Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies; Abbreviated Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies

ICR 201804-7100-001

OMB: 7100-0244

Federal Form Document

ICR Details
7100-0244 201804-7100-001
Historical Active 201803-7100-006
FRS FR Y-11; FR Y-11S
Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies; Abbreviated Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 08/17/2018
Retrieve Notice of Action (NOA) 08/17/2018
  Inventory as of this Action Requested Previously Approved
03/31/2021 03/31/2021 03/31/2021
2,322 0 3,065
14,125 0 19,108
0 0 0

The FR Y-11 reporting forms collect financial information for individual non-functionally regulated U.S. nonbank subsidiaries of domestic holding companies (i.e., bank holding companies, savings and loan holding companies, securities holding companies, and intermediate holding companies). Holding companies file the FR Y-11 on a quarterly or annual basis or the FR Y-11S on an annual basis, predominantly based on whether the organization meets certain asset size thresholds. The FR Y-11 data are used with other holding company data to assess the condition of holding companies that are heavily engaged in nonbanking activities and to monitor the volume, nature, and condition of their nonbanking operations.

US Code: 12 USC 1844(c) Name of Law: Bank Holding Compnay Act
   US Code: 12 USC 1467a(b)(2) Name of Law: Home Owners' Loan Act
   US Code: 12 USC 5365 Name of Law: Dodd-Frank Act
   US Code: 12 USC 3106 Name of Law: International Banking Act
   US Code: 12 USC 3108 Name of Law: International Banking Act
   US Code: 12 USC 1850a Name of Law: Dodd-Frank Act
  
None

Not associated with rulemaking

  82 FR 32814 07/18/2017
83 FR 3145 01/23/2018
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 2,322 3,065 0 0 -743 0
Annual Time Burden (Hours) 14,125 19,108 0 0 -4,983 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease in burden hours reflects an update to the respondent count.

$70,800
No
    Yes
    No
No
Yes
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.
08/17/2018


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