Report of Foreign (Non-U.S.) Currency Deposits

Forms and Documents

Document Name	Status
Form FR 2915 Report of Foreign (Non-U.S.) Currency Deposits Form and Instruction	Modified
FR2915.200906_83c.pdf Justification for No Material/Nonsubstantive Change	2009-06-19

IC Document Collections

IC ID	Document Title	Status
43335	Report of Foreign (Non-U.S.) Currency Deposits Form and Instruction	Modified

ICR Details

OMB Control No: 7100-0237	ICR Reference No: 200906-7100-007
Status: Historical Active	Previous ICR Reference No: 200609-7100-002
Agency/Subagency: FRS	Agency Tracking No: FR 2915
Title: Report of Foreign (Non-U.S.) Currency Deposits
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/06/2009
	Date Received in OIRA: 07/06/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2009	09/30/2009	09/30/2009
Responses	460	0	428
Time Burden (Hours)	230	0	214
Cost Burden (Dollars)	0	0	0

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Abstract: All FR 2900 respondents, both weekly and quarterly, that offer deposits denominated in foreign currencies at their U.S. offices file the FR 2915. The six items on the FR 2915 break out the amounts of these foreign currency-denominated deposits that are included in selected FR 2900 line items. The data are also used to monitor the volume of foreign currency deposits.

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Authorizing Statute(s): US Code: 12 USC 248(a)(2), and 347(d) Name of Law: Federal Reserve Act and Garn-St. Germain Depository Institutions Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	71 FR 26763	05/08/2006
30-day Notice:	Federal Register Citation:	Citation Date:
	71 FR 41804	07/24/2006
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Report of Foreign (Non-U.S.) Currency Deposits	FR 2915	Report of Foreign (Non-U.S.) Currency Deposits

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ICR Summary of Burden

	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	460	428	0	0	32	0
Annual Time Burden (Hours)	230	214	0	0	16	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The increase in burden reflects an increase in the respondent panel.

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Annual Cost to Federal Government: $19,024

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 07/06/2009

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