Country Exposure Report; Country Exposure Information Report

ICR 202208-7100-007

OMB: 7100-0035

Federal Form Document

Forms and Documents
Supplementary Document
Supporting Statement A
IC Document Collections
36016 Modified
186153 Modified
ICR Details
7100-0035 202208-7100-007
Received in OIRA 201909-7100-002
Country Exposure Report; Country Exposure Information Report
Revision of a currently approved collection   No
Regular 08/17/2022
  Requested Previously Approved
36 Months From Approved 10/31/2022
344 336
27,422 26,516
0 0

U.S. commercial banks, savings associations, Edge or agreement corporations, bank holding companies (BHCs), savings and loan holding companies (SLHCs), and U.S. intermediate holding companies of foreign banking organizations (IHCs) (collectively, U.S. banking organizations) that meet certain criteria set forth in the FFIEC 009 instructions must file the quarterly FFIEC 009 with the Board, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) (collectively, the agencies) to report information on international claims. The agencies use this information to monitor the degree of country risk and transfer risk in U.S. banking organizations’ portfolios and the potential impact of adverse international developments on the banking organizations. The FFIEC 009a is a supplement to the FFIEC 009 that must be filed by FFIEC 009 filers that have exposure exceeding certain thresholds set forth in the FFIEC 009a instructions. The FFIEC 009a collects quarterly information on material foreign country exposures of U.S. banking organizations. The agencies collect the FFIEC 009 and FFIEC 009a under the auspices of the FFIEC. The Board is responsible for collecting and compiling the data reported on the FFIEC 009 and FFIEC 009a on behalf of all three agencies. Each of the agencies submits a separate supporting statement to OMB for this collection of information for relevant banking organizations under their supervision. For the Board, these banking organizations are state member banks, Edge or agreement corporations, BHCs, SLHCs, and IHCs.

US Code: 12 USC 324 Name of Law: Federal Reserve Act
   US Code: 12 USC 248(a) Name of Law: Federal Reserve Act
   US Code: 12 USC 602 Name of Law: Federal Reserve Act
   US Code: 12 USC 625 Name of Law: Federal Reserve Act
   US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act of 1956
   US Code: 12 USC 1467a(b)(2) Name of Law: Home Owners’ Loan Act
   US Code: 12 USC 3906 Name of Law: International Lending Supervision Act of 1983
   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

Not associated with rulemaking

  87 FR 3170 01/20/2022
87 FR 49647 08/11/2022

IC Title Form No. Form Name
FFIEC 009 FFIEC 009 Country Exposure Report
FFIEC 009a FFIEC 009a Country Exposure Information Report

  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 344 336 0 0 8 0
Annual Time Burden (Hours) 27,422 26,516 0 858 48 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Miscellaneous Actions
The estimated total annual burden for the FFIEC 009 and FFIEC 009a with respect to banking organizations supervised by the Board is 26,564 hours, and would increase to 27,422 hours. The estimated number of respondents is based on the reporting panel as of June 2021. The agencies estimate that the proposed revisions would increase the average hours per response for FFIEC 009 by 4 hours. This change in burden is primarily due to adding the two new collateral columns. Since the proposed revisions to the FFIEC 009a reflect disclosures of data already collected, but not currently disclosed on the FFIEC 009, the agencies estimate that the average hours per response for FFIEC 009a would increase by 0.5 hours.

Robert Dahl 202 622-3119 [email protected]


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.

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