Approved with
the understanding that a re-estimate of the dollar burden will be
submitted by June 1997 following an expected survey of reporting
entities.
Inventory as of this Action
Requested
Previously Approved
06/30/1997
06/30/1997
03/31/1996
2,172
0
2,172
48,653
0
48,110
0
0
0
The FFIEC requires U.S. branches and
agencies of foreign banks to provide balance sheet information
quarterly on this interagency report to fulfill the supervisory and
regulatory reporting requirements of the International Banking Act
of 1978. The data are also used to augment the bank credit, loan,
and deposit information needed for monetary policy
purposes.
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.