Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 38204 [2015-16315]

Download as PDF asabaliauskas on DSK5VPTVN1PROD with NOTICES 38204 Federal Register / Vol. 80, No. 127 / Thursday, July 2, 2015 / Notices enter the LEI for those entities that already have one. Two commenters requested a delay of the implementation of the proposed collection of the LEI from the top-tier holding company and any of its subsidiaries that already have an LEI due to the complex and manual validation process. One commenter stated that reporters are often not the majority interest holders for a reportable entity, and thus not responsible for registering the LEI for these entities. Obtaining LEI’s for these legal entities would require contacting each majority interest holder separately to ascertain if the entity has an LEI. Therefore, they requested that the effective date be delayed from June 30, 2015, to December 31, 2015. After consideration of these comments, the Federal Reserve will delay the effective date of the revisions to the FR Y–6 and FR Y–7 organizational chart to fiscal year ends beginning December 31, 2015. Submission of existing LEI information will follow the normal FR Y–6 and FR Y–7 submission deadlines (90 and 120 days respectively). The one-time information collection to populate existing LEI data for all FR Y–10 reportable entities (excluding branches), will also be effective December 31, 2015, with submissions due no later than January 30, 2016. LEIs issued after December 31, 2015, should be reported with 30 days of the event on the appropriate FR Y–10 schedules. One commenter provided additional comments outside the scope of the current proposal. The Federal Reserve will investigate each comment and give consideration to these comments when the Federal Reserve next revises the reports. Final approval under OMB delegated authority of the extension for three years, without revision, of the following report: Report title: Supplement to the Report of Changes in Organizational Structure. Agency form number: FR Y–10E. OMB Control number: 7100–0297. Frequency: Event-generated. Reporters: Bank holding companies (BHCs) and savings and loan holding companies (SLHCs) (collectively, holding companies (HCs)), securities holding companies, foreign banking organizations (FBOs), state member banks unaffiliated with a BHC, Edge Act and agreement corporations, and nationally chartered banks that are not controlled by a BHC (with regard to their foreign investments only). Estimated annual reporting hours: 2,649 hours. Estimated average hours per response: 0.5 hours. VerDate Sep<11>2014 21:16 Jul 01, 2015 Jkt 235001 Number of respondents: 5,298. General description of report: These information collections are mandatory as follows: Sections 4(k) and 5(c)(1)(A) of the BHC Act (12 U.S.C. 1843(k), 1844(c)(1)(A)), section 8(a) of the IBA (12 U.S.C. 3106(a)), sections 11(a)(1), 25(7), and 25A of the Federal Reserve Act (12 U.S.C. 248(a)(1), 321, 601, 602, 611a, 615, and 625), and sections 113, 312, 618, and 809 of the Dodd-Frank Act (12 U.S.C. 5361, 5412, 1850a(c)(1), and 5468(b)(1), respectively). The data collected in the FR Y–10E are not considered confidential. With regard to information that a banking organization may deem confidential, the institution may request confidential treatment of such information under one or more of the exemptions in the Freedom of Information Act (FOIA) (5 U.S.C. 552). The most likely case for confidential treatment will be based on FOIA exemption 4, which permits an agency to exempt from disclosure ‘‘trade secrets and commercial or financial information obtained from a person and privileged and confidential,’’ (5 U.S.C. 552(b)(4)). To the extent an institution can establish the potential for substantial competitive harm, such information would be protected from disclosure under the standards set forth in National Parks & Conservation Association v. Morton, 498 F.2d 765 (D.C. Cir. 1974). Exemption 6 of FOIA might also apply with regard to the respondents’ submission of non-public personal information of owners, shareholders, directors, officers and employees of respondents. Exemption 6 covers ‘‘personnel and medical files and similar files the disclosure of which would constitute a clearly unwarranted invasion of personal privacy,’’ (5 U.S.C. 552(b)(6)). All requests for confidential treatment would need to be reviewed on a case-by-case basis and in response to a specific request for disclosure. Abstract: The FR Y–10E is a free-form supplement that may be used to collect additional structural information deemed to be critical and needed in an expedited manner. Current Actions: On March 20, 2015, the Federal Reserve published a notice in the Federal Register (80 FR 15009) requesting public comment for 60 days on the extension, without revision, of the FR Y–10E. The comment period for this notice expired on May 19, 2015. The Federal Reserve did not receive any comments. The information collection will be extended for three years, without revision, as proposed. PO 00000 Frm 00033 Fmt 4703 Sfmt 9990 Board of Governors of the Federal Reserve System: June 26, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015–16247 Filed 7–1–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM 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 30, 2015. A. Federal Reserve Bank of Philadelphia (William Lang, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105– 1521: 1. Esquire Financial Holdings, Inc., Garden City, New York; to become a bank holding company in connection with the conversion of its wholly owned subsidiary, Esquire Bank, Garden City, New York, from a stock federal savings bank to a national bank. Board of Governors of the Federal Reserve System, June 29, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–16315 Filed 7–1–15; 8:45 am] BILLING CODE 6210–01–P E:\FR\FM\02JYN1.SGM 02JYN1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 80, Number 127 (Thursday, July 2, 2015)]
[Notices]
[Page 38204]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-16315]


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

FEDERAL RESERVE SYSTEM


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 30, 2015.
    A. Federal Reserve Bank of Philadelphia (William Lang, Senior Vice 
President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-1521:
    1. Esquire Financial Holdings, Inc., Garden City, New York; to 
become a bank holding company in connection with the conversion of its 
wholly owned subsidiary, Esquire Bank, Garden City, New York, from a 
stock federal savings bank to a national bank.

    Board of Governors of the Federal Reserve System, June 29, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-16315 Filed 7-1-15; 8:45 am]
BILLING CODE 6210-01-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.