82 FR 26569 - Agency Information Collection Activities; Information Collection Renewal; Comment Request; Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2)
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency Federal Register Volume 82, Issue 108 (June 7, 2017)
Office of the Comptroller of the Currency
Federal Register Volume 82, Issue 108 (June 7, 2017)
| Page Range | 26569-26570 | |
| FR Document | 2017-11740 |
[Federal Register Volume 82, Number 108 (Wednesday, June 7, 2017)] [Notices] [Pages 26569-26570] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-11740] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities; Information Collection Renewal; Comment Request; Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2) AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comments. ----------------------------------------------------------------------- SUMMARY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on a continuing information collection as required by the Paperwork Reduction Act of 1995 (PRA). The OCC may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled ``Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2).'' DATES: Comments must be received by August 7, 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: 1557-0242, 400 7th Street SW., Suite 3E-218, 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., Washington, DC 20219. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor. ``Collection of information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include 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 provide 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 notice of the renewal of this collection. Title of Information Collection: Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2). OMB Control No.: 1557-0242. Frequency of Response: Event-generated. Affected Public: National banks. Abstract: In 2008, the agencies \1\ issued a supervisory guidance document for implementing the supervisory review process (Pillar 2).\2\ Sections 37, 41, 43, and 46 of the guidance contain information collections. Section 37 provides that banks should state clearly the definition of capital used in any aspect of its internal capital adequacy assessment process (ICAAP) and document any changes in the internal definition of capital. Section 41 provides that banks should maintain thorough documentation of ICAAP. Section 43 specifies that the board of director should approve the bank's ICAAP, review it on a regular basis, and approve any changes. Boards of directors, under section 46, should periodically review the assessment of overall capital adequacy and to analyze how measures of internal capital adequacy compare with other capital measures (such as regulatory or accounting). --------------------------------------------------------------------------- \1\ OCC, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation. \2\ 73 FR 44620 (July 31, 2008). --------------------------------------------------------------------------- Estimated Burden: Number of Respondents: 23. Estimated Burden per Respondent: 140 hours. Total Estimated Annual Burden: 3,220 hours. 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 collection of information is necessary for the proper performance of the OCC's functions, including whether the information has practical utility; (b) The accuracy of the OCC's burden estimates, 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 the information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and [[Page 26570]] (e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: June 1, 2017. Karen O. Solomon, Deputy Chief Counsel, Office of the Comptroller of the Currency. [FR Doc. 2017-11740 Filed 6-6-17; 8:45 am] BILLING CODE 4810-33-P
![Federal Register / Vol. 82, No. 108 / Wednesday, June 7, 2017 / Notices 26569
characteristics. Carriers that expand The OCC is soliciting comment for approval. To comply with this
operations at a high rate are monitored concerning the renewal of its requirement, the OCC is publishing
more closely for safety reasons. information collection titled ‘‘Basel II notice of the renewal of this collection.
Interagency Supervisory Guidance for Title of Information Collection: Basel
International Civil Aviation
the Supervisory Review Process (Pillar II Interagency Supervisory Guidance for
Organization 2).’’ the Supervisory Review Process (Pillar
Pursuant to an international DATES: Comments must be received by 2).
agreement, the United States is August 7, 2017. OMB Control No.: 1557–0242.
obligated to report certain air carrier Frequency of Response: Event-
ADDRESSES: Because paper mail in the
data to the International Civil Aviation generated.
Washington, DC area and at the OCC is
Organization (ICAO). The traffic data Affected Public: National banks.
subject to delay, commenters are
supplied to ICAO are extracted from the Abstract: In 2008, the agencies 1
encouraged to submit comments by
U.S. air carriers’ Schedule T–100 issued a supervisory guidance
email, if possible. Comments may be
submissions. document for implementing the
sent to: Legislative and Regulatory
The Confidential Information supervisory review process (Pillar 2).2
Activities Division, Office of the
Protection and Statistical Efficiency Act Sections 37, 41, 43, and 46 of the
Comptroller of the Currency, Attention:
of 2002 (44 U.S.C. 3501 note), requires guidance contain information
1557–0242, 400 7th Street SW., Suite
a statistical agency to clearly identify collections. Section 37 provides that
3E–218, Washington, DC 20219. In
information it collects for non-statistical banks should state clearly the definition
addition, comments may be sent by fax
purposes. BTS hereby notifies the of capital used in any aspect of its
to (571) 465–4326 or by electronic mail
respondents and the public that BTS to prainfo@occ.treas.gov. You may internal capital adequacy assessment
uses the information it collects under personally inspect and photocopy process (ICAAP) and document any
this OMB approval for non-statistical comments at the OCC, 400 7th Street changes in the internal definition of
purposes including, but not limited to, SW., Washington, DC 20219. For capital. Section 41 provides that banks
publication of both Respondent’s security reasons, the OCC requires that should maintain thorough
identity and its data, submission of the visitors make an appointment to inspect documentation of ICAAP. Section 43
information to agencies outside BTS for comments. You may do so by calling specifies that the board of director
review, analysis and possible use in (202) 649–6700 or, for persons who are should approve the bank’s ICAAP,
regulatory and other administrative deaf or hard of hearing, TTY, (202) 649– review it on a regular basis, and approve
matters. 5597. Upon arrival, visitors will be any changes. Boards of directors, under
Issued on May 31, 2017. required to present valid government- section 46, should periodically review
issued photo identification and submit the assessment of overall capital
William Chadwick, Jr.,
to security screening in order to inspect adequacy and to analyze how measures
Director, Office of Airline Information.
and photocopy comments. of internal capital adequacy compare
[FR Doc. 2017–11789 Filed 6–6–17; 8:45 am] with other capital measures (such as
All comments received, including
BILLING CODE 4910–9X–P
attachments and other supporting regulatory or accounting).
materials, are part of the public record Estimated Burden:
and subject to public disclosure. Do not Number of Respondents: 23.
DEPARTMENT OF THE TREASURY include any information in your Estimated Burden per Respondent:
comment or supporting materials that 140 hours.
Office of the Comptroller of the you consider confidential or Total Estimated Annual Burden:
Currency inappropriate for public disclosure. 3,220 hours.
FOR FURTHER INFORMATION CONTACT:
Comments: Comments submitted in
Agency Information Collection Shaquita Merritt, OCC Clearance response to this notice will be
Activities; Information Collection Officer, (202) 649–5490 or, for persons summarized and included in the request
Renewal; Comment Request; Basel II who are deaf or hard of hearing, TTY, for OMB approval. All comments will
Interagency Supervisory Guidance for (202) 649–5597, Legislative and become a matter of public record.
the Supervisory Review Process (Pillar Regulatory Activities Division, Office of Comments are invited on:
2) the Comptroller of the Currency, 400 7th (a) Whether the collection of
Street SW., Washington, DC 20219. information is necessary for the proper
AGENCY: Office of the Comptroller of the performance of the OCC’s functions,
Currency (OCC), Treasury. SUPPLEMENTARY INFORMATION: Under the
including whether the information has
ACTION: Notice and request for PRA (44 U.S.C. 3501–3520), federal practical utility;
comments. agencies must obtain approval from the (b) The accuracy of the OCC’s burden
OMB for each collection of information estimates, including the validity of the
SUMMARY: The OCC, as part of its that they conduct or sponsor. methodology and assumptions used;
continuing effort to reduce paperwork ‘‘Collection of information’’ is defined (c) Ways to enhance the quality,
and respondent burden, invites the in 44 U.S.C. 3502(3) and 5 CFR utility, and clarity of the information to
general public and other federal 1320.3(c) to include agency requests or be collected;
agencies to comment on a continuing requirements that members of the public (d) Ways to minimize the burden of
information collection as required by submit reports, keep records, or provide the information collection on
the Paperwork Reduction Act of 1995 information to a third party. Section
sradovich on DSK3GMQ082PROD with NOTICES
respondents, including through the use
(PRA). 3506(c)(2)(A) of title 44 requires federal of automated collection techniques or
The OCC may not conduct or sponsor, agencies to provide a 60-day notice in other forms of information technology;
and a respondent is not required to the Federal Register concerning each and
respond to, an information collection proposed collection of information,
unless it displays a currently valid including each proposed extension of an 1 OCC, Board of Governors of the Federal Reserve
Office of Management and Budget existing collection of information, System, Federal Deposit Insurance Corporation.
(OMB) control number. before submitting the collection to OMB 2 73 FR 44620 (July 31, 2008).
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(e) Estimates of capital or start-up www.newyorkfed.org/banking/ Affected Public: Business or other for-
costs and costs of operation, reportingforms/TFC_3.html. In view of profit organizations.
maintenance, and purchase of services possible delays in mail delivery, please Estimated Number of Respondents:
to provide information. also notify Ms. Weis by email Foreign Currency Form FC–1: 30
Dated: June 1, 2017. (emily.weis@treasury.gov), FAX (202– respondents.
Karen O. Solomon, 622–2021) or telephone (202–622– Foreign Currency Form FC–2: 30
Deputy Chief Counsel, Office of the
5513). Requests for additional respondents.
Comptroller of the Currency. information should be directed to Ms. Foreign Currency Form FC–3: 53
[FR Doc. 2017–11740 Filed 6–6–17; 8:45 am]
Weis. respondents.
BILLING CODE 4810–33–P SUPPLEMENTARY INFORMATION: Estimated Average Time per
Title: Weekly Consolidated Foreign Response:
Currency Report of Major Market Foreign Currency Form FC–1: 48
DEPARTMENT OF THE TREASURY Participants, Foreign Currency Form minutes (0.8 hours) per response.
FC–1. Foreign Currency Form FC–2: Three
Proposed Collections; Comment OMB Control Number: 1505–0012.
Requests hours 36 minutes (3.6 hours) per
Title: Monthly Consolidated Foreign
response.
AGENCY: Departmental Offices, Currency Report of Major Market
Participants, Foreign Currency Form Foreign Currency Form FC–3: Eight
Department of the Treasury. (8) hours per response.
FC–2.
SUMMARY: The Department of the Estimated Total Annual Burden
OMB Control Number: 1505–0010.
Treasury, as part of its continuing effort Title: Quarterly Consolidated Foreign Hours:
to reduce paperwork burdens, invites Currency Report, Foreign Currency Foreign Currency Form FC–1: 1,248
the general public and other Federal Form FC–3. hours, based on 52 reporting periods per
agencies to comment on an information OMB Control Number: 1505–0014. year.
collection that is due for extension Abstract: The filing of Foreign Foreign Currency Form FC–2: 1,296
approval by the Office of Management Currency Forms FC–1, FC–2, and FC–3 hours, based on 12 reporting periods per
and Budget. The Office of International is pursuant to (31 U.S.C. 5315, which year.
Affairs of the Department of the directs the Secretary of the Treasury to Foreign Currency Form FC–3: 1,696
Treasury is soliciting comments prescribe regulations (31 CFR 128, hours, based on 4 reporting periods per
concerning extension without change of Subpart C), requiring reports on foreign year.
the following three related forms: currency transactions conducted by a
Foreign Currency Form FC–1 (OMB No. Request For Comments: Comments
United States person or a foreign person submitted in response to this notice will
1505–0012), Weekly Consolidated controlled by a United States person.
Foreign Currency Report of Major be summarized and/or included in the
The forms collect data on the foreign request for Office of Management and
Market Participants; Form FC–2 (OMB
exchange spot, forward, futures, and Budget approval. All comments will
No. 1505–0010); Monthly Consolidated
options markets from all significant become a matter of public record. The
Foreign Currency Report of Major
market participants. public is invited to submit written
Market Participants; Form FC–3 (OMB Current Actions: No changes in the
No. 1505–0014), Quarterly Consolidated comments concerning: (a) Whether
forms will be made. Two changes have Foreign Currency Forms FC–1, FC–2,
Foreign Currency Report. The reports been made in the instructions to provide
are mandatory. and FC–3 are necessary for the proper
additional clarity on who must file the performance of the functions of the
DATES: Written comments should be reports. The changes will impact the Office, including whether the
received on or before August 7, 2017 to instructions for all three of the forms. information will have practical uses; (b)
be assured of consideration. Specifically, (1) In section B, Who Must the accuracy of the above estimates of
ADDRESSES: Direct all written comments Report, the last sentence of the first the burdens; (c) ways to enhance the
to Emily Weis, Markets Room, paragraph now reads: ‘‘The calculation quality, usefulness and clarity of the
Department of the Treasury, Room 1328, of exposure against the Form FC–1 [FC– information to be collected; (d) ways to
1500 Pennsylvania Avenue NW., 2, FC–3] reporting threshold should minimize the reporting and/or record
Washington DC 20220. include foreign exchange contracts in all keeping burdens on respondents,
FOR FURTHER INFORMATION CONTACT: currencies and should not be limited to including the use of information
Copies of the proposed forms and contracts in the indicated currencies on technologies to automate the collection
instructions are available on the Federal the Form FC–1 [FC–2, FC–3].’’ (2) In of the data; and (e) estimates of capital
Reserve Bank of New York’s Web site, section C, Filing the Reports, the last or start-up costs of operation,
in the section for Banking Reporting sentence of paragraph C.1 now reads: maintenance and purchase of services to
Forms and Instructions, on the Web ‘‘The reporter is required to file the provide information.
pages for the TFC–1, TFC–2 and TFC– Form FC–1 [FC–2, FC–3] until the
3 forms, for example at: https:// reporter’s contracts have remained Emily Weis,
www.newyorkfed.org/banking/ below the reporting threshold for all Financial Analyst, Markets Room, U.S.
reportingforms/TFC_1.html; https:// four quarters of a calendar year.’’ Department of the Treasury.
www.newyorkfed.org/banking/ Type of Review: Extension of a [FR Doc. 2017–11777 Filed 6–6–17; 8:45 am]
reportingforms/TFC_2.html; and https:// currently approved collection. BILLING CODE 4810–25–P
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Document Created: 2017-06-07 02:00:38
Document Modified: 2017-06-07 02:00:38
| 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 comments. | |
| Dates | Comments must be received by August 7, 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., Washington, DC 20219. | |
| FR Citation | 82 FR 26569 |
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