Financial Statements for Holding Companies

ICR 201707-7100-011

OMB: 7100-0128

Federal Form Document

ICR Details
7100-0128 201707-7100-011
Historical Active 201609-7100-006
FRS FR Y-9
Financial Statements for Holding Companies
Revision of a currently approved collection   No
Delegated
Approved without change 09/05/2017
Retrieve Notice of Action (NOA) 09/05/2017
  Inventory as of this Action Requested Previously Approved
09/30/2020 36 Months From Approved 09/30/2019
15,112 0 15,112
195,648 0 195,585
0 0 0

Pursuant to the Bank Holding Company Act of 1956, as amended (BHC Act), and the Home Owners’ Loan Act (HOLA), the Board requires bank holding companies (BHCs), savings and loan holding companies (SLHCs), securities holding companies (SHCs), and U.S Intermediate Holding Companies (IHCs) (collectively “holding companies” (HCs)) to provide standardized financial statements to fulfill the Board’s statutory obligation to supervise these organizations. HCs file the FR Y-9C and FR Y-9LP quarterly, the FR Y-9SP semiannually, the FR Y-9ES annually, and the FR Y-9CS on a schedule that is determined when this supplement is used.

US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act
   US Code: 12 USC 1467a(b) Name of Law: Home Owners' Loan Act
   US Code: 12 USC 1850a(c)(1) Name of Law: Dodd-Frank Act
   US Code: 12 USC 5365 Name of Law: Dodd-Frank Act
  
None

7100-AE59 Final or interim final rulemaking 82 FR 9308 02/03/2017

  81 FR 67239 09/30/2016
82 FR 9308 02/03/2017
No

  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 15,112 15,112 0 0 0 0
Annual Time Burden (Hours) 195,648 195,585 0 63 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
The current annual reporting burden for the FR Y-9 family of reports is estimated to be 195,585 hours and would increase to 195,648 hours as shown in the following table. The average estimated hours per response for FR Y-9LP filers would increase from 5.25 hours to 5.27 hours, an increase of 0.02 hours associated with the revisions in the final rule.

$1,922,600
No
    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.
09/05/2017


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