These quarterly reporting requirements were established by the Federal Financial Institutions Examination Council (FFIEC)for banks that quality for and adopt the Advanced Capital Adequacy Framework or are in the parallel run state of qualifying for the framework.
The revisions to the FFIEC 101 report would align the report with the revised regulatory capital rules, often referred to as Basel III, that were approved by the FDIC, the FRB, and the OCC during July 2013. In summary, the revisions to the FFIEC 101 report would:
⢠Incorporate into Schedule AâAdvanced Approaches Regulatory Capital, the Basel III common disclosure template that was adopted by the Basel Committee on Banking Supervision in June 2012 and include additional line items, such as the supplementary leverage ratio, to collect data on the new requirements established by the revised regulatory capital rules.
⢠Make the information collected on revised Schedule A, except for a few specific line items, available to the public starting with the March 31, 2014, report date to ensure transparency of regulatory capital information reported by internationally active institutions.
⢠Revise nine of the risk-weighted assets schedules in the FFIEC 101 report (Schedules B, C, D, H, I, J, P, Q, and R) to ensure that the data reported in these schedules are consistent with the Advanced Capital Adequacy Framework's revised regulatory capital rules, thereby facilitating the timely implementation of these revised rules in 2014.
Currently, there are 8 FDIC-supervised institutions subject to the FFIEC 101 reporting requirements compared to the 9 institutions in the currently approved information collection inventory. The analysis of the change in burden requested in this submission is as follows:
Currently approved burden 22,500 hours
Revisions to content of report (program change) + 1,600 hours
Adjustment (change in use) - 2,500 hours
Requested (revised) burden: 21,600 hours
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.
Form FFIEC 101 Advanced Capital Adequacy Framework Regulatory Reporting Requirments
FR2-0159 FFIEC 101 1-14-14.pdf
SPST-0159 FFIEC 101 Supporting Statement 1-17-14 (Updated 3-11-14).doc
Advanced Capital Adequacy Framework Regulatory Reporting Requirments