Minimum Security Devices and Procedures, Reports of Suspicious Activities, and Bank Secrecy Act Compliance Program - 12 CFR Parts 21 and 163

ICR 202203-1557-002

OMB: 1557-0180

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Unchanged
Supporting Statement A
2022-03-14
ICR Details
1557-0180 202203-1557-002
Received in OIRA 202008-1557-002
TREAS/OCC
Minimum Security Devices and Procedures, Reports of Suspicious Activities, and Bank Secrecy Act Compliance Program - 12 CFR Parts 21 and 163
Revision of a currently approved collection   No
Regular 03/18/2022
  Requested Previously Approved
36 Months From Approved 08/31/2022
521,807 521,802
615,380 615,130
0 0

These recordkeeping and reporting requirements are needed to promote and monitor institution security and to ensure institution safety. The information is used by institutions, the OCC, and other agencies for bank security and law enforcement purposes. This ICR is being submitted in connection with a final rule that allows national banks, savings associations, and service corporations to request exemption from the requirements of the Suspicious Activity Report.

US Code: 12 USC 1461 et seq. Name of Law: Homeowners' Loan Act
   US Code: 12 USC 1 et seq. Name of Law: The National Bank Act
   US Code: 31 USC 5318(g) Name of Law: Bank Secrecy Act
  
None

1557-AE77 Final or interim final rulemaking 87 FR 15323 03/18/2022

No

  Total Request 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 521,807 521,802 0 5 0 0
Annual Time Burden (Hours) 615,380 615,130 0 250 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
The increase in burden is due to the change in regulations.

$0
No
    No
    No
No
No
No
No
Henry Barkhausen 202 649-7191 henry.barkhausen@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.
03/18/2022


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