The Country Exposure Report collects information on international claims of U.S. banks, savings associations and bank holding companies that is used for supervisory and analytical purposes to monitor banks' country exposure to determine the degree of risk in their portfolios. The Country Exposure Information Report provides public information on material foreign country exposure of respondents filing the Country Exposure Report.
US Code:
12 USC 248(a)
Name of Law: Federal Reserve Act
US Code:
12 USC 1844(c)
Name of Law: Bank Holding Company Act
US Code:
12 USC 3906
Name of Law: International Lending Supervision Act
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.