OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Company-Run Annual Stress Test Reporting Template and Documentation for Covered Institutions with Total Consolidated Assets of $250 Billion or More

ICR 202502-1557-001 · OMB 1557-0319 · Received in OIRA

Forms and Documents
Document
Name
Status
Supporting Statement A
2025-02-07
IC Document Collections
IC ID
Document
Title
Status
274055 New
246457 Modified
ICR Details
1557-0319 202502-1557-001
Received in OIRA 202302-1557-002
TREAS/OCC
Company-Run Annual Stress Test Reporting Template and Documentation for Covered Institutions with Total Consolidated Assets of $250 Billion or More
Revision of a currently approved collection   No
Regular 02/21/2025
  Requested Previously Approved
36 Months From Approved 03/31/2026
7 6
2,881 3,558
0 0
Section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) requires certain financial companies, including national banks and federal savings associations, to conduct annual stress tests and requires the primary financial regulatory agency of those financial companies to issue regulations implementing the stress test requirements. Under section 165(i)(2), a covered institution is required to submit to the Board of Governors of the Federal Reserve System (Board) and to its primary financial regulatory agency a report at such time, in such form, and containing such information as the primary financial regulatory agency may require.
PL: Pub.L. 111 - 203 165(i) Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
  
US Code: 12 USC 5365 Name of Law: Economic Growth, Regulatory Relief, and Consumer Protection Act
Not associated with rulemaking
  89 FR 86079 10/29/2024
90 FR 9055 02/05/2025
No
  Total Request 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 7 6 0 1 0 0
Annual Time Burden (Hours) 2,881 3,558 0 -677 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
Yes
Miscellaneous Actions
The updated burden estimate reflects updates to the Board’s estimates and one additional respondent. The burden of completing the OCC’s reporting forms should be substantially covered by the burden of completing the Board’s FR Y-14A reporting form (OMB No. 7100-0341) since the OCC’s form is substantially similar to the Board’s. The OCC estimates there will be only a limited marginal burden to complete the OCC’s forms in addition to the FR Y-14A and accordingly estimates the marginal burden of completing the OCC reporting form as one-third of the Board’s estimated burden to complete the FR Y-14A (1,330 hours).
No
    No
    No
No
Yes
No
No
Henry Barkhausen 202 649-7191 henry.barkhausen@occ.treas.gov
  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.
02/21/2025