International Applications and Prior Notifications Under Subpart B of Regulation K

ICR 201409-7100-015 · OMB 7100-0284 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 7100-0284 can be found here:

Forms and Documents

Document	Type	Status	Availability
Form FR K-2 International Applications and Prior Notifications Under Subpart B of Regulation K	Form and Instruction	Modified	Repair queued
FRK2_201409_83c.pdf	Justification for No Material/Nonsubstantive Change	Uploaded 2014-09-23	Repair queued

IC Document Collections

IC ID	Collection	Type	Status	Form
36320	International Applications and Prior Notifications Under Subpart B of Regulation K	Form and Instruction	Modified

ICR Details

OMB Control No: 7100-0284	ICR Reference No: 201409-7100-015
Status: Historical Active	Previous ICR Reference No: 201012-7100-015
Agency/Subagency: FRS	Agency Tracking No: FR K-2
Title: International Applications and Prior Notifications Under Subpart B of Regulation K
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/28/2014
Retrieve Notice of Action (NOA)	Date Received in OIRA: 09/28/2014
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2015	03/31/2015	03/31/2015
Responses	14	0	18
Time Burden (Hours)	490	0	630
Cost Burden (Dollars)	0	0	0

Abstract: Foreign banks are required to obtain the prior approval of the Federal Reserve to establish a branch, agency, or representative office; to acquire ownership or control of a commercial lending company in the United States; or to change the status of any existing office in the United States. The Federal Reserve uses the information, in part, to fulfill its statutory obligation to supervise foreign banking organizations with offices in the United States.

Authorizing Statute(s): US Code: 12 USC 3105, 3107 and 3108 Name of Law: International Banking Act

Citations for New Statutory Requirements: None

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 81607	12/28/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	76 FR 13188	03/10/2011
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
International Applications and Prior Notifications Under Subpart B of Regulation K	FR K-2	International Applications and Prior Notifications Under Subpart B of Regulation K

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	14	18	-4
Annual Time Burden (Hours)	490	630	-140
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: Decrease in burden hours reflects update to the respondent count.

Annual Cost to Federal Government: $0

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]? No

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