OCC Guidelines Establishing Heightened Standards for Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches
OCC Guidelines Establishing
Heightened Standards for Certain Large Insured National Banks,
Insured Federal Savings Associations, and Insured Federal
Branches
Revision of a currently approved collection
No
Regular
01/09/2026
Requested
Previously Approved
36 Months From Approved
04/30/2027
8
27
30,208
101,952
0
0
The OCC issued guidelines, codified in
12 CFR part 30, appendix D, establishing minimum standards for the
design and implementation of a risk governance framework for
certain insured national banks, insured Federal savings
associations, and insured Federal branches of a foreign bank
(collectively, bank(s)). The guidelines also established minimum
standards for a board of directors in overseeing the framework’s
design and implementation. The guidelines apply to a covered bank.
The term “covered bank” means any bank with average total
consolidated assets: (i) equal to or greater than $50 billion; (ii)
less than $50 billion if that bank’s parent company controls at
least one covered bank; or (iii) less than $50 billion if the OCC
determines such bank’s operations are highly complex or otherwise
present a heightened risk as to warrant the application of the
guidelines. The OCC adopted the guidelines pursuant to section 39
of the Federal Deposit Insurance Act (FDIA), which authorizes the
OCC to prescribe operational and managerial standards for insured
national banks, insured Federal savings associations, and insured
Federal branches of a foreign bank. This ICR is being filed in
connection with an OCC-issued proposed rule that would amend the
above-referenced guidelines to increase the average total
consolidated assets threshold for applying the guidelines from $50
billion to $700 billion. The proposal would implement this change,
in part, by modifying the guidelines’ definition of the term
“covered bank.” Under this revised definition, the term “covered
bank” would mean any insured national bank, insured Federal savings
association, or insured Federal branch of a foreign bank: (i) with
average total consolidated assets equal to or greater than $700
billion; (ii) with average total consolidated assets less than $700
billion if that bank’s parent company controls at least one covered
bank; or (iii) with average total consolidated assets less than
$700 billion if the OCC determines such bank’s operations are
highly complex or otherwise present a heightened risk. The proposed
revisions would affect the number of respondents required to comply
with the guidelines’ recordkeeping requirements.
The change in burden is due to
a decrease in the total number of respondents following the
proposed increase to the average total consolidated assets
threshold for applying the guidelines from $50 billion to $700
billion.
$0
No
No
No
No
No
No
No
Henry Barkhausen 202 649-7191
henry.barkhausen@occ.treas.gov
No
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.
1557-0321 Heightened Standards NPR Supporting Statement Filed with OMB.docx
Consolidated IC: All Appendix D Recordkeeping Requirements