[Federal Register Volume 76, Number 77 (Thursday, April 21, 2011)]
[Notices]
[Pages 22450-22451]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-9634]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Agency Information Collection Activities; Proposed Information 
Collection Requirements; Comment Request

AGENCIES: Office of the Comptroller of the Currency, Treasury (OCC); 
Board of Governors of the Federal Reserve System (Board); Federal 
Deposit Insurance Corporation (FDIC); and Office of Thrift Supervision, 
Treasury (OTS) (collectively, the agencies).

ACTION: Notice.

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SUMMARY: The agencies, as part of their continuing effort to reduce 
paperwork and respondent burden, invites the general public and other 
Federal agencies to comment on a continuing information collection, as 
required by the Paperwork Reduction Act of 1995. An agency 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 agencies are soliciting 
comment concerning a continuing information collection titled ``Basel 
II Interagency Supervisory Guidance for the Supervisory Review Process 
(Pillar 2).''

DATES: Comments must be received by June 20, 2011.

ADDRESSES: Comments should be addressed to:
    OCC: Communications Division, Office of the Comptroller of the 
Currency, Mailstop 2-3, Attention: 1557-0242, 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 the comments at the OCC, 250 E Street, 
SW., Washington, DC 20219. 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 to submit to 
security screening in order to inspect and photocopy comments.
    Board: You may submit comments, identified by FR 4199, by any of 
the following methods:
     Agency Web Site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Fax: (202) 452-3819 or (202) 452-3102.
     Mail: Jennifer J. Johnson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue, 
NW., Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as 
submitted, except as necessary for technical reasons. Accordingly, your 
comments will not be edited to remove any identifying or contact 
information. Public comments may also be viewed electronically or in 
paper form in Room MP-500 of the Board's Martin Building (20th and C 
Streets, NW.) between 9 a.m. and 5 p.m. on weekdays.
    FDIC: You may submit comments by any of the following methods:
     Agency Web Site: http://www.fdic.gov/regulations/laws/federal/notices.html. Follow instructions for submitting comments on 
the Agency Web Site.
     E-mail: [email protected]. Include ``Basel II Supervisory 
Guidance'' in the subject line of the message.
     Mail: Robert E. Feldman, Executive Secretary, Attention: 
Comments, Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
     Hand Delivery/Courier: Guard station at the rear of the 
550 17th Street Building (located on F Street) on business days between 
7 a.m. and 5 p.m. (EST).
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Public Inspection: All comments received will be posted 
without change to http://www.fdic.gov/regulations/laws/federal 
including any personal information provided. Comments may be inspected 
and photocopied in the FDIC Public Information Center, 3501 North 
Fairfax Drive, Room E-1002, Arlington, VA 22226, between 9 a.m. and 5 
p.m. (EST) on business days. Paper copies of public comments may be 
ordered from the Public Information Center by telephone at (877) 275-
3342 or (703) 562-2200.
    OTS: Information Collection Comments, Chief Counsel's Office, 
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552; 
send a facsimile transmission to (202) 906-6518; or send an e-mail to 
[email protected]. OTS will post comments and the 
related index on the OTS Internet site at http://www.ots.treas.gov. In 
addition, interested persons may inspect the comments at the Public 
Reading Room, 1700 G Street, NW., by appointment. To make an 
appointment, call (202) 906-5922, send an e-mail to 
public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to (202) 
906-7755. A copy of the comments may also be submitted to the OMB desk 
officer for the Agencies: By mail to U.S. Office of Management and 
Budget, 725 17th Street, NW., Room 10235, Washington, DC 20503 or by 
facsimile to 202-395-6974, Attention: Federal Banking Agency Desk 
Officer.

FOR FURTHER INFORMATION CONTACT:
    OCC: Mary H. Gottlieb, OCC Clearance Officer, (202) 874-5090, 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.
    Board: Cynthia Ayouch, Acting Federal Reserve Board Clearance 
Officer, (202) 452-3829, Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, 20th and C Streets, NW., 
Washington, DC 20551. Telecommunications Device for the Deaf (TDD) 
users may call (202) 263-4869.
    FDIC: Leneta Gregorie, Counsel, (202) 898-3719, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
    OTS: Ira L. Mills, OTS Clearance Officer, at 
[email protected], (202) 906-6531, or facsimile number (202) 906-
6518, Regulations and Legislation Division, Chief Counsel's Office, 
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: In accordance with the requirements of the

[[Page 22451]]

Paperwork Reduction Act of 1995, the Agencies may not conduct or 
sponsor, and the respondent is not required to respond to, an 
information collection unless it displays a currently valid OMB control 
number. The Agencies are requesting comment on a continuing information 
collection.
    Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the Agencies' 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;
    (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; and
    (e) Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Title of Information Collection: Basel II Interagency Supervisory 
Guidance for the Supervisory Review Process (Pillar 2).
    OMB Control Numbers:

OCC: 1557-0242.
FRB: 7100-0320.
FDIC: 3064-0165.
OTS: 1550-0125.
    Frequency of Response: Event-generated.
    Affected Public:

OCC: National banks.
Board: State member banks and bank holding companies.
FDIC: Insured State nonmember banks and certain subsidiaries of these 
entities.
OTS: Savings associations and certain of their subsidiaries.

    Abstract: The agencies issued a supervisory guidance document for 
implementing the supervisory review process (Pillar 2). The guidance 
was issued on July 31, 2008 (73 FR 44620).
    Sections 37, 41, 43, and 46 of the guidance impose information 
collection requirements. Section 37 states that banks should state 
clearly the definition of capital used in any aspect of its internal 
capital adequacy assessment process (ICAAP) and document any changes in 
the internal definition of capital. Section 41 requires banks to 
maintain thorough documentation of ICAAP. Section 43 specifies that 
boards of directors must approve the bank's ICAAP, review it on a 
regular basis, and approve any changes. Boards of directors also are 
required under section 46 to periodically review the assessment of 
overall capital adequacy and to analyze how measures of internal 
capital adequacy compare with other capital measures (such as 
regulatory or accounting).
    The agencies' burden estimates for these information collection 
requirements are summarized below. Note that the estimated number of 
respondents listed below include both institutions for which the Basel 
II risk-based capital requirements are mandatory and institutions that 
may be considering opting-in to Basel II (despite the lack of any 
formal commitment by most of these latter institutions).

 Estimated Burden

OCC

    Number of Respondents: 48.
    Estimated Burden per Respondent: 140 hours.
    Total Estimated Annual Burden: 6,720 hours.

Board

    Number of Respondents: 18.
    Estimated Burden per Respondent: 420 hours.
    Total Estimated Annual Burden: 7,560 hours.

FDIC

    Number of Respondents: 19.
    Estimated Burden per Respondent: 420 hours.
    Total Estimated Annual Burden: 7,980 hours.

OTS

    Number of Respondents: 3.
    Estimated Burden per Respondent: 420 hours.
    Total Estimated Annual Burden: 1,260 hours.

    Dated: April 12, 2011.
Michele Meyer,
Assistant Director, Legislative & Regulatory Activities Division, 
Office of the Comptroller of the Currency.

    By order of the Board of Governors of the Federal Reserve 
System, April 8, 2011.
Jennifer J. Johnson,
Secretary of the Board.
    Dated at Washington, DC, the 11th day of April, 2011.

    By order of the Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
    Dated: April 14, 2011.

    By the Office of Thrift Supervision.
Ira Mills,
Paperwork Clearance Officer, Office of the Chief Counsel, Office of 
Thrift Supervision.
[FR Doc. 2011-9634 Filed 4-20-11; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P; 6720-01-P