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Federal forms, ICRs, and supporting documents

Information Collection Request

Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of the Basel II Advanced Capital Framework

ICR 201107-1557-044 · OMB 1557-0292 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
1550.0NEW.BASEL.II.08.04.2008.doc Supporting Statement A Uploaded 2008-08-04 Available
IC Document Collections
IC IDCollectionTypeStatusForm
185983 Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of Basel II Advanced Capital Framework New
ICR Details
1557-0292 201107-1557-044
Historical Active
TREAS/OCC
Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of the Basel II Advanced Capital Framework
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 07/21/2011
Retrieve Notice of Action (NOA) 07/21/2011
  Inventory as of this Action Requested Previously Approved
09/30/2011 36 Months From Approved
4 0 0
1,680 0 0
0 0 0
The agencies published guidance regarding the supervisory review process for capital adequacy (Pillar 2) provided in the Basel II advanced approaches final rule, which was published in the Federal Register on December 7, 2007 (advanced approaches final rule) The supervisory review process described in this guidance outlines the agencies' expectations for(i) satisfying the qualification requirements provided in the advanced approaches final rule; (ii) addressing the limitations of the minimum risk-based capital requirements for credit risk and operational risk; (iii) ensuring that each institution has a rigorous process for assessing its overall capital adequacy in relation to its risk profile and comprehensive strategy for maintaining appropriate capital levels; and (iv) encouraging each institution to improve its risk identification and measurement techniques. This supervisory guidance applies to any bank or financial institution implementing the advanced approaches final rule.
US Code: 12 USC 1 et seq. Name of Law: National Bank Act
  
None
Not associated with rulemaking
  72 FR 9084 02/28/2007
73 FR 44620 07/31/2008
Yes
  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 4 0 0 4 0 0
Annual Time Burden (Hours) 1,680 0 0 1,680 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
Due to the fact that this is a new collection, OTS is citing an increase in the burden as a program change.
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Ira Mills 202 906-6531 [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.
08/04/2008