Information Collection Submitted to OMB for Review

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

Information Collection Submitted to OMB for Review

AGENCY: Office of the Comptroller of the Currency, Treasury.

ACTION: Extension of comment period for information collection

submitted to OMB for review and approval under the Paperwork Reduction

Act of 1980.

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SUMMARY: The Office of the Comptroller of the Currency (OCC) is

extending the comment period on proposed revisions to the Country

Exposure Report and the Country Exposure Information Report (FFIEC 009

and 009a) submitted to the Office of Management and Budget for review

under the Paperwork Reduction Act of 1980.

DATES: Comments on this information collection are welcome and should

be submitted by April 24, 1995.

ADDRESSES: A copy of the submission may be obtained by calling or

writing the OCC contact.

SUPPLEMENTARY INFORMATION: On March 3, 1995, the OCC published a notice

in the Federal Register (60 FR 12027) advising that it had sent to the

Office of Management and Budget, for review under the Paperwork

Reduction Act of 1980, proposed revisions to the Country Exposure

Report and Country Exposure Information Report (FFIEC 009 and 009a).

The notice requested public comment by March 23, 1995.

The Board of Governors of the Federal Reserve System (Board of

Governors) also utilizes the FFIEC 009. An interested party has

requested extension of the public comment period until April 24, 1995.

The OCC believes that allowing additional time for public comment is

warranted, and is extending the public comment period.

Additionally, the OCC expects to delay the implementation date of

the proposed revisions to the reporting form until at least September

30, 1995, to provide national banks with sufficient time to modify

their systems and to resolve conceptual issues related to the report.

Type of Review: Regular

Title: (MA)--Country Exposure Report and Disclosure (12 CFR 20)

Description: The Country Exposure Report and Country Exposure

Information Report require national banks to report quarterly their

exposure in foreign countries. This information is critical in

determining and monitoring the soundness of banks

Form Number: FFIEC 009 and 009a

OMB Number: 1557-0100

Respondents: Businesses or other for-profit

Number of Respondents: 150

Frequency of Response: Quarterly

Total Annual Responses: 1,200

Average Hours Per Response: 27 hours, 30 minutes

Total Annual Burden Hours: 33,000

OMB Reviewer: Milo Sunderhauf, (202)395-7340, Paperwork Reduction

Project 1557-0100, Office of Management and Budget, Room 10226, New

Executive Office Building, Washington, DC 20503

OCC Contact: John Ference or Jessie Gates, (202)874-5090, Legislative

and Regulatory Activities Division (1557-0100), Office of the

Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.

Comments: Comments regarding the submission should be addressed to

both the OMB reviewer and the OCC contact listed above.

Dated: March 30, 1995.

James F.E. Gillespie,

Director, Legislative & Regulatory Activities.

[FR Doc. 95-8352 Filed 4-4-95; 8:45 am]

BILLING CODE 4810-33-P