Agency Information Collection Activities: Submission for OMB Review; Comment Request (3064-0189), 10621-10622 [2016-04436]
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Federal Register / Vol. 81, No. 40 / Tuesday, March 1, 2016 / Notices
Dated: February 22, 2016.
Joel Beauvais,
Deputy Assistant Administrator, Office of
Water.
[FR Doc. 2016–04448 Filed 2–29–16; 8:45 am]
BILLING CODE 6560–50–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request (3064–
0189)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:
The FDIC, 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 the renewal of an existing
information collection, as required by
the Paperwork Reduction Act of 1995.
On December 15, 2015, (80 FR 77631),
the FDIC requested comment for 60 days
on a proposal to renew the information
collection described below. No
comments were received. The FDIC
hereby gives notice of its plan to submit
to OMB a request to approve the
renewal of this collection, and again
invites comment on this renewal.
DATES: Comments must be submitted on
or before March 31, 2016.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal/.
• Email: comments@fdic.gov Include
OMB control number ‘‘3064–0189’’ in
the subject line of the message.
• Mail: Gary A. Kuiper
(202.898.3877), Counsel, Room MB–
3016, or Manuel E. Cabeza,
(202.898.3767), Counsel, Room MB–
3105, Federal Deposit Insurance
Corporation, 550 17th Street NW.,
Washington, DC 20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street Building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to OMB
control number ‘‘3064–0189.’’ A copy of
the comments may also be submitted to
the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
asabaliauskas on DSK5VPTVN1PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
20:18 Feb 29, 2016
Jkt 238001
Gary
A. Kuiper or Manuel E. Cabeza, at the
FDIC address above.
SUPPLEMENTARY INFORMATION: Proposal
to renew the following currentlyapproved collection of information:
1. Title: Annual Stress Test Reporting;
Over $50 Billion Templates.
OMB Number: 3064–0189.
Affected Public: Insured state
nonmember banks.
Frequency of Response: Annually.
Estimated Number of Respondents: 4.
Estimated Number of Responses: 1.
Estimated Time per Response: 1,114
hours.
Total Annual Burden: 4,456 hours.
General Description: Section 165(i)(2)
of the Dodd-Frank Wall Street Reform
and Consumer Protection Act (‘‘DoddFrank Act’’) requires certain financial
companies, including state nonmember
banks and state savings associations, to
conduct annual stress tests and requires
the primary financial regulatory agency
of those financial companies to issue
regulations implementing the stress test
requirements. A state nonmember bank
or state savings association is a ‘‘covered
bank’’ and therefore subject to the stress
test requirements if its total
consolidated assets are more than $10
billion. Under section 165(i)(2), a
covered bank is required to submit to
the Board of Governors of the Federal
Reserve System (‘‘Board’’) and to its
primary financial regulatory agency a
report at such time, in such form, and
containing such information as the
primary financial regulatory agency
shall require.
The revisions to the DFAST–14A
reporting templates consist of clarifying
instructions, adding data items, deleting
data items, and redefining existing data
items. The proposed revisions also
include a shift of the as-of date in
accordance with modifications to the
FDIC’s stress testing rule.1 These
revisions also reflect the
implementation of the final Basel III
regulatory capital rule. On July 9, 2013,
the FDIC approved an interim final rule
that will revise and replace the FDIC’s
risk-based and leverage capital
requirements to be consistent with
agreements reached by the Basel
Committee on Banking Supervision in
‘‘Basel III: A Global Regulatory
Framework for More Resilient Banks
and Banking Systems’’ (Basel III).2 The
final rule was published in the Federal
Register on April 14, 2014 (‘‘Revised
Capital Framework’’).3 The revisions
include implementation of a new
FOR FURTHER INFORMATION CONTACT:
1 See
79 FR 69365 (November 21, 2014).
FR 55340 (September 10, 2013).
3 79 FR 20754 (April 14, 2014).
2 78
PO 00000
Frm 00057
Fmt 4703
Sfmt 4703
10621
definition of regulatory capital, a new
common equity tier 1 minimum capital
requirement, a higher minimum tier 1
capital requirement, and, for banking
organizations subject to the Advanced
Approaches capital rules, a
supplementary leverage ratio that
incorporates a broader set of exposures
in the denominator measure. In
addition, the rule will amend the
methodologies for determining risk
weighted assets. All banking
organizations that are not subject to the
Advanced Approaches Rule were
required to comply with the Revised
Capital Framework, as of January 1,
2015.
The proposed changes would (1)
increase consistency between the
DFAST–14A with the FR Y–14A, CALL
Report, FFIEC 101, and FFIEC 102; (2)
remove the requirement to calculate tier
1 common capital and the tier 1
common ratio; and (3) shift the as-of
dates by one quarter in accordance with
the modifications to the stress test rules.
Furthermore, the FDIC understands that
the Board is currently collecting
information for the Summary Schedule
via XML technology, and the FDIC
would use a similar format to enhance
consistency and reduce regulatory
burden. Technical details on these
forms would be provided separately.
Schedule A (Summary)—A.1.c.1
(General RWA)
This schedule would be removed in
accordance with the proposed revisions
to eliminate use of the tier 1 common
ratio, effective for the 2016 DFAST
submission.
Schedule A (Summary)—Revisions to
Schedule A.1.c.2 (Standardized RWA)
This schedule would be modified to
increase consistency with the FFIEC
102. Specifically, the items of the
existing market risk-weighted asset
portion would be replaced with the
appropriate items from the FFIEC 102.
Schedule A (Summary)—Revisions to
Schedule A.1.d (Capital)
The FDIC removed certain items
related to tier 1 common capital,
effective for the 2016 DFAST
submission. Additionally, the FDIC
added one item that captures the
aggregate non-significant investments in
the capital of unconsolidated financial
institutions in the form of common
stock and breaking out two items related
to deferred tax assets into the amount
before valuation allowances and the
associated valuation allowance. The
additional information from these
changes would result in two existing
items converting to derived items based
E:\FR\FM\01MRN1.SGM
01MRN1
10622
Federal Register / Vol. 81, No. 40 / Tuesday, March 1, 2016 / Notices
on the additional information. These
changes would be effective for the 2017
DFAST submission.
Schedule A (Summary)—Revisions to
Schedule A.2.b (Retail Repurchase)
Dated at Washington, DC, this 25th day of
February, 2016.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016–04436 Filed 2–29–16; 8:45 am]
BILLING CODE 6714–01–P
This schedule would be removed to
reduce reporting burden, effective for
the 2017 DFAST submission.
FEDERAL RESERVE SYSTEM
Schedule A (Summary)—Deletion of
Schedule A.2.c (ASC 310–30)
Government in the Sunshine Meeting
Notice
This schedule would be removed to
reduce reporting burden, effective for
the 2017 DFAST submission.
AGENCY HOLDING THE MEETING:
Schedule A (Summary)—Revisions to
Schedule A.7.c (PPNR Metrics)
In order to fully align the schedule
with the stress scenarios, the beta
information would be collected
according to the scenario instead of the
current ‘‘normal environment’’
requirement. The effective date for the
PPNR Metrics schedule changes will be
the 2017 DFAST submission.
Counterparty Credit Risk Schedule
This schedule would be removed to
reduce reporting burden effective for the
2016 DFAST submission. Aggregate
counterparty credit risk information will
continue to be obtained through the
Summary Schedule (Schedule A).
Regulatory Capital Transitions Schedule
The FDIC has modified this schedule
by removing projected year six from the
projection period.
Regulatory Capital Instruments
Schedule
The FDIC has modified this schedule
by removing line items corresponding to
the general risk-based capital rules.
asabaliauskas on DSK5VPTVN1PROD with NOTICES
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
Federal Deposit Insurance Corporation.
VerDate Sep<11>2014
20:18 Feb 29, 2016
Jkt 238001
Board of
Governors of the Federal Reserve
System.
TIME AND DATE: 3:00 p.m. on Friday,
March 4, 2016.
PLACE: Marriner S. Eccles Federal
Reserve Board Building, 20th Street
entrance between Constitution Avenue
and C Streets, NW., Washington, DC
20551.
STATUS: Open.
On the day of the meeting, you will
be able to view the meeting via webcast
from a link available on the Board’s
public Web site. You do not need to
register to view the webcast of the
meeting. A link to the meeting
documentation will also be available
approximately 20 minutes before the
start of the meeting. Both links may be
accessed from the Board’s public Web
site at www.federalreserve.gov.
If you plan to attend the open meeting
in person, we ask that you notify us in
advance and provide your name, date of
birth, and social security number (SSN)
or passport number. You may provide
this information by calling 202–452–
2474 or you may register online. You
may pre-register until close of business
on Thursday, March 3, 2016. You also
will be asked to provide identifying
information, including a photo ID,
before being admitted to the Board
meeting. The Public Affairs Office must
approve the use of cameras; please call
202–452–2955 for further information. If
you need an accommodation for a
disability, please contact Penelope
Beattie on 202–452–3982. For the
hearing impaired only, please use the
Telecommunication Device for the Deaf
(TDD) on 202–263–4869.
Privacy Act Notice: The information
you provide will be used to assist us in
prescreening you to ensure the security
of the Board’s premises and personnel.
In order to do this, we may disclose
your information consistent with the
routine uses listed in the Privacy Act
Notice for BGFRS–32, including to
appropriate federal, state, local, or
foreign agencies where disclosure is
reasonably necessary to determine
whether you pose a security risk or
PO 00000
Frm 00058
Fmt 4703
Sfmt 4703
where the security or confidentiality of
your information has been
compromised. We are authorized to
collect your information by 12 U.S.C.
§§ 243 and 248, and Executive Order
9397. In accordance with Executive
Order 9397, we collect your SSN so that
we can keep accurate records, because
other people may have the same name
and birth date. In addition, we use your
SSN when we make requests for
information about you from law
enforcement and other regulatory
agency databases. Furnishing the
information requested is voluntary;
however, your failure to provide any of
the information requested may result in
disapproval of your request for access to
the Board’s premises. You may be
subject to a fine or imprisonment under
18 U.S.C. § 1001 for any false statements
you make in your request to enter the
Board’s premises.
MATTERS TO BE CONSIDERED:
Discussion Agenda
1. Proposal to establish singlecounterparty credit limits for large U.S.
bank holding companies and foreign
banking organizations.
Notes:
1. The staff memo to the Board will
be made available to attendees on the
day of the meeting in paper and the
background material will be made
available on a compact disc (CD). If you
require a paper copy of the entire
document, please call Penelope Beattie
on 202–452–3982. The documentation
will not be available until about 20
minutes before the start of the meeting.
2. This meeting will be recorded for
the benefit of those unable to attend.
The webcast recording and a transcript
of the meeting will be available after the
meeting on the Board’s public Web site
https://www.federalreserve.gov/
aboutthefed/boardmeetings/ or if you
prefer, a CD recording of the meeting
will be available for listening in the
Board’s Freedom of Information Office,
and copies can be ordered for $4 per
disc by calling 202–452–3684 or by
writing to: Freedom of Information
Office, Board of Governors of the
Federal Reserve System, Washington,
DC 20551.
FOR MORE INFORMATION PLEASE CONTACT:
Michelle Smith, Director, or Dave
Skidmore, Assistant to the Board, Office
of Board Members at 202–452–2955.
SUPPLEMENTARY INFORMATION: You may
access the Board’s public Web site at
www.federalreserve.gov for an electronic
announcement. (The Web site also
includes procedural and other
information about the open meeting.)
E:\FR\FM\01MRN1.SGM
01MRN1
]]>Agencies
[Federal Register Volume 81, Number 40 (Tuesday, March 1, 2016)]
[Notices]
[Pages 10621-10622]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-04436]
=======================================================================
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Comment Request (3064-0189)
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The FDIC, 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 the renewal of an
existing information collection, as required by the Paperwork Reduction
Act of 1995. On December 15, 2015, (80 FR 77631), the FDIC requested
comment for 60 days on a proposal to renew the information collection
described below. No comments were received. The FDIC hereby gives
notice of its plan to submit to OMB a request to approve the renewal of
this collection, and again invites comment on this renewal.
DATES: Comments must be submitted on or before March 31, 2016.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
https://www.FDIC.gov/regulations/laws/federal/.
Email: comments@fdic.gov Include OMB control number
``3064-0189'' in the subject line of the message.
Mail: Gary A. Kuiper (202.898.3877), Counsel, Room MB-
3016, or Manuel E. Cabeza, (202.898.3767), Counsel, Room MB-3105,
Federal Deposit Insurance Corporation, 550 17th Street NW., Washington,
DC 20429.
Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street Building (located on F Street),
on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to OMB control number ``3064-0189.'' A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper or Manuel E. Cabeza, at
the FDIC address above.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently-
approved collection of information:
1. Title: Annual Stress Test Reporting; Over $50 Billion Templates.
OMB Number: 3064-0189.
Affected Public: Insured state nonmember banks.
Frequency of Response: Annually.
Estimated Number of Respondents: 4.
Estimated Number of Responses: 1.
Estimated Time per Response: 1,114 hours.
Total Annual Burden: 4,456 hours.
General Description: Section 165(i)(2) of the Dodd-Frank Wall
Street Reform and Consumer Protection Act (``Dodd-Frank Act'') requires
certain financial companies, including state nonmember banks and state
savings associations, to conduct annual stress tests and requires the
primary financial regulatory agency of those financial companies to
issue regulations implementing the stress test requirements. A state
nonmember bank or state savings association is a ``covered bank'' and
therefore subject to the stress test requirements if its total
consolidated assets are more than $10 billion. Under section 165(i)(2),
a covered bank is required to submit to the Board of Governors of the
Federal Reserve System (``Board'') and to its primary financial
regulatory agency a report at such time, in such form, and containing
such information as the primary financial regulatory agency shall
require.
The revisions to the DFAST-14A reporting templates consist of
clarifying instructions, adding data items, deleting data items, and
redefining existing data items. The proposed revisions also include a
shift of the as-of date in accordance with modifications to the FDIC's
stress testing rule.\1\ These revisions also reflect the implementation
of the final Basel III regulatory capital rule. On July 9, 2013, the
FDIC approved an interim final rule that will revise and replace the
FDIC's risk-based and leverage capital requirements to be consistent
with agreements reached by the Basel Committee on Banking Supervision
in ``Basel III: A Global Regulatory Framework for More Resilient Banks
and Banking Systems'' (Basel III).\2\ The final rule was published in
the Federal Register on April 14, 2014 (``Revised Capital
Framework'').\3\ The revisions include implementation of a new
definition of regulatory capital, a new common equity tier 1 minimum
capital requirement, a higher minimum tier 1 capital requirement, and,
for banking organizations subject to the Advanced Approaches capital
rules, a supplementary leverage ratio that incorporates a broader set
of exposures in the denominator measure. In addition, the rule will
amend the methodologies for determining risk weighted assets. All
banking organizations that are not subject to the Advanced Approaches
Rule were required to comply with the Revised Capital Framework, as of
January 1, 2015.
---------------------------------------------------------------------------
\1\ See 79 FR 69365 (November 21, 2014).
\2\ 78 FR 55340 (September 10, 2013).
\3\ 79 FR 20754 (April 14, 2014).
---------------------------------------------------------------------------
The proposed changes would (1) increase consistency between the
DFAST-14A with the FR Y-14A, CALL Report, FFIEC 101, and FFIEC 102; (2)
remove the requirement to calculate tier 1 common capital and the tier
1 common ratio; and (3) shift the as-of dates by one quarter in
accordance with the modifications to the stress test rules.
Furthermore, the FDIC understands that the Board is currently
collecting information for the Summary Schedule via XML technology, and
the FDIC would use a similar format to enhance consistency and reduce
regulatory burden. Technical details on these forms would be provided
separately.
Schedule A (Summary)--A.1.c.1 (General RWA)
This schedule would be removed in accordance with the proposed
revisions to eliminate use of the tier 1 common ratio, effective for
the 2016 DFAST submission.
Schedule A (Summary)--Revisions to Schedule A.1.c.2 (Standardized RWA)
This schedule would be modified to increase consistency with the
FFIEC 102. Specifically, the items of the existing market risk-weighted
asset portion would be replaced with the appropriate items from the
FFIEC 102.
Schedule A (Summary)--Revisions to Schedule A.1.d (Capital)
The FDIC removed certain items related to tier 1 common capital,
effective for the 2016 DFAST submission. Additionally, the FDIC added
one item that captures the aggregate non-significant investments in the
capital of unconsolidated financial institutions in the form of common
stock and breaking out two items related to deferred tax assets into
the amount before valuation allowances and the associated valuation
allowance. The additional information from these changes would result
in two existing items converting to derived items based
[[Page 10622]]
on the additional information. These changes would be effective for the
2017 DFAST submission.
Schedule A (Summary)--Revisions to Schedule A.2.b (Retail Repurchase)
This schedule would be removed to reduce reporting burden,
effective for the 2017 DFAST submission.
Schedule A (Summary)--Deletion of Schedule A.2.c (ASC 310-30)
This schedule would be removed to reduce reporting burden,
effective for the 2017 DFAST submission.
Schedule A (Summary)--Revisions to Schedule A.7.c (PPNR Metrics)
In order to fully align the schedule with the stress scenarios, the
beta information would be collected according to the scenario instead
of the current ``normal environment'' requirement. The effective date
for the PPNR Metrics schedule changes will be the 2017 DFAST
submission.
Counterparty Credit Risk Schedule
This schedule would be removed to reduce reporting burden effective
for the 2016 DFAST submission. Aggregate counterparty credit risk
information will continue to be obtained through the Summary Schedule
(Schedule A).
Regulatory Capital Transitions Schedule
The FDIC has modified this schedule by removing projected year six
from the projection period.
Regulatory Capital Instruments Schedule
The FDIC has modified this schedule by removing line items
corresponding to the general risk-based capital rules.
Request for Comment
Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collection,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the information
collection on respondents, including through the use of automated
collection techniques or other forms of information technology. All
comments will become a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, this 25th day of February, 2016.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-04436 Filed 2-29-16; 8:45 am]
BILLING CODE 6714-01-P
