Reporting and Recordkeeping Requirements Associated with Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring

OMB 1557-0323

This supporting statement is being filed in connection with a final rule issued by the OCC, the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, “the agencies”). The final rule requires depository institution subsidiaries of certain U.S. intermediate holding companies of foreign banking organizations to calculate a Liquidity Coverage Ratio.

The latest form for Reporting and Recordkeeping Requirements Associated with Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring expires 2022-12-31 and can be found here.

Latest Forms, Documents, and Supporting Material

Document Name
1557-0323 LCR-Liquidity Risk Measurement - Supporting Statement Final (Submitted to OMB).docx Supporting Statement A
Recordkeeping - Section 50.4(a) - Maintain sufficient written documentation of legal review. Establish and maintain written procedures.
Recordkeeping - 50.22(a)(5) - Documented methodology providing consistent treatment for determining whether eligible HQLA meets operational requirements.
Reporting - Sections 50.40(b)(3)(iv) and 50.110(b)(3) - Progress Reports.
Reporting - Sections 50.40(b) and 50.110(b) - Liquidity Plan.
Recordkeeping - Sections 50.40(b) and 50.110(b) - Preparation of Liquidity Plan
Reporting - Sections 50.40(a) and 50.110(a) Notification of shortfall.
Recordkeeping - Section 50.22(a) and 50.109(b) - Written procedures to identify/monitor restrictions on transferring assets; Documented methodology.

All Historical Document Collections

202407-1557-001 Approved without change	Reinstatement with change of a previously approved collection	2024-07-11
202010-1557-003 Approved without change	Revision of a currently approved collection	2021-02-11
201911-1557-001 Approved without change	Revision of a currently approved collection	2019-11-01
201905-1557-001 Comment filed on proposed rule and continue	Revision of a currently approved collection	2019-05-24
201710-1557-003 Approved without change	Extension without change of a currently approved collection	2017-10-23
201407-1557-004 Approved without change	New collection (Request for a new OMB Control Number)	2014-10-10
201310-1557-003 Comment filed on proposed rule	New collection (Request for a new OMB Control Number)	2013-11-29

OMB Details

Recordkeeping - Section 50.22(a)(2), (a)(5), and 50.108(b) - Written procedures to identify/monitor restrictions on transferring assets; Documentation

Federal Enterprise Architecture: Economic Development - Financial Sector Oversight