Agency Information Collection Activities: Submission for OMB Review; Comment Request; 3064-0095, 54656-54657 [E6-15366]

Download as PDF 54656 Federal Register / Vol. 71, No. 180 / Monday, September 18, 2006 / Notices Gary A. Kuiper, at the address identified above. SUPPLEMENTARY INFORMATION: Proposal to renew the following currently approved collection of information: Title: Activities and Investments of Insured State Banks. OMB Number: 3064–0111. Form Number: None. Frequency of Response: On occasion. Affected Public: Insured state nonmember banks. Estimated Number of Respondents: 130. Estimated Time per Response: 8 hours. Total Annual Burden: 1040 hours. General Description of Collection: With certain exceptions, Section 24 of the FDI Act (12 U.S.C. 1831a) limits the direct equity investments of state chartered banks to equity investments that are permissible for national banks. In addition, the statute prohibits an insured state bank from directly engaging as principal in any activity that is not permissible for a national bank or indirectly through a subsidiary in an activity that is not permissible for a subsidiary of a national bank unless the bank meets it minimum capital requirements and the FDIC determines that the activity does not pose a significant risk to the deposit insurance fund. The FDIC can make such a determination for exception by regulation or by an order. 12 CFR 362 is the FDIC’s implementing regulation for Section 24. It details the activities that insured state banks or their subsidiaries may engage in, under certain criteria and conditions, and identifies the information that banks must furnish to the FDIC in order to obtain the FDIC’s approval or nonobjection. cprice-sewell on PROD1PC66 with NOTICES FOR FURTHER INFORMATION CONTACT: Request for Comment Comments are invited on: (a) Whether these collections of information are necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimate of the burden of the information collections, 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 the information collections on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Dated at Washington, DC, this 6th day of September, 2006. VerDate Aug<31>2005 14:48 Sep 15, 2006 Jkt 208001 Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. E6–15365 Filed 9–15–06; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Comment Request; 3064–0095 Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of information collection to be submitted to OMB for review and approval under the Paperwork Reduction Act of 1995. AGENCY: SUMMARY: In accordance with requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it is submitting to the Office of Management and Budget (OMB) a request for OMB review and approval of the renewal of the information collection system described below. DATES: Comments must be submitted on or before October 18, 2006. ADDRESSES: Interested parties are invited to submit written comments on the collection of information entitled: ‘‘Procedures for Monitoring Bank Protection Act Compliance’’ (3064– 0095); All comments should refer to the name and number of the collection. Comments may be submitted by any of the following methods: • https://www.FDIC.gov/regulations/ laws/federal/notices.html. • E-mail: comments@fdic.gov. Include the name and number of the collection in the subject line of the message. • Mail: Gary A. Kuiper (202.898.3877), Counsel, Federal Deposit Insurance Corporation, Suite 3130, 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 a.m. and 5 p.m. A copy of the comments may also be submitted to the OMB Desk Officer for the FDIC, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper, at the address identified above. PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 Proposal to renew the following currently approved collection of information: Title: Procedures for Monitoring Bank Protection Act Compliance. OMB Number: 3064–0095. Form Number: None. Frequency of Response: On occasion. Affected Public: Insured state nonmember banks. Estimated Number of Respondents: 5,250. Estimated Time per Response: 0.5 hours. Total Annual Burden: 2,625 hours. General Description of Collection: The Bank Protection Act of 1968 (12 U.S.C. 1881–1884) requires each Federal supervisory agency to promulgate rules establishing minimum standards for security devices and procedures to discourage financial crime and to assist in the identification of persons who commit such crimes. To avoid the necessity of constantly updating a technology-based regulation, the FDIC takes a flexible approach to implementing this statute. It requires each insured nonmember bank to designate a security officer who will administer a written security program. The security program shall: (1) Establish procedures for opening and closing for business and for safekeeping valuables; (2) establish procedures that will assist in identifying persons committing crimes against the bank; (3) provide for initial and periodic training of employees in their responsibilities under the security program; and (4) provide for selecting, testing, operating and maintaining security devices as prescribed in the regulation. In addition, the FDIC requires the security officer to report at least annually to the bank’s board of directors on the effectiveness of the security program. SUPPLEMENTARY INFORMATION: Request for Comment Comments are invited on: (a) Whether these collections of information are necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimate of the burden of the information collections, 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 the information collections on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Dated at Washington, DC, this 6th day of September, 2006. E:\FR\FM\18SEN1.SGM 18SEN1 Federal Register / Vol. 71, No. 180 / Monday, September 18, 2006 / Notices Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. E6–15366 Filed 9–15–06; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Comment Request; 3064–0093 Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of information collection to be submitted to OMB for review and approval under the Paperwork Reduction Act of 1995. cprice-sewell on PROD1PC66 with NOTICES AGENCY: SUMMARY: In accordance with requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it is submitting to the Office of Management and Budget (OMB) a request for OMB review and approval of the renewal of the information collection system described below. DATES: Comments must be submitted on or before October 18, 2006. ADDRESSES: Interested parties are invited to submit written comments on the collection of information entitled: ‘‘Notice Required of Government Securities Dealers or Brokers (Insured State Nonmember Banks)’’ (3064–0093); All comments should refer to the name and number of the collection. Comments may be submitted by any of the following methods: • https://www.FDIC.gov/regulations/ laws/federal/notices.html. • E-mail: comments@fdic.gov. Include the name and number of the collection in the subject line of the message. • Mail: Gary A. Kuiper (202.898.3877), Counsel, Federal Deposit Insurance Corporation, Suite 3130, 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 a.m. and 5 p.m. A copy of the comments may also be submitted to the OMB Desk Officer for the FDIC, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper, at the address identified above. VerDate Aug<31>2005 14:48 Sep 15, 2006 Jkt 208001 Proposal to renew the following currently approved collection of information: 1. Title: Notices Required of Government Securities Dealers or Brokers (Insured State Nonmember Banks). OMB Number: 3064–0093. Form Numbers: G–FIN; G–FINW; G– FIN4; & G–FIN5. Frequency of Response: On occasion. Affected Public: Insured state nonmember banks acting as government securities brokers and dealers. Estimated Number of Respondents: 60. Estimated Time per Response: 1 hour. Total Annual Burden: 60 hours. General Description of Collection: The Government Securities Act of 1986 requires all financial institutions acting as government securities brokers and dealers to notify their federal regulatory agencies of their broker-dealer activities, unless exempted from the notice requirement by Treasury Department regulation. SUPPLEMENTARY INFORMATION: Request for Comment Comments are invited on: (a) Whether these collections of information are necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimate of the burden of the information collections, 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 the information collections on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Dated at Washington, DC, this 6th day of September, 2006. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. E6–15367 Filed 9–15–06; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Comment Request; 3064–0090 Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of information collection to be submitted to OMB for review and approval under the Paperwork Reduction Act of 1995. AGENCY: PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 54657 SUMMARY: In accordance with requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it is submitting to the Office of Management and Budget (OMB) a request for OMB review and approval of the renewal of the information collection system described below. DATES: Comments must be submitted on or before October 18, 2006. ADDRESSES: Interested parties are invited to submit written comments on the collection of information entitled: ‘‘Public Disclosure by Banks’’ (3064– 0090); All comments should refer to the name and number of the collection. Comments may be submitted by any of the following methods: • https://www.FDIC.gov/regulations/ laws/federal/notices.html. • E-mail: comments@fdic.gov. Include the name and number of the collection in the subject line of the message. • Mail: Gary A. Kuiper (202.898.3877), Counsel, Federal Deposit Insurance Corporation, Suite 3130, 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 a.m. and 5 p.m. A copy of the comments may also be submitted to the OMB Desk Officer for the FDIC, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper, at the address identified above. Proposal to renew the following currently approved collection of information: Title: Public Disclosure by Banks. OMB Number: 3064–0090. Form Number: None. Frequency of Response: On occasion. Affected Public: Insured state nonmember banks. Estimated Number of Respondents: 5,500. Estimated Time per Response: 0.5 hours. Total Annual Burden: 2,750 hours. General Description of Collection: 12 CFR part 350 requires a bank to notify the general public, and in some instances shareholders, that financial disclosure statements are available on request. Required disclosures consist of financial reports for the current and preceding year, which can be photocopied directly from the year-end SUPPLEMENTARY INFORMATION: E:\FR\FM\18SEN1.SGM 18SEN1

Agencies

[Federal Register Volume 71, Number 180 (Monday, September 18, 2006)]
[Notices]
[Pages 54656-54657]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-15366]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request; 3064-0095

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

-----------------------------------------------------------------------

SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it 
is submitting to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the renewal of the information 
collection system described below.

DATES: Comments must be submitted on or before October 18, 2006.

ADDRESSES: Interested parties are invited to submit written comments on 
the collection of information entitled: ``Procedures for Monitoring 
Bank Protection Act Compliance'' (3064-0095); All comments should refer 
to the name and number of the collection. Comments may be submitted by 
any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal/notices.html.
     E-mail: comments@fdic.gov. Include the name and number of 
the collection in the subject line of the message.
     Mail: Gary A. Kuiper (202.898.3877), Counsel, Federal 
Deposit Insurance Corporation, Suite 3130, 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 a.m. and 5 p.m.
    A copy of the comments may also be submitted to the OMB Desk 
Officer for the FDIC, Office of Information and Regulatory Affairs, 
Office of Management and Budget, New Executive Office Building, Room 
10235, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper, at the address 
identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collection of information:
    Title: Procedures for Monitoring Bank Protection Act Compliance.
    OMB Number: 3064-0095.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks.
    Estimated Number of Respondents: 5,250.
    Estimated Time per Response: 0.5 hours.
    Total Annual Burden: 2,625 hours.
    General Description of Collection: The Bank Protection Act of 1968 
(12 U.S.C. 1881-1884) requires each Federal supervisory agency to 
promulgate rules establishing minimum standards for security devices 
and procedures to discourage financial crime and to assist in the 
identification of persons who commit such crimes. To avoid the 
necessity of constantly updating a technology-based regulation, the 
FDIC takes a flexible approach to implementing this statute. It 
requires each insured nonmember bank to designate a security officer 
who will administer a written security program. The security program 
shall: (1) Establish procedures for opening and closing for business 
and for safekeeping valuables; (2) establish procedures that will 
assist in identifying persons committing crimes against the bank; (3) 
provide for initial and periodic training of employees in their 
responsibilities under the security program; and (4) provide for 
selecting, testing, operating and maintaining security devices as 
prescribed in the regulation. In addition, the FDIC requires the 
security officer to report at least annually to the bank's board of 
directors on the effectiveness of the security program.

Request for Comment

    Comments are invited on: (a) Whether these collections of 
information are necessary for the proper performance of the FDIC's 
functions, including whether the information has practical utility; (b) 
the accuracy of the estimate of the burden of the information 
collections, 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 the 
information collections on respondents, including through the use of 
automated collection techniques or other forms of information 
technology. All comments will become a matter of public record.

    Dated at Washington, DC, this 6th day of September, 2006.


[[Page 54657]]


Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
 [FR Doc. E6-15366 Filed 9-15-06; 8:45 am]
BILLING CODE 6714-01-P
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