OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Margin and Capital Requirements for Covered Swap Entities-Final Rule

ICR 201811-1557-003 · OMB 1557-0251 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
1557-0251 Swaps Supporting Statement 11-15-18 (2).doc Supporting Statement A Uploaded 2018-11-15 Available
IC Document Collections
IC IDCollectionTypeStatusForm
234048 Sections 45.1(d)(1) and (2) Meeting criteria for exemption New
218751 Section 45.11(b)(1) Posting Initial Margin Modified
218750 Section 45.8(f)(3) Initial Margin Model Reporting Modified
218749 Section 45.7(c) Custody Agreement Modified
212501 Section 45.9(e) Requests for Determinations Modified
212500 Section 45.8(h) Escalation Procedures Modified
212499 Section 45.8(e) Periodic Review; Section 45.8(f) Control, Oversight, and Validation Mechanisms Modified
212498 Sections 45.8(c) and (d) Initial Margin Model Modified
212497 Section 45.5(c)(2) Required Margin Modified
197199 Section 45.2 - Definition of "Eligible Master Netting Agreement"; Section 45.8(g) Documentation; Section 45.10 Documentation of Margin Matters Modified
ICR Details
1557-0251 201811-1557-003
Historical Active 201510-1557-001
TREAS/OCC
Margin and Capital Requirements for Covered Swap Entities-Final Rule
Extension without change of a currently approved collection   No
Regular
Approved without change 03/11/2019
Retrieve Notice of Action (NOA) 02/05/2019
  Inventory as of this Action Requested Previously Approved
03/31/2022 36 Months From Approved 03/31/2019
2,610 0 5,200
17,390 0 14,780
0 0 0
Sections 731 and 764 of the Dodd-Frank Wall Street Reform and Consumer Protection Act require the OCC, FRB, FDIC, FHFA, and FCA to adopt joint rules for swap entities under their jurisdictions imposing capital requirements and initial and variation margin requirements on all non-cleared swaps.
PL: Pub.L. 111 - 203 731, 764 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
  
Statute at Large: 124 Stat. 1376 Name of Statute: Dodd-Frank Wall Street Reform and Consumer Protection Act
Not associated with rulemaking
  83 FR 55598 11/06/2018
84 FR 1825 02/05/2019
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 2,610 5,200 0 0 -2,590 0
Annual Time Burden (Hours) 17,390 14,780 0 0 2,610 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The merger of OMB Control No. 1557-0335 into this collection increased the burden and the decrease in the number of institutions subject to the rule decreased the burden, resulting in an overall burden increase.
No
    No
    No
No
Yes
No
Uncollected
Carl Kaminski 202 649-5869 [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.
02/05/2019