Basel II Interagency Pillar 2 Supervisory Guidance

Forms and Documents

Document Name	Status
FR4199_20110404_83c.pdf Justification for No Material/Nonsubstantive Change	2011-04-04

IC Document Collections

IC ID	Document Title	Status
181206	Basel II Interagency Pillar 2 Supervisory Guidance	Modified

ICR Details

OMB Control No: 7100-0320	ICR Reference No: 201103-7100-010
Status: Historical Active	Previous ICR Reference No: 200707-7100-004
Agency/Subagency: FRS	Agency Tracking No: FR 4199
Title: Basel II Interagency Pillar 2 Supervisory Guidance
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: 04/08/2011
	Date Received in OIRA: 04/08/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2011	09/30/2011	09/30/2011
Responses	18	0	15
Time Burden (Hours)	7,560	0	6,300
Cost Burden (Dollars)	0	0	0

---

Abstract: This supervisory guidance assisted financial institutions implementing revisions to the risk-based capital standards in the United States, the Advanced Capital Adequacy Framework - Basel II (framework). In addition, this supervisory guidance provided detail for the supervisory review process that helped banks satisfy the qualification requirements in the final rule. For the Pillar 2 guidance, the Office of the Comptroller of the Currency (OCC), the Office of Thrift Supervision (OTS), the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC), (the agencies) determined that paragraphs 37, 41, 43, and 46 contain information collection requirements that were beyond the scope of the burden estimates developed for the final rule. The Pillar 2 guidance contains certain documentation or recordkeeping requirements for state member banks and bank holding companies (BHCs).

---

Authorizing Statute(s): US Code: 12 USC 324(B) Name of Law: Federal Reserve Act
   US Code: 12 USC 1844(c)(1)(A) Name of Law: Bank Holding Company Act
   US Code: 5 USC 552(b)(4), (b)(6), and (b)(8) Name of Law: Freedom of Information Act
  

Citations for New Statutory Requirements: None

---

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

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 9084	02/28/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 44620	07/31/2008
Did the Agency receive public comments on this ICR? Yes

---

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

IC Title	Form No.	Form Name
Basel II Interagency Pillar 2 Supervisory Guidance

---

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	18	15	0	0	3	0
Annual Time Burden (Hours)	7,560	6,300	0	0	1,260	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 hours reflects an update to the FR 4199 respondent count.

---

Annual Cost to Federal Government: $0

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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

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

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  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:

(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: 04/08/2011

---