81 FR 12477 - Credit Union Advisory Council Meeting
BUREAU OF CONSUMER FINANCIAL PROTECTION Federal Register Volume 81, Issue 46 (March 9, 2016)
Federal Register Volume 81, Issue 46 (March 9, 2016)
| Page Range | 12477-12478 | |
| FR Document | 2016-05253 |
[Federal Register Volume 81, Number 46 (Wednesday, March 9, 2016)] [Notices] [Pages 12477-12478] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-05253] ======================================================================= ----------------------------------------------------------------------- BUREAU OF CONSUMER FINANCIAL PROTECTION Credit Union Advisory Council Meeting AGENCY: Bureau of Consumer Financial Protection. ACTION: Notice of public meeting. ----------------------------------------------------------------------- SUMMARY: This notice sets forth the announcement of a public meeting of the Credit Union Advisory Council (CUAC or Council) of the Consumer Financial Protection Bureau (Bureau). The notice also describes the functions of the Council. Notice of the meeting is permitted by Section 9 of the CUAC Charter and is intended to notify the public of this meeting. Specifically, Section 9(d) of the CUAC Charter states: (1) Each meeting of the Council shall be open to public observation, to the extent that a facility is available to accommodate the public, unless the Bureau, in accordance with paragraph (4) of this section, determines that the meeting shall be closed. The Bureau also will make reasonable efforts to make the meetings available to the public through live recording. (2) Notice of the time, place and purpose of each meeting, as well as a summary of the proposed agenda, shall be published in the Federal Register not more than 45 or less than 15 days prior to the scheduled meeting date. Shorter notice may be given when the Bureau determines that the Council's business so requires; in such event, the public will be given notice at the earliest practicable time. (3) Minutes of meetings, records, reports, studies, and agenda of the Council shall be posted on the Bureau's Web site (www.consumerfinance.gov). (4) The Bureau may close to the public a portion of any meeting, for confidential discussion. If the Bureau closes a meeting or any portion of a meeting, the Bureau will issue, at least annually, a summary of the Council's activities during such closed meetings or portions of meetings. DATES: The meeting date is Thursday, March 24, 2016, 3 p.m. to 4:30 p.m. eastern daylight time. ADDRESSES: The meeting location is the Consumer Financial Protection Bureau, 1275 First Street NE., Washington, DC 20002. FOR FURTHER INFORMATION CONTACT: Crystal Dully, Outreach and Engagement Associate, 202-435-9588, [email protected], Consumer Advisory Board and Councils Office, External Affairs, 1275 First Street NE., Washington, DC 20002. SUPPLEMENTARY INFORMATION: I. Background Section 2 of the CUAC Charter provides: ``Pursuant to the executive and administrative powers conferred on the Consumer Financial Protection Bureau (CFPB or Bureau) by Section 1012 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), the Director established the Credit Union Advisory Council to consult with the Bureau in the exercise of its functions under the federal consumer financial laws as they pertain to credit unions with total assets of $10 billion or less.'' Section 3 of the CUAC Charter states: ``(a) The CFPB supervises depository institutions and credit unions with total assets of more than $10 billion and their respective affiliates, but other than the [[Page 12478]] limited authority conferred by Sec. 1026 of the Dodd-Frank Act, the CFPB does not have supervisory authority regarding credit unions and depository institutions with total assets of $10 billion or less. As a result, the CFPB does not have regular contact with these institutions, and it would therefore be beneficial to create a mechanism to ensure that their unique perspectives are shared with the Bureau. Small Business Regulatory Enforcement Fairness Act (SBREFA) panels provide one avenue to gather this input, but participants from credit unions must possess no more than $175 million in assets, which precludes the participation of many. (b) The Advisory Council shall fill this gap by providing an interactive dialogue and exchange of ideas and experiences between credit union employees and Bureau staff. (c) The Advisory Council shall advise generally on the Bureau's regulation of consumer financial products or services and other topics assigned to it by the Director. To carry out the Advisory Council's purpose, the scope of its activities shall include providing information, analysis, and recommendations to the Bureau. The output of Advisory Council meetings should serve to better inform the CFPB's policy development, rulemaking, and engagement functions.'' II. Agenda The Credit Union Advisory Council will discuss the CFPB strategic outlook and elder financial abuse. Persons who need a reasonable accommodation to participate should contact [email protected], 202-435-9EEO, 1-855-233-0362, or 202-435-9742 (TTY) at least ten business days prior to the meeting or event to request assistance. The request must identify the date, time, location, and title of the meeting or event, the nature of the assistance requested, and contact information for the requester. CFPB will strive to provide, but cannot guarantee that accommodation will be provided for late requests. Individuals who wish to attend the Credit Union Advisory Council meeting must RSVP to [email protected] by noon, Wednesday, March 23, 2016. Members of the public must RSVP by the due date and must include ``CUAC'' in the subject line of the RSVP. III. Availability The Council's agenda will be made available to the public on Wednesday, March 9, 2016, via consumerfinance.gov. Individuals should express in their RSVP if they require a paper copy of the agenda. A recording and transcript of this meeting will be available after the meeting on the CFPB's Web site consumerfinance.gov. Dated: March 4, 2016. Christopher D'Angelo, Chief of Staff, Bureau of Consumer Financial Protection. [FR Doc. 2016-05253 Filed 3-8-16; 8:45 am] BILLING CODE 4810-AM-P
![Federal Register / Vol. 81, No. 46 / Wednesday, March 9, 2016 / Notices 12477
issuance of a license, grant, or other records are collected and maintained, or of the Council. Notice of the meeting is
benefit. for related manpower studies. permitted by Section 9 of the CUAC
3. A court, magistrate, or 11. The Administrator of the National Charter and is intended to notify the
administrative tribunal during the Archives and Records Administration public of this meeting. Specifically,
course of presenting evidence, including (NARA), or said administrator’s Section 9(d) of the CUAC Charter states:
disclosures to opposing counsel or designee, during an inspection of (1) Each meeting of the Council shall be
witnesses in the course of civil records conducted by NARA as part of open to public observation, to the extent that
discovery, litigation, or settlement that agency’s responsibility to a facility is available to accommodate the
negotiations. recommend improvements in records public, unless the Bureau, in accordance
4. A Member of Congress or staff management practices and programs, with paragraph (4) of this section, determines
acting upon the Member’s behalf when under authority of 44 U.S.C. 2904 and that the meeting shall be closed. The Bureau
the Member or staff requests the 2906. Such disclosure shall be made in also will make reasonable efforts to make the
accordance with NARA regulations meetings available to the public through live
information on behalf of, and at the
governing inspection of records for this recording. (2) Notice of the time, place and
request of, the individual who is the purpose of each meeting, as well as a
subject of the record. purpose, and any other relevant
summary of the proposed agenda, shall be
5. The medical advisor of any directive. Such disclosure shall not be published in the Federal Register not more
individual who submits a request for used to make determinations about than 45 or less than 15 days prior to the
access to a record which contains individuals. scheduled meeting date. Shorter notice may
medical information under the Act and 12. Appropriate agencies, entities, or be given when the Bureau determines that
37 CFR part 102 Subpart B if, in the sole persons when (1) the Agency suspects the Council’s business so requires; in such
judgment of the Agency, disclosure or has confirmed that the security or event, the public will be given notice at the
confidentiality of the information in the earliest practicable time. (3) Minutes of
would not have an adverse effect upon meetings, records, reports, studies, and
the individual, under the provision of 5 system of records has been
compromised; (2) the Agency has agenda of the Council shall be posted on the
U.S.C. 552a(f)(3) and implementing Bureau’s Web site
regulations at 37 CFR part 102 Subpart determined that, as a result of the
(www.consumerfinance.gov). (4) The Bureau
B. suspected or confirmed compromise, may close to the public a portion of any
6. Professional organizations or there is a risk of harm to economic or meeting, for confidential discussion. If the
associations with which individuals property interests, identity theft or Bureau closes a meeting or any portion of a
covered by this system of records may fraud, or harm to the security or meeting, the Bureau will issue, at least
be affiliated, such as state bar integrity of this system or other systems annually, a summary of the Council’s
or programs (whether maintained by the activities during such closed meetings or
disciplinary authorities, to meet their portions of meetings.
responsibilities in connection with the Agency or another agency or entity) that
administration and maintenance of rely upon the compromised DATES: The meeting date is Thursday,
standards of conduct and discipline. information; and (3) such disclosure is March 24, 2016, 3 p.m. to 4:30 p.m.
7. The Office of Management and reasonably necessary to assist in eastern daylight time.
Budget (OMB), in connection with the connection with the Agency’s efforts to ADDRESSES: The meeting location is the
review of private relief legislation as set respond to the suspected or confirmed Consumer Financial Protection Bureau,
forth in OMB Circular No. A–19 at any compromise and prevent, minimize, or 1275 First Street NE., Washington, DC
stage of the legislative coordination and remedy such harm. 20002.
clearance process. 13. Any component of the Department
FOR FURTHER INFORMATION CONTACT:
of Justice for the purpose of representing
8. The Department of Justice (DOJ), in Crystal Dully, Outreach and Engagement
the Agency, or any employee of the
connection with determining whether Associate, 202–435–9588, CFPB_
Agency, in pending or potential
disclosure thereof is required by the CABandCouncilsEvents@cfpb.gov,
litigation to which the record is
Freedom of Information Act (5 U.S.C. Consumer Advisory Board and Councils
pertinent.
552). Office, External Affairs, 1275 First Street
9. Contractors, agents, grantees, Dated: March 3, 2016. NE., Washington, DC 20002.
experts, consultants, and others Marcie Lovett, SUPPLEMENTARY INFORMATION:
performing or working on a contract, Records Management Division Director,
service, grant, cooperative agreement, or OCIO, United States Patent and Trademark I. Background
other work assignment for the Agency Office. Section 2 of the CUAC Charter
who have need for information from the [FR Doc. 2016–05256 Filed 3–8–16; 8:45 am] provides: ‘‘Pursuant to the executive
system of records: BILLING CODE 3510–16–P and administrative powers conferred on
a. In the course of operating or the Consumer Financial Protection
administrating the system of records; Bureau (CFPB or Bureau) by Section
b. In the course of fulfilling an agency BUREAU OF CONSUMER FINANCIAL 1012 of the Dodd-Frank Wall Street
function, but only to the extent PROTECTION Reform and Consumer Protection Act
necessary to fulfill that function; or (Dodd-Frank Act), the Director
c. In order to fulfill their contract(s), Credit Union Advisory Council Meeting established the Credit Union Advisory
but who do not operate the system of AGENCY: Bureau of Consumer Financial Council to consult with the Bureau in
records within the meaning of 5 U.S.C. Protection. the exercise of its functions under the
552a(m). ACTION: Notice of public meeting. federal consumer financial laws as they
Lhorne on DSK5TPTVN1PROD with NOTICES
10. The Office of Personnel pertain to credit unions with total assets
Management (OPM), for personnel SUMMARY: This notice sets forth the of $10 billion or less.’’
research purposes, as a data source for announcement of a public meeting of Section 3 of the CUAC Charter states:
management information, for the the Credit Union Advisory Council ‘‘(a) The CFPB supervises depository
production of summary descriptive (CUAC or Council) of the Consumer institutions and credit unions with total
statistics and analytical studies in Financial Protection Bureau (Bureau). assets of more than $10 billion and their
support of the function for which the The notice also describes the functions respective affiliates, but other than the
VerDate Sep<11>2014 15:08 Mar 08, 2016 Jkt 238001 PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 E:\FR\FM\09MRN1.SGM 09MRN1](https://thefederalregister.org/doc/81_FR_12523/page/1.svg)
![12478 Federal Register / Vol. 81, No. 46 / Wednesday, March 9, 2016 / Notices
limited authority conferred by § 1026 of should express in their RSVP if they Financial Protection Bureau, (Attention:
the Dodd-Frank Act, the CFPB does not require a paper copy of the agenda. PRA Office), 1700 G Street NW.,
have supervisory authority regarding A recording and transcript of this Washington, DC 20552, (202) 435–9575,
credit unions and depository meeting will be available after the or email: PRA@fpb.gov. Please do not
institutions with total assets of $10 meeting on the CFPB’s Web site submit comments to this mailbox.
billion or less. As a result, the CFPB consumerfinance.gov.
does not have regular contact with these SUPPLEMENTARY INFORMATION:
Dated: March 4, 2016.
institutions, and it would therefore be Christopher D’Angelo, Title of Collection: Equal Access to
beneficial to create a mechanism to Chief of Staff, Bureau of Consumer Financial Justice Act.
ensure that their unique perspectives Protection. OMB Control Number: 3170–0040.
are shared with the Bureau. Small [FR Doc. 2016–05253 Filed 3–8–16; 8:45 am]
Business Regulatory Enforcement Type of Review: Extension without
Fairness Act (SBREFA) panels provide
BILLING CODE 4810–AM–P change of a currently approved
one avenue to gather this input, but collection.
participants from credit unions must BUREAU OF CONSUMER FINANCIAL Affected Public: Individuals or
possess no more than $175 million in PROTECTION households.
assets, which precludes the Estimated Number of Respondents: 3.
participation of many. (b) The Advisory [Docket No: CFPB–2016–0012]
Council shall fill this gap by providing Estimated Total Annual Burden
an interactive dialogue and exchange of Agency Information Collection Hours: 15.
ideas and experiences between credit Activities: Comment Request
Abstract: The Equal Access to Justice
union employees and Bureau staff. (c) AGENCY: Bureau of Consumer Financial Act (the Act) provides for payment of
The Advisory Council shall advise Protection. fees and expenses to eligible parties
generally on the Bureau’s regulation of ACTION: Notice and request for comment. who have prevailed against the Bureau
consumer financial products or services in certain administrative proceedings. In
and other topics assigned to it by the SUMMARY: In accordance with the order to obtain an award, the statute and
Director. To carry out the Advisory Paperwork Reduction Act of 1995
associated regulations (12 CFR part
Council’s purpose, the scope of its (PRA), the Consumer Financial
1071) require the filing of an application
activities shall include providing Protection Bureau (Bureau) is requesting
to renew the Office of Management and that shows that the party is a prevailing
information, analysis, and
Budget (OMB) approval for an existing party and is eligible to receive an award
recommendations to the Bureau. The
information collection titled, ‘‘Equal under the Act. The Bureau regulations
output of Advisory Council meetings
should serve to better inform the CFPB’s Access to Justice Act.’’ implementing the Act require the
policy development, rulemaking, and DATES: Written comments are
collection of information related to the
engagement functions.’’ encouraged and must be received on or application for an award in 12 CFR part
before May 9, 2016 to be assured of 1071, subparts B, C.
II. Agenda
consideration. Request for Comments: Comments are
The Credit Union Advisory Council ADDRESSES: You may submit comments, invited on: (a) Whether the collection of
will discuss the CFPB strategic outlook identified by the title of the information information is necessary for the proper
and elder financial abuse. Persons who collection, OMB Control Number (see performance of the functions of the
need a reasonable accommodation to below), and docket number (see above), Bureau, including whether the
participate should contact CFPB_ by any of the following methods: information will have practical utility;
504Request@cfpb.gov, 202–435–9EEO, • Electronic: http:// (b) The accuracy of the Bureau’s
1–855–233–0362, or 202–435–9742 www.regulations.gov. Follow the estimate of the burden of the collection
(TTY) at least ten business days prior to instructions for submitting comments. of information, including the validity of
the meeting or event to request • Mail: Consumer Financial the methods and the assumptions used;
assistance. The request must identify Protection Bureau (Attention: PRA (c) Ways to enhance the quality, utility,
the date, time, location, and title of the Office), 1700 G Street NW., Washington, and clarity of the information to be
meeting or event, the nature of the DC 20552. collected; and (d) Ways to minimize the
assistance requested, and contact • Hand Delivery/Courier: Consumer burden of the collection of information
information for the requester. CFPB will Financial Protection Bureau (Attention: on respondents, including through the
strive to provide, but cannot guarantee PRA Office), 1275 First Street NE.,
that accommodation will be provided use of automated collection techniques
Washington, DC 20002.
for late requests. Please note that comments submitted or other forms of information
after the comment period will not be technology. Comments submitted in
Individuals who wish to attend the
Credit Union Advisory Council meeting accepted. In general, all comments response to this notice will be
must RSVP to cfpb_ received will become public records, summarized and/or included in the
cabandcouncilsevents@cfpb.gov by including any personal information request for OMB approval. All
noon, Wednesday, March 23, 2016. provided. Sensitive personal comments will become a matter of
Members of the public must RSVP by information, such as account numbers public record.
the due date and must include ‘‘CUAC’’ or social security numbers, should not Dated: March 3, 2016.
Lhorne on DSK5TPTVN1PROD with NOTICES
in the subject line of the RSVP. be included. Darrin A. King,
FOR FURTHER INFORMATION CONTACT:
III. Availability Paperwork Reduction Act Officer, Bureau of
Documentation prepared in support of Consumer Financial Protection.
The Council’s agenda will be made this information collection request is
[FR Doc. 2016–05188 Filed 3–8–16; 8:45 am]
available to the public on Wednesday, available at www.regulations.gov.
BILLING CODE 4810–AM–P
March 9, 2016, via Requests for additional information
consumerfinance.gov. Individuals should be directed to the Consumer
VerDate Sep<11>2014 15:08 Mar 08, 2016 Jkt 238001 PO 00000 Frm 00033 Fmt 4703 Sfmt 9990 E:\FR\FM\09MRN1.SGM 09MRN1](https://thefederalregister.org/doc/81_FR_12523/page/2.svg)
Document Created: 2016-03-09 00:13:29
Document Modified: 2016-03-09 00:13:29
| 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 of public meeting. | |
| Dates | The meeting date is Thursday, March 24, 2016, 3 p.m. to 4:30 p.m. eastern daylight time. | |
| Contact | Crystal Dully, Outreach and Engagement Associate, 202-435-9588, [email protected], Consumer Advisory Board and Councils Office, External Affairs, 1275 First Street NE., Washington, DC 20002. | |
| FR Citation | 81 FR 12477 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR