Country Exposure Report; Country Exposure Information Report

ICR 201909-7100-002

OMB: 7100-0035

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Form
Modified
Supplementary Document
2019-10-16
Supporting Statement A
2019-09-09
IC Document Collections
IC ID
Document
Title
Status
36016 Modified
186153 Modified
ICR Details
7100-0035 201909-7100-002
Active 201607-7100-003
FRS FFIEC 009; FFIEC 009a
Country Exposure Report; Country Exposure Information Report
Revision of a currently approved collection   No
Regular
Approved without change 10/18/2019
Retrieve Notice of Action (NOA) 09/09/2019
  Inventory as of this Action Requested Previously Approved
10/31/2022 36 Months From Approved 10/31/2019
336 0 312
26,516 0 24,372
0 0 0

U.S. commercial banks, savings associations, Edge or agreement corporations, bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs) (collectively, U.S. financial institutions) that meet certain criteria set forth in the FFIEC 009 instructions must file the quarterly FFIEC 009 with the Board, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) (collectively, the agencies) to report information on international claims. The agencies use this information to monitor the degree of country risk and transfer risk in U.S. financial institutions’ portfolios and the potential impact of adverse international developments on the financial institutions. The FFIEC 009a is a supplement to the FFIEC 009 that must be filed by FFIEC 009 filers that have exposure exceeding certain thresholds set forth in the FFIEC 009a instructions. The FFIEC 009a collects quarterly information on material foreign country exposures of U.S. financial institutions. The agencies collect the FFIEC 009 and FFIEC 009a under the auspices of the FFIEC. The Board is responsible for collecting and compiling the data reported on the FFIEC 009 and FFIEC 009a on behalf of all three agencies. Each of the agencies submits a separate supporting statement to OMB for this collection of information for relevant financial institutions under their supervision. For the Board, these institutions are state member banks, Edge or agreement corporations, BHCs, SLHCs, and IHCs.

US Code: 12 USC 324 Name of Law: Federal Reserve Act
   US Code: 12 USC 248(a) Name of Law: Federal Reserve Act
   US Code: 12 USC 602 Name of Law: Federal Reserve Act
   US Code: 12 USC 625 Name of Law: Federal Reserve Act
   US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act of 1956
   US Code: 12 USC 1467a(b)(3) Name of Law: Home Owners’ Loan Act
   US Code: 12 USC 3106 Name of Law: International Banking Act of 1978
  
None

Not associated with rulemaking

  84 FR 18120 04/29/2019
84 FR 47340 09/09/2019
Yes

2
IC Title Form No. Form Name
Country Exposure Information Report FFIEC 009a Country Exposure Information Report
Country Exposure Report FFIEC 009 Country Exposure Report

  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 336 312 0 0 24 0
Annual Time Burden (Hours) 26,516 24,372 0 0 2,144 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The increase in burden hours reflects a update to the respondent count.

$117,000
No
    Yes
    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.
09/09/2019


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