📊OCC Notice on Market Risk Information Collection Renewal
Agency Information Collection Activities: Information Collection Renewal; Comment Request; Market Risk
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, "Market Risk."
Agencies
- Treasury Department
- Comptroller of the Currency
Business Impact
$$ - Med
The regulatory text discusses the renewal of the OCC's information collection regarding market risk, which affects businesses (particularly national banks and federal savings associations) that have significant exposure to market risk. Compliance with the rules outlined, including capital adequacy and risk disclosures, has direct financial implications for these entities.