Proposed Agency Information Collection Activities; Comment Request, 76730-76732 [2011-31431]

Download as PDF 76730 Federal Register / Vol. 76, No. 236 / Thursday, December 8, 2011 / Notices that the record timely and unambiguously includes those materials that parties to our proceedings believe to be germane and informative. In the context of formal complaint proceedings, the Commission’s rules already require parties to provide ‘‘all non-Commission authorities relied upon which are not routinely available in national reporting systems, such as unpublished decisions or slip opinions of courts or administrative agencies.’’ See 47 CFR 1.721(f). What would be the benefits and burdens of such a new procedural requirement in rulemaking proceedings? Should any such rule distinguish among types of documents cited? For example, should data be treated differently from other forms of information and should economic analysis be treated differently from a law review article, court decision, or other government publication? Should ease of access to the cited information matter? If so, how should ease of access be determined? Are there some circumstances in which materials could not practically be placed in the record, such as when third parties do not permit copying (e.g., daily newsletters), the material is very bulky, or the material is in the form of a database? Would parties need to place an entire document in the record or would an excerpt suffice? Should the inclusion of an Internet address (URL) where the document can be viewed be deemed sufficient to satisfy the filing requirement for that document? Might this proposal diminish the quality of the comments received by the Commission, for instance if the additional burden of providing supporting materials outweighs their perceived value to the commenter? Would this proposal impose an undue paperwork burden on filers? Should the proposal be adopted in additional, or different, categories of proceedings? Federal Communications Commission. Julie A. Veach, Deputy General Counsel, Office of General Counsel. [FR Doc. 2011–31545 Filed 12–7–11; 8:45 am] BILLING CODE 6712–01–P mstockstill on DSK4VPTVN1PROD with NOTICES FEDERAL ELECTION COMMISSION Sunshine Act Meeting Federal Election Commission. DATE & TIME: Tuesday, December 13, 2011 at 10 a.m. PLACE: 999 E Street, NW., Washington, DC STATUS: This meeting will be closed to the public. AGENCY: VerDate Mar<15>2010 15:59 Dec 07, 2011 Jkt 226001 Compliance matters pursuant to 2 U.S.C. 437g. Audits conducted pursuant to 2 U.S.C. 437g, 438(b), and Title 26, U.S.C. Matters concerning participation in civil actions or proceedings or arbitration. Internal personnel rules and procedures or matters affecting a particular employee. * * * * * PERSON TO CONTACT FOR INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. ITEMS TO BE DISCUSSED: Shelley E. Garr, Deputy Secretary of the Commission. [FR Doc. 2011–31649 Filed 12–6–11; 4:15 pm] BILLING CODE 6715–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. SUMMARY: 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), pursuant to 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 part 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. DATES: Comments must be submitted on or before February 6, 2012. ADDRESSES: You may submit comments, identified by FR 2644, FR 2835, FR 2835a, or FR 2502q, 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. AGENCY: PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Email: regs.comments@federalreserve.gov. Include OMB control 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 may send a copy of their comments to the OMB Desk Officer—Shagufta Ahmed —Office of Information and Regulatory Affairs, 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. Federal Reserve Board Clearance Officer—Cynthia Ayouch—Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202) 452–3829). Telecommunications Device for the Deaf (TDD) users may contact (202) 263–4869), Board of Governors of the Federal Reserve System, Washington, DC 20551. SUPPLEMENTARY INFORMATION: Request for Comment on Information Collection Proposals The following information collections, which are being handled under this delegated authority, have received initial Board approval and are hereby published for comment. At the end of the comment period, the E:\FR\FM\08DEN1.SGM 08DEN1 Federal Register / Vol. 76, No. 236 / Thursday, December 8, 2011 / Notices mstockstill on DSK4VPTVN1PROD with NOTICES proposed information collections, 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; 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; and e. Estimates of capital or start up costs and costs of operation, maintenance, and purchase of services to provide information. Proposals To Approve Under OMB Delegated Authority the Extension for Three Years, Without Revision of the Following Reports 1. Report title: Weekly Report of Selected Assets and Liabilities of Domestically Chartered Commercial Banks and U.S. Branches and Agencies of Foreign Banks. Agency form number: FR 2644. OMB control number: 7100–0075. Frequency: Weekly. Reporters: Domestically chartered commercial banks and U.S. branches and agencies of foreign banks. Estimated annual reporting hours: 120,575 hours. Estimated average hours per response: 2.65 hours. Number of respondents: 875. General description of report: The FR 2644 is authorized by section 2A and 11(a)(2) of the Federal Reserve Act (12 U.S.C. 225(a) and 248(a)(2)) and by section 7(c)(2) of the International Banking Act (12 U.S.C. 3105(c)(2)) and is voluntary. Individual respondent data are regarded as confidential under the Freedom of Information Act (5 U.S.C. 552(b)(4)). Abstract: The FR 2644 is the primary source of high-frequency data used in the analysis of current banking developments. The FR 2644 collects sample data that are used to estimate universe levels using data from the quarterly commercial bank Consolidated Reports of Condition and Income (FFIEC 031 and 041; OMB No. 7100–0036) and VerDate Mar<15>2010 15:59 Dec 07, 2011 Jkt 226001 the Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002; OMB No. 7100–0032) (Call Reports). Data from the FR 2644, together with data from other sources, are used to construct weekly estimates of bank credit, balance sheet data for the U.S. banking industry, sources and uses of banks’ funds, and to analyze banking developments. Current actions: No changes are proposed to the FR 2644; however, going forward, the Federal Reserve would modify the FR 2644 instructions as needed to maintain consistency with any instructional revisions to the Call Reports that might occur during the three year extension period. 2. Report title: Quarterly Report of Interest Rates on Selected Direct Consumer Installment Loans; Quarterly Report of Credit Card Plans.1 Agency form number: FR 2835; FR 2835a. OMB control number: 7100–0085. Frequency: Quarterly. Reporters: Commercial banks. Estimated annual reporting hours: FR 2835, 132 hours; FR 2835a: 100 hours. Estimated average hours per response: FR 2835, .22 hours; FR 2835a: .50 hours. Number of respondents: FR 2835, 150; FR 2835a, 50. General description of report: These information collections are voluntary (12 U.S.C. 248(a)(2)). The FR 2835a individual respondent data are given confidential treatment (5 U.S.C. 552 (b)(4)). The FR 2835 data, however, are not given confidential treatment. Abstract: The FR 2835 collects information from a sample of commercial banks on interest rates charged on loans for new vehicles and loans for other consumer goods and personal expenses. The data are used for the analysis of household financial conditions. The FR 2835a collects information on two measures of credit card interest rates from a sample of commercial banks with $1 billion or more in credit card receivables and a representative group of smaller issuers. The data are used to analyze the credit card market and draw implications for the household sector. 1 This family of reports also contains the following voluntary reports, which have fewer than 10 respondents and do not require an OMB control number: Automobile Finance Terms (FR 2005) and the Passenger Auto Contract Collection Trends (FR 2012). The Federal Reserve proposes to combine FR 2005 and the FR 2012 into one reporting form, the Automobile Finance Company Report (FR 2512) with no changes to the data items reported. PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 76731 Proposal To Approve Under OMB Delegated Authority the Extension for Three Years, With Revision of the Following Report 1. Report title: Quarterly Report of Assets and Liabilities of Large Foreign Offices of U.S. Banks. Agency form number: FR 2502q. OMB control number: 7100–0079. Frequency: Quarterly. Reporters: Major foreign branches and banking subsidiaries of U.S. depository institutions that are located in the Caribbean or the United Kingdom. Estimated annual reporting hours: 574 hours. Estimated average hours per response: 3.5 hours. Number of respondents: 41. General description of report: This information collection is required (12 U.S.C. 248(a)(2), 461, 602, and 625) and is given confidential treatment (5 U.S.C. 552(b)(4)). Abstract: The FR 2502q collects data quarterly on the geographic distribution of the assets and liabilities of major U.K. or Caribbean branches and subsidiaries of U.S. commercial banks, bank holding companies, including financial holding companies, and of banking Edge and agreement corporations. Data from this reporting form comprise a piece of the flow of funds data that are compiled by the Federal Reserve. FR 2502q data also helps the Federal Reserve understand the nature of activities of foreign offices of U.S. banks, particularly the scope of cross-border activity that is conducted by different foreign offices in the United Kingdom and the Caribbean. Current Actions: The Federal Reserve proposes several revisions to the FR 2502q reporting form and instructions. The reporting form would be modified by removing Netherland Antilles (Country code: 37206) from the list of reportable countries and adding Curacao and Saint Maarten to the country list with Bonaire, St. Eustatius and Saba to be covered in Other Latin America and Caribbean. These proposed changes to the FR 2502q country list are necessary since Netherland Antilles was dissolved in October 2010 and the dissolution resulted in the creation of Curacao and Saint Maarten as separate countries and Bonaire, St. Eustatius and Saba as municipalities of the Netherlands. In addition, the Federal Reserve proposes the following revisions to the FR 2502q instructions: (1) Clarify that entities located outside of the United Kingdom and the Caribbean are not required to file the report and (2) clarify that securities purchased and sold under resale and repurchase agreements can be netted if they meet the E:\FR\FM\08DEN1.SGM 08DEN1 76732 Federal Register / Vol. 76, No. 236 / Thursday, December 8, 2011 / Notices requirements outlined in FASB Interpretation No. 41, ‘‘Offsetting of Amounts Related to Certain Repurchase and Reverse Repurchase Agreements’’ (FIN 41). The FR 2502q instructions would also be modified to indicate that countries or dependencies not listed on the reporting form should be summed in each proposed regional subtotal, rather than current data item, ‘‘UNALLOCATED’’. In addition, the Federal Reserve would make minor changes to the FR 2502q instructions to enhance clarity. Board of Governors of the Federal Reserve System, December 2, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–31431 Filed 12–7–11; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES [Document Identifier OS–0937–0198] Agency Information Collection Request; 60-Day Public Comment Request Office of the Secretary, HHS. In compliance with the requirement of section 3506(c)(2)(A) of the AGENCY: at the above email address within 60days. Proposed Project: Public Health Service Polices on Research Misconduct (42 CFR part 93)—OMB No 0937–0198– Extension—Office of Research Integrity. Abstract: This is a request for an extension of the currently approved collection. The purpose of the Annual Report on Possible Research Misconduct (Annual Report) form is to provide data on the amount of research misconduct activity occurring in institutions conducting PHS supported research. In addition this provides an annual assurance that the institution has established and will follow administrative policies and procedures for responding to allegations of research misconduct that comply with the Public Health Service (PHS) Policies on Research Misconduct (42 CFR part 93). Research misconduct is defined as receipt of an allegation of research misconduct and/or the conduct of an inquiry and/or investigation into such allegations. These data enable the ORI to monitor institutional compliance with the PHS regulation. Lastly, the form will be used to respond to congressional requests for information to prevent misuse of Federal funds and to protect the public interest. Paperwork Reduction Act of 1995, the Office of the Secretary (OS), Department of Health and Human Services, is publishing the following summary of a proposed information collection request for public comment. Interested persons are invited to send comments regarding this burden estimate or any other aspect of this collection of information, including any of the following subjects: (1) The necessity and utility of the proposed information collection for the proper performance of the agency’s functions; (2) the accuracy of the estimated burden; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) the use of automated collection techniques or other forms of information technology to minimize the information collection burden. To obtain copies of the supporting statement and any related forms for the proposed paperwork collections referenced above, email your request, including your address, phone number, OMB number, and OS document identifier, to Sherette.funncoleman@hhs.gov, or call the Reports Clearance Office on (202) 690–6162. Written comments and recommendations for the proposed information collections must be directed to the OS Paperwork Clearance Officer ESTIMATED ANNUALIZED BURDEN TABLE Number of respondents Forms (if necessary) Type of respondent PHS–6349 ......................................... Awardee Institutions ......................... Keith A.Tucker, Office of the Secretary, Paperwork Reduction Act Reports Clearance Officer. [FR Doc. 2011–31468 Filed 12–7–11; 8:45 am] BILLING CODE 4150–31–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Nominations to the Advisory Committee on Blood Safety and Availability mstockstill on DSK4VPTVN1PROD with NOTICES VerDate Mar<15>2010 15:59 Dec 07, 2011 Jkt 226001 in the Department of Health and Human Services (HHS). Management support for the activities of this Committee is the responsibility of the OASH. The qualified individuals will be nominated to the Secretary of HHS for consideration of appointment as members of the ACBSA. Members of the Committee, including the Chair, are appointed by the Secretary. Members are invited to serve on the Committee for up to four-year terms. All nominations must be received no later than 4 p.m. EDT on January 27, 2012, at the address listed below. All nominations should be mailed or delivered to Mr. James Berger, Acting Director, Blood Safety and Availability, Office of the Assistant Secretary for Health, Department of Health and Human Services, 1101 Wootton Parkway, Suite 250, Rockville, MD 20852. Telephone: (240) 453–8803. ADDRESSES: The Office of Assistant Secretary for Health (OASH) is seeking nominations of qualified individuals to be considered for appointment as members of the Advisory Committee on Blood Safety and Availability (ACBSA). ACBSA is a Federal advisory committee SUMMARY: 6096 DATES: Office of the Secretary, Department of Health and Human Services. ACTION: Notice. AGENCY: PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 Number of responses per respondent 1 Average burden hours per response Total burden hours 10/60 1,016 Dr. Melissa Greenwald, Associate Public Health Advisor for Blood, Organ and Tissue Safety Policy, Department of Health and Human Services, 1101 Wootton Parkway, Suite 250, Rockville, MD 20852. Telephone: (240) 453–8803. A copy of the Committee charter and roster of the current membership can be obtained by contacting Dr. Greenwald or by accessing the ACBSA Web site at http://www.hhs.gov/bloodsafety. SUPPLEMENTARY INFORMATION: The Advisory Committee on Blood Safety and Availability shall provide advice to the Secretary and to the Assistant Secretary for Health. The Committee shall advise on a range of policy issues to include: (1) Definition of public health parameters around safety and availability of the blood and blood products, (2) broad public health, ethical, and legal issues related to transfusion and transplantation safety, and (3) the implications for safety and FOR FURTHER INFORMATION CONTACT: E:\FR\FM\08DEN1.SGM 08DEN1

Agencies

[Federal Register Volume 76, Number 236 (Thursday, December 8, 2011)]
[Notices]
[Pages 76730-76732]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-31431]


=======================================================================
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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: 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), 
pursuant to 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 part 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.

DATES: Comments must be submitted on or before February 6, 2012.

ADDRESSES: You may submit comments, identified by FR 2644, FR 2835, FR 
2835a, or FR 2502q, 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.
     Email: regs.comments@federalreserve.gov. Include OMB 
control 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 may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed --Office of Information and Regulatory 
Affairs, 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.
    Federal Reserve Board Clearance Officer--Cynthia Ayouch--Division 
of Research and Statistics, Board of Governors of the Federal Reserve 
System, Washington, DC 20551 (202) 452-3829). Telecommunications Device 
for the Deaf (TDD) users may contact (202) 263-4869), Board of 
Governors of the Federal Reserve System, Washington, DC 20551.

SUPPLEMENTARY INFORMATION: 

Request for Comment on Information Collection Proposals

    The following information collections, which are being handled 
under this delegated authority, have received initial Board approval 
and are hereby published for comment. At the end of the comment period, 
the

[[Page 76731]]

proposed information collections, 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;
    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; and
    e. Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.

Proposals To Approve Under OMB Delegated Authority the Extension for 
Three Years, Without Revision of the Following Reports

    1. Report title: Weekly Report of Selected Assets and Liabilities 
of Domestically Chartered Commercial Banks and U.S. Branches and 
Agencies of Foreign Banks.
    Agency form number: FR 2644.
    OMB control number: 7100-0075.
    Frequency: Weekly.
    Reporters: Domestically chartered commercial banks and U.S. 
branches and agencies of foreign banks.
    Estimated annual reporting hours: 120,575 hours.
    Estimated average hours per response: 2.65 hours.
    Number of respondents: 875.
    General description of report: The FR 2644 is authorized by section 
2A and 11(a)(2) of the Federal Reserve Act (12 U.S.C. 225(a) and 
248(a)(2)) and by section 7(c)(2) of the International Banking Act (12 
U.S.C. 3105(c)(2)) and is voluntary. Individual respondent data are 
regarded as confidential under the Freedom of Information Act (5 U.S.C. 
552(b)(4)).
    Abstract: The FR 2644 is the primary source of high-frequency data 
used in the analysis of current banking developments. The FR 2644 
collects sample data that are used to estimate universe levels using 
data from the quarterly commercial bank Consolidated Reports of 
Condition and Income (FFIEC 031 and 041; OMB No. 7100-0036) and the 
Report of Assets and Liabilities of U.S. Branches and Agencies of 
Foreign Banks (FFIEC 002; OMB No. 7100-0032) (Call Reports). Data from 
the FR 2644, together with data from other sources, are used to 
construct weekly estimates of bank credit, balance sheet data for the 
U.S. banking industry, sources and uses of banks' funds, and to analyze 
banking developments.
    Current actions: No changes are proposed to the FR 2644; however, 
going forward, the Federal Reserve would modify the FR 2644 
instructions as needed to maintain consistency with any instructional 
revisions to the Call Reports that might occur during the three year 
extension period.
    2. Report title: Quarterly Report of Interest Rates on Selected 
Direct Consumer Installment Loans; Quarterly Report of Credit Card 
Plans.\1\
---------------------------------------------------------------------------

    \1\ This family of reports also contains the following voluntary 
reports, which have fewer than 10 respondents and do not require an 
OMB control number: Automobile Finance Terms (FR 2005) and the 
Passenger Auto Contract Collection Trends (FR 2012). The Federal 
Reserve proposes to combine FR 2005 and the FR 2012 into one 
reporting form, the Automobile Finance Company Report (FR 2512) with 
no changes to the data items reported.
---------------------------------------------------------------------------

    Agency form number: FR 2835; FR 2835a.
    OMB control number: 7100-0085.
    Frequency: Quarterly.
    Reporters: Commercial banks.
    Estimated annual reporting hours: FR 2835, 132 hours; FR 2835a: 100 
hours.
    Estimated average hours per response: FR 2835, .22 hours; FR 2835a: 
.50 hours.
    Number of respondents: FR 2835, 150; FR 2835a, 50.
    General description of report: These information collections are 
voluntary (12 U.S.C. 248(a)(2)). The FR 2835a individual respondent 
data are given confidential treatment (5 U.S.C. 552 (b)(4)). The FR 
2835 data, however, are not given confidential treatment.
    Abstract: The FR 2835 collects information from a sample of 
commercial banks on interest rates charged on loans for new vehicles 
and loans for other consumer goods and personal expenses. The data are 
used for the analysis of household financial conditions.
    The FR 2835a collects information on two measures of credit card 
interest rates from a sample of commercial banks with $1 billion or 
more in credit card receivables and a representative group of smaller 
issuers. The data are used to analyze the credit card market and draw 
implications for the household sector.

Proposal To Approve Under OMB Delegated Authority the Extension for 
Three Years, With Revision of the Following Report

    1. Report title: Quarterly Report of Assets and Liabilities of 
Large Foreign Offices of U.S. Banks.
    Agency form number: FR 2502q.
    OMB control number: 7100-0079.
    Frequency: Quarterly.
    Reporters: Major foreign branches and banking subsidiaries of U.S. 
depository institutions that are located in the Caribbean or the United 
Kingdom.
    Estimated annual reporting hours: 574 hours.
    Estimated average hours per response: 3.5 hours.
    Number of respondents: 41.
    General description of report: This information collection is 
required (12 U.S.C. 248(a)(2), 461, 602, and 625) and is given 
confidential treatment (5 U.S.C. 552(b)(4)).
    Abstract: The FR 2502q collects data quarterly on the geographic 
distribution of the assets and liabilities of major U.K. or Caribbean 
branches and subsidiaries of U.S. commercial banks, bank holding 
companies, including financial holding companies, and of banking Edge 
and agreement corporations. Data from this reporting form comprise a 
piece of the flow of funds data that are compiled by the Federal 
Reserve. FR 2502q data also helps the Federal Reserve understand the 
nature of activities of foreign offices of U.S. banks, particularly the 
scope of cross-border activity that is conducted by different foreign 
offices in the United Kingdom and the Caribbean.
    Current Actions: The Federal Reserve proposes several revisions to 
the FR 2502q reporting form and instructions. The reporting form would 
be modified by removing Netherland Antilles (Country code: 37206) from 
the list of reportable countries and adding Curacao and Saint Maarten 
to the country list with Bonaire, St. Eustatius and Saba to be covered 
in Other Latin America and Caribbean. These proposed changes to the FR 
2502q country list are necessary since Netherland Antilles was 
dissolved in October 2010 and the dissolution resulted in the creation 
of Curacao and Saint Maarten as separate countries and Bonaire, St. 
Eustatius and Saba as municipalities of the Netherlands.
    In addition, the Federal Reserve proposes the following revisions 
to the FR 2502q instructions: (1) Clarify that entities located outside 
of the United Kingdom and the Caribbean are not required to file the 
report and (2) clarify that securities purchased and sold under resale 
and repurchase agreements can be netted if they meet the

[[Page 76732]]

requirements outlined in FASB Interpretation No. 41, ``Offsetting of 
Amounts Related to Certain Repurchase and Reverse Repurchase 
Agreements'' (FIN 41).
    The FR 2502q instructions would also be modified to indicate that 
countries or dependencies not listed on the reporting form should be 
summed in each proposed regional subtotal, rather than current data 
item, ``UNALLOCATED''. In addition, the Federal Reserve would make 
minor changes to the FR 2502q instructions to enhance clarity.


    Board of Governors of the Federal Reserve System, December 2, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-31431 Filed 12-7-11; 8:45 am]
BILLING CODE 6210-01-P