Agency Information Collection Activities: Submission for OMB Review; Joint Comment Request, 72144-72146 [2015-29410]

Agencies

• FEDERAL DEPOSIT INSURANCE CORPORATION
• FEDERAL RESERVE SYSTEM
• Office of the Comptroller of the Currency
• DEPARTMENT OF THE TREASURY

[Federal Register Volume 80, Number 222 (Wednesday, November 18, 2015)]
[Notices]
[Pages 72144-72146]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-29410]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


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

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act (PRA) of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the 
FDIC (collectively, the agencies) may not conduct or sponsor, and the 
respondent is not required to respond to, an information collection 
unless it displays a currently valid OMB control number. On July 29, 
2015, the agencies, under the auspices of the Federal Financial 
Institutions Examination Council (FFIEC), published a notice in the 
Federal Register (80 FR 45274) and requested public comment for 60 days 
on a proposal to extend, with revision, the Foreign Branch Report of 
Condition

[[Page 72145]]

(FFIEC 030 and FFIEC 030S), which is a currently approved information 
collection for each agency. The comment period for this notice expired 
on September 28, 2015. The agencies did not receive any comments 
addressing the proposed changes and are now submitting a request to OMB 
for review and approval of the extension, with revision, of the FFIEC 
030 and FFIEC 030S.

DATES: Comments must be submitted on or before December 18, 2015.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments, which should refer to the OMB 
control number, will be shared among the agencies.
    OCC: Because paper mail in the Washington, DC, area and at the OCC 
is subject to delay, commenters are encouraged to submit comments by 
email, if possible. Comments may be sent to: Legislative and Regulatory 
Activities Division, Office of the Comptroller of the Currency, 
Attention: 1557-0099, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-
11, Washington, DC 20219. In addition, comments may be sent by fax to 
(571) 465-4326 or by electronic mail to prainfo@occ.treas.gov. You may 
personally inspect and photocopy comments at the OCC, 400 7th Street 
SW., Washington, DC 20219. For security reasons, the OCC requires that 
visitors make an appointment to inspect comments. You may do so by 
calling (202) 649-6700 or, for persons who are deaf or hard of hearing, 
TTY, (202) 649-5597. Upon arrival, visitors will be required to present 
valid government-issued photo identification and submit to security 
screening in order to inspect and photocopy comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not include any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.
    Board: You may submit comments, identified by FFIEC 030 or FFIEC 
030S, by any of the following methods:
     Agency Web site: https://www.federalreserve.gov. Follow the 
instructions for submitting comments at: https://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: regs.comments@federalreserve.gov. Include reporting 
form number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Robert DeV. Frierson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper in Room MP-500 
of the Board's Martin Building (20th and C Streets, NW.) between 9:00 
a.m. and 5:00 p.m. on weekdays.
    FDIC: You may submit comments, which should refer to ``Foreign 
Branch Report of Condition, 3064-0011,'' by any of the following 
methods:
     Agency Web site: https://www.fdic.gov/regulations/laws/federal/propose.html. Follow the instructions for submitting comments 
on the FDIC's Web site.
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: comments@FDIC.gov. Include ``FFIEC 030 and FFIEC 
030S'' in the subject line of the message.
     Mail: Gary A. Kuiper, Counsel, Attn: Comments, Room MB-
3016, 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 550 17th Street Building (located on F 
Street) on business days between 7:00 a.m. and 5:00 p.m.
    Public Inspection: All comments received will be posted without 
change to https://www.fdic.gov/regulations/laws/federal/propose.html 
including any personal information provided. Comments may be inspected 
at the FDIC Public Information Center, Room E-1002, 3501 Fairfax Drive, 
Arlington, VA 22226, between 9:00 a.m. and 5:00 p.m. on business days.
    Additionally, commenters may send a copy of their comments to the 
OMB desk officer for the agencies by mail to the Office of Information 
and Regulatory Affairs, U.S. Office of Management and Budget, New 
Executive Office Building, Room 10235, 725 17th Street NW., Washington, 
DC 20503; by fax to (202) 395-6974; or by email to 
oira_submission@omb.eop.gov.

FOR FURTHER INFORMATION CONTACT: For further information about the 
revisions discussed in this notice, please contact any of the agency 
clearance officers whose names appear below. In addition, copies of the 
report forms can be obtained at the FFIEC's Web site (https://www.ffiec.gov/ffiec_report_forms.htm).
    OCC: Shaquita Merritt, OCC Clearance Officer, (202) 649-5490, or, 
for persons who are deaf or hard of hearing, TTY, (202) 649-5597, 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219.
    Board: Mark Tokarski, Federal Reserve Board Acting Clearance 
Officer, (202) 452-3829, Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, 20th and C Streets NW., 
Washington, DC 20551. Telecommunications Device for the Deaf (TDD) 
users may call (202) 263-4869.
    FDIC: Gary A. Kuiper, Counsel, (202) 898-3877, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, 
DC 20429.

SUPPLEMENTARY INFORMATION: Proposal to request approval from OMB of the 
extension for three years, with revision, of the following currently 
approved collection of information:

    Report Title: Foreign Branch Report of Condition.
    Form Numbers: FFIEC 030 and FFIEC 030S.
    Frequency of Response: Annually, and quarterly for significant 
branches.
    Affected Public: Business or other for profit.

OCC

    OMB Number: 1557-0099.
    Estimated Number of Respondents: 199 annual branch respondents 
(FFIEC 030), 57 quarterly branch respondents (FFIEC 030), 30 annual 
branch respondents (FFIEC 030S).
    Estimated Average Time per Response: 3.4 burden hours (FFIEC 030), 
0.5 burden hours (FFIEC 030S).
    Estimated Total Annual Burden: 1,467 burden hours.

Board

    OMB Number: 7100-0071.
    Estimated Number of Respondents: 14 annual branch respondents 
(FFIEC 030), 24 quarterly branch respondents (FFIEC 030), 11 annual 
branch respondents (FFIEC 030S).
    Estimated Average Time per Response: 3.4 burden hours (FFIEC 030), 
0.5 burden hours (FFIEC 030S).
    Estimated Total Annual Burden: 380 burden hours.

FDIC

    OMB Number: 3064-0011.
    Estimated Number of Respondents: 8 annual branch respondents (FFIEC 
030),

[[Page 72146]]

1 quarterly branch respondent (FFIEC 030), 8 annual branch respondents 
(FFIEC 030S).
    Estimated Average Time per Response: 3.4 burden hours (FFIEC 030), 
0.5 burden hours (FFIEC 030S).
    Estimated Total Annual Burden: 45 burden hours.

General Description of Reports

    This information collection is mandatory: 12 U.S.C. 602 (Board); 12 
U.S.C. 161 and 602 (OCC); and 12 U.S.C. 1828 (FDIC). This information 
collection is given confidential treatment under 5 U.S.C. 552(b)(4) and 
(8).

Abstract

    The FFIEC 030 contains asset and liability information for foreign 
branches of insured U.S. banks and insured U.S. savings associations 
(U.S. institutions) and is required for regulatory and supervisory 
purposes. The information is used to analyze the foreign operations of 
U.S. institutions. All foreign branches of U.S. institutions regardless 
of charter type file this report as provided in the instructions to the 
FFIEC 030 and FFIEC 030S.
    An institution must file a separate report for each foreign branch, 
but in some cases may consolidate filings for multiple foreign branches 
in the same country. A branch with either total assets of at least $2 
billion or commitments to purchase foreign currencies and U.S. dollar 
exchange of at least $5 billion as of the end of a calendar quarter is 
considered a ``significant branch'' and is required to report quarterly 
on the FFIEC 030. A foreign branch that does not meet either of the 
criteria to file quarterly, but has total assets in excess of $250 
million, must file the entire FFIEC 030 report on an annual basis as of 
each December 31.
    A foreign branch that does not meet the criteria to file the FFIEC 
030 report, but has total assets of $50 million or more (but less than 
or equal to $250 million), must file the Abbreviated Foreign Branch 
Report of Condition (FFIEC 030S) on an annual basis as of each December 
31. A foreign branch with total assets of less than $50 million is 
exempt from filing the FFIEC 030 and 030S reports.

Current Actions

    On July 29, 2015, the agencies published a notice in the Federal 
Register (80 FR 45274) and requested comment on a proposal to revise 
the officer declaration requirement that applies to the FFIEC 030 and 
FFIEC 030S, reduce the information provided if the consolidation option 
is elected, and add a field on the cover page for an institution to 
indicate whether the branch meets the criteria for annual or quarterly 
filing. These revisions would become effective for the December 31, 
2015, report date. The comment period for this notice expired on 
September 28, 2015. The agencies did not receive any comments 
addressing the proposed changes and are now submitting to OMB a request 
for review and approval of the extension, with revision, of the FFIEC 
030 and FFIEC 030S.

Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comments are invited on:
    a. Whether the information collection is necessary for the proper 
performance of the agencies' functions, including whether the 
information has practical utility;
    b. The accuracy of the agencies' estimate 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;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide the requested 
information.
    Comments submitted in response to this notice will be shared among 
the agencies. All comments will become a matter of public record.

    Dated: November 4, 2015.
Stuart Feldstein,
Director, Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency.
    Board of Governors of the Federal Reserve System, November 12, 
2015.
Robert deV. Frierson,
Secretary of the Board.
    Dated at Washington, DC, this 2nd day of November, 2015.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-29410 Filed 11-17-15; 8:45 am]
 BILLING CODE 4810-33-P 6210-01-P 6714-01-P