International Applications and Prior Notifications under Subpart B of Regulation K

ICR 202106-7100-016

OMB: 7100-0284

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Form and Instruction
Modified
Supporting Statement A
2021-07-21
IC Document Collections
IC ID
Document
Title
Status
36320 Modified
247711 Modified
ICR Details
7100-0284 202106-7100-016
Active 202106-7100-002
FRS FR K-2
International Applications and Prior Notifications under Subpart B of Regulation K
Extension without change of a currently approved collection   No
Delegated
Approved without change 07/21/2021
Retrieve Notice of Action (NOA) 07/21/2021
  Inventory as of this Action Requested Previously Approved
07/31/2024 36 Months From Approved 07/31/2021
26 0 26
468 0 468
0 0 0

Under the International Banking Act of 1978 (IBA), foreign banks are required to obtain the prior approval of the Board to establish a branch, agency, or representative office in the United States; to establish or acquire ownership or control of a commercial lending company in the United States; or to change the status of an agency or limited branch to a branch in the United States. The Board uses the information from the FR K-2 in connection with these applications and to supervise foreign banks with offices in the United States.

US Code: 12 USC 3105 Name of Law: International Banking Act of 1978
   US Code: 12 USC 3107 Name of Law: International Banking Act of 1978
   US Code: 12 USC 3108 Name of Law: International Banking Act of 1978
  
None

Not associated with rulemaking

  86 FR 13382 03/08/2021
86 FR 30604 06/09/2021
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 26 26 0 0 0 0
Annual Time Burden (Hours) 468 468 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    Yes
    No
No
No
No
No
Scott Farmer 202-452-2253 [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.
07/21/2021


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