Recordkeeping and Disclosure Provisions Associated with (Stress Testing Guidance)

ICR 201206-7100-003

OMB: 7100-0348

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2012-07-27
ICR Details
7100-0348 201206-7100-003
Historical Active
FRS FR 4202
Recordkeeping and Disclosure Provisions Associated with (Stress Testing Guidance)
New collection (Request for a new OMB Control Number)   No
Delegated
Approved without change 07/27/2012
Retrieve Notice of Action (NOA) 07/27/2012
  Inventory as of this Action Requested Previously Approved
07/31/2015 36 Months From Approved
308 0 0
40,040 0 0
0 0 0

The interagency guidance outlines high-level principles for stress testing practices, applicable to all Federal Reserve-supervised, FDIC-supervised, and OCC-supervised banking organizations with more than $10 billion in total consolidated assets. The guidance highlights the importance of stress testing as an ongoing risk management practice that supports a banking organization's forward-looking assessment of its risks.

US Code: 12 USC 1844 Name of Law: Bank Holding Company Act
   US Code: 12 USC 3105(c) Name of Law: International Banking Act
   US Code: 12 USC 248(a), 248(i), 602, 611 Name of Law: Federal Reserve Act
  
None

Not associated with rulemaking

  76 FR 35072 06/15/2011
77 FR 29458 05/17/2012
Yes

  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 308 0 0 308 0 0
Annual Time Burden (Hours) 40,040 0 0 40,040 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The interagency guidance outlines high-level principles for stress testing practices, applicable to all Federal Reserve-supervised, FDIC-supervised, and OCC-supervised banking organizations with more than $10 billion in total consolidated assets. The guidance highlights the importance of stress testing as an ongoing risk management practice that supports a banking organization's forward-looking assessment of its risks.

$0
No
No
No
No
No
Uncollected
Scott Farmer 202-452-2253 [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.
07/27/2012


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