Agency Information Collection Activities: Information Collection Renewal; Comment Request; Assessments, 59096-59097 [2013-23282]
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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
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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:
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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
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mstockstill on DSK4VPTVN1PROD with NOTICES
Federal Register / Vol. 78, No. 186 / Wednesday, September 25, 2013 / Notices
collect assessments, fees, and other
charges as necessary or appropriate to
carry out the responsibilities of the OCC
by the National Bank Act (for national
banks) and the Home Owners Loan Act
(for Federal savings associations). The
OCC requires independent credit card
banks and independent credit card
Federal savings associations to pay an
additional assessment based on
receivables attributable to accounts
owned by the bank or Federal savings
association. Independent credit card
banks and independent credit card
Federal savings associations are national
banks or Federal savings associations
that primarily engage in credit card
operations and are not affiliated with a
full service national bank or Federal
savings association. The OCC will
require independent credit card banks
and independent credit card Federal
savings associations to provide the OCC
with ‘‘receivables attributable’’ data.
‘‘Receivables attributable’’ refers to the
total amount of outstanding balances
due on credit card accounts owned by
an independent credit card bank (the
receivables attributable to those
accounts) on the last day of an
assessment period, minus receivables
retained on the bank or Federal savings
association’s balance sheet as of that
day. The OCC will use the information
to verify the accuracy of each bank and
Federal savings association’s assessment
computation and to adjust the
assessment rate for independent credit
card banks and independent credit card
Federal savings associations over time.
Estimated Number of Respondents: 9.
Estimated Number of Responses: 18.
Frequency of Response:
Semiannually.
Estimated Time per Response: 1 hour.
Estimated Total Annual Burden: 18
hours.
Comments submitted in response to
this notice will be summarized and
included in the request for OMB
approval. All comments will become a
matter of public record. Comments are
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 OCC’s
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
VerDate Mar<15>2010
17:20 Sep 24, 2013
Jkt 229001
(e) Estimates of capital or start-up
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. 2013–23282 Filed 9–24–13; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Designation of Two Individuals
Pursuant to Executive Order 13224 of
September 23, 2001, ‘‘Blocking
Property and Prohibiting Transactions
With Persons Who Commit, Threaten
To Commit, or Support Terrorism’’
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
AGENCY:
The Treasury Department’s
Office of Foreign Assets Control
(‘‘OFAC’’) is publishing the names of
two individuals whose property and
interests in property are blocked
pursuant to Executive Order 13224 of
September 23, 2001, ‘‘Blocking Property
and Prohibiting Transactions With
Persons Who Commit, Threaten To
Commit, or Support Terrorism.’’
DATES: The designations by the Director
of OFAC of the two individuals in this
notice, pursuant to Executive Order
13224, are effective on September 18,
2013.
FOR FURTHER INFORMATION CONTACT:
Assistant Director, Compliance
Outreach & Implementation, Office of
Foreign Assets Control, Department of
the Treasury, Washington, DC 20220,
tel.: 202/622–2490.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Electronic and Facsimile Availability
This document and additional
information concerning OFAC are
available from OFAC’s Web site
(www.treas.gov/ofac) or via facsimile
through a 24-hour fax-on-demand
service, tel.: 202/622–0077.
Background
On September 23, 2001, the President
issued Executive Order 13224 (the
‘‘Order’’) pursuant to the International
Emergency Economic Powers Act, 50
U.S.C. 1701–1706, and the United
Nations Participation Act of 1945, 22
U.S.C. 287c. In the Order, the President
declared a national emergency to
address grave acts of terrorism and
threats of terrorism committed by
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59097
foreign terrorists, including the
September 11, 2001 terrorist attacks in
New York, Pennsylvania, and at the
Pentagon. The Order imposes economic
sanctions on persons who have
committed, pose a significant risk of
committing, or support acts of terrorism.
The President identified in the Annex to
the Order, as amended by Executive
Order 13268 of July 2, 2002, 13
individuals and 16 entities as subject to
the economic sanctions. The Order was
further amended by Executive Order
13284 of January 23, 2003, to reflect the
creation of the Department of Homeland
Security.
Section 1 of the Order blocks, with
certain exceptions, all property and
interests in property that are in or
hereafter come within the United States
or the possession or control of United
States persons, of: (1) Foreign persons
listed in the Annex to the Order; (2)
foreign persons determined by the
Secretary of State, in consultation with
the Secretary of the Treasury, the
Secretary of the Department of
Homeland Security and the Attorney
General, to have committed, or to pose
a significant risk of committing, acts of
terrorism that threaten the security of
U.S. nationals or the national security,
foreign policy, or economy of the United
States; (3) persons determined by the
Director of OFAC, in consultation with
the Departments of State, Homeland
Security and Justice, to be owned or
controlled by, or to act for or on behalf
of those persons listed in the Annex to
the Order or those persons determined
to be subject to subsection 1(b), 1(c), or
1(d)(i) of the Order; and (4) except as
provided in section 5 of the Order and
after such consultation, if any, with
foreign authorities as the Secretary of
State, in consultation with the Secretary
of the Treasury, the Secretary of the
Department of Homeland Security and
the Attorney General, deems
appropriate in the exercise of his
discretion, persons determined by the
Director of OFAC, in consultation with
the Departments of State, Homeland
Security and Justice, to assist in,
sponsor, or provide financial, material,
or technological support for, or financial
or other services to or in support of,
such acts of terrorism or those persons
listed in the Annex to the Order or
determined to be subject to the Order or
to be otherwise associated with those
persons listed in the Annex to the Order
or those persons determined to be
subject to subsection 1(b), 1(c), or 1(d)(i)
of the Order.
On September 18, 2013, the Director
of OFAC, in consultation with the
Departments of State, Homeland
Security, Justice and other relevant
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]]>Agencies
[Federal Register Volume 78, Number 186 (Wednesday, September 25, 2013)]
[Notices]
[Pages 59096-59097]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23282]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Comment Request; Assessments
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 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 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 for-profit.
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
[[Page 59097]]
collect assessments, fees, and other charges as necessary or
appropriate to carry out the responsibilities of the OCC by the
National Bank Act (for national banks) and the Home Owners Loan Act
(for Federal savings associations). The OCC requires independent credit
card banks and independent credit card Federal savings associations to
pay an additional assessment based on receivables attributable to
accounts owned by the bank or Federal savings association. Independent
credit card banks and independent credit card Federal savings
associations are national banks or Federal savings associations that
primarily engage in credit card operations and are not affiliated with
a full service national bank or Federal savings association. The OCC
will require independent credit card banks and independent credit card
Federal savings associations to provide the OCC with ``receivables
attributable'' data. ``Receivables attributable'' refers to the total
amount of outstanding balances due on credit card accounts owned by an
independent credit card bank (the receivables attributable to those
accounts) on the last day of an assessment period, minus receivables
retained on the bank or Federal savings association's balance sheet as
of that day. The OCC will use the information to verify the accuracy of
each bank and Federal savings association's assessment computation and
to adjust the assessment rate for independent credit card banks and
independent credit card Federal savings associations over time.
Estimated Number of Respondents: 9.
Estimated Number of Responses: 18.
Frequency of Response: Semiannually.
Estimated Time per Response: 1 hour.
Estimated Total Annual Burden: 18 hours.
Comments submitted in response to this notice will be summarized
and included in the request for OMB approval. All comments will become
a matter of public record. Comments are 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 OCC's 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 start-up 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. 2013-23282 Filed 9-24-13; 8:45 am]
BILLING CODE 4810-33-P
