💼Lending Limits Agency Information Collection Notice from OCC
Agency Information Collection Activities: Information Collection Renewal; Comment Request; Lending Limits
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, "Lending Limits."
Agencies
- Treasury Department
- Comptroller of the Currency
Business Impact
$$ - Med
The document outlines requirements for lending limits, which businesses must comply with, affecting their access to credit. Comments on the information collection are solicited from the public, indicating a regulatory process that impacts business operations, particularly for banks and financial institutions.