Pursuant to 5
CFR 1320.11(c), OMB files this comment on this information
collection request (ICR. The agency shall examine public comment in
response to the NPRM and will describe in the supporting statement
of its next collection any public comments received regarding the
collection as well as why (or why it did not) incorporate the
commenter’s recommendation. The next submission to OMB must include
the draft final rule.
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
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The FDIC, OCC, and the Board are
inviting comment on a proposed rule that would implement a stable
funding requirement, the net stable funding ratio (NSFR), for large
and internationally active banking organizations. The proposed NSFR
requirement is designed to reduce the likelihood that disruptions
to a banking organization’s regular sources of funding will
compromise its liquidity position, as well as to promote
improvements in the measurement and management of liquidity risk.
The proposed rule would also amend certain definitions in the
liquidity coverage ratio rule that are also applicable to the NSFR.
The proposed NSFR requirement would apply beginning on January 1,
2018, to bank holding companies, certain savings and loan holding
companies, and depository institutions that, in each case, have
$250 billion or more in total consolidated assets or $10 billion or
more in total on-balance sheet foreign exposure, and to their
consolidated subsidiaries that are depository institutions with $10
billion or more in total consolidated assets. In addition, the
Board is proposing a modified NSFR requirement for bank holding
companies and certain savings and loan holding companies that, in
each case, have $50 billion or more, but less than $250 billion, in
total consolidated assets and less than $10 billion in total
on-balance sheet foreign exposure. Neither the proposed NSFR
requirement nor the proposed modified NSFR requirement would apply
to banking organizations with consolidated assets of less than $50
billion and total on-balance sheet foreign exposure of less than
$10 billion. A bank holding company or savings and loan holding
company subject to the proposed NSFR requirement or modified NSFR
requirement would be required to publicly disclose the company’s
NSFR and the components of its NSFR each calendar quarter.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
SPST-NEW Net Stable Funding Ratio (NSFR)(6-8-16.docx
Net Stable Funding Ratio: Liquidity Risk Measurement Standards and Disclosure Requirements