80 FR 26050 - Proposed Agency Information Collection Activities: Comment Request
FEDERAL RESERVE SYSTEM Federal Register Volume 80, Issue 87 (May 6, 2015)
Federal Register Volume 80, Issue 87 (May 6, 2015)
| Page Range | 26050-26051 | |
| FR Document | 2015-10600 |
[Federal Register Volume 80, Number 87 (Wednesday, May 6, 2015)] [Notices] [Pages 26050-26051] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-10600] ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities: Comment Request AGENCY: Board of Governors of the Federal Reserve System (Board). ACTION: Notice and request for comment. ----------------------------------------------------------------------- SUMMARY: In accordance with the requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35), the Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the agencies) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, has approved the agencies' publication for public comment of a proposal to extend, without revision, the Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002), the Report of Assets and Liabilities of a Non-U.S. Branch that is Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank (FFIEC 002S), and the Country Exposure Report for U.S. Branches and Agencies of Foreign Banks (FFIEC 019), which are currently approved information collections. The Board is publishing this proposal on behalf of the agencies. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the FFIEC and the agencies should modify the reports. The Board will then submit the reports to OMB for review and approval. DATES: Comments must be submitted on or before July 6, 2015. ADDRESSES: Interested parties are invited to submit written comments to the agency listed below. All comments will be shared among the agencies. You may submit comments, identified by FFIEC 002, FFIEC 002S, or FFIEC 019, by any of the following methods:Agency Web site: http://www.federalreserve.gov. Follow the instructions for submitting comments on the 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 the OMB control numbers 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 3515, 1801 K Street (between 18th and 19th Streets NW.), Washington, DC 20006, between 9 a.m. and 5 p.m. on weekdays. Additionally, commenters may send a copy of their comments to the OMB desk officer for the agencies by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW., Washington, DC 20503; by fax to (202) 395-6974; or by email to [email protected]. FOR FURTHER INFORMATION CONTACT: Additional information or a copy of the collections may be requested from Mark Tokarski, Federal Reserve Board Acting Clearance Officer, 202-452-3829, Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, 20th and C Streets NW., Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may call 202-263-4869. SUPPLEMENTARY INFORMATION: Proposal To Extend for Three Years, Without Revision, the Following Currently Approved Collections of Information 1. Report titles: Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks; Report of Assets and Liabilities of a Non-U.S. Branch that is Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank. Agency form numbers: FFIEC 002; FFIEC 002S. OMB control number: 7100-0032. Frequency of response: Quarterly. Affected public: U.S. branches and agencies of foreign banks. Number of respondents: FFIEC 002--223; FFIEC 002S--49. Estimated average time per response: FFIEC 002--25.43 hours; FFIEC 002S--6.0 hours. Estimated total annual burden: FFIEC 002--22,684 hours; FFIEC 002S--1,176 hours. General description of reports: These information collections are mandatory (12 U.S.C. 3105(c)(2), 1817(a)(1) and (3), and 3102(b)). Except for select sensitive items, the FFIEC 002 is not given confidential treatment; the FFIEC 002S is given confidential treatment (5 U.S.C. 552(b)(4) and (8)). Abstract: On a quarterly basis, all U.S. branches and agencies of foreign banks are required to file the FFIEC 002, which is a detailed report of condition with a variety of supporting schedules. This information is used to fulfill the supervisory and regulatory requirements of the International Banking Act of 1978. The data are also used to augment the bank credit, loan, and deposit information needed for monetary policy and other public policy purposes. The FFIEC 002S is a supplement to the FFIEC 002 that collects information on assets and liabilities of any non-U.S. branch that is managed or controlled by a U.S. branch or agency of the foreign bank. Managed or controlled means that a majority of the responsibility for business decisions, including but not limited to decisions with regard to lending or asset management or funding or liability management, or the responsibility for recordkeeping in respect of assets or liabilities for that foreign branch resides at the U.S. branch or agency. A separate FFIEC 002S must be completed for each managed or [[Page 26051]] controlled non-U.S. branch. The FFIEC 002S must be filed quarterly along with the U.S. branch or agency's FFIEC 002. The data from both reports are used for (1) monitoring deposit and credit transactions of U.S. residents; (2) monitoring the impact of policy changes; (3) analyzing structural issues concerning foreign bank activity in U.S. markets; (4) understanding flows of banking funds and indebtedness of developing countries in connection with data collected by the International Monetary Fund and the Bank for International Settlements that are used in economic analysis; and (5) assisting in the supervision of U.S. offices of foreign banks. The Federal Reserve System collects and processes these reports on behalf of all three agencies. No changes are proposed to the FFIEC 002 and FFIEC 002S reporting forms or instructions. 2. Report title: Country Exposure Report for U.S. Branches and Agencies of Foreign Banks. Agency form number: FFIEC 019. OMB control number: 7100-0213. Frequency of response: Quarterly. Affected public: U.S. branches and agencies of foreign banks. Number of respondents: 167. Estimated average time per response: 10 hours. Estimated total annual burden: 6,680 hours. General description of report: This information collection is mandatory (12 U.S.C. 3906 for all agencies); 12 U.S.C. 3105 and 3108 for the Board; 12 U.S.C. 1817 and 1820 for the FDIC; and 12 U.S.C. 161 for the OCC. This information collection is given confidential treatment under the Freedom of Information Act (5 U.S.C. 552(b)(8)). Abstract: All individual U.S. branches and agencies of foreign banks that have more than $30 million in direct claims on residents of foreign countries must file the FFIEC 019 report quarterly. Currently, all respondents report adjusted exposure amounts to the five largest countries having at least $20 million in total adjusted exposure. The agencies collect this data to monitor the extent to which such branches and agencies are pursuing prudent country risk diversification policies and limiting potential liquidity pressures. No changes are proposed to the FFIEC 019 reporting form or instructions. Request for Comment Comments are invited on: a. Whether the information collections are necessary for the proper performance of the agencies' functions, including whether the information has practical utility; b. The accuracy of the agencies' estimate of the burden of the information collections, 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 the information collections 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. Comments submitted in response to this notice will be shared among the agencies. All comments will become a matter of public record. Board of Governors of the Federal Reserve System, May 1, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015-10600 Filed 5-5-15; 8:45 am] BILLING CODE 6210-01-P
![26050 Federal Register / Vol. 80, No. 87 / Wednesday, May 6, 2015 / Notices
Development Officer) P.O. Box 442, St. for U.S. Branches and Agencies of of the Chief Data Officer, Board of
Louis, Missouri 63166–2034: Foreign Banks (FFIEC 019), which are Governors of the Federal Reserve
1. M&P Community Bancshares, Inc., currently approved information System, 20th and C Streets NW.,
401(k) Employee Stock Ownership Plan, collections. The Board is publishing this Washington, DC 20551.
Newport, Arkansas; to acquire no more proposal on behalf of the agencies. At Telecommunications Device for the Deaf
than 37 percent of the voting shares of the end of the comment period, the (TDD) users may call 202–263–4869.
M&P Community Bancshares, Inc., and comments and recommendations SUPPLEMENTARY INFORMATION:
thereby indirectly acquire voting shares received will be analyzed to determine
of Merchants & Planters Bank, both in the extent to which the FFIEC and the Proposal To Extend for Three Years,
Newport, Arkansas. agencies should modify the reports. The Without Revision, the Following
C. Federal Reserve Bank of Kansas Board will then submit the reports to Currently Approved Collections of
City (Dennis Denney, Assistant Vice OMB for review and approval. Information
President) 1 Memorial Drive, Kansas DATES: Comments must be submitted on 1. Report titles: Report of Assets and
City, Missouri 64198–0001: or before July 6, 2015. Liabilities of U.S. Branches and
1. UniBanc Corp., Maywood, Agencies of Foreign Banks; Report of
ADDRESSES: Interested parties are
Nebraska; to acquire 100 percent of the Assets and Liabilities of a Non-U.S.
voting shares of Bank of Stapleton, invited to submit written comments to
the agency listed below. All comments Branch that is Managed or Controlled by
Stapleton, Nebraska. a U.S. Branch or Agency of a Foreign
In connection with this application, will be shared among the agencies. You
may submit comments, identified by (Non-U.S.) Bank.
Applicant also has applied to acquire Agency form numbers: FFIEC 002;
Stapleton Investment Company, FFIEC 002, FFIEC 002S, or FFIEC 019,
FFIEC 002S.
Stapleton, Nebraska, and thereby engage by any of the following methods: OMB control number: 7100–0032.
in general insurance activities in a town • Agency Web site: http:// Frequency of response: Quarterly.
with a population of less than 5,000, www.federalreserve.gov. Follow the Affected public: U.S. branches and
pursuant to section 225.28(b)(11)(iii)(A). instructions for submitting comments agencies of foreign banks.
on the http://www.federalreserve.gov/ Number of respondents: FFIEC 002—
Board of Governors of the Federal Reserve apps/foia/proposedregs.aspx.
System, May 1, 2015. 223; FFIEC 002S—49.
• Federal eRulemaking Portal: http:// Estimated average time per response:
Margaret McCloskey Shanks, www.regulations.gov. Follow the FFIEC 002—25.43 hours; FFIEC 002S—
Deputy Secretary of the Board. instructions for submitting comments. 6.0 hours.
[FR Doc. 2015–10591 Filed 5–5–15; 8:45 am] • Email: regs.comments@ Estimated total annual burden: FFIEC
BILLING CODE 6210–01–P federalreserve.gov. Include the OMB 002—22,684 hours; FFIEC 002S—1,176
control numbers in the subject line of hours.
the message. General description of reports: These
FEDERAL RESERVE SYSTEM • FAX: 202–452–3819 or 202–452– information collections are mandatory
3102. (12 U.S.C. 3105(c)(2), 1817(a)(1) and (3),
Proposed Agency Information • Mail: Robert deV. Frierson, and 3102(b)). Except for select sensitive
Collection Activities: Comment Secretary, Board of Governors of the items, the FFIEC 002 is not given
Request Federal Reserve System, 20th Street and confidential treatment; the FFIEC 002S
AGENCY: Board of Governors of the Constitution Avenue NW., Washington, is given confidential treatment (5 U.S.C.
Federal Reserve System (Board). DC 20551. 552(b)(4) and (8)).
All public comments are available Abstract: On a quarterly basis, all U.S.
ACTION: Notice and request for comment.
from the Board’s Web site at http:// branches and agencies of foreign banks
SUMMARY: In accordance with the www.federalreserve.gov/apps/foia/ are required to file the FFIEC 002,
requirements of the Paperwork proposedregs.aspx as submitted, unless which is a detailed report of condition
Reduction Act of 1995 (44 U.S.C. modified for technical reasons. with a variety of supporting schedules.
chapter 35), the Board, the Federal Accordingly, your comments will not be This information is used to fulfill the
Deposit Insurance Corporation (FDIC), edited to remove any identifying or supervisory and regulatory requirements
and the Office of the Comptroller of the contact information. Public comments of the International Banking Act of
Currency (OCC) (collectively, the may also be viewed electronically or in 1978. The data are also used to augment
agencies) may not conduct or sponsor, paper form in Room 3515, 1801 K Street the bank credit, loan, and deposit
and the respondent is not required to (between 18th and 19th Streets NW.), information needed for monetary policy
respond to, an information collection Washington, DC 20006, between 9 a.m. and other public policy purposes. The
unless it displays a currently valid and 5 p.m. on weekdays. FFIEC 002S is a supplement to the
Office of Management and Budget Additionally, commenters may send a FFIEC 002 that collects information on
(OMB) control number. The Federal copy of their comments to the OMB assets and liabilities of any non-U.S.
Financial Institutions Examination desk officer for the agencies by mail to branch that is managed or controlled by
Council (FFIEC), of which the agencies the Office of Information and Regulatory a U.S. branch or agency of the foreign
are members, has approved the Affairs, U.S. Office of Management and bank. Managed or controlled means that
agencies’ publication for public Budget, New Executive Office Building, a majority of the responsibility for
comment of a proposal to extend, Room 10235, 725 17th Street NW., business decisions, including but not
without revision, the Report of Assets Washington, DC 20503; by fax to (202) limited to decisions with regard to
tkelley on DSK3SPTVN1PROD with NOTICES
and Liabilities of U.S. Branches and 395–6974; or by email to oira_ lending or asset management or funding
Agencies of Foreign Banks (FFIEC 002), submission@omb.eop.gov. or liability management, or the
the Report of Assets and Liabilities of a FOR FURTHER INFORMATION CONTACT: responsibility for recordkeeping in
Non-U.S. Branch that is Managed or Additional information or a copy of the respect of assets or liabilities for that
Controlled by a U.S. Branch or Agency collections may be requested from Mark foreign branch resides at the U.S. branch
of a Foreign (Non-U.S.) Bank (FFIEC Tokarski, Federal Reserve Board Acting or agency. A separate FFIEC 002S must
002S), and the Country Exposure Report Clearance Officer, 202–452–3829, Office be completed for each managed or
VerDate Sep<11>2014 18:43 May 05, 2015 Jkt 235001 PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 E:\FR\FM\06MYN1.SGM 06MYN1](https://thefederalregister.org/doc/80_FR_26137/page/1.svg)
![Federal Register / Vol. 80, No. 87 / Wednesday, May 6, 2015 / Notices 26051
controlled non-U.S. branch. The FFIEC including whether the information has laboratories; infection control
002S must be filed quarterly along with practical utility; professionals; and healthcare providers.
the U.S. branch or agency’s FFIEC 002. b. The accuracy of the agencies’ EIPs assist in local, state, and national
The data from both reports are used for estimate of the burden of the efforts to prevent, control, and monitor
(1) monitoring deposit and credit information collections, including the the public health impact of infectious
transactions of U.S. residents; (2) validity of the methodology and diseases through population-based
monitoring the impact of policy assumptions used; surveillance.
changes; (3) analyzing structural issues c. Ways to enhance the quality, DATES: Written comments must be
concerning foreign bank activity in U.S. utility, and clarity of the information to received on or before July 6, 2015.
markets; (4) understanding flows of be collected;
ADDRESSES: You may submit comments,
banking funds and indebtedness of d. Ways to minimize the burden of the
identified by Docket No. CDC–2015–
developing countries in connection with information collections on respondents,
0030 by any of the following methods:
data collected by the International including through the use of automated
• Federal eRulemaking Portal:
Monetary Fund and the Bank for collection techniques or other forms of
Regulation.gov. Follow the instructions
International Settlements that are used information technology; and
for submitting comments.
in economic analysis; and (5) assisting e. Estimates of capital or start up costs
• Mail: Leroy A. Richardson,
in the supervision of U.S. offices of and costs of operation, maintenance,
Information Collection Review Office,
foreign banks. The Federal Reserve and purchase of services to provide
Centers for Disease Control and
System collects and processes these information.
Prevention, 1600 Clifton Road NE., MS–
reports on behalf of all three agencies. Comments submitted in response to
D74, Atlanta, Georgia 30329.
No changes are proposed to the FFIEC this notice will be shared among the
Instructions: All submissions received
002 and FFIEC 002S reporting forms or agencies. All comments will become a
must include the agency name and
instructions. matter of public record.
Docket Number. All relevant comments
2. Report title: Country Exposure Board of Governors of the Federal Reserve received will be posted without change
Report for U.S. Branches and Agencies System, May 1, 2015. to Regulations.gov, including any
of Foreign Banks. Robert deV. Frierson, personal information provided. For
Agency form number: FFIEC 019. Secretary of the Board. access to the docket to read background
OMB control number: 7100–0213. [FR Doc. 2015–10600 Filed 5–5–15; 8:45 am] documents or comments received, go to
Frequency of response: Quarterly. Regulations.gov.
BILLING CODE 6210–01–P
Affected public: U.S. branches and
agencies of foreign banks. Please note: All public comment should be
submitted through the Federal eRulemaking
Number of respondents: 167. portal (Regulations.gov) or by U.S. mail to the
DEPARTMENT OF HEALTH AND
Estimated average time per response: address listed above.
HUMAN SERVICES
10 hours.
Estimated total annual burden: 6,680 FOR FURTHER INFORMATION CONTACT: To
Centers for Disease Control and
hours. request more information on the
Prevention
General description of report: This proposed project or to obtain a copy of
information collection is mandatory (12 [60-Day–15–0978; Docket No. CDC–2015– the information collection plan and
U.S.C. 3906 for all agencies); 12 U.S.C. 0030] instruments, contact the Information
3105 and 3108 for the Board; 12 U.S.C. Collection Review Office, Centers for
Proposed Data Collection Submitted Disease Control and Prevention, 1600
1817 and 1820 for the FDIC; and 12 for Public Comment and
U.S.C. 161 for the OCC. This Clifton Road NE., MS–D74, Atlanta,
Recommendations Georgia 30329; phone: 404–639–7570;
information collection is given
confidential treatment under the AGENCY: Centers for Disease Control and Email: omb@cdc.gov.
Freedom of Information Act (5 U.S.C. Prevention (CDC), Department of Health SUPPLEMENTARY INFORMATION: Under the
552(b)(8)). and Human Services (HHS). Paperwork Reduction Act of 1995 (PRA)
Abstract: All individual U.S. branches ACTION: Notice with comment period. (44 U.S.C. 3501–3520), Federal agencies
and agencies of foreign banks that have must obtain approval from the Office of
more than $30 million in direct claims SUMMARY: The Centers for Disease Management and Budget (OMB) for each
on residents of foreign countries must Control and Prevention (CDC), as part of collection of information they conduct
file the FFIEC 019 report quarterly. its continuing efforts to reduce public or sponsor. In addition, the PRA also
Currently, all respondents report burden and maximize the utility of requires Federal agencies to provide a
adjusted exposure amounts to the five government information, invites the 60-day notice in the Federal Register
largest countries having at least $20 general public and other Federal concerning each proposed collection of
million in total adjusted exposure. The agencies to take this opportunity to information, including each new
agencies collect this data to monitor the comment on proposed and/or proposed collection, each proposed
extent to which such branches and continuing information collections, as extension of existing collection of
agencies are pursuing prudent country required by the Paperwork Reduction information, and each reinstatement of
risk diversification policies and limiting Act of 1995. This notice invites previously approved information
potential liquidity pressures. No comment on the proposed information collection before submitting the
changes are proposed to the FFIEC 019 collection for the Emerging Infections collection to OMB for approval. To
tkelley on DSK3SPTVN1PROD with NOTICES
reporting form or instructions. Program. The Emerging Infections comply with this requirement, we are
Programs (EIPs) are population-based publishing this notice of a proposed
Request for Comment centers of excellence established data collection as described below.
Comments are invited on: through a network of state health Comments are invited on: (a) Whether
a. Whether the information departments collaborating with the proposed collection of information
collections are necessary for the proper academic institutions; local health is necessary for the proper performance
performance of the agencies’ functions, departments; public health and clinical of the functions of the agency, including
VerDate Sep<11>2014 18:43 May 05, 2015 Jkt 235001 PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 E:\FR\FM\06MYN1.SGM 06MYN1](https://thefederalregister.org/doc/80_FR_26137/page/2.svg)
Document Created: 2015-12-16 07:41:14
Document Modified: 2015-12-16 07:41:14
| 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 comment. | |
| Dates | Comments must be submitted on or before July 6, 2015. | |
| Contact | Additional information or a copy of the collections may be requested from Mark Tokarski, Federal Reserve Board Acting Clearance Officer, 202-452-3829, Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, 20th and C Streets NW., Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may call 202-263-4869. | |
| FR Citation | 80 FR 26050 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR