Market Risk Capital Requirements

ICR 201905-3064-002

OMB: 3064-0178

Federal Form Document

Forms and Documents
ICR Details
3064-0178 201905-3064-002
Active 201510-3064-001
FDIC 3064-0178
Market Risk Capital Requirements
Extension without change of a currently approved collection   No
Regular
Approved without change 07/09/2019
Retrieve Notice of Action (NOA) 05/23/2019
  Inventory as of this Action Requested Previously Approved
07/31/2022 36 Months From Approved 07/31/2019
42 0 60
5,228 0 3,928
0 0 0

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.

US Code: 12 USC 1815(a) Name of Law: Federal Deposit Insurance Act
  
None

Not associated with rulemaking

  84 FR 1121 02/01/2019
84 FR 23790 05/23/2019
No

  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
No
No

No
    No
    No
No
Yes
No
Uncollected
Jennifer Jones 202 551-5776 jonesjen@sec.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.
05/23/2019


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