Notice of Hiring or Indemnifying Senior Executive Officers or Directors, 80896 [2010-32175]

Download as PDF 80896 Federal Register / Vol. 75, No. 246 / Thursday, December 23, 2010 / Notices above in the SUMMARY, or by contacting the survey staff of the Federal Reserve Bank of New York at (212) 720– 6300, e-mail: SHC.help@ny.frb.org. The mailing address is: Federal Reserve Bank of New York, Statistics Function, 4th Floor, 33 Liberty Street, New York, NY 10045–0001. Inquiries can also be made to Dwight Wolkow at (202) 622– 1276, e-mail: comments2TIC@do.treas.gov. When to Report: Data must be submitted to the Federal Reserve Bank of New York, acting as fiscal agent for the Department of the Treasury, by March 4, 2011. Paperwork Reduction Act Notice: This data collection has been approved by the Office of Management and Budget (OMB) in accordance with the Paperwork Reduction Act and assigned control number 1505–0146. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid control number assigned by OMB. The estimated average annual burden associated with this collection of information is 48 hours per respondent for end-investors and custodians that file Schedule 3 reports covering their securities entrusted to U.S. resident custodians, 145 hours per respondent for large endinvestors filing Schedule 2 reports, and 700 hours per respondent for large custodians of securities filing Schedule 2 reports. Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Department of the Treasury, Attention Administrator, International Portfolio Investment Data Reporting Systems, Room 5422, Washington, DC 20220, and to OMB, Attention Desk Officer for the Department of the Treasury, Office of Information and Regulatory Affairs, Washington, DC 20503. Dwight Wolkow, Administrator, International Portfolio Investment Data Reporting Systems. [FR Doc. 2010–32188 Filed 12–22–10; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY mstockstill on DSKH9S0YB1PROD with NOTICES Office of Thrift Supervision Notice of Hiring or Indemnifying Senior Executive Officers or Directors Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. AGENCY: VerDate Mar<15>2010 18:06 Dec 22, 2010 Jkt 223001 The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the Department of the Treasury will submit the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. Today, OTS is soliciting public comments on its proposal to extend this information collection. DATES: Submit written comments on or before February 22, 2011. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552; send a facsimile transmission to (202) 906–6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS will post comments and the related index on the OTS Internet site at https://www.ots.treas.gov. In addition, interested persons may inspect comments at the Public Reading Room, 1700 G Street, NW. by appointment. To make an appointment, call (202) 906– 5922, send an e-mail to public.info@ots.treas.gov, or send a facsimile transmission to (202) 906– 7755. SUMMARY: You can request additional information about this proposed information collection from Donald W. Dwyer at (202) 906–6414, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection. Comments should address one or more of the following points: a. Whether the proposed collection of information is necessary for the proper performance of the functions of OTS; b. The accuracy of OTS’s estimate of the burden of the proposed information collection; FOR FURTHER INFORMATION CONTACT: PO 00000 Frm 00111 Fmt 4703 Sfmt 9990 c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of the information collection on respondents, including through the use of information technology. We will summarize the comments that we receive and include them in the OTS request for OMB approval. All comments will become a matter of public record. In this notice, OTS is soliciting comments concerning the following information collection. Title of Proposal: Notice of Hiring or Indemnifying Senior Executive Officers or Directors. OMB Number: 1550–0047. Form Numbers: 1606; 1624. Description: 12 U.S.C. 1831i requires OTS to make a determination as to the hiring or appointment of senior executive officers or directors at savings institutions or thrift holding companies. The OTS’s determination must be based upon an evaluation of the individual’s competence, experience, character, and integrity. The information required by the collection is necessary to make this determination. Without this information, the OTS cannot accomplish the statutory requirement designed to protect the interests of the Deposit Insurance Fund. The OTS has delegated the Regional Director, or his designee, at each Regional Office the authority to approve or deny these requests. They evaluate the individual’s educational and professional experience to determine competence in the proposed position. An evaluation of the individual’s proprietary interests identifies conflicts of interest that may render such person unsuitable for the position. Finally, information such as an individual’s criminal offenses, lawsuits, and related disclosures enable further evaluation of the individual’s integrity and character. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 120. Estimated Frequency of Response: On occasion. Estimated Total Burden: 280 hours. Dated: December 17, 2010. Ira L. Mills, Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift Supervision. [FR Doc. 2010–32175 Filed 12–22–10; 8:45 am] BILLING CODE 6720–01–P E:\FR\FM\23DEN1.SGM 23DEN1

Agencies

[Federal Register Volume 75, Number 246 (Thursday, December 23, 2010)]
[Notices]
[Page 80896]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-32175]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Notice of Hiring or Indemnifying Senior Executive Officers or 
Directors

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before February 22, 2011.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS 
will post comments and the related index on the OTS Internet site at 
https://www.ots.treas.gov. In addition, interested persons may inspect 
comments at the Public Reading Room, 1700 G Street, NW. by appointment. 
To make an appointment, call (202) 906-5922, send an e-mail to 
public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to (202) 
906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Donald W. Dwyer at 
(202) 906-6414, Office of Thrift Supervision, 1700 G Street, NW., 
Washington, DC 20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
the following information collection.
    Title of Proposal: Notice of Hiring or Indemnifying Senior 
Executive Officers or Directors.
    OMB Number: 1550-0047.
    Form Numbers: 1606; 1624.
    Description: 12 U.S.C. 1831i requires OTS to make a determination 
as to the hiring or appointment of senior executive officers or 
directors at savings institutions or thrift holding companies. The 
OTS's determination must be based upon an evaluation of the 
individual's competence, experience, character, and integrity. The 
information required by the collection is necessary to make this 
determination. Without this information, the OTS cannot accomplish the 
statutory requirement designed to protect the interests of the Deposit 
Insurance Fund. The OTS has delegated the Regional Director, or his 
designee, at each Regional Office the authority to approve or deny 
these requests. They evaluate the individual's educational and 
professional experience to determine competence in the proposed 
position. An evaluation of the individual's proprietary interests 
identifies conflicts of interest that may render such person unsuitable 
for the position. Finally, information such as an individual's criminal 
offenses, lawsuits, and related disclosures enable further evaluation 
of the individual's integrity and character.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 120.
    Estimated Frequency of Response: On occasion.
    Estimated Total Burden: 280 hours.

    Dated: December 17, 2010.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2010-32175 Filed 12-22-10; 8:45 am]
BILLING CODE 6720-01-P
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