These quarterly reporting requirements
were established by the Federal Financial Institutions Examination
Council (FFIEC) for banks that quality for and adopt the Advanced
Capital Adequacy Framework or are in the parallel run state of
qualifying for the framework. The revisions to the FFIEC 101 report
are limited to removing two credit valuation adjustment (CVA) items
from the exposure at default (EAD) column on FFIEC 101 Schedule B,
Summary Risk-Weighted Asset Information for Banks Approved to Use
Advanced Internal Ratings-Based and Advanced Measurement Approaches
for Regulatory Capital Purposes (items 31.a and 31.b, column D).
These revisions take effect as of the September 30, 2017, report
date. However, reporting entities would be advised that they may
elect to adopt the changes by ceasing to report column D of items
31.a and 31.b on FFIEC 101 Schedule B as of the June 30, 2017,
report date.
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.