Report of Changes in Organizational Structure; Supplement to the Report of Changes in Organizational Structure; Annual Report of Bank Holding Companies; Annual Report of Foreign Banking Organizations

Forms and Documents

Document Name	Status
Form FR Y-7 Annual Report of Foreign Banking Organizations Form	Modified
Form FR Y-6 Annual Report of Bank Holding Companies Form	Modified
Form FR Y-10 Report of Changes in Organizational Structure - ongoing Form	Modified
FR2030_FR2030a_FR2056_FR2083_FR2086_FR2086a_FR2087_FRH6_FRY6_FRY7_FRY10_20080820_ffr.pdf Supplementary Document	2008-11-13
FR2030_FR2030a_FR2056_FR2083_FR2086_FR2086a_FR2087_FRH6_FRY6_FRY7_FRY10_20080603_ifr.pdf Supplementary Document	2008-11-13
FRY10_20081112_omb.doc Supporting Statement A	2008-11-13

IC Document Collections

IC ID	Document Title	Status
46508	Supplement to the Reports of Changes in Organizational Structure (FR Y-10E)	Modified
45554	Annual Report of Foreign Banking Organizations Form	Modified
45553	Annual Report of Bank Holding Companies Form	Modified
36348	Report of Changes in Organizational Structure - ongoing Form	Modified
185232	Report of Changes in Organizational Structure - initial	New

ICR Details

OMB Control No: 7100-0297	ICR Reference No: 200804-7100-004
Status: Historical Active	Previous ICR Reference No: 200703-7100-004
Agency/Subagency: FRS	Agency Tracking No: FR Y-10, FR Y-10E, FR Y-6 and FR Y-7
Title: Report of Changes in Organizational Structure; Supplement to the Report of Changes in Organizational Structure; Annual Report of Bank Holding Companies; Annual Report of Foreign Banking Organizations
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/09/2008
	Date Received in OIRA: 12/09/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2011	36 Months From Approved	12/31/2009
Responses	30,741	0	24,789
Time Burden (Hours)	56,065	0	45,961
Cost Burden (Dollars)	0	0	0

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Abstract: The FR Y-10 is an event-generated information collection submitted by foreign banking organizations (FBOs); top-tier bank holding companies (BHCs); state member banks unaffiliated with a BHC; Edge or agreement corporations that are not controlled by a member bank, a domestic BHC, or a FBO; and nationally chartered banks that are not controlled by a BHC (with regard to their foreign investments only), to capture changes in their regulated investments and activities. The FR Y-6 is an annual information collection submitted by top-tier BHCs and nonqualifying FBOs. It collects financial data, an organization chart, verification of domestic branch data, and information about shareholders. The FR Y-7 is an annual information collection submitted by qualifying FBOs to update their financial and organizational information with the Federal Reserve.

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Authorizing Statute(s): US Code: 12 USC 248(a)(1), 602, and 611a Name of Law: Federal Reserve Act
   US Code: 12 USC 3106(a) and 3108(a) Name of Law: International Banking Act
   US Code: 12 USC 321, 601, 615, 625 Name of Law: Federal Reserve Act
   US Code: 12 USC 1843(k) and 1844(c) Name of Law: Bank Holding Company Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 31684	06/03/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 49207	08/20/2008
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 5

IC Title	Form No.	Form Name
Report of Changes in Organizational Structure - initial
Annual Report of Bank Holding Companies	FR Y-6	Annual Report of Bank Holding Companies
Annual Report of Foreign Banking Organizations	FR Y-7	Annual Report of Foreign Banking Organizations
Report of Changes in Organizational Structure - ongoing	FR Y-10	Report of Changes in Organizational Structure
Supplement to the Reports of Changes in Organizational Structure (FR Y-10E)

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ICR Summary of Burden

	Total Approved	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	30,741	24,789	0	5,952	0	0
Annual Time Burden (Hours)	56,065	45,961	0	10,104	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The Federal Reserve proposes to revise the FR Y-10 by adding an item to collect the tax identification number to the Banking and Nonbanking Schedules. The Federal Reserve also proposes to add a certification requirement to the FR Y-6 and FR Y-7 reporting forms related to information regarding individuals contained in the submission and make comparable changes to the instructions. The proposed changes would be effective December 31, 2008.

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Annual Cost to Federal Government: $2,353,600

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 12/09/2008

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