Proposed Rule 17i-4 would require an
SIBHC establish, document and maintain a system of inernal risk
management controls (including procedures for the detection and
prevention of money laundering and errorist financing), and
periodically review this internal risk management control system
for integrity of the risk measurement, monitoring, and management
process, and accounta- bility, at the appropriate organizational
level, for defining the permitted scope of activity and level of
risk.
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.
Rule 17i-4 (17 CFR 240.17i-4): Internal Risk Management Control System Requirements for Supervised Investment Bank Holding Companies.