82 FR 49207 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 204 (October 24, 2017)

Page Range		49207-49208
FR Document		2017-23003

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Government Securities Dealers Reports (FR 2004; OMB No. 7100-0003) and a proposal to extend for three years, with revision, the voluntary Weekly Report of Selected Assets and Liabilities of Domestically Chartered Commercial Banks and U.S. Branches and Agencies of Foreign Banks (FR 2644; OMB No. 7100-0075). The FR 2644 revisions are effective as of January 3, 2018. On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB's public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number.

Federal Register, Volume 82 Issue 204 (Tuesday, October 24, 2017)

[Federal Register Volume 82, Number 204 (Tuesday, October 24, 2017)]
[Notices]
[Pages 49207-49208]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-23003]


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

FEDERAL RESERVE SYSTEM


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

AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, without revision, the 
Government Securities Dealers Reports (FR 2004; OMB No. 7100-0003) and 
a proposal to extend for three years, with revision, the voluntary 
Weekly Report of Selected Assets and Liabilities of Domestically 
Chartered Commercial Banks and U.S. Branches and Agencies of Foreign 
Banks (FR 2644; OMB No. 7100-0075). The FR 2644 revisions are effective 
as of January 3, 2018.
    On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board authority under the Paperwork Reduction Act 
(PRA) to approve of and assign OMB control numbers to collection of 
information requests and requirements conducted or sponsored by the 
Board. Board-approved collections of information are incorporated into 
the official OMB inventory of currently approved collections of 
information. Copies of the Paperwork Reduction Act Submission, 
supporting statements and approved collection of information 
instrument(s) are placed into OMB's public docket files. The Federal 
Reserve may not conduct or sponsor, and the respondent is not required 
to respond to, an information collection that has been extended, 
revised, or implemented on or after October 1, 1995, unless it displays 
a currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT: 
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC, 20551 (202) 452-3829. Telecommunications Device 
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors 
of the Federal Reserve System, Washington, DC 20551.
    OMB Desk Officer--Shagufta Ahmed--Office of Information and

[[Page 49208]]

Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, 725 17th Street NW., Washington, DC 20503 
or by fax to (202) 395-6974.
    Final approval under OMB delegated authority of the extension for 
three years, without revision, of the following report:
    Report title: The Government Securities Dealers Reports: Weekly 
Report of Dealer Positions (FR 2004A), Weekly Report of Cumulative 
Dealer Transactions (FR 2004B), Weekly Report of Dealer Financing and 
Fails (FR 2004C), Weekly Report of Specific Issues (FR 2004SI), Daily 
Report of Specific Issues (FR 2004SD), Supplement to the Daily Report 
of Specific Issues (FR 2004SD ad hoc), Daily Report of Dealer Activity 
in Treasury Financing (FR 2004WI), Settlement Cycle Report of Dealer 
Fails and Transaction Volumes: Class A (FR 2004FA), Settlement Cycle 
Report of Dealer Fails and Transaction Volumes: Class B (FR 2004FB), 
Settlement Cycle Report of Dealer Fails and Transaction Volumes: Class 
C (FR 2004FC), and Settlement Cycle Report of Dealer Fails and 
Transaction Volumes (FR 2004FM).
    Agency form number: FR 2004.
    OMB control number: 7100-0003.
    Frequency: Weekly, daily, monthly.
    Respondents: Dealers in the U.S. government securities market.
    Estimated number of respondents: 23.
    Estimated average hours per response: FR 2004A, 3.0 hours; FR 
2004B, 3.7 hours; FR 2004C, 3.1 hours; FR 2004SI, 2.2 hours; FR 2004SD, 
2.2 hours; FR 2004SD ad hoc, 2.0 hours; FR 2004WI, 1.0 hour; FR 2004FA, 
1.0 hour; FR 2004FB, 1.0 hour; FR 2004FC, 1.0 hour; FR 2004FM, 1.5 
hours.
    Estimated annual burden hours: FR 2004A, 3,588 hours; FR 2004B, 
4,425 hours; FR 2004C, 3,708 hours; FR 2004SI, 2,631 hours; FR 2004SD, 
1,265 hours; FR 2004SD ad hoc, 1,196 hours; FR 2004WI, 3,680 hours; FR 
2004FA, 276 hours; FR 2004FB, 276 hours; FR 2004FC, 276 hours; FR 
2004FM, 414 hours.
    General description of report: The Federal Reserve Bank of New 
York, on behalf of the Federal Reserve System, collects data from 
primary dealers in the U.S. government securities market. Filing of 
these data is required to obtain the benefit of primary dealer status. 
The Federal Reserve uses these data to (1) monitor the condition of the 
U.S. government securities market in its Treasury market surveillance 
and analysis of the market and to (2) assist and support the U.S. 
Department of the Treasury in its role as fiscal agent for Treasury 
financing operations. In addition, these data are helpful in the 
analysis of broad financial conditions and a range of financial 
stability issues.
    Legal authorization and confidentiality: This information 
collection is authorized by sections 2A, 12A(c), 14, and 15 of the 
Federal Reserve Act (12 U.S.C. 225a, 263c, 353-359, and 391) and is 
required to obtain or retain the benefit of dealer status. Individual 
respondent data are regarded as confidential under the Freedom of 
Information Act (5 U.S.C. 552(b)(4) and (b)(8)).
    Current actions: On July 6, 2017, the Board published a notice in 
the Federal Register (82 FR 31327) requesting public comment for 60 
days on the extension, without revision, of the FR 2004. The comment 
period for this notice expired on September 5, 2017. The Board did not 
receive any comments. The information collection will be extended as 
proposed.
    Final approval under OMB delegated authority of the extension for 
three years, with revision, of the following report:
    Report title: Weekly Report of Selected Assets and Liabilities of 
Domestically Chartered Commercial Banks and U.S. Branches and Agencies 
of Foreign Banks.
    Agency form number: FR 2644.
    OMB control number: 7100-0075.
    Effective Date: January 3, 2018.
    Frequency: Weekly.
    Respondents: Domestically chartered commercial banks and U.S. 
branches and agencies of foreign banks.
    Estimated number of respondents: 875.
    Estimated average hours per response: 2.35 hours.
    Estimated annual burden hours: 106,925 hours.
    General description of report: The FR 2644 is a balance sheet 
report that is collected as of each Wednesday from an authorized 
stratified sample of 875 domestically chartered commercial banks and 
U.S. branches and agencies of foreign banks. The FR 2644 is the only 
source of high-frequency data used in the analysis of current banking 
developments. The FR 2644 collects sample data that are used to 
estimate universe levels using data from the quarterly commercial bank 
Consolidated Reports of Condition and Income (FFIEC 031, FFIEC 041, and 
FFIEC 051; OMB No. 7100-0036) and the Report of Assets and Liabilities 
of U.S. Branches and Agencies of Foreign Banks (FFIEC 002; OMB No. 
7100-0032) (Call Reports). Data from the FR 2644, together with data 
from other sources, are used to construct weekly estimates of bank 
credit, balance sheet data for the U.S. banking industry, sources and 
uses of banks' funds, and to analyze current banking and monetary 
developments. The Board publishes the data in aggregate form in the 
weekly H.8 statistical release, Assets and Liabilities of Commercial 
Banks in the United States, which is followed closely by other 
government agencies, the banking industry, the financial press, and 
other users. The H.8 release provides a balance sheet for the banking 
industry as a whole and data disaggregated by its large domestic, small 
domestic, and foreign-related bank components.
    Legal authorization and confidentiality: The FR 2644 is authorized 
by section 2A and 11(a)(2) of the Federal Reserve Act (12 U.S.C. 225(a) 
and 248(a)(2)) and by section 7(c)(2) of the International Banking Act 
(12 U.S.C. 3105(c)(2)) and is voluntary. Individual respondent data are 
regarded as confidential under the Freedom of Information Act (5 U.S.C. 
552(b)(4)).
    Current actions: On July 6, 2017, the Board published a notice in 
the Federal Register (82 FR 31327) requesting public comment for 60 
days on the extension, with revision, of the FR 2466. The Board 
proposed several revisions to simplify and reduce the overall reporting 
burden associated with the FR 2644 report. The proposed FR 2644 
reporting form would consist of 29 balance-sheet items and 2 memoranda 
items, an overall reduction of six data items. The comment period for 
this notice expired on September 5, 2017. The Board did not receive any 
comments. The revisions will be implemented as proposed.

    Board of Governors of the Federal Reserve System, October 19, 
2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-23003 Filed 10-23-17; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices 49207

approve of and assign OMB control policy, regulatory, supervisory and survey will be implemented as
numbers to collection of information operational decisions. proposed.
requests and requirements conducted or The Board anticipates that the SHED Board of Governors of the Federal Reserve
sponsored by the Board. Board- would include such topics as System, October 19, 2017.
approved collections of information are individuals’ overall financial well- Ann E. Misback,
incorporated into the official OMB being, employment experiences, income Secretary of the Board.
inventory of currently approved and savings behaviors, economic
[FR Doc. 2017–22996 Filed 10–23–17; 8:45 am]
collections of information. Copies of the preparedness, access to banking and
BILLING CODE 6210–01–P
Paperwork Reduction Act Submission, credit, housing and living arrangement
supporting statements and approved decisions, education and human capital,
collection of information instrument(s) student loans, and retirement planning.
FEDERAL RESERVE SYSTEM
are placed into OMB’s public docket The overall content of the SHED
files. The Federal Reserve may not instrument would depend on changing Agency Information Collection
conduct or sponsor, and the respondent economic, regulatory, or legislative Activities: Announcement of Board
is not required to respond to, an developments as well as changes in the Approval Under Delegated Authority
information collection that has been financial services industry. and Submission to OMB
extended, revised, or implemented on or Legal authorization and
after October 1, 1995, unless it displays confidentiality: The Board’s Legal AGENCY: Board of Governors of the
a currently valid OMB control number. Division has determined that Section 2A Federal Reserve System.
of the Federal Reserve Act (FRA) SUMMARY: The Board of Governors of the
FOR FURTHER INFORMATION CONTACT: Federal Reserve System (Board) is
requires that the Federal Reserve Board
Federal Reserve Board Clearance and the Federal Open Market adopting a proposal to extend for three
Officer—Nuha Elmaghrabi—Office of Committee maintain long run growth of years, without revision, the Government
the Chief Data Officer, Board of the monetary and credit aggregates Securities Dealers Reports (FR 2004;
Governors of the Federal Reserve commensurate with the economy’s long OMB No. 7100–0003) and a proposal to
System, Washington, DC, 20551 (202) run potential to increase production, so extend for three years, with revision, the
452–3829. Telecommunications Device as to promote effectively the goals of voluntary Weekly Report of Selected
for the Deaf (TDD) users may contact maximum employment, stable prices, Assets and Liabilities of Domestically
(202) 263–4869, Board of Governors of and moderate long-term interest rates Chartered Commercial Banks and U.S.
the Federal Reserve System, (12 U.S.C. 225a). Under section 12A of Branches and Agencies of Foreign Banks
Washington, DC 20551. the FRA, the Federal Open Market (FR 2644; OMB No. 7100–0075). The FR
OMB Desk Officer—Shagufta Committee is required to implement 2644 revisions are effective as of January
Ahmed—Office of Information and regulations relating to the open market 3, 2018.
Regulatory Affairs, Office of operations conducted by Federal On June 15, 1984, the Office of
Management and Budget, New Reserve Banks with a view to Management and Budget (OMB)
Executive Office Building, Room 10235, accommodating commerce and business delegated to the Board authority under
725 17th Street NW., Washington, DC and with regard to their bearing upon the Paperwork Reduction Act (PRA) to
20503 or by fax to (202) 395–6974. the general credit situation of the approve of and assign OMB control
Final approval under OMB delegated country (12 U.S.C. 263). Because the numbers to collection of information
authority of the implementation of the Board and the Federal Open Market requests and requirements conducted or
following report: Committee use the information obtained sponsored by the Board. Board-
Report title: Survey of Household on the FR 3077 to fulfill these approved collections of information are
Economics and Decisionmaking. obligations, these statutory provisions incorporated into the official OMB
Agency form number: FR 3077. provide the legal authorization for the inventory of currently approved
OMB control number: 7100–NEW. collection of information on the FR collections of information. Copies of the
Frequency: Quantitative Survey, 3077. The FR 3077 is a voluntary Paperwork Reduction Act Submission,
annually; Qualitative Survey, survey. supporting statements and approved
occasionally. The ability of the Board to maintain collection of information instrument(s)
Respondents: Consumers. the confidentiality of information are placed into OMB’s public docket
Estimated number of respondents: provided by respondents to the FR 3077 files. The Federal Reserve may not
Quantitative Survey, 17,000 will have to be determined on a case-by- conduct or sponsor, and the respondent
respondents; Qualitative Survey, 30 case basis depending on the type of is not required to respond to, an
respondents. information provided for a particular information collection that has been
Estimated average hours per response: survey. To the extent that a respondent’s extended, revised, or implemented on or
Quantitative Survey, 0.47 hours; answers reveal information ‘‘the after October 1, 1995, unless it displays
Qualitative Survey, 2 hours. disclosure of which would constitute a a currently valid OMB control number.
Estimated annual burden hours: clearly unwarranted invasion of FOR FURTHER INFORMATION CONTACT:
Quantitative Survey, 7,990 hours; personal privacy,’’ such information Federal Reserve Board Clearance
Qualitative Survey, 180 hours. would likely be exempt from disclosure Officer—Nuha Elmaghrabi—Office of
General description of report: The under exemption 6 of the Freedom of the Chief Data Officer, Board of
asabaliauskas on DSKBBXCHB2PROD with NOTICES

information collected could be used for Information Act, 5 U.S.C. 552(b)(6). Governors of the Federal Reserve
the Board’s Report on the Economic Current actions: On August 9, 2017, System, Washington, DC, 20551 (202)
Well-Being of U.S. Households, for the Board published an initial notice in 452–3829. Telecommunications Device
Board studies or working papers, the Federal Register (82 FR 37227) for the Deaf (TDD) users may contact
professional journals, the Federal requesting public comment for 60 days (202) 263–4869, Board of Governors of
Reserve Bulletin, testimony and reports on the implementation of the FR 3077. the Federal Reserve System,
to the Congress, or other vehicles. Such The comment period for this notice Washington, DC 20551.
event-driven consumer data collections expired on October 10, 2017. The Board OMB Desk Officer—Shagufta
could also be used to inform Board did not receive any comments. The Ahmed—Office of Information and

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49208 Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices

Regulatory Affairs, Office of addition, these data are helpful in the banking industry, sources and uses of
Management and Budget, New analysis of broad financial conditions banks’ funds, and to analyze current
Executive Office Building, Room 10235, and a range of financial stability issues. banking and monetary developments.
725 17th Street NW., Washington, DC Legal authorization and The Board publishes the data in
20503 or by fax to (202) 395–6974. confidentiality: This information aggregate form in the weekly H.8
Final approval under OMB delegated collection is authorized by sections 2A, statistical release, Assets and Liabilities
authority of the extension for three 12A(c), 14, and 15 of the Federal of Commercial Banks in the United
years, without revision, of the following Reserve Act (12 U.S.C. 225a, 263c, 353– States, which is followed closely by
report: 359, and 391) and is required to obtain other government agencies, the banking
Report title: The Government or retain the benefit of dealer status. industry, the financial press, and other
Securities Dealers Reports: Weekly Individual respondent data are regarded users. The H.8 release provides a
Report of Dealer Positions (FR 2004A), as confidential under the Freedom of balance sheet for the banking industry
Weekly Report of Cumulative Dealer Information Act (5 U.S.C. 552(b)(4) and as a whole and data disaggregated by its
Transactions (FR 2004B), Weekly Report (b)(8)). large domestic, small domestic, and
of Dealer Financing and Fails (FR Current actions: On July 6, 2017, the foreign-related bank components.
2004C), Weekly Report of Specific Board published a notice in the Federal Legal authorization and
Issues (FR 2004SI), Daily Report of Register (82 FR 31327) requesting confidentiality: The FR 2644 is
Specific Issues (FR 2004SD), public comment for 60 days on the authorized by section 2A and 11(a)(2) of
Supplement to the Daily Report of extension, without revision, of the FR the Federal Reserve Act (12 U.S.C.
Specific Issues (FR 2004SD ad hoc), 2004. The comment period for this 225(a) and 248(a)(2)) and by section
Daily Report of Dealer Activity in notice expired on September 5, 2017. 7(c)(2) of the International Banking Act
Treasury Financing (FR 2004WI), The Board did not receive any (12 U.S.C. 3105(c)(2)) and is voluntary.
Settlement Cycle Report of Dealer Fails comments. The information collection Individual respondent data are regarded
and Transaction Volumes: Class A (FR will be extended as proposed. as confidential under the Freedom of
2004FA), Settlement Cycle Report of Final approval under OMB delegated Information Act (5 U.S.C. 552(b)(4)).
Dealer Fails and Transaction Volumes: authority of the extension for three Current actions: On July 6, 2017, the
Class B (FR 2004FB), Settlement Cycle years, with revision, of the following Board published a notice in the Federal
Report of Dealer Fails and Transaction report: Register (82 FR 31327) requesting
Volumes: Class C (FR 2004FC), and Report title: Weekly Report of public comment for 60 days on the
Settlement Cycle Report of Dealer Fails Selected Assets and Liabilities of extension, with revision, of the FR 2466.
and Transaction Volumes (FR 2004FM). Domestically Chartered Commercial The Board proposed several revisions to
Agency form number: FR 2004. Banks and U.S. Branches and Agencies simplify and reduce the overall
OMB control number: 7100–0003. of Foreign Banks. reporting burden associated with the FR
Frequency: Weekly, daily, monthly. Agency form number: FR 2644. 2644 report. The proposed FR 2644
Respondents: Dealers in the U.S. OMB control number: 7100–0075. reporting form would consist of 29
government securities market. Effective Date: January 3, 2018. balance-sheet items and 2 memoranda
Estimated number of respondents: 23. Frequency: Weekly. items, an overall reduction of six data
Estimated average hours per response: Respondents: Domestically chartered items. The comment period for this
FR 2004A, 3.0 hours; FR 2004B, 3.7 commercial banks and U.S. branches notice expired on September 5, 2017.
hours; FR 2004C, 3.1 hours; FR 2004SI, and agencies of foreign banks. The Board did not receive any
2.2 hours; FR 2004SD, 2.2 hours; FR Estimated number of respondents: comments. The revisions will be
2004SD ad hoc, 2.0 hours; FR 2004WI, 875. implemented as proposed.
1.0 hour; FR 2004FA, 1.0 hour; FR Estimated average hours per response:
Board of Governors of the Federal Reserve
2004FB, 1.0 hour; FR 2004FC, 1.0 hour; 2.35 hours. System, October 19, 2017.
FR 2004FM, 1.5 hours. Estimated annual burden hours:
Ann E. Misback,
Estimated annual burden hours: FR 106,925 hours.
2004A, 3,588 hours; FR 2004B, 4,425 General description of report: The FR Secretary of the Board.
hours; FR 2004C, 3,708 hours; FR 2644 is a balance sheet report that is [FR Doc. 2017–23003 Filed 10–23–17; 8:45 am]
2004SI, 2,631 hours; FR 2004SD, 1,265 collected as of each Wednesday from an BILLING CODE 6210–01–P
hours; FR 2004SD ad hoc, 1,196 hours; authorized stratified sample of 875
FR 2004WI, 3,680 hours; FR 2004FA, domestically chartered commercial
276 hours; FR 2004FB, 276 hours; FR banks and U.S. branches and agencies of FEDERAL RESERVE SYSTEM
2004FC, 276 hours; FR 2004FM, 414 foreign banks. The FR 2644 is the only
Formations of, Acquisitions by, and
hours. source of high-frequency data used in
Mergers of Bank Holding Companies
General description of report: The the analysis of current banking
Federal Reserve Bank of New York, on developments. The FR 2644 collects The companies listed in this notice
behalf of the Federal Reserve System, sample data that are used to estimate have applied to the Board for approval,
collects data from primary dealers in the universe levels using data from the pursuant to the Bank Holding Company
U.S. government securities market. quarterly commercial bank Consolidated Act of 1956 (12 U.S.C. 1841 et seq.)
Filing of these data is required to obtain Reports of Condition and Income (FFIEC (BHC Act), Regulation Y (12 CFR part
asabaliauskas on DSKBBXCHB2PROD with NOTICES

the benefit of primary dealer status. The 031, FFIEC 041, and FFIEC 051; OMB 225), and all other applicable statutes
Federal Reserve uses these data to (1) No. 7100–0036) and the Report of Assets and regulations to become a bank
monitor the condition of the U.S. and Liabilities of U.S. Branches and holding company and/or to acquire the
government securities market in its Agencies of Foreign Banks (FFIEC 002; assets or the ownership of, control of, or
Treasury market surveillance and OMB No. 7100–0032) (Call Reports). the power to vote shares of a bank or
analysis of the market and to (2) assist Data from the FR 2644, together with bank holding company and all of the
and support the U.S. Department of the data from other sources, are used to banks and nonbanking companies
Treasury in its role as fiscal agent for construct weekly estimates of bank owned by the bank holding company,
Treasury financing operations. In credit, balance sheet data for the U.S. including the companies listed below.

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Document Created: 2018-10-25 10:10:37
Document Modified: 2018-10-25 10:10:37

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		On July 6, 2017, the Board published a notice in the Federal Register (82 FR 31327) requesting public comment for 60 days on the extension, without revision, of the FR 2004. The comment period for this notice expired on September 5, 2017. The Board did not receive any comments. The information collection will be extended as proposed.
Dates		January 3, 2018.
Contact		Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC, 20551 (202) 452-3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors of the Federal Reserve System, Washington, DC 20551.
FR Citation		82 FR 49207