80 FR 22190 - Submission for OMB Review; Comment Request
FINANCIAL STABILITY OVERSIGHT COUNCIL Federal Register Volume 80, Issue 76 (April 21, 2015)
Federal Register Volume 80, Issue 76 (April 21, 2015)
| Page Range | 22190-22191 | |
| FR Document | 2015-09145 |
[Federal Register Volume 80, Number 76 (Tuesday, April 21, 2015)] [Notices] [Pages 22190-22191] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-09145] ======================================================================= ----------------------------------------------------------------------- FINANCIAL STABILITY OVERSIGHT COUNCIL Submission for OMB Review; Comment Request AGENCY: Financial Stability Oversight Council. ACTION: Notice and request for comments. ----------------------------------------------------------------------- SUMMARY: The Financial Stability Oversight Council (the ``Council'') invites members of the public and affected agencies to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995.\1\ Section 113 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the ``Dodd-Frank Act'') \2\ provides the Council the authority to determine that a nonbank financial company shall be subject to supervision by the Board of Governors of the Federal Reserve System (``Board of Governors'') and enhanced prudential standards if the Council determines that material financial stress at the nonbank financial company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of the nonbank financial company, could pose a threat to financial stability. The Council is soliciting comments concerning its extension of a currently approved collection of information related to its authority to determine that certain nonbank financial companies shall be subject to supervision by the Board of Governors and enhanced prudential standards. The Council will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104-13, on or after the date of publication of this notice. --------------------------------------------------------------------------- \1\ 44 U.S.C. 3506(c)(2)(A). \2\ 12 U.S.C. 5323. DATES: Written comments must be received on or before May 21, 2015 to --------------------------------------------------------------------------- be assured of consideration. ADDRESSES: You may submit comments by any of the following methods: Mail: Attn: Request for Comments (Financial Stability Oversight Council Proposed Information Collection), Office of the Financial Stability Oversight Council, Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220 or Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Treasury, New Executive Office Building, Room 10235, Washington, DC 20503. Electronic Submission: [email protected] or [email protected]. Instructions: All submissions received must include the agency name and the Federal Register document number that appears at the end of this document. Comments received will be made available to the public via regulations.gov without change, and including any personal information provided. FOR FURTHER INFORMATION CONTACT: Requests for additional information about the filings or procedures should be directed to Executive Director, Financial Stability Oversight Council, Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220. SUPPLEMENTARY INFORMATION: On April 11, 2012, the Council published in the Federal Register a final rule and interpretive guidance (``Rule and Guidance'') that describe the manner in which the Council intends to apply the statutory standards and considerations, and the processes and procedures the Council intends to follow, in making determinations under section 113 of the Dodd-Frank Act.\3\ The Council has made final determinations regarding four nonbank financial companies. The Council uses information collected under its Rule and Guidance to assess whether a nonbank financial company meets the standards for a Council determination under section 113 of the Dodd-Frank Act. The collection of information under 12 CFR 1310.21 affords a nonbank financial company an opportunity to submit materials to contest the Council's consideration of the company for a proposed determination and to contest a proposed determination. The collection of information under 12 CFR 1310.22 provides a nonbank financial company an opportunity to contest the Council's waiver or modification of the notice or other procedural requirements contained in 12 CFR 1310.21 by requesting a hearing. The Council uses information collected under 12 CFR 1310.23 in a reevaluation of its determination regarding a nonbank financial company subject to a Council determination. --------------------------------------------------------------------------- \3\ See 12 CFR part 1310. --------------------------------------------------------------------------- In February 2015, the Council adopted Supplementary Procedures Relating to Nonbank Financial Company Determinations (``Supplementary Procedures''), which supplement the Council's Rule and Guidance and are organized into three categories: the Council's engagement with nonbank financial companies during evaluations for potential determinations; engagement during annual reevaluations of determinations; and transparency to the public.\4\ The Supplementary Procedures clarify certain aspects of the Council's engagement with nonbank financial companies but do not impose additional burdens on companies. --------------------------------------------------------------------------- \4\ Supplementary Procedures Relating to Nonbank Financial Company Determinations, Feb. 4, 2015, available at http://www.treasury.gov/initiatives/fsoc/designations/Documents/Supplemental%20Procedures%20Related%20to%20Nonbank%20Financial%20Company%20Determinations%20-%20February%202015.pdf. --------------------------------------------------------------------------- Title: Determinations Regarding Certain Nonbank Financial Companies. OMB Control Number: 1505-0244. Abstract: The Council uses information collected under 12 CFR 1310.20 to assess whether a nonbank financial company meets the standards for a Council determination under section 113 of the Dodd- Frank Act. The collection of information under 12 CFR 1310.21 affords a nonbank financial company an opportunity to submit materials to contest the Council's consideration of the company for a proposed determination and to contest a proposed determination. The collection of information under 12 CFR 1310.22 provides a nonbank financial company an opportunity to contest the Council's waiver or modification of the notice or other procedural requirements contained in 12 CFR 1310.21 by requesting a hearing. The Council uses information collected under 12 CFR 1310.23 in its reevaluation of a determination regarding a nonbank [[Page 22191]] financial company subject to a Council determination. Type of Review: Extension of a currently approved collection. Affected Public: Nonbank financial companies. Estimated Total Annual Burden Hours for all Collections: 500 hours. Request For Comments: Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) the accuracy of the agency's estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. David G. Clunie, Executive Secretary. [FR Doc. 2015-09145 Filed 4-20-15; 8:45 am] BILLING CODE 4810-25-P
![22190 Federal Register / Vol. 80, No. 76 / Tuesday, April 21, 2015 / Notices
offices of the Board of Governors not subject to supervision by the Board of information under 12 CFR 1310.21
later than May 6, 2015. Governors and enhanced prudential affords a nonbank financial company an
A. Federal Reserve Bank of Atlanta standards. The Council will submit the opportunity to submit materials to
(Chapelle Davis, Assistant Vice following information collection contest the Council’s consideration of
President) 1000 Peachtree Street, NE., requests to the Office of Management the company for a proposed
Atlanta, Georgia 30309: and Budget (OMB) for review and determination and to contest a proposed
1. The Desjardins Group and clearance in accordance with the determination. The collection of
Fédération des caisses Desjardins du Paperwork Reduction Act of 1995, information under 12 CFR 1310.22
Québec, both in Levis, Canada; to Public Law 104–13, on or after the date provides a nonbank financial company
acquire up to 100 percent of the voting of publication of this notice. an opportunity to contest the Council’s
shares of Samson Capital Advisors LLC, DATES: Written comments must be waiver or modification of the notice or
New York, New York, and thereby received on or before May 21, 2015 to other procedural requirements
engage in financial and investment be assured of consideration. contained in 12 CFR 1310.21 by
advisory activities, pursuant to sections ADDRESSES: You may submit comments requesting a hearing. The Council uses
225.28(b)(6)(i) and (b)(6)(iv); private by any of the following methods: information collected under 12 CFR
placement services, pursuant to section Mail: Attn: Request for Comments 1310.23 in a reevaluation of its
225.28(b)(7)(iii); and investment and (Financial Stability Oversight Council determination regarding a nonbank
trading activities, pursuant to section Proposed Information Collection), Office financial company subject to a Council
225.28(b)(8)(ii)(C). of the Financial Stability Oversight determination.
Board of Governors of the Federal Reserve Council, Department of the Treasury, In February 2015, the Council
System, April 16, 2015. 1500 Pennsylvania Avenue NW., adopted Supplementary Procedures
Michael J. Lewandowski, Washington, DC 20220 or Office of Relating to Nonbank Financial Company
Associate Secretary of the Board. Information and Regulatory Affairs, Determinations (‘‘Supplementary
Office of Management and Budget, Procedures’’), which supplement the
[FR Doc. 2015–09184 Filed 4–20–15; 08:45 am]
Attention: Desk Officer for Treasury, Council’s Rule and Guidance and are
BILLING CODE 6210–01–P
New Executive Office Building, Room organized into three categories: the
10235, Washington, DC 20503. Council’s engagement with nonbank
Electronic Submission: financial companies during evaluations
FINANCIAL STABILITY OVERSIGHT for potential determinations;
COUNCIL FSOC.Comments@treasury.gov or
OIRA_Submission@OMB.EOP.gov. engagement during annual reevaluations
Submission for OMB Review; Instructions: All submissions received of determinations; and transparency to
Comment Request must include the agency name and the the public.4 The Supplementary
Federal Register document number that Procedures clarify certain aspects of the
AGENCY: Financial Stability Oversight appears at the end of this document. Council’s engagement with nonbank
Council. Comments received will be made financial companies but do not impose
ACTION: Notice and request for available to the public via additional burdens on companies.
comments. regulations.gov without change, and Title: Determinations Regarding
including any personal information Certain Nonbank Financial Companies.
SUMMARY: The Financial Stability OMB Control Number: 1505–0244.
provided.
Oversight Council (the ‘‘Council’’) Abstract: The Council uses
invites members of the public and FOR FURTHER INFORMATION CONTACT: information collected under 12 CFR
affected agencies to comment on Requests for additional information 1310.20 to assess whether a nonbank
continuing information collections, as about the filings or procedures should financial company meets the standards
required by the Paperwork Reduction be directed to Executive Director, for a Council determination under
Act of 1995.1 Section 113 of the Dodd- Financial Stability Oversight Council, section 113 of the Dodd-Frank Act. The
Frank Wall Street Reform and Consumer Department of the Treasury, 1500 collection of information under 12 CFR
Protection Act (the ‘‘Dodd-Frank Act’’) 2 Pennsylvania Avenue NW., Washington, 1310.21 affords a nonbank financial
provides the Council the authority to DC 20220. company an opportunity to submit
determine that a nonbank financial SUPPLEMENTARY INFORMATION: On April materials to contest the Council’s
company shall be subject to supervision 11, 2012, the Council published in the consideration of the company for a
by the Board of Governors of the Federal Federal Register a final rule and proposed determination and to contest a
Reserve System (‘‘Board of Governors’’) interpretive guidance (‘‘Rule and proposed determination. The collection
and enhanced prudential standards if Guidance’’) that describe the manner in of information under 12 CFR 1310.22
the Council determines that material which the Council intends to apply the provides a nonbank financial company
financial stress at the nonbank financial statutory standards and considerations, an opportunity to contest the Council’s
company, or the nature, scope, size, and the processes and procedures the waiver or modification of the notice or
scale, concentration, Council intends to follow, in making other procedural requirements
interconnectedness, or mix of the determinations under section 113 of the contained in 12 CFR 1310.21 by
activities of the nonbank financial Dodd-Frank Act.3 The Council has made requesting a hearing. The Council uses
company, could pose a threat to final determinations regarding four information collected under 12 CFR
financial stability. The Council is nonbank financial companies. The 1310.23 in its reevaluation of a
soliciting comments concerning its Council uses information collected determination regarding a nonbank
tkelley on DSK3SPTVN1PROD with NOTICES
extension of a currently approved under its Rule and Guidance to assess
collection of information related to its whether a nonbank financial company 4 Supplementary Procedures Relating to Nonbank
authority to determine that certain meets the standards for a Council Financial Company Determinations, Feb. 4, 2015,
determination under section 113 of the available at http://www.treasury.gov/initiatives/
nonbank financial companies shall be fsoc/designations/Documents/Supplemental%20
Dodd-Frank Act. The collection of Procedures%20Related%20to%20Nonbank%20
1 44 U.S.C. 3506(c)(2)(A). Financial%20Company%20Determinations%20-
2 12 U.S.C. 5323. 3 See 12 CFR part 1310. %20February%202015.pdf.
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![Federal Register / Vol. 80, No. 76 / Tuesday, April 21, 2015 / Notices 22191
financial company subject to a Council 9000–0010, Progress Payments, by any (less than one-half hour) per
determination. of the following methods: completion. This downward change is
Type of Review: Extension of a • Regulations.gov: http:// attributable to productivity gains (based
currently approved collection. www.regulations.gov. Submit comments on data from Bureau of Labor Statistics,
Affected Public: Nonbank financial via the Federal eRulemaking portal by 1990–2013) realized through
companies. searching the OMB Control number technology. The anticipated number of
Estimated Total Annual Burden 9000–0010. Select the link ‘‘Comment respondents has been reduced (from
Hours for all Collections: 500 hours. Now’’ that corresponds with 27,000 to 25,161), as well, and is
Request For Comments: Comments ‘‘Information Collection 9000–0010, proportional to the lower number of
are invited on: (a) Whether the Progress Payments’’. Follow the Federal contracts overall.
collection of information is necessary instructions provided on the screen.
for the proper performance of the Please include your name, company C. Public Comments
functions of the agency, including name (if any), and ‘‘Information Public comments are particularly
whether the information has practical Collection 9000–0010, Progress invited on: Whether this collection of
utility; (b) the accuracy of the agency’s Payments’’ on your attached document. information is necessary for the proper
estimate of the burden of the collection • Fax: 202–501–4067. performance of functions of the FAR,
of information; (c) ways to enhance the • Mail: General Services and whether it will have practical
quality, utility, and clarity of the Administration, Regulatory Secretariat utility; whether our estimate of the
information to be collected; and (d) Division (MVCB), 1800 F Street NW., public burden of this collection of
ways to minimize the burden of the Washington, DC 20405. ATTN: Ms. information is accurate, and based on
collection of information on Flowers/IC 9000–0010, Progress valid assumptions and methodology;
respondents, including through the use Payments. ways to enhance the quality, utility, and
of automated collection techniques or Instructions: Please submit comments clarity of the information to be
other forms of information technology. only and cite Information Collection collected; and ways in which we can
9000–0010, Progress Payments, in all minimize the burden of the collection of
David G. Clunie, correspondence related to this
Executive Secretary. information on those who are to
collection. All comments received will respond, through the use of appropriate
[FR Doc. 2015–09145 Filed 4–20–15; 8:45 am] be posted without change to http:// technological collection techniques or
BILLING CODE 4810–25–P www.regulations.gov, including any other forms of information technology.
personal and/or business confidential D. Obtaining Copies Of Proposals:
information provided. Requesters may obtain a copy of the
DEPARTMENT OF DEFENSE FOR FURTHER INFORMATION CONTACT: information collection documents from
Kathy Hopkins, Procurement Analyst, the General Services Administration,
GENERAL SERVICES Federal Acquisition Policy Division, at
ADMINISTRATION Regulatory Secretariat Division (MVCB),
202–969–7226 or Kathlyn.hopkins@ 1800 F Street NW., Washington, DC
gsa.gov. 20405, telephone 202–501–4755. Please
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION SUPPLEMENTARY INFORMATION: cite OMB Control No. 9000–0010,
Progress Payments, in all
[OMB Control No. 9000–0010; Docket 2015– A. Purpose correspondence.
0055; Sequence 1] Certain Federal contracts provide for Dated: April 16, 2015.
progress payments to be made to the
Submission to OMB for Review; Edward Loeb,
contractor during performance of the
Federal Acquisition Regulation; contract. Pursuant to FAR clause Acting Director, Office of Government-wide
Progress Payments (SF–1443) Acquisition Policy, Office of Acquisition
52.232–16 ‘‘Progress Payments,’’ Policy, Office of Government-wide Policy.
AGENCY: Department of Defense (DOD), contractors are required to request
[FR Doc. 2015–09240 Filed 4–20–15; 8:45 am]
General Services Administration (GSA), progress payments on Standard Form
BILLING CODE 6820–EP–P
and National Aeronautics and Space 1443, ‘‘Contractor’s Request for Progress
Administration (NASA). Payment,’’ or an agency approved
ACTION: Notice of request for public electronic equivalent. Additionally,
contractors may be required to submit GENERAL SERVICES
comments regarding an extension to an ADMINISTRATION
existing OMB clearance. reports, certificates, financial
statements, and other pertinent [Notice–MV–2015–01; Docket No. 2015–
SUMMARY: Under the provisions of the information, reasonably requested by 0002; Sequence No. 8]
Paperwork Reduction Act of 1995, the the Contracting Officer. The contractual
Regulatory Secretariat will be requirement for submission of reports, Public Availability of General Services
submitting to the Office of Management certificates, financial statements and Administration FY 2014 Service
and Budget (OMB) a request to review other pertinent information is necessary Contract Inventory
and approve an extension of a for protection of the Government against
AGENCY: General Services
previously information collection financial loss through the making of
Administration (GSA).
requirement concerning progress progress payments.
payments. A notice was published in ACTION: Notice of public availability of
B. Annual Reporting Burden FY 2014 Service Contract Inventories.
the Federal Register at 80 FR 6970 on
tkelley on DSK3SPTVN1PROD with NOTICES
February 9, 2015. No comments were Respondents: 25,161.
Responses per Respondent: 32. SUMMARY: In accordance with The Fiscal
received. Year (FY) 2010 Consolidated
Annual Responses: 805,152.
DATES: Submit comments on or before Hours per Response: .42. Appropriations Act, GSA is publishing
May 21, 2015. Total Burden Hours: 338,164. this notice to advise the public of the
ADDRESSES: Submit comments Time required to read and prepare availability of the FY 2014 Service
identified by Information Collection information is estimated at 25.2 minutes Contract Inventories.
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Document Created: 2015-12-16 08:33:25
Document Modified: 2015-12-16 08:33:25
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice and request for comments. | |
| Dates | Written comments must be received on or before May 21, 2015 to | |
| Contact | Requests for additional information about the filings or procedures should be directed to Executive Director, Financial Stability Oversight Council, Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220. | |
| FR Citation | 80 FR 22190 |
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