Agency Information Collection Activities: Submission to OMB for Reinstatement, With Change, of a Previously Approved Collection; Comment Request, 43232-43233 [2013-17341]
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43232
Federal Register / Vol. 78, No. 139 / Friday, July 19, 2013 / Notices
emcdonald on DSK67QTVN1PROD with NOTICES
(Pub. L. 104–13, 44 U.S.C. Chapter 35).
This information collection relates to 12
CFR part 713 which requires a federal
credit union (FCU) to monitor its
eligibility to qualify for a higher fidelity
coverage deductible and to notify the
NCUA if its financial condition changes
resulting in the loss of that eligibility for
the higher deductible. This information
collection notice is published to obtain
comments from the public. This
requirement enables NCUA to monitor
the FCU’s financial condition for safety
and soundness purposes and helps to
assure that FCUs are properly and
adequately protected against potential
losses due to insider abuse such as fraud
and embezzlement.
DATES: Comments will be accepted until
September 17, 2013.
ADDRESSES: Interested parties are
invited to submit written comments to
the NCUA Contact and the OMB
Reviewer listed below:
NCUA Contact: Tracy Crews, National
Credit Union Administration, 1775
Duke Street, Alexandria, Virginia
22314–3428, Fax No. 703–837–2861,
Email: OCIOPRA@ncua.gov.
OMB Contact: Office of Management
and Budget, ATTN: Desk Officer for the
National Credit Union Administration,
Office of Information and Regulatory
Affairs, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information, a
copy of the information collection
request, or a copy of submitted
comments should be directed to Tracy
Crews at the National Credit Union
Administration, 1775 Duke Street,
Alexandria, VA 22314–3428, or at (703)
518–6444.
SUPPLEMENTARY INFORMATION:
I. Abstract and Request for Comments
NCUA is reinstating a previously
approved collection of information for
3133–0170. The regulation calls for an
FCU that ceases to meet eligibility
requirements for the higher deductible
to obtain a policy with the required
coverage and to notify the appropriate
NCUA regional office of its changed
status. The notice must also confirm
that the FCU has obtained the required
coverage. The information will be used
by the regional office in its efforts to
monitor credit unions for safe and
sound operations and is critically
important in helping to avert or
minimize losses to the National Credit
Union Share Insurance Fund (NCUSIF).
The NCUSIF provides federally
guaranteed account insurance for all
federally insured credit unions.
Adequate insurance coverage can avert
a credit union from failing due to
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15:33 Jul 18, 2013
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insolvency; alternatively, where
insolvency and failure do occur, the
NCUA, in its capacity as receiver for the
failed FCU, can recoup some of its
losses through a claim under an
insurance policy.
The NCUA requests that you send
your comments on this collection to the
location listed in the addresses section.
Your comments should address: (a) The
necessity of the information collection
for the proper performance of NCUA,
including whether the information will
have practical utility; (b) the accuracy of
our estimate of the burden (hours and
cost) of the collection of information,
including the validity of the
methodology and assumptions used; (c)
ways we could enhance the quality,
utility, and clarity of the information to
be collected; and (d) ways we could
minimize the burden of the collection of
the information on the respondents such
as through the use of automated
collection techniques or other forms of
information technology. It is NCUA’s
policy to make all comments available
to the public for review.
II. Data
Title: 12 CFR part 713, Fidelity Bond
and Insurance Coverage for Federal
Credit Unions.
OMB Number: 3133–0170.
Form Number: None.
Type of Review: Reinstatement,
without change, of a previously
approved collection.
Description: The regulation in 12 CFR
part 713, details the requirements for
FCU compliance regarding fidelity bond
and insurance coverage. The regulation
includes instructions for those FCUs
that no longer qualify for a higher
deductible.
Respondents: Federal credit unions.
Estimated No. of Respondents/
Recordkeepers: 5.
Estimated Burden Hours per
Response: 1 hour.
Frequency of Response: On occasion.
Estimated Total Annual Burden
Hours: 5 hours.
Estimated Total Annual Cost: None.
By the National Credit Union
Administration Board, on July 15, 2013.
Mary Rupp,
Secretary of the Board.
[FR Doc. 2013–17347 Filed 7–18–13; 8:45 am]
BILLING CODE 7535–01–P
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NATIONAL CREDIT UNION
ADMINISTRATION
Agency Information Collection
Activities: Submission to OMB for
Reinstatement, With Change, of a
Previously Approved Collection;
Comment Request
National Credit Union
Administration (NCUA).
ACTION: Request for comment.
AGENCY:
The NCUA intends to submit
the following information collection to
the Office of Management and Budget
(OMB) for review and clearance under
the Paperwork Reduction Act of 1995
(Pub. L. 104–13, 44 U.S.C. Chapter 35).
The information collection relates to
requests for non-public records and for
testimony by NCUA employees in legal
proceedings. This information
collection notice is published to obtain
comments from the public.
DATES: Comments will be accepted until
September 17, 2013.
ADDRESSES: Interested parties are
invited to submit written comments to
the NCUA Contact and the OMB
Reviewer listed below:
NCUA Contact: Tracy Crews, National
Credit Union Administration, 1775
Duke Street, Alexandria, Virginia
22314–3428, Fax No. 703–837–2861,
Email: OCIOPRA@ncua.gov.
OMB Contact: Office of Management
and Budget, ATTN: Desk Officer for the
National Credit Union Administration,
Office of Information and Regulatory
Affairs, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information, a
copy of the information collection
request, or a copy of submitted
comments should be directed to Tracy
Crews at the National Credit Union
Administration, 1775 Duke Street,
Alexandria, VA 22314–3428, or at (703)
518–6444.
SUPPLEMENTARY INFORMATION:
SUMMARY:
I. Abstract and Request for Comments
NCUA is reinstating a previously
approved collection of information for
3133–0146. 12 CFR Part 792, Subpart C
requires anyone requesting NCUA nonpublic records for use in legal
proceedings, or similarly the testimony
of NCUA personnel, to provide NCUA
with information regarding the
requester’s grounds for the request. This
process is also known as a ‘‘Touhy
Request’’. The information collected
will help the NCUA decide whether to
release non-public records or permit
employees to testify in legal
proceedings.
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Federal Register / Vol. 78, No. 139 / Friday, July 19, 2013 / Notices
NCUA regulations also require an
entity or person in possession of NCUA
records to notify the NCUA upon receipt
of a subpoena for those records. The
NCUA requires this notice to protect its
records and, when necessary, intervene
in litigation or file an objection to the
disclosure of its confidential
information in the appropriate court or
tribunal.
The NCUA requests that you send
your comments on this collection to the
location listed in the addresses section.
Your comments should address: (a) The
necessity of the information collection
for the proper performance of NCUA,
including whether the information will
have practical utility; (b) the accuracy of
our estimate of the burden (hours and
cost) of the collection of information,
including the validity of the
methodology and assumptions used; (c)
ways we could enhance the quality,
utility, and clarity of the information to
be collected; and (d) ways we could
minimize the burden of the collection of
the information on the respondents such
as through the use of automated
collection techniques or other forms of
information technology. It is NCUA’s
policy to make all comments available
to the public for review.
emcdonald on DSK67QTVN1PROD with NOTICES
II. Data
Title: Production of Non-public
Records and Testimony of Employees in
Legal Proceedings (Touhy Request).
OMB Number: 3133–0146.
Form Number: None.
Type of Review: Reinstatement, with
change, of a previously approved
collection.
Description: The regulation in 12 CFR
Part 792, Subpart C details the
requirements for obtaining the
production of nonpublic NCUA records
for use in legal proceedings and
testimony of NCUA personnel.
Respondents: Respondents will most
likely be persons involved in legal
proceedings.
Estimated No. of Respondents/
Recordkeepers: 20
Estimated Burden Hours per
Response: 2 hours.
Frequency of Response: Reporting, on
occasion.
Estimated Total Annual Burden
Hours: 40.
Estimated Total Annual Cost: None.
By the National Credit Union
Administration Board on July 15, 2013.
Mary Rupp,
Secretary of the Board.
[FR Doc. 2013–17341 Filed 7–18–13; 8:45 am]
BILLING CODE 7535–01–P
VerDate Mar<15>2010
15:33 Jul 18, 2013
Jkt 229001
NATIONAL CREDIT UNION
ADMINISTRATION
Agency Information Collection
Activities: Submission to OMB for
Reinstatement of a Previously
Approved Information Collection;
Comment Request
National Credit Union
Administration (NCUA).
ACTION: Request for comment.
AGENCY:
The NCUA intends to submit
the following information collection to
the Office of Management and Budget
(OMB) for review and clearance under
the Paperwork Reduction Act of 1995
(Pub. L. 104–13, 44 U.S.C. Chapter 35).
This information collection is published
to obtain comments from the public.
DATES: Comments will be accepted until
September 17, 2013.
ADDRESSES: Interested parties are
invited to submit written comments to
the NCUA Contact and the OMB
Reviewer listed below:
NCUA Contact: Tracy Crews, National
Credit Union Administration, 1775
Duke Street, Alexandria, Virginia
22314–3428, Fax No. 703–837–2861,
Email: OCIOPRA@ncua.gov.
OMB Contact: Office of Management
and Budget, ATTN: Desk Officer for the
National Credit Union Administration,
Office of Information and Regulatory
Affairs, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information, a
copy of the information collection
request, or a copy of submitted
comments should be directed to Tracy
Crews at the National Credit Union
Administration, 1775 Duke Street,
Alexandria, VA 22314–3428, or at (703)
518–6444.
SUPPLEMENTARY INFORMATION:
SUMMARY:
I. Abstract and Request for Comments
NCUA is reinstating the collection for
3133–0108. Section 748.2 of NCUA’s
regulations, 12 CFR 748.2, directs credit
unions to adopt a written program and
to maintain procedures that ensure the
credit union’s continued compliance
with the Bank Secrecy Act (BSA) (31
U.S.C. 5311–5330) and Department of
Treasury’s reporting and recordkeeping
regulations (31 CFR part 1000). NCUA
examiners review the programs to
determine whether the credit union’s
procedures comply with the Bank
Secrecy Act requirements. The
requirement that credit unions establish
written BSA compliance procedures is a
one-time event, but revisions to those
procedures must occur as deemed
necessary.
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43233
NCUA examiners review the written
procedures during examinations in
order to ensure the implementation of
adequate systems for complying with
the BSA and its implementing
regulations.
The NCUA requests that you send
your comments on this collection to the
location listed in the ADDRESSES section.
Your comments should address: (a) The
necessity of the information collection
for the proper performance of NCUA,
including whether the information will
have practical utility; (b) the accuracy of
our estimate of the burden (hours and
cost) of the collection of information,
including the validity of the
methodology and assumptions used; (c)
ways we could enhance the quality,
utility, and clarity of the information to
be collected; and (d) ways we could
minimize the burden of the collection of
the information on the respondents such
as through the use of automated
collection techniques or other forms of
information technology. It is NCUA’s
policy to make all comments available
to the public for review.
II. Data
Proposal for the following collection
of information:
OMB Number: 3133–0108.
Form Number: None.
Type of Review: Reinstatement of a
previously approved collection.
Title: Monitoring Bank Secrecy Act
Compliance.
Description: The collection is needed
to allow NCUA to determine whether
credit unions have established a
program reasonably designed to assure
and monitor their compliance with
currency recordkeeping and reporting
requirements established by Federal
statute and Department of Treasury
Regulations.
Respondents: Federally Insured Credit
Unions.
Estimated No. of Respondents/
Recordkeepers: 6,753.
Estimated Burden Hours per
Response: 16 hours.
Frequency of Response: Annually.
Estimated Total Annual Burden
Hours: 108,048.
Estimated Total Annual Cost: 0.
By the National Credit Union
Administration Board on July 15, 2013.
Mary Rupp,
Secretary of the Board
[FR Doc. 2013–17338 Filed 7–18–13; 8:45 am]
BILLING CODE 7535–01–P
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Agencies
[Federal Register Volume 78, Number 139 (Friday, July 19, 2013)]
[Notices]
[Pages 43232-43233]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-17341]
-----------------------------------------------------------------------
NATIONAL CREDIT UNION ADMINISTRATION
Agency Information Collection Activities: Submission to OMB for
Reinstatement, With Change, of a Previously Approved Collection;
Comment Request
AGENCY: National Credit Union Administration (NCUA).
ACTION: Request for comment.
-----------------------------------------------------------------------
SUMMARY: The NCUA intends to submit the following information
collection to the Office of Management and Budget (OMB) for review and
clearance under the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44
U.S.C. Chapter 35). The information collection relates to requests for
non-public records and for testimony by NCUA employees in legal
proceedings. This information collection notice is published to obtain
comments from the public.
DATES: Comments will be accepted until September 17, 2013.
ADDRESSES: Interested parties are invited to submit written comments to
the NCUA Contact and the OMB Reviewer listed below:
NCUA Contact: Tracy Crews, National Credit Union Administration,
1775 Duke Street, Alexandria, Virginia 22314-3428, Fax No. 703-837-
2861, Email: OCIOPRA@ncua.gov.
OMB Contact: Office of Management and Budget, ATTN: Desk Officer
for the National Credit Union Administration, Office of Information and
Regulatory Affairs, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Requests for additional information, a
copy of the information collection request, or a copy of submitted
comments should be directed to Tracy Crews at the National Credit Union
Administration, 1775 Duke Street, Alexandria, VA 22314-3428, or at
(703) 518-6444.
SUPPLEMENTARY INFORMATION:
I. Abstract and Request for Comments
NCUA is reinstating a previously approved collection of information
for 3133-0146. 12 CFR Part 792, Subpart C requires anyone requesting
NCUA non-public records for use in legal proceedings, or similarly the
testimony of NCUA personnel, to provide NCUA with information regarding
the requester's grounds for the request. This process is also known as
a ``Touhy Request''. The information collected will help the NCUA
decide whether to release non-public records or permit employees to
testify in legal proceedings.
[[Page 43233]]
NCUA regulations also require an entity or person in possession of
NCUA records to notify the NCUA upon receipt of a subpoena for those
records. The NCUA requires this notice to protect its records and, when
necessary, intervene in litigation or file an objection to the
disclosure of its confidential information in the appropriate court or
tribunal.
The NCUA requests that you send your comments on this collection to
the location listed in the addresses section. Your comments should
address: (a) The necessity of the information collection for the proper
performance of NCUA, including whether the information will have
practical utility; (b) the accuracy of our estimate of the burden
(hours and cost) of the collection of information, including the
validity of the methodology and assumptions used; (c) ways we could
enhance the quality, utility, and clarity of the information to be
collected; and (d) ways we could minimize the burden of the collection
of the information on the respondents such as through the use of
automated collection techniques or other forms of information
technology. It is NCUA's policy to make all comments available to the
public for review.
II. Data
Title: Production of Non-public Records and Testimony of Employees
in Legal Proceedings (Touhy Request).
OMB Number: 3133-0146.
Form Number: None.
Type of Review: Reinstatement, with change, of a previously
approved collection.
Description: The regulation in 12 CFR Part 792, Subpart C details
the requirements for obtaining the production of nonpublic NCUA records
for use in legal proceedings and testimony of NCUA personnel.
Respondents: Respondents will most likely be persons involved in
legal proceedings.
Estimated No. of Respondents/Recordkeepers: 20
Estimated Burden Hours per Response: 2 hours.
Frequency of Response: Reporting, on occasion.
Estimated Total Annual Burden Hours: 40.
Estimated Total Annual Cost: None.
By the National Credit Union Administration Board on July 15,
2013.
Mary Rupp,
Secretary of the Board.
[FR Doc. 2013-17341 Filed 7-18-13; 8:45 am]
BILLING CODE 7535-01-P