Reporting and Recordkeeping Requirements Associated with Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring

ICR 201905-1557-001

OMB: 1557-0323

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2019-05-02
ICR Details
1557-0323 201905-1557-001
Historical Inactive 201710-1557-003
TREAS/OCC
Reporting and Recordkeeping Requirements Associated with Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 06/27/2019
Retrieve Notice of Action (NOA) 05/24/2019
OIRA has no comments at this time.
  Inventory as of this Action Requested Previously Approved
02/28/2021 36 Months From Approved 02/28/2021
380 0 380
2,361 0 2,361
0 0 0

The OCC, the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, “the agencies) issued a proposed rule that would require depository institution subsidiaries of certain U.S. intermediate holding companies of foreign banking organizations to calculate a Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR). The proposal that would determine the application of regulatory capital requirements to certain U.S. intermediate holding companies of foreign banking organizations and their depository institution subsidiaries and the application of standardized liquidity requirements with respect to certain U.S. operations of large foreign banking organizations and certain of their depository institution subsidiaries, each according to risk-based categories. For liquidity, the proposal would require a foreign banking organization that meets certain criteria to comply with liquidity coverage ratio and net stable funding ratio requirements with respect to any U.S. intermediate holding company and certain depository institution subsidiaries thereof.

US Code: 12 USC 1 et seq. Name of Law: National Bank Act
  
None

1557-AE56 Proposed rulemaking 84 FR 24296 05/24/2019

No

Yes
Changing Regulations
Yes
Changing Regulations
The increase in burden is due to the change in the regulatory requirements.

No
    No
    No
No
No
No
Uncollected
Henry Barkhausen 202 649-7191 [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.
05/24/2019


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