The use of a model to calculate a
credit exposure, other than one approved for capital purposes, must
be approved by the OCC specifically for part 32 purposes and must
be approved in writing. If a national bank or Federal savings
association proposes to use an internal model that has been
approved by the OCC for capital purposes, the institution must
provide prior written notification to the OCC prior to use of or
change to the model for lending purposes.
Heidi Thomas 202 874-5090
heidi.thomas@occ.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.