Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 21243-21246 [2014-08528]

Download as PDF Federal Register / Vol. 79, No. 72 / Tuesday, April 15, 2014 / Notices Nature and Extend of Confidentiality: There is no need for confidentiality with this collection of information. Privacy Impact Assessment(s): No impact(s). Needs and Uses: FCC Form 395–B, the ‘‘Broadcast Station Annual Employment Report,’’ is a data collection device used by the Commission to assess industry employment trends and provide reports to Congress. By the form, broadcast licensees and permittees identify employees by gender and race/ethnicity in ten specified major job categories in the form. Federal Communications Commission. Marlene H. Dortch, Secretary, Office of the Secretary, Office of Managing Director. [FR Doc. 2014–08471 Filed 4–14–14; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION mstockstill on DSK4VPTVN1PROD with NOTICES Agency Information Collection Activities: Submission for OMB Review; Comment Request Re: Interagency Notice of Change in Control the FDIC by any of the following methods: • http://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 7:00 a.m. and 5:00 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. A copy of the form can be accessed through the following link: http://www.fdic.gov/ formsdocuments/interag2.pdf. FOR FURTHER INFORMATION CONTACT: Leneta Gregorie, at the FDIC address above. SUPPLEMENTARY INFORMATION: Proposal to renew the following currently approved collections of AGENCY: Federal Deposit Insurance information: Corporation (FDIC). Title: Interagency Notice of Change in ACTION: Notice and request for comment. Control. OMB Number: 3064–0019. SUMMARY: In accordance with the Frequency of Response: On occasion. requirements of the Paperwork Affected Public: Insured state Reduction Act (PRA) of 1995 (44 U.S.C. nonmember banks and state savings chapter 35), the FDIC may not conduct associations. or sponsor, and the respondent is not Estimated Number of Respondents: required to respond to, an information 25. collection unless it displays a currently Estimated Time per Response: 30 valid Office of Management and Budget hours. (OMB) control number. As part of its Total Estimated Annual Burden: 750 continuing effort to reduce paperwork hours. and respondent burden, the FDIC General Description of Collection: The invites the general public and other Interagency Notice of Change in Control Federal agencies to take this is submitted by any person proposing to opportunity to comment on renewal of acquire ownership control of an insured an existing information collection as state nonmember bank. The information required by PRA. On February 5, 2014 is used by the FDIC to determine (79 FR 6903), the FDIC requested whether the competence, experience, or comment for 60 days on renewal of its integrity of any acquiring person information collection entitled indicates it would not be in the interest Interagency Notice of Change in Control, of the depositors of the bank, or in the which is currently approved under public interest, to permit such persons OMB Control No. 3064–0019. No to control the bank. comments were received on the proposal to renew. The FDIC hereby Request for Comment gives notice of submission to OMB of its Comments are invited on: (a) Whether request to renew the collection. the collection of information is DATES: Comments must be submitted on necessary for the proper performance of or before May 15, 2014. the FDIC’s functions, including whether the information has practical utility; (b) ADDRESSES: Interested parties are the accuracy of the estimates of the invited to submit written comments to VerDate Mar<15>2010 18:06 Apr 14, 2014 Jkt 232001 PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 21243 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 10th day of April, 2014. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2014–08491 Filed 4–14–14; 8:45 am] BILLING CODE 6714–01–P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Board of Governors of the Federal Reserve System. SUMMARY: Notice is hereby given of the final approval of proposed information collections by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority, as per 5 CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the Public). Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Cynthia Ayouch—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202) 452–3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263– 4869, Board of Governors of the Federal Reserve System, Washington, DC 20551. OMB Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, AGENCY: E:\FR\FM\15APN1.SGM 15APN1 mstockstill on DSK4VPTVN1PROD with NOTICES 21244 Federal Register / Vol. 79, No. 72 / Tuesday, April 15, 2014 / Notices 725 17th Street NW.,Washington, DC 20503. Final approval under OMB delegated authority of the extension for three years, with revision, of the following reports: 1. Report title: Consolidated Financial Statements for Holding Companies. Agency form number: FR Y–9C. OMB control number: 7100–0128. Frequency: Quarterly. Reporters: Holding companies (HCs). Estimated annual reporting hours: FR Y–9C (non Advanced Approaches HCs): 220,366 hours; FR Y–9C (Advanced Approaches Bank Holding Companies (BHCs)): 2,404 hours. Estimated average hours per response: FR Y–9C (non Advanced Approaches HCs): 48.84 hours; FR Y–9C (Advanced Approaches BHCs): 50.09 hours. Number of respondents: FR Y–9C (non Advanced Approaches HCs): 1,128; FR Y–9C (Advanced Approaches BHCs): 12. General description of report: This information collection is authorized pursuant by Section 5(c) of the Bank Holding Company Act [12 U.S.C. 1844(c)]. In addition, 12 U.S.C. 1467a(b)(2)(A) and 1850a(c)(1)(A) authorize the Federal Reserve to require that SLHCs and supervised securities holding companies also file the FR Y– 9 series of reports with the Federal Reserve. Overall, the Federal Reserve does not consider the financial data in these reports to be confidential. However, a respondent may request confidential treatment pursuant to sections (b)(4), (b)(6), and (b)(8) of the Freedom of Information Act (FOIA) (5 U.S.C. 552(b)(4), (b)(6), and (b)(8)). The applicability of these exemptions would need to be reviewed on a case by case basis. Abstract: The FR Y–9 family of reporting forms continues to be the primary source of financial data on HCs that examiners rely on in the intervals between on-site inspections and off-site assessments through the Small Bank Holding Company Supervision Program. Financial data from these reporting forms are used to detect emerging financial problems, to review performance and conduct preinspection analysis, to monitor and evaluate capital adequacy, to evaluate HC mergers and acquisitions, and to analyze an HC’s overall financial condition to ensure the safety and soundness of its operations. The FR Y–9C consists of standardized financial statements similar to the Federal Financial Institutions Examination Council (FFIEC) Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031 & 041; VerDate Mar<15>2010 18:06 Apr 14, 2014 Jkt 232001 OMB No. 7100–0036) filed by commercial banks. It collects consolidated data from HCs, and is filed by top-tier HCs with total consolidated assets of $500 million or more.1 Current actions: On January 28, 2014, the Federal Reserve published a notice in the Federal Register (79 FR 4468) requesting public comment for 60 days on the extension, with revision, of the FR Y–9C. The comment period for this notice expired on March 31, 2014. The Federal Reserve did not receive any comments. The revision will be implemented as proposed. 2. Report title: Payments Systems Surveys: Ad Hoc Payments Systems Survey (FR 3054a) and the Currency Functionality Survey (FR 3054d). Agency form numbers: FR 3054a and FR 3054d. OMB control number: 7100–0332. Frequency: On occasion and annually. Reporters: Financial, institutions (or depository institutions), individuals, law enforcement and nonfinancial businesses (banknote equipment manufacturers, or global wholesale bank note dealers). Estimated annual reporting hours: 11,500 hours. Estimated average hours per response: FR 3054a: 0.75 hours; FR 3054d: 2.5 hours. Number of respondents: FR 3054a: 12,000; and FR 3054d: 250. General description of report: This information collection is authorized pursuant to Section 11(d) of the Federal Reserve Act (12 U.S.C. 248(d)). The obligation to respond to the FR 3054a and FR 3054d is voluntary. Because survey questions may differ from survey to survey, it is difficult to determine whether the information collected will be considered confidential. However, information may be exempt from disclosure under exemption 4 of the FOIA, 5 U.S.C. 552(b)(4), if disclosure would likely have the effect of (1) impairing the government’s ability to obtain the necessary information in the future, or (2) causing substantial harm to the competitive position of the respondent. Additionally, should survey responses contain any information of a private nature the disclosure of which would constitute ‘‘a clearly unwarranted invasion of personal privacy,’’ such information may be exempt from disclosure under exemption 6, 5 U.S.C. 552(b)(6). Confidentiality matters should be treated on a case-by-case basis to determine if any of the above exemptions apply. 1 Under certain circumstances described in the General Instructions, HCs with assets under $500 million may be required to file the FR Y–9C. PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 Abstract: The FR 3054a is an eventdriven survey used to obtain information specifically tailored to the Federal Reserve’s operational and fiscal agency responsibilities. The FR 3054a may be conducted independently by the Federal Reserve or jointly with another government agency, a Reserve Bank, or a private firm. The FR 3054d is an annual survey used to assess the functionality of Federal Reserve notes in banknote handling equipment. The data collected from the FR 3054d are used as inputs for future designs of Federal Reserve notes. The FR 3054d may be conducted jointly with the U.S. Treasury’s Bureau of Engraving and Printing, and the CTO. Current actions: On January 28, 2014, the Federal Reserve published a notice in the Federal Register (79 FR 4468) requesting public comment for 60 days on the extension, with revision, of the FR 3054a and FR 3054d. The comment period for this notice expired on March 31, 2014. The Federal Reserve did not receive any comments. The revision will be implemented as proposed. Proposal to approve under OMB delegated authority the extension for three years, without revision, of the following reports: 1. Report title: Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks. Agency form number: FR 2225. OMB control number: 7100–0216. Frequency: Annually. Reporters: Foreign banking organizations (FBO). Estimated annual reporting hours: 51 hours. Estimated average hours per response: 1 hour. Number of respondents: 51. General description of report: This information collection is authorized pursuant by sections 11(i), 16, and 19(f) of the Federal Reserve Act (12 U.S.C. 248(i), 248–1 and 464). An FBO is required to respond in order to obtain or retain a benefit, i.e., in order for the U.S. branch or agency of an FBO to establish and maintain a non-zero net debit cap. The information submitted by respondents is not confidential; however, respondents may request confidential treatment for portions of the report. Data may be considered confidential and exempt from disclosure under section (b)(4) of the FOIA if it constitutes commercial or financial information and public disclosure could result in substantial competitive harm to the submitting institution (5 U.S.C. 552(b)(4)). Abstract: This report was implemented in March 1986 as part of E:\FR\FM\15APN1.SGM 15APN1 Federal Register / Vol. 79, No. 72 / Tuesday, April 15, 2014 / Notices mstockstill on DSK4VPTVN1PROD with NOTICES the procedures used to administer the Federal Reserve’s Payment System Risk (PSR) policy. A key component of the PSR policy is a limit, or a net debit cap, on an institution’s negative intraday balance in its Reserve Bank account. The Federal Reserve calculates an institution’s net debit cap by applying the multiple associated with the net debit cap category to the institution’s capital. For FBOs, a percentage of the FBO’s capital measure, known as the U.S. capital equivalency, is used to calculate the FBO’s net debit cap. FBOs that wish to establish a positive net debit cap and have a strength of support assessment (SOSA) 1 or SOSA 2 ranking or hold a financial holding company (FHC) designation are required to submit the FR 2225 to their Administrative Reserve Bank (ARB).2,3 Current Actions: On January 28, 2014, the Federal Reserve published a notice in the Federal Register (79 FR 4468) requesting public comment for 60 days on the extension, without revision, of the FR 2225. The comment period for this notice expired on March 31, 2014. The Federal Reserve did not receive any comments. 2. Report title: Report of Net Debit Cap. Agency form number: FR 2226. OMB control number: 7100–0217. Frequency: Annually. Reporters: Depository institution’s board of directors. Estimated annual reporting hours: 1,158 hours. Estimated average hours per response: 1 hour. Number of respondents: De Minimis Cap: 1,016; Self-Assessment Cap: 4 139; Maximum Daylight Overdraft Capacity: 3. General description of report: This information collection is authorized pursuant to sections 11, 16, and 19 of the Federal Reserve Act (12 U.S.C. 248(i), 248–1 and 464) authorize the Board to require the FR 2226 resolutions. Disclosure of information collected on the FR 2226 would likely cause substantial harm to the 2 The Administrative Reserve Bank is responsible for managing an institution’s account relationship with the Federal Reserve. 3 Most FBOs that are ranked SOSA 3 do not qualify for a positive net debit cap. In the event a Reserve Bank grants a net debit cap or extends intraday credit to a financially healthy SOSA 3ranked FBO, the financially healthy SOSA 3-ranked FBOs will have their U.S. capital equivalency based on their ‘‘Net due to related depository institutions’’ as reported on the Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002), Schedule RAL, Item 5.a, Column A, for the most recent quarter. 4 Self-assessment cap figures do not include those self-assessed cap respondents with maximum daylight overdraft capacity. VerDate Mar<15>2010 18:06 Apr 14, 2014 Jkt 232001 21245 competitive position of the respondent institution. Therefore, the FR 2226 is exempt from disclosure under exemption (b)(4) of the FOIA, which exempts from disclosure ‘‘trade secrets and commercial or financial information obtained from a person and privileged or confidential.’’ (5 U.S.C. 552(b)(4)). In addition, information reported in connection with the second and third resolutions may be protected under section (b)(8) of FOIA, to the extent that such information is based on the institution’s CAMELS rating, and thus is related to examination reports prepared by, on behalf of, or for the use of an agency responsible for the regulation or supervision of financial institutions (5 U.S.C. 552(b)(8)). Abstract: Federal Reserve Banks collect these data annually to provide information that is essential for their administration of the Federal Reserve’s PSR policy. The reporting panel includes the subset of financially healthy depository institutions with access to the discount window that opt to request a De minis of self-assessed cap under the PSR Policy. The Report of Net Debit Cap comprises three resolutions, which are filed by a depository institution’s board of directors depending on its needs. The first resolution is used to establish a de minimis net debit cap and the second resolution is used to establish a selfassessed net debit cap.5 The third resolution is used to establish simultaneously a self-assessed net debit cap and maximum daylight overdraft capacity. The PSR policy requires depository institutions to submit their resolutions annually, as of the date of the board of directors’ approved resolution(s). Current Actions: On January 28, 2014, the Federal Reserve published a notice in the Federal Register (79 FR 4468) requesting public comment for 60 days on the extension, without revision, of the FR 2226. The comment period for this notice expired on March 31, 2014. The Federal Reserve did not receive any comments. 3. Report title: The Parent Company Only Financial Statements for Large Holding Companies (FR Y–9LP), the Parent Company Only Financial Statements for Small Holding Companies (FR Y–9SP), the Financial Statements for Employee Stock Ownership Plan Holding Companies (FR Y–9ES), the Supplement to the Consolidated Financial Statements for Holding Companies (FR Y–9CS). Agency form number: FR Y–9LP, FR Y–9SP, FR Y–9ES, FR–9CS. OMB control number: 7100–0128. Frequency: Quarterly, semi-annually, annually, and quarterly. Reporters: Holding companies. Estimated annual reporting hours: FR Y–9LP: 29,148 hours; FR Y–9SP (BHCs): 41,008 hours; FR Y–9SP (Savings and Loan Holding Companies (SLHCs)): 8,435 hours; FR Y–9SP (SLHCs one-time implementation): 148,500; 6 FR Y–9ES: 43 hours; FR–9CS: 472 hours. Estimated average hours per response: FR Y–9LP: 5.25 hours; FR Y–9SP (BHCs): 5.40 hours; FR Y–9SP (SLHCs): 14.20 hours; FR Y–9SP (SLHCs one-time implementation) 500 hours; 6 FR Y–9ES: 0.50 hours; FR–9CS: 0.50 hours. Number of respondents FR Y–9LP: 1,388; FR Y–9SP (BHCs): 3,797; FR Y– 9SP (SLHCs): 297; FR Y–9ES: 86; FR– 9CS: 236. General description of report: This information collection is authorized pursuant by Section 5(c) of the Bank Holding Company Act [12 U.S.C. 1844(c)]. In addition, 12 U.S.C. 1467a(b)(2)(A) and 1850a(c)(1)(A) authorize the Federal Reserve to require that SLHCs and supervised securities holding companies also file the FR Y– 9 series of reports with the Federal Reserve. Overall, the Federal Reserve does not consider the financial data in these reports to be confidential. However, a respondent may request confidential treatment pursuant to sections (b)(4), (b)(6), and (b)(8) of the Freedom of Information Act (FOIA) (5 U.S.C. 552(b)(4), (b)(6), and (b)(8)). The applicability of these exemptions would need to be reviewed on a case by case basis. Abstract: The FR Y–9LP and FR Y– 9SP serve as standardized financial statements for the consolidated HC and its parent; the FR Y–9ES is a financial statement for HCs that are Employee Stock Ownership Plans (ESOPs). The Board also has the authority to use the FR Y–9CS (a free-form supplement) to collect additional information deemed to be (1) critical and (2) needed in an expedited manner. 5 Institutions use these two resolutions to establish a capacity for daylight overdrafts above the lesser of $10 million or 20 percent of the institution’s capital measure. Financially healthy U.S. chartered institutions that rarely incur daylight overdrafts in excess of the lesser of $10 million or 20 percent of the institution’s capital measure do not need to file board of directors’ resolutions or self-assessments with their Reserve Bank. 6 Subsequent to initial Federal Register notice of January 28, 2014 (78 FR 4468), the Federal Reserve received approval to revise the FR Y–C and FR Y– 9SP consistent with the regulatory capital rules approved by the Board of Governors on July 2, 2013. This revision resulted in a one-time implementation cost of 500 hours per respondent with a total increase of 148,500 hours for the FR Y– 9SP. PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 E:\FR\FM\15APN1.SGM 15APN1 mstockstill on DSK4VPTVN1PROD with NOTICES 21246 Federal Register / Vol. 79, No. 72 / Tuesday, April 15, 2014 / Notices The FR Y–9 family of reporting forms continues to be the primary source of financial data on HCs that examiners rely on in the intervals between on-site inspections and off-site assessments through the Small Bank Holding Company Supervision Program. Financial data from these reporting forms are used to detect emerging financial problems, to review performance and conduct preinspection analysis, to monitor and evaluate capital adequacy, to evaluate HC mergers and acquisitions, and to analyze an HC’s overall financial condition to ensure the safety and soundness of its operations. Current Actions: On January 28, 2014, the Federal Reserve published a notice in the Federal Register (79 FR 4468) requesting public comment for 60 days on the extension, without revision, of the FR Y–9LP, FR Y–9SP, FR Y–9ES, and FR Y–9CS. The comment period for this notice expired on March 31, 2014. The Federal Reserve did not receive any comments. 4. Report title: Payments Systems Surveys: Currency Quality Sampling Survey (FR 3054b) and the Currency Quality Survey (FR 3054c). Agency form numbers: FR 3054b and FR 3054c. OMB control number: 7100–0332. Frequency: Annually and semiannually. Reporters: Financial, institutions (or depository institutions) individuals, law enforcement and nonfinancial businesses (banknote equipment manufacturers, or global wholesale bank note dealers). Estimated annual reporting hours: 1,590 hours. Estimated average hours per response: FR 3054b: 0.5 hours and FR 3054c: 30 hours. Number of respondents: FR 3054b: 180 and FR 3054c: 25. General description of report: This information collection is authorized pursuant to Section 11(d) of the Federal Reserve Act (12 U.S.C. § 248(d)). The obligation to respond to the FR 3054b and FR 3054c is voluntary. Because survey questions may differ from survey to survey, it is difficult to determine whether the information collected will be considered confidential. However, information may be exempt from disclosure under exemption 4 of the Freedom of Information Act, 5 U.S.C. 552(b)(4), if disclosure would likely have the effect of (1) impairing the government’s ability to obtain the necessary information in the future, or (2) causing substantial harm to the competitive position of the respondent. Additionally, should survey responses VerDate Mar<15>2010 18:06 Apr 14, 2014 Jkt 232001 contain any information of a private nature the disclosure of which would constitute ‘‘a clearly unwarranted invasion of personal privacy,’’ such information may be exempt from disclosure under exemption 6, 5 U.S.C. 552(b)(6). Confidentiality matters should be treated on a case-by-case basis to determine if any of the above exemptions apply. Abstract: The FR 3054b is an annual survey used to assess the quality of currency in circulation and may be conducted by the Federal Reserve, jointly with the Federal Reserve Bank of San Francisco’s Cash Product Office (CPO), the Federal Reserve Bank of Richmond’s Currency Technology Office (CTO), and each Reserve Bank’s cash department. The FR 3054c is a semi-annual survey used to determine depository institutions’ and Banknote Equipment Manufacturers’ opinions of currency quality and may be conducted jointly with the CPO and CTO. Current Actions: On January 28, 2014, the Federal Reserve published a notice in the Federal Register (79 FR 4468) requesting public comment for 60 days on the extension, without revision, of the FR 3064b and FR 3054c. The comment period for this notice expired on March 31, 2014. The Federal Reserve did not receive any comments. Board of Governors of the Federal Reserve System, April 10, 2014. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2014–08528 Filed 4–14–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than April 30, 2014. PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. The FLH Financial Services Trust, with Frank Harrel, LaTricia Harrel, Kalee Harrel, all of Leedey, Oklahoma, and Brent Harrel, Elk City, Oklahoma, as trustees, to become part of the Harrel Family control group, and Brent Harrel as trustee of a voting trust agreement; to acquire voting shares of Western Oklahoma Bancshares, and thereby indirectly acquire voting shares of Bank of Western Oklahoma, both in Elk City, Oklahoma. Board of Governors of the Federal Reserve System, April 10, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–08456 Filed 4–14–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Privacy Act of 1974; Systems of Records Federal Retirement Thrift Investment Board. ACTION: Notice of alteration to existing system of records. AGENCY: The Federal Retirement Thrift Investment Board (Agency) proposes to add email addresses and phone numbers to the categories of records maintained in the system of records called FRTIB–1, Thrift Savings Plan Records. The Agency also proposes to change the system manager for FRTIB– 1. DATES: The alteration will become effective without further notice on May 15, 2014 unless comments received on or before that date result in a contrary determination. FOR FURTHER INFORMATION CONTACT: Laurissa Stokes at 202–942–1645. SUPPLEMENTARY INFORMATION: The Agency administers the Thrift Savings Plan (TSP or Plan), which was established by the Federal Employees’ Retirement System Act of 1986 (FERSA), Public Law 99–335, 100 Stat. 514. The purpose of the system of records called FRTIB–1, Thrift Saving Plan Records, is to ensure the integrity of the Plan, to record activity concerning the TSP account of each Plan participant, to communicate with the participant, spouse, former spouse, and beneficiary concerning the account, and to make certain that he or she receives a correct payment from the Plan. The Agency proposes to add email SUMMARY: E:\FR\FM\15APN1.SGM 15APN1

Agencies

[Federal Register Volume 79, Number 72 (Tuesday, April 15, 2014)]
[Notices]
[Pages 21243-21246]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-08528]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: Notice is hereby given of the final approval of proposed 
information collections by the Board of Governors of the Federal 
Reserve System (Board) under OMB delegated authority, as per 5 CFR 
1320.16 (OMB Regulations on Controlling Paperwork Burdens on the 
Public). Board-approved collections of information are incorporated 
into the official OMB inventory of currently approved collections of 
information. Copies of the Paperwork Reduction Act Submission, 
supporting statements and approved collection of information 
instrument(s) are placed into OMB's public docket files. The Federal 
Reserve may not conduct or sponsor, and the respondent is not required 
to respond to, an information collection that has been extended, 
revised, or implemented on or after October 1, 1995, unless it displays 
a currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Cynthia Ayouch--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202) 
452-3829. Telecommunications Device for the Deaf (TDD) users may 
contact (202) 263-4869, Board of Governors of the Federal Reserve 
System, Washington, DC 20551.
    OMB Desk Officer--Shagufta Ahmed--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235,

[[Page 21244]]

725 17th Street NW.,Washington, DC 20503.
    Final approval under OMB delegated authority of the extension for 
three years, with revision, of the following reports:
    1. Report title: Consolidated Financial Statements for Holding 
Companies.
    Agency form number: FR Y-9C.
    OMB control number: 7100-0128.
    Frequency: Quarterly.
    Reporters: Holding companies (HCs).
    Estimated annual reporting hours: FR Y-9C (non Advanced Approaches 
HCs): 220,366 hours; FR Y-9C (Advanced Approaches Bank Holding 
Companies (BHCs)): 2,404 hours.
    Estimated average hours per response: FR Y-9C (non Advanced 
Approaches HCs): 48.84 hours; FR Y-9C (Advanced Approaches BHCs): 50.09 
hours.
    Number of respondents: FR Y-9C (non Advanced Approaches HCs): 
1,128; FR Y-9C (Advanced Approaches BHCs): 12.
    General description of report: This information collection is 
authorized pursuant by Section 5(c) of the Bank Holding Company Act [12 
U.S.C. 1844(c)]. In addition, 12 U.S.C. 1467a(b)(2)(A) and 
1850a(c)(1)(A) authorize the Federal Reserve to require that SLHCs and 
supervised securities holding companies also file the FR Y-9 series of 
reports with the Federal Reserve. Overall, the Federal Reserve does not 
consider the financial data in these reports to be confidential. 
However, a respondent may request confidential treatment pursuant to 
sections (b)(4), (b)(6), and (b)(8) of the Freedom of Information Act 
(FOIA) (5 U.S.C. 552(b)(4), (b)(6), and (b)(8)). The applicability of 
these exemptions would need to be reviewed on a case by case basis.
    Abstract: The FR Y-9 family of reporting forms continues to be the 
primary source of financial data on HCs that examiners rely on in the 
intervals between on-site inspections and off-site assessments through 
the Small Bank Holding Company Supervision Program. Financial data from 
these reporting forms are used to detect emerging financial problems, 
to review performance and conduct pre-inspection analysis, to monitor 
and evaluate capital adequacy, to evaluate HC mergers and acquisitions, 
and to analyze an HC's overall financial condition to ensure the safety 
and soundness of its operations.
    The FR Y-9C consists of standardized financial statements similar 
to the Federal Financial Institutions Examination Council (FFIEC) 
Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031 
& 041; OMB No. 7100-0036) filed by commercial banks. It collects 
consolidated data from HCs, and is filed by top-tier HCs with total 
consolidated assets of $500 million or more.\1\
---------------------------------------------------------------------------

    \1\ Under certain circumstances described in the General 
Instructions, HCs with assets under $500 million may be required to 
file the FR Y-9C.
---------------------------------------------------------------------------

    Current actions: On January 28, 2014, the Federal Reserve published 
a notice in the Federal Register (79 FR 4468) requesting public comment 
for 60 days on the extension, with revision, of the FR Y-9C. The 
comment period for this notice expired on March 31, 2014. The Federal 
Reserve did not receive any comments. The revision will be implemented 
as proposed.
    2. Report title: Payments Systems Surveys: Ad Hoc Payments Systems 
Survey (FR 3054a) and the Currency Functionality Survey (FR 3054d).
    Agency form numbers: FR 3054a and FR 3054d.
    OMB control number: 7100-0332.
    Frequency: On occasion and annually.
    Reporters: Financial, institutions (or depository institutions), 
individuals, law enforcement and nonfinancial businesses (banknote 
equipment manufacturers, or global wholesale bank note dealers).
    Estimated annual reporting hours: 11,500 hours.
    Estimated average hours per response: FR 3054a: 0.75 hours; FR 
3054d: 2.5 hours.
    Number of respondents: FR 3054a: 12,000; and FR 3054d: 250.
    General description of report: This information collection is 
authorized pursuant to Section 11(d) of the Federal Reserve Act (12 
U.S.C. 248(d)). The obligation to respond to the FR 3054a and FR 3054d 
is voluntary. Because survey questions may differ from survey to 
survey, it is difficult to determine whether the information collected 
will be considered confidential. However, information may be exempt 
from disclosure under exemption 4 of the FOIA, 5 U.S.C. 552(b)(4), if 
disclosure would likely have the effect of (1) impairing the 
government's ability to obtain the necessary information in the future, 
or (2) causing substantial harm to the competitive position of the 
respondent. Additionally, should survey responses contain any 
information of a private nature the disclosure of which would 
constitute ``a clearly unwarranted invasion of personal privacy,'' such 
information may be exempt from disclosure under exemption 6, 5 U.S.C. 
552(b)(6). Confidentiality matters should be treated on a case-by-case 
basis to determine if any of the above exemptions apply.
    Abstract: The FR 3054a is an event-driven survey used to obtain 
information specifically tailored to the Federal Reserve's operational 
and fiscal agency responsibilities. The FR 3054a may be conducted 
independently by the Federal Reserve or jointly with another government 
agency, a Reserve Bank, or a private firm. The FR 3054d is an annual 
survey used to assess the functionality of Federal Reserve notes in 
banknote handling equipment. The data collected from the FR 3054d are 
used as inputs for future designs of Federal Reserve notes. The FR 
3054d may be conducted jointly with the U.S. Treasury's Bureau of 
Engraving and Printing, and the CTO.
    Current actions: On January 28, 2014, the Federal Reserve published 
a notice in the Federal Register (79 FR 4468) requesting public comment 
for 60 days on the extension, with revision, of the FR 3054a and FR 
3054d. The comment period for this notice expired on March 31, 2014. 
The Federal Reserve did not receive any comments. The revision will be 
implemented as proposed.
    Proposal to approve under OMB delegated authority the extension for 
three years, without revision, of the following reports:
    1. Report title: Annual Daylight Overdraft Capital Report for U.S. 
Branches and Agencies of Foreign Banks.
    Agency form number: FR 2225.
    OMB control number: 7100-0216.
    Frequency: Annually.
    Reporters: Foreign banking organizations (FBO).
    Estimated annual reporting hours: 51 hours.
    Estimated average hours per response: 1 hour.
    Number of respondents: 51.
    General description of report: This information collection is 
authorized pursuant by sections 11(i), 16, and 19(f) of the Federal 
Reserve Act (12 U.S.C. 248(i), 248-1 and 464). An FBO is required to 
respond in order to obtain or retain a benefit, i.e., in order for the 
U.S. branch or agency of an FBO to establish and maintain a non-zero 
net debit cap. The information submitted by respondents is not 
confidential; however, respondents may request confidential treatment 
for portions of the report. Data may be considered confidential and 
exempt from disclosure under section (b)(4) of the FOIA if it 
constitutes commercial or financial information and public disclosure 
could result in substantial competitive harm to the submitting 
institution (5 U.S.C. 552(b)(4)).
    Abstract: This report was implemented in March 1986 as part of

[[Page 21245]]

the procedures used to administer the Federal Reserve's Payment System 
Risk (PSR) policy. A key component of the PSR policy is a limit, or a 
net debit cap, on an institution's negative intraday balance in its 
Reserve Bank account. The Federal Reserve calculates an institution's 
net debit cap by applying the multiple associated with the net debit 
cap category to the institution's capital. For FBOs, a percentage of 
the FBO's capital measure, known as the U.S. capital equivalency, is 
used to calculate the FBO's net debit cap. FBOs that wish to establish 
a positive net debit cap and have a strength of support assessment 
(SOSA) 1 or SOSA 2 ranking or hold a financial holding company (FHC) 
designation are required to submit the FR 2225 to their Administrative 
Reserve Bank (ARB).2,3
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    \2\ The Administrative Reserve Bank is responsible for managing 
an institution's account relationship with the Federal Reserve.
    \3\ Most FBOs that are ranked SOSA 3 do not qualify for a 
positive net debit cap. In the event a Reserve Bank grants a net 
debit cap or extends intraday credit to a financially healthy SOSA 
3-ranked FBO, the financially healthy SOSA 3-ranked FBOs will have 
their U.S. capital equivalency based on their ``Net due to related 
depository institutions'' as reported on the Report of Assets and 
Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 
002), Schedule RAL, Item 5.a, Column A, for the most recent quarter.
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    Current Actions: On January 28, 2014, the Federal Reserve published 
a notice in the Federal Register (79 FR 4468) requesting public comment 
for 60 days on the extension, without revision, of the FR 2225. The 
comment period for this notice expired on March 31, 2014. The Federal 
Reserve did not receive any comments.
    2. Report title: Report of Net Debit Cap.
    Agency form number: FR 2226.
    OMB control number: 7100-0217.
    Frequency: Annually.
    Reporters: Depository institution's board of directors.
    Estimated annual reporting hours: 1,158 hours.
    Estimated average hours per response: 1 hour.
    Number of respondents: De Minimis Cap: 1,016; Self-Assessment Cap: 
\4\ 139; Maximum Daylight Overdraft Capacity: 3.
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    \4\ Self-assessment cap figures do not include those self-
assessed cap respondents with maximum daylight overdraft capacity.
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    General description of report: This information collection is 
authorized pursuant to sections 11, 16, and 19 of the Federal Reserve 
Act (12 U.S.C. 248(i), 248-1 and 464) authorize the Board to require 
the FR 2226 resolutions. Disclosure of information collected on the FR 
2226 would likely cause substantial harm to the competitive position of 
the respondent institution. Therefore, the FR 2226 is exempt from 
disclosure under exemption (b)(4) of the FOIA, which exempts from 
disclosure ``trade secrets and commercial or financial information 
obtained from a person and privileged or confidential.'' (5 U.S.C. 
552(b)(4)). In addition, information reported in connection with the 
second and third resolutions may be protected under section (b)(8) of 
FOIA, to the extent that such information is based on the institution's 
CAMELS rating, and thus is related to examination reports prepared by, 
on behalf of, or for the use of an agency responsible for the 
regulation or supervision of financial institutions (5 U.S.C. 
552(b)(8)).
    Abstract: Federal Reserve Banks collect these data annually to 
provide information that is essential for their administration of the 
Federal Reserve's PSR policy. The reporting panel includes the subset 
of financially healthy depository institutions with access to the 
discount window that opt to request a De minis of self-assessed cap 
under the PSR Policy. The Report of Net Debit Cap comprises three 
resolutions, which are filed by a depository institution's board of 
directors depending on its needs. The first resolution is used to 
establish a de minimis net debit cap and the second resolution is used 
to establish a self-assessed net debit cap.\5\ The third resolution is 
used to establish simultaneously a self-assessed net debit cap and 
maximum daylight overdraft capacity. The PSR policy requires depository 
institutions to submit their resolutions annually, as of the date of 
the board of directors' approved resolution(s).
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    \5\ Institutions use these two resolutions to establish a 
capacity for daylight overdrafts above the lesser of $10 million or 
20 percent of the institution's capital measure. Financially healthy 
U.S. chartered institutions that rarely incur daylight overdrafts in 
excess of the lesser of $10 million or 20 percent of the 
institution's capital measure do not need to file board of 
directors' resolutions or self-assessments with their Reserve Bank.
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    Current Actions: On January 28, 2014, the Federal Reserve published 
a notice in the Federal Register (79 FR 4468) requesting public comment 
for 60 days on the extension, without revision, of the FR 2226. The 
comment period for this notice expired on March 31, 2014. The Federal 
Reserve did not receive any comments.
    3. Report title: The Parent Company Only Financial Statements for 
Large Holding Companies (FR Y-9LP), the Parent Company Only Financial 
Statements for Small Holding Companies (FR Y-9SP), the Financial 
Statements for Employee Stock Ownership Plan Holding Companies (FR Y-
9ES), the Supplement to the Consolidated Financial Statements for 
Holding Companies (FR Y-9CS).
    Agency form number: FR Y-9LP, FR Y-9SP, FR Y-9ES, FR-9CS.
    OMB control number: 7100-0128.
    Frequency: Quarterly, semi-annually, annually, and quarterly.
    Reporters: Holding companies.
    Estimated annual reporting hours: FR Y-9LP: 29,148 hours; FR Y-9SP 
(BHCs): 41,008 hours; FR Y-9SP (Savings and Loan Holding Companies 
(SLHCs)): 8,435 hours; FR Y-9SP (SLHCs one-time implementation): 
148,500; \6\ FR Y-9ES: 43 hours; FR-9CS: 472 hours.
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    \6\ Subsequent to initial Federal Register notice of January 28, 
2014 (78 FR 4468), the Federal Reserve received approval to revise 
the FR Y-C and FR Y-9SP consistent with the regulatory capital rules 
approved by the Board of Governors on July 2, 2013. This revision 
resulted in a one-time implementation cost of 500 hours per 
respondent with a total increase of 148,500 hours for the FR Y-9SP.
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    Estimated average hours per response: FR Y-9LP: 5.25 hours; FR Y-
9SP (BHCs): 5.40 hours; FR Y-9SP (SLHCs): 14.20 hours; FR Y-9SP (SLHCs 
one-time implementation) 500 hours; \6\ FR Y-9ES: 0.50 hours; FR-9CS: 
0.50 hours.
    Number of respondents FR Y-9LP: 1,388; FR Y-9SP (BHCs): 3,797; FR 
Y-9SP (SLHCs): 297; FR Y-9ES: 86; FR-9CS: 236.
    General description of report: This information collection is 
authorized pursuant by Section 5(c) of the Bank Holding Company Act [12 
U.S.C. 1844(c)]. In addition, 12 U.S.C. 1467a(b)(2)(A) and 
1850a(c)(1)(A) authorize the Federal Reserve to require that SLHCs and 
supervised securities holding companies also file the FR Y-9 series of 
reports with the Federal Reserve. Overall, the Federal Reserve does not 
consider the financial data in these reports to be confidential. 
However, a respondent may request confidential treatment pursuant to 
sections (b)(4), (b)(6), and (b)(8) of the Freedom of Information Act 
(FOIA) (5 U.S.C. 552(b)(4), (b)(6), and (b)(8)). The applicability of 
these exemptions would need to be reviewed on a case by case basis.
    Abstract: The FR Y-9LP and FR Y-9SP serve as standardized financial 
statements for the consolidated HC and its parent; the FR Y-9ES is a 
financial statement for HCs that are Employee Stock Ownership Plans 
(ESOPs). The Board also has the authority to use the FR Y-9CS (a free-
form supplement) to collect additional information deemed to be (1) 
critical and (2) needed in an expedited manner.

[[Page 21246]]

    The FR Y-9 family of reporting forms continues to be the primary 
source of financial data on HCs that examiners rely on in the intervals 
between on-site inspections and off-site assessments through the Small 
Bank Holding Company Supervision Program. Financial data from these 
reporting forms are used to detect emerging financial problems, to 
review performance and conduct pre-inspection analysis, to monitor and 
evaluate capital adequacy, to evaluate HC mergers and acquisitions, and 
to analyze an HC's overall financial condition to ensure the safety and 
soundness of its operations.
    Current Actions: On January 28, 2014, the Federal Reserve published 
a notice in the Federal Register (79 FR 4468) requesting public comment 
for 60 days on the extension, without revision, of the FR Y-9LP, FR Y-
9SP, FR Y-9ES, and FR Y-9CS. The comment period for this notice expired 
on March 31, 2014. The Federal Reserve did not receive any comments.
    4. Report title: Payments Systems Surveys: Currency Quality 
Sampling Survey (FR 3054b) and the Currency Quality Survey (FR 3054c).
    Agency form numbers: FR 3054b and FR 3054c.
    OMB control number: 7100-0332.
    Frequency: Annually and semi-annually.
    Reporters: Financial, institutions (or depository institutions) 
individuals, law enforcement and nonfinancial businesses (banknote 
equipment manufacturers, or global wholesale bank note dealers).
    Estimated annual reporting hours: 1,590 hours.
    Estimated average hours per response: FR 3054b: 0.5 hours and FR 
3054c: 30 hours.
    Number of respondents: FR 3054b: 180 and FR 3054c: 25.
    General description of report: This information collection is 
authorized pursuant to Section 11(d) of the Federal Reserve Act (12 
U.S.C. Sec.  248(d)). The obligation to respond to the FR 3054b and FR 
3054c is voluntary. Because survey questions may differ from survey to 
survey, it is difficult to determine whether the information collected 
will be considered confidential. However, information may be exempt 
from disclosure under exemption 4 of the Freedom of Information Act, 5 
U.S.C. 552(b)(4), if disclosure would likely have the effect of (1) 
impairing the government's ability to obtain the necessary information 
in the future, or (2) causing substantial harm to the competitive 
position of the respondent. Additionally, should survey responses 
contain any information of a private nature the disclosure of which 
would constitute ``a clearly unwarranted invasion of personal 
privacy,'' such information may be exempt from disclosure under 
exemption 6, 5 U.S.C. 552(b)(6). Confidentiality matters should be 
treated on a case-by-case basis to determine if any of the above 
exemptions apply.
    Abstract: The FR 3054b is an annual survey used to assess the 
quality of currency in circulation and may be conducted by the Federal 
Reserve, jointly with the Federal Reserve Bank of San Francisco's Cash 
Product Office (CPO), the Federal Reserve Bank of Richmond's Currency 
Technology Office (CTO), and each Reserve Bank's cash department. The 
FR 3054c is a semi-annual survey used to determine depository 
institutions' and Banknote Equipment Manufacturers' opinions of 
currency quality and may be conducted jointly with the CPO and CTO.
    Current Actions: On January 28, 2014, the Federal Reserve published 
a notice in the Federal Register (79 FR 4468) requesting public comment 
for 60 days on the extension, without revision, of the FR 3064b and FR 
3054c. The comment period for this notice expired on March 31, 2014. 
The Federal Reserve did not receive any comments.

    Board of Governors of the Federal Reserve System, April 10, 
2014.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2014-08528 Filed 4-14-14; 8:45 am]
BILLING CODE 6210-01-P