Capital Assessments and Stress Testing Reports

ICR 202108-7100-007

OMB: 7100-0341

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Unchanged
Form and Instruction
Modified
Form
Modified
Form
Modified
Supporting Statement A
2021-11-17
IC Document Collections
IC ID
Document
Title
Status
219630 Unchanged
204375
Unchanged
200196 Modified
200195 Modified
200193 Modified
ICR Details
7100-0341 202108-7100-007
Active 202103-7100-001
FRS FR Y-14
Capital Assessments and Stress Testing Reports
Revision of a currently approved collection   No
Delegated
Approved without change 11/17/2021
Retrieve Notice of Action (NOA) 11/17/2021
  Inventory as of this Action Requested Previously Approved
08/31/2024 08/31/2024 08/31/2024
637 0 637
853,948 0 847,864
0 0 0

The Capital Assessments and Stress Testing Reports (FR Y-14A/Q/M) are currently applicable to top-tier U.S. bank holding companies (BHCs) and U.S. intermediate holding companies of foreign banking organizations (IHCs) with $100 billion or more in total consolidated assets. Covered savings and loan holding companies (SLHCs) (collectively with BHCs, IHCs, and SLHCs, holding companies) with $100 billion or more in total consolidated assets became respondents to the FR Y-14Q and FR Y-14M effective June 30, 2020, and will become respondents to the FR Y-14A effective December 31, 2021. The FR Y-14A, FR Y-14Q, and FR Y-14M reports (FR Y-14 reports) are used to support the Board’s Comprehensive Capital Analysis and Review (CCAR) and Dodd-Frank Act Stress Test (DFAST) exercises and supervisory stress test models, and also are used in connection with the supervision and regulation of these financial institutions.

US Code: 12 USC 5365(i) Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
   US Code: 12 USC 1467a(b) Name of Law: Home Owners’ Loan Act
   US Code: 12 USC 1844 Name of Law: Bank Holding Company Act of 1956
   US Code: 12 USC 5311(a)(1) Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
   US Code: 12 USC 5365 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
   US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act of 1956
  
None

7100-AF95 Final or interim final rulemaking 86 FR 7927 02/03/2021

  85 FR 63222 10/07/2020
86 FR 7927 02/03/2021
Yes

  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 637 637 0 0 0 0
Annual Time Burden (Hours) 853,948 847,864 0 6,084 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The estimated total annual burden for the FR Y-14 reports is 847,864 hours, and would increase to 853,948 hours as a result of the revisions. The Board estimates that the average hours per response for the FR Y-14A would increase from 1,186 hours to 1,355 hours.

$2,677,200
No
    Yes
    No
No
No
No
No
Richard Palmer 202 502-8438 [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.
11/17/2021


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