Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework

ICR 202004-7100-003

OMB: 7100-0319

Federal Form Document

Forms and Documents
IC Document Collections
IC ID
Document
Title
Status
45550 Modified
239501 Modified
223012 Modified
223010 Modified
ICR Details
7100-0319 202004-7100-003
Historical Active 202001-7100-006
FRS FFIEC 101
Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework
Revision of a currently approved collection   No
Emergency 04/02/2020
Approved without change 04/03/2020
Retrieve Notice of Action (NOA) 04/02/2020
  Inventory as of this Action Requested Previously Approved
10/31/2020 6 Months From Approved 03/31/2023
92 0 92
35,276 0 35,276
0 0 0

The FFIEC 101 collects data regarding the levels and components of risk-based capital from firms subject to the Board’s advanced approaches capital framework (advanced approaches framework), as well as data regarding the supplementary leverage ratio (SLR) from firms subject to that requirement. The FFIEC 101 must be filed quarterly by certain large or internationally active state member banks (SMBs), bank holding companies (BHCs), savings and loan holding companies (SLHCs) that are subject to the advanced approaches framework and other Board-regulated institutions that adopt the framework on a voluntary basis (collectively, advanced approaches banking organizations); additionally, certain BHCs, SLHCs, SMBs, and U.S. intermediate holding companies (IHCs) that are not advanced approaches banking organizations must report only certain information regarding the SLR.
The Board, FDIC, and OCC (the agencies) propose under the emergency clearance provisions of OMB’s regulations to revise the FFIEC 101 effective beginning with the March 31, 2020, report date. The agencies are providing a summary of two interim final rules (IFRs) that impact the FFIEC 101 for the first quarter on a best effort basis in response to disruptions related to COVID-19. The current estimated total annual burden for the FFIEC 101 is 35,276 hours, and would not change with the proposed revision. The agencies have determined that (1) the collection of information within the scope of this request is needed prior to the expiration of time periods established under 5 CFR 1320.10, (2) this collection of information is essential to the mission of the agencies, and (3) the agencies cannot reasonably comply with the normal clearance procedures because an unanticipated event has occurred and the use of normal clearance procedures is reasonably likely to prevent or disrupt the collection of information. Recent events have suddenly and significantly impacted financial markets. The spread of the coronavirus disease 2019 has disrupted economic activity in many countries. In addition, financial markets have experienced significant volatility. The magnitude and persistence of the overall effects on the economy remain highly uncertain. In light of these developments, banking organizations may realize a sudden, unanticipated drop in capital ratios and liquidity. This could create a strong incentive for these banking organizations to limit their lending and other financial intermediation activities in order to avoid facing abrupt regulatory capital and liquidity limitations.

US Code: 12 USC 1844(c)(1)(a) Name of Law: Bank Holding Company Act of 1956
   US Code: 12 USC 1467a(b)(2) Name of Law: Home Owners’ Loan Act
   US Code: 12 USC 1844(c)(1)(A) Name of Law: Bank Holding Company Act of 1956
   US Code: 12 USC 5311(a)(1) Name of Law: Dodd-Frank Wall Street and Consumer Protection Act
   US Code: 12 USC 5365 Name of Law: Dodd-Frank Wall Street and Consumer Protection Act
   US Code: 12 USC 324 Name of Law: Federal Reserve Act
   US Code: 12 USC 3106(a) Name of Law: International Banking Act of 1978
   US Code: 12 USC 3108(a) Name of Law: International Banking Act of 1978
  
PL: Pub.L. 116 - 136 134 Stat. 281 Name of Law: Coronavirus Aid, Relief, and Economic Security Act

Not associated with rulemaking

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 92 92 0 0 0 0
Annual Time Burden (Hours) 35,276 35,276 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$157,700
No
    Yes
    No
No
Yes
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.
04/02/2020


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