(MA) Minimum Security Devices and Procedures, Report of Suspicious Activities, and Bank Secrecy Act Compliance Program
12 CFR Part 21, 12 CFR 168 and 12 CFR Part 163
Non-substantive Change
OMB Control No. 1557-0180
The OCC inadvertently miscalculated the burden. The corrected calculations should have been as below:
From the previous submission:
Current Number of Response: 337,421 Current Burden: 449,086
Requested Number of Responses: 397,748 Requested Burden Hours: 613,784
Difference in Burden: 164,698 hours
On July 21, 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, 124 Stat. 1376 (2010) (Dodd-Frank Act). As part of the comprehensive package of financial regulatory reform measures enacted, Title III of the Dodd-Frank Act transfers the powers, authorities, rights and duties of the Office of Thrift Supervision to other banking agencies, including the OCC, on the “transfer date.” The transfer date is one year after the date of enactment of the Dodd-Frank Act, July 21, 2011. The Dodd-Frank Act also abolishes the OTS ninety days after the transfer date. As a result of the Dodd-Frank Act, OCC is making a non-substantive change to this collection of information to include the thrift institutions it now regulates.
Corrected calculations for this submission:
Current Number of Responses: 397,748 Current Burden: 645,866 hours
Requested Number of Responses: 397,748 Requested Burden: 613,784 hours
Difference in the Burden: 32,082 hours as an Adjustment
File Type | application/msword |
File Title | Examination Questionnaire |
Author | OCC |
Last Modified By | Ira Mills |
File Modified | 2011-09-28 |
File Created | 2011-09-28 |