Country Exposure Report; Country Exposure Information Report

Forms and Documents

Document Name	Status
Form FFIEC 009 Country Exposure Report Form	Modified
Form FFIEC 009a Country Exposure Information Report Form	Modified
FFIEC009_FFIEC009a_20160720_omb.pdf Supporting Statement A	2016-07-20

IC Document Collections

IC ID	Document Title	Status
36016	Country Exposure Report Form	Modified
186153	Country Exposure Information Report Form	Modified

ICR Details

OMB Control No: 7100-0035	ICR Reference No: 201607-7100-003
Status: Historical Active	Previous ICR Reference No: 201302-7100-012
Agency/Subagency: FRS	Agency Tracking No: FFIEC 009; FFIEC 009a
Title: Country Exposure Report; Country Exposure Information Report
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/28/2016
	Date Received in OIRA: 07/20/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2019	36 Months From Approved	09/30/2016
Responses	312	0	296
Time Burden (Hours)	24,372	0	22,776
Cost Burden (Dollars)	0	0	0

---

Abstract: U.S. commercial banks, savings associations, and bank holding companies (BHCs) that meet certain criteria file quarterly the Country Exposure Report (FFIEC 009) with the Board, the FDIC, and the OCC (the agencies) and provide information on international claims of U.S. banks, savings associations, holding companies, and savings and loan holding companies (SLHCs) that is used for supervisory and analytical purposes. The information is used to monitor country exposure of banks to determine the degree of country risk and transfer risk in their portfolios and the possible impact on U.S. banks of adverse developments in particular countries. The Country Exposure Information Report (FFIEC 009a) is a supplement to the FFIEC 009 and provides publicly available information on material foreign country exposures (all exposures to a country in excess of 1 percent of total assets or 20 percent of capital, whichever is less) of U.S. banks, savings associations and holding companies that file the FFIEC 009 report. As part of the Country Exposure Information Report, reporting institutions must also furnish a list of countries in which they have lending exposures between 0.75 percent and 1 percent of total assets or between 15 and 20 percent of total capital, whichever is less.

---

Authorizing Statute(s): US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act
   US Code: 12 USC 3906 Name of Law: International Lending Supervision Act
   US Code: 12 USC 1467a(b)(2)(A) Name of Law: Home Owners’ Loan Act
   US Code: 12 USC 5365(a) Name of Law: Dodd-Frank Act
   US Code: 12 USC 248(a)(1) and (2) Name of Law: Federal Reserve Act
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 22163	04/14/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 47237	07/20/2016
Did the Agency receive public comments on this ICR? Yes

---

Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Country Exposure Report	FFIEC 009	Country Exposure Report
Country Exposure Information Report	FFIEC 009a	Country Exposure Information Report

---

ICR Summary of Burden

	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	312	296	0	40	-24	0
Annual Time Burden (Hours)	24,372	22,776	0	2,740	-1,144	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The current annual reporting burden for the FFIEC 009 and FFIEC 009a is estimated to be 21,362 hours and would increase to 24,372 hours. The change in the number of respondents reflects the addition of four IHCs and GECC to the Board’s respondent panel. The decrease of 1,144 hours is due a decrease in the respondent count.

---

Annual Cost to Federal Government: $102,021

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 07/20/2016

---