Agency Information Collection Activities: Submission to OMB for Reinstatement of a Previously Approved Information Collection; Comment Request, 53168 [2013-20948]
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53168
Federal Register / Vol. 78, No. 167 / Wednesday, August 28, 2013 / Notices
Type of Review: Reinstatement,
without change, of a previously
approved collection.
Description: Section 741.11 contains a
provision that any insured credit union
must apply for and receive approval
from the NCUA Regional Director before
establishing a credit union branch
outside the United States unless the
foreign branch is located on a United
States military institution or embassy
outside the United States. The
application must include (1) A business
plan, (2) written approval by the state
supervisory agency if the applicant is a
state-chartered credit union, and (3)
documentation evidencing written
permission from the host country to
establish the branch that explicitly
recognizes NCUA’s authority to examine
and take any enforcement actions, to
include conservatorship and liquidation
actions.
Estimated No. of Respondents/
Recordkeepers: 3.
Estimated Burden Hours per
Response: 16 hours.
Frequency of Response: Reporting and
other (one time only).
Estimated Total Annual Burden
Hours: 48.
Estimated Total Annual Cost: $1,488.
By the National Credit Union
Administration Board on August 22, 2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013–20936 Filed 8–27–13; 8:45 am]
BILLING CODE 7535–01–P
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.
This information collection is published
to obtain comments from the public.
DATES: Comments will be accepted until
September 27, 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
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SUMMARY:
VerDate Mar<15>2010
15:21 Aug 27, 2013
Jkt 229001
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 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.
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.
PO 00000
Frm 00042
Fmt 4703
Sfmt 4703
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 Number 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 August 22, 2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013–20948 Filed 8–27–13; 8:45 am]
BILLING CODE 7535–01–P
NATIONAL CREDIT UNION
ADMINISTRATION
Agency Information Collection
Activities: Submission to OMB for
Reinstatement, Without 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.
This information collection relates to
NCUA rules and regulations, which
require 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
SUMMARY:
E:\FR\FM\28AUN1.SGM
28AUN1
]]>Agencies
[Federal Register Volume 78, Number 167 (Wednesday, August 28, 2013)]
[Notices]
[Page 53168]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-20948]
-----------------------------------------------------------------------
NATIONAL CREDIT UNION ADMINISTRATION
Agency Information Collection Activities: Submission to OMB for
Reinstatement of a Previously Approved Information 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. This information
collection is published to obtain comments from the public.
DATES: Comments will be accepted until September 27, 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 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.
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 Number 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 August 22,
2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013-20948 Filed 8-27-13; 8:45 am]
BILLING CODE 7535-01-P
