80 FR 76490 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 236 (December 9, 2015)

Page Range		76490-76491
FR Document		2015-31039

Notice is hereby given of the final approval of a proposed information collection by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority. 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 instrument(s) 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 236 (Wednesday, December 9, 2015)

[Federal Register Volume 80, Number 236 (Wednesday, December 9, 2015)]
[Notices]
[Pages 76490-76491]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-31039]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: Notice is hereby given of the final approval of a proposed 
information collection by the Board of Governors of the Federal Reserve 
System (Board) under OMB delegated authority. 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 instrument(s) 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.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer --Nuha Elmaghrabi-- 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.
    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.
    Final approval under OMB delegated authority of the extension for 
three years, without revision, of the following report:
    Report title: Requirements for Disclosure and Reporting of 
Community Reinvestment Act (CRA)-Related Agreements (Regulation G).
    Agency form number: Reg G.
    OMB control number: 7100-0299.
    Frequency: On occasion and annual.
    Reporters: State member banks and their subsidiaries; bank holding 
companies; savings and loan holding companies; and affiliates of bank 
holding companies and savings and loan holding institutions, other than 
banks, savings associations and subsidiaries of banks and savings 
associations; and nongovernmental entities or persons (NGEPs) that 
enter into covered agreements with any of the aforementioned companies.
    Estimated annual reporting hours: Disclosure burden for insured 
depository institutions (IDI) and affiliates: Covered agreements to 
public, 6 hours; and Agreements relating to activities of CRA 
affiliates, 6 hours; Reporting burden for IDI and affiliates: Copy of 
agreements to agency, 8 hours; List of agreements to agency, 8 hours; 
Annual report, 8 hours; and Filing NGEP annual report, 6 hours; 
Disclosure burden for NGEP: Covered agreements to public, 6 hours; 
Reporting burden for NGEP: Copy of agreements to agency, 6 hours; and 
Annual report, 24 hours.
    Estimated average hours per response: Disclosure burden for IDI and 
affiliates: Covered agreements to public, 1 hour; and Agreements 
relating to activities of CRA affiliates, 1 hour; Reporting burden for 
IDI and affiliates: Copy of agreements to agency, 1 hour; List of 
agreements to agency, 1 hour; Annual report, 4 hours; and Filing NGEP 
annual report, 1 hour; Disclosure burden for NGEP: Covered agreements 
to public, 1 hour; Reporting burden for NGEP: Copy of agreements to 
agency, 1 hour; and Annual report, 4 hours.
    Number of respondents: Disclosure burden for IDI and affiliates: 
Covered agreements to public, 2 respondents; and Agreements relating to 
activities of CRA affiliates, 2 respondents; Reporting burden for IDI 
and affiliates: Copy of agreements to agency, 2 respondents; List of 
agreements to agency, 2 respondents; Annual report, 2 respondents; and 
Filing NGEP annual report, 2 respondents; Disclosure burden for NGEP: 
Covered agreements to public, 6 respondents; Reporting burden for NGEP: 
Copy of agreements to agency, 6 respondents; and Annual report, 6 
respondents.
    General description of report: This information collection is 
mandatory pursuant to Section 48 of the Federal Deposit Insurance Act 
(12 U.S.C. 1831y). The Board does not generally consider the 
information obtained under Regulation G to be confidential. However, a 
respondent may request confidential treatment under section (b)(4) of 
the Freedom of Information Act (FOIA). Section (b)(4) provides an 
exemption for ``trade secrets and commercial or financial information 
obtained from a person and privileged or confidential'' (5 U.S.C. 
552(b)(4)). In order for a respondent to avail itself of this 
exemption, the respondent would have to show that the release of 
information would likely cause substantial harm to their competitive 
position. In addition, the information obtained under Regulation G may 
in appropriate circumstances also be withheld pursuant to section 
(b)(8) of the FOIA, which exempts information contained in 
``examination, operating, or condition reports prepared by, on behalf 
of, or for the use of an agency responsible for the regulation or 
supervision of financial institutions'' (5 U.S.C. 552(b)(8)).
    Abstract: Regulation G implements provisions of the Gramm-Leach-
Bliley Act (GLBA) that require reporting and public disclosure of 
written agreements between (1) IDIs or their affiliates and (2) NGEPs, 
that are made in connection with the fulfillment of CRA

[[Page 76491]]

requirements.\1\ The GLBA requires both IDIs and NGEPs to make a copy 
of any CRA-Related agreement available upon request and file an annual 
report with each relevant supervisory agency regarding the use of funds 
under such agreement for that fiscal year. In addition, an IDI and 
affiliate must provide to the relevant supervisory agency each calendar 
quarter a list of all CRA-related agreements entered into during the 
quarter with a copy of the agreement.
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    \1\ 12 U.S.C. 2901 et seq.
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    Current Actions: On September 23, 2015 the Federal Reserve 
published a notice in the Federal Register (80 FR 57374) requesting 
public comment for 60 days on the extension, without revision, of the 
Requirements for Disclosure and Reporting of CRA-Related Agreements 
(Regulation G). The comment period for this notice expired on November 
23, 2015. The Federal Reserve did not receive any comments. The 
information collection will be extended for three years, without 
revision, as proposed.

    Board of Governors of the Federal Reserve System, December 4, 
2015.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2015-31039 Filed 12-8-15; 8:45 am]
BILLING CODE 6210-01-P

76490 Federal Register / Vol. 80, No. 236 / Wednesday, December 9, 2015 / Notices

Title: CMA CGM/COSCON Slot approved collections of information are Estimated average hours per response:
Exchange Agreement Asia—U.S. West incorporated into the official OMB Disclosure burden for IDI and affiliates:
Coast. inventory of currently approved Covered agreements to public, 1 hour;
Parties: CMA CGM S.A. and COSCO collections of information. Copies of the and Agreements relating to activities of
Container Lines Company, Limited. Paperwork Reduction Act Submission, CRA affiliates, 1 hour; Reporting burden
Filing Party: Eric. C. Jeffrey, Esq.; supporting statements and approved for IDI and affiliates: Copy of
Nixon Peabody LLP; 799 9th Street NW., collection of information instrument(s) agreements to agency, 1 hour; List of
Suite 500; Washington, DC 20001. are placed into OMB’s public docket agreements to agency, 1 hour; Annual
Synopsis: The amendment revises the files. The Federal Reserve may not report, 4 hours; and Filing NGEP annual
initial duration of the Agreement, and conduct or sponsor, and the respondent report, 1 hour; Disclosure burden for
clarifies the parties’ ability to adjust slot is not required to respond to, an NGEP: Covered agreements to public, 1
exchange amounts on an ad hoc basis. information collection that has been hour; Reporting burden for NGEP: Copy
Agreement No.: 012377. extended, revised, or implemented on or of agreements to agency, 1 hour; and
Title: MOL/NMCC/WLS/HOEGH after October 1, 1995, unless it displays Annual report, 4 hours.
Space Charter Agreement. a currently valid OMB control number. Number of respondents: Disclosure
Parties: Mitsui O.S.K. Lines, Ltd; FOR FURTHER INFORMATION CONTACT: burden for IDI and affiliates: Covered
Nissan Motor Car Carrier Co., Ltd.; Federal Reserve Board Clearance Officer agreements to public, 2 respondents;
World Logistics Service (U.S.A.), Inc.; —Nuha Elmaghrabi— Office of the Chief and Agreements relating to activities of
and Hoegh Autoliners AS. Data Officer, Board of Governors of the CRA affiliates, 2 respondents; Reporting
Filing Party: Eric. C. Jeffrey, Esq.; Federal Reserve System, Washington, burden for IDI and affiliates: Copy of
Nixon Peabody LLP; 799 9th Street NW., DC 20551 (202) 452–3829. agreements to agency, 2 respondents;
Suite 500; Washington, DC 20001. Telecommunications Device for the Deaf List of agreements to agency, 2
Synopsis: The agreement would (TDD) users may contact (202) 263– respondents; Annual report, 2
authorize the parties to charter space to/ 4869, Board of Governors of the Federal respondents; and Filing NGEP annual
from one another for the carriage of Reserve System, Washington, DC 20551. report, 2 respondents; Disclosure
vehicles and other Ro/Ro cargo in the OMB Desk Officer—Shagufta Ahmed burden for NGEP: Covered agreements
trade between the U.S. and all foreign —Office of Information and Regulatory to public, 6 respondents; Reporting
countries. Affairs, Office of Management and burden for NGEP: Copy of agreements to
Agreement No.: 012378. Budget, New Executive Office Building, agency, 6 respondents; and Annual
Title: Hoegh/Bahri General Cargo Room 10235, 725 17th Street NW., report, 6 respondents.
Middle East Space Charter Agreement. Washington, DC 20503. General description of report: This
Parties: The National Shipping Final approval under OMB delegated information collection is mandatory
Company of Saudi Arabia d/b/a Bahri authority of the extension for three pursuant to Section 48 of the Federal
AS and Hoegh Autoliners AS. years, without revision, of the following Deposit Insurance Act (12 U.S.C.
Filing Party: Wayne R. Rohde, Esq.; report: 1831y). The Board does not generally
Cozen O’Connor; 1200 19th Street NW., Report title: Requirements for consider the information obtained under
Washington, DC 20036. Disclosure and Reporting of Community Regulation G to be confidential.
Synopsis: The agreement would Reinvestment Act (CRA)-Related However, a respondent may request
authorize the parties to charter space to/ Agreements (Regulation G). confidential treatment under section
Agency form number: Reg G.
from one another in the trades between OMB control number: 7100–0299. (b)(4) of the Freedom of Information Act
all U.S. coasts and ports in countries Frequency: On occasion and annual. (FOIA). Section (b)(4) provides an
bordering on the Mediterranean Sea, Reporters: State member banks and exemption for ‘‘trade secrets and
Red Sea, Arabian Gulf, Persian Gulf, their subsidiaries; bank holding commercial or financial information
Gulf of Aden, Black Sea, Gulf of Oman, companies; savings and loan holding obtained from a person and privileged
and the Indian Ocean. companies; and affiliates of bank or confidential’’ (5 U.S.C. 552(b)(4)). In
By Order of the Federal Maritime holding companies and savings and order for a respondent to avail itself of
Commission. loan holding institutions, other than this exemption, the respondent would
Dated: December 4, 2015. banks, savings associations and have to show that the release of
Rachel E. Dickon, subsidiaries of banks and savings information would likely cause
associations; and nongovernmental substantial harm to their competitive
Assistant Secretary.
entities or persons (NGEPs) that enter position. In addition, the information
[FR Doc. 2015–31037 Filed 12–8–15; 8:45 am]
into covered agreements with any of the obtained under Regulation G may in
BILLING CODE 6731–AA–P appropriate circumstances also be
aforementioned companies.
Estimated annual reporting hours: withheld pursuant to section (b)(8) of
Disclosure burden for insured the FOIA, which exempts information
FEDERAL RESERVE SYSTEM depository institutions (IDI) and contained in ‘‘examination, operating,
affiliates: Covered agreements to public, or condition reports prepared by, on
Agency Information Collection behalf of, or for the use of an agency
Activities: Announcement of Board 6 hours; and Agreements relating to
activities of CRA affiliates, 6 hours; responsible for the regulation or
Approval Under Delegated Authority supervision of financial institutions’’ (5
and Submission to OMB Reporting burden for IDI and affiliates:
U.S.C. 552(b)(8)).
mstockstill on DSK4VPTVN1PROD with NOTICES

Copy of agreements to agency, 8 hours;
AGENCY: Board of Governors of the List of agreements to agency, 8 hours; Abstract: Regulation G implements
Federal Reserve System. Annual report, 8 hours; and Filing provisions of the Gramm-Leach-Bliley
SUMMARY: Notice is hereby given of the NGEP annual report, 6 hours; Disclosure Act (GLBA) that require reporting and
final approval of a proposed information burden for NGEP: Covered agreements public disclosure of written agreements
collection by the Board of Governors of to public, 6 hours; Reporting burden for between (1) IDIs or their affiliates and
the Federal Reserve System (Board) NGEP: Copy of agreements to agency, 6 (2) NGEPs, that are made in connection
under OMB delegated authority. Board- hours; and Annual report, 24 hours. with the fulfillment of CRA

VerDate Sep<11>2014 18:21 Dec 08, 2015 Jkt 238001 PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 E:\FR\FM\09DEN1.SGM 09DEN1

Document Created: 2015-12-14 13:32:26
Document Modified: 2015-12-14 13:32:26

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		On September 23, 2015 the Federal Reserve published a notice in the Federal Register (80 FR 57374) requesting public comment for 60 days on the extension, without revision, of the Requirements for Disclosure and Reporting of CRA-Related Agreements (Regulation G). The comment period for this notice expired on November 23, 2015. The Federal Reserve did not receive any comments. The information collection will be extended for three years, without revision, as proposed.
Contact		Federal Reserve Board Clearance Officer --Nuha Elmaghrabi-- 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.
FR Citation		80 FR 76490