Proposed Information Collection Extension: Regulatory Capital and Market Risk Capital Rules for Banking Organizations

The OCC, Federal Reserve Board, and FDIC are jointly publishing two major regulatory capital proposals in the Federal Register: the Expanded Risk-Based Proposal (targeting Category I and II banking organizations and those with significant trading activity) and the Standardized Approach Proposal (covering risk-weighted asset calculations). These proposals would revise how large and complex banks calculate and report their capital adequacy requirements. In conjunction with these capital rule proposals, the three agencies are seeking a three-year extension — with revisions — of two existing OMB-approved information collections: the Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulatory Capital Rules, and those associated with Market Risk Capital Rules. These collections carry six active OMB control numbers across the three agencies. The extension request is driven by the Paperwork Reduction Act of 1995 (PRA), which requires that any federal information collection display a valid OMB control number before agencies can conduct or mandate responses. The proposed revisions to the collections reflect the updated requirements introduced by the two capital rule proposals. Affected banking organizations and the public are invited to comment on the burden and necessity of these information collections. This is part of the standard regulatory process before the new capital frameworks take effect.

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