Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 59938-59939 [2013-23705]

Download as PDF 59938 Federal Register / Vol. 78, No. 189 / Monday, September 30, 2013 / Notices instructions have been updated to report counterparties within the same netting set as one consolidated entry as opposed to listing the individual counterparties within the netting set, which can decrease the level of granularity. Additionally to offset the increased reporting burden, the Federal Reserve will remove two worksheets that collect counterparty-level information, as initially proposed. One commenter requested that central counterparties (CCPs) be excluded from the supervisory data collection because they have multiple levels of risk mitigation. The Counterparty schedule collects counterparty data based on the size of the exposure and not the probability of loss, and the Federal Reserve will retain the requirement to report information for CCPs. Operational Risk Schedule One commenter stated that the proposed combination of Operational Risk worksheets on the Summary Schedule would require a level of granularity that would decrease the relevance of the data and requested that the Federal Reserve remove this collection as a requirement. The proposal involved simply combining two worksheets into one worksheet and the data required to be reported on the proposed combined worksheet is identical to the data required previously. The proposed worksheet maintains the flexibility for respondents to determine the appropriate level of granularity that fully captures projected operational risk losses. FR Y–14Q The majority of comments received regarding the FR Y–14Q requested clarification of item definitions and will be addressed in the final instructions. Some comments, however, suggested modification to data items and are addressed below. PPNR Schedule The Federal Reserve will modify the FR Y–14Q PPNR Schedule to reflect the changes made to the PPNR worksheets in the FR Y–14A Summary Schedule, as described above. tkelley on DSK3SPTVN1PROD with NOTICES Trading Schedule One commenter requested that the Index Tranches and Bespoke portion of Table B on the IDR—Corporate Credit worksheet be split into two portions, an Index Tranches portion and a Bespoke portion, to avoid index tranches from being commingled with bespoke tranches containing different underlying names. The Federal Reserve will split VerDate Mar<15>2010 18:45 Sep 27, 2013 Jkt 229001 the proposed portion into the two aforementioned portions. Wholesale Corporate Loan Schedule Several commenters noted the significant effort required to obtain the information for the proposed Special Purpose Entity Flag and recommended that the Federal Reserve delay implementation of the item. The Federal Reserve will delay implementation of the item until March 31, 2014. FR Y–14M Domestic Home Equity Loan and Home Equity Line Schedule One commenter noted that there is an inconsistency between the Domestic First Lien Closed-end 1–4 Family Residential Mortgage (First Lien) schedule and the Domestic Home Equity Loan and Home Equity Line (Home Equity) schedule regarding the Troubled Debt Restructuring (TDR) item. Specifically, the TDR item on the First Lien schedule applies to all loans, whereas the TDR item on the Home Equity schedule applies to only loans that have been modified. The Federal Reserve will update the TDR item on the Home Equity schedule to apply to all loans. SUPPLEMENTARY INFORMATION: Request for Comment on Information Collection Proposal Abstract: As mentioned above in the Current Actions section, the Federal Reserve has removed the requirement to submit or map to FICO scores in the schedules effective with data as of October 31, 2013. Beginning with the data as of October 31, 2013, for the FR Y–14M and December 31, 2013, for the FR Y–14Q, respondents would have the option to continue reporting credit score items as in prior submissions or to begin submitting other credit scores with sufficient supporting documentation describing the reported credit score. To collect additional information regarding the use of credit scores and to further refine a response to this comment that minimizes burden to respondents, the Federal Reserve is extending the comment period on credit score related items for an additional 60 days from publication of this Federal Register notice. The appropriate schedule changes related to credit score collection would be effective for the March 31, 2014, as of date. For the extended comment period, the Federal Reserve is requesting comment and feedback regarding the following topics (1) the types of credit scores generally used by BHCs in the lines of business reported on the FR Y–14M and PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 Retail FR Y–14Q schedules, (2) whether the industry generally uses internallygenerated or externally-acquired credit scores, (3) issues to consider when validating the usefulness of a credit score (for example, Regulation Z considerations), (4) any industry standards with respect to credit scores, (5) mapping across industry-standard credit scores, (6) other ways credit scores can be made comparable across different scores, and (7) other composite measures, besides credit scores, that can be used to measure borrower credit worthiness. All comments will become a matter of public record. Written comments should address the accuracy of the burden estimates and ways to minimize burden including the use of automated collection techniques or the use of other forms of information technology as well as other relevant aspects of the information collection request. Board of Governors of the Federal Reserve System, September 24, 2013. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2013–23694 Filed 9–27–13; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. E:\FR\FM\30SEN1.SGM 30SEN1 Federal Register / Vol. 78, No. 189 / Monday, September 30, 2013 / Notices Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than October 25, 2013. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. MB Financial, Inc., Chicago, Illinois; to merge with Taylor Capital Group, Inc., Rosemont, Illinois, and thereby indirectly acquire Cole Taylor Bank, Chicago, Illinois. Board of Governors of the Federal Reserve System, September 25, 2013. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2013–23705 Filed 9–27–13; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Meeting of the Community Preventive Services Task Force (Task Force) Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS). ACTION: Notice of meeting; correction. AGENCY: The Centers for Disease Control and Prevention (CDC) published a document in the Federal Register of September 17, 2013, announcing the next meeting of the Community Preventive Services Task Force (Task Force). The document did not contain the registration information. SUMMARY: Correction In the Federal Register of September 17, 2013, in FR Doc. 2013–22581, on page 57161, in the third column, correct the FOR FURTHER INFORMATION CONTACT caption to read: tkelley on DSK3SPTVN1PROD with NOTICES FOR FURTHER INFORMATION AND TO RSVP CONTACT: Andrea Baeder, The Community Guide Branch, Division of Epidemiology, Analysis, and Library Services (proposed), Center for Surveillance, Epidemiology and Laboratory Services (proposed), Office of Public Health Scientific Services (proposed), Centers for Disease Control and Prevention, 1600 Clifton Road, MS–E–69, Atlanta, GA 30333, phone: (404) 498–498–6876, email: CPSTF@ cdc.gov. In the Federal Register of September 17, 2013, in FR Doc. 2013–22581, on page 57161, in the third column, and on page 57162, in the first column, correct VerDate Mar<15>2010 18:06 Sep 27, 2013 Jkt 229001 the SUPPLEMENTARY INFORMATION caption to read: SUPPLEMENTARY INFORMATION: Purpose: The purpose of the meeting is for the Task Force to consider the findings of systematic reviews and issue findings and recommendations to help inform decision making about policy, practice, and research in a wide range of U.S. settings. Matters to be discussed: Cancer prevention and control, cardiovascular disease prevention and control, diabetes prevention and control, motor vehiclerelated injury prevention, and promoting physical activity. Meeting Accessibility: This meeting is open to the public, limited only by space availability. All meeting attendees must RSVP to ensure the required security procedures are completed to gain access to the CDC’s Global Communications Center. U.S. citizens must RSVP by 10/9/ 2013. Non U.S. citizens must RSVP by 10/ 2/2013 due to additional security steps that must be completed. Failure to RSVP by the dates identified could result in an inability to attend the Task Force meeting due to the strict security regulations on federal facilities. Roybal Campus Security Guidelines The Edward R. Roybal Campus is the headquarters of the U.S. Centers for Disease Control and Prevention and is located at 1600 Clifton Road, NE., Atlanta, Georgia. The meeting is being held in a Federal government building; therefore, Federal security measures are applicable. All meeting attendees must RSVP by the dates outlined under MEETING ACCESSIBILITY. In planning your arrival time, please take into account the need to park and clear security. All visitors must enter the Roybal Campus through the entrance on Clifton Road; the guard force will direct visitors to the designated parking area. Upon arrival at the facility, visitors must present government issued photo identification (e.g., a valid federal identification badge, state driver’s license, state nondriver’s identification card, or passport). Non-United States citizens must complete the required security paperwork prior to the meeting date and must present a valid passport, visa, Permanent Resident Card, or other type of work authorization document upon arrival at the facility. All persons entering the building must pass through a metal detector. Visitors will be issued a visitor’s ID badge at the entrance to Building 19 and will be escorted in groups of 5–10 persons to the meeting PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 59939 room. All items brought to HHS/CDC are subject to inspection. Dated: September 24, 2013. Tanja Popovic, Deputy Associate Director for Science, Centers for Disease Control and Prevention. [FR Doc. 2013–23730 Filed 9–27–13; 8:45 am] BILLING CODE 4163–18–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Announcement of Requirements and Registration for Respirator TrustedSource Mobile Application Challenge Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS). AGENCY: ACTION: Notice. Award Approving Official: Thomas R. Frieden, MD, MPH, Director, Centers for Disease Control and Prevention, and Administrator, Agency for Toxic Substances and Disease Registry. SUMMARY: The Centers for Disease Control and Prevention (CDC), National Institute for Occupational Safety and Health (NIOSH) located within the Department of Health and Human Services (HHS) is challenging teams of developers to design a mobile application (app) that will be used by the public to query the NIOSH trusted source site https://knowits.niosh.gov for specific criteria and display all relevant information on the Web page in an easy to view format on a mobile device. The NIOSH Trusted-Source Web page is the one-stop resource to get reliable respirator information. The goal is to create a mobile app that can run on multiple platforms, such as Apple iOS, Windows and Android, and that makes the Respirator Trusted-Source content selectable and easy-to-use, reaching users with portable technology. The contest will be launched on September 30, 2013. Other important contest-related dates: • Challenge Submission Period: September 30, 2013 through December 23, 2013 • Judging Process for Entries: December 23–January 6, 2014 • Winners Notified: Week of January 13, 2014 DATES: John Sporrer, phone (412)–386–6435 or email jsporrer@cdc.gov. FOR FURTHER INFORMATION CONTACT: SUPPLEMENTARY INFORMATION: E:\FR\FM\30SEN1.SGM 30SEN1

Agencies

[Federal Register Volume 78, Number 189 (Monday, September 30, 2013)]
[Notices]
[Pages 59938-59939]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23705]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The applications will also be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States.

[[Page 59939]]

    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than October 25, 2013.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. MB Financial, Inc., Chicago, Illinois; to merge with Taylor 
Capital Group, Inc., Rosemont, Illinois, and thereby indirectly acquire 
Cole Taylor Bank, Chicago, Illinois.

    Board of Governors of the Federal Reserve System, September 25, 
2013.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2013-23705 Filed 9-27-13; 8:45 am]
BILLING CODE 6210-01-P
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