Recordkeeping Provisions Associated with Stress Testing Guidance

ICR 202407-7100-002

OMB: 7100-0348

Federal Form Document

Forms and Documents
Document
Name
Status
Justification for No Material/Nonsubstantive Change
2024-07-15
IC Document Collections
IC ID
Document
Title
Status
269159 New
202891 Modified
ICR Details
7100-0348 202407-7100-002
Historical Active 202107-7100-003
FRS FR 4202
Recordkeeping Provisions Associated with Stress Testing Guidance
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 07/15/2024
Retrieve Notice of Action (NOA) 07/15/2024
  Inventory as of this Action Requested Previously Approved
07/31/2024 07/31/2024 07/31/2024
147 0 100
13,920 0 18,000
0 0 0

The Stress Testing Guidance was issued jointly by the Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency (the agencies) on May 17, 2012. The interagency guidance outlines high-level principles for stress testing practices applicable to all Board-supervised banking organizations with more than $10 billion in total consolidated assets.

US Code: 12 USC 625 Name of Law: Federal Reserve Act
   US Code: 12 USC 1844 Name of Law: Bank Holding Company Act of 1956
   US Code: 12 USC 3106 Name of Law: International Banking Act of 1978
   US Code: 12 USC 3105(c) Name of Law: International Banking Act of 1978
   US Code: 12 USC 1467a Name of Law: Home Owners’ Loan Act
   US Code: 12 USC 5365 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
   US Code: 12 USC 248 Name of Law: Federal Reserve Act
   US Code: 12 USC 602 Name of Law: Federal Reserve Act
  
None

Not associated with rulemaking

  86 FR 13378 03/08/2021
86 FR 30602 06/09/2021
No

2
IC Title Form No. Form Name
Recordkeeping (Initial)
Recordkeeping (Ongoing)

  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 147 100 0 0 47 0
Annual Time Burden (Hours) 13,920 18,000 0 0 -4,080 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease in total annual burden hours reflects an update to the respondent count and standardizing the estimated average hours per response burden.

$0
No
    No
    No
No
No
No
No
Robert Dahl 202 622-3119 [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.
07/15/2024


© 2024 OMB.report | Privacy Policy