Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations; Abbreviated Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations

ICR 201802-7100-017

OMB: 7100-0073

Federal Form Document

ICR Details
7100-0073 201802-7100-017
Historical Active 201608-7100-009
FRS FR 2314; FR 2314S
Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations; Abbreviated Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations
Revision of a currently approved collection   No
Delegated
Approved without change 02/27/2018
Retrieve Notice of Action (NOA) 02/27/2018
  Inventory as of this Action Requested Previously Approved
03/31/2018 03/31/2018 03/31/2018
3,672 0 3,672
21,547 0 21,547
0 0 0

The FR 2314 reporting forms collect financial information for non-functionally regulated direct or indirect foreign subsidiaries of U.S. state member banks, Edge and agreement corporations, and bank holding companies. The FR 2314 data are used to identify current and potential problems at the foreign subsidiaries of U.S. parent companies, to monitor the activities of U.S. banking organizations in specific countries, and to develop a better understanding of activities within the industry, in general, and of individual institutions, in particular.

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 324, 602, 625 Name of Law: Federal Reserve Act
  
None

Not associated with rulemaking

  80 FR 16386 03/27/2015
80 FR 52282 08/28/2015
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 3,672 3,672 0 0 0 0
Annual Time Burden (Hours) 21,547 21,547 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$123,177
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.
02/27/2018


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