Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 17869-17870 [E6-5125]
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Federal Register / Vol. 71, No. 67 / Friday, April 7, 2006 / Notices
Budget, New Executive Office Building,
Room 10235, Washington, DC 20503, or
e-mail to mmenchik@omb.eop.gov.
[FR Doc. 06–3283 Filed 4–6–06; 8:45am]
BILLING CODE 6690–01–C
Final approval under OMB delegated
authority of the extension for three
years, with revision of the following
reports:
FEDERAL MARITIME COMMISSION
Sunshine Act Meeting
Federal
Maritime Commission.
TIME AND DATE: 10 a.m.—April 12, 2006.
PLACE: 800 North Capitol Street, NW.,
First Floor Hearing Room, Washington,
DC.
STATUS: Closed.
MATTERS TO BE CONSIDERED: 1. Docket
No. 02–04—Anchor Shipping Co. v.
Alianca Navegacao E Logistica Ltda.
CONTACT PERSON FOR MORE INFORMATION:
Bryant L. VanBrakle, Secretary, (202)
523–5725.
AGENCY HOLDING THE MEETING:
[FR Doc. 06–3394 Filed 4–5–06; 12:10 pm]
BILLING CODE 6730–01–M
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System
ACTION:
Background.
Notice is hereby given of the final
approval of proposed information
collections by the Board of Governors of
the Federal Reserve System (Board)
under OMB delegated authority, as per
5 CFR 1320.16 (OMB Regulations on
Controlling Paperwork Burdens on the
Public). Board–approved collections of
information are incorporated into the
official OMB inventory of currently
approved collections of information.
Copies of the OMB 83–Is and supporting
statements and approved collection of
information instrument(s) are placed
into OMB’s public docket files. The
Federal Reserve may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection that has been extended,
revised, or implemented on or after
October 1, 1995, unless it displays a
currently valid OMB control number.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance
Officer––Michelle Long––Division of
Research and Statistics, Board of
Governors of the Federal Reserve
System, Washington, DC 20551 (202–
452–3829).
OMB Desk Officer––Mark Menchik––
Office of Information and Regulatory
Affairs, Office of Management and
wwhite on PROD1PC61 with NOTICES
SUMMARY:
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19:56 Apr 06, 2006
Jkt 208001
1. Report title: Quarterly Report of
Assets and Liabilities of Large Foreign
Offices of U.S. Banks
Agency form number: FR 2502q
OMB Control number: 7100–0079
Frequency: Quarterly
Reporters: Large foreign branches and
banking subsidiaries of U.S. depository
institutions
Annual reporting hours: 826 hours
Estimated average hours per response:
3.5 hours
Number of respondents: 59
General description of report: This
information collection is required (12
U.S.C. §§ 248(a) (2), 353 et seq., 461,
602, and 625) and is given confidential
treatment (5 U.S.C. § 552(b) (4)).
Abstract: This reporting form collects
data quarterly on the geographic
distribution of the assets and liabilities
of major foreign branches and
subsidiaries of U.S. commercial banks
and of Edge and agreement
corporations. Data from this reporting
form comprise a piece of the flow of
funds data that are compiled by the
Federal Reserve.
Current Actions: On January 24, 2006,
the Federal Reserve published a notice
soliciting comments on the proposed
revisions to the Quarterly Report of
Assets and Liabilities of Large Foreign
Offices of U.S. Banks (71 FR 3844). The
comment period ended on March 27,
2006. The Federal Reserve will
implement the following revisions,
effective for the March 31, 2006 report
date: (1) discontinue Schedule A as a
result of the elimination of M3 and (2)
reduce the reporting panel to require
offices located only in the Caribbean
and the United Kingdom to file the FR
2502q. In addition, the Federal Reserve
will implement the following revisions,
effective for the June 30, 2006 report
date: (1) discontinue Memorandum item
3a; (2) revise the instructions for data to
be reported in the unallocated data
items; and (3) conform the names of
several countries and one region to the
country list compiled by the U.S.
Treasury.
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Fmt 4703
Sfmt 4703
17869
The Federal Reserve received one
comment letter from a federal agency
describing its use of the data to prepare
economic account information and
estimates of international transactions.
The revisions will be implemented as
originally proposed.
2. Report title: Consolidated Report of
Condition and Income for Edge and
Agreement Corporations
Agency form number: FR 2886b
OMB control number: 7100–0086
Frequency: Quarterly
Reporters: Edge and agreement
corporations
Annual reporting hours: 3,055
Estimated average hours per response:
14.7 banking corporations, 8.5
investment corporations
Number of respondents: 19 banking
corporations, 57 investment
corporations
General description of report: This
information collection is mandatory (12
U.S.C. §§ 602 and 625). For Edge
corporations engaged in banking,
information collection on schedules
RC–M and RC–V are held confidential
pursuant to Section (b)(4) of the
Freedom of Information Act (5 U.S.C.
552(b)(4)). For investment Edge
corporations, only information collected
on schedule RC–M are given
confidential treatment pursuant to
Section (b)(4) of the Freedom of
Information Act (5 U.S.C. 552(b)(4).
Abstract: This reporting form
comprises a balance sheet, income
statement, two schedules reconciling
changes in capital and reserve accounts,
and ten supporting schedules, and it
parallels the commercial bank
Consolidated Reports of Condition and
Income (Call Report)(FFIEC 031; OMB
No. 7100–0036). The Federal Reserve
uses the data collected on the FR 2886b
to supervise Edge corporations, identify
present and potential problems, and
monitor and develop a better
understanding of activities within the
industry.
Current action: On January 24, 2006,
the Federal Reserve published a notice
soliciting comments on the proposed
revisions to the FR 2886b (71 FR 3844).
The comment period ended on March
27, 2006. The notice described the
Federal Reserve’s proposal to delete
three data items related to bankers
acceptances, consistent with proposed
changes to the Call Report and to make
minor clarifications to the reporting
form and instructions. The Federal
Reserve did not receive any comments
on the proposed revisions. The revisions
will be effective as of March 31, 2006.
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17870
Federal Register / Vol. 71, No. 67 / Friday, April 7, 2006 / Notices
Board of Governors of the Federal Reserve
System, April 4, 2006.
Jennifer J. Johnson
Secretary of the Board.
[FR Doc. E6–5125 Filed 4–6–06; 8:45 am]
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Comments must be submitted on
or before June 6, 2006.
DATES:
Board of Governors of the
Federal Reserve System
SUMMARY: Background.
On June 15, 1984, the Office of
Management and Budget (OMB)
delegated to the Board of Governors of
the Federal Reserve System (Board) its
approval authority under the Paperwork
Reduction Act, as per 5 CFR 1320.16, to
approve of and assign OMB control
numbers to collection of information
requests and requirements conducted or
sponsored by the Board under
conditions set forth in 5 CFR 1320
Appendix A.1. Board–approved
collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
OMB 83–Is and supporting statements
and approved collection of information
instruments are placed into OMB’s
public docket files. The Federal Reserve
may not conduct or sponsor, and the
respondent is not required to respond
to, an information collection that has
been extended, revised, or implemented
on or after October 1, 1995, unless it
displays a currently valid OMB control
number.
AGENCY:
wwhite on PROD1PC61 with NOTICES
Request for comment on information
collection proposals
The following information
collections, which are being handled
under this delegated authority, have
received initial Board approval and are
hereby published for comment. At the
end of the comment period, the
proposed information collections, along
with an analysis of comments and
recommendations received, will be
submitted to the Board for final
approval under OMB delegated
authority. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Federal Reserve’s
functions; including whether the
information has practical utility;
b. The accuracy of the Federal
Reserve’s estimate of the burden of the
proposed information collection,
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19:13 Apr 06, 2006
Jkt 208001
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
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology.
You may submit comments,
identified by FR 2064, FR H–4 or RFP/
RFPQ, 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.
• E–mail:
regs.comments64;federalreserve.gov.
Include docket number in the subject
line of the message.
• FAX: 202–452–3819 or 202–452–
3102.
• Mail: Jennifer J. Johnson, 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 https://
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 a.m. and 5 p.m. on
weekdays.
ADDRESSES:
A
copy of the proposed form and
instructions, the Paperwork Reduction
Act Submission (OMB 83–I), supporting
statement, and other documents that
will be placed into OMB’s public docket
files once approved may be requested
from the agency clearance officer, whose
name appears below.
Michelle Long, Federal Reserve Board
Clearance Officer (202–452–3829),
Division of Research and Statistics,
Board of Governors of the Federal
Reserve System, Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may contact (202–263–
4869), Board of Governors of the Federal
Reserve System, Washington, DC 20551.
FOR FURTHER INFORMATION CONTACT:
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Fmt 4703
Sfmt 4703
Proposals to approve under OMB
delegated authority the extension for
three years, without revision, of the
following reports:
1. Report title: Recordkeeping
Requirements Associated with Changes
in Foreign Investments (Made Pursuant
to Regulation K)
Agency form number: FR 2064
OMB Control number: 7100–0109
Frequency: On–occasion
Reporters: State member banks
(SMBs), Edge and agreement
corporations, and bank holding
companies (BHCs)
Annual reporting hours: 320 hours
Estimated average hours per response:
2 hours
Number of respondents: 40
General description of report: The
recordkeeping requirements of this
information collection are mandatory
(Section 5(c) of the BHC Act (12 U.S.C.
1844(c)); Sections 7 and 13(a) of the
International Banking Act of 1978 (12
U.S.C. 3106 and 3108(a)); Section 25 of
the Federal Reserve Act (FRA) (12
U.S.C. 601–604a); Section 25A of the
FRA (12 U.S.C. 611–631); and
Regulation K (12 CFR 211.8(c))). Since
the Federal Reserve does not collect this
information no issue of confidentiality
under the Freedom of Information Act
(FOIA) arises. FOIA will only be
implicated if the Board’s examiners
retain a copy of the records in their
examination or supervision of the
institution, and would be exempt from
disclosure pursuant to FOIA (5 U.S.C.
552(b)(4), (b)(6), and (b)(8)).
Abstract: Internationally active U.S.
banking organizations are expected to
maintain adequate internal records to
allow examiners to review for
compliance with the investment
provisions of Regulation K. For each
investment made under Subpart A of
Regulation K, records should be
maintained regarding the type of
investment, for example, equity (voting
shares, nonvoting shares, partnerships,
interests conferring ownership rights,
participating loans), binding
commitments, capital contributions, and
subordinated debt; the amount of the
investment; the percentage ownership;
activities conducted by the company
and the legal authority for such
activities; and whether the investment
was made under general consent, prior
notice, or specific consent authority.
With respect to investments made under
general consent authority, information
also must be maintained that
demonstrates compliance with the
various limits set out in Section 211.9
of Regulation K.
2. Report title: Recordkeeping
Requirements Associated with Real
E:\FR\FM\07APN1.SGM
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]]>Agencies
[Federal Register Volume 71, Number 67 (Friday, April 7, 2006)]
[Notices]
[Pages 17869-17870]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-5125]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
ACTION: Board of Governors of the Federal Reserve System
-----------------------------------------------------------------------
SUMMARY: Background.
Notice is hereby given of the final approval of proposed
information collections by the Board of Governors of the Federal
Reserve System (Board) under OMB delegated authority, as per 5 CFR
1320.16 (OMB Regulations on Controlling Paperwork Burdens on the
Public). Board-approved collections of information are incorporated
into the official OMB inventory of currently approved collections of
information. Copies of the OMB 83-Is and supporting statements and
approved collection of information instrument(s) are placed into OMB's
public docket files. The Federal Reserve may not conduct or sponsor,
and the respondent is not required to respond to, an information
collection that has been extended, revised, or implemented on or after
October 1, 1995, unless it displays a currently valid OMB control
number.
FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance
Officer--Michelle Long--Division of Research and Statistics, Board of
Governors of the Federal Reserve System, Washington, DC 20551 (202-452-
3829).
OMB Desk Officer--Mark Menchik--Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 10235, Washington, DC 20503, or e-mail to
mmenchik@omb.eop.gov.
Final approval under OMB delegated authority of the extension for three
years, with revision of the following reports:
1. Report title: Quarterly Report of Assets and Liabilities of
Large Foreign Offices of U.S. Banks
Agency form number: FR 2502q
OMB Control number: 7100-0079
Frequency: Quarterly
Reporters: Large foreign branches and banking subsidiaries of U.S.
depository institutions
Annual reporting hours: 826 hours
Estimated average hours per response: 3.5 hours
Number of respondents: 59
General description of report: This information collection is
required (12 U.S.C. Sec. Sec. 248(a) (2), 353 et seq., 461, 602, and
625) and is given confidential treatment (5 U.S.C. Sec. 552(b) (4)).
Abstract: This reporting form collects data quarterly on the
geographic distribution of the assets and liabilities of major foreign
branches and subsidiaries of U.S. commercial banks and of Edge and
agreement corporations. Data from this reporting form comprise a piece
of the flow of funds data that are compiled by the Federal Reserve.
Current Actions: On January 24, 2006, the Federal Reserve published
a notice soliciting comments on the proposed revisions to the Quarterly
Report of Assets and Liabilities of Large Foreign Offices of U.S. Banks
(71 FR 3844). The comment period ended on March 27, 2006. The Federal
Reserve will implement the following revisions, effective for the March
31, 2006 report date: (1) discontinue Schedule A as a result of the
elimination of M3 and (2) reduce the reporting panel to require offices
located only in the Caribbean and the United Kingdom to file the FR
2502q. In addition, the Federal Reserve will implement the following
revisions, effective for the June 30, 2006 report date: (1) discontinue
Memorandum item 3a; (2) revise the instructions for data to be reported
in the unallocated data items; and (3) conform the names of several
countries and one region to the country list compiled by the U.S.
Treasury.
The Federal Reserve received one comment letter from a federal agency
describing its use of the data to prepare economic account information
and estimates of international transactions. The revisions will be
implemented as originally proposed.
2. Report title: Consolidated Report of Condition and Income for
Edge and Agreement Corporations
Agency form number: FR 2886b
OMB control number: 7100-0086
Frequency: Quarterly
Reporters: Edge and agreement corporations
Annual reporting hours: 3,055
Estimated average hours per response: 14.7 banking corporations,
8.5 investment corporations
Number of respondents: 19 banking corporations, 57 investment
corporations
General description of report: This information collection is
mandatory (12 U.S.C. Sec. Sec. 602 and 625). For Edge corporations
engaged in banking, information collection on schedules RC-M and RC-V
are held confidential pursuant to Section (b)(4) of the Freedom of
Information Act (5 U.S.C. 552(b)(4)). For investment Edge corporations,
only information collected on schedule RC-M are given confidential
treatment pursuant to Section (b)(4) of the Freedom of Information Act
(5 U.S.C. 552(b)(4).
Abstract: This reporting form comprises a balance sheet, income
statement, two schedules reconciling changes in capital and reserve
accounts, and ten supporting schedules, and it parallels the commercial
bank Consolidated Reports of Condition and Income (Call Report)(FFIEC
031; OMB No. 7100-0036). The Federal Reserve uses the data collected on
the FR 2886b to supervise Edge corporations, identify present and
potential problems, and monitor and develop a better understanding of
activities within the industry.
Current action: On January 24, 2006, the Federal Reserve published
a notice soliciting comments on the proposed revisions to the FR 2886b
(71 FR 3844). The comment period ended on March 27, 2006. The notice
described the Federal Reserve's proposal to delete three data items
related to bankers acceptances, consistent with proposed changes to the
Call Report and to make minor clarifications to the reporting form and
instructions. The Federal Reserve did not receive any comments on the
proposed revisions. The revisions will be effective as of March 31,
2006.
[[Page 17870]]
Board of Governors of the Federal Reserve System, April 4, 2006.
Jennifer J. Johnson
Secretary of the Board.
[FR Doc. E6-5125 Filed 4-6-06; 8:45 am]
BILLING CODE 6210-01-S
