OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Market Risk Capital Rule

ICR 201908-7100-008 · OMB 7100-0314 · Active

Forms and Documents
Document
Name
Status
Supporting Statement A
2019-10-01
IC Document Collections
IC ID
Document
Title
Status
45368
Modified
204387
Modified
204386
Modified
204385
Modified
204384
Modified
204383
Modified
204382
Removed
204381
Removed
204380
Modified
204379
Modified
ICR Details
7100-0314 201908-7100-008
Active 201608-7100-018
FRS FR 4201
Market Risk Capital Rule
Revision of a currently approved collection   No
Delegated
Approved without change 10/01/2019
Retrieve Notice of Action (NOA) 10/01/2019
  Inventory as of this Action Requested Previously Approved
10/31/2022 36 Months From Approved 12/31/2019
340 0 684
13,148 0 70,704
0 0 0
The market risk rule, which requires banking organizations to hold capital to cover their exposure to market risk, is an important component of the Board’s regulatory capital framework (12 CFR 217; Regulation Q). The respondents for this collection of information are bank holding companies (BHCs), savings and loan holding companies (SLHCs), intermediate holding companies, and state member banks that meet certain risk thresholds described below. There are no required reporting forms associated with this information collection (the FR 4201 designation is for internal purposes only).
US Code: 12 USC 324 Name of Law: Federal Reserve Act
   US Code: 12 USC 248(a) 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 5365 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
   US Code: 12 USC 3106(a) Name of Law: International Banking Act of 1978
   US Code: 12 USC 1467a(b)(2) and (g) Name of Law: Home Owners’ Loan Act
  
None
Not associated with rulemaking
  84 FR 14113 04/09/2019
84 FR 39843 08/12/2019
No
  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 340 684 0 -344 0 0
Annual Time Burden (Hours) 13,148 70,704 0 -57,556 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
Yes
Miscellaneous Actions
The estimated total annual burden for the FR 4201 is 70,704 hours, and would decrease to 13,148 hours with the adopted revisions. The decrease in burden results primarily from a decrease in the estimated number of respondents for the prior written approvals required by sections 217.203, .204, .206, .208, and .209 of the market risk rule. The Board believes that few, if any, additional entities will request such prior approvals in the next three years. Additionally, a number of provisions of the market risk rule that were previously included as information collections in FR 4201 have been omitted from this proposal, as they are not collections of information under the PRA.
$0
No
    No
    No
No
No
No
Uncollected
Kaitlin Chiarelli 571 372-4529 kaitlin.m.chiarelli.ctr@mail.mil
  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:
 
 
 
 
 
 
 
    (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.
10/01/2019