Notification of Nonfinancial Data Processing Activities

ICR 201709-7100-002

OMB: 7100-0306

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2017-09-19
IC Document Collections
IC ID
Document
Title
Status
36364
Unchanged
ICR Details
7100-0306 201709-7100-002
Historical Active 201407-7100-005
FRS FR 4021
Notification of Nonfinancial Data Processing Activities
Extension without change of a currently approved collection   No
Delegated
Approved without change 09/19/2017
Retrieve Notice of Action (NOA) 09/19/2017
  Inventory as of this Action Requested Previously Approved
09/30/2020 36 Months From Approved 01/31/2018
2 0 2
4 0 4
0 0 0

The Notification of Nonfinancial Data Processing Activities relates to the permissible data processing, storage, and transmission activities (collectively, data processing activities) of bank holding companies (BHC) under the Board’s Regulation Y- Bank Holding Companies and Change in Bank Control. Regulation Y limits a BHC’s annual revenues from nonfinancial data processing activities to 49 percent of its total annual revenue derived from all of its data processing activities. A BHC may request the Board’s approval to administer this 49 percent revenue limit on nonfinancial data processing activities on a business-line or multiple-company basis, rather than on a company-by-company basis.

US Code: 12 USC 1843(c)(8), (j), and (k) Name of Law: Bank Holding Company Act
  
None

Not associated with rulemaking

  82 FR 24970 05/31/2017
82 FR 41951 09/05/2017
No

1
IC Title Form No. Form Name
Notification of Nonfinancial Data Processing Activities

  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 2 2 0 0 0 0
Annual Time Burden (Hours) 4 4 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    No
    No
No
No
No
Uncollected
Robert Dahl 202 622-3119 [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.
09/19/2017


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