Pursuant to 5
CFR 1320.11(c), OMB files this comment on this information
collection request (ICR. The agency shall examine public comment in
response to the NPRM and will describe in the supporting statement
of its next collection any public comments received regarding the
collection as well as why (or why it did not) incorporate the
commenter’s recommendation. The next submission to OMB must include
the draft final rule.
Inventory as of this Action
Requested
Previously Approved
06/30/2019
06/30/2019
06/30/2019
93
0
93
1,314
0
1,314
0
0
0
The collection consists of (a)
applications to move an insured branch of a foreign bank; (b)
applications to operate as a non-insured state-licensed branch of a
foreign bank; (c) applications from an insured state licensed
branch of a foreign bank to conduct activities that are not
permissible for a federally-licensed branch; (d) internal
recordkeeping by insured branches of foreign banks; and (e)
reporting requirements relating to an insured branch's pledge of
assets to the FDIC.
US Code:
12
USC 1815 Name of Law: Federal Deposit Insurance Act
US Code: 12
USC 3105 Name of Law: International Banking Act
US Code: 12
USC 3104 Name of Law: International Banking 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.