Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities, 42092-42093 [E6-11819]
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42092
Federal Register / Vol. 71, No. 142 / Tuesday, July 25, 2006 / Notices
address, and telephone number of the
commenter and a concise statement of
comment and the relevant facts upon
which it is based. Comments of either
support or concern which are directed
at specific, cited permit requirements
are appreciated.
After the expiration date of the Public
Notice on August 18, 2006; the Director,
Office of Water and Watersheds, EPA
Region 10, will make a final
determination with respect to issuance
of the general permits. The proposed
requirements contained in the draft
general permits will become final upon
issuance if no significant comments are
received during the public comment
period.
ADDRESSES: Comments on the proposed
General Permits should be sent to
Sharon Wilson, Office of Water and
Watersheds; USEPA Region 10; 1200
Sixth Avenue, OWW–130; Seattle,
Washington 98101 or by e-mail to
wilson.sharon@epa.gov.
FOR FURTHER INFORMATION, CONTACT:
Carla Fromm, 208–378–5755,
fromm.carla@epa.gov or Sharon Wilson,
206–553–0325, wilson.sharon@epa.gov
Copies of the draft general permit and
fact sheet may be downloaded from the
EPA Region 10 web site at . They are
also available upon request from Audrey
Washington at (206) 553–0523, or emailed to washington.audrey@epa.gov.
For information on physical locations in
Idaho and Seattle where the documents
may be viewed, see the June 19, 2006,
notice at 71 FR 35269.
Dated: July 17, 2006.
Christine Psyk,
Associate Director, Office of Water &
Watersheds, Region 10, U.S. Environmental
Protection Agency.
[FR Doc. E6–11815 Filed 7–24–06; 8:45 am]
BILLING CODE 6560–50–P
EXPORT-IMPORT BANK OF THE
UNITED STATES
sroberts on PROD1PC70 with NOTICES
Economic Impact Policy
This notice is to inform the public
that the Export-Import Bank of the
United States has received an
application to finance the export of
approximately $480 million in U.S.
equipment and services to a
petrochemicals facility in Saudi Arabia.
The U.S. exports will enable the
petrochemicals facility to produce
approximately 1.1 million metric tons of
high-density polyethylene, 400
thousand metric tons of polypropylene,
200 thousand metric tons of polystyrene
and 100 thousand metric tons of
hexene-1. Initial production at this
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facility is expected to commence in
2011.
Available information indicates the
following: The high-density
polyethylene will be consumed in Asia,
Europe, Africa and the Middle East; the
polypropylene will be consumed in
Asia, Western Europe and the Middle
East; the polystyrene will be consumed
in China, Africa, Europe and the Middle
East; and the hexene-1 will be
consumed in Saudi Arabia. Interested
parties may submit comments on this
transaction by e-mail to
economic.impact@exim.gov or by mail
to 811 Vermont Avenue, NW., Room
1238, Washington, DC 20571, within 14
days of the date this notice appears in
the Federal Register.
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than August 19,
2006.
A. Federal Reserve Bank of Boston
(Richard Walker, Community Affairs
Officer) P.O. Box 55882, Boston,
Massachusetts 02106-2204:
1. Passumpsic Bancorp, Saint
Johnsbury, Vermont; to acquire 100
percent of the voting shares of, and
merge with The Siwooganock Holding
Company, Inc., and thereby indirectly
acquire voting shares of The
Siwooganock Bank, both of Lancaster,
New Hampshire, and retain 10 percent
of the voting shares of Lancaster
National Bank, Lancaster, New
Hampshire.
Helene S. Walsh,
Director, Policy Oversight and Review.
[FR Doc. E6–11759 Filed 7–24–06; 8:45 am]
Board of Governors of the Federal Reserve
System, July 20, 2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6–11818 Filed 7–24–06; 8:45 am]
BILLING CODE 6690–01–P
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR Part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The application also will be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Additional information on all bank
holding companies may be obtained
from the National Information Center
website at www.ffiec.gov/nic/.
Unless otherwise noted, comments
regarding each of these applications
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FEDERAL RESERVE SYSTEM
Notice of Proposals to Engage in
Permissible Nonbanking Activities or
to Acquire Companies that are
Engaged in Permissible Nonbanking
Activities
The companies listed in this notice
have given notice under section 4 of the
Bank Holding Company Act (12 U.S.C.
1843) (BHC Act) and Regulation Y (12
CFR Part 225) to engage de novo, or to
acquire or control voting securities or
assets of a company, including the
companies listed below, that engages
either directly or through a subsidiary or
other company, in a nonbanking activity
that is listed in § 225.28 of Regulation Y
(12 CFR 225.28) or that the Board has
determined by Order to be closely
related to banking and permissible for
bank holding companies. Unless
otherwise noted, these activities will be
conducted throughout the United States.
Each notice is available for inspection
at the Federal Reserve Bank indicated.
The notice also will be available for
inspection at the offices of the Board of
Governors. Interested persons may
express their views in writing on the
question whether the proposal complies
with the standards of section 4 of the
BHC Act. Additional information on all
bank holding companies may be
obtained from the National Information
Center website at www.ffiec.gov/nic/.
Unless otherwise noted, comments
regarding the applications must be
received at the Reserve Bank indicated
or the offices of the Board of Governors
not later than August 19, 2006.
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Federal Register / Vol. 71, No. 142 / Tuesday, July 25, 2006 / Notices
A. Federal Reserve Bank of Atlanta
(Andre Anderson, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30309:
1. Southeastern Bank Financial
Corporation, Augusta, Georgia; to
acquire Southern Bank and Trust,
Aiken, South Carolina, and thereby
engage de novo in operating a savings
association, pursuant to section
225.28(b)(4)(ii) of Regulation Y.
Board of Governors of the Federal Reserve
System, July 20, 2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6–11819 Filed 7–24–06; 8:45 am]
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
[Docket No. OP–1260]
Federal Reserve Payment System Risk
Policy: Modified Procedures for
Measuring Daylight Overdrafts
Board of Governors of the
Federal Reserve System.
ACTION: Policy Statement.
AGENCY:
The Board of Governors of the
Federal Reserve System (Board) has
adopted changes to its Policy on
Payments System Risk affecting the
procedures for measuring daylight
overdrafts. Funds transfers that the
Reserve Banks function for certain
international organizations using
systems other than their payments
processing systems will be posted
throughout the business day, which is
the same treatment as for Fedwire funds
transfers.
DATES: Effective Date: July 20, 2006.
FOR FURTHER INFORMATION CONTACT: Lisa
Hoskins, Assistant Director (202–452–
3437) or Susan Foley, Manager (202–
452–3596), Division of Reserve Bank
Operations and Payment Systems, Board
of Governors of the Federal Reserve
System; for users of
Telecommunications Device for the Deaf
(‘‘TDD’’) only, contact (202) 263–4869.
SUPPLEMENTARY INFORMATION:
sroberts on PROD1PC70 with NOTICES
SUMMARY:
I. Background
The Board’s Payment System Risk
Policy establishes maximum limits (net
debit caps) and fees on daylight
overdrafts in depository institutions’
accounts at Reserve Banks. When the
Board adopted daylight overdraft fees,
the Reserve Banks began measuring
depository institutions’ intraday
account balances according to a set of
‘‘posting rules’’ established by the
Board. These rules comprise a schedule
for the posting of debits and credits to
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institutions’ Federal Reserve accounts
for different types of payments.1 The
Board’s objectives in designing the
posting rules include minimizing
intraday float, facilitating depository
institutions’ monitoring and control of
their cash balances during the day, and
reflecting the legal rights and
obligations of parties to payments.
Under these posting rules, certain
transactions, including Fedwire funds
transfers, Fedwire book-entry securities
transfers, and National Settlement
Service transactions, are posted as they
are processed during the business day.
The posting rules do not currently
address instances when the Reserve
Banks, acting as fiscal agents for certain
international organizations, process
funds transfers using internal systems
other than their payments processing
systems, such as Fedwire, to function
payments in these institutions’
accounts. The legal rights and
obligations of the parties to these
payments enable the Reserve Banks to
treat these funds transfers as final once
the accounting entries are made in
internal systems. The Board believes
that these funds transfers should be
treated consistent with Fedwire funds
transfers, which are posted throughout
the business day, for daylight overdraft
measurement purposes. A footnote has
been added to the posting rules under
Fedwire funds transfers to clarify this
treatment of funds transfers processed
on internal systems by the Federal
Reserve Banks for certain international
organizations.
II. Paperwork Reduction Act
In accordance with the Paperwork
Reduction Act of 1995 (44 U.S.C. ch.
3506; 5 CFR Part 1320, Appendix A.1),
the Board has reviewed the policy
statement under the authority delegated
to the Board by the Office of
Management and Budget. No collections
of information pursuant to the
Paperwork Reduction Act are contained
in the policy statement.
Policy on Payments System Risk
In the Federal Reserve Policy on
Payments System Risk, section II.A.,
under heading ‘‘Procedures for
Measuring Daylight Overdrafts’’ and sub
heading ‘‘Post Throughout Business
Day’’, a new footnote under Fedwire
funds transfers will be added. The new
footnote will read
25 Funds transfers that the Reserve Banks
function for certain international
organizations using internal systems other
1 See ‘‘Federal Reserve Policy Statement on
Payments System Risk,’’ section I.A (57 FR 47093,
October 14, 1992).
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42093
than payment processing systems such as
Fedwire will be posted throughout the
business day for purposes of measuring
daylight overdrafts.
All subsequent footnotes will be
renumbered to accommodate the
addition of footnote number 25.
By order of the Board of Governors of the
Federal Reserve System, acting through the
Director of the Division of Reserve Bank
Operations and Payment Systems under
delegated authority, July 19, 2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6–11765 Filed 7–24–06; 8:45 am]
BILLING CODE 6210–01–P
GENERAL SERVICES
ADMINISTRATION
[OMB Control No. 3090–0270]
Federal Acquisition Service;
Information Collection; Access
Certificates for Electronic Services
(ACES)
AGENCY:
Office of the Commissioner,
GSA.
Notice of request for comments
regarding a renewal to an existing OMB
clearance.
ACTION:
SUMMARY: Under the provisions of the
Paperwork Reduction Act of 1995 (44
U.S.C. Chapter 35), the General Services
Administration will be submitting to the
Office of Management and Budget
(OMB) a request to review and approve
a renewal of a currently approved
information collection requirement
regarding Access Certificates for
Electronic Services (ACES). The
clearance currently expires on October
31, 2006.
The ACES Program is designed to
facilitate and promote secure electronic
communications between online
automated information technology
application systems authorized by law
to participate in the ACES Program and
users who elect to participate in the
program, through the implementation
and operation of digital signature
certificate technologies. Individual
digital signature certificates are issued
to individuals based upon their
presentation of verifiable proof of
identity in an authorized ACES
Registration Authority. Business
Representative digital signature
certificates are issued to individuals
based upon their presentation of
verifiable proof of identity and
verifiable proof of authority from the
claimed entity to an authorized ACES
Registration Authority.
Public comments are particularly
invited on: Whether this collection of
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]]>Agencies
[Federal Register Volume 71, Number 142 (Tuesday, July 25, 2006)]
[Notices]
[Pages 42092-42093]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-11819]
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FEDERAL RESERVE SYSTEM
Notice of Proposals to Engage in Permissible Nonbanking
Activities or to Acquire Companies that are Engaged in Permissible
Nonbanking Activities
The companies listed in this notice have given notice under section
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and
Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or
control voting securities or assets of a company, including the
companies listed below, that engages either directly or through a
subsidiary or other company, in a nonbanking activity that is listed in
Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has
determined by Order to be closely related to banking and permissible
for bank holding companies. Unless otherwise noted, these activities
will be conducted throughout the United States.
Each notice is available for inspection at the Federal Reserve Bank
indicated. The notice also will be available for inspection at the
offices of the Board of Governors. Interested persons may express their
views in writing on the question whether the proposal complies with the
standards of section 4 of the BHC Act. Additional information on all
bank holding companies may be obtained from the National Information
Center website at www.ffiec.gov/nic/.
Unless otherwise noted, comments regarding the applications must be
received at the Reserve Bank indicated or the offices of the Board of
Governors not later than August 19, 2006.
[[Page 42093]]
A. Federal Reserve Bank of Atlanta (Andre Anderson, Vice President)
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
1. Southeastern Bank Financial Corporation, Augusta, Georgia; to
acquire Southern Bank and Trust, Aiken, South Carolina, and thereby
engage de novo in operating a savings association, pursuant to section
225.28(b)(4)(ii) of Regulation Y.
Board of Governors of the Federal Reserve System, July 20, 2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-11819 Filed 7-24-06; 8:45 am]
BILLING CODE 6210-01-S
