81 FR 45356 - Announcement of Office of Management and Budget's Approval of Collection of Information Contained in “Final Interagency Policy Statement Establishing Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies.”

DEPARTMENT OF THE TREASURY
Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
BUREAU OF CONSUMER FINANCIAL PROTECTION
SECURITIES AND EXCHANGE COMMISSION
NATIONAL CREDIT UNION ADMINISTRATION

Federal Register Volume 81, Issue 134 (July 13, 2016)

The OCC, Board, FDIC, CFPB, SEC, and NCUA (each, an Agency and collectively, the Agencies) announce that OMB has approved the collection of information contained in the Final Interagency Policy Statement Establishing Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies (Policy Statement). Regulated entities may now begin to submit self-assessments of their diversity policies and practices to the OMWI Director of their primary federal financial regulator.

[Federal Register Volume 81, Number 134 (Wednesday, July 13, 2016)]
[Notices]
[Pages 45356-45357]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-16459]


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DEPARTMENT OF THE TREASURY

Comptroller of the Currency

[Docket ID OCC-2013-0014 ]

FEDERAL RESERVE SYSTEM

[Docket No. OP-1465 ]FEDERAL DEPOSIT INSURANCE CORPORATIONBUREAU OF 
CONSUMER FINANCIAL PROTECTIONSECURITIES AND EXCHANGE COMMISSIONNATIONAL 
CREDIT UNION ADMINISTRATION


Announcement of Office of Management and Budget's Approval of 
Collection of Information Contained in ``Final Interagency Policy 
Statement Establishing Joint Standards for Assessing the Diversity 
Policies and Practices of Entities Regulated by the Agencies.''

AGENCY: Office of the Comptroller of the Currency (OCC); Board of 
Governors of the Federal Reserve System (Board); Federal Deposit 
Insurance Corporation (FDIC); Bureau of Consumer Financial Protection 
(CFPB); Securities and Exchange Commission (SEC); and National Credit 
Union Administration (NCUA).

ACTION: Notice; Joint Announcement of Office of Management and Budget's 
(OMB) approval of a collection of information.

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SUMMARY: The OCC, Board, FDIC, CFPB, SEC, and NCUA (each, an Agency and 
collectively, the Agencies) announce that OMB has approved the 
collection of information contained in the Final Interagency Policy 
Statement Establishing Joint Standards for Assessing the Diversity 
Policies and Practices of Entities Regulated by the Agencies (Policy 
Statement). Regulated entities may now begin to submit self-assessments 
of their diversity policies and practices to the OMWI Director of their 
primary federal financial regulator.

FOR FURTHER INFORMATION CONTACT: 
    OCC: Joyce Cofield, Executive Director, Office of Minority and 
Women Inclusion, at (202) 649-6460 or Karen McSweeney, Counsel, Law 
Department, at (202) 649-6295, or, for persons who are deaf or hard of 
hearing, TDD/TTY (202) 649-5597, Office of the Comptroller of the 
Currency, 400 7th Street SW., Washington, DC 20219.
    BOARD: Sheila Clark, Director, Office of Diversity and Inclusion, 
at (202) 452-2883, Katherine Wheatley, Associate General Counsel, Legal 
Division, at (202) 452-3779, or Alye Foster, Senior Special Counsel, 
Legal Division, at (202) 452-5289.
    FDIC: Melodee Brooks, Senior Deputy Director, Office of Minority 
and Women Inclusion, (703) 562-6090; or Robert Lee, Counsel, Legal 
Division, (703) 562-2020, Federal Deposit Insurance Corporation, 550 
17th Street NW., Washington, DC 20429-0002.
    CFPB: Stuart Ishimaru, Director, Office of Minority and Women 
Inclusion, at (202) 435-9012, or Stephen VanMeter, Deputy General 
Counsel, Legal Division at (202) 435-7319, Bureau of Consumer Financial 
Protection, 1700 G Street NW., Washington, DC 20552.
    SEC: Pamela A. Gibbs, Director, Office of Minority and Women 
Inclusion, (202) 551-6046, or Audrey B. Little, Senior Counsel, Office 
of Minority and Women Inclusion, (202) 551-6086, Securities and 
Exchange Commission, 100 F Street NE., Washington, DC 20549.
    NCUA: Monica Davy, Director, Office of Minority and Women 
Inclusion, (703) 518-1650, National Credit Union Administration, 1775 
Duke Street, Alexandria, VA 22314.

SUPPLEMENTARY INFORMATION: Section 342 of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (Act) required the OCC, Board, FDIC, 
CFPB, SEC, and NCUA each to establish an Office of Minority and Women 
Inclusion (OMWI) to be responsible for all matters of the Agency 
relating to diversity in management, employment, and business 
activities. The Act also instructed each OMWI Director to develop 
standards for assessing the diversity policies and practices of 
entities regulated by the Agency. The Agencies worked together to 
develop joint standards (Joint Standards) and, on June 10, 2015, they 
jointly published in the Federal Register \1\ the ``Final Interagency 
Policy Statement Establishing Joint Standards for Assessing the 
Diversity Policies and Practices of Entities Regulated by the 
Agencies.'' \2\ The Policy Statement contains a ``collection of 
information'' within the meaning of the Paperwork Reduction Act of 1995 
(PRA).
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    \1\ 80 FR 33016.
    \2\ The National Credit Union Administration (NCUA) joined the 
Agencies in issuing the Policy Statement. However, the NCUA did not 
join the request for approval under the Paperwork Reduction Act 
(PRA) of the information collection contained in the Policy 
Statement as it submitted a separate request for PRA approval.
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    Although the Policy Statement was effective on June 10, 2015, the 
collection of information was not effective until

[[Page 45357]]

OMB approved it. Accordingly, the Agencies stated in the Policy 
Statement that they would announce the effective date of the 
information collection following OMB's approval. The Agencies are 
pleased to announce that on February 18, 2016, OMB approved the 
collection of information for OCC, the Board, FDIC, CFPB, and SEC and 
approved NCUA's on March 11, 2016; thereby making these collections 
effective the date of OMB approval. The OMB-assigned control numbers 
for the collection of information are as follows: OCC--1557-0334; 
Board--7100-0368; FDIC--3064-0200; CFPB--3170-0060; SEC--3235-0740; and 
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NCUA--3133-0193.

    Dated: June 28, 2016.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.

    By order of the Board of Governors of the Federal Reserve 
System, June 28, 2016.
Robert deV. Frierson,
Secretary of the Board.

Federal Deposit Insurance Corporation.
    Dated at Washington, DC, this 17th day of June, 2016.
Valerie J. Best,
Assistant Executive Secretary.

    Dated: July 6, 2016.
Richard Cordray,
Director, Bureau of Consumer Financial Protection.

    Dated: June 21, 2016.
Brent J. Fields,
Secretary, Securities and Exchange Commission.

    By the National Credit Union Administration Board on June 22, 
2016.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2016-16459 Filed 7-12-16; 8:45 am]
 BILLING CODE 4810-33-6210-01-6741-01-4810-AM-8010-01-7535-01-P