The Federal Financial Institutions Examination Council (FFIEC), of which the Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (the agencies) are members, adopted revised regulatory capital rules in July 2013 (revised regulatory capital rules). The FFIEC 102 reflects those rules and collect key information from respondents on how they measure and calculate market risk under the agenciesâ revised regulatory capital rules. The FDIC and the OCC have also submitted a similar request for OMB review for institutions under their supervision.
Each market risk institution files the FFIEC 102 for the agenciesâ use in assessing the reasonableness and accuracy of the institutionâs calculation of its minimum capital requirements under the market risk capital rule and in evaluating the institutionâs capital in relation to its risks. Additionally, the market risk information collected in the FFIEC 102 (1) permits the agencies to monitor the market risk profile of and evaluate the impact and competitive implications of the market risk capital rule on individual market risk institutions and the industry as a whole; (2) provides the most current statistical data available to identify areas of market risk on which to focus for onsite and offsite examinations; (3) allows the agencies to assess and monitor the levels and components of each reporting institutionâs risk-based capital requirements for market risk and the adequacy of the institutionâs capital under the market risk capital rule; and (4) assists market risk institutions to implement and validate the market risk framework. In the Boardâs case, state member banks (SMBs), bank holding companies (BHCs), and savings and loan holding companies (SLHCs) subject to the market risk rules are required to file the FFIEC 102.
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 102 Market Risk Regulatory Report for Institutions Subject to the Market Risk Capital Rule
FFIEC 102 18 Question OMB SS.pdf
Market Risk Regulatory Report for Institutions Subject to the Market Risk Capital Rule