APPROVAL IS
GRANTED FOR A ONE-YEAR PERIOD ON THE CONDITION THAT THE FHLBB
INITIATES A FULL-SCALE REVIEW OF THE EXAMINATION ADVANCE PACKAGE
REDUCTION OF THIS INFORMATION COLLECTION APPEARS TO BE ATTAINABLE
BECAUSE IT DUPLICATES PARTS OF OTHER DATA COLLECTIONS AND PARTS OF
ITSELF. THE FHLBB SHALL SUBMIT A MANAGEMENT PLAN FOR REVIEW OF THIS
COLLECTION BY SEPTEMBER 1, 1986. THE PLAN SHOULD CONTAIN MILESTONES
THAT CLEARLY INDICATE THE TIMING FOR: 1) COMPLETION OF THE REVIEW
2) PROVIDING STATUS REPORTS TO OMB AND 3) IMPLEMENTING REVIEW
RESULTS. IN ADDITION, THE ESTIMATE OF BURDEN FOR THIS REQUEST
APPEARS TO BE TOO LOW. PLEASE REVIEW THIS ESTIMATE WITH THE
RESPONDENTS AND SUBMIT A REVISED ESTIMATE BY SEPTEMBER 1,
1986.
Inventory as of this Action
Requested
Previously Approved
08/31/1987
08/31/1987
04/30/1986
2,041
0
2,640
66,238
0
85,643
0
0
0
CFR 563.17-1 REQUIRES FSLIC-INSURED
INSTITUTIONS TO BE EXAMINED PERIODICALLY. THIS ENTAILS DETAILED
ANALYSIS OF BUSINESS TRANSACTIONS AND REVIEW OF RECORDS FOR
REGULATORY COMPLIANCE. INSTITUTIONS ARE REQUESTED TO COMPLETE
MATERIALS FOR EACH REGULAR EXAMINATION IN ORDER TO FACILITATE AND
ENHANCE THE EXAMINER'S REVIEW AND TO MINIMIZE COST AND BUSINESS
INTERRUPTIONS TO THE INSTITUTION.
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.