Proposed Agency Information Collection Activities; Comment Request, 19986-19988 [2015-08406]

Download as PDF 19986 Federal Register / Vol. 80, No. 71 / Tuesday, April 14, 2015 / Notices Gary A. Kuiper or John Popeo, at the FDIC address above. SUPPLEMENTARY INFORMATION: Proposal to renew the following currentlyapproved collections 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. General Description of Collection: These guidelines established a process through which large and highly complex depository institutions could request a deposit insurance assessment rate adjustment from the FDIC. 2. 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: 16,724 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’’). The Rule requires a covered insured depository institution to submit a Resolution Plan that enables the FDIC, as receiver, to resolve the institution under sections 11 and 13 of the Federal Deposit Insurance Act, 12 asabaliauskas on DSK5VPTVN1PROD with NOTICES FOR FURTHER INFORMATION CONTACT: VerDate Sep<11>2014 17:42 Apr 13, 2015 Jkt 235001 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 realized by the institution’s creditors. The Rule seeks 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. Request for Comment Comments are invited on: (a) Whether the collections of information are 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 collections, 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 collections 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 8th day of April 2015. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2015–08445 Filed 4–13–15; 8:45 am] BILLING CODE 6714–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. SUMMARY: On June 15, 1984, Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its authority under the Paperwork Reduction Act (PRA), to approve and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the AGENCY: PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 PRA Submission, supporting statements, and approved collection of information instruments are placed into OMB’s public docket files. The Board 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, 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 June 15, 2015. ADDRESSES: You may submit comments, identified by FR 2064, FR 3051, or FR 4202, 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 3515, 1801 K Street (between 18th and 19th Streets NW.) Washington, DC 20006 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 E:\FR\FM\14APN1.SGM 14APN1 Federal Register / Vol. 80, No. 71 / Tuesday, April 14, 2015 / Notices requested from the agency clearance officer, whose name appears below. Federal Reserve Board Acting Clearance Officer—Mark Tokarski— 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 Proposals The following information collections, which are being handled under this delegated authority, have received initial Board approval and are hereby published for comment. At the end of the comment period, the proposed information collections, 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 Board’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. asabaliauskas on DSK5VPTVN1PROD with NOTICES Proposal To Approve Under OMB Delegated Authority the Extension for Three Years, Without Revision, of the Following Reports 1. Report title: Recordkeeping Requirements Associated with Changes in Foreign Investments (Made Pursuant to Regulation K). Agency form number: FR 2064. OMB control number: 7100–0109. Frequency: On-occasion. Reporters: State member banks, Edge Act and agreement corporations, and bank holding companies. Estimated annual reporting hours: 160 hours. VerDate Sep<11>2014 17:42 Apr 13, 2015 Jkt 235001 Estimated average hours per response: 2 hours. Number of respondents: 20. General description of report: The recordkeeping requirements of this information collection are mandatory under section 5(c) of the BHC Act (12 U.S.C. 1844(c)); sections 7 and 13(a) of the International Banking Act of 1978 (12 U.S.C. 3105 and 3108(a)); section 25 of the Federal Reserve Act (FRA) (12 U.S.C. 601–604a); section 25A of the FRA (12 U.S.C. 611–631); and Regulation K (12 CFR 211.8(c)– 211.10(a)). Since the Federal Reserve does not collect any records, no issue of confidentiality under the Freedom of Information Act (FOIA) arises. FOIA will only be implicated if the Federal Reserve’s examiners retain a copy of the records in their examination or supervision of the institution, and would be exempt from disclosure pursuant to FOIA (5 U.S.C. 552(b)(4), (b)(6), and (b)(8)). Abstract: Internationally active U.S banking organizations are required to maintain adequate internal records that demonstrate compliance with the investment provisions contained in Subpart A of International Banking Operations (Regulation K). For each investment made under Subpart A of Regulation K, internal records should be maintained regarding the type of investment, for example, equity (voting shares, nonvoting shares, partnerships, interests conferring ownership rights, participating loans), binding commitments, capital contributions, and subordinated debt; the amount of the investment; the percentage ownership; activities conducted by the company and the legal authority for such activities; and whether the investment was made under general consent, prior notice, or specific consent authority. With respect to investments made under general consent authority, information also must be maintained that demonstrates compliance with the various limits set out in section 211.9 of Regulation K. 2. Report title: Microeconomic Survey. Agency form number: FR 3051. OMB control number: 7100–0321. Frequency: Annually and monthly, as needed. Reporters: Individuals, households, and financial and non-financial businesses. Estimated annual reporting hours: Annual survey, 6,000 hours; Monthly survey, 18,000 hours. Estimated average hours per response: Annual survey, 60 minutes; Monthly survey, 30 minutes. PO 00000 Frm 00033 Fmt 4703 Sfmt 4703 19987 Number of respondents: Annual survey, 6,000; Monthly survey, 3,000. General description of report: This information collection is voluntary and is authorized by sections 2A and 12A of the Federal Reserve Act (12 U.S.C. 225A and 263). If needed, the Federal Reserve can make this survey mandatory for Federal Reserve regulated institutions under section 9 of the Federal Reserve Act (12 U.S.C. 324) for state member banks; section 5(c) of the Bank Holding Company Act (12 U.S.C. 1844(c)) for bank holding companies and their subsidiaries; sections 25 and 25(A) of the Federal Reserve Act (12 U.S.C. 602 and 625) for Edge and agreement corporations; and section 7(c)(2) of the International Banking Act of 1978 (12 U.S.C. 3105(c)(2)) for U.S. branches and agencies of foreign banks. If the FR 3051 survey information is collected with a pledge of confidentiality for exclusively statistical purposes under Confidential Information Protection and Statistical Efficiency Act (CIPSEA), the information may not be disclosed by the Federal Reserve (or its contractor) in identifiable form, except with the informed consent of the respondent (CIPSEA 512(b), codified in notes to 44 U.S.C. 3501). Such information is therefore protected from disclosure under exemption 3 of the Freedom of Information Act (FOIA) (5 U.S.C. 552(b)(3)). If a CIPSEA pledge is made, either by the Federal Reserve or by its contractor, the Federal Reserve must safeguard the information as required by CIPSEA and OMB guidance. If the FR 3051 survey information is not being collected under CIPSEA, the ability of the Federal Reserve to maintain the confidentiality of information provided by respondents will have to be determined on a case-bycase basis and depends on the type of information provided for a particular survey. In circumstances where identifying information is provided to the Federal Reserve, such information could possibly be protected from disclosure by FOIA exemptions 4 and 6. Abstract: The Federal Reserve implemented this event-driven survey in 2009 and uses it to obtain information specifically tailored to the Federal Reserve’s supervisory, regulatory, operational, and other responsibilities. The Federal Reserve can conduct the FR 3051 up to 13 times per year (annual survey and another survey on a monthly basis). The frequency and content of the questions depend on changing economic, regulatory, or legislative developments. E:\FR\FM\14APN1.SGM 14APN1 19988 Federal Register / Vol. 80, No. 71 / Tuesday, April 14, 2015 / Notices asabaliauskas on DSK5VPTVN1PROD with NOTICES 3. Report title: Recordkeeping and Disclosure Provisions associated with Stress Testing Guidance. Agency form number: FR 4202. OMB control number: 7100–0348. Frequency: On-occasion. Reporters: State member banks, bank holding companies, and all other institutions for which the Federal Reserve is the primary federal supervisor. Estimated annual reporting hours: Recordkeeping, 18,000 hours; Disclosure, 8,000 hours. Estimated average hours per response: Recordkeeping, 180 hours; Disclosure, 80 hours. Number of respondents: Recordkeeping, 100; Disclosure, 100. General description of report: This information collection is voluntary and is authorized pursuant to sections 11(a), 11(i), 25, and 25A of the Federal Reserve Act (12 U.S.C. 248(a), 248(i), 602, and 611), section 5 of the Bank Holding Company Act (12 U.S.C. 1844), and section 7(c) of the International Banking Act (12 U.S.C. 3105(c)). To the extent the Federal Reserve collects information during an examination of a banking organization, confidential treatment may be afforded to the records under exemptions 4 and 8 of the Freedom of Information Act (FOIA) (5 U.S.C. 552(b)(4) and (8)). Abstract: The interagency guidance outlines high-level principles for stress testing practices, applicable to all Federal Reserve-supervised, FDICsupervised, and OCC-supervised banking organizations 1 with more than $10 billion in total consolidated assets. In developing a stress testing framework and in carrying out stress tests, banking organizations 2 should understand and clearly document all assumptions, uncertainties, and limitations, and provide that information to users of the stress testing results. To ensure proper governance over the stress testing framework, banking organizations should develop and maintain written policies and procedures. 1 The agencies that were party to the rulemaking were the Office of the Comptroller of the Currency (OCC); Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC). 2 For purposes of this guidance, the term ‘‘banking organization’’ means national banks and Federal branches and agencies supervised by the OCC; state member banks, bank holding companies, and all other institutions for which the Federal Reserve is the primary federal supervisor; and state nonmember insured banks and other institutions supervised by the FDIC. VerDate Sep<11>2014 17:42 Apr 13, 2015 Jkt 235001 Board of Governors of the Federal Reserve System, April 8, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015–08406 Filed 4–13–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Sunshine Act; Notice of Meeting Parts open to the public begin at 8:30 a.m. April 20, 2015. PLACE: 10th Floor Board Meeting Room, 77 K Street NE., Washington, DC 20002. STATUS: Parts will be open to the public and parts closed to the public. MATTERS TO BE CONSIDERED: TIME AND DATE: Parts Open to the Public 1. Approval of the Minutes of the March 23, 2015 Board Member Meeting. 2. ED Comments 3. Monthly Reports a. Monthly Participant Activity Report b. Legislative Report 4. Quarterly Metrics Report a. Investment Policy b. Vendor Financials c. Audit Status d. Budget Review e. Project Activity Report 5. Annual Financial Audit—CLA 6. Mainframe Audit 7. DOL Presentation Part Closed to the Public 8. Security CONTACT PERSON FOR MORE INFORMATION: Kimberly Weaver, Director, Office of External Affairs, (202) 942–1640. Dated: April 10, 2015. Megan Grumbine, Deputy General Counsel, Federal Retirement Thrift Investment Board. [FR Doc. 2015–08675 Filed 4–10–15; 4:15 pm] BILLING CODE 6760–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Disease, Disability, and Injury Prevention and Control Special Emphasis Panel (SEP): Initial Review In accordance with section 10(a)(2) of the Federal Advisory Committee Act (Pub. L. 92–463), the Centers for Disease Control and Prevention (CDC) announces a meeting for the initial review of applications in response to Funding Opportunity Announcements PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 (FOA) GH15–002, Conducting Public Health Research in Georgia; FOA GH15– 003, Conducting Public Health Research Activities in Uzbekistan; FOA GH15– 006, Institutional Research Collaboration between the Liverpool School of Tropical Medicine and the Centers for Disease Control and Prevention; FOA GH15–007, Emerging Infectious Disease Detection in the Veterinary Public Health Sector in India; and FOA GH15–008, Conducting Operational Research to Identify Numbers and Rates, Determine Needs, and Integrate Services to Mitigate Morbidity and Mortality Among Internally Displaced Persons Affected by Emergencies. TIME AND DATE: 8:30 a.m.–1:30 p.m., EDT, May 6, 2015 (Closed) PLACE: Teleconference The meeting will be closed to the public in accordance with provisions set forth in section 552b(c) (4) and (6), title 5 U.S.C., and the Determination of the Director, Management Analysis and Services Office, CDC, pursuant to Public Law 92– 463. STATUS: The meeting will include the initial review, discussion, and evaluation of applications received in response to ‘‘Conducting Public Health Research in Georgia, FOA GH15–002; Conducting Public Health Research Activities in Uzbekistan, FOA GH15–003; Institutional Research Collaboration between the Liverpool School of Tropical Medicine and the Centers for Disease Control and Prevention, FOA GH15–006; Emerging Infectious Disease Detection in the Veterinary Public Health Sector in India, FOA GH15–007; and Conducting Operational Research to Identify Numbers and Rates, Determine Needs, and Integrate Services to Mitigate Morbidity and Mortality Among Internally Displaced Persons Affected by Emergencies, FOA GH15– 008.’’ MATTERS FOR DISCUSSION: CONTACT PERSON FOR MORE INFORMATION: Hylan Shoob, Scientific Review Officer, Center for Global Health (CGH) Science Office, CGH, CDC, 1600 Clifton Road NE., Mailstop D–69, Atlanta, Georgia 30033, Telephone: (404) 639–4796. The Director, Management Analysis and Services Office, has been delegated the authority to sign Federal Register notices pertaining to announcements of meetings and other committee management activities, for both the Centers for Disease Control and E:\FR\FM\14APN1.SGM 14APN1

Agencies

[Federal Register Volume 80, Number 71 (Tuesday, April 14, 2015)]
[Notices]
[Pages 19986-19988]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-08406]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: On June 15, 1984, Office of Management and Budget (OMB) 
delegated to the Board of Governors of the Federal Reserve System 
(Board) its authority under the Paperwork Reduction Act (PRA), to 
approve and assign OMB control numbers to collection of information 
requests and requirements conducted or sponsored by the Board. Board-
approved collections of information are incorporated into the official 
OMB inventory of currently approved collections of information. Copies 
of the PRA Submission, supporting statements, and approved collection 
of information instruments are placed into OMB's public docket files. 
The Board 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, 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 June 15, 2015.

ADDRESSES: You may submit comments, identified by FR 2064, FR 3051, or 
FR 4202, 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 
3515, 1801 K Street (between 18th and 19th Streets NW.) Washington, DC 
20006 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

[[Page 19987]]

requested from the agency clearance officer, whose name appears below.
    Federal Reserve Board Acting Clearance Officer--Mark Tokarski--
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 Proposals

    The following information collections, which are being handled 
under this delegated authority, have received initial Board approval 
and are hereby published for comment. At the end of the comment period, 
the proposed information collections, 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 Board'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 Extension for 
Three Years, Without Revision, of the Following Reports

    1. Report title: Recordkeeping Requirements Associated with Changes 
in Foreign Investments (Made Pursuant to Regulation K).
    Agency form number: FR 2064.
    OMB control number: 7100-0109.
    Frequency: On-occasion.
    Reporters: State member banks, Edge Act and agreement corporations, 
and bank holding companies.
    Estimated annual reporting hours: 160 hours.
    Estimated average hours per response: 2 hours.
    Number of respondents: 20.
    General description of report: The recordkeeping requirements of 
this information collection are mandatory under section 5(c) of the BHC 
Act (12 U.S.C. 1844(c)); sections 7 and 13(a) of the International 
Banking Act of 1978 (12 U.S.C. 3105 and 3108(a)); section 25 of the 
Federal Reserve Act (FRA) (12 U.S.C. 601-604a); section 25A of the FRA 
(12 U.S.C. 611-631); and Regulation K (12 CFR 211.8(c)-211.10(a)). 
Since the Federal Reserve does not collect any records, no issue of 
confidentiality under the Freedom of Information Act (FOIA) arises. 
FOIA will only be implicated if the Federal Reserve's examiners retain 
a copy of the records in their examination or supervision of the 
institution, and would be exempt from disclosure pursuant to FOIA (5 
U.S.C. 552(b)(4), (b)(6), and (b)(8)).
    Abstract: Internationally active U.S banking organizations are 
required to maintain adequate internal records that demonstrate 
compliance with the investment provisions contained in Subpart A of 
International Banking Operations (Regulation K). For each investment 
made under Subpart A of Regulation K, internal records should be 
maintained regarding the type of investment, for example, equity 
(voting shares, nonvoting shares, partnerships, interests conferring 
ownership rights, participating loans), binding commitments, capital 
contributions, and subordinated debt; the amount of the investment; the 
percentage ownership; activities conducted by the company and the legal 
authority for such activities; and whether the investment was made 
under general consent, prior notice, or specific consent authority. 
With respect to investments made under general consent authority, 
information also must be maintained that demonstrates compliance with 
the various limits set out in section 211.9 of Regulation K.
    2. Report title: Microeconomic Survey.
    Agency form number: FR 3051.
    OMB control number: 7100-0321.
    Frequency: Annually and monthly, as needed.
    Reporters: Individuals, households, and financial and non-financial 
businesses.
    Estimated annual reporting hours: Annual survey, 6,000 hours; 
Monthly survey, 18,000 hours.
    Estimated average hours per response: Annual survey, 60 minutes; 
Monthly survey, 30 minutes.
    Number of respondents: Annual survey, 6,000; Monthly survey, 3,000.
    General description of report: This information collection is 
voluntary and is authorized by sections 2A and 12A of the Federal 
Reserve Act (12 U.S.C. 225A and 263). If needed, the Federal Reserve 
can make this survey mandatory for Federal Reserve regulated 
institutions under section 9 of the Federal Reserve Act (12 U.S.C. 324) 
for state member banks; section 5(c) of the Bank Holding Company Act 
(12 U.S.C. 1844(c)) for bank holding companies and their subsidiaries; 
sections 25 and 25(A) of the Federal Reserve Act (12 U.S.C. 602 and 
625) for Edge and agreement corporations; and section 7(c)(2) of the 
International Banking Act of 1978 (12 U.S.C. 3105(c)(2)) for U.S. 
branches and agencies of foreign banks.
    If the FR 3051 survey information is collected with a pledge of 
confidentiality for exclusively statistical purposes under Confidential 
Information Protection and Statistical Efficiency Act (CIPSEA), the 
information may not be disclosed by the Federal Reserve (or its 
contractor) in identifiable form, except with the informed consent of 
the respondent (CIPSEA 512(b), codified in notes to 44 U.S.C. 3501). 
Such information is therefore protected from disclosure under exemption 
3 of the Freedom of Information Act (FOIA) (5 U.S.C. 552(b)(3)). If a 
CIPSEA pledge is made, either by the Federal Reserve or by its 
contractor, the Federal Reserve must safeguard the information as 
required by CIPSEA and OMB guidance.
    If the FR 3051 survey information is not being collected under 
CIPSEA, the ability of the Federal Reserve to maintain the 
confidentiality of information provided by respondents will have to be 
determined on a case-by-case basis and depends on the type of 
information provided for a particular survey. In circumstances where 
identifying information is provided to the Federal Reserve, such 
information could possibly be protected from disclosure by FOIA 
exemptions 4 and 6.
    Abstract: The Federal Reserve implemented this event-driven survey 
in 2009 and uses it to obtain information specifically tailored to the 
Federal Reserve's supervisory, regulatory, operational, and other 
responsibilities. The Federal Reserve can conduct the FR 3051 up to 13 
times per year (annual survey and another survey on a monthly basis). 
The frequency and content of the questions depend on changing economic, 
regulatory, or legislative developments.

[[Page 19988]]

    3. Report title: Recordkeeping and Disclosure Provisions associated 
with Stress Testing Guidance.
    Agency form number: FR 4202.
    OMB control number: 7100-0348.
    Frequency: On-occasion.
    Reporters: State member banks, bank holding companies, and all 
other institutions for which the Federal Reserve is the primary federal 
supervisor.
    Estimated annual reporting hours: Recordkeeping, 18,000 hours; 
Disclosure, 8,000 hours.
    Estimated average hours per response: Recordkeeping, 180 hours; 
Disclosure, 80 hours.
    Number of respondents: Recordkeeping, 100; Disclosure, 100.
    General description of report: This information collection is 
voluntary and is authorized pursuant to sections 11(a), 11(i), 25, and 
25A of the Federal Reserve Act (12 U.S.C. 248(a), 248(i), 602, and 
611), section 5 of the Bank Holding Company Act (12 U.S.C. 1844), and 
section 7(c) of the International Banking Act (12 U.S.C. 3105(c)). To 
the extent the Federal Reserve collects information during an 
examination of a banking organization, confidential treatment may be 
afforded to the records under exemptions 4 and 8 of the Freedom of 
Information Act (FOIA) (5 U.S.C. 552(b)(4) and (8)).
    Abstract: The interagency guidance outlines high-level principles 
for stress testing practices, applicable to all Federal Reserve-
supervised, FDIC-supervised, and OCC-supervised banking organizations 
\1\ with more than $10 billion in total consolidated assets. In 
developing a stress testing framework and in carrying out stress tests, 
banking organizations \2\ should understand and clearly document all 
assumptions, uncertainties, and limitations, and provide that 
information to users of the stress testing results. To ensure proper 
governance over the stress testing framework, banking organizations 
should develop and maintain written policies and procedures.
---------------------------------------------------------------------------

    \1\ The agencies that were party to the rulemaking were the 
Office of the Comptroller of the Currency (OCC); Board of Governors 
of the Federal Reserve System (Board); and Federal Deposit Insurance 
Corporation (FDIC).
    \2\ For purposes of this guidance, the term ``banking 
organization'' means national banks and Federal branches and 
agencies supervised by the OCC; state member banks, bank holding 
companies, and all other institutions for which the Federal Reserve 
is the primary federal supervisor; and state nonmember insured banks 
and other institutions supervised by the FDIC.

    Board of Governors of the Federal Reserve System, April 8, 2015.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2015-08406 Filed 4-13-15; 8:45 am]
 BILLING CODE 6210-01-P