U.S. Department of State Advisory Committee on Private International Law (ACPIL): Notice of Public Meeting on Draft Principles Regarding the Enforceability of Close-Out Netting, 50758 [2012-20691]

Download as PDF 50758 Federal Register / Vol. 77, No. 163 / Wednesday, August 22, 2012 / Notices The Department will accept comments from the public up to October 22, 2012. ADDRESSES: You may submit comments identified by any of the following methods: • Persons with access to the Internet may view and comment on this notice by going to the regulations.gov Web site at http://www.regulations.gov/#!home. You can search by selecting ‘‘Notice’’ under Document Type, enter the Public Notice number, and check ‘‘Open for Comment’’. Search, and then to view the document, select an Agency. • Mail (paper, disk, or CD–ROM submissions): U.S. Department of State, Office of Exchange Coordination and Designation, SA–5, 2200 C Street NW., Floor 5, Washington, DC 20522–0505 • Email: jexchanges@state.gov. You must include the information collection title and OMB control number in any correspondence. FOR FURTHER INFORMATION CONTACT: Direct requests for additional information regarding the collection listed in this notice, including requests for copies of the proposed collection instrument and supporting documents, to Robin J Lerner, Deputy Assistant Secretary for Private Sector Exchange, U.S. Department of State, SA–5, Floor 5, 2200 C Street NW., Washington, DC 20522–0505, who may be reached at 202–632–2805 or email at jexchanges@state.gov. DATES: mstockstill on DSK4VPTVN1PROD with NOTICES • Title of Information Collection: Exchange Visitor Program Participant Survey—Summer Work Travel Program. • OMB Control Number: None. • Type of Request: New Collection. • Originating Office: Bureau of Educational and Cultural Affairs, ECA/ EC. • Form Number: SV 2012–0004. • Respondents: Exchange Visitor Program participants in the Summer Work Travel category. • Estimated Number of Respondents: 109,000 . • Estimated Number of Responses: 109,000. • Average Hours per Response: 30 minutes. • Total Estimated Burden Time: 54,500 hours. • Frequency: On occasion. • Obligation to Respond: Voluntary. We are soliciting public comments to permit the Department to: • Evaluate whether the proposed information collection is necessary for the effective administration of the Summer Work Travel category of the Exchange Visitor Program. 16:53 Aug 21, 2012 Jkt 226001 Dated: August 14, 2012. Robin J. Lerner, Deputy Assistant Secretary, Office of Private Sector Exchange, Bureau of Educational and Cultural Affairs, Department of State. [FR Doc. 2012–20678 Filed 8–21–12; 8:45 am] SUPPLEMENTARY INFORMATION: VerDate Mar<15>2010 • Evaluate the accuracy of our estimate of the burden of the proposed collection, including the validity of the methodology and assumptions used. • Enhance the quality, utility, and clarity of the information to be collected. • Minimize the reporting burden on those who are to respond, including the use of automated collection techniques or other forms of technology. Abstract of proposed collection: This collection of information is under the provisions of the Mutual Educational and Cultural Exchange Act, as amended, and its implementing regulations (22 CFR Part 62). Summer Work Travel Participant Surveys will be sent to all Summer Work Travel participants at least once during their program. Sponsors are required to ensure that the link to the Survey is provided to all exchange participants in orientation materials, follow-up emails, etc. Although the survey is voluntary, the Department is trying to capture a high volume of responses to trend participant satisfaction, complaints, safety and welfare. Methodology: The collection will be submitted to the Department electronically through Survey Monkey. BILLING CODE 4710–05–P DEPARTMENT OF STATE [Public Notice 7989] U.S. Department of State Advisory Committee on Private International Law (ACPIL): Notice of Public Meeting on Draft Principles Regarding the Enforceability of Close-Out Netting The Office of the Assistant Legal Adviser for Private International Law, Department of State, hereby gives notice of a public meeting on UNIDROIT’s draft Principles Regarding the Enforceability of Close-out Netting. Close-out netting is a contractual mechanism used by financial institutions and other market participants to reduce their risk exposure, and is thus a key tool for preserving the stability of the financial system. A study group organized by UNIDROIT (the International Institute for the Unification of Private Law) produced a draft set of principles that are intended to serve as a guide for evaluating whether the legal systems in PO 00000 Frm 00085 Fmt 4703 Sfmt 9990 various jurisdictions around the world adequately recognize the enforceability of netting provisions. The draft principles and background documents are available on the UNIDROIT Web site (http://www.unidroit.org/english/ studies/study78c/main.htm). On October 15, 2012, UNIDROIT will be holding an intergovernmental meeting at which the draft principles will be further developed, although it is not expected that the principles will be finalized until next year. The purpose of this public meeting is to obtain the views of concerned stakeholders on these topics in advance of the UNIDROIT meeting. This is not a meeting of the full Advisory Committee. Time and Place: The meeting will take place on Friday, September 21, 2012, from 10 a.m. to 1 p.m. at the Federal Reserve Bank of New York, 33 Liberty Street, New York, NY. Participants should arrive between 9:30 a.m. and 9:45 a.m. for visitor screening. If you are unable to attend the public meeting and would like to participate from a remote location, teleconferencing will be available. Public Participation: This meeting is open to the public, subject to the capacity of the meeting room. For preclearance purposes, those planning to attend in person are requested to email or phone Tricia Smeltzer (smeltzertk@state.gov, 202–776–8423) or Niesha Toms (tomsnn@state.gov, 202– 776–8420) and provide your full name and affiliation. Attendees are requested to bring a photo ID such as a driver’s license or a passport. This will greatly facilitate entry. A member of the public needing reasonable accommodation should advise Ms. Smeltzer or Ms. Toms not later than September 12, 2012. Requests made after that date will be considered, but might not be able to be fulfilled. If you would like to participate by telephone, please contact Ms. Smeltzer or Ms. Toms to obtain the call-in number and other information. Dated: August 14, 2012. Keith Loken, Assistant Legal Advisor, Office of Private International Law, Office of the Legal Advisor, Department of State. [FR Doc. 2012–20691 Filed 8–21–12; 8:45 am] BILLING CODE 4710–08–P E:\FR\FM\22AUN1.SGM 22AUN1

Agencies

[Federal Register Volume 77, Number 163 (Wednesday, August 22, 2012)]
[Notices]
[Page 50758]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-20691]


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DEPARTMENT OF STATE

[Public Notice 7989]


U.S. Department of State Advisory Committee on Private 
International Law (ACPIL): Notice of Public Meeting on Draft Principles 
Regarding the Enforceability of Close-Out Netting

    The Office of the Assistant Legal Adviser for Private International 
Law, Department of State, hereby gives notice of a public meeting on 
UNIDROIT's draft Principles Regarding the Enforceability of Close-out 
Netting. Close-out netting is a contractual mechanism used by financial 
institutions and other market participants to reduce their risk 
exposure, and is thus a key tool for preserving the stability of the 
financial system. A study group organized by UNIDROIT (the 
International Institute for the Unification of Private Law) produced a 
draft set of principles that are intended to serve as a guide for 
evaluating whether the legal systems in various jurisdictions around 
the world adequately recognize the enforceability of netting 
provisions. The draft principles and background documents are available 
on the UNIDROIT Web site (http://www.unidroit.org/english/studies/study78c/main.htm). On October 15, 2012, UNIDROIT will be holding an 
intergovernmental meeting at which the draft principles will be further 
developed, although it is not expected that the principles will be 
finalized until next year.
    The purpose of this public meeting is to obtain the views of 
concerned stakeholders on these topics in advance of the UNIDROIT 
meeting. This is not a meeting of the full Advisory Committee.
    Time and Place: The meeting will take place on Friday, September 
21, 2012, from 10 a.m. to 1 p.m. at the Federal Reserve Bank of New 
York, 33 Liberty Street, New York, NY. Participants should arrive 
between 9:30 a.m. and 9:45 a.m. for visitor screening. If you are 
unable to attend the public meeting and would like to participate from 
a remote location, teleconferencing will be available.
    Public Participation: This meeting is open to the public, subject 
to the capacity of the meeting room. For pre-clearance purposes, those 
planning to attend in person are requested to email or phone Tricia 
Smeltzer (smeltzertk@state.gov, 202-776-8423) or Niesha Toms 
(tomsnn@state.gov, 202-776-8420) and provide your full name and 
affiliation. Attendees are requested to bring a photo ID such as a 
driver's license or a passport. This will greatly facilitate entry.
    A member of the public needing reasonable accommodation should 
advise Ms. Smeltzer or Ms. Toms not later than September 12, 2012. 
Requests made after that date will be considered, but might not be able 
to be fulfilled. If you would like to participate by telephone, please 
contact Ms. Smeltzer or Ms. Toms to obtain the call-in number and other 
information.

    Dated: August 14, 2012.
Keith Loken,
Assistant Legal Advisor, Office of Private International Law, Office of 
the Legal Advisor, Department of State.
[FR Doc. 2012-20691 Filed 8-21-12; 8:45 am]
BILLING CODE 4710-08-P