Voluntary Testing and Enrollment for a New Method of Submitting Applications, Notices, and Other Requests for Regulatory Authorization, 23251-23252 [E8-9326]

Download as PDF Federal Register / Vol. 73, No. 83 / Tuesday, April 29, 2008 / Notices appropriate. The final ICR package will then be submitted to OMB for review and approval pursuant to 5 CFR 1320.12. At that time, EPA will issue another Federal Register notice pursuant to 5 CFR 1320.5(a)(1)(iv) to announce the submission of the ICR to OMB and the opportunity to submit additional comments to OMB. If you have any questions about this ICR or the approval process, please contact the technical person listed under FOR FURTHER INFORMATION CONTACT. Dated: April 17, 2008. Jenny N. Edmonds, Acting Director, Office of Air Quality Planning and Standards. [FR Doc. E8–8960 Filed 4–28–08; 8:45 am] BILLING CODE 6560–50–M FEDERAL MARITIME COMMISSION Notice of Meeting AGENCY HOLDING THE MEETING: Federal Maritime Commission. TIME AND DATE: April 30, 2008—9:30 a.m. PLACE: 800 North Capitol Street, NW., First Floor Hearing Room, Washington, DC. STATUS: Part of the Meeting will be held in Open Session and the remainder of the meeting will be held in Closed Session. MATTERS TO BE CONSIDERED: Open Session 1. FMC Meetings Processes/ Procedures. 2. 2007 Annual Employee Survey. 3. OIG Semiannual Report to the Congress covering the period October 1, 2007—March 31, 2008. 4. Docket No. 06–05—Verucci Motorcycles LLC v. Senator International Ocean LLC sroberts on PROD1PC70 with NOTICES Closed Session 1. Internal Administrative Practices and Personnel Matters. 2. Direction to Staff Regarding Budget Hearing Committee Requests. 3. FMC Agreement No. 201178—Los Angeles/Long Beach Port ITerminal Operator Administration and Implementation Agreement. Contact Person For More Information: Karen V. Gregory, Assistant Secretary, (202) 523–5725. Karen V. Gregory, Assistant Secretary. [FR Doc. E8–9280 Filed 4–28–08; 8:45 am] BILLING CODE 6730–01–M VerDate Aug<31>2005 21:01 Apr 28, 2008 Jkt 214001 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 applications 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 must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than May 23, 2008. A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105– 1521: 1. Integrity Bancshares, Inc.; to become a bank holding company by acquiring 100 percent of the voting shares of Integrity Bank, both of Camp Hill, Pennsylvania. B. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566: 1. Whitaker Bank Corporation of Kentucky, Lexington, Kentucky; to acquire 100 percent of the voting shares of State Financial Services, Inc., and thereby indirectly acquire voting shares of State Bank and Trust, both of Harrodsburg, Kentucky. C. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs PO 00000 Frm 00074 Fmt 4703 Sfmt 4703 23251 Officer) 411 Locust Street, St. Louis, Missouri 63166–2034: 1. Twin Lakes Bancshares, Inc.; to become a bank holding company by acquiring 100 percent of the voting shares of Twin Lakes Community Bank, both of Flippin, Arkansas, and Bank of Salem, Salem, Arkansas. 2. First National Corporation of Wynne, Wynne, Arkansas; to acquire 35 percent of the voting shares of Twin Lakes Bancshares, Inc., and thereby indirectly retain voting shares of Twin Lakes Community Bank, both of Flippin, Arkansas, and also indirectly acquire voting shares of Bank of Salem, Salem, Arkansas. Board of Governors of the Federal Reserve System, April 23, 2008. Margaret McCloskey Shanks, Associate Secretary of the Board. [FR Doc.E8–9241 Filed 4–28–08; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM Voluntary Testing and Enrollment for a New Method of Submitting Applications, Notices, and Other Requests for Regulatory Authorization Board of Governors of the Federal Reserve System. SUMMARY: The Board of Governors of the Federal Reserve System (Federal Reserve) proposes to implement an electronic system for the submission of applications, notices, and other requests for regulatory authorization to the Federal Reserve System by insured depository institutions, bank holding companies (BHCs), foreign banking organizations (FBOs), other entities, individuals, or groups (collectively, filers) under the Federal Reserve Act, Bank Holding Company Act, Bank Merger Act, Change in Bank Control Act, the International Banking Act of 1978, and the Federal Reserve’s regulations implementing these statutes. As a part of this process the Federal Reserve would implement an authentication system to authorize filers and their designated agents to access the Electronic Applications system (E-Apps) and submit filings. To identify any unresolved issues with (E-Apps), the Federal Reserve proposes to establish a testing program involving a limited number of filers that would be willing to provide written and oral feedback regarding the authentication and testing processes. DATES: Pilot Phase Timeframe: Second and Third Quarters 2008. System Enrollment and Implementation Phase Timeframe: Beginning Fourth Quarter 2008. AGENCY: E:\FR\FM\29APN1.SGM 29APN1 23252 Federal Register / Vol. 73, No. 83 / Tuesday, April 29, 2008 / Notices FOR FURTHER INFORMATION CONTACT: Michael Sexton, Manager (202–452– 3009) or Vaishali Sack, Supervisory Financial Analyst (202–452–5221), Division of Banking Supervision and Regulation, Board of Governors of the Federal Reserve System; 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. For users of Telecommunications Device for the Deaf (‘‘TDD’’) only, contact (202) 263–4869. SUPPLEMENTARY INFORMATION: sroberts on PROD1PC70 with NOTICES I. Background The Federal Reserve is developing an electronic system for the submission of applications, notices, and other requests for regulatory authorization (collectively, filings) by filers to the Federal Reserve. The Government Paperwork Elimination Act of 1998 (GPEA) generally requires federal executive agencies to use electronic forms and electronic filings to conduct official business with the public when practicable. The Federal Reserve, which complies with GPEA, has elected to provide a web-based system for the electronic submission of filings, in order to reduce substantially the Federal Reserve’s reliance on its current, paperbased submission processes. This electronic system, E-Apps, is currently under development. Although the use of E-Apps would be voluntary for filers, the Federal Reserve anticipates that the electronic submission of filings through E-Apps would reduce the burden filers experience with current requirements for paper-based submissions. Therefore, filers who voluntarily choose to submit filings through E-Apps would save the time and expense associated with photocopying and mailing or otherwise filing copies. In order to provide sufficient assurances of authentication, data integrity, data confidentiality and nonrepudiation, and sufficient security for the information transmitted in filed documents, filers and their designated agents must be authenticated to access E-Apps and submit filings to the Federal Reserve. Filers or their designated representatives (employees or agents) who elect to submit filings through EApps will be required to first obtain VerDate Aug<31>2005 21:01 Apr 28, 2008 Jkt 214001 digital certificates from the Federal Reserve. The process for requesting certificates will be similar to the process currently in place for using certain financial services provided by the Federal Reserve. Information, forms, and instructions regarding the certificate request process will be available on the Federal Reserve’s public Web site (https://www.federalreserve.gov/). II. Testing and Enrollment This notice announces the voluntary testing and mandatory enrollment for EApps. Enrollment is mandatory only if the filer elects to use the E-Apps system. As discussed below, the testing and enrollment will be conducted in two phases: The Pilot phase and the System Enrollment and Implementation phase. The Federal Reserve anticipates that the phases will be conducted according to the following schedule: The Pilot phase would be conducted for approximately two months during the second quarter of 2008. The System Enrollment and Implementation phase would begin in the fourth quarter of 2008 with Enrollment and continue with Implementation beginning in the first quarter of 2009. As part of the testing, each participating filer would be expected to enroll in E-Apps. The Federal Reserve would issue digital certificates to properly documented subscribers. • Pilot Phase: This phase would begin approximately in June 2008 and would be conducted for two months. The Pilot phase would include approximately twenty filers and subscribers (individuals who are authorized to submit filings on behalf of filers) as voluntary participants. Participants in the Pilot phase would access the E-Apps system and would submit at least one filing through the EApps system on behalf of each filer. The Federal Reserve would distribute filing instructions to each participating filer and subscriber and provide assistance as necessary. Pilot phase participants would be asked to provide written and oral feedback regarding the certificate and filing processes, the EApps system, and any customer support they receive during the Pilot phase. The comments and recommendations received from the participants would be analyzed to identify issues. The Pilot phase, along with the feedback, would help the Federal Reserve identify any PO 00000 Frm 00075 Fmt 4703 Sfmt 4703 unresolved issues with the E-Apps system before the System Enrollment and Implementation Timeframe. • System Enrollment and Implementation Phase: Enrollment in the E-Apps System would be available for all filers and their designated representatives (employees or agents) beginning in the fourth quarter of 2008, and would be mandatory for filers who want to submit filings to the Federal Reserve through E-Apps. Filers and subscribers that participated in the Pilot phase would be able to submit filings using the certificates previously issued to them. All other filers and their designated representatives would be required to submit the appropriate paperwork and follow the digital certificate request procedures outlined above. Implementation of the E-Apps System would begin in the first quarter of 2009. Board of Governors of the Federal Reserve System, April 24, 2008. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E8–9326 Filed 4–28–08; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Administration for Children and Families Submission for OMB Review; Comment Request Title: Application Requirements for the Low Income Home Energy Assistance Program (LIHEAP) Model Plan. OMB No.: 0970–0075. Description: States, including the District of Columbia, Tribes, tribal organizations and territories applying for LIHEAP block grant funds must submit an annual application (Model Plan) that meets the LIHEAP statutory and regulatory requirements prior to receiving Federal funds. A detailed application must be submitted every 3 years. Abbreviated applications may be submitted in alternate years. There have been no changes in the Model Plan. Respondents: State Governments, Tribal Governments, Insular Areas, the District of Columbia, and the Commonwealth of Puerto Rico E:\FR\FM\29APN1.SGM 29APN1

Agencies

[Federal Register Volume 73, Number 83 (Tuesday, April 29, 2008)]
[Notices]
[Pages 23251-23252]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-9326]


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

FEDERAL RESERVE SYSTEM


Voluntary Testing and Enrollment for a New Method of Submitting 
Applications, Notices, and Other Requests for Regulatory Authorization

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Federal 
Reserve) proposes to implement an electronic system for the submission 
of applications, notices, and other requests for regulatory 
authorization to the Federal Reserve System by insured depository 
institutions, bank holding companies (BHCs), foreign banking 
organizations (FBOs), other entities, individuals, or groups 
(collectively, filers) under the Federal Reserve Act, Bank Holding 
Company Act, Bank Merger Act, Change in Bank Control Act, the 
International Banking Act of 1978, and the Federal Reserve's 
regulations implementing these statutes. As a part of this process the 
Federal Reserve would implement an authentication system to authorize 
filers and their designated agents to access the Electronic 
Applications system (E-Apps) and submit filings. To identify any 
unresolved issues with (E-Apps), the Federal Reserve proposes to 
establish a testing program involving a limited number of filers that 
would be willing to provide written and oral feedback regarding the 
authentication and testing processes.

DATES: Pilot Phase Timeframe: Second and Third Quarters 2008.
    System Enrollment and Implementation Phase Timeframe: Beginning 
Fourth Quarter 2008.

[[Page 23252]]


FOR FURTHER INFORMATION CONTACT: Michael Sexton, Manager (202-452-3009) 
or Vaishali Sack, Supervisory Financial Analyst (202-452-5221), 
Division of Banking Supervision and Regulation, Board of Governors of 
the Federal Reserve System; 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. 
For users of Telecommunications Device for the Deaf (``TDD'') only, 
contact (202) 263-4869.

SUPPLEMENTARY INFORMATION: 

I. Background

    The Federal Reserve is developing an electronic system for the 
submission of applications, notices, and other requests for regulatory 
authorization (collectively, filings) by filers to the Federal Reserve. 
The Government Paperwork Elimination Act of 1998 (GPEA) generally 
requires federal executive agencies to use electronic forms and 
electronic filings to conduct official business with the public when 
practicable. The Federal Reserve, which complies with GPEA, has elected 
to provide a web-based system for the electronic submission of filings, 
in order to reduce substantially the Federal Reserve's reliance on its 
current, paper-based submission processes. This electronic system, E-
Apps, is currently under development.
    Although the use of E-Apps would be voluntary for filers, the 
Federal Reserve anticipates that the electronic submission of filings 
through E-Apps would reduce the burden filers experience with current 
requirements for paper-based submissions. Therefore, filers who 
voluntarily choose to submit filings through E-Apps would save the time 
and expense associated with photocopying and mailing or otherwise 
filing copies.
    In order to provide sufficient assurances of authentication, data 
integrity, data confidentiality and non-repudiation, and sufficient 
security for the information transmitted in filed documents, filers and 
their designated agents must be authenticated to access E-Apps and 
submit filings to the Federal Reserve. Filers or their designated 
representatives (employees or agents) who elect to submit filings 
through E-Apps will be required to first obtain digital certificates 
from the Federal Reserve. The process for requesting certificates will 
be similar to the process currently in place for using certain 
financial services provided by the Federal Reserve. Information, forms, 
and instructions regarding the certificate request process will be 
available on the Federal Reserve's public Web site (https://
www.federalreserve.gov/).

II. Testing and Enrollment

    This notice announces the voluntary testing and mandatory 
enrollment for E-Apps. Enrollment is mandatory only if the filer elects 
to use the E-Apps system. As discussed below, the testing and 
enrollment will be conducted in two phases: The Pilot phase and the 
System Enrollment and Implementation phase. The Federal Reserve 
anticipates that the phases will be conducted according to the 
following schedule: The Pilot phase would be conducted for 
approximately two months during the second quarter of 2008. The System 
Enrollment and Implementation phase would begin in the fourth quarter 
of 2008 with Enrollment and continue with Implementation beginning in 
the first quarter of 2009.
    As part of the testing, each participating filer would be expected 
to enroll in E-Apps. The Federal Reserve would issue digital 
certificates to properly documented subscribers.
     Pilot Phase: This phase would begin approximately in June 
2008 and would be conducted for two months. The Pilot phase would 
include approximately twenty filers and subscribers (individuals who 
are authorized to submit filings on behalf of filers) as voluntary 
participants. Participants in the Pilot phase would access the E-Apps 
system and would submit at least one filing through the E-Apps system 
on behalf of each filer.
    The Federal Reserve would distribute filing instructions to each 
participating filer and subscriber and provide assistance as necessary. 
Pilot phase participants would be asked to provide written and oral 
feedback regarding the certificate and filing processes, the E-Apps 
system, and any customer support they receive during the Pilot phase. 
The comments and recommendations received from the participants would 
be analyzed to identify issues. The Pilot phase, along with the 
feedback, would help the Federal Reserve identify any unresolved issues 
with the E-Apps system before the System Enrollment and Implementation 
Timeframe.
     System Enrollment and Implementation Phase: Enrollment in 
the E-Apps System would be available for all filers and their 
designated representatives (employees or agents) beginning in the 
fourth quarter of 2008, and would be mandatory for filers who want to 
submit filings to the Federal Reserve through E-Apps. Filers and 
subscribers that participated in the Pilot phase would be able to 
submit filings using the certificates previously issued to them. All 
other filers and their designated representatives would be required to 
submit the appropriate paperwork and follow the digital certificate 
request procedures outlined above. Implementation of the E-Apps System 
would begin in the first quarter of 2009.

    Board of Governors of the Federal Reserve System, April 24, 
2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
 [FR Doc. E8-9326 Filed 4-28-08; 8:45 am]
BILLING CODE 6210-01-P
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