2024-18187. Regulations Implementing the Change in Bank Control Act  

  • Table 1—Summary of Estimated Annual Burden

    Information collection (IC) (obligation to respond) Type of burden (frequency of response) Number of respondents Number of responses per respondent Time per response (HH:MM) Annual burden (hours)
    1. Applications for Change in Bank Control, 12 CFR 303.80 et seq. (Mandatory) Reporting (On occasion) 43 1.21 30:30 1,586
    2. Requests to rebut the presumption of control 12 CFR 303.82(b)(4) (Voluntary) Reporting (On occasion) 1 1 15:00 15
    Total Annual Burden (Hours): 1,601
    Source: FDIC.
    Note: The estimated annual IC time burden is the product, rounded to the nearest hour, of the estimated annual number of responses and the estimated time per response for a given IC. The estimated annual number of responses is the product, rounded to the nearest whole number, of the estimated annual number of respondents and the estimated annual number of responses per respondent. This methodology ensures the estimated annual burdens in the table are consistent with the values recorded in OMB's consolidated information system.

Document Information

Published:
08/19/2024
Department:
Federal Deposit Insurance Corporation
Entry Type:
Proposed Rule
Action:
Notice of proposed rulemaking.
Document Number:
2024-18187
Dates:
Comments must be received by October 18, 2024.
Pages:
67002-67009 (8 pages)
RINs:
3064-AG04
Topics:
Administrative practice and procedure, Administrative practice and procedure, Bank deposit insurance, Banks, banking, Banks, banking, Banks, banking, Banks, banking, Reporting and recordkeeping requirements, Savings associations
PDF File:
2024-18187.pdf
CFR: (1)
12 CFR 303