Quiero saber acerca de...

36140

Federal Register / Vol. 86, No. 128 / Thursday, July 8, 2021 / Notices
implementing the systems required under Section 360.9 IC requirement G
or after they are already in compliance with Section 360.9 IC requirement J.
Since reporting by institutions pursuant to Sections 360.9c3, 360.9c9, and 360.9f are counted as both implementation and ongoing requirements, this IC contains eleven 1
requirements in total. These requirements, with corresponding CFR
sections, are listed and described as follows:
A. 360.9c1 and 2
ImplementationRequire covered institutions to set up systems for automatically placing provisional holds on domestic and foreign deposit accounts and sweep and automated credit account arrangements B. 360.9d1 and 2
ImplementationRequire covered institutions to establish practices and procedures for providing the FDIC, in a standard format upon the close of any days business, customer and depositor data for all deposit accounts held in domestic and foreign offices and interest bearing investment accounts connected with sweep and automated credit arrangements C. 360.9c3 Implementation Requires covered institutions to notify the FDIC of the persons responsible for
producing the standard data download and administering provisional holds, both while the functionality is being constructed and on an ongoing basis IC
requirement H
D. 360.9c9 Implementation Permits covered institutions to submit to the FDIC a request for an exemption from the provisional hold requirements for those account systems servicing a relatively small number of accounts where the application of manual provisional holds is feasible, both while the systems are being constructed and on an ongoing basis IC requirement I
E. 360.9d3 Implementation Requires covered institutions to submit the data required by 360.9d1 to the FDIC upon request both while the systems are being constructed and on an ongoing basis IC requirement K
F. 360.9e7 Implementation Permits covered institutions to submit to the FDIC a request for an extension of the deadline for complying with the requirements of Section 360.9
G. 360.9f ImplementationPermits covered institutions to apply for an exemption from the requirements of Section 360.9, if the institution has a high concentration of deposits incidental to credit card operations, both during the implementation period in the first year and on an ongoing basis IC requirement J

H. 360.9c3 OngoingRequires covered institutions to provide the information described in IC requirement C above to the FDIC on an ongoing basis I. 360.9c9 OngoingPermits covered institutions to request an exemption from the provisional hold requirements, as described in IC
requirement D above, both while the systems are being constructed and on an ongoing basis J. 360.9f OngoingPermits covered institutions to apply for an exemption from the requirements of Section 360.9, as described in IC requirement G above, at any time after the institution is in compliance with the requirements of Section 360.9 if the institution has a high concentration of deposits incidental to credit card operations K. 360.9h OngoingRequires covered institutions to provide appropriate assistance to the FDIC in its testing of the systems required under Section 360.9
4. Title: Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions.
OMB Number: 30640179.
Form Number: None.
Affected Public: Large and highly complex depository institutions.
Burden Estimate:

lotter on DSK11XQN23PROD with NOTICES1

SUMMARY OF ANNUAL BURDEN
Information collection description
Type of burden
Obligation to respond
Estimated number of respondents
Estimated frequency of responses
Estimated time per response hours
Estimated annual burden hours
Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions.

Reporting

Mandatory

2

On Occasion

80

160

Total Estimated Annual Burden: 160
hours.
General Description of Collection: The FDICs deposit insurance assessment authority is set forth in Section 7 of the Federal Deposit Insurance Act, 12
U.S.C. 1817b and c and promulgated in regulations under 12 CFR part 327.
These regulations also set out the process for making adjustments to the total score of these institutions used by the FDIC in making deposit insurance assessments. Depository institutions are permitted to make a written request to the FDIC for an assessment adjustment.
An institution is able to request review
of, or appeal, an upward adjustment, the magnitude of an upward adjustment, removal of a previously implemented downward adjustment or an increase in a previously implemented upward adjustment through the FDICs internal review process set forth at 12 CFR
327.4c. An institution can similarly request review of or appeal a decision not to apply an adjustment following a request by the institution for an adjustment.
An institution can submit its written request for an adjustment to the FDICs Director of the Division of Insurance and Research in Washington, DC. In
1 8 distinct requirements, plus 3 requirements that are counted as both implementation and
ongoing requirements, brings the total number of requirements for this IC to 11.

VerDate Sep<11>2014

16:47 Jul 07, 2021

Jkt 253001

PO 00000

Frm 00066

Fmt 4703

Sfmt 4703

making such a request, the institution will provide support by including evidence of a material risk or riskmitigating factor that it believes was not adequately considered.
5. Title: Regulatory Capital Rules:
Regulatory Capital, Revisions to the Supplementary Leverage Ratio.
OMB Number: 30640196.
Form Number: None.
Affected Public: Insured state nonmember banks and state savings associations that are subject to the FDICs advanced approaches risk-based capital rules.
Burden Estimate:

E:FRFM08JYN1.SGM

08JYN1