In September and October of 2013, the Office of the Comptroller of the Currency (OCC), Board, and Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) published final rules that revised their risk-based and leverage capital requirements for banking organizations. For the Board, Regulation Q - Capital Adequacy of Bank Holding Companies, Savings and Loan Holding Companies, and State Member Banks (12 CFR 217) was revised and created recordkeeping and disclosure requirements.
US Code:
12 USC 3907(a)(1)
Name of Law: International Lending Supervision Act of 1983
US Code:
12 USC 324
Name of Law: Federal Reserve Act
US Code:
12 USC 1844(c)
Name of Law: Bank Holding Company Act of 1956
US Code:
12 USC 1831o(c)
Name of Law: Federal Deposit Insurance Act
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.
FRQ_20191211_omb.pdf
Risk-based Capital Surcharge for GSIBs - Recordkeeping Sections 217.402 and 217.403