Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of the Basel II Advanced Capital Framework
Supervisory Guidance:
Supervisory Review Process of Capital Adequacy (Pillar 2) Related
to the Implementation of the Basel II Advanced Capital
Framework
New
collection (Request for a new OMB Control Number)
The agencies published guidance
regarding the supervisory review process for capital adequacy
(Pillar 2) provided in the Basel II advanced approaches final rule,
which was published in the Federal Register on December 7, 2007
(advanced approaches final rule) The supervisory review process
described in this guidance outlines the agencies' expectations
for(i) satisfying the qualification requirements provided in the
advanced approaches final rule; (ii) addressing the limitations of
the minimum risk-based capital requirements for credit risk and
operational risk; (iii) ensuring that each institution has a
rigorous process for assessing its overall capital adequacy in
relation to its risk profile and comprehensive strategy for
maintaining appropriate capital levels; and (iv) encouraging each
institution to improve its risk identification and measurement
techniques. This supervisory guidance applies to any bank or
financial institution implementing the advanced approaches final
rule.
Due to the fact that this is a
new collection, OTS is citing an increase in the burden as a
program change.
No
No
Uncollected
Uncollected
Uncollected
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.