80_FR_13049 80 FR 13001 - Proposed Agency Information Collection Activities; Comment Request

80 FR 13001 - Proposed Agency Information Collection Activities; Comment Request

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 48 (March 12, 2015)

Page Range13001-13002
FR Document2015-05632

On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its approval authority under the Paperwork Reduction Act (PRA), pursuant to 5 CFR 1320.16, to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board under conditions set forth in 5 CFR 1320 Appendix A.1. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instruments are placed into OMB's public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number.

Federal Register, Volume 80 Issue 48 (Thursday, March 12, 2015)
[Federal Register Volume 80, Number 48 (Thursday, March 12, 2015)]
[Notices]
[Pages 13001-13002]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-05632]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board of Governors of the Federal Reserve System 
(Board) its approval authority under the Paperwork Reduction Act (PRA), 
pursuant to 5 CFR 1320.16, to approve of and assign OMB control numbers 
to collection of information requests and requirements conducted or 
sponsored by the Board under conditions set forth in 5 CFR 1320 
Appendix A.1. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the Paperwork Reduction Act 
Submission, supporting statements and approved collection of 
information instruments are placed into OMB's public docket files. The 
Federal Reserve may not conduct or sponsor, and the respondent is not 
required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.

DATES: Comments must be submitted on or before May 11, 2015.

ADDRESSES: You may submit comments, identified by FR 2502q, FR 2835, or 
FR 3033p by any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Robert deV. Frierson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room MP-
500 of the Board's Martin Building (20th and C Streets NW.) between 
9:00 a.m. and 5:00 p.m. on weekdays.
    Additionally, commenters may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed--Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 10235 725 17th Street NW., Washington, DC 20503 or by 
fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files, once approved. These documents will also be made 
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    Federal Reserve Board Acting Clearance Officer--Mark Tokarski--
Office of the Chief Data Officer, Board of Governors of the Federal 
Reserve System, Washington, DC 20551 (202) 452-3829. Telecommunications 
Device for the Deaf (TDD) users may contact (202) 263-4869, Board of 
Governors of the Federal Reserve System, Washington, DC 20551.

SUPPLEMENTARY INFORMATION: 

Request for Comment on Information Collection Proposals

    The following information collections, which are being handled 
under this delegated authority, have received initial Board approval 
and are hereby published for comment. At the end of the comment period, 
the proposed information collections, along with an analysis of 
comments and recommendations received, will be submitted to the Board 
for final approval under OMB delegated authority. Comments are invited 
on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Proposal to approve under OMB delegated authority the extension for 
three years, with revision, of the following reports:
    1. Report title: Quarterly Report of Assets and Liabilities of 
Large Foreign Offices of U.S. Banks.
    Agency form number: FR 2502q.
    OMB control number: 7100-0079.
    Frequency: Quarterly.
    Reporters: Major foreign branches and banking subsidiaries of U.S. 
depository institutions that are located in the Caribbean or the United 
Kingdom.
    Estimated annual reporting hours: 124 hours.

[[Page 13002]]

    Estimated average hours per response: 1 hour.
    Number of respondents: 31.
    General description of report: This information collection is 
required (12 U.S.C. 248(a)(2), 461, 602, and 625).
    Abstract: U.S. commercial banks, bank holding companies, including 
financial holding companies, and banking Edge and agreement 
corporations (U.S. banks) are required to file this reporting form for 
their large branches and banking subsidiaries that are located in the 
United Kingdom or the Caribbean. The FR 2502q collects, for each 
reporting office, claims on and liabilities to residents of individual 
countries as of each quarter-end. The data are used to construct a 
piece of the flow of funds data that are compiled by the Federal 
Reserve.
    Current Actions: The Federal Reserve proposes to significantly 
revise the FR 2502q report form by eliminating most of the geographic 
information collected on the form. Specifically, staff proposes to 
delete all individual countries from the form, except for the United 
States. As a result, the body of the form would consist of two rows, 
with assets and liabilities reported for customers in the United States 
and for ``Total, all areas,'' the latter being simply total assets and 
liabilities of the reporting offices. The retention of these two rows 
allows the continued used of the report to better understand how banks 
use their offices in the Caribbean and the United Kingdom as conduits 
for funds to or from outside the United States. The memoranda section 
would be retained without changes, allowing its continued use in flow 
of funds data.
    The Federal Reserve also proposes to clarify in the instructions 
that (1) a reporter should begin filing the report for a branch or 
subsidiary as of the report date when the branch or subsidiary meets 
the reporting criteria, and (2) for subsidiaries, the report should be 
filed on a parent only basis.
    With the elimination of geographic detail from the report, the 
Federal Reserve would discontinue the E.11 Statistical Release, the 
``Geographical Distribution of Assets and Liabilities of Major Foreign 
Branches and Subsidiaries of U.S. Banks,'' which publishes aggregate 
data from the FR 2502q.
    Given the greatly reduced detail in the report, individual reports 
will no longer be considered confidential unless comments are received 
providing a reasonable rationale for continued confidentiality.
    2. Report title: Quarterly Report of Interest Rates on Selected 
Direct Consumer Installment Loans and Quarterly Report of Credit Card 
Plans.\1\
---------------------------------------------------------------------------

    \1\ This family of reports also contains the voluntary 
Automobile Finance Company Report (FR 2512), which has fewer than 10 
respondents and does not require an OMB control number. The Federal 
Reserve also proposes to discontinue the FR 2512.
---------------------------------------------------------------------------

    Agency form number: FR 2835; FR 2835a.
    OMB control number: 7100-0085.
    Frequency: Quarterly.
    Reporters: Commercial banks.
    Estimated annual reporting hours: FR 2835: 176 hours; FR 2835a: 100 
hours.
    Estimated average hours per response: FR 2835: .29 hours; FR 2835a: 
.50 hours.
    Number of respondents: FR 2835: 150; FR 2835a: 50.
    General description of report: These information collections are 
authorized by Sections 2A, 11, and 12A of the Federal Reserve Act and 
are voluntary (12 U.S.C. 225a, 248(a)(2), 263, 348a and 353-359). 
Information requested on the FR 2835 is not confidential and 
respondents are made aware that information reported is made available 
to the public. Aggregate information collected on the FR 2835a is not 
considered confidential; however, individual respondent data is 
considered confidential under section (b)(4) of the Freedom of 
Information Act. (5 U.S.C. 552(b)(4)).
    Abstract: The FR 2835 collects information from a sample of 
commercial banks on interest rates charged on loans for new vehicles 
and loans for other consumer goods and personal expenses. The data are 
used for the analysis of household financial conditions.
    The FR 2835a collects information on two measures of credit card 
interest rates from a sample of commercial banks with $1 billion or 
more in credit card receivables and a representative group of smaller 
issuers. The data are used to analyze the credit card market and draw 
implications for the household sector.
    Current Actions: The Federal Reserve proposes to revise the FR 2835 
by adding a data item to collect information on new (72-month) 
automobile loans. This change is motivated by the need to better 
understand market developments, such as the growing popularity of the 
72-month maturity.
    3. Report title: Census of Finance Companies.
    Agency form number: FR 3033p.
    OMB control number: 7100-0277.
    Frequency: Every five years.
    Reporters: Domestic finance companies.
    Estimated annual reporting hours: 8,000 hours.
    Estimated average hours per response: .5 hours.
    Number of respondents: 16,000.
    General description of report: This information collection is 
authorized by law (12 U.S.C. 225a, 263, 348a, and 353-359) and is 
voluntary. Individual responses are exempt from disclosure pursuant to 
section (b)(4) of the Freedom of Information Act (5 U.S.C. 552).
    Abstract: The Census of Finance Companies is a simple screening 
survey, which would be sent in June 2015 to all companies that meet 
criteria developed to identify the potential universe of domestic 
finance companies. An accurate census is required to form a 
representative sample of finance companies, to which the more detailed 
Survey of Finance Companies would be sent. The census would gather 
limited information including total assets, areas of specialization, 
and information on the corporate structure of the companies. The 
Federal Reserve has identified approximately 40,000 firms to which the 
census would be sent.
    Current Actions: The Federal Reserve proposes to increase the 
respondent panel size, revise the survey to collect information needed 
to determine whether a company meets the FR 3033 definition of a 
finance company, solicit information on the types of credit or 
financing that a company offers, and make minor modifications to the 
survey design.

    Board of Governors of the Federal Reserve System, March 9, 2015.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2015-05632 Filed 3-11-15; 8:45 am]
 BILLING CODE 6210-01-P



                                                                                 Federal Register / Vol. 80, No. 48 / Thursday, March 12, 2015 / Notices                                             13001

                                                    shares of Centrue Bank, Streator,                       inventory of currently approved                       reportforms/review.aspx or may be
                                                    Illinois.                                               collections of information. Copies of the             requested from the agency clearance
                                                       C. Federal Reserve Bank of San                       Paperwork Reduction Act Submission,                   officer, whose name appears below.
                                                    Francisco (Gerald C. Tsai, Director,                    supporting statements and approved                      Federal Reserve Board Acting
                                                    Applications and Enforcement) 101                       collection of information instruments                 Clearance Officer—Mark Tokarski—
                                                    Market Street, San Francisco, California                are placed into OMB’s public docket                   Office of the Chief Data Officer, Board
                                                    94105–1579:                                             files. The Federal Reserve may not                    of Governors of the Federal Reserve
                                                       1. Castle Creek Capital Partners IV,                 conduct or sponsor, and the respondent                System, Washington, DC 20551 (202)
                                                    LP, and individuals or entities that                    is not required to respond to, an                     452–3829. Telecommunications Device
                                                    directly or indirectly control Castle                   information collection that has been                  for the Deaf (TDD) users may contact
                                                    Creek Capital Partners IV, LP including                 extended, revised, or implemented on or               (202) 263–4869, Board of Governors of
                                                    Castle Creek Capital IV LLC, Castle                     after October 1, 1995, unless it displays             the Federal Reserve System,
                                                    Creek Advisors IV LLC, JME Advisory                     a currently valid OMB control number.                 Washington, DC 20551.
                                                    Corp., Legions IV Corp., Mikesell                       DATES: Comments must be submitted on                  SUPPLEMENTARY INFORMATION:
                                                    Advisory Corp., Pietrzak Advisory Corp.,                or before May 11, 2015.
                                                    John M. Eggemeyer, III, Mark G. Merlo,                                                                        Request for Comment on Information
                                                                                                            ADDRESSES: You may submit comments,
                                                    J. Mikesell Thomas and John T.                                                                                Collection Proposals
                                                    Pietrzak, all of Rancho Santa Fe,                       identified by FR 2502q, FR 2835, or FR
                                                                                                            3033p by any of the following methods:                  The following information
                                                    California; to acquire voting shares of
                                                                                                               • Agency Web site: http://                         collections, which are being handled
                                                    First NBC Bank Holding Company, and                                                                           under this delegated authority, have
                                                                                                            www.federalreserve.gov. Follow the
                                                    thereby indirectly acquire voting shares                                                                      received initial Board approval and are
                                                                                                            instructions for submitting comments at
                                                    of First NBC Bank, both in New Orleans,                                                                       hereby published for comment. At the
                                                                                                            http://www.federalreserve.gov/apps/
                                                    Louisiana.                                                                                                    end of the comment period, the
                                                       2. Castle Creek Capital Partners IV,                 foia/proposedregs.aspx.
                                                    LP, and individuals or entities that                       • Federal eRulemaking Portal: http://              proposed information collections, along
                                                                                                            www.regulations.gov. Follow the                       with an analysis of comments and
                                                    directly or indirectly control Castle
                                                                                                            instructions for submitting comments.                 recommendations received, will be
                                                    Creek Capital Partners IV, LP, including
                                                                                                               • Email: regs.comments@                            submitted to the Board for final
                                                    Castle Creek Capital IV LLC, Castle
                                                                                                            federalreserve.gov. Include OMB                       approval under OMB delegated
                                                    Creek Advisors IV LLC, JME Advisory
                                                                                                            number in the subject line of the                     authority. Comments are invited on the
                                                    Corp., Legions IV Corp., Mikesell
                                                                                                            message.                                              following:
                                                    Advisory Corp., Pietrzak Advisory Corp.,
                                                                                                               • FAX: (202) 452–3819 or (202) 452–                  a. Whether the proposed collection of
                                                    John M. Eggemeyer, III, Mark G. Merlo,
                                                                                                            3102.                                                 information is necessary for the proper
                                                    J. Mikesell Thomas and John T.
                                                                                                               • Mail: Robert deV. Frierson,                      performance of the Federal Reserve’s
                                                    Pietrzak, all of Rancho Santa Fe,
                                                                                                            Secretary, Board of Governors of the                  functions; including whether the
                                                    California; to acquire voting shares of
                                                                                                            Federal Reserve System, 20th Street and               information has practical utility;
                                                    Heritage Oaks Bancorp, and thereby
                                                                                                            Constitution Avenue NW., Washington,                    b. The accuracy of the Federal
                                                    indirectly acquire voting shares of
                                                                                                            DC 20551.                                             Reserve’s estimate of the burden of the
                                                    Heritage Oaks Bank, both in Paso                           All public comments are available                  proposed information collection,
                                                    Robles, California.                                     from the Board’s Web site at http://                  including the validity of the
                                                      Board of Governors of the Federal Reserve             www.federalreserve.gov/apps/foia/                     methodology and assumptions used;
                                                    System, March 9, 2015.                                  proposedregs.aspx as submitted, unless                  c. Ways to enhance the quality,
                                                    Michael J. Lewandowski,                                 modified for technical reasons.                       utility, and clarity of the information to
                                                    Associate Secretary of the Board.                       Accordingly, your comments will not be                be collected;
                                                    [FR Doc. 2015–05641 Filed 3–11–15; 8:45 am]             edited to remove any identifying or                     d. Ways to minimize the burden of
                                                    BILLING CODE 6210–01–P                                  contact information. Public comments                  information collection on respondents,
                                                                                                            may also be viewed electronically or in               including through the use of automated
                                                                                                            paper form in Room MP–500 of the                      collection techniques or other forms of
                                                    FEDERAL RESERVE SYSTEM                                  Board’s Martin Building (20th and C                   information technology; and
                                                                                                            Streets NW.) between 9:00 a.m. and 5:00                 e. Estimates of capital or start up costs
                                                    Proposed Agency Information                             p.m. on weekdays.                                     and costs of operation, maintenance,
                                                    Collection Activities; Comment                             Additionally, commenters may send a                and purchase of services to provide
                                                    Request                                                 copy of their comments to the OMB                     information.
                                                    AGENCY:  Board of Governors of the                      Desk Officer—Shagufta Ahmed—Office                      Proposal to approve under OMB
                                                    Federal Reserve System.                                 of Information and Regulatory Affairs,                delegated authority the extension for
                                                    SUMMARY: On June 15, 1984, the Office                   Office of Management and Budget, New                  three years, with revision, of the
                                                    of Management and Budget (OMB)                          Executive Office Building, Room 10235                 following reports:
                                                    delegated to the Board of Governors of                  725 17th Street NW., Washington, DC                     1. Report title: Quarterly Report of
                                                    the Federal Reserve System (Board) its                  20503 or by fax to (202) 395–6974.                    Assets and Liabilities of Large Foreign
                                                    approval authority under the Paperwork                  FOR FURTHER INFORMATION CONTACT: A                    Offices of U.S. Banks.
                                                    Reduction Act (PRA), pursuant to 5 CFR                  copy of the PRA OMB submission,                         Agency form number: FR 2502q.
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                                                    1320.16, to approve of and assign OMB                   including the proposed reporting form                   OMB control number: 7100–0079.
                                                    control numbers to collection of                        and instructions, supporting statement,                 Frequency: Quarterly.
                                                    information requests and requirements                   and other documentation will be placed                  Reporters: Major foreign branches and
                                                    conducted or sponsored by the Board                     into OMB’s public docket files, once                  banking subsidiaries of U.S. depository
                                                    under conditions set forth in 5 CFR                     approved. These documents will also be                institutions that are located in the
                                                    1320 Appendix A.1. Board-approved                       made available on the Federal Reserve                 Caribbean or the United Kingdom.
                                                    collections of information are                          Board’s public Web site at: http://                     Estimated annual reporting hours:
                                                    incorporated into the official OMB                      www.federalreserve.gov/apps/                          124 hours.


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                                                    13002                        Federal Register / Vol. 80, No. 48 / Thursday, March 12, 2015 / Notices

                                                       Estimated average hours per response:                Consumer Installment Loans and                           Estimated average hours per response:
                                                    1 hour.                                                 Quarterly Report of Credit Card Plans.1               .5 hours.
                                                       Number of respondents: 31.                             Agency form number: FR 2835; FR                        Number of respondents: 16,000.
                                                       General description of report: This                  2835a.                                                   General description of report: This
                                                    information collection is required (12                    OMB control number: 7100–0085.                      information collection is authorized by
                                                    U.S.C. 248(a)(2), 461, 602, and 625).                     Frequency: Quarterly.                               law (12 U.S.C. 225a, 263, 348a, and
                                                       Abstract: U.S. commercial banks,                       Reporters: Commercial banks.                        353–359) and is voluntary. Individual
                                                    bank holding companies, including                         Estimated annual reporting hours: FR                responses are exempt from disclosure
                                                    financial holding companies, and                        2835: 176 hours; FR 2835a: 100 hours.                 pursuant to section (b)(4) of the
                                                                                                              Estimated average hours per response:               Freedom of Information Act (5 U.S.C.
                                                    banking Edge and agreement
                                                                                                            FR 2835: .29 hours; FR 2835a: .50 hours.
                                                    corporations (U.S. banks) are required to                                                                     552).
                                                                                                              Number of respondents: FR 2835: 150;
                                                    file this reporting form for their large                                                                         Abstract: The Census of Finance
                                                                                                            FR 2835a: 50.
                                                    branches and banking subsidiaries that                    General description of report: These                Companies is a simple screening survey,
                                                    are located in the United Kingdom or                    information collections are authorized                which would be sent in June 2015 to all
                                                    the Caribbean. The FR 2502q collects,                   by Sections 2A, 11, and 12A of the                    companies that meet criteria developed
                                                    for each reporting office, claims on and                Federal Reserve Act and are voluntary                 to identify the potential universe of
                                                    liabilities to residents of individual                  (12 U.S.C. 225a, 248(a)(2), 263, 348a and             domestic finance companies. An
                                                    countries as of each quarter-end. The                   353–359). Information requested on the                accurate census is required to form a
                                                    data are used to construct a piece of the               FR 2835 is not confidential and                       representative sample of finance
                                                    flow of funds data that are compiled by                 respondents are made aware that                       companies, to which the more detailed
                                                    the Federal Reserve.                                    information reported is made available                Survey of Finance Companies would be
                                                       Current Actions: The Federal Reserve                 to the public. Aggregate information                  sent. The census would gather limited
                                                    proposes to significantly revise the FR                 collected on the FR 2835a is not                      information including total assets, areas
                                                    2502q report form by eliminating most                   considered confidential; however,                     of specialization, and information on
                                                    of the geographic information collected                 individual respondent data is                         the corporate structure of the
                                                    on the form. Specifically, staff proposes               considered confidential under section                 companies. The Federal Reserve has
                                                    to delete all individual countries from                 (b)(4) of the Freedom of Information                  identified approximately 40,000 firms to
                                                    the form, except for the United States.                 Act. (5 U.S.C. 552(b)(4)).                            which the census would be sent.
                                                    As a result, the body of the form would                   Abstract: The FR 2835 collects                         Current Actions: The Federal Reserve
                                                    consist of two rows, with assets and                    information from a sample of                          proposes to increase the respondent
                                                    liabilities reported for customers in the               commercial banks on interest rates                    panel size, revise the survey to collect
                                                    United States and for ‘‘Total, all areas,’’             charged on loans for new vehicles and                 information needed to determine
                                                    the latter being simply total assets and                loans for other consumer goods and                    whether a company meets the FR 3033
                                                    liabilities of the reporting offices. The               personal expenses. The data are used for              definition of a finance company, solicit
                                                    retention of these two rows allows the                  the analysis of household financial                   information on the types of credit or
                                                    continued used of the report to better                  conditions.                                           financing that a company offers, and
                                                    understand how banks use their offices                    The FR 2835a collects information on                make minor modifications to the survey
                                                    in the Caribbean and the United                         two measures of credit card interest                  design.
                                                    Kingdom as conduits for funds to or                     rates from a sample of commercial                       Board of Governors of the Federal Reserve
                                                    from outside the United States. The                     banks with $1 billion or more in credit               System, March 9, 2015.
                                                    memoranda section would be retained                     card receivables and a representative                 Margaret McCloskey Shanks,
                                                    without changes, allowing its continued                 group of smaller issuers. The data are                Deputy Secretary of the Board.
                                                    use in flow of funds data.                              used to analyze the credit card market
                                                                                                                                                                  [FR Doc. 2015–05632 Filed 3–11–15; 8:45 am]
                                                       The Federal Reserve also proposes to                 and draw implications for the
                                                                                                                                                                  BILLING CODE 6210–01–P
                                                    clarify in the instructions that (1) a                  household sector.
                                                    reporter should begin filing the report                   Current Actions: The Federal Reserve
                                                    for a branch or subsidiary as of the                    proposes to revise the FR 2835 by
                                                    report date when the branch or                          adding a data item to collect                         GENERAL SERVICES
                                                    subsidiary meets the reporting criteria,                information on new (72-month)                         ADMINISTRATION
                                                    and (2) for subsidiaries, the report                    automobile loans. This change is                      [OMB Control No. 3090–0221; Docket 2015–
                                                    should be filed on a parent only basis.                 motivated by the need to better                       0001; Sequence 3]
                                                       With the elimination of geographic                   understand market developments, such
                                                    detail from the report, the Federal                     as the growing popularity of the 72-                  Civilian Board of Contract Appeals;
                                                    Reserve would discontinue the E.11                      month maturity.                                       Information Collection; Civilian Board
                                                    Statistical Release, the ‘‘Geographical                   3. Report title: Census of Finance                  of Contract Appeals Rules of
                                                    Distribution of Assets and Liabilities of               Companies.                                            Procedure (GSA Form 9534 Civilian
                                                    Major Foreign Branches and                                Agency form number: FR 3033p.                       Board of Contract Appeals Subpoena;
                                                                                                              OMB control number: 7100–0277.                      Form 4 Government Certificate of
                                                    Subsidiaries of U.S. Banks,’’ which                       Frequency: Every five years.
                                                    publishes aggregate data from the FR                                                                          Finality; Form 5 Appellant/Applicant
                                                                                                              Reporters: Domestic finance                         Certificate of Finality)
                                                    2502q.
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                                                                                                            companies.
                                                       Given the greatly reduced detail in the                Estimated annual reporting hours:                   AGENCY: Civilian Board of Contract
                                                    report, individual reports will no longer               8,000 hours.                                          Appeals, GSA.
                                                    be considered confidential unless
                                                                                                                                                                  ACTION: Notice of request for comments
                                                    comments are received providing a                         1 This family of reports also contains the
                                                                                                                                                                  regarding a reinstatement to an existing
                                                    reasonable rationale for continued                      voluntary Automobile Finance Company Report (FR
                                                                                                            2512), which has fewer than 10 respondents and        OMB clearance.
                                                    confidentiality.
                                                                                                            does not require an OMB control number. The
                                                       2. Report title: Quarterly Report of                 Federal Reserve also proposes to discontinue the FR   SUMMARY: Under the provisions of the
                                                    Interest Rates on Selected Direct                       2512.                                                 Paperwork Reduction Act, the


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Document Created: 2018-02-21 09:36:16
Document Modified: 2018-02-21 09:36:16
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionThe Federal Reserve proposes to significantly revise the FR 2502q report form by eliminating most of the geographic information collected on the form. Specifically, staff proposes to delete all individual countries from the form, except for the United States. As a result, the body of the form would consist of two rows, with assets and liabilities reported for customers in the United States and for ``Total, all areas,'' the latter being simply total assets and liabilities of the reporting offices. The retention of these two rows allows the continued used of the report to better understand how banks use their offices in the Caribbean and the United Kingdom as conduits for funds to or from outside the United States. The memoranda section would be retained without changes, allowing its continued use in flow of funds data.
DatesComments must be submitted on or before May 11, 2015.
ContactA copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB's public docket files, once approved. These documents will also be made available on the Federal Reserve Board's public Web site at: http:// www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below.
FR Citation80 FR 13001 

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