📑OCC Notice on Information Collection Renewal for Structured Finance
Agency Information Collection Activities: Information Collection Renewal; Comment Request; Interagency Statement on Complex Structured Finance Transactions
Summary
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC 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. The OCC is soliciting comment concerning the renewal of its information collection titled, "Interagency Statement on Complex Structured Finance Transactions."
Agencies
- Treasury Department
- Comptroller of the Currency
Business Impact
$$ - Med
The document relates to an information collection that requires businesses to comply with internal controls and risk management regarding complex structured finance transactions. This potentially affects financial institutions and those involved in structured finance by necessitating adherence to updated regulatory standards.