The mandatory Capital Assessments and
Stress Testing (FR Y-14A/Q/M) are applicable to bank holding
companies (BHCs) with total consolidated assets of $50 billion or
more and U.S. intermediate holding companies (IHCs) established by
foreign banking organizations under 12 CFR 252.153. This
information collection is composed of the following three reports:
(1) The semi-annual FR Y-14A collects 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. (2) The quarterly FR Y-14Q collects granular data
on various asset classes, including loans, securities, and trading
assets, and pre-provision net revenue (PPNR) for the reporting
period. (3) The monthly FR Y-14M is comprised of three retail
portfolio- and loan-level collections, and one detailed address
matching collection to supplement two of the portfolio and
loan-level collections. The FR Y-14A, FR Y-14Q, and FR Y-14M
reports are used to support the Comprehensive Capital Analysis and
Review (CCAR) exercise, supervisory stress test models, and
continuous monitoring efforts.
US Code:
12
USC 5365 Name of Law: Dodd-Frank Wall Street Reform and
Consumer Protection Act
US Code: 12
USC 1844 Name of Law: Bank Holding Company Act
The current total annual burden
for the annual, quarterly, and monthly reporting requirements of
this information collection is estimated to be 914,592 hours and,
with the proposed revisions, would decrease by 56,454 hours, for a
total of 858,138 hours, including 18,240 hours of ongoing
automation burden. The current total annual burden hours for the FR
Y-14A is estimated to be 82,580 hours and, with the proposed
revisions, would decrease by 6,346 hours, for a total of 76,234
hours. The current total annual burden hours for the FR Y-14Q is
estimated to be 219,552 hours and, with the proposed revisions,
would decrease by 1,088 hours for a total of 218,464 hours. The
current total annual burden hours for the FR Y-14M is estimated to
be 560,940 hours and, with the proposed revisions, would decrease
by 49,020 hours, for a total of 511,920 hours.
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.
Form FR Y-14A Adjusted Capital Plan Submission - Annual
FRY14_20170906_omb.pdf
Adjusted Capital Plan Submission - Annual