83_FR_42282 83 FR 42121 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

83 FR 42121 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 161 (August 20, 2018)

Page Range42121-42122
FR Document2018-17875

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Recordkeeping Requirements Associated with Regulation GG (Prohibition on Funding of Unlawful internet Gambling) (FR 4026; OMB No. 7100-0317).

Federal Register, Volume 83 Issue 161 (Monday, August 20, 2018) 
[Federal Register Volume 83, Number 161 (Monday, August 20, 2018)]
[Notices]
[Pages 42121-42122]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-17875]


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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 
Recordkeeping Requirements Associated with Regulation GG (Prohibition 
on Funding of Unlawful internet Gambling) (FR 4026; OMB No. 7100-0317).

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 
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.

SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management 
and Budget (OMB) delegated to the Board authority under the Paperwork 
Reduction Act (PRA) to approve and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board. Board-approved

[[Page 42122]]

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 Board 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.
    Final approval under OMB delegated authority of the extension for 
three years, without revision of the following report:
    Report title: Recordkeeping Requirements Associated with Regulation 
GG (Prohibition on Funding of Unlawful Internet Gambling).
    Agency form number: FR 4026.
    OMB control number: 7100-0317.
    Frequency: Annual.
    Respondents: Depository institutions, credit unions, card system 
operators, and money transmitting business operators.
    Estimated number of respondents: 2,628 depository institutions, 
2,839 credit unions, 7 card system operators, 43 money transmitting 
business operators, and 3 new or de novo institutions.
    Estimated average hours per response: Ongoing annual burden of 8 
hours per recordkeeper for depository institutions, credit unions, card 
system operators, and money transmitting business operators. One-time 
burden of 100 hours for new or de novo institutions.
    Estimated annual burden hours: Ongoing burden, 44,436 hours, and 
one-time burden, 300 hours.
    General description of report: On November 18, 2008, the Board and 
the Department of the Treasury (the agencies) published a joint notice 
of final rulemaking in the Federal Register (73 FR 69382) adopting a 
rule on a prohibition on the funding of unlawful internet gambling 
pursuant to the Unlawful internet Gambling Enforcement Act of 2006 (the 
Act). Identical sets of the final joint rule with identically numbered 
sections were adopted by the Board and the Department of the Treasury 
(the Treasury) within their respective titles of the Code of Federal 
Regulations (12 CFR part 233 for the Board and 31 CFR part 132 for the 
Treasury). The compliance date for the joint rule was June 1, 2010 (74 
FR 62687). The collection of information is set out in sections 5 and 6 
of the joint rule.\1\ Section 5 of the joint rule, as required by the 
Act, requires all non-exempt participants in designated payment systems 
to establish and implement written policies and procedures reasonably 
designed to identify and block or otherwise prevent or prohibit 
transactions in connection with unlawful internet gambling. Section 6 
of the joint rule provides non-exclusive examples of policies and 
procedures deemed by the agencies to be reasonably designed to identify 
and block or otherwise prevent or prohibit transactions restricted by 
the Act.
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    \1\ Section 802 of the Act requires the agencies to prescribe 
joint regulations requiring each designated payment system, and all 
participants in such systems, to identify and block or otherwise 
prevent or prohibit restricted transactions through the 
establishment of policies and procedures reasonably designed to 
identify and block or otherwise prevent or prohibit the acceptance 
of restricted transactions.
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    Legal authorization and confidentiality: The Board is authorized 
pursuant to section 802 of the Act (31 U.S.C. 5364(a)) to prescribe 
regulations requiring designated payment systems and participants 
therein to establish of policies and procedures to identify and block 
or otherwise prevent or prohibit restricted transactions. The FR 4026 
is mandatory. The policies and procedures are not required to be 
submitted to the Board, so normally no confidentiality issues would be 
implicated. To the extent such policies and procedures are obtained by 
the Board through the examination process, they may be kept 
confidential under exemption 8 of the Freedom of Information Act (5 
U.S.C. 552(b)(8)), which protects information contained in or related 
to an examination of a financial institution.
    Current actions: On April 17, 2018, the agencies published a joint 
notice in the Federal Register (83 FR 16857) requesting public comment 
for 60 days on the extension, without revision, of the Recordkeeping 
Requirements Associated with Regulation GG (Prohibition on Funding of 
Unlawful Internet Gambling). The comment period for this notice expired 
on June 18, 2018. The agencies did not receive any comments. The 
information collection will be extended as proposed and the agencies 
are publishing separate final notices.

    Board of Governors of the Federal Reserve System, August 15, 
2018.
Ann Misback,
Secretary of the Board.
[FR Doc. 2018-17875 Filed 8-17-18; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 83, No. 161 / Monday, August 20, 2018 / Notices 42121 Request for Comment Appraisal Foundation FY19 Grant Unless otherwise noted, comments Comments are invited on: (a) Whether Proposal regarding the notice must be received at • Foundation Grant for AQB and ASB the Reserve Bank indicated or the the collections of information are • State Grant for State Investigator necessary for the proper performance of offices of the Board of Governors not Training later than September 4, 2018. the FDIC’s functions, including whether FY19 ASC Budget Proposal the information has practical utility; (b) A. Federal Reserve Bank of FY19–23 ASC Strategic Plan Minneapolis (Mark A. Rauzi, Vice the accuracy of the estimates of the burdens of the information collections, How To Attend and Observe an ASC President), 90 Hennepin Avenue, including the validity of the Meeting Minneapolis, Minnesota 55480–0291: 1. N.A. Corporation, Roseville, methodology and assumptions used; (c) If you plan to attend the ASC Meeting Minnesota; to engage in data processing ways to enhance the quality, utility, and in person, we ask that you send an activities through its subsidiary, clarity of the information to be email to meetings@asc.gov. You may ExCheQ, LLC, Roseville, Minnesota, collected; and (d) ways to minimize the register until close of business four pursuant to section 225.28(b)(14)(i) of burden of the collections of information business days before the meeting date. Regulation Y. on respondents, including through the You will be contacted by the Federal use of automated collection techniques Reserve Law Enforcement Unit on Board of Governors of the Federal Reserve or other forms of information security requirements. You will also be System, August 14, 2018. technology. All comments will become asked to provide a valid government- Ann Misback, a matter of public record. issued ID before being admitted to the Secretary of the Board. Dated at Washington, DC, on August 15, Meeting. The meeting space is intended [FR Doc. 2018–17834 Filed 8–17–18; 8:45 am] 2018. to accommodate public attendees. BILLING CODE P Federal Deposit Insurance Corporation. However, if the space will not accommodate all requests, the ASC may Robert E. Feldman, refuse attendance on that reasonable FEDERAL RESERVE SYSTEM Executive Secretary. basis. The use of any video or audio [FR Doc. 2018–17915 Filed 8–17–18; 8:45 am] tape recording device, photographing Agency Information Collection BILLING CODE 6714–01–P device, or any other electronic or Activities: Announcement of Board mechanical device designed for similar Approval Under Delegated Authority purposes is prohibited at ASC meetings. and Submission to OMB FEDERAL FINANCIAL INSTITUTIONS Dated: August 14, 2018. AGENCY: Board of Governors of the EXAMINATION COUNCIL James R. Park, Federal Reserve System. [Docket No. AS18–09] Executive Director. SUMMARY: The Board of Governors of the [FR Doc. 2018–17869 Filed 8–17–18; 8:45 am] Federal Reserve System (Board) is Appraisal Subcommittee; Notice of BILLING CODE 6700–01–P adopting a proposal to extend for three Meeting years, without revision, the AGENCY: Appraisal Subcommittee of the Recordkeeping Requirements Federal Financial Institutions FEDERAL RESERVE SYSTEM Associated with Regulation GG Examination Council. (Prohibition on Funding of Unlawful Notice of Proposals To Engage in or internet Gambling) (FR 4026; OMB No. ACTION: Notice of meeting. To Acquire Companies Engaged in 7100–0317). Permissible Nonbanking Activities FOR FURTHER INFORMATION CONTACT: SUPPLEMENTARY INFORMATION: In accordance with Section 1104(b) of Title The companies listed in this notice Federal Reserve Board Clearance XI of the Financial Institutions Reform, have given notice under section 4 of the Officer—Nuha Elmaghrabi—Office of Recovery, and Enforcement Act of 1989, Bank Holding Company Act (12 U.S.C. the Chief Data Officer, Board of as amended, notice is hereby given that 1843) (BHC Act) and Regulation Y, (12 Governors of the Federal Reserve the Appraisal Subcommittee (ASC) will CFR part 225) to engage de novo, or to System, Washington, DC 20551 (202) meet in open session for its regular acquire or control voting securities or 452–3829. Telecommunications Device meeting: assets of a company, including the for the Deaf (TDD) users may contact Location: Federal Reserve Board— companies listed below, that engages (202) 263–4869, Board of Governors of International Square location, 1850 either directly or through a subsidiary or the Federal Reserve System, K Street NW, Washington, DC 20006. other company, in a nonbanking activity Washington, DC 20551. Date: August 29, 2018. that is listed in § 225.28 of Regulation Y OMB Desk Officer—Shagufta Time: 10:00 a.m. (12 CFR 225.28) or that the Board has Ahmed—Office of Information and Status: Open. determined by Order to be closely Regulatory Affairs, Office of related to banking and permissible for Management and Budget, New Reports bank holding companies. Unless Executive Office Building, Room 10235, Chairman otherwise noted, these activities will be 725 17th Street NW, Washington, DC Executive Director conducted throughout the United States. 20503 or by fax to (202) 395–6974. Delegated State Compliance Reviews Each notice is available for inspection SUPPLEMENTARY INFORMATION: On June Financial Report at the Federal Reserve Bank indicated. 15, 1984, the Office of Management and daltland on DSKBBV9HB2PROD with NOTICES Notation Votes The notice also will be available for Budget (OMB) delegated to the Board inspection at the offices of the Board of authority under the Paperwork Action and Discussion Items Governors. Interested persons may Reduction Act (PRA) to approve and Open Session Minutes express their views in writing on the assign OMB control numbers to • April 23, 2018 question whether the proposal complies collection of information requests and • May 9, 2018 with the standards of section 4 of the requirements conducted or sponsored • June 8, 2018 BHC Act. by the Board. Board-approved VerDate Sep<11>2014 19:04 Aug 17, 2018 Jkt 244001 PO 00000 Frm 00022 Fmt 4703 Sfmt 4703 E:\FR\FM\20AUN1.SGM 20AUN1

42122 Federal Register / Vol. 83, No. 161 / Monday, August 20, 2018 / Notices collections of information are sections 5 and 6 of the joint rule.1 DEPARTMENT OF DEFENSE incorporated into the official OMB Section 5 of the joint rule, as required inventory of currently approved by the Act, requires all non-exempt GENERAL SERVICES collections of information. Copies of the participants in designated payment ADMINISTRATION Paperwork Reduction Act Submission, systems to establish and implement supporting statements and approved written policies and procedures NATIONAL AERONAUTICS AND collection of information instrument(s) reasonably designed to identify and SPACE ADMINISTRATION are placed into OMB’s public docket block or otherwise prevent or prohibit [OMB Control No. 9000–0061; Docket No. files. The Board may not conduct or transactions in connection with 2018–0003; Sequence No. 10] sponsor, and the respondent is not unlawful internet gambling. Section 6 of required to respond to, an information the joint rule provides non-exclusive Submission for OMB Review; collection that has been extended, examples of policies and procedures Transportation Requirements revised, or implemented on or after deemed by the agencies to be reasonably AGENCY: Department of Defense (DOD), October 1, 1995, unless it displays a designed to identify and block or General Services Administration (GSA), currently valid OMB control number. otherwise prevent or prohibit and National Aeronautics and Space Final approval under OMB delegated transactions restricted by the Act. Administration (NASA). authority of the extension for three Legal authorization and ACTION: Notice of request for public years, without revision of the following confidentiality: The Board is authorized comments regarding an extension to an report: pursuant to section 802 of the Act (31 existing OMB clearance. Report title: Recordkeeping U.S.C. 5364(a)) to prescribe regulations Requirements Associated with requiring designated payment systems SUMMARY: Under the provisions of the Regulation GG (Prohibition on Funding and participants therein to establish of Paperwork Reduction Act, the of Unlawful Internet Gambling). policies and procedures to identify and Regulatory Secretariat Division will be Agency form number: FR 4026. block or otherwise prevent or prohibit submitting to the Office of Management OMB control number: 7100–0317. restricted transactions. The FR 4026 is and Budget (OMB) a request to review Frequency: Annual. mandatory. The policies and procedures and approve an extension of a Respondents: Depository institutions, are not required to be submitted to the previously approved information credit unions, card system operators, Board, so normally no confidentiality collection requirement concerning and money transmitting business issues would be implicated. To the Transportation Requirements. operators. extent such policies and procedures are DATES: Submit comments on or before Estimated number of respondents: obtained by the Board through the September 19, 2018. 2,628 depository institutions, 2,839 examination process, they may be kept ADDRESSES: Submit comments regarding credit unions, 7 card system operators, confidential under exemption 8 of the this burden estimate or any other aspect 43 money transmitting business Freedom of Information Act (5 U.S.C. of this collection of information, operators, and 3 new or de novo 552(b)(8)), which protects information including suggestions for reducing this institutions. contained in or related to an burden to: Office of Information and Estimated average hours per response: examination of a financial institution. Regulatory Affairs of OMB, Attention: Ongoing annual burden of 8 hours per Current actions: On April 17, 2018, Desk Officer for GSA, Room 10236, recordkeeper for depository institutions, the agencies published a joint notice in NEOB, Washington, DC 20503. credit unions, card system operators, the Federal Register (83 FR 16857) Additionally submit a copy to GSA by and money transmitting business requesting public comment for 60 days any of the following methods: operators. One-time burden of 100 hours on the extension, without revision, of • Regulations.gov: http:// for new or de novo institutions. the Recordkeeping Requirements www.regulations.gov. Associated with Regulation GG Submit comments via the Federal Estimated annual burden hours: (Prohibition on Funding of Unlawful eRulemaking portal by inputting the Ongoing burden, 44,436 hours, and one- Internet Gambling). The comment OMB Control number. Select the link time burden, 300 hours. period for this notice expired on June ‘‘Submit a Comment’’ that corresponds General description of report: On with ‘‘Information Collection 9000– November 18, 2008, the Board and the 18, 2018. The agencies did not receive any comments. The information 0061, Transportation Requirements’’. Department of the Treasury (the Follow the instructions provided at the agencies) published a joint notice of collection will be extended as proposed and the agencies are publishing separate ‘‘Submit a Comment’’ screen. Please final rulemaking in the Federal Register include your name, company name (if (73 FR 69382) adopting a rule on a final notices. any), and ‘‘Information Collection 9000– prohibition on the funding of unlawful Board of Governors of the Federal Reserve 0061, Transportation Requirements’’ on internet gambling pursuant to the System, August 15, 2018. your attached document. Unlawful internet Gambling Ann Misback, • Mail: General Services Enforcement Act of 2006 (the Act). Secretary of the Board. Administration, Regulatory Secretariat Identical sets of the final joint rule with Division (MVCB), 1800 F Street NW, [FR Doc. 2018–17875 Filed 8–17–18; 8:45 am] identically numbered sections were Washington, DC 20405. ATTN: Ms. adopted by the Board and the BILLING CODE 6210–01–P Mandell/IC 9000–0061, Transportation Department of the Treasury (the Requirements. daltland on DSKBBV9HB2PROD with NOTICES 1 Section 802 of the Act requires the agencies to Treasury) within their respective titles Instructions: Please submit comments prescribe joint regulations requiring each of the Code of Federal Regulations (12 designated payment system, and all participants in only and cite Information Collection CFR part 233 for the Board and 31 CFR such systems, to identify and block or otherwise 9000–0061, Transportation part 132 for the Treasury). The prevent or prohibit restricted transactions through Requirements, in all correspondence compliance date for the joint rule was the establishment of policies and procedures reasonably designed to identify and block or related to this collection. Comments June 1, 2010 (74 FR 62687). The otherwise prevent or prohibit the acceptance of received generally will be posted collection of information is set out in restricted transactions. without change to regulations.gov, VerDate Sep<11>2014 19:04 Aug 17, 2018 Jkt 244001 PO 00000 Frm 00023 Fmt 4703 Sfmt 4703 E:\FR\FM\20AUN1.SGM 20AUN1


Document Created: 2018-08-18 01:28:33
Document Modified: 2018-08-18 01:28:33
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
ActionOn April 17, 2018, the agencies published a joint notice in the Federal Register (83 FR 16857) requesting public comment for 60 days on the extension, without revision, of the Recordkeeping Requirements Associated with Regulation GG (Prohibition on Funding of Unlawful Internet Gambling). The comment period for this notice expired on June 18, 2018. The agencies did not receive any comments. The information collection will be extended as proposed and the agencies are publishing separate final notices.
ContactFederal 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 Citation83 FR 42121 
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