Financial Management Policies-Interest Rate Risk, 9870 [2011-3804]

Agencies

• DEPARTMENT OF THE TREASURY
• Office of Thrift Supervision

[Federal Register Volume 76, Number 35 (Tuesday, February 22, 2011)]
[Notices]
[Page 9870]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-3804]



[[Page 9870]]

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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Financial Management Policies--Interest Rate Risk

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before April 25, 2011.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS 
will post comments and the related index on the OTS Internet Site at 
www.ots.treas.gov. In addition, interested persons may inspect comments 
at the Public Reading Room, 1700 G Street, NW., by appointment. To make 
an appointment, call (202) 906-5922, send an e-mail to 
public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to (202) 
906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Scott Ciardi on (202) 
906-6960, Office of Thrift Supervision, 1700 G Street, NW., Washington, 
DC 20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the 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: Financial Management Policies--Interest Rate 
Risk
    OMB Number: 1550-0094
    Form Number: N/A
    Description: This information collection covers the recordkeeping 
burden for maintaining data in accordance with OTS's regulation on 
interest rate risk procedures, 12 CFR 563.176. The purpose of the 
regulation is to ensure that institutions are appropriately managing 
their exposure to interest rate risk. To comply with this reporting 
requirement, institutions need to maintain sufficient records for 
determining how their interest rate risk exposure is being internally 
monitored and managed, and how their exposure compares with that of 
other institutions.
    Type of Review: Extension of a currently approved collection
    Affected Public: Businesses or other for-profit
    Estimated Number of Respondents: 727
    Estimated Frequency of Response: Quarterly and annually
    Estimated Total Burden: 29,080 hours

    Dated: February 15, 2011.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2011-3804 Filed 2-18-11; 8:45 am]
BILLING CODE 6720-01-P