Pursuant to 5
CFR 1320.11(c), OMB files this comment on this information
collection request (ICR). In accordance with 5 CFR 1320, OMB is
withholding approval at this time. The agency shall examine public
comment in response to the NPRM and will include in the supporting
statement of the next ICR--to be submitted to OMB at the final rule
stage--a description of how the agency has responded to any public
comments on the ICR, including comments on maximizing the practical
utility of the collection and minimizing the burden.
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
0
0
0
0
0
0
0
0
0
The OCC is issuing a notice of
proposed rulemaking to implement Section 165(i) of the Dodd-Frank
Act, which requires certain companies to conduct annual stress
tests. The rule would require national banks and Federal savings
associations with total consolidated assets of more than $10
billion to conduct an annual stress test as prescribed by the rule.
This collection of information covers the reporting, recordkeeping
and disclosure requirements associated with the rule.
PL:
Pub.L. 111 - 203 165(i) Name of Law: Dodd-Frank Wall Street
Reform and Consumer Protection Act
PL: Pub.L. 111 - 203 165(i) Name of Law:
Dodd-Frank Wall Street Reform and Consumer Protection Act
The increase in burden is due
to the fact that this is a new collection.
No
No
No
Yes
No
Uncollected
Alex Arney 202 874-6104
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.