81 FR 57908 - Agency Information Collection Activities: Information Collection Revision; Comment Request (3064-0200)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 164 (August 24, 2016)

The FDIC, 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 the revision of an existing information collection, as required by the Paperwork Reduction Act of 1995. The FDIC is soliciting comment on the revision of the existing information collection entitled ``Joint Standards for Assessing Diversity Policies and Practices'' by adding a form to the information collection entitled ``Diversity Self-Assessment Template for Entities Regulated by the FDIC.''

[Federal Register Volume 81, Number 164 (Wednesday, August 24, 2016)]
[Notices]
[Page 57908]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-20244]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Information Collection 
Revision; Comment Request (3064-0200)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, 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 the revision of an 
existing information collection, as required by the Paperwork Reduction 
Act of 1995. The FDIC is soliciting comment on the revision of the 
existing information collection entitled ``Joint Standards for 
Assessing Diversity Policies and Practices'' by adding a form to the 
information collection entitled ``Diversity Self-Assessment Template 
for Entities Regulated by the FDIC.''

DATES: Comments must be submitted on or before October 24, 2016.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/.
     Email: [email protected] Include the name and number of 
the collection in the subject line of the message.
     Mail: Manny Cabeza (202.898.3767), Counsel MB-3105, 
Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, 
DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.
    All comments should refer to the relevant OMB control number. A 
copy of the comments may also be submitted to the OMB desk officer for 
the FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Manny Cabeza, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), certain 
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) of the PRA 
implementing regulations) to include agency requests or requirements 
that members of the public submit reports, keep records, or provide 
information to a third party. The PRA (44 U.S.C. 3506(c)(2)(A)) directs 
these Federal agencies to provide a 60-day notice in the Federal 
Register concerning each proposed collection of information before 
submitting the collection to OMB for approval. To comply with this 
requirement, the FDIC is publishing this notice of a revision to the 
following currently-approved collection of information:
    Title: Joint Standards for Assessing Diversity Policies and 
Practices.
    OMB Number: 3064-0200.
    Affected Public: Insured financial institutions supervised by the 
FDIC.
    Annual Number of Respondents: 398.
    Frequency of Response: Annual.
    Average Response Time per Respondent: 8 hours.
    Estimated Total Annual Buren Hours: 3,184 hours.
    General Description: This voluntary information collection applies 
to entities regulated by the FDIC for purposes of assessing their 
diversity policies and practices as described in the final Interagency 
Policy Statement Establishing Joint Standards for Assessing the 
Diversity Policies and Practices of Entities Regulated by the 
Agencies.\1\ This revision to the previously approved collection adds a 
form entitled Diversity Self-Assessment Template for Entities Regulated 
by the FDIC intended to facilitate responders' self-assessment process. 
The FDIC estimates that the use of the template will result in a 
reduction in the average response time per respondent from 12 hours to 
8 hours with a corresponding reduction in the estimated total annual 
burden hours for this collection of information from 4,778 hours to 
3,184 hours. The Diversity Self-Assessment Template for Entities 
Regulated by the FDIC can be viewed at www.fdic.gov/about/diversity/dsa_template.docx. This revision to the previously approved collection 
of information: (1) Asks for general information about a respondent; 
(2) includes a checklist of the standards set forth in the Policy 
Statement; (3) seeks additional diversity data; and (4) provides an 
opportunity for a respondent to give other information regarding or 
comment on the self-assessment of its diversity policies and practices.
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    \1\ 80 FR 33016 (June 10, 2015).

    The FDIC may use the information submitted by the entities it 
regulates to monitor progress and trends in the financial services 
industry with regard to diversity and inclusion in employment and 
contracting activities and to identify and highlight those policies 
and practices that have been successful. The FDIC will continue to 
reach out to the regulated entities and other interested parties to 
discuss diversity and inclusion in the financial services industry 
and share leading practices. The FDIC may also publish information 
disclosed by the entity, such as any identified leading practices, 
in any form that does not identify a particular institution or 
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individual or disclose confidential business information.

    Request for Comments: Comments are invited on: (a) Whether the 
collections of information are necessary for the proper performance of 
the FDIC's functions, including whether the information has practical 
utility; (b) the accuracy of the estimates of the burden of the 
collections of information, including the validity of the methodology 
and assumptions used; (c) ways to enhance the quality, utility, and 
clarity of the information to be collected; and (d) ways to minimize 
the burden of the collections of information on respondents, including 
through the use of automated collection techniques or other forms of 
information technology. All comments will become a matter of public 
record.

    Dated at Washington, DC, this 19th day of August 2016.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-20244 Filed 8-23-16; 8:45 am]
 BILLING CODE 6714-01-P