Advanced Capital Adequacy Framework Regulatory Reporting Requirements

ICR 201101-1550-005

OMB: 1550-0120

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2011-01-29
Supplementary Document
2011-01-29
Supporting Statement A
2011-01-29
IC Document Collections
ICR Details
1550-0120 201101-1550-005
Historical Active 200802-1550-001
TREAS/OTS
Advanced Capital Adequacy Framework Regulatory Reporting Requirements
Revision of a currently approved collection   No
Regular
Approved with change 03/25/2011
Retrieve Notice of Action (NOA) 01/29/2011
Burden estimates were reclassified as changes due to agency estimate.
  Inventory as of this Action Requested Previously Approved
03/31/2014 36 Months From Approved 04/30/2011
3 0 5
7,500 0 12,500
0 0 0

These proposed new regulatory requirements would apply to savings associations that qualify for and adopt the Advanced Capital Adequacy Framework to calculate their risk-based capital requirement or are in the parallel run stage of qualifying to adopt this framework. The proposal describes the scope of reporting and the proposed reporting requirements.

US Code: 12 USC 1 et seq. Name of Law: National Bank Act
  
None

Not associated with rulemaking

  75 FR 65402 10/22/2010
76 FR 5251 01/28/2011
No

1
IC Title Form No. Form Name
Advanced Capital Adequacy Framework Regulatory Reporting Requirements FFIEC 101 BASEL II Reporting Schedules

  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 3 5 0 0 -2 0
Annual Time Burden (Hours) 7,500 12,500 0 0 -5,000 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The OTS is citing a reduction in the inventory burden due to a reduction in the number of respondents. The OTS uses the information to assess and monitor the levels and components of each bank’s risk-based capital requirements and the adequacy of the entity’s capital under the framework. The data allows the OTS to evaluate the quantitative impact and competitive implications of the framework on individual respondents and on the industry. The reporting schedules assist banks in understanding expectations surrounding the system development necessary for implementation and validation of the framework. The data submitted by banks that is releasable to the public provides information about banks’ risk-based capital. The data also serves to contribute to the on-site examination processes.

No
No
No
No
No
Uncollected
Ira Mills 202 906-6531 Ira.Mills@ots.treas.gov

  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.
01/29/2011


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