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.
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 banks risk-based capital
requirements and the adequacy of the entitys 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.