Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies; Annual Report of Merchant Banking Investments Held for an Extended Period

Forms and Documents

Document Name	Status
Form FR Y-12 Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Quarterly ongoing) Form	Modified
Form FR Y-12 Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Quarterly initial) Form	Modified
Form FR Y-12A Annual Report of Merchant Banking Investments Held for an Extended Period (ongoing) Form	New
Form FR Y-12A Annual Report of Merchant Banking Investments Held for an Extended Period (initial) Form	New
Form FR Y-12 Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Semiannually) Form	Modified
IHC_20160815_omb.pdf Supporting Statement A	2016-08-19

IC Document Collections

IC ID	Document Title	Status
44941	Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Quarterly ongoing) Form	Modified
43397	Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Quarterly initial) Form	Modified
223136	Annual Report of Merchant Banking Investments Held for an Extended Period (ongoing) Form	New
223135	Annual Report of Merchant Banking Investments Held for an Extended Period (initial) Form	New
190538	Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Semiannually) Form	Modified

ICR Details

OMB Control No: 7100-0300	ICR Reference No: 201608-7100-015
Status: Historical Active	Previous ICR Reference No: 201606-7100-011
Agency/Subagency: FRS	Agency Tracking No: FR Y-12; FR Y-12A
Title: Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies; Annual Report of Merchant Banking Investments Held for an Extended Period
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/21/2016
	Date Received in OIRA: 08/21/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2018	12/31/2018	12/31/2018
Responses	214	0	123
Time Burden (Hours)	3,409	0	1,849
Cost Burden (Dollars)	0	0	0

---

Abstract: The FR Y-12 collects information from certain domestic bank holding companies (BHCs) and savings and loan holding companies (SLHCs) (collectively holding companies) on their equity investments in nonfinancial companies. Respondents report the FR Y-12 either quarterly or semiannually based on reporting threshold criteria. The FR Y-12A is filed annually by institutions that hold merchant banking investments that are approaching the end of the holding period permissible under Regulation Y.

---

Authorizing Statute(s): US Code: 12 USC 1844(c)(1)(A) Name of Law: Bank Holding Company Act
   US Code: 12 USC 1467a(b) Name of Law: Home Owners Loan 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 6265	02/05/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 35016	06/01/2016
Did the Agency receive public comments on this ICR? Yes

---

Number of Information Collection (IC) in this ICR: 5

IC Title	Form No.	Form Name
Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Quarterly initial)	FR Y-12	Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies
Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Semiannually)	FR Y-12	Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies
Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (Quarterly ongoing)	FR Y-12	Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies
Annual Report of Merchant Banking Investments Held for an Extended Period (initial)	FR Y-12A	Annual Report of Merchant Banking Investments Held for an Extended Period
Annual Report of Merchant Banking Investments Held for an Extended Period (ongoing)	FR Y-12A	Annual Report of Merchant Banking Investments Held for an Extended Period

---

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	214	123	0	91	0	0
Annual Time Burden (Hours)	3,409	1,849	0	1,560	0	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: Changing Regulations

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

Burden Reduction Due to:

Short Statement: The Board proposes to collect financial information for U.S. intermediate holding companies (IHCs) of foreign banking organizations (FBOs) for the regulatory reporting forms listed above to implement the enhanced prudential standards for FBOs adopted under Enhanced Prudential Standards (Regulation YY).

---

Annual Cost to Federal Government: $29,300

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]? No

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: 08/21/2016

---