Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996, 74718-74720 [2015-30247]
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Federal Register / Vol. 80, No. 229 / Monday, November 30, 2015 / Proposed Rules
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
12 CFR Chapter I
[Docket ID FFIEC–2014–0001]
FEDERAL RESERVE SYSTEM
12 CFR Chapter II
[Docket No. R–1510]
FEDERAL DEPOSIT INSURANCE
CORPORATION
[12 CFR Chapter III]
Regulatory Publication and Review
Under the Economic Growth and
Regulatory Paperwork Reduction Act
of 1996
Office of the Comptroller of the
Currency (‘‘OCC’’), Treasury; Board of
Governors of the Federal Reserve
System (‘‘Board’’); and Federal Deposit
Insurance Corporation (‘‘FDIC’’).
ACTION: Notice of outreach meeting.
AGENCY:
The OCC, Board, and FDIC
(together ‘‘we’’ or ‘‘Agencies’’) announce
the sixth and final outreach meeting on
the Agencies’ interagency process to
review their regulations under the
Economic Growth and Regulatory
Paperwork Reduction Act of 1996
(‘‘EGRPRA’’).
SUMMARY:
An outreach meeting will be
held in the Washington, DC area at the
FDIC’s L. William Seidman Center at
Virginia Square in Arlington, Virginia,
on Wednesday December 2, 2015,
beginning at 9:00 a.m. Eastern Standard
Time (EST). Online registrations will be
accepted through November 30, 2015, or
until all seats are filled, whichever is
earlier. If seats are available after the
close of online registration, individuals
may register in person at the L. William
Seidman Center on the day of the
meeting.
DATES:
The Agencies will hold the
December 2, 2015, outreach meeting at
the FDIC’s L. William Seidman Center at
Virginia Square, 3501 Fairfax Drive,
Arlington, VA 22226. Live video of this
meeting will be streamed at: https://
egrpra.ffiec.gov/. Participants attending
in person should register at: https://
egrpra.ffiec.gov/outreach/outreachindex.html.
In addition, to enhance participation,
interested persons anywhere in the
country will have the opportunity to
view and participate in the meeting
online using their computers. Members
of the public watching online will be
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ADDRESSES:
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able to submit written comments at any
time during the meeting using the text
chat feature. In addition to the online
option, a toll-free telephone number
(800) 857–9751 (Participant passcode:
6040376) is available for members of the
public who would like only to listen to
the meeting, and who may choose later
to submit written comments.
Information regarding these additional
participation options is described in the
meeting details section for the
Washington, DC area meeting at: https://
egrpra.ffiec.gov/outreach/outreachmeeting-details-dc.html.
Any interested individual may submit
comments through the EGRPRA Web
site during open comment periods at:
https://egrpra.ffiec.gov/submit-comment/
submit-comment-index.html. On this
site, click ‘‘Submit a Comment’’ and
follow the instructions. Alternatively,
comments also may be submitted
through the Federal eRulemaking Portal
‘‘Regulations.gov’’ at: https://
www.regulations.gov. Enter ‘‘Docket ID
FFIEC–2014–0001’’ in the Search Box,
click ‘‘Search,’’ and click ‘‘Comment
Now.’’ Those who wish to submit their
comments by an alternate means may do
so as indicated by each agency below.
OCC
The OCC encourages commenters to
submit comments through the Federal
eRulemaking Portal, Regulations.gov, in
accordance with the previous
paragraph. Alternatively, comments
may be emailed to regs.comments@
occ.treas.gov or sent by mail to
Legislative and Regulatory Activities
Division, Office of the Comptroller of
the Currency, Mail Stop 9W–11, 400 7th
Street SW., Washington, DC 20219.
Comments also may be faxed to (571)
465–4326 or hand delivered or sent by
courier to 400 7th Street SW.,
Washington, DC 20219. For comments
submitted by any means other than
Regulations.gov, you must include
‘‘OCC’’ as the agency name and ‘‘Docket
ID FFIEC–2014–0001’’ in your
comment.
In general, the OCC will enter all
comments received into the docket and
publish them without change on
Regulations.gov. Comments received,
including attachments and other
supporting materials, as well as any
business or personal information you
provide, such as your name and
address, email address, or phone
number, are part of the public record
and subject to public disclosure.
Therefore, please do not include any
information with your comment or
supporting materials that you consider
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confidential or inappropriate for public
disclosure.
You may inspect and photocopy in
person all comments received by the
OCC at 400 7th Street SW., Washington,
DC 20219. For security reasons, the OCC
requires that visitors make an
appointment to inspect or photocopy
comments. You may make an
appointment by calling (202) 649–6700
or, for persons who are deaf or hard of
hearing, TTY (202) 649–5597. Upon
arrival, visitors will be required to
present valid government-issued photo
identification and submit to a security
screening.
Board
The Board encourages commenters to
submit comments regarding the Board’s
regulations by any of the following
methods:
• Agency Web site: https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx. Follow the
instructions for submitting comments
on the Agency Web site.
• Federal eRulemaking Portal, in
accordance with the directions above.
• Email: regs.comments@
federalreserve.gov. Include ‘‘EGRPRA’’
and Docket No. R–1510 in the subject
line of the message.
• FAX: (202) 452–3819.
• Mail: Robert deV. Frierson,
Secretary, Board of Governors of the
Federal Reserve System, 20th Street and
Constitution Avenue NW., Washington,
DC 20551.
In general, the Board will enter all
comments received into the docket and
publish them without change on the
Board’s public Web site,
www.federalreserve.gov;
Regulations.gov; and https://
egrpra.ffiec.gov. Comments received,
including attachments and other
supporting materials, as well as any
business or personal information you
provide, such as your name and
address, email address, or phone
number, are part of the public record
and subject to public disclosure.
Therefore, please do not enclose any
information with your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
You may inspect and photocopy in
person all comments received by the
Board in Room 3515, 1801 K Street NW.
(between 18th and 19th Street NW.),
Washington, DC 20006, between 9:00
a.m. and 5:00 p.m. on weekdays. For
security reasons, the Board requires that
visitors make an appointment to inspect
comments. You may make an
appointment by calling (202) 452–3000.
Upon arrival, visitors will be required to
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present valid government-issued photo
identification and submit to a security
screening.
FDIC
The FDIC encourages commenters to
submit comments through the Federal
eRulemaking Portal, ‘‘Regulations.gov,’’
in accordance with the directions above.
Alternatively, you may submit
comments by any of the following
methods:
• Agency Web site: https://
www.fdic.gov/regulations/laws/federal.
Follow instructions for submitting
comments on the Agency Web site.
• Email: Comments@FDIC.gov.
Include ‘‘EGRPRA’’ in the subject line of
the message.
• Mail: Robert E. Feldman, Executive
Secretary, Attention: Comments, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
• Hand Delivery/Courier: Guard
station at the rear of the 550 17th Street
Building (located on F Street) on
business days between 7:00 a.m. and
5:00 p.m. (EDT).
The FDIC will post all comments
received to https://www.fdic.gov/
regulations/laws/federal without
change, including any personal
information provided. Comments may
be inspected and photocopied in the
FDIC Public Information Center, 3501
North Fairfax Drive, Room E–1002,
Arlington, VA 22226, between 9:00 a.m.
and 5:00 p.m. (EST) on business days.
Paper copies of public comments may
be ordered from the Public Information
Center by calling (877) 275–3342.
FOR FURTHER INFORMATION CONTACT:
OCC: Heidi M. Thomas, Special
Counsel, (202) 649–5490; for persons
who are deaf or hard of hearing, TTY
(202) 649–5597.
Board: Kevin Wilson, Financial
Analyst, (202) 452–2362; Claudia Von
Pervieux, Counsel (202) 452–2552; for
persons who are deaf or hard of hearing,
TTY (202) 263–4869.
FDIC: Ruth R. Amberg, Assistant
General Counsel, (202) 898–3736; for
persons who are deaf or hard of hearing,
TTY 1–800–925–4618.
SUPPLEMENTARY INFORMATION: EGRPRA 1
directs the Agencies, along with the
Federal Financial Institutions
Examination Council (Council), not less
frequently than once every ten years, to
conduct a review of their regulations to
identify outdated or otherwise
unnecessary regulations imposed on
insured depository institutions. As part
of this review, the Agencies are holding
a series of six outreach meetings to
1 Public Law 104–208 (1996), 110 Stat. 3009–414,
codified at 12 U.S.C. 3311.
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provide an opportunity for bankers,
consumer and community groups, and
other interested persons to present their
views directly to senior management
and staff of the Agencies on any of 12
specific categories of the Agencies’
regulations, as further described below.
The Agencies held the first of these
outreach meetings on December 2, 2014,
in Los Angeles, California; the second
outreach meeting on February 4, 2015,
in Dallas, Texas; the third outreach
meeting on May 4, 2015, in Boston,
Massachusetts; the fourth outreach
meeting, which focused on rural banks
and their communities, in Kansas City,
Missouri on August 4, 2015; and the
fifth outreach meeting on October 19,
2015 in Chicago, Illinois. Additional
details, including videos and transcripts
of the first five outreach meetings, are
available on the EGRPRA Web site at:
https://egrpra.ffiec.gov/outreach/
outreach-index.html.
The final outreach meeting will be
held on December 2, 2015, in the
Washington, DC area at the FDIC’s L.
William Seidman Center at Virginia
Square in Arlington, Virginia, and will
be streamed live at: https://
egrpra.ffiec.gov/. FDIC Chairman Martin
J. Gruenberg, Comptroller of the
Currency Thomas J. Curry, and Federal
Reserve Board Governor Daniel K.
Tarullo are scheduled to attend, along
with senior staff members of the
Agencies. The meeting will consist of
panels of bankers and consumer and
community groups who will present
particular issues. There will be limited
time after each panel for comments from
meeting attendees. In addition, there
will be a session at the end of the
meeting during which audience
members may present views on any of
the regulations under review. The
Agencies reserve the right to limit the
time of individual commenters, if
needed, in order to accommodate the
number of persons desiring to speak.
Comments made by panelists,
audience members, and online
participants at this meeting will be
reflected in the public comment file.
Audience members who do not wish to
comment orally may submit written
comments at the meeting. As noted
above, any interested person may
submit comments through the EGRPRA
Web site during open comment periods
at: https://egrpra.ffiec.gov/submitcomment/submit-comment-index.html
or directly to the Agencies through any
of the other manners specified above.
All participants attending in person
should register for the Washington, DC
area outreach meeting at: https://
egrpra.ffiec.gov/outreach/outreachindex.html. Because of space
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constraints, on-site attendance will be
limited. Online registrations will be
accepted through November 30, 2015, or
until all seats are filled, whichever is
earlier. If seats are available, individuals
may register in person at the L. William
Seidman Center on the day of the
meeting. Individuals do not need to
register to view the live-stream
broadcast.
We note that the meeting will be
video-recorded and publicly webcast in
order to increase education and
outreach. By participating in person at
the meeting, you consent to appear in
such recordings.
Additional Background on EGRPRA
Section 2222 of EGRPRA directs the
Agencies, along with the Council, to
conduct a review of their regulations not
less frequently than once every ten years
to identify outdated or otherwise
unnecessary regulatory requirements
imposed on insured depository
institutions. In conducting this review,
the Agencies are required to categorize
their regulations by type and, at regular
intervals, provide notice and solicit
public comment on categories of
regulations, requesting commenters to
identify areas of regulations that are
outdated, unnecessary, or unduly
burdensome. The statute requires the
Agencies to publish in the Federal
Register a summary of the comments
received, identifying significant issues
raised and commenting on these issues.
The statute also directs the Agencies to
eliminate unnecessary regulations to the
extent that such action is appropriate.
Finally, section 2222 requires the
Council, of which the Agencies are
members, to submit a report to Congress
that summarizes any significant issues
raised in the public comments and the
relative merits of such issues. The report
also must include an analysis of
whether the Agencies are able to
address the regulatory burdens
associated with such issues by
regulation or whether these burdens
must be addressed by legislative action.
For purposes of this review, the
Agencies have grouped our regulations
into 12 categories: Applications and
Reporting; Banking Operations; Capital;
Community Reinvestment Act;
Consumer Protection; Directors, Officers
and Employees; International
Operations; Money Laundering; Powers
and Activities; Rules of Procedure;
Safety and Soundness; and Securities.
On June 4, 2014, we published a
Federal Register document announcing
the start of the EGRPRA review process
and also asking for public comment on
three of these categories—Applications
and Reporting; Powers and Activities;
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and International Operations
regulations.2 In that document we
published a chart, listing the Agencies’
regulations in the 12 categories included
in the EGRPRA review. The comment
period for this Federal Register
document closed on September 2, 2014.
On February 13, 2015, we published a
Federal Register document asking for
public comment on three additional
categories—Banking Operations;
Capital; and the Community
Reinvestment Act.3 The comment
period for the second Federal Register
document closed on May 14, 2015. On
June 5, 2015, the Agencies published a
third Federal Register document asking
for public comment on three additional
categories—Consumer Protection;
Directors, Officers and Employees; and
Money Laundering.4 This third Federal
Register document announced that the
Agencies’ expanded the scope of the
EGRPRA review to cover newly issued
regulations. The comment period for the
third document closed on September 3,
2015. Before the end of the year, the
Agencies intend to issue the final
Federal Register document, requesting
comment on regulations in the last three
categories—Rules of Procedure; Safety
and Soundness; and Securities, as well
as on any other final rules not covered
by one of the prior Federal Register
documents. In addition, to be as
inclusive as possible, the Agencies will
invite comment during the comment
period for the fourth document on any
Agency rule that is issued in final form
before the end of the year. Finally, as
noted in prior documents, the Agencies
will continue to accept comments on
any rules included in the prior Federal
Register documents for which we have
already sought comment during the
open comment period in the final
Federal Register document.
Dated: November 18, 2015.
Thomas J. Curry,
Comptroller of the Currency.
By order of the Board of Governors of the
Federal Reserve System, November 19, 2015.
Robert deV. Frierson,
Secretary of the Board.
Dated: November 18, 2015.
Robert E. Feldman,
Executive Secretary, Federal Deposit
Insurance Corporation.
[FR Doc. 2015–30247 Filed 11–27–15; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P
2 79
FR 32172.
FR 7980.
4 80 FR 32046.
3 80
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DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 39
[Docket No. FAA–2015–6542; Directorate
Identifier 2015–NM–038–AD]
RIN 2120–AA64
Airworthiness Directives; Embraer S.A.
Airplanes
Federal Aviation
Administration (FAA), DOT.
ACTION: Notice of proposed rulemaking
(NPRM).
AGENCY:
We propose to adopt a new
airworthiness directive (AD) for all
Embraer S.A. Model ERJ 170 airplanes;
and all Embraer S.A. Model ERJ 190–
100 STD, –100 LR, –100 IGW, –200
STD, –200 LR, and –200 IGW airplanes.
This proposed AD was prompted by
reports of cracks in certain engine lowstage bleed check valves. This proposed
AD would require replacing the air
management system (AMS) controller
operation program of the AMS
controller processor boards, and
replacement of the current low-stage
bleed check valve and associated seals.
We are proposing this AD to prevent
failure of the low-stage bleed check
valve, which could result in dual engine
in-flight shutdown.
DATES: We must receive comments on
this proposed AD by January 14, 2016.
ADDRESSES: You may send comments,
using the procedures found in 14 CFR
11.43 and 11.45, by any of the following
methods:
• Federal eRulemaking Portal: Go to
https://www.regulations.gov. Follow the
instructions for submitting comments.
• Fax: 202–493–2251.
• Mail: U.S. Department of
Transportation, Docket Operations, M–
30, West Building Ground Floor, Room
W12–140, 1200 New Jersey Avenue SE.,
Washington, DC 20590.
• Hand Delivery: U.S. Department of
Transportation, Docket Operations, M–
30, West Building Ground Floor, Room
W12–140, 1200 New Jersey Avenue SE.,
Washington, DC, between 9 a.m. and 5
p.m., Monday through Friday, except
Federal holidays.
For service information identified in
this proposed AD, contact Embraer S.A.,
Technical Publications Section (PC
060), Av. Brigadeiro Faria Lima, 2170–
˜
Putim–12227–901 Sao Jose dos
Campos–SP–BRASIL; telephone +55 12
3927–5852 or +55 12 3309–0732; fax
+55 12 3927–7546; email distrib@
embraer.com.br; Internet https://
www.flyembraer.com. You may view
SUMMARY:
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this referenced service information at
the FAA, Transport Airplane
Directorate, 1601 Lind Avenue SW.,
Renton, WA. For information on the
availability of this material at the FAA,
call 425–227–1221.
Examining the AD Docket
You may examine the AD docket on
the Internet at https://
www.regulations.gov by searching for
and locating Docket No. FAA–2015–
6542; or in person at the Docket
Management Facility between 9 a.m.
and 5 p.m., Monday through Friday,
except Federal holidays. The AD docket
contains this proposed AD, the
regulatory evaluation, any comments
received, and other information. The
street address for the Docket Operations
office (telephone 800–647–5527) is in
the ADDRESSES section. Comments will
be available in the AD docket shortly
after receipt.
FOR FURTHER INFORMATION CONTACT: Ana
Martinez Hueto, Aerospace Engineer,
International Branch, ANM–116,
Transport Airplane Directorate, FAA,
1601 Lind Avenue SW., Renton, WA
98057–3356; telephone 425–227–1622;
fax 425–227–1149.
SUPPLEMENTARY INFORMATION:
Comments Invited
We invite you to send any written
relevant data, views, or arguments about
this proposed AD. Send your comments
to an address listed under the
ADDRESSES section. Include ‘‘Docket No.
FAA–2015–6542; Directorate Identifier
2015–NM–038–AD’’ at the beginning of
your comments. We specifically invite
comments on the overall regulatory,
economic, environmental, and energy
aspects of this proposed AD. We will
consider all comments received by the
closing date and may amend this
proposed AD based on those comments.
We will post all comments we
receive, without change, to https://
www.regulations.gov, including any
personal information you provide. We
will also post a report summarizing each
substantive verbal contact we receive
about this proposed AD.
Discussion
ˆ
The Agencia Nacional de Aviacao
¸˜
Civil (ANAC), which is the aviation
authority for Brazil, has issued Brazilian
Airworthiness Directive 2015–02–02,
dated March 6, 2015 (referred to after
this as the Mandatory Continuing
Airworthiness Information, or ‘‘the
MCAI’’), to correct an unsafe condition
for Embraer S.A. Model ERJ 190–100
STD, –100 LR, –100 IGW, –200 STD,
–200 LR, and –200 IGW airplanes. The
MCAI states:
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Agencies
[Federal Register Volume 80, Number 229 (Monday, November 30, 2015)]
[Proposed Rules]
[Pages 74718-74720]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-30247]
[[Page 74718]]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
12 CFR Chapter I
[Docket ID FFIEC-2014-0001]
FEDERAL RESERVE SYSTEM
12 CFR Chapter II
[Docket No. R-1510]
FEDERAL DEPOSIT INSURANCE CORPORATION
[12 CFR Chapter III]
Regulatory Publication and Review Under the Economic Growth and
Regulatory Paperwork Reduction Act of 1996
AGENCY: Office of the Comptroller of the Currency (``OCC''), Treasury;
Board of Governors of the Federal Reserve System (``Board''); and
Federal Deposit Insurance Corporation (``FDIC'').
ACTION: Notice of outreach meeting.
-----------------------------------------------------------------------
SUMMARY: The OCC, Board, and FDIC (together ``we'' or ``Agencies'')
announce the sixth and final outreach meeting on the Agencies'
interagency process to review their regulations under the Economic
Growth and Regulatory Paperwork Reduction Act of 1996 (``EGRPRA'').
DATES: An outreach meeting will be held in the Washington, DC area at
the FDIC's L. William Seidman Center at Virginia Square in Arlington,
Virginia, on Wednesday December 2, 2015, beginning at 9:00 a.m. Eastern
Standard Time (EST). Online registrations will be accepted through
November 30, 2015, or until all seats are filled, whichever is earlier.
If seats are available after the close of online registration,
individuals may register in person at the L. William Seidman Center on
the day of the meeting.
ADDRESSES: The Agencies will hold the December 2, 2015, outreach
meeting at the FDIC's L. William Seidman Center at Virginia Square,
3501 Fairfax Drive, Arlington, VA 22226. Live video of this meeting
will be streamed at: https://egrpra.ffiec.gov/. Participants attending
in person should register at: https://egrpra.ffiec.gov/outreach/outreach-index.html.
In addition, to enhance participation, interested persons anywhere
in the country will have the opportunity to view and participate in the
meeting online using their computers. Members of the public watching
online will be able to submit written comments at any time during the
meeting using the text chat feature. In addition to the online option,
a toll-free telephone number (800) 857-9751 (Participant passcode:
6040376) is available for members of the public who would like only to
listen to the meeting, and who may choose later to submit written
comments. Information regarding these additional participation options
is described in the meeting details section for the Washington, DC area
meeting at: https://egrpra.ffiec.gov/outreach/outreach-meeting-details-dc.html.
Any interested individual may submit comments through the EGRPRA
Web site during open comment periods at: https://egrpra.ffiec.gov/submit-comment/submit-comment-index.html. On this site, click ``Submit
a Comment'' and follow the instructions. Alternatively, comments also
may be submitted through the Federal eRulemaking Portal
``Regulations.gov'' at: https://www.regulations.gov. Enter ``Docket ID
FFIEC-2014-0001'' in the Search Box, click ``Search,'' and click
``Comment Now.'' Those who wish to submit their comments by an
alternate means may do so as indicated by each agency below.
OCC
The OCC encourages commenters to submit comments through the
Federal eRulemaking Portal, Regulations.gov, in accordance with the
previous paragraph. Alternatively, comments may be emailed to
regs.comments@occ.treas.gov or sent by mail to Legislative and
Regulatory Activities Division, Office of the Comptroller of the
Currency, Mail Stop 9W-11, 400 7th Street SW., Washington, DC 20219.
Comments also may be faxed to (571) 465-4326 or hand delivered or sent
by courier to 400 7th Street SW., Washington, DC 20219. For comments
submitted by any means other than Regulations.gov, you must include
``OCC'' as the agency name and ``Docket ID FFIEC-2014-0001'' in your
comment.
In general, the OCC will enter all comments received into the
docket and publish them without change on Regulations.gov. Comments
received, including attachments and other supporting materials, as well
as any business or personal information you provide, such as your name
and address, email address, or phone number, are part of the public
record and subject to public disclosure. Therefore, please do not
include any information with your comment or supporting materials that
you consider confidential or inappropriate for public disclosure.
You may inspect and photocopy in person all comments received by
the OCC at 400 7th Street SW., Washington, DC 20219. For security
reasons, the OCC requires that visitors make an appointment to inspect
or photocopy comments. You may make an appointment by calling (202)
649-6700 or, for persons who are deaf or hard of hearing, TTY (202)
649-5597. Upon arrival, visitors will be required to present valid
government-issued photo identification and submit to a security
screening.
Board
The Board encourages commenters to submit comments regarding the
Board's regulations by any of the following methods:
Agency Web site: https://www.federalreserve.gov/apps/foia/proposedregs.aspx. Follow the instructions for submitting comments on
the Agency Web site.
Federal eRulemaking Portal, in accordance with the
directions above.
Email: regs.comments@federalreserve.gov. Include
``EGRPRA'' and Docket No. R-1510 in the subject line of the message.
FAX: (202) 452-3819.
Mail: Robert deV. Frierson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue NW.,
Washington, DC 20551.
In general, the Board will enter all comments received into the
docket and publish them without change on the Board's public Web site,
www.federalreserve.gov; Regulations.gov; and https://egrpra.ffiec.gov.
Comments received, including attachments and other supporting
materials, as well as any business or personal information you provide,
such as your name and address, email address, or phone number, are part
of the public record and subject to public disclosure. Therefore,
please do not enclose any information with your comment or supporting
materials that you consider confidential or inappropriate for public
disclosure.
You may inspect and photocopy in person all comments received by
the Board in Room 3515, 1801 K Street NW. (between 18th and 19th Street
NW.), Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on
weekdays. For security reasons, the Board requires that visitors make
an appointment to inspect comments. You may make an appointment by
calling (202) 452-3000. Upon arrival, visitors will be required to
[[Page 74719]]
present valid government-issued photo identification and submit to a
security screening.
FDIC
The FDIC encourages commenters to submit comments through the
Federal eRulemaking Portal, ``Regulations.gov,'' in accordance with the
directions above. Alternatively, you may submit comments by any of the
following methods:
Agency Web site: https://www.fdic.gov/regulations/laws/federal. Follow instructions for submitting comments on the Agency Web
site.
Email: Comments@FDIC.gov. Include ``EGRPRA'' in the
subject line of the message.
Mail: Robert E. Feldman, Executive Secretary, Attention:
Comments, Federal Deposit Insurance Corporation, 550 17th Street NW.,
Washington, DC 20429.
Hand Delivery/Courier: Guard station at the rear of the
550 17th Street Building (located on F Street) on business days between
7:00 a.m. and 5:00 p.m. (EDT).
The FDIC will post all comments received to https://www.fdic.gov/regulations/laws/federal without change, including any personal
information provided. Comments may be inspected and photocopied in the
FDIC Public Information Center, 3501 North Fairfax Drive, Room E-1002,
Arlington, VA 22226, between 9:00 a.m. and 5:00 p.m. (EST) on business
days. Paper copies of public comments may be ordered from the Public
Information Center by calling (877) 275-3342.
FOR FURTHER INFORMATION CONTACT:
OCC: Heidi M. Thomas, Special Counsel, (202) 649-5490; for persons
who are deaf or hard of hearing, TTY (202) 649-5597.
Board: Kevin Wilson, Financial Analyst, (202) 452-2362; Claudia Von
Pervieux, Counsel (202) 452-2552; for persons who are deaf or hard of
hearing, TTY (202) 263-4869.
FDIC: Ruth R. Amberg, Assistant General Counsel, (202) 898-3736;
for persons who are deaf or hard of hearing, TTY 1-800-925-4618.
SUPPLEMENTARY INFORMATION: EGRPRA \1\ directs the Agencies, along with
the Federal Financial Institutions Examination Council (Council), not
less frequently than once every ten years, to conduct a review of their
regulations to identify outdated or otherwise unnecessary regulations
imposed on insured depository institutions. As part of this review, the
Agencies are holding a series of six outreach meetings to provide an
opportunity for bankers, consumer and community groups, and other
interested persons to present their views directly to senior management
and staff of the Agencies on any of 12 specific categories of the
Agencies' regulations, as further described below. The Agencies held
the first of these outreach meetings on December 2, 2014, in Los
Angeles, California; the second outreach meeting on February 4, 2015,
in Dallas, Texas; the third outreach meeting on May 4, 2015, in Boston,
Massachusetts; the fourth outreach meeting, which focused on rural
banks and their communities, in Kansas City, Missouri on August 4,
2015; and the fifth outreach meeting on October 19, 2015 in Chicago,
Illinois. Additional details, including videos and transcripts of the
first five outreach meetings, are available on the EGRPRA Web site at:
https://egrpra.ffiec.gov/outreach/outreach-index.html.
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\1\ Public Law 104-208 (1996), 110 Stat. 3009-414, codified at
12 U.S.C. 3311.
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The final outreach meeting will be held on December 2, 2015, in the
Washington, DC area at the FDIC's L. William Seidman Center at Virginia
Square in Arlington, Virginia, and will be streamed live at: https://egrpra.ffiec.gov/. FDIC Chairman Martin J. Gruenberg, Comptroller of
the Currency Thomas J. Curry, and Federal Reserve Board Governor Daniel
K. Tarullo are scheduled to attend, along with senior staff members of
the Agencies. The meeting will consist of panels of bankers and
consumer and community groups who will present particular issues. There
will be limited time after each panel for comments from meeting
attendees. In addition, there will be a session at the end of the
meeting during which audience members may present views on any of the
regulations under review. The Agencies reserve the right to limit the
time of individual commenters, if needed, in order to accommodate the
number of persons desiring to speak.
Comments made by panelists, audience members, and online
participants at this meeting will be reflected in the public comment
file. Audience members who do not wish to comment orally may submit
written comments at the meeting. As noted above, any interested person
may submit comments through the EGRPRA Web site during open comment
periods at: https://egrpra.ffiec.gov/submit-comment/submit-comment-index.html or directly to the Agencies through any of the other manners
specified above.
All participants attending in person should register for the
Washington, DC area outreach meeting at: https://egrpra.ffiec.gov/outreach/outreach-index.html. Because of space constraints, on-site
attendance will be limited. Online registrations will be accepted
through November 30, 2015, or until all seats are filled, whichever is
earlier. If seats are available, individuals may register in person at
the L. William Seidman Center on the day of the meeting. Individuals do
not need to register to view the live-stream broadcast.
We note that the meeting will be video-recorded and publicly
webcast in order to increase education and outreach. By participating
in person at the meeting, you consent to appear in such recordings.
Additional Background on EGRPRA
Section 2222 of EGRPRA directs the Agencies, along with the
Council, to conduct a review of their regulations not less frequently
than once every ten years to identify outdated or otherwise unnecessary
regulatory requirements imposed on insured depository institutions. In
conducting this review, the Agencies are required to categorize their
regulations by type and, at regular intervals, provide notice and
solicit public comment on categories of regulations, requesting
commenters to identify areas of regulations that are outdated,
unnecessary, or unduly burdensome. The statute requires the Agencies to
publish in the Federal Register a summary of the comments received,
identifying significant issues raised and commenting on these issues.
The statute also directs the Agencies to eliminate unnecessary
regulations to the extent that such action is appropriate. Finally,
section 2222 requires the Council, of which the Agencies are members,
to submit a report to Congress that summarizes any significant issues
raised in the public comments and the relative merits of such issues.
The report also must include an analysis of whether the Agencies are
able to address the regulatory burdens associated with such issues by
regulation or whether these burdens must be addressed by legislative
action.
For purposes of this review, the Agencies have grouped our
regulations into 12 categories: Applications and Reporting; Banking
Operations; Capital; Community Reinvestment Act; Consumer Protection;
Directors, Officers and Employees; International Operations; Money
Laundering; Powers and Activities; Rules of Procedure; Safety and
Soundness; and Securities. On June 4, 2014, we published a Federal
Register document announcing the start of the EGRPRA review process and
also asking for public comment on three of these categories--
Applications and Reporting; Powers and Activities;
[[Page 74720]]
and International Operations regulations.\2\ In that document we
published a chart, listing the Agencies' regulations in the 12
categories included in the EGRPRA review. The comment period for this
Federal Register document closed on September 2, 2014. On February 13,
2015, we published a Federal Register document asking for public
comment on three additional categories--Banking Operations; Capital;
and the Community Reinvestment Act.\3\ The comment period for the
second Federal Register document closed on May 14, 2015. On June 5,
2015, the Agencies published a third Federal Register document asking
for public comment on three additional categories--Consumer Protection;
Directors, Officers and Employees; and Money Laundering.\4\ This third
Federal Register document announced that the Agencies' expanded the
scope of the EGRPRA review to cover newly issued regulations. The
comment period for the third document closed on September 3, 2015.
Before the end of the year, the Agencies intend to issue the final
Federal Register document, requesting comment on regulations in the
last three categories--Rules of Procedure; Safety and Soundness; and
Securities, as well as on any other final rules not covered by one of
the prior Federal Register documents. In addition, to be as inclusive
as possible, the Agencies will invite comment during the comment period
for the fourth document on any Agency rule that is issued in final form
before the end of the year. Finally, as noted in prior documents, the
Agencies will continue to accept comments on any rules included in the
prior Federal Register documents for which we have already sought
comment during the open comment period in the final Federal Register
document.
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\2\ 79 FR 32172.
\3\ 80 FR 7980.
\4\ 80 FR 32046.
Dated: November 18, 2015.
Thomas J. Curry,
Comptroller of the Currency.
By order of the Board of Governors of the Federal Reserve
System, November 19, 2015.
Robert deV. Frierson,
Secretary of the Board.
Dated: November 18, 2015.
Robert E. Feldman,
Executive Secretary, Federal Deposit Insurance Corporation.
[FR Doc. 2015-30247 Filed 11-27-15; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P