Agency Information Collection Activities; Submission for OMB Review and Approval; Joint Comment Request, 51123-51125 [2011-20885]

Download as PDF Federal Register / Vol. 76, No. 159 / Wednesday, August 17, 2011 / Notices Issued on: August 12, 2011. Jeffrey P. Michael, Associate Administrator for Research and Program Development. [FR Doc. 2011–20943 Filed 8–16–11; 8:45 am] BILLING CODE 4910–59–P DEPARTMENT OF THE TREASURY Privacy Act of 1974, as Amended Financial Management Service, Treasury. ACTION: Notice of amendment to system of records. AGENCY: In accordance with the Privacy Act of 1974, as amended, the Financial Management Service gives notice of a proposed alteration to the Privacy Act system of records entitled ‘‘Treasury/FMS .008—Mailing List Records.’’ SUMMARY: Comments must be received no later than September 16, 2011. The altered system of records will become effective September 16, 2011 unless comments are received which would result in a contrary determination. ADDRESSES: You should send your comments to Peter Genova, Deputy Chief Information Officer, Financial Management Service, 401 14th Street, SW., Washington, DC 20227. Comments received will be available for inspection at the same address between the hours of 9 a.m. and 4 p.m. Monday through Friday. You may send your comments by electronic mail to peter.genova@fms.treas.gov or http:// regulations.gov. All comments, including attachments and other supporting materials, received are subject to public disclosure. You should submit only information that you wish to make available publicly. FOR FURTHER INFORMATION CONTACT: Peter Genova, Deputy Chief Information Officer, (202) 874–1736. SUPPLEMENTARY INFORMATION: On December 16, 2010, the Financial Management Service (FMS), a bureau within the U.S. Department of the Treasury (Treasury), established a new system of records entitled ‘‘Mailing List Records—Treasury/FMS .008’’ by publishing a new system of records notice at 75 FR 78802, pursuant to the Privacy Act of 1974, as amended, 5 U.S.C. 552a. FMS proposes to amend that system of records by adding to the ‘‘categories of individuals covered by the system,’’ and the ‘‘categories of records in the system.’’ Under the existing system of records, FMS may obtain and maintain identifying information (names and Emcdonald on DSK2BSOYB1PROD with NOTICES DATES: VerDate Mar<15>2010 18:13 Aug 16, 2011 Jkt 223001 addresses) of low-to-moderate income individuals who are more likely to be unbanked or underbanked, who could potentially receive Federal tax refund payments, and whose names and addresses are included on mailing lists purchased from commercial providers. These records are maintained in order for the bureau to send letters to these individuals to inform them of the benefits of electronic payments and Treasury-recommended account options for receiving payments electronically. The information may also be used to study the effectiveness of offering account options to individuals to receive Federal payments. To study program efficacy, FMS may use the mailing list records to collect aggregate statistical information on the success and benefits of direct mail and the use of commercial database providers. FMS proposes to broaden the ‘‘categories of records in the system’’ to include demographic information about these individuals, in addition to identifying information. Further, FMS proposes to expand the ‘‘categories of individuals covered by the system’’ to include not only individuals whose records were purchased from commercial providers, but also those individuals whose information was obtained from other sources, such as people who have previously been mailed a paper check by FMS. The proposed amendments to the system would allow FMS to obtain and use information such as income range, likelihood of being unbanked, and gender in determining what types of account options best meet the needs of low- to moderate-income individuals for the purpose of receiving their Federal payments. The addition of these data elements to the system will give FMS access to information which will allow the bureau to better understand the needs of the specific population that could benefit from electronic payment of tax refunds. In this way, FMS will be able to more effectively serve the public. The altered system of records report, as required by 5 U.S.C. 552a(r) of the Privacy Act, has been submitted to the Committee on Government Reform of the House of Representatives, the Committee on Governmental Affairs of the Senate, and the Office of Management and Budget, pursuant to Appendix I to OMB Circular A–130, ‘‘Federal Agency Responsibilities for Maintaining Records About Individuals,’’ dated November 30, 2000. For the reasons described in the preamble, FMS proposes to alter its system of records Treasury/FMS .008— Mailing List Records, as set forth below. PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 51123 Treasury/FMS .008 SYSTEM NAME: Mailing List Records—Treasury/ Financial Management Service. * * * * * CATEGORIES OF INDIVIDUALS COVERED BY THE SYSTEM: Description of change: At the end of the first sentence following the word ‘‘providers’’ add the phrase ‘‘or acquired from other sources.’’ The paragraph is revised to read: ‘‘Low- to moderateincome individuals who are more likely to be unbanked or underbanked, who could potentially receive Federal tax refund payments, and whose names and addresses are included on mailing lists purchased from commercial providers or acquired from other sources.’’ CATEGORIES OF RECORDS IN THE SYSTEM: Description of change: At the end of the sentence following the word ‘‘address’’ add the phrase ‘‘as well as demographic data, such as income range, gender or other characteristics.’’ The paragraph is revised to read: ‘‘The records may contain identifying information, such as an individual’s name(s) and address, as well as demographic data, such as income range, gender or other characteristics.’’ * * * * * Dated: August 8, 2011. Veronica Marco, Acting Deputy Assistant Secretary for Privacy, Transparency, and Records. [FR Doc. 2011–20951 Filed 8–16–11; 8:45 am] BILLING CODE 4810–35–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Federal Reserve System Federal Deposit Insurance Corporation Agency Information Collection Activities; Submission for OMB Review and Approval; Joint Comment Request Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of information collection to be submitted to OMB for review and approval under the Paperwork Reduction Act of 1995. AGENCIES: In accordance with the requirements of the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the SUMMARY: E:\FR\FM\17AUN1.SGM 17AUN1 Emcdonald on DSK2BSOYB1PROD with NOTICES 51124 Federal Register / Vol. 76, No. 159 / Wednesday, August 17, 2011 / Notices FDIC, (collectively, the ‘‘agencies’’) may not conduct or sponsor, and the 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 agencies, as part of their continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995. On July 21, 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). As part of the comprehensive package of financial regulatory reform measures enacted, Title III of the Dodd-Frank Act transfers the powers, authorities, rights and duties of the Office of Thrift Supervision (OTS) to other banking agencies, including the Office of the Comptroller of the Currency (OCC), on the ‘‘transfer date.’’ The transfer date is one year after the date of enactment of the Dodd-Frank Act, July 21, 2011. The Dodd-Frank Act also abolishes the OTS ninety days after the transfer date. As a result of the Dodd-Frank Act, OTS transferred this information collection to the OCC. Notice is hereby given of the final approval of proposed information collection by the Board under OMB delegated authority, as per 5 CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the Public). The OCC and FDIC are also giving notice that they have sent the collection to OMB for review and approval. DATES: Comments must be received by September 16, 2011. ADDRESSES: Interested parties are invited to submit written comments to any or all of the agencies. All comments, which should refer to the OMB control number, will be shared among the agencies. Comments should be addressed to: OCC: Communications Division, Office of the Comptroller of the Currency, Mailstop 2–3, Attention: 1557–0242, 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 the 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 VerDate Mar<15>2010 18:13 Aug 16, 2011 Jkt 223001 government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Board: You may submit comments, identified by FR 4199, by any of the following methods: • Agency Web Site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • 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, except as necessary 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. FDIC: You may submit comments by any of the following methods: • Agency Web Site: http:// www.fdic.gov/regulations/laws/federal/ notices.html. Follow instructions for submitting comments on the Agency Web Site. • E-mail: Comments@FDIC.gov. Include ‘‘Basel II Supervisory Guidance’’ in the subject line of the message. • Mail: Robert E. Feldman, Executive Secretary, Attention: Comments, Federal Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 20429. • Hand Delivery/Courier: Guard station at the rear of the 550 17th Street Building (located on F Street) on business days between 7 a.m. and 5 p.m. (EST). • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Public Inspection: All comments received will be posted without change to http://www.fdic.gov/regulations/laws/ federal including any personal information provided. Comments may be inspected and photocopied in the FDIC Public Information Center, 3501 North Fairfax Drive, Room E–1002, Arlington, VA 22226, between 9 a.m. and 5 p.m. (EST) on business days. Paper copies of public comments may be ordered from the Public Information PO 00000 Frm 00134 Fmt 4703 Sfmt 4703 Center by telephone at (877) 275–3342 or (703) 562–2200. • OMB Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: OCC: Mary H. Gottlieb or Ira L. Mills, OCC Clearance Officers, (202) 874–5090 or (202) 874–6055, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219. Board: Cynthia Ayouch, Acting Federal Reserve Board Clearance Officer, (202) 452–3829, Division of Research and Statistics, Board of Governors of the Federal Reserve System, 20th and C Streets, NW., Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may call (202) 263–4869. FDIC: Leneta Gregorie, Counsel, (202) 898–3719, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 20429. SUPPLEMENTARY INFORMATION: Title of Information Collection: Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2). OMB Control Numbers: OCC: 1557–0242. Board: 7100–0320. FDIC: 3064–0165. Frequency of Response: Eventgenerated. Affected Public OCC: National banks and savings associations, and certain subsidiaries of these entities. Board: State member banks and bank holding companies. FDIC: Insured state nonmember banks, state savings associations, and certain subsidiaries of these entities. Abstract: The agencies issued a supervisory guidance document for implementing the supervisory review process (Pillar 2). The guidance was issued on July 31, 2008 (73 FR 44620). Sections 37, 41, 43, and 46 of the guidance impose information collection requirements. Section 37 states that banks should state clearly the definition of capital used in any aspect of its internal capital adequacy assessment process (ICAAP) and document any changes in the internal definition of capital. Section 41 requires banks to maintain thorough documentation of ICAAP. Section 43 specifies that boards of directors must approve the bank’s ICAAP, review it on a regular basis, and approve any changes. Boards of E:\FR\FM\17AUN1.SGM 17AUN1 Federal Register / Vol. 76, No. 159 / Wednesday, August 17, 2011 / Notices directors also are required under section 46 to periodically review the assessment of overall capital adequacy and to analyze how measures of internal capital adequacy compare with other capital measures (such as regulatory or accounting). The agencies’ burden estimates for these information collection requirements are summarized below. Note that the estimated number of respondents listed below include both institutions for which the Basel II riskbased capital requirements are mandatory and institutions that may be considering opting-in to Basel II (despite the lack of any formal commitment by most of these latter institutions). Estimated Burden OCC Number of Respondents: 51. Estimated Burden per Respondent: 140 hours. Total Estimated Annual Burden: 7,140 hours. Board (d) Ways to minimize the burden of information collections 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. Comments submitted in response to this joint notice will be shared among the agencies. All comments will become a matter of public record. Dated: August 11, 2011. Michele Meyer, Assistant Director, Legislative & Regulatory Activities Division, Office of the Comptroller of the Currency. By order of the Board of Governors of the Federal Reserve System, August 9, 2011. Jennifer J. Johnson, Secretary of the Board. Dated at Washington, DC, the 11th day of August, 2011. By order of the Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. Number of Respondents: 18. Estimated Burden per Respondent: 420 hours. Total Estimated Annual Burden: 7,560 hours. [FR Doc. 2011–20885 Filed 8–16–11; 8:45 am] FDIC Office of Foreign Assets Control BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P DEPARTMENT OF THE TREASURY Number of Respondents: 19. Estimated Burden per Respondent: 420 hours. Total Estimated Annual Burden: 7,980 hours. Current Actions: On April 21, 2011, the agencies published a notice in the Federal Register requesting public comment for 60 days on the extension, without revision, of the information collection (76 FR 22450). The comment period for this notice expired on June 20, 2011. The agencies did not receive any comments. Emcdonald on DSK2BSOYB1PROD with NOTICES Request for Comment Public comment is requested on all aspects of this joint notice. Comments are invited on: (a) Whether the collections of information that are the subject of this notice are necessary for the proper performance of the agencies’ functions, including whether the information has practical utility; (b) The accuracy of the agencies’ estimates of the burden of the information collections, including the validity of the methodology and assumptions used; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; VerDate Mar<15>2010 18:13 Aug 16, 2011 Jkt 223001 Additional Identifying Information Associated With Persons Whose Property and Interests in Property Are Blocked Pursuant to Executive Order 13581of July 24, 2011, ‘‘Blocking Property of Transnational Criminal Organizations.’’ Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing additional identifying information associated with the four entities listed in the Annex to Executive Order 13581 of July 24, 2011, ‘‘Blocking Property of Transnational Criminal Organizations.’’ FOR FURTHER INFORMATION CONTACT: Assistant Director, Sanctions Compliance & Evaluation Office of Foreign Assets Control Department of the Treasury, 1500 Pennsylvania Avenue, NW., (Treasury Annex), Washington, DC 20220, Tel.: 202/622– 2490. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic and Facsimile Availability This document and additional information concerning OFAC are PO 00000 Frm 00135 Fmt 4703 Sfmt 9990 51125 available from OFAC’s Web site (http:// www.treas.gov/ofac). Certain general information pertaining to OFAC’s sanctions programs is available via facsimile through a 24-hour fax-ondemand service, tel.: 202/622–0077. Background On July 24, 2011, the President issued Executive Order 13581, ‘‘Blocking Property of Transnational Criminal Organizations’’ (the ‘‘Order’’), pursuant to, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–06). The Order was effective at 12:01 a.m. eastern daylight time on July 25, 2011. Section 1 of the Order blocks, with certain exceptions, all property and interests in property that are in the United States, that come within the United States, or that are or come within the possession or control of any United States person, of persons listed in the Annex to the Order and of persons determined by the Secretary of the Treasury, in consultation with the Attorney General and the Secretary of State, to satisfy certain criteria set forth in the Order. The Annex to the Order lists four entities whose property and interests in property are blocked pursuant to the Order. OFAC is publishing additional identifying information associated with these entities. Property and interests in property of one of those entities, identified below by the code ‘‘[SDNTK]’’, also are blocked pursuant to another OFAC sanctions program. The listings for these entities on OFAC’s list of Specially Designated Nationals and Blocked Persons appear as follows: Entities 1. THE BROTHERS’ CIRCLE (a.k.a. ‘‘MOSCOW CENTER’’; f.k.a. ‘‘FAMILY OF ELEVEN’’; f.k.a. ‘‘THE TWENTY’’) [TCO] 2. CAMORRA, Naples, Italy; Campania, Italy [TCO] 3. YAKUZA (a.k.a. BORYOKUDAN; a.k.a. GOKUDO), Japan [TCO] 4. LOS ZETAS, Mexico [SDNTK] [TCO] Dated: August 11, 2011. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2011–20956 Filed 8–16–11; 8:45 am] BILLING CODE 4811–AL–P E:\FR\FM\17AUN1.SGM 17AUN1

Agencies

[Federal Register Volume 76, Number 159 (Wednesday, August 17, 2011)]
[Notices]
[Pages 51123-51125]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-20885]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

Federal Reserve System

Federal Deposit Insurance Corporation


Agency Information Collection Activities; Submission for OMB 
Review and Approval; Joint Comment Request

AGENCIES: Office of the Comptroller of the Currency, Treasury (OCC); 
Board of Governors of the Federal Reserve System (Board); and Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

-----------------------------------------------------------------------

SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act (PRA) of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the

[[Page 51124]]

FDIC, (collectively, the ``agencies'') may not conduct or sponsor, and 
the 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 agencies, as part of their continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to comment on a continuing information 
collection, as required by the Paperwork Reduction Act of 1995.
    On July 21, 2010, President Barack Obama signed into law the Dodd-
Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). 
As part of the comprehensive package of financial regulatory reform 
measures enacted, Title III of the Dodd-Frank Act transfers the powers, 
authorities, rights and duties of the Office of Thrift Supervision 
(OTS) to other banking agencies, including the Office of the 
Comptroller of the Currency (OCC), on the ``transfer date.'' The 
transfer date is one year after the date of enactment of the Dodd-Frank 
Act, July 21, 2011. The Dodd-Frank Act also abolishes the OTS ninety 
days after the transfer date. As a result of the Dodd-Frank Act, OTS 
transferred this information collection to the OCC.
    Notice is hereby given of the final approval of proposed 
information collection by the Board under OMB delegated authority, as 
per 5 CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on 
the Public). The OCC and FDIC are also giving notice that they have 
sent the collection to OMB for review and approval.

DATES: Comments must be received by September 16, 2011.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments, which should refer to the OMB 
control number, will be shared among the agencies. Comments should be 
addressed to:
    OCC: Communications Division, Office of the Comptroller of the 
Currency, Mailstop 2-3, Attention: 1557-0242, 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 the 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.
    Board: You may submit comments, identified by FR 4199, by any of 
the following methods:
     Agency Web Site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     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, except as necessary 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.
    FDIC: You may submit comments by any of the following methods:
     Agency Web Site: http://www.fdic.gov/regulations/laws/federal/notices.html. Follow instructions for submitting comments on 
the Agency Web Site.
     E-mail: Comments@FDIC.gov. Include ``Basel II Supervisory 
Guidance'' in the subject line of the message.
     Mail: Robert E. Feldman, Executive Secretary, Attention: 
Comments, Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
     Hand Delivery/Courier: Guard station at the rear of the 
550 17th Street Building (located on F Street) on business days between 
7 a.m. and 5 p.m. (EST).
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Public Inspection: All comments received will be posted 
without change to http://www.fdic.gov/regulations/laws/federal 
including any personal information provided. Comments may be inspected 
and photocopied in the FDIC Public Information Center, 3501 North 
Fairfax Drive, Room E-1002, Arlington, VA 22226, between 9 a.m. and 5 
p.m. (EST) on business days. Paper copies of public comments may be 
ordered from the Public Information Center by telephone at (877) 275-
3342 or (703) 562-2200.
     OMB Desk Officer--Shagufta Ahmed--Office of Information 
and Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT:
    OCC: Mary H. Gottlieb or Ira L. Mills, OCC Clearance Officers, 
(202) 874-5090 or (202) 874-6055, Legislative and Regulatory Activities 
Division, Office of the Comptroller of the Currency, 250 E Street, SW., 
Washington, DC 20219.
    Board: Cynthia Ayouch, Acting Federal Reserve Board Clearance 
Officer, (202) 452-3829, Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, 20th and C Streets, NW., 
Washington, DC 20551. Telecommunications Device for the Deaf (TDD) 
users may call (202) 263-4869.
    FDIC: Leneta Gregorie, Counsel, (202) 898-3719, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.

SUPPLEMENTARY INFORMATION:
    Title of Information Collection: Basel II Interagency Supervisory 
Guidance for the Supervisory Review Process (Pillar 2).
    OMB Control Numbers:
    OCC: 1557-0242.
    Board: 7100-0320.
    FDIC: 3064-0165.
    Frequency of Response: Event-generated.

Affected Public

    OCC: National banks and savings associations, and certain 
subsidiaries of these entities.
    Board: State member banks and bank holding companies.
    FDIC: Insured state nonmember banks, state savings associations, 
and certain subsidiaries of these entities.
    Abstract: The agencies issued a supervisory guidance document for 
implementing the supervisory review process (Pillar 2). The guidance 
was issued on July 31, 2008 (73 FR 44620).
    Sections 37, 41, 43, and 46 of the guidance impose information 
collection requirements. Section 37 states that banks should state 
clearly the definition of capital used in any aspect of its internal 
capital adequacy assessment process (ICAAP) and document any changes in 
the internal definition of capital. Section 41 requires banks to 
maintain thorough documentation of ICAAP. Section 43 specifies that 
boards of directors must approve the bank's ICAAP, review it on a 
regular basis, and approve any changes. Boards of

[[Page 51125]]

directors also are required under section 46 to periodically review the 
assessment of overall capital adequacy and to analyze how measures of 
internal capital adequacy compare with other capital measures (such as 
regulatory or accounting).
    The agencies' burden estimates for these information collection 
requirements are summarized below. Note that the estimated number of 
respondents listed below include both institutions for which the Basel 
II risk-based capital requirements are mandatory and institutions that 
may be considering opting-in to Basel II (despite the lack of any 
formal commitment by most of these latter institutions).

Estimated Burden

OCC

    Number of Respondents: 51.
    Estimated Burden per Respondent: 140 hours.
    Total Estimated Annual Burden: 7,140 hours.

Board

    Number of Respondents: 18.
    Estimated Burden per Respondent: 420 hours.
    Total Estimated Annual Burden: 7,560 hours.

FDIC

    Number of Respondents: 19.
    Estimated Burden per Respondent: 420 hours.
    Total Estimated Annual Burden: 7,980 hours.
    Current Actions: On April 21, 2011, the agencies published a notice 
in the Federal Register requesting public comment for 60 days on the 
extension, without revision, of the information collection (76 FR 
22450). The comment period for this notice expired on June 20, 2011. 
The agencies did not receive any comments.

Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comments are invited on:
    (a) Whether the collections of information that are the subject of 
this notice are necessary for the proper performance of the agencies' 
functions, including whether the information has practical utility;
    (b) The accuracy of the agencies' estimates of the burden of the 
information collections, including the validity of the methodology and 
assumptions used;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of information collections 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.
    Comments submitted in response to this joint notice will be shared 
among the agencies. All comments will become a matter of public record.

    Dated: August 11, 2011.
Michele Meyer,
Assistant Director, Legislative & Regulatory Activities Division, 
Office of the Comptroller of the Currency.
    By order of the Board of Governors of the Federal Reserve 
System, August 9, 2011.
Jennifer J. Johnson,
Secretary of the Board.
    Dated at Washington, DC, the 11th day of August, 2011.

    By order of the Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2011-20885 Filed 8-16-11; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P