51936 Federal Register / Vol. 82, No. 215 / Wednesday, November 8, 2017 / Notices 

1Pub. L. 111–203, 124 Stat. 1376, July 2010. 

2 12 U.S.C. 5365(i)(2)(A). 

3 12 U.S.C. 5301(12). 

4 12 U.S.C. 5365(i)(2)(C). 

5 12 U.S.C. 5365(i)(2)(B). 

6 77 FR 61238 (October 9, 2012) (codified at 12 

CFR part 46). 

To be completed by banks with $100 

billion or more in total assets. 

Schedule Item Item name MDRM No. 

RC–S .............. 3 ..................... Reporting bank’s unused commitments to provide liquidity to structures reported in item 1 (Columns A through G).RCFDB726, RCFDB727, 

RCFDB728, RCFDB729, 

RCFDB730, RCFDB731, 

RCFDB732. 

Dated: November 2, 2017. 

Karen Solomon, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

Board of Governors of the Federal Reserve 

System, October 31, 2017. 

Ann E. Misback, 

Secretary of the Board. 

Dated at Washington, DC, this 31st day of 

October, 2017. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2017–24310 Filed 11–7–17; 8:45 am] 

BILLING CODE 4810–33–6710–07;6714–01–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Revision of an Approved 

Information Collection; Comment 

Request; Company-Run Annual Stress 

Test Reporting Template and 

Documentation for Covered 

Institutions With Total Consolidated 

Assets of $50 Billion or More Under the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act 

AGENCY: Office of the Comptroller of the 

Currency, Treasury (OCC). 

ACTION: Notice and request for 

comment. 

SUMMARY: The OCC, 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 a continuing information 

collection, as required by the Paperwork 

Reduction Act of 1995 (PRA). 

In accordance with the requirements 

of the PRA, the OCC may not conduct 

or sponsor, and the 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 soliciting comment 

concerning a revision to a regulatory 

reporting requirement for national banks 

and federal savings associations titled, 

‘‘Company-Run Annual Stress Test 

Reporting Template and Documentation 

for Covered Institutions with Total 

Consolidated Assets of $50 Billion or 

More under the Dodd-Frank Wall Street 

Reform and Consumer Protection Act.’’ 

DATES: Comments must be received by 

January 8, 2018. 

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: 

1557–0319, 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 7 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 hearing impaired, TTY, (202) 

649–5597. Upon arrival, visitors will be 

required to present valid governmentissued 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. 

FOR FURTHER INFORMATION CONTACT: 

Shaquita Merritt, OCC Clearance 

Officer, (202) 649–5490 or, for persons 

who are deaf or hearing impaired, TTY, 

(202) 649–5597, Legislative and 

Regulatory Activities Division, Office of 

the Comptroller of the Currency, 400 7 

St. SW., Washington, DC 20219. In 

addition, copies of the templates 

referenced in this notice can be found 

on the OCC’s Web site under News and 

Issuances (http://www.occ.treas.gov/ 

tools-forms/forms/bank-operations/ 

stress-test-reporting.html). 

SUPPLEMENTARY INFORMATION: The OCC 

is requesting comment on the following 

revision to an approved information 

collection: 

Title: Company-Run Annual Stress 

Test Reporting Template and 

Documentation for Covered Institutions 

with Total Consolidated Assets of $50 

Billion or More under the Dodd-Frank 

Wall Street Reform and Consumer 

Protection Act. 

OMB Control No.: 1557–0319. 

Description: Section 165(i)(2) of the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act 1 (Dodd-Frank 

Act) requires certain financial 

companies, including national banks 

and federal savings associations, to 

conduct annual stress tests 2 and 

requires the primary financial regulatory 

agency 3 of those financial companies to 

issue regulations implementing the 

stress test requirements.4 A national 

bank or federal savings association is a 

‘‘covered institution’’ and therefore 

subject to the stress test requirements if 

its total consolidated assets are more 

than $10 billion. Under section 

165(i)(2), a covered institution is 

required to submit to the Board of 

Governors of the Federal Reserve 

System (Board) and to its primary 

financial regulatory agency a report at 

such time, in such form, and containing 

such information as the primary 

financial regulatory agency may 

require.5 On October 9, 2012, the OCC 

published in the Federal Register a final 

rule implementing the section 165(i)(2) 

annual stress test requirement.6 This 

rule describes the reports and 

information collections required to meet 

the reporting requirements under 

section 165(i)(2). These information 

collections will be given confidential 

treatment (5 U.S.C. 552(b)(4)) to the 

extent permitted by law. 

In 2012, the OCC first implemented 

the reporting templates referenced in 

the final rule. See 77 FR 49485 (August 

16, 2012) and 77 FR 66663 (November 

6, 2012). The OCC is now revising the 

reporting templates as described below. 


ethrower on DSK3G9T082PROD with NOTICES
Federal Register / Vol. 82, No. 215 / Wednesday, November 8, 2017 / Notices 51937 

7http://www.federalreserve.gov/reportforms. 

8 82 FR 26793 (June 6, 2017). 

The OCC intends to use the data 

collected to assess the reasonableness of 

the stress test results of covered 

institutions and to provide forwardlooking information to the OCC 

regarding a covered institution’s capital 

adequacy. The OCC also may use the 

results of the stress tests to determine 

whether additional analytical 

techniques and exercises could be 

appropriate to identify, measure, and 

monitor risks at the covered institution. 

The stress test results are expected to 

support ongoing improvement in a 

covered institution’s stress testing 

practices with respect to its internal 

assessments of capital adequacy and 

overall capital planning. 

The OCC recognizes that many 

covered institutions with total 

consolidated assets of $50 billion or 

more are required to submit reports 

using Comprehensive Capital Analysis 

and Review (CCAR) reporting form FR 

Y–14A.7 The OCC also recognizes the 

Board has proposed to modify the FR Y– 

14A and, to the extent practical, the 

OCC will keep its reporting 

requirements consistent with the 

Board’s FR Y–14A in order to minimize 

burden on covered institutions.8

Therefore, the OCC is proposing to 

revise its reporting requirements to 

mirror the Board’s proposed FR Y–14A 

for covered institutions with total 

consolidated assets of $50 billion or 

more. In addition to the changes that 

parallel the Board’s proposed changes to 

the FR Y–14A, the OCC is also 

proposing two other changes. First, the 

proposal would modify the OCC 

supplemental schedule. Second, the 

proposal would allow federal savings 

associations to comply with the 

reporting requirements applicable to 

subsidiaries of large, noncomplex 

holding companies, as defined by the 

Board. These proposed changes are 

described in more detail below. 

Proposed Revisions to Reporting 

Templates That Mirror Changes 

Proposed by the Board 

The proposed revisions to the 

DFAST–14A reporting templates consist 

of the following: 

• Eliminating two schedules, the 

Regulatory Capital Transitions Schedule 

and Retail Repurchase Exposures 

Schedule; 

• Adding one item to the 

counterparty worksheet of the summary 

schedule to collect information of 

Funding Valuation Adjustments (FVAs) 

for firms subject to the Global Market 

Shock; 

• Eliminating references to the term 

‘‘extraordinary items’’ to align with 

Federal Accounting Standards Board 

(FASB) Subtopic 255–30; and 

• Modifying instructions to clarify 

reporting of ‘‘Credit Loss Portion’’ and 

‘‘Non-Credit Loss Portion’’ information 

for Available for Sale/Held to Maturity 

(AFS/HTM) worksheets in the summary 

schedule. 

OCC Supplemental Schedule 

In 2017, the OCC introduced a 

supplemental schedule that collects 

additional information not included in 

the FR Y–14A. The proposed revisions 

include modifications to the OCC 

supplemental schedule. These 

modifications to the supplemental 

schedule consist of clarifying 

instructions as well as adding, deleting, 

and modifying existing data items. The 

total number of items in the 

supplemental schedule would be 

reduced by approximately half, 

reflecting the OCC’s commitment to 

reducing the reporting burden. In 

particular, the proposed revisions 

would delete existing data items on 

Allowance for Loan and Lease Loss data 

and Provisions data. The OCC 

periodically reviews its data collection 

to identify necessary fields that no 

longer support the OCC’s supervisory 

objectives, and the allowance and 

provision fields were identified for 

elimination as part of this review. The 

proposed revisions would also eliminate 

the materiality thresholds for the 

reporting of certain items. Only national 

banks that are subsidiaries of large, 

complex firms, as defined by the Board, 

are required to complete the 

supplemental schedule, and the OCC 

believes that it is appropriate and 

manageable for these larger national 

banks to report these items. 

Federal Savings Associations 

Beginning in 2017, the Board and the 

OCC allowed institutions that were 

subsidiaries of large, non-complex 

holding companies, as defined by the 

Board, to comply with simplified 

reporting requirements and not 

complete certain sub-schedules of the 

FR Y–14A and DFAST–14A reporting 

forms. The proposed revisions would 

allow federal savings associations that 

qualify as over $50 billion covered 

institutions to comply with these 

simplified reporting requirements. 

Savings and loan holding companies 

are not currently required to submit the 

Board’s FR Y–14A reporting forms. 

Similarly, the Board’s capital plan rule 

includes a definition for ‘‘large and 

noncomplex bank holding compan[ies]’’ 

but does not include a parallel 

definition for savings and loan holding 

companies. Accordingly, savings and 

loan holding companies and federal 

savings associations that have the same 

characteristics as other large and 

noncomplex firms would not 

technically qualify for the simplified 

reporting requirements. The proposed 

revisions would modify the DFAST– 

14A reporting forms and instructions to 

provide that all federal savings 

associations may comply with these 

simplified reporting requirements. This 

change would promote parity between 

national banks and federal savings 

associations that have similar size 

profiles and economic characteristics. 

Type of Review: Revision. 

Affected Public: Businesses or other 

for-profit. 

Estimated Number of Respondents: 

23. 

Estimated Total Annual Burden: 

16,466 hours. 

The OCC believes that the systems 

covered institutions use to prepare the 

FR Y–14 reporting templates to submit 

to the Board will also be used to prepare 

the reporting templates described in this 

notice. Comments submitted in 

response to this notice will be 

summarized and included in the request 

for OMB approval. All comments will 

become a matter of public record. 

Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’s 

estimate of the burden of the collection 

of information; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

the 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: November 2, 2017. 

Karen Solomon, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2017–24309 Filed 11–7–17; 8:45 am] 

BILLING CODE P 


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