82 FR 8488 - Notice of Availability of Bilateral Agreement Between the European Union and the United States of America on Prudential Measures Regarding Insurance and Reinsurance
DEPARTMENT OF THE TREASURY
UNITED STATES TRADE REPRESENTATIVE Federal Register Volume 82, Issue 15 (January 25, 2017)
UNITED STATES TRADE REPRESENTATIVE
Federal Register Volume 82, Issue 15 (January 25, 2017)
| Page Range | 8488-8488 | |
| FR Document | 2017-01638 |
[Federal Register Volume 82, Number 15 (Wednesday, January 25, 2017)] [Notices] [Page 8488] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-01638] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY UNITED STATES TRADE REPRESENTATIVE Notice of Availability of Bilateral Agreement Between the European Union and the United States of America on Prudential Measures Regarding Insurance and Reinsurance AGENCY: Department of the Treasury, Departmental Offices; United States Trade Representative, Services and Investment. ACTION: Notice of Availability; Final Legal Text of Bilateral Agreement between the European Union and the United States of America on Prudential Measures Regarding Insurance and Reinsurance (Covered Agreement). ----------------------------------------------------------------------- SUMMARY: By this Notice, the Federal Insurance Office of the Department of the Treasury (FIO) and the United States Trade Representative (USTR) announce the availability of the final legal text of a Covered Agreement entered into between the United States and the European Union regarding certain prudential measures with respect to insurance and reinsurance. ADDRESSES: The Covered Agreement text is available on Treasury's Web site at https://www.treasury.gov/initiatives/fio/reports-and-notices/Pages/default.aspx. FOR FURTHER INFORMATION CONTACT: Treasury: Philip J. Goodman, Senior Insurance Regulatory Policy Analyst, Federal Insurance Office, (202) 622-1170; Daniel P. McCarty, Policy Advisor, Federal Insurance Office, (202) 622-5892. USTR: Sarah C. Ellerman, Director, Services & Investment, (202) 395-9556. SUPPLEMENTARY INFORMATION: Pursuant to 31 U.S.C. 313-314, the Federal Insurance Office Act of 2010 (FIO Act) authorizes the Secretary of the Treasury (Treasury) and the USTR jointly to negotiate a covered agreement with one or more foreign governments, authorities, or regulatory entities. A covered agreement is a ``written bilateral or multilateral agreement regarding prudential measures with respect to the business of insurance or reinsurance . . . .'' The FIO Act provides that a covered agreement may enter into force only if Treasury and USTR jointly submit to the Financial Services and Ways and Means Committees of the House of Representatives and the Banking, Housing, and Urban Affairs and Finance Committees of the Senate a copy of the final legal text of the agreement on a day in which both Houses of Congress are in session and a period of ninety calendar days beginning on the date of submission has expired. On January 13, 2017, Treasury and USTR submitted a copy of the final legal text of the Covered Agreement to these four committees. Text of the Covered Agreement is available in its entirety on Treasury's Web site at https://www.treasury.gov/initiatives/fio/reports-and-notices/Pages/default.aspx. Michael T. McRaith, Director, Federal Insurance Office, U.S. Department of the Treasury. Sarah C. Ellerman, Director, Services & Investment, Office of the United States Trade Representative. [FR Doc. 2017-01638 Filed 1-24-17; 8:45 am] BILLING CODE 4810-25-P
![8488 Federal Register / Vol. 82, No. 15 / Wednesday, January 25, 2017 / Notices
ADDRESSES: Direct all written comments information to be collected; (d) ways to or more foreign governments,
to Tuawana Pinkston, Internal Revenue minimize the burden of the collection of authorities, or regulatory entities. A
Service, room 6526, 1111 Constitution information on respondents, including covered agreement is a ‘‘written bilateral
Avenue NW., Washington, DC 20224. through the use of automated collection or multilateral agreement regarding
FOR FURTHER INFORMATION CONTACT: techniques or other forms of information prudential measures with respect to the
Requests for additional information or technology; and (e) estimates of capital business of insurance or reinsurance
copies of the regulations should be or start-up costs and costs of operation, . . . .’’
directed to Kerry Dennis at Internal maintenance, and purchase of services The FIO Act provides that a covered
Revenue Service, Room 6526, 1111 to provide information. agreement may enter into force only if
Constitution Avenue NW., Washington, Approved: January 4, 2017. Treasury and USTR jointly submit to the
DC 20224, or through the internet at Tuawana Pinkston, Financial Services and Ways and Means
kerry.dennis@irs.gov. Committees of the House of
IRS Reports Clearance Officer.
SUPPLEMENTARY INFORMATION: Representatives and the Banking,
[FR Doc. 2017–01578 Filed 1–24–17; 8:45 am]
Title: Residence of Trusts and Housing, and Urban Affairs and Finance
BILLING CODE 4830–01–P
Estates—7701. Committees of the Senate a copy of the
OMB Number: 1545–1600. final legal text of the agreement on a day
Regulation Project Number: TD 8813. in which both Houses of Congress are in
DEPARTMENT OF THE TREASURY
Abstract: This regulation provides the session and a period of ninety calendar
procedures and requirements for making UNITED STATES TRADE days beginning on the date of
the election to remain a domestic trust REPRESENTATIVE submission has expired. On January 13,
in accordance with section 1161 of the 2017, Treasury and USTR submitted a
Taxpayer Relief Act of 1997. The Notice of Availability of Bilateral copy of the final legal text of the
information submitted by taxpayers will Agreement Between the European Covered Agreement to these four
be used by the IRS to determine if a Union and the United States of committees.
trust is a domestic trust or a foreign America on Prudential Measures Text of the Covered Agreement is
trust. Regarding Insurance and Reinsurance available in its entirety on Treasury’s
Current Actions: There is no change to Web site at https://www.treasury.gov/
AGENCY: Department of the Treasury, initiatives/fio/reports-and-notices/
this existing regulation. Departmental Offices; United States
Type of Review: Extension of the Pages/default.aspx.
Trade Representative, Services and
currently approved collection. Investment. Michael T. McRaith,
Affected Public: Individuals or Director, Federal Insurance Office, U.S.
ACTION: Notice of Availability; Final
households. Department of the Treasury.
Estimated Number of Respondents: Legal Text of Bilateral Agreement
between the European Union and the Sarah C. Ellerman,
222.
United States of America on Prudential Director, Services & Investment, Office of the
Estimated Time per Respondent: 31 United States Trade Representative.
minutes. Measures Regarding Insurance and
Estimated Total Annual Burden Reinsurance (Covered Agreement). [FR Doc. 2017–01638 Filed 1–24–17; 8:45 am]
BILLING CODE 4810–25–P
Hours: 114. SUMMARY: By this Notice, the Federal
The following paragraph applies to all Insurance Office of the Department of
of the collections of information covered the Treasury (FIO) and the United States
by this notice: Trade Representative (USTR) announce DEPARTMENT OF VETERANS
An agency may not conduct or the availability of the final legal text of AFFAIRS
sponsor, and a person is not required to a Covered Agreement entered into
respond to, a collection of information between the United States and the Advisory Committee on Structural
unless the collection of information European Union regarding certain Safety of Department of Veterans
displays a valid OMB control number. prudential measures with respect to Affairs Facilities, Notice of Meeting
Books or records relating to a collection insurance and reinsurance.
of information must be retained as long The Department of Veterans Affairs
ADDRESSES: The Covered Agreement
as their contents may become material (VA) gives notice under the Federal
text is available on Treasury’s Web site
in the administration of any internal Advisory Committee Act (5 U.S.C. App.
at https://www.treasury.gov/initiatives/
revenue law. Generally, tax returns and 2) that a meeting of the Advisory
fio/reports-and-notices/Pages/
tax return information are confidential, Committee on Structural Safety of
default.aspx.
as required by 26 U.S.C. 6103. Department of Veterans Affairs
Request for Comments: Comments FOR FURTHER INFORMATION CONTACT: Facilities will be held on February 22–
submitted in response to this notice will Treasury: Philip J. Goodman, Senior 23, 2017, in Room 6W.306, 425 I Street
be summarized and/or included in the Insurance Regulatory Policy Analyst, NW., Washington, DC. On February 22,
request for OMB approval. All Federal Insurance Office, (202) 622– the session will begin at 9:00 a.m. and
comments will become a matter of 1170; Daniel P. McCarty, Policy end at 5:00 p.m.; and on February 23,
public record. Comments are invited on: Advisor, Federal Insurance Office, (202) the session will start at 9:00 a.m. and
(a) Whether the collection of 622–5892. adjourn at 1:00 p.m. The meeting is
information is necessary for the proper USTR: Sarah C. Ellerman, Director, open to the public.
mstockstill on DSK3G9T082PROD with NOTICES
performance of the functions of the Services & Investment, (202) 395–9556. The purpose of the Committee is to
agency, including whether the SUPPLEMENTARY INFORMATION: Pursuant advise the Secretary of Veterans Affairs
information shall have practical utility; to 31 U.S.C. 313–314, the Federal on matters of structural safety in the
(b) the accuracy of the agency’s estimate Insurance Office Act of 2010 (FIO Act) construction and remodeling of VA
of the burden of the collection of authorizes the Secretary of the Treasury facilities and to recommend standards
information; (c) ways to enhance the (Treasury) and the USTR jointly to for use by VA in the construction and
quality, utility, and clarity of the negotiate a covered agreement with one alteration of its facilities.
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Document Created: 2017-01-25 00:08:54
Document Modified: 2017-01-25 00:08:54
| 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 Availability; Final Legal Text of Bilateral Agreement between the European Union and the United States of America on Prudential Measures Regarding Insurance and Reinsurance (Covered Agreement). | |
| Contact | Treasury: Philip J. Goodman, Senior Insurance Regulatory Policy Analyst, Federal Insurance Office, (202) 622-1170; Daniel P. McCarty, Policy Advisor, Federal Insurance Office, (202) 622-5892. | |
| FR Citation | 82 FR 8488 |
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