83_FR_7069 83 FR 7036 - Agency Information Collection Activities: Submission for OMB Review; Comment Request (OMB No. 3064-0177)

83 FR 7036 - Agency Information Collection Activities: Submission for OMB Review; Comment Request (OMB No. 3064-0177)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 83, Issue 33 (February 16, 2018)

Page Range7036-7038
FR Document2018-03198

The FDIC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collection, as required by the Paperwork Reduction Act of 1995. On November 28, 2017, the FDIC requested comment for 60 days on a proposal to renew the information collection described below. One comment was received and was generally supportive of the requirements in the rule but did not address the paperwork burden for this information collection. The FDIC hereby gives notice of its plan to submit to OMB a request to approve the renewal of this collection, and again invites comment on this renewal.

Federal Register, Volume 83 Issue 33 (Friday, February 16, 2018)
[Federal Register Volume 83, Number 33 (Friday, February 16, 2018)]
[Notices]
[Pages 7036-7038]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-03198]


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

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request (OMB No. 3064-0177)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on the renewal of the 
existing information collection, as required by the Paperwork Reduction 
Act of 1995. On November 28, 2017, the FDIC requested comment for 60 
days on a proposal to renew the information collection described below. 
One comment was received and was generally supportive of the 
requirements in the rule but did not address the paperwork burden for 
this information collection. The FDIC hereby gives notice of its plan 
to submit to OMB a request to approve the renewal of this collection, 
and again invites comment on this renewal.

DATES: Comments must be submitted on or before March 19, 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: 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, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION: On November 28, 2017, the FDIC requested 
comment for 60 days on a proposal to renew the information collection 
described below. One comment was received and was generally supportive 
of the requirements in the rule but did not address the paperwork 
burden for this information collection. The FDIC hereby gives notice of 
its plan to submit to OMB a request to approve the renewal of this 
collection, and again invites comment on this renewal.

[[Page 7037]]

Proposal To Renew the Following Currently Approved Collections of 
Information

    1. Title: Conservator or Receiver of Financial Assets Transferred 
by an Insured Depository Institution in Connection With a 
Securitization or Participation After September 30, 2010.
    OMB Number: 3064-0177.
    Form Number: None.
    Affected Public: Insured Depository Institutions.
    Burden Estimate:

                                                                Summary of Annual Burden
                                                                       [3064-0177]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                              Estimated
                                                                              number of                                                         Total
                                                                Estimated     responses     Estimated    Estimated                              annual
                                         Type of burden         number of      (average      time per    frequency    Frequency of response   estimated
                                                               respondents    number of      response                                           burden
                                                                            transactions)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Disclosures:
    360.6(b)(2)(i)(A), (D)
     Ongoing.
        Private Transactions Non   Disclosure................           19         1.895            37         12.0  Monthly...............       15,984
         Reg AB Compliant.
    360.6(b)(2)(i)(D)............  Disclosure................           35         1.971             3          1.0  On Occasion...........          207
    360.6(b)(2)(ii)(B) Initial/    Disclosure................            1         6.000             1          1.0  On Occasion...........            6
     One-Time.
    360.6(b)(2)(ii)(C )..........  Disclosure................            1         6.000             1          1.0  On Occasion...........            6
                                                              ------------------------------------------------------------------------------------------
            Total Disclosure       ..........................  ...........  .............  ...........  ...........  ......................       16,203
             Burden.
Recordkeeping:
    360.6(c)(7)..................  Recordkeeping.............           35         1.971             1          1.0  On Occasion...........           69
                                                              ------------------------------------------------------------------------------------------
        Total Recordkeeping        ..........................  ...........  .............  ...........  ...........  ......................           69
         Burden.
                                                              ------------------------------------------------------------------------------------------
            Total Burden.........  ..........................  ...........  .............  ...........  ...........  ......................       16,272
--------------------------------------------------------------------------------------------------------------------------------------------------------


                                                            Summary of Capital/Start-Up Costs
                                                                       [3064-0177]
--------------------------------------------------------------------------------------------------------------------------------------------------------
 360.6(b)(2)(i)(A), (B)--Initial/One-
 Time-- Capital/Start-Up Costs--# of
   sponsors that have never done a                                      Estimated    Estimated                                             Total cost of
 registered transaction in particular                                   number of    hours per   Total start                                  annual
asset class since November 23, 2016--                                  respondents   respondent    up hours          Cost per hour           estimated
  effective date for compliance with                                    (sponsors)   [(a + b) *                                               burden
   new Reg AB--and prior to doing a                                                      c]                                                 (internal)
         private transaction
--------------------------------------------------------------------------------------------------------------------------------------------------------
Private Transactions--Auto...........  Disclosure....................            1        2,760        2,760  $133......................        $367,529
Private Transactions--CMBS...........  Disclosure....................           17        3,040       51,680  $133......................      $6,881,838
Private Transactions--RMBS*..........  Disclosure....................            1        5,400        5,400  $133......................        $719,078
                                                                      ----------------------------------------------------------------------------------
    Total............................  ..............................  ...........  ...........  ...........  ..........................      $7,968,444
--------------------------------------------------------------------------------------------------------------------------------------------------------
(a) Existing systems and procedures for each required data point for all three asset classes = 10...........  # of sponsors.............              19
--------------------------------------------------------------------------------------------------------------------------------------------------------
(b) The number of hours required to adjust systems to provide asset level data in XML format for each         cost/sponsor..............     $419,391.79
 required data point = 10.
--------------------------------------------------------------------------------------------------------------------------------------------------------
(c) Estimated number of data points (per SEC Reg AB Rule PRA) = for auto 138, for CMBS 152, for RMBS 270....  ..........................  ..............
--------------------------------------------------------------------------------------------------------------------------------------------------------
* For RMBS transactions, the sponsors will also incur an external cost in connection with securing a third-party due diligence report on compliance with
  360.6(b)(2)(ii)(B). This cost is estimated to be $500,000 per transaction.

    General Description of Collection: Part 360.6 of the FDIC's 
regulations sets forth certain conditions that must be satisfied for a 
securitization transaction sponsored by an insured depository 
institution to be eligible for special treatment in the event that the 
FDIC is appointed receiver for the sponsor. Among other conditions, the 
securitization documents must require compliance with certain 
disclosure requirements (including the requirements of Regulation AB of 
the Securities and Exchange Commission). Conditions of eligibility for 
special treatment for participations in financial assets under Part 
360.6 are also set forth.
    There is no change to the FDIC's Part 360.6 affecting this 
information collection. The change in hourly burden and initial start-
up costs are mostly attributed to the SEC's changes to Regulation AB in 
its September 24, 2014 final rule.

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.


[[Page 7038]]


    Dated at Washington, DC, this 12th day of February 2018.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018-03198 Filed 2-15-18; 8:45 am]
BILLING CODE 6714-01-P



                                               7036                          Federal Register / Vol. 83, No. 33 / Friday, February 16, 2018 / Notices

                                               with the comments, and submit an                          Dated: February 7, 2018.                            SUMMARY:    The FDIC, as part of its
                                               unbound original and three copies.                      Tina Bahadori,                                        continuing effort to reduce paperwork
                                                  Instructions: Direct your comments to                Director, National Center for Environmental           and respondent burden, invites the
                                               docket number EPA–HQ–ORD–2017–
                                                                                                       Assessment.                                           general public and other Federal
                                               0747 for uranium. Please ensure that                    [FR Doc. 2018–03195 Filed 2–15–18; 8:45 am]           agencies to take this opportunity to
                                                                                                       BILLING CODE 6560–50–P                                comment on the renewal of the existing
                                               your comments are submitted within
                                                                                                                                                             information collection, as required by
                                               the specified comment period.
                                                                                                                                                             the Paperwork Reduction Act of 1995.
                                               Comments received after the closing                     ENVIRONMENTAL PROTECTION                              On November 28, 2017, the FDIC
                                               date will be marked ‘‘late,’’ and may                   AGENCY                                                requested comment for 60 days on a
                                               only be considered if time permits. It is                                                                     proposal to renew the information
                                               EPA’s policy to include all comments it                 [ER–FRL–9037–6]
                                                                                                                                                             collection described below. One
                                               receives in the public docket without                   Environmental Impact Statements;                      comment was received and was
                                               change and to make the comments                         Notice of Availability                                generally supportive of the requirements
                                               available online at www.regulations.gov,                                                                      in the rule but did not address the
                                               including any personal information                        Responsible Agency: Office of Federal               paperwork burden for this information
                                               provided, unless a comment includes                     Activities, General Information (202)                 collection. The FDIC hereby gives notice
                                               information claimed to be Confidential                  564–7156 or http://www2.epa.gov/nepa.                 of its plan to submit to OMB a request
                                               Business Information (CBI) or other                     Weekly receipt of Environmental Impact                to approve the renewal of this
                                               information for which disclosure is                       Statements                                          collection, and again invites comment
                                               restricted by statute. Do not submit                    Filed 02/05/2018 Through 02/09/2018                   on this renewal.
                                                                                                       Pursuant to 40 CFR 1506.9.
                                               information through                                                                                           DATES: Comments must be submitted on
                                               www.regulations.gov or email that you                   Notice                                                or before March 19, 2018.
                                               consider to be CBI or otherwise                           Section 309(a) of the Clean Air Act
                                               protected. The www.regulations.gov                                                                            ADDRESSES:    Interested parties are
                                                                                                       requires that EPA make public its
                                               website is an ‘‘anonymous access’’                                                                            invited to submit written comments to
                                                                                                       comments on EISs issued by other
                                               system, which means EPA will not                                                                              the FDIC by any of the following
                                                                                                       Federal agencies. EPA’s comment letters
                                               know your identity or contact                           on EISs are available at: http://                     methods:
                                               information unless you provide it in the                cdxnodengn.epa.gov/cdx-nepa-public/                      • https://www.FDIC.gov/regulations/
                                               body of your comment. If you send an                    action/eis/search.                                    laws/federal.
                                               email comment directly to EPA without                   EIS No. 20180017, Final Supplement,                      • Email: comments@fdic.gov. Include
                                               going through www.regulations.gov,                        FERC, FL, Southeast Market Pipelines                the name and number of the collection
                                               your email address will be                                Project, Review Period Ends: 03/19/                 in the subject line of the message.
                                               automatically captured and included as                    2018, Contact: John Peconom 202–                       • Mail: Jennifer Jones (202–898–
                                               part of the comment that is placed in the                 502–6352.                                           6768), Counsel, MB–3105, Federal
                                               public docket and made available on the                 EIS No. 20180018, Final, USFS, MT,                    Deposit Insurance Corporation, 550 17th
                                               internet. If you submit an electronic                     Tenmile—South Helena Project,                       Street NW, Washington, DC 20429.
                                               comment, EPA recommends that you                          Review Period Ends: 03/19/2018,                        • Hand Delivery: Comments may be
                                               include your name and other contact                       Contact: Allen Byrd 406–495–3903.                   hand-delivered to the guard station at
                                               information in the body of your                         EIS No. 20180019, Draft, USFS, ID, Lolo               the rear of the 17th Street Building
                                               comment and with any disk or CD–ROM                       Insect & Disease Project, Comment                   (located on F Street), on business days
                                               you submit. If EPA cannot read your                       Period Ends: 04/02/2018, Contact:                   between 7:00 a.m. and 5:00 p.m.
                                               comment due to technical difficulties                     Sara Daugherty 208–926–6404.
                                                                                                                                                                All comments should refer to the
                                               and cannot contact you for clarification,               EIS No. 20180020, Draft, FERC, OK,                    relevant OMB control number. A copy
                                               EPA may not be able to consider your                      Midcontinent Supply Header                          of the comments may also be submitted
                                               comment. Electronic files should avoid                    Interstate Pipeline Project, Comment                to the OMB desk officer for the FDIC:
                                               the use of special characters, any form                   Period Ends: 04/02/2018, Contact:                   Office of Information and Regulatory
                                                                                                         Elaine Baum 202–502–6467.                           Affairs, Office of Management and
                                               of encryption, and be free of any defects
                                               or viruses. For additional information                     Dated: February 12, 2018.                          Budget, New Executive Office Building,
                                               about EPA’s public docket visit the EPA                 Kelly Knight,                                         Washington, DC 20503.
                                               Docket Center homepage at                               Director, NEPA Compliance Division, Office
                                                                                                                                                             FOR FURTHER INFORMATION CONTACT:
                                               www.epa.gov/epahome/dockets.htm.                        of Federal Activities.
                                                                                                                                                             Jennifer Jones, at the FDIC address
                                                                                                       [FR Doc. 2018–03182 Filed 2–15–18; 8:45 am]
                                                  Docket: Documents in the docket are                                                                        above.
                                                                                                       BILLING CODE 6560–50–P
                                               listed in the www.regulations.gov index.
                                                                                                                                                             SUPPLEMENTARY INFORMATION:     On
                                               Although listed in the index, some
                                                                                                                                                             November 28, 2017, the FDIC requested
                                               information is not publicly available,
                                                                                                       FEDERAL DEPOSIT INSURANCE                             comment for 60 days on a proposal to
                                               e.g., CBI or other information whose                                                                          renew the information collection
                                                                                                       CORPORATION
                                               disclosure is restricted by statute.                                                                          described below. One comment was
                                               Certain other materials, such as                        Agency Information Collection                         received and was generally supportive
daltland on DSKBBV9HB2PROD with NOTICES




                                               copyrighted material, are publicly                      Activities: Submission for OMB                        of the requirements in the rule but did
                                               available only in hard copy. Publicly                   Review; Comment Request (OMB No.                      not address the paperwork burden for
                                               available docket materials are available                3064–0177)                                            this information collection. The FDIC
                                               either electronically in                                                                                      hereby gives notice of its plan to submit
                                                                                                       AGENCY: Federal Deposit Insurance
                                               www.regulations.gov or in hard copy at                                                                        to OMB a request to approve the
                                                                                                       Corporation (FDIC).
                                               the ORD Docket in the EPA                                                                                     renewal of this collection, and again
                                                                                                       ACTION: Notice and request for comment.
                                               Headquarters Docket Center.                                                                                   invites comment on this renewal.


                                          VerDate Sep<11>2014   19:24 Feb 15, 2018   Jkt 244001   PO 00000   Frm 00029   Fmt 4703   Sfmt 4703   E:\FR\FM\16FEN1.SGM   16FEN1


                                                                                         Federal Register / Vol. 83, No. 33 / Friday, February 16, 2018 / Notices                                                                                                                           7037

                                               Proposal To Renew the Following                                                Insured Depository Institution in                                                          Affected Public: Insured Depository
                                               Currently Approved Collections of                                              Connection With a Securitization or                                                      Institutions.
                                               Information                                                                    Participation After September 30, 2010.                                                    Burden Estimate:
                                                 1. Title: Conservator or Receiver of                                           OMB Number: 3064–0177.
                                               Financial Assets Transferred by an                                               Form Number: None.
                                                                                                                                       SUMMARY OF ANNUAL BURDEN
                                                                                                                                                             [3064–0177]

                                                                                                                                                                                   Estimated
                                                                                                                                                                                   number of
                                                                                                                                                            Estimated              responses               Estimated                                                                   Total annual
                                                                                                                                                                                                                                  Estimated               Frequency of
                                                                                                                           Type of burden                   number of               (average                time per                                                                    estimated
                                                                                                                                                                                                                                  frequency                 response
                                                                                                                                                           respondents             number of               response                                                                      burden
                                                                                                                                                                                      trans-
                                                                                                                                                                                     actions)

                                               Disclosures:
                                                   360.6(b)(2)(i)(A), (D) Ongoing.
                                                        Private Transactions Non Reg AB Com-                           Disclosure ...............                          19                1.895                       37                   12.0      Monthly ..............               15,984
                                                          pliant.
                                                   360.6(b)(2)(i)(D) .............................................     Disclosure ...............                          35               1.971                          3                   1.0      On Occasion .....                        207
                                                   360.6(b)(2)(ii)(B) Initial/One-Time .................               Disclosure ...............                           1               6.000                          1                   1.0      On Occasion .....                          6
                                                   360.6(b)(2)(ii)(C ) ...........................................     Disclosure ...............                           1               6.000                          1                   1.0      On Occasion .....                          6

                                                           Total Disclosure Burden .................                   .................................   ....................   ....................    ....................   ....................   ...........................          16,203
                                               Recordkeeping:
                                                  360.6(c)(7) .....................................................    Recordkeeping .......                               35               1.971                           1                  1.0      On Occasion .....                          69

                                                           Total Recordkeeping Burden .................                .................................   ....................   ....................    ....................   ....................   ...........................                69

                                                                 Total Burden ...................................      .................................   ....................   ....................    ....................   ....................   ...........................          16,272


                                                                                                                             SUMMARY OF CAPITAL/START-UP COSTS
                                                                                                                                                             [3064–0177]

                                                  360.6(b)(2)(i)(A), (B)—Initial/One-Time—
                                                Capital/Start-Up Costs—# of sponsors that                                                                                                                                                                                             Total cost
                                                                                                                                                                 Estimated                   Estimated
                                                have never done a registered transaction in                                                                                                                                                                                           of annual
                                                                                                                                                                 number of                   hours per                  Total start
                                                 particular asset class since November 23,                                                                                                                                                        Cost per hour                       estimated
                                                                                                                                                                respondents                 respondent                  up hours
                                               2016—effective date for compliance with new                                                                                                                                                                                             burden
                                                                                                                                                                 (sponsors)                 [(a + b) * c]
                                                   Reg AB—and prior to doing a private                                                                                                                                                                                                (internal)
                                                                  transaction

                                               Private Transactions—Auto ............................                       Disclosure ...........                                 1                     2,760                    2,760         $133 ...............                     $367,529
                                               Private Transactions—CMBS .........................                          Disclosure ...........                                17                     3,040                   51,680         $133 ...............                   $6,881,838
                                               Private Transactions—RMBS* ........................                          Disclosure ...........                                 1                     5,400                    5,400         $133 ...............                     $719,078

                                                      Total .........................................................        ............................       ....................       ....................       ....................       ........................              $7,968,444

                                               (a) Existing systems and procedures for each required data point for all three asset classes = 10 .....................                                                                          # of sponsors                                      19

                                               (b) The number of hours required to adjust systems to provide asset level data in XML format for each re-                                                                                        cost/sponsor ..                       $419,391.79
                                                 quired data point = 10.

                                               (c) Estimated number of data points (per SEC Reg AB Rule PRA) = for auto 138, for CMBS 152, for RMBS                                                                                              ........................      ........................
                                                  270.
                                                 * For RMBS transactions, the sponsors will also incur an external cost in connection with securing a third-party due diligence report on compli-
                                               ance with 360.6(b)(2)(ii)(B). This cost is estimated to be $500,000 per transaction.


                                                  General Description of Collection: Part                                     treatment for participations in financial                                                the information has practical utility; (b)
                                               360.6 of the FDIC’s regulations sets forth                                     assets under Part 360.6 are also set forth.                                              the accuracy of the estimates of the
                                               certain conditions that must be satisfied                                         There is no change to the FDIC’s Part                                                 burden of the information collection,
                                               for a securitization transaction                                               360.6 affecting this information                                                         including the validity of the
                                               sponsored by an insured depository                                             collection. The change in hourly burden                                                  methodology and assumptions used; (c)
                                               institution to be eligible for special                                         and initial start-up costs are mostly                                                    ways to enhance the quality, utility, and
                                               treatment in the event that the FDIC is                                        attributed to the SEC’s changes to                                                       clarity of the information to be
                                               appointed receiver for the sponsor.                                            Regulation AB in its September 24, 2014                                                  collected; and (d) ways to minimize the
daltland on DSKBBV9HB2PROD with NOTICES




                                               Among other conditions, the                                                    final rule.                                                                              burden of the collection of information
                                               securitization documents must require
                                                                                                                              Request for Comment                                                                      on respondents, including through the
                                               compliance with certain disclosure
                                                                                                                                                                                                                       use of automated collection techniques
                                               requirements (including the                                                      Comments are invited on: (a) Whether
                                               requirements of Regulation AB of the                                           the collection of information is                                                         or other forms of information
                                               Securities and Exchange Commission).                                           necessary for the proper performance of                                                  technology. All comments will become
                                               Conditions of eligibility for special                                          the FDIC’s functions, including whether                                                  a matter of public record.



                                          VerDate Sep<11>2014          21:07 Feb 15, 2018          Jkt 244001         PO 00000         Frm 00030           Fmt 4703        Sfmt 4703         E:\FR\FM\16FEN1.SGM                   16FEN1


                                               7038                          Federal Register / Vol. 83, No. 33 / Friday, February 16, 2018 / Notices

                                                 Dated at Washington, DC, this 12th day of             725 17th Street NW, Washington, DC                       e. Estimates of capital or startup costs
                                               February 2018.                                          20503 or by fax to (202) 395–6974.                    and costs of operation, maintenance,
                                               Federal Deposit Insurance Corporation.                  FOR FURTHER INFORMATION CONTACT: A                    and purchase of services to provide
                                               Robert E. Feldman,                                      copy of the PRA OMB submission,                       information.
                                               Executive Secretary.                                    including the proposed reporting form                    At the end of the comment period, the
                                               [FR Doc. 2018–03198 Filed 2–15–18; 8:45 am]             and instructions, supporting statement,               comments and recommendations
                                               BILLING CODE 6714–01–P                                  and other documentation will be placed                received will be analyzed to determine
                                                                                                       into OMB’s public docket files, if                    the extent to which the Federal Reserve
                                                                                                       approved. These documents will also be                should modify the proposal.
                                                                                                       made available on the Federal Reserve                    Proposal to approve under OMB
                                               FEDERAL RESERVE SYSTEM
                                                                                                       Board’s public website at: http://                    delegated authority the extension for
                                               Proposed Agency Information                             www.federalreserve.gov/apps/                          three years, without revision, of the
                                               Collection Activities; Comment                          reportforms/review.aspx or may be                     following report:
                                               Request                                                 requested from the agency clearance                      Report title: Policy Impact Survey.
                                                                                                       officer, whose name appears below.                       Agency form number: FR 3075.
                                               AGENCY: Board of Governors of the                         Federal Reserve Board Clearance                        OMB control number: 7100–0362.
                                               Federal Reserve System.                                 Officer—Nuha Elmaghrabi—Office of                        Frequency: On occasion, up to five
                                               ACTION: Notice, request for comment.                    the Chief Data Officer, Board of                      times a year.
                                                                                                       Governors of the Federal Reserve                         Respondents: Bank holding
                                               SUMMARY:   The Board of Governors of the                System, Washington, DC 20551, (202)                   companies (BHCs), savings and loan
                                               Federal Reserve System (Board) invites                  452–3829. Telecommunications Device                   holding companies (SLHCs), nonbank
                                               comment on a proposal to extend for                     for the Deaf (TDD) users may contact                  financial companies that the Financial
                                               three years, without revision, the                      (202) 263–4869, Board of Governors of                 Stability Oversight Council has
                                               voluntary Policy Impact Survey (FR                      the Federal Reserve System,                           determined should be supervised by the
                                               3075 OMB No. 7100–00362).                               Washington, DC 20551.                                 Board, and the combined domestic
                                               DATES: Comments must be submitted on                    SUPPLEMENTARY INFORMATION: On June                    operations of foreign banking
                                               or before April 17, 2018.                               15, 1984, the Office of Management and                organizations.
                                               ADDRESSES: You may submit comments,                     Budget (OMB) delegated to the Board                      Estimated number of respondents: 14.
                                               identified by FR 3075 by any of the                     authority under the Paperwork                            Estimated average hours per response:
                                               following methods:                                      Reduction Act (PRA) to approve and                    850.
                                                 • Agency website: http://                             assign OMB control numbers to                            Estimated annual burden hours:
                                               www.federalreserve.gov. Follow the                      collection of information requests and                59,500.
                                               instructions for submitting comments at                 requirements conducted or sponsored                      General description of report: This
                                               http://www.federalreserve.gov/apps/                     by the Board. In exercising this                      survey collects information from select
                                               foia/proposedregs.aspx.                                 delegated authority, the Board is                     institutions regulated by the Board in
                                                 • Federal eRulemaking Portal: http://                 directed to take every reasonable step to             order to assess the effects of proposed,
                                               www.regulations.gov. Follow the                         solicit comment. In determining                       pending, or recently-adopted policy
                                               instructions for submitting comments.                   whether to approve a collection of                    changes at the domestic and
                                                 • Email: regs.comments@                               information, the Board will consider all              international levels. For example, the
                                               federalreserve.gov. Include OMB                         comments received from the public and                 survey has been used to collect
                                               number in the subject line of the                       other agencies.                                       information used for certain quantitative
                                               message.                                                                                                      impact studies (QISs) sponsored by
                                                 • Fax: (202) 452–3819 or (202) 452–                   Request for Comment on Information                    bodies that the Board is a member of,
                                               3102.                                                   Collection Proposal                                   such as the Basel Committee on Banking
                                                 • Mail: Ann E. Misback, Secretary,                      The Board invites public comment on                 Supervision (BCBS) and the Financial
                                               Board of Governors of the Federal                       the following information collection,                 Stability Board (FSB). Recent collections
                                               Reserve System, 20th Street and                         which is being reviewed under                         have included the Basel III monitoring
                                               Constitution Avenue NW, Washington,                     authority delegated by the OMB under                  exercise, which monitors the global
                                               DC 20551.                                               the PRA. Comments are invited on the                  impact of the Basel III framework,1 the
                                                  All public comments are available                    following:                                            global systemically important bank (G–
                                               from the Board’s website at http://                       a. Whether the proposed collection of               SIB) exercise, which assesses firms’
                                               www.federalreserve.gov/apps/foia/                       information is necessary for the proper               systemic risk profiles,2 and a survey of
                                               proposedregs.aspx as submitted, unless                  performance of the Federal Reserve’s                  the domestic systemic risk footprint of
                                               modified for technical reasons.                         functions; including whether the                      large foreign banking organizations. The
                                               Accordingly, your comments will not be                  information has practical utility;                    surveys have helped the Board assess
                                               edited to remove any identifying or                       b. The accuracy of the Federal                      changes in regulation related to
                                               contact information. Public comments                    Reserve’s estimate of the burden of the               systemic footprint, insurance
                                               may also be viewed electronically or in                 proposed information collection,                      underwriting, trading book
                                               paper form in Room 3515, 1801 K Street                  including the validity of the                         securitization, among other areas. Since
                                               (between 18th and 19th Streets NW)                      methodology and assumptions used;                     the collected data may change from
                                               Washington, DC 20006 between 9:00                         c. Ways to enhance the quality,                     survey to survey, there is no fixed
daltland on DSKBBV9HB2PROD with NOTICES




                                               a.m. and 5:00 p.m. on weekdays.                         utility, and clarity of the information to            reporting form.
                                                  Additionally, commenters may send a                  be collected;
                                               copy of their comments to the OMB                         d. Ways to minimize the burden of                     1 For more information on the Basel III

                                               Desk Officer—Shagufta Ahmed—Office                      information collection on respondents,                monitoring exercise, including recent examples of
                                                                                                                                                             QIS surveys sponsored by the BCBS and conducted
                                               of Information and Regulatory Affairs,                  including through the use of automated                by the Board, see www.bis.org/bcbs/qis/.
                                               Office of Management and Budget, New                    collection techniques or other forms of                 2 For more information on the G–SIB exercise, see

                                               Executive Office Building, Room 10235,                  information technology; and                           www.bis.org/bcbs/gsib/.



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Document Created: 2018-02-16 00:55:16
Document Modified: 2018-02-16 00:55:16
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 March 19, 2018.
FR Citation83 FR 7036 

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