Proposed Agency Information Collection Activities; Comment Request, 34751-34753 [2014-14208]

Download as PDF Federal Register / Vol. 79, No. 117 / Wednesday, June 18, 2014 / Notices Rankin Road, Suite 100, Houston, TX 77073, Officers: Jacob Mathew, Managing Member (QI), Jitendra Prasad, Managing Member, Application Type: New NVO & OFF License. By the Commission. Dated: June 13, 2014. Karen V. Gregory, Secretary. [FR Doc. 2014–14257 Filed 6–17–14; 8:45 am] Emogene Johnson, Administrative Assistant. BILLING CODE 6730–01–P [FR Doc. 2014–14322 Filed 6–16–14; 11:15 am] FEDERAL MARITIME COMMISSION BILLING CODE 6735–01–P Notice of Request for Additional Information The Commission gives notice that it has formally requested that the parties to the below listed agreement provide additional information pursuant to 46 U.S.C. 40304(d). This action prevents the agreement from becoming effective as originally scheduled. Interested parties may file comments within fifteen (15) days after publication of this notice in the Federal Register. Agreement No.: 012274. Title: OVSA/PIL Space Charter Agreement. Parties: Hamburg Sud; Hapag-Lloyd AG; CMA CGM S.A./ANL Singapore Pte Ltd. (acting as a single party); and Pacific International Lines (Pte) Ltd. Dated: June 13, 2014. By Order of the Federal Maritime Commission. Karen V. Gregory, Secretary. [FR Doc. 2014–14255 Filed 6–17–14; 8:45 am] BILLING CODE P FEDERAL MINE SAFETY AND HEALTH REVIEW COMMISSION Sunshine Act Meeting Notice June 13, 2014. 1:00 p.m., Thursday, June 26, 2014. PLACE: The Richard V. Backley Hearing Room, Room 511N, 1331 Pennsylvania Avenue NW., Washington, DC 20004 (entry from F Street entrance). STATUS: Open. MATTERS TO BE CONSIDERED: The Commission will consider and act upon the following in open session: Secretary of Labor v. Tilden Mining Co., LC, Docket No. LAKE 2008–503–M. (Issues include whether a standard requiring periodic continuity and resistance testing of grounding systems applies to extension cords and power cords.) emcdonald on DSK67QTVN1PROD with NOTICES TIME AND DATE: VerDate Mar<15>2010 16:35 Jun 17, 2014 Any person attending this meeting who requires special accessibility features and/or auxiliary aids, such as sign language interpreters, must inform the Commission in advance of those needs. Subject to 29 CFR 2706.150(a)(3) and 2706.160(d). CONTACT PERSON FOR MORE INFO: Jean Ellen (202) 434–9950/(202) 708–9300 for TDD Relay/1–800–877–8339 for toll free. Jkt 232001 FEDERAL MINE SAFETY AND HEALTH REVIEW COMMISSION Sunshine Act Meeting Notice June 13, 2014. 10:00 a.m., Thursday, June 26, 2014. PLACE: The Richard V. Backley Hearing Room, Room 511N, 1331 Pennsylvania Avenue NW., Washington, DC 20004 (entry from F Street entrance). STATUS: Open. MATTERS TO BE CONSIDERED: The Commission will hear oral argument in the matter Secretary of Labor v. Tilden Mining Co., LC, Docket No. LAKE 2008– 503–M. (Issues include whether a standard requiring periodic continuity and resistance testing of grounding systems applies to extension cords and power cords.) Any person attending this oral argument who requires special accessibility features and/or auxiliary aids, such as sign language interpreters, must inform the Commission in advance of those needs. Subject to 29 CFR 2706.150(a)(3) and 2706.160(d). CONTACT PERSON FOR MORE INFO: Jean Ellen (202) 434–9950/(202) 708–9300 for TDD Relay/1–800–877–8339 for toll free. TIME AND DATE: Emogene Johnson, Administrative Assistant. [FR Doc. 2014–14321 Filed 6–16–14; 11:15 am] BILLING CODE 6735–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request 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 AGENCY: PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 34751 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 part 1320 Appendix A.1. 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 instruments 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. DATES: Comments must be submitted on or before August 18, 2014. You may submit comments, identified by FR 3075, by any of the following methods: • Agency Web site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Email: regs.comments@ federalreserve.gov. Include OMB number in the subject line of the message. • FAX: (202) 452–3819 or (202) 452– 3102. • Mail: Robert deV. Frierson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW., Washington, DC 20551. All public comments are available from the Board’s Web site at http:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room MP–500 of the Board’s Martin Building (20th and C Streets NW.) between 9:00 a.m. and 5:00 p.m. on weekdays. Additionally, commenters may send a copy of their comments to the OMB Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235 ADDRESSES: E:\FR\FM\18JNN1.SGM 18JNN1 34752 Federal Register / Vol. 79, No. 117 / Wednesday, June 18, 2014 / Notices 725 17th Street NW., Washington, DC 20503 or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files, once approved. These documents will also be made available on the Federal Reserve Board’s public Web site at: http:// www.federalreserve.gov/apps/ reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below. 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. SUPPLEMENTARY INFORMATION: emcdonald on DSK67QTVN1PROD with NOTICES Request for Comment on Information Collection Proposal The following information collection, which is being handled under this delegated authority, has received initial Board approval and is hereby published for comment. At the end of the comment period, the proposed information collection, along with an analysis of comments and recommendations received, will be submitted to the Board for final approval under OMB delegated authority. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Federal Reserve’s functions; including whether the information has practical utility; b. The accuracy of the Federal Reserve’s estimate of the burden of the proposed 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 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. Proposal To Approve Under OMB Delegated Authority the Implementation of the Following Report Report title: Policy Impact Survey. VerDate Mar<15>2010 16:35 Jun 17, 2014 Jkt 232001 Agency form number: FR 3075. OMB control number: 7100-to be assigned. Frequency: On occasion. Reporters: Bank holding companies (BHCs) (and their subsidiaries), savings and loan holding companies (SLHCs), non-BHC/SLHC systemically important financial institutions (SIFIs), the combined domestic operations of certain foreign banking organizations (FBOs), state member banks (SMBs), Edge and agreement corporations, and U.S. branches and agencies for foreign banks authorized under specific statutes noted below. Estimated annual reporting hours: 58,500 hours. Estimated average hours per response: 60 hours. Estimated number of respondents: 65. General description of report: This information collection is generally authorized under sections 2A and 12A of the Federal Reserve Act. Section 2A requires that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee (FOMC) maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates. 12 U.S.C. 225a. In addition, under section 12A of the Federal Reserve Act, the FOMC is required to implement regulations relating to the open market operations conducted by Federal Reserve Banks with a view to accommodating commerce and business and with regard to the regulations’ bearing upon the general credit situation of the country. 12 U.S.C. 263. The authority of the Federal Reserve to collect economic data to carry out the requirements of these provisions is implicit. Accordingly, the Federal Reserve is authorized to use the FR 3075 by sections 2A and 12A of the Federal Reserve Act. Additionally, depending upon the survey respondent, the information collection may be authorized under a more specific statute. Specifically, the Board is authorized to collect information from: BHCs (and their subsidiaries) under section 5(c) of the Bank Holding Company Act (12 U.S.C. 1844(c)); SLHCs under section 10(b)(2) of the Home Owners Loan Act (12 U.S.C. 1467a(b)(2)); non-BHC/SLHC SIFIs under section 161(a) of the DoddFrank Act (12 U.S.C. 5361(a)); the combined domestic operations of certain FBOs under section 8(a) of the International Banking Act of 1978 (12 U.S.C. 3106(a)) and section 5(c) of the PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 Bank Holding Company Act (12 U.S.C. 1844(c)); SMBs under section 9 of the Federal Reserve Act (12 U.S.C. 324); Edge and agreement corporations under sections 25 and 25A of the Federal Reserve Act (12 U.S.C. 602 and 625) and U.S. branches and agencies of foreign banks under section 7(c)(2) of the International Banking Act of 1978 (12 U.S.C. 3105(c)(2) and under section 7(a) of the Federal Deposit Insurance Act (12 U.S.C. 1817(a)). The Federal Reserve expects the majority of surveys to be conducted on a voluntary basis. However, with respect to collections of information from BHCs (and their subsidiaries), SLHCs, nonBHC/SLHC SIFIs, the combined domestic operations of certain foreign banking organizations, state member banks, Edge and agreement corporations, and U.S. branches and agencies for foreign banks authorized under the specific statutes noted above, the Federal Reserve could make the obligation to respond mandatory. The ability of the Federal Reserve to maintain the confidentiality of information provided by respondents to the FR 3075 surveys will have to be determined on a case-by-case basis depending on the type of information provided for a particular survey. Depending upon the survey questions, confidential treatment may be warranted under exemptions 4, 6, and 8 of the Freedom of Information Act (FOIA). Exemption 4 protects from disclosure trade secrets and commercial or financial information, while exemption 6 protects information ‘‘the disclosure of which would constitute a clearly unwarranted invasion of personal privacy.’’ See 5 U.S.C. 552(b)(4) and (b)(6). If the survey is mandatory and is undertaken as part of the supervisory process, information could be protected under FOIA exemption 8, which protects information relating to examination reports. 5 U.S.C. 552(b)(8). Abstract: The Federal Reserve proposes to implement FR 3075, which would collect information from select institutions regulated by the Federal Reserve in order to assess the effects of proposed, pending, or recently-adopted policy changes at the domestic and international levels. For example, the survey would collect information used for certain qualitative impact studies (QISs) sponsored by bodies such as the Basel Committee on Banking Supervision and the Financial Stability Board. Recent QISs have included the Basel III monitoring exercise, which monitors the global impact of the Basel E:\FR\FM\18JNN1.SGM 18JNN1 Federal Register / Vol. 79, No. 117 / Wednesday, June 18, 2014 / Notices III framework,1 and the global systemically important bank exercise, which assesses a firm’s systemic risk profile.2 Since the collected data may change from survey to survey, there would be no fixed reporting form. The data submission timeline for each survey would be determined prior to the distribution of the survey materials. In soliciting participation, the Federal Reserve would explain to respondents the purpose of the survey and how the data would be used. While the number of respondents may fluctuate between surveys, the survey would be conducted up to 15 times per year. Board of Governors of the Federal Reserve System, June 12, 2014. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2014–14208 Filed 6–17–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request 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 part 1320 Appendix A.1. 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 instruments 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. DATES: Comments must be submitted on or before August 18, 2014. ADDRESSES: You may submit comments, identified by FR Y–7Q, by any of the following methods: emcdonald on DSK67QTVN1PROD with NOTICES AGENCY: 1 For more information on the Basel III monitoring exercise, see www.bis.org/bcbs/qis/. 2 For more information on the G–SIB exercise, see www.bis.org/bcbs/gsib/. VerDate Mar<15>2010 16:35 Jun 17, 2014 Jkt 232001 • Agency Web site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Email: regs.comments@ federalreserve.gov. Include OMB number in the subject line of the message. • FAX: (202) 452–3819 or (202) 452– 3102. • Mail: Robert deV. Frierson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW., Washington, DC 20551. All public comments are available from the Board’s Web site at http:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room MP–500 of the Board’s Martin Building (20th and C Streets NW.) between 9:00 a.m. and 5:00 p.m. on weekdays. Additionally, commenters may send a copy of their comments to the OMB Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235 725 17th Street NW., Washington, DC 20503 or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files, once approved. These documents will also be made available on the Federal Reserve Board’s public Web site at: http:// www.federalreserve.gov/apps/ reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below. 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. SUPPLEMENTARY INFORMATION: Request for Comment on Information Collection Proposal The following information collection, which is being handled under this PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 34753 delegated authority, has received initial Board approval and is hereby published for comment. At the end of the comment period, the proposed information collection, along with an analysis of comments and recommendations received, will be submitted to the Board for final approval under OMB delegated authority. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Federal Reserve’s functions; including whether the information has practical utility; b. The accuracy of the Federal Reserve’s estimate of the burden of the proposed 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 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. Proposal To Approve Under OMB Delegated authority the Revision of the Following Report Report title: Capital and Asset Report for Foreign Banking Organizations. Agency form number: FR Y–7Q. OMB control number: 7100–0125.1 Frequency: Quarterly and annually. Reporters: Foreign Banking Organizations (FBOs). Estimated annual reporting hours: FR Y–7Q (quarterly): 763 hours; FR Y–7Q (annually): 65 hours. Estimated average hours per response: FR Y–7Q (quarterly): 1.75 hours; FR Y– 7Q (annually): 1.5 hours. Number of respondents: FR Y–7Q (quarterly): 109; FR Y–7Q (annually): 43. General description of report: This information collection is mandatory pursuant to Section 5(c) of the Bank Holding Company Act (12 U.S.C. 1844(c)) and sections 8(c) and 13 of the International Banking Act (12 U.S.C. 3106(c) and 3108)). Overall, the Federal Reserve does not consider these data to be confidential. However, individual respondents may request confidential 1 Also included in this family of reports are the following reports, which are not being revised: the Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y–7N) and the Abbreviated Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y–7NS). E:\FR\FM\18JNN1.SGM 18JNN1

Agencies

[Federal Register Volume 79, Number 117 (Wednesday, June 18, 2014)]
[Notices]
[Pages 34751-34753]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-14208]


=======================================================================
-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: 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 part 1320 
Appendix A.1. 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 instruments 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.

DATES: Comments must be submitted on or before August 18, 2014.

ADDRESSES: You may submit comments, identified by FR 3075, by any of 
the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: regs.comments@federalreserve.gov. Include OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Robert deV. Frierson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room MP-
500 of the Board's Martin Building (20th and C Streets NW.) between 
9:00 a.m. and 5:00 p.m. on weekdays.
    Additionally, commenters may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed--Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 10235

[[Page 34752]]

725 17th Street NW., Washington, DC 20503 or by fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files, once approved. These documents will also be made 
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    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.

SUPPLEMENTARY INFORMATION: 

Request for Comment on Information Collection Proposal

    The following information collection, which is being handled under 
this delegated authority, has received initial Board approval and is 
hereby published for comment. At the end of the comment period, the 
proposed information collection, along with an analysis of comments and 
recommendations received, will be submitted to the Board for final 
approval under OMB delegated authority. Comments are invited on the 
following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the proposed 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 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.

Proposal To Approve Under OMB Delegated Authority the Implementation of 
the Following Report

    Report title: Policy Impact Survey.
    Agency form number: FR 3075.
    OMB control number: 7100-to be assigned.
    Frequency: On occasion.
    Reporters: Bank holding companies (BHCs) (and their subsidiaries), 
savings and loan holding companies (SLHCs), non-BHC/SLHC systemically 
important financial institutions (SIFIs), the combined domestic 
operations of certain foreign banking organizations (FBOs), state 
member banks (SMBs), Edge and agreement corporations, and U.S. branches 
and agencies for foreign banks authorized under specific statutes noted 
below.
    Estimated annual reporting hours: 58,500 hours.
    Estimated average hours per response: 60 hours.
    Estimated number of respondents: 65.
    General description of report: This information collection is 
generally authorized under sections 2A and 12A of the Federal Reserve 
Act. Section 2A requires that the Board of Governors of the Federal 
Reserve System and the Federal Open Market Committee (FOMC) maintain 
long run growth of the monetary and credit aggregates commensurate with 
the economy's long run potential to increase production, so as to 
promote effectively the goals of maximum employment, stable prices, and 
moderate long-term interest rates. 12 U.S.C. 225a. In addition, under 
section 12A of the Federal Reserve Act, the FOMC is required to 
implement regulations relating to the open market operations conducted 
by Federal Reserve Banks with a view to accommodating commerce and 
business and with regard to the regulations' bearing upon the general 
credit situation of the country. 12 U.S.C. 263. The authority of the 
Federal Reserve to collect economic data to carry out the requirements 
of these provisions is implicit. Accordingly, the Federal Reserve is 
authorized to use the FR 3075 by sections 2A and 12A of the Federal 
Reserve Act.
    Additionally, depending upon the survey respondent, the information 
collection may be authorized under a more specific statute. 
Specifically, the Board is authorized to collect information from: BHCs 
(and their subsidiaries) under section 5(c) of the Bank Holding Company 
Act (12 U.S.C. 1844(c)); SLHCs under section 10(b)(2) of the Home 
Owners Loan Act (12 U.S.C. 1467a(b)(2)); non-BHC/SLHC SIFIs under 
section 161(a) of the Dodd-Frank Act (12 U.S.C. 5361(a)); the combined 
domestic operations of certain FBOs under section 8(a) of the 
International Banking Act of 1978 (12 U.S.C. 3106(a)) and section 5(c) 
of the Bank Holding Company Act (12 U.S.C. 1844(c)); SMBs under section 
9 of the Federal Reserve Act (12 U.S.C. 324); Edge and agreement 
corporations under sections 25 and 25A of the Federal Reserve Act (12 
U.S.C. 602 and 625) and U.S. branches and agencies of foreign banks 
under section 7(c)(2) of the International Banking Act of 1978 (12 
U.S.C. 3105(c)(2) and under section 7(a) of the Federal Deposit 
Insurance Act (12 U.S.C. 1817(a)).
    The Federal Reserve expects the majority of surveys to be conducted 
on a voluntary basis. However, with respect to collections of 
information from BHCs (and their subsidiaries), SLHCs, non-BHC/SLHC 
SIFIs, the combined domestic operations of certain foreign banking 
organizations, state member banks, Edge and agreement corporations, and 
U.S. branches and agencies for foreign banks authorized under the 
specific statutes noted above, the Federal Reserve could make the 
obligation to respond mandatory.
    The ability of the Federal Reserve to maintain the confidentiality 
of information provided by respondents to the FR 3075 surveys will have 
to be determined on a case-by-case basis depending on the type of 
information provided for a particular survey. Depending upon the survey 
questions, confidential treatment may be warranted under exemptions 4, 
6, and 8 of the Freedom of Information Act (FOIA). Exemption 4 protects 
from disclosure trade secrets and commercial or financial information, 
while exemption 6 protects information ``the disclosure of which would 
constitute a clearly unwarranted invasion of personal privacy.'' See 5 
U.S.C. 552(b)(4) and (b)(6). If the survey is mandatory and is 
undertaken as part of the supervisory process, information could be 
protected under FOIA exemption 8, which protects information relating 
to examination reports. 5 U.S.C. 552(b)(8).
    Abstract: The Federal Reserve proposes to implement FR 3075, which 
would collect information from select institutions regulated by the 
Federal Reserve in order to assess the effects of proposed, pending, or 
recently-adopted policy changes at the domestic and international 
levels. For example, the survey would collect information used for 
certain qualitative impact studies (QISs) sponsored by bodies such as 
the Basel Committee on Banking Supervision and the Financial Stability 
Board. Recent QISs have included the Basel III monitoring exercise, 
which monitors the global impact of the Basel

[[Page 34753]]

III framework,\1\ and the global systemically important bank exercise, 
which assesses a firm's systemic risk profile.\2\ Since the collected 
data may change from survey to survey, there would be no fixed 
reporting form. The data submission timeline for each survey would be 
determined prior to the distribution of the survey materials. In 
soliciting participation, the Federal Reserve would explain to 
respondents the purpose of the survey and how the data would be used. 
While the number of respondents may fluctuate between surveys, the 
survey would be conducted up to 15 times per year.
---------------------------------------------------------------------------

    \1\ For more information on the Basel III monitoring exercise, 
see www.bis.org/bcbs/qis/.
    \2\ For more information on the G-SIB exercise, see www.bis.org/bcbs/gsib/.

    Board of Governors of the Federal Reserve System, June 12, 2014.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2014-14208 Filed 6-17-14; 8:45 am]
BILLING CODE 6210-01-P