; Report of Assets and Liabilities of Non-U.S. Branches That Are Managed or Controlled by a U.S. Branch or Agency of a Fo
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/21/2010
Retrieve Notice of Action (NOA)	Date Received in OIRA: 11/09/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2013	09/30/2013	09/30/2013
Responses	1,200	0	1,200
Time Burden (Hours)	25,507	0	25,488
Cost Burden (Dollars)	0	0	0

Abstract: The FFIEC requires U.S. branches and agencies of foreign banks to provide balance sheet information quarterly on this interagency report to fulfill the supervisory and regulatory reporting requirements of the International Banking Act of 1978. The Federal Reserve also uses the data to augment the bank credit, loan, and deposit information needed for monetary policy purposes. The FFIEC requires U.S. branches and agencies of foreign banks that manage or control any non-U.S. branch to provide selected balance sheet information on such non-U.S. branches quarterly on this interagency report to assist in the supervision of U.S. office of foreign banks, and to augment the bank credit, loan, and deposit information needed for monetary policy purposes.

Authorizing Statute(s): US Code: 5 USC 552(b)(4) Name of Law: Freedom of Information Act
   US Code: 12 USC 3102(b) Name of Law: International Banking Act
   US Code: 12 USC 3105(c)(2) Name of Law: International Banking Act
   US Code: 12 USC 1817(a) Name of Law: Federal Deposit Insurance Act

Citations for New Statutory Requirements: PL: Pub.L. 111 - 203 343 Name of Law: Dodd-Frank Act

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 54227	09/03/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 68856	11/09/2010
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks	FFIEC 002	Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks
Report of Assets and Liabilities of Non-U.S. Branches That Are Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank	FFIEC 002S	Report of Assets and Liabilities of Non-U.S. Branches That Are Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute
Annual Number of Responses	1,200	1,200	0
Annual Time Burden (Hours)	25,507	25,488	19
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The agencies propose to add two data items to Schedule O of the FFIEC 002 for collecting data related to deposit insurance assessments and to revise the instructions for an existing item to Schedule O effective December 31, 2010. These changes respond to amendments made to the Federal Deposit Insurance Act (FDI Act) by Section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) (Pub. L. 111-203, July 21, 2010) pertaining to the insurance of transaction accounts. The proposed annual burden for the FFIEC 002 is estimated to increase by 19 hours from the current burden of 24,048 hours.

Annual Cost to Federal Government: $221,900

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Scott Farmer 202-452-2253 [email protected]

Common Form ICR: No