Year 2000 Safety and Soundness Standards

ICR 199809-1550-003

OMB: 1550-0097

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
19963
Migrated
ICR Details
1550-0097 199809-1550-003
Historical Active
TREAS/OTS
Year 2000 Safety and Soundness Standards
New collection (Request for a new OMB Control Number)   No
Emergency 09/11/1998
Approved without change 09/11/1998
Retrieve Notice of Action (NOA) 09/08/1998
  Inventory as of this Action Requested Previously Approved
03/31/1999 03/31/1999
275 0 0
15,675 0 0
0 0 0

The Federal Bank Regulatory Agencies are issuing these "Interagency Guidelines Establishing Year 2000 Safety and Soundness Standards" pursuant to section 39 of FDIC, 12 U.S.C. 1831p-1. Section 39 authorizes the Agencies to prescribe operational and managerial standards as they determine to be appropriate and to require institutions that fail to meet such standards to submit corrective action plans. The agencies are issuing these guidelines, which are distilled from the FFIEC guidance, to establish minimum safety and soundness standards for achieving Year 2000 readiness.

None
None


No

1
IC Title Form No. Form Name
Year 2000 Safety and Soundness Standards

  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 275 0 0 275 0 0
Annual Time Burden (Hours) 15,675 0 0 15,675 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  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.
09/08/1998


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