82 FR 60602 - Notice of Amendment to ASC Rules of Operation Governing Frequency of Regular Meetings of the Appraisal Subcommittee

FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

Federal Register Volume 82, Issue 244 (December 21, 2017)

Page Range		60602-60602
FR Document		2017-27513

The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council is amending section 3.06(e) of the ASC Rules of Operation, which addresses the scheduling of regular Meetings of the ASC. As amended, the ASC will meet at least quarterly instead of every two months (bi-monthly).

Federal Register, Volume 82 Issue 244 (Thursday, December 21, 2017)

[Federal Register Volume 82, Number 244 (Thursday, December 21, 2017)]
[Notices]
[Page 60602]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-27513]


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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

[Docket No. AS17-09]


Notice of Amendment to ASC Rules of Operation Governing Frequency 
of Regular Meetings of the Appraisal Subcommittee

AGENCY: Appraisal Subcommittee of the Federal Financial Institutions 
Examination Council.

ACTION: Notice of amendment to ASC Rules of Operation governing 
frequency of regular Meetings of the Appraisal Subcommittee.

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SUMMARY: The Appraisal Subcommittee (ASC) of the Federal Financial 
Institutions Examination Council is amending section 3.06(e) of the ASC 
Rules of Operation, which addresses the scheduling of regular Meetings 
of the ASC. As amended, the ASC will meet at least quarterly instead of 
every two months (bi-monthly).

DATES: Applicable Date: Immediately.

FOR FURTHER INFORMATION CONTACT: James R. Park, Executive Director, at 
(202) 595-7575, or Alice M. Ritter, General Counsel, at (202) 595-7577, 
Appraisal Subcommittee, 1401 H Street NW, Suite 760, Washington, DC 
20005.

SUPPLEMENTARY INFORMATION: The ASC, on May 29, 1991, adopted ASC Rules 
of Operation, which were published at 56 FR 28561 (June 21, 1991). The 
ASC Rules of Operation describe, among other things, the organization 
of ASC Meetings, notice requirements for Meetings, quorum requirements 
and certain practices regarding the disclosure of information. Section 
3.06(e) as amended provides that the ASC will meet at least quarterly 
instead of every two months (bi-monthly).
    The ASC is publishing amended Section 3.06(e) pursuant to 5 U.S.C. 
552(a)(1)(C) governing publication of agency rules of operation in the 
Federal Register. The notice and publication requirements of 5 U.S.C. 
553 do not apply to the adoption of Section 3.06(e) because it is a 
``rule of agency organization, procedure, or practice'' exempt from the 
public notice and comment process under 5 U.S.C. 553(b)(3)(A).
    Based on the foregoing, the ASC adopts amended Section 3.06(e) of 
the Rules of Operation, as follows, effective immediately:

Rules of Operation

* * * * *

Article III Organization and Operation of the ASC

* * * * *
    Section 3.06. Organization of ASC Meetings.
* * * * *
    (e) Regular meetings of the ASC shall be held at least quarterly, 
unless not practicable, at the call of the Chairperson. Special 
meetings shall be held as provided in section 3.07(b) below.
* * * * *

    By the Appraisal Subcommittee.

    Dated: December 15, 2017.
Arthur Lindo,
Chairman.
[FR Doc. 2017-27513 Filed 12-20-17; 8:45 am]
 BILLING CODE 6700-01-P

60602 Federal Register / Vol. 82, No. 244 / Thursday, December 21, 2017 / Notices

notice to the public; that no earlier 552(a)(1)(C) governing publication of the Federal Reserve System,
notice of the meeting was practicable; agency rules of operation in the Federal Washington, DC 20551.
that the public interest did not require Register. The notice and publication OMB Desk Officer—Shagufta
consideration of the matters in a requirements of 5 U.S.C. 553 do not Ahmed—Office of Information and
meeting open to public observation; and apply to the adoption of Section 3.06(e) Regulatory Affairs, Office of
that the matters could be considered in because it is a ‘‘rule of agency Management and Budget, New
a closed meeting by authority of organization, procedure, or practice’’ Executive Office Building, Room 10235,
subsections (c)(4), (c)(6), (c)(8), exempt from the public notice and 725 17th Street NW, Washington, DC
(c)(9)(A)(ii), (c)(9)(B), and (c)(10) of the comment process under 5 U.S.C. 20503 or by fax to (202) 395–6974.
‘‘Government in the Sunshine Act’’ (5 553(b)(3)(A). SUPPLEMENTARY INFORMATION: On June
U.S.C. 552b(c)(4), (c)(6), (c)(8), Based on the foregoing, the ASC 15, 1984, the Office of Management and
(c)(9)(A)(ii), (c)(9)(B), and (c)(10). adopts amended Section 3.06(e) of the Budget (OMB) delegated to the Board
Dated: December 19, 2017. Rules of Operation, as follows, effective authority under the Paperwork
Federal Deposit Insurance Corporation. immediately: Reduction Act (PRA) to approve of and
Robert E. Feldman, Rules of Operation assign OMB control numbers to
Executive Secretary. collection of information requests and
* * * * * requirements conducted or sponsored
[FR Doc. 2017–27608 Filed 12–19–17; 4:15 pm]
BILLING CODE P Article III Organization and Operation by the Board. Board-approved
of the ASC collections of information are
incorporated into the official OMB
* * * * * inventory of currently approved
FEDERAL FINANCIAL INSTITUTIONS Section 3.06. Organization of ASC
EXAMINATION COUNCIL collections of information. Copies of the
Meetings. Paperwork Reduction Act Submission,
[Docket No. AS17–09] * * * * * supporting statements and approved
(e) Regular meetings of the ASC shall collection of information instrument(s)
Notice of Amendment to ASC Rules of be held at least quarterly, unless not are placed into OMB’s public docket
Operation Governing Frequency of practicable, at the call of the files. The Federal Reserve may not
Regular Meetings of the Appraisal Chairperson. Special meetings shall be conduct or sponsor, and the respondent
Subcommittee held as provided in section 3.07(b) is not required to respond to, an
AGENCY: Appraisal Subcommittee of the below. information collection that has been
Federal Financial Institutions * * * * * extended, revised, or implemented on or
Examination Council. By the Appraisal Subcommittee. after October 1, 1995, unless it displays
ACTION: Notice of amendment to ASC Dated: December 15, 2017. a currently valid OMB control number.
Rules of Operation governing frequency Arthur Lindo, Final Approval Under OMB Delegated
of regular Meetings of the Appraisal Chairman. Authority of the Extension for Three
Subcommittee. Years, Without Revision, of the
[FR Doc. 2017–27513 Filed 12–20–17; 8:45 am]
SUMMARY: The Appraisal Subcommittee BILLING CODE 6700–01–P Following Report
(ASC) of the Federal Financial Report title: Reporting,
Institutions Examination Council is Recordkeeping, and Disclosure
amending section 3.06(e) of the ASC FEDERAL RESERVE SYSTEM Requirements Associated with
Rules of Operation, which addresses the Proprietary Trading and Certain
scheduling of regular Meetings of the Agency Information Collection Interests in and Relationships with
ASC. As amended, the ASC will meet at Activities: Announcement of Board Covered Funds (Regulation VV).
least quarterly instead of every two Approval Under Delegated Authority Agency form number: FR VV.
months (bi-monthly). and Submission to OMB OMB control number: 7100–0360.
DATES: Applicable Date: Immediately. Frequency: Annual, monthly,
FOR FURTHER INFORMATION CONTACT:
AGENCY: Board of Governors of the quarterly, and on occasion.
James R. Park, Executive Director, at Federal Reserve System. Respondents: State member banks,
(202) 595–7575, or Alice M. Ritter, SUMMARY: The Board of Governors of the bank holding companies, savings and
General Counsel, at (202) 595–7577, Federal Reserve System (Board) is loan holding companies, foreign
Appraisal Subcommittee, 1401 H Street adopting a proposal to extend for three banking organizations, U.S. State
NW, Suite 760, Washington, DC 20005. years, without revision, the Reporting, branches or agencies of foreign banks,
SUPPLEMENTARY INFORMATION: The ASC, Recordkeeping, and Disclosure and other holding companies that
on May 29, 1991, adopted ASC Rules of Requirements Associated with control an insured depository
Operation, which were published at 56 Proprietary Trading and Certain institution and any subsidiary of the
FR 28561 (June 21, 1991). The ASC Interests in and Relationships with foregoing other than a subsidiary for
Rules of Operation describe, among Covered Funds (Regulation VV) (FR VV; which the OCC, FDIC, CFTC, or SEC is
other things, the organization of ASC OMB No. 7100–0360). the primary financial regulatory agency.
Meetings, notice requirements for FOR FURTHER INFORMATION CONTACT: The Board will take burden for all
Meetings, quorum requirements and Federal Reserve Board Clearance institutions under a holding company
daltland on DSKBBV9HB2PROD with NOTICES

certain practices regarding the Officer—Nuha Elmaghrabi—Office of including:
disclosure of information. Section the Chief Data Officer, Board of • OCC-supervised institutions,
3.06(e) as amended provides that the Governors of the Federal Reserve • FDIC-supervised institutions,
ASC will meet at least quarterly instead System, Washington, DC 20551 (202) • Banking entities for which the
of every two months (bi-monthly). 452–3829. Telecommunications Device CFTC is the primary financial regulatory
The ASC is publishing amended for the Deaf (TDD) users may contact agency, as defined in section 2(12)(C) of
Section 3.06(e) pursuant to 5 U.S.C. (202) 263–4869, Board of Governors of the Dodd-Frank Act, and

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Document Created: 2018-10-25 11:00:19
Document Modified: 2018-10-25 11:00:19

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 of amendment to ASC Rules of Operation governing frequency of regular Meetings of the Appraisal Subcommittee.
Dates		Applicable Date: Immediately.
Contact		James R. Park, Executive Director, at (202) 595-7575, or Alice M. Ritter, General Counsel, at (202) 595-7577, Appraisal Subcommittee, 1401 H Street NW, Suite 760, Washington, DC 20005.
FR Citation		82 FR 60602