Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Guidance on Sound Incentive Compensation Practices, 59095-59096 [2013-23281]
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Federal Register / Vol. 78, No. 186 / Wednesday, September 25, 2013 / Notices
59095
TABLE B—EP 290 (SUB-NO. 5) (2013–4)—COMPARISON OF SECOND QUARTER 2013 INDEX CALCULATED ON BOTH A
FORECASTED AND AN ACTUAL BASIS—Continued
Line No.
Index
component
2011
Weight
(percent)
2 .............
3 .............
4 .............
5 .............
6 .............
7 .............
8 .............
9 .............
10 ...........
FUEL .......................................................................................................................
MATERIALS AND SUPPLIES ................................................................................
EQUIPMENT RENTS ..............................................................................................
DEPRECIATION .....................................................................................................
INTEREST ...............................................................................................................
OTHER ITEMS ........................................................................................................
WEIGHTED AVERAGE ..........................................................................................
LINKED INDEX .......................................................................................................
RAIL COST ADJUSTMENT FACTOR ....................................................................
22.5
5.1
5.6
11.6
2.5
21.4
100.0
........................
........................
i ‘‘Other Items’’ is a combination of
Purchased Services, Casualties and
Insurance, General and Administrative, Other
iii The first quarter 2013 RCAF was rebased
using the October 1, 2012 level of 297.5 in
accordance with the requirements of the
Staggers Rail Act of 1980 (10/1/2012 = 100).
iv The fourth quarter 2013 forecast error
adjustment was calculated as follows: (a)
Second quarter 2013 RCAF using forecasted
data equals 100.3; (b) second quarter 2013
RCAF using actual data equals 97.8; (c) the
difference equals the forecast error (b ¥ a) of
¥2.5. Because the actual second quarter
value is less than the forecast value, the
difference is subtracted from the Preliminary
RCAF.
[FR Doc. 2013–23338 Filed 9–24–13; 8:45 a.m.]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
mstockstill on DSK4VPTVN1PROD with NOTICES
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Guidance on Sound Incentive
Compensation Practices
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
SUMMARY:
VerDate Mar<15>2010
17:20 Sep 24, 2013
Jkt 229001
404.3
261.0
206.9
219.6
92.9
220.2
311.3
298.5
100.3
Second
quarter
2013
actual
373.1
261.0
207.0
218.8
92.9
219.4
304.0
290.9
97.8
Taxes, Loss and Damage, and Special
Charges, price changes for all of which are
measured by the Producer Price Index for
Industrial Commodities Less Fuel and
Related Products and Power.
ii Linking is necessitated by a change to the
2012 weights beginning in the fourth quarter
of 2013. The following formula was used for
the current quarter’s index:
and respondent burden, invites the
general public and other Federal
agencies to comment on the renewal of
an information collection, as required
by the Paperwork Reduction Act of 1995
(PRA). An agency may not conduct or
sponsor, and a respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning renewal
of an information collection titled,
‘‘Guidance on Sound Incentive
Compensation Practices.’’ The OCC is
also giving notice that it has sent the
collection to OMB for review.
DATES: Written comments should be
submitted by October 25, 2013.
ADDRESSES: Because paper mail in the
Washington, DC area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
email if possible. Comments may be
sent to: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–0245, 400 7th Street SW., Suite
3E–218, Mail Stop 9W–11, Washington,
DC 20219. In addition, comments may
be sent by fax to (571) 465–4326 or by
electronic mail to
regs.comments@occ.treas.gov. You may
personally inspect and photocopy
comments at the OCC, 400 7th Street
SW., Washington, DC 20219. For
security reasons, the OCC requires that
visitors make an appointment to inspect
comments. You may do so by calling
(202) 649–6700. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and to submit to security screening in
order to inspect and photocopy
comments.
All comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
enclose any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0245, U.S. Office of
Management and Budget, 725 17th
Street NW., #10235, Washington, DC
20503, or by email to: oira
submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: You
can request additional information or a
copy of the collection from Johnny
Vilela or Mary H. Gottlieb, OCC
Clearance Officers, (202) 649–5490,
Legislative and Regulatory Activities
PO 00000
Frm 00105
Fmt 4703
Sfmt 4703
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25SEN1
EN25SE13.001</GPH>
Endnotes:
Second
quarter
2013
forecast
mstockstill on DSK4VPTVN1PROD with NOTICES
59096
Federal Register / Vol. 78, No. 186 / Wednesday, September 25, 2013 / Notices
Division, Office of the Comptroller of
the Currency, 400 7th Street SW.,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: The OCC
is requesting renewal, without change of
the following collection:
Title: Guidance on Sound Incentive
Compensation Policies.
OMB Number: 1557–0245.
Abstract: Under the guidance,
national banks and Federal savings
associations are required to: (i) Have
policies and procedures that identify
and describe the role(s) of the personnel
and units authorized to be involved in
incentive compensation arrangements,
identify the source of significant riskrelated inputs, establish appropriate
controls governing these inputs to help
ensure their integrity, and identify the
individual(s) and unit(s) whose
approval is necessary for the
establishment or modification of
incentive compensation arrangements;
(ii) create and maintain sufficient
documentation to permit an audit of the
organization’s processes for incentive
compensation arrangements; (iii) have
any material exceptions or adjustments
to the incentive compensation
arrangements established for senior
executives approved and documented
by its board of directors; and (iv) have
its board of directors receive and
review, on an annual or more frequent
basis, an assessment by management of
the effectiveness of the design and
operation of the organization’s incentive
compensation system in providing risktaking incentives that are consistent
with the organization’s safety and
soundness.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
1,033 large banks; 1,991 small banks.
Estimated Burden per Respondent:
520 hours for large banks; 52 hours for
small banks.
Frequency of Response: Annually.
Total Annual Burden: 640,692 hours.
The OCC issued a notice for 60 days
of comment on July 19, 2013 (78 FR
43276). No comments were received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCCs estimate
of the information collection burden;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
VerDate Mar<15>2010
17:20 Sep 24, 2013
Jkt 229001
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
Dated: September 19, 2013.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. 2013–23281 Filed 9–24–13; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Comment Request;
Assessments
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA).
Under the PRA, Federal agencies are
required to publish notice in the
Federal Register concerning each
proposed collection of information,
including each proposed extension of an
existing collection of information and to
allow 60 days for public comment in
response to the notice.
In accordance with the requirements
of the PRA, the OCC may not conduct
or sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number.
The OCC is soliciting comment
concerning the renewal of its
information collection titled,
‘‘Assessment of Fees—12 CFR 8.’’
DATES: You should submit written
comments by November 25, 2013.
ADDRESSES: Because paper mail in the
Washington, DC area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
email if possible. Comments may be
sent to: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–0223, 400 7th Street SW., Suite
3E–218, Mail Stop 9W–11, Washington,
DC 20219. In addition, comments may
SUMMARY:
PO 00000
Frm 00106
Fmt 4703
Sfmt 4703
be sent by fax to (571) 465–4326 or by
electronic mail to
regs.comments@occ.treas.gov. You may
personally inspect and photocopy
comments at the OCC, 400 7th Street
SW., Washington, DC 20219. For
security reasons, the OCC requires that
visitors make an appointment to inspect
comments. You may do so by calling
(202) 649–6700. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and to submit to security screening in
order to inspect and photocopy
comments.
All comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
enclose any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
FOR FURTHER INFORMATION CONTACT: You
can request additional information of
the collection from Johnny Vilela or
Mary H. Gottlieb, OCC Clearance
Officers, (202) 649–5490, Legislative
and Regulatory Activities Division,
Office of the Comptroller of the
Currency, 400 7th Street SW.,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501–3520), Federal
agencies must obtain approval from the
OMB for each collection of information
they conduct or sponsor. ‘‘Collection of
information’’ is defined in 44 U.S.C.
3502(3) and 5 CFR 1320.3(c) to include
agency requests or requirements that
members of the public submit reports,
keep records, or provide information to
a third party. Section 3506(c)(2)(A) of
the PRA (44 U.S.C. 3506(c)(2)(A))
requires Federal agencies to provide a
60-day notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of an existing collection of
information, before submitting the
collection to OMB for approval. To
comply with this requirement, the OCC
is publishing notice of the proposed
collection of information set forth in
this document.
The OCC is proposing to extend OMB
approval of the following information
collection:
Title: Assessment of Fees—12 CFR 8.
OMB Control No.: 1557–0223.
Affected Public: Business or other forprofit.
Type of Review: Regular review.
Abstract: The OCC is requesting
comment on its proposed extension,
without change, of the information
collection titled, ‘‘Assessment of Fees—
12 CFR 8.’’ The OCC is authorized to
E:\FR\FM\25SEN1.SGM
25SEN1
]]>Agencies
[Federal Register Volume 78, Number 186 (Wednesday, September 25, 2013)]
[Notices]
[Pages 59095-59096]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23281]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Guidance on Sound Incentive
Compensation Practices
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to comment on the renewal of an information collection, as
required by the Paperwork Reduction Act of 1995 (PRA). An agency may
not conduct or sponsor, and a respondent is not required to respond to,
an information collection unless it displays a currently valid Office
of Management and Budget (OMB) control number. The OCC is soliciting
comment concerning renewal of an information collection titled,
``Guidance on Sound Incentive Compensation Practices.'' The OCC is also
giving notice that it has sent the collection to OMB for review.
DATES: Written comments should be submitted by October 25, 2013.
ADDRESSES: Because paper mail in the Washington, DC area and at the OCC
is subject to delay, commenters are encouraged to submit comments by
email if possible. Comments may be sent to: Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency,
Attention: 1557-0245, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-
11, Washington, DC 20219. In addition, comments may be sent by fax to
(571) 465-4326 or by electronic mail to regs.comments@occ.treas.gov.
You may personally inspect and photocopy comments at the OCC, 400 7th
Street SW., Washington, DC 20219. For security reasons, the OCC
requires that visitors make an appointment to inspect comments. You may
do so by calling (202) 649-6700. Upon arrival, visitors will be
required to present valid government-issued photo identification and to
submit to security screening in order to inspect and photocopy
comments.
All comments received, including attachments and other supporting
materials, are part of the public record and subject to public
disclosure. Do not enclose any information in your comment or
supporting materials that you consider confidential or inappropriate
for public disclosure.
Additionally, please send a copy of your comments by mail to: OCC
Desk Officer, 1557-0245, U.S. Office of Management and Budget, 725 17th
Street NW., 10235, Washington, DC 20503, or by email to: oira
submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: You can request additional information
or a copy of the collection from Johnny Vilela or Mary H. Gottlieb, OCC
Clearance Officers, (202) 649-5490, Legislative and Regulatory
Activities
[[Page 59096]]
Division, Office of the Comptroller of the Currency, 400 7th Street
SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: The OCC is requesting renewal, without
change of the following collection:
Title: Guidance on Sound Incentive Compensation Policies.
OMB Number: 1557-0245.
Abstract: Under the guidance, national banks and Federal savings
associations are required to: (i) Have policies and procedures that
identify and describe the role(s) of the personnel and units authorized
to be involved in incentive compensation arrangements, identify the
source of significant risk-related inputs, establish appropriate
controls governing these inputs to help ensure their integrity, and
identify the individual(s) and unit(s) whose approval is necessary for
the establishment or modification of incentive compensation
arrangements; (ii) create and maintain sufficient documentation to
permit an audit of the organization's processes for incentive
compensation arrangements; (iii) have any material exceptions or
adjustments to the incentive compensation arrangements established for
senior executives approved and documented by its board of directors;
and (iv) have its board of directors receive and review, on an annual
or more frequent basis, an assessment by management of the
effectiveness of the design and operation of the organization's
incentive compensation system in providing risk-taking incentives that
are consistent with the organization's safety and soundness.
Type of Review: Regular.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 1,033 large banks; 1,991 small
banks.
Estimated Burden per Respondent: 520 hours for large banks; 52
hours for small banks.
Frequency of Response: Annually.
Total Annual Burden: 640,692 hours.
The OCC issued a notice for 60 days of comment on July 19, 2013 (78
FR 43276). No comments were received. Comments continue to be invited
on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCCs estimate of the information collection
burden;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: September 19, 2013.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 2013-23281 Filed 9-24-13; 8:45 am]
BILLING CODE 4810-33-P
