Investment Securities (12 CFR part 1)

ICR 202103-1557-002

OMB: 1557-0205

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2021-03-25
IC Document Collections
IC ID
Document
Title
Status
20095
Unchanged
ICR Details
1557-0205 202103-1557-002
Received in OIRA 201802-1557-003
TREAS/OCC
Investment Securities (12 CFR part 1)
Extension without change of a currently approved collection   No
Regular 03/30/2021
  Requested Previously Approved
36 Months From Approved 04/30/2021
25 25
460 460
0 0

The information collection requirements in 12 CFR part 1 ensure that national banks invest in entities that are exempt from registration as an investment company and ensure that banks do not hold securities for time periods that would be unsafe and unsound. The OCC uses the information to ensure compliance with Federal laws and regulations.

US Code: 12 USC 1 et seq., 24 (Seventh), 93a Name of Law: National Bank Act
  
None

Not associated with rulemaking

  86 FR 2491 01/12/2021
86 FR 16655 03/30/2021
No

1
IC Title Form No. Form Name
Investment Securities (12 CFR 1)

  Total Request 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 25 25 0 0 0 0
Annual Time Burden (Hours) 460 460 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    No
    No
No
No
No
No
Mark O'Horo 202 649-7821 mark.o'[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.
03/30/2021


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