Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 50000 [2015-20321]
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Federal Register / Vol. 80, No. 159 / Tuesday, August 18, 2015 / Notices
desk officer for the agencies by mail to
the Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW.,
Washington, DC 20503; by fax to (202)
395–6974; or by email to oira_
submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT:
Additional information or a copy of the
collections may be requested from Nuha
Elmaghrabi, Federal Reserve Board
Clearance Officer, (202) 452–3829,
Office of the Chief Data Officer, Board
of Governors of the Federal Reserve
System, 20th and C Streets NW.,
Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may call (202) 263–4869.
SUPPLEMENTARY INFORMATION: Proposal
to request approval from OMB of the
extension for three years, without
revision, of the following reports:
1. Report titles: Report of Assets and
Liabilities of U.S. Branches and
Agencies of Foreign Banks; Report of
Assets and Liabilities of a Non-U.S.
Branch that is Managed or Controlled by
a U.S. Branch or Agency of a Foreign
(Non-U.S.) Bank.
Agency form numbers: FFIEC 002;
FFIEC 002S.
OMB control number: 7100–0032.
Frequency of response: Quarterly.
Affected public: U.S. branches and
agencies of foreign banks.
Number of respondents: FFIEC 002—
223; FFIEC 002S—49.
Estimated average time per response:
FFIEC 002—25.43 hours; FFIEC 002S—
6.0 hours.
Estimated total annual burden: FFIEC
002—22,684 hours; FFIEC 002S—1,176
hours.
General description of reports: These
information collections are mandatory
(12 U.S.C. 3105(c)(2), 1817(a)(1) and (3),
and 3102(b)). Except for select sensitive
items, the FFIEC 002 is not given
confidential treatment; the FFIEC 002S
is given confidential treatment (5 U.S.C.
552(b)(4) and (8)).
Abstract: On a quarterly basis, all U.S.
branches and agencies of foreign banks
are required to file the FFIEC 002,
which is a detailed report of condition
with a variety of supporting schedules.
This information is used to fulfill the
supervisory and regulatory requirements
of the International Banking Act of
1978. The data are also used to augment
the bank credit, loan, and deposit
information needed for monetary policy
and other public policy purposes. The
FFIEC 002S is a supplement to the
FFIEC 002 that collects information on
assets and liabilities of any non-U.S.
branch that is managed or controlled by
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a U.S. branch or agency of the foreign
bank. Managed or controlled means that
a majority of the responsibility for
business decisions, including but not
limited to decisions with regard to
lending or asset management or funding
or liability management, or the
responsibility for recordkeeping in
respect of assets or liabilities for that
foreign branch, resides at the U.S.
branch or agency. A separate FFIEC
002S must be completed for each
managed or controlled non-U.S. branch.
The FFIEC 002S must be filed quarterly
along with the U.S. branch or agency’s
FFIEC 002. The data from both reports
are used for (1) monitoring deposit and
credit transactions of U.S. residents; (2)
monitoring the impact of policy
changes; (3) analyzing structural issues
concerning foreign bank activity in U.S.
markets; (4) understanding flows of
banking funds and indebtedness of
developing countries in connection with
data collected by the International
Monetary Fund and the Bank for
International Settlements that are used
in economic analysis; and (5) assisting
in the supervision of U.S. offices of
foreign banks. The Federal Reserve
System collects and processes these
reports on behalf of all three agencies.
No changes were proposed to the FFIEC
002 and FFIEC 002S reporting forms or
instructions.
2. Report title: Country Exposure
Report for U.S. Branches and Agencies
of Foreign Banks.
Agency form number: FFIEC 019.
OMB control number: 7100–0213.
Frequency of response: Quarterly.
Affected public: U.S. branches and
agencies of foreign banks.
Number of respondents: 167.
Estimated average time per response:
10 hours.
Estimated total annual burden: 6,680
hours.
General description of reports: This
information collection is mandatory (12
U.S.C. 3906 for all agencies); 12 U.S.C.
3105 and 3108 for the Board; 12 U.S.C.
1817 and 1820 for the FDIC; and 12
U.S.C. 161 for the OCC. This
information collection is given
confidential treatment under the
Freedom of Information Act (5 U.S.C.
552(b)(8)).
Abstract: All individual U.S. branches
and agencies of foreign banks that have
more than $30 million in direct claims
on residents of foreign countries must
file the FFIEC 019 report quarterly.
Currently, all respondents report
adjusted exposure amounts to the five
largest countries having at least $20
million in total adjusted exposure. The
agencies collect this data to monitor the
extent to which such branches and
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agencies are pursuing prudent country
risk diversification policies and limiting
potential liquidity pressures. No
changes were proposed to the FFIEC 019
reporting form or instructions.
Board of Governors of the Federal Reserve
System, August 12, 2015.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2015–20275 Filed 8–17–15; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
notices are set forth in paragraph 7 of
the Act (12 U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the offices of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than
September 2, 2015.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261–4528:
1. Robert G. Lowe, Fort Myers,
Florida; to acquire voting shares of
Palmetto Heritage Bancshares, Inc., and
thereby indirectly acquire voting shares
of Palmetto Heritage Bank & Trust, both
in Pawleys Island, South Carolina.
Board of Governors of the Federal Reserve
System, August 13, 2015.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2015–20321 Filed 8–17–15; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Agency for Healthcare Research and
Quality
Agency Information Collection
Activities: Proposed Collection;
Comment Request
Agency for Healthcare Research
and Quality, HHS.
AGENCY:
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]]>Agencies
[Federal Register Volume 80, Number 159 (Tuesday, August 18, 2015)]
[Notices]
[Page 50000]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-20321]
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FEDERAL RESERVE SYSTEM
Change in Bank Control Notices; Acquisitions of Shares of a Bank
or Bank Holding Company
The notificants listed below have applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank
holding company. The factors that are considered in acting on the
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
The notices are available for immediate inspection at the Federal
Reserve Bank indicated. The notices also will be available for
inspection at the offices of the Board of Governors. Interested persons
may express their views in writing to the Reserve Bank indicated for
that notice or to the offices of the Board of Governors. Comments must
be received not later than September 2, 2015.
A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Robert G. Lowe, Fort Myers, Florida; to acquire voting shares of
Palmetto Heritage Bancshares, Inc., and thereby indirectly acquire
voting shares of Palmetto Heritage Bank & Trust, both in Pawleys
Island, South Carolina.
Board of Governors of the Federal Reserve System, August 13,
2015.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2015-20321 Filed 8-17-15; 8:45 am]
BILLING CODE 6210-01-P
