International Applications and Prior Notifications under Subparts A and C of Regulation K

ICR 201807-7100-009

OMB: 7100-0107

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Supporting Statement A
2018-07-20
ICR Details
7100-0107 201807-7100-009
Active 201704-7100-002
FRS FR K-1
International Applications and Prior Notifications under Subparts A and C of Regulation K
Revision of a currently approved collection   No
Delegated
Approved without change 07/20/2018
Retrieve Notice of Action (NOA) 07/20/2018
  Inventory as of this Action Requested Previously Approved
07/31/2021 36 Months From Approved 07/31/2018
79 0 79
1,013 0 1,013
0 0 0

Subpart A of Regulation K - International Banking Operations governs the foreign investments and activities of member banks, Edge and agreement corporations, bank holding companies (BHCs), and certain investments by foreign organizations. Subpart C of Regulation K governs investments in export trading companies. The FR K-1 information collection contains eleven attachments for the application and notification requirements embodied in Subparts A and C of Regulation K. The Board requires these applications for regulatory and supervisory purposes and to allow the Board to fulfill its statutory obligations under the Federal Reserve Act (FRA) and the Bank Holding Company Act of 1956 (BHC Act). The applications are event-generated and provide the Federal Reserve with information necessary to evaluate each of the proposed transactions.

US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act
   US Code: 12 USC 1843(c)(14) Name of Law: Bank Holding Company Act
   US Code: 12 USC 601-604(a) Name of Law: Federal Reserve Act
   US Code: 12 USC 611-631 Name of Law: Federal Reserve Act
   US Code: 12 USC 1843(c)(13) Name of Law: Bank Holding Company Act
  
None

Not associated with rulemaking

  83 FR 12761 03/23/2018
83 FR 34578 07/20/2018
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 79 79 0 0 0 0
Annual Time Burden (Hours) 1,013 1,013 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    Yes
    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.
07/20/2018


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