81 FR 24939 - Agency Information Collection Activities: Information Collection Renewal; Comment Request; Interagency Guidance on Asset Securitization Activities
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency Federal Register Volume 81, Issue 81 (April 27, 2016)
Office of the Comptroller of the Currency
Federal Register Volume 81, Issue 81 (April 27, 2016)
| Page Range | 24939-24940 | |
| FR Document | 2016-09730 |
[Federal Register Volume 81, Number 81 (Wednesday, April 27, 2016)] [Notices] [Pages 24939-24940] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-09730] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Comment Request; Interagency Guidance on Asset Securitization Activities AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comment. ----------------------------------------------------------------------- SUMMARY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC 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 OCC is soliciting comment concerning renewal of its information collection titled, ``Interagency Guidance on Asset Securitization Activities.'' DATES: Comments must be submitted on or before June 27, 2016. ADDRESSES: Because paper mail in the Washington, DC area and at the OCC is subject to delay, commenters are encouraged to submit comments by email, if possible. Comments may be sent to: Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, Attention: 1557-0217, 400 7th Street SW., Suite 3E-218, Mail Stop 9W- 11, Washington, DC 20219. In addition, comments may be sent by fax to (571) 465-4326 or by electronic mail to [email protected]. You may personally inspect and photocopy comments at the OCC, 400 7th Street SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 649-6700 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597. Upon arrival, visitors will be required to present valid government-issued photo identification and submit to security screening in order to inspect and photocopy comments. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not include any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance Officer, (202) 649-5490 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal agencies must obtain approval from OMB for each collection of information that they conduct or sponsor. ``Collection of information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. Section 3506(c)(2)(A) of the PRA (44 U.S.C. 3506(c)(2)(A)) requires Federal agencies to provide a 60-day notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, before submitting the collection to OMB for approval. To comply with this requirement, the OCC is publishing notice of the proposed collection of information set forth in this document. Title: Interagency Guidance on Asset Securitization Activities. OMB Control No.: 1557-0217. Type of Review: Regular. Description: This information collection applies to institutions engaged in asset securitization activities and provides that any institution engaged in these activities should maintain a written asset securitization policy, document the fair value of retained interests, and maintain a management information system to monitor asset securitization activities. Institution management uses the information collected to ensure the safe and sound operation of the institution's asset securitization activities. The OCC uses the information to evaluate the quality of an institution's risk management practices. Affected Public: Businesses or other for-profit. Burden Estimates: [[Page 24940]] Estimated Number of Respondents: 35 national banks and Federal savings associations. Estimated Annual Burden: 1,827 hours. Frequency of Response: On occasion. Comments: The comments submitted in response to this notice will be summarized and included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the OCC, including whether the information has practical utility; (b) The accuracy of the OCC's estimate of the information collection burden; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection 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. Dated: April 21, 2016. Mary Hoyle Gottlieb, Regulatory Specialist, Legislative and Regulatory Activities Division. [FR Doc. 2016-09730 Filed 4-26-16; 8:45 am] BILLING CODE 4810-33-P
![Federal Register / Vol. 81, No. 81 / Wednesday, April 27, 2016 / Notices 24939
This conclusion is based on the Issued in Washington, DC, on April 18, and submit to security screening in
information BMW provided about its 2016 under authority delegated in 49 CFR order to inspect and photocopy
device. part 1.95 comments.
Raymond R. Posten, All comments received, including
For the foregoing reasons, the agency
Associate Administrator for Rulemaking. attachments and other supporting
hereby grants in full BMW’s petition for
exemption for the MY 2017 MINI
[FR Doc. 2016–09767 Filed 4–26–16; 8:45 am] materials, are part of the public record
Countryman MPV line from the parts- BILLING CODE 4910–59–P and subject to public disclosure. Do not
include any information in your
marking requirements of 49 CFR part
comment or supporting materials that
541. The agency notes that 49 CFR part
DEPARTMENT OF THE TREASURY you consider confidential or
541, Appendix A–1, identifies those inappropriate for public disclosure.
lines that are exempted from the Theft Office of the Comptroller of the
Prevention Standard for a given MY. 49 FOR FURTHER INFORMATION CONTACT:
Currency Shaquita Merritt, OCC Clearance
CFR part 543.7(f) contains publication
requirements incident to the disposition Agency Information Collection Officer, (202) 649–5490 or, for persons
Activities: Information Collection who are deaf or hard of hearing, TTY,
of all Part 543 petitions. Advanced
Renewal; Comment Request; (202) 649–5597, Legislative and
listing, including the release of future
Interagency Guidance on Asset Regulatory Activities Division, Office of
product nameplates, the beginning
Securitization Activities the Comptroller of the Currency, 400 7th
model year for which the petition is Street SW., Suite 3E–218, Mail Stop
granted and a general description of the AGENCY: Office of the Comptroller of the 9W–11, Washington, DC 20219.
antitheft device is necessary in order to Currency (OCC), Treasury. SUPPLEMENTARY INFORMATION: Under the
notify law enforcement agencies of new ACTION: Notice and request for comment. PRA (44 U.S.C. 3501–3520), Federal
vehicle lines exempted from the parts-
SUMMARY: The OCC, as part of its agencies must obtain approval from
marking requirements of the Theft
continuing effort to reduce paperwork OMB for each collection of information
Prevention Standard.
and respondent burden, invites the that they conduct or sponsor.
If BMW decides not to use the ‘‘Collection of information’’ is defined
general public and other Federal
exemption for this line, it must formally in 44 U.S.C. 3502(3) and 5 CFR
agencies to comment on a continuing
notify the agency. If such a decision is 1320.3(c) to include agency requests or
information collection, as required by
made, the line must be fully marked as the Paperwork Reduction Act of 1995 requirements that members of the public
required by 49 CFR parts 541.5 and (PRA). submit reports, keep records, or provide
541.6 (marking of major component In accordance with the requirements information to a third party. Section
parts and replacement parts). of the PRA, the OCC may not conduct 3506(c)(2)(A) of the PRA (44 U.S.C.
NHTSA notes that if BMW wishes in or sponsor, and the respondent is not 3506(c)(2)(A)) requires Federal agencies
required to respond to, an information to provide a 60-day notice in the
the future to modify the device on
collection unless it displays a currently Federal Register concerning each
which this exemption is based, the
valid Office of Management and Budget proposed collection of information,
company may have to submit a petition
(OMB) control number. including each proposed extension of an
to modify the exemption. Part 543.7(d) existing collection of information,
states that a Part 543 exemption applies The OCC is soliciting comment
concerning renewal of its information before submitting the collection to OMB
only to vehicles that belong to a line for approval. To comply with this
exempted under this part and equipped collection titled, ‘‘Interagency Guidance
on Asset Securitization Activities.’’ requirement, the OCC is publishing
with the antitheft device on which the notice of the proposed collection of
DATES: Comments must be submitted on
line’s exemption is based. Further, information set forth in this document.
§ 543.9(c)(2) provides for the submission or before June 27, 2016.
ADDRESSES: Because paper mail in the
Title: Interagency Guidance on Asset
of petitions ‘‘to modify an exemption to Securitization Activities.
permit the use of an antitheft device Washington, DC area and at the OCC is
subject to delay, commenters are OMB Control No.: 1557–0217.
similar to but differing from the one Type of Review: Regular.
encouraged to submit comments by
specified in that exemption.’’ Description: This information
email, if possible. Comments may be
The agency wishes to minimize the sent to: Legislative and Regulatory collection applies to institutions
administrative burden that Part Activities Division, Office of the engaged in asset securitization activities
543.9(c)(2) could place on exempted Comptroller of the Currency, Attention: and provides that any institution
vehicle manufacturers and itself. The 1557–0217, 400 7th Street SW., Suite engaged in these activities should
agency did not intend Part 543 to 3E–218, Mail Stop 9W–11, Washington, maintain a written asset securitization
require the submission of a modification DC 20219. In addition, comments may policy, document the fair value of
petition for every change to the be sent by fax to (571) 465–4326 or by retained interests, and maintain a
components or design of an antitheft electronic mail to prainfo@occ.treas.gov. management information system to
device. The significance of many such You may personally inspect and monitor asset securitization activities.
changes could be de minimis. Therefore, photocopy comments at the OCC, 400 Institution management uses the
7th Street SW., Washington, DC 20219. information collected to ensure the safe
asabaliauskas on DSK3SPTVN1PROD with NOTICES
NHTSA suggests that if the
manufacturer contemplates making any For security reasons, the OCC requires and sound operation of the institution’s
changes the effects of which might be that visitors make an appointment to asset securitization activities. The OCC
inspect comments. You may do so by uses the information to evaluate the
characterized as de minimis, it should
calling (202) 649–6700 or, for persons quality of an institution’s risk
consult the agency before preparing and
who are deaf or hard of hearing, TTY, management practices.
submitting a petition to modify.
(202) 649–5597. Upon arrival, visitors Affected Public: Businesses or other
will be required to present valid for-profit.
government-issued photo identification Burden Estimates:
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![24940 Federal Register / Vol. 81, No. 81 / Wednesday, April 27, 2016 / Notices
Estimated Number of Respondents: 35 document corrects the date cited for the DEPARTMENT OF THE TREASURY
national banks and Federal savings initial reporting of the Legal Entity
associations. Identifier by advanced approaches Office of the Comptroller of the
Estimated Annual Burden: 1,827 banking organizations from March 31, Currency
hours. 2016, to September 30, 2016. This
Frequency of Response: On occasion. notice also extends the comment due Agency Information Collection
Comments: The comments submitted date. Activities: Information Collection
in response to this notice will be Renewal; Submission for OMB Review;
DATES: The comment period for the Leveraged Lending
summarized and included in the request
notice published April 18, 2016 (81 FR
for OMB approval. All comments will AGENCY: Office of the Comptroller of the
22702) is extended. Comments must be
become a matter of public record. Currency (OCC), Treasury.
submitted on or before June 27, 2016.
Comments are invited on:
FOR FURTHER INFORMATION CONTACT: For ACTION: Notice and request for comment.
(a) Whether the collection of
information is necessary for the proper further information about the proposed
revisions to regulatory reporting SUMMARY: The OCC, as part of its
performance of the functions of the continuing effort to reduce paperwork
OCC, including whether the information requirements discussed in this notice,
please contact any of the agency and respondent burden, invites the
has practical utility; general public and other Federal
(b) The accuracy of the OCC’s clearance officers whose names appear
below. In addition, copies of the agencies to take this opportunity to
estimate of the information collection comment on a continuing information
burden; proposed revised FFIEC 101 form and
instructions can be obtained at the collection, as required by the Paperwork
(c) Ways to enhance the quality, Reduction Act of 1995 (PRA) (44 U.S.C.
utility, and clarity of the information to FFIEC’s Web site (http://www.ffiec.gov/
ffiec_report_forms.htm). chapter 35).
be collected; In accordance with the requirements
(d) Ways to minimize the burden of OCC: Shaquita Merritt, OCC Clearance
Officer, (202) 649–5490, or for persons of the PRA, the OCC may not conduct
the collection on respondents, including or sponsor, and the respondent is not
through the use of automated collection who are deaf or hard of hearing, TTY,
(202) 649–5597, Legislative and required to respond to, an information
techniques or other forms of information collection unless it displays a currently
technology; and Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th valid Office of Management and Budget
(e) Estimates of capital or start-up (OMB) control number.
costs and costs of operation, Street SW., Washington, DC 20219.
Board: Nuha Elmaghrabi, Federal The OCC is soliciting comment
maintenance, and purchase of services concerning the renewal of its
to provide information. Reserve Board Clearance Officer, (202)
452–3829, Office of the Chief Data information collection titled,
Dated: April 21, 2016. Officer, Board of Governors of the ‘‘Leveraged Lending.’’ The OCC also is
Mary Hoyle Gottlieb, Federal Reserve System, Washington, giving notice that it has sent the
Regulatory Specialist, Legislative and DC 20551. Telecommunications Device collection to OMB for review.
Regulatory Activities Division. for the Deaf (TDD) users may contact DATES: Comments must be received by
[FR Doc. 2016–09730 Filed 4–26–16; 8:45 am] (202) 263–4869, Board of Governors of May 27, 2016.
BILLING CODE 4810–33–P the Federal Reserve System, ADDRESSES: Because paper mail in the
Washington, DC 20551. Washington, DC area and at the OCC is
FDIC: Gary A. Kuiper, Counsel, (202) subject to delay, commenters are
DEPARTMENT OF THE TREASURY 898–3877, or Manuel E. Cabeza, encouraged to submit comments by
Counsel, (202) 898–3767, Federal email, if possible. Comments may be
Office of the Comptroller of the Deposit Insurance Corporation, 550 17th sent to: Legislative and Regulatory
Currency Street NW., Washington, DC 20429. Activities Division, Office of the
Comptroller of the Currency, Attention:
FEDERAL RESERVE SYSTEM Correction 1557–0315, 400 7th Street SW., Suite
In the Federal Register of April 18, 3E–218, Mail Stop 9W–11, Washington,
FEDERAL DEPOSIT INSURANCE 2016, in FR Doc. 2016–08892, on page DC 20219. In addition, comments may
CORPORATION 22706, at the 29th line of the third be sent by fax to (571) 465–4326 or by
column, remove ‘‘March 31, 2016’’ and electronic mail to prainfo@occ.treas.gov.
Proposed Agency Information add in its place ‘‘September 30, 2016’’. You may personally inspect and
Collection Activities; Comment
Dated: April 20, 2016. photocopy comments at the OCC, 400
Request; Correction
Stuart Feldstein, 7th Street SW., Washington, DC 20219.
AGENCY: Office of the Comptroller of the For security reasons, the OCC requires
Director, Legislative and Regulatory Activities
Currency (OCC), Treasury; Board of Division, Office of the Comptroller of the that visitors make an appointment to
Governors of the Federal Reserve Currency. inspect comments. You may do so by
System (Board); and Federal Deposit Board of Governors of the Federal Reserve calling (202) 649–6700 or, for persons
Insurance Corporation (FDIC). System, April 20, 2016. who are deaf or hard of hearing, TTY,
ACTION: Joint notice and request for Robert deV. Frierson, (202) 649–5597. Upon arrival, visitors
will be required to present valid
asabaliauskas on DSK3SPTVN1PROD with NOTICES
comment; correction. Secretary of the Board.
government-issued photo identification
Dated at Washington, DC, this 19th day of
SUMMARY: The OCC, the Board, and the and submit to security screening in
April, 2016.
FDIC (the agencies) published a notice order to inspect and photocopy
in the Federal Register, 81 FR 22702 Federal Deposit Insurance Corporation.
comments.
(April 18, 2016), concerning Regulatory Robert E. Feldman, All comments received, including
Capital Reporting for Institutions Executive Secretary. attachments and other supporting
Subject to the Advanced Capital [FR Doc. 2016–09871 Filed 4–26–16; 8:45 am] materials, are part of the public record
Adequacy Framework (FFIEC 101). This BILLING CODE 4810–33–6210–01–6714–01–P and subject to public disclosure. Do not
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Document Created: 2018-02-07 13:55:31
Document Modified: 2018-02-07 13:55:31
| 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 June 27, 2016. | |
| Contact | Shaquita Merritt, OCC Clearance Officer, (202) 649-5490 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219. | |
| FR Citation | 81 FR 24939 |
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