OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection.
Title of Proposal:Financial Management Policies—Interest Rate Risk.
Description:This information collection covers the recordkeeping burden for maintaining data in accordance with OTS's regulation on interest rate risk procedures, 12 CFR 563.176. The purpose of the regulation is to ensure that institutions are appropriately managing their exposure to interest rate risk. To comply with this reporting requirement, institutions need to maintain sufficient records for determining how their interest rate risk exposure is being internally monitored and managed, and how their exposure compares with that of other institutions.
Type of Review:Extension of a currently approved collection.
Affected Public:Business or other for-profit.
Estimated Number of Respondents:727.
Estimated Frequency of Response:Quarterly and annually.
Estimated Total Burden:29,080 hours.
Dated: April 21, 2011.
Ira L. Mills,
Paperwork Clearance Officer,Office of Chief Counsel,Office of Thrift Supervision.