Extension without change of a currently approved collection
No
Regular
11/10/2021
Requested
Previously Approved
36 Months From Approved
03/31/2022
99
121
317
380
0
0
Insured domestically chartered
commercial banks and savings associations (U.S. banks) that have
one or more branch offices in a foreign country are required to
report balance sheet information for each of their foreign branches
on either the FFIEC 030 or FFIEC 030S. The FFIEC 030 is collected
annually as of December 31 or quarterly for significant branches as
of the last day of each calendar quarter; the FFIEC 030S is an
abbreviated reporting form filed annually by smaller institutions.
The Federal Reserve receives reports for all foreign branches of
U.S. banks, regardless of charter type, on behalf of the U.S.
banks’ primary federal bank regulatory agency (Board, Federal
Deposit Insurance Corporation (FDIC), or Office of the Comptroller
of the Currency (OCC) (collectively, the agencies)). The agencies
use the FFIEC 030 and FFIEC 030S reports to fulfill their statutory
obligation to supervise foreign operations of domestic
banks.
US Code:
12
USC 321 Name of Law: Federal Reserve Act
US Code: 12
USC 324 Name of Law: Federal Reserve Act
US Code: 12
USC 602 Name of Law: Federal Reserve 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.