Agency Information Collection Activities: Proposed Collection Renewal; Comment Request (3064-0179), 6711-6712 [2015-02423]

Download as PDF Federal Register / Vol. 80, No. 25 / Friday, February 6, 2015 / Notices services, and for new or amended payphone services. If the BOC receives a good faith request for a plan from someone who does not have Internet access, the BOC must notify that person where a paper copy of the plan is available for public inspection. The CEI plans will be used to ensure that BOCs comply with Commission policies and regulations safeguarding against potential anticompetitive behavior by the BOCs in the provision of information services. Federal Communications Commission. Sheryl D. Todd, Deputy Secretary, Office of the Secretary, Office of the Managing Director. [FR Doc. 2015–02412 Filed 2–5–15; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Proposed Collection Renewal; Comment Request (3064– 185) Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: The FDIC, 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 the renewal of an existing information collection, as required by the Paperwork Reduction Act of 1995. Currently, the FDIC is soliciting comment on renewal of the information collection described below. DATES: Comments must be submitted on or before April 7, 2015. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods: • https://www.FDIC.gov/regulations/ laws/federal/. • Email: comments@fdic.gov Include the name of the collection in the subject line of the message. • Mail: Gary A. Kuiper, Counsel, (202.898.3877), or John Popeo, Counsel, (202.898.6923), MB–3007, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. Hand Delivery: Comments may be handdelivered 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 asabaliauskas on DSK5VPTVN1PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:52 Feb 05, 2015 Jkt 235001 6711 to the OMB desk officer for the FDIC: Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper or John Popeo, at the FDIC address above. SUPPLEMENTARY INFORMATION: realized by the institution’s creditors. The Rule is intended to address the continuing exposure of the banking industry to the risks of insolvency of large and complex insured depository institutions, an exposure that can be mitigated with proper resolution planning. Proposal To Renew the Following Currently-Approved Collection of Information Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the information collection on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. 1. Title: Resolution Plans Required for Insured Depository Institutions With $50 Billion or More in Total Assets. OMB Number: 3064–0185. Affected Public: Large and highly complex depository institutions. A. Estimated Number of Respondents for Contingent Resolution Plan: 37. Frequency of Response: Once. Estimated Time per Response: 7,200 hours per respondent. Estimated Total Burden: 266,400 hours. B. Estimated Number of Respondents for Annual Update of Resolution Plan: 37. Frequency of Response: Annual. Estimated Time per Response: 452 hours per respondent. Estimated Total Burden: 16,724 hours. C. Estimated Number of Respondents for Notice of Material Change Affecting Resolution Plan: 37. Frequency of Response: Zero to two times annually. Estimated Time per Response: 226 hours per respondent. Estimated Total Burden: 8,362 hours. General Description of Collection: This Rule requires an insured depository institution with $50 billion or more in total assets to submit periodically to the FDIC a contingent plan for the resolution of such institution in the event of its failure (’’Resolution Plan’’). This Rule created the requirements for submission and content of a Resolution Plan, as well as procedures for review by the FDIC. The Rule requires a covered insured depository institution (CIDI) to submit a Resolution Plan that should enable the FDIC, as receiver, to resolve the institution under Sections 11 and 13 of the Federal Deposit Insurance Act, 12 U.S.C. 1821 and 1823, in a manner that ensures that depositors receive access to their insured deposits within one business day of the institution’s failure (two business days if the failure occurs on a day other than Friday), maximizes the net present value return from the sale or disposition of its assets and minimizes the amount of any loss to be PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 Request for Comment Dated at Washington, DC, this 3rd day of February 2015. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2015–02424 Filed 2–5–15; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Proposed Collection Renewal; Comment Request (3064– 0179) Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: The FDIC, 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 the renewal of an existing information collection, as required by the Paperwork Reduction Act of 1995. Currently, the FDIC is soliciting comment on renewal of the information collection described below. DATES: Comments must be submitted on or before April 7, 2015. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods: • https://www.FDIC.gov/regulations/ laws/federal/. SUMMARY: E:\FR\FM\06FEN1.SGM 06FEN1 6712 Federal Register / Vol. 80, No. 25 / Friday, February 6, 2015 / Notices • Email: comments@fdic.gov Include the name of the collection in the subject line of the message. • Mail: Gary A. Kuiper, Counsel, (202.898.3877), or John Popeo, Counsel, (202.898.6923), MB–3007, 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. FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper or John Popeo, at the FDIC address above. SUPPLEMENTARY INFORMATION: asabaliauskas on DSK5VPTVN1PROD with NOTICES Proposal To Renew the Following Currently-Approved Collection of Information 1. Title: Assessment Rate Adjustment Guidelines for Large and Highly Complex Institutions. OMB Number: 3064–0179. Affected Public: Large and highly complex depository institutions. Estimated Number of Respondents: 11. Estimated Time per Response: 80 hours. Frequency of Response: Annual. Estimated Total Annual Burden: 880 hours. Total Annual Burden: 880 hours. General Description of Collection: These guidelines established process through which large and highly complex depository institutions could request a deposit insurance assessment rate adjustment from the FDIC. Request for Comment Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the information collection on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. VerDate Sep<11>2014 18:52 Feb 05, 2015 Jkt 235001 Dated at Washington, DC, this 3rd day of February 2015. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2015–02423 Filed 2–5–15; 8:45 am] BILLING CODE 6714–01–P FEDERAL HOUSING FINANCE AGENCY [No. 2015–N–01] Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions Federal Housing Finance Agency. ACTION: Notice. AGENCY: The Federal Housing Finance Agency (FHFA) has adjusted the cap on average total assets that defines a ‘‘Community Financial Institution’’ to $1,123,000,000, based on the annual percentage increase in the Consumer Price Index for all urban consumers (CPI–U) as published by the Department of Labor (DOL). These changes took effect on January 1, 2015. FOR FURTHER INFORMATION CONTACT: Amy Tran, Division of Federal Home Loan Bank Regulation, (202) 649–3319, Amy.Tran@fhfa.gov, or Eric M. Raudenbush, Assistant General Counsel, (202) 649–3084, Eric.Raudenbush@ fhfa.gov, (not toll-free numbers), Federal Housing Finance Agency, Constitution Center, 400 Seventh Street SW., Washington, DC 20024. SUPPLEMENTARY INFORMATION: SUMMARY: I. Statutory and Regulatory Background The Federal Home Loan Bank Act (Bank Act) confers upon insured depository institutions that meet the statutory definition of a ‘‘Community Financial Institution’’ (CFI) certain advantages over non-CFI insured depository institutions in qualifying for Federal Home Loan Bank (Bank) membership, and in the purposes for which they may receive long-term advances and the collateral they may pledge to secure advances.1 Section 2(10)(A) of the Bank Act and § 1263.1 of FHFA’s regulations define a CFI as any Bank member the deposits of which are insured by the Federal Deposit Insurance Corporation and that has average total assets below a statutory cap.2 The Bank Act was amended in 2008 to set the statutory cap at $1 1 See 12 U.S.C. 1424(a), 1430(a). 2 See 12 U.S.C. 1422(10)(A); 12 CFR 1263.1. PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 billion and to require the Director of FHFA to adjust the cap annually to reflect the percentage increase in the CPI–U, as published by the DOL, for the prior year.3 For 2014, FHFA set the CFI asset cap at $1,108,000,000, which reflected a 1.2 percent increase over 2013, based upon the increase in the CPI–U between 2012 and 2013.4 II. The CFI Asset Cap for 2015 As of January 1, 2015, FHFA has increased the CFI asset cap from $1,108,000,000 to $1,123,000,000, which reflects a 1.3 percent increase in the unadjusted CPI–U from November 2013 to November 2014. The new amount was obtained by rounding to the nearest million, as has been the practice for all prior adjustments. Consistent with the practice of other Federal agencies, FHFA bases the annual adjustment to the CFI asset cap on the percentage increase in the CPI–U from November of the year prior to the preceding calendar year to November of the preceding calendar year, because the November figures represent the most recent available data as of January 1st of the current calendar year. In calculating the CFI asset cap, FHFA uses CPI–U data that have not been seasonally adjusted (i.e., the data have not been adjusted to remove the estimated effect of price changes that normally occur at the same time and in about the same magnitude every year). The DOL encourages use of unadjusted CPI–U data in applying ‘‘escalation’’ provisions such as that governing the CFI asset cap, because the factors that are used to seasonally adjust the data are amended annually, and seasonally adjusted data that are published earlier are subject to revision for up to five years following their original release. Unadjusted data are not routinely subject to revision, and previously published unadjusted data are only corrected when significant calculation errors are discovered. Dated: January 27, 2015. Melvin L. Watt, Director, Federal Housing Finance Agency. [FR Doc. 2015–02402 Filed 2–5–15; 8:45 am] BILLING CODE 8070–01–P FEDERAL MARITIME COMMISSION Sunshine Act Meeting AGENCY: Federal Maritime Commission. February 11, 2015; 10:00 TIME AND DATE: a.m. 3 See 12 U.S.C. 1422(10); 12 CFR 1263.1 (defining the term CFI asset cap). 4 See 79 FR 1862 (Jan. 10, 2014). E:\FR\FM\06FEN1.SGM 06FEN1

Agencies

[Federal Register Volume 80, Number 25 (Friday, February 6, 2015)]
[Notices]
[Pages 6711-6712]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-02423]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewal; Comment Request (3064-0179)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

SUMMARY: The FDIC, 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 the renewal of an 
existing information collection, as required by the Paperwork Reduction 
Act of 1995. Currently, the FDIC is soliciting comment on renewal of 
the information collection described below.

DATES: Comments must be submitted on or before April 7, 2015.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal/.

[[Page 6712]]

     Email: comments@fdic.gov Include the name of the 
collection in the subject line of the message.
     Mail: Gary A. Kuiper, Counsel, (202.898.3877), or John 
Popeo, Counsel, (202.898.6923), MB-3007, 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.

FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper or John Popeo, at the 
FDIC address above.

SUPPLEMENTARY INFORMATION:

Proposal To Renew the Following Currently-Approved Collection of 
Information

    1. Title: Assessment Rate Adjustment Guidelines for Large and 
Highly Complex Institutions.
    OMB Number: 3064-0179.
    Affected Public: Large and highly complex depository institutions.
    Estimated Number of Respondents: 11.
    Estimated Time per Response: 80 hours.
    Frequency of Response: Annual.
    Estimated Total Annual Burden: 880 hours.
    Total Annual Burden: 880 hours.
    General Description of Collection: These guidelines established 
process through which large and highly complex depository institutions 
could request a deposit insurance assessment rate adjustment from the 
FDIC.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the information collection, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the burden of the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology. All 
comments will become a matter of public record.

    Dated at Washington, DC, this 3rd day of February 2015.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-02423 Filed 2-5-15; 8:45 am]
BILLING CODE 6714-01-P
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