81 FR 8716 - Agency Information Collection Activities: Submission for OMB Review; Comment Request (3064-0187)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 34 (February 22, 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 renewal of an existing information collection, as required by the Paperwork Reduction Act of 1995. On October 7, 2015, (80 FR 60680), the FDIC requested comment for 60 days on a proposal to renew the information collection described below. No comments were received. The FDIC hereby gives notice of its plan to submit to OMB a request to approve the renewal of this collection, and again invites comment on this renewal.

[Federal Register Volume 81, Number 34 (Monday, February 22, 2016)]
[Notices]
[Page 8716]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-03606]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request (3064-0187)

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 renewal of an 
existing information collection, as required by the Paperwork Reduction 
Act of 1995. On October 7, 2015, (80 FR 60680), the FDIC requested 
comment for 60 days on a proposal to renew the information collection 
described below. No comments were received. The FDIC hereby gives 
notice of its plan to submit to OMB a request to approve the renewal of 
this collection, and again invites comment on this renewal.

DATES: Comments must be submitted on or before March 23, 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 of the 
collection in the subject line of the message.
     Mail: Gary A. Kuiper (202.898.3877), Counsel, Room MB-
3016, or Manuel E. Cabeza, (202.898.3767), Counsel, Room 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: Gary A. Kuiper or Manuel E. Cabeza, at 
the FDIC address above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently-
approved collection of information:
    1. Title: Annual Stress Test Reporting; $10-$50 Billion Templates.
    OMB Number: 3064-0187.
    Affected Public: Insured state nonmember banks.
    Frequency of Response: Annually.
    Estimated Number of Respondents: 22.
    Estimated Number of Responses: 22.
    Estimated Time per Response: 469 hours.
    Total Annual Burden: 10,318 hours.
    General Description: The FDIC DFAST 10-50 reporting form collects 
data through two primary schedules: (1) The Results Schedule (which 
includes the quantitative results of the stress tests under the 
baseline, adverse, and severely adverse scenarios for each quarter of 
the planning horizon) and (2) the Scenario Variables Schedule. In 
addition, respondents are required to submit a summary of the 
qualitative information supporting their quantitative projections. The 
FDIC proposes to revise the FDIC DFAST 10-50 Summary Schedule by 
modifying the financial as of date from September 30th to December 
31st. This revision is effective for the 2016 stress test cycle (with 
reporting in July 2016). In addition, the FDIC proposes to clarify the 
FDIC DFAST 10-50 reporting form instructions to change the submission 
date from March 31st to July 31st, to change references to the 
financial ``as of'' date from September 30th to December 31st, and to 
update the line items references to the new Call Report Instructions. 
The FDIC does not expect that the changes to the DFAST 10-50 Summary 
Schedule and reporting form instructions will result in a change in 
burden.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is 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 information collection, 
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 information 
collection 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 17th day of February, 2016.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-03606 Filed 2-19-16; 8:45 am]
 BILLING CODE 6714-01-P