Change to “Procedures To Qualify for Bulk Purchase of Gold Bullion Coins”, 53024 [2010-21495]
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53024
Federal Register / Vol. 75, No. 167 / Monday, August 30, 2010 / Notices
jlentini on DSKJ8SOYB1PROD with NOTICES
OTS request for OMB approval. All
comments will become a matter of
public record. In this notice, OTS is
soliciting comments concerning the
following information collection.
Title of Proposal: Sound Incentive
Compensation Guidance.
OMB Number: 1550–0129.
Form Number: N/A.
Description: The guidance is based on
three key principles that are designed to
ensure that incentive compensation
arrangements at a financial institution
do not encourage employees to take
excessive risks. These principles
provide that incentive compensation
arrangements should:
• Provide employees incentives that
do not encourage excessive risk-taking
beyond the organization’s ability to
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• Be compatible with effective
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• Be supported by strong corporate
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These principles and the guidance are
consistent with the Principles for Sound
Compensation Practices adopted by the
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2009, as well as the Implementation
Standards for those principles issued by
the FSB in September 2009.
This guidance will promote the
prompt improvement of incentive
compensation practices in the banking
industry by providing a common
prudential foundation for incentive
compensation arrangements across
banking organizations and promoting
the overall movement of the industry
towards better practices. Supervisory
action could play a critical role in
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addressing misaligned compensation
incentives, especially where issues of
competition may make it difficult for
individual firms to act alone. Through
their actions, supervisors could help to
better align the interests of managers
and other employees with organizations’
long-term health and reduce concerns
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might have adverse competitive
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Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit.
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757.
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Responses: 40 hours.
Estimated Frequency of Response: On
occasion.
Estimated Total Burden: 30,280
hours.
Dated: August 24, 2010.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief
Counsel, Office of Thrift Supervision.
[FR Doc. 2010–21490 Filed 8–27–10; 8:45 am]
BILLING CODE 6720–01–P
DEPARTMENT OF THE TREASURY
United States Mint
Change to ‘‘Procedures To Qualify for
Bulk Purchase of Gold Bullion Coins’’
Authorized Purchaser of American
Eagle Gold Bullion Coins. The revised
qualification requirements are
documented in the revised ‘‘Procedures
to Qualify for Bulk Purchase of Gold
Bullion Coins.’’ (This document can be
accessed at https://www.usmint.gov/
consumer/
index.cfm?action=AmericanEagles)
These changes apply to new
applications effective immediately.
Significant modifications include
clarifications to the ‘‘Purpose’’ section
and ‘‘Marketing Support’’ section, and
adjustments to the ‘‘Experienced MarketMaker in Gold Bullion Coins’’ section
and ‘‘Tangible Net Worth’’ section.
Changes to the accounting certification
requirements and agreement terms and
conditions are also incorporated. A new
section has been added entitled ‘‘Right
to Temporarily Refrain from the Review
of New Applications,’’ during periods in
which the allocation of a bullion
product is required. Other minor
changes have been made which provide
further clarifications to various
production descriptions and/or the gold
bullion coin program in accordance
with 31 U.S.C. 5112(a)(7–11) and (i).
B. B.
Craig, Associate Director for Sales and
Marketing; United States Mint; 801 9th
Street, NW.; Washington, DC 20220; or
call 202–354–7500.
FOR FURTHER INFORMATION CONTACT:
Authority: 31 U.S.C. 5112(a)(7–11) and (i).
AGENCY:
United States Mint, Department
of the Treasury.
ACTION: Notice.
Dated: August 20, 2010.
Edmund C. Moy,
Director, United States Mint.
The United States Mint has
revised the requirements to become an
[FR Doc. 2010–21495 Filed 8–27–10; 8:45 am]
SUMMARY:
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]]>Agencies
[Federal Register Volume 75, Number 167 (Monday, August 30, 2010)]
[Notices]
[Page 53024]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-21495]
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DEPARTMENT OF THE TREASURY
United States Mint
Change to ``Procedures To Qualify for Bulk Purchase of Gold
Bullion Coins''
AGENCY: United States Mint, Department of the Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The United States Mint has revised the requirements to become
an Authorized Purchaser of American Eagle Gold Bullion Coins. The
revised qualification requirements are documented in the revised
``Procedures to Qualify for Bulk Purchase of Gold Bullion Coins.''
(This document can be accessed at https://www.usmint.gov/consumer/index.cfm?action=AmericanEagles) These changes apply to new
applications effective immediately. Significant modifications include
clarifications to the ``Purpose'' section and ``Marketing Support''
section, and adjustments to the ``Experienced Market-Maker in Gold
Bullion Coins'' section and ``Tangible Net Worth'' section. Changes to
the accounting certification requirements and agreement terms and
conditions are also incorporated. A new section has been added entitled
``Right to Temporarily Refrain from the Review of New Applications,''
during periods in which the allocation of a bullion product is
required. Other minor changes have been made which provide further
clarifications to various production descriptions and/or the gold
bullion coin program in accordance with 31 U.S.C. 5112(a)(7-11) and
(i).
FOR FURTHER INFORMATION CONTACT: B. B. Craig, Associate Director for
Sales and Marketing; United States Mint; 801 9th Street, NW.;
Washington, DC 20220; or call 202-354-7500.
Authority: 31 U.S.C. 5112(a)(7-11) and (i).
Dated: August 20, 2010.
Edmund C. Moy,
Director, United States Mint.
[FR Doc. 2010-21495 Filed 8-27-10; 8:45 am]
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