[Federal Register Volume 77, Number 223 (Monday, November 19, 2012)]
[Notices]
[Pages 69546-69547]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-28043]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities; Information Collection
Renewal; Comment Request
AGENCIES: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Joint notice and request for comment.
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SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (44 U.S.C. chapter 35), the OCC may not conduct or sponsor,
and a respondent is not required to respond to, an information
collection unless it displays a currently valid Office of Management
and Budget (OMB) control number. The OCC is extending, without
revision, the ``Risk-Based Capital Standards: Advanced Capital Adequacy
Framework'' information collection, pending OMB review and action on
proposed changes to the collection arising from proposed rules
published in the Federal Register on August 30, 2012, entitled
``Regulatory Capital Rules: Regulatory Capital, Implementation of Basel
III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition
Provisions, and Prompt Corrective Action;'' ``Regulatory Capital Rules:
Standardized Approach for Risk-Weighted Assets; Market Discipline and
Disclosure Requirements;'' and ``Regulatory Capital Rules: Advanced
Approaches Risk-Based Capital Rule; Market Risk Capital Rule.''
DATES: Comments must be submitted on or before January 18, 2013.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Public Information Room, Mail Stop 2-3, Attention: 1557-0234,
250 E Street SW., Washington, DC 20219. In addition, comments may be
sent by fax to (202) 874-5274, or by electronic mail to
[email protected]. You may personally inspect and photocopy
comments at the OCC, 250 E Street SW., Washington, DC. For security
reasons, the OCC requires that visitors make an appointment to inspect
comments. You may do so by calling (202) 874-4700. Upon arrival,
visitors will be required to present valid government-issued photo
identification and submit to security screening in order to inspect and
photocopy comments.
FOR FURTHER INFORMATION CONTACT: Johnny Vilela, or Mary Gottlieb, OCC
Clearance Officers, (202) 874-5090, Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency, 250 E
Street SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: The OCC is proposing to renew the following
currently approved collection of information without change:
Title: Risk-Based Capital Standards; Advanced Capital Adequacy
Framework.
OMB Control No.: 1557-0234.
Frequency of Response: On occasion.
Affected Public: Insured National banks and Federal branches and
agencies of foreign banks, Federal savings associations.
Estimated Number of Respondents: 55.
[[Page 69547]]
Estimated Total Annual Burden: 821,640 hours.
General Description of Collection: On December 7, 2007, the OCC,
the Board of Governors of the Federal Reserve System, and the Federal
Deposit Insurance Corporation (Agencies) issued the joint final rule
entitled ``Risk-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 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.
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); and Regulatory 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, the OCC
is proceeding with the renewal process to ensure continuation of the
collection in the event that OMB does not act on the OCC's request to
revise the collection prior to its expiration date.
Comments submitted in response to this notice will be summarized,
included in the request for OMB approval, and become a matter of public
record. Comments are invited on:
a. Whether the information collections are necessary for the proper
performance of the OCC's functions, including whether the information
has practical utility;
b. The accuracy of the OCC's estimate 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;
d. Ways to minimize the burden of information collections on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
e. Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: November 14, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 2012-28043 Filed 11-16-12; 8:45 am]
BILLING CODE 4810-33-P