Agency Information Collection Activities; Proposed Information Collection; Comment Request, 42824-42825 [2010-18007]
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Federal Register / Vol. 75, No. 140 / Thursday, July 22, 2010 / Notices
sroberts on DSKD5P82C1PROD with NOTICES
establishment or modification of
incentive compensation arrangements;
(ii) create and maintain sufficient
documentation to permit an audit of the
organization’s processes for incentive
compensation arrangements; (iii) have
any material exceptions or adjustments
to the incentive compensation
arrangements established for senior
executives approved and documented
by its board of directors; and (iv) have
its board of directors receive and
review, on an annual or more frequent
basis, an assessment by management of
the effectiveness of the design and
operation of the organization’s incentive
compensation system in providing risktaking incentives that are consistent
with the organization’s safety and
soundness.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
1,033 large banks; 617 small banks.
Estimated Burden per Respondent:
480 hours for large banks to modify
policies and procedures to monitor
incentive compensation. 80 hours for
small banks to establish or modify
policies and procedures to monitor
incentive compensation. 40 hours
annually for all banks to maintain
policies and procedures to monitor
incentive compensation arrangements.
Frequency of Response: Annually.
Total Annual Burden: 611,200 hours.
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
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCCs estimate
of the information collection burden;
(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 startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
Dated: July 19, 2010.
_____________________________
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division, Office of the Comptroller
of the Currency.
[FR Doc. 2010–18006 Filed 7–21–10; 8:45 am]
BILLING CODE 4810–33–P
VerDate Mar<15>2010
18:46 Jul 21, 2010
Jkt 220001
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities; Proposed Information
Collection; Comment Request
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
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 the renewal of
an 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 an
information collection titled, ‘‘Affiliate
Marketing/Consumer Opt-Out Notices.’’
DATES: Comments must be submitted on
or before September 20, 2010.
ADDRESSES: Communications Division,
Office of the Comptroller of the
Currency, Mailstop 2–3, Attention:
1557–0230, 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 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, please send a copy of
your comments to: OCC Desk Officer,
[1557–0230], by mail to U.S. Office of
Management and Budget, 725 17th St.,
NW., #10235, Washington, DC 20503, or
by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: You
may 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.
SUPPLEMENTARY INFORMATION: Title: Fair
Credit Reporting Affiliate Marketing.
OMB Control No.: 1557–0230.
SUMMARY:
PO 00000
Frm 00147
Fmt 4703
Sfmt 4703
Frequency of Response: On occasion.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
541,860.
Total Annual Burden: 16,559 hours.
Description: Twelve CFR part 41,
subpart C generally prohibits a person
from using certain information received
from an affiliate to make a solicitation
for marketing purposes to a consumer
unless the consumer is given notice of
that potential use and an opportunity
and a reasonable simple method to opt
out of such solicitations.
Financial institutions will use the
required notices to inform consumers
about their rights under section 624 of
Fair Credit Reporting Act and to comply
with 12 CFR part 41, Subpart C.
Consumers will use the notices to
decide if they want to receive
solicitations for marketing purposes or
opt out. Financial institutions will use
the consumers’ opt out responses to
determine the permissibility of using
eligibility information obtained from an
affiliate to make solicitations to the
consumer. The responses will be used
by financial institutions to comply with
section 214 of the Fair and Accurate
Credit Transactions Act of 2003 (FACT
Act).1 We assume that the majority of
banks will issue their affiliate marketing
notices in a single notice with their
annual privacy notice.
Comments: Comments submitted in
response to this notice will be
summarized and included in the request
for OMB approval. All comments will
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
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the information collection
burden;
(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.
1 Public
E:\FR\FM\22JYN1.SGM
Law 108–159, 117 Stat. 1952.
22JYN1
Federal Register / Vol. 75, No. 140 / Thursday, July 22, 2010 / Notices
Dated: July 19, 2010.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division, Office of the Comptroller
of the Currency.
[FR Doc. 2010–18007 Filed 7–21–10; 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
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
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 the renewal of
an 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 an
information collection titled,
‘‘Examination Questionnaire.’’
DATES: Comments must be submitted by
September 20, 2010.
ADDRESSES: Communications Division,
Office of the Comptroller of the
Currency, Mailstop 2–3, Attention:
1557–0199, 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 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, please send a copy of
your comments to OCC Desk Officer,
1557–0199, 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
may request additional information or a
copy of the collection and supporting
sroberts on DSKD5P82C1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
18:46 Jul 21, 2010
Jkt 220001
documentation submitted to OMB by
contacting: Mary Gottlieb, (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 the approval for
the following information collection:
Title: Examination Questionnaire.
OMB Control No.: 1557–0199.
Affected Public: Businesses or other
for-profit.
Type of Review: Regular review.
Abstract: The OCC has revised its
Examination Questionnaire and updated
the estimated burden hours to adjust for
the reduction in the number of national
banks. Completed Examination
Questionnaires provide the OCC with
information needed to properly evaluate
the effectiveness of the examination
process and agency communications.
The OCC will use the information to
identify problems or trends that may
impair the effectiveness of the
examination process, to identify ways to
improve its service to the banking
industry, and to analyze staff and
training needs. A questionnaire is
provided to each national bank at the
conclusion of their supervisory cycle
(12- or 18-month period). A banker may
now choose to complete this
questionnaire on National BankNet, the
OCC’s extranet site.
Burden Estimates:
Estimated Number of Respondents:
1,565.
Estimated Number of Responses per
Respondent per Year: 0.89.
Estimated Number of Responses:
1,393.
Estimated time per response: 10
minutes.
Frequency of Response: On occasion.
Estimated Annual Burden: 232 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
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the information collection
burden;
(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
PO 00000
Frm 00148
Fmt 4703
Sfmt 4703
42825
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: July 19, 2010.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division, Office of the Comptroller
of the Currency.
[FR Doc. 2010–18010 Filed 7–21–10; 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
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
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 the renewal of
an 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 an
information collection titled, ‘‘Record
and Disclosure Requirements—FRB
Regulations B, E, M, Z, CC, and DD.’’
DATES: Comments must be submitted on
or before September 20, 2010.
ADDRESSES: Communications Division,
Office of the Comptroller of the
Currency, Mailstop 2–3, Attention:
1557–0176, 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 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, please send a copy of
your comments to OCC Desk Officer,
1557–0176, by mail to U.S. Office of
Management and Budget, 725 17th
SUMMARY:
E:\FR\FM\22JYN1.SGM
22JYN1
]]>Agencies
[Federal Register Volume 75, Number 140 (Thursday, July 22, 2010)]
[Notices]
[Pages 42824-42825]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-18007]
-----------------------------------------------------------------------
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 comment on the renewal of an 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 an information collection titled, ``Affiliate
Marketing/Consumer Opt-Out Notices.''
DATES: Comments must be submitted on or before September 20, 2010.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Mailstop 2-3, Attention: 1557-0230, 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 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, please send a copy of your comments to: OCC Desk
Officer, [1557-0230], by mail to U.S. Office of Management and Budget,
725 17th St., NW., 10235, Washington, DC 20503, or by fax to
(202) 395-6974.
FOR FURTHER INFORMATION CONTACT: You may 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.
SUPPLEMENTARY INFORMATION: Title: Fair Credit Reporting Affiliate
Marketing.
OMB Control No.: 1557-0230.
Frequency of Response: On occasion.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 541,860.
Total Annual Burden: 16,559 hours.
Description: Twelve CFR part 41, subpart C generally prohibits a
person from using certain information received from an affiliate to
make a solicitation for marketing purposes to a consumer unless the
consumer is given notice of that potential use and an opportunity and a
reasonable simple method to opt out of such solicitations.
Financial institutions will use the required notices to inform
consumers about their rights under section 624 of Fair Credit Reporting
Act and to comply with 12 CFR part 41, Subpart C. Consumers will use
the notices to decide if they want to receive solicitations for
marketing purposes or opt out. Financial institutions will use the
consumers' opt out responses to determine the permissibility of using
eligibility information obtained from an affiliate to make
solicitations to the consumer. The responses will be used by financial
institutions to comply with section 214 of the Fair and Accurate Credit
Transactions Act of 2003 (FACT Act).\1\ We assume that the majority of
banks will issue their affiliate marketing notices in a single notice
with their annual privacy notice.
---------------------------------------------------------------------------
\1\ Public Law 108-159, 117 Stat. 1952.
---------------------------------------------------------------------------
Comments: Comments submitted in response to this notice will be
summarized and included in the request for OMB approval. All comments
will 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 OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the information
collection burden;
(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.
[[Page 42825]]
Dated: July 19, 2010.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.
[FR Doc. 2010-18007 Filed 7-21-10; 8:45 am]
BILLING CODE 4810-33-P
