5251Federal Register / Vol. 76, No. 19 / Friday, January 28, 2011 / Notices
Dated: January 19, 2011.
Manal Corwin,
International Tax Counsel (Tax Policy).
[FR Doc. 2011–1687 Filed 1–27–11; 8:45 am]
BILLING CODE 4810–25–M
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Office of Thrift Supervision
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Joint Comment Request
AGENCIES: Office of the Comptroller of
the Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); Federal Deposit
Insurance Corporation (FDIC); and
Office of Thrift Supervision (OTS),
Treasury.
ACTION: Notice of information collection
to be submitted to OMB for review and
approval under the Paperwork
Reduction Act of 1995.
SUMMARY: In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995 (44 U.S.C.
chapter 35), the OCC, the Board, the
FDIC, and the OTS (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 Office of
Management and Budget (OMB) control
number. On October 22, 2010, the
agencies, under the auspices of the
Federal Financial Institutions
Examination Council (FFIEC), requested
public comment for 60 days on a
proposal to extend with revision the
Advanced Capital Adequacy Framework
Regulatory Reporting Requirements
(FFIEC 101), which is a currently
approved collection of information for
each agency (75 FR 65402). No
comments were received on the
proposal. The agencies hereby give
notice of their plan to submit to the
OMB requests for approval of the FFIEC
101.
DATES: Comments must be submitted on
or before February 28, 2011.
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
number(s), will be shared among the
agencies.
OCC: You should direct all written
comments to: Communications
Division, Office of the Comptroller of
the Currency, Mailstop 2–3, Attention:
1557–0239, 250 E Street, SW.,
Washington, DC 20219. In addition,
comments may be sent by fax to (202)
874–5274, or by electronic mail to
regs.comments@occ.treas.gov. You may
personally inspect and photocopy
comments at the OCC, 250 E 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) 874–4700. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and to submit to security screening in
order to inspect and photocopy
comments.
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
on the http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail:
regs.comments@federalreserve.gov.
Include the reporting form number in
the subject line of the message.
• FAX: (202) 452–3819 or (202) 452–
3102.
• Mail: Jennifer J. Johnson, 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 http://
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 a.m. and 5 p.m. on
weekdays.
FDIC: You may submit comments,
which should refer to ‘‘FFIEC 101, 3064–
0159,’’ by any of the following methods:
• Agency Web Site: http://
www.fdic.gov/regulations/laws/federal/
propose.html. Follow the instructions
for submitting comments on the FDIC
Web site.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail: comments@FDIC.gov.
Include ‘‘FFIEC 101, 3064–0159’’ in the
subject line of the message.
• Mail: Leneta G. Gregorie, (202) 898–
3719, Counsel, Attn: Comments, Room
F–1064, 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 a.m. and 5 p.m.
Public Inspection: All comments
received will be posted without change
to http://www.fdic.gov/regulations/laws/
federal/propose.html including any
personal information provided.
Comments may be inspected at the FDIC
Public Information Center, Room E–
1002, 3501 Fairfax Drive, Arlington, VA
22226, between 9 a.m. and 5 p.m. on
business days.
OTS: You may submit comments,
identified by ‘‘1550–0120 (FFIEC 101),’’
by any of the following methods:
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail address:
infocollection.comments@ots.treas.gov.
Please include ‘‘1550–0120 (FFIEC 101)’’
in the subject line of the message and
include your name and telephone
number in the message.
• Fax: (202) 906–6518.
• Mail: Information Collection
Comments, Chief Counsel’s Office,
Office of Thrift Supervision, 1700 G
Street, NW., Washington, DC 20552,
Attention: ‘‘1550–0120 (FFIEC 101).’’
• Hand Delivery/Courier: Guard’s
Desk, East Lobby Entrance, 1700 G
Street, NW., from 9 a.m. to 4 p.m. on
business days, Attention: Information
Collection Comments, Chief Counsel’s
Office, Attention: ‘‘1550–0120 (FFIEC
101).’’
Instructions: All submissions received
must include the agency name and OMB
Control Number for this information
collection. All comments received will
be posted without change to the OTS
Internet Site at http://www.ots.treas.gov/
pagehtml.cfm?catNumber=67&an=1,
including any personal information
provided.
Docket: For access to the docket to
read background documents or
comments received, go to http://
www.ots.treas.gov/
pagehtml.cfm?catNumber=67&an=1.
In addition, you may inspect
comments at the Public Reading Room,
1700 G Street, NW., by appointment. To
make an appointment for access, call
(202) 906–5922, send an e-mail to
public.info@ots.treas.gov, or send a
facsimile transmission to (202) 906–
VerDate Mar<15>2010 18:16 Jan 27, 2011 Jkt 223001 PO 00000 Frm 00122 Fmt 4703 Sfmt 4703 E:\FR\FM\28JAN1.SGM 28JAN1
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
Dated: January 19, 2011.
Manal Corwin,
International Tax Counsel (Tax Policy).
[FR Doc. 2011–1687 Filed 1–27–11; 8:45 am]
BILLING CODE 4810–25–M
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Office of Thrift Supervision
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Joint Comment Request
AGENCIES: Office of the Comptroller of
the Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); Federal Deposit
Insurance Corporation (FDIC); and
Office of Thrift Supervision (OTS),
Treasury.
ACTION: Notice of information collection
to be submitted to OMB for review and
approval under the Paperwork
Reduction Act of 1995.
SUMMARY: In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995 (44 U.S.C.
chapter 35), the OCC, the Board, the
FDIC, and the OTS (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 Office of
Management and Budget (OMB) control
number. On October 22, 2010, the
agencies, under the auspices of the
Federal Financial Institutions
Examination Council (FFIEC), requested
public comment for 60 days on a
proposal to extend with revision the
Advanced Capital Adequacy Framework
Regulatory Reporting Requirements
(FFIEC 101), which is a currently
approved collection of information for
each agency (75 FR 65402). No
comments were received on the
proposal. The agencies hereby give
notice of their plan to submit to the
OMB requests for approval of the FFIEC
101.
DATES: Comments must be submitted on
or before February 28, 2011.
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
number(s), will be shared among the
agencies.
OCC: You should direct all written
comments to: Communications
Division, Office of the Comptroller of
the Currency, Mailstop 2–3, Attention:
1557–0239, 250 E Street, SW.,
Washington, DC 20219. In addition,
comments may be sent by fax to (202)
874–5274, or by electronic mail to
regs.comments@occ.treas.gov. You may
personally inspect and photocopy
comments at the OCC, 250 E 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) 874–4700. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and to submit to security screening in
order to inspect and photocopy
comments.
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
on the http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail:
regs.comments@federalreserve.gov.
Include the reporting form number in
the subject line of the message.
• FAX: (202) 452–3819 or (202) 452–
3102.
• Mail: Jennifer J. Johnson, 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 http://
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 a.m. and 5 p.m. on
weekdays.
FDIC: You may submit comments,
which should refer to ‘‘FFIEC 101, 3064–
0159,’’ by any of the following methods:
• Agency Web Site: http://
www.fdic.gov/regulations/laws/federal/
propose.html. Follow the instructions
for submitting comments on the FDIC
Web site.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail: comments@FDIC.gov.
Include ‘‘FFIEC 101, 3064–0159’’ in the
subject line of the message.
• Mail: Leneta G. Gregorie, (202) 898–
3719, Counsel, Attn: Comments, Room
F–1064, 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 a.m. and 5 p.m.
Public Inspection: All comments
received will be posted without change
to http://www.fdic.gov/regulations/laws/
federal/propose.html including any
personal information provided.
Comments may be inspected at the FDIC
Public Information Center, Room E–
1002, 3501 Fairfax Drive, Arlington, VA
22226, between 9 a.m. and 5 p.m. on
business days.
OTS: You may submit comments,
identified by ‘‘1550–0120 (FFIEC 101),’’
by any of the following methods:
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail address:
infocollection.comments@ots.treas.gov.
Please include ‘‘1550–0120 (FFIEC 101)’’
in the subject line of the message and
include your name and telephone
number in the message.
• Fax: (202) 906–6518.
• Mail: Information Collection
Comments, Chief Counsel’s Office,
Office of Thrift Supervision, 1700 G
Street, NW., Washington, DC 20552,
Attention: ‘‘1550–0120 (FFIEC 101).’’
• Hand Delivery/Courier: Guard’s
Desk, East Lobby Entrance, 1700 G
Street, NW., from 9 a.m. to 4 p.m. on
business days, Attention: Information
Collection Comments, Chief Counsel’s
Office, Attention: ‘‘1550–0120 (FFIEC
101).’’
Instructions: All submissions received
must include the agency name and OMB
Control Number for this information
collection. All comments received will
be posted without change to the OTS
Internet Site at http://www.ots.treas.gov/
pagehtml.cfm?catNumber=67&an=1,
including any personal information
provided.
Docket: For access to the docket to
read background documents or
comments received, go to http://
www.ots.treas.gov/
pagehtml.cfm?catNumber=67&an=1.
In addition, you may inspect
comments at the Public Reading Room,
1700 G Street, NW., by appointment. To
make an appointment for access, call
(202) 906–5922, send an e-mail to
public.info@ots.treas.gov, or send a
facsimile transmission to (202) 906–
VerDate Mar<15>2010 18:16 Jan 27, 2011 Jkt 223001 PO 00000 Frm 00122 Fmt 4703 Sfmt 4703 E:\FR\FM\28JAN1.SGM 28JAN1
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
5252 Federal Register / Vol. 76, No. 19 / Friday, January 28, 2011 / Notices
1 For simplicity, and unless otherwise indicated,
this notice uses the term ‘‘bank’’ to include banks,
savings associations, and bank holding companies
(BHCs). The terms ‘‘bank holding company’’ and
‘‘BHC’’ refer only to bank holding companies
regulated by the Board and do not include savings
and loan holding companies regulated by the OTS.
For a detailed description of the institutions
covered by this notice, refer to Part I, Section 1, of
the final rule entitled Risk-Based Capital Standards:
Advanced Capital Adequacy Framework (72 FR
69397, December 7, 2007).
2 Consolidated Financial Statements for Bank
Holding Companies, OMB Number: 7100–0128.
7755. (Prior notice identifying the
materials you will be requesting will
assist us in serving you.) We schedule
appointments on business days between
10 a.m. and 4 p.m. In most cases,
appointments will be available the next
business day following the date we
receive a request.
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, or by fax to
(202) 395–6974.
FOR FURTHER INFORMATION CONTACT: For
further information about the revisions
discussed in this notice, please contact
any of the agency clearance officers
whose names appear below. In addition,
copies of the FFIEC 101 can be obtained
at the FFIEC’s Web site (http://
www.ffiec.gov/ffiec_report_forms.htm).
OCC: Mary Gottlieb, OCC Clearance
Officer, (202) 874–5090, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 250 E
Street, SW., Washington, DC 20219.
Board: Cynthia Ayouch, Acting
Federal Reserve Board Clearance
Officer, (202) 452–3829, Division of
Research and Statistics, Board of
Governors of the Federal Reserve
System, 20th and C Streets, NW.,
Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may call (202) 263–4869.
FDIC: Leneta G. Gregorie, Counsel,
(202) 898–3719, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street, NW., Washington, DC 20429.
OTS: Ira L. Mills, OTS Clearance
Officer, at Ira.Mills@ots.treas.gov, (202)
906–6531, or facsimile number (202)
906–6518, Regulations and Legislation
Division, Chief Counsel’s Office, Office
of Thrift Supervision, 1700 G Street,
NW., Washington, DC 20552.
SUPPLEMENTARY INFORMATION: The
agencies are proposing to revise and
extend for three years the FFIEC 101,
which is a currently approved collection
of information for each agency.
Report Title: Advanced Capital
Adequacy Framework Regulatory
Reporting Requirements.
Form Number: FFIEC 101.
Frequency of Response: Quarterly.
Affected Public: Business or other for-
profit.
OCC
OMB Number: 1557–0239.
Estimated Number of Respondents: 52
national banks.
Estimated Time per Response: 625
hours.
Estimated Total Annual Burden:
130,000 hours.
Board
OMB Number: 7100–0319.
Estimated Number of Respondents: 6
state member banks and 21 bank
holding companies.
Estimated Time per Response: 625
hours.
Estimated Total Annual Burden:
52,500 hours.
FDIC
OMB Number: 3064–0159.
Estimated Number of Respondents: 9
state nonmember banks.
Estimated Time per Response: 625
hours.
Estimated Total Annual Burden:
22,500 hours.
OTS
OMB Number: 1550–0120.
Estimated Number of Respondents: 3
savings associations.
Estimated Time per Response: 625
hours.
Estimated Total Annual Burden:
7,500 hours.
General Description of Reports
This information collection is
mandatory for banks 1 using the
Advanced Capital Adequacy
Framework: 12 U.S.C. 161 (for national
banks), 12 U.S.C. 324 and 12 U.S.C.
1844(c) (for state member banks and
BHCs respectively), 12 U.S.C. 1817 (for
insured state nonmember commercial
and savings banks), and 12 U.S.C. 1464
(for savings associations). This
information collection will be given
confidential treatment (5 U.S.C.
552(b)(4)) except for selected data items
(Schedules A and B, and data items 1
and 2 of the operational risk Schedule
S) that will be released for reporting
periods after an institution has
successfully completed its parallel run
period and is qualified to use the
advanced approaches for regulatory
capital purposes. The agencies will not
publicly release information submitted
during an entity’s parallel run period.
Abstract
Each bank that qualifies for and
applies the advanced internal ratings-
based approach to calculate regulatory
credit risk capital and the advanced
measurement approaches to calculate
regulatory operational risk capital, as
described in the final rule implementing
the Advanced Capital Adequacy
Framework (72 FR 69288, December 7,
2007, referred to hereafter as the final
rule), is required to file quarterly
regulatory data. The agencies use these
data to assess and monitor the levels
and components of each reporting
entity’s risk-based 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 banks in understanding
expectations around the system
development necessary for
implementation and validation of the
Advanced Capital Adequacy
Framework. Submitted data that are
released publicly following a reporting
entity’s parallel run period will also
provide other interested parties with
information about banks’ risk-based
capital.
Current Actions
The agencies propose to implement
revisions to certain portions of the
FFIEC 101 report principally to align the
reporting of the amount of qualifying
restricted core capital elements (other
than cumulative perpetual preferred
stock) held by bank holding companies
and qualifying mandatory convertible
preferred securities held by
internationally active bank holding
companies to that of Schedule HC–R of
the FR Y–9C 2 by separately including
both capital elements in Schedule A of
the FFIEC 101; to require all banks, bank
holding companies, and savings
associations to report capital numerator
information on a common Schedule A
of the FFIEC 101 (Schedule A, Part 2 for
savings associations will be eliminated);
and to revise the way equity exposures
are reported in a reformatted Schedule
R of the FFIEC 101. The agencies would
implement the proposed changes
beginning with the March 31, 2011,
report date. These proposed changes are
described below.
Discussion of Proposed Revisions to the
FFIEC 101
Reporting of information about the
numerator of a bank holding company’s
VerDate Mar<15>2010 18:16 Jan 27, 2011 Jkt 223001 PO 00000 Frm 00123 Fmt 4703 Sfmt 4703 E:\FR\FM\28JAN1.SGM 28JAN1
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
1 For simplicity, and unless otherwise indicated,
this notice uses the term ‘‘bank’’ to include banks,
savings associations, and bank holding companies
(BHCs). The terms ‘‘bank holding company’’ and
‘‘BHC’’ refer only to bank holding companies
regulated by the Board and do not include savings
and loan holding companies regulated by the OTS.
For a detailed description of the institutions
covered by this notice, refer to Part I, Section 1, of
the final rule entitled Risk-Based Capital Standards:
Advanced Capital Adequacy Framework (72 FR
69397, December 7, 2007).
2 Consolidated Financial Statements for Bank
Holding Companies, OMB Number: 7100–0128.
7755. (Prior notice identifying the
materials you will be requesting will
assist us in serving you.) We schedule
appointments on business days between
10 a.m. and 4 p.m. In most cases,
appointments will be available the next
business day following the date we
receive a request.
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, or by fax to
(202) 395–6974.
FOR FURTHER INFORMATION CONTACT: For
further information about the revisions
discussed in this notice, please contact
any of the agency clearance officers
whose names appear below. In addition,
copies of the FFIEC 101 can be obtained
at the FFIEC’s Web site (http://
www.ffiec.gov/ffiec_report_forms.htm).
OCC: Mary Gottlieb, OCC Clearance
Officer, (202) 874–5090, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 250 E
Street, SW., Washington, DC 20219.
Board: Cynthia Ayouch, Acting
Federal Reserve Board Clearance
Officer, (202) 452–3829, Division of
Research and Statistics, Board of
Governors of the Federal Reserve
System, 20th and C Streets, NW.,
Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may call (202) 263–4869.
FDIC: Leneta G. Gregorie, Counsel,
(202) 898–3719, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street, NW., Washington, DC 20429.
OTS: Ira L. Mills, OTS Clearance
Officer, at Ira.Mills@ots.treas.gov, (202)
906–6531, or facsimile number (202)
906–6518, Regulations and Legislation
Division, Chief Counsel’s Office, Office
of Thrift Supervision, 1700 G Street,
NW., Washington, DC 20552.
SUPPLEMENTARY INFORMATION: The
agencies are proposing to revise and
extend for three years the FFIEC 101,
which is a currently approved collection
of information for each agency.
Report Title: Advanced Capital
Adequacy Framework Regulatory
Reporting Requirements.
Form Number: FFIEC 101.
Frequency of Response: Quarterly.
Affected Public: Business or other for-
profit.
OCC
OMB Number: 1557–0239.
Estimated Number of Respondents: 52
national banks.
Estimated Time per Response: 625
hours.
Estimated Total Annual Burden:
130,000 hours.
Board
OMB Number: 7100–0319.
Estimated Number of Respondents: 6
state member banks and 21 bank
holding companies.
Estimated Time per Response: 625
hours.
Estimated Total Annual Burden:
52,500 hours.
FDIC
OMB Number: 3064–0159.
Estimated Number of Respondents: 9
state nonmember banks.
Estimated Time per Response: 625
hours.
Estimated Total Annual Burden:
22,500 hours.
OTS
OMB Number: 1550–0120.
Estimated Number of Respondents: 3
savings associations.
Estimated Time per Response: 625
hours.
Estimated Total Annual Burden:
7,500 hours.
General Description of Reports
This information collection is
mandatory for banks 1 using the
Advanced Capital Adequacy
Framework: 12 U.S.C. 161 (for national
banks), 12 U.S.C. 324 and 12 U.S.C.
1844(c) (for state member banks and
BHCs respectively), 12 U.S.C. 1817 (for
insured state nonmember commercial
and savings banks), and 12 U.S.C. 1464
(for savings associations). This
information collection will be given
confidential treatment (5 U.S.C.
552(b)(4)) except for selected data items
(Schedules A and B, and data items 1
and 2 of the operational risk Schedule
S) that will be released for reporting
periods after an institution has
successfully completed its parallel run
period and is qualified to use the
advanced approaches for regulatory
capital purposes. The agencies will not
publicly release information submitted
during an entity’s parallel run period.
Abstract
Each bank that qualifies for and
applies the advanced internal ratings-
based approach to calculate regulatory
credit risk capital and the advanced
measurement approaches to calculate
regulatory operational risk capital, as
described in the final rule implementing
the Advanced Capital Adequacy
Framework (72 FR 69288, December 7,
2007, referred to hereafter as the final
rule), is required to file quarterly
regulatory data. The agencies use these
data to assess and monitor the levels
and components of each reporting
entity’s risk-based 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 banks in understanding
expectations around the system
development necessary for
implementation and validation of the
Advanced Capital Adequacy
Framework. Submitted data that are
released publicly following a reporting
entity’s parallel run period will also
provide other interested parties with
information about banks’ risk-based
capital.
Current Actions
The agencies propose to implement
revisions to certain portions of the
FFIEC 101 report principally to align the
reporting of the amount of qualifying
restricted core capital elements (other
than cumulative perpetual preferred
stock) held by bank holding companies
and qualifying mandatory convertible
preferred securities held by
internationally active bank holding
companies to that of Schedule HC–R of
the FR Y–9C 2 by separately including
both capital elements in Schedule A of
the FFIEC 101; to require all banks, bank
holding companies, and savings
associations to report capital numerator
information on a common Schedule A
of the FFIEC 101 (Schedule A, Part 2 for
savings associations will be eliminated);
and to revise the way equity exposures
are reported in a reformatted Schedule
R of the FFIEC 101. The agencies would
implement the proposed changes
beginning with the March 31, 2011,
report date. These proposed changes are
described below.
Discussion of Proposed Revisions to the
FFIEC 101
Reporting of information about the
numerator of a bank holding company’s
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