Agency Information Collection Activities: Submission for OMB Review; Comment Request; Basel II Recordkeeping and Disclosures, 9915-9916 [2013-03183]

Agencies

• FEDERAL DEPOSIT INSURANCE CORPORATION

[Federal Register Volume 78, Number 29 (Tuesday, February 12, 2013)]
[Notices]
[Pages 9915-9916]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-03183]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request; Basel II Recordkeeping and Disclosures

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comments.

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SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on information 
collections, as required by the Paperwork Reduction Act of 1995, Public 
Law 104-13 (44 U.S.C. 3506(c)(2)(A). On September 10, 2012, the FDIC 
requested comment for 60 days on a proposal to extend without revision 
its Basel II--Recordkeeping and Disclosures information collection, 
which is currently approved under OMB Control No. 3064-0153. No 
comments were received on the proposal. The FDIC hereby gives notice of 
its plan to submit to OMB a request to approve extension of the 
collection without change pending finalization of proposed rules 
published in the Federal Register on August 30, 2012, and entitled 
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); Regulatory 
Capital Rules: Advanced Approaches Risk-Based Capital Rule; Market Risk 
Capital Rule (77 FR 52978), and OMB review and action on proposed 
changes to the collection arising from the rules.

DATES: Comments must be submitted on or before March 14, 2013.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal/notices.html
     Email: comments@fdic.gov Include the name of the 
collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room NY-
5050, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. A copy of 
the comments may also be submitted to the OMB desk officer for the 
FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Leneta Gregorie, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION: 

Proposal to renew the following currently approved collections of 
information:

    Title: Basel II: Disclosures and Recordkeeping.
    OMB Number: 3064-0153.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks and state savings 
institutions.
    Estimated Number of Respondents: 8.
    Estimated Average Time per Response: implementation--330 hours; 
systems maintenance--27.9 hours; disclosures--5.79 hours; control, 
oversight and verification--11.05 hours; documentation--19 hours; and 
supervisory approvals--16.82 hours.
    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 titled 
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 (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.

[[Page 9916]]

    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 was submitted to OMB for review in response to which 
OMB, on February 1, 2013, filed a comment, requesting that the Agencies 
resubmit their information collection requests when the proposed rules 
are finalized. Since the FDIC's collection expires on February 28, 
2013, the FDIC is proceeding with the renewal process for the existing 
collection to ensure its continuation until such time as the proposed 
rules are finalized and the FDIC resubmits to OMB its request to revise 
the collection.

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.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, this 7th day of February, 2013.
Robert E. Feldman.
Executive Secretary.
[FR Doc. 2013-03183 Filed 2-11-13; 8:45 am]
BILLING CODE 6714-01-P