Consolidated Bank Bolding Company Report of Equity Investments in Nonfinancial Companies, Annual Report of Merchant Banking Investments Held for an Extended Period.

Forms and Documents

Document Name	Status
FRY12.12A.200909.omb.docx Supporting Statement A	2009-12-10

IC Document Collections

IC ID	Document Title	Status
44941	Annual Report of Merchant Banking Investments Held for an Extended Period Instruction	Modified
43397	Consolidated Bank Bolding Company Report of Equity Investments in Nonfinancial Companies Instruction	Modified
190538	Consolidated Bank Holding Company Report of Equity Investments in Nonfinancial Companies Instruction	Modified

ICR Details

OMB Control No: 7100-0300	ICR Reference No: 200909-7100-017
Status: Historical Active	Previous ICR Reference No: 200909-7100-004
Agency/Subagency: FRS	Agency Tracking No: FR Y-12, FR Y-12A
Title: Consolidated Bank Bolding Company Report of Equity Investments in Nonfinancial Companies, Annual Report of Merchant Banking Investments Held for an Extended Period.
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/17/2009
	Date Received in OIRA: 12/17/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2012	36 Months From Approved	12/31/2009
Responses	103	0	103
Time Burden (Hours)	1,576	0	1,531
Cost Burden (Dollars)	0	0	0

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Abstract: The FR Y-12 collects information from certain domestic bank holding companies on their investments is nonfinancial companies. It enables the Federal Reserve to monitor these investments on a timely basis and to ensure that they are made in a safe and sound manner. The FR Y-12A collects information that provides the Federal Reserve with data concerning merchant banking investments that are approaching the end of the holding period permissible under Regulation Y.

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Authorizing Statute(s): US Code: 12 USC 1844 (5)(c) Name of Law: Bank Holding Company Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 48960	09/25/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 64692	12/08/2009
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 3

IC Title	Form No.	Form Name
Consolidated Bank Holding Company Report of Equity Investments in Nonfinancial Companies	FR Y-12	Consolidated Bank Holding Company Report of Equity Investments in Nonfinancial Companies
Consolidated Bank Bolding Company Report of Equity Investments in Nonfinancial Companies	FR Y-12	Consolidated Bank Holding Company Report of Equity Investments in Nonfinancial Companies
Annual Report of Merchant Banking Investments Held for an Extended Period	FR Y-12A	Annual Report of Merchant Banking Investments Held for an Extended Period

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ICR Summary of Burden

	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	103	103	0	0	0	0
Annual Time Burden (Hours)	1,576	1,531	0	45	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The Federal Reserve proposes the following revisions to the FR Y-12 reporting form and instructions effective March 31, 2010: (1) add one Memorandum item to Schedule A to collect data on the pre-tax impact of management fee income and (2) add two columns to Schedule D to collect data on direct investments in nonpublic entities. The Federal Reserve also proposes to clarify the FR Y-12 reporting instructions.

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Annual Cost to Federal Government: $29,300

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 12/17/2009

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