Pursuant to 5
CFR 1320.11(c), OMB files this comment on this information
collection request (ICR). The agency shall examine public comment
in response to the NPRM and will describe in the supporting
statement of its next collection any public comments received
regarding the collection as well as why (or why it did not)
incorporate the commenter’s recommendation. The next submission to
OMB must include the draft final rule.
Inventory as of this Action
Requested
Previously Approved
08/31/2020
36 Months From Approved
08/31/2020
2,769
0
2,769
240,711
0
240,711
0
0
0
The rules for calculating
risk-weighted assets are intended to enhance risk sensitivity and
address weaknesses identified in recent years. The OCC uses the
information collected to meet its statutory obligations to adopt
and implement a risk-based capital requirement, determine the
qualification of a bank for application of the rule, and assess the
adequacy of a qualifying bank’s risk-based capital. The OCC, FRB,
and FDIC have issued a proposed rule that would amend their capital
rules to (1) replace the standardized approach’s treatment of high
volatility commercial real estate (HVCRE) exposures with a simpler
treatment for most high volatility acquisition, development, or
construction (HVADC) exposures and (2) break out the disclosures in
Table 8 to include (i) after-tax gain-on-sale on a securitization
that has been deducted from common equity tier 1 capital and (ii)
credit-enhancing interest-only strip that is assigned a 1,250
percent risk weight. There are no changes in burden associated with
the proposed rulemaking. However, in order to be consistent across
the agencies, the OCC is conforming the methodology for calculating
its burden estimates to that of the other agencies.
US Code:
12 USC 3901-3909 Name of Law: International Lending Supervision
Act
US Code:
12 USC 1 et seq. Name of Law: The National Bank Act
US Code: 12
USC 1464 Name of Law: Homeowners' Loan Act
The decrease in burden is due
to conforming our burden calculation methodology to that of the
other agencies.
No
No
No
No
No
No
Uncollected
Carl Kaminski 202 649-5869
carl.kaminski@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.