83_FR_54799 83 FR 54589 - Agency Information Collection Activities: Submission for OMB Review; Comment Request

83 FR 54589 - Agency Information Collection Activities: Submission for OMB Review; Comment Request

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 83, Issue 210 (October 30, 2018)

Page Range54589-54590
FR Document2018-23597

The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collections described below (3064-0121 and 3064-0135). On August 20, 2018, the FDIC requested comment for 60 days on a proposal to renew the information collections described below. No comments were received. The FDIC hereby gives notice of its plan to submit to OMB a request to approve the renewal of these information collections, and again invites comment on these renewals.

Federal Register, Volume 83 Issue 210 (Tuesday, October 30, 2018) 
[Federal Register Volume 83, Number 210 (Tuesday, October 30, 2018)]
[Notices]
[Pages 54589-54590]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-23597]


=======================================================================
-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION

[OMB No. 3064-0121; 3064-0135]


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

SUMMARY: The FDIC, as part of its obligations under the Paperwork 
Reduction Act of 1995 (PRA), invites the general public and other 
Federal agencies to take this opportunity to comment on the renewal of 
the existing information collections described below (3064-0121 and 
3064-0135). On August 20, 2018, the FDIC requested comment for 60 days 
on a proposal to renew the information collections described below. No 
comments were received. The FDIC hereby gives notice of its plan to 
submit to OMB a request to approve the renewal of these information 
collections, and again invites comment on these renewals.

DATES: Comments must be submitted on or before November 29, 2018.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal.
     Email: [email protected]. Include the name and number of 
the collection in the subject line of the message.
     Mail: Manny Cabeza (202-898-3767), Counsel, MB-3007, 
Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, 
DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7 a.m. and 5 p.m.
    All comments should refer to the relevant OMB control number. A 
copy of the comments may also be submitted to the OMB desk officer for 
the FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Manny Cabeza, Counsel, 202-898-3767, 
[email protected], MB-3007, Federal Deposit Insurance Corporation, 550 
17th Street NW, Washington, DC 20429.

SUPPLEMENTARY INFORMATION:  On August 20, 2018, the FDIC requested 
comment for 60 days on a proposal to renew the information collections 
described below. No comments were received. The FDIC hereby gives 
notice of its plan to submit to OMB a request to approve the renewal of 
these collections, and again invites comment on these renewals.
    Proposal to renew the following currently approved collections of 
information:
    1. Title: Certification of Compliance with Mandatory Bars to 
Employment.
    OMB Number: 3064-00121.
    Form Number: 2120/16.
    Affected Public: Individuals seeking employment from the FDIC.
    Burden Estimate:

                                                                Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                      Estimated                                                            Total annual
                                              Type of burden          number of         Estimated time per       Frequency of response      estimated
                                                                     respondents             response                                      burden hours
--------------------------------------------------------------------------------------------------------------------------------------------------------
Form 2120/16..........................  Reporting................             500   10 minutes...............  On Occasion.............              83
--------------------------------------------------------------------------------------------------------------------------------------------------------

    General Description of Collection: There has been no change in the 
method or substance of this information collection. The change in 
estimates annual burden is due to a decrease in estimated number of new 
hires from an annual average of 600 in 2015 to an annual average of 500 
currently. This information collection arises from the reporting 
requirements contained in 12 CFR part 336, subpart B of the FDIC Rules 
and Regulations entitled

[[Page 54590]]

``Minimum Standards of Fitness for Employment with the Federal Deposit 
Insurance Corporation''. This rule implements Section 19 of the 
Resolution Trust Corporation Completion Act (``Completion Act''), 
Public Law 103-204, by (among other things) prescribing a 
certification, with attachments in some cases, relating to job 
applicants' fitness and integrity. More specifically, the statute 
provides that the FDIC shall issue regulations implementing provisions 
that prohibit any person from becoming employed by FDIC, who has been 
convicted of any felony; has been removed from, or prohibited from 
participating in the affairs of, any insured depository institution 
pursuant to any final enforcement action by any appropriate federal 
banking agency; has demonstrated a pattern or practice of defalcation 
regarding obligations to insured depository institutions; or has caused 
a substantial loss to federal deposit insurance funds. This collection 
of information implements these mandatory bars to employment through a 
certification, signed by job applicants prior to an offer of employment 
using form 2120/16.
    2. Title: Purchaser Eligibility Certification.
    OMB Number: 3064-0135.
    Form Number: 7300-06.
    Affected Public: Individuals and entities wishing to purchase 
receivership assets from the FDIC.
    Burden Estimate: There has been no change in the method or 
substance of this information collection. The Subject Matter Experts 
(SMEs) from the FDIC's Division of Resolutions and Receiverships have 
estimated that this information collection will affect 600 respondents 
annually for the next three years. This estimate is unchanged from 
2015. The SMEs reached this estimate by calculating the average number 
of Purchaser Eligibility Certifications (PECs) completed in the past 
three years and rounding up.

------------------------------------------------------------------------
                                                          Number of PECs
                          Year                                  \1\
------------------------------------------------------------------------
2015....................................................             952
2016....................................................             468
2017....................................................             369
                                                         ---------------
    Total...............................................           1,789
------------------------------------------------------------------------
Three-Year Average......................................          596.33
------------------------------------------------------------------------
\1\ SMEs within the FDIC's Division of Resolutions and Receiverships
  (DRR) compiled this information by the contacting the managers that
  handle each asset sales category (structured transactions, cash loan
  sales, other real estate sales, and securities sales).

    The number of PECs completed each year has been declining since 
2009. If this trend were to continue, the number of respondents would 
be expected to continue to decrease from 369 over the next three years, 
which would imply that the estimated number of respondents should be 
lower for this collection compared to the one in 2015. The SMEs have 
acknowledged that 600 respondents may be a conservative estimate, but 
also believe that it is reasonable. This rationale stems from the fact 
that the current rate of bank failures is very low. The SMEs also point 
out that the PECs are collected from prospective purchasers and not 
just the winning bidders. As a result, the annual number of PECs could 
increase if there is an increase in the demand for the assets the FDIC 
sells even if the number of assets for sale decreases in line with the 
current trend of diminishing bank failures.
    The estimated hourly burden for this information collection is 30 
minutes per PEC form. The SMEs have arrived at this estimate through 
their personal observations of individuals completing these forms at 
open-outcry auction events. The table below contains estimates for the 
total estimated reporting burden for this information collection.

                                                                Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                         Estimated        Estimated      Estimated time  Total estimated
                                                            Type of burden               number of       frequency of     per response    annual burden
                                                                                        respondents       responses          (hrs)            (hrs)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Purchaser Eligibility Certification.............  Reporting.........................             600                1             0.50           300.00
--------------------------------------------------------------------------------------------------------------------------------------------------------

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the information collection, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology. All 
comments will become a matter of public record.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018-23597 Filed 10-29-18; 8:45 am]
BILLING CODE 6714-01-P

Federal Register / Vol. 83, No. 210 / Tuesday, October 30, 2018 / Notices 54589 can be viewed online at Changes in the Estimates: There is collections, and again invites comment www.regulations.gov or in person at the decrease in the total estimated on these renewals. EPA Docket Center, WJC West, Room respondent burden compared with the DATES: Comments must be submitted on 3334, 1301 Constitution Ave. NW, ICR currently approved by OMB. This or before November 29, 2018. Washington, DC. The telephone number ICR includes a more accurate estimate of ADDRESSES: Interested parties are for the Docket Center is 202–566–1744. the number of new respondents based invited to submit written comments to For additional information about the on EPA’s recent consultations with the FDIC by any of the following EPA’s public docket, visit: http:// industry trade groups, which indicated methods: www.epa.gov/dockets. that one new facility will start up in the • https://www.FDIC.gov/regulations/ Abstract: The National Emission third year of this information collection, laws/federal. Standards for Hazardous Air Pollutants in addition to the one new respondent • Email: comments@fdic.gov. Include (NESHAP) for Chemical Recovery per year that is an existing facility the name and number of the collection Combustion Sources at Kraft, Soda, constructing new process units. This in the subject line of the message. Sulfite, and Stand-Alone Semichemical ICR also updates the burden associated • Mail: Manny Cabeza (202–898– Pulp Mills apply to new and existing with the October 11, 2017 RTR 3767), Counsel, MB–3007, Federal chemical recovery combustion sources amendments, including removing first- Deposit Insurance Corporation, 550 17th at kraft, soda, sulfite, and stand-alone year costs associated with the Street NW, Washington, DC 20429. semichemical pulp mills, for which the amendments, and accounting for the • Hand Delivery: Comments may be chemical recovery combustion sources remaining one-time burden for facilities hand-delivered to the guard station at emit greater than or equal to 10 tons per that applies through October 2020. the rear of the 17th Street Building year (tpy) of any one hazardous air Courtney Kerwin, (located on F Street), on business days pollutant (HAP) or greater than or equal Director, Regulatory Support Division. between 7 a.m. and 5 p.m. to 25 tpy of any combination of HAPs. [FR Doc. 2018–23648 Filed 10–29–18; 8:45 am] All comments should refer to the In general, all NESHAP standards relevant OMB control number. A copy require initial notifications, BILLING CODE 6560–50–P of the comments may also be submitted performance tests, and periodic reports to the OMB desk officer for the FDIC: by the owners/operators of the affected Office of Information and Regulatory facilities. They are also required to FEDERAL DEPOSIT INSURANCE Affairs, Office of Management and maintain records of any failures to meet CORPORATION Budget, New Executive Office Building, applicable standards, or any period Washington, DC 20503. during which the monitoring system is [OMB No. 3064–0121; 3064–0135] FOR FURTHER INFORMATION CONTACT: inoperative. These notifications, reports, and records are essential in determining Manny Cabeza, Counsel, 202–898–3767, Agency Information Collection mcabeza@fdic.gov, MB–3007, Federal compliance, and are required of all Activities: Submission for OMB affected facilities subject to 40 CFR part Deposit Insurance Corporation, 550 17th Review; Comment Request Street NW, Washington, DC 20429. 63, subpart MM. Form Numbers: None. AGENCY: Federal Deposit Insurance SUPPLEMENTARY INFORMATION: On August Respondents/affected entities: Corporation (FDIC). 20, 2018, the FDIC requested comment Chemical recovery combustion sources ACTION: Notice and request for comment. for 60 days on a proposal to renew the at kraft, soda, sulfite, and stand-alone information collections described semichemical pulp mills. SUMMARY: The FDIC, as part of its below. No comments were received. The Respondent’s obligation to respond: obligations under the Paperwork FDIC hereby gives notice of its plan to Mandatory (40 CFR part 63, subpart Reduction Act of 1995 (PRA), invites the submit to OMB a request to approve the MM). general public and other Federal renewal of these collections, and again Estimated number of respondents: agencies to take this opportunity to invites comment on these renewals. 107 (total). comment on the renewal of the existing Proposal to renew the following Frequency of response: Initially, information collections described below currently approved collections of occasionally, and semiannually. (3064–0121 and 3064–0135). On August information: Total estimated burden: 122,000 20, 2018, the FDIC requested comment 1. Title: Certification of Compliance hours (per year). Burden is defined at 5 for 60 days on a proposal to renew the with Mandatory Bars to Employment. CFR 1320.3(b). information collections described OMB Number: 3064–00121. Total estimated cost: $14,700,000 (per below. No comments were received. The Form Number: 2120/16. year), which includes $831,000 in FDIC hereby gives notice of its plan to Affected Public: Individuals seeking annualized capital/startup and/or submit to OMB a request to approve the employment from the FDIC. operation & maintenance costs. renewal of these information Burden Estimate: SUMMARY OF ANNUAL BURDEN Estimated Total annual Estimated time per Frequency of Type of burden number of estimated response response respondents burden hours khammond on DSK30JT082PROD with NOTICES Form 2120/16 ........................................... Reporting ................ 500 10 minutes .............. On Occasion ........... 83 General Description of Collection: annual burden is due to a decrease in information collection arises from the There has been no change in the method estimated number of new hires from an reporting requirements contained in 12 or substance of this information annual average of 600 in 2015 to an CFR part 336, subpart B of the FDIC collection. The change in estimates annual average of 500 currently. This Rules and Regulations entitled VerDate Sep<11>2014 17:34 Oct 29, 2018 Jkt 247001 PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 E:\FR\FM\30OCN1.SGM 30OCN1

54590 Federal Register / Vol. 83, No. 210 / Tuesday, October 30, 2018 / Notices ‘‘Minimum Standards of Fitness for Affected Public: Individuals and The number of PECs completed each Employment with the Federal Deposit entities wishing to purchase year has been declining since 2009. If Insurance Corporation’’. This rule receivership assets from the FDIC. this trend were to continue, the number implements Section 19 of the Resolution Burden Estimate: There has been no of respondents would be expected to Trust Corporation Completion Act change in the method or substance of continue to decrease from 369 over the (‘‘Completion Act’’), Public Law 103– next three years, which would imply this information collection. The Subject 204, by (among other things) prescribing that the estimated number of Matter Experts (SMEs) from the FDIC’s a certification, with attachments in respondents should be lower for this some cases, relating to job applicants’ Division of Resolutions and collection compared to the one in 2015. fitness and integrity. More specifically, Receiverships have estimated that this The SMEs have acknowledged that 600 the statute provides that the FDIC shall information collection will affect 600 respondents may be a conservative issue regulations implementing respondents annually for the next three estimate, but also believe that it is provisions that prohibit any person from years. This estimate is unchanged from reasonable. This rationale stems from becoming employed by FDIC, who has 2015. The SMEs reached this estimate the fact that the current rate of bank been convicted of any felony; has been by calculating the average number of failures is very low. The SMEs also removed from, or prohibited from Purchaser Eligibility Certifications point out that the PECs are collected participating in the affairs of, any (PECs) completed in the past three years from prospective purchasers and not insured depository institution pursuant and rounding up. just the winning bidders. As a result, the to any final enforcement action by any annual number of PECs could increase appropriate federal banking agency; has Number of if there is an increase in the demand for Year demonstrated a pattern or practice of PECs 1 the assets the FDIC sells even if the defalcation regarding obligations to number of assets for sale decreases in 2015 ...................................... 952 insured depository institutions; or has line with the current trend of 2016 ...................................... 468 caused a substantial loss to federal diminishing bank failures. 2017 ...................................... 369 deposit insurance funds. This collection The estimated hourly burden for this of information implements these Total ............................... 1,789 information collection is 30 minutes per mandatory bars to employment through PEC form. The SMEs have arrived at this a certification, signed by job applicants Three-Year Average ............. 596.33 estimate through their personal prior to an offer of employment using 1 SMEs observations of individuals completing form 2120/16. within the FDIC’s Division of Reso- these forms at open-outcry auction lutions and Receiverships (DRR) compiled this 2. Title: Purchaser Eligibility information by the contacting the managers events. The table below contains Certification. that handle each asset sales category (struc- estimates for the total estimated OMB Number: 3064–0135. tured transactions, cash loan sales, other real reporting burden for this information Form Number: 7300–06. estate sales, and securities sales). collection. SUMMARY OF ANNUAL BURDEN Total Estimated Estimated Estimated time estimated Type of burden number of frequency of per response annual respondents responses (hrs) burden (hrs) Purchaser Eligibility Certification .......................... Reporting ...................... 600 1 0.50 300.00 Request for Comment Federal Deposit Insurance Corporation. banks and nonbanking companies Robert E. Feldman, owned by the bank holding company, Comments are invited on: (a) Whether Executive Secretary. including the companies listed below. the collection of information is [FR Doc. 2018–23597 Filed 10–29–18; 8:45 am] The applications listed below, as well necessary for the proper performance of as other related filings required by the BILLING CODE 6714–01–P the FDIC’s functions, including whether Board, are available for immediate the information has practical utility; (b) inspection at the Federal Reserve Bank the accuracy of the estimates of the indicated. The applications will also be burden of the information collection, FEDERAL RESERVE SYSTEM available for inspection at the offices of including the validity of the the Board of Governors. Interested methodology and assumptions used; (c) Formations of, Acquisitions by, and persons may express their views in ways to enhance the quality, utility, and Mergers of Bank Holding Companies writing on the standards enumerated in clarity of the information to be The companies listed in this notice the BHC Act (12 U.S.C. 1842(c)). If the collected; and (d) ways to minimize the have applied to the Board for approval, proposal also involves the acquisition of burden of the collection of information pursuant to the Bank Holding Company a nonbanking company, the review also on respondents, including through the Act of 1956 (12 U.S.C. 1841 et seq.) includes whether the acquisition of the khammond on DSK30JT082PROD with NOTICES use of automated collection techniques (BHC Act), Regulation Y (12 CFR part nonbanking company complies with the or other forms of information 225), and all other applicable statutes standards in section 4 of the BHC Act technology. All comments will become and regulations to become a bank (12 U.S.C. 1843). Unless otherwise a matter of public record. holding company and/or to acquire the noted, nonbanking activities will be assets or the ownership of, control of, or conducted throughout the United States. the power to vote shares of a bank or Unless otherwise noted, comments bank holding company and all of the regarding each of these applications VerDate Sep<11>2014 17:34 Oct 29, 2018 Jkt 247001 PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 E:\FR\FM\30OCN1.SGM 30OCN1


Document Created: 2018-10-30 00:43:09
Document Modified: 2018-10-30 00:43:09
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
ActionNotice and request for comment.
DatesComments must be submitted on or before November 29, 2018.
ContactManny Cabeza, Counsel, 202-898-3767, [email protected], MB-3007, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429.
FR Citation83 FR 54589 
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR