82_FR_19799 82 FR 19718 - Agency Information Collection Activities: Proposed Collection Renewals; Comment Request (3064-0099; -0118; -0148 and -0153)

82 FR 19718 - Agency Information Collection Activities: Proposed Collection Renewals; Comment Request (3064-0099; -0118; -0148 and -0153)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 82, Issue 81 (April 28, 2017)

Page Range19718-19721
FR Document2017-08667

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 existing information collections, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comment on renewal of the information collections described below.

Federal Register, Volume 82 Issue 81 (Friday, April 28, 2017)
[Federal Register Volume 82, Number 81 (Friday, April 28, 2017)]
[Notices]
[Pages 19718-19721]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-08667]


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

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewals; Comment Request (3064-0099; -0118; -0148 and -0153)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

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 existing 
information collections, as required by the Paperwork Reduction Act of 
1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comment 
on renewal of the information collections described below.

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

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/notices.html.
     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 3007 or 
Jennifer Jones (202-898-6768), 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 or Jennifer Jones, at the 
FDIC address noted above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collections of information:
    1. Title: Application for Waiver of Prohibition on Acceptance of 
Brokered Deposits.
    OMB Number: 3064-0099.
    Form Number: None.
    Affected Public: Insured state nonmember banks and state savings 
associations.
    Burden Estimate:

----------------------------------------------------------------------------------------------------------------
                                           Estimated    Estimated time                             Total annual
            Type of burden                 number of     per response     Frequency of response      estimated
                                          respondents       (hours)                               burden (hours)
----------------------------------------------------------------------------------------------------------------
Reporting.............................              30               6  On Occasion.............             180
----------------------------------------------------------------------------------------------------------------

    General Description of Collection: Section 29 of the Federal 
Deposit Insurance Act prohibits undercapitalized insured depository 
institutions from accepting, renewing, or rolling over any brokered 
deposits. Adequately capitalized institutions may do so with a waiver 
from the FDIC, while well-capitalized institutions may accept, renew, 
or roll over brokered deposits without restriction. This information 
collection captures the burden associated with preparing and filing an 
application for a waiver of the

[[Page 19719]]

prohibition on the acceptance of brokered deposits.
    There is no change in the method or substance of the collection. 
The overall reduction in burden hours is a result of economic 
fluctuation. In particular, the number of respondents has decreased 
while the hours per response remain the same.
    2. Title: Management Official Interlocks.
    OMB Number: 3064-0118.
    Form Number: None.
    Affected Public: Insured state nonmember banks and state savings 
associations.
    Burden Estimate:

----------------------------------------------------------------------------------------------------------------
                                           Estimated                                               Total annual
            Type of burden                 number of    Estimated time    Frequency of response      estimated
                                          respondents    per response                             burden (hours)
----------------------------------------------------------------------------------------------------------------
Reporting.............................               3               7  On Occasion.............              21
----------------------------------------------------------------------------------------------------------------

    General Description of Collection: The FDIC's Management Official 
Interlocks regulation, 12 CFR 348, which implements the Depository 
Institutions Management Interlocks Act (DIMIA), 12 U.S.C. 3201-3208, 
generally prohibits bank management officials from serving 
simultaneously with two unaffiliated depository institutions or their 
holding companies but allows the FDIC to grant exemptions in 
appropriate circumstances. Consistent with DIMIA, the FDIC's Management 
Official Interlocks regulation has an application requirement requiring 
information specified in the FDIC's procedural regulation. The rule 
also contains a notification requirement.
    There is no change in the method or substance of the collection. 
The overall reduction in burden hours is a result of economic 
fluctuation as well as the change in complexity of the reporting 
institutions. In particular, the number of respondents has decreased 
while the hours per response have increased due to the complexity of 
the reporting institutions.
    3. Title: Interagency Statement on Sound Practices Concerning 
Complex Structured Finance Transactions.
    OMB Number: 3064-0148.
    Form Number: Interagency Statement on Sound Practices Concerning 
Elevated Risk Complex Structured Finance Activities.
    Affected Public: Insured state nonmember banks and state savings 
associations.
    Burden Estimate:

----------------------------------------------------------------------------------------------------------------
                                           Estimated                                               Total annual
            Type of burden                 number of    Estimated time    Frequency of response      estimated
                                          respondents    per response                             burden (hours)
----------------------------------------------------------------------------------------------------------------
Recordkeeping.........................               4              25  On Occasion.............             100
----------------------------------------------------------------------------------------------------------------

    General Description of Collection: The Interagency Statement on 
Sound Practices Concerning Complex Structured Finance Transactions 
describes the types of internal controls and risk management procedures 
that the Agencies believe are particularly effective in assisting 
financial institutions to identify, evaluate, assess, document, and 
control the full range of credit, market, operational, legal and 
reputational risks. A financial institution that engages in complex 
structured finance transactions should maintain a set of formal, 
written, firm-wide policies and procedures that are designed to allow 
the institution to identify and assess these risks.
    There is no change in the method or substance of the collection. 
The overall reduction in burden hours is a result of economic 
fluctuation. In particular, the number of respondents has decreased 
while the hours per response remain the same.
    4. Title: Regulatory Capital Rules.
    OMB Number: 3064-0153.
    Form Number: None.
    Affected Public: State nonmember banks, state savings associations, 
and certain subsidiaries of those entities.
    Burden Estimate:

                                                                 Estimated Hourly Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                            Estimated                                                      Total annual
                                                Type of burden              number of    Estimated time       Frequency of response          estimated
                                                                           respondents    per response                                        burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                               BASEL III Advanced Approaches: Recordkeeping and disclosure
--------------------------------------------------------------------------------------------------------------------------------------------------------
Implementation plan--Section           Recordkeeping...................               2           330.0  On Occasion....................             660
 _.121(b): Ongoing.
Documentation of advanced systems--    Recordkeeping...................               2            19.0  On Occasion....................              38
 Section _.122(j): Ongoing.
Systems maintenance--Sections          Recordkeeping...................               2            27.9  On Occasion....................              56
 _.122(a), _123(a), _.124(a): Ongoing.
Supervisory approvals--Sections        Recordkeeping...................               2            16.8  On Occasion....................              34
 _.122(d)-(h), _.132(b)(3),
 _.132(d)(1), _.132(d)(1)(iii):
 Ongoing.
Control, oversight and verification    Recordkeeping...................               2            11.1  On Occasion....................              22
 of systems--Sections _.122 to _.124:
 Ongoing.
(CCR)--Section _.132(b)(2)(iii)(A):    Recordkeeping...................               1            80.0  On Occasion....................              80
 One-time.
(CCR)--Section _.132(b)(2)(iii)(A):    Recordkeeping...................               2            16.0  On Occasion....................              32
 Ongoing.
(CCR)--Section _.132(d)(2)(iv): One-   Recordkeeping...................               1            80.0  On Occasion....................              80
 time.
(CCR)--Section _.132(d)(2)(iv):        Recordkeeping...................               2            40.0  On Occasion....................              80
 Ongoing.
(CCR)--Section _.132(d)(3)(vi): One-   Recordkeeping...................               1            80.0  On Occasion....................              80
 time.

[[Page 19720]]

 
(CCR)--Section _.132(d)(3)(viii): One- Recordkeeping...................               1            80.0  On Occasion....................              80
 time.
(CCR)--Section _.132(d)(3)(viii):      Recordkeeping...................               2            10.0  Quarterly......................              80
 Ongoing.
(CCR)--Section _.132(d)(3)(ix): One-   Recordkeeping...................               1            40.0  On Occasion....................              40
 time.
(CCR)--Section _.132(d)(3)(ix):        Recordkeeping...................               2            40.0  On Occasion....................              80
 Ongoing.
(CCR)--Section _.132(d)(3)(x): One-    Recordkeeping...................               1            20.0  On Occasion....................              20
 time.
(CCR)--Section _.132(d)(3)(xi): One-   Recordkeeping...................               1            40.0  On Occasion....................              40
 time.
(CCR)--Section _.132(d)(3)(xi):        Recordkeeping...................               2            40.0  On Occasion....................              80
 Ongoing.
(OC)--Section _.141(b)(3),             Recordkeeping...................               1            40.0  On Occasion....................              40
 _.141(c)(1), _.141(c)(2)(i)-(ii),
 _.153: One-time.
(OC)--Section _.141(c)(2)(i)-(ii):     Recordkeeping...................               2            10.0  Quarterly......................              80
 Ongoing.
Sections _.142 and _.171: Ongoing....  Disclosure......................               2             5.8  On Occasion....................              12
(CCB and CCYB)--Section _.173, Table   Disclosure......................               2            35.0  Quarterly......................             280
 4 (CR) _.173, Table 5
 (Securitization) _.173, Table 9
 (IRR) _.173, Table 12: Ongoing.
(CCB and CCYB)--Section _.173, Table   Disclosure......................               1           280.0  On Occasion....................             280
 4 (CR) Section _.173, Table 5 (Sec.)
 Section _.173, Table 9 (IRR) Section
 _.173, Table 12: One-time.
                                                                        --------------------------------                                 ---------------
    Subtotal: One-time Recordkeeping   ................................  ..............  ..............  ...............................             740
     and Disclosure.
                                                                        --------------------------------                                 ---------------
    Subtotal: Ongoing Recordkeeping    ................................  ..............  ..............  ...............................           1,533
     and Disclosure.
                                                                        --------------------------------                                 ---------------
        Total Recordkeeping and        ................................  ..............  ..............  ...............................           2,273
         Disclosure.
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                    Minimum Regulatory Capital Ratios: Recordkeeping
--------------------------------------------------------------------------------------------------------------------------------------------------------
(CCR Operational Requirements)--       Recordkeeping...................           3,787            16.0  On Occasion....................          60,592
 Sections _.3(c) and
 _.22(h)(2)(iii)(A): Ongoing.
                                                                        --------------------------------                                 ---------------
    Subtotal: One-time Recordkeeping.  ................................  ..............  ..............  ...............................               0
                                                                        --------------------------------                                 ---------------
    Subtotal: Ongoing Recordkeeping..  ................................  ..............  ..............  ...............................          60,592
                                                                        --------------------------------                                 ---------------
        Total Recordkeeping..........  ................................  ..............  ..............  ...............................          60,592
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                   Standardized Approach: Recordkeeping and Disclosure
--------------------------------------------------------------------------------------------------------------------------------------------------------
(QCCP)--Section _.35(b)(3)(i)(A): One- Recordkeeping...................               1             2.0  On Occasion....................               2
 time.
(QCCP)--Section _.35(b)(3)(i)(A):      Recordkeeping...................           3,787             2.0  On Occasion....................           7,574
 Ongoing.
(CT)--Section _.37(c)(4)(i)(E): One-   Recordkeeping...................               1            80.0  On Occasion....................              80
 time.
(CT)--Section _.37(c)(4)(i)(E):        Recordkeeping...................           3,787            16.0  On Occasion....................          60,592
 Ongoing.
(SE)--Section _.41(b)(3) and           Recordkeeping...................               1            40.0  On Occasion....................              40
 _.41(c)(2)(i): One-time.
(SE)--Section _.41(c)(2)(i): Ongoing.  Recordkeeping...................           3,787             2.0  On Occasion....................           7,574
(S.E.)--Section _ .42(e)(2), (C.R.)    Disclosure......................               1           226.3  On Occasion....................             226
 Sections_ .62(a), (b), & (c), (Q&Q)
 Sections_ .63(a) & (b): One-time.
(S.E.)--Section _.42(e)(2), (C.R.)     Disclosure......................               1           131.3  Quarterly......................             525
 Sections_ .62(a), (b), & (c), (Q&Q)
 Sections_. 63(a) & (b) and _ .63
 Tables: Ongoing.
                                                                        --------------------------------                                 ---------------
    Subtotal: One-time Recordkeeping   ................................  ..............  ..............  ...............................             348
     and Disclosure.
                                                                        --------------------------------                                 ---------------
    Subtotal: Ongoing Recordkeeping    ................................  ..............  ..............  ...............................          76,265
     and Disclosure.
                                                                        --------------------------------                                 ---------------
        Total Recordkeeping and        ................................  ..............  ..............  ...............................          76,613
         Disclosure.
                                                                        --------------------------------                                 ---------------
            Total Burden Hours.......  ................................  ..............  ..............  ...............................         139,478
--------------------------------------------------------------------------------------------------------------------------------------------------------

    General Description of Collection: This collection comprises the 
disclosure and recordkeeping requirements associated with minimum 
capital requirements and overall capital adequacy standards for insured 
state nonmember banks, state savings associations, and certain 
subsidiaries of those entities. The data is used by the FDIC to 
evaluate capital before approving various applications by insured 
depository institutions, to

[[Page 19721]]

evaluate capital as an essential component in determining safety and 
soundness, and to determine whether an institution is subject to prompt 
corrective action provisions.
    There is no change in the method or substance of the collection. 
The overall reduction in burden hours is a result of economic 
fluctuation. In particular, the number of respondents has decreased 
while the hours per response remain the same.

Request for Comment

    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 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; 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 25th day of April 2017.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017-08667 Filed 4-27-17; 8:45 am]
 BILLING CODE 6714-01-P



                                                    19718                                     Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices

                                                      Section 351.20(f)(1) applies to                                     One additional institution growing in                       agencies to take this opportunity to
                                                    banking entities with no covered                                      size to a degree that now makes it                          comment on the renewal of existing
                                                    activities. A banking entity that does not                            subject to 12 CFR 351.20(b) and (e)                         information collections, as required by
                                                    engage in activities or investments                                   recordkeeping requirements; and (ii) an                     the Paperwork Reduction Act of 1995
                                                    pursuant to subpart B or subpart C                                    agency adjustment in its estimate of                        (44 U.S.C. chapter 35). Currently, the
                                                    (other than trading activities permitted                              respondents affected by the                                 FDIC is soliciting comment on renewal
                                                    pursuant to § 351.6(a) of subpart B) may                              recordkeeping requirements in 12 CFR                        of the information collections described
                                                    satisfy the requirements of this section                              351.20(f)(1) due to the inadvertent                         below.
                                                    by establishing the required compliance                               omission of a class of respondents in its                   DATES: Comments must be submitted on
                                                    program prior to becoming engaged in                                  prior estimate.                                             or before June 27, 2017.
                                                    such activities or making such
                                                    investments (other than trading                                       Request for Comment                                         ADDRESSES: Interested parties are
                                                    activities permitted pursuant to                                        Comments are invited on: (a) Whether                      invited to submit written comments to
                                                    § 351.6(a) of subpart B).                                             the collections of information are                          the FDIC by any of the following
                                                      Section 351.20(f)(2) applies to                                     necessary for the proper performance of                     methods:
                                                    banking entities with modest activities.                              the FDIC’s functions, including whether                        • http://www.FDIC.gov/regulations/
                                                    A banking entity with total consolidated                              the information has practical utility; (b)                  laws/federal/notices.html.
                                                    assets of $10 billion or less as reported                             the accuracy of the estimates of the                           • Email: comments@fdic.gov. Include
                                                    on December 31 of the previous two                                    burden of the information collections,                      the name and number of the collection
                                                    calendar years may satisfy the                                        including the validity of the                               in the subject line of the message.
                                                    requirements of this section by                                       methodology and assumptions used; (c)                          • Mail: Manny Cabeza (202–898–
                                                    including in its existing compliance                                  ways to enhance the quality, utility, and                   3767). Counsel, MB 3007 or Jennifer
                                                    policies and procedures appropriate                                   clarity of the information to be                            Jones (202–898–6768), Counsel, MB–
                                                    references to the statutory and                                       collected; and (d) ways to minimize the                     3105, Federal Deposit Insurance
                                                    regulatory requirements and                                           burden of the collections of information                    Corporation, 550 17th Street NW.,
                                                    adjustments as appropriate given the                                  on respondents, including through the                       Washington, DC 20429.
                                                    activities, size, scope and complexity of                             use of automated collection techniques                         • Hand Delivery: Comments may be
                                                    the banking entity.                                                   or other forms of information                               hand-delivered to the guard station at
                                                                                                                          technology. All comments will become                        the rear of the 17th Street Building
                                                    Disclosure Requirements
                                                                                                                          a matter of public record.                                  (located on F Street), on business days
                                                      Section 351.11(a)(8)(i) requires that a                                                                                         between 7:00 a.m. and 5:00 p.m.
                                                                                                                            Dated at Washington, DC, this 24th day of
                                                    banking entity make certain clear and                                                                                                All comments should refer to the
                                                                                                                          April 2017.
                                                    conspicuous written disclosures to any                                                                                            relevant OMB control number. A copy
                                                                                                                          Federal Deposit Insurance Corporation.
                                                    prospective and actual investor in a                                                                                              of the comments may also be submitted
                                                    covered fund (such as through                                         Robert E. Feldman,
                                                                                                                                                                                      to the OMB desk officer for the FDIC:
                                                    disclosure in the covered fund’s offering                             Executive Secretary.
                                                                                                                                                                                      Office of Information and Regulatory
                                                    documents).                                                           [FR Doc. 2017–08604 Filed 4–27–17; 8:45 am]                 Affairs, Office of Management and
                                                      There is no change in the method or                                 BILLING CODE 6714–01–P                                      Budget, New Executive Office Building,
                                                    substance of this information collection.                                                                                         Washington, DC 20503.
                                                    The annual burden estimate has been
                                                                                                                          FEDERAL DEPOSIT INSURANCE                                   FOR FURTHER INFORMATION CONTACT:
                                                    reduced from 28,234 hours to 17,763
                                                                                                                          CORPORATION                                                 Manny Cabeza or Jennifer Jones, at the
                                                    hours primarily because the FDIC
                                                                                                                                                                                      FDIC address noted above.
                                                    estimates that all FDIC-supervised
                                                    institutions have now completed the                                   Agency Information Collection                               SUPPLEMENTARY INFORMATION: Proposal
                                                    implementation phase of the                                           Activities: Proposed Collection                             to renew the following currently
                                                    information collection and are no longer                              Renewals; Comment Request (3064–                            approved collections of information:
                                                    subject to that burden. FDIC is using one                             0099; –0118; –0148 and –0153)                                  1. Title: Application for Waiver of
                                                    (1) respondent as a place-holder for                                  AGENCY: Federal Deposit Insurance                           Prohibition on Acceptance of Brokered
                                                    implementation burden. Another reason                                 Corporation (FDIC).                                         Deposits.
                                                    for the reduction in burden is that fewer                                                                                            OMB Number: 3064–0099.
                                                                                                                          ACTION: Notice and request for comment.
                                                    institutions are subject to reporting,                                                                                               Form Number: None.
                                                    recordkeeping and disclosure                                          SUMMARY:  The FDIC, as part of its                             Affected Public: Insured state
                                                    requirements. The foregoing reductions                                continuing effort to reduce paperwork                       nonmember banks and state savings
                                                    in burden more than offset a modest                                   and respondent burden, invites the                          associations.
                                                    increase in burden attributable to: (i)                               general public and other Federal                               Burden Estimate:

                                                                                                                                                                                                                                  Total annual
                                                                                                                           Estimated       Estimated time                                                                          estimated
                                                                          Type of burden                                   number of        per response                        Frequency of response                               burden
                                                                                                                          respondents          (hours)                                                                              (hours)
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                    Reporting .........................................................              30                   6      On Occasion ..................................................            180



                                                      General Description of Collection:                                  or rolling over any brokered deposits.                      deposits without restriction. This
                                                    Section 29 of the Federal Deposit                                     Adequately capitalized institutions may                     information collection captures the
                                                    Insurance Act prohibits                                               do so with a waiver from the FDIC,                          burden associated with preparing and
                                                    undercapitalized insured depository                                   while well-capitalized institutions may                     filing an application for a waiver of the
                                                    institutions from accepting, renewing,                                accept, renew, or roll over brokered


                                               VerDate Sep<11>2014        17:38 Apr 27, 2017       Jkt 241001      PO 00000   Frm 00067   Fmt 4703   Sfmt 4703    E:\FR\FM\28APN1.SGM           28APN1


                                                                                              Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices                                                                        19719

                                                    prohibition on the acceptance of                                      number of respondents has decreased                              Form Number: None.
                                                    brokered deposits.                                                    while the hours per response remain the                          Affected Public: Insured state
                                                      There is no change in the method or                                 same.                                                          nonmember banks and state savings
                                                    substance of the collection. The overall                                2. Title: Management Official                                associations.
                                                    reduction in burden hours is a result of                              Interlocks.
                                                    economic fluctuation. In particular, the                                OMB Number: 3064–0118.                                         Burden Estimate:

                                                                                                                                                                                                                                      Total annual
                                                                                                                           Estimated         Estimated time                                                                            estimated
                                                                          Type of burden                                   number of                                               Frequency of response
                                                                                                                                              per response                                                                              burden
                                                                                                                          respondents                                                                                                   (hours)

                                                    Reporting .........................................................                 3                    7      On Occasion ..................................................              21



                                                      General Description of Collection: The                              requirement requiring information                                3. Title: Interagency Statement on
                                                    FDIC’s Management Official Interlocks                                 specified in the FDIC’s procedural                             Sound Practices Concerning Complex
                                                    regulation, 12 CFR 348, which                                         regulation. The rule also contains a                           Structured Finance Transactions.
                                                    implements the Depository Institutions                                notification requirement.                                        OMB Number: 3064–0148.
                                                    Management Interlocks Act (DIMIA), 12                                   There is no change in the method or
                                                    U.S.C. 3201–3208, generally prohibits                                 substance of the collection. The overall                         Form Number: Interagency Statement
                                                    bank management officials from serving                                reduction in burden hours is a result of                       on Sound Practices Concerning Elevated
                                                    simultaneously with two unaffiliated                                  economic fluctuation as well as the                            Risk Complex Structured Finance
                                                    depository institutions or their holding                              change in complexity of the reporting                          Activities.
                                                    companies but allows the FDIC to grant                                institutions. In particular, the number of                       Affected Public: Insured state
                                                    exemptions in appropriate                                             respondents has decreased while the                            nonmember banks and state savings
                                                    circumstances. Consistent with DIMIA,                                 hours per response have increased due                          associations.
                                                    the FDIC’s Management Official                                        to the complexity of the reporting
                                                    Interlocks regulation has an application                              institutions.                                                    Burden Estimate:

                                                                                                                                                                                                                                      Total annual
                                                                                                                           Estimated         Estimated time                                                                            estimated
                                                                          Type of burden                                   number of                                               Frequency of response
                                                                                                                                              per response                                                                              burden
                                                                                                                          respondents                                                                                                   (hours)

                                                    Recordkeeping ................................................                      4                   25      On Occasion ..................................................             100



                                                       General Description of Collection: The                             reputational risks. A financial                                number of respondents has decreased
                                                    Interagency Statement on Sound                                        institution that engages in complex                            while the hours per response remain the
                                                    Practices Concerning Complex                                          structured finance transactions should                         same.
                                                    Structured Finance Transactions                                       maintain a set of formal, written, firm-                         4. Title: Regulatory Capital Rules.
                                                    describes the types of internal controls                              wide policies and procedures that are                            OMB Number: 3064–0153.
                                                    and risk management procedures that                                   designed to allow the institution to
                                                    the Agencies believe are particularly                                 identify and assess these risks.                                 Form Number: None.
                                                    effective in assisting financial                                         There is no change in the method or                           Affected Public: State nonmember
                                                    institutions to identify, evaluate, assess,                           substance of the collection. The overall                       banks, state savings associations, and
                                                    document, and control the full range of                               reduction in burden hours is a result of                       certain subsidiaries of those entities.
                                                    credit, market, operational, legal and                                economic fluctuation. In particular, the                         Burden Estimate:

                                                                                                                                 ESTIMATED HOURLY BURDEN
                                                                                                                                                          Estimated                                                                   Total annual
                                                                                                                                                                               Estimated time               Frequency of
                                                                                                                                Type of burden            number of                                                                    estimated
                                                                                                                                                                                per response                  response
                                                                                                                                                         respondents                                                                    burden

                                                                                                           BASEL III Advanced Approaches: Recordkeeping and disclosure

                                                    Implementation plan—Section _.121(b): Ongoing                             Recordkeeping ......                        2                 330.0      On Occasion .........                   660
                                                    Documentation of advanced systems—Section _                               Recordkeeping ......                        2                  19.0      On Occasion .........                    38
                                                      .122(j): Ongoing.
                                                    Systems maintenance—Sections _.122(a), _                                  Recordkeeping ......                        2                  27.9      On Occasion .........                    56
                                                      123(a), _.124(a): Ongoing.
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                    Supervisory approvals—Sections _.122(d)–(h), _                            Recordkeeping ......                        2                  16.8      On Occasion .........                    34
                                                      .132(b)(3), _.132(d)(1), _.132(d)(1)(iii): Ongoing.
                                                    Control, oversight and verification of systems—                           Recordkeeping ......                        2                  11.1      On Occasion .........                    22
                                                      Sections _.122 to _.124: Ongoing.
                                                    (CCR)—Section _.132(b)(2)(iii)(A): One-time .......                       Recordkeeping    ......                     1                  80.0      On   Occasion      .........             80
                                                    (CCR)—Section _.132(b)(2)(iii)(A): Ongoing ........                       Recordkeeping    ......                     2                  16.0      On   Occasion      .........             32
                                                    (CCR)—Section _.132(d)(2)(iv): One-time ............                      Recordkeeping    ......                     1                  80.0      On   Occasion      .........             80
                                                    (CCR)—Section _.132(d)(2)(iv): Ongoing .............                      Recordkeeping    ......                     2                  40.0      On   Occasion      .........             80
                                                    (CCR)—Section _.132(d)(3)(vi): One-time ............                      Recordkeeping    ......                     1                  80.0      On   Occasion      .........             80



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                                                    19720                               Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices

                                                                                                              ESTIMATED HOURLY BURDEN—Continued
                                                                                                                                                         Estimated                                                                            Total annual
                                                                                                                                                                                 Estimated time                  Frequency of
                                                                                                                      Type of burden                     number of                                                                             estimated
                                                                                                                                                                                  per response                     response
                                                                                                                                                        respondents                                                                             burden

                                                    (CCR)—Section _.132(d)(3)(viii): One-time ..........            Recordkeeping           ......                         1                     80.0       On Occasion .........                       80
                                                    (CCR)—Section _.132(d)(3)(viii): Ongoing ...........            Recordkeeping           ......                         2                     10.0       Quarterly ...............                   80
                                                    (CCR)—Section _.132(d)(3)(ix): One-time ............            Recordkeeping           ......                         1                     40.0       On Occasion .........                       40
                                                    (CCR)—Section _.132(d)(3)(ix): Ongoing .............            Recordkeeping           ......                         2                     40.0       On Occasion .........                       80
                                                    (CCR)—Section _.132(d)(3)(x): One-time ............             Recordkeeping           ......                         1                     20.0       On Occasion .........                       20
                                                    (CCR)—Section _.132(d)(3)(xi): One-time ............            Recordkeeping           ......                         1                     40.0       On Occasion .........                       40
                                                    (CCR)—Section _.132(d)(3)(xi): Ongoing .............            Recordkeeping           ......                         2                     40.0       On Occasion .........                       80
                                                    (OC)—Section         _.141(b)(3),   _.141(c)(1),     _          Recordkeeping           ......                         1                     40.0       On Occasion .........                       40
                                                      .141(c)(2)(i)–(ii), _.153: One-time.
                                                    (OC)—Section _.141(c)(2)(i)–(ii): Ongoing ...........           Recordkeeping ......                                   2                     10.0       Quarterly ...............                   80
                                                    Sections _.142 and _.171: Ongoing .....................         Disclosure .............                               2                      5.8       On Occasion .........                       12
                                                    (CCB and CCYB)—Section _.173, Table 4 (CR)                      Disclosure .............                               2                     35.0       Quarterly ...............                  280
                                                      _.173, Table 5 (Securitization) _.173, Table 9
                                                      (IRR) _.173, Table 12: Ongoing.
                                                    (CCB and CCYB)—Section _.173, Table 4 (CR)                      Disclosure .............                                1                  280.0        On Occasion .........                      280
                                                      Section _.173, Table 5 (Sec.) Section _.173,
                                                      Table 9 (IRR) Section _.173, Table 12: One-
                                                      time.

                                                         Subtotal: One-time Recordkeeping and Dis-                  ...............................   ........................   ........................   ...............................            740
                                                           closure.

                                                         Subtotal: Ongoing Recordkeeping and Dis-                   ...............................   ........................   ........................   ...............................          1,533
                                                           closure.

                                                              Total Recordkeeping and Disclosure .....              ...............................   ........................   ........................   ...............................          2,273

                                                                                                           Minimum Regulatory Capital Ratios: Recordkeeping

                                                    (CCR Operational Requirements)—Sections _                       Recordkeeping ......                             3,787                        16.0      On Occasion .........                   60,592
                                                      .3(c) and _.22(h)(2)(iii)(A): Ongoing.

                                                         Subtotal: One-time Recordkeeping ...............           ...............................   ........................   ........................   ...............................                  0

                                                         Subtotal: Ongoing Recordkeeping .................          ...............................   ........................   ........................   ...............................         60,592

                                                              Total Recordkeeping ..............................    ...............................   ........................   ........................   ...............................         60,592

                                                                                                         Standardized Approach: Recordkeeping and Disclosure

                                                    (QCCP)—Section _.35(b)(3)(i)(A): One-time ........              Recordkeeping            ......                      1                        2.0       On   Occasion         .........              2
                                                    (QCCP)—Section _.35(b)(3)(i)(A): Ongoing .........              Recordkeeping            ......                  3,787                        2.0       On   Occasion         .........          7,574
                                                    (CT)—Section _.37(c)(4)(i)(E): One-time ..............          Recordkeeping            ......                      1                       80.0       On   Occasion         .........             80
                                                    (CT)—Section _.37(c)(4)(i)(E): Ongoing ...............          Recordkeeping            ......                  3,787                       16.0       On   Occasion         .........         60,592
                                                    (SE)—Section _.41(b)(3) and _.41(c)(2)(i): One-                 Recordkeeping            ......                      1                       40.0       On   Occasion         .........             40
                                                      time.
                                                    (SE)—Section _.41(c)(2)(i): Ongoing ....................        Recordkeeping ......                             3,787                        2.0       On Occasion .........                    7,574
                                                    (S.E.)—Section _ .42(e)(2), (C.R.) Sections_                    Disclosure .............                             1                      226.3       On Occasion .........                      226
                                                      .62(a), (b), & (c), (Q&Q) Sections_ .63(a) & (b):
                                                      One-time.
                                                    (S.E.)—Section _.42(e)(2), (C.R.) Sections_                     Disclosure .............                               1                    131.3       Quarterly ...............                  525
                                                      .62(a), (b), & (c), (Q&Q) Sections_. 63(a) & (b)
                                                      and _ .63 Tables: Ongoing.

                                                         Subtotal: One-time Recordkeeping and Dis-                  ...............................   ........................   ........................   ...............................            348
                                                           closure.

                                                         Subtotal: Ongoing Recordkeeping and Dis-                   ...............................   ........................   ........................   ...............................         76,265
                                                           closure.

                                                              Total Recordkeeping and Disclosure .....              ...............................   ........................   ........................   ...............................         76,613
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                                     Total Burden Hours .........................   ...............................   ........................   ........................   ...............................        139,478



                                                      General Description of Collection:                        requirements and overall capital                                            those entities. The data is used by the
                                                    This collection comprises the disclosure                    adequacy standards for insured state                                        FDIC to evaluate capital before
                                                    and recordkeeping requirements                              nonmember banks, state savings                                              approving various applications by
                                                    associated with minimum capital                             associations, and certain subsidiaries of                                   insured depository institutions, to



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                                                                                     Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices                                          19721

                                                    evaluate capital as an essential                        President) 230 South LaSalle Street,                  3090–0292. Select the link ‘‘Comment
                                                    component in determining safety and                     Chicago, Illinois 60690–1414:                         Now’’ that corresponds with
                                                    soundness, and to determine whether an                     1. James P Cravens Stock Trust, James              ‘‘Information Collection 3090–0292,
                                                    institution is subject to prompt                        P Cravens Trustee, Sanborn, Iowa, and                 FFATA Subaward and Executive
                                                    corrective action provisions.                           Marilyn Lee Cravens Stock Trust,                      Compensation Reporting
                                                      There is no change in the method or                   Marilyn Lee Cravens Trustee, Sanborn,                 Requirements’’. Follow the instructions
                                                    substance of the collection. The overall                Iowa, as individuals and as a group                   provided on the screen. Please include
                                                    reduction in burden hours is a result of                acting in concert the Cravens Family                  your name, company name (if any), and
                                                    economic fluctuation. In particular, the                Control group consisting of James P                   ‘‘Information Collection 3090–0292,
                                                    number of respondents has decreased                     Cravens Stock Trust, James P Cravens                  FFATA Subaward and Executive
                                                    while the hours per response remain the                 Trustee, Sanborn, Iowa, Marilyn Lee                   Compensation Reporting Requirements’’
                                                    same.                                                   Cravens Stock Trust, Marilyn Lee                      on your attached document.
                                                    Request for Comment                                     Cravens Trustee, Sanborn, Iowa, Emilie                   • Mail: General Services
                                                                                                            G Cravens, Manhattan, Kansas,                         Administration, Regulatory Secretariat
                                                      Comments are invited on: (a) Whether                  Catherine J Cravens, Arlington, Virginia,             Division (MVCB), 1800 F Street NW.,
                                                    the collections of information are                      and Margaret Burr Porter, Godfrey,                    Washington, DC 20405. ATTN: IC 3090–
                                                    necessary for the proper performance of                 Illinois; to acquire and retain shares of             0292, FFATA Subaward and Executive
                                                    the FDIC’s functions, including whether                 Milford Bancorporation, Milford, Iowa,                Compensation Reporting Requirements.
                                                    the information has practical utility; (b)              and thereby indirectly acquire and                       Instructions: Please submit comments
                                                    the accuracy of the estimates of the                    retain shares of United Community                     only and cite Information Collection
                                                    burden of the information collections,                  Bank, Milford, Iowa.                                  3090–0292, FFATA Subaward and
                                                    including the validity of the                                                                                 Executive Compensation Reporting
                                                    methodology and assumptions used; (c)                     Board of Governors of the Federal Reserve
                                                                                                            System, April 25, 2017.                               Requirements, in all correspondence
                                                    ways to enhance the quality, utility, and
                                                                                                            Yao-Chin Chao,                                        related to this collection. All comments
                                                    clarity of the information to be
                                                                                                            Assistant Secretary of the Board.                     received will be posted without change
                                                    collected; and (d) ways to minimize the
                                                                                                                                                                  to http://www.regulations.gov, including
                                                    burden of the collections of information                [FR Doc. 2017–08662 Filed 4–27–17; 8:45 am]
                                                                                                                                                                  any personal and/or business
                                                    on respondents, including through the                   BILLING CODE 6210–01–P
                                                                                                                                                                  confidential information provided.
                                                    use of automated collection techniques
                                                    or other forms of information                                                                                 FOR FURTHER INFORMATION CONTACT:
                                                    technology. All comments will become                    GENERAL SERVICES                                      Dennis Harrison, Procurement Analyst,
                                                    a matter of public record.                              ADMINISTRATION                                        Office of the Integrated Award
                                                                                                                                                                  Environment, GSA, at telephone
                                                      Dated at Washington, DC, this 25th day of             [OMB Control No. 3090–0292; Docket No.
                                                    April 2017.
                                                                                                                                                                  number 202–215–9767; or via email at
                                                                                                            2017–0001; Sequence 4]                                dennis.harrison@gsa.gov.
                                                    Federal Deposit Insurance Corporation.
                                                    Robert E. Feldman,                                      Information Collection; FFATA                         SUPPLEMENTARY INFORMATION:
                                                    Executive Secretary.                                    Subaward and Executive                                A. Purpose
                                                    [FR Doc. 2017–08667 Filed 4–27–17; 8:45 am]             Compensation Reporting
                                                                                                            Requirements                                             The Federal Funding Accountability
                                                    BILLING CODE 6714–01–P                                                                                        and Transparency Act (P.L. 109–282, as
                                                                                                            AGENCY: Office of the Integrated Award                amended by section 6202(a) of P.L. 110–
                                                                                                            Environment, General Services                         252), known as FFATA or the
                                                    FEDERAL RESERVE SYSTEM                                  Administration (GSA).                                 Transparency Act requires information
                                                                                                            ACTION: Notice of request for comments                disclosure of entities receiving Federal
                                                    Change in Bank Control Notices;                                                                               financial assistance through Federal
                                                                                                            regarding an extension to an existing
                                                    Acquisitions of Shares of a Bank or                                                                           awards such as Federal contracts, sub-
                                                                                                            OMB information collection.
                                                    Bank Holding Company                                                                                          contracts, grants and sub-grants, FFATA
                                                      The notificants listed below have                     SUMMARY:   Under the provisions of the                2(a), (2), (i), (ii). Beginning October 1,
                                                    applied under the Change in Bank                        Paperwork Reduction Act of 1995, the                  2010, the currently approved Paperwork
                                                    Control Act (12 U.S.C. 1817(j)) and                     Regulatory Secretariat Division will be               Reduction Act submission directed
                                                    § 225.41 of the Board’s Regulation Y (12                submitting to the Office of Management                compliance with the Transparency Act
                                                    CFR 225.41) to acquire shares of a bank                 and Budget (OMB) a request to review                  to report prime and first-tier sub-award
                                                    or bank holding company. The factors                    and approve a renewal of the currently                data. Specifically, Federal agencies and
                                                    that are considered in acting on the                    approved information collection                       prime awardees of grants were to ensure
                                                    notices are set forth in paragraph 7 of                 requirement regarding FFATA                           disclosure of executive compensation of
                                                    the Act (12 U.S.C. 1817(j)(7)).                         Subaward and Executive Compensation                   both prime and subawardees and sub-
                                                      The notices are available for                         Reporting Requirements.                               award data pursuant to the
                                                    immediate inspection at the Federal                     DATES: Submit comments on or before                   Transparency Act. This information
                                                    Reserve Bank indicated. The notices                     June 27, 2017.                                        collection requires reporting of only the
                                                    also will be available for inspection at                ADDRESSES: Submit comments                            information enumerated under the
                                                    the offices of the Board of Governors.                  identified by Information Collection
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                                                                                                                                  Transparency Act.
                                                    Interested persons may express their                    3090–0292, FFATA Subaward and
                                                                                                                                                                  B. Annual Reporting Burden
                                                    views in writing to the Reserve Bank                    Executive Compensation Reporting
                                                    indicated for that notice or to the offices             Requirements by any of the following                    Sub-award Responses: 107,614.
                                                    of the Board of Governors. Comments                     methods:                                                Hours Per Response: 1.
                                                    must be received not later than May 16,                   • Regulations.gov: http://                            Total Burden Hours: 107,614.
                                                    2017.                                                   www.regulations.gov. Submit comments                    Executive Compensation Responses:
                                                      A. Federal Reserve Bank of Chicago                    via the Federal eRulemaking portal by                 41,298.
                                                    (Colette A. Fried, Assistant Vice                       searching the OMB control number                        Hours Per Response: 1.


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Document Created: 2017-04-28 03:02:15
Document Modified: 2017-04-28 03:02:15
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comment.
DatesComments must be submitted on or before June 27, 2017.
ContactManny Cabeza or Jennifer Jones, at the
FR Citation82 FR 19718 

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