83_FR_1625 83 FR 1616 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

83 FR 1616 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 9 (January 12, 2018)

Page Range1616-1616
FR Document2018-00433

Federal Register, Volume 83 Issue 9 (Friday, January 12, 2018)
[Federal Register Volume 83, Number 9 (Friday, January 12, 2018)]
[Notices]
[Page 1616]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00433]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than February 8, 2018.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528. 
Comments can also be sent electronically to 
[email protected]:
    1. Old Line Bancshares, Inc., Bowie, Maryland; to acquire 100 
percent of the voting shares of Bay Bancorp, Inc., Columbia, Maryland, 
and thereby indirectly acquire Bay Bank, FSB, Columbia, Maryland, and 
thereby engage in operating a savings association, pursuant to section 
225.28(b)(4)(ii) of Regulation Y.

    Board of Governors of the Federal Reserve System, January 9, 
2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018-00433 Filed 1-11-18; 8:45 am]
 BILLING CODE 6210-01-P



                                                1616                            Federal Register / Vol. 83, No. 9 / Friday, January 12, 2018 / Notices

                                                (4) revised 47 CFR 73.155 to eliminate                    Board of Governors of the Federal Reserve            with respect to whom such reports
                                                the requirement for biennial                            System, January 9, 2018.                               were—
                                                recertification of the performance of a                 Ann E. Misback,                                           A. substantiated;
                                                directional pattern licensed pursuant to                Secretary of the Board.                                   B. unsubstantiated; or
                                                a MoM proof, except when system                         [FR Doc. 2018–00433 Filed 1–11–18; 8:45 am]               C. determined to be false.
                                                components have been repaired or                                                                                  3. Of the number of children
                                                                                                        BILLING CODE 6210–01–P
                                                replaced.                                                                                                      described in paragraph (2)—
                                                                                                                                                                  A. the number that did not receive
                                                Federal Communications Commission.                                                                             services during the year under the state
                                                Katura Jackson,                                                                                                program funded under this section or an
                                                                                                        DEPARTMENT OF HEALTH AND
                                                Federal Register Liaison Officer, Office of the                                                                equivalent state program;
                                                Secretary.
                                                                                                        HUMAN SERVICES
                                                                                                                                                                  B. the number that received services
                                                [FR Doc. 2018–00455 Filed 1–11–18; 8:45 am]             Administration for Children and                        during the year under the state program
                                                BILLING CODE 6712–01–P                                  Families                                               funded under this section or an
                                                                                                                                                               equivalent state program; and
                                                                                                        Proposed Information Collection                           C. the number that were removed
                                                FEDERAL RESERVE SYSTEM                                  Activity; Comment Request                              from their families during the year by
                                                                                                                                                               disposition of the case.
                                                Notice of Proposals To Engage in or                       Proposed Projects:                                      4. The number of families that
                                                To Acquire Companies Engaged in                           Title: National Child Abuse and                      received preventive services, including
                                                Permissible Nonbanking Activities                       Neglect Data System.                                   use of differential response, from the
                                                                                                          OMB No.: 0970–0424.                                  state during the year.
                                                   The companies listed in this notice                    Description: The Administration on                      5. The number of deaths in the state
                                                have given notice under section 4 of the                Children, Youth and Families in the                    during the year resulting from child
                                                Bank Holding Company Act (12 U.S.C.                     U.S. Department of Health and Human                    abuse or neglect.
                                                1843) (BHC Act) and Regulation Y, (12                   Services (HHS) established the National                   6. Of the number of children
                                                CFR part 225) to engage de novo, or to                  Child Abuse and Neglect Data System                    described in paragraph (5), the number
                                                acquire or control voting securities or                 (NCANDS) to respond to the 1988 and                    of such children who were in foster
                                                assets of a company, including the                      1992 amendments (Pub. L. 100–294 and                   care.
                                                companies listed below, that engages                    Pub. L. 102–295) to the Child Abuse                       7.
                                                either directly or through a subsidiary or              Prevention and Treatment Act (42                          A. The number of child protective
                                                other company, in a nonbanking activity                 U.S.C. 5101 et seq.), which called for the             service personnel responsible for the—
                                                that is listed in § 225.28 of Regulation Y              creation of a coordinated national data                   i. intake of reports filed in the
                                                (12 CFR 225.28) or that the Board has                   collection and analysis program, both                  previous year;
                                                determined by Order to be closely                       universal and case specific in scope, to                  ii. screening of such reports;
                                                related to banking and permissible for                  examine standardized data on false,                       iii. assessment of such reports; and
                                                bank holding companies. Unless                          unfounded, or unsubstantiated reports.                    iv. investigation of such reports.
                                                                                                                                                                  B. The average caseload for the
                                                otherwise noted, these activities will be                 In 1996, the Child Abuse Prevention
                                                                                                                                                               workers described in subparagraph (A).
                                                conducted throughout the United States.                 and Treatment Act was amended by                          8. The agency response time with
                                                   Each notice is available for inspection              Public Law 104–235 to require that any                 respect to each such report with respect
                                                at the Federal Reserve Bank indicated.                  state receiving the Basic State Grant                  to initial investigation of reports of child
                                                The notice also will be available for                   work with the Secretary of the                         abuse or neglect.
                                                inspection at the offices of the Board of               Department of Health and Human                            9. The response time with respect to
                                                Governors. Interested persons may                       Services (HHS) to provide specific data                the provision of services to families and
                                                express their views in writing on the                   on child maltreatment, to the extent                   children where an allegation of child
                                                question whether the proposal complies                  practicable. These provisions were                     abuse or neglect has been made.
                                                with the standards of section 4 of the                  retained and expanded upon in the 2010                    10. For child protective service
                                                BHC Act.                                                reauthorization of CAPTA (Pub. L. 111–                 personnel responsible for intake,
                                                   Unless otherwise noted, comments                     320). Item (17) below was enacted with                 screening, assessment, and investigation
                                                regarding the applications must be                      the Justice for Victims of Trafficking Act             of child abuse and neglect reports in the
                                                received at the Reserve Bank indicated                  of 2015 (Pub. L. 114–22). The law goes                 state—
                                                or the offices of the Board of Governors                into effect in 2017 and it is anticipated                 A. information on the education,
                                                not later than February 8, 2018.                        that states will begin reporting with FFY              qualifications, and training
                                                   A. Federal Reserve Bank of Richmond                  2018 data. Item (18) below was enacted                 requirements established by the state for
                                                (Adam M. Drimer, Assistant Vice                         with the Comprehensive Addiction and                   child protective service professionals,
                                                President) 701 East Byrd Street,                        Recovery Act of 2016 (CARA) (Pub. L.                   including for entry and advancement in
                                                Richmond, Virginia 23261–4528.                          114–198). The law goes into effect in                  the profession, including advancement
                                                Comments can also be sent                               2017 and it is anticipated that states will            to supervisory positions;
                                                electronically to                                       begin reporting with FFY 2018 data.                       B. data of the education,
                                                Comments.applications@rich.frb.org:                     Each state to which a grant is made                    qualifications, and training of such
                                                   1. Old Line Bancshares, Inc., Bowie,                 under this section shall annually work                 personnel;
                                                Maryland; to acquire 100 percent of the                 with the Secretary to provide, to the
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                                                                                                                                                                  C. demographic information of the
                                                voting shares of Bay Bancorp, Inc.,                     maximum extent practicable, a report                   child protective service personnel; and
                                                Columbia, Maryland, and thereby                         that includes the following:                              D. information on caseload or
                                                indirectly acquire Bay Bank, FSB,                         1. The number of children who were                   workload requirements for such
                                                Columbia, Maryland, and thereby                         reported to the state during the year as               personnel, including requirements for
                                                engage in operating a savings                           victims of child abuse or neglect.                     average number and maximum number
                                                association, pursuant to section                          2. Of the number of children                         of cases per child protective service
                                                225.28(b)(4)(ii) of Regulation Y.                       described in paragraph (1), the number                 worker and supervisor.


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Document Created: 2018-10-26 09:51:02
Document Modified: 2018-10-26 09:51:02
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
FR Citation83 FR 1616 

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