Risk-Based Capital Standards: Advanced Capital Adequacy Framework

ICR 200609-1550-002

OMB: 1550-0115

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2006-10-06
IC Document Collections
ICR Details
1550-0115 200609-1550-002
Historical Inactive
TREAS/OTS
Risk-Based Capital Standards: Advanced Capital Adequacy Framework
New collection (Request for a new OMB Control Number)   No
Regular
Preapproved 11/21/2006
Retrieve Notice of Action (NOA) 10/06/2006
"Preapproved" because collection results from a proposed rule. Kindly add line of business information to future ICRs.
  Inventory as of this Action Requested Previously Approved
11/30/2009 36 Months From Approved
4 0 0
60,000 0 0
0 0 0

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision are jointly proposing a new risk-based capital adequacy framework that would require some and permit other qualifying banks, savings associations, and bank holding companies to use an internal ratings-based approach to calculate regulatory credit risk capital requirements and advanced measurement approaches to calculate regulatory operational risk capital requirements. The proposed rule describes the qualifying criteria for banks required or seeking to operate under the proposed framework and the applicable risk-based capital requirements for banks that operate under the framework.

US Code: 12 USC 1462 Name of Law: null
   US Code: 12 USC 1462a Name of Law: null
   US Code: 12 USC 1463 Name of Law: null
   US Code: 12 USC 1464 Name of Law: null
   US Code: 12 USC 1467a Name of Law: null
   US Code: 12 USC 1828 note Name of Law: null
  
None

1550-AB56 Proposed rulemaking 71 FR 55830 09/25/2006

No

1
IC Title Form No. Form Name
Risk-Based Capital Standards: Advanced Capital Adequacy Framework

  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 4 0 0 4 0 0
Annual Time Burden (Hours) 60,000 0 0 60,000 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
The entire amount of the burden increase is due to the fact that this is a new information collection.

No
No
Uncollected
Uncollected
Uncollected
Uncollected
Teresa Luther 202 906-6798 [email protected]

  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.
10/06/2006


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