The Boardâs Regulation Q - Capital Adequacy of Bank Holding Companies, Savings and Loan Holding Companies, and State Member Banks (12 CFR Part 217) sets forth the capital adequacy requirements for state member banks (SMBs), certain bank holding companies (BHCs), U.S. intermediate holding companies (IHCs), and certain covered savings and loan holding companies (SLHCs) (collectively, Board-regulated institutions).
US Code:
12 USC 1844(b)
Name of Law: Bank Holding Company Act of 1956
US Code:
12 USC 1467a(g)
Name of Law: Home Ownersâ Loan Act
US Code:
12 USC 5365
Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
US Code:
12 USC 5365(b)(1)(A)(i)
Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
US Code:
12 USC 5365(b)(1)(B)(iv)
Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
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 1467a(b)(2)
Name of Law: Home Ownersâ Loan Act
US Code:
12 USC 248(a)
Name of Law: Federal Reserve Act
US Code:
12 USC 1831o
Name of Law: Federal Deposit Insurance Act
US Code:
12 USC 3907(a)(1)
Name of Law: International Lending Supervision Act of 1983
US Code:
12 USC 1813(q)
Name of Law: Federal Deposit Insurance Act
The estimated total annual burden for the FR Q is 76,216 hours, and would increase to 76,250 hours with the revisions. The Board revised the FR Q information collection to account for a reporting provision in section 217.37(c)(4)(i)(E) of Regulation Q and a disclosure provision in section 217.124(a) of Regulation Q, which have not been previously cleared by the Board under the Paperwork Reduction Act (PRA).
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_20230324_omb.pdf
Advanced Approach - Disclosure Section 217.173 Table 13