Sunshine Act Meeting Notice, 69845 [2012-28433]

Download as PDF Federal Register / Vol. 77, No. 225 / Wednesday, November 21, 2012 / Notices FOR FURTHER INFORMATION CONTACT: srobinson on DSK4SPTVN1PROD with 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 Report Report Title: Recordkeeping Requirements Associated with the Interagency Statement on Complex Structured Finance Activities. Agency Form Number: FR 4022. OMB Control Number: 7100–0311. Frequency: Annual. Reporters: State member banks, bank holding companies, and U.S. branches and agencies of foreign banks supervised by the Federal Reserve. Estimated Annual Reporting Hours: 200 hours. Estimated Average Hours per Response: 10 hours. Estimated Number of Respondents: 20. General Description of Report: The FR 4022 is authorized by sections 11(a), 11(i), 21, and 25 of the Federal Reserve Act (12 U.S.C. 248(a), 248(i), 483, and 602), section 5 of the Bank Holding Company Act (12 U.S.C. 1844), and section 13(a) of the International Banking Act (12 U.S.C. 3108(a)) and is voluntary guidance for supervised institutions. However, the Federal Reserve expects to use the Statement in reviewing the internal controls and risk management systems of those financial institutions engaged in Complex Structured Finance Activities (CSFTs) as part of the Federal Reserve’s supervisory process. Since the Federal Reserve does not collect any information, no issue of confidentiality normally arises. However, in the event records generated under the guidance are obtained by the Federal Reserve during an examination of a state member bank or U.S. branch or agency of a foreign bank, or during an inspection of a bank holding company, confidential treatment may be afforded to the records under exemption 8 of the Freedom of Information Act (FOIA), 5 VerDate Mar<15>2010 18:13 Nov 20, 2012 Jkt 229001 U.S.C. 552(b)(8). FOIA exemption 8 exempts from disclosure matters that are contained in or related to examination, operating, or condition reports prepared by, on behalf of, or for the use of an agency responsible for the regulation or supervision of financial institutions. Abstract: The Interagency Statement on Complex Structured Finance Activities provides that state member banks, bank holding companies, and U.S. branches and agencies of foreign banks supervised by the Federal Reserve should establish and maintain policies and procedures for identifying, evaluating, assessing, documenting, and controlling risks associated with certain CSFTs. A financial institution engaged in CSFTs should maintain a set of formal, firm-wide policies and procedures that are designed to allow the institution to identify, evaluate, assess, document, and control the full range of credit, market, operational, legal, and reputational risks associated with these transactions. These policies may be developed specifically for CSFTs, or included in the set of broader policies governing the institution generally. A financial institution operating in foreign jurisdictions may tailor its policies and procedures as appropriate to account for, and comply with, the applicable laws, regulations and standards of those jurisdictions. A financial institution’s policies and procedures should establish a clear framework for the review and approval of individual CSFTs. These policies and procedures should set forth the responsibilities of the personnel involved in the origination, structuring, trading, review, approval, documentation, verification, and execution of CSFTs. A financial institution should define what constitutes a new complex structured finance product and establish a control process for the approval of such new products. An institution’s policies also should provide for new complex structured finance products to receive the approval of all relevant control areas that are independent of the profit center before the product is offered to customers. Current Actions: On August 28, 2012, the Federal Reserve published a notice in the Federal Register (77 FR 52031) requesting public comment for 60 days on the extension, without revision, of the FR 4022. The comment period for this notice expired on October 29, 2012. The Federal Reserve did not receive any comments. PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 69845 Board of Governors of the Federal Reserve System, November 16, 2012. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2012–28309 Filed 11–20–12; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Sunshine Act Meeting Notice 10:00 a.m. (Eastern Time), November 27, 2012. PLACE: 10th Floor Board Meeting Room, 77 K Street NE., Washington, DC 20002. STATUS: All parts will be open to the public. TIME AND DATE: Matters To Be Considered: 1. Approval of the Minutes of the October 22, 2012 Board Member Meeting 2. Thrift Savings Plan Activity Report by the Acting Executive Director a. Monthly Participant Activity Report b. Quarterly Investment Performance Report c. Legislative Report 3. 2012/2013 Board Meeting Calendar Contact Person for More Information: Kimberly Weaver, Director, Office of External Affairs, (202) 942–1640. Dated: November 19, 2012. Megan Grumbine, Acting Secretary, Federal Retirement Thrift Investment Board. [FR Doc. 2012–28433 Filed 11–19–12; 4:15 pm] BILLING CODE 6760–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Final Effect of Designation of a Class of Employees for Addition to the Special Exposure Cohort National Institute for Occupational Safety and Health (NIOSH), Centers for Disease Control and Prevention, Department of Health and Human Services (HHS). ACTION: Notice. AGENCY: HHS gives notice concerning the final effect of the HHS decision to designate a class of employees from the Ventron Corporation facility, in Beverly, Massachusetts, as an addition to the Special Exposure Cohort (SEC) under the Energy Employees Occupational Illness Compensation Program Act of 2000. On October 12, 2012, as provided for under 42 U.S.C. 7384q(b), the Secretary of HHS designated the SUMMARY: E:\FR\FM\21NON1.SGM 21NON1

Agencies

[Federal Register Volume 77, Number 225 (Wednesday, November 21, 2012)]
[Notices]
[Page 69845]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-28433]


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FEDERAL RETIREMENT THRIFT INVESTMENT BOARD


Sunshine Act Meeting Notice

TIME AND DATE: 10:00 a.m. (Eastern Time), November 27, 2012.

PLACE: 10th Floor Board Meeting Room, 77 K Street NE., Washington, DC 
20002.

STATUS: All parts will be open to the public.

Matters To Be Considered:

    1. Approval of the Minutes of the October 22, 2012 Board Member 
Meeting
    2. Thrift Savings Plan Activity Report by the Acting Executive 
Director
    a. Monthly Participant Activity Report
    b. Quarterly Investment Performance Report
    c. Legislative Report
    3. 2012/2013 Board Meeting Calendar

Contact Person for More Information:

    Kimberly Weaver, Director, Office of External Affairs, (202) 942-
1640.

    Dated: November 19, 2012.
Megan Grumbine,
Acting Secretary, Federal Retirement Thrift Investment Board.
[FR Doc. 2012-28433 Filed 11-19-12; 4:15 pm]
BILLING CODE 6760-01-P
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