Sunshine Act Meeting, 3895 [2013-01009]

Download as PDF Federal Register / Vol. 78, No. 12 / Thursday, January 17, 2013 / Notices FEDERAL DEPOSIT INSURANCE CORPORATION Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that at 10:14 a.m. on Tuesday, January 15, 2013, the Board of Directors of the Federal Deposit Insurance Corporation met in closed session to consider matters related to the Corporation’s supervision, corporate, and resolution activities. In calling the meeting, the Board determined, on motion of Vice Chairman Thomas M. Hoenig, seconded by Director Jeremiah O. Norton (Appointive), concurred in by Director Richard Cordray (Director, Consumer Financial Protection Bureau), Director Thomas J. Curry (Comptroller of the Currency), and Chairman Martin J. Gruenberg, that Corporation business required its consideration of the matters which were to be the subject of this meeting on less than seven days’ notice to the public; that no earlier notice of the meeting was practicable; that the public interest did not require consideration of the matters in a meeting open to public observation; and that the matters could be considered in a closed meeting by authority of subsections (c)(2), (c)(4), (c)(6), (c)(8), (c)(9)(A)(ii), (c)(9)(B), and (c)(10) of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b(c)(2), (c)(4), (c)(6), (c)(8), (c)(9)(A)(ii), (c)(9)(B), and (c)(10)). The meeting was held in the Board Room of the FDIC Building located at 550–17th Street NW., Washington, DC. Dated: January 15, 2013. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2013–01009 Filed 1–15–13; 4:15 pm] BILLING CODE P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Background. Notice is hereby given of the final approval of a proposed information collection 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 pmangrum on DSK3VPTVN1PROD with SUMMARY: VerDate Mar<15>2010 14:19 Jan 16, 2013 Jkt 229001 collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instruments 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 revision, without extension, of the following reports: Report title: Consolidated Financial Statements for Bank Holding Companies. Agency form number: FR Y–9C. OMB control number: 7100–0128. Frequency: Quarterly. Effective Date: March 31, 2013 Reporters: Bank holding companies (BHCs). Estimated annual reporting hours: 210,808 hours. Estimated average hours per response: 45.59 hours. Number of respondents: 1,156. General description of report: This information collection is mandatory (12 U.S.C. 1844(c)). Confidential treatment is not routinely given to the data in this report. However, confidential treatment for the reporting information, in whole or in part, can be requested in accordance with the instructions to the form, pursuant to sections (b)(4), (b)(6) and (b)(8) of the Freedom of Information Act (5 U.S.C. 552(b)(4), (b)(6) and (b)(8)). Abstract: The FR Y–9 family of reports historically has been, and continues to be, the primary source of financial information on BHCs between on-site inspections. Financial information from these reports is used to detect emerging financial problems, to review performance and conduct preinspection analysis, to monitor and evaluate capital adequacy, to evaluate PO 00000 Frm 00018 Fmt 4703 Sfmt 4703 3895 BHC mergers and acquisitions, and to analyze a BHC’s overall financial condition to ensure safe and sound operations. The FR Y–9C consists of standardized financial statements similar to the Federal Financial Institutions Examination Council (FFIEC) Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031 & 041; OMB No. 7100–0036) filed by commercial banks. The FR Y–9C collects consolidated data from top-tier BHCs with total consolidated assets of $500 million or more. (Under certain circumstances defined in the General Instructions, BHCs under $500 million may be required to file the FR Y–9C.) Current Actions: On November 21, 2011, the Federal Reserve published a notice in the Federal Register (77 FR 71968) requesting public comment for 60 days on the proposed changes to the FR Y–9C. The comment period expired on January 20, 2012. The Federal Reserve received comment letters from six entities on proposed revisions to the FR Y–9C: two banking organizations, two bankers’ associations, a commercial lending software company, and a news organization. In addition, the Federal Reserve, FDIC, and OCC (the banking agencies) received these six comment letters and two additional comment letters from banking organizations on proposed revisions to the Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031 & 041; OMB No. 7100–0036), which parallel proposed revisions to the FR Y–9C and were taken into consideration for this proposal. On March 16, 2012, the Federal Reserve published a final notice in the Federal Register (77 FR 15755) announcing the implementation of reporting changes and instructional revisions, effective as of March 31, 2012. The Federal Reserve also announced the implementation of revisions to two existing schedules proposed for implementation as of June 30, 2012. The Federal Reserve further announced the deferred implementation of Schedule HC–U, Loan Origination Activity (in Domestic Offices), and new Schedule HI–C, Disaggregated Data on the Allowance for Loan and Lease Losses (ALLL), both of which were originally proposed to be added to the FR Y–9C report effective June 30, 2012. Three banking organizations and the two bankers’ associations addressed proposed Schedule HI–C, and all eight commenters addressed proposed Schedule HC–U. The Federal Reserve announced they were continuing to evaluate these proposed new schedules in light of the comments received. The E:\FR\FM\17JAN1.SGM 17JAN1

Agencies

[Federal Register Volume 78, Number 12 (Thursday, January 17, 2013)]
[Notices]
[Page 3895]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-01009]



[[Page 3895]]

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FEDERAL DEPOSIT INSURANCE CORPORATION


Sunshine Act Meeting

    Pursuant to the provisions of the ``Government in the Sunshine 
Act'' (5 U.S.C. 552b), notice is hereby given that at 10:14 a.m. on 
Tuesday, January 15, 2013, the Board of Directors of the Federal 
Deposit Insurance Corporation met in closed session to consider matters 
related to the Corporation's supervision, corporate, and resolution 
activities.
    In calling the meeting, the Board determined, on motion of Vice 
Chairman Thomas M. Hoenig, seconded by Director Jeremiah O. Norton 
(Appointive), concurred in by Director Richard Cordray (Director, 
Consumer Financial Protection Bureau), Director Thomas J. Curry 
(Comptroller of the Currency), and Chairman Martin J. Gruenberg, that 
Corporation business required its consideration of the matters which 
were to be the subject of this meeting on less than seven days' notice 
to the public; that no earlier notice of the meeting was practicable; 
that the public interest did not require consideration of the matters 
in a meeting open to public observation; and that the matters could be 
considered in a closed meeting by authority of subsections (c)(2), 
(c)(4), (c)(6), (c)(8), (c)(9)(A)(ii), (c)(9)(B), and (c)(10) of the 
``Government in the Sunshine Act'' (5 U.S.C. 552b(c)(2), (c)(4), 
(c)(6), (c)(8), (c)(9)(A)(ii), (c)(9)(B), and (c)(10)).
    The meeting was held in the Board Room of the FDIC Building located 
at 550-17th Street NW., Washington, DC.

    Dated: January 15, 2013.

Federal Deposit Insurance Corporation.

 Robert E. Feldman,
Executive Secretary.
[FR Doc. 2013-01009 Filed 1-15-13; 4:15 pm]
BILLING CODE P
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