[Federal Register Volume 76, Number 77 (Thursday, April 21, 2011)]
[Notices]
[Pages 22450-22451]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-9634]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Agency Information Collection Activities; Proposed Information
Collection Requirements; Comment Request
AGENCIES: Office of the Comptroller of the Currency, Treasury (OCC);
Board of Governors of the Federal Reserve System (Board); Federal
Deposit Insurance Corporation (FDIC); and Office of Thrift Supervision,
Treasury (OTS) (collectively, the agencies).
ACTION: Notice.
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SUMMARY: The agencies, as part of their continuing effort to reduce
paperwork and respondent burden, invites the general public and other
Federal agencies to comment on a continuing information collection, as
required by the Paperwork Reduction Act of 1995. An agency may not
conduct or sponsor, and a respondent is not required to respond to, an
information collection unless it displays a currently valid Office of
Management and Budget (OMB) control number. The agencies are soliciting
comment concerning a continuing information collection titled ``Basel
II Interagency Supervisory Guidance for the Supervisory Review Process
(Pillar 2).''
DATES: Comments must be received by June 20, 2011.
ADDRESSES: Comments should be addressed to:
OCC: Communications Division, Office of the Comptroller of the
Currency, Mailstop 2-3, Attention: 1557-0242, 250 E Street, SW.,
Washington, DC 20219. In addition, comments may be sent by fax to (202)
874-5274, or by electronic mail to [email protected]. You may
personally inspect and photocopy the comments at the OCC, 250 E Street,
SW., Washington, DC 20219. For security reasons, the OCC requires that
visitors make an appointment to inspect comments. You may do so by
calling (202) 874-4700. Upon arrival, visitors will be required to
present valid government-issued photo identification and to submit to
security screening in order to inspect and photocopy comments.
Board: You may submit comments, identified by FR 4199, by any of
the following methods:
Agency Web Site: http://www.federalreserve.gov. Follow the
instructions for submitting comments at http://www.federalreserve.gov/.
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
Fax: (202) 452-3819 or (202) 452-3102.
Mail: Jennifer J. Johnson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue,
NW., Washington, DC 20551.
All public comments are available from the Board's Web site at
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as
submitted, except as necessary for technical reasons. Accordingly, your
comments will not be edited to remove any identifying or contact
information. Public comments may also be viewed electronically or in
paper form in Room MP-500 of the Board's Martin Building (20th and C
Streets, NW.) between 9 a.m. and 5 p.m. on weekdays.
FDIC: You may submit comments by any of the following methods:
Agency Web Site: http://www.fdic.gov/regulations/laws/federal/notices.html. Follow instructions for submitting comments on
the Agency Web Site.
E-mail: [email protected]. Include ``Basel II Supervisory
Guidance'' in the subject line of the message.
Mail: Robert E. Feldman, Executive Secretary, Attention:
Comments, Federal Deposit Insurance Corporation, 550 17th Street, NW.,
Washington, DC 20429.
Hand Delivery/Courier: Guard station at the rear of the
550 17th Street Building (located on F Street) on business days between
7 a.m. and 5 p.m. (EST).
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
Public Inspection: All comments received will be posted
without change to http://www.fdic.gov/regulations/laws/federal
including any personal information provided. Comments may be inspected
and photocopied in the FDIC Public Information Center, 3501 North
Fairfax Drive, Room E-1002, Arlington, VA 22226, between 9 a.m. and 5
p.m. (EST) on business days. Paper copies of public comments may be
ordered from the Public Information Center by telephone at (877) 275-
3342 or (703) 562-2200.
OTS: Information Collection Comments, Chief Counsel's Office,
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552;
send a facsimile transmission to (202) 906-6518; or send an e-mail to
[email protected]. OTS will post comments and the
related index on the OTS Internet site at http://www.ots.treas.gov. In
addition, interested persons may inspect the comments at the Public
Reading Room, 1700 G Street, NW., by appointment. To make an
appointment, call (202) 906-5922, send an e-mail to
public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to (202)
906-7755. A copy of the comments may also be submitted to the OMB desk
officer for the Agencies: By mail to U.S. Office of Management and
Budget, 725 17th Street, NW., Room 10235, Washington, DC 20503 or by
facsimile to 202-395-6974, Attention: Federal Banking Agency Desk
Officer.
FOR FURTHER INFORMATION CONTACT:
OCC: Mary H. Gottlieb, OCC Clearance Officer, (202) 874-5090,
Legislative and Regulatory Activities Division, Office of the
Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.
Board: Cynthia Ayouch, Acting Federal Reserve Board Clearance
Officer, (202) 452-3829, Division of Research and Statistics, Board of
Governors of the Federal Reserve System, 20th and C Streets, NW.,
Washington, DC 20551. Telecommunications Device for the Deaf (TDD)
users may call (202) 263-4869.
FDIC: Leneta Gregorie, Counsel, (202) 898-3719, Legal Division,
Federal Deposit Insurance Corporation, 550 17th Street, NW.,
Washington, DC 20429.
OTS: Ira L. Mills, OTS Clearance Officer, at
[email protected], (202) 906-6531, or facsimile number (202) 906-
6518, Regulations and Legislation Division, Chief Counsel's Office,
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.
SUPPLEMENTARY INFORMATION: In accordance with the requirements of the
[[Page 22451]]
Paperwork Reduction Act of 1995, the Agencies may not conduct or
sponsor, and the respondent is not required to respond to, an
information collection unless it displays a currently valid OMB control
number. The Agencies are requesting comment on a continuing information
collection.
Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the Agencies' functions, including whether the
information has practical utility;
(b) The accuracy of the estimates of the burden of the information
collection, including the validity of the methodology and assumptions
used;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) Estimates of capital or start up costs and costs of operation,
maintenance, and purchase of services to provide information.
Title of Information Collection: Basel II Interagency Supervisory
Guidance for the Supervisory Review Process (Pillar 2).
OMB Control Numbers:
OCC: 1557-0242.
FRB: 7100-0320.
FDIC: 3064-0165.
OTS: 1550-0125.
Frequency of Response: Event-generated.
Affected Public:
OCC: National banks.
Board: State member banks and bank holding companies.
FDIC: Insured State nonmember banks and certain subsidiaries of these
entities.
OTS: Savings associations and certain of their subsidiaries.
Abstract: The agencies issued a supervisory guidance document for
implementing the supervisory review process (Pillar 2). The guidance
was issued on July 31, 2008 (73 FR 44620).
Sections 37, 41, 43, and 46 of the guidance impose information
collection requirements. Section 37 states that banks should state
clearly the definition of capital used in any aspect of its internal
capital adequacy assessment process (ICAAP) and document any changes in
the internal definition of capital. Section 41 requires banks to
maintain thorough documentation of ICAAP. Section 43 specifies that
boards of directors must approve the bank's ICAAP, review it on a
regular basis, and approve any changes. Boards of directors also are
required under section 46 to periodically review the assessment of
overall capital adequacy and to analyze how measures of internal
capital adequacy compare with other capital measures (such as
regulatory or accounting).
The agencies' burden estimates for these information collection
requirements are summarized below. Note that the estimated number of
respondents listed below include both institutions for which the Basel
II risk-based capital requirements are mandatory and institutions that
may be considering opting-in to Basel II (despite the lack of any
formal commitment by most of these latter institutions).
Estimated Burden
OCC
Number of Respondents: 48.
Estimated Burden per Respondent: 140 hours.
Total Estimated Annual Burden: 6,720 hours.
Board
Number of Respondents: 18.
Estimated Burden per Respondent: 420 hours.
Total Estimated Annual Burden: 7,560 hours.
FDIC
Number of Respondents: 19.
Estimated Burden per Respondent: 420 hours.
Total Estimated Annual Burden: 7,980 hours.
OTS
Number of Respondents: 3.
Estimated Burden per Respondent: 420 hours.
Total Estimated Annual Burden: 1,260 hours.
Dated: April 12, 2011.
Michele Meyer,
Assistant Director, Legislative & Regulatory Activities Division,
Office of the Comptroller of the Currency.
By order of the Board of Governors of the Federal Reserve
System, April 8, 2011.
Jennifer J. Johnson,
Secretary of the Board.
Dated at Washington, DC, the 11th day of April, 2011.
By order of the Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
Dated: April 14, 2011.
By the Office of Thrift Supervision.
Ira Mills,
Paperwork Clearance Officer, Office of the Chief Counsel, Office of
Thrift Supervision.
[FR Doc. 2011-9634 Filed 4-20-11; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P; 6720-01-P