Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 81610-81611 [2010-32651]

Download as PDF emcdonald on DSK2BSOYB1PROD with NOTICES 81610 Federal Register / Vol. 75, No. 248 / Tuesday, December 28, 2010 / Notices capital. For FBOs, a percentage of the FBO’s capital measure, known as the U.S. capital equivalency, is used to calculate the FBO’s net debit cap. Currently, an FBO with U.S. branches or agencies may voluntarily file the FR 2225 to provide the Federal Reserve with its capital measure. Because an FBO that files the FR 2225 may be able to use its total capital in determining its U.S. capital equivalency measure, which is then used to calculate its net debit cap, an FBO seeking to maximize its daylight overdraft capacity may find it advantageous to file the FR 2225. An FBO that does not file FR 2225 may use an alternative capital measure based on its nonrelated liabilities. 2. Report title: International Applications and Prior Notifications under Subparts A and C of Regulation K. Agency form number: FR K–1. OMB control number: 7100–0107. Frequency: Event generated. Reporters: State member banks, Edge and agreement corporations, bank holding companies, and certain FBOs. Estimated annual reporting hours: Attachments A and B, 161 hours; Attachments C through G, 120 hours; Attachments H and I, 558 hours; Attachment J, 30 hours; Attachment K, 20 hours. Estimated average hours per response: Attachments A and B, 11.5 hours; Attachments C through G, 10 hours; Attachments H and I, 15.5 hours; Attachment J, 10 hours; Attachment K, 20 hours. Number of respondents: Attachments A and B, 7; Attachments C through G, 6; Attachments H and I, 12; Attachment J, 3; Attachment K, 1. General description of report: This information collection is mandatory pursuant to sections 25 and 25A of the Federal Reserve Act (12 U.S.C. 601– 604(a), 611–631) and sections 4(c)(13), 4(c)(14), and 5(c) of the BHC Act (12 U.S.C. 1843(c)(13), 1843(c)(14), 1844(c)). The information submitted in the FR K–1 is considered to be public unless an institution requests confidential treatment for portions of the particular application or notification. Applicants may rely on any FOIA exemption, but such requests for confidentiality must contain detailed justifications corresponding to the claimed FOIA exemption. Requests for confidentiality must be evaluated on a case-by-case basis. Abstract: Subpart A of Regulation K governs the foreign investments and activities of member banks, Edge and agreement corporations, bank holding companies, and certain investments by foreign organizations. Subpart C of VerDate Mar<15>2010 22:37 Dec 27, 2010 Jkt 223001 Regulation K governs investments in export trading companies. The FR K–1 information collection contains eleven attachments for the application and notification requirements embodied in Subparts A and C of Regulation K. The Federal Reserve requires these applications for regulatory and supervisory purposes and to allow the Federal Reserve to fulfill its statutory obligations under the Federal Reserve Act and the BHC Act of 1956. 3. Report title: International Applications and Prior Notifications Under Subpart B of Regulation K. Agency form number: FR K–2. OMB control number: 7100–284. Frequency: Event generated. Reporters: Foreign banks. Estimated 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 pursuant to sections 7, 10, and 13 of the International Banking Act (12 U.S.C. 3105, 3107, 3108). The applying or notifying organization may request that portions of the information contained in the FR K–2 be afforded confidential treatment. To do so, applicants must demonstrate how the information for which confidentiality is requested would fall within the scope of one or more of the exemptions contained in the Freedom of Information Act. Any such request would have to be evaluated on a case-by-case basis. 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 FBOs with offices in the United States. 4. Report title: Application for a Foreign Organization to Acquire a U.S. Bank or Bank Holding Company. Agency form number: FR Y–3F. OMB control number: 7100–0119. Frequency: Event generated. Reporters: Any company organized under the laws of a foreign country seeking to acquire a U.S. subsidiary bank or BHC. Estimated annual reporting hours: Initial application, 90 hours; subsequent application, 490 hours. Estimated average hours per response: Initial application, 90 hours; subsequent application, 70 hours. PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 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 BHC Act (12 U.S.C. 1842(a), (c), 1844(a)–(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 BHC Act, 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 BHC. 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 FBOs in the United States. Board of Governors of the Federal Reserve System, December 22, 2010. Jennifer J. Johnson, Secretary of the Board. [FR Doc. 2010–32606 Filed 12–27–10; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than January 11, 2011. A. Federal Reserve Bank of Atlanta (Clifford Stanford, Vice President) 1000 Peachtree Street, NE., Atlanta, Georgia 30309: E:\FR\FM\28DEN1.SGM 28DEN1 81611 Federal Register / Vol. 75, No. 248 / Tuesday, December 28, 2010 / Notices 1. Jan Malcolm Jones, Jr., and Leslie Ann Jones, both in Jacksonville, Florida; to retain outstanding voting shares of Florida Capital Group, Inc., and thereby indirectly retain outstanding voting shares of Florida Capital Bank, both in Jacksonville, Florida. Board of Governors of the Federal Reserve System, December 22, 2010. Robert deV. Frierson, Deputy Secretary of the Board. Board of Governors of the Federal Reserve System, December 22, 2010. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2010–32593 Filed 12–27–10; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Submission for OMB Review; Comment Request; National Evaluation of the Clinical and Translational Science Awards (CTSA) Initiative [FR Doc. 2010–32651 Filed 12–27–10; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies; Correction This notice corrects a notice (FR Doc. 2010–32092) published on page 80501 of the issue for Wednesday, December 22, 2010. Under the Federal Reserve Bank of New York heading, the entry for Chuo Mitsui Trust Holding, Inc., Tokyo, Japan, is revised to read as follows: A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 33 Liberty Street, New York, New York 10045–0001: 1. Chuo Mitsui Trust Holdings, Inc., Tokyo, Japan; to become a bank holding Company by acquiring The Sumitomo Trust and Banking Co., Ltd, Osaka, Japan, and thereby acquire Sumitomo Trust and Banking Co. (USA), Hoboken, New Jersey. In connection with this application, Applicant also has applied to acquire Nikko Americas Holding Co., Inc., Nikko Asset Management Americas, Inc., and Chuo Mitsui Investments, all in New York, New York, and thereby engage in investment advisory activities, pursuant to section 225.24(b)(6) of Regulation Y. Comments on this application must be received by January 18, 2011. Under the provisions of Section 3507(a)(1)(D) of the Paperwork Reduction Act of 1995, the National Center for Research Resources, the National Institutes of Health has submitted to the Office of Management and Budget (OMB) a request to review and approve the information collection listed below. This proposed information collection was previously published in the Federal Register on October 12, 2010, pages 62543–62544, and allowed 60-days for public comment. No comments were received. The purpose of this notice is to allow an additional 30 days for public comment. The National Institutes of Health 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. Proposed Collection: Title: The National Evaluation of the Clinical and Translational Science Awards (CTSA) Initiative. Type of Information Collection Request: New. Need and Use of Information Collection: The CTSA Initiative is directed at transforming the way biomedical research is conducted nationwide by reducing the time it takes SUMMARY: Estimated number of respondents Respondent type for basic science or laboratory discoveries to become treatments for patients, and for those treatments in turn to be incorporated and disseminated throughout community practice. The primary purpose of this data collection is to provide information about the process and early outcomes associated with 46 awardees participating in the first four cohorts of CTSA awards, in order to fulfill the congressional expectations for external program evaluation. NIH will use the results to understand the extent to which the CTSA Initiative is bringing about transformational changes in clinical and translational science among academic medical centers and their research partners, increasing the efficiency of the research process, and enhancing the capacity of the field to conduct clinical and translational research. All information collected will be used to provide analytical and policy support to NCRR, assisting NIH in making decisions about current CTSA programming, future funding, and other initiatives to improve clinical and translational science. It may also provide information for NIH’s Government Performance and Results Act (GPRA) report. Frequency of Response: Biennial. Affected Public: Individuals. Type of Respondents: Scientific researchers. The annual reporting burden is as follows: Estimated Number of Respondents: 3,563; Estimated Number of Responses per Respondent: 1; Average Burden Hours Per Response: 0.13; Estimated Total Annual Burden Hours Requested: 451.5. The annualized cost to respondents is estimated at $14,056. There are no capital or start-up costs, and no maintenance or service cost components to report. Estimated number of hours per respondent type Frequency of response Estimated total annual burden hours requested emcdonald on DSK2BSOYB1PROD with NOTICES Users survey .................................................................................................... Nonusers survey .............................................................................................. Trainees/scholars survey ................................................................................. Mentors survey ................................................................................................ 500 500 1,213 1,350 .25 .08 .33 .25 .5 .5 .5 .5 62.5 20.0 200.0 169.0 Total .......................................................................................................... ........................ ........................ ........................ 451.5 Request for Comments: Written comments and/or suggestions from the public and affected agencies should address one or more of the following VerDate Mar<15>2010 22:37 Dec 27, 2010 Jkt 223001 points: (1) Evaluate whether the proposed collection of information is necessary for the proper performance of the function of the agency, including PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 whether the information will have practical utility; (2) Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of E:\FR\FM\28DEN1.SGM 28DEN1

Agencies

[Federal Register Volume 75, Number 248 (Tuesday, December 28, 2010)]
[Notices]
[Pages 81610-81611]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-32651]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than January 11, 2011.
    A. Federal Reserve Bank of Atlanta (Clifford Stanford, Vice 
President) 1000 Peachtree Street, NE., Atlanta, Georgia 30309:

[[Page 81611]]

    1. Jan Malcolm Jones, Jr., and Leslie Ann Jones, both in 
Jacksonville, Florida; to retain outstanding voting shares of Florida 
Capital Group, Inc., and thereby indirectly retain outstanding voting 
shares of Florida Capital Bank, both in Jacksonville, Florida.
    Board of Governors of the Federal Reserve System, December 22, 
2010.

Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010-32651 Filed 12-27-10; 8:45 am]
BILLING CODE 6210-01-P