Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Investment Securities, 35740-35741 [2015-15255]
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35740
Federal Register / Vol. 80, No. 119 / Monday, June 22, 2015 / Notices
information collection; and (c) provide
sufficient additional detail to permit
informed comment.
The other trade association
acknowledged that, while the notice
provided a general description of the
data requested, it did not include the
specific data templates. In addition, it
was not clear to the commenter which
national banks would be subject to the
data collection, the timeframe for
submission, and the effective date of the
collection. The commenter also
suggested that the data collection might
duplicate data that banking
organizations already are providing to
the Federal Reserve Board (FRB) in
connection with the FR Y–14 reporting
requirements and pointed out that the
potential for duplication is especially
relevant to national banks that are the
dominant subsidiary in a holding
company structure. The commenter
recommended coordination of the data
collection with the FRB to minimize
duplicative or divergent reporting
requirements. The commenter suggested
that the OCC consider accepting data
currently submitted to the FRB in
connection with the FR Y–14 in
satisfaction of the data collection or
work with the FRB to establish a single
set of data with identical file layouts
and definitions. The commenter also
suggested, as an alternative, having the
FRB add data elements to the FR Y–14
that designate whether a loan is part of
the bank or a non-bank affiliate.
The request to extend the existing
comment period, publish a copy of the
proposed collection, and provide
sufficient additional detail to permit
informed comment will be met by
issuance of the 30-day notice and the
Information Collection Request (ICR)
submission to OMB. For example, the
ICR will include a Supporting Statement
and a copy of the field definitions for
account-level data. Additional details
requested by the commenters will be
included in the Supporting Statement.
Furthermore, the OCC is actively
exploring use of the FRB’s FR Y–14
data, where possible, in order to
decrease banks’ reporting burden.
One commenter also indicated that
the legal authority permitting the OCC
to collect this information and the
purpose of the collection were not
disclosed. Federal law provides the OCC
with extensive authority to require
records and information from national
banks, Federal savings associations, and
their subsidiaries.1 The purpose of the
collection is required to be included in
1 See,
e.g.,12 U.S.C. 481, 484, 1464(d)(1)(B).
VerDate Sep<11>2014
17:45 Jun 19, 2015
Jkt 235001
the Supporting Statement filed as part of
the ICR.
The OCC understands the
commenters concerns and will carefully
consider all comments submitted in
response to the 30-day notice.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
shall have practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the 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.
Dated: June 16, 2015.
Stuart E. Feldstein,
Director, Legislative and Regulatory Activities
Division.
[FR Doc. 2015–15254 Filed 6–19–15; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Comptroller of the Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Investment Securities
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, 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 a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA).
In accordance with the requirements
of the PRA, the OCC may not conduct
or sponsor, and the 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 OCC is soliciting comment
concerning renewal of its information
collection titled, ‘‘Investment
Securities.’’ The OCC also is giving
notice that it has sent the collection to
OMB for review.
SUMMARY:
PO 00000
Frm 00117
Fmt 4703
Sfmt 4703
You should submit written
comments by July 22, 2015.
ADDRESSES: 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:
1557–0205, 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 prainfo@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 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
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0205, U.S. Office of
Management and Budget, 725 17th
Street NW., #10235, Washington, DC
20503, or by email to oira_submission@
omb.eop.gov.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(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.
SUPPLEMENTARY INFORMATION: The OCC
is proposing to extend OMB approval,
without change, of the following
information collection:
Title: Investment Securities.
OMB Control No.: 1557–0205.
Description: This submission covers
an existing regulation and involves no
change to the regulation or to the
information collection requirements.
The OCC requests only that OMB extend
its approval of the information
collection.
The information collection
requirements in 12 CFR part 1 are as
follows:
DATES:
E:\FR\FM\22JNN1.SGM
22JNN1
tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 119 / Monday, June 22, 2015 / Notices
Under 12 CFR 1.3(h)(2), a national
bank may request an OCC determination
that it may invest in an entity that is
exempt from registration under section
3(c)(1) of the Investment Company Act
of 1940 1 if the portfolio of the entity
consists exclusively of assets that a
national bank may purchase and sell for
its own account. The OCC uses the
information contained in the request as
a basis for ensuring that a bank’s
investment is consistent with its
investment authority under applicable
law and does not pose unacceptable
risk.
Under 12 CFR 1.7(b), a national bank
may request OCC approval to extend the
five-year holding period for securities
held in satisfaction of debts previously
contracted (DPC) for up to an additional
five years. The bank must provide a
clearly convincing demonstration of
why any additional holding period is
needed. The OCC uses the information
in the request to ensure, on a case-bycase basis, that the bank’s purpose in
retaining the securities is not
speculative and that the bank’s reasons
for requesting the extension are
adequate. The OCC also uses the
information to evaluate the risks to the
bank of extending the holding period,
including potential effects on the bank’s
safety and soundness.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
25.
Estimated Total Annual Burden: 460
hours.
Frequency of Response: On occasion.
The OCC published a 60-day Federal
Register notice concerning this
collection on April 14, 2015, (80 FR
20076). No comments were received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the 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,
1 15
U.S.C. 80a–3(c)(1).
VerDate Sep<11>2014
17:45 Jun 19, 2015
Jkt 235001
maintenance, and purchase of services
to provide information.
Dated: June 17, 2015.
Mary H. Gottlieb,
Regulatory Specialist, Legislative and
Regulatory Activities Division.
[FR Doc. 2015–15255 Filed 6–19–15; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF VETERANS
AFFAIRS
Solicitation of Nominations for
Appointment to the Genomic Medicine
Program Advisory Committee
Department of Veterans Affairs.
Notice.
AGENCY:
ACTION:
The Department of Veterans
Affairs (VA), Veterans Health
Administration (VHA), is seeking
nominations of qualified candidates to
be considered for appointment as a
member of the Genomic Medicine
Program Advisory Committee
(hereinafter referred to as ‘‘the
Committee’’). The Committee was
established by the Secretary of the VA
pursuant to the provisions of the
Federal Advisory Committee Act, as
amended, 5 U.S.C. Appendix 2, to
advise the Secretary with respect to the
development of a world-class genomic
medicine program within the
Department, including policies to
collect and utilize both genetic and
other medical information to promote
optimal medical care and research that
contribute to the knowledge of diseases
prevalent in Veterans. The Committee
will be guided by the goal of using
genetic information to optimize clinical
care of Veterans, and enhance the study
and development of diagnostic tests and
treatments for diseases of particular
relevance to Veterans. Nominations of
qualified candidates in the area of
genomic medicine from healthcare,
academia, and/or other government
agencies are being sought to fill
vacancies on the Committee.
DATES: Nominations for membership on
the Committee must be received no later
than 5:00 p.m. EDT on July 15, 2015.
ADDRESSES: All nominations should be
mailed to Veterans Health
Administration, Department of Veterans
Affairs, 810 Vermont Ave. NW. (10P9B),
Attention: Sumitra Muralidhar;
Washington, DC 20420, or emailed to
Sumitra.muralidhar@va.gov.
FOR FURTHER INFORMATION CONTACT: Dr.
Sumitra Muralidhar, Designated Federal
Officer, Genomic Medicine Program
Advisory Committee, or by email at
Sumitra.muralidhar@va.gov. A copy of
SUMMARY:
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Fmt 4703
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35741
the Committee charter and list of the
current membership can be obtained by
contacting Dr. Muralidhar.
SUPPLEMENTARY INFORMATION: The
Genomic Medicine Program Advisory
Committee was established by the
Secretary of VA.
VHA is requesting nominations for
two vacancies on the Committee. The
Committee will be composed of
approximately 12 members. The
members of the Committee are
appointed by the Secretary and include,
but are not limited to:
• Members of the medical and
scientific communities representing
disciplines such as, but not limited to,
medical genetics, genomic technologies,
bioinformatics, computation, statistical
genetics, and genomic policy.
To the extent possible, the Secretary
seeks members who have diverse
professional and personal qualifications.
We ask that nominations include
information of this type so that VA can
ensure a balanced Committee
membership.
Individuals appointed to the
Committee by the Secretary shall be
invited to serve a two- or three-year
term. The Secretary may reappoint a
member for an additional term of
service. Committee members will
receive travel expenses and a per diem
allowance for any travel made in
connection with duties as members of
the Committee and within federal travel
guidelines.
Requirements for Nomination
Submission: Nominations should be
typed (one nomination per nominator).
Nomination package should include: (1)
A letter of nomination that clearly states
the name and affiliation of the nominee,
the basis for the nomination (i.e.,
specific attributes which qualify the
nominee for service in this capacity),
and a statement from the nominee
indicating the willingness to serve as a
member of the Committee; (2) the
nominee’s contact information,
including name, mailing address,
telephone numbers, and email address;
(3) the nominee’s curriculum vitae (if
applicable); (4) a summary of the
nominee’s experience and qualifications
relative to the membership
considerations described above; and (5)
a statement confirming that he/she is
not a federally-registered lobbyist.
VA makes every effort to ensure that
the membership of VA Federal advisory
committees is fairly balanced in terms of
points of view represented and the
committee’s function. Appointments to
this Committee shall be made without
discrimination based on a person’s race,
color, religion, sex, sexual orientation,
E:\FR\FM\22JNN1.SGM
22JNN1
Agencies
[Federal Register Volume 80, Number 119 (Monday, June 22, 2015)]
[Notices]
[Pages 35740-35741]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-15255]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Investment Securities
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, 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 a continuing
information collection, as required by the Paperwork Reduction Act of
1995 (PRA).
In accordance with the requirements of the PRA, the OCC may not
conduct or sponsor, and the 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 OCC is soliciting comment concerning renewal of its information
collection titled, ``Investment Securities.'' The OCC also is giving
notice that it has sent the collection to OMB for review.
DATES: You should submit written comments by July 22, 2015.
ADDRESSES: 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: 1557-0205, 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 prainfo@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 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 include any information in your comment or
supporting materials that you consider confidential or inappropriate
for public disclosure.
Additionally, please send a copy of your comments by mail to: OCC
Desk Officer, 1557-0205, U.S. Office of Management and Budget, 725 17th
Street NW., #10235, Washington, DC 20503, or by email to
oira_submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(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.
SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval,
without change, of the following information collection:
Title: Investment Securities.
OMB Control No.: 1557-0205.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The OCC requests only that OMB extend its approval of the
information collection.
The information collection requirements in 12 CFR part 1 are as
follows:
[[Page 35741]]
Under 12 CFR 1.3(h)(2), a national bank may request an OCC
determination that it may invest in an entity that is exempt from
registration under section 3(c)(1) of the Investment Company Act of
1940 \1\ if the portfolio of the entity consists exclusively of assets
that a national bank may purchase and sell for its own account. The OCC
uses the information contained in the request as a basis for ensuring
that a bank's investment is consistent with its investment authority
under applicable law and does not pose unacceptable risk.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 80a-3(c)(1).
---------------------------------------------------------------------------
Under 12 CFR 1.7(b), a national bank may request OCC approval to
extend the five-year holding period for securities held in satisfaction
of debts previously contracted (DPC) for up to an additional five
years. The bank must provide a clearly convincing demonstration of why
any additional holding period is needed. The OCC uses the information
in the request to ensure, on a case-by-case basis, that the bank's
purpose in retaining the securities is not speculative and that the
bank's reasons for requesting the extension are adequate. The OCC also
uses the information to evaluate the risks to the bank of extending the
holding period, including potential effects on the bank's safety and
soundness.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 25.
Estimated Total Annual Burden: 460 hours.
Frequency of Response: On occasion.
The OCC published a 60-day Federal Register notice concerning this
collection on April 14, 2015, (80 FR 20076). No comments were received.
Comments continue to be invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the 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.
Dated: June 17, 2015.
Mary H. Gottlieb,
Regulatory Specialist, Legislative and Regulatory Activities Division.
[FR Doc. 2015-15255 Filed 6-19-15; 8:45 am]
BILLING CODE 4810-33-P