81_FR_33837 81 FR 33734 - Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Disclosure of Financial and Other Information by National Banks

81 FR 33734 - Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Disclosure of Financial and Other Information by National Banks

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 81, Issue 103 (May 27, 2016)

Page Range33734-33735
FR Document2016-12584

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity 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, ``Disclosure of Financial and Other Information by National Banks.'' The OCC also is giving notice that it has sent the collection to OMB for review.

Federal Register, Volume 81 Issue 103 (Friday, May 27, 2016)
[Federal Register Volume 81, Number 103 (Friday, May 27, 2016)]
[Notices]
[Pages 33734-33735]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-12584]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; Disclosure of Financial and Other 
Information by National Banks

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 take this opportunity 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, ``Disclosure of Financial and Other Information by 
National Banks.'' The OCC also is giving notice that it has sent the 
collection to OMB for review.

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: 1557-0182, 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

[[Page 33735]]

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.
    Additionally, please send a copy of your comments by mail to: OCC 
Desk Officer, 1557-0182, U.S. Office of Management and Budget, 725 17th 
Street NW., #10235, Washington, DC 20503, or by email to: oira 
[email protected].

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: The OCC requests that OMB extend its 
approval of the following collection:
    Title: Disclosure of Financial and Other Information by National 
Banks.
    OMB Control No.: 1557-0182.
    Type of Review: Extension, without revision, of a currently 
approved collection.
    Description: The collections of information are found in 12 CFR 
18.3, 18.4, and 18.8. Section 18.3 requires the preparation of an 
annual disclosure statement and specifies when a national bank must 
make the statement available to shareholders. Section 18.4 outlines 
what information the disclosure statement must contain and provides 
that a national bank may, at its option, supplement its annual 
disclosure statement with a narrative discussion. Lastly, Sec.  18.8 
requires that a national bank promptly mail or otherwise furnish its 
annual disclosure statement upon request.
    The information collected under part 18 is also collected through 
the Consolidated Reports of Condition and Income. Therefore, the OCC 
has proposed to remove part 18 in its entirety, 81 FR 13607 (March 14, 
2016). Following issuance of a final rule removing part 18, the OCC 
will discontinue this information collection.
    Affected Public: Businesses or other for-profit.
    Burden Estimates:
    Estimated Number of Respondents: 1,100.
    Estimated Total Annual Burden: 555 hours.
    Frequency of Response: On occasion.
    Comments: On February 25, 2016, the OCC issued a notice for 60 days 
of comment concerning the collection, 81 FR 9584. The OCC received one 
comment from an individual.
    The commenter questioned the utility and benefit of the information 
collection compared to the burden because the rule requires information 
that is already available through OCC's program of periodic and 
financial disclosure and other sources. The commenter suggested that 
the rule should be replaced with easy to understand measures or 
statistics or rewritten to minimize the burden and enhance the quality 
and clarity of the information collected. The information collected is 
available through the Consolidated Reports of Condition of Income and, 
as indicated above, this information collection will be discontinued 
following the issuance of a final rule removing part 18.
    The commenter stated that the OCC improves the quality, utility, 
and clarity of information when it attentively responds to all 
significant public comments before finalizing rules. The commenter also 
believes that when the OCC leaves unclear whether it considered 
comments, the public record is incomplete and the OCC creates the 
perception that it makes final decisions on rules without considering 
the data, views, and arguments of others. The OCC carefully considers 
all comments received.
    Comments continue to be 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: May 23, 2016.
Mary Hoyle Gottlieb,
Regulatory Specialist, Legislative and Regulatory Activities Division.
[FR Doc. 2016-12584 Filed 5-26-16; 8:45 am]
BILLING CODE 4810-33-P



                                                33734                           Federal Register / Vol. 81, No. 103 / Friday, May 27, 2016 / Notices

                                                to ensure a wide range of candidates                    alternates or professional colleagues                 Submitting Nominations
                                                and a balanced committee. The                           who will be assisting the principal                      All nomination materials should be
                                                Secretary of Transportation will appoint                representative in the process.                        submitted electronically via email to
                                                four Committee members, who will each                      Qualified individuals can self-                    ACACP@dot.gov. Any person needing
                                                serve for a term of two years.                          nominate or be nominated by any                       accessibility accommodations with
                                                   The Department will choose the                       stakeholder or stakeholder organization.              submitting nominations should contact
                                                Committee members based on three                        To be considered for the ACACP,                       Stuart Hindman, Trial Attorney, U.S.
                                                main criteria: (1) Representativeness                   nominators should submit the following                Department of Transportation, by email
                                                (does the applicant represent a                         information:                                          at stuart.hindman@dot.gov, or by
                                                significant one of the four groups
                                                                                                           (1) Name, title, and relevant contact              telephone at 202–366–9342.
                                                outlined above?); (2) expertise (does the
                                                                                                        information (including phone and email                  Dated: May 19, 2016.
                                                applicant bring essential knowledge,
                                                                                                        address) and the interests such a person              Anthony R. Foxx,
                                                expertise and/or experience regarding
                                                                                                        shall represent;
                                                aviation consumer protection and the                                                                          Secretary.
                                                topic area(s) of interest that will enrich                 (2) A letter of support from a
                                                                                                                                                              [FR Doc. 2016–12602 Filed 5–26–16; 8:45 am]
                                                the discussion of the available options                 company, union, trade association, or
                                                                                                                                                              BILLING CODE 4910–9X–P
                                                and their respective costs and benefits?);              non-profit organization on letterhead
                                                and (3) willingness to participate fully                containing a brief description why the
                                                (is the applicant able and willing to                   nominee is qualified and should be
                                                                                                        considered for membership;                            DEPARTMENT OF THE TREASURY
                                                attend meetings and generally
                                                contribute constructively to a rigorous                    (3) Short biography of nominee                     Office of the Comptroller of the
                                                policy development process?).                           including professional and academic                   Currency
                                                   Individuals applying for membership                  credentials; and
                                                should keep in mind that Committee                         (4) An affirmative statement that the              Agency Information Collection
                                                members will be selected based on their                 nominee meets all Committee eligibility               Activities: Information Collection
                                                ability and willingness to effectively                  requirements.                                         Renewal; Submission for OMB Review;
                                                represent the interests of all                                                                                Disclosure of Financial and Other
                                                stakeholders in their category, as                      All individuals who wish to serve on
                                                                                                        the ACACP should apply for                            Information by National Banks
                                                distinct from their parochial or personal
                                                interests. For example, an individual                   membership by supplying the                           AGENCY: Office of the Comptroller of the
                                                selected to serve on the Committee as a                 information listed above. Please do not               Currency (OCC), Treasury.
                                                representative of air carriers would                    send company, trade association, or                   ACTION: Notice and request for comment.
                                                represent not only his or her own                       organization brochures or any other
                                                                                                        information. Materials submitted should               SUMMARY:   The OCC, as part of its
                                                airline, but all air carriers. As such, the
                                                                                                        total two single-spaced pages or less.                continuing effort to reduce paperwork
                                                individual would be expected to consult
                                                                                                        Should more information be needed,                    and respondent burden, invites the
                                                with other airlines in bringing issues to
                                                                                                        DOT staff will contact the nominee,                   general public and other Federal
                                                the table and making decisions on
                                                                                                        obtain information from the nominee’s                 agencies to take this opportunity to
                                                proposals before the Committee.
                                                   The Department’s Office of Aviation                  past affiliations, or obtain information              comment on a continuing information
                                                Enforcement and Proceedings will                        from publicly available sources, such as              collection, as required by the Paperwork
                                                provide appropriate funding, logistics,                 the Internet. Nominations may be                      Reduction Act of 1995 (PRA).
                                                administrative, and technical support                   emailed to ACACP@dot.gov.                               In accordance with the requirements
                                                for the Committee. DOT subject matter                   Nominations must be received by June                  of the PRA, the OCC may not conduct
                                                experts will also provide support to the                27, 2016. Nominations are open to all                 or sponsor, and the respondent is not
                                                Committee. At this time, we anticipate                  individuals without regard to race,                   required to respond to, an information
                                                that the ACACP will meet twice a year                   color, religion, sex, national origin, age,           collection unless it displays a currently
                                                at the Department’s headquarters in                     disability, marital status, or sexual                 valid Office of Management and Budget
                                                Washington, DC. Although we do not                      orientation. Notice to the public will be             (OMB) control number.
                                                have proposed dates for these meetings                  published in the Federal Register at                    The OCC is soliciting comment
                                                at this time, we anticipate one meeting                 least 15 days prior to each plenary                   concerning renewal of its information
                                                to be in the spring and one meeting to                  meeting of the ACACP and members of                   collection titled, ‘‘Disclosure of
                                                be in the fall each year. Individuals                   the public will be invited to attend.                 Financial and Other Information by
                                                interested in serving on the Committee                                                                        National Banks.’’ The OCC also is giving
                                                                                                        Viewing Documents                                     notice that it has sent the collection to
                                                should plan to attend each of these
                                                meetings in person.                                       You may view any documents                          OMB for review.
                                                   Process and Deadline for Submitting                  mentioned in this preamble as being                   DATES: Comments must be submitted on
                                                Nominations: Organizations and/or                       available in the docket at http://                    or before June 27, 2016.
                                                persons who believe they meet the                       www.regulations.gov. After entering the               ADDRESSES: Because paper mail in the
                                                criteria listed above are invited to apply              docket number, click the link to ‘‘Open               Washington, DC area and at the OCC is
                                                for membership on the ACACP to                          Docket Folder’’ and choose the                        subject to delay, commenters are
                                                represent the interests of their                        document to review. If you do not have                encouraged to submit comments by
                                                stakeholder category. Organizational                    access to the Internet, you may view the              email, if possible. Comments may be
sradovich on DSK3TPTVN1PROD with NOTICES




                                                applicants should indicate both the                     docket online by visiting the Docket                  sent to: Legislative and Regulatory
                                                stakeholder category they propose to                    Management Facility in Room W12–140                   Activities Division, Office of the
                                                represent and the individual from their                 on the ground floor of the DOT West                   Comptroller of the Currency, Attention:
                                                organization applying to serve on the                   Building, 1200 New Jersey Avenue SE.,                 1557–0182, 400 7th Street SW., Suite
                                                Committee; describe the responsibilities                Washington, DC 20590, between 9 a.m.                  3E–218, Mail Stop 9W–11, Washington,
                                                and qualifications of that person; and                  and 5 p.m., E.T., Monday through                      DC 20219. In addition, comments may
                                                describe the qualifications of any                      Friday, except Federal holidays.                      be sent by fax to (571) 465–4326 or by


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                                                                                Federal Register / Vol. 81, No. 103 / Friday, May 27, 2016 / Notices                                                   33735

                                                electronic mail to prainfo@occ.treas.gov.               proposed to remove part 18 in its                     maintenance, and purchase of services
                                                You may personally inspect and                          entirety, 81 FR 13607 (March 14, 2016).               to provide information.
                                                photocopy comments at the OCC, 400                      Following issuance of a final rule                      Dated: May 23, 2016.
                                                7th Street SW., Washington, DC 20219.                   removing part 18, the OCC will                        Mary Hoyle Gottlieb,
                                                For security reasons, the OCC requires                  discontinue this information collection.              Regulatory Specialist, Legislative and
                                                that visitors make an appointment to                       Affected Public: Businesses or other               Regulatory Activities Division.
                                                inspect comments. You may do so by                      for-profit.
                                                                                                                                                              [FR Doc. 2016–12584 Filed 5–26–16; 8:45 am]
                                                calling (202) 649–6700 or, for persons                     Burden Estimates:
                                                                                                                                                              BILLING CODE 4810–33–P
                                                who are deaf or hard of hearing, TTY,                      Estimated Number of Respondents:
                                                (202) 649–5597. Upon arrival, visitors                  1,100.
                                                will be required to present valid                          Estimated Total Annual Burden: 555
                                                                                                        hours.                                                DEPARTMENT OF THE TREASURY
                                                government-issued photo identification
                                                and submit to security screening in                        Frequency of Response: On occasion.                Office of the Comptroller of the
                                                order to inspect and photocopy                             Comments: On February 25, 2016, the                Currency
                                                comments.                                               OCC issued a notice for 60 days of
                                                   All comments received, including                     comment concerning the collection, 81                 Agency Information Collection
                                                attachments and other supporting                        FR 9584. The OCC received one                         Activities; Information Collection
                                                materials, are part of the public record                comment from an individual.                           Renewal; Submission for OMB Review;
                                                and subject to public disclosure. Do not                   The commenter questioned the utility               Funding and Liquidity Risk
                                                include any information in your                         and benefit of the information collection             Management
                                                comment or supporting materials that                    compared to the burden because the
                                                                                                        rule requires information that is already             AGENCY: Office of the Comptroller of the
                                                you consider confidential or                                                                                  Currency (OCC), Treasury.
                                                inappropriate for public disclosure.                    available through OCC’s program of
                                                                                                        periodic and financial disclosure and                 ACTION: Notice and request for comment.
                                                   Additionally, please send a copy of
                                                your comments by mail to: OCC Desk                      other sources. The commenter suggested
                                                                                                                                                              SUMMARY:    The OCC, as part of its
                                                Officer, 1557–0182, U.S. Office of                      that the rule should be replaced with
                                                                                                                                                              continuing effort to reduce paperwork
                                                Management and Budget, 725 17th                         easy to understand measures or
                                                                                                                                                              and respondent burden, invites the
                                                Street NW., #10235, Washington, DC                      statistics or rewritten to minimize the
                                                                                                                                                              general public and other Federal
                                                20503, or by email to: oira submission@                 burden and enhance the quality and
                                                                                                                                                              agencies to take this opportunity to
                                                omb.eop.gov.                                            clarity of the information collected. The
                                                                                                                                                              comment on a continuing information
                                                                                                        information collected is available
                                                FOR FURTHER INFORMATION CONTACT:                                                                              collection, as required by the Paperwork
                                                                                                        through the Consolidated Reports of
                                                Shaquita Merritt, OCC Clearance                                                                               Reduction Act of 1995 (PRA).
                                                                                                        Condition of Income and, as indicated
                                                Officer, (202) 649–5490 or, for persons                                                                         In accordance with the requirements
                                                                                                        above, this information collection will
                                                who are deaf or hard of hearing, TTY,                                                                         of the PRA, the OCC may not conduct
                                                                                                        be discontinued following the issuance
                                                (202) 649–5597, Legislative and                                                                               or sponsor, and the respondent is not
                                                                                                        of a final rule removing part 18.
                                                Regulatory Activities Division, Office of                                                                     required to respond to, an information
                                                                                                           The commenter stated that the OCC
                                                the Comptroller of the Currency, 400 7th                                                                      collection unless it displays a currently
                                                                                                        improves the quality, utility, and clarity
                                                Street SW., Suite 3E–218, Mail Stop                                                                           valid Office of Management and Budget
                                                                                                        of information when it attentively
                                                9W–11, Washington, DC 20219.                                                                                  (OMB) control number.
                                                                                                        responds to all significant public                      The OCC is soliciting comment
                                                SUPPLEMENTARY INFORMATION: The OCC                      comments before finalizing rules. The
                                                requests that OMB extend its approval                                                                         concerning renewal of its information
                                                                                                        commenter also believes that when the                 collection titled, ‘‘Funding and
                                                of the following collection:                            OCC leaves unclear whether it
                                                   Title: Disclosure of Financial and                                                                         Liquidity Risk Management.’’ The OCC
                                                                                                        considered comments, the public record                also is giving notice that it has sent the
                                                Other Information by National Banks.                    is incomplete and the OCC creates the
                                                   OMB Control No.: 1557–0182.                                                                                collection to OMB for review.
                                                                                                        perception that it makes final decisions
                                                   Type of Review: Extension, without                                                                         DATES: Comments must be received by
                                                                                                        on rules without considering the data,
                                                revision, of a currently approved                       views, and arguments of others. The                   June 27, 2016.
                                                collection.                                             OCC carefully considers all comments                  ADDRESSES: Because paper mail in the
                                                   Description: The collections of                      received.                                             Washington, DC area and at the OCC is
                                                information are found in 12 CFR 18.3,                      Comments continue to be invited on:                subject to delay, commenters are
                                                18.4, and 18.8. Section 18.3 requires the                  (a) Whether the collection of                      encouraged to submit comments by
                                                preparation of an annual disclosure                     information is necessary for the proper               email, if possible. Comments may be
                                                statement and specifies when a national                 performance of the functions of the                   sent to: Legislative and Regulatory
                                                bank must make the statement available                  OCC, including whether the information                Activities Division, Office of the
                                                to shareholders. Section 18.4 outlines                  has practical utility;                                Comptroller of the Currency, Attention:
                                                what information the disclosure                            (b) The accuracy of the OCC’s                      1557–0244, 400 7th Street SW., Suite
                                                statement must contain and provides                     estimate of the information collection                3E–218, Mail Stop 9W–11, Washington,
                                                that a national bank may, at its option,                burden;                                               DC 20219. In addition, comments may
                                                supplement its annual disclosure                           (c) Ways to enhance the quality,                   be sent by fax to (571) 465–4326 or by
                                                statement with a narrative discussion.                  utility, and clarity of the information to            electronic mail to prainfo@occ.treas.gov.
                                                Lastly, § 18.8 requires that a national                 be collected;                                         You may personally inspect and
sradovich on DSK3TPTVN1PROD with NOTICES




                                                bank promptly mail or otherwise                            (d) Ways to minimize the burden of                 photocopy comments at the OCC, 400
                                                furnish its annual disclosure statement                 the collection on respondents, including              7th Street SW., Washington, DC 20219.
                                                upon request.                                           through the use of automated collection               For security reasons, the OCC requires
                                                   The information collected under part                 techniques or other forms of information              that visitors make an appointment to
                                                18 is also collected through the                        technology; and                                       inspect comments. You may do so by
                                                Consolidated Reports of Condition and                      (e) Estimates of capital or start-up               calling (202) 649–6700 or, for persons
                                                Income. Therefore, the OCC has                          costs and costs of operation,                         who are deaf or hard of hearing, TTY,


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Document Created: 2018-02-07 15:10:17
Document Modified: 2018-02-07 15:10:17
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.
DatesComments must be submitted on or before June 27, 2016.
ContactShaquita 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 Citation81 FR 33734 

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