Agency Information Collection Activities: Proposed Information Collection; Submission for OMB Review, 25232-25233 [2012-10142]
Download as PDF
<![CDATA[
mstockstill on DSK4VPTVN1PROD with NOTICES
25232
Federal Register / Vol. 77, No. 82 / Friday, April 27, 2012 / Notices
1557–0204, 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, OCC Clearance Officer, (202)
874–5090, 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,
without change, of the following
information collection:
Title: Bank Activities and
Operations—12 CFR 7.
OMB Control No.: 1557–0204.
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.
The information collection
requirements ensure that national banks
conduct their operations in a safe and
sound manner and in accordance with
applicable Federal banking statutes and
regulations. The information is
necessary for regulatory and
examination purposes.
The information collection
requirements in part 7 are as follows:
• 12 CFR 7.1000(d)(1) (National bank
ownership of property—Lease financing
of public facilities): National bank lease
agreements must provide that the lessee
will become the owner of the building
or facility upon the expiration of the
lease.
• 12 CFR 7.1014 (Sale of money
orders at nonbanking outlets): A
national bank may designate bonded
agents to sell the bank’s money orders
at nonbanking outlets. The
responsibility of both the bank and its
agent should be defined in a written
agreement setting forth the duties of
both parties and providing for
remuneration of the agent.
• 12 CFR 7.2000(b) (Corporate
governance procedures—Other sources
of guidance): A national bank shall
designate in its bylaws the body of law
selected for its corporate governance
procedures.
• 12 CFR 7.2004 (Honorary directors
or advisory boards): Any listing of a
national bank’s honorary or advisory
directors must distinguish between
them and the bank’s board of directors
or indicate their advisory status.
• 12 CFR 7.2014(b) (Indemnification
of institution-affiliated parties—
Administrative proceeding or civil
VerDate Mar<15>2010
17:44 Apr 26, 2012
Jkt 226001
actions not initiated by a Federal
agency): A national bank shall designate
in its bylaws the body of law selected
for making indemnification payments.
• 12 CFR 7.2024(a) Staggered terms
for national bank directors—Any
national bank may adopt bylaws that
provide for the staggering the terms of
its directors. National banks shall
provide the OCC with copies of any
bylaws so amended.
• 12 CFR 7.2024(c) Size of bank
board—A national bank seeking to
increase the number of its directors
must notify the OCC any time the
proposed size would exceed 25
directors.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
1,300.
Estimated Total Annual Responses:
1,300.
Estimated Total Annual Burden: 418
hours.
Frequency of Response: On occasion.
The OCC issued a 60-day Federal
Register Notice on February 6, 2012 (77
FR 5876). 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
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’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: April 19, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. 2012–10139 Filed 4–26–12; 8:45 am]
BILLING CODE 4810–33–P
PO 00000
Frm 00112
Fmt 4703
Sfmt 4703
DEPARTMENT OF THE TREASURY
Comptroller of the Currency
Agency Information Collection
Activities: Proposed Information
Collection; Submission for OMB
Review
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, ‘‘Investment Securities.’’ The
OCC is also giving notice that the
collection has been submitted to OMB
for review.
DATES: You should submit written
comments by May 29, 2012.
ADDRESSES: Communications Division,
Office of the Comptroller of the
Currency, Mailstop 2–3, Attention:
1557–0205, 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
comments at the OCC, 250 E Street,
SW., Washington, DC. 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 submit to security screening in
order to inspect and photocopy
comments.
Additionally, you should send a copy
of your comments to OCC Desk Officer,
1557–0205, 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, OCC Clearance Officer, (202)
874–6055 or (202) 874–5090, Legislative
and Regulatory Activities Division,
Office of the Comptroller of the
Currency, 250 E Street SW.,
Washington, DC 20219.
SUMMARY:
E:\FR\FM\27APN1.SGM
27APN1
Federal Register / Vol. 77, No. 82 / Friday, April 27, 2012 / Notices
The OCC
is proposing to extend OMB approval,
without change, of the following
information collection:
Title: Investment Securities.
OMB Control No.: 1557–0205.
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.
The information collection
requirements in 12 CFR part 1 are as
follows:
Under 12 CFR 1.3(h)(2), a national
bank may request an OCC determination
that it may invest in an entity that is
exempt from registration under section
3(c)(1) of the Investment Company Act
of 1940 1 if the portfolio of the entity
consists exclusively of assets that a
national bank may purchase and sell for
its own account. The OCC uses the
information contained in the request as
a basis for determining that the bank’s
investment is consistent with its
investment authority under applicable
law and does not pose unacceptable
risk.
Under 12 CFR 1.7(b), a national bank
may request OCC approval to extend the
five-year holding period of securities
held in satisfaction of debts previously
contracted (DPC) for up to an additional
five years. The bank must provide a
clearly convincing demonstration of
why any additional holding period is
needed. The OCC uses the information
in the request to ensure, on a case-bycase basis, that the bank’s purpose in
retaining the securities is not
speculative and that the bank’s reasons
for requesting the extension are
adequate, and to evaluate the risks to
the bank of extending the holding
period, including potential effects on
bank safety and soundness.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
25.
Estimated Total Annual Responses:
25.
Estimated Total Annual Burden: 460
hours.
Frequency of Response: On occasion.
The OCC issued a 60-Day Federal
Register Notice on February 6, 2012 (77
FR 5877). 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
mstockstill on DSK4VPTVN1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
1 15
U.S.C. 80a–3(c)(1).
VerDate Mar<15>2010
17:44 Apr 26, 2012
Jkt 226001
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’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: April 19, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. 2012–10142 Filed 4–26–12; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Supplemental Identification
Information for One Entity Designated
Pursuant to Executive Order 13224
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
AGENCY:
The Treasury Department’s
Office of Foreign Assets Control
(‘‘OFAC’’) is publishing supplemental
information for one entity whose
property and interests in property are
blocked pursuant to Executive Order
13224 of September 23, 2001, ‘‘Blocking
Property and Prohibiting Transactions
With Persons Who Commit, Threaten To
Commit, or Support Terrorism.’’
DATES: The publishing of updated
identification information by the
Director of OFAC of the one entity in
this notice, pursuant to Executive Order
13224, is effective on April 19, 2012.
FOR FURTHER INFORMATION CONTACT:
Assistant Director, Compliance
Outreach & Implementation, Office of
Foreign Assets Control, Department of
the Treasury, Washington, DC 20220,
tel.: 202/622–2490.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Electronic and Facsimile Availability
This document and additional
information concerning OFAC are
available from OFAC’s Web site
(www.treas.gov/ofac) or via facsimile
through a 24-hour fax-on-demand
service, tel.: 202/622–0077.
PO 00000
Frm 00113
Fmt 4703
Sfmt 4703
25233
Background
On September 23, 2001, the President
issued Executive Order 13224 (the
‘‘Order’’) pursuant to the International
Emergency Economic Powers Act, 50
U.S.C. 1701–1706, and the United
Nations Participation Act of 1945, 22
U.S.C. 287c. In the Order, the President
declared a national emergency to
address grave acts of terrorism and
threats of terrorism committed by
foreign terrorists, including the
September 11, 2001 terrorist attacks in
New York, Pennsylvania, and at the
Pentagon. The Order imposes economic
sanctions on persons who have
committed, pose a significant risk of
committing, or support acts of terrorism.
The President identified in the Annex to
the Order, as amended by Executive
Order 13268 of July 2, 2002, 13
individuals and 16 entities as subject to
the economic sanctions. The Order was
further amended by Executive Order
13284 of January 23, 2003, to reflect the
creation of the Department of Homeland
Security.
Section 1 of the Order blocks, with
certain exceptions, all property and
interests in property that are in or
hereafter come within the United States
or the possession or control of United
States persons, of: (1) Foreign persons
listed in the Annex to the Order; (2)
foreign persons determined by the
Secretary of State, in consultation with
the Secretary of the Treasury, the
Secretary of the Department of
Homeland Security and the Attorney
General, to have committed, or to pose
a significant risk of committing, acts of
terrorism that threaten the security of
U.S. nationals or the national security,
foreign policy, or economy of the United
States; (3) persons determined by the
Director of OFAC, in consultation with
the Departments of State, Homeland
Security and Justice, to be owned or
controlled by, or to act for or on behalf
of those persons listed in the Annex to
the Order or those persons determined
to be subject to subsection 1(b), 1(c), or
1(d)(i) of the Order; and (4) except as
provided in section 5 of the Order and
after such consultation, if any, with
foreign authorities as the Secretary of
State, in consultation with the Secretary
of the Treasury, the Secretary of the
Department of Homeland Security and
the Attorney General, deems
appropriate in the exercise of his
discretion, persons determined by the
Director of OFAC, in consultation with
the Departments of State, Homeland
Security and Justice, to assist in,
sponsor, or provide financial, material,
or technological support for, or financial
or other services to or in support of,
E:\FR\FM\27APN1.SGM
27APN1
]]>Agencies
[Federal Register Volume 77, Number 82 (Friday, April 27, 2012)]
[Notices]
[Pages 25232-25233]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-10142]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Comptroller of the Currency
Agency Information Collection Activities: Proposed Information
Collection; Submission for OMB Review
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, ``Investment
Securities.'' The OCC is also giving notice that the collection has
been submitted to OMB for review.
DATES: You should submit written comments by May 29, 2012.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Mailstop 2-3, Attention: 1557-0205, 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 comments at the OCC, 250 E Street,
SW., Washington, DC. 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 submit to
security screening in order to inspect and photocopy comments.
Additionally, you should send a copy of your comments to OCC Desk
Officer, 1557-0205, 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, OCC Clearance
Officer, (202) 874-6055 or (202) 874-5090, Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency, 250 E
Street SW., Washington, DC 20219.
[[Page 25233]]
SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval,
without change, of the following information collection:
Title: Investment Securities.
OMB Control No.: 1557-0205.
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.
The information collection requirements in 12 CFR part 1 are as
follows:
Under 12 CFR 1.3(h)(2), a national bank may request an OCC
determination that it may invest in an entity that is exempt from
registration under section 3(c)(1) of the Investment Company Act of
1940 \1\ if the portfolio of the entity consists exclusively of assets
that a national bank may purchase and sell for its own account. The OCC
uses the information contained in the request as a basis for
determining that the bank's investment is consistent with its
investment authority under applicable law and does not pose
unacceptable risk.
Under 12 CFR 1.7(b), a national bank may request OCC approval to
extend the five-year holding period of securities held in satisfaction
of debts previously contracted (DPC) for up to an additional five
years. The bank must provide a clearly convincing demonstration of why
any additional holding period is needed. The OCC uses the information
in the request to ensure, on a case-by-case basis, that the bank's
purpose in retaining the securities is not speculative and that the
bank's reasons for requesting the extension are adequate, and to
evaluate the risks to the bank of extending the holding period,
including potential effects on bank safety and soundness.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 25.
Estimated Total Annual Responses: 25.
Estimated Total Annual Burden: 460 hours.
Frequency of Response: On occasion.
The OCC issued a 60-Day Federal Register Notice on February 6, 2012
(77 FR 5877). 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 OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC'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.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 80a-3(c)(1).
Dated: April 19, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 2012-10142 Filed 4-26-12; 8:45 am]
BILLING CODE 4810-33-P
