OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Bank Holding Company Report of Insured Depository Institutions' Section 23A Transactions with Affiliates

ICR 201504-7100-002 · OMB 7100-0126 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form FR Y-8 Institutions with covered transactions Form Modified Repair queued
Form FR Y-8 Institutions without covered transactions Form Modified Repair queued
FRY8_20150429_omb.pdf Supporting Statement A Uploaded 2015-04-29 Available
IC Document Collections
IC IDCollectionTypeStatusForm
36144 Institutions with covered transactions Form Modified
186781 Institutions without covered transactions Form Modified
ICR Details
7100-0126 201504-7100-002
Historical Active 201504-7100-001
FRS FR Y-8
Bank Holding Company Report of Insured Depository Institutions' Section 23A Transactions with Affiliates
Extension without change of a currently approved collection   No
Delegated
Approved without change 04/29/2015
Retrieve Notice of Action (NOA) 04/29/2015
  Inventory as of this Action Requested Previously Approved
04/30/2018 36 Months From Approved 04/30/2015
20,984 0 20,984
47,422 0 47,422
0 0 0
The FR Y-8 collects information on transactions between an insured depository institution and its affiliates that are subject to section 23A of the Federal Reserve Act. The FR Y-8 is filed quarterly by all top-tier bank holding companies (BHCs), including financial holding companies (FHCs) and savings and loan holding companies (SLHCs), for all insured depository institutions that are owned by the BHC and by foreign banking organizations (FBOs) that directly own a U.S. subsidiary bank. The FR Y-8 reporting form comprises a cover page, declaration page, and two pages collecting data on covered transactions and derivatives. The primary purpose of the data is to enhance the Federal Reserve's ability to monitor insured depository institutions' exposures to affiliates and to ensure insured depository institutions' compliance with section 23A of the Federal Reserve Act. Section 23A of the Federal Reserve Act is one of the most important statutes on limiting exposures to individual institutions and protecting against the expansion of the federal safety net.
US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act
   US Code: 12 USC 1467a(b)(2) Name of Law: Home Owners' Loan Act
   US Code: 5 USC 552(b)(4) Name of Law: Freedom of Information Act
  
None
Not associated with rulemaking
  80 FR 7592 02/11/2015
80 FR 23274 04/27/2015
No
  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 20,984 20,984 0 0 0 0
Annual Time Burden (Hours) 47,422 47,422 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$264,300
No
No
No
No
No
Uncollected
Scott Farmer 202-452-2253 [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.
04/29/2015