Recordkeeping Requirements Associated with Changes in Foreign Investments (Made Pursuant to Regulation K)

ICR 201507-7100-001

OMB: 7100-0109

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-08-19
ICR Details
7100-0109 201507-7100-001
Historical Active 201506-7100-001
FRS FR 2064
Recordkeeping Requirements Associated with Changes in Foreign Investments (Made Pursuant to Regulation K)
Extension without change of a currently approved collection   No
Delegated
Approved without change 08/19/2015
Retrieve Notice of Action (NOA) 08/19/2015
  Inventory as of this Action Requested Previously Approved
08/31/2018 36 Months From Approved 11/30/2015
80 0 80
160 0 160
0 0 0

The Federal Reserve uses the information to monitor investment in the international operations of U.S. banking organizations and to fulfill its supervisory responsibilities under Regulation K. Internationally active U.S banking organizations (member banks, Edge and agreement corporations, and bank holding companies) are required to maintain adequate internal records that demonstrate compliance with the investment provisions contained in Subpart A of Regulation K.

US Code: 12 USC 3105 Name of Law: International Banking Act
   US Code: 12 USC 3108(a) Name of Law: International Banking Act
   US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act
   US Code: 12 USC 601 - 604a Name of Law: Federal Reserve Act
   US Code: 12 USC 611 - 631 Name of Law: Federal Reserve Act
   US Code: 5 USC 552(b)(4) Name of Law: Freedom of Information Act
   US Code: 5 USC 552(b)(6) Name of Law: Freedom of Information Act
   US Code: 5 USC 552(b)(8) Name of Law: Freedom of Information Act
  
None

Not associated with rulemaking

  80 FR 19986 04/14/2015
80 FR 36991 06/29/2015
No

1
IC Title Form No. Form Name
Recordkeeping Requirements Associated with Changes in Foreign Investments (Made Pursuant to Regulation K)

  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 80 80 0 0 0 0
Annual Time Burden (Hours) 160 160 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$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.
08/19/2015


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