Consultation Paper on Intraday Liquidity Management and Payment System Risk Policy, 68817-68818 [E6-20048]

Download as PDF Federal Register / Vol. 71, No. 228 / Tuesday, November 28, 2006 / Notices Minnesota; HoniAnn Peterka, Miller, South Dakota; Bernie G. Dylla, Littleton, Colorado; Lori A. Peterka, Miller, South Dakota; Patricia A. Friend Peterka, Eden Prairie, Minnesota; Howard J. Peterka, Miller, South Dakota; Susan A. King Borchardt, Castlerock, Colorado; Stephen J. King, Apple Valley, Minnesota; Brian P. King, Apple Valley, Minnesota; Mark J. Dylla, Littleton, Colorado; Ann M. Dylla, Littleton, Colorado; Jeffery D. Peterka, Eden Prairie, Minnesota; John A. Peterka, Eden Prairie, Minnesota; Kathryn M. Peterka, Eden Prairie, Minnesota; Michael T. Peterka, Miller, South Dakota; David J. Peterka, Miller, South Dakota; Ryan A. Peterka, Miller, South Dakota; Jena N. Peterka, Miller, South Dakota; Adam J. Peterka, Miller, South Dakota; Jordan D. Peterka, Miller, South Dakota; Darin M. Peterkam Miller, South Dakota; and Kristen N. Peterka, Miller, South Dakota, to acquire 25 percent or more of the voting shares of M & H Financial Services, Inc., Miller, South Dakota, and thereby indirectly acquire control of First State Bank of Miller, Miller, South Dakota. Board of Governors of the Federal Reserve System, November 22, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6–20138 Filed 11–27–06; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM ycherry on PROD1PC61 with NOTICES 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 VerDate Aug<31>2005 15:42 Nov 27, 2006 Jkt 211001 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 must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than December 26, 2006. A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291: 1. The First National Bank in Wadena Employee Stock Ownership Plan and Trust, and FNB Acquisition Holding Corporation, Wadena, Minnesota, both in Wadena, Minnesota; to become bank holding companies by acquiring 100 percent of the voting shares of The First National Agency of Wadena, Inc., Wadena, Minnesota, and thereby indirectly acquire The First National Bank in Wadena, Wadena, Minnesota. In connection with these applications, Applicants have applied to acquire The First National Agency of Wadena, Inc., Wadena, Minnesota, and engage in insurance agency activities in a town with a population not exceeding 5,000, pursuant to section 228.28(b)(11)(iii)(A) of Regulation Y. B. Federal Reserve Bank of Kansas City (Donna J. Ward, Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001: 1. Community Bankshares, Inc., Greenwood Village, Colorado; to acquire 100 percent of the voting shares of Citizens Financial Corporation, and thereby indirectly acquire Citizens State Bank of Cortez, both in Cortez, Colorado. Board of Governors of the Federal Reserve System, November 22, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6–20139 Filed 11–27–06; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM [Docket No. OP–1257] Consultation Paper on Intraday Liquidity Management and Payment System Risk Policy Board of Governors of the Federal Reserve System. AGENCY: PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 ACTION: 68817 Notice; extension of comment period. SUMMARY: On June 21, 2006, the Board of Governors of the Federal Reserve System (‘‘Board’’) published for public comment the Consultation paper on intraday liquidity management and payment system risk policy. The Board is extending the comment period for the consultation paper by 90 days. DATES: Comments must be received on or before March 15, 2007. ADDRESSES: You may submit comments, identified by Docket No. OP–1257, by any of the following methods: • Agency Web site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • E-mail: regs.comments@federalreserve.gov. Include the 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 http:// 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. FOR FURTHER INFORMATION CONTACT: Jeffrey Marquardt, Deputy Director (202–452–2360), 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: On June 21, 2006, the Board published for public comment the Consultation paper on intraday liquidity management and payment system risk policy (71 FR 35679). The consultation paper sought information from financial institutions and other interested parties on their experience in managing intraday E:\FR\FM\28NON1.SGM 28NON1 68818 Federal Register / Vol. 71, No. 228 / Tuesday, November 28, 2006 / Notices liquidity, credit, and operational risks related to Fedwire funds transfers, especially late-day transfers. The paper also requested views on potential changes in market practices, operations, and the Board’s Payments System Risk policy that could reduce one or more of these risks. The consultation paper stated that comments must be submitted on or before December 15, 2006. The Board received a letter from an industry group, whose members include a number of large U.S. depository institutions and foreign banking organizations, requesting, on behalf of that group and its members, an extension of the comment period. Based on interactions the Board has had with this group, its members, and other interested parties, the Board believes that an extension would enable these organizations to investigate further the drivers of their liquidity management practices and late-day Fedwire funds transfers. The extension will also allow a range of organizations more time to provide a thorough response to the consultation paper. Consequently, the Board has decided to extend the comment period on the consultation paper by 90 days. The comment period will now end March 15, 2007. By order of the Board of Governors of the Federal Reserve System, acting through the Secretary of the Board under delegated authority, November 21, 2006. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E6–20048 Filed 11–27–06; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES DEPARTMENT OF HEALTH AND HUMAN SERVICES Office of the National Coordinator for Health Information Technology; American Health Information Community Meeting Administration for Children and Families ACTION: Announcement of meeting. This notice announces the tenth meeting of the American Health Information Community in accordance with the Federal Advisory Committee Act (Pub. L. No. 92–463, 5 U.S.C., App.) The American Health Information Community will advise the Secretary and recommend specific actions to achieve a common interoperability framework for health information technology (IT). DATES: December 12, 2006, from 8:30 a.m. to 12 p.m. ADDRESSES: Hubert H. Humphrey building (200 Independence Avenue, SW., Washington, DC 20201), Conference Room 800. FOR FURTHER INFORMATION CONTACT: Visit http://www.hhs.gov/healthit/ahic.html. SUPPLEMENTARY INFORMATION: The Community will discuss state-federal health information exchange technology and coordination, the development of proto-use cases, and an update on the Personalized Healthcare Workgroup. A Web cast of the Community meeting will be available on the NIH Web site at: http:// www.videocast.nih.gov/. If you have special needs for the meeting, please contact (202) 690–7151. SUMMARY: Dated: November 16, 2006. Judith Sparrow, Director, American Health Information Community, Office of Programs and Coordination, Office of the National Coordinator for Health Information Technology. [FR Doc. 06–9430 Filed 11–27–06; 8:45 am] BILLING CODE 4150–24–M Proposed Information Collection Activity; Comment Request Proposed Projects: Title: Annual Maintenance-of-Effort (MOE) Report. OMB No.: 0970–0248. Description: The Administration for Children and Families (ACF) is requesting a three-year extension of the ACF–204 (Annual MOE Report). The report is used to collect descriptive program characteristics information on the programs operated by States and Territories in association with their Temporary Assistance for Needy Families (TANF) programs. All State and Territory expenditures claimed toward States’ and Territories’ MOE requirements must be appropriate, i.e., meet all applicable MOE requirements. The Annual MOE Report provides the ability to learn about and to monitor the nature of State and Territory expenditures used to meet State’s and Territories’ MOE requirements, and it is an important source of information about the different ways that States and Territories are using their resources to help families attain and maintain selfsufficiency. In addition, the report is used to obtain State and Territory program characteristics for ACF’s annual report to Congress, and the report serves as a useful resource to use in Congressional hearings about how TANF programs are evolving, in assessing State and Territory MOE expenditures, and in assessing the need for legislative changes. Respondents: The 50 States of the United States, the District of Columbia, Guam, Puerto Rico, and the Virgin Islands. ANNUAL BURDEN ESTIMATES Number of respondents Number of responses per respondent Average burden hours per response Total burden hours ACF–204 .......................................................................................................... ycherry on PROD1PC61 with NOTICES Instrument 54 1 128 6,912 Estimated Total Annual Burden Hours: 6,912. In compliance with the requirements of Section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995, the Administration for Children and Families is soliciting public comment on the specific aspects of the information collection described above. VerDate Aug<31>2005 15:42 Nov 27, 2006 Jkt 211001 Copies of the proposed collection of information can be obtained and comments may be forwarded by writing to the Administration for Children and Families, Office of Administration, Office of Information Services, 370 L’Enfant Promenade, SW., Washington, DC 20447, Attn: ACF Reports Clearance Officer. E-mail address: PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 rsargis@acf.hhs.gov. All requests should be identified by the title of the information collection. The Department specifically requests comments on: (a) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have E:\FR\FM\28NON1.SGM 28NON1

Agencies

[Federal Register Volume 71, Number 228 (Tuesday, November 28, 2006)]
[Notices]
[Pages 68817-68818]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-20048]


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FEDERAL RESERVE SYSTEM

[Docket No. OP-1257]


Consultation Paper on Intraday Liquidity Management and Payment 
System Risk Policy

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice; extension of comment period.

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

SUMMARY: On June 21, 2006, the Board of Governors of the Federal 
Reserve System (``Board'') published for public comment the 
Consultation paper on intraday liquidity management and payment system 
risk policy. The Board is extending the comment period for the 
consultation paper by 90 days.

DATES: Comments must be received on or before March 15, 2007.

ADDRESSES: You may submit comments, identified by Docket No. OP-1257, 
by any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail: regs.comments@federalreserve.gov. Include the 
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 
http://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.

FOR FURTHER INFORMATION CONTACT: Jeffrey Marquardt, Deputy Director 
(202-452-2360), 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: On June 21, 2006, the Board published for 
public comment the Consultation paper on intraday liquidity management 
and payment system risk policy (71 FR 35679). The consultation paper 
sought information from financial institutions and other interested 
parties on their experience in managing intraday

[[Page 68818]]

liquidity, credit, and operational risks related to Fedwire funds 
transfers, especially late-day transfers. The paper also requested 
views on potential changes in market practices, operations, and the 
Board's Payments System Risk policy that could reduce one or more of 
these risks. The consultation paper stated that comments must be 
submitted on or before December 15, 2006.
    The Board received a letter from an industry group, whose members 
include a number of large U.S. depository institutions and foreign 
banking organizations, requesting, on behalf of that group and its 
members, an extension of the comment period. Based on interactions the 
Board has had with this group, its members, and other interested 
parties, the Board believes that an extension would enable these 
organizations to investigate further the drivers of their liquidity 
management practices and late-day Fedwire funds transfers. The 
extension will also allow a range of organizations more time to provide 
a thorough response to the consultation paper. Consequently, the Board 
has decided to extend the comment period on the consultation paper by 
90 days. The comment period will now end March 15, 2007.


    By order of the Board of Governors of the Federal Reserve 
System, acting through the Secretary of the Board under delegated 
authority, November 21, 2006.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E6-20048 Filed 11-27-06; 8:45 am]
BILLING CODE 6210-01-P