81 FR 58553 - Agency Information Collection Activities: Information Collection Revision; Comment Request; Diversity Self-Assessment Template for Entities Regulated by the OCC

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 81, Issue 165 (August 25, 2016)

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 revised information collection, as required by the Paperwork Reduction Act of 1995 (PRA). The OCC may not conduct or sponsor, and a 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 previously received OMB approval for a voluntary information collection in the Final Interagency Policy Statement Establishing Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies (Policy Statement). The OCC now is soliciting comment on a revised information collection which adds a ``Diversity Self-Assessment Template for Entities Regulated by the OCC'' (Template) to facilitate the self-assessment described in the Policy Statement.

[Federal Register Volume 81, Number 165 (Thursday, August 25, 2016)]
[Notices]
[Pages 58553-58554]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-20387]


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DEPARTMENT OF THE TREASURY

 Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Revision; Comment Request; Diversity Self-Assessment Template for 
Entities Regulated by the OCC

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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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 revised information 
collection, as required by the Paperwork Reduction Act of 1995 (PRA). 
The OCC may not conduct or sponsor, and a 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 
previously received OMB approval for a voluntary information collection 
in the Final Interagency Policy Statement Establishing Joint Standards 
for Assessing the Diversity Policies and Practices of Entities 
Regulated by the Agencies (Policy Statement). The OCC now is soliciting 
comment on a revised information collection which adds a ``Diversity 
Self-Assessment Template for Entities Regulated by the OCC'' (Template) 
to facilitate the self-assessment described in the Policy Statement.

DATES: Comments must be submitted on or before October 24, 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: 1557-0334, 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 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 with your comment, 
attachment, 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), 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 OCC is publishing this notice of a proposed revision 
to the collection of information.
    Title: Diversity Self-Assessment Template for Entities Regulated by 
the OCC.
    OMB Control No.: 1557-0334.
    Description: The OCC previously received OMB approval for a 
voluntary information collection with respect to the Policy Statement, 
pursuant to which

[[Page 58554]]

entities regulated by the OCC voluntarily self-assess their diversity 
policies and practices.\1\ This proposed revision to that collection 
would add the Template to assist with the self-assessment. The Template 
(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 provide other information regarding or comment on the 
self-assessment of its diversity policies and practices. The OCC 
estimates that use of the Template would reduce the average response 
time for this collection per respondent from 12 hours to 8 hours. A 
draft of this Template can be viewed at www.occ.gov/divselfassessment. 
The OCC 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 OCC 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 OCC 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 individual or disclose 
confidential business information.
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    \1\ 80 FR 33016 (June 10, 2015).
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    Type of Review: Revision.
    Affected Public: Businesses or other for-profit.
    Burden Estimates:
    Number of Respondents: 215.
    Revised Annual Burden for Policy Statement and Template: 8 hours.
    Frequency of Response: Annual.
    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: August 18, 2016.
Stuart Feldstein,
Director, Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency.
[FR Doc. 2016-20387 Filed 8-24-16; 8:45 am]
 BILLING CODE 4810-33-P