OMB files this
comment in accordance with 5 CFR 1320.11( c ). This OMB action is
not an approval to conduct or sponsor an information collection
under the Paperwork Reduction Act of1995. This action has no effect
on any current approvals. If OMB has assigned this ICR a new OMB
Control Number, the OMB Control Number will not appear in the
active inventory. For future submissions of this information
collection, reference the OMB Control Number provided. 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 describe in the preamble
of the final rule how the agency has maximized the practical
utility of the collection and minimized the burden. The next
submission to OMB must include the draft final rule.
Inventory as of this Action
Requested
Previously Approved
01/31/2013
36 Months From Approved
01/31/2013
114
0
114
7,801
0
7,801
0
0
0
This collection comprises the
disclosure and recordkeeping requirements associated with minimum
capital requirements and overall capital adequacy standards for
state non-member banks and state chartered savings and loan
associations. The capital standards are consistent with agreements
reached by the Basel Committee on Banking Supervision (BCBS) in
"Basel III: A Global Regulatory Framework for More Resilient Banks
and Banking Systems," and with section 171 of the Dodd-Frank Act,
which requires the agencies to establish minimum risk-based and
leverage capital requirements and with section 939A of the
Dodd-Frank Act, which requires the agencies to use alternatives to
credit ratings for calculating risk-weighted assets. The data is
used by the FDIC to evaluate capital before approving various
applications by insured depository institutions, to evaluate
capital as an essential component in determining safety and
soundness, and to determine whether an institutions is subject to
prompt corrective action provisions.
US Code:
12
USC 1831(o) Name of Law: Federal Deposit Insurance Act
PL: Pub.L. 111 - 203 1435-38 Name of Law:
Dodd-Frank Wall Street Reform and Consumer Protection Act
The increase in burden of
729,154 hours reflects an adjustment of -4517 hours resulting from
a decrease in the number of respondents for the Advanced Approaches
requirements and a program change of +733,671 hours arising from
new Minimum Regulatory Capital Ratio, Standardized Approach, and
Advanced Approaches requirements.
$60,800
No
Yes
No
Yes
No
Uncollected
Leneta Gregorie 202
898-3719
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.
SPST-Basel_III_(0153)(8_13_12).doc
AA Disclosures (sections 142, 171)