81 FR 79483 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 219 (November 14, 2016)

Page Range		79483-79484
FR Document		2016-27298

The Board of Governors of the Federal Reserve System (Board or Federal Reserve) is adopting a proposal to revise, with extension, the mandatory Uniform Interagency Transfer Agent Registration and Amendment Form. The revisions to this mandatory information are effective December 31, 2016. On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies.

Federal Register, Volume 81 Issue 219 (Monday, November 14, 2016)

[Federal Register Volume 81, Number 219 (Monday, November 14, 2016)]
[Notices]
[Pages 79483-79484]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-27298]


=======================================================================
-----------------------------------------------------------------------

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: The Board of Governors of the Federal Reserve System (Board or 
Federal Reserve) is adopting a proposal to revise, with extension, the 
mandatory Uniform Interagency Transfer Agent Registration and Amendment 
Form. The revisions to this mandatory information are effective 
December 31, 2016.
    On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board authority under the Paperwork Reduction Act 
(PRA) to approve of and assign OMB control numbers to collection of 
information requests and requirements conducted or sponsored by the 
Board. In exercising this delegated authority, the Board is directed to 
take every reasonable step to solicit comment. In determining whether 
to approve a collection of information, the Board will consider all 
comments received from the public and other agencies.

FOR FURTHER INFORMATION CONTACT: 
    Federal Reserve 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.

[[Page 79484]]

    Final approval under OMB delegated authority of the extension for 
three years, with revision, of the following report:
    Report Title: Uniform Interagency Transfer Agent Registration and 
Amendment Form.
    OMB Control Number: 7100-0099.
    Agency Form Number: Form TA-1.
    Frequency: On occasion.
    Reporters: State member banks (``SMBs'') and their subsidiaries, 
bank holding companies (``BHCs''), certain nondeposit trust company 
subsidiaries of BHCs, and savings and loan holding companies 
(``SLHCs'').
    Effective Date: December 31, 2016.
    Estimated Number of Respondents: Registrations: 2; amendments: 4.
    Estimated Average Hours per Response: Registrations: 1.25 hours; 
amendments: 10 minutes.
    Estimated Annual Burden Hours: 4 hours.
    General Description of Report: The Securities Exchange Act of 1934 
(the Act) requires any person acting as a transfer agent to register as 
such and to amend registration information when it changes. State 
member banks (SMBs) and their subsidiaries, bank holding companies 
(BHCs), savings and loan holding companies (SLHCs), and certain 
nondeposit trust company and other subsidiaries of BHCs register with 
the Federal Reserve System by submitting Form TA-1. The information 
collected is available to the public upon request and includes the 
company name, all business addresses, and answers to three questions 
about the registrant's proposed activities as a transfer agent. The 
Federal Reserve uses the information to act upon registration 
applications and to aid in performing its supervisory duties.
    Current Actions: On June 10, 2016, the Board, FDIC, and OCC jointly 
published an initial notice in the Federal Register \1\ requesting 
public comment for 60 days on the extension, with revision, of Form TA-
1. The Board proposed to revise the Form TA-1 to require submission of 
the form to a designated Federal Reserve Board email address, as well 
as certain other instructional clarifications.\2\ The comment period 
for this notice expired on August 9, 2016. The Board did not receive 
any comments. The revisions will be implemented as proposed.
---------------------------------------------------------------------------

    \1\ See 81 FR 37665.
    \2\ The proposed revisions remove references to the Office of 
Thrift Supervision, clarify the definition of a `qualifying 
security' pursuant to regulatory changes, and alter the number of 
Form TA-1 copies registrants are required to file with the Federal 
Reserve Board.
---------------------------------------------------------------------------

    Legal Authorization and Confidentiality: The Form TA-1 is mandatory 
and its collection is authorized by sections 17A(c), 17(a)(3), and 
23(a)(1) of the Act, as amended (15 U.S.C. 78q-1(c), 78q(a)(3), and 
78w(a)(1)). Additionally, section 3(a)(34)(B)(ii) of the Act (15 U.S.C. 
78c(a)(34)(B)(ii)) provides that the Board is the appropriate 
regulatory agency for purposes of various filings by SMBs and their 
subsidiaries, BHCs, SLHCs, and certain nondepository trust company 
subsidiaries of BHCs that act as a clearing agency or transfer agent. 
The registrations are public filings and are not considered 
confidential.

    Board of Governors of the Federal Reserve System, November 8, 
2016.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2016-27298 Filed 11-10-16; 8:45 am]
 BILLING CODE 6210-01-P

79484 Federal Register / Vol. 81, No. 219 / Monday, November 14, 2016 / Notices

Final approval under OMB delegated mandatory and its collection is Board of Governors of the Federal Reserve
authority of the extension for three authorized by sections 17A(c), 17(a)(3), System, November 8, 2016.
years, with revision, of the following and 23(a)(1) of the Act, as amended (15 Robert deV. Frierson,
report: U.S.C. 78q–1(c), 78q(a)(3), and Secretary of the Board.
Report Title: Uniform Interagency 78w(a)(1)). Additionally, section [FR Doc. 2016–27292 Filed 11–10–16; 8:45 am]
Transfer Agent Registration and 3(a)(34)(B)(ii) of the Act (15 U.S.C. BILLING CODE 6210–01–P
Amendment Form. 78c(a)(34)(B)(ii)) provides that the Board
OMB Control Number: 7100–0099.
Agency Form Number: Form TA–1. is the appropriate regulatory agency for
purposes of various filings by SMBs and FEDERAL RESERVE SYSTEM
Frequency: On occasion.
Reporters: State member banks their subsidiaries, BHCs, SLHCs, and
Agency Information Collection
(‘‘SMBs’’) and their subsidiaries, bank certain nondepository trust company Activities: Announcement of Board
holding companies (‘‘BHCs’’), certain subsidiaries of BHCs that act as a Approval Under Delegated Authority
nondeposit trust company subsidiaries clearing agency or transfer agent. The and Submission to OMB
of BHCs, and savings and loan holding registrations are public filings and are
companies (‘‘SLHCs’’). not considered confidential. AGENCY: Board of Governors of the
Effective Date: December 31, 2016. Federal Reserve System.
Estimated Number of Respondents: Board of Governors of the Federal Reserve SUMMARY: Notice is hereby given of the
System, November 8, 2016. final approval of a proposal to extend
Registrations: 2; amendments: 4.
Estimated Average Hours per Robert deV. Frierson, for three years, with revision, the debit
Response: Registrations: 1.25 hours; Secretary of the Board. card issuer survey (FR 3064a; OMB No.
amendments: 10 minutes. [FR Doc. 2016–27298 Filed 11–10–16; 8:45 am] 7100–0344) and to extend for three
Estimated Annual Burden Hours: 4 BILLING CODE 6210–01–P years, without revision, the payment
hours. card network survey (FR 3064b; OMB
General Description of Report: The No. 7100–0344) by the Board of
Securities Exchange Act of 1934 (the FEDERAL RESERVE SYSTEM Governors of the Federal Reserve
Act) requires any person acting as a System (Board) under OMB delegated
transfer agent to register as such and to Change in Bank Control Notices; authority, as per 5 CFR 1320.16 (OMB
amend registration information when it Acquisitions of Shares of a Bank or Regulations on Controlling Paperwork
changes. State member banks (SMBs) Bank Holding Company Burdens on the Public). Board-approved
and their subsidiaries, bank holding collections of information are
companies (BHCs), savings and loan The notificants listed below have incorporated into the official OMB
holding companies (SLHCs), and certain applied under the Change in Bank inventory of currently approved
nondeposit trust company and other collections of information. Copies of the
Control Act (12 U.S.C. 1817(j)) and
subsidiaries of BHCs register with the Paperwork Reduction Act Submission,
§ 225.41 of the Board’s Regulation Y (12
Federal Reserve System by submitting supporting statements and approved
Form TA–1. The information collected CFR 225.41) to acquire shares of a bank
or bank holding company. The factors collection of information instrument(s)
is available to the public upon request are placed into OMB’s public docket
and includes the company name, all that are considered in acting on the
notices are set forth in paragraph 7 of files. The Federal Reserve may not
business addresses, and answers to conduct or sponsor, and the respondent
three questions about the registrant’s the Act (12 U.S.C. 1817(j)(7)).
is not required to respond to, an
proposed activities as a transfer agent. The notices are available for information collection that has been
The Federal Reserve uses the immediate inspection at the Federal extended, revised, or implemented on or
information to act upon registration Reserve Bank indicated. The notices after October 1, 1995, unless it displays
applications and to aid in performing its also will be available for inspection at a currently valid OMB control number.
supervisory duties. the offices of the Board of Governors.
Current Actions: On June 10, 2016, FOR FURTHER INFORMATION CONTACT:
Interested persons may express their Federal Reserve Board Clearance
the Board, FDIC, and OCC jointly
views in writing to the Reserve Bank Officer —Nuha Elmaghrabi—Office of
published an initial notice in the
indicated for that notice or to the offices the Chief Data Officer, Board of
Federal Register 1 requesting public
comment for 60 days on the extension, of the Board of Governors. Comments Governors of the Federal Reserve
with revision, of Form TA–1. The Board must be received not later than System, Washington, DC 20551, (202)
proposed to revise the Form TA–1 to November 29, 2016. 452–3829. Telecommunications Device
require submission of the form to a A. Federal Reserve Bank of for the Deaf (TDD) users may contact
designated Federal Reserve Board email Minneapolis (Jacquelyn K. Brunmeier, (202) 263–4869, Board of Governors of
address, as well as certain other Assistant Vice President) 90 Hennepin the Federal Reserve System,
instructional clarifications.2 The Washington, DC 20551.
Avenue, Minneapolis, Minnesota
comment period for this notice expired OMB Desk Officer—Shagufta
55480–0291: Ahmed—Office of Information and
on August 9, 2016. The Board did not
receive any comments. The revisions 1. Michael L. Frei, Wagner, South Regulatory Affairs, Office of
will be implemented as proposed. Dakota, individually and with power to Management and Budget, New
Legal Authorization and vote the shares held in the Jill M. Frei Executive Office Building, Room 10235,
mstockstill on DSK3G9T082PROD with NOTICES

Confidentiality: The Form TA–1 is Trust, to retain control of 25 percent or 725 17th Street NW., Washington, DC
more of the shares of Commercial 20503.
1 See 81 FR 37665. Holding Company, Wagner, South Final approval under OMB delegated
2 The proposed revisions remove references to the Dakota, and thereby indirectly control of authority of the extension for three
Office of Thrift Supervision, clarify the definition years, with revision, of the following
of a ‘qualifying security’ pursuant to regulatory
Commercial State Bank of Wagner,
changes, and alter the number of Form TA–1 copies Wagner, South Dakota. report:
registrants are required to file with the Federal Report Title: Interchange Transaction
Reserve Board. Fees Surveys.

VerDate Sep<11>2014 17:26 Nov 10, 2016 Jkt 241001 PO 00000 Frm 00074 Fmt 4703 Sfmt 4703 E:\FR\FM\14NON1.SGM 14NON1

Document Created: 2018-10-24 10:47:19
Document Modified: 2018-10-24 10:47:19

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 June 10, 2016, the Board, FDIC, and OCC jointly published an initial notice in the Federal Register \1\ requesting public comment for 60 days on the extension, with revision, of Form TA- 1. The Board proposed to revise the Form TA-1 to require submission of
Dates		December 31, 2016.
Contact		Federal Reserve 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 79483