Notice of Proposals to Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities, 7163-7164 [2012-3130]

Download as PDF Federal Register / Vol. 77, No. 28 / Friday, February 10, 2012 / Notices Treasury Department Clearance Officer, U.S. Department of the Treasury, 1750 Pennsylvania Avenue NW., Room 11020, Washington, DC 20220. In addition, comments may be sent by fax to (202) 927–6797, or by electronic mail to Robert.Dahl@treasury.gov. In general, the Treasury will make all comments available in their original format, including any business or personal information provided such as names, addresses, email addresses, or telephone numbers, for public inspection and copying in the Treasury library, Room 1428, Main Treasury Building, 1500 Pennsylvania Avenue NW., Washington, DC, 20220, on official business days between the hours of 10 a.m. and 5 p.m. You can make an appointment to inspect comments by calling (202) 622– 0990. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. You should only submit comments that you wish to make publicly available. Additionally, commenters may send a copy of their comments to the OMB desk officer for the Agencies by mail to the Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235 725 17th Street NW., Paperwork Reduction Project (1505– 0204 for Treasury or 7100–0317 for the Board),Washington, DC 20503 or by fax to 202–395–6974. FOR FURTHER INFORMATION CONTACT: Requests for additional information or a copy of the collection may be obtained by contacting: Board: Cynthia Ayouch, 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. Treasury: Robert B. Dahl, Treasury Department Clearance Officer, (202) 622–3119, U.S. Department of the Treasury, 1750 Pennsylvania Avenue NW., Room 11020, Washington, DC, 20220. Proposal to extend OMB approval for three years, without revision, the following currently approved information collection: Title: Prohibition on Funding of Unlawful Internet Gambling. OMB Control Numbers: Board: 7100–0317. Treasury: 1505–0204. Abstract: On November 18, 2008, the Agencies published a joint notice of final rulemaking in the Federal Register srobinson on DSK4SPTVN1PROD with NOTICES SUPPLEMENTARY INFORMATION: VerDate Mar<15>2010 21:29 Feb 09, 2012 Jkt 226001 (73 FR 69382) adopting a rule implementing certain provisions of the Act’s prohibition on the funding of unlawful Internet gambling. Identical sets of the final joint rule with identically numbered sections were adopted by the Board and the Treasury within their respective titles of the Code of Federal Regulations (12 CFR part 233 for the Board and 31 CFR part 132 for the Treasury). The compliance date for the joint rule was June 1, 2010 (74 FR 62687). The collection of information is set out in sections 5 and 6 of the joint rule.1 Section 5 of the joint rule, as required by the Act, requires all nonexempt participants in designated payment systems to establish and implement written policies and procedures reasonably designed to identify and block or otherwise prevent or prohibit transactions in connection with unlawful Internet gambling.2 Section 6 of the joint rule provides nonexclusive examples of policies and procedures deemed by the Agencies to be reasonably designed to identify and block or otherwise prevent or prohibit transactions restricted by the Act. Affected Public: Businesses or other for-profit and not-for-profit organizations. Respondent burden: For the purpose of estimating burden and accounting for it with OMB, the total number of depository institutions listed for each Agency includes the number of entities regulated by the Agency or its offices and half of the remaining depository institutions and third-party processors. Each Agency is also accounting for the burden for half of the card system operators and money transmitting business operators to which the Agencies estimate the final rule applies. Board: Estimated number of recordkeepers: 3,300 depository institutions, 3,701 credit unions, 3 card system operators, 8 money transmitting business operators, and 3 new or de novo institutions. Estimated average annual burden hours per recordkeeper: Ongoing annual burden of 8 hours per recordkeeper for 7163 depository institutions, credit unions, card system operators, and money transmitting business operators. Onetime burden of 100 hours for new or de novo institutions. Estimated frequency: Annually. Estimated total annual recordkeeping burden: Ongoing burden, 56,096 hours and one-time burden, 300 hours. Treasury: Estimated number of recordkeepers: 4,600 depository institutions, 3,701 credit unions, 3 card system operators, 8 money transmitting business operators, and 3 new or de novo institutions. Estimated average annual burden hours per recordkeeper: Ongoing annual burden of 8 hours per recordkeeper for depository institutions, credit unions, card system operators, and money transmitting business operators. Onetime burden of 100 hours for new or de novo institutions. Estimated frequency: Annually. Estimated total annual recordkeeping burden: Ongoing burden, 66,496 hours and one-time burden, 300 hours. The Agencies may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Current Actions: On September 23, 2011 the Agencies published a joint notice in the Federal Register (76 FR 59188) requesting public comment for 60 days on the extension, without revision, of the Prohibition on Funding of Unlawful Internet Gambling information collection. The comment period for this notice expired on November 22, 2011. The Agencies did not receive any comments and therefore will proceed with extending the information collection as proposed. By the Board of Governors of the Federal Reserve System on February 6, 2012. Jennifer J. Johnson, Secretary of the Board. Dated: February 2, 2012. By the Department of the Treasury. Robert B. Dahl, Clearance Officer. [FR Doc. 2012–3073 Filed 2–9–12; 8:45 am] 1 Section 802 of the Act requires the Agencies to prescribe joint regulations requiring each designated payment system, and all participants in such systems, to identify and block or otherwise prevent or prohibit restricted transactions through the establishment of policies and procedures reasonably designed to identify and block or otherwise prevent or prohibit the acceptance of restricted transactions. 31 U.S.C. 5364(a). Section 802 also requires the Agencies to include in the joint rule non-exclusive examples of reasonably designed policies and procedures. 31 U.S.C. 5364(b). 2 12 CFR 233.5 and 233.6; and 31 CFR 132.5 and 132.6. PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 BILLING CODE 6210–01–P; 4810–25–P FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 E:\FR\FM\10FEN1.SGM 10FEN1 7164 Federal Register / Vol. 77, No. 28 / Friday, February 10, 2012 / Notices CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 27, 2012. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. Live Oak Bancshares, Inc., Wilmington, North Carolina; to engage de novo through its subsidiary, BANKR, LLC, Wilmington, North Carolina, in data processing activities, pursuant to section 225.28(b)(14)(i) of Regulation Y. B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Waytru Bancorp, Cambridge City, Indiana; to continue to engage in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y. Dated: Board of Governors of the Federal Reserve System, February 7, 2012. Jennifer J. Johnson, Secretary of the Board. [FR Doc. 2012–3130 Filed 2–9–12; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES srobinson on DSK4SPTVN1PROD with NOTICES Meeting of the National Biodefense Science Board Office of the Secretary, Department of Health and Human Services. ACTION: Notice. AGENCY: As stipulated by the Federal Advisory Committee Act, the U.S. Department of Health and Human Services is hereby giving notice that the SUMMARY: VerDate Mar<15>2010 21:29 Feb 09, 2012 Jkt 226001 National Biodefense Science Board (NBSB) will be holding a closed session by teleconference under exemption 9(B) of the Government in Sunshine Act, 5 U.S.C. 552b(c). DATES: The February 28, 2012 NBSB closed session by teleconference is tentatively scheduled from 9 a.m. to 1 p.m. The agenda and time is subject to change as priorities dictate. ADDRESSES: The closed session will occur by teleconference and will not be open to the public as stipulated under exemption 9(B) of the Government in Sunshine Act, 5 U.S.C. 552b(c). FOR FURTHER INFORMATION CONTACT: MacKenzie Robertson, Acting Executive Director, NBSB, Office of the Assistant Secretary for Preparedness and Response, U.S. Department of Health and Human Services; 202–260–0447; fax 202–205–8508; Email: NBSB@HHS.GOV. SUPPLEMENTARY INFORMATION: Pursuant to section 319M of the Public Health Service Act (42 U.S.C. 247d–7f) and section 222 of the Public Health Service Act (42 U.S.C. 217a), the Department of Health and Human Services established the National Biodefense Science Board. The Board shall provide expert advice and guidance to the Secretary on scientific, technical, and other matters of special interest to the Department of Health and Human Services regarding current and future chemical, biological, nuclear, and radiological agents, whether naturally occurring, accidental, or deliberate. The Board may also provide advice and guidance to the Secretary and/or the Assistant Secretary for Preparedness and Response on other matters related to public health emergency preparedness and response. Background: The Board is being asked to review and evaluate the 2012 Public Health Emergency Medical Countermeasures Enterprise (PHEMCE) Strategy and Implementation Plan (SIP). Until a final document is approved by the Secretary of the Department of Health and Human Services (HHS), the development of PHEMCE SIP requires consideration and discussion of procurement-sensitive information that should not be released to the public prior to the Secretary’s final decision. Premature public disclosure of the draft PHEMCE SIP would limit the Secretary’s decision-making ability to effectively prioritize HHS expenditures on critical medical countermeasures. Therefore, the Board’s deliberations on the new task will be conducted in closed session in accordance with provisions set forth under exemption 9(B) of the Government in Sunshine Act, 5 U.S.C. section 552b(c), and with PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 approval by the Assistant Secretary for Preparedness and Response. Availability of Materials: The meeting materials will be posted on the NBSB Web site at www.phe.gov/nbsb. Procedures for Providing Public Input: All written comments should be sent by email to NBSB@HHS.GOV with ‘‘NBSB Public Comment’’ as the subject line. Dated: February 6, 2012. Nicole Lurie, Assistant Secretary for Preparedness and Response. [FR Doc. 2012–3127 Filed 2–9–12; 8:45 am] BILLING CODE 4150–37–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Disease, Disability, and Injury Prevention and Control Special Emphasis Panel (SEP): Initial Review The meeting announced below concerns Member Conflict Review, Program Announcement (PA) 07–318, initial review. In accordance with Section 10(a)(2) of the Federal Advisory Committee Act (Pub. L. 92–463), the Centers for Disease Control and Prevention (CDC) announces the aforementioned meeting: Time and Date: 1 p.m.–3 p.m., March 7, 2012 (Closed). Place: National Institute for Occupational Safety and Health (NIOSH), CDC, 1095 Willowdale Road Morgantown, West Virginia 26506, Telephone: (304) 285–6143. Status: The meeting will be closed to the public in accordance with provisions set forth in Section 552b(c) (4) and (6), Title 5 U.S.C., and the Determination of the Director, Management Analysis and Services Office, CDC, pursuant to Public Law 92–463. Matters To Be Discussed: The meeting will include the initial review, discussion, and evaluation of applications received in response to ‘‘Member Conflict Review, PA 07–318.’’ Contact Person for More Information: Bernadine Kuchinski, Ph.D., Scientific Review Administrator, Office of Extramural Programs, National Institute for Occupational Safety and Health, CDC, Robert A. Taft Laboratories, 4676 Columbia Pkwy, MS C–7, Cincinnati, Ohio 45226; Telephone: (513) 533–8511. The Director, Management Analysis and Services Office, has been delegated the authority to sign Federal Register notices pertaining to announcements of meetings and other committee management activities, for both the Centers for Disease Control and Prevention, and the Agency for Toxic Substances and Disease Registry. E:\FR\FM\10FEN1.SGM 10FEN1

Agencies

[Federal Register Volume 77, Number 28 (Friday, February 10, 2012)]
[Notices]
[Pages 7163-7164]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-3130]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12

[[Page 7164]]

CFR part 225) to engage de novo, or to acquire or control voting 
securities or assets of a company, including the companies listed 
below, that engages either directly or through a subsidiary or other 
company, in a nonbanking activity that is listed in Sec.  225.28 of 
Regulation Y (12 CFR 225.28) or that the Board has determined by Order 
to be closely related to banking and permissible for bank holding 
companies. Unless otherwise noted, these activities will be conducted 
throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than February 27, 2012.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Live Oak Bancshares, Inc., Wilmington, North Carolina; to engage 
de novo through its subsidiary, BANKR, LLC, Wilmington, North Carolina, 
in data processing activities, pursuant to section 225.28(b)(14)(i) of 
Regulation Y.
    B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Waytru Bancorp, Cambridge City, Indiana; to continue to engage 
in extending credit and servicing loans, pursuant to section 
225.28(b)(1) of Regulation Y.

    Dated: Board of Governors of the Federal Reserve System, 
February 7, 2012.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 2012-3130 Filed 2-9-12; 8:45 am]
BILLING CODE 6210-01-P