81 FR 55260 - Agency Information Collection Activities: Submission for OMB Review; Joint Comment Request

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 160 (August 18, 2016)

Page Range		55260-55263
FR Document		2016-19721

In accordance with the requirements of the PRA (44 U.S.C. chapter 35), the OCC, the Board, and the FDIC (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. On April 18, 2016, the agencies, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), published a notice in the Federal Register (81 FR 22702) to request public comment on a proposal to extend, with revision, the Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework (FFIEC 101), which is a currently approved information collection. On April 27, 2016, the agencies published a correction of the April 18 notice in the Federal Register (81 FR 24940). The agencies proposed to collect supplementary leverage ratio (SLR) data in new SLR Tables 1 and 2 of FFIEC 101 Schedule A from all banking organizations subject to the advanced approaches risk-based capital rule (generally, banking organizations with $250 billion or more in total consolidated assets or $10 billion or more in on-balance sheet foreign exposures) (advanced approaches banking organizations), unless the advanced approaches banking organization is (i) a consolidated subsidiary of a bank holding company (BHC), savings and loan holding company (SLHC), or depository institution that is subject to the disclosure requirements in Table 13 of section 173 of the advanced approaches risk-based capital rule (advanced approaches rule), or (ii) a subsidiary of a non-U.S. banking organization that is subject to comparable public disclosure requirements in its home jurisdiction. Advanced approaches banking organizations would begin reporting the proposed SLR data items in FFIEC 101 Schedule A, SLR Tables 1 and 2, effective with the September 30, 2016, reporting date. Separately, the proposed collection of SLR data in SLR Tables 1 and 2 of FFIEC 101 Schedule A would apply to any U.S. intermediate holding companies (IHCs) formed or designated for purposes of compliance with the Board's Regulation YY (12 CFR 252.153) that are advanced approaches banking organizations, effective with the March 31, 2018, reporting date (advanced approaches IHC). Any subsidiary BHC controlled by a foreign banking organization (FBO) that was subject to the SLR requirements prior to the formation of an IHC would complete FFIEC 101 Schedule A, SLR Tables 1 and 2, through the December 31, 2017, reporting date. In addition, the agencies proposed that an advanced approaches banking organization should provide its Legal Entity Identifier (LEI) on the cover page of the report beginning September 30, 2016, only if the organization already has an LEI. The comment period for this proposal expired on June 27, 2016. The agencies did not receive any comments addressing the proposed changes and are now submitting requests to OMB for review and approval of the extension, with revision, of the FFIEC 101. As had been proposed, these reporting changes would take effect as of the September 30, 2016, or the March 31, 2018, report date, as applicable.

Federal Register, Volume 81 Issue 160 (Thursday, August 18, 2016)

[Federal Register Volume 81, Number 160 (Thursday, August 18, 2016)]
[Notices]
[Pages 55260-55263]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-19721]



[[Page 55260]]

=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Joint Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); and Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collections to be submitted to Office of 
Management and Budget (OMB) for review and approval under the Paperwork 
Reduction Act of 1995 (PRA).

-----------------------------------------------------------------------

SUMMARY: In accordance with the requirements of the PRA (44 U.S.C. 
chapter 35), the OCC, the Board, and the FDIC (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.
    On April 18, 2016, the agencies, under the auspices of the Federal 
Financial Institutions Examination Council (FFIEC), published a notice 
in the Federal Register (81 FR 22702) to request public comment on a 
proposal to extend, with revision, the Regulatory Capital Reporting for 
Institutions Subject to the Advanced Capital Adequacy Framework (FFIEC 
101), which is a currently approved information collection. On April 
27, 2016, the agencies published a correction of the April 18 notice in 
the Federal Register (81 FR 24940). The agencies proposed to collect 
supplementary leverage ratio (SLR) data in new SLR Tables 1 and 2 of 
FFIEC 101 Schedule A from all banking organizations subject to the 
advanced approaches risk-based capital rule (generally, banking 
organizations with $250 billion or more in total consolidated assets or 
$10 billion or more in on-balance sheet foreign exposures) (advanced 
approaches banking organizations), unless the advanced approaches 
banking organization is (i) a consolidated subsidiary of a bank holding 
company (BHC), savings and loan holding company (SLHC), or depository 
institution that is subject to the disclosure requirements in Table 13 
of section 173 of the advanced approaches risk-based capital rule 
(advanced approaches rule), or (ii) a subsidiary of a non-U.S. banking 
organization that is subject to comparable public disclosure 
requirements in its home jurisdiction. Advanced approaches banking 
organizations would begin reporting the proposed SLR data items in 
FFIEC 101 Schedule A, SLR Tables 1 and 2, effective with the September 
30, 2016, reporting date.
    Separately, the proposed collection of SLR data in SLR Tables 1 and 
2 of FFIEC 101 Schedule A would apply to any U.S. intermediate holding 
companies (IHCs) formed or designated for purposes of compliance with 
the Board's Regulation YY (12 CFR 252.153) that are advanced approaches 
banking organizations, effective with the March 31, 2018, reporting 
date (advanced approaches IHC). Any subsidiary BHC controlled by a 
foreign banking organization (FBO) that was subject to the SLR 
requirements prior to the formation of an IHC would complete FFIEC 101 
Schedule A, SLR Tables 1 and 2, through the December 31, 2017, 
reporting date.
    In addition, the agencies proposed that an advanced approaches 
banking organization should provide its Legal Entity Identifier (LEI) 
on the cover page of the report beginning September 30, 2016, only if 
the organization already has an LEI.
    The comment period for this proposal expired on June 27, 2016. The 
agencies did not receive any comments addressing the proposed changes 
and are now submitting requests to OMB for review and approval of the 
extension, with revision, of the FFIEC 101. As had been proposed, these 
reporting changes would take effect as of the September 30, 2016, or 
the March 31, 2018, report date, as applicable.

DATES: Comments must be submitted on or before September 19, 2016.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments, which should refer to the OMB 
control numbers, will be shared among the agencies.
    OCC: 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, to [email protected]. Alternatively, comments 
may be sent to: Legislative and Regulatory Activities Division, Office 
of the Comptroller of the Currency, Attention ``1557-0239, FFIEC 101,'' 
400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 
20219. In addition, comments may be sent by fax to (571) 465-4326.
    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.
    Board: You may submit comments, which should refer to ``FFIEC 
101,'' by any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at: http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include reporting 
form number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Robert DeV. Frierson, 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 
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, 
unless modified 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 in Room MP-500 
of the Board's Martin Building (20th and C Streets NW.) between 9:00 
a.m. and 5:00 p.m. on weekdays.
    FDIC: You may submit comments, which should refer to ``FFIEC 101,'' 
by any of the following methods:
     Agency Web site: https://www.fdic.gov/regulations/laws/federal/. Follow the instructions for submitting comments on the FDIC 
Web site.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.

[[Page 55261]]

     Email: [email protected]. Include ``FFIEC 101'' in the 
subject line of the message.
     Mail: Manuel E. Cabeza, Counsel, Attn: Comments, Room MB-
3105, 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 550 17th Street Building (located on F 
Street) on business days between 7:00 a.m. and 5:00 p.m.
    Public Inspection: All comments received will be posted without 
change to https://www.fdic.gov/regulations/laws/federal/ including any 
personal information provided. Paper copies of public comments may be 
requested from the FDIC Public Information Center by telephone at (877) 
275-3342 or (703) 562-2200.
    Additionally, commenters may send a copy of their comments to the 
OMB desk officer for the agencies by mail to the Office of Information 
and Regulatory Affairs, U.S. Office of Management and Budget, New 
Executive Office Building, Room 10235, 725 17th Street NW., Washington, 
DC 20503; by fax to (202) 395-6974; or by email to 
[email protected].

FOR FURTHER INFORMATION CONTACT: For further information about the 
proposed revisions to the FFIEC 101 discussed in this notice, please 
contact any of the agency staff whose names appear below. In addition, 
copies of the FFIEC 101 form and instructions can be obtained at the 
FFIEC's Web site (http://www.ffiec.gov/ffiec_report_forms.htm).
    OCC: 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.
    Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, 
(202) 452-3829, Office of the Chief Data Officer, Board of Governors of 
the Federal Reserve System, Washington, DC 20551. Telecommunications 
Device for the Deaf (TDD) users may contact (202) 263-4869.
    FDIC: Manuel E. Cabeza, Counsel, (202) 898-3767, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, 
DC 20429.

SUPPLEMENTARY INFORMATION: The agencies are proposing to extend for 
three years, with revision, the FFIEC 101, which is currently an 
approved collection of information for each agency.

    Report Title: Regulatory Capital Reporting for Institutions Subject 
to the Advanced Capital Adequacy Framework.
    Form Number: FFIEC 101.
    Frequency of Response: Quarterly.
    Affected Public: Business or other for-profit.

OCC

    OMB Control No.: 1557-0239.
    Estimated Number of Respondents: 20 national banks and federal 
savings associations.
    Estimated Burden per Response: 674 burden hours per quarter to 
file.
    Estimated Total Annual Burden: 53,920 burden hours to file.

Board

    OMB Control No.: 7100-0319.
    Estimated Number of Respondents: 6 state member banks; 16 bank 
holding companies and savings and loan holding companies; and 6 
intermediate holding companies.
    Estimated Burden per Response: 674 burden hours per quarter for 
state member banks to file, 677 burden hours per quarter for bank 
holding companies and savings and loan holding companies to file; 3 
burden hours per quarter for intermediate holding companies to file; 
and 300 burden hours for intermediate holding companies' one-time 
implementation.
    Estimated Total Annual Burden: 16,176 burden hours for state member 
banks to file; 43,328 burden hours for bank holding companies and 
savings and loan holding companies to file; 72 burden hours for 
intermediate holding companies to file; 1,800 burden hours for 
intermediate holding companies' one-time implementation.

FDIC

    OMB Control No.: 3064-0159.
    Estimated Number of Respondents: 2 insured state nonmember banks 
and state savings associations.
    Estimated Burden per Response: 674 burden hours per quarter to 
file.
    Estimated Total Annual Burden: 5,392 burden hours to file.
    Type of Review: Revision and extension of currently approved 
collections.

General Description of Reports

    Each advanced approaches banking organization is required to file 
quarterly regulatory capital data on the FFIEC's Regulatory Capital 
Reporting for Institutions Subject to the Advanced Capital Adequacy 
Framework (FFIEC 101). The FFIEC 101 information collection is 
mandatory for institutions subject to the advanced approaches risk-
based capital rule: 12 U.S.C. 161 (national banks), 12 U.S.C. 324 
(state member banks), 12 U.S.C. 1844(c) (bank holding companies), 12 
U.S.C. 1467a(b) (savings and loan holding companies), 12 U.S.C. 1817 
(insured state nonmember commercial and savings banks), 12 U.S.C. 1464 
(savings associations), and 12 U.S.C. 1844(c), 3106, and 3108 
(intermediate holding companies).

Abstract

    The agencies use the FFIEC 101 data submitted by advanced 
approaches banking organizations to assess and monitor the levels and 
components of each reporting entity's capital requirements and the 
adequacy of the entity's capital under the Advanced Capital Adequacy 
Framework; to evaluate the impact and competitive implications of the 
Advanced Capital Adequacy Framework on individual reporting entities 
and on an industry-wide basis; and to supplement on-site examination 
processes. The reporting schedules also assist advanced approaches 
banking organizations in understanding expectations around the system 
development necessary for implementation and validation of the Advanced 
Capital Adequacy Framework. Submitted data that are released publicly 
will also provide other interested parties with information about 
advanced approaches banking organizations' regulatory capital.

Current Actions

    On April 18, 2016, the agencies requested comment on proposed 
revisions to the FFIEC 101 reporting requirements (April 2016 
proposal).\1\ On April 27, 2016, the agencies published a correction of 
the April 18 notice.\2\ These proposed revisions included two new 
tables that would be added to FFIEC 101 Schedule A to collect 
information related to the agencies' SLR disclosures required in Table 
13 of section 173 of the advanced approaches rule. SLR Tables 1 and 2 
would replace existing items 91 through 98 of FFIEC 101 Schedule A, and 
generally would be aligned with the international leverage ratio common 
disclosure template that was adopted by the Basel Committee on Banking 
Supervision in January 2014 (international leverage ratio common 
disclosure template).\3\ In addition, the agencies proposed that an 
advanced approaches banking organization should provide its LEI on the 
cover page of the

[[Page 55262]]

report only if the organization already has an LEI.
---------------------------------------------------------------------------

    \1\ 81 FR 22702 (April 18, 2016).
    \2\ 81 FR 24940 (April 27, 2016).
    \3\ See Basel Committee on Banking Supervision, Basel III 
leverage ratio framework and disclosure requirements; pages 11-12; 
available at http://www.bis.org/publ/bcbs270.pdf.
---------------------------------------------------------------------------

    The comment period for the proposal ended on June 27, 2016. The 
agencies did not receive any comments addressing the proposed changes 
and are now submitting requests to OMB for review and approval of the 
extension, with revision, of the FFIEC 101. The proposed reporting of 
SLR Tables 1 and 2 of Schedule A would take effect as of the September 
30, 2016, report date for top-tier advanced approaches BHCs, SLHCs, and 
insured depository institutions, or the March 31, 2018, report date for 
advanced approaches IHCs. Any subsidiary BHC controlled by an FBO that 
was subject to the SLR requirements prior to the formation of an IHC 
would complete report SLR Tables 1 and 2 of Schedule A, through the 
December 31, 2017, report date. Additionally, the proposed reporting of 
the LEI would take effect as of the September 30, 2016, report date.

I. Proposed SLR Changes

A. Introduction

    In the April 2016 proposal, the agencies proposed to add two new 
tables to FFIEC 101 Schedule A to collect information related to the 
SLR disclosures required in Table 13 of section 173 of the advanced 
approaches rule.\4\ Proposed SLR Tables 1 and 2, which would replace 
existing items 91 through 98 of FFIEC 101 Schedule A,\5\ would be 
aligned with the international leverage ratio common disclosure 
template, with some minor changes to the titles of the line items and 
clarifications in the instructions, consistent with the revisions to 
the SLR in the regulatory capital rule (SLR rule) \6\ and the 
accounting terminology of U.S. generally accepted accounting 
principles. The proposal generally would incorporate the complete 
international leverage ratio common disclosure template into Schedule A 
to ensure transparency and comparability of reporting of regulatory 
capital elements across internationally active banking organizations. 
The proposed revised Schedule A also would include an additional item 
applicable to certain advanced approaches BHCs only, which would 
collect data on an advanced approaches BHC's enhanced SLR buffer, if 
applicable.
---------------------------------------------------------------------------

    \4\ See 12 CFR 3.173 (OCC); 12 CFR 217.173 (Board); and 12 CFR 
324.173 (FDIC).
    \5\ Although items 91 through 98 are included on the FFIEC 101 
report form, these items are currently shaded out and not collected.
    \6\ See 12 CFR 3.10(c)(4) (OCC) for national banks and Federal 
savings associations; 12 CFR 217.10(c)(4) (Board) for BHCs, SLHCs, 
and state member banks; 12 CFR 324.10(c)(4) (FDIC, for state 
nonmember banks and state savings associations), all as amended by 
79 FR 57725 (Sept. 26, 2014).
---------------------------------------------------------------------------

B. Scope, Timing, and Frequency of Proposed Reporting Changes

    The proposed revisions to the FFIEC 101 would apply only to an 
advanced approaches banking organization as described in section 
173(a)(2) of the advanced approaches rule effective with the September 
30, 2016, report date.\7\ Generally, the SLR disclosures apply to an 
advanced approaches institution, unless it is (1) a consolidated 
subsidiary of a BHC, SLHC, or depository institution that is subject to 
these disclosure requirements; or (2) a subsidiary of a non-U.S. 
banking organization that is subject to comparable public disclosure 
requirements in its home jurisdiction. Completing the proposed FFIEC 
101 items for the SLR for a given period would satisfy an advanced 
approaches banking organization's requirement to disclose Table 13 for 
that period.
---------------------------------------------------------------------------

    \7\ A top-tier advanced approaches banking organization would be 
required to complete SLR Tables 1 and 2 of FFIEC 101 Schedule A, 
regardless of parallel run status. Any advanced approaches banking 
organization that is a consolidated subsidiary of a top-tier 
advanced approaches BHC, SLHC, or insured depository institution 
would not complete SLR Tables 1 and 2.
---------------------------------------------------------------------------

    Separately, each advanced approaches banking organization, 
regardless of its parallel run status, is required to disclose its SLR, 
and the numerator and denominator of its SLR, under section 172(d) of 
the advanced approaches rule.\8\ This is a separate disclosure 
requirement, which the agencies have proposed to implement for banks 
and savings associations that are advanced approaches banking 
organizations through a revision to Schedule RC-R, Part I, Regulatory 
Capital Components and Ratios, of the Consolidated Reports of Condition 
and Income (Call Report) (FFIEC 031 and 041) \9\ reporting forms using 
the standard PRA notice and comment process.\10\
---------------------------------------------------------------------------

    \8\ See 12 CFR 3.172(d) (OCC); 12 CFR 217.172(d) (Board); and 12 
CFR 324.172(d) (FDIC).
    \9\ OMB Numbers: OCC, 1557-0081; Board, 7100-0036; and FDIC, 
3064-0052.
    \10\ See 80 FR 56539 (September 18, 2015) and 81 FR 45357 (July 
13, 2016).
---------------------------------------------------------------------------

    An IHC formed or designated for purposes of compliance with the 
Board's Regulation YY (12 CFR 252.153) is required to meet all 
applicable capital adequacy standards set forth in the Board's 
Regulation Q, except for subpart E.\11\ An IHC that meets the 
definition of an advanced approaches banking organization under the 
Board's Regulation Q (12 CFR 217.100) would begin reporting the 
proposed SLR data items in the FFIEC 101 effective with the March 31, 
2018, report date, and would begin calculating these proposed items 
starting January 1, 2018. This reporting requirement is consistent with 
Regulation YY, which subjects advanced approaches IHCs to the SLR 
beginning on January 1, 2018.\12\ Such an IHC would not be required to 
complete the rest of the FFIEC 101 because Regulation YY requires an 
IHC to calculate its risk-based capital requirements using only the 
standardized approach, and not the advanced approaches rule, even if it 
meets the advanced approaches applicability threshold.\13\ Further, any 
subsidiary BHC that is controlled by an FBO that was subject to the SLR 
disclosures prior to the formation of an IHC would complete FFIEC 101 
Schedule A, SLR Tables 1 and 2, through the December 31, 2017, report 
date.
---------------------------------------------------------------------------

    \11\ See 12 CFR 252.153(e)(2)(i)(A).
    \12\ See Id.
    \13\ An IHC that chooses to comply with subpart E of 12 CFR part 
217 would be required to report the entirety of the FFIEC 101. See 
12 CFR 252.153(e)(2)(i)(B). In contrast, a BHC that is a subsidiary 
of a FBO that is subject to subpart E of 12 CFR part 217, but that 
has received prior written approval from the Board to not comply 
with subpart E of 12 CFR part 217, would not be required to report 
the entire FFIEC 101, but generally would be expected to complete 
Schedule A. See 12 CFR 252.153(e)(2)(i)(C).
---------------------------------------------------------------------------

    Depository institutions that are exempt from filing the FFIEC 101, 
but remain subject to the SLR, would not need to begin filing the FFIEC 
101. Instead, these institutions would report their SLR, and the 
numerator and denominator of their SLR, under the proposed Call Report 
revisions discussed above.
    The agencies proposed to collect the SLR information in SLR Tables 
1 and 2 of FFIEC 101 Schedule A quarterly. Each reporting entity would 
continue to submit the applicable quarterly reports on the same due 
dates as are currently in effect for the reporting entity for as long 
as it remains subject to the requirements of section 173(a)(2) of the 
advanced approaches rule.

C. Confidentiality

    To ensure transparency of regulatory capital data reported by 
internationally active banking organizations, the agencies proposed to 
make public the SLR information collected in proposed SLR Tables 1 and 
2 of FFIEC 101 Schedule A, regardless of an advanced approaches banking 
organization's parallel run status.

D. Initial Reporting

    For the September 30, 2016, and March 31, 2018, initial report 
dates, as

[[Page 55263]]

applicable, banking organizations may provide reasonable estimates for 
any new or revised items in SLR Tables 1 and 2 of FFIEC 101 Schedule A 
initially required to be reported as of that date for which the 
requested information is not readily available.

E. Summary of the Proposed FFIEC 101 SLR Data Changes

    The proposed SLR items in FFIEC 101 Schedule A are divided into two 
tables: (1) Summary comparison of accounting assets and total leverage 
exposure (SLR Table 1) and (2) Supplementary leverage ratio (SLR Table 
2). Proposed SLR Table 1, items 1.1 through 1.8, would collect summary 
information on an institution's accounting assets for purposes of 
reconciling balance sheet assets reported in published financial 
statements and total leverage exposure.
    Proposed SLR Table 2, items 2.1 through 2.23, would collect 
detailed information for the calculation of an institution's total 
leverage exposure and the SLR, consistent with the international 
leverage ratio common disclosure template. Items 2.1 through 2.3 would 
collect information about an institution's on-balance sheet exposures. 
Items 2.4 through 2.11 would collect information about an institution's 
derivative exposures. Items 2.12 through 2.16 would collect information 
about an institution's repo-style transactions. Items 2.17 through 2.19 
would collect information about an institution's off-balance sheet 
exposures. Items 2.20 through 2.22 would collect information about an 
institution's capital, total leverage exposure, and the SLR. Item 2.23, 
the enhanced SLR buffer, is an additional line item that is not 
included on the international leverage ratio common disclosure 
template. This item would apply only to an advanced approaches BHC that 
is subject to the enhanced SLR standard and would help determine 
whether the BHC is subject to limitations on capital distributions and 
discretionary bonus payments.\14\
---------------------------------------------------------------------------

    \14\ 79 FR 24528 (May 1, 2014); 80 FR 49082 (August 14, 2015).
---------------------------------------------------------------------------

    In the revised draft instructions for proposed SLR Tables 1 and 2 
of FFIEC 101 Schedule A, the agencies are clarifying the reporting 
treatment of variation margin disputes in relation to derivative 
transactions. In particular, if a dispute over the correct amount of 
variation margin arises between a banking organization and a 
counterparty, the banking organization may recognize the amount of 
variation margin that has been transferred as long as the parties are 
acting in accordance with agreed-upon practices to settle a disputed 
trade and all other conditions for qualifying cash variation margin are 
met.

II. Reporting the Legal Entity Identifier

    The LEI is a 20-digit alphanumeric code that uniquely identifies 
entities that engage in financial transactions. The LEI system is 
designed to facilitate several financial stability objectives, 
including the provision of higher quality and more accurate financial 
data.
    The agencies proposed to have an advanced approaches banking 
organization provide its LEI on the cover page of the FFIEC 101 
beginning September 30, 2016, only if the organization already has an 
LEI. The LEI must be a currently issued, maintained, and valid LEI, not 
an LEI that has lapsed. An advanced approaches banking organization 
that does not have an LEI would not be required to obtain one for 
purposes of reporting it on the FFIEC 101.

III. Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comments are invited on:

    (a) Whether the collections of information that are the subject of 
this notice are necessary for the proper performance of the agencies' 
functions, including whether the information has practical utility;
    (b) The accuracy of the agencies' estimates of the burden of the 
information collections as they are proposed to be revised, 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 information collections 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.

    Comments submitted in response to this joint notice will be shared 
among the agencies. All comments will become a matter of public record.

    Dated: August 11, 2016.
Stuart Feldstein,
Director, Legislative and Regulatory Activities, Office of the 
Comptroller of the Currency.
    Board of Governors of the Federal Reserve System, August 12, 
2016.
Robert deV. Frierson,
Secretary of the Board.
    Dated at Washington, DC, this 12th day of August, 2016.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-19721 Filed 8-17-16; 8:45 am]
BILLING CODE 4810-33-6210-01-6714-01-P

55260 Federal Register / Vol. 81, No. 160 / Thursday, August 18, 2016 / Notices

DEPARTMENT OF THE TREASURY risk-based capital rule (advanced addition, comments may be sent by fax
approaches rule), or (ii) a subsidiary of to (571) 465–4326.
Office of the Comptroller of the a non-U.S. banking organization that is You may personally inspect and
Currency subject to comparable public disclosure photocopy comments at the OCC, 400
requirements in its home jurisdiction. 7th Street SW., Washington, DC 20219.
FEDERAL RESERVE SYSTEM Advanced approaches banking For security reasons, the OCC requires
organizations would begin reporting the that visitors make an appointment to
FEDERAL DEPOSIT INSURANCE proposed SLR data items in FFIEC 101 inspect comments. You may do so by
CORPORATION Schedule A, SLR Tables 1 and 2, calling (202) 649–6700 or, for persons
effective with the September 30, 2016, who are deaf or hard of hearing, TTY,
Agency Information Collection reporting date. (202) 649–5597. Upon arrival, visitors
Activities: Submission for OMB Separately, the proposed collection of will be required to present valid
Review; Joint Comment Request SLR data in SLR Tables 1 and 2 of government-issued photo identification
AGENCY: Office of the Comptroller of the FFIEC 101 Schedule A would apply to and submit to security screening in
Currency (OCC), Treasury; Board of any U.S. intermediate holding order to inspect and photocopy
Governors of the Federal Reserve companies (IHCs) formed or designated comments.
System (Board); and Federal Deposit for purposes of compliance with the All comments received, including
Insurance Corporation (FDIC). Board’s Regulation YY (12 CFR 252.153) attachments and other supporting
that are advanced approaches banking materials, are part of the public record
ACTION: Notice of information
organizations, effective with the March and subject to public disclosure. Do not
collections to be submitted to Office of include any information in your
Management and Budget (OMB) for 31, 2018, reporting date (advanced
approaches IHC). Any subsidiary BHC comment or supporting materials that
review and approval under the you consider confidential or
Paperwork Reduction Act of 1995 controlled by a foreign banking
organization (FBO) that was subject to inappropriate for public disclosure.
(PRA). Board: You may submit comments,
the SLR requirements prior to the
SUMMARY: In accordance with the formation of an IHC would complete which should refer to ‘‘FFIEC 101,’’ by
requirements of the PRA (44 U.S.C. FFIEC 101 Schedule A, SLR Tables 1 any of the following methods:
and 2, through the December 31, 2017, • Agency Web site: http://
chapter 35), the OCC, the Board, and the
reporting date. www.federalreserve.gov. Follow the
FDIC (the agencies) may not conduct or
instructions for submitting comments at:
sponsor, and the respondent is not In addition, the agencies proposed http://www.federalreserve.gov/
required to respond to, an information that an advanced approaches banking generalinfo/foia/ProposedRegs.cfm.
collection unless it displays a currently organization should provide its Legal • Federal eRulemaking Portal: http://
valid OMB control number. Entity Identifier (LEI) on the cover page www.regulations.gov. Follow the
On April 18, 2016, the agencies, of the report beginning September 30, instructions for submitting comments.
under the auspices of the Federal 2016, only if the organization already • Email: regs.comments@
Financial Institutions Examination has an LEI. federalreserve.gov. Include reporting
Council (FFIEC), published a notice in The comment period for this proposal form number in the subject line of the
the Federal Register (81 FR 22702) to expired on June 27, 2016. The agencies message.
request public comment on a proposal did not receive any comments • FAX: (202) 452–3819 or (202) 452–
to extend, with revision, the Regulatory addressing the proposed changes and 3102.
Capital Reporting for Institutions are now submitting requests to OMB for • Mail: Robert DeV. Frierson,
Subject to the Advanced Capital review and approval of the extension, Secretary, Board of Governors of the
Adequacy Framework (FFIEC 101), with revision, of the FFIEC 101. As had Federal Reserve System, 20th Street and
which is a currently approved been proposed, these reporting changes Constitution Avenue NW., Washington,
information collection. On April 27, would take effect as of the September DC 20551.
2016, the agencies published a 30, 2016, or the March 31, 2018, report All public comments are available
correction of the April 18 notice in the date, as applicable. from the Board’s Web site at
Federal Register (81 FR 24940). The www.federalreserve.gov/generalinfo/
DATES: Comments must be submitted on
agencies proposed to collect foia/ProposedRegs.cfm as submitted,
or before September 19, 2016.
supplementary leverage ratio (SLR) data unless modified for technical reasons.
in new SLR Tables 1 and 2 of FFIEC 101 ADDRESSES: Interested parties are Accordingly, your comments will not be
Schedule A from all banking invited to submit written comments to edited to remove any identifying or
organizations subject to the advanced any or all of the agencies. All comments, contact information. Public comments
approaches risk-based capital rule which should refer to the OMB control may also be viewed electronically or in
(generally, banking organizations with numbers, will be shared among the paper in Room MP–500 of the Board’s
$250 billion or more in total agencies. Martin Building (20th and C Streets
consolidated assets or $10 billion or OCC: Because paper mail in the NW.) between 9:00 a.m. and 5:00 p.m.
more in on-balance sheet foreign Washington, DC area and at the OCC is on weekdays.
exposures) (advanced approaches subject to delay, commenters are FDIC: You may submit comments,
banking organizations), unless the encouraged to submit comments by which should refer to ‘‘FFIEC 101,’’ by
advanced approaches banking email, if possible, to prainfo@ any of the following methods:
rmajette on DSK2TPTVN1PROD with NOTICES

organization is (i) a consolidated occ.treas.gov. Alternatively, comments • Agency Web site: https://
subsidiary of a bank holding company may be sent to: Legislative and www.fdic.gov/regulations/laws/federal/.
(BHC), savings and loan holding Regulatory Activities Division, Office of Follow the instructions for submitting
company (SLHC), or depository the Comptroller of the Currency, comments on the FDIC Web site.
institution that is subject to the Attention ‘‘1557–0239, FFIEC 101,’’ 400 • Federal eRulemaking Portal: http://
disclosure requirements in Table 13 of 7th Street SW., Suite 3E–218, Mail Stop www.regulations.gov. Follow the
section 173 of the advanced approaches 9W–11, Washington, DC 20219. In instructions for submitting comments.

VerDate Sep<11>2014 15:05 Aug 17, 2016 Jkt 238001 PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 E:\FR\FM\18AUN1.SGM 18AUN1

Federal Register / Vol. 81, No. 160 / Thursday, August 18, 2016 / Notices 55261

• Email: comments@FDIC.gov. Advanced Capital Adequacy member banks), 12 U.S.C. 1844(c) (bank
Include ‘‘FFIEC 101’’ in the subject line Framework. holding companies), 12 U.S.C. 1467a(b)
of the message. Form Number: FFIEC 101. (savings and loan holding companies),
• Mail: Manuel E. Cabeza, Counsel, Frequency of Response: Quarterly. 12 U.S.C. 1817 (insured state
Attn: Comments, Room MB–3105, Affected Public: Business or other for- nonmember commercial and savings
Federal Deposit Insurance Corporation, profit. banks), 12 U.S.C. 1464 (savings
550 17th Street NW., Washington, DC associations), and 12 U.S.C. 1844(c),
OCC
20429. 3106, and 3108 (intermediate holding
• Hand Delivery: Comments may be OMB Control No.: 1557–0239. companies).
hand delivered to the guard station at Estimated Number of Respondents: 20
the rear of the 550 17th Street Building national banks and federal savings Abstract
(located on F Street) on business days associations. The agencies use the FFIEC 101 data
between 7:00 a.m. and 5:00 p.m. Estimated Burden per Response: 674 submitted by advanced approaches
Public Inspection: All comments burden hours per quarter to file. banking organizations to assess and
received will be posted without change Estimated Total Annual Burden: monitor the levels and components of
to https://www.fdic.gov/regulations/ 53,920 burden hours to file. each reporting entity’s capital
laws/federal/ including any personal Board requirements and the adequacy of the
information provided. Paper copies of entity’s capital under the Advanced
public comments may be requested from OMB Control No.: 7100–0319. Capital Adequacy Framework; to
the FDIC Public Information Center by Estimated Number of Respondents: 6 evaluate the impact and competitive
telephone at (877) 275–3342 or (703) state member banks; 16 bank holding implications of the Advanced Capital
562–2200. companies and savings and loan Adequacy Framework on individual
Additionally, commenters may send a holding companies; and 6 intermediate reporting entities and on an industry-
copy of their comments to the OMB holding companies. wide basis; and to supplement on-site
desk officer for the agencies by mail to Estimated Burden per Response: 674 examination processes. The reporting
the Office of Information and Regulatory burden hours per quarter for state schedules also assist advanced
Affairs, U.S. Office of Management and member banks to file, 677 burden hours approaches banking organizations in
Budget, New Executive Office Building, per quarter for bank holding companies understanding expectations around the
Room 10235, 725 17th Street NW., and savings and loan holding system development necessary for
Washington, DC 20503; by fax to (202) companies to file; 3 burden hours per implementation and validation of the
395–6974; or by email to oira_ quarter for intermediate holding Advanced Capital Adequacy
submission@omb.eop.gov. companies to file; and 300 burden hours Framework. Submitted data that are
FOR FURTHER INFORMATION CONTACT: For for intermediate holding companies’ released publicly will also provide other
further information about the proposed one-time implementation. interested parties with information
revisions to the FFIEC 101 discussed in Estimated Total Annual Burden: about advanced approaches banking
this notice, please contact any of the 16,176 burden hours for state member organizations’ regulatory capital.
agency staff whose names appear below. banks to file; 43,328 burden hours for
bank holding companies and savings Current Actions
In addition, copies of the FFIEC 101
form and instructions can be obtained at and loan holding companies to file; 72 On April 18, 2016, the agencies
the FFIEC’s Web site (http:// burden hours for intermediate holding requested comment on proposed
www.ffiec.gov/ffiec_report_forms.htm). companies to file; 1,800 burden hours revisions to the FFIEC 101 reporting
OCC: Shaquita Merritt, OCC Clearance for intermediate holding companies’ requirements (April 2016 proposal).1 On
Officer, (202) 649–5490, or for persons one-time implementation. April 27, 2016, the agencies published
who are deaf or hard of hearing, TTY, FDIC a correction of the April 18 notice.2
(202) 649–5597, Legislative and These proposed revisions included two
Regulatory Activities Division, Office of OMB Control No.: 3064–0159.
new tables that would be added to
Estimated Number of Respondents: 2
the Comptroller of the Currency, 400 7th FFIEC 101 Schedule A to collect
insured state nonmember banks and
Street SW., Washington, DC 20219. information related to the agencies’ SLR
Board: Nuha Elmaghrabi, Federal state savings associations.
disclosures required in Table 13 of
Reserve Board Clearance Officer, (202) Estimated Burden per Response: 674
section 173 of the advanced approaches
452–3829, Office of the Chief Data burden hours per quarter to file.
Estimated Total Annual Burden: rule. SLR Tables 1 and 2 would replace
Officer, Board of Governors of the existing items 91 through 98 of FFIEC
Federal Reserve System, Washington, 5,392 burden hours to file.
Type of Review: Revision and 101 Schedule A, and generally would be
DC 20551. Telecommunications Device aligned with the international leverage
extension of currently approved
for the Deaf (TDD) users may contact ratio common disclosure template that
collections.
(202) 263–4869. was adopted by the Basel Committee on
FDIC: Manuel E. Cabeza, Counsel, General Description of Reports Banking Supervision in January 2014
(202) 898–3767, Legal Division, Federal (international leverage ratio common
Each advanced approaches banking
Deposit Insurance Corporation, 550 17th disclosure template).3 In addition, the
organization is required to file quarterly
Street NW., Washington, DC 20429. agencies proposed that an advanced
regulatory capital data on the FFIEC’s
SUPPLEMENTARY INFORMATION: The Regulatory Capital Reporting for approaches banking organization should
rmajette on DSK2TPTVN1PROD with NOTICES

agencies are proposing to extend for Institutions Subject to the Advanced provide its LEI on the cover page of the
three years, with revision, the FFIEC Capital Adequacy Framework (FFIEC
101, which is currently an approved 101). The FFIEC 101 information 1 81 FR 22702 (April 18, 2016).
collection of information for each collection is mandatory for institutions
2 81 FR 24940 (April 27, 2016).
agency. subject to the advanced approaches risk-
3 See Basel Committee on Banking Supervision,

Basel III leverage ratio framework and disclosure
Report Title: Regulatory Capital based capital rule: 12 U.S.C. 161 requirements; pages 11–12; available at http://
Reporting for Institutions Subject to the (national banks), 12 U.S.C. 324 (state www.bis.org/publ/bcbs270.pdf.

VerDate Sep<11>2014 15:05 Aug 17, 2016 Jkt 238001 PO 00000 Frm 00092 Fmt 4703 Sfmt 4703 E:\FR\FM\18AUN1.SGM 18AUN1

55262 Federal Register / Vol. 81, No. 160 / Thursday, August 18, 2016 / Notices

report only if the organization already approaches BHC’s enhanced SLR buffer, items in the FFIEC 101 effective with
has an LEI. if applicable. the March 31, 2018, report date, and
The comment period for the proposal would begin calculating these proposed
ended on June 27, 2016. The agencies B. Scope, Timing, and Frequency of
items starting January 1, 2018. This
did not receive any comments Proposed Reporting Changes
reporting requirement is consistent with
addressing the proposed changes and The proposed revisions to the FFIEC Regulation YY, which subjects
are now submitting requests to OMB for 101 would apply only to an advanced advanced approaches IHCs to the SLR
review and approval of the extension, approaches banking organization as beginning on January 1, 2018.12 Such an
with revision, of the FFIEC 101. The described in section 173(a)(2) of the IHC would not be required to complete
proposed reporting of SLR Tables 1 and advanced approaches rule effective with the rest of the FFIEC 101 because
2 of Schedule A would take effect as of the September 30, 2016, report date.7 Regulation YY requires an IHC to
the September 30, 2016, report date for Generally, the SLR disclosures apply to calculate its risk-based capital
top-tier advanced approaches BHCs, an advanced approaches institution, requirements using only the
SLHCs, and insured depository unless it is (1) a consolidated subsidiary standardized approach, and not the
institutions, or the March 31, 2018, of a BHC, SLHC, or depository advanced approaches rule, even if it
report date for advanced approaches institution that is subject to these meets the advanced approaches
IHCs. Any subsidiary BHC controlled by disclosure requirements; or (2) a applicability threshold.13 Further, any
an FBO that was subject to the SLR subsidiary of a non-U.S. banking subsidiary BHC that is controlled by an
requirements prior to the formation of organization that is subject to FBO that was subject to the SLR
an IHC would complete report SLR comparable public disclosure disclosures prior to the formation of an
Tables 1 and 2 of Schedule A, through requirements in its home jurisdiction. IHC would complete FFIEC 101
the December 31, 2017, report date. Completing the proposed FFIEC 101 Schedule A, SLR Tables 1 and 2,
Additionally, the proposed reporting of items for the SLR for a given period through the December 31, 2017, report
the LEI would take effect as of the would satisfy an advanced approaches date.
September 30, 2016, report date. banking organization’s requirement to Depository institutions that are
I. Proposed SLR Changes disclose Table 13 for that period. exempt from filing the FFIEC 101, but
Separately, each advanced approaches remain subject to the SLR, would not
A. Introduction banking organization, regardless of its need to begin filing the FFIEC 101.
In the April 2016 proposal, the parallel run status, is required to Instead, these institutions would report
agencies proposed to add two new disclose its SLR, and the numerator and their SLR, and the numerator and
tables to FFIEC 101 Schedule A to denominator of its SLR, under section denominator of their SLR, under the
collect information related to the SLR 172(d) of the advanced approaches proposed Call Report revisions
disclosures required in Table 13 of rule.8 This is a separate disclosure discussed above.
section 173 of the advanced approaches requirement, which the agencies have The agencies proposed to collect the
rule.4 Proposed SLR Tables 1 and 2, proposed to implement for banks and SLR information in SLR Tables 1 and 2
which would replace existing items 91 savings associations that are advanced of FFIEC 101 Schedule A quarterly.
through 98 of FFIEC 101 Schedule A,5 approaches banking organizations Each reporting entity would continue to
would be aligned with the international through a revision to Schedule RC–R, submit the applicable quarterly reports
leverage ratio common disclosure Part I, Regulatory Capital Components on the same due dates as are currently
template, with some minor changes to and Ratios, of the Consolidated Reports in effect for the reporting entity for as
the titles of the line items and of Condition and Income (Call Report) long as it remains subject to the
clarifications in the instructions, (FFIEC 031 and 041) 9 reporting forms requirements of section 173(a)(2) of the
consistent with the revisions to the SLR using the standard PRA notice and advanced approaches rule.
in the regulatory capital rule (SLR rule) 6 comment process.10
An IHC formed or designated for C. Confidentiality
and the accounting terminology of U.S.
purposes of compliance with the To ensure transparency of regulatory
generally accepted accounting
Board’s Regulation YY (12 CFR 252.153) capital data reported by internationally
principles. The proposal generally
is required to meet all applicable capital active banking organizations, the
would incorporate the complete
adequacy standards set forth in the agencies proposed to make public the
international leverage ratio common
Board’s Regulation Q, except for subpart SLR information collected in proposed
disclosure template into Schedule A to
E.11 An IHC that meets the definition of SLR Tables 1 and 2 of FFIEC 101
ensure transparency and comparability
an advanced approaches banking Schedule A, regardless of an advanced
of reporting of regulatory capital
organization under the Board’s approaches banking organization’s
elements across internationally active
Regulation Q (12 CFR 217.100) would parallel run status.
banking organizations. The proposed
revised Schedule A also would include begin reporting the proposed SLR data D. Initial Reporting
an additional item applicable to certain 7 A top-tier advanced approaches banking For the September 30, 2016, and
advanced approaches BHCs only, which organization would be required to complete SLR March 31, 2018, initial report dates, as
would collect data on an advanced Tables 1 and 2 of FFIEC 101 Schedule A, regardless
of parallel run status. Any advanced approaches 12 See Id.
4 See 12 CFR 3.173 (OCC); 12 CFR 217.173 banking organization that is a consolidated 13 An IHC that chooses to comply with subpart E
(Board); and 12 CFR 324.173 (FDIC). subsidiary of a top-tier advanced approaches BHC,
of 12 CFR part 217 would be required to report the
SLHC, or insured depository institution would not
rmajette on DSK2TPTVN1PROD with NOTICES

5 Although items 91 through 98 are included on
entirety of the FFIEC 101. See 12 CFR
the FFIEC 101 report form, these items are currently complete SLR Tables 1 and 2.
8 See 12 CFR 3.172(d) (OCC); 12 CFR 217.172(d)
252.153(e)(2)(i)(B). In contrast, a BHC that is a
shaded out and not collected. subsidiary of a FBO that is subject to subpart E of
6 See 12 CFR 3.10(c)(4) (OCC) for national banks (Board); and 12 CFR 324.172(d) (FDIC). 12 CFR part 217, but that has received prior written
9 OMB Numbers: OCC, 1557–0081; Board, 7100–
and Federal savings associations; 12 CFR approval from the Board to not comply with subpart
217.10(c)(4) (Board) for BHCs, SLHCs, and state 0036; and FDIC, 3064–0052. E of 12 CFR part 217, would not be required to
10 See 80 FR 56539 (September 18, 2015) and 81
member banks; 12 CFR 324.10(c)(4) (FDIC, for state report the entire FFIEC 101, but generally would be
nonmember banks and state savings associations), FR 45357 (July 13, 2016). expected to complete Schedule A. See 12 CFR
all as amended by 79 FR 57725 (Sept. 26, 2014). 11 See 12 CFR 252.153(e)(2)(i)(A). 252.153(e)(2)(i)(C).

VerDate Sep<11>2014 15:05 Aug 17, 2016 Jkt 238001 PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 E:\FR\FM\18AUN1.SGM 18AUN1

Federal Register / Vol. 81, No. 160 / Thursday, August 18, 2016 / Notices 55263

applicable, banking organizations may limitations on capital distributions and (a) Whether the collections of
provide reasonable estimates for any discretionary bonus payments.14 information that are the subject of this
new or revised items in SLR Tables 1 In the revised draft instructions for notice are necessary for the proper
and 2 of FFIEC 101 Schedule A initially proposed SLR Tables 1 and 2 of FFIEC performance of the agencies’ functions,
required to be reported as of that date 101 Schedule A, the agencies are including whether the information has
for which the requested information is clarifying the reporting treatment of practical utility;
not readily available. variation margin disputes in relation to
derivative transactions. In particular, if (b) The accuracy of the agencies’
E. Summary of the Proposed FFIEC 101 estimates of the burden of the
a dispute over the correct amount of
SLR Data Changes information collections as they are
variation margin arises between a
The proposed SLR items in FFIEC 101 banking organization and a proposed to be revised, including the
Schedule A are divided into two tables: counterparty, the banking organization validity of the methodology and
(1) Summary comparison of accounting may recognize the amount of variation assumptions used;
assets and total leverage exposure (SLR margin that has been transferred as long (c) Ways to enhance the quality,
Table 1) and (2) Supplementary leverage as the parties are acting in accordance utility, and clarity of the information to
ratio (SLR Table 2). Proposed SLR Table with agreed-upon practices to settle a be collected;
1, items 1.1 through 1.8, would collect disputed trade and all other conditions
summary information on an institution’s (d) Ways to minimize the burden of
for qualifying cash variation margin are
accounting assets for purposes of information collections on respondents,
met.
reconciling balance sheet assets including through the use of automated
reported in published financial II. Reporting the Legal Entity Identifier collection techniques or other forms of
statements and total leverage exposure. The LEI is a 20-digit alphanumeric information technology; and
Proposed SLR Table 2, items 2.1 code that uniquely identifies entities (e) Estimates of capital or start-up
through 2.23, would collect detailed that engage in financial transactions. costs and costs of operation,
information for the calculation of an The LEI system is designed to facilitate maintenance, and purchase of services
institution’s total leverage exposure and several financial stability objectives, to provide information.
the SLR, consistent with the including the provision of higher
international leverage ratio common quality and more accurate financial Comments submitted in response to
disclosure template. Items 2.1 through data. this joint notice will be shared among
2.3 would collect information about an The agencies proposed to have an the agencies. All comments will become
institution’s on-balance sheet exposures. advanced approaches banking a matter of public record.
Items 2.4 through 2.11 would collect organization provide its LEI on the
information about an institution’s Dated: August 11, 2016.
cover page of the FFIEC 101 beginning
derivative exposures. Items 2.12 through Stuart Feldstein,
September 30, 2016, only if the
2.16 would collect information about an organization already has an LEI. The LEI Director, Legislative and Regulatory
institution’s repo-style transactions. must be a currently issued, maintained, Activities, Office of the Comptroller of the
Items 2.17 through 2.19 would collect and valid LEI, not an LEI that has Currency.
information about an institution’s off- lapsed. An advanced approaches Board of Governors of the Federal Reserve
balance sheet exposures. Items 2.20 banking organization that does not have System, August 12, 2016.
through 2.22 would collect information an LEI would not be required to obtain Robert deV. Frierson,
about an institution’s capital, total one for purposes of reporting it on the Secretary of the Board.
leverage exposure, and the SLR. Item FFIEC 101.
2.23, the enhanced SLR buffer, is an Dated at Washington, DC, this 12th day of
additional line item that is not included III. Request for Comment August, 2016.
on the international leverage ratio Public comment is requested on all Federal Deposit Insurance Corporation.
common disclosure template. This item aspects of this joint notice. Comments Robert E. Feldman,
would apply only to an advanced are invited on: Executive Secretary.
approaches BHC that is subject to the [FR Doc. 2016–19721 Filed 8–17–16; 8:45 am]
enhanced SLR standard and would help 14 79
FR 24528 (May 1, 2014); 80 FR 49082 BILLING CODE 4810–33–6210–01–6714–01–P
determine whether the BHC is subject to (August 14, 2015).
rmajette on DSK2TPTVN1PROD with NOTICES

VerDate Sep<11>2014 15:05 Aug 17, 2016 Jkt 238001 PO 00000 Frm 00094 Fmt 4703 Sfmt 9990 E:\FR\FM\18AUN1.SGM 18AUN1

Document Created: 2016-08-17 23:46:21
Document Modified: 2016-08-17 23:46:21

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice of information collections to be submitted to Office of Management and Budget (OMB) for review and approval under the Paperwork Reduction Act of 1995 (PRA).
Dates		Comments must be submitted on or before September 19, 2016.
Contact		For further information about the proposed revisions to the FFIEC 101 discussed in this notice, please contact any of the agency staff whose names appear below. In addition, copies of the FFIEC 101 form and instructions can be obtained at the FFIEC's Web site (http://www.ffiec.gov/ffiec_report_forms.htm).
FR Citation		81 FR 55260

81 FR 55260 - Agency Information Collection Activities: Submission for OMB Review; Joint Comment Request

DEPARTMENT OF THE TREASURYOffice of the Comptroller of the CurrencyFEDERAL RESERVE SYSTEMFEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 160 (August 18, 2016)

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION