THE REPORT PROVIDES THE ONLY SOURCE OF
COMPREHENSIVE AND SYSTEMATIC DATA ON THE ASSETS AND LIABILITIES OF
FOREIGN SUBSIDIARIES OF U.S. BANKING INSTITUTIONS. THE DATA IS USED
TO MONITOR THE GROWTH AND ACTIVITY OF THE SUBSIDIARIES, TO
SUPERVISE THE OVERALL OPERATIONS OF T PARENT INSTITUTION(S), AND IS
A SOURCE OF DATA ON THE FOREIGN OPERATIO OF THE U.S. BANKING SYSTEM
NEEDED FOR FORMULATING MANETARY POLICY.
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.