Justification for a Non-substantive Change

1557-0234.forNonsub.change.doc

Risk-Based Capital Standards: Advanced Capital Adequacy Framework

Justification for a Non-substantive Change

OMB: 1557-0234

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Risk-Based Capital Standards: Advanced Capital Adequacy Framework

Non-substantive Change

OMB Control No. 1557-0234


On July 21, 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, 124 Stat. 1376 (2010) (Dodd-Frank Act). As part of the comprehensive package of financial regulatory reform measures enacted, Title III of the Dodd-Frank Act transfers the powers, authorities, rights and duties of the Office of Thrift Supervision to other banking agencies, including the OCC, on the “transfer date.” The transfer date is one year after the date of enactment of the Dodd-Frank Act, July 21, 2011. The Dodd-Frank Act also abolishes the OTS ninety days after the transfer date. As a result of the Dodd-Frank Act, OCC is making a non-substantive change to this collection of information to include the thrift institutions it now regulates.


Current Number of Responses: 1,248 Current Burden: 809,640 hours



Requested Number of Responses: 1,251 Requested Burden: 821,640 hours



Difference in the Burden: 12,000 hours as a Program Change


/home/ec2-user/sec/disk/omb/icr/201108-1557-011/doc/26869401

File Typeapplication/msword
File TitleExamination Questionnaire
AuthorOCC
Last Modified ByIra Mills
File Modified2011-08-18
File Created2011-08-18

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