Agency Information Collection Activities: Proposed Collection Renewals (0022; 0027; 0029; 0061; 0113); Comment Request, 43934-43935 [E8-17256]

Download as PDF jlentini on PROD1PC65 with NOTICES 43934 Federal Register / Vol. 73, No. 146 / Tuesday, July 29, 2008 / Notices Nature of Extent of Confidentiality: This collection addresses information of a confidential nature for two of these reports. Respondents have requested and filed for confidential treatment of information they believe should be withheld from public inspection under 47 CFR Section 0.459 of the Commission’s rules. Needs and Uses: FCC Report 43–02 contains company-wide data for each account specified in the Uniform System of Accounts (USOA). It provides the annual operating results of the carriers’ activities for every account in the USOA. In this report, we are adjusting the number of carriers filing the 43–02 ARMIS report from 28 respondents to 26 to reflect the sale of two respondents. We are also increasing the burden hours to reflect the Commission’s requirement in its Report and Order and Memorandum Opinion and Order (MOO) released August 31, 2007. The Commission required AT&T, Qwest, and Verizon to include the imputation charges it debits to account 5280 accompanied by an explanatory footnote for each line item identifying the amount imputed in three ARMIS report filings. The MOO required this information in FCC Reports 43–01, ARMIS Annual Summary Report; 43– 02, ARMIS USOA Report; and, 43–03, ARMIS Joint Cost Report. ARMIS Report 43–05 collects data at the study level and holding company level and is designed to capture trends in service quality under price cap regulation. It provides service quality information in the areas of interexchange access service installation and repair intervals, local service installation and repair intervals, trunk blockage, and total switch downtime for price cap companies. We are adjusting the number of respondents submitting the 43–05 from 15 to 14 to reflect the merger of two respondents and the spinoff of their landline business. ARMIS Report 43–07 is designed to capture trends in telephone industry infrastructure development under price cap regulation. It provides switch deployment and capabilities data. The information is also part of the data necessary to support the Commission’s audit and other oversight functions. The data provide the necessary detail to enable the Commission to fulfill its regulatory responsibility. There are no changes to the ARMIS Report 43–07. OMB Control Number: 3060–0410. Title: Forecast of Investment Usage Report, FCC Report 495A; and Actual Usage of Investment Report. Report Number, FCC Reports 495B. Form Numbers: FCC Reports 495–A and 495–B. VerDate Aug<31>2005 16:12 Jul 28, 2008 Jkt 214001 Type of Review: Revision of a currently approved collection. Respondents: Business or other forprofit. Number of Respondents and Responses: 70 respondents; 140 responses. Estimated Time per Response: 40 hours. Obligation to Respond: Mandatory— The ARMIS reporting requirements were established by the Commission in 1987 to facilitate the timely and efficient analysis of carrier operating costs and rates of return, to provide an improved basis for audits and other oversight functions, and to enhance the Commission’s ability to quantify the effects of alternative policy proposals. Additional ARMIS Reports were added in 1991 and 1992. Incumbent LECs must submit the ARMIS reports to the Commission annually on or before April 1. See Reporting Requirements of Certain Class A and Tier I Telephone Companies (Parts 31, 43, 67 and 69 of the FCC’s Rules), Order, 2 FCC Rcd 5770 (1987), modified on recon, 3 FCC Rcd 6375 (1988) (ARMIS Order). Also, see 47 CFR Part 43, Section 43.21. Frequency of Response: Annual reporting requirement. Total Annual Burden: 5,600 hours. Total Annual Cost: $0.00. Privacy Act Impact Assessment: No impacts. Nature of Extent of Confidentiality: This collection addresses information of a confidential nature. Respondents have requested and filed for confidential treatment of information they believe should be withheld from public inspection under 47 CFR Section 0.459 of the Commission’s rules. Needs and Uses: The 495A Report provides the forecast and resulting investment allocation incorporated in a carrier’s cost support for its access tariff. The 495B Report enables the Commission’s staff to monitor actual and forecasted investment use. These reports help ensure that the regulated operations of the carriers do not subsidize the nonregulated operations of those same carriers. This information is also a part of the data necessary to support the Commission’s audit and other oversight functions. The data provide the necessary detail to enable the Commission to fulfill it regulatory responsibility. There are no changes to the ARMIS Reports 495A and 495B. On April 24, 2008, the Commission granted AT&T’s and BellSouth’s petitions for forbearance from, among other things, certain ARMIS reporting requirements, conditioned upon Commission approval of an AT&T compliance plan describing how it will PO 00000 Frm 00023 Fmt 4703 Sfmt 4703 continue to fulfill its statutory and regulatory obligations and the conditions of the order. See Petition of AT&T Inc. for Forbearance Under 47 U.S.C. 160 From Enforcement of Certain of the Commission’s Cost Assignment Rules; Petition of AT&T Inc. for Forbearance Under 47 U.S.C. 160 From Enforcement of Certain of the Commission’s Cost Assignment Rules, FCC 08–120 (rel. April 24, 2008). As a result, upon approval of the compliance plan, AT&T and BellSouth no longer will be required to file ARMIS Report 43–04, and FCC Forms 492, 495A and 495B. Id. at para.. 12 n.36. Subsequently, on May 23, 2008, Verizon and Qwest requested that the Commission grant the same forbearance to them. The Commission has sought comment on that request, with comments filed June 26, 2008, and replies filed July 7, 2008. See Comment Dates Set On Request of Verizon and Qwest to Extend Forbearance Relief from Cost Assignment Rules, DA 08– 1361 (rel. June 6, 2008). Federal Communications Commission. Marlene H. Dortch, Secretary. [FR Doc. E8–17346 Filed 7–28–08; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Proposed Collection Renewals (0022; 0027; 0029; 0061; 0113); Comment Request Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: SUMMARY: The FDIC, 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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comments concerning the following collections of information titled: (1) Uniform Application/Uniform Termination for Municipal Securities Principal or Representative; (2) Request for Deregistration for Registered Transfer Agents; (3) Notification of Performance of Bank Services; (4) Summary of Deposits; and (5) External Audits. DATES: Comments must be submitted on or before September 29, 2008. E:\FR\FM\29JYN1.SGM 29JYN1 Federal Register / Vol. 73, No. 146 / Tuesday, July 29, 2008 / Notices Interested parties are invited to submit written comments to Herbert J. Messite, Counsel, 202–898–6834, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 20429. All comments should refer to (1) Uniform Application/Uniform Termination for Municipal Securities Principal or Representative; (2) Request for Deregistration for Registered Transfer Agents; (3) Notification of Performance of Bank Services; (4) Summary of Deposits or (5) External Audits. Comments may be hand-delivered to the guard station at the rear of the 550 17th Street Building (located on F Street), on business days between 7 a.m. and 5 p.m. [FAX number 202–898–3838; e-mail address: comments@fdic.gov]. Comments may be inspected and photocopied in the FDIC Public Information Center, 801 17th Street, NW., Room 100, Washington, DC, between 9 a.m. and 4:30 p.m. on business days. A copy of the comments may also be submitted to the OMB desk officer for the FDIC, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 3208, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Herbert J. Messite, at the address identified above. SUPPLEMENTARY INFORMATION: ADDRESSES: jlentini on PROD1PC65 with NOTICES Proposal To Renew the Following Currently Approved Collections of Information 1. Title: Uniform Application/ Uniform Termination for Municipal Securities Principal or Representative. OMB Number: 3064–0022. Form Number: MSD–4; MSD–5 Frequency of Response: On occasion. Affected Public: Business or other financial institutions. Estimated Number of Respondents: 75. Estimated Time per Response: 1 hour. Total Annual Burden: 75 hours. General Description of Collection: An insured state nonmember bank which serves as a municipal securities dealer must file Form MSD–4 or MSD–5, as applicable, to permit an employee to become associated or to terminate the association with the municipal securities dealer. FDIC uses the form to ensure compliance with the professional requirements for municipal securities dealers in accordance with the rules of the Municipal Securities Rulemaking Board. 2. Title: Request for Deregistration for Registered Transfer Agents. VerDate Aug<31>2005 16:12 Jul 28, 2008 Jkt 214001 OMB Number: 3064–0027. Frequency of Response: On occasion. Affected Public: Business or other financial institutions. Estimated Number of Respondents: 15. Estimated Time per Response: .42 hours. Total Annual Burden: 6.3 hours. General Description of Collection: An insured nonmember bank or a subsidiary of such a bank that functions as a transfer agent may withdraw from registration as a transfer agent by filing a written notice of withdrawal with the FDIC as provided by 12 CFR 341.5. 3. Title: Notification of Performance of Bank Services OMB Number: 3064–0029. Form Number: FDIC 6120/06. Frequency of Response: On occasion. Affected Public: Business or other financial institutions. Estimated Number of Respondents: 412. Estimated Time per Response: 1/2 hour. Total Annual Burden: 206 hours. General Description of Collection: Insured state nonmember banks are required to notify the FDIC, under section 7 of the Bank Service Corporation Act (12 U.S.C. 1867), of the relationship with a bank service corporation. Form FDIC 6120/06 (Notification of Performance of Bank Services) may be used by banks to satisfy the notification requirement. 4. Title: Summary of Deposits. OMB Number: 3064–0061. Form Number: 8020/05 (7–95). Frequency of Response: Annually. Affected Public: All insured financial institutions. Estimated Number of Respondents: 6,000. Average Estimated Time per Response: 3 hours. Total Annual Burden: 18,000 hours. General Description of Collection: The Summary of Deposits annual survey obtains data about the amount of deposits held at each office of all insured banks with branches in the United States. The survey data provides a basis for measuring the competitive impact of bank mergers and has additional use in banking research. 5. Title: External Audits. OMB Number: 3064–0113. Frequency of Response: annually. Affected Public: All insured financial institutions with total assets of $500 Million or more, and other insured financial institutions with total assets of less than $500 Million that voluntarily choose to comply. Estimated Number of Respondents: 5,243. PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 43935 Average Estimated Time per Response: (a) Financial institutions with assets of $1 Billion or more: 69.63 hours; (b) financial institutions with assets of $500 Million, but less than $1 Billion: 8.42 hours; (c) financial institutions with total assets less than $500 Million: 30 minutes. Total Annual Burden: 65,612 hours. General Description of Collection: FDIC’s regulations at 12 CFR 363 establish annual independent audit and reporting requirements for financial institutions with total assets of $500 Million or more. The requirements include the submission of an annual report on their financial statements, recordkeeping about management deliberations regarding external auditing and reports about changes in auditors. The information collected is used to facilitate early identification of problems in financial management at financial institutions. Request for Comment Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the 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 the information collection on respondents, including through the use of automated collection techniques or other forms of information technology. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the collection should be modified prior to submission to OMB for review and approval. Comments submitted in response to this notice also will be summarized or included in the FDIC’s requests to OMB for renewal of these collections. All comments will become a matter of public record. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. E8–17256 Filed 7–28–08; 8:45 am] BILLING CODE 6714–01–P 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 E:\FR\FM\29JYN1.SGM 29JYN1

Agencies

[Federal Register Volume 73, Number 146 (Tuesday, July 29, 2008)]
[Notices]
[Pages 43934-43935]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-17256]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewals (0022; 0027; 0029; 0061; 0113); Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

SUMMARY: The FDIC, 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 proposed and/or 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is 
soliciting comments concerning the following collections of information 
titled: (1) Uniform Application/Uniform Termination for Municipal 
Securities Principal or Representative; (2) Request for Deregistration 
for Registered Transfer Agents; (3) Notification of Performance of Bank 
Services; (4) Summary of Deposits; and (5) External Audits.

DATES: Comments must be submitted on or before September 29, 2008.

[[Page 43935]]


ADDRESSES: Interested parties are invited to submit written comments to 
Herbert J. Messite, Counsel, 202-898-6834, Legal Division, Federal 
Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 
20429. All comments should refer to (1) Uniform Application/Uniform 
Termination for Municipal Securities Principal or Representative; (2) 
Request for Deregistration for Registered Transfer Agents; (3) 
Notification of Performance of Bank Services; (4) Summary of Deposits 
or (5) External Audits. Comments may be hand-delivered to the guard 
station at the rear of the 550 17th Street Building (located on F 
Street), on business days between 7 a.m. and 5 p.m. [FAX number 202-
898-3838; e-mail address: comments@fdic.gov]. Comments may be inspected 
and photocopied in the FDIC Public Information Center, 801 17th Street, 
NW., Room 100, Washington, DC, between 9 a.m. and 4:30 p.m. on business 
days.
    A copy of the comments may also be submitted to the OMB desk 
officer for the FDIC, Office of Information and Regulatory Affairs, 
Office of Management and Budget, New Executive Office Building, Room 
3208, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Herbert J. Messite, at the address 
identified above.

SUPPLEMENTARY INFORMATION:

Proposal To Renew the Following Currently Approved Collections of 
Information

    1. Title: Uniform Application/Uniform Termination for Municipal 
Securities Principal or Representative.
    OMB Number: 3064-0022.
    Form Number: MSD-4; MSD-5
    Frequency of Response: On occasion.
    Affected Public: Business or other financial institutions.
    Estimated Number of Respondents: 75.
    Estimated Time per Response: 1 hour.
    Total Annual Burden: 75 hours.
    General Description of Collection: An insured state nonmember bank 
which serves as a municipal securities dealer must file Form MSD-4 or 
MSD-5, as applicable, to permit an employee to become associated or to 
terminate the association with the municipal securities dealer. FDIC 
uses the form to ensure compliance with the professional requirements 
for municipal securities dealers in accordance with the rules of the 
Municipal Securities Rulemaking Board.

    2. Title: Request for Deregistration for Registered Transfer 
Agents.
    OMB Number: 3064-0027.
    Frequency of Response: On occasion.
    Affected Public: Business or other financial institutions.
    Estimated Number of Respondents: 15.
    Estimated Time per Response: .42 hours.
    Total Annual Burden: 6.3 hours.
    General Description of Collection: An insured nonmember bank or a 
subsidiary of such a bank that functions as a transfer agent may 
withdraw from registration as a transfer agent by filing a written 
notice of withdrawal with the FDIC as provided by 12 CFR 341.5.

    3. Title: Notification of Performance of Bank Services
    OMB Number: 3064-0029.
    Form Number: FDIC 6120/06.
    Frequency of Response: On occasion.
    Affected Public: Business or other financial institutions.
    Estimated Number of Respondents: 412.
    Estimated Time per Response: 1/2 hour.
    Total Annual Burden: 206 hours.
    General Description of Collection: Insured state nonmember banks 
are required to notify the FDIC, under section 7 of the Bank Service 
Corporation Act (12 U.S.C. 1867), of the relationship with a bank 
service corporation. Form FDIC 6120/06 (Notification of Performance of 
Bank Services) may be used by banks to satisfy the notification 
requirement.

    4. Title: Summary of Deposits.
    OMB Number: 3064-0061.
    Form Number: 8020/05 (7-95).
    Frequency of Response: Annually.
    Affected Public: All insured financial institutions.
    Estimated Number of Respondents: 6,000.
    Average Estimated Time per Response: 3 hours.
    Total Annual Burden: 18,000 hours.
    General Description of Collection: The Summary of Deposits annual 
survey obtains data about the amount of deposits held at each office of 
all insured banks with branches in the United States. The survey data 
provides a basis for measuring the competitive impact of bank mergers 
and has additional use in banking research.

    5. Title: External Audits.
    OMB Number: 3064-0113.
    Frequency of Response: annually.
    Affected Public: All insured financial institutions with total 
assets of $500 Million or more, and other insured financial 
institutions with total assets of less than $500 Million that 
voluntarily choose to comply.
    Estimated Number of Respondents: 5,243.
    Average Estimated Time per Response: (a) Financial institutions 
with assets of $1 Billion or more: 69.63 hours; (b) financial 
institutions with assets of $500 Million, but less than $1 Billion: 
8.42 hours; (c) financial institutions with total assets less than $500 
Million: 30 minutes.
    Total Annual Burden: 65,612 hours.
    General Description of Collection: FDIC's regulations at 12 CFR 363 
establish annual independent audit and reporting requirements for 
financial institutions with total assets of $500 Million or more. The 
requirements include the submission of an annual report on their 
financial statements, recordkeeping about management deliberations 
regarding external auditing and reports about changes in auditors. The 
information collected is used to facilitate early identification of 
problems in financial management at financial institutions.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the 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 the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the 
collection should be modified prior to submission to OMB for review and 
approval. Comments submitted in response to this notice also will be 
summarized or included in the FDIC's requests to OMB for renewal of 
these collections. All comments will become a matter of public record.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
 [FR Doc. E8-17256 Filed 7-28-08; 8:45 am]
BILLING CODE 6714-01-P
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