Market Risk Capital Requirements

Forms and Documents

Document Name	Status
FR2-0178 Market Risk Capital Requirements 84 FR 23790 May 23 2019.pdf Supplementary Document	2019-05-23
FR1-0178 Market Risk Capital Requirements 84 FR 1121 Feb 1 2019.pdf Supplementary Document	2019-05-23
SPST-0178 Market Risk Capital Requirements - 2019.doc Supporting Statement A	2019-05-23

IC Document Collections

IC ID	Document Title	Status
195655	Qualitative disclosures for each portfolio of covered positions	Modified
195654	Quantitative disclosures for each portfolio of covered positions	Modified
195653	Disclosure policy	Modified
195652	Quantitative market risk disclosures	Modified
195651	Securitization positions	Modified
195650	Requirements for stress testing	Modified
195649	Comprehensive risk measurement -- prior approval	Modified
195648	Incremental risk model -- prior approval	Modified
195647	Modeled specific risk	Modified
195646	Stressed VaR-based measure quantitative requirements	Modified
195645	Retention of subportfolio information	Modified
195644	Demonstrate appropriateness of proxies	Modified
195643	Backtesting adjustments to risk-based capital ratio calculations	Modified
195642	Internal audit report	Modified
195641	Review of internal models	Modified
195640	Active management of covered positions	Modified
195639	Trading and hedging strategies	Modified
195637	Identification of trading positions	Modified

ICR Details

OMB Control No: 3064-0178	ICR Reference No: 201905-3064-002
Status: Active	Previous ICR Reference No: 201510-3064-001
Agency/Subagency: FDIC	Agency Tracking No: 3064-0178
Title: Market Risk Capital Requirements
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/09/2019
	Date Received in OIRA: 05/23/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2022	36 Months From Approved	07/31/2019
Responses	42	0	60
Time Burden (Hours)	5,228	0	3,928
Cost Burden (Dollars)	0	0	0

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Abstract: The FDIC’s market risk capital rules (12 CFR part 324, subpart F) enhance risk sensitivity, increase transparency through enhanced disclosures and include requirements for the public disclosure of certain qualitative and quantitative information about the market risk of state nonmember banks and state savings associations (covered FDIC-supervised institutions). The market risk rule applies only if a bank holding company or bank has aggregated trading assets and trading liabilities equal to 10 percent or more of quarter-end total assets or $1 billion or more (covered FDIC-supervised institutions). Currently, only one FDIC-regulated entity meets the criteria of the information collection requirements that are located at 12 CFR 324.203 through 324.212. The collection of information is necessary to ensure capital adequacy appropriate for the level of market risk.

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Authorizing Statute(s): US Code: 12 USC 1815(a) Name of Law: Federal Deposit Insurance Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 1121	02/01/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 23790	05/23/2019
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 18

IC Title	Form No.	Form Name
Active management of covered positions
Trading and hedging strategies
Review of internal models
Stressed VaR-based measure quantitative requirements
Modeled specific risk
Identification of trading positions
Requirements for stress testing
Comprehensive risk measurement -- prior approval
Quantitative market risk disclosures
Quantitative disclosures for each portfolio of covered positions
Qualitative disclosures for each portfolio of covered positions
Demonstrate appropriateness of proxies
Internal audit report
Incremental risk model -- prior approval
Backtesting adjustments to risk-based capital ratio calculations
Retention of subportfolio information
Disclosure policy
Securitization positions

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	42	60	0	0	-18	0
Annual Time Burden (Hours)	5,228	3,928	0	0	1,300	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 05/23/2019

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