Document Headings

                    Document headings vary by document type but may contain                    the following:                  
                -                       the agency or agencies that issued and signed a document                    
                -                       the number of the CFR title and the number of each part                      the document amends, proposes to amend, or is directly                      related to                    
                -                       the agency docket number / agency internal file number                    
                -                       the RIN which identifies each regulatory action listed in                      the Unified Agenda of Federal Regulatory and Deregulatory                      Actions                    

                    See the                                          Document Drafting Handbook                                        for more details.                  

###### Department of the Treasury

###### Office of the Comptroller of the Currency

# AGENCY:

Office of the Comptroller of the Currency (OCC), Treasury.

# ACTION:

Notice and request for comments.

# SUMMARY:

The OCC, as part of its 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 (PRA).

                        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                               ( print page 42016)                            Office of Management and Budget (OMB) control number.                    

The OCC is soliciting comment concerning the renewal of its information collection titled “Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2).” The OCC also is giving notice that it has sent the collection to OMB for review.

# DATES:

Comments must be received by October 5, 2017.

# ADDRESSES:

                        Because paper mail in the Washington, DC area and at the OCC is subject to delay, commenters are encouraged to submit comments by email, if possible. Comments may be sent to: Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, Attention: 1557-0242, 400 7th Street SW., Suite 3E-218, Washington, DC 20219. In addition, comments may be sent by fax to (571) 465-4326 or by electronic mail to                         *prainfo@occ.treas.gov.*                         You may personally inspect and photocopy comments at the OCC, 400 7th 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) 649-6700 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597. 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.                    

All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not include any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure.

                        Additionally, please send a copy of your comments by mail to: OCC Desk Officer, 1557-0242, U.S. Office of Management and Budget, 725 17th Street NW., #10235, Washington, DC 20503 or by email to                         *oira submission@omb.eop.gov.*

# FOR FURTHER INFORMATION CONTACT:

Shaquita Merritt, OCC Clearance Officer, (202) 649-5490 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219.

# SUPPLEMENTARY INFORMATION:

Under the PRA (44 U.S.C. 3501-3520), federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor. “Collection of information” is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party.

The OCC is requesting that OMB extend its approval of this collection.

*Title of Information Collection:*                     Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2).                

*OMB Control No.:*                     1557-0242.                

*Frequency of Response:*                     Event-generated.                

*Affected Public:*                     National banks.                

*Abstract:*                     In 2008, the agencies [1]                                          issued a supervisory guidance document for implementing the supervisory review process (Pillar 2).[2]                                          Sections 37, 41, 43, and 46 of the guidance contain 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 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. Boards of directors, under section 46, should 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).                

*Estimated Burden:*

*Number of Respondents:*                     23.                

*Estimated Burden per Respondent:*                     140 hours.                

*Total Estimated Annual Burden:*                     3,220 hours.                

The OCC issued a notice for 60 days of comment on June 7, 2017, 82 FR 26569. No comments were received. Comments continue to be invited on:

(a) Whether the collection of information is necessary for the proper performance of the OCC's functions, including whether the information has practical utility;

(b) The accuracy of the OCC's burden estimates, 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.

Dated: August 28, 2017.

Karen Solomon,

Deputy Chief Counsel, Office of the Comptroller of the Currency.

# Footnotes

1.                             OCC, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation.                    
        Back to Citation      

2.                             73 FR 44620 (July 31, 2008).                    
        Back to Citation      

[FR Doc. 2017-18692 Filed 9-1-17; 8:45 am]

BILLING CODE 4810-33-P