Total Annual Burden:3,284 hours.
General Description of Collection:On December 7, 2007, the FDIC, the Office of the Comptroller, and the Federal Reserve Board (collectively, the “Agencies”) issued the joint final rule titledRisk-Based Capital Standards: Advanced Capital Adequacy Framework(final rule) implementing a new risk-based regulatory capital framework for institutions in the United States. The final rule requires certain large or internationally active banks and bank holding companies (BHCs) to (1) adopt a written implementation plan, (2) update that plan for any mergers, (3) obtain prior written approvals for the use of certain approaches for determining risk-weighted assets, and (4) make certain public disclosures regarding their capital ratios, their components, and information on implicit support provided to a securitization. There are no required reporting forms associated with this information collection.
The Agencies, on August 30, 2012, proposed three rules that would amend this collection:
Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action(77 FR 52792);Regulatory Capital Rules: Standardized Approach for Risk-Weighted Assets; Market Discipline and Disclosure Requirements(77 FR 52888); andRegulatory Capital Rules: Advanced Approaches Risk-based Capital Rules; Market Risk Capital Rule(77 FR 52978). An information collection request to revise and rename the collection on the basis of the three rules has been submitted to OMB for review. However, since the FDIC's collection expires on January 31, 2013, the FDIC is proceeding with the renewal process to ensure continuation of the collection in the event that OMB does not act on the FDIC's request to revise the collection prior to its expiration date.
Request for Comment
Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC's functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the information collection on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record.
Dated at Washington, DC, this 4th day of September, 2012.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.