Proposed Agency Information Collection Activities; Comment Request, 49769-49770 [2011-20360]

Download as PDF Federal Register / Vol. 76, No. 155 / Thursday, August 11, 2011 / Notices procedure and process for the allocation of power shall be the subject matter of a separate notice and is outside the scope of this process. I. Does the collection use effective and efficient statistical survey methods? Since the information collected is used to determine whether an applicant receives an allocation of Federal power, this section is inapplicable. J. Does the collection use information technology to the maximum extent practicable to reduce the burden and to improve data quality, agency efficiency, and responsiveness to the public? The APD will be accessible for downloading via Western’s Web site. Western will accept electronic-mail submission of the APD, as well as submission via fax or regular mail. At this time, applicants cannot enter the information on Western’s Web site; however, Western is in the process of developing an online form. VII. Invitation for Comments Western invites public comment on its request to extend its APD that Western submitted to OMB pursuant to the Paperwork Reduction Act of 1995. The Paperwork Reduction Act requires OMB to make a decision on the ICR within 60 days after this publication or receipt of the proposed collection of information, whichever is later.22 Comments should be sent directly to the addresses listed in the ADDRESSES section above. Issued in Lakewood, CO on August 4, 2011. Timothy J. Meeks, Administrator. [FR Doc. 2011–20400 Filed 8–10–11; 8:45 am] BILLING CODE 6450–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. SUMMARY: Background. On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its approval authority under the Paperwork Reduction Act (PRA), as per 5 CFR 1320.16, to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board under conditions set forth srobinson on DSK4SPTVN1PROD with NOTICES AGENCY: 22 See 5 CFR 1320.10(b). VerDate Mar<15>2010 15:59 Aug 10, 2011 Jkt 223001 in 5 CFR 1320 Appendix A.1. Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instruments are placed into OMB’s public docket files. The Federal Reserve 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. Request for Comment on Information Collection Proposal The following information collection, which is being handled under this delegated authority, has received initial Board approval and is hereby published for comment. At the end of the comment period, the proposed information collection, along with an analysis of comments and recommendations received, will be submitted to the Board for final approval under OMB delegated authority. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Federal Reserve’s functions; including whether the information has practical utility; b. The accuracy of the Federal Reserve’s estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; and d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology. DATES: Comments must be submitted on or before October 11, 2011. ADDRESSES: You may submit comments, identified by FR Y–10, FR Y–10E, FR Y–6, and FR Y–7, by any of the following methods: • Agency Web Site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • E-mail: regs.comments@federalreserve.gov. Include docket number in the subject line of the message. • Fax: 202/452–3819 or 202/452– 3102. PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 49769 • Mail: Jennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW., Washington, DC 20551. All public comments are available from the Board’s Web site at http:// www.federalreserve.gov/generalinfo/ foia/ProposedRegs.cfm as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room MP–500 of the Board’s Martin Building (20th and C Streets, NW.) between 9 a.m. and 5 p.m. on weekdays. Additionally, commenters should send a copy of their comments to the OMB Desk Officer by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street, NW., Washington, DC 20503 or by fax to 202– 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files, once approved. These documents will also be made available on the Federal Reserve Board’s public Web site at: http:// www.federalreserve.gov/boarddocs/ reportforms/review.cfm or may be requested from the agency clearance officer, whose name appears below. Cynthia Ayouch, Acting Federal Reserve Board Clearance Officer (202– 452–3829), Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may contact (202–263–4869), Board of Governors of the Federal Reserve System, Washington, DC 20551. Proposal to approve under OMB delegated authority the extension for three years, with revision of the following reports: Report title: Report of Changes in Organizational Structure, Annual Report of Bank Holding Companies, and Annual Report of Foreign Banking Organizations. Agency form number: FR Y–10, FR Y–6, and FR Y–7. OMB control number: 7100–0297. Frequency: FR Y–10: Event-generated; FR Y–6 and FR Y–7: Annual. Reporters: Bank holding companies (BHCs), foreign banking organizations (FBOs), state member banks, Edge and agreement corporations, and nationally E:\FR\FM\11AUN1.SGM 11AUN1 srobinson on DSK4SPTVN1PROD with NOTICES 49770 Federal Register / Vol. 76, No. 155 / Thursday, August 11, 2011 / Notices chartered banks that are not controlled by a BHC. Estimated annual reporting hours: FR Y–10: 17,850 hours; FR Y–6: 26,507 hours; FR Y–7: 694 hours. Estimated average hours per response FR Y–10: 1.75 hours; FR Y–6: 5.25 hours; FR Y–7: 3.75 hours. Number of respondents: FR Y–10: 3,400; FR Y–6: 5,049; FR Y–7: 185. General description of report: These information collections are mandatory under the Federal Reserve Act, the Bank Holding Company Act (BHC Act), and the International Banking Act (12 U.S.C. 248 (a)(1), 321, 601, 602, 611a, 615, 625, 1843(k), 1844(c)(1)(A), 3106(a), and 3108(a)), and Regulations K and Y (12 CFR 211.13(c), 225.5(b) and 225.87). Individual respondent data are not considered confidential. However, respondents may request confidential treatment for any information that they believe is subject to an exemption from disclosure under the Freedom of Information Act (FOIA), 5 U.S.C. 552(b). Abstract: The FR Y–10 is an event generated information collection submitted by FBOs; top-tier BHCs; state member banks unaffiliated with a BHC; Edge and agreement corporations that are not controlled by a state member bank, a domestic BHC, or an FBO; and nationally chartered banks that are not controlled by a BHC (with regard to their foreign investments only), to capture changes in their regulated investments and activities. The Federal Reserve uses the data to monitor structure information on subsidiaries and regulated investments of these entities engaged in banking and nonbanking activities. The FR Y–6 is an annual information collection submitted by top-tier BHCs and nonqualifying FBOs. It collects financial data, an organization chart, verification of domestic branch data, and information about shareholders. The Federal Reserve uses the data to monitor holding company operations and determine holding company compliance with the provisions of the BHC Act and Regulation Y (12 CFR 225). The FR Y–7 is an annual information collection submitted by qualifying FBOs to update their financial and organizational information with the Federal Reserve. The Federal Reserve uses information to assess an FBO’s ability to be a continuing source of strength to its U.S. operations and to determine compliance with U.S. laws and regulations. Current Actions: The Federal Reserve proposes to revise the FR Y–10 reporting forms and instructions by (1) Adding the state and country of incorporation, (2) adding a new VerDate Mar<15>2010 15:59 Aug 10, 2011 Jkt 223001 business organization type for limited liability limited partnership, (3) adding a check box to report whether ownership is in the form of a general partner or limited partner, (4) adding event types to the 4(k) schedule, (5) requiring the reporting of the representative office when there are no other reportable offices in the United States, and (6) incorporating several instructional clarifications. The Federal Reserve proposes to revise the FR Y–6 reporting instructions by (1) Clarifying the language regarding confidentiality of the reporter’s submission, (2) revising the organizational chart to include information on physical address, state and country of incorporation, and general and limited partners, (3) adding the rounding definition from the FR Y–10 to ensure the reporting of percentage ownership is consistent across all structure reporting forms, (4) modifying the language for securities holders to include persons working in concert, including families, and (5) revising the insiders information to include options, warrants, or other securities as reportable voting securities and to include families in the definition of a principal securities holder. The Federal Reserve proposes to revise the FR Y–7 reporting form and instructions by (1) Clarifying the language regarding confidentiality of the reporter’s submission, (2) revising the organizational chart to include information on physical address and general and limited partners, (3) adding a box to the report form to indicate whether the Annual Report to Shareholders is included in the submission of the FR Y–7, (4) requiring the reporting of the representative office when there are no other reportable offices in the United States, and (5) providing confidential treatment for street addresses of securities holders who are individuals. The proposed changes to the FR Y–6 and FR Y–7 reporting form and instructions would be effective December 31, 2011. The proposed changes to the FR Y–10 reporting form and instructions would be effective January 1, 2012. Proposal to approve under OMB delegated authority the extension for three years, without revision of the following report: Report title: Supplement to the Report of Changes in Organizational Structure. Agency form number: FR Y–10E. OMB control number: 7100–0297. Frequency: Event-generated. Reporters: BHCs, FBOs, state member banks, Edge and agreement PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 corporations, and nationally chartered banks that are not controlled by a BHC. Estimated annual reporting hours: 1,700 hours. Estimated average hours per response: 0.50 hours. Number of respondents: 3,400. General description of report: This information collection is mandatory under the Federal Reserve Act, the Bank Holding Company Act (BHC Act), and the International Banking Act (12 U.S.C. 248(a)(1), 321, 601, 602, 611a, 615, and 625, 1843(k), 1844(c)(1)(A), 3106(a)) and Regulation K and Y (12 CFR 211.13(c), 225.5(b) and 225.87). Individual respondent data are not considered confidential. However, respondents may request confidential treatment for any information that they believe is subject to an exemption from disclosure under the Freedom of Information Act(FOIA), 5 U.S.C. 552(b). Abstract: The FR Y–10E is a free-form supplement that may be used to collect additional structural information deemed to be critical and needed in an expedited manner. Board of Governors of the Federal Reserve System, August 5, 2011. Jennifer J. Johnson, Secretary of the Board. [FR Doc. 2011–20360 Filed 8–10–11; 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 August 26, 2011. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Michael L. Peterson, and Michael L. Peterson, both of Cedar Falls, Iowa; to acquire additional voting shares of E:\FR\FM\11AUN1.SGM 11AUN1

Agencies

[Federal Register Volume 76, Number 155 (Thursday, August 11, 2011)]
[Notices]
[Pages 49769-49770]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-20360]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: Background. On June 15, 1984, the Office of Management and 
Budget (OMB) delegated to the Board of Governors of the Federal Reserve 
System (Board) its approval authority under the Paperwork Reduction Act 
(PRA), as per 5 CFR 1320.16, to approve of and assign OMB control 
numbers to collection of information requests and requirements 
conducted or sponsored by the Board under conditions set forth in 5 CFR 
1320 Appendix A.1. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the Paperwork Reduction Act 
Submission, supporting statements and approved collection of 
information instruments are placed into OMB's public docket files. The 
Federal Reserve 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.

Request for Comment on Information Collection Proposal

    The following information collection, which is being handled under 
this delegated authority, has received initial Board approval and is 
hereby published for comment. At the end of the comment period, the 
proposed information collection, along with an analysis of comments and 
recommendations received, will be submitted to the Board for final 
approval under OMB delegated authority. Comments are invited on the 
following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology.

DATES: Comments must be submitted on or before October 11, 2011.

ADDRESSES: You may submit comments, identified by FR Y-10, FR Y-10E, FR 
Y-6, and FR Y-7, by any of the following methods:
     Agency Web Site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail: regs.comments@federalreserve.gov. Include docket 
number in the subject line of the message.
     Fax: 202/452-3819 or 202/452-3102.
     Mail: Jennifer J. Johnson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue, 
NW., Washington, DC 20551.

All public comments are available from the Board's Web site at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room MP-
500 of the Board's Martin Building (20th and C Streets, NW.) between 9 
a.m. and 5 p.m. on weekdays.
    Additionally, commenters should send a copy of their comments to 
the OMB Desk Officer by mail to the Office of Information and 
Regulatory Affairs, U.S. Office of Management and Budget, New Executive 
Office Building, Room 10235, 725 17th Street, NW., Washington, DC 20503 
or by fax to 202-395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files, once approved. These documents will also be made 
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/boarddocs/reportforms/review.cfm or may be 
requested from the agency clearance officer, whose name appears below.
    Cynthia Ayouch, Acting Federal Reserve Board Clearance Officer 
(202-452-3829), Division of Research and Statistics, Board of Governors 
of the Federal Reserve System, Washington, DC 20551. Telecommunications 
Device for the Deaf (TDD) users may contact (202-263-4869), Board of 
Governors of the Federal Reserve System, Washington, DC 20551.
    Proposal to approve under OMB delegated authority the extension for 
three years, with revision of the following reports:
    Report title: Report of Changes in Organizational Structure, Annual 
Report of Bank Holding Companies, and Annual Report of Foreign Banking 
Organizations.
    Agency form number: FR Y-10, FR Y-6, and FR Y-7.
    OMB control number: 7100-0297.
    Frequency: FR Y-10: Event-generated; FR Y-6 and FR Y-7: Annual.
    Reporters: Bank holding companies (BHCs), foreign banking 
organizations (FBOs), state member banks, Edge and agreement 
corporations, and nationally

[[Page 49770]]

chartered banks that are not controlled by a BHC.
    Estimated annual reporting hours: FR Y-10: 17,850 hours; FR Y-6: 
26,507 hours; FR Y-7: 694 hours.
    Estimated average hours per response FR Y-10: 1.75 hours; FR Y-6: 
5.25 hours; FR Y-7: 3.75 hours.
    Number of respondents: FR Y-10: 3,400; FR Y-6: 5,049; FR Y-7: 185.
    General description of report: These information collections are 
mandatory under the Federal Reserve Act, the Bank Holding Company Act 
(BHC Act), and the International Banking Act (12 U.S.C. 248 (a)(1), 
321, 601, 602, 611a, 615, 625, 1843(k), 1844(c)(1)(A), 3106(a), and 
3108(a)), and Regulations K and Y (12 CFR 211.13(c), 225.5(b) and 
225.87). Individual respondent data are not considered confidential. 
However, respondents may request confidential treatment for any 
information that they believe is subject to an exemption from 
disclosure under the Freedom of Information Act (FOIA), 5 U.S.C. 
552(b).
    Abstract: The FR Y-10 is an event generated information collection 
submitted by FBOs; top-tier BHCs; state member banks unaffiliated with 
a BHC; Edge and agreement corporations that are not controlled by a 
state member bank, a domestic BHC, or an FBO; and nationally chartered 
banks that are not controlled by a BHC (with regard to their foreign 
investments only), to capture changes in their regulated investments 
and activities. The Federal Reserve uses the data to monitor structure 
information on subsidiaries and regulated investments of these entities 
engaged in banking and nonbanking activities. The FR Y-6 is an annual 
information collection submitted by top-tier BHCs and nonqualifying 
FBOs. It collects financial data, an organization chart, verification 
of domestic branch data, and information about shareholders. The 
Federal Reserve uses the data to monitor holding company operations and 
determine holding company compliance with the provisions of the BHC Act 
and Regulation Y (12 CFR 225). The FR Y-7 is an annual information 
collection submitted by qualifying FBOs to update their financial and 
organizational information with the Federal Reserve. The Federal 
Reserve uses information to assess an FBO's ability to be a continuing 
source of strength to its U.S. operations and to determine compliance 
with U.S. laws and regulations.
    Current Actions: The Federal Reserve proposes to revise the FR Y-10 
reporting forms and instructions by (1) Adding the state and country of 
incorporation, (2) adding a new business organization type for limited 
liability limited partnership, (3) adding a check box to report whether 
ownership is in the form of a general partner or limited partner, (4) 
adding event types to the 4(k) schedule, (5) requiring the reporting of 
the representative office when there are no other reportable offices in 
the United States, and (6) incorporating several instructional 
clarifications.
    The Federal Reserve proposes to revise the FR Y-6 reporting 
instructions by (1) Clarifying the language regarding confidentiality 
of the reporter's submission, (2) revising the organizational chart to 
include information on physical address, state and country of 
incorporation, and general and limited partners, (3) adding the 
rounding definition from the FR Y-10 to ensure the reporting of 
percentage ownership is consistent across all structure reporting 
forms, (4) modifying the language for securities holders to include 
persons working in concert, including families, and (5) revising the 
insiders information to include options, warrants, or other securities 
as reportable voting securities and to include families in the 
definition of a principal securities holder.
    The Federal Reserve proposes to revise the FR Y-7 reporting form 
and instructions by (1) Clarifying the language regarding 
confidentiality of the reporter's submission, (2) revising the 
organizational chart to include information on physical address and 
general and limited partners, (3) adding a box to the report form to 
indicate whether the Annual Report to Shareholders is included in the 
submission of the FR Y-7, (4) requiring the reporting of the 
representative office when there are no other reportable offices in the 
United States, and (5) providing confidential treatment for street 
addresses of securities holders who are individuals.
    The proposed changes to the FR Y-6 and FR Y-7 reporting form and 
instructions would be effective December 31, 2011. The proposed changes 
to the FR Y-10 reporting form and instructions would be effective 
January 1, 2012.
    Proposal to approve under OMB delegated authority the extension for 
three years, without revision of the following report:
    Report title: Supplement to the Report of Changes in Organizational 
Structure.
    Agency form number: FR Y-10E.
    OMB control number: 7100-0297.
    Frequency: Event-generated.
    Reporters: BHCs, FBOs, state member banks, Edge and agreement 
corporations, and nationally chartered banks that are not controlled by 
a BHC.
    Estimated annual reporting hours: 1,700 hours.
    Estimated average hours per response: 0.50 hours.
    Number of respondents: 3,400.
    General description of report: This information collection is 
mandatory under the Federal Reserve Act, the Bank Holding Company Act 
(BHC Act), and the International Banking Act (12 U.S.C. 248(a)(1), 321, 
601, 602, 611a, 615, and 625, 1843(k), 1844(c)(1)(A), 3106(a)) and 
Regulation K and Y (12 CFR 211.13(c), 225.5(b) and 225.87). Individual 
respondent data are not considered confidential. However, respondents 
may request confidential treatment for any information that they 
believe is subject to an exemption from disclosure under the Freedom of 
Information Act(FOIA), 5 U.S.C. 552(b).
    Abstract: The FR Y-10E is a free-form supplement that may be used 
to collect additional structural information deemed to be critical and 
needed in an expedited manner.

    Board of Governors of the Federal Reserve System, August 5, 
2011.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 2011-20360 Filed 8-10-11; 8:45 am]
BILLING CODE 6210-01-P