APPROVED AT ONE
BURDEN HOUR, AS IT IS A PROPOSED REGULATION. WHEN THE REGULATION
GOES FINAL, THIS PACKET MUST BE RESUBMITTED FOR PAPERWORK REDUCTION
ACT CLEARANCE AND INCLUDE A SUMMARY OF ALL PUBLIC COMMENTS ON THE
PAPERWORK REQUIREMENTS, INCLUDING SECTION 18.3 AND ANY CONFUSIO
THIS SECTION MAY GENERATE. WE ALSO RECOMMEND THAT OCC COORDINATE
ITS BURDEN ESTIMATE WITH THE FDIC. THESE CONDITIONS ARE BEING
IMPOSED TO ENSURE THAT ONLY THE MINIMUM BURDEN NECESSARY IS IMPOSED
AS REQUIRED BY THE PAPERWORK REDUCTION ACT AND ITS IMPLEMENTING
REGULATIONS AT 5 CFR 1320.
Inventory as of this Action
Requested
Previously Approved
06/30/1988
06/30/1988
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ALL NATIONAL BANKS ARE TO INCREASE THE
DISTRIBUTION OF THEIR DISCLOSURE OF FINANCIAL AND OTHER INFORMATION
AS A MEANS OF INCREASING THEIR RESPONSIVENESS TO MARKET
DISCIPLINE.
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.