The market risk rule, which requires
banking organizations to hold capital to cover their exposure to
market risk, is an important component of the Board’s regulatory
capital framework (Regulation Q; 12 CFR Part 217). The respondents
for this information collection are bank holding companies (BHCs),
savings and loan holding companies (SLHCs), intermediate holding
companies (IHCs), and state member banks (SMBs) that meet certain
risk thresholds described below.
US Code:
12
USC 324 Name of Law: Federal Reserve Act
US Code: 12
USC 248 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 5365 Name of Law: Dodd-Frank Wall Street Reform and
Consumer Protection Act
US Code: 12
USC 3106 Name of Law: International Banking Act of 1978
US Code:
12 USC 1467a(b)(2) and (g) Name of Law: Home Owners’ Loan
Act
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.