81 FR 42357 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB
FEDERAL RESERVE SYSTEM Federal Register Volume 81, Issue 125 (June 29, 2016)
Federal Register Volume 81, Issue 125 (June 29, 2016)
| Page Range | 42357-42359 | |
| FR Document | 2016-15325 |
[Federal Register Volume 81, Number 125 (Wednesday, June 29, 2016)] [Notices] [Pages 42357-42359] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-15325] ======================================================================= ----------------------------------------------------------------------- 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 Board 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: 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 reports: 1. Report title: Request for Extension of Time to Dispose of Assets Acquired in Satisfaction of Debts Previously Contracted. Agency form number: FR 4006. OMB control number: 7100-0129. Frequency: Annual. Reporters: Bank Holding Companies (BHCs). Estimated annual reporting hours: 325. Estimated average hours per response: 5 hours. Number of respondents: 65. General description of report: The FR 4006 is authorized pursuant to sections 4(a) and 4(c)(2) of the Bank Holding Company Act (BHC Act), (12 U.S.C. 1843(a), (c)(2)), and the Board's Regulation Y, (12 CFR 225.22(d) and 225.140). Section 4(a) of the BHC Act generally prohibits a BHC from acquiring voting shares of a nonbank company (12 U.S.C. 1843(a)). However, section 4(c)(2) of the BHC Act provides an exception to this general rule and permits BHCs to hold shares acquired in satisfaction of a debt previously contracted in good faith for two years from the date on which they were acquired. Id. At section 1843(c)(2). In addition, the Board is authorized to extend the two year period under certain circumstances upon application from a BHC. Id. The Board's Regulation Y extends this prohibition and exception to assets acquired in satisfaction of a debt previously contracted (12 CFR 225.140) and provides procedures for such exceptions. (12 CFR 225.22(d)(1)). The FR 4006 is required to obtain the benefit of being permitted to retain ownership of voting securities or assets acquired through foreclosure in the ordinary course of collection a debt previously contracted for more than two years. Individual respondent information is generally not given confidential treatment. However, a respondent may request that the information be kept confidential on a case-by-case basis. If a respondent requests confidential treatment, the Board will determine whether the information is entitled to confidential treatment on an ad hoc basis in connection with such request. Abstract: A BHC that acquired voting securities or assets through foreclosure in the ordinary course of collecting a debt previously contracted may not retain ownership of those shares or assets for more than two years without prior Board approval. There is no formal reporting form and each request for extension must be filed at the appropriate Reserve Bank of the BHC. The Board uses the information provided in the request to fulfill its statutory obligation to supervise BHCs. Current Actions: On April 7, 2016, the Board published a notice in the Federal Register (81 FR 20384) requesting public comment for 60 days on the proposal to extend for three years, without revision, the FR 4006. The comment period for this notice expired on June 6, 2016. The Board did not receive any comments, and the information collection will be extended as proposed. 2. Report title: Stock Redemption Notification. Agency form number: FR 4008. OMB control number: 7100-0131. Frequency: On occasion. Reporters: BHCs. Estimated annual reporting hours: 155 hours. Estimated average hours per response: 15.5 hours. Number of respondents: 10. General description of report: The FR 4008 is authorized pursuant to sections 5(b) and (c) of the BHC Act (12 U.S.C. 1844(b) and (c)) and the Board's Regulation Y (CFR 225.4). Sections 5(b) and (c) of the BHC Act generally authorize the Board to issue regulations and orders that are necessary to administer and carry out the purposes of the BHC Act and prevent evasions thereof and to require BHCs to submit reports to the Board to keep the Board informed about their financial condition, systems for monitoring and controlling financial and operating risks, transactions with depository institution subsidiaries, and compliance with the BHC Act, any other Federal law that the Board has specific jurisdiction to enforce, and (other than in the case of an insured depository institution or functionally regulated subsidiary) any other applicable provision of Federal law. 12 U.S.C. 1844(b) and (c). The Board's Regulation Y requires BHCs, in certain circumstances, to file with the appropriate Federal Reserve Bank prior written notice before purchasing or redeeming their equity securities. (12 [[Page 42358]] CFR 225.4(b)). The FR 4008 is required for some BHCs to obtain the benefit of being able to purchase or redeem their equity securities. The individual respondent information in a stock redemption notice is generally not considered confidential. However, a respondent may request that the information be kept confidential on a case-by-case basis. If a respondent requests confidentiality, the Board will determine whether the information is entitled to confidential treatment on an ad hoc basis in connection with such request. Abstract: The Bank Holding Company Act and the Board's Regulation Y generally require a BHC to seek prior Board approval before purchasing or redeeming its equity securities. Given that a BHC is exempt from this requirement if it meets certain financial, managerial, and supervisory standards, only a small portion of proposed stock redemptions actually require the prior approval of the Board. There is no formal reporting form. The Board uses the information provided in the redemption notice to fulfill its statutory obligation to supervise BHCs. Current Actions: On April 7, 2016, the Board published a notice in the Federal Register (81 FR 20384) requesting public comment for 60 days on the proposal to extend for three years, without revision, the FR 4008. The comment period for this notice expired on June 6, 2016. The Board did not receive any comments, and the information collection will be extended as proposed. 3. Report title: Notice Claiming Status as an Exempt Transfer Agent. Agency form number: FR 4013. OMB control number: 7100-0137. Frequency: On occasion. Reporters: Banks, BHCs, savings and loan holding companies (SLHCs), and certain trust companies. Annual reporting hours: 20 hours. Estimated average hours per response: 2 hours. Number of respondents: 10. General description of report: The FR 4013 is mandatory and authorized pursuant to the Securities Exchange Act of 1934 (the SEA) as amended in 1975, 15 U.S.C. 78q-1, 17 CFR 240.17Ad-4, and 12 CFR 208.31 and 225.4(d). Section 17A(a)(2)(A)(i) of the SEA, 15 U.S.C. 78q- 1(a)(2)(A)(i), directs the Securities and Exchange Commission (SEC) to use its authority under the SEA ``to facilitate the establishment of a national system for the prompt and accurate clearance and settlement of transactions in securities.'' Pursuant to this Congressional directive, the SEC promulgated regulations governing the performance of transfer agent functions by registered transfer agents. See 17 CFR 240.17Ad-2, 240.17Ad-3, and 240.17Ad-6(a)(1) through (7) and (11). SEC Rule 17Ad-4 exempts certain low-volume transfer agents from certain of these regulations provided that the transfer agent files a notice with its appropriate regulatory agency certifying that it qualifies for the exemption. 17 CFR 240.17Ad-4. Pursuant to the SEA, the SEC's transfer agent rules as well as the low-volume transfer agent exemption are applicable to all registered transfer agents, including those regulated by the Board. See Section 17A(d)(1) of the SEA, 15 U.S.C. 78q-1(d)(1). The Board's regulations further provide that Board-regulated transfer agents are subject to the SEC's transfer agent rules, including the low-volume transfer agent exemption. See 12 CFR 208.31(b) (applicable to state member bank transfer agents); 12 CFR 225.4(d) (providing that the Board's regulations governing state member bank transfer agents are equally applicable to BHCs and certain nonbank subsidiaries that act as transfer agents); 12 CFR 238.4(b) (requiring reports from SLHCs). Because the information regarding a transfer agent's volume of transactions is public information through the filing and publication of the agents' Form TA-2 with the SEC, the individual respondent data collected by the FR 4013 is not confidential. Abstract: Banks, BHCs, SLHCs, and trust companies subject to the Board's supervision that are low-volume transfer agents voluntarily file the notice on occasion with the Board. Transfer agents are institutions that provide securities transfer, registration, monitoring, and other specified services on behalf of securities issuers. The purpose of the notice, which is effective until the agent withdraws it, is to claim exemption from certain rules and regulations of the SEC. The Board uses the notices for supervisory purposes because the SEC has assigned to the Board responsibility for collecting the notices and verifying their accuracy through examinations of the respondents. There is no formal reporting form and each notice is filed as a letter. Current Actions: On April 7, 2016, the Board published a notice in the Federal Register (81 FR 20384) requesting public comment for 60 days on the proposal to extend for three years, without revision, the FR 4013. The comment period for this notice expired on June 6, 2016. The Board did not receive any comments, and the information collection will be extended as proposed. In addition, the Board now provides registrants the option of submitting FR 4013 notices via the secure email address [email protected], preferably as a Portable Document Format (PDF) file. 4. Report title: Investment in Bank Premises Notification. Agency form number: FR 4014. OMB control number: 7100-0139. Frequency: On occasion. Reporters: State member banks (SMBs). Annual reporting hours: 9 hours (rounded to the nearest hour). Estimated average hours per response: 30 minutes. Number of respondents: 5. General description of report: Section 24A(a) of the Federal Reserve Act (FRA) requires that SMBs obtain prior Board approval before investing in bank premises that exceed certain statutory thresholds (12 U.S.C. 371d(a)). The FR 4014 is required to obtain a benefit because banks wanting to make an investment in bank premises that exceed a certain threshold are required to notify the Board. The information collected is not considered confidential. However, an SMB may request that a report or document not be disclosed to the public and be held confidential by the Board. Should an SMB request confidential treatment of such information, the question of whether the information is entitled to confidential treatment must be determined on an ad hoc basis in connection with such request. Abstract: The FRA requires SMBs to seek prior Board approval before making an investment in bank premises that exceeds certain thresholds. There is no formal reporting form, and each required request for prior approval must be filed as a notification with the appropriate Reserve Bank of the SMB. The Board uses the information provided in the notice to fulfill its statutory obligation to supervise SMBs. Current Actions: On April 7, 2016, the Board published a notice in the Federal Register (81 FR 20384) requesting public comment for 60 days on the proposal to extend for three years, without revision, the FR 4014. The comment period for this notice expired on June 6, 2016. The Board did not receive any comments, and the information collection will be extended as proposed. 5. Report title: Reports Related to Securities Issued by State Member Banks as Required by Regulation H. Agency form number: Reg H-1. OMB control number: 7100-0091. Frequency: Annually, Quarterly, and on occasion. [[Page 42359]] Reporters: SMBs. Estimated annual reporting hours: 264. Estimated average hours per response: 5.17. Number of respondents: 3. General description of report: This information collection is mandatory pursuant to sections 12(i) and 23(a)(1) of the Securities Exchange Act of 1934 (15 U.S.C. 781(i) and 78w (a)(1)) and the Board's Regulation H (12 CFR 208.36). The information collected is not given confidential treatment. However, a state member bank make request that a report or document not be disclosed to the public and be held confidential by the Board, (12 CFR 208.36(d). All such requests for confidential treatment will be determined on a case-by-case basis. Abstract: The Board's Regulation H requires certain SMBs to submit information relating to their securities to the Board on the same forms that bank holding companies and nonbank entities use to submit similar information to the SEC. The information is primarily used for public disclosure and is available to the public upon request. Current Actions: On April 7, 2016, the Board published a notice in the Federal Register (81 FR 20384) requesting public comment for 60 days on the proposal to extend for three years, without revision, the Reg H-1. The comment period for this notice expired on June 6, 2016. The Board did not receive any comments, and the information collection will be extended as proposed. Board of Governors of the Federal Reserve System, June 23, 2016. Robert deV. Frierson Secretary of the Board. [FR Doc. 2016-15325 Filed 6-28-16; 8:45 am] BILLING CODE 6210-01-P
![Federal Register / Vol. 81, No. 125 / Wednesday, June 29, 2016 / Notices 42357
reach agreement upon matters relating Federal Reserve System, Washington, respondent requests confidential
to cargo throughput, safety, intermodal DC 20551; (202) 452–3829. treatment, the Board will determine
equipment supply and efficiencies, Telecommunications Device for the Deaf whether the information is entitled to
congestion relief, port and terminal (TDD) users may contact (202) 263– confidential treatment on an ad hoc
infrastructure, financing of 4869, Board of Governors of the Federal basis in connection with such request.
improvements, and clean air or other Reserve System, Washington, DC 20551. Abstract: A BHC that acquired voting
environmental initiatives affecting OMB Desk Officer—Shagufta securities or assets through foreclosure
operations in and around the Port of Ahmed—Office of Information and in the ordinary course of collecting a
New York and New Jersey. Regulatory Affairs, Office of debt previously contracted may not
Agreement No.: 012421. Management and Budget, New retain ownership of those shares or
Title: ‘‘K’’ Line/Hyundai Glovis Co., Executive Office Building, Room 10235 assets for more than two years without
Ltd. U.S./Mexioco Space Charter 725 17th Street NW., Washington, DC prior Board approval. There is no formal
Agreement. 20503. reporting form and each request for
Parties: Hyundai Glovis Co., Ltd. and Final approval under OMB delegated extension must be filed at the
Kawasaki Kisen Kaisha, Ltd.. authority of the extension for three appropriate Reserve Bank of the BHC.
Filing Party: Wayne Rohde, Esq.; years, without revision, of the following The Board uses the information
Cozen O’Connor; 1200 Nineteenth Street reports: provided in the request to fulfill its
NW., Washington, DC 20036. 1. Report title: Request for Extension statutory obligation to supervise BHCs.
Synopsis: The Agreement authorizes of Time to Dispose of Assets Acquired Current Actions: On April 7, 2016, the
the Parties to charter space to/from one in Satisfaction of Debts Previously Board published a notice in the Federal
another on an ad hoc basis for the Contracted. Register (81 FR 20384) requesting
carriage of ro-ro cargoes in the trades Agency form number: FR 4006. public comment for 60 days on the
between the U.S. East and West Coasts OMB control number: 7100–0129. proposal to extend for three years,
on the one hand and ports on the East Frequency: Annual. without revision, the FR 4006. The
and West Coasts of Mexico on the other Reporters: Bank Holding Companies comment period for this notice expired
hand. (BHCs). on June 6, 2016. The Board did not
Estimated annual reporting hours: receive any comments, and the
By Order of the Federal Maritime 325.
Commission. information collection will be extended
Estimated average hours per response:
Dated: June 24, 2016. as proposed.
5 hours. 2. Report title: Stock Redemption
Karen V. Gregory, Number of respondents: 65.
General description of report: The FR Notification.
Secretary. Agency form number: FR 4008.
[FR Doc. 2016–15418 Filed 6–28–16; 8:45 am] 4006 is authorized pursuant to sections OMB control number: 7100–0131.
BILLING CODE 6731–AA–P
4(a) and 4(c)(2) of the Bank Holding Frequency: On occasion.
Company Act (BHC Act), (12 U.S.C. Reporters: BHCs.
1843(a), (c)(2)), and the Board’s Estimated annual reporting hours:
FEDERAL RESERVE SYSTEM Regulation Y, (12 CFR 225.22(d) and 155 hours.
225.140). Section 4(a) of the BHC Act Estimated average hours per response:
Agency Information Collection generally prohibits a BHC from 15.5 hours.
Activities: Announcement of Board acquiring voting shares of a nonbank Number of respondents: 10.
Approval Under Delegated Authority company (12 U.S.C. 1843(a)). However, General description of report: The FR
and Submission to OMB section 4(c)(2) of the BHC Act provides 4008 is authorized pursuant to sections
an exception to this general rule and 5(b) and (c) of the BHC Act (12 U.S.C.
AGENCY: Board of Governors of the permits BHCs to hold shares acquired in 1844(b) and (c)) and the Board’s
Federal Reserve System. satisfaction of a debt previously Regulation Y (CFR 225.4). Sections 5(b)
SUMMARY: Notice is hereby given of the contracted in good faith for two years and (c) of the BHC Act generally
final approval of a proposed information from the date on which they were authorize the Board to issue regulations
collection by the Board of Governors of acquired. Id. At section 1843(c)(2). In and orders that are necessary to
the Federal Reserve System (Board) addition, the Board is authorized to administer and carry out the purposes of
under OMB delegated authority. Board- extend the two year period under the BHC Act and prevent evasions
approved collections of information are certain circumstances upon application thereof and to require BHCs to submit
incorporated into the official OMB from a BHC. Id. The Board’s Regulation reports to the Board to keep the Board
inventory of currently approved Y extends this prohibition and informed about their financial
collections of information. Copies of the exception to assets acquired in condition, systems for monitoring and
Paperwork Reduction Act Submission, satisfaction of a debt previously controlling financial and operating
supporting statements and approved contracted (12 CFR 225.140) and risks, transactions with depository
collection of information instrument(s) provides procedures for such institution subsidiaries, and compliance
are placed into OMB’s public docket exceptions. (12 CFR 225.22(d)(1)). The with the BHC Act, any other Federal law
files. The Board may not conduct or FR 4006 is required to obtain the benefit that the Board has specific jurisdiction
sponsor, and the respondent is not of being permitted to retain ownership to enforce, and (other than in the case
required to respond to, an information of voting securities or assets acquired of an insured depository institution or
collection that has been extended, through foreclosure in the ordinary functionally regulated subsidiary) any
mstockstill on DSK3G9T082PROD with NOTICES
revised, or implemented on or after course of collection a debt previously other applicable provision of Federal
October 1, 1995, unless it displays a contracted for more than two years. law. 12 U.S.C. 1844(b) and (c). The
currently valid OMB control number. Individual respondent information is Board’s Regulation Y requires BHCs, in
FOR FURTHER INFORMATION CONTACT: generally not given confidential certain circumstances, to file with the
Board Clearance Officer—Nuha treatment. However, a respondent may appropriate Federal Reserve Bank prior
Elmaghrabi—Office of the Chief Data request that the information be kept written notice before purchasing or
Officer, Board of Governors of the confidential on a case-by-case basis. If a redeeming their equity securities. (12
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![Federal Register / Vol. 81, No. 125 / Wednesday, June 29, 2016 / Notices 42359
Reporters: SMBs. collection of information instrument(s) [it] considers appropriate,’’ for the
Estimated annual reporting hours: are placed into OMB’s public docket purpose of carrying out its duties (12
264. files. The Federal Reserve may not U.S.C. 3335). The obligation to respond
Estimated average hours per response: conduct or sponsor, and the respondent is voluntary.
5.17. is not required to respond to, an The FR 1379a is not considered
Number of respondents: 3. information collection that has been confidential. The FR 1379b collects the
General description of report: This extended, revised, or implemented on or respondent’s name and the respondent
information collection is mandatory after October 1, 1995, unless it displays may provide other personal information
pursuant to sections 12(i) and 23(a)(1) of a currently valid OMB control number. and information regarding his or her
the Securities Exchange Act of 1934 (15 complaint. The FR 1379c collects the
FOR FURTHER INFORMATION CONTACT:
U.S.C. 781(i) and 78w (a)(1)) and the respondent’s third-party representative
Board’s Regulation H (12 CFR 208.36). Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of if the respondent has such a
The information collected is not given representative. The FR 1379d collects
confidential treatment. However, a state the Chief Data Officer, Board of
Governors of the Federal Reserve the respondent’s name and the
member bank make request that a report respondent may provide other personal
or document not be disclosed to the System, Washington, DC 20551 (202)
452–3829. Telecommunications Device information and information regarding
public and be held confidential by the his or her complaint. Thus, some of the
Board, (12 CFR 208.36(d). All such for the Deaf (TDD) users may contact
(202) 263–4869, Board of Governors of information collected on the FR 1379b,
requests for confidential treatment will FR 1379c, and FR 1379d may be
be determined on a case-by-case basis. the Federal Reserve System,
considered confidential under the
Abstract: The Board’s Regulation H Washington, DC 20551.
Freedom of Information Act (5 U.S.C.
requires certain SMBs to submit OMB Desk Officer—Shagufta
552(b)(4), (b)(6), (b)(7)).
information relating to their securities to Ahmed—Office of Information and Abstract: The FR 1379a questionnaire
the Board on the same forms that bank Regulatory Affairs, Office of is sent to consumers who have filed
holding companies and nonbank Management and Budget, New complaints with the Board against state
entities use to submit similar Executive Office Building, Room 10235 member banks. The information is used
information to the SEC. The information 725 17th Street, NW., Washington, DC to assess their satisfaction with the
is primarily used for public disclosure 20503. Board’s handling and written response
and is available to the public upon Final approval under OMB delegated to their complaint at the conclusion of
request. authority of the extension for three an investigation. The FR 1379b survey
Current Actions: On April 7, 2016, the years, without revision, of the following is sent to consumers who contact the
Board published a notice in the Federal reports: Federal Reserve Consumer Help (FRCH)
Register (81 FR 20384) requesting 1. Report title: Consumer Satisfaction to file a complaint or inquiry. The
public comment for 60 days on the Questionnaire, the Federal Reserve information is used to determine
proposal to extend for three years, Consumer Help—Consumer Survey, the whether consumers are satisfied with
without revision, the Reg H–1. The Consumer Online Complaint Form, and the way the FRCH handled their
comment period for this notice expired the Appraisal Complaint Form. complaint. Consumers use the FR 1379c
on June 6, 2016. The Board did not Agency form number: FR 1379a, FR complaint form to electronically submit
receive any comments, and the 1379b, FR 1379c, and FR 1379d. a complaint against a financial
information collection will be extended OMB control number: 7100–0135. institution to the FRCH. The FR 1379d
as proposed. Frequency: Event generated. Appraisal complaint form collects
Reporters: Consumers, appraisers, and information about complaints regarding
Board of Governors of the Federal Reserve
System, June 23, 2016.
financial institutions. a regulated institution’s non-compliance
Estimated annual burden hours: FR with the appraisal independence
Robert deV. Frierson
1379a: 58 hours; FR 1379b: 121 hours; standards and the Uniform Standards of
Secretary of the Board.
FR 1379c: 982 hours; FR 1379d: 7 hours. Professional Appraisal Practice,
[FR Doc. 2016–15325 Filed 6–28–16; 8:45 am] Estimated average hours per response: including complaints from appraisers,
BILLING CODE 6210–01–P FR 1379a: 5 minutes; FR 1379b: 5 individuals, financial institutions, and
minutes; FR 1379c: 10 minutes; FR other entities. The information is
1379d: 30 minutes. necessary so that the federal agencies 1
FEDERAL RESERVE SYSTEM Number of respondents: FR 1379a: may better assist the Federal Financial
Agency Information Collection 695; FR 1379b: 1,455; FR 1379c: 5,890; Institutions Examination Council-
Activities: Announcement of Board FR 1379d: 14. Appraisal Subcommittee (FFIEC–ASC) 2
Approval Under Delegated Authority General description of report: The
and Submission to OMB Board’s Legal Division has determined 1 ‘‘Agencies’’ include the Board of Governors of
that the FR 1379a,b,and c are authorized the Federal Reserve System, Federal Deposit
AGENCY: Board of Governors of the by law pursuant to section 11(a) of the Insurance Corporation, Office of the Comptroller of
Federal Reserve System. Federal Reserve Act (12 U.S.C. 248(a)), the Currency, National Credit Union
Administration, and Consumer Financial Protection
SUMMARY: Notice is hereby given of the and sections 3(q) and 8 of the Federal Bureau.
final approval of a proposed information Deposit Insurance Act (FDIC Act) (12 2 Title XI of the Financial Institutions Reform,
collection by the Board of Governors of U.S.C. 1813(Q) and 1818). Additionally, Recovery, and Enforcement Act (FIRREA) of 1989
the Federal Reserve System (Board) the Board is authorized to collect the amended the FIRIRCA Act of 1978 to create the
mstockstill on DSK3G9T082PROD with NOTICES
ASC ‘‘within’’ the FFIEC on August 9, 1989.
under OMB delegated authority. Board- information on the FR 1379d pursuant Pursuant to Title XI, the ASC’s mission is to
approved collections of information are to section 1103 of the Financial monitor federal, state, and appraisal industry
incorporated into the official OMB Institutions and Reform, Recovery, and initiatives relative to the appraisal process at
inventory of currently approved Enforcement Act, which authorizes the federally- regulated financial institutions and
maintain a national registry of appraisers eligible to
collections of information. Copies of the Federal Financial Institutions perform appraisals for federally related real estate
Paperwork Reduction Act Submission, Examination Council-Appraisal transactions. As an independent FFIEC
supporting statements and approved Subcommittee to ‘‘perform research, as Continued
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Document Created: 2018-02-08 07:43:01
Document Modified: 2018-02-08 07:43:01
| 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 April 7, 2016, the Board published a notice in the Federal Register (81 FR 20384) requesting public comment for 60 days on the proposal to extend for three years, without revision, the FR 4006. The comment period for this notice expired on June 6, 2016. The Board did not receive any comments, and the information collection will be extended as proposed. | |
| Contact | 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 | 81 FR 42357 |
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