OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Reporting Requirements Associated with Regulation XX (Concentration Limit); Financial Company Report of Consolidated Liabilities

ICR 201410-7100-002 · OMB 7100-0363 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form FR XX-1 Ongoing - Financial Company (as defined) Report of Consolidated Liabilities Form New Available
Form FR XX-1 Initial set-up - Financial Company (as defined) Report of Consolidated Liabilities Form New Repair queued
RegXX_20141210_omb.pdf Supporting Statement A Uploaded 2014-12-10 Available
IC Document Collections
IC IDCollectionTypeStatusForm
214215 Ongoing - Financial Company (as defined) Report of Consolidated Liabilities Form New
214214 Initial set-up - Financial Company (as defined) Report of Consolidated Liabilities Form New
214213 Section 251.4(c) New
214211 Section 251.4(b) New
ICR Details
7100-0363 201410-7100-002
Historical Active
FRS Reg XX; FR XX-1
Reporting Requirements Associated with Regulation XX (Concentration Limit); Financial Company Report of Consolidated Liabilities
New collection (Request for a new OMB Control Number)   No
Delegated
Approved without change 12/11/2014
Retrieve Notice of Action (NOA) 12/11/2014
  Inventory as of this Action Requested Previously Approved
12/31/2017 36 Months From Approved
82 0 0
300 0 0
0 0 0
The Federal Reserve has adopted a final rule that would implement section 14 of the Bank Holding Company Act of 1956 (BHC Act), which was added by section 622 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Section 14 establishes a financial sector concentration limit that generally prohibits a financial company from merging or consolidating with, or acquiring, another company if the resulting company's liabilities upon consummation would exceed 10 percent of the aggregate liabilities of all financial companies. Regulation XX establishes reporting requirements for financial companies that do not otherwise report consolidated financial information to the Federal Reserve or other appropriate Federal banking agency and creates a new reporting form, the Financial Company (as defined) Report of Consolidated Liabilities (FR XX-1).
US Code: 5 USC 552(b)(4) Name of Law: Freedom of Information Act
   US Code: 12 USC 1852(d) Name of Law: Bank Holding Company Act
  
PL: Pub.L. 111 - 203 124 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
7100-AE18 Final or interim final rulemaking 79 FR 68095 11/14/2014
  79 FR 27801 05/15/2014
79 FR 68095 11/14/2014
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 82 0 82 0 0 0
Annual Time Burden (Hours) 300 0 300 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
No
No
Yes
No
Uncollected
Mark Tokarski 202-452-5241 [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.
12/11/2014