Agency Information Collection Activities: Proposed Information Collection; Comment Request, 15254-15256 [E6-4374]
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ACTION:
Federal Register / Vol. 71, No. 58 / Monday, March 27, 2006 / Notices
Notice.
SUMMARY: In compliance with the
Paperwork Reduction Act of 1995 (44
U.S.C. 3501 et seq.), this notice
announces that the Information
Collection Request (ICR) abstracted
below has been forwarded to the Office
of Management and Budget (OMB) for
review and comment. The ICR describes
the nature of the information collections
and their expected burden. The Federal
Register Notice with a 60-day comment
period was published on December 22,
2005 (70 FR 76105).
DATES: OMB approval has been
requested by April 26, 2006.
FOR FURTHER INFORMATION CONTACT:
Samuel Daniel, Jr. at the National
Highway Traffic Safety Administration
(NHTSA), Office of Crash Avoidance
Standards (NVS–120), (202) 366–4921.
400 Seventh Street, SW., Washington
DC 20590.
SUPPLEMENTARY INFORMATION:
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National Highway Traffic Safety
Administration
Title: 49 CFR 571.138, Tire Pressure
Monitoring Systems.
OMB Number: 2127–0631.
Type of Request: Extension of a
currently approved collection.
Abstract: NHTSA issued a final rule
in April 2005, FMVSS No. 138, Tire
pressure monitoring systems, in
response to section 13 of the
Transportation Recall Enhancement,
Accountability, and Documentation Act
(TREAD). FMVSS No. 138 specifies that
compliance with the standard be
phased-in over a three-year period
beginning on October 5, 2005 as follows:
Between October 5, 2005 and August 31,
2006, 20 percent of new vehicles
produced by each manufacturer must
comply with FMVSS No. 138; 70
percent of the vehicles produced
between September 1, 2006 and August
31, 2007 must comply with the
Standard; and all vehicles built on or
after September 1, 2007 must comply
with FMVSS No. 138. The agency
decided to include a carry-forward
credit feature in FMVSS No. 138, which
provides vehicle manufacturers the
opportunity to count compliant vehicles
manufactured in a given year toward the
phase-in percentage requirements for
one of the subsequent phase-in years.
The purpose of this data collection
request is to obtain OMB approval for
the data report specified in 49 CFR part
585, Phase-In Reporting Requirements
which requires vehicle manufacturers to
provide NHTSA with the vehicle
production information needed to
determine compliance with the phase-in
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requirements and to award carryforward credit.
Affected Public: Business or other for
profit organizations.
Estimated Total Annual Burden: 42
man-hours.
Estimated Number of Respondents:
21.
ADDRESSES: Send comments, within 30
days, to the Office of Information and
Regulatory Affairs, Office of
Management and Budget, 725 17th
Street, NW., Washington, DC 20503,
Attention NHTSA Desk Officer.
Comments are invited on: Whether
the proposed collection of information
is necessary for the proper performance
of the functions of the Department,
including whether the information will
have practical utility; the accuracy of
the Department’s estimate of the burden
of the proposed information collection;
ways to enhance the quality, utility and
clarity of the information to be
collected; and ways to minimize the
burden of the collection of information
on respondents, including the use of
automated collection techniques or
other forms of information technology.
A comment to OMB is most effective if
OMB receives it prior to April 26, 2006.
Issued on: March 22, 2006.
Stephen R. Kratzke,
Associate Administrator for Rulemaking.
[FR Doc. E6–4379 Filed 3–24–06; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Proposed Information
Collection; Comment Request
Office of the Comptroller of the
Currency, Treasury.
ACTION: Notice and request for comment.
AGENCY:
SUMMARY: The OCC, 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 a continuing information
collection, as required by the Paperwork
Reduction Act of 1995. An agency may
not conduct or sponsor, and a
respondent is not required to respond
to, an information collection unless it
displays a currently valid OMB control
number. The OCC is soliciting comment
concerning its information collection
titled, ‘‘International Regulation—Part
28.’’
DATES: Comments must be received by
May 26, 2006.
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Communications Division,
Office of the Comptroller of the
Currency, Public Information Room,
Mailstop 1–5, Attention: 1557–0102,
250 E Street, SW., Washington, DC
20219. In addition, comments may be
sent by fax to (202) 874–4448, or by
electronic mail to
regs.comments@occ.treas.gov. You can
inspect and photocopy the comments at
the OCC’s Public Information Room, 250
E Street, SW., Washington, DC 20219.
You can make an appointment to
inspect the comments by calling (202)
874–5043.
Additionally, you should send a copy
of your comments to OCC Desk Officer,
1557–0102, by mail to U.S. Office of
Management and Budget, 725, 17th
Street, NW., #10235, Washington, DC
20503, or by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: You
can request additional information or a
copy of the collection from Mary
Gottlieb, OCC Clearance Officer, or
Camille Dickerson, (202) 874–5090,
Legislative and Regulatory Activities
Division, Office of the Comptroller of
the Currency, 250 E Street, SW.,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION:
The OCC is proposing to extend OMB
approval of the following information
collection:
Title: International Regulation—Part
28.
OMB Number: 1557–0102.
Description: This submission covers
an existing regulation and involves no
change to the regulation or to the
information collection requirements.
The OCC requests only that OMB extend
its approval of the information
collection.
12 CFR Part 28 contains the following
collections of information:
12 CFR 28.3 Filing Requirements for
Foreign Operations of a National
Bank—Notice Requirement. A national
bank shall notify the OCC when it:
• Files an application, notice, or
report with the FRB to establish or open
a foreign branch, or acquire or divest of
an interest in, or close, an Edge
corporation, Agreement corporation,
foreign bank, or other foreign
organization.
• Opens a foreign branch, and no
application or notice is required by the
FRB for such transaction.
• Files an application to join a foreign
exchange, clearinghouse, or similar type
of organization.
In lieu of a notice, the OCC may
accept a copy of an application, notice,
or report submitted to another Federal
agency that covers the proposed action
and contains substantially the same
ADDRESSES:
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Federal Register / Vol. 71, No. 58 / Monday, March 27, 2006 / Notices
information required by the OCC. A
national bank shall furnish the OCC
with any additional information the
OCC may require in connection with the
national bank’s foreign operations.
12 CFR 28.12(a) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Approval of a Federal branch or
agency—Approval and Licensing
Requirements. A foreign bank shall
submit an application to, and obtain
prior approval from the OCC before it
establishes a Federal branch or agency,
or exercises fiduciary powers at a
Federal branch (a foreign bank may
submit an application to exercise
fiduciary powers at the time of filing an
application for a Federal branch or at
any subsequent date).
12 CFR 28.12(e)(2) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Approval of a Federal branch or
agency—Written Notice for Additional
Intrastate Branches or Agencies. A
foreign bank shall provide written
notice to the OCC 30 days in advance
of the establishment of an intrastate
branch or agency.
12 CFR 28.12(h) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Approval of a Federal Branch or
Agency—After-the-fact Notice for
Eligible Foreign Banks. A foreign bank
proposing to establish a Federal branch
or agency through the acquisition of, or
merger or consolidation with, a foreign
bank that has an existing bank
subsidiary, branch, or agency, shall
provide after-the-fact notice within 14
days of the transaction to the OCC if (1)
the resulting bank is an ‘‘eligible foreign
bank’’ within the meaning of § 28.12(f)
and (2) no Federal branch established by
the transaction is insured.
12 CFR 28.12(i) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Approval of a Federal Branch or
Agency—Contraction of Operations. A
foreign bank shall provide written
notice to the OCC within 10 days after
converting a Federal branch into a
limited Federal branch of Federal
agency.
12 CFR 28.14(c) Limitations Based
upon Capital of a Foreign Bank—
Aggregation. A foreign bank shall
designate one Federal branch or agency
office in the United States to maintain
consolidated information so that the
OCC can monitor compliance.
12 CFR 28.15(d), (d)(2), and (f) Capital
Equivalency Deposits. Deposit
arrangements:
• A foreign bank should require its
depository bank to segregate its capital
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equivalency deposits on the depository
bank’s books and records.
• The funds deposited and
obligations that are placed in
safekeeping at a depository bank to
satisfy a foreign bank’s capital
equivalency deposit requirement must
be maintained pursuant to an agreement
prescribed by the OCC that shall be a
written agreement entered into with the
OCC.
Maintenance of capital equivalency
ledger account: Each Federal branch or
agency shall maintain a capital
equivalency account and keep records
of the amount of liabilities requiring
capital equivalency coverage in a
manner and form prescribed by the
OCC.
12 CFR 28.15(d)(1) Capital
Equivalency Deposits—Deposit
Arrangements. A foreign bank’s capital
equivalency deposits may not be
reduced in value below the minimum
required for that branch or agency
without the prior approval of the OCC,
but in no event below the statutory
minimum.
12 CFR 28.16(c) Deposit-taking by an
Uninsured Federal branch—Application
for an Exemption. A foreign bank may
apply to the OCC for an exemption to
permit an uninsured Federal branch to
accept or maintain deposit accounts that
are not listed in paragraph (b) of this
section. The request should describe:
• The types, sources, and estimated
amount of such deposits and explain
why the OCC should grant an
exemption;
• How the exemption maintains and
furthers the policies described in
paragraph (a) of this section.
12 CFR 28.16(d) Deposit taking by an
uninsured Federal branch—Aggregation
of deposits. A foreign bank that has
more than one Federal branch in the
same state may aggregate deposits in all
of its Federal branches in that state, but
exclude deposits of other branches,
agencies or wholly owned subsidiaries
of the bank. The Federal branch shall
compute the average amount by using
the sum of deposits as of the close of
business of the last 30 calendar days
ending with and including the last day
of the calendar quarter, divided by 30.
The Federal branch shall maintain
records of the calculation until its next
examination by the OCC.
12 CFR 28.17 Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual) Notice
of Change in Activity or Operations. A
Federal branch or agency shall notify
the OCC if it changes its corporate title;
changes its mailing address; converts to
a state branch, state agency, or
representative office; or the parent
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15255
foreign bank changes the designation of
its home state.
12 CFR 28.18(c)(1) Recordkeeping and
Reporting—Maintenance of Accounts,
Books, and Records. Each Federal
branch or agency shall maintain a set of
accounts and records reflecting its
transactions that are separate from those
of the foreign bank and any other branch
or agency. The Federal branch or agency
shall keep a set of accounts and records
in English sufficient to permit the OCC
to examine the condition of the Federal
branch or agency and its compliance
with applicable laws and regulations.
12 CFR 28.20(a)(1) Maintenance of
Assets—General Rule. The OCC may
require a foreign bank to hold certain
assets, with the approval of the OCC, in
the state in which its Federal branch or
agency is located.
12 CFR 28.22 (b) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Voluntary Liquidation. Notice to
customers and creditors—A foreign
bank shall publish notice of the
impending closure of each Federal
branch or agency for a period of two
months in every issue of a local
newspaper where the Federal branch or
agency is located. If only weekly
publication is available, the notice must
be published for nine consecutive
weeks.
12 CFR 28.22(e) Reports of
Examination. The Federal branch or
agency shall send the OCC certification
that all of its Reports of Examination
have been destroyed or return its
Reports of Examination to the OCC.
12 CFR 28.25(a) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Change in Control—After-the-fact
Notice. A foreign bank that operates a
Federal branch or agency shall inform
the OCC in writing of the direct or
indirect acquisition of control of the
foreign bank by any person or entity, or
group of persons or entities acting in
concert, within 14 calendar days after
the foreign bank becomes aware of a
change in control.
12 CFR 28.52 Covered under
Information Collection 1557–0081
(MA)—Reports of Condition and Income
(Interagency Call Report), FFIEC 031,
FFIEC 041 Allocated Transfer Risk
Reserve. A banking institution shall
establish an allocated transfer risk
reserve for specified international assets
when required by the OCC.
12 CFR 28.53 Accounting for Fees on
International Loans. Sets forth
restrictions on fees and specifies
accounting treatment for international
loans.
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Federal Register / Vol. 71, No. 58 / Monday, March 27, 2006 / Notices
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12 CFR 28.54 Covered under
Information Collection 1557–0100
Country Exposure Report and Country
Exposure Information Report (FFIEC
009, FFIEC 009a) Reporting and
Disclosure of International Assets. A
banking institution shall submit to the
OCC, at least quarterly, information
regarding the amounts and composition
of its holdings of international assets. A
banking institution shall submit to the
OCC information regarding
concentrations in its holdings of
international assets that are material in
relation to total assets and to capital of
the institution.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals;
Businesses or other for-profit.
Estimated Number of Respondents:
79.
Estimated Total Annual Responses:
117.
Frequency of Response: On occasion.
Estimated Total Annual Burden:
3,661.5.
Comments submitted in response to
this notice will be summarized,
included in the request for OMB
approval, and become a matter of public
record. Comments are invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information has practical utility;
(b) The accuracy of the agency’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
Dated: March 21, 2006.
Stuart Feldstein,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. E6–4374 Filed 3–24–06; 8:45 am]
BILLING CODE 4810–33–P
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DEPARTMENT OF THE TREASURY
Fiscal Service
Financial Management Service;
Proposed Collection of Information:
Trace Request for Electronic Funds
Transfer (EFT) Payment; and Trace
Request Direct Deposit
Financial Management Service,
Fiscal Service, Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: The Financial Management
Service, 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 a
continuing information collection. By
this notice, the Financial Management
Service solicits comments concerning
forms FMS–150.1 ‘‘Trace Request for
Electronic Funds Transfer Payment’’
and FMS–150.2 ‘‘Trace Request Direct
Deposit.’’
Written comments should be
received on or before May 26, 2006.
ADDRESSES: Direct all written comments
to Financial Management Service, 3700
East West Highway, Records and
Information Management Branch, Room
135, Hyattsville, Maryland 20782.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form(s) and instructions
should be directed to Gavin Jackson,
Director, Project Management Division,
Room 335, 401–14th Street, SW.,
Washington, DC 20227, (202) 874–8815.
SUPPLEMENTARY INFORMATION: Pursuant
to the Paperwork Reduction Act of 1995,
(44 U.S.C. 3506(c)(2)(A)), the Financial
Management Service solicits comments
on the collection of information
described below:
Title: Trace Request for EFT Payment;
and Trace Request Direct Deposit.
OMB Number: 1510–0045.
Form Number: FMS 150.1, FMS
150.2.
Abstract: These forms are used to
notify the financial organization that a
customer (beneficiary) has claimed nonreceipt of credit for a payment. The
forms are designed to help the financial
organization locate any problems and to
keep the customer (beneficary) informed
of any action taken.
Current Actions: Extension of
currently approved collection.
Type of Review: Regular.
Affected Public: Business or other forprofit.
Estimated Number of Respondents:
134,783.
DATES:
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Estimated Time Per Respondent: 8
minutes.
Estimated Total Annual Burden
Hours: 17,971.
Comments: Comments submitted in
response to this notice will be
summarized and/or included in the
request for Office of Management and
Budget approval. All comments will
become a matter of public record.
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
agency’s estimate of the burden of the
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; (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;
and (e) estimate of capital or start-up
costs and costs of operation,
maintenance and purchase of services to
provide information.
Dated: March 17, 2006.
Gavin E. Jackson,
Director, Project Management Division,
Regional Operations.
[FR Doc. 06–2937 Filed 3–24–06; 8:45 am]
BILLING CODE 4810–35–M
DEPARTMENT OF THE TREASURY
Fiscal Service
Financial Management Service;
Proposed Collection of Information:
Notice of Reclamation Electronic
Funds Transfer, Federal Recurring
Payments; and Request for Debit,
Electronic Funds Transfer, Federal
Recurring Payments
Financial Management Service,
Fiscal Service, Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: The Financial Management
Service, 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 a
continuing information collection. By
this notice, the Financial Management
Service solicits comments concerning
forms FMS–133, ‘‘Notice of
Reclamation, Electronic Funds Transfer,
Federal Recurring Payments’’ and FMS–
135, ‘‘Request for Debit, Electronic
Funds Transfer, Federal Recurring
Payments.’’
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]]>Agencies
[Federal Register Volume 71, Number 58 (Monday, March 27, 2006)]
[Notices]
[Pages 15254-15256]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-4374]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Proposed Information
Collection; Comment Request
AGENCY: Office of the Comptroller of the Currency, Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, 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 a continuing
information collection, as required by the Paperwork Reduction Act of
1995. An agency may not conduct or sponsor, and a respondent is not
required to respond to, an information collection unless it displays a
currently valid OMB control number. The OCC is soliciting comment
concerning its information collection titled, ``International
Regulation--Part 28.''
DATES: Comments must be received by May 26, 2006.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Public Information Room, Mailstop 1-5, Attention: 1557-0102,
250 E Street, SW., Washington, DC 20219. In addition, comments may be
sent by fax to (202) 874-4448, or by electronic mail to
regs.comments@occ.treas.gov. You can inspect and photocopy the comments
at the OCC's Public Information Room, 250 E Street, SW., Washington, DC
20219. You can make an appointment to inspect the comments by calling
(202) 874-5043.
Additionally, you should send a copy of your comments to OCC Desk
Officer, 1557-0102, by mail to U.S. Office of Management and Budget,
725, 17th Street, NW., 10235, Washington, DC 20503, or by fax
to (202) 395-6974.
FOR FURTHER INFORMATION CONTACT: You can request additional information
or a copy of the collection from Mary Gottlieb, OCC Clearance Officer,
or Camille Dickerson, (202) 874-5090, Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency, 250 E
Street, SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION:
The OCC is proposing to extend OMB approval of the following
information collection:
Title: International Regulation--Part 28.
OMB Number: 1557-0102.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The OCC requests only that OMB extend its approval of the
information collection.
12 CFR Part 28 contains the following collections of information:
12 CFR 28.3 Filing Requirements for Foreign Operations of a
National Bank--Notice Requirement. A national bank shall notify the OCC
when it:
Files an application, notice, or report with the FRB to
establish or open a foreign branch, or acquire or divest of an interest
in, or close, an Edge corporation, Agreement corporation, foreign bank,
or other foreign organization.
Opens a foreign branch, and no application or notice is
required by the FRB for such transaction.
Files an application to join a foreign exchange,
clearinghouse, or similar type of organization.
In lieu of a notice, the OCC may accept a copy of an application,
notice, or report submitted to another Federal agency that covers the
proposed action and contains substantially the same
[[Page 15255]]
information required by the OCC. A national bank shall furnish the OCC
with any additional information the OCC may require in connection with
the national bank's foreign operations.
12 CFR 28.12(a) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Approval of a Federal branch or
agency--Approval and Licensing Requirements. A foreign bank shall
submit an application to, and obtain prior approval from the OCC before
it establishes a Federal branch or agency, or exercises fiduciary
powers at a Federal branch (a foreign bank may submit an application to
exercise fiduciary powers at the time of filing an application for a
Federal branch or at any subsequent date).
12 CFR 28.12(e)(2) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Approval of a Federal branch or
agency--Written Notice for Additional Intrastate Branches or Agencies.
A foreign bank shall provide written notice to the OCC 30 days in
advance of the establishment of an intrastate branch or agency.
12 CFR 28.12(h) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Approval of a Federal Branch or
Agency--After-the-fact Notice for Eligible Foreign Banks. A foreign
bank proposing to establish a Federal branch or agency through the
acquisition of, or merger or consolidation with, a foreign bank that
has an existing bank subsidiary, branch, or agency, shall provide
after-the-fact notice within 14 days of the transaction to the OCC if
(1) the resulting bank is an ``eligible foreign bank'' within the
meaning of Sec. 28.12(f) and (2) no Federal branch established by the
transaction is insured.
12 CFR 28.12(i) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Approval of a Federal Branch or
Agency--Contraction of Operations. A foreign bank shall provide written
notice to the OCC within 10 days after converting a Federal branch into
a limited Federal branch of Federal agency.
12 CFR 28.14(c) Limitations Based upon Capital of a Foreign Bank--
Aggregation. A foreign bank shall designate one Federal branch or
agency office in the United States to maintain consolidated information
so that the OCC can monitor compliance.
12 CFR 28.15(d), (d)(2), and (f) Capital Equivalency Deposits.
Deposit arrangements:
A foreign bank should require its depository bank to
segregate its capital equivalency deposits on the depository bank's
books and records.
The funds deposited and obligations that are placed in
safekeeping at a depository bank to satisfy a foreign bank's capital
equivalency deposit requirement must be maintained pursuant to an
agreement prescribed by the OCC that shall be a written agreement
entered into with the OCC.
Maintenance of capital equivalency ledger account: Each Federal
branch or agency shall maintain a capital equivalency account and keep
records of the amount of liabilities requiring capital equivalency
coverage in a manner and form prescribed by the OCC.
12 CFR 28.15(d)(1) Capital Equivalency Deposits--Deposit
Arrangements. A foreign bank's capital equivalency deposits may not be
reduced in value below the minimum required for that branch or agency
without the prior approval of the OCC, but in no event below the
statutory minimum.
12 CFR 28.16(c) Deposit-taking by an Uninsured Federal branch--
Application for an Exemption. A foreign bank may apply to the OCC for
an exemption to permit an uninsured Federal branch to accept or
maintain deposit accounts that are not listed in paragraph (b) of this
section. The request should describe:
The types, sources, and estimated amount of such deposits
and explain why the OCC should grant an exemption;
How the exemption maintains and furthers the policies
described in paragraph (a) of this section.
12 CFR 28.16(d) Deposit taking by an uninsured Federal branch--
Aggregation of deposits. A foreign bank that has more than one Federal
branch in the same state may aggregate deposits in all of its Federal
branches in that state, but exclude deposits of other branches,
agencies or wholly owned subsidiaries of the bank. The Federal branch
shall compute the average amount by using the sum of deposits as of the
close of business of the last 30 calendar days ending with and
including the last day of the calendar quarter, divided by 30. The
Federal branch shall maintain records of the calculation until its next
examination by the OCC.
12 CFR 28.17 Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Notice of Change in Activity or
Operations. A Federal branch or agency shall notify the OCC if it
changes its corporate title; changes its mailing address; converts to a
state branch, state agency, or representative office; or the parent
foreign bank changes the designation of its home state.
12 CFR 28.18(c)(1) Recordkeeping and Reporting--Maintenance of
Accounts, Books, and Records. Each Federal branch or agency shall
maintain a set of accounts and records reflecting its transactions that
are separate from those of the foreign bank and any other branch or
agency. The Federal branch or agency shall keep a set of accounts and
records in English sufficient to permit the OCC to examine the
condition of the Federal branch or agency and its compliance with
applicable laws and regulations.
12 CFR 28.20(a)(1) Maintenance of Assets--General Rule. The OCC may
require a foreign bank to hold certain assets, with the approval of the
OCC, in the state in which its Federal branch or agency is located.
12 CFR 28.22 (b) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Voluntary Liquidation. Notice to
customers and creditors--A foreign bank shall publish notice of the
impending closure of each Federal branch or agency for a period of two
months in every issue of a local newspaper where the Federal branch or
agency is located. If only weekly publication is available, the notice
must be published for nine consecutive weeks.
12 CFR 28.22(e) Reports of Examination. The Federal branch or
agency shall send the OCC certification that all of its Reports of
Examination have been destroyed or return its Reports of Examination to
the OCC.
12 CFR 28.25(a) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Change in Control--After-the-fact
Notice. A foreign bank that operates a Federal branch or agency shall
inform the OCC in writing of the direct or indirect acquisition of
control of the foreign bank by any person or entity, or group of
persons or entities acting in concert, within 14 calendar days after
the foreign bank becomes aware of a change in control.
12 CFR 28.52 Covered under Information Collection 1557-0081 (MA)--
Reports of Condition and Income (Interagency Call Report), FFIEC 031,
FFIEC 041 Allocated Transfer Risk Reserve. A banking institution shall
establish an allocated transfer risk reserve for specified
international assets when required by the OCC.
12 CFR 28.53 Accounting for Fees on International Loans. Sets forth
restrictions on fees and specifies accounting treatment for
international loans.
[[Page 15256]]
12 CFR 28.54 Covered under Information Collection 1557-0100 Country
Exposure Report and Country Exposure Information Report (FFIEC 009,
FFIEC 009a) Reporting and Disclosure of International Assets. A banking
institution shall submit to the OCC, at least quarterly, information
regarding the amounts and composition of its holdings of international
assets. A banking institution shall submit to the OCC information
regarding concentrations in its holdings of international assets that
are material in relation to total assets and to capital of the
institution.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals; Businesses or other for-profit.
Estimated Number of Respondents: 79.
Estimated Total Annual Responses: 117.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 3,661.5.
Comments submitted in response to this notice will be summarized,
included in the request for OMB approval, and become a matter of public
record. Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information has practical utility;
(b) The accuracy of the agency's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: March 21, 2006.
Stuart Feldstein,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. E6-4374 Filed 3-24-06; 8:45 am]
BILLING CODE 4810-33-P
