81 FR 95302 - Agency Information Collection Activities: Information Collection Renewal; Comment Request; Financial Management Policies-Interest Rate Risk

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 81, Issue 248 (December 27, 2016)

Page Range		95302-95303
FR Document		2016-31149

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 continuing information collection as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the 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 is soliciting comment concerning renewal of its information collection titled, ``Financial Management Policies--Interest Rate Risk.''

Federal Register, Volume 81 Issue 248 (Tuesday, December 27, 2016)

[Federal Register Volume 81, Number 248 (Tuesday, December 27, 2016)]
[Notices]
[Pages 95302-95303]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-31149]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Comment Request; Financial Management Policies--Interest Rate 
Risk

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

[[Page 95303]]


ACTION: Notice and request for comment.

-----------------------------------------------------------------------

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 continuing 
information collection as required by the Paperwork Reduction Act of 
1995 (PRA).
    In accordance with the requirements of the PRA, the OCC may not 
conduct or sponsor, and the 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 is soliciting comment concerning renewal of its information 
collection titled, ``Financial Management Policies--Interest Rate 
Risk.''

DATES: Comments must be submitted on or before February 27, 2017.

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: 1557-0299, 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. You may do so 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 in your comment 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), Federal 
agencies must obtain approval from OMB for each collection of 
information that they conduct or sponsor. The term ``collection of 
information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) and 
includes agency requests or requirements that members of the public 
submit reports, keep records, or provide information to a third party.
    Section 3506(c)(2)(A) of title 44 requires Federal agencies to 
publish a 60-day notice in the Federal Register concerning each 
proposed collection of information, including each proposed extension 
of an existing collection of information, before submitting the 
collection to OMB for approval. To comply with this requirement, the 
OCC is publishing this notice of the renewal of the following 
information collection:
    Title: Financial Management Policies--Interest Rate Risk.
    OMB Control No.: 1557-0299.
    Type of Review: Regular.
    Affected Public: Businesses or other for-profit.
    Frequency of Response: On occasion.
    Burden Estimate:
    Estimated Number of Respondents: 390.
    Estimated Annual Burden: 15,600.
    Description: This information collection covers the recordkeeping 
burden for maintaining data in accordance with OCC's regulation on 
interest rate risk procedures, 12 CFR 163.176. The purpose of the 
regulation is to ensure that Federal savings associations are managing 
their exposure to interest rate risk appropriately. To comply with this 
reporting requirement, institutions need to maintain sufficient records 
to document how their interest rate risk exposure is monitored and 
managed internally.
    Comments: 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 collections of information are necessary for the 
proper performance of the OCC's functions, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's estimates of the burden of the 
information collections, including the validity of the methodology and 
assumptions used;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of information collections 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: December 20, 2016.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2016-31149 Filed 12-23-16; 8:45 am]
 BILLING CODE 4810-33-P

95302 Federal Register / Vol. 81, No. 248 / Tuesday, December 27, 2016 / Notices

7th Street SW., Washington, DC 20219. improving service delivery. Qualitative • It does not gather information to be
For security reasons, the OCC requires feedback is information that provides used for the purpose of substantially
that visitors make an appointment to useful insights on perceptions and informing influential policy decisions;
inspect comments. You may do so by opinions but does not include statistical and
calling (202) 649–6700 or, for persons survey or quantitative results that can be • It gathers information that will
who are deaf or hard of hearing, TTY, attributed to the population of study. yield qualitative information and will
(202) 649–5597. Upon arrival, visitors This qualitative feedback provides not be designed or expected to yield
will be required to present valid insights into customer or stakeholder statistically reliable results or used to
government-issued photo identification perceptions, experiences, and reach general conclusions about the
and submit to security screening in expectations; provides an early warning population of study.
order to inspect and photocopy of issues with service; and/or focuses Feedback collected provides useful
comments. attention on areas where information, but it does not yield data
All comments received, including communication, training, or changes in that can be attributed to the overall
attachments and other supporting operations might improve delivery of population. This type of generic
materials, are part of the public record products or services. It also enables clearance for qualitative information
and subject to public disclosure. Do not ongoing, collaborative, and actionable will not be used for quantitative
include any information in your communications between the OCC, and information collections.
comment or supporting materials that its customers and stakeholders, while As a general matter, information
you consider confidential or also utilizing feedback to improve collections will not result in any new
inappropriate for public disclosure. program management. system of records containing privacy
FOR FURTHER INFORMATION CONTACT: Soliciting feedback targets areas such information and will not ask questions
Shaquita Merritt, OCC Clearance as timeliness, appropriateness, accuracy of a sensitive nature.
Officer, (202) 649–5490 or, for persons of information, courtesy, efficiency of Comments: Comments submitted in
who are deaf or hard of hearing, TTY, service delivery, and resolution of response to this notice will be
(202) 649–5597, Legislative and issues related to service delivery. The summarized and included in the request
Regulatory Activities Division, Office of responses are used to inform and plan for OMB approval. All comments will
the Comptroller of the Currency, 400 7th efforts to improve or maintain the become a matter of public record.
Street SW., Suite 3E–218, Mail Stop quality of service offered to the public. Comments are invited on:
9W–11, Washington, DC 20219. If the OCC does not collect this (a) Whether the collection of
information, it will not have access to information is necessary for the proper
SUPPLEMENTARY INFORMATION: Under the
vital feedback from customers and performance of the functions of the
PRA (44 U.S.C. 3501–3520), Federal OCC, including whether the information
agencies must obtain approval from stakeholders.
Under this generic ICR, the OCC will has practical utility;
OMB for each collection of information (b) The accuracy of the OCC’s
submit a specific information collection
that they conduct or sponsor. The term estimate of the burden of the
for approval only if the collection meets
‘‘collection of information’’ is defined in information collection;
the following conditions:
44 U.S.C. 3502(3) and 5 CFR 1320.3(c) • It is voluntary; (c) Ways to enhance the quality,
and includes agency requests or • It imposes a low burden on utility, and clarity of the information to
requirements that members of the public respondents (based on considerations of be collected;
submit reports, keep records, or provide total burden hours, total number of (d) Ways to minimize the burden of
information to a third party. Section respondents, or burden-hours per the collection on respondents, including
3506(c)(2)(A) of title 44 requires Federal respondent) and a low cost on both through the use of automated collection
agencies to publish a 60-day notice in respondents and the Federal techniques or other forms of information
the Federal Register concerning each government; technology; and
proposed collection of information, • It is non-controversial and does not (e) Estimates of capital or start-up
including each proposed extension of an raise issues of concern to other Federal costs and costs of operation,
existing collection of information, agencies; maintenance, and purchase of services
before submitting the collection to OMB • It is targeted to solicit opinions to provide information.
for approval. To comply with this from respondents who have experience Dated: December 20, 2016.
requirement, the OCC is publishing this with the program or will have such
notice of the renewal of the following Karen Solomon,
experience in the near future;
information collection: • It includes personally identifiable Deputy Chief Counsel, Office of the
Title: Generic Clearance for the Comptroller of the Currency.
information (PII) only to the extent
Collection of Qualitative Feedback on [FR Doc. 2016–31148 Filed 12–23–16; 8:45 am]
necessary, and the OCC does not retain
Agency Service Delivery. the PII 1; BILLING CODE 4810–33–P
OMB Control No.: 1557–0248. • It gathers information intended to
Type of Review: Regular. be used internally only for general
Affected Public: Businesses or other service improvement and program DEPARTMENT OF THE TREASURY
for-profit. management purposes and not intended
Frequency of Response: On occasion. Office of the Comptroller of the
for release outside of the OCC (if Currency
Burden Estimate:
asabaliauskas on DSK3SPTVN1PROD with NOTICES

released, the OCC must indicate the
Number of Respondents: 3,000. qualitative nature of the information); Agency Information Collection
Total Annual Burden: 2,350. Activities: Information Collection
Description: This generic information 1 The OCC may retain PII only in limited
Renewal; Comment Request; Financial
collection request (ICR) provides a circumstances, and if it does so, the OCC must
Management Policies—Interest Rate
means to solicit qualitative customer comply with applicable requirements, restrictions,
and prohibitions of the Privacy Act and other Risk
and stakeholder feedback in an efficient, privacy and confidentiality laws that govern the
timely manner, in accordance with the collection, retention, use, and/or disclosure of such AGENCY: Office of the Comptroller of the
Federal government’s commitment to PII. Currency (OCC), Treasury.

VerDate Sep<11>2014 20:45 Dec 23, 2016 Jkt 241001 PO 00000 Frm 00205 Fmt 4703 Sfmt 4703 E:\FR\FM\27DEN1.SGM 27DEN1

Federal Register / Vol. 81, No. 248 / Tuesday, December 27, 2016 / Notices 95303

ACTION: Notice and request for comment. SUPPLEMENTARY INFORMATION: Under the including through the use of automated
PRA (44 U.S.C. 3501–3520), Federal collection techniques or other forms of
SUMMARY: The OCC, as part of its agencies must obtain approval from information technology; and
continuing effort to reduce paperwork OMB for each collection of information (e) Estimates of capital or start-up
and respondent burden, invites the that they conduct or sponsor. The term costs and costs of operation,
general public and other Federal ‘‘collection of information’’ is defined in maintenance, and purchase of services
agencies to take this opportunity to 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to provide information.
comment on a continuing information and includes agency requests or
collection as required by the Paperwork Dated: December 20, 2016.
requirements that members of the public Karen Solomon,
Reduction Act of 1995 (PRA). submit reports, keep records, or provide
In accordance with the requirements Deputy Chief Counsel, Office of the
information to a third party. Comptroller of the Currency.
of the PRA, the OCC may not conduct Section 3506(c)(2)(A) of title 44
or sponsor, and the respondent is not requires Federal agencies to publish a [FR Doc. 2016–31149 Filed 12–23–16; 8:45 am]
required to respond to, an information 60-day notice in the Federal Register BILLING CODE 4810–33–P
collection unless it displays a currently concerning each proposed collection of
valid Office of Management and Budget information, including each proposed
(OMB) control number. DEPARTMENT OF THE TREASURY
extension of an existing collection of
The OCC is soliciting comment information, before submitting the
concerning renewal of its information Office of Foreign Assets Control
collection to OMB for approval. To
collection titled, ‘‘Financial comply with this requirement, the OCC Sanctions Actions Pursuant to
Management Policies—Interest Rate is publishing this notice of the renewal Executive Orders 13661, 13662, and
Risk.’’ of the following information collection: 13685
DATES: Comments must be submitted on Title: Financial Management
or before February 27, 2017. Policies—Interest Rate Risk. AGENCY: Office of Foreign Assets
OMB Control No.: 1557–0299. Control, Treasury.
ADDRESSES: Because paper mail in the
Washington, DC area and at the OCC is Type of Review: Regular. ACTION: Notice.
subject to delay, commenters are Affected Public: Businesses or other
for-profit. SUMMARY: The Treasury Department’s
encouraged to submit comments by Office of Foreign Assets Control (OFAC)
email, if possible. Comments may be Frequency of Response: On occasion.
Burden Estimate: is publishing the names of 15 persons
sent to: Legislative and Regulatory whose property and interests in
Estimated Number of Respondents:
Activities Division, Office of the property are blocked, and two vessels
390.
Comptroller of the Currency, Attention: Estimated Annual Burden: 15,600. identified as property in which a
1557–0299, 400 7th Street SW., Suite Description: This information specially designated national has an
3E–218, Mail Stop 9W–11, Washington, collection covers the recordkeeping interest and are therefore blocked,
DC 20219. In addition, comments may burden for maintaining data in pursuant to one or more of the following
be sent by fax to (571) 465–4326 or by accordance with OCC’s regulation on authorities: Executive Order (E.O.)
electronic mail to prainfo@occ.treas.gov. interest rate risk procedures, 12 CFR 13661 and E.O. 13685; and other entities
You may personally inspect and 163.176. The purpose of the regulation who are subject to the prohibitions of a
photocopy comments at the OCC, 400 is to ensure that Federal savings directive under E.O. 13662.
7th Street SW., Washington, DC 20219. associations are managing their
For security reasons, the OCC requires DATES: OFAC’s actions described in this
exposure to interest rate risk notice were effective on December 20,
that visitors make an appointment to appropriately. To comply with this
inspect comments. You may do so by 2016, as further specified below.
reporting requirement, institutions need
calling (202) 649–6700 or, for persons FOR FURTHER INFORMATION CONTACT: The
to maintain sufficient records to
who are deaf or hard of hearing, TTY, Department of the Treasury’s Office of
document how their interest rate risk
(202) 649–5597. Upon arrival, visitors Foreign Assets Control: Assistant
exposure is monitored and managed
will be required to present valid Director for Licensing, tel.: 202–622–
internally.
government-issued photo identification 2480, Assistant Director for Regulatory
Comments: Comments submitted in
and submit to security screening in Affairs, tel.: 202–622–4855, Assistant
response to this notice will be
order to inspect and photocopy Director for Sanctions Compliance &
summarized and included in the request
comments. Evaluation, tel.: 202–622–2490; or the
for OMB approval. All comments will
All comments received, including Department of the Treasury’s Office of
become a matter of public record.
attachments and other supporting the Chief Counsel (Foreign Assets
Comments are invited on:
materials, are part of the public record (a) Whether the collections of Control), Office of the General Counsel,
and subject to public disclosure. Do not information are necessary for the proper tel.: 202–622–2410.
include any information in your performance of the OCC’s functions, SUPPLEMENTARY INFORMATION:
comment or supporting materials that including whether the information has
you consider confidential or Electronic Availability
practical utility;
inappropriate for public disclosure. (b) The accuracy of the OCC’s The Specially Designated Nationals
FOR FURTHER INFORMATION CONTACT: and Blocked Persons List and additional
asabaliauskas on DSK3SPTVN1PROD with NOTICES

estimates of the burden of the
Shaquita Merritt, OCC Clearance information collections, including the information concerning OFAC sanctions
Officer, (202) 649–5490 or, for persons validity of the methodology and programs are available on OFAC’s Web
who are deaf or hard of hearing, TTY, assumptions used; site (www.treas.gov/ofac). A complete
(202) 649–5597, Legislative and (c) Ways to enhance the quality, listing of persons determined to be
Regulatory Activities Division, Office of utility, and clarity of the information to subject to one or more directives under
the Comptroller of the Currency, 400 7th be collected; E.O. 13662, as discussed in detail in this
Street SW., Suite 3E–218, Mail Stop (d) Ways to minimize the burden of Notice, can be found in the Sectoral
9W–11, Washington, DC 20219. information collections on respondents, Sanctions Identifications List at http://

VerDate Sep<11>2014 20:45 Dec 23, 2016 Jkt 241001 PO 00000 Frm 00206 Fmt 4703 Sfmt 4703 E:\FR\FM\27DEN1.SGM 27DEN1

Document Created: 2018-02-14 09:13:45
Document Modified: 2018-02-14 09:13:45

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		Notice and request for comment.
Dates		Comments must be submitted on or before February 27, 2017.
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.
FR Citation		81 FR 95302

81 FR 95302 - Agency Information Collection Activities: Information Collection Renewal; Comment Request; Financial Management Policies-Interest Rate Risk

DEPARTMENT OF THE TREASURYOffice of the Comptroller of the Currency

Federal Register Volume 81, Issue 248 (December 27, 2016)

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency