Agency Information Collection Activities; Information Collection Renewal; Comment Request; Basel II Interagency Supervisory Guidance for the Supervisory Review Process, 33039-33040 [2014-13417]

Download as PDF Federal Register / Vol. 79, No. 110 / Monday, June 9, 2014 / Notices DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities; Information Collection Renewal; Comment Request; Basel II Interagency Supervisory Guidance for the Supervisory Review Process Office of the Comptroller of the Currency, Treasury (OCC) and Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies). ACTION: Notice. AGENCY: The agencies, as part of their continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The agencies are soliciting comment concerning the renewal of their information collection titled ‘‘Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2).’’ DATES: Comments must be received by August 8, 2014. ADDRESSES: Comments should be addressed to: OCC: 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: 1557–0242, 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 ehiers on DSK2VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 15:08 Jun 06, 2014 Jkt 232001 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. FDIC: You may submit comments by any of the following methods: • Agency Web site: http:// www.fdic.gov/regulations/laws/federal/. Follow instructions for submitting comments on the Agency Web site. • Email: Comments@FDIC.gov. Include ‘‘Basel II Supervisory Guidance’’ in the subject line of the message. • Mail: Robert E. Feldman, Executive Secretary, Attention: Comments, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. • Hand Delivery/Courier: Guard station at the rear of the 550 17th Street Building (located on F Street) on business days between 7 a.m. and 5 p.m. (EST). • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Public Inspection: All comments received will be posted without change to http://www.fdic.gov/regulations/laws/ federal including any personal information provided. Comments may be inspected and photocopied in the FDIC Public Information Center, 3501 North Fairfax Drive, Room E–1002, Arlington, VA 22226, between 9 a.m. and 5 p.m. (EST) on business days. Paper copies of public comments may be ordered from the Public Information Center by telephone at (877) 275–3342 or (703) 562–2200. FOR FURTHER INFORMATION CONTACT: OCC: Johnny Vilela or Mary H. Gottlieb, OCC Clearance Officers, (202) 649–5490, for persons who are deaf or hard of hearing, TTY, (202) 649–5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Suite 3E–218, Mail Stop 9W–11, Washington, DC 20219. FDIC: Leneta Gregorie, Counsel, (202) 898–3719, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. SUPPLEMENTARY INFORMATION: In accordance with the requirements of the PRA, the Agencies may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid OMB control number. The Agencies are requesting comment on a continuing information collection. Comments are invited on: (a) Whether the collection of information is necessary for the proper PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 33039 performance of the Agencies’ 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; (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; and (e) Estimates of capital or start up costs and costs of operation, maintenance, and purchase of services to provide information. Title of Information Collection: Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2). OMB Control Numbers: OCC: 1557–0242. FDIC: 3064–0165. Frequency of Response: Eventgenerated. Affected Public: OCC: National banks. FDIC: Insured state nonmember banks and certain subsidiaries of these entities. Abstract: The agencies issued a supervisory guidance document for implementing the supervisory review process (Pillar 2). The guidance was issued on July 31, 2008 (73 FR 44620). Sections 37, 41, 43, and 46 of the guidance impose information collection requirements. Section 37 states that banks should state clearly the definition of capital used in any aspect of its internal capital adequacy assessment process (ICAAP) and document any changes in the internal definition of capital. Section 41 requires banks to maintain thorough documentation of ICAAP. Section 43 specifies that boards of directors must approve the bank’s ICAAP, review it on a regular basis, and approve any changes. Boards of directors also are required under section 46 to periodically review the assessment of overall capital adequacy and to analyze how measures of internal capital adequacy compare with other capital measures (such as regulatory or accounting). Estimated Burden: OCC: Number of Respondents: 26. Estimated Burden per Respondent: 140 hours. Total Estimated Annual Burden: 3,640 hours. FDIC: Number of Respondents: 8. E:\FR\FM\09JNN1.SGM 09JNN1 33040 Federal Register / Vol. 79, No. 110 / Monday, June 9, 2014 / Notices Background Estimated Burden per Respondent: 420 hours. Total Estimated Annual Burden: 3,360 hours. Dated: June 3, 2014. Stuart E. Feldstein, Director, Legislative & Regulatory Activities Division, Office of the Comptroller of the Currency. Dated at Washington, DC, the 3rd day of June, 2014. By order of the Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2014–13417 Filed 6–6–14; 8:45 am] BILLING CODE 4810–33–P; 6714–01–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Publishing Additional Identifying Information Associated With Persons Whose Property and Interests in Property Are Blocked Pursuant to the Foreign Narcotics Kingpin Designation Act Office of Foreign Assets Control, Treasury. AGENCY: ACTION: Notice. The U.S. Department of the Treasury’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing additional identifying information associated with the names of three individuals identified by the President of the United States on May 30, 2014, whose property and interests in property have been blocked pursuant to the Foreign Narcotics Kingpin Designation Act (‘‘Kingpin Act’’) (21 U.S.C. §§ 1901–1908, 8 U.S.C. § 1182). SUMMARY: The President of the United States identified the three individuals in this notice pursuant to 21 U.S.C. 1903 (b)(1) of the Kingpin Act on May 30, 2014. DATES: FOR FURTHER INFORMATION CONTACT: Assistant Director, Sanctions Compliance & Evaluation, Office of Foreign Assets Control, U.S. Department of the Treasury, Washington, DC 20220, Tel: (202) 622–2490. ehiers on DSK2VPTVN1PROD with NOTICES SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability This document and additional information concerning OFAC are available on OFAC’s Web site at http:// www.treasury.gov/ofac or via facsimile through a 24-hour fax-on-demand service at (202) 622–0077. VerDate Mar<15>2010 15:08 Jun 06, 2014 Jkt 232001 The Kingpin Act became law on December 3, 1999. The Kingpin Act establishes a program targeting the activities of significant foreign narcotics traffickers and their organizations on a worldwide basis. It provides a statutory framework for the imposition of sanctions against significant foreign narcotics traffickers and their organizations on a worldwide basis, with the objective of denying their businesses and agents access to the U.S. financial system and the benefits of trade and transactions involving U.S. companies and individuals. The Kingpin Act blocks all property and interests in property, subject to U.S. jurisdiction, owned or controlled by significant foreign narcotics traffickers as identified by the President. In addition, the Secretary of the Treasury, in consultation with the Attorney General, the Director of the Central Intelligence Agency, the Director of the Federal Bureau of Investigation, the Administrator of the Drug Enforcement Administration, the Secretary of Defense, the Secretary of State, and the Secretary of Homeland Security may designate and block the property and interests in property, subject to U.S. jurisdiction, of persons who are found to be: (1) Materially assisting in, or providing financial or technological support for or to, or providing goods or services in support of, the international narcotics trafficking activities of a person designated pursuant to the Kingpin Act; (2) owned, controlled, or directed by, or acting for or on behalf of, a person designated pursuant to the Kingpin Act; or (3) playing a significant role in international narcotics trafficking. OFAC is publishing additional identifying information associated with the following three individuals the President of the United States identified on May 30, 2014, whose property and interest in property are blocked pursuant to Section 21 U.S.C. 1903 (b)(1) of the Kingpin Act: 1. BARROS, Francisco de Fatima Frederico (a.k.a. BARROS FREDERICO, Lucio Francisco de Fatima; a.k.a. ‘‘CHICO BARROS’’); DOB 13 May 1967; alt. DOB 06 Jun 1970; POB Praia, Cabo Verde; nationality Cabo Verde; citizen Cabo Verde; alt. citizen Guinea-Bissau; Passport I066302 (Cabo Verde); alt. Passport CA0120780 (Guinea-Bissau) issued 08 Apr 2006 expires 07 Apr 2009; National ID No. 16128971 (Cabo Verde) (individual) [SDNTK]. 2. NAVARRO CERRANO, Victor Ramon (a.k.a. ‘‘MEGATEO’’); DOB 25 Jan 1976; POB San Calixto, Norte de Santander, Colombia; citizen Colombia; Cedula No. 0088282754 (Colombia) (individual) [SDNTK]. PO 00000 Frm 00134 Fmt 4703 Sfmt 4703 3. SALAZAR UMANA, Jose Adan (a.k.a. ‘‘CHEPE DIABLO’’), Metapan, Santa Ana, El Salvador; DOB 16 Jun 1948; POB Metapan, El Salvador; nationality El Salvador; citizen El Salvador; National ID No. 02071606480022 (El Salvador) (individual) [SDNTK]. Dated: May 30, 2014. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2014–13347 Filed 6–6–14; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Information Collection; Comment Request Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Department of the Treasury, 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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 8957, Foreign Account Tax Compliance Act (FATCA) Registration, and Form 8966, FATCA Report. DATES: Written comments should be received on or before August 8, 2014 to be assured of consideration. ADDRESSES: Direct all written comments to Joe Durbala, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information, or copies of the information collection and instructions should be addressed to Allan Hopkins, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet, at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Form 8957, Application or Foreign Account Tax Compliance Act (FATCA) Registration, Form 8966, FATCA Report. OMB Number: 1545–2246. Form Numbers: 8957, 8966. Abstract: The IRS is developed these forms under the authority of IRC section 1471(b), which was added by PL 111– 47, section 501(a). Section 1471 is part of the new Foreign Account Tax Compliance Act (FATCA) legislative framework to obtain reporting from SUMMARY: E:\FR\FM\09JNN1.SGM 09JNN1

Agencies

[Federal Register Volume 79, Number 110 (Monday, June 9, 2014)]
[Notices]
[Pages 33039-33040]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-13417]



[[Page 33039]]

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities; Information Collection 
Renewal; Comment Request; Basel II Interagency Supervisory Guidance for 
the Supervisory Review Process

AGENCY: Office of the Comptroller of the Currency, Treasury (OCC) and 
Federal Deposit Insurance Corporation (FDIC) (collectively, the 
agencies).

ACTION: Notice.

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

SUMMARY: The agencies, as part of their continuing effort to reduce 
paperwork and respondent burden, invites the general public and other 
Federal agencies to comment on a continuing information collection, as 
required by the Paperwork Reduction Act of 1995 (PRA). An agency may 
not conduct or sponsor, and a respondent is not required to respond to, 
an information collection unless it displays a currently valid Office 
of Management and Budget (OMB) control number. The agencies are 
soliciting comment concerning the renewal of their information 
collection titled ``Basel II Interagency Supervisory Guidance for the 
Supervisory Review Process (Pillar 2).''

DATES: Comments must be received by August 8, 2014.

ADDRESSES: Comments should be addressed to:
    OCC: 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: 1557-0242, 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.
    FDIC: You may submit comments by any of the following methods:
     Agency Web site: http://www.fdic.gov/regulations/laws/federal/. Follow instructions for submitting comments on the Agency Web 
site.
     Email: Comments@FDIC.gov. Include ``Basel II Supervisory 
Guidance'' in the subject line of the message.
     Mail: Robert E. Feldman, Executive Secretary, Attention: 
Comments, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery/Courier: Guard station at the rear of the 
550 17th Street Building (located on F Street) on business days between 
7 a.m. and 5 p.m. (EST).
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Public Inspection: All comments received will be posted 
without change to http://www.fdic.gov/regulations/laws/federal 
including any personal information provided. Comments may be inspected 
and photocopied in the FDIC Public Information Center, 3501 North 
Fairfax Drive, Room E-1002, Arlington, VA 22226, between 9 a.m. and 5 
p.m. (EST) on business days. Paper copies of public comments may be 
ordered from the Public Information Center by telephone at (877) 275-
3342 or (703) 562-2200.

FOR FURTHER INFORMATION CONTACT: OCC: Johnny Vilela or Mary H. 
Gottlieb, OCC Clearance Officers, (202) 649-5490, for persons who are 
deaf or hard of hearing, TTY, (202) 649-5597, Legislative and 
Regulatory Activities Division, Office of the Comptroller of the 
Currency, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, 
Washington, DC 20219.
    FDIC: Leneta Gregorie, Counsel, (202) 898-3719, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, 
DC 20429.

SUPPLEMENTARY INFORMATION: In accordance with the requirements of the 
PRA, the Agencies may not conduct or sponsor, and the respondent is not 
required to respond to, an information collection unless it displays a 
currently valid OMB control number. The Agencies are requesting comment 
on a continuing information collection.
    Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the Agencies' 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;
    (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; and
    (e) Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Title of Information Collection: Basel II Interagency Supervisory 
Guidance for the Supervisory Review Process (Pillar 2).
    OMB Control Numbers:
    OCC: 1557-0242.
    FDIC: 3064-0165.
    Frequency of Response: Event-generated.
    Affected Public:
    OCC: National banks.
    FDIC: Insured state nonmember banks and certain subsidiaries of 
these entities.
    Abstract: The agencies issued a supervisory guidance document for 
implementing the supervisory review process (Pillar 2). The guidance 
was issued on July 31, 2008 (73 FR 44620).
    Sections 37, 41, 43, and 46 of the guidance impose information 
collection requirements. Section 37 states that banks should state 
clearly the definition of capital used in any aspect of its internal 
capital adequacy assessment process (ICAAP) and document any changes in 
the internal definition of capital. Section 41 requires banks to 
maintain thorough documentation of ICAAP. Section 43 specifies that 
boards of directors must approve the bank's ICAAP, review it on a 
regular basis, and approve any changes. Boards of directors also are 
required under section 46 to periodically review the assessment of 
overall capital adequacy and to analyze how measures of internal 
capital adequacy compare with other capital measures (such as 
regulatory or accounting).
    Estimated Burden:
    OCC:
    Number of Respondents: 26.
    Estimated Burden per Respondent: 140 hours.
    Total Estimated Annual Burden: 3,640 hours.
    FDIC:
    Number of Respondents: 8.

[[Page 33040]]

    Estimated Burden per Respondent: 420 hours.
    Total Estimated Annual Burden: 3,360 hours.

    Dated: June 3, 2014.
Stuart E. Feldstein,
Director, Legislative & Regulatory Activities Division, Office of the 
Comptroller of the Currency.
    Dated at Washington, DC, the 3rd day of June, 2014.

    By order of the Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2014-13417 Filed 6-6-14; 8:45 am]
BILLING CODE 4810-33-P; 6714-01-P