Proposed Agency Information Collection Activities; Comment Request, 6515-6517 [E8-1930]
Download as PDF
Federal Register / Vol. 73, No. 23 / Monday, February 4, 2008 / Notices
III. Discontinuance of Mailing of Call
Report Forms and Instructions
The banking agencies requested
comment on their plan to discontinue
the mailing of Call Report forms and
instructions for the FFIEC 031 and
FFIEC 041. The agencies’ current
practice is to mail sample forms to
banks only in those quarters when
significant revisions are made to the
report forms. Updates to the Call Report
instruction book have been printed and
mailed to banks in those quarters when
such updates have been issued.
The Call Report forms and their
instructions are available on the FFIEC’s
Web site (https://www.ffiec.gov/
ffiec_report_forms.htm) and the FDIC’s
Web site (https://www.fdic.gov/
regulations/resources/call/)
each quarter before any mailings of the
paper forms and instructions are
completed. A paper copy of the report
forms and instructions can be printed
from the Web sites. In addition, banks
that use Call Report software generally
can print paper copies of blank forms
from their software.
No comments were received on this
issue. The agencies will discontinue
mailing paper Call Report forms and
instructions in 2008, while retaining
their practice of making these materials
available to banks electronically.
IV. Other Matters
On February 14, 2007, the OCC, the
Board, the FDIC, and the OTS requested
comment on a proposed regulatory
capital schedule for collecting Basel IA
risk-based capital data in the Call Report
and the TFR (72 FR 7115). No comments
were received on this proposal. On July
20, 2007, the four agencies announced
an agreement to issue a proposal to
adopt a standardized approach under
the Basel II Accord that would replace
the Basel IA proposal. As a
consequence, the agencies are
withdrawing their Basel IA regulatory
capital reporting proposal. A regulatory
capital reporting proposal for the
standardized approach will be issued
for comment at a later date.
ebenthall on PRODPC61 with NOTICES
V. Paperwork Reduction Act Request
for Comment
Public comment is requested on all
aspects of this joint notice. Comments
are invited on:
(a) Whether the proposed revisions to
the Call Report and TFR collections of
information are necessary for the proper
performance of the agencies’ functions,
including whether the information has
practical utility;
(b) The accuracy of the agencies’
estimates of the burden of the
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16:38 Feb 01, 2008
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information collections as they are
proposed to be revised, including the
validity of the methodology and
assumptions used;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections 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,
maintenance, and purchase of services
to provide information.
Comments submitted in response to
this joint notice will be shared among
the agencies. All comments will become
a matter of public record.
Dated: January 31, 2008.
Stuart E. Feldstein,
Assistant Director, Legislative and Regulatory
Activities Division, Office of the Comptroller
of the Currency.
Board of Governors of the Federal Reserve
System, January 29, 2008.
Jennifer J. Johnson
Secretary of the Board.
Dated at Washington, DC, this 25th day of
January, 2008.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
Dated: January 25, 2008.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and
Legislation Division, Office of Thrift
Supervision.
[FR Doc. E8–2024 Filed 2–1–08; 8:45 am]
BILLING CODES 6720–01–P (25%); 6714–01–P (25%);
6210–01–P (25%); 4810–33–P (25%)
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
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 (PRA), 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
AGENCY:
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Fmt 4703
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6515
inventory of currently approved
collections of information. Copies of the
Paperwork Reduction Act Submission,
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.
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,
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.
DATES: Comments must be submitted on
or before April 4, 2008.
ADDRESSES: You may submit comments,
identified by FR Y–3, FR Y–3N, and FR
Y–4; FR K–1; or FR 1379, 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.comments@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
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Federal Register / Vol. 73, No. 23 / Monday, February 4, 2008 / Notices
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Reserve System, 20th Street and
Constitution Avenue, N.W.,
Washington, DC 20551.
All public comments are available
from the Board’s web site at
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 form in Room MP–500 of the
Board’s Martin Building (20th and C
Streets, N.W.) between 9:00 a.m. and
5:00 p.m. on weekdays.
Additionally, commenters should
send a copy of their comments to the
OMB Desk Officer by mail to the Office
of Information and Regulatory Affairs,
U.S. Office of Management and Budget,
New Executive Office Building, Room
10235, 725 17th Street, NW.,
Washington, DC 20503 or by fax to 202–
395–6974.
FOR FURTHER INFORMATION CONTACT: A
copy of the PRA OMB submission
including, the proposed reporting form
and instructions, supporting statement,
and other documentation will be placed
into OMB’s public docket files, once
approved. These documents will also be
made available on the Federal Reserve
Board’s public website at: https://
www.federalreserve.gov/boarddocs/
reportforms/review.cfm or may be
requested from the agency clearance
officer, whose name appears below.
Michelle Shore, 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.
Proposal to approve under OMB
delegated authority the extension for
three years, with revision, of the
following reports:
1. Report titles: Application for Prior
Approval to Become a Bank Holding
Company or for a Bank Holding
Company to Acquire an Additional
Bank or Bank Holding Company;
Notification for Prior Approval to
Become a Bank Holding Company or for
a Bank Holding Company to Acquire an
Additional Bank or Bank Holding
Company; and Notification for Prior
Approval to Engage Directly or
Indirectly in Certain Nonbanking
Activities
Agency form numbers: FR Y–3, FR Y–
3N, and FR Y–4
OMB control number: 7100–0121
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15:15 Feb 01, 2008
Jkt 214001
Frequency: Event generated
Reporters: Corporations seeking to
become bank holding companies
(BHCs), or BHCs and state chartered
banks that are members of the Federal
Reserve System.
Annual reporting hours: 22,920
Estimated average hours per response:
FR Y–3 Section 3(a)(1): 49; FR Y–3
Section 3(a)(3) and 3(a)(5): 59.5; FR Y–
3N Section 3(a)(1), 3(a)(3), and 3(a)(5): 5;
FR Y–4 Complete notification: 12; FR
Y–4 Expedited notification: 5; and FR
Y–4 Post–consummation: 30 minutes
Number of respondents: 674
General description of report: This
information collection is mandatory (12
U.S.C. 1842(a), 1844(b),and
1843(j)(1)(b)). The forms are designed so
that all information contained in a filing
is available to the public unless the
applicant, notificant, or individual(s)
can substantiate that an exemption
under the Freedom of Information Act
(FOIA) is satisfied.
Abstract: The Federal Reserve
requires the submission of these filings
for regulatory and supervisory purposes
and to allow the Federal Reserve to
fulfill its statutory obligations under the
Bank Holding Company Act of 1956.
These filings collect information on
proposals by bank holding companies
involving formations, acquisitions,
mergers, and nonbanking activities. The
Federal Reserve must obtain this
information to evaluate each individual
transaction with respect to financial and
managerial factors, permissibility,
competitive effects, net public benefits,
and the impact on the convenience and
needs of affected communities.
Current Actions: The proposed
revisions reflect changes to the Federal
Reserve’s Small Bank Holding Company
Policy Statement and the Federal
Reserve’s risk–based and leverage
capital guidelines that were announced
in February 2006. The proposed
revisions also reflect recent changes in
the type of information that the Federal
Reserve requires from filers for purposes
of determining whether information
submitted in a filing may be provided to
the public under the FOIA. Each
proposed revision is intended to make
initial filings more reflective of the
specifically proposed transaction and
thereby reduce the need for subsequent
information requests, which delay the
Federal Reserve’s consideration of a
filing and create additional burden for
filers. In addition, the instructions have
been reformatted to clarify the possible
filings, clarify the legal and financial
requirements for different types of
filings, and provide additional practical
guidance to assist a filer in
understanding the information and
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Frm 00064
Fmt 4703
Sfmt 4703
processing requirements for particular
types of proposals.
2. Report title: International
Applications and Prior Notifications
under Subparts A and C of Regulation
K
Agency form number: FR K–1
OMB control number: 7100–0107
Frequency: Event generated
Reporters: State member banks, Edge
and agreement corporations, bank
holding companies, and certain foreign
banking organizations.
Annual reporting hours: 889
Estimated average hours per response:
Attachments A and B, 11.5 hours;
Attachments C through G, 10 hours;
Attachments H and I, 15.5 hours;
Attachment J, 10 hours; Attachment K,
20 hours
Number of respondents: 29
General description of report: This
information collection is mandatory (12
U.S.C. 601–604(a) and 611–631)) and
(12 U.S.C. 1843(c)(13), 1843(c)(14) and
1844(c)). The applying organization has
the opportunity to request
confidentiality for information that it
believes will qualify for an FOIA
exemption.
Abstract: Subpart A of Regulation K
governs the foreign investments and
activities of member banks, Edge and
agreement corporations, bank holding
companies, and certain investments by
foreign organizations. Subpart C of
Regulation K governs investments in
export trading companies. The FR K–1
information collection contains eleven
attachments for the application and
notification requirements embodied in
Subparts A and C of Regulation K. The
Federal Reserve requires these
applications for regulatory and
supervisory purposes and to allow the
Federal Reserve to fulfill its statutory
obligations under the Federal Reserve
Act and the Bank Holding Company Act
of 1956.
Current Actions: The Federal Reserve
proposes to replace the existing
confidentiality paragraph in the General
Information and Instructions. In
addition, respondents would be
required to make a certification
regarding information contained in the
application.
3. Report titles: Consumer Satisfaction
Questionnaire; Federal Reserve
Consumer Help Center Survey; and
Federal Reserve Consumer Help Online
Complaint Form
Agency form numbers: FR 1379a, FR
1379b, and FR 1379c
OMB control number: 7100–0135
Frequency: Event generated
Reporters: Consumers
Annual reporting hours: 2,037
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Federal Register / Vol. 73, No. 23 / Monday, February 4, 2008 / Notices
ebenthall on PRODPC61 with NOTICES
Estimated average hours per response:
FR 1379a: 5 minutes; FR 1379b: 5
minutes; FR 1379c: 10 minutes.
Number of respondents: FR 1379a:
2,640; FR 1379b: 1,800; FR 1379c:
10,000.
General description of report: This
information collection is voluntary and
authorized by law (15 U.S.C. 57(a)(f)(1)).
While the individual respondent’s
information is confidential, once such
information has been aggregated, the
aggregated information is not
considered confidential. The
information may be aggregated with
responses from other respondents and
released in statistical format while
maintaining the privacy of the
individual respondents. If a respondent
provides information not specifically
solicited on the form, that information
may be exempt from disclosure under
FOIA (5 U.S.C. § 552 (b)(4), (b)(6), or
(b)(7)) upon specific request from the
respondent.
Abstract: The FR 1379 questionnaires
are sent to consumers who have filed
complaints with the Federal Reserve
against state member banks. The
information gathered on the
questionnaires is used to determine
whether consumers are satisfied with
the way the Federal Reserve Bank
handled their complaints and to solicit
suggestions for improving the complaint
investigation process.
Current Actions: The Federal Reserve
proposes to revise the FR 1379
information collection by: (1)
renumbering the current FR 1379 to FR
1379a and reducing the number of
questions from twenty–five to six, (2)
implementing a new voluntary
questionnaire, the Federal Reserve
Consumer Help Center Survey (FR
1379b) to survey consumers about the
Federal Reserve Consumer Help (FRCH)
center, the Federal Reserve System’s
new central intake center for consumer
complaints and inquiries, and (3)
implementing a new voluntary
consumer complaint form, the Federal
Reserve Consumer Help Online
Complaint Form (FR 1379c) to the FRCH
web site1 that would allow consumers
to submit their complaint or inquiry to
the FRCH center electronically. The
proposed changes would be effective
second quarter 2008.
Board of Governors of the Federal Reserve
System, January 30, 2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8–1930 Filed 2–1–08; 8:45 am]
BILLING CODE 6210–01–S
1 See Press Release dated November 19, 2007:
www.federalreserve.gov/newsevents/press/other/
20071119a.htm.
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15:15 Feb 01, 2008
Jkt 214001
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisition of Shares of Bank or Bank
Holding Companies
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire a bank or bank
holding company. The factors that are
considered in acting on the notices are
set forth in paragraph 7 of the Act (12
U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the office of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than February
15, 2008.
A. Federal Reserve Bank of Dallas
(W. Arthur Tribble, Vice President) 2200
North Pearl Street, Dallas, Texas 75201–
2272:
1. William Glover Loftin, to acquire
voting shares of Capital Bancorp, Inc.,
and thereby indirectly acquire voting
shares of Commercial Capital Bank, all
of Delhi, Louisiana.
Board of Governors of the Federal Reserve
System, January 30, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8–1946 Filed 2–1–08; 8:45 am]
BILLING CODE 6210–01–S
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Disease Control and
Prevention
Advisory Board on Radiation and
Worker Health (ABRWH), National
Institute for Occupational Safety and
Health (NIOSH)
In accordance with section 10(a)(2) of
the Federal Advisory Committee Act
(Pub. L. 92–463), the Centers for Disease
Control and Prevention (CDC),
announces the following meeting of the
aforementioned committee:
Time and Date: 11 a.m.–4 p.m., February
20, 2008.
Place: Audio Conference Call. The USA
toll free dial in number is 1 (866) 659–0537.
Passcode is 9933701.
Status: Open to the public, but without a
public comment period.
Background: The Advisory Board was
established under the Energy Employees
Occupational Illness Compensation Program
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Fmt 4703
Sfmt 4703
6517
Act of 2000 to advise the President on a
variety of policy and technical functions
required to implement and effectively
manage the new compensation program. Key
functions of the Advisory Board include
providing advice on the development of
probability of causation guidelines which
have been promulgated by the Department of
Health and Human Services (HHS) as a final
rule, advice on methods of dose
reconstruction which have also been
promulgated by HHS as a final rule, advice
on the scientific validity and quality of dose
estimation and reconstruction efforts being
performed for purposes of the compensation
program, and advice on petitions to add
classes of workers to the Special Exposure
Cohort (SEC).
In December 2000, the President delegated
responsibility for funding, staffing, and
operating the Advisory Board to HHS, which
subsequently delegated this authority to the
CDC. NIOSH implements this responsibility
for CDC. The charter was issued on August
3, 2001, renewed at appropriate intervals,
most recently, August 3, 2007, and will
expire on August 3, 2009.
Purpose: This Advisory Board is charged
with (a) providing advice to the Secretary,
HHS, on the development of guidelines
under Executive Order 13179; (b) providing
advice to the Secretary, HHS, on the
scientific validity and quality of dose
reconstruction efforts performed for this
program; and (c) upon request by the
Secretary, HHS, advising the Secretary on
whether there is a class of employees at any
Department of Energy facility who were
exposed to radiation but for whom it is not
feasible to estimate their radiation dose, and
on whether there is reasonable likelihood
that such radiation doses may have
endangered the health of members of this
class.
Matters To Be Discussed: The agenda for
the conference call includes: Special
Exposure Cohort (SEC) Petition Status
Updates for Chapman Valve and Dow
Chemical; Work Group Updates;
Subcommittee on Dose Reconstruction
Update; Status of transcripts and minutes;
and Board working time and future plans and
meetings.
The agenda is subject to change as
priorities dictate.
Because there is not a public comment
period, written comments may be submitted.
Any written comments received will be
included in the official record of the meeting
and should be submitted to the contact
person below well in advance of the meeting.
Contact Person for More Information: Dr.
Lewis V. Wade, Executive Secretary, NIOSH,
CDC, 4676 Columbia Parkway, Cincinnati,
Ohio 45226, Telephone (513) 533–6825, Fax
(513) 533–6826.
The Director, Management Analysis and
Services Office, has been delegated the
authority to sign Federal Register notices
pertaining to announcements of meetings and
other committee management activities, for
both CDC and the Agency for Toxic
Substances and Disease Registry.
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Agencies
[Federal Register Volume 73, Number 23 (Monday, February 4, 2008)]
[Notices]
[Pages 6515-6517]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-1930]
=======================================================================
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: 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 (PRA),
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 Paperwork Reduction Act
Submission, 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.
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, 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.
DATES: Comments must be submitted on or before April 4, 2008.
ADDRESSES: You may submit comments, identified by FR Y-3, FR Y-3N, and
FR Y-4; FR K-1; or FR 1379, 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.comments@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
[[Page 6516]]
Reserve System, 20th Street and Constitution Avenue, N.W., Washington,
DC 20551.
All public comments are available from the Board's web site at
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 form in Room MP-
500 of the Board's Martin Building (20th and C Streets, N.W.) between
9:00 a.m. and 5:00 p.m. on weekdays.
Additionally, commenters should send a copy of their comments to
the OMB Desk Officer by mail to the Office of Information and
Regulatory Affairs, U.S. Office of Management and Budget, New Executive
Office Building, Room 10235, 725 17th Street, NW., Washington, DC 20503
or by fax to 202-395-6974.
FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission
including, the proposed reporting form and instructions, supporting
statement, and other documentation will be placed into OMB's public
docket files, once approved. These documents will also be made
available on the Federal Reserve Board's public website at: https://
www.federalreserve.gov/boarddocs/reportforms/review.cfm or may be
requested from the agency clearance officer, whose name appears below.
Michelle Shore, 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.
Proposal to approve under OMB delegated authority the extension for
three years, with revision, of the following reports:
1. Report titles: Application for Prior Approval to Become a Bank
Holding Company or for a Bank Holding Company to Acquire an Additional
Bank or Bank Holding Company; Notification for Prior Approval to Become
a Bank Holding Company or for a Bank Holding Company to Acquire an
Additional Bank or Bank Holding Company; and Notification for Prior
Approval to Engage Directly or Indirectly in Certain Nonbanking
Activities
Agency form numbers: FR Y-3, FR Y-3N, and FR Y-4
OMB control number: 7100-0121
Frequency: Event generated
Reporters: Corporations seeking to become bank holding companies
(BHCs), or BHCs and state chartered banks that are members of the
Federal Reserve System.
Annual reporting hours: 22,920
Estimated average hours per response: FR Y-3 Section 3(a)(1): 49;
FR Y-3 Section 3(a)(3) and 3(a)(5): 59.5; FR Y-3N Section 3(a)(1),
3(a)(3), and 3(a)(5): 5; FR Y-4 Complete notification: 12; FR Y-4
Expedited notification: 5; and FR Y-4 Post-consummation: 30 minutes
Number of respondents: 674
General description of report: This information collection is
mandatory (12 U.S.C. 1842(a), 1844(b),and 1843(j)(1)(b)). The forms are
designed so that all information contained in a filing is available to
the public unless the applicant, notificant, or individual(s) can
substantiate that an exemption under the Freedom of Information Act
(FOIA) is satisfied.
Abstract: The Federal Reserve requires the submission of these
filings for regulatory and supervisory purposes and to allow the
Federal Reserve to fulfill its statutory obligations under the Bank
Holding Company Act of 1956. These filings collect information on
proposals by bank holding companies involving formations, acquisitions,
mergers, and nonbanking activities. The Federal Reserve must obtain
this information to evaluate each individual transaction with respect
to financial and managerial factors, permissibility, competitive
effects, net public benefits, and the impact on the convenience and
needs of affected communities.
Current Actions: The proposed revisions reflect changes to the
Federal Reserve's Small Bank Holding Company Policy Statement and the
Federal Reserve's risk-based and leverage capital guidelines that were
announced in February 2006. The proposed revisions also reflect recent
changes in the type of information that the Federal Reserve requires
from filers for purposes of determining whether information submitted
in a filing may be provided to the public under the FOIA. Each proposed
revision is intended to make initial filings more reflective of the
specifically proposed transaction and thereby reduce the need for
subsequent information requests, which delay the Federal Reserve's
consideration of a filing and create additional burden for filers. In
addition, the instructions have been reformatted to clarify the
possible filings, clarify the legal and financial requirements for
different types of filings, and provide additional practical guidance
to assist a filer in understanding the information and processing
requirements for particular types of proposals.
2. Report title: International Applications and Prior Notifications
under Subparts A and C of Regulation K
Agency form number: FR K-1
OMB control number: 7100-0107
Frequency: Event generated
Reporters: State member banks, Edge and agreement corporations,
bank holding companies, and certain foreign banking organizations.
Annual reporting hours: 889
Estimated average hours per response: Attachments A and B, 11.5
hours; Attachments C through G, 10 hours; Attachments H and I, 15.5
hours; Attachment J, 10 hours; Attachment K, 20 hours
Number of respondents: 29
General description of report: This information collection is
mandatory (12 U.S.C. 601-604(a) and 611-631)) and (12 U.S.C.
1843(c)(13), 1843(c)(14) and 1844(c)). The applying organization has
the opportunity to request confidentiality for information that it
believes will qualify for an FOIA exemption.
Abstract: Subpart A of Regulation K governs the foreign investments
and activities of member banks, Edge and agreement corporations, bank
holding companies, and certain investments by foreign organizations.
Subpart C of Regulation K governs investments in export trading
companies. The FR K-1 information collection contains eleven
attachments for the application and notification requirements embodied
in Subparts A and C of Regulation K. The Federal Reserve requires these
applications for regulatory and supervisory purposes and to allow the
Federal Reserve to fulfill its statutory obligations under the Federal
Reserve Act and the Bank Holding Company Act of 1956.
Current Actions: The Federal Reserve proposes to replace the
existing confidentiality paragraph in the General Information and
Instructions. In addition, respondents would be required to make a
certification regarding information contained in the application.
3. Report titles: Consumer Satisfaction Questionnaire; Federal
Reserve Consumer Help Center Survey; and Federal Reserve Consumer Help
Online Complaint Form
Agency form numbers: FR 1379a, FR 1379b, and FR 1379c
OMB control number: 7100-0135
Frequency: Event generated
Reporters: Consumers
Annual reporting hours: 2,037
[[Page 6517]]
Estimated average hours per response: FR 1379a: 5 minutes; FR
1379b: 5 minutes; FR 1379c: 10 minutes.
Number of respondents: FR 1379a: 2,640; FR 1379b: 1,800; FR 1379c:
10,000.
General description of report: This information collection is
voluntary and authorized by law (15 U.S.C. 57(a)(f)(1)). While the
individual respondent's information is confidential, once such
information has been aggregated, the aggregated information is not
considered confidential. The information may be aggregated with
responses from other respondents and released in statistical format
while maintaining the privacy of the individual respondents. If a
respondent provides information not specifically solicited on the form,
that information may be exempt from disclosure under FOIA (5 U.S.C.
Sec. 552 (b)(4), (b)(6), or (b)(7)) upon specific request from the
respondent.
Abstract: The FR 1379 questionnaires are sent to consumers who have
filed complaints with the Federal Reserve against state member banks.
The information gathered on the questionnaires is used to determine
whether consumers are satisfied with the way the Federal Reserve Bank
handled their complaints and to solicit suggestions for improving the
complaint investigation process.
Current Actions: The Federal Reserve proposes to revise the FR 1379
information collection by: (1) renumbering the current FR 1379 to FR
1379a and reducing the number of questions from twenty-five to six, (2)
implementing a new voluntary questionnaire, the Federal Reserve
Consumer Help Center Survey (FR 1379b) to survey consumers about the
Federal Reserve Consumer Help (FRCH) center, the Federal Reserve
System's new central intake center for consumer complaints and
inquiries, and (3) implementing a new voluntary consumer complaint
form, the Federal Reserve Consumer Help Online Complaint Form (FR
1379c) to the FRCH web site\1\ that would allow consumers to submit
their complaint or inquiry to the FRCH center electronically. The
proposed changes would be effective second quarter 2008.
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\1\ See Press Release dated November 19, 2007:
www.federalreserve.gov/newsevents/press/other/20071119a.htm.
Board of Governors of the Federal Reserve System, January 30,
2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8-1930 Filed 2-1-08; 8:45 am]
BILLING CODE 6210-01-S