Proposed Agency Information Collection Activities; Comment Request-Financial Management Policies-Interest Rate Risk, 5267-5268 [E8-1522]

Download as PDF Federal Register / Vol. 73, No. 19 / Tuesday, January 29, 2008 / Notices circumstances. If the March 31 date is not met by an insurer, Treasury will expect the insurer to demonstrate, when submitting a claim for the Federal share of compensation under the Program, why it could not comply by that date. May an insurer still use NAIC Model Disclosure Forms to meet the disclosure requirement for property and casualty insurance policies? Under 31 CFR 50.17(e) of the TRIA regulations, insurers are permitted to use NAIC Model Disclosure Forms No. 1 and 2 to satisfy the disclosure requirements of section 103(b)(2) of the Act, provided that the insurer uses the most current forms that are available at the time of disclosure and the current forms are deemed to satisfy the disclosure requirements of the Act. The National Association of Insurance Commissioners (NAIC) has recently modified the forms and Treasury has deemed the newly modified forms to satisfy the disclosure requirements, including the cap disclosure requirement. The new forms will be found on the Treasury Web site at http://www.treasury.gov/trip. Insurers are not required to use the NAIC forms, and may use other means to comply with the disclosure requirements. Dated: January 22, 2008. Taiya Smith, Executive Secretary. [FR Doc. E8–1467 Filed 1–28–08; 8:45 am] BILLING CODE 4811–42–P DEPARTMENT OF THE TREASURY Fiscal Service Financial Management Service; Proposed Collection of Information: CMIA Annual Report and Direct Cost Claims Financial Management Service, Fiscal Service, Treasury. ACTION: Notice and Request for comments. sroberts on PROD1PC70 with NOTICES 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 the ‘‘CMIA Annual Report and Direct Cost Claims.’’ DATES: Written comments should be received on or before March 31, 2008. ADDRESSES: Direct all written comments to Financial Management Service, 3700 VerDate Aug<31>2005 22:52 Jan 28, 2008 Jkt 214001 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 Victor Poore, Office of the Director of Operations, 401 14th Street, SW., Room 423A, Washington, DC 20227, (202) 874–6751. 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: CMIA Annual Report and Direct Cost Claims. OMB Number: 1510–0061. Form Number: None. Abstract: States and Territories must report interest owed to and from the Federal government for major Federal assistance programs on an annual basis. The data is used by Treasury and other Federal agencies to verify State and Federal interest claims, to assess State and Federal cash management practices and to exchange amounts of interest owed. Current Actions: Extension of currently approved collection. Type of Review: Regular. Affected Public: Federal Government, State, Local or Tribal Government. Estimated Number of Respondents: 56. Estimated Time per Respondent: Average of 393.5 hours per state. Estimated Total Annual Burden Hours: 22,036. 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) estimates of capital or start-up costs and costs of operation, SUPPLEMENTARY INFORMATION: PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 5267 maintenance and purchase of services to provide information. Sheryl R. Morrow, Assistant Commissioner, Federal Finance. [FR Doc. 08–348 Filed 1–28–08; 8:45 am] BILLING CODE 4810–35–M DEPARTMENT OF THE TREASURY Office of Thrift Supervision Proposed Agency Information Collection Activities; Comment Request—Financial Management Policies—Interest Rate Risk Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. AGENCY: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the Department of the Treasury will submit the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. Today, OTS is soliciting public comments on its proposal to extend this information collection. DATES: Submit written comments on or before March 31, 2008. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552; send a facsimile transmission to (202) 906–6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS will post comments and the related index on the OTS Internet Site at www.ots.treas.gov. In addition, interested persons may inspect comments at the Public Reading Room, 1700 G Street, and NW., by appointment. To make an appointment, call (202) 906–5922, send an e-mail to public.info@ots.treas.gov, or send a facsimile transmission to (202) 906– 7755. FOR FURTHER INFORMATION CONTACT: You can request additional information about this proposed information collection from Scott Ciardi, (202) 906– 6960, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. E:\FR\FM\29JAN1.SGM 29JAN1 5268 Federal Register / Vol. 73, No. 19 / Tuesday, January 29, 2008 / Notices OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection. Comments should address one or more of the following points: a. Whether the proposed collection of information is necessary for the proper performance of the functions of OTS; b. The accuracy of OTS’s estimate of the burden of the proposed information collection; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of the information collection on respondents, including through the use of information technology. We will summarize the comments that we receive and include them in the OTS request for OMB approval. All comments will become a matter of public record. In this notice, OTS is soliciting comments concerning the following information collection. Title of Proposal: Financial Management Policies-Interest Rate Risk OMB Number: 1550–0094. Form Numbers: N/A. Regulation requirement: 12 CFR parts 563. Description: The purpose of this collection requirement is to ensure that institutions are appropriately managing their exposure to interest rate risk. To comply with this reporting requirement, institutions need to maintain sufficient records for determining how their interest rate risk exposure is being internally monitored and managed, and how their exposure compares with that of other institutions. OTS uses the information in connection with a model to advise savings associations in OTS’s supervision of their activities related to interest rate risk. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit: Estimated Number of Respondents: 832. Estimated Number of Responses: 832. Estimated Time per Respondent: 8 hours. Estimated Frequency of Response: Quarterly; Annually. Estimated Total Burden: 33,280 hours. Clearance Officer: Ira L. Mills, (202) 906–6531, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. sroberts on PROD1PC70 with NOTICES SUPPLEMENTARY INFORMATION: VerDate Aug<31>2005 22:52 Jan 28, 2008 Jkt 214001 Dated: January 24, 2008. Deborah Dakin, Senior Deputy Chief Counsel, Regulations and Legislation Division. [FR Doc. E8–1522 Filed 1–28–08; 8:45 am] BILLING CODE 6720–01–P DEPARTMENT OF THE TREASURY Office of Thrift Supervision Proposed Agency Information Collection Activities; Comment Request—Mutual Holding Company Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. AGENCY: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the Department of the Treasury will submit the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. Today, OTS is soliciting public comments on its proposal to extend this information collection. DATES: Submit written comments on or before March 31, 2008. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552; send a facsimile transmission to (202) 906–6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS will post comments and the related index on the OTS Internet Site at www.ots.treas.gov. In addition, interested persons may inspect comments at the Public Reading Room, 1700 G Street, NW., by appointment. To make an appointment, call (202) 906– 5922, send an e-mail to public.info@ots.treas.gov, or send a facsimile transmission to (202) 906– 7755. You can request additional information about this proposed information collection from Patricia D. Goings, (202) 906–5668, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. FOR FURTHER INFORMATION CONTACT: PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection. Comments should address one or more of the following points: a. Whether the proposed collection of information is necessary for the proper performance of the functions of OTS; b. The accuracy of OTS’s estimate of the burden of the proposed information collection; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of the information collection on respondents, including through the use of information technology. We will summarize the comments that we receive and include them in the OTS request for OMB approval. All comments will become a matter of public record. In this notice, OTS is soliciting comments concerning the following information collection. Title of Proposal: Mutual Holding Company. OMB Number: 1550–0072. Form Numbers: 1522 and 1523 Regulation requirement: 12 CFR parts 575. Description: The OTS analyzes the submitted information to determine whether the applicant meets the statutory and regulatory criteria to form a mutual holding company and/or perform minority stock issuances. Information provided in the notice or application is essential if the OTS is to fulfill its mandate to prevent insider abuse and unsafe and unsound practices by mutual holding companies and their subsidiaries. Minority issuances are not feasible without an application process that includes the review of such information. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 74. Estimated Number of Responses: 74. Estimated Time per Respondent: It will take 400 hours for the MHC–1, 350 hours for the MHC–2, 2 hours for the MHC Dividend Waiver, and 1 hour for the Third Party Notice. Estimated Frequency of Response: On occasion. Estimated Total Burden: 8,275 hours. Clearance Officer: Ira L. Mills, (202) 906–6531, Office of Thrift Supervision, SUPPLEMENTARY INFORMATION: E:\FR\FM\29JAN1.SGM 29JAN1

Agencies

[Federal Register Volume 73, Number 19 (Tuesday, January 29, 2008)]
[Notices]
[Pages 5267-5268]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-1522]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request--Financial Management Policies--Interest Rate Risk

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before March 31, 2008.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS 
will post comments and the related index on the OTS Internet Site at 
www.ots.treas.gov. In addition, interested persons may inspect comments 
at the Public Reading Room, 1700 G Street, and NW., by appointment. To 
make an appointment, call (202) 906-5922, send an e-mail to 
public.info@ots.treas.gov, or send a facsimile transmission to (202) 
906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Scott Ciardi, (202) 
906-6960, Office of Thrift Supervision, 1700 G Street, NW., Washington, 
DC 20552.

[[Page 5268]]


SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
the following information collection.
    Title of Proposal: Financial Management Policies-Interest Rate Risk
    OMB Number: 1550-0094.
    Form Numbers: N/A.
    Regulation requirement: 12 CFR parts 563.
    Description: The purpose of this collection requirement is to 
ensure that institutions are appropriately managing their exposure to 
interest rate risk. To comply with this reporting requirement, 
institutions need to maintain sufficient records for determining how 
their interest rate risk exposure is being internally monitored and 
managed, and how their exposure compares with that of other 
institutions.
    OTS uses the information in connection with a model to advise 
savings associations in OTS's supervision of their activities related 
to interest rate risk.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit:
    Estimated Number of Respondents: 832.
    Estimated Number of Responses: 832.
    Estimated Time per Respondent: 8 hours.
    Estimated Frequency of Response: Quarterly; Annually.
    Estimated Total Burden: 33,280 hours.
    Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: January 24, 2008.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. E8-1522 Filed 1-28-08; 8:45 am]
BILLING CODE 6720-01-P