Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring (LCR)

ICR 201411-3064-001

OMB: 3064-0197

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2014-11-01
IC Document Collections
ICR Details
3064-0197 201411-3064-001
Historical Active 201408-3064-001
FDIC
Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring (LCR)
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 04/08/2015
Retrieve Notice of Action (NOA) 11/01/2014
  Inventory as of this Action Requested Previously Approved
04/30/2018 36 Months From Approved
12 0 0
203 0 0
0 0 0

This Final Rule, promulgated by the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC), implements a quantitative liquidity requirement consistent with the liquidity coverage ratio standard established by the Basel Committee on Banking Supervision. The requirement is designed to promote the short-term resilience of the liquidity risk profile of internationally active banking organizations, thereby improving the banking sector's ability to absorb shocks arising from financial and economic stress, as well as improvements in the measurement and management of liquidity risk. The Final Rule applies to all internationally active banking organizations, generally, bank holding companies, certain savings and loan holding companies, and depository institutions with more than $250 billion in total assets or more than $10 billion in on-balance sheet foreign exposure, and to their consolidated subsidiaries that are depository institutions with $10 billion or more in total consolidated assets. The Final Rule also applies to companies designated for supervision by the Board by the Financial Stability Oversight Council under section 113 of the Dodd-Frank Wall Street Reform and Consumer Protection Act that do not have significant insurance operations and to their consolidated subsidiaries that are depository institutions with $10 billion or more in total consolidated assets.

US Code: 12 USC 12 U.S.C. 5365 Name of Law: Dodd-Frank Act
  
US Code: 12 USC 5365 Name of Law: Dodd-Frank Act

3064-AE04 Final or interim final rulemaking 79 FR 61440 10/10/2014

Yes

2
IC Title Form No. Form Name
Liquidity Coverage Ratio (LCR) Reporting
Liquidity Coverage Ratio (LCR) Recordkeeping

  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 12 0 12 0 0 0
Annual Time Burden (Hours) 203 0 203 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

No
No
No
Yes
No
Uncollected
Gary Kuiper 202 898-3877 [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.
11/01/2014


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