The semi-annual FR Y-14A collects large BHCs' quantitative projections of balance sheet, income, losses, and capital across a range of macroeconomic scenarios and qualitative information on methodologies used to develop internal projections of capital across scenarios. The quarterly FR Y-14Q collects granular data on BHCs' various asset classes and PPNR for the reporting period. The monthly FR Y-14M comprises three loan- and portfolio-level collections, and one detailed address matching collection to supplement two of the portfolio and loan-level collections. The FR Y-14Q and the FR Y-14M are used to support supervisory stress test models and for continuous monitoring efforts.
US Code:
12 USC 1844
Name of Law: Bank Holding Company Act
US Code:
12 USC 5365
Name of Law: Dodd-Frank Act
The burden decreased 79,200 hours due to an adjustment in start-up respondent counts, offset by an increase of 27,312 hours due to agency discretion for a total annual burden of 629,824 hours. The increase in burden was due primarily to proposed changes to the FR Y-14A and FR Y-14Q effective September 30, 2013 (except as noted). The revisions would include: revisions to conform with capital rulemakings, the addition of a worksheet on the Counterparty schedule, and the expansion in scope of data collected on the PPNR and Trading Risk schedule of the FR Y14Q, in addition to several general revisions to the entire collection. For additional details on the proposed revisions, refer to the Description of Information Collection section.
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.
On-going revisions