Agency Information Collection Activities: Submission for OMB Review; Comment Request, 20102-20104 [2012-7983]
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Federal Register / Vol. 77, No. 64 / Tuesday, April 3, 2012 / Notices
DEPARTMENT OF TRANSPORTATION
Maritime Administration
[Docket No. MARAD 2012 0037]
Requested Administrative Waiver of
the Coastwise Trade Laws: Vessel
LITTLE WING; Invitation for Public
Comments
Maritime Administration,
Department of Transportation.
ACTION: Notice.
AGENCY:
As authorized by 46 U.S.C.
12121, the Secretary of Transportation,
as represented by the Maritime
Administration (MARAD), is authorized
to grant waivers of the U.S.-build
requirement of the coastwise laws under
certain circumstances. A request for
such a waiver has been received by
MARAD. The vessel, and a brief
description of the proposed service, is
listed below.
DATES: Submit comments on or before
May 3, 2012.
ADDRESSES: Comments should refer to
docket number MARAD–2012–0037.
Written comments may be submitted by
hand or by mail to the Docket Clerk,
U.S. Department of Transportation,
Docket Operations, M–30, West
Building Ground Floor, Room W12–140,
1200 New Jersey Avenue SE.,
Washington, DC 20590. You may also
send comments electronically via the
Internet at https://www.regulations.gov.
All comments will become part of this
docket and will be available for
inspection and copying at the above
address between 10 a.m. and 5 p.m.,
E.T., Monday through Friday, except
federal holidays. An electronic version
of this document and all documents
entered into this docket is available on
the World Wide Web at https://
www.regulations.gov.
SUMMARY:
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FOR FURTHER INFORMATION CONTACT:
Joann Spittle, U.S. Department of
Transportation, Maritime
Administration, 1200 New Jersey
Avenue SE., Room W21–203,
Washington, DC 20590. Telephone 202–
366–5979, Email Joann.Spittle@dot.gov.
SUPPLEMENTARY INFORMATION: As
described by the applicant the intended
service of the vessel LITTLE WING is:
Intended Commercial Use of Vessel:
‘‘Charter for no more than 6
passengers.’’
Geographic Region: ‘‘MA, RI.’’
The complete application is given in
DOT docket MARAD–2012–0037 at
https://www.regulations.gov. Interested
parties may comment on the effect this
action may have on U.S. vessel builders
or businesses in the U.S. that use U.S.-
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flag vessels. If MARAD determines, in
accordance with 46 U.S.C. 12121 and
MARAD’s regulations at 46 CFR part
388, that the issuance of the waiver will
have an unduly adverse effect on a U.S.vessel builder or a business that uses
U.S.-flag vessels in that business, a
waiver will not be granted. Comments
should refer to the docket number of
this notice and the vessel name in order
for MARAD to properly consider the
comments. Comments should also state
the commenter’s interest in the waiver
application, and address the waiver
criteria given in § 388.4 of MARAD’s
regulations at 46 CFR part 388.
Privacy Act
Anyone is able to search the
electronic form of all comments
received into any of our dockets by the
name of the individual submitting the
comment (or signing the comment, if
submitted on behalf of an association,
business, labor union, etc.). You may
review DOT’s complete Privacy Act
Statement in the Federal Register
published on April 11, 2000 (Volume
65, Number 70; Pages 19477–78).
By Order of the Maritime Administrator.
Dated: March 26, 2012.
Julie P. Agarwal,
Secretary, Maritime Administration.
[FR Doc. 2012–7982 Filed 4–2–12; 8:45 am]
BILLING CODE 4910–81–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995. An agency may
not conduct or sponsor, and a
respondent is not required to respond
to, an information collection unless it
displays a currently valid OMB control
number. The OCC is soliciting comment
concerning its information collection
titled, ‘‘International Regulation—Part
28.’’ The OCC is also giving notice that
the collection has been sent to OMB for
review.
SUMMARY:
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Comments must be received by
May 3, 2012.
ADDRESSES: Communications Division,
Office of the Comptroller of the
Currency, Public Information Room,
Mailstop 2–3, Attention: 1557–0102,
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 can
inspect and photocopy the comments at
the OCC, 250 E Street SW., Washington,
DC 20219. You can make an
appointment to inspect the comments
by calling (202) 874–4700.
Additionally, you should send a copy
of your comments to OCC Desk Officer,
1557–0102, by mail to U.S. Office of
Management and Budget, 725 17th
Street NW., #10235, Washington, DC
20503, or by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: You
can request additional information or a
copy of the collection from 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.
SUPPLEMENTARY INFORMATION: The OCC
is proposing to extend OMB approval of
the following information collection
without change:
Title: International Regulation—Part
28.
OMB Number: 1557–0102.
Description: This submission covers
an existing regulation and involves no
change to the regulation or to the
information collection requirements.
The OCC requests only that OMB extend
its approval of the information
collection.
12 CFR Part 28 contains the following
collections of information:
12 CFR 28.3 Filing Requirements for
Foreign Operations of a National
Bank—Notice Requirement. A national
bank shall notify the OCC when it:
• Files an application, notice, or
report with the FRB to establish or open
a foreign branch, or acquire or divest of
an interest in, or close, an Edge
corporation, Agreement corporation,
foreign bank, or other foreign
organization.
• Opens a foreign branch, and no
application or notice is required by the
FRB for such transaction.
In practice, the OCC has also required
an application pursuant to section
28.3(c) from a national bank to join a
foreign exchange, clearinghouse, or
similar type of organization. In lieu of
a notice, the OCC may accept a copy of
an application, notice, or report
DATES:
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Federal Register / Vol. 77, No. 64 / Tuesday, April 3, 2012 / Notices
submitted to another Federal agency
that covers the proposed action and
contains substantially the same
information required by the OCC. A
national bank shall furnish the OCC
with any additional information the
OCC may require in connection with the
national bank’s foreign operations.
12 CFR 28.12(a) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Approval of a Federal branch or
agency—Approval and Licensing
Requirements. A foreign bank shall
submit an application to, and obtain
prior approval from the OCC before it
establishes a Federal branch or agency,
or exercises fiduciary powers at a
Federal branch.
12 CFR 28.12(e)(2) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Approval of a Federal branch or
agency—Written Notice for Additional
Intrastate Branches or Agencies. A
foreign bank shall provide written
notice to the OCC 30 days in advance
of the establishment of an intrastate
branch or agency.
12 CFR 28.12(h) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Approval of a Federal Branch or
Agency—After-the-fact Notice for
Eligible Foreign Banks. A foreign bank
proposing to establish a Federal branch
or agency through the acquisition of, or
merger or consolidation with, a foreign
bank that has an existing bank
subsidiary, branch, or agency, may
proceed with the transaction and
provide after-the-fact notice within 14
days of the transaction to the OCC if (1)
the resulting bank is an ‘‘eligible foreign
bank’’ within the meaning of § 28.12(f)
and (2) no Federal branch established by
the transaction accepts deposits insured
by the FDIC.
12 CFR 28.12(i) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Approval of a Federal Branch or
Agency—Contraction of Operations. A
foreign bank shall provide written
notice to the OCC within 10 days after
converting a Federal branch into a
limited Federal branch or Federal
agency.
12 CFR 28.14(c) Limitations Based
upon Capital of a Foreign Bank—
Aggregation. The foreign bank shall
aggregate business transacted by all
Federal branches and agencies with the
business transacted by all state branches
and agencies controlled by the foreign
bank in determining its compliance
with limitations based upon the capital
of the foreign bank. A foreign bank shall
designate one Federal branch or agency
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office in the United States to maintain
consolidated information so that the
OCC can monitor compliance.
12 CFR 28.15(d), (d)(1), (d)(2), and
(f) Capital Equivalency Deposits.
Deposit arrangements:
• A foreign bank should require its
depository bank to segregate its capital
equivalency deposits on the depository
bank’s books and records.
• The instruments making up the
capital equivalency deposit that are
placed in safekeeping at a depository
bank to satisfy a foreign bank’s capital
equivalency deposit requirement must
be maintained pursuant to an agreement
prescribed by the OCC that shall be a
written agreement entered into with the
OCC.
• Each Federal branch or agency shall
maintain a capital equivalency account
and keep records of the amount of
liabilities requiring capital equivalency
coverage in a manner and form
prescribed by the OCC.
• A foreign bank‘s capital
equivalency deposits may not be
reduced in value below the minimum
required for that branch or agency
without the prior approval of the OCC,
but in no event below the statutory
minimum.
12 CFR 28.16(c) Deposit-taking by
an Uninsured Federal branch—
Application for an Exemption. A foreign
bank may apply to the OCC for an
exemption to permit an uninsured
Federal branch to accept or maintain
deposit accounts that are not listed in
paragraph (b) of this section. The
request should describe:
• The types, sources, and estimated
amount of such deposits and explain
why the OCC should grant an
exemption;
• How the exemption maintains and
furthers the policies described in
paragraph (a) of this section.
12 CFR 28.16(d) Deposit taking by
an uninsured Federal branch—
Aggregation of deposits. A foreign bank
that has more than one Federal branch
in the same state may aggregate deposits
in all of its Federal branches in that
state, but exclude deposits of other
branches, agencies or wholly owned
subsidiaries of the bank. The Federal
branch shall compute the average
amount by using the sum of deposits as
of the close of business of the last 30
calendar days ending with and
including the last day of the calendar
quarter, divided by 30. The Federal
branch shall maintain records of the
calculation until its next examination by
the OCC.
12 CFR 28.17 Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual) Notice
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of Change in Activity or Operations. A
Federal branch or agency shall notify
the OCC if it changes its corporate title;
changes its mailing address; converts to
a state branch, state agency, or
representative office; or the parent
foreign bank changes the designation of
its home state.
12 CFR 28.18(c)(1) Recordkeeping
and Reporting—Maintenance of
Accounts, Books, and Records. Each
Federal branch or agency shall maintain
a set of accounts and records reflecting
its transactions that are separate from
those of the foreign bank and any other
branch or agency. The Federal branch or
agency shall keep a set of accounts and
records in English sufficient to permit
the OCC to examine the condition of the
Federal branch or agency and its
compliance with applicable laws and
regulations.
12 CFR 28.20(a)(1) Maintenance of
Assets—General Rule. The OCC may
require a foreign bank to hold certain
assets in the state in which its Federal
branch or agency is located.
12 CFR 28.22 (b) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Voluntary Liquidation Notice to
customers and creditors. A foreign bank
shall publish notice of the impending
closure of each Federal branch or
agency for a period of two months in
every issue of a local newspaper where
the Federal branch or agency is located.
If only weekly publication is available,
the notice must be published for nine
consecutive weeks.
12 CFR 28.22(e) Reports of
Examination. The Federal branch or
agency shall send the OCC certification
that all of its Reports of Examination
have been destroyed or return its
Reports of Examination to the OCC.
12 CFR 28.25(a) Covered under
Information Collection 1557–0014
(Comptroller’s Licensing Manual)
Change in Control—After-the-fact
Notice. In cases where no other filing is
required, a foreign bank that operates a
Federal branch or agency shall inform
the OCC in writing of the direct or
indirect acquisition of control of the
foreign bank by any person or entity, or
group of persons or entities acting in
concert, within 14 calendar days after
the foreign bank becomes aware of a
change in control.
12 CFR 28.52 Covered Under
Information Collection 1557–0081
(MA)—Reports of Condition and Income
(Interagency Call Report), FFIEC 031,
FFIEC 041 Allocated Transfer Risk
Reserve. A banking institution shall
establish an allocated transfer risk
reserve for specified international assets
when required by the OCC in
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accordance with the requirements of the
section.
12 CFR 28.54 Covered under
Information Collection 1557–0100
Country Exposure Report and Country
Exposure Information Report (FFIEC
009, FFIEC 009a) Reporting and
Disclosure of International Assets. A
banking institution shall submit to the
OCC, at least quarterly, information
regarding the amounts and composition
of its holdings of international assets. A
banking institution shall submit to the
OCC information regarding
concentrations in its holdings of
international assets that are material in
relation to total assets and to capital of
the institution.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals;
Businesses or other for-profit.
Estimated Number of Respondents:
79.
Estimated Total Annual Responses:
117.
Frequency of Response: On occasion.
Estimated Total Annual Burden:
3,661.5
The OCC issued a 60-day Federal
Register notice on January 20, 2012 (77
FR 3032). No comments were received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information has practical utility;
(b) The accuracy of the agency’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the 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.
Dated: March 28, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. 2012–7983 Filed 4–2–12; 8:45 am]
BILLING CODE 4810–33–P
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Privacy Act of 1974, as Amended;
System of Records
Office of the Comptroller of the
Currency, Treasury.
ACTION: Notice of systems of records.
AGENCY:
In accordance with the
requirements of the Privacy Act of 1974,
as amended, 5 U.S.C. 552a, the Office of
the Comptroller of the Currency,
Treasury, is publishing its Privacy Act
systems of records.
SUPPLEMENTARY INFORMATION: Pursuant
to the Privacy Act of 1974 (5 U.S.C.
552a) and the Office of Management and
Budget (OMB) Circular No. A–130, the
Comptroller of the Currency (OCC) has
completed a review of its Privacy Act
systems of records notices to identify
minor changes that will more accurately
describe these records.
This publication incorporates the
amendments to Treasury/CC.210—Bank
Securities Dealers System; Treasury/
CC.220—Notices of Proposed Changes
in Employees, Officers and Directors
Tracking System (formerly Treasury/
CC.220—Section 914 Tracking System);
and Treasury/CC.600—Consumer
Complaint and Inquiry Information
System that were published on
September 13, 2011, at 76 FR 56501.
This publication also incorporates the
Privacy Act systems of records that were
formerly Office of Thrift Supervision
systems, which the OCC adopted on
July 26, 2011, at 76 FR 44656. Other
changes throughout the document are
editorial in nature and consist
principally of revising address
information and minor editorial
changes. The OCC’s systems of records
were last published in their entirety on
July 18, 2008, at 73 FR 41402–01. The
OTS’ systems of records were last
published in their entirety on June 29,
2009, at 74 FR 31103.
The OCC also gives notice that five
OTS systems of records have been
retired. Treasury/OTS.001—
Confidential Individual Information
System and Treasury/OTS.004—
Criminal Referral Database, a
component of Treasury/OTS.001, were
retired by OTS in 1999 and the data
contained in these systems was
transferred to encrypted CDs that have
been archived. Treasury/OTS.005—
Employee Counseling Service was a
paper-based system that was retired by
OTS no later than 2000. The records in
that system were destroyed by OTS.
Treasury/OTS.008—Employee Training
SUMMARY:
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Database was retired by OTS. The data
was migrated to the Treasury Learning
Management System (TLMS). Any data
that could not be transferred to TLMS
was archived. Treasury/OTS.011—
Positions/Budget was retired by OTS
and the data has been archived. The
notices pertaining to the five systems of
records above, are removed from the
Department’s inventory of Privacy Act
issuances.
Department of the Treasury
regulations require the Department to
publish the existence and character of
all systems of records every three years
(31 CFR 1.23(a)(1)). With respect to its
inventory of Privacy Act systems of
records, the OCC has determined that
the information contained in its systems
of records is accurate, timely, relevant,
complete, and is necessary to maintain
the proper performance of a
documented agency function.
Systems Covered by This Notice
This notice covers all systems of
records adopted by the OCC up to
September 13, 2011. The systems
notices are reprinted in their entirety
following the Table of Contents.
Dated: March 28, 2012.
Melissa Hartman,
Deputy Assistant Secretary for Privacy,
Transparency and Records.
The Comptroller of the Currency (OCC)
Table of Contents
CC .100—Enforcement Action Report System
CC .110—Reports of Suspicious Activities
CC .120—Bank Fraud Information System
CC .200—Chain Banking Organizations
System
CC .210—Bank Securities Dealers System
CC .220—Notices of Proposed Changes in
Employees, Officers and Directors Tracking
System
CC .340—Access Control System
CC .500—Chief Counsel’s Management
Information System
CC .510—Litigation Information System
CC .600—Consumer Complaint and Inquiry
Information System
CC .700—Correspondence Tracking System
OTS .002—Correspondence/Correspondence
Tracking
OTS .003—Consumer Complaint
OTS .006—Employee Locator File
OTS .012—Payroll/Personnel Systems &
Payroll Records
OTS .013—Mass Communication System
OTS .015—Retiree Billing System
TREASURY/CC .100
SYSTEM NAME:
Enforcement Action Report System—
Treasury/Comptroller.
SYSTEM LOCATION:
Office of the Comptroller of the
Currency (OCC), Enforcement and
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]]>Agencies
[Federal Register Volume 77, Number 64 (Tuesday, April 3, 2012)]
[Notices]
[Pages 20102-20104]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-7983]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Submission for OMB
Review; Comment Request
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to take this opportunity to comment on a continuing
information collection, as required by the Paperwork Reduction Act of
1995. An agency may not conduct or sponsor, and a respondent is not
required to respond to, an information collection unless it displays a
currently valid OMB control number. The OCC is soliciting comment
concerning its information collection titled, ``International
Regulation--Part 28.'' The OCC is also giving notice that the
collection has been sent to OMB for review.
DATES: Comments must be received by May 3, 2012.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Public Information Room, Mailstop 2-3, Attention: 1557-0102,
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 can inspect and photocopy the comments
at the OCC, 250 E Street SW., Washington, DC 20219. You can make an
appointment to inspect the comments by calling (202) 874-4700.
Additionally, you should send a copy of your comments to OCC Desk
Officer, 1557-0102, by mail to U.S. Office of Management and Budget,
725 17th Street NW., 10235, Washington, DC 20503, or by fax to
(202) 395-6974.
FOR FURTHER INFORMATION CONTACT: You can request additional information
or a copy of the collection from 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.
SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval
of the following information collection without change:
Title: International Regulation--Part 28.
OMB Number: 1557-0102.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The OCC requests only that OMB extend its approval of the
information collection.
12 CFR Part 28 contains the following collections of information:
12 CFR 28.3 Filing Requirements for Foreign Operations of a
National Bank--Notice Requirement. A national bank shall notify the OCC
when it:
Files an application, notice, or report with the FRB to
establish or open a foreign branch, or acquire or divest of an interest
in, or close, an Edge corporation, Agreement corporation, foreign bank,
or other foreign organization.
Opens a foreign branch, and no application or notice is
required by the FRB for such transaction.
In practice, the OCC has also required an application pursuant to
section 28.3(c) from a national bank to join a foreign exchange,
clearinghouse, or similar type of organization. In lieu of a notice,
the OCC may accept a copy of an application, notice, or report
[[Page 20103]]
submitted to another Federal agency that covers the proposed action and
contains substantially the same information required by the OCC. A
national bank shall furnish the OCC with any additional information the
OCC may require in connection with the national bank's foreign
operations.
12 CFR 28.12(a) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Approval of a Federal branch or
agency--Approval and Licensing Requirements. A foreign bank shall
submit an application to, and obtain prior approval from the OCC before
it establishes a Federal branch or agency, or exercises fiduciary
powers at a Federal branch.
12 CFR 28.12(e)(2) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Approval of a Federal branch or
agency--Written Notice for Additional Intrastate Branches or Agencies.
A foreign bank shall provide written notice to the OCC 30 days in
advance of the establishment of an intrastate branch or agency.
12 CFR 28.12(h) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Approval of a Federal Branch or
Agency--After-the-fact Notice for Eligible Foreign Banks. A foreign
bank proposing to establish a Federal branch or agency through the
acquisition of, or merger or consolidation with, a foreign bank that
has an existing bank subsidiary, branch, or agency, may proceed with
the transaction and provide after-the-fact notice within 14 days of the
transaction to the OCC if (1) the resulting bank is an ``eligible
foreign bank'' within the meaning of Sec. 28.12(f) and (2) no Federal
branch established by the transaction accepts deposits insured by the
FDIC.
12 CFR 28.12(i) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Approval of a Federal Branch or
Agency--Contraction of Operations. A foreign bank shall provide written
notice to the OCC within 10 days after converting a Federal branch into
a limited Federal branch or Federal agency.
12 CFR 28.14(c) Limitations Based upon Capital of a Foreign Bank--
Aggregation. The foreign bank shall aggregate business transacted by
all Federal branches and agencies with the business transacted by all
state branches and agencies controlled by the foreign bank in
determining its compliance with limitations based upon the capital of
the foreign bank. A foreign bank shall designate one Federal branch or
agency office in the United States to maintain consolidated information
so that the OCC can monitor compliance.
12 CFR 28.15(d), (d)(1), (d)(2), and (f) Capital Equivalency
Deposits. Deposit arrangements:
A foreign bank should require its depository bank to
segregate its capital equivalency deposits on the depository bank's
books and records.
The instruments making up the capital equivalency deposit
that are placed in safekeeping at a depository bank to satisfy a
foreign bank's capital equivalency deposit requirement must be
maintained pursuant to an agreement prescribed by the OCC that shall be
a written agreement entered into with the OCC.
Each Federal branch or agency shall maintain a capital
equivalency account and keep records of the amount of liabilities
requiring capital equivalency coverage in a manner and form prescribed
by the OCC.
A foreign bank`s capital equivalency deposits may not be
reduced in value below the minimum required for that branch or agency
without the prior approval of the OCC, but in no event below the
statutory minimum.
12 CFR 28.16(c) Deposit-taking by an Uninsured Federal branch--
Application for an Exemption. A foreign bank may apply to the OCC for
an exemption to permit an uninsured Federal branch to accept or
maintain deposit accounts that are not listed in paragraph (b) of this
section. The request should describe:
The types, sources, and estimated amount of such deposits
and explain why the OCC should grant an exemption;
How the exemption maintains and furthers the policies
described in paragraph (a) of this section.
12 CFR 28.16(d) Deposit taking by an uninsured Federal branch--
Aggregation of deposits. A foreign bank that has more than one Federal
branch in the same state may aggregate deposits in all of its Federal
branches in that state, but exclude deposits of other branches,
agencies or wholly owned subsidiaries of the bank. The Federal branch
shall compute the average amount by using the sum of deposits as of the
close of business of the last 30 calendar days ending with and
including the last day of the calendar quarter, divided by 30. The
Federal branch shall maintain records of the calculation until its next
examination by the OCC.
12 CFR 28.17 Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Notice of Change in Activity or
Operations. A Federal branch or agency shall notify the OCC if it
changes its corporate title; changes its mailing address; converts to a
state branch, state agency, or representative office; or the parent
foreign bank changes the designation of its home state.
12 CFR 28.18(c)(1) Recordkeeping and Reporting--Maintenance of
Accounts, Books, and Records. Each Federal branch or agency shall
maintain a set of accounts and records reflecting its transactions that
are separate from those of the foreign bank and any other branch or
agency. The Federal branch or agency shall keep a set of accounts and
records in English sufficient to permit the OCC to examine the
condition of the Federal branch or agency and its compliance with
applicable laws and regulations.
12 CFR 28.20(a)(1) Maintenance of Assets--General Rule. The OCC may
require a foreign bank to hold certain assets in the state in which its
Federal branch or agency is located.
12 CFR 28.22 (b) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Voluntary Liquidation Notice to
customers and creditors. A foreign bank shall publish notice of the
impending closure of each Federal branch or agency for a period of two
months in every issue of a local newspaper where the Federal branch or
agency is located. If only weekly publication is available, the notice
must be published for nine consecutive weeks.
12 CFR 28.22(e) Reports of Examination. The Federal branch or
agency shall send the OCC certification that all of its Reports of
Examination have been destroyed or return its Reports of Examination to
the OCC.
12 CFR 28.25(a) Covered under Information Collection 1557-0014
(Comptroller's Licensing Manual) Change in Control--After-the-fact
Notice. In cases where no other filing is required, a foreign bank that
operates a Federal branch or agency shall inform the OCC in writing of
the direct or indirect acquisition of control of the foreign bank by
any person or entity, or group of persons or entities acting in
concert, within 14 calendar days after the foreign bank becomes aware
of a change in control.
12 CFR 28.52 Covered Under Information Collection 1557-0081 (MA)--
Reports of Condition and Income (Interagency Call Report), FFIEC 031,
FFIEC 041 Allocated Transfer Risk Reserve. A banking institution shall
establish an allocated transfer risk reserve for specified
international assets when required by the OCC in
[[Page 20104]]
accordance with the requirements of the section.
12 CFR 28.54 Covered under Information Collection 1557-0100 Country
Exposure Report and Country Exposure Information Report (FFIEC 009,
FFIEC 009a) Reporting and Disclosure of International Assets. A banking
institution shall submit to the OCC, at least quarterly, information
regarding the amounts and composition of its holdings of international
assets. A banking institution shall submit to the OCC information
regarding concentrations in its holdings of international assets that
are material in relation to total assets and to capital of the
institution.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals; Businesses or other for-profit.
Estimated Number of Respondents: 79.
Estimated Total Annual Responses: 117.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 3,661.5
The OCC issued a 60-day Federal Register notice on January 20, 2012
(77 FR 3032). No comments were received. Comments continue to be
invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information has practical utility;
(b) The accuracy of the agency's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the 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.
Dated: March 28, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 2012-7983 Filed 4-2-12; 8:45 am]
BILLING CODE 4810-33-P
