Agency Information Collection Activities: Submission for OMB Review; Comment Request: Guidance on Sound Incentive Compensation Policies, 4467-4468 [2014-01569]

Download as PDF Federal Register / Vol. 79, No. 18 / Tuesday, January 28, 2014 / Notices ehiers on DSK2VPTVN1PROD with NOTICES (2) Evaluate the accuracy of the Commission’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) Minimize the burden of the collection of information on those who are to respond, including the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. Overview of Information Collection Collection Title: ElementarySecondary Staff Information Report (EEO–5). OMB-Number: 3046–0003. Frequency of Report: Biennial. Type of Respondent: Certain public elementary and secondary school districts. Description of Affected Public: Certain public elementary and secondary school districts. Number of Responses: 6,190. Estimated Burden Hours: 15,475. Cost to the Respondents: $0. Federal Cost: $190,000. Number of Forms: 1 Form Number: EEOC Form 168A. Abstract: Section 709 (c) of Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. 2000e–8(c), requires employers to make and keep such records relevant to the determinations of whether unlawful employment practices have been or are being committed, to preserve such records, and to produce such reports as the Commission prescribes by regulation or order. Accordingly, the EEOC issued regulations prescribing the reporting requirements for elementary and secondary public school districts. The EEOC uses EEO–5 data to investigate charges of employment discrimination against elementary and secondary public school districts. The data also are used for research. The data are shared with the Department of Education (Office for Civil Rights) and the Department of Justice. Pursuant to Section 709(d) of Title VII of the Civil Rights Act of 1964, as amended, EEO– 5 data also are shared with state and local Fair Employment Practices Agencies (FEPAs). Revisions to the form that amended the race and ethnicity categories were approved by OMB in 2012. The previously used categories (White, Black, Hispanic, Asian or Pacific Islander, and American Indian or Alaska Native) were replaced with the VerDate Mar<15>2010 18:16 Jan 27, 2014 Jkt 232001 4467 Dated: January 16, 2014. For the Commission. Jacqueline A. Berrien, Chair. 725 17th Street NW., Washington, DC 20038 Attn: OMB 3048–14–01. SUPPLEMENTARY INFORMATION: Titles and Form Number: EIB 14–01 Small Business Exporter Survey. OMB Number: 3048–XXXX. Type of Review: Regular. Need and Use: The information requested enables Ex-Im Bank to identify possible service improvements to the benefit of small business exporters. The number of respondents: 1,808. Estimated time per respondents: 10 minutes. The frequency of response: Annually. Annual hour burden: 301.3 total hours. [FR Doc. 2014–01593 Filed 1–27–14; 8:45 am] Government Expenses BILLING CODE 6570–01–P Reviewing time per response: 5 minutes. Responses per year: 1,808. Reviewing time per year: 150.7 hours. Average wages per hour: $42.50. Average cost per year: (time * wages) $6,403. Benefits and overhead: 20%. Total Government Cost: $7,684. following: Hispanic or Latino; White; Black or African American; Asian; Native Hawaiian or Other Pacific Islander; American Indian or Alaska Native; and Two or More Races. EEOC is seeking a three year extension without change of the form approved by OMB in 2012. Burden Statement: The estimated number of respondents included in the biennial EEO–5 survey is 6,190 public elementary and secondary school districts. The form is estimated to impose 15,475 burden hours biennially. EXPORT-IMPORT BANK [Public Notice 2014–3009] Agency Information Collection Activities: Comment Request Export-Import Bank of the United States. ACTION: Submission for OMB review and comments request. AGENCY: Alla Lake, Clearance Officer, Records Management Division. [FR Doc. 2014–01544 Filed 1–27–14; 8:45 am] Form Title: EIB 14–01 Small Business Exporter Survey. SUMMARY: The Export-Import Bank of the United States (Ex-Im Bank), as a part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal Agencies to comment on the proposed information collection, as required by the Paperwork Reduction Act of 1995. The small business exporter survey seeks to obtain feedback from customers on trade credit insurance policy purchases made in a Fiscal Year. This survey will help Ex-Im Bank better understand small business customers’ perspectives on the bank’s products, the level of service provided, and how ExIm Bank’s assistance impacts their small business. The objective is to identify possible service improvements and better understand small business owners’ experiences working with ExIm Bank. The survey can be reviewed at: https://www.surveymonkey.com/s/ SBCustomerSurvey Comments should be received on or before February 27, 2014. ADDRESSES: Comments may be submitted electronically on www.regulation.gov or by mail to Office of Information and Regulatory Affairs, DATES: PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 BILLING CODE 6690–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Comment Request: Guidance on Sound Incentive Compensation Policies Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: In accordance with the requirements of the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. chapter 35), the FDIC 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. As part of its continuing effort to reduce paperwork and respondent burden, the FDIC invites the general public and other Federal agencies to take this opportunity to comment on renewal of an existing information collection, as required by the PRA. On October 22, 2013 (78 FR 62632), the FDIC requested comment for 60 days on renewal of its information collection entitled SUMMARY: E:\FR\FM\28JAN1.SGM 28JAN1 4468 Federal Register / Vol. 79, No. 18 / Tuesday, January 28, 2014 / Notices Guidance on Sound Incentive Compensation Policies, which is currently approved under OMB Control No. 3064–0175. No comments were received on the proposal to renew. The FDIC hereby gives notice of submission to OMB of its request to renew the collection. Comments must be submitted on or before February 27, 2014. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods: • https://www.FDIC.gov/regulations/ laws/federal/notices.html • Email: comments@fdic.gov Include the name of the collection in the subject line of the message. • Mail: Leneta G. Gregorie (202–898– 3719), Counsel, Room NYA–5050, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. • Hand Delivery: Comments may be hand-delivered to the guard station at the rear of the 17th Street Building (located on F Street), on business days between 7 a.m. and 5 p.m. All comments should refer to the relevant OMB control number. A copy of the comments may also be submitted to the OMB desk officer for the FDIC: Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Leneta Gregorie, at the FDIC address above. DATES: ehiers on DSK2VPTVN1PROD with NOTICES SUPPLEMENTARY INFORMATION: Proposal To Renew the Following Currently Approved Collection of Information Title: Guidance on Sound Incentive Compensation Policies. OMB Number: 3064–0175. Frequency of Response: maintenance—annual. Affected Public: Insured state nonmember banks and state savings associations. Estimated Number of Respondents: 4346. Estimated Time per Response: maintenance—40 hours. Total Annual Burden: 173,840 hours. General Description of Collection: The Guidance on Sound Incentive Compensation Practices helps ensure that incentive compensation policies at insured state nonmember banks and state savings associations do not encourage excessive risk-taking and are consistent with the safety and soundness of the organization. Under the Guidance, banks are required to: (i) VerDate Mar<15>2010 14:45 Jan 27, 2014 Jkt 232001 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 operation of the organization’s incentive compensation system in providing risk-taking incentives that are consistent with the organization’s safety and soundness. MATTERS TO BE CONSIDERED: Audit Division Recommendation Memorandum on the Dallas County Republican Party (DCRP) (A11–14) Audit Division Recommendation Memorandum on the Republican Party of Iowa (RPIA) (A11–24) Management and Administrative Matters Individuals who plan to attend and require special assistance, such as sign language interpretation or other reasonable accommodations, should contact Shawn Woodhead Werth, Secretary and Clerk, at (202) 694–1040, at least 72 hours prior to the meeting date. 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. Proposed Agency Information Collection Activities; Comment Request CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. Shawn Woodhead Werth, Secretary and Clerk of the Commission. [FR Doc. 2014–01654 Filed 1–24–14; 11:15 am] BILLING CODE 6715–01–P FEDERAL RESERVE SYSTEM Board of Governors of the Federal Reserve System. SUMMARY: On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its approval authority under the Paperwork Reduction Act (PRA), pursuant to 5 CFR 1320.16, to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board under conditions set forth in 5 CFR 1320 Appendix A.1. Board-approved collections of information are incorporated into the official OMB Dated at Washington, DC, this 23rd day of inventory of currently approved January, 2014. collections of information. Copies of the Federal Deposit Insurance Corporation. Paperwork Reduction Act Submission, supporting statements and approved Robert E. Feldman, collection of information instruments Executive Secretary. are placed into OMB’s public docket [FR Doc. 2014–01569 Filed 1–27–14; 8:45 am] files. The Federal Reserve may not BILLING CODE 6714–01–P conduct or sponsor, and the respondent is not required to respond to, an information collection that has been FEDERAL ELECTION COMMISSION extended, revised, or implemented on or after October 1, 1995, unless it displays Sunshine Act Meetings a currently valid OMB control number. AGENCY: Federal Election Commission. DATES: Comments must be submitted on TIME AND DATE: Thursday, January 30, or before March 31, 2014. 2014 at 10:00 a.m. ADDRESSES: You may submit comments, PLACE: 999 E Street, NW., Washington, identified by FR 2225, FR 2226, FR DC (ninth floor). 3054a,b,c,d, FR Y–9C, FR Y–9LP, FR Y– STATUS: This meeting will be open to the 9SP, FR Y–9ES, or FR Y–9CS by any of public. the following methods: PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 AGENCY: E:\FR\FM\28JAN1.SGM 28JAN1

Agencies

FEDERAL DEPOSIT INSURANCE CORPORATION

[Federal Register Volume 79, Number 18 (Tuesday, January 28, 2014)]
[Notices]
[Pages 4467-4468]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01569]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request: Guidance on Sound Incentive Compensation 
Policies

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act (PRA) of 1995 (44 U.S.C. chapter 35), the FDIC 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. As part of its continuing 
effort to reduce paperwork and respondent burden, the FDIC invites the 
general public and other Federal agencies to take this opportunity to 
comment on renewal of an existing information collection, as required 
by the PRA. On October 22, 2013 (78 FR 62632), the FDIC requested 
comment for 60 days on renewal of its information collection entitled

[[Page 4468]]

Guidance on Sound Incentive Compensation Policies, which is currently 
approved under OMB Control No. 3064-0175. No comments were received on 
the proposal to renew. The FDIC hereby gives notice of submission to 
OMB of its request to renew the collection.

DATES: Comments must be submitted on or before February 27, 2014.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal/notices.html
     Email: comments@fdic.gov Include the name of the 
collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room 
NYA-5050, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7 a.m. and 5 p.m.
All comments should refer to the relevant OMB control number. A copy of 
the comments may also be submitted to the OMB desk officer for the 
FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Leneta Gregorie, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION:

Proposal To Renew the Following Currently Approved Collection of 
Information

    Title: Guidance on Sound Incentive Compensation Policies.
    OMB Number: 3064-0175.
    Frequency of Response: maintenance--annual.
    Affected Public: Insured state nonmember banks and state savings 
associations.
    Estimated Number of Respondents: 4346.
    Estimated Time per Response: maintenance--40 hours.
    Total Annual Burden: 173,840 hours.
    General Description of Collection:
    The Guidance on Sound Incentive Compensation Practices helps ensure 
that incentive compensation policies at insured state nonmember banks 
and state savings associations do not encourage excessive risk-taking 
and are consistent with the safety and soundness of the organization. 
Under the Guidance, banks 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 operation of the organization's 
incentive compensation system in providing risk-taking incentives that 
are consistent with the organization's safety and soundness.

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 23rd day of January, 2014.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2014-01569 Filed 1-27-14; 8:45 am]
BILLING CODE 6714-01-P

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