80_FR_43902 80 FR 43761 - Agency Information Collection Activities: Submission for OMB Review; Comment Request

80 FR 43761 - Agency Information Collection Activities: Submission for OMB Review; Comment Request

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 80, Issue 141 (July 23, 2015)

Page Range43761-43762
FR Document2015-18016

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau) is proposing to renew the Office of Management and Budget (OMB) approval for an existing information collection, to revise an existing information collection, titled, ``Gramm-Leach-Bliley Act (Regulation P) 12 CFR 1016.''

Federal Register, Volume 80 Issue 141 (Thursday, July 23, 2015)
[Federal Register Volume 80, Number 141 (Thursday, July 23, 2015)]
[Notices]
[Pages 43761-43762]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-18016]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No: CFPB-2015-0032]


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Consumer Financial Protection Bureau (Bureau) is proposing to renew 
the Office of Management and Budget (OMB) approval for an existing 
information collection, to revise an existing information collection, 
titled, ``Gramm-Leach-Bliley Act (Regulation P) 12 CFR 1016.''

DATES: Written comments are encouraged and must be received on or 
before August 24, 2015 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the title of the 
information collection, OMB Control Number (see below), and docket 
number (see above), by any of the following methods:
     Electronic: http://www.regulations.gov. Follow the 
instructions for submitting comments.
     OMB: Office of Management and Budget, New Executive Office 
Building, Room 10235, Washington, DC 20503 or fax to (202) 395-5806. 
Mailed or faxed comments to OMB should be to the attention of the OMB 
Desk Officer for the Bureau of Consumer Financial Protection.
    Please note that comments submitted after the comment period will 
not be accepted. In general, all comments received will become public 
records, including any personal information provided. Sensitive 
personal information, such as account numbers or social security 
numbers, should not be included.

FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of 
this information collection request is available at www.reginfo.gov 
(this link active on the day following publication of this notice). 
Select ``information Collection Review,'' under ``Currently under 
review, use the dropdown menu ``Select Agency'' and select ``Consumer 
Financial Protection Bureau'' (recent submissions to OMB will be at the 
top of the list). The same documentation is also available at http://www.regulations.gov. Requests for additional information should be 
directed to the Consumer Financial Protection Bureau, (Attention: PRA 
Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or 
email: [email protected]. Please do not submit comments to this email box.

SUPPLEMENTARY INFORMATION:
    Title of Collection: Gramm-Leach-Bliley Act (Regulation P) 12 CFR 
1016.
    OMB Control Number: 3170-0010.
    Type of Review: Extension without change of an existing approved 
information collection.
    Affected Public: Businesses and other for-profit institutions.
    Estimated Number of Respondents: 29,544.
    Estimated Total Annual Burden Hours: 366,134.
    Abstract: Section 502 of the Gramm-Leach-Bliley Act (GLBA) (Pub. L. 
106-102) generally prohibits a financial institution from sharing 
nonpublic personal information about a consumer with nonaffiliated 
third parties unless the institution satisfies various disclosure 
requirements (including provision of initial privacy notices, annual 
notices, notices of revisions to the institution's privacy policy, and 
opt-out notices) and the consumer has not elected to opt out of the 
information sharing. The Bureau promulgated regulation P 12 CFR 1016 to 
implement the GLBA's notice requirements and restrictions on a 
financial institution's ability to disclose nonpublic personal 
information about consumers to nonaffiliated third parties.
    Request For Comments: The Bureau issued a 60-day Federal Register 
notice on May 7th, 2015, 80 FR 26234. Comments were solicited and 
continue to be invited on: (a) Whether the collection of information is 
necessary for the proper performance of the functions of the Bureau, 
including whether the information will have practical utility; (b) The 
accuracy of the Bureau's estimate of the burden of the collection of 
information, including the

[[Page 43762]]

validity of the methods and the assumptions used; (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. Comments submitted 
in response to this notice will be summarized and/or included in the 
request for Office of Management and Budget (OMB) approval. All 
comments will become a matter of public record.

    Dated: July 17, 2015.
Linda F. Powel,
Chief Data Officer, Bureau of Consumer Financial Protection.
[FR Doc. 2015-18016 Filed 7-22-15; 8:45 am]
 BILLING CODE 4810-AM-P



                                                                                 Federal Register / Vol. 80, No. 141 / Thursday, July 23, 2015 / Notices                                           43761

                                                  this information collection request is                   Ways to minimize the burden of the                    or social security numbers, should not
                                                  available at www.reginfo.gov (this link                  collection of information on                          be included.
                                                  active on the day following publication                  respondents, including through the use                FOR FURTHER INFORMATION CONTACT:
                                                  of this notice). Select ‘‘information                    of automated collection techniques or                 Documentation prepared in support of
                                                  Collection Review,’’ under ‘‘Currently                   other forms of information technology.                this information collection request is
                                                  under review, use the dropdown menu                      Comments submitted in response to this                available at www.reginfo.gov (this link
                                                  ‘‘Select Agency’’ and select ‘‘Consumer                  notice will be summarized and/or                      active on the day following publication
                                                  Financial Protection Bureau’’ (recent                    included in the request for Office of                 of this notice). Select ‘‘information
                                                  submissions to OMB will be at the top                    Management and Budget (OMB)                           Collection Review,’’ under ‘‘Currently
                                                  of the list). The same documentation is                  approval. All comments will become a                  under review, use the dropdown menu
                                                  also available at http://                                matter of public record.                              ‘‘Select Agency’’ and select ‘‘Consumer
                                                  www.regulations.gov. Requests for                          Dated: July 17, 2015.                               Financial Protection Bureau’’ (recent
                                                  additional information should be                         Linda F. Powell,                                      submissions to OMB will be at the top
                                                  directed to the Consumer Financial                                                                             of the list). The same documentation is
                                                                                                           Chief Data Officer, Bureau of Consumer
                                                  Protection Bureau, (Attention: PRA                       Financial Protection.                                 also available at http://
                                                  Office), 1700 G Street NW., Washington,                                                                        www.regulations.gov. Requests for
                                                                                                           [FR Doc. 2015–18014 Filed 7–22–15; 8:45 am]
                                                  DC 20552, (202) 435–9575, or email:                                                                            additional information should be
                                                                                                           BILLING CODE 4810–AM–P
                                                  PRA@cfpb.gov. Please do not submit                                                                             directed to the Consumer Financial
                                                  comments to this email box.                                                                                    Protection Bureau, (Attention: PRA
                                                  SUPPLEMENTARY INFORMATION:                               BUREAU OF CONSUMER FINANCIAL                          Office), 1700 G Street NW., Washington,
                                                     Title of Collection: Consumer Leasing                 PROTECTION                                            DC 20552, (202) 435–9575, or email:
                                                  Act (Regulation M) 12 CFR 1013.                                                                                PRA@cfpb.gov. Please do not submit
                                                     OMB Control Number: 3170–0006.                        [Docket No: CFPB–2015–0032]                           comments to this email box.
                                                     Type of Review: Extension without                                                                           SUPPLEMENTARY INFORMATION:
                                                                                                           Agency Information Collection
                                                  change of a currently approved                                                                                    Title of Collection: Gramm-Leach-
                                                                                                           Activities: Submission for OMB
                                                  collection.                                                                                                    Bliley Act (Regulation P) 12 CFR 1016.
                                                                                                           Review; Comment Request
                                                     Affected Public: Businesses and other                                                                          OMB Control Number: 3170–0010.
                                                  for-profit institutions.                                 AGENCY:  Bureau of Consumer Financial                    Type of Review: Extension without
                                                     Estimated Number of Respondents:                      Protection.                                           change of an existing approved
                                                  13,718.                                                  ACTION: Notice and request for comment.               information collection.
                                                     Estimated Total Annual Burden                                                                                  Affected Public: Businesses and other
                                                  Hours: 5,018.                                            SUMMARY:   In accordance with the                     for-profit institutions.
                                                     Abstract: Consumers rely upon the                     Paperwork Reduction Act of 1995                          Estimated Number of Respondents:
                                                  disclosures required by the Consumer                     (PRA), the Consumer Financial                         29,544.
                                                  Leasing Act, 15 U.S.C. 1667 et seq.                      Protection Bureau (Bureau) is proposing                  Estimated Total Annual Burden
                                                  (CLA) and Regulation M, 12 CFR 1013,                     to renew the Office of Management and                 Hours: 366,134.
                                                  for information to comparison shop                       Budget (OMB) approval for an existing                    Abstract: Section 502 of the Gramm-
                                                  among leases, as well as to ascertain the                information collection, to revise an                  Leach-Bliley Act (GLBA) (Pub. L. 106–
                                                  true costs and terms of lease offers.                    existing information collection, titled,              102) generally prohibits a financial
                                                  Federal and state enforcement and                        ‘‘Gramm-Leach-Bliley Act (Regulation                  institution from sharing nonpublic
                                                  private litigants use the records to                     P) 12 CFR 1016.’’                                     personal information about a consumer
                                                  ascertain whether accurate and                           DATES: Written comments are                           with nonaffiliated third parties unless
                                                  complete disclosures of the cost of                      encouraged and must be received on or                 the institution satisfies various
                                                  leases have been provided to consumers                   before August 24, 2015 to be assured of               disclosure requirements (including
                                                  prior to consummation of the lease. This                 consideration.                                        provision of initial privacy notices,
                                                  information provides the primary                         ADDRESSES: You may submit comments,                   annual notices, notices of revisions to
                                                  evidence of law violations in CLA                        identified by the title of the information            the institution’s privacy policy, and opt-
                                                  enforcement actions brought by federal                   collection, OMB Control Number (see                   out notices) and the consumer has not
                                                  agencies. Without Regulation M’s                         below), and docket number (see above),                elected to opt out of the information
                                                  recordkeeping requirement, the                           by any of the following methods:                      sharing. The Bureau promulgated
                                                  agencies’ ability to enforce the CLA                        • Electronic: http://                              regulation P 12 CFR 1016 to implement
                                                  would be significantly impaired.                         www.regulations.gov. Follow the                       the GLBA’s notice requirements and
                                                     Request for Comments: The Bureau                      instructions for submitting comments.                 restrictions on a financial institution’s
                                                  issued a 60-day Federal Register notice                     • OMB: Office of Management and                    ability to disclose nonpublic personal
                                                  on May 4, 2015 (80 FR 25281).                            Budget, New Executive Office Building,                information about consumers to
                                                  Comments were solicited and continue                     Room 10235, Washington, DC 20503 or                   nonaffiliated third parties.
                                                  to be invited on: (a) Whether the                        fax to (202) 395–5806. Mailed or faxed                   Request For Comments: The Bureau
                                                  collection of information is necessary                   comments to OMB should be to the                      issued a 60-day Federal Register notice
                                                  for the proper performance of the                        attention of the OMB Desk Officer for                 on May 7th, 2015, 80 FR 26234.
                                                  functions of the Bureau, including                       the Bureau of Consumer Financial                      Comments were solicited and continue
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                                                  whether the information will have                        Protection.                                           to be invited on: (a) Whether the
                                                  practical utility; (b) The accuracy of the                  Please note that comments submitted                collection of information is necessary
                                                  Bureau’s estimate of the burden of the                   after the comment period will not be                  for the proper performance of the
                                                  collection of information, including the                 accepted. In general, all comments                    functions of the Bureau, including
                                                  validity of the methods and the                          received will become public records,                  whether the information will have
                                                  assumptions used; (c) Ways to enhance                    including any personal information                    practical utility; (b) The accuracy of the
                                                  the quality, utility, and clarity of the                 provided. Sensitive personal                          Bureau’s estimate of the burden of the
                                                  information to be collected; and (d)                     information, such as account numbers                  collection of information, including the


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                                                  43762                          Federal Register / Vol. 80, No. 141 / Thursday, July 23, 2015 / Notices

                                                  validity of the methods and the                          including any personal information                    assumptions used; (c) Ways to enhance
                                                  assumptions used; (c) Ways to enhance                    provided. Sensitive personal                          the quality, utility, and clarity of the
                                                  the quality, utility, and clarity of the                 information, such as account numbers                  information to be collected; and (d)
                                                  information to be collected; and (d)                     or social security numbers, should not                Ways to minimize the burden of the
                                                  Ways to minimize the burden of the                       be included.                                          collection of information on
                                                  collection of information on                             FOR FURTHER INFORMATION CONTACT:                      respondents, including through the use
                                                  respondents, including through the use                   Documentation prepared in support of                  of automated collection techniques or
                                                  of automated collection techniques or                    this information collection request is                other forms of information technology.
                                                  other forms of information technology.                   available at www.reginfo.gov (this link               Comments submitted in response to this
                                                  Comments submitted in response to this                   active on the day following publication               notice will be summarized and/or
                                                  notice will be summarized and/or                         of this notice). Select ‘‘information                 included in the request for Office of
                                                  included in the request for Office of                    Collection Review,’’ under ‘‘Currently                Management and Budget (OMB)
                                                  Management and Budget (OMB)                              under review, use the dropdown menu                   approval. All comments will become a
                                                  approval. All comments will become a                     ‘‘Select Agency’’ and select ‘‘Consumer               matter of public record.
                                                  matter of public record.                                 Financial Protection Bureau’’ (recent                   Dated: July 17, 2015.
                                                    Dated: July 17, 2015.                                  submissions to OMB will be at the top                 Linda F. Powell,
                                                  Linda F. Powel,                                          of the list). The same documentation is               Chief Data Officer, Bureau of Consumer
                                                  Chief Data Officer, Bureau of Consumer                   also available at http://                             Financial Protection.
                                                  Financial Protection.                                    www.regulations.gov. Requests for                     [FR Doc. 2015–18015 Filed 7–22–15; 8:45 am]
                                                  [FR Doc. 2015–18016 Filed 7–22–15; 8:45 am]              additional information should be                      BILLING CODE 4810–AM–P

                                                  BILLING CODE 4810–AM–P
                                                                                                           directed to the Consumer Financial
                                                                                                           Protection Bureau, (Attention: PRA
                                                                                                           Office), 1700 G Street NW., Washington,               DEPARTMENT OF DEFENSE
                                                  BUREAU OF CONSUMER FINANCIAL                             DC 20552, (202) 435–9575, or email:
                                                  PROTECTION                                               PRA@cfpb.gov. Please do not submit                    Office of the Secretary
                                                                                                           comments to this email box.
                                                  [Docket No: CFPB–2015–0034]                                                                                    [Docket ID: DoD–2014–OS–0157]
                                                                                                           SUPPLEMENTARY INFORMATION:
                                                  Agency Information Collection                               Title of Collection: Mortgage                      Submission for OMB Review;
                                                  Activities: Submission for OMB                           Assistance Relief Services (Regulation                Comment Request
                                                  Review; Comment Request                                  O) 12 CFR part 1015.
                                                                                                              OMB Control Number: 3170–0007.                     ACTION:   Notice.
                                                  AGENCY:  Bureau of Consumer Financial                       Type of Review: Extension without
                                                  Protection.                                                                                                    SUMMARY:    The Department of Defense
                                                                                                           change of a currently approved
                                                                                                                                                                 has submitted to OMB for clearance, the
                                                  ACTION: Notice and request for comment.                  collection.
                                                                                                                                                                 following proposal for collection of
                                                                                                              Affected Public: Businesses and other
                                                  SUMMARY:   In accordance with the                                                                              information under the provisions of the
                                                                                                           for-profit institutions.
                                                  Paperwork Reduction Act of 1995                                                                                Paperwork Reduction Act.
                                                                                                              Estimated Number of Respondents:
                                                  (PRA), the Consumer Financial                                                                                  DATES: Consideration will be given to all
                                                                                                           107.
                                                  Protection Bureau (Bureau) is proposing                     Estimated Total Annual Burden                      comments received by August 24, 2015.
                                                  to renew the Office of Management and                    Hours: 322.                                           FOR FURTHER INFORMATION CONTACT: Fred
                                                  Budget (OMB) approval for an existing                       Abstract: The required disclosures                 Licari, 571–372–0493.
                                                  information collection titled,’’ Mortgage                under Regulation O (12 CFR 101) assist                SUPPLEMENTARY INFORMATION:
                                                  Assistance Relief Services (Regulation                   prospective purchasers of mortgage                       Title, Associated Form and OMB
                                                  O) 12 CFR part 1015.’’                                   assistance relief services (MARS) in                  Number: AFNConnect (AFNC); OMB
                                                  DATES: Written comments are                              making well-informed decisions and                    Control Number 0704–TBD.
                                                  encouraged and must be received on or                    avoiding deceptive and unfair acts and                   Type of Request: New.
                                                  before August 24, 2015 to be assured of                  practices. The information that must be                  Number of Respondents: 700.
                                                                                                                                                                    Responses per Respondent: 1.
                                                  consideration.                                           kept under Regulation O’s                                Annual Responses: 60.
                                                  ADDRESSES: You may submit comments,                      recordkeeping requirements is used by                    Average Burden per Response: 10
                                                  identified by the title of the information               the CFPB and the Federal Trade                        minutes.
                                                  collection, OMB Control Number (see                      Commission for enforcement purposes                      Annual Burden Hours: 116.67.
                                                  below), and docket number (see above),                   and to ensure compliance by MARS                         Needs and Uses: The information
                                                  by any of the following methods:                         providers with Regulation O. The                      collection requirement is necessary to
                                                    • Electronic: http://                                  information is requested only on a case-              obtain and audit the eligibility of DoD
                                                  www.regulations.gov. Follow the                          by-case basis.                                        Employees, DoD contractors,
                                                  instructions for submitting comments.                       Request for Comments: The Bureau                   Department of State (DoS) employees,
                                                    • OMB: Office of Management and                        issued a 60-day Federal Register notice               military personnel (including retirees
                                                  Budget, New Executive Office Building,                   on May 4, 2015 (80 FR 25282).                         and active reservists) and their family
                                                  Room 10235, Washington, DC 20503 or                      Comments were solicited and continue                  members OCONUS to receive restricted
                                                  fax to (202) 395–5806. Mailed or faxed                   to be invited on: (a) Whether the                     American Forces Radio and Television
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                                                  comments to OMB should be to the                         collection of information is necessary                Service (AFRTS) programming services
                                                  attention of the OMB Desk Officer for                    for the proper performance of the                     (i.e., radio, television, and web
                                                  the Bureau of Consumer Financial                         functions of the Bureau, including                    streaming services). Demographic data
                                                  Protection.                                              whether the information will have                     will also be collected to ensure DMA
                                                     Please note that comments submitted                   practical utility; (b) The accuracy of the            provides its services in the most
                                                  after the comment period will not be                     Bureau’s estimate of the burden of the                efficient and cost effective manner.
                                                  accepted. In general, all comments                       collection of information, including the                 Affected Public: Individuals or
                                                  received will become public records,                     validity of the methods and the                       Households.


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Document Created: 2015-12-15 12:53:40
Document Modified: 2015-12-15 12:53:40
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
ActionNotice and request for comment.
DatesWritten comments are encouraged and must be received on or before August 24, 2015 to be assured of consideration.
ContactDocumentation prepared in support of this information collection request is available at www.reginfo.gov (this link active on the day following publication of this notice). Select ``information Collection Review,'' under ``Currently under review, use the dropdown menu ``Select Agency'' and select ``Consumer Financial Protection Bureau'' (recent submissions to OMB will be at the top of the list). The same documentation is also available at http:// www.regulations.gov. Requests for additional information should be directed to the Consumer Financial Protection Bureau, (Attention: PRA Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or email: [email protected] Please do not submit comments to this email box.
FR Citation80 FR 43761 

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