The Capital Assessments and Stress
Testing information collection consists of the FR Y-14A, Q, and M
reports. The semi-annual FR Y-14A collects information on the
stress tests conducted by BHCs, including 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 and the monthly FR Y-14M
are used to support supervisory stress test models and for
continuous monitoring efforts. The quarterly FR Y-14Q collects
granular data on BHCs’ various asset classes, including loans,
securities and trading assets, and pre-provision net revenue (PPNR)
for the reporting period. The monthly FR Y-14M comprises three
retail loan- and portfolio-level collections, and one detailed
address matching collection to supplement two of the portfolio and
loan-level collections.
US Code:
12
USC 1844 Name of Law: Bank Holding Company Act
US Code: 12
USC 5365 Name of Law: Dodd-Frank Act
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.