Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 44952-44953 [2013-17873]
Download as PDF
<![CDATA[
44952
General Description of Collection: The
information collected enables the FDIC
to ensure that all individuals,
businesses and firms seeking to provide
legal support services to the FDIC meet
the eligibility requirements established
by Congress. The information is also
used to manage and monitor payments
to contractors, document contract
amendments, expiration dates, billable
individuals, minority law firms, and to
ensure that law firms, experts, and other
legal support services providers are in
compliance with statutory and
regulatory requirements.
ehiers on DSK2VPTVN1PROD with NOTICES
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.
Dated at Washington, DC, this 22nd day of
July 2013.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2013–17896 Filed 7–24–13; 8:45 am]
BILLING CODE 6714–01–P
VerDate Mar<15>2010
13:49 Jul 24, 2013
Jkt 229001
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
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—Office of
the Chief Data Officer, 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.
AGENCY:
PO 00000
Frm 00031
Fmt 4703
Sfmt 4703
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, with minor revision, of the
following report:
Report title: Report of Selected
Balance Sheet Items for Discount
Window Borrowers.
Agency form number: FR 2046.
OMB control number: 7100–0289.
Frequency: On occasion.
Reporters: Depository institutions.
Estimated annual reporting hours:
Primary and Secondary Credit, 1 hour;
Seasonal Credit, 228 hours.
Estimated average hours per response:
Primary and Secondary Credit, 0.75
hours; Seasonal Credit, 0.25 hours.
Number of respondents: Primary and
Secondary Credit, 1; Seasonal Credit,
70.
General description of report: This
information collection is required to
obtain a benefit pursuant to section 10B
and 19(b)(7) of the Federal Reserve Act
(12 U.S.C. 347b and 461(b)(7)) and is
given confidential treatment (5 U.S.C.
552(b)(4)).
Abstract: The Federal Reserve’s
Regulation A, Extensions of Credit by
Federal Reserve Banks, requires that
Reserve Banks review balance sheet data
in determining whether to extend credit
and to help ascertain whether undue
use is made of such credit. Depository
institutions that borrow from the
discount window report on the FR 2046
certain balance sheet data for a period
E:\FR\FM\25JYN1.SGM
25JYN1
EN25JY13.000</GPH>
Federal Register / Vol. 78, No. 143 / Thursday, July 25, 2013 / Notices
ehiers on DSK2VPTVN1PROD with NOTICES
Federal Register / Vol. 78, No. 143 / Thursday, July 25, 2013 / Notices
that encompasses the dates of
borrowing.
Current Action: On May 16, 2013, the
Federal Reserve published a notice in
the Federal Register (78 FR 28846)
seeking public comment for 60 days on
the extension, with minor revision, of
the FR 2046. The comment period for
this notice expired on July 15, 2013. The
Federal Reserve did not receive any
comments. The revision will be
implemented as proposed.
Final approval under OMB delegated
authority of the implementation of the
following report:
Report title: Payments Research
Survey.
Agency form number: FR 3067.
OMB control number: 7100-new.
Frequency: On occasion.
Reporters: Depository institutions;
financial and nonfinancial businesses
and related entities; individual
consumers; or households.
Estimated annual reporting hours:
60,000 hours.
Estimated average hours per response:
3 hours.
Number of respondents: 5,000.
General description of report: The
Federal Reserve has determined that
this survey is generally authorized by
sections 2A and 12A of the Federal
Reserve Act (FRA). Section 2A of the
FRA requires that the Federal Reserve
maintain long run growth of the
monetary and credit aggregates
commensurate with the economy’s long
run potential to increase production, so
as to promote effectively the goals of the
maximum employment, stable prices,
and moderate long-term interest rates.
See 12 U.S.C. 225a. In addition, under
section 12A of the FRA, the Federal
Reserve is required to implement
regulations relating to the open market
operations conducted by Federal
Reserve Banks with a view to
accommodating commerce and business
and with regard to the regulations’
bearing upon the general credit situation
of the country. See 12 U.S.C. 263. The
authority of the Federal Reserve to
collect economic data to carry out the
requirements of these provisions is
implicit. Accordingly, the Federal
Reserve is authorized to use the FR 3067
by sections 2A and 12A of the FRA.
Additionally, depending on the
survey respondent, the information
collection may be authorized under a
more specific statute. These statutes are:
• Expedited Funds Availability Act
§ 609 (12 U.S.C. 4008)
• Electronic Fund Transfer Act § 920
(15 U.S.C. 1693o–2)
• The Check Clearing for the 21st
Century Act § 15 (12 U.S.C. 5014)
• Federal Reserve Act § 11
(Examinations and reports, Supervision
VerDate Mar<15>2010
13:49 Jul 24, 2013
Jkt 229001
over Reserve Banks, and Federal
Reserve Note provisions, 12 U.S.C. 248);
§ 11A (Pricing of Services, 12 U.S.C.
248a); § 13 (FRB deposits and
collections, 12 U.S.C. 342); and § 16
(Issuance of Federal Reserve notes, par
clearance, and FRB clearinghouse, 12
U.S.C. 248–1, 360, and 411).
Under the appropriate authority, the
Federal Reserve may make submission
of survey information mandatory for
entities such as financial institutions or
payment card networks; submissions
would otherwise be voluntary.
The ability of the Federal Reserve to
maintain the confidentiality of
information provided by respondents to
the FR 3067 surveys will be determined
on a case-by-case basis depending on
the type of information provided for a
particular survey. For instance, in some
circumstance, no issue of confidentiality
will arise as the surveys may be
conducted by private firms under
contract with the Federal Reserve and
names or other directly identifying
information would not be provided to
the Federal Reserve. In circumstances
where identifying information is
provided to the Federal Reserve, such
information could possibly be protected
under the Freedom of Information Act
(FOIA), exemptions 4 and 6. Exemption
4 protects information from disclosure
of trade secrets and commercial or
financial information, while exemption
6 protects information ‘‘the disclosure of
which would constitute a clearly
unwarranted invasion of personal
privacy.’’ See 5 U.S.C. 552(b)(4) and (6).
If the survey is mandatory and is
undertaken as part of the supervisory
process, information could be protected
under FOIA exemption 8, which
protects information relating to the
examination reports. See 5 U.S.C.
552(b)(8).
Abstract: The bank operations and
payment systems functions of the
Federal Reserve have occasional need to
gather data on an ad-hoc basis from the
public on their payment habits,
economic condition, and financial
relationships, as well as their attitudes,
perceptions, and expectations. These
data may be particularly needed in
times of critical economic or regulatory
change or when issues of immediate
concern arise from Federal Reserve
System committee initiatives and
working groups or requests from the
Congress. The Federal Reserve would
use this event-driven survey to obtain
information specifically tailored to the
Federal Reserve’s supervisory,
regulatory, fiscal, and operational
responsibilities. The Federal Reserve
may conduct various versions of the
survey during the year and, as needed,
PO 00000
Frm 00032
Fmt 4703
Sfmt 9990
44953
survey respondents up to four times per
year. The frequency and content of the
questions will depend on changing
economic, regulatory, supervisory, or
legislative developments.
Current Action: On May 16, 2013, the
Federal Reserve published a notice in
the Federal Register (78 FR 28846)
seeking public comment for 60 days on
the implementation of the FR 3067. The
comment period for this notice expired
on July 15, 2013. The Federal Reserve
did not receive any comments. The
survey will be implemented as
proposed.
Board of Governors of the Federal Reserve
System, July 22, 2013.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2013–17873 Filed 7–24–13; 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
9, 2013.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Tad Wilson, and Arthur S. Parrish,
both of Spencer, Indiana; together as a
group acting in concert, to acquire
voting shares of Home Financial
Bancorp, and thereby indirectly acquire
voting shares of Our Community Bank,
both in Spencer, Indiana.
Board of Governors of the Federal Reserve
System, July 22, 2013.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2013–17901 Filed 7–24–13; 8:45 am]
BILLING CODE 6210–01–P
E:\FR\FM\25JYN1.SGM
25JYN1
]]>Agencies
[Federal Register Volume 78, Number 143 (Thursday, July 25, 2013)]
[Notices]
[Pages 44952-44953]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-17873]
=======================================================================
-----------------------------------------------------------------------
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
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--Office of the
Chief Data Officer, 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, with minor revision, of the following report:
Report title: Report of Selected Balance Sheet Items for Discount
Window Borrowers.
Agency form number: FR 2046.
OMB control number: 7100-0289.
Frequency: On occasion.
Reporters: Depository institutions.
Estimated annual reporting hours: Primary and Secondary Credit, 1
hour; Seasonal Credit, 228 hours.
Estimated average hours per response: Primary and Secondary Credit,
0.75 hours; Seasonal Credit, 0.25 hours.
Number of respondents: Primary and Secondary Credit, 1; Seasonal
Credit, 70.
General description of report: This information collection is
required to obtain a benefit pursuant to section 10B and 19(b)(7) of
the Federal Reserve Act (12 U.S.C. 347b and 461(b)(7)) and is given
confidential treatment (5 U.S.C. 552(b)(4)).
Abstract: The Federal Reserve's Regulation A, Extensions of Credit
by Federal Reserve Banks, requires that Reserve Banks review balance
sheet data in determining whether to extend credit and to help
ascertain whether undue use is made of such credit. Depository
institutions that borrow from the discount window report on the FR 2046
certain balance sheet data for a period
[[Page 44953]]
that encompasses the dates of borrowing.
Current Action: On May 16, 2013, the Federal Reserve published a
notice in the Federal Register (78 FR 28846) seeking public comment for
60 days on the extension, with minor revision, of the FR 2046. The
comment period for this notice expired on July 15, 2013. The Federal
Reserve did not receive any comments. The revision will be implemented
as proposed.
Final approval under OMB delegated authority of the implementation
of the following report:
Report title: Payments Research Survey.
Agency form number: FR 3067.
OMB control number: 7100-new.
Frequency: On occasion.
Reporters: Depository institutions; financial and nonfinancial
businesses and related entities; individual consumers; or households.
Estimated annual reporting hours: 60,000 hours.
Estimated average hours per response: 3 hours.
Number of respondents: 5,000.
General description of report: The Federal Reserve has determined
that this survey is generally authorized by sections 2A and 12A of the
Federal Reserve Act (FRA). Section 2A of the FRA requires that the
Federal Reserve maintain long run growth of the monetary and credit
aggregates commensurate with the economy's long run potential to
increase production, so as to promote effectively the goals of the
maximum employment, stable prices, and moderate long-term interest
rates. See 12 U.S.C. 225a. In addition, under section 12A of the FRA,
the Federal Reserve is required to implement regulations relating to
the open market operations conducted by Federal Reserve Banks with a
view to accommodating commerce and business and with regard to the
regulations' bearing upon the general credit situation of the country.
See 12 U.S.C. 263. The authority of the Federal Reserve to collect
economic data to carry out the requirements of these provisions is
implicit. Accordingly, the Federal Reserve is authorized to use the FR
3067 by sections 2A and 12A of the FRA.
Additionally, depending on the survey respondent, the information
collection may be authorized under a more specific statute. These
statutes are:
Expedited Funds Availability Act Sec. 609 (12 U.S.C.
4008)
Electronic Fund Transfer Act Sec. 920 (15 U.S.C. 1693o-2)
The Check Clearing for the 21st Century Act Sec. 15 (12
U.S.C. 5014)
Federal Reserve Act Sec. 11 (Examinations and reports,
Supervision over Reserve Banks, and Federal Reserve Note provisions, 12
U.S.C. 248); Sec. 11A (Pricing of Services, 12 U.S.C. 248a); Sec. 13
(FRB deposits and collections, 12 U.S.C. 342); and Sec. 16 (Issuance
of Federal Reserve notes, par clearance, and FRB clearinghouse, 12
U.S.C. 248-1, 360, and 411).
Under the appropriate authority, the Federal Reserve may make
submission of survey information mandatory for entities such as
financial institutions or payment card networks; submissions would
otherwise be voluntary.
The ability of the Federal Reserve to maintain the confidentiality
of information provided by respondents to the FR 3067 surveys will be
determined on a case-by-case basis depending on the type of information
provided for a particular survey. For instance, in some circumstance,
no issue of confidentiality will arise as the surveys may be conducted
by private firms under contract with the Federal Reserve and names or
other directly identifying information would not be provided to the
Federal Reserve. In circumstances where identifying information is
provided to the Federal Reserve, such information could possibly be
protected under the Freedom of Information Act (FOIA), exemptions 4 and
6. Exemption 4 protects information from disclosure of trade secrets
and commercial or financial information, while exemption 6 protects
information ``the disclosure of which would constitute a clearly
unwarranted invasion of personal privacy.'' See 5 U.S.C. 552(b)(4) and
(6). If the survey is mandatory and is undertaken as part of the
supervisory process, information could be protected under FOIA
exemption 8, which protects information relating to the examination
reports. See 5 U.S.C. 552(b)(8).
Abstract: The bank operations and payment systems functions of the
Federal Reserve have occasional need to gather data on an ad-hoc basis
from the public on their payment habits, economic condition, and
financial relationships, as well as their attitudes, perceptions, and
expectations. These data may be particularly needed in times of
critical economic or regulatory change or when issues of immediate
concern arise from Federal Reserve System committee initiatives and
working groups or requests from the Congress. The Federal Reserve would
use this event-driven survey to obtain information specifically
tailored to the Federal Reserve's supervisory, regulatory, fiscal, and
operational responsibilities. The Federal Reserve may conduct various
versions of the survey during the year and, as needed, survey
respondents up to four times per year. The frequency and content of the
questions will depend on changing economic, regulatory, supervisory, or
legislative developments.
Current Action: On May 16, 2013, the Federal Reserve published a
notice in the Federal Register (78 FR 28846) seeking public comment for
60 days on the implementation of the FR 3067. The comment period for
this notice expired on July 15, 2013. The Federal Reserve did not
receive any comments. The survey will be implemented as proposed.
Board of Governors of the Federal Reserve System, July 22, 2013.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2013-17873 Filed 7-24-13; 8:45 am]
BILLING CODE 6210-01-P
