Agency Information Collection Activities: Submission for OMB Review; Comment Request, 56922-56923 [E9-26444]

Download as PDF 56922 Federal Register / Vol. 74, No. 211 / Tuesday, November 3, 2009 / Notices Office of the Comptroller of the Currency Agency Information Collection Activities: Proposed Information Collection; Comment Request AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comments. The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a proposed information collection, as required by the Paperwork Reduction Act of 1995. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comments concerning an information collection titled ‘‘Bank Secrecy Act/Money Laundering Risk Assessment’’ (a.k.a. Money Laundering Risk (MLR) System). DATES: Comments must be submitted by January 4, 2010. ADDRESSES: Communications Division, Office of the Comptroller of the Currency, Mailstop 2–3, Attention: 1557–0231, 250 E Street, SW., Washington, DC 20219. In addition, comments may be sent by fax to (202) 874–5274, or by electronic mail to regs.comments@occ.treas.gov. You may personally inspect and photocopy comments at the OCC, 250 E Street, SW., Washington, DC. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 874–4700. Upon arrival, visitors will be required to present valid government-issued photo identification and submit to security screening in order to inspect and photocopy comments. Additionally, you should send a copy of your comments to OMB Desk Officer, 1557–0231, by mail to U.S. Office of Management and Budget, 725 17th St., NW., #10235, or by fax to (202) 395– 6974. FOR FURTHER INFORMATION CONTACT: You can request additional information or a copy of the collection and supporting documentation submitted to OMB by contacting: Mary H. Gottlieb, (202) 874– 5090, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219. mstockstill on DSKH9S0YB1PROD with NOTICES SUMMARY: VerDate Nov<24>2008 18:15 Nov 02, 2009 Jkt 220001 The OCC is proposing to extend the approval for the following information collection: Title: Bank Secrecy Act/Anti-Money Laundering Risk Assessment. OMB Number: 1557–0231. Affected Public: Businesses or other for-profit. Type of Review: Regular review. Abstract: The MLR System enhances the ability of examiners and bank management to identify and evaluate any Bank Secrecy Act/Anti-Money Laundering risks associated with the banks’ products, services, customers, and locations. As new products and services are introduced, existing products and services change, and the banks expand through mergers and acquisitions, management’s evaluation of money laundering and terrorist financing risks must evolve as well. Absent appropriate controls, such as this risk assessment, these lines of business, products, or entities could elevate Bank Secrecy Act/Anti-Money Laundering risks. Burden Estimates: Estimated Number of Respondents: 1,467. Estimated Number of Responses: 1,467. Frequency of Response: Annually. Estimated Annual Burden: 8,802 hours. Comments: All comments will be considered in formulating the subsequent submission and become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) The accuracy of the agency’s estimate of the burden of the collection of information; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection 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. SUPPLEMENTARY INFORMATION: DEPARTMENT OF THE TREASURY Dated: October 27, 2009. Michele Meyer, Assistant Director, Legislative and Regulatory Activities Division. [FR Doc. E9–26443 Filed 11–2–09; 8:45 am] BILLING CODE 4810–33–P PO 00000 Frm 00131 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Submission for OMB Review; Comment Request AGENCY: Office of the Comptroller of the Currency, Treasury. ACTION: Notice and request for comment. SUMMARY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning its information collection titled, ‘‘Securities Exchange Act Disclosure Rules (12 CFR Part 11).’’ The OCC also gives notice that it has sent the information collection to OMB for review. DATES: Comments must be received by December 3, 2009. ADDRESSES: You should direct your comments to: Communications Division, Office of the Comptroller of the Currency, Mailstop 2–3, Attention: 1557–0106, 250 E Street, SW., Washington, DC 20219. In addition, comments may be sent by fax to (202) 874–5274, or by electronic mail to regs.comments@occ.treas.gov. You may personally inspect and photocopy the comments at the OCC, 250 E Street, SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 874–4700. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Additionally, you should send a copy of your comments to OCC Desk Officer, 1557–0106, by mail to U.S. Office of Management and Budget, 725 17th Street, NW., #10235, Washington, DC 20503, or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: You can request additional information or a copy of the collection from Mary H. Gottlieb, OCC Clearance Officer, (202) 874–5090, Legislative and Regulatory Activities Division, Office of the E:\FR\FM\03NON1.SGM 03NON1 mstockstill on DSKH9S0YB1PROD with NOTICES Federal Register / Vol. 74, No. 211 / Tuesday, November 3, 2009 / Notices Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval of the following information collection: Title: Securities Exchange Act Disclosure Rules (12 CFR Part 11). OMB Control No.: 1557–0106. Description: This submission covers an existing regulation and involves no change to the regulation or to the information collection requirements. The OCC requests only that OMB approve its revised estimates. The Securities and Exchange Commission (SEC) is required by statute to collect, through regulation, from any firm that is required to register its stock with the SEC, certain information and documents. 15 U.S.C. 78m(a)(1). Federal law also requires the OCC to apply similar regulations to any national bank similarly required to be registered (those with a class of equity securities held by 500 or more shareholders). 15 U.S.C. 78l(i). 12 CFR Part 11 ensures that ‘‘a national bank whose securities are subject to registration’’ provides adequate information about its operations to current and potential shareholders, depositors, and to the public. The OCC reviews the information to ensure that national banks comply with Federal law and make public all information required to be filed under these rules. Investors, depositors, and the public use the information to make informed investment decisions. Type of Review: Extension of a currently approved collection. Affected Public: Individuals; Businesses or other for-profit. Estimated Number of Respondents: 29. Estimated Total Annual Responses: 185. Frequency of Response: On occasion. Estimated Total Annual Burden: 1,130.5. The OCC issued a 60-day Federal Register notice on August 14, 2009. 74 FR 41189. No comments were received. Comments continue to be invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) The accuracy of the agency’s estimate of the burden of the collection of information; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection on respondents, including VerDate Nov<24>2008 18:15 Nov 02, 2009 Jkt 220001 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. Dated: October 27, 2009. Michele Meyer, Assistant Director, Legislative and Regulatory Activities Division. [FR Doc. E9–26444 Filed 11–2–09; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Proposed Information Collection; Comment Request AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comment. SUMMARY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid OMB control number. The OCC is soliciting comment concerning its information collection titled, ‘‘Privacy of Consumer Financial Information (12 CFR part 40).’’ DATES: You should submit written comments by January 4, 2010. ADDRESSES: Communications Division, Office of the Comptroller of the Currency, Mailstop 2–3, Attention: 1557–0216, 250 E Street, SW., Washington, DC 20219. In addition, comments may be sent by fax to (202) 874–5274, or by electronic mail to regs.comments@occ.treas.gov. You may personally inspect and photocopy the comments at the OCC, 250 E Street, SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 874–4700. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Additionally, you should send a copy of your comments by mail to OCC Desk Officer, 1557–0216, U.S. Office of PO 00000 Frm 00132 Fmt 4703 Sfmt 4703 56923 Management and Budget, 725, 17th Street, NW., #10235, Washington, DC 20503, or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: You can request additional information or a copy of the collection from Mary H. Gottlieb, OCC Clearance Officer, (202) 874–5090, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval of the following information collection: Title: Privacy of Consumer Financial Information (12 CFR part 40). OMB Control No.: 1557–0216. Description: This submission covers an existing regulation and involves no change to the regulation or to the information collection requirements. The OCC requests only that OMB approve its revised estimates. The information collection requirements in part 40 are as follows: § 40.4(a)—Disclosure (institution)— Initial privacy notice to consumers requirement—A bank must provide a clear and conspicuous notice that accurately reflects its privacy policies and practices to customers and consumers. § 40.5(a)—Disclosure (institution)— Annual privacy notice to customers requirement—A bank must provide a clear and conspicuous notice to customers that accurately reflects its privacy policies and practices not less than annually during the continuation of the customer relationship. § 40.8—Disclosure (institution)— Revised privacy notices—If a bank wishes to disclose information in a way that is inconsistent with the notices previously given to a consumer, the bank must provide consumers with a clear and conspicuous revised notice of the bank’s policies and procedures and a new opt out notice. § 40.7(a)—Disclosure (institution)— Form of opt out notice to consumers; opt out methods—Form of opt out notice— If a bank is required to provide an optout notice under § 40.10(a), it must provide a clear and conspicuous notice to each of its consumers that accurately explains the right to opt out under that section. The notice must state: • That the bank discloses or reserves the right to disclose nonpublic personal information about its consumer to a nonaffiliated third party; • That the consumer has the right to opt out of that disclosure; and • A reasonable means by which the consumer may exercise the opt out right. A bank provides a reasonable means to exercise an opt out right if it: E:\FR\FM\03NON1.SGM 03NON1

Agencies

[Federal Register Volume 74, Number 211 (Tuesday, November 3, 2009)]
[Notices]
[Pages 56922-56923]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-26444]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Office of the Comptroller of the Currency, Treasury.

ACTION: Notice and request for comment.

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

SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on a continuing 
information collection, as required by the Paperwork Reduction Act of 
1995. An agency may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless it displays a 
currently valid Office of Management and Budget (OMB) control number. 
The OCC is soliciting comment concerning its information collection 
titled, ``Securities Exchange Act Disclosure Rules (12 CFR Part 11).'' 
The OCC also gives notice that it has sent the information collection 
to OMB for review.

DATES: Comments must be received by December 3, 2009.

ADDRESSES: You should direct your comments to: Communications Division, 
Office of the Comptroller of the Currency, Mailstop 2-3, Attention: 
1557-0106, 250 E Street, SW., Washington, DC 20219. In addition, 
comments may be sent by fax to (202) 874-5274, or by electronic mail to 
regs.comments@occ.treas.gov. You may personally inspect and photocopy 
the comments at the OCC, 250 E Street, SW., Washington, DC 20219. For 
security reasons, the OCC requires that visitors make an appointment to 
inspect comments. You may do so by calling (202) 874-4700. Upon 
arrival, visitors will be required to present valid government-issued 
photo identification and to submit to security screening in order to 
inspect and photocopy comments.
    Additionally, you should send a copy of your comments to OCC Desk 
Officer, 1557-0106, by mail to U.S. Office of Management and Budget, 
725 17th Street, NW., 10235, Washington, DC 20503, or by fax 
to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the collection from Mary H. Gottlieb, OCC Clearance 
Officer, (202) 874-5090, Legislative and Regulatory Activities 
Division, Office of the

[[Page 56923]]

Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval 
of the following information collection:
    Title: Securities Exchange Act Disclosure Rules (12 CFR Part 11).
    OMB Control No.: 1557-0106.
    Description: This submission covers an existing regulation and 
involves no change to the regulation or to the information collection 
requirements. The OCC requests only that OMB approve its revised 
estimates.
    The Securities and Exchange Commission (SEC) is required by statute 
to collect, through regulation, from any firm that is required to 
register its stock with the SEC, certain information and documents. 15 
U.S.C. 78m(a)(1). Federal law also requires the OCC to apply similar 
regulations to any national bank similarly required to be registered 
(those with a class of equity securities held by 500 or more 
shareholders). 15 U.S.C. 78l(i).
    12 CFR Part 11 ensures that ``a national bank whose securities are 
subject to registration'' provides adequate information about its 
operations to current and potential shareholders, depositors, and to 
the public. The OCC reviews the information to ensure that national 
banks comply with Federal law and make public all information required 
to be filed under these rules. Investors, depositors, and the public 
use the information to make informed investment decisions.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals; Businesses or other for-profit.
    Estimated Number of Respondents: 29.
    Estimated Total Annual Responses: 185.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden: 1,130.5.

The OCC issued a 60-day Federal Register notice on August 14, 2009. 74 
FR 41189. No comments were received. Comments continue to be invited 
on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has practical utility;
    (b) The accuracy of the agency's estimate of the burden of the 
collection of information;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection 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.

    Dated: October 27, 2009.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. E9-26444 Filed 11-2-09; 8:45 am]
BILLING CODE 4810-33-P