Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 36991-36992 [2015-15843]

Download as PDF Federal Register / Vol. 80, No. 124 / Monday, June 29, 2015 / Notices Spring, MN (‘‘Company’’), and thereby indirectly acquire control of Granite Community Bank, Cold Spring, Minnesota. In addition, Gerald Lee Reiter and Stanley Glenn Lilleberg; each intend to individually acquire voting common stock of Company. B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. David J. Warnemunde and David D. Warnemunde, both of Madison, Nebraska; as members of the Warnemunde family group acting in concert, to acquire control of Madison County Financial, Inc., parent of Madison County Bank, both in Madison, Nebraska. Board of Governors of the Federal Reserve System, June 23, 2015. Michael J. Lewandowski, Associate Secretary of the Board. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. Hamilton State Bancshares, Inc., Hoschton, Georgia; to merge with Highland Financial Services, Inc., and thereby indirectly acquire Highland Commercial Bank, both in Marietta, Georgia. Board of Governors of the Federal Reserve System, June 24, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–15839 Filed 6–26–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM [FR Doc. 2015–15799 Filed 6–26–15; 8:45 am] Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB BILLING CODE 6210–01–P AGENCY: FEDERAL RESERVE SYSTEM mstockstill on DSK4VPTVN1PROD with NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than July 24, 2015. VerDate Sep<11>2014 17:13 Jun 26, 2015 Jkt 235001 Board of Governors of the Federal Reserve System. SUMMARY: Notice is hereby given of the final approval of proposed information collections by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority. Boardapproved 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 instrument(s) 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. FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer, Nuha Elmaghrabi, 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. 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. Final approval under OMB delegated authority of the extension for three years, without revision, of the following reports: 1. Report title: Recordkeeping Requirements Associated with Changes PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 36991 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. E:\FR\FM\29JNN1.SGM 29JNN1 mstockstill on DSK4VPTVN1PROD with NOTICES 36992 Federal Register / Vol. 80, No. 124 / Monday, June 29, 2015 / Notices 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-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 VerDate Sep<11>2014 17:13 Jun 26, 2015 Jkt 235001 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. 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 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. PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 framework, banking organizations should develop and maintain written policies and procedures. Board of Governors of the Federal Reserve System, June 24, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015–15843 Filed 6–26–15; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention [30Day–15–15PI] Agency Forms Undergoing Paperwork Reduction Act Review The Centers for Disease Control and Prevention (CDC) has submitted the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995. The notice for the proposed information collection is published to obtain comments from the public and affected agencies. Written comments and suggestions from the public and affected agencies concerning the proposed collection of information are encouraged. Your comments should address any of the following: (a) Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (b) Evaluate the accuracy of the agencies estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (c) Enhance the quality, utility, and clarity of the information to be collected; (d) Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses; and (e) Assess information collection costs. To request additional information on the proposed project or to obtain a copy of the information collection plan and instruments, call (404) 639–7570 or send an email to omb@cdc.gov. Written comments and/or suggestions regarding the items contained in this notice should be directed to the Attention: CDC Desk Officer, Office of Management and Budget, Washington, DC 20503 or E:\FR\FM\29JNN1.SGM 29JNN1

Agencies

[Federal Register Volume 80, Number 124 (Monday, June 29, 2015)]
[Notices]
[Pages 36991-36992]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-15843]


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

FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: Notice is hereby given of the final approval of proposed 
information collections by the Board of Governors of the Federal 
Reserve System (Board) under OMB delegated authority. 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 instrument(s) 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.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer, Nuha Elmaghrabi, 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.
    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.
    Final approval under OMB delegated authority of 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.

[[Page 36992]]

    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.
    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, June 24, 2015.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2015-15843 Filed 6-26-15; 8:45 am]
 BILLING CODE 6210-01-P