83_FR_61090 83 FR 60862 - Agency Information Collection Activities: Proposed Collection Renewal; Comment Request (OMB No. 3064-0161)

83 FR 60862 - Agency Information Collection Activities: Proposed Collection Renewal; Comment Request (OMB No. 3064-0161)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 83, Issue 228 (November 27, 2018)

Page Range60862-60863
FR Document2018-25762

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 collection described below (3064-0161).

Federal Register, Volume 83 Issue 228 (Tuesday, November 27, 2018) 
[Federal Register Volume 83, Number 228 (Tuesday, November 27, 2018)]
[Notices]
[Pages 60862-60863]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-25762]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewal; Comment Request (OMB No. 3064-0161)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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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 collection described below (3064-0161).

DATES: Comments must be submitted on or before January 28, 2019.

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: Jennifer Jones (202-898-6768), Counsel, MB-3105, 
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 7:00 a.m. and 5:00 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: Jennifer Jones, Counsel, 202-898-6768, 
[email protected], MB-3105, Federal Deposit Insurance Corporation, 550 
17th Street NW, Washington, DC 20429.

SUPPLEMENTARY INFORMATION: 
    Proposal to renew the following currently approved collection of 
information:
    1. Title: Furnisher Information Accuracy and Integrity (FACTA 312).
    OMB Number: 3064-0161.
    Form Number: None.
    Affected Public: State nonmember banks.
    Burden Estimate:

                                                                Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                       Estimated       Estimated                                           Total annual
                                 Type of burden     Obligation to      number of     frequency of     Estimated time      Frequency of       estimated
                                                       respond        respondents      responses       per response         response      burden (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Procedures to Enhance the      Reporting........  Mandatory.......           3,533               1  40 hours.........  Annually.........         141,320
 Accuracy and Integrity of
 Information furnished to
 Consumer Reporting Agencies
 Under Section 312 of the
 Fair and Accurate Credit
 Transaction Act.
Distribution of Notices in     Third-Party        Mandatory.......           3,533               1  14 minutes.......  On Occasion......          16,487
 Response to Direct Disputes.   Disclosure.
                              --------------------------------------------------------------------------------------------------------------------------
    Total Hourly Burden......  .................  ................  ..............  ..............  .................  .................         157,807
--------------------------------------------------------------------------------------------------------------------------------------------------------

    General Description of Collection:
    Sec. 312 of the Fair and Accurate Credit Transaction Act of 2003 
(FACT Act) requires the FDIC to: Issue guidelines for furnishers 
regarding the accuracy and integrity of the information about consumers 
furnished to consumer reporting agencies; prescribe regulations 
requiring furnishers to establish reasonable policies/procedures to 
implement the guidelines; and issue regulations identifying the 
circumstances where a furnisher must reinvestigate a dispute about the 
accuracy of information in a consumer report based on a direct request 
from a consumer.
    There is no change in the method or substance of the collection. 
The overall reduction in burden hours is the result of economic 
fluctuation. In particular, the number of respondents has decreased 
while the hours per response and frequency of responses have remained 
the same.

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

[[Page 60863]]

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.

    Dated at Washington, DC, on November 21, 2018. Federal Deposit 
Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018-25762 Filed 11-26-18; 8:45 am]
 BILLING CODE 6714-01-P

60862 Federal Register / Vol. 83, No. 228 / Tuesday, November 27, 2018 / Notices Annual Cost Burden: No cost. FEDERAL DEPOSIT INSURANCE Deposit Insurance Corporation, 550 17th Privacy Act Impact Assessment: No CORPORATION Street NW, Washington, DC 20429. impact(s). • Hand Delivery: Comments may be Nature and Extent of Confidentiality: Agency Information Collection hand-delivered to the guard station at There is no need for confidentiality with Activities: Proposed Collection the rear of the 17th Street Building this collection of information. Renewal; Comment Request (OMB No. (located on F Street), on business days Needs and Uses: The information 3064–0161) between 7:00 a.m. and 5:00 p.m. collection requirements contained in Section 87.109 of the Commission’s AGENCY: Federal Deposit Insurance All comments should refer to the rules require that a station at a fixed Corporation (FDIC). relevant OMB control number. A copy location in the international ACTION: Notice and request for comment. of the comments may also be submitted aeronautical mobile service (IAMS) to the OMB desk officer for the FDIC: must maintain a log (written or SUMMARY: The FDIC, as part of its Office of Information and Regulatory automatic log) in accordance with the obligations under the Paperwork Affairs, Office of Management and Annex 10 provisions of the International Reduction Act of 1995 (PRA), invites the Budget, New Executive Office Building, Civil Aviation Organization (ICAO) general public and other Federal Washington, DC 20503. Convention. This log is necessary to agencies to take this opportunity to FOR FURTHER INFORMATION CONTACT: document the quality of service comment on the renewal of the existing Jennifer Jones, Counsel, 202–898–6768, provided by fixed stations, including information collection described below jennjones@fdic.gov, MB–3105, Federal the harmful interference, equipment (3064–0161). Deposit Insurance Corporation, 550 17th failure, and logging of distress and DATES: Comments must be submitted on Street NW, Washington, DC 20429. safety calls where applicable. This or before January 28, 2019. SUPPLEMENTARY INFORMATION: information is used by the Commission ADDRESSES: Interested parties are to ensure that particular stations are Proposal to renew the following invited to submit written comments to currently approved collection of licensed and operated in compliance the FDIC by any of the following with applicable rules, statutes, and information: methods: 1. Title: Furnisher Information treaties. • https://www.FDIC.gov/regulations/ Accuracy and Integrity (FACTA 312). Federal Communications Commission. laws/federal. OMB Number: 3064–0161. Katura Jackson, • Email: comments@fdic.gov. Include Federal Register Liaison Officer, Office of the the name and number of the collection Form Number: None. Secretary. in the subject line of the message. Affected Public: State nonmember [FR Doc. 2018–25796 Filed 11–26–18; 8:45 am] • Mail: Jennifer Jones (202–898– banks. BILLING CODE 6712–01–P 6768), Counsel, MB–3105, Federal Burden Estimate: SUMMARY OF ANNUAL BURDEN Total annual Estimated Estimated Estimated Type of Obligation to Frequency of estimated number of frequency of time per burden respond response burden respondents responses response (hours) Procedures to Enhance the Reporting ..... Mandatory .... 3,533 1 40 hours ....... Annually ....... 141,320 Accuracy and Integrity of Information furnished to Consumer Reporting Agencies Under Section 312 of the Fair and Accu- rate Credit Transaction Act. Distribution of Notices in Third-Party Mandatory .... 3,533 1 14 minutes ... On Occasion 16,487 Response to Direct Dis- Disclosure. putes. Total Hourly Burden .... ...................... ...................... ........................ ........................ ...................... ...................... 157,807 General Description of Collection: about the accuracy of information in a Request for Comment Sec. 312 of the Fair and Accurate consumer report based on a direct Credit Transaction Act of 2003 (FACT request from a consumer. Comments are invited on: (a) Whether Act) requires the FDIC to: Issue the collection of information is There is no change in the method or necessary for the proper performance of guidelines for furnishers regarding the substance of the collection. The overall the FDIC’s functions, including whether accuracy and integrity of the reduction in burden hours is the result the information has practical utility; (b) information about consumers furnished amozie on DSK3GDR082PROD with NOTICES1 of economic fluctuation. In particular, the accuracy of the estimates of the to consumer reporting agencies; prescribe regulations requiring the number of respondents has burden of the information collection, furnishers to establish reasonable decreased while the hours per response including the validity of the policies/procedures to implement the and frequency of responses have methodology and assumptions used; (c) guidelines; and issue regulations remained the same. ways to enhance the quality, utility, and identifying the circumstances where a clarity of the information to be furnisher must reinvestigate a dispute collected; and (d) ways to minimize the VerDate Sep<11>2014 17:45 Nov 26, 2018 Jkt 247001 PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 E:\FR\FM\27NON1.SGM 27NON1

Federal Register / Vol. 83, No. 228 / Tuesday, November 27, 2018 / Notices 60863 burden of the collection of information acquire voting shares of Access National FOR FURTHER INFORMATION CONTACT: on respondents, including through the Bank, both of Reston, Virginia. Requests for additional information or use of automated collection techniques B. Federal Reserve Bank of Chicago copies of the proposed information or other forms of information (Colette A. Fried, Assistant Vice requirements should be addressed to technology. All comments will become President) 230 South LaSalle Street, Ryan Mehm, Attorney, Bureau of a matter of public record. Chicago, Illinois 60690–1414: Consumer Protection, (202) 326–2918, Dated at Washington, DC, on November 21, 1. Blackhawk Bancorp, Inc., Beloit, Federal Trade Commission, 600 2018. Federal Deposit Insurance Corporation. Wisconsin; to acquire 100 percent of the Pennsylvania Ave. NW, Washington, DC Robert E. Feldman, voting shares First McHenry 20580. Corporation and thereby indirectly SUPPLEMENTARY INFORMATION: Executive Secretary. acquire voting shares of The First Title: Regulation V, Subpart N (12 [FR Doc. 2018–25762 Filed 11–26–18; 8:45 am] National Bank of McHenry, both of CFR 1022.130–1022.138). BILLING CODE 6714–01–P OMB Control Number: 3084–0128. McHenry, Illinois. Board of Governors of the Federal Reserve Type of Review: Extension of a System, November 21, 2018. currently approved collection. Abstract: The FTC shares enforcement FEDERAL RESERVE SYSTEM Yao-Chin Chao, authority with the CFPB for subpart N Assistant Secretary of the Board. of Regulation V. Subpart N requires Formations of, Acquisitions by, and [FR Doc. 2018–25816 Filed 11–26–18; 8:45 am] nationwide consumer reporting agencies Mergers of Bank Holding Companies BILLING CODE P and nationwide consumer specialty The companies listed in this notice reporting agencies to provide to have applied to the Board for approval, consumers, upon request, one free file pursuant to the Bank Holding Company FEDERAL TRADE COMMISSION disclosure within any 12-month period. Act of 1956 (12 U.S.C. 1841 et seq.) Generally, it requires the nationwide Agency Information Collection consumer reporting agencies, as defined (BHC Act), Regulation Y (12 CFR part Activities; Submission for OMB in Section 603(p) of the Fair Credit 225), and all other applicable statutes Review; Comment Request Reporting Act (‘‘FCRA’’), 15 U.S.C. and regulations to become a bank holding company and/or to acquire the AGENCY: Federal Trade Commission 1681a(p), to create and operate a assets or the ownership of, control of, or (FTC). centralized source that provides the power to vote shares of a bank or consumers with the ability to request ACTION: Notice and request for comment. their free annual file disclosures from bank holding company and all of the banks and nonbanking companies SUMMARY: In compliance with the each of the nationwide consumer owned by the bank holding company, Paperwork Reduction Act (PRA) of reporting agencies through a centralized including the companies listed below. 1995, the FTC is seeking public internet website, toll-free telephone The applications listed below, as well comments on its request to OMB to number, and postal address. Subpart N as other related filings required by the extend for three years the current PRA also requires the nationwide consumer Board, are available for immediate clearances for information collection reporting agencies to establish a requirements contained in the agency’s standardized form for internet and mail inspection at the Federal Reserve Bank shared enforcement with the Consumer requests for annual file disclosures, and indicated. The applications will also be Financial Protection Bureau (‘‘CFPB’’) of provides a model standardized form that available for inspection at the offices of subpart N of the CFPB’s Regulation V may be used to comply with that the Board of Governors. Interested (‘‘Rule’’). That clearance expires on requirement. It additionally requires persons may express their views in November 30, 2018. nationwide specialty consumer writing on the standards enumerated in reporting agencies, as defined in Section the BHC Act (12 U.S.C. 1842(c)). If the DATES: Comments must be received by 603(w) of the FCRA, 15 U.S.C. 1681a(w), proposal also involves the acquisition of December 27, 2018. to establish a streamlined process for a nonbanking company, the review also ADDRESSES: Interested parties may file a consumers to request annual file includes whether the acquisition of the comment online or on paper by disclosures. This streamlined process nonbanking company complies with the following the instructions in the must include a toll-free telephone standards in section 4 of the BHC Act Request for Comments part of the number for consumers to make such (12 U.S.C. 1843). Unless otherwise SUPPLEMENTARY INFORMATION section requests. noted, nonbanking activities will be below. Write ‘‘Paperwork Reduction On August 27, 2018, the FTC sought conducted throughout the United States. Act: FTC File No. P072108’’ on your public comment on the information Unless otherwise noted, comments comment, and file your comment online collection requirements associated with regarding each of these applications at https://ftcpublic.commentworks.com/ subpart N (83 FR 43683). No relevant must be received at the Reserve Bank ftc/regulationVsubpartNpra2 by public comments were received. Since indicated or the offices of the Board of following the instructions on the web- the FTC sought public comment on Governors not later than December 21, based form. If you prefer to file your August 27, 2018, the Consumer Data 2018. comment on paper, mail your comment Industry Association provided an A. Federal Reserve Bank of Richmond to the following address: Federal Trade updated estimate regarding the number (Adam M. Drimer, Assistant Vice Commission, Office of the Secretary, of free annual file disclosures requested President) 701 East Byrd Street, 600 Pennsylvania Avenue NW, Suite by consumers through the centralized amozie on DSK3GDR082PROD with NOTICES1 Richmond, Virginia 23219. Comments CC–5610 (Annex J), Washington, DC internet website required to be can also be sent electronically to or 20580, or deliver your comment to the established by the FACT Act and Comments.applications@rich.frb.org: following address: Federal Trade subpart N. Accordingly, the FTC 1. Union Bankshares Corporation, Commission, Office of the Secretary, updated the PRA burden analysis based Richmond, Virginia; to acquire 100 Constitution Center, 400 7th Street SW, on this data. percent of the voting shares of Access 5th Floor, Suite 5610 (Annex J), Pursuant to the OMB regulations, 5 National Corporation, and indirectly Washington, DC 20024. CFR part 1320, that implement the PRA, VerDate Sep<11>2014 17:45 Nov 26, 2018 Jkt 247001 PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 E:\FR\FM\27NON1.SGM 27NON1


Document Created: 2018-11-27 01:25:04
Document Modified: 2018-11-27 01:25:04
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 January 28, 2019.
ContactJennifer Jones, Counsel, 202-898-6768, [email protected], MB-3105, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429.
FR Citation83 FR 60862 
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