Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 47841-47843 [2012-19595]
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47841
Federal Register / Vol. 77, No. 155 / Friday, August 10, 2012 / Notices
1818, 1844(c), 3105(c)(2) and 3106(a)
(FRB); 12 U.S.C. 93a, 1463, 1464, 1818,
1881–84, 3401–22, 31 U.S.C. 5318
(OCC); 12 U.S.C. 1766(a), 1789(a)
(NCUA); and 31 U.S.C. 5318(g)
(FinCEN).
Dated at Washington, DC, this 7th day of
August, 2012.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the 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; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
BILLING CODE 6714–01–P
[FR Doc. 2012–19655 Filed 8–9–12; 8:45 am]
FEDERAL DEPOSIT INSURANCE
CORPORATION
Update to Notice of Financial
Institutions for Which the Federal
Deposit Insurance Corporation Has
Been Appointed Either Receiver,
Liquidator, or Manager
Federal Deposit Insurance
Corporation.
ACTION: Update listing of financial
institutions in liquidation.
AGENCY:
Notice is hereby given that
the Federal Deposit Insurance
Corporation (Corporation) has been
SUMMARY:
appointed the sole receiver for the
following financial institutions effective
as of the Date Closed as indicated in the
listing. This list (as updated from time
to time in the Federal Register) may be
relied upon as ‘‘of record’’ notice that
the Corporation has been appointed
receiver for purposes of the statement of
policy published in the July 2, 1992
issue of the Federal Register (57 FR
29491). For further information
concerning the identification of any
institutions which have been placed in
liquidation, please visit the Corporation
Web site at www.fdic.gov/bank/
individual/failed/banklist.html or
contact the Manager of Receivership
Oversight in the appropriate service
center.
Dated: August 6, 2012.
Federal Deposit Insurance Corporation.
Pamela Johnson,
Regulatory Editing Specialist.
INSTITUTIONS IN LIQUIDATION
[In alphabetical order]
FDIC Ref. No.
Bank Name
City
State
10456 ......................................
Waukegan Savings Bank .........................................
Waukegan .......................
IL ................
[FR Doc. 2012–19638 Filed 8–9–12; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: Notice is hereby given of the
final approval of proposed information
collections by the Board of Governors of
the Federal Reserve System (Board)
under OMB delegated authority, as per
5 CFR 1320.16 (OMB Regulations on
Controlling Paperwork Burdens on the
Public). 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
instrument(s) 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
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AGENCY:
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18:02 Aug 09, 2012
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displays a currently valid OMB control
number.
FOR FURTHER INFORMATION CONTACT:
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.
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.
Final approval under OMB delegated
authority of the extension for three
years, without revision, of the following
reports:
1. Report title: Report of Transaction
Accounts, Other Deposits, and Vault
Cash.
Agency form Number: FR 2900.
OMB Control Number: 7100–0087.
Frequency: Weekly and quarterly.
Reporters: Depository institutions.
Estimated annual reporting hours:
549,878 hours.
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Date closed
8/3/2012
Estimated average time per response:
3.50 hours.
Number of respondents: 2,669 weekly
and 4,580 quarterly.
General description of report: This
information collection is mandatory by
the Federal Reserve Act (12 U.S.C.
248(a), 461, 603, and 615) and
Regulation D (12 CFR part 204). The
data are given confidential treatment (5
U.S.C. 552(b)(4)).
Abstract: Institutions with net
transaction accounts greater than the
exemption amount are called
nonexempt institutions. Institutions
with total transaction accounts, savings
deposits, and small time deposits
greater than or equal to the reduced
reporting limit, regardless of the level of
their net transaction accounts, are also
referred to as nonexempt institutions.
Nonexempt institutions submit FR 2900
data either weekly or quarterly. An
institution is required to report weekly
if its total transaction accounts, savings
deposits, and small time deposits are
greater than or equal to the nonexempt
deposit cutoff. If the nonexempt
institution’s total transaction accounts,
savings deposits, and small time
deposits are less than the nonexempt
deposit cutoff then the institution must
report quarterly or may elect to report
weekly. U.S. branches and agencies of
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Federal Register / Vol. 77, No. 155 / Friday, August 10, 2012 / Notices
foreign banks and banking Edge and
agreement corporations submit the FR
2900 data weekly, regardless of their
size. These mandatory data are used by
the Federal Reserve for administering
Regulation D (Reserve Requirements of
Depository Institutions) and for
constructing, analyzing, and monitoring
the monetary and reserve aggregates.
Current Actions: On May 23, 2012, the
Federal Reserve published a notice in
the Federal Register (77 FR 30532)
requesting public comment for 60 days
on the extension, without revision, of
the FR 2900. The comment period for
this notice expired on July 23, 2012. The
Federal Reserve received one
substantive comment letter from a U.S.
Government agency. The commenter
supported the continued collection of
the FR 2900 data and described its use
of the data in constructing quarterly and
annual estimates of the net interest
component of national income and the
personal interest income component of
personal income in the national income
and product accounts.
2. Report title: Annual Report of
Deposits and Reservable Liabilities.
Agency form Number: FR 2910a.
OMB Control Number: 7100–0175.
Frequency: Annually.
Reporters: Depository institutions.
Estimated annual reporting hours:
3,503 hours.
Estimated average time per response:
45 minutes.
Number of respondents: 4,670.
General description of report: This
information collection is mandatory by
the Federal Reserve Act (12 U.S.C.
248(a) and 461) and Regulation D (12
CFR part 204). The data are given
confidential treatment (5 U.S.C.
552(b)(4)).
Abstract: The FR 2910a is an annual
report generally filed by depository
institutions that are exempt from reserve
requirements under the Garn-St
Germain Depository Institutions Act of
1982 and whose total deposits,
measured from depository institutions’
December quarterly condition reports,
are greater than the exemption amount
but less than the reduced reporting
limit. The report contains three data
items that are to be submitted for a
single day, June 30: (1) Total transaction
accounts, savings deposits, and small
time deposits; (2) reservable liabilities;
and (3) net transaction accounts. The
data collected on this report serves two
purposes. First, the data are used to
determine which depository institutions
will remain exempt from reserve
requirements and consequently eligible
for reduced reporting for another year.
Second, the data are used in the annual
indexation of the low reserve tranche,
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the exemption amount, the nonexempt
deposit cutoff, and the reduced
reporting limit. These mandatory data
are used by the Federal Reserve for
administering Regulation D and for
constructing, analyzing, and monitoring
the monetary and reserve aggregates.
Current Actions: On May 23, 2012, the
Federal Reserve published a notice in
the Federal Register (77 FR 30532)
requesting public comment for 60 days
on the extension, without revision, of
the FR 2910a. The comment period for
this notice expired on July 23, 2012. The
Federal Reserve did not receive any
comments.
3. Report title: Report of Foreign (NonU.S.) Currency Deposits.
Agency form Number: FR 2915.
OMB Control Number: 7100–0237.
Frequency: Quarterly.
Reporters: Depository institutions.
Estimated annual reporting hours:
284 hours.
Estimated average time per response:
30 minutes.
Number of respondents: 142.
General description of report: This
information collection is mandatory by
the Federal Reserve Act (12 U.S.C.
248(a) and 347(d)) and Regulation D (12
CFR part 204). The data are given
confidential treatment (5 U.S.C.
552(b)(4)).
Abstract: All FR 2900 respondents,
both weekly and quarterly, that offer
deposits denominated in foreign
currencies at their U.S. offices file the
FR 2915. FR 2915 data are used to
remove foreign currency deposits from
aggregated FR 2900 data in constructing
the monetary aggregates. All weekly and
quarterly FR 2900 respondents offering
foreign currency deposits file the FR
2915 quarterly, on the same reporting
schedule as quarterly FR 2900
respondents. The FR 2915 is the only
source of data on such deposits.
Current Actions: On May 23, 2012, the
Federal Reserve published a notice in
the Federal Register (77 FR 30532)
requesting public comment for 60 days
on the extension, without revision, of
the FR 2915. The comment period for
this notice expired on July 23, 2012. The
Federal Reserve did not receive any
comments.
4. Report title: Allocation of Low
Reserve Tranche and Reservable
Liabilities Exemption.
Agency form Number: FR 2930.
OMB Control Number: 7100–0088.
Frequency: Annually and on occasion.
Reporters: Depository institutions.
Estimated annual reporting hours: 32
hours.
Estimated average time per response:
15 minutes.
Number of respondents: 126.
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General description of report: This
information collection is mandatory by
the Federal Reserve Act (12 U.S.C.
248(a), 461, 603, and 615) and
Regulation D (12 CFR part 204). The
data are given confidential treatment (5
U.S.C. 552(b)(4)).
Abstract: The FR 2930 provides
information on the allocation of the low
reserve tranche and the reservable
liabilities exemption for depository
institutions with offices in more than
one state or Federal Reserve District or
for those operating under operational
convenience. For calculation of required
reserves on net transaction accounts,
there is a low reserve tranche within
which deposits are reserved at a lower
reserve requirement ratio than are
amounts in excess of the low reserve
tranche. Within the low reserve tranche,
deposits under the reservable liabilities
exemption amount are reserved at zero.
All U.S. offices of the same parent
depository institution share one low
reserve tranche and one reservable
liabilities exemption. This report
provides the basis for allocating these
amounts across separate reporting
offices.
Current Actions: On May 23, 2012, the
Federal Reserve published a notice in
the Federal Register (77 FR 30532)
requesting public comment for 60 days
on the extension, without revision, of
the FR 2930. The comment period for
this notice expired on July 23, 2012. The
Federal Reserve did not receive any
comments.
5. Report title: Supervisory and
Regulatory Survey.
Agency form Number: FR 3052.
OMB Control Number: 7100–0322.
Frequency: On occasion.1
Reporters: Financial businesses.
Estimated annual reporting hours:
60,000 hours.
Estimated average time per response:
30 minutes.
Number of respondents: 5,000.
General description of report: This
information collection is authorized
pursuant to the: Federal Reserve Act,
(12 U.S.C. 225a, 324, 263, 602, and 625);
Bank Holding Company Act, (12 U.S.C.
1844(c)); International Banking Act of
1978, (12 U.S.C. 3105(c)(2)); and Federal
Deposit Insurance Act, (12 U.S.C.
1817(a)). Generally, respondent
participation is voluntary. However,
with respect to collections of
information from state member banks,
bank holding companies (and their
subsidiaries), Edge and agreement
corporations, and U.S. branches and
agencies of foreign banks supervised by
1 The Federal Reserve conducts the survey as
needed up to 24 times per year.
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Federal Register / Vol. 77, No. 155 / Friday, August 10, 2012 / Notices
the Federal Reserve, the Federal Reserve
could make the surveys mandatory. The
ability of the Federal Reserve to
maintain the confidentiality of
information provided by respondents to
the FR 3052 surveys is determined on a
case-by-case basis depending on the
type of information provided for a
particular survey. Depending upon the
survey questions, confidential treatment
could be warranted under subsections
(b)(4), (b)(6), and (b)(8) of the Freedom
of Information Act (5 U.S.C. 552(b)(4),
(6), and (8)).
Abstract: The supervision and policy
functions of Federal Reserve have
occasionally needed to gather data on an
ad-hoc basis from the banking and
financial industries on their financial
condition (outside of the standardized
regulatory reporting process) and
decisions that organizations have made
to adjust to the changes in the economy.
Further, the data may relate to a
particular business activity that requires
a more detailed presentation of the
information than is available through
regulatory reports [such as the (FFIEC
031 and FFIEC 041; OMB No. 7100–
0036) (FFIEC 002; OMB No. 7100–0032)
(FR 2886b; OMB No. 7100–0086), and
(FR Y–9C; OMB No. 7100–0128)]. These
data may be particularly needed in
times of critical economic or regulatory
changes or when issues of immediate
supervisory concern arise from Federal
Reserve supervisory initiatives and
working groups or requests from Board
Members and the Congress. The Federal
Reserve uses this event-driven survey to
obtain information specifically tailored
to the Federal Reserve’s supervisory,
regulatory, operational, and other
responsibilities. The Federal Reserve
conducts the survey as needed up to 24
times per year. The frequency and
content of the questions depend on
changing economic, regulatory,
supervisory, or legislative
developments.
Current Actions: On May 23, 2012, the
Federal Reserve published a notice in
the Federal Register (77 FR 30532)
requesting public comment for 60 days
on the extension, without revision, of
the FR 3052. The comment period for
this notice expired on July 23, 2012. The
Federal Reserve did not receive any
comments.
6. Report title: Consumer Financial
Stability Surveys.
Agency form Number: FR 3053.
OMB Control Number: 7100–0323.
Frequency: On occasion.2
2 The Federal Reserve conducts the survey as
needed up to 20 times per year.
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Reporters: Individuals, households,
and financial and non-financial
businesses.
Estimated annual reporting hours:
6,550 hours.
Estimated average time per response:
Consumer studies: Quantitative and
general studies, 0.5 hours; financial
institution consumers, .5 hours;
qualitative studies, 1.5 hours;
Financial institution study: Financial
institution staff, 1.5 hours; and
Stakeholder studies: Stakeholder
clientele, 0.5 hours; stakeholder staff,
1.5 hours.
Number of respondents:
Consumer studies: Quantitative and
general studies, 2,000; financial
institution consumers, 500; qualitative
studies, 100;
Financial institution study: Financial
institution staff, 25; and
Stakeholder studies: Stakeholder
clientele, 500; stakeholder staff, 100.
General description of report: This
information collection is authorized
pursuant to the: Community
Reinvestment Act, (12 U.S.C. 2905);
Competitive Equality Banking Act, (12
U.S.C. 3806); Expedited Funds
Availability Act, (12 U.S.C. 4008); Truth
in Lending Act, (15 U.S.C. 1604); Fair
Credit Reporting Act, (15 U.S.C.
1681s(e)); Equal Credit Opportunity Act,
(15 U.S.C. 1691b); Electronic Funds
Transfer Act, (15 U.S.C. 1693b); GrammLeach-Bliley Act, (15 U.S.C. 6801(b));
and Flood Disaster Protections Act of
1973, (42 U.S.C. 4012a). Additionally,
depending upon the survey respondent,
the information collection may be
authorized under a more specific
statute. Specifically, this information
collection is authorized pursuant to the:
Federal Reserve Act, Sections 2A, 9,
12A, 25, and 25A (12 U.S.C. 225a, 324,
263, 602, and 625); Bank Holding
Company Act, Section 5(c) (12 U.S.C.
1844(c)); International Banking Act of
1978, Section 7(c)(2) (12 U.S.C.
3105(c)(2)); and Federal Deposit
Insurance Act, Section 7(a) (12 U.S.C.
1817(a)). Respondent participation in
these surveys is voluntary. The ability of
the Federal Reserve to maintain the
confidentiality of information provided
by respondents to the FR 3053 surveys
will be determined on a case-by-case
basis depending on the type of
information provided for a particular
survey. Depending upon the survey
questions, confidential treatment could
be warranted under the Freedom of
Information Act (5 U.S.C. 552(b)(4) and
(6)).
Abstract: The Federal Reserve uses
this event-driven survey to obtain
information specifically tailored to the
Federal Reserve’s supervisory,
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47843
regulatory, operational, informational,
and other responsibilities. The studies
are used to gather qualitative and
quantitative information directly from:
Consumers (consumer studies),
financial institutions and other financial
companies offering consumer financial
products and services (financial
institution study), and other
stakeholders, such as state or local
agencies, community development
organizations, brokers, appraisers,
settlement agents, software vendors, and
consumer groups (stakeholder studies).
The Federal Reserve conducts the FR
3053 up to 20 times per year, although
the survey may not be conducted that
frequently. The frequency and content
of the questions depends on changing
economic, regulatory, or legislative
developments as well as changes in the
financial services industry itself.
Current Actions: On May 23, 2012, the
Federal Reserve published a notice in
the Federal Register (77 FR 30532)
requesting public comment for 60 days
on the extension, without revision, of
the FR 3053. The comment period for
this notice expired on July 23, 2012. The
Federal Reserve did not receive any
comments.
Board of Governors of the Federal Reserve
System, August 6, 2012.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2012–19595 Filed 8–9–12; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
notices are set forth in paragraph 7 of
the Act (12 U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the offices of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than August
27, 2012.
A. Federal Reserve Bank of Kansas
City (Dennis Denney, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri 64198–0001:
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]]>Agencies
[Federal Register Volume 77, Number 155 (Friday, August 10, 2012)]
[Notices]
[Pages 47841-47843]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-19595]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: Notice is hereby given of the final approval of proposed
information collections by the Board of Governors of the Federal
Reserve System (Board) under OMB delegated authority, as per 5 CFR
1320.16 (OMB Regulations on Controlling Paperwork Burdens on the
Public). 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
instrument(s) 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.
FOR FURTHER INFORMATION CONTACT: 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.
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.
Final approval under OMB delegated authority of the extension for
three years, without revision, of the following reports:
1. Report title: Report of Transaction Accounts, Other Deposits,
and Vault Cash.
Agency form Number: FR 2900.
OMB Control Number: 7100-0087.
Frequency: Weekly and quarterly.
Reporters: Depository institutions.
Estimated annual reporting hours: 549,878 hours.
Estimated average time per response: 3.50 hours.
Number of respondents: 2,669 weekly and 4,580 quarterly.
General description of report: This information collection is
mandatory by the Federal Reserve Act (12 U.S.C. 248(a), 461, 603, and
615) and Regulation D (12 CFR part 204). The data are given
confidential treatment (5 U.S.C. 552(b)(4)).
Abstract: Institutions with net transaction accounts greater than
the exemption amount are called nonexempt institutions. Institutions
with total transaction accounts, savings deposits, and small time
deposits greater than or equal to the reduced reporting limit,
regardless of the level of their net transaction accounts, are also
referred to as nonexempt institutions. Nonexempt institutions submit FR
2900 data either weekly or quarterly. An institution is required to
report weekly if its total transaction accounts, savings deposits, and
small time deposits are greater than or equal to the nonexempt deposit
cutoff. If the nonexempt institution's total transaction accounts,
savings deposits, and small time deposits are less than the nonexempt
deposit cutoff then the institution must report quarterly or may elect
to report weekly. U.S. branches and agencies of
[[Page 47842]]
foreign banks and banking Edge and agreement corporations submit the FR
2900 data weekly, regardless of their size. These mandatory data are
used by the Federal Reserve for administering Regulation D (Reserve
Requirements of Depository Institutions) and for constructing,
analyzing, and monitoring the monetary and reserve aggregates.
Current Actions: On May 23, 2012, the Federal Reserve published a
notice in the Federal Register (77 FR 30532) requesting public comment
for 60 days on the extension, without revision, of the FR 2900. The
comment period for this notice expired on July 23, 2012. The Federal
Reserve received one substantive comment letter from a U.S. Government
agency. The commenter supported the continued collection of the FR 2900
data and described its use of the data in constructing quarterly and
annual estimates of the net interest component of national income and
the personal interest income component of personal income in the
national income and product accounts.
2. Report title: Annual Report of Deposits and Reservable
Liabilities.
Agency form Number: FR 2910a.
OMB Control Number: 7100-0175.
Frequency: Annually.
Reporters: Depository institutions.
Estimated annual reporting hours: 3,503 hours.
Estimated average time per response: 45 minutes.
Number of respondents: 4,670.
General description of report: This information collection is
mandatory by the Federal Reserve Act (12 U.S.C. 248(a) and 461) and
Regulation D (12 CFR part 204). The data are given confidential
treatment (5 U.S.C. 552(b)(4)).
Abstract: The FR 2910a is an annual report generally filed by
depository institutions that are exempt from reserve requirements under
the Garn-St Germain Depository Institutions Act of 1982 and whose total
deposits, measured from depository institutions' December quarterly
condition reports, are greater than the exemption amount but less than
the reduced reporting limit. The report contains three data items that
are to be submitted for a single day, June 30: (1) Total transaction
accounts, savings deposits, and small time deposits; (2) reservable
liabilities; and (3) net transaction accounts. The data collected on
this report serves two purposes. First, the data are used to determine
which depository institutions will remain exempt from reserve
requirements and consequently eligible for reduced reporting for
another year. Second, the data are used in the annual indexation of the
low reserve tranche, the exemption amount, the nonexempt deposit
cutoff, and the reduced reporting limit. These mandatory data are used
by the Federal Reserve for administering Regulation D and for
constructing, analyzing, and monitoring the monetary and reserve
aggregates.
Current Actions: On May 23, 2012, the Federal Reserve published a
notice in the Federal Register (77 FR 30532) requesting public comment
for 60 days on the extension, without revision, of the FR 2910a. The
comment period for this notice expired on July 23, 2012. The Federal
Reserve did not receive any comments.
3. Report title: Report of Foreign (Non-U.S.) Currency Deposits.
Agency form Number: FR 2915.
OMB Control Number: 7100-0237.
Frequency: Quarterly.
Reporters: Depository institutions.
Estimated annual reporting hours: 284 hours.
Estimated average time per response: 30 minutes.
Number of respondents: 142.
General description of report: This information collection is
mandatory by the Federal Reserve Act (12 U.S.C. 248(a) and 347(d)) and
Regulation D (12 CFR part 204). The data are given confidential
treatment (5 U.S.C. 552(b)(4)).
Abstract: All FR 2900 respondents, both weekly and quarterly, that
offer deposits denominated in foreign currencies at their U.S. offices
file the FR 2915. FR 2915 data are used to remove foreign currency
deposits from aggregated FR 2900 data in constructing the monetary
aggregates. All weekly and quarterly FR 2900 respondents offering
foreign currency deposits file the FR 2915 quarterly, on the same
reporting schedule as quarterly FR 2900 respondents. The FR 2915 is the
only source of data on such deposits.
Current Actions: On May 23, 2012, the Federal Reserve published a
notice in the Federal Register (77 FR 30532) requesting public comment
for 60 days on the extension, without revision, of the FR 2915. The
comment period for this notice expired on July 23, 2012. The Federal
Reserve did not receive any comments.
4. Report title: Allocation of Low Reserve Tranche and Reservable
Liabilities Exemption.
Agency form Number: FR 2930.
OMB Control Number: 7100-0088.
Frequency: Annually and on occasion.
Reporters: Depository institutions.
Estimated annual reporting hours: 32 hours.
Estimated average time per response: 15 minutes.
Number of respondents: 126.
General description of report: This information collection is
mandatory by the Federal Reserve Act (12 U.S.C. 248(a), 461, 603, and
615) and Regulation D (12 CFR part 204). The data are given
confidential treatment (5 U.S.C. 552(b)(4)).
Abstract: The FR 2930 provides information on the allocation of the
low reserve tranche and the reservable liabilities exemption for
depository institutions with offices in more than one state or Federal
Reserve District or for those operating under operational convenience.
For calculation of required reserves on net transaction accounts, there
is a low reserve tranche within which deposits are reserved at a lower
reserve requirement ratio than are amounts in excess of the low reserve
tranche. Within the low reserve tranche, deposits under the reservable
liabilities exemption amount are reserved at zero. All U.S. offices of
the same parent depository institution share one low reserve tranche
and one reservable liabilities exemption. This report provides the
basis for allocating these amounts across separate reporting offices.
Current Actions: On May 23, 2012, the Federal Reserve published a
notice in the Federal Register (77 FR 30532) requesting public comment
for 60 days on the extension, without revision, of the FR 2930. The
comment period for this notice expired on July 23, 2012. The Federal
Reserve did not receive any comments.
5. Report title: Supervisory and Regulatory Survey.
Agency form Number: FR 3052.
OMB Control Number: 7100-0322.
Frequency: On occasion.\1\
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\1\ The Federal Reserve conducts the survey as needed up to 24
times per year.
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Reporters: Financial businesses.
Estimated annual reporting hours: 60,000 hours.
Estimated average time per response: 30 minutes.
Number of respondents: 5,000.
General description of report: This information collection is
authorized pursuant to the: Federal Reserve Act, (12 U.S.C. 225a, 324,
263, 602, and 625); Bank Holding Company Act, (12 U.S.C. 1844(c));
International Banking Act of 1978, (12 U.S.C. 3105(c)(2)); and Federal
Deposit Insurance Act, (12 U.S.C. 1817(a)). Generally, respondent
participation is voluntary. However, with respect to collections of
information from state member banks, bank holding companies (and their
subsidiaries), Edge and agreement corporations, and U.S. branches and
agencies of foreign banks supervised by
[[Page 47843]]
the Federal Reserve, the Federal Reserve could make the surveys
mandatory. The ability of the Federal Reserve to maintain the
confidentiality of information provided by respondents to the FR 3052
surveys is determined on a case-by-case basis depending on the type of
information provided for a particular survey. Depending upon the survey
questions, confidential treatment could be warranted under subsections
(b)(4), (b)(6), and (b)(8) of the Freedom of Information Act (5 U.S.C.
552(b)(4), (6), and (8)).
Abstract: The supervision and policy functions of Federal Reserve
have occasionally needed to gather data on an ad-hoc basis from the
banking and financial industries on their financial condition (outside
of the standardized regulatory reporting process) and decisions that
organizations have made to adjust to the changes in the economy.
Further, the data may relate to a particular business activity that
requires a more detailed presentation of the information than is
available through regulatory reports [such as the (FFIEC 031 and FFIEC
041; OMB No. 7100-0036) (FFIEC 002; OMB No. 7100-0032) (FR 2886b; OMB
No. 7100-0086), and (FR Y-9C; OMB No. 7100-0128)]. These data may be
particularly needed in times of critical economic or regulatory changes
or when issues of immediate supervisory concern arise from Federal
Reserve supervisory initiatives and working groups or requests from
Board Members and the Congress. The Federal Reserve uses this event-
driven survey to obtain information specifically tailored to the
Federal Reserve's supervisory, regulatory, operational, and other
responsibilities. The Federal Reserve conducts the survey as needed up
to 24 times per year. The frequency and content of the questions depend
on changing economic, regulatory, supervisory, or legislative
developments.
Current Actions: On May 23, 2012, the Federal Reserve published a
notice in the Federal Register (77 FR 30532) requesting public comment
for 60 days on the extension, without revision, of the FR 3052. The
comment period for this notice expired on July 23, 2012. The Federal
Reserve did not receive any comments.
6. Report title: Consumer Financial Stability Surveys.
Agency form Number: FR 3053.
OMB Control Number: 7100-0323.
Frequency: On occasion.\2\
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\2\ The Federal Reserve conducts the survey as needed up to 20
times per year.
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Reporters: Individuals, households, and financial and non-financial
businesses.
Estimated annual reporting hours: 6,550 hours.
Estimated average time per response:
Consumer studies: Quantitative and general studies, 0.5 hours;
financial institution consumers, .5 hours; qualitative studies, 1.5
hours;
Financial institution study: Financial institution staff, 1.5
hours; and
Stakeholder studies: Stakeholder clientele, 0.5 hours; stakeholder
staff, 1.5 hours.
Number of respondents:
Consumer studies: Quantitative and general studies, 2,000;
financial institution consumers, 500; qualitative studies, 100;
Financial institution study: Financial institution staff, 25; and
Stakeholder studies: Stakeholder clientele, 500; stakeholder staff,
100.
General description of report: This information collection is
authorized pursuant to the: Community Reinvestment Act, (12 U.S.C.
2905); Competitive Equality Banking Act, (12 U.S.C. 3806); Expedited
Funds Availability Act, (12 U.S.C. 4008); Truth in Lending Act, (15
U.S.C. 1604); Fair Credit Reporting Act, (15 U.S.C. 1681s(e)); Equal
Credit Opportunity Act, (15 U.S.C. 1691b); Electronic Funds Transfer
Act, (15 U.S.C. 1693b); Gramm-Leach-Bliley Act, (15 U.S.C. 6801(b));
and Flood Disaster Protections Act of 1973, (42 U.S.C. 4012a).
Additionally, depending upon the survey respondent, the information
collection may be authorized under a more specific statute.
Specifically, this information collection is authorized pursuant to
the: Federal Reserve Act, Sections 2A, 9, 12A, 25, and 25A (12 U.S.C.
225a, 324, 263, 602, and 625); Bank Holding Company Act, Section 5(c)
(12 U.S.C. 1844(c)); International Banking Act of 1978, Section 7(c)(2)
(12 U.S.C. 3105(c)(2)); and Federal Deposit Insurance Act, Section 7(a)
(12 U.S.C. 1817(a)). Respondent participation in these surveys is
voluntary. The ability of the Federal Reserve to maintain the
confidentiality of information provided by respondents to the FR 3053
surveys will be determined on a case-by-case basis depending on the
type of information provided for a particular survey. Depending upon
the survey questions, confidential treatment could be warranted under
the Freedom of Information Act (5 U.S.C. 552(b)(4) and (6)).
Abstract: The Federal Reserve uses this event-driven survey to
obtain information specifically tailored to the Federal Reserve's
supervisory, regulatory, operational, informational, and other
responsibilities. The studies are used to gather qualitative and
quantitative information directly from: Consumers (consumer studies),
financial institutions and other financial companies offering consumer
financial products and services (financial institution study), and
other stakeholders, such as state or local agencies, community
development organizations, brokers, appraisers, settlement agents,
software vendors, and consumer groups (stakeholder studies). The
Federal Reserve conducts the FR 3053 up to 20 times per year, although
the survey may not be conducted that frequently. The frequency and
content of the questions depends on changing economic, regulatory, or
legislative developments as well as changes in the financial services
industry itself.
Current Actions: On May 23, 2012, the Federal Reserve published a
notice in the Federal Register (77 FR 30532) requesting public comment
for 60 days on the extension, without revision, of the FR 3053. The
comment period for this notice expired on July 23, 2012. The Federal
Reserve did not receive any comments.
Board of Governors of the Federal Reserve System, August 6,
2012.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2012-19595 Filed 8-9-12; 8:45 am]
BILLING CODE 6210-01-P
