Reporting Requirements Associated with Regulation TT

ICR 202208-7100-004

OMB: 7100-0369

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2022-08-09
IC Document Collections
IC ID
Document
Title
Status
220524
Modified
ICR Details
7100-0369 202208-7100-004
Active 201908-7100-006
FRS FR TT
Reporting Requirements Associated with Regulation TT
Extension without change of a currently approved collection   No
Delegated
Approved without change 08/09/2022
Retrieve Notice of Action (NOA) 08/09/2022
  Inventory as of this Action Requested Previously Approved
08/31/2025 36 Months From Approved 08/31/2022
3 0 3
120 0 120
0 0 0

The Board’s Regulation TT - Supervision and Regulation Assessments of Fees (12 CFR Part 246) implements the second section 11(s) of the Federal Reserve Act (FRA), which directs the Board to collect assessments, fees, or other charges (collectively, assessments) from bank holding companies (BHCs) and savings and loan holding companies (SLHCs) that meet a size threshold and from all nonbank financial companies designated for Board supervision by the Financial Stability Oversight Council (FSOC) (collectively, assessed companies) in an amount equal to the total expenses the Board estimates are necessary or appropriate to carry out its supervisory and regulatory responsibilities with respect to such companies. Pursuant to Regulation TT, the Board issues an annual notice of assessment to each assessed company. As described below, assessed companies may file a written appeal with the Board regarding the assessment.

US Code: 12 USC 248(i) Name of Law: Federal Reserve Act
  
None

Not associated with rulemaking

  86 FR 70498 12/10/2021
87 FR 19929 04/06/2022
No

1
IC Title Form No. Form Name
Reporting Section 246.5(b)

  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 3 3 0 0 0 0
Annual Time Burden (Hours) 120 120 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    No
    No
No
No
No
No
Kareemat Ayodeji 757 921-4888 [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.
08/09/2022


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