[Federal Register Volume 89, Number 197 (Thursday, October 10, 2024)]
[Notices]
[Pages 82242-82243]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-23408]


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FEDERAL DEPOSIT INSURANCE CORPORATION

[OMB No. 3064-0165]


Agency Information Collection Activities: Proposed Collection 
Renewal; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, as part of its obligations under the Paperwork 
Reduction Act of 1995 (PRA), invites the general public and other 
Federal agencies to take this opportunity to comment on the renewal of 
the existing information collections described below (OMB Control No. 
3064-0165).

DATES: Comments must be submitted on or before December 9, 2024.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
    <bullet> Agency Website: https://www.fdic.gov/resources/regulations/federal-register-publications/.
    <bullet> Email: <a href="/cdn-cgi/l/email-protection#a2c1cdcfcfc7ccd6d1e2c4c6cbc18cc5cdd4"><span class="__cf_email__" data-cfemail="b5d6dad8d8d0dbc1c6f5d3d1dcd69bd2dac3">[email protected]</span></a>. Include the name and number of 
the collection in the subject line of the message.
    <bullet> Mail: Manny Cabeza (202-898-3767), Regulatory Counsel, MB-
3128, Federal Deposit Insurance Corporation, 550 17th Street NW, 
Washington, DC 20429.
    <bullet> Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street NW building (located on F Street 
NW), 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: Manny Cabeza, Regulatory Counsel, 202-
898-3767, <a href="/cdn-cgi/l/email-protection#4528262427203f240523212c266b222a33"><span class="__cf_email__" data-cfemail="7f121c1e1d1a051e3f191b161c51181009">[email protected]</span></a>, MB-3128, Federal Deposit Insurance 
Corporation, 550 17th Street NW, Washington, DC 20429.

SUPPLEMENTARY INFORMATION: 
    Proposal to renew the following currently approved collection of 
information:
    Title: Pillar 2 Guidance--Advanced Capital Framework.
    OMB Number: 3064-0165.
    Form Number: None.
    Affected Public: Insured state nonmember banks and certain 
subsidiaries of these entities.
    Burden Estimate:

                                       Summary of Estimated Annual Burden
                                               [OMB No. 3064-0165]
----------------------------------------------------------------------------------------------------------------
                                           Type of burden                      Number of      Time per   Annual
     Information Collection (IC)           (frequency of        Number of    responses per    response   burden
       (obligation to respond)               response)         respondents     respondent     (HH:MM)    (hours)
----------------------------------------------------------------------------------------------------------------
Supervisory Guidance: Supervisory      Recordkeeping                     1                4     105:00       420
 Process of Capital Adequacy (Pillar    (Quarterly).
 2) Related to the Implementation of
 the Basel II Advanced Capital
 Framework (Voluntary).
                                                             ---------------------------------------------------
    Total Annual Burden (Hours):.....  .....................  ............  ...............  .........       420
----------------------------------------------------------------------------------------------------------------
Source: FDIC.

    General Description of Collection. In 2008, the Office of the 
Comptroller of the Currency, the Board of Governors of the Federal 
Reserve System, and the FDIC issued a supervisory guidance document 
related to the supervisory review process of capital adequacy (Pillar 
2) in connection with the implementation of the Basel II Advanced 
Capital Framework. Sections 37, 41, 43, and 46 of the guidance include 
possible information collections. Section 37 provides 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 provides that 
banks should maintain thorough documentation of its ICAAP. Section 43 
specifies that the board of directors should approve the bank's ICAAP, 
review it on a regular basis and approve any changes. Section 46 
recommends that boards of directors periodically review the assessment 
of overall capital adequacy and analyze how measures of internal 
capital adequacy compare with other capital measures such as regulatory 
or accounting. There has been no change in the method or substance of 
this information collection, and the burden is unchanged from the 2021 
burden estimate.

Request for Comment

    Comments are invited on: (a) whether the collections of information 
are 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 collections, 
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 collections of 
information on respondents, including through the use of automated 
collection techniques or other forms of information

[[Page 82243]]

technology. All comments will become a matter of public record.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on October 4, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024-23408 Filed 10-9-24; 8:45 am]
BILLING CODE 6714-01-P


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