80 FR 19985 - Agency Information Collection Activities: Proposed Collection Renewal; Comment Request (3064-0186)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 80, Issue 71 (April 14, 2015)

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 the renewal of an existing information collection, as required by the Paperwork Reduction Act of 1995. Currently, the FDIC is soliciting comment on renewal of the information collection described below.

[Federal Register Volume 80, Number 71 (Tuesday, April 14, 2015)]
[Notices]
[Page 19985]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-08446]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewal; Comment Request (3064-0186)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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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 the renewal of an 
existing information collection, as required by the Paperwork Reduction 
Act of 1995. Currently, the FDIC is soliciting comment on renewal of 
the information collection described below.

DATES: Comments must be submitted on or before June 15, 2015.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/.
     Email: [email protected] Include the name of the 
collection in the subject line of the message.
     Mail: Gary A. Kuiper, Counsel, (202.898.3877), MB-3074 or 
John Popeo, Counsel, (202.898.6923), MB-3007, 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: Gary A. Kuiper or John W. Popeo, at 
the FDIC address above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently-
approved collections of information:
    Title: Supervisory Guidance on Stress Testing for Banking 
Organizations with More than $10 Billion in Total Consolidated Assets.
    OMB Number: 3064-0186.
    Estimated Responses: 75.
    Affected Public: Business or Other Financial Institutions.
    Estimated Annual Burden: 6,500 hours.
    General Description of Collection: Building upon previously issued 
supervisory guidance that discusses the uses and merits of stress 
testing in specific areas of risk management, the guidance provides an 
overview of how a banking organization should structure its stress 
testing activities and ensure they fit into overall risk management. 
The purpose of this guidance is to outline broad principles for a 
satisfactory stress testing framework and describe the manner in which 
stress testing should be employed as an integral component of risk 
management that is applicable at various levels of aggregation within a 
banking organization, as well as for contributing to capital and 
liquidity planning. While the guidance is not intended to provide 
detailed instructions for conducting stress testing for any particular 
risk or business area, the proposed guidance aims to describe several 
types of stress testing activities and how they may be most 
appropriately used by banking organizations.

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.

    Dated at Washington, DC, this 8th day of April 2015.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-08446 Filed 4-13-15; 8:45 am]
 BILLING CODE 6714-01-P