Proposed Agency Information Collection Activities; Comment Request, 37455-37457 [E8-14847]

Download as PDF sroberts on PROD1PC70 with NOTICES Federal Register / Vol. 73, No. 127 / Tuesday, July 1, 2008 / Notices phone number, should contact Dr. Resha M. Putzrath, Designated Federal Officer (DFO), EPA Science Advisory Board (1400F), U.S. Environmental Protection Agency, 1200 Pennsylvania Avenue, NW., Washington, DC 20460; via telephone/voice mail (202) 343– 9978; fax: (202) 233–0643; or e-mail at putzrath.resha@epa.gov. General information concerning the EPA Science Advisory Board can be found on the SAB Web site at http://www.epa.gov/ sab. SUPPLEMENTARY INFORMATION: Pursuant to FACA, Public Law 92–463, notice is hereby given that the EPA SAB Drinking Water Committee will hold a public teleconference to discuss and finalize its report concerning EPA’s draft Drinking Water Contaminant Candidate List 3 (CCL 3). The SAB was established by 42 U.S.C. 4365 to provide independent scientific and technical advice to the Administrator on the technical basis for Agency positions and regulations. The SAB is a Federal Advisory Committee chartered under the Federal Advisory Committee Act (FACA), as amended, 5 U.S.C., App. The SAB will comply with the provisions of FACA and all appropriate SAB Staff Office procedural policies. Background: The 1996 Safe Drinking Water Act amendments (SDWA) require EPA to (1) publish every five years a list of currently unregulated contaminants in drinking water that may pose risks (the Contaminant Candidate List or ‘‘CCL’’), and (2) make determinations on whether or not to regulate at least five contaminants from that list on a staggered five year cycle. SDWA requires EPA to publish a new list of contaminants that are known or anticipated to occur in public water systems every five years. The draft CCL 3 was published on February 21, 2008 (73 FR 9628) and includes 93 chemicals or chemical groups and 11 microbiological contaminants. The EPA sought comment from the SAB DWC on the draft CCL 3, the approach used to develop the list, and the specific contaminants. The DWC held a public, face-to-face meeting to review the draft CCL 3 on April 23–24, 2008 (announced in 73 FR 12999). At that meeting, the DWC discussed the charge questions, sought clarification from EPA staff, and began to draft comments and recommendations. Materials and public comments from the April meeting are posted on the SAB Web site at http://yosemite.epa.gov/sab/ SABPRODUCT.NSF/MeetingCal/ C990CC08081234288525 73C4007A5B6F?OpenDocument. The purpose of the teleconference on August VerDate Aug<31>2005 21:01 Jun 30, 2008 Jkt 214001 13 is for the DWC to discuss and finalize the draft advisory report. Availability of Meeting Materials: The meeting agenda and draft advisory report will be posted on the SAB Web site at http://www.epa.gov/sab under the calendar entry for that date in advance of the meeting. The draft CCL 3 can be found at http://www.epa.gov/safewater/ ccl/index.html. Procedures for Providing Public Input: Interested members of the public may submit relevant written or oral information for the Drinking Water Committee to consider throughout the advisory process. Oral Statements: In general, individuals or groups requesting an oral presentation at a public SAB teleconference will be limited to three minutes per speaker, with no more than a total of one-half hour for all speakers. To be placed on the public speaker list, interested parties should contact Dr. Resha M. Putzrath, DFO, in writing (via e-mail), by August 4, 2008, at the contact information noted above. Written Statements: Written statements should be received in the SAB Staff Office by August 4, 2008, so that the information may be made available to the SAB DWC for their consideration prior to the teleconference. Written statements should be supplied to the DFO via email to putzrath.resha@epa.gov (acceptable file format: Adobe Acrobat PDF, WordPerfect, MS Word, MS PowerPoint, or Rich Text files in IBM– PC/Windows 98/2000/XP format). Accessibility: For information on access or services for individuals with disabilities, please contact Dr. Resha M. Putzrath at (202) 343–9978 or putzrath.resha@epa.gov. To request accommodation of a disability, please contact Dr. Putzrath, preferably at least ten days prior to the meeting, to give EPA as much time as possible to process your request. Dated: June 24, 2008. Anthony F. Maciorowski, Deputy Director, EPA Science Advisory Board Staff Office. [FR Doc. E8–14881 Filed 6–30–08; 8:45 am] BILLING CODE 6560–50–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. AGENCY: SUMMARY: PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 37455 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 September 2, 2008. ADDRESSES: You may submit comments, identified by FR K–2; FR Y–3F; or FR 2248, by any of the following methods: E:\FR\FM\01JYN1.SGM 01JYN1 37456 Federal Register / Vol. 73, No. 127 / Tuesday, July 1, 2008 / Notices • 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 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 form 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. 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. 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 Web site at: http:// 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. sroberts on PROD1PC70 with NOTICES FOR FURTHER INFORMATION CONTACT: VerDate Aug<31>2005 21:01 Jun 30, 2008 Jkt 214001 Proposal To Approve Under OMB Delegated Authority the Extension for Three Years, With Revision, of the Following Reports 1. Report title: International Applications and Prior Notifications Under Subpart B of Regulation K. Agency form number: FR K–2. OMB control number: 7100–0284. Frequency: On occasion. Reporters: Foreign banks. Annual reporting hours: 630 hours. Estimated average hours per response: 35 hours. Number of respondents: 18. General description of report: This information collection is mandatory (12 U.S.C. 3105, 3107, and 3108). The applying or notifying organization has the opportunity to request confidentiality for information that it believes will qualify for a Freedom of Information Act exemption. Abstract: Foreign banks are required to obtain the prior approval of the Federal Reserve to establish a branch, agency, or representative office; to acquire ownership or control of a commercial lending company in the United States; or to change the status of any existing office in the United States. The Federal Reserve uses the information, in part, to fulfill its statutory obligation to supervise foreign banking organizations with offices in the United States. Current actions: The Federal Reserve proposes to replace the existing confidentiality paragraph in the General Instructions and respondents would be required to make a certification regarding information contained in the application. In addition, the Federal Reserve proposes to revise wording in one of the questions related to the proposed office in Attachments A and B. The change would reflect an amendment to Regulation K that specifically requires U.S. branches, agencies, and other offices (including representative offices) of foreign banks to comply with the Bank Secrecy Act and related regulations. Finally, the Federal Reserve proposes to request an e-mail address on the cover page of FR K–2. 2. Report title: Application for a Foreign Organization to Acquire a Bank Holding Company. Agency form number: FR Y–3F. OMB control number: 7100–0119. Frequency: On occasion. Reporters: Any company organized under the laws of a foreign country seeking to acquire a U.S. subsidiary bank or bank holding company. Annual reporting hours: 580 hours. PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 Estimated average hours per response: Initial application, 90 hours; subsequent application, 70 hours. Number of respondents: Initial application, 1; subsequent application, 7. General description of report: This information collection is required to obtain or retain a benefit under sections 3(a), 3(c), and 5(a) through 5(c) of the Bank Holding Company Act (12 U.S.C. §§ 1842(a) and (c) and 1844(a) through (c)). The information provided in the application is not confidential unless the applicant specifically requests confidentiality and the Federal Reserve approves the request. Abstract: Under the Bank Holding Company Act (BHCA), submission of this application is required for any company organized under the laws of a foreign country seeking to acquire a U.S. subsidiary bank or bank holding company. Applicants must provide financial and managerial information, discuss the competitive effects of the proposed transaction, and discuss how the proposed transaction would enhance the convenience and needs of the community to be served. The Federal Reserve uses the information, in part, to fulfill its supervisory responsibilities with respect to foreign banking organizations in the United States. 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. Finally, the Federal Reserve proposes to request an e-mail address on the cover page of FR Y–3F. There are certain additional proposed changes that are intended to make initial filings more reflective of the proposed transaction and thereby reduce the need for subsequent information requests, which delay the Federal Reserve’s consideration of an application and create additional burden for applicants. 3. Report title: Domestic Finance Company Report of Consolidated Assets and Liabilities Agency form number: FR 2248. OMB control number: 7100–0005. Frequency: Monthly, quarterly, and semi-annually. Reporters: Domestic finance companies and mortgage companies. Annual reporting hours: 317 hours. Estimated average hours per response: Monthly, 18 minutes; quarterly, 27 minutes; semi-annually, 10 minutes. Number of respondents: 70. General description of report: This information collection is voluntary (12 E:\FR\FM\01JYN1.SGM 01JYN1 Federal Register / Vol. 73, No. 127 / Tuesday, July 1, 2008 / Notices U.S.C. 225(a)). Individual respondent data are confidential under section (b)(4) of the Freedom of Information Act (5 U.S.C. 552). Abstract: The monthly FR 2248 report collects balance sheet data on major categories of consumer and business credit receivables, major short-term liabilities, and securitized assets. For quarter-end months (March, June, September, and December), additional asset and liability items are collected to provide a full balance sheet. If the need arises, a special addendum may be used, no more than semi-annually, for timely information on questions of immediate concern to the Federal Reserve. Current actions: The Federal Reserve proposes to split current data item 6, All other assets and accounts and notes receivable, into three separate data items: Cash and cash equivalents (proposed data item 6.A), Securities held (proposed data item 6.B), and All other assets (proposed data item 6.C). These three new data items would result in improved cash and cash equivalents data. In addition, the Federal Reserve proposes to reduce the current authorized panel size from 80 finance companies to 70. These changes would be effective October 31, 2008. Board of Governors of the Federal Reserve System, June 26, 2008. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E8–14847 Filed 6–30–08; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Sunshine Act Meeting Board of Governors of the Federal Reserve System. TIME AND DATE: 11:30 a.m., Monday, July 7, 2008. PLACE: Marriner S. Eccles Federal Reserve Board Building, 20th and C Streets, N.W., Washington, D.C. 20551. STATUS: Closed. MATTERS TO BE CONSIDERED: 1. Personnel actions (appointments, promotions, assignments, reassignments, and salary actions) involving individual Federal Reserve System employees. 2. Any items carried forward from a previously announced meeting. FOR FURTHER INFORMATION CONTACT: Michelle Smith, Director, or Dave Skidmore, Assistant to the Board, Office of Board Members at 202–452–2955. SUPPLEMENTARY INFORMATION: You may call 202–452–3206 beginning at approximately 5 p.m. two business days sroberts on PROD1PC70 with NOTICES AGENCY HOLDING THE MEETING: VerDate Aug<31>2005 21:01 Jun 30, 2008 Jkt 214001 before the meeting for a recorded announcement of bank and bank holding company applications scheduled for the meeting; or you may contact the Board’s Web site at http:// www.federalreserve.gov for an electronic announcement that not only lists applications, but also indicates procedural and other information about the meeting. Board of Governors of the Federal Reserve System, June 27, 2008. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 08–1403 Filed 6–27–08; 12:53 pm] BILLING CODE 6210–01–S FEDERAL TRADE COMMISSION Agency Information Collection Activities; Proposed Collection; Comment Request Federal Trade Commission (‘‘FTC’’ or ‘‘Commission’’). AGENCY: ACTION: Notice. SUMMARY: The FTC intends to conduct consumer survey research to advance its understanding of the experiences of consumers who interact with consumer reporting agencies following an incident of identity theft. The results of this research will inform and guide the FTC’s future enforcement and education efforts. Before gathering information, the FTC is seeking public comments on its proposed consumer research. Comments will be considered before the FTC submits a request for Office of Management and Budget (‘‘OMB’’) review under the Paperwork Reduction Act (‘‘PRA’’). Comments must be filed by September 2, 2008. DATES: Interested parties are invited to submit written comments. Comments should refer to ‘‘Consumer Experiences with CRAs Research: FTC File No. P065405,’’ to facilitate the organization of comments. A comment filed in paper form should include this reference both in the text and on the envelope and should be mailed or delivered to the following address: Federal Trade Commission, Room H-135 (Annex J), 600 Pennsylvania Ave., N.W., Washington, D.C. 20580. Because paper mail in the Washington area and at the FTC is subject to delay, please consider submitting your comments in electronic form, as prescribed below. If, however, the comment contains any material for which confidential treatment is requested, it must be filed in paper ADDRESSES: PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 37457 form, and the first page of the document must be clearly labeled ‘‘Confidential.’’1 Comments filed in electronic form should be submitted by following the instructions on the web-based form at: (https://secure.commentworks.com/ftcfactasurvey). To ensure that the Commission considers an electronic comment, you must file it on the webbased form at the (https:// secure.commentworks.com/ftcfactasurvey) weblink. If this notice appears at (www.regulations.gov), you may also file an electronic comment through that website. The Commission will consider all comments that regulations.gov forwards to it. The FTC Act and other laws the Commission administers permit the collection of public comments to consider and use in this proceeding as appropriate. All timely and responsive public comments will be considered by the Commission and will be available to the public on the FTC website, to the extent practicable, at www.ftc.gov. As a matter of discretion, the FTC makes every effort to remove home contact information for individuals from the public comments it receives before placing those comments on the FTC website. More information, including routine uses permitted by the Privacy Act, may be found in the FTC’s privacy policy at (http://www.ftc.gov/ftc/ privacy.htm). FOR FURTHER INFORMATION CONTACT: Requests for additional information should be addressed to Pavneet Singh or Anthony Rodriguez, Attorneys, Division of Privacy and Identity Protection, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue, N.W., Mail Stop NJ-3158, Washington, DC 20580, (202) 326-2252. SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501-3521, federal agencies must obtain approval from OMB for each collection of information they conduct or sponsor. ‘‘Collection of information’’ means agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. 44 U.S.C. 3502(3); 5 CFR 1320.3(c). As required by section 3506(c)(2)(A) of the PRA, the FTC is providing this opportunity for public comment before requesting that 1 Commission Rule 4.2(d), 16 CFR 4.2(d). The comment must be accompanied by an explicit request for confidential treatment, including the factual and legal basis for the request, and must identify the specific portions of the comment to be withheld from the public record. The request will be granted or denied by the Commission’s General Counsel, consistent with applicable law and the public interest. See Commission Rule 4.9(c), 16 CFR 4.9(c). E:\FR\FM\01JYN1.SGM 01JYN1

Agencies

[Federal Register Volume 73, Number 127 (Tuesday, July 1, 2008)]
[Notices]
[Pages 37455-37457]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-14847]


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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 September 2, 2008.

ADDRESSES: You may submit comments, identified by FR K-2; FR Y-3F; or 
FR 2248, by any of the following methods:

[[Page 37456]]

     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 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 form 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.
    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 Web site at: http://
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 title: International Applications and Prior Notifications 
Under Subpart B of Regulation K.
    Agency form number: FR K-2.
    OMB control number: 7100-0284.
    Frequency: On occasion.
    Reporters: Foreign banks.
    Annual reporting hours: 630 hours.
    Estimated average hours per response: 35 hours.
    Number of respondents: 18.
    General description of report: This information collection is 
mandatory (12 U.S.C. 3105, 3107, and 3108). The applying or notifying 
organization has the opportunity to request confidentiality for 
information that it believes will qualify for a Freedom of Information 
Act exemption.
    Abstract: Foreign banks are required to obtain the prior approval 
of the Federal Reserve to establish a branch, agency, or representative 
office; to acquire ownership or control of a commercial lending company 
in the United States; or to change the status of any existing office in 
the United States. The Federal Reserve uses the information, in part, 
to fulfill its statutory obligation to supervise foreign banking 
organizations with offices in the United States.
    Current actions: The Federal Reserve proposes to replace the 
existing confidentiality paragraph in the General Instructions and 
respondents would be required to make a certification regarding 
information contained in the application. In addition, the Federal 
Reserve proposes to revise wording in one of the questions related to 
the proposed office in Attachments A and B. The change would reflect an 
amendment to Regulation K that specifically requires U.S. branches, 
agencies, and other offices (including representative offices) of 
foreign banks to comply with the Bank Secrecy Act and related 
regulations. Finally, the Federal Reserve proposes to request an e-mail 
address on the cover page of FR K-2.
    2. Report title: Application for a Foreign Organization to Acquire 
a Bank Holding Company.
    Agency form number: FR Y-3F.
    OMB control number: 7100-0119.
    Frequency: On occasion.
    Reporters: Any company organized under the laws of a foreign 
country seeking to acquire a U.S. subsidiary bank or bank holding 
company.
    Annual reporting hours: 580 hours.
    Estimated average hours per response: Initial application, 90 
hours; subsequent application, 70 hours.
    Number of respondents: Initial application, 1; subsequent 
application, 7.
    General description of report: This information collection is 
required to obtain or retain a benefit under sections 3(a), 3(c), and 
5(a) through 5(c) of the Bank Holding Company Act (12 U.S.C. Sec. Sec.  
1842(a) and (c) and 1844(a) through (c)). The information provided in 
the application is not confidential unless the applicant specifically 
requests confidentiality and the Federal Reserve approves the request.
    Abstract: Under the Bank Holding Company Act (BHCA), submission of 
this application is required for any company organized under the laws 
of a foreign country seeking to acquire a U.S. subsidiary bank or bank 
holding company. Applicants must provide financial and managerial 
information, discuss the competitive effects of the proposed 
transaction, and discuss how the proposed transaction would enhance the 
convenience and needs of the community to be served. The Federal 
Reserve uses the information, in part, to fulfill its supervisory 
responsibilities with respect to foreign banking organizations in the 
United States.
    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. 
Finally, the Federal Reserve proposes to request an e-mail address on 
the cover page of FR Y-3F. There are certain additional proposed 
changes that are intended to make initial filings more reflective of 
the proposed transaction and thereby reduce the need for subsequent 
information requests, which delay the Federal Reserve's consideration 
of an application and create additional burden for applicants.
    3. Report title: Domestic Finance Company Report of Consolidated 
Assets and Liabilities
    Agency form number: FR 2248.
    OMB control number: 7100-0005.
    Frequency: Monthly, quarterly, and semi-annually.
    Reporters: Domestic finance companies and mortgage companies.
    Annual reporting hours: 317 hours.
    Estimated average hours per response: Monthly, 18 minutes; 
quarterly, 27 minutes; semi-annually, 10 minutes.
    Number of respondents: 70.
    General description of report: This information collection is 
voluntary (12

[[Page 37457]]

U.S.C. 225(a)). Individual respondent data are confidential under 
section (b)(4) of the Freedom of Information Act (5 U.S.C. 552).
    Abstract: The monthly FR 2248 report collects balance sheet data on 
major categories of consumer and business credit receivables, major 
short-term liabilities, and securitized assets. For quarter-end months 
(March, June, September, and December), additional asset and liability 
items are collected to provide a full balance sheet. If the need 
arises, a special addendum may be used, no more than semi-annually, for 
timely information on questions of immediate concern to the Federal 
Reserve.
    Current actions: The Federal Reserve proposes to split current data 
item 6, All other assets and accounts and notes receivable, into three 
separate data items: Cash and cash equivalents (proposed data item 
6.A), Securities held (proposed data item 6.B), and All other assets 
(proposed data item 6.C). These three new data items would result in 
improved cash and cash equivalents data. In addition, the Federal 
Reserve proposes to reduce the current authorized panel size from 80 
finance companies to 70. These changes would be effective October 31, 
2008.

    Board of Governors of the Federal Reserve System, June 26, 2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8-14847 Filed 6-30-08; 8:45 am]
BILLING CODE 6210-01-P