Agency Information Collection Activities: Proposed Collection; Comment Request; Supervisory Committee Audits and Verifications, 38737-38738 [2016-13949]

Download as PDF Federal Register / Vol. 81, No. 114 / Tuesday, June 14, 2016 / Notices meet up to four times a year in Washington, DC or via video/ teleconferencing. All nomination materials or requests for additional information should be emailed to MCC’s Advisory Council Management Officer, Beth Roberts at MCCAdvisoryCouncil@mcc.gov or mailed to Millennium Challenge Corporation, Attn: Beth Roberts, 1099 14th St. NW., Suite 700, Washington, DC 20005. SUPPLEMENTARY INFORMATION: The Advisory Council shall consist of not more than twenty-five (25) individuals who are recognized thought leaders, business leaders and experts representing U.S. companies, the business community, advocacy organizations, non-governmental organizations, non-profit organizations, foundations, and industry sectors including infrastructure, information and communications technology, industry/manufacturing and finance, as well as sustainable development/ environment. Qualified individuals may self-nominate or be nominated by any individual or organization. To be considered for the Advisory Council, nominators should submit the following information: • Name, title, organization and relevant contact information (including phone and email address) of the individual under consideration; • A letter, on organization letterhead, containing a brief description why the nominee should be considered for membership; • Short biography of nominee including professional and academic credentials; Please do not send company, trade association, or organization brochures or any other information. Materials submitted should total two pages or less. Should more information be needed, MCC staff will contact the nominee, obtain information from the nominee’s past affiliations, or obtain information from publicly available sources. All members of the Advisory Council will be independent of the agency, representing the views and interests of their respective industry or area of expertise, and not as Special Government employees. All members shall serve without compensation. Nominees selected for appointment to the Advisory Council will be notified by return email and receive a letter of appointment. A selection team comprised of representatives from several MCC departments will review the nomination packages. The selection team will make recommendations srobinson on DSK5SPTVN1PROD with NOTICES FOR FURTHER INFORMATION CONTACT: VerDate Sep<11>2014 19:36 Jun 13, 2016 Jkt 238001 regarding membership to the Vice President for Compact Operations based on criteria including: (1) Professional or academic expertise, experience, and knowledge; (2) stakeholder representation; (3) availability and willingness to serve; and (4) skills working collaboratively on committees and advisory panels. Based upon the selection team’s recommendations, the Vice President for Compact Operations will select representatives. In the selection of members for the Advisory Council, MCC will seek to ensure a balanced representation and consider a crosssection of those directly affected, interested, and qualified, as appropriate to the nature and functions of the Advisory Council. Nominations are open to all individuals without regard to race, color, religion, sex, national origin, age, mental or physical disability, marital status, or sexual orientation. Dated: June 8, 2016. Sarah E. Fandell, VP/General Counsel and Corporate Secretary, Millennium Challenge Corporation. [FR Doc. 2016–14075 Filed 6–13–16; 8:45 am] BILLING CODE 9211–03–P NATIONAL CREDIT UNION ADMINISTRATION Agency Information Collection Activities: Proposed Collection; Comment Request; Supervisory Committee Audits and Verifications National Credit Union Administration (NCUA). ACTION: Notice and request for comment. AGENCY: NCUA, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a reinstatement of a previously approved collection, as required by the Paperwork Reduction Act of 1995 (Pub. L. 104–13, 44 U.S.C. Chapter 35). DATES: Written comments should be received on or before August 15, 2016 to be assured consideration. ADDRESSES: Interested persons are invited to submit written comments on the information collection to Dawn Wolfgang, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314–3428; Fax No. 703–519–8579; or Email at PRAComments@NCUA.gov. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to the address above. SUMMARY: PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 38737 SUPPLEMENTARY INFORMATION: OMB Number: 3133–0059. Title: Supervisory Committee Audits and Verifications, 12 CFR part 715. Abstract: Title 12 CFR part 715 prescribes the responsibilities of the supervisory committee to obtain an audit of the credit union and verification of member accounts as outlined in Section 115 of the Federal Credit Union Act (Act), 12 U.S.C. 1761d. A supervisory committee audit is required at least once every calendar year covering the period since the last audit and to conduct a verification of members’ accounts not less frequently than once every two years. The Act specifies the minimum annual audit a credit union is required to obtain according to its charter type and asset size, the licensing authority required of persons performing certain audits, the auditing principles which apply to certain audits, and the accounting principles which must be followed in reports filed with the NCUA Board. The information is used by both the credit union and the NCUA to ensure through audit testing that the credit union’s assets, liabilities, equity, income, and expenses exist, are properly valued, controlled and meet ownership, disclosure and classification requirements of sound financial reporting. A written report on the audit must be made to the board of directors and, if requested, NCUA. Working papers must be maintained and made available to NCUA. Independence requirements must be met; standards governing verifications and the methods used to verify member’s passbooks and accounts are set forth. Section 741.202 makes these requirements applicable to federally insured state-chartered credit unions. Type of Review: Extension of a previously approved collection. Affected Public: Private Sector: Notfor-profit institutions. Estimated No. of Respondents: 6,025. Estimated No. of Responses per Respondent: 3.42. Estimated Annual Responses: 20,600. Estimated Burden Hours per Response: 1.88. Estimated Total Annual Burden Hours: 38,693. Adjustments in the number of credit unions reflect a decrease from the previous submission and recordkeeping requirements associated with the membership verification, previously omitted, are now included in this request. Request for Comments: Comments submitted in response to this notice will be summarized and included in the E:\FR\FM\14JNN1.SGM 14JNN1 38738 Federal Register / Vol. 81, No. 114 / Tuesday, June 14, 2016 / Notices request for Office of Management and Budget approval. All comments will become a matter of public record. The public is invited to submit comments concerning: (a) Whether the collection of information is necessary for the proper performance of the function of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information, 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 collection of the information on the respondents, including the use of automated collection techniques or other forms of information technology. By Gerard Poliquin, Secretary of the Board, the National Credit Union Administration, on June 8, 2016. Dated: June 8, 2016. Dawn D. Wolfgang, NCUA PRA Clearance Officer. [FR Doc. 2016–13949 Filed 6–13–16; 8:45 am] BILLING CODE 7535–01–P NATIONAL CREDIT UNION ADMINISTRATION Submission for OMB Review; Comment Request National Credit Union Administration (NCUA). AGENCY: ACTION: Notice. The National Credit Union Administration (NCUA) will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104– 13, on or after the date of publication of this notice. SUMMARY: Comments should be received on or before July 14, 2016 to be assured of consideration. DATES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for NCUA, New Executive Office Building, Room 10235, Washington, DC 20503, or email at OIRA_Submission@ OMB.EOP.gov and (2) NCUA PRA Clearance Officer, 1775 Duke Street, Alexandria, VA 22314–3428 or email at PRAComments@ncua.gov. srobinson on DSK5SPTVN1PROD with NOTICES ADDRESSES: VerDate Sep<11>2014 19:36 Jun 13, 2016 Jkt 238001 FOR FURTHER INFORMATION CONTACT: Copies of the submission may be obtained by emailing PRAComments@ ncua.gov or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: OMB Number: 3133–0133. Type of Review: Reinstatement with change of a previously approved collection. Title: Investment and Deposit Activities, 12 CFR part 703. Abstract: The National Credit Union Administration (NCUA) Federal Credit Union Act, 12 U.S.C. 1757(7), 1757(8), 1757(15), lists securities, deposits, and other obligations in which a Federal Credit Union (FCU) may invest. The regulations related to these areas are contained in part 703 and section 721.3 of the NCUA regulations and set forth requirements related to maintaining an adequate investment program. The information collected is used to limit and monitor the level of risk that exists within a credit union, the actions taken by the credit union to mitigate such risk, and help prevent losses to federal credit unions and the National Credit Union Share Insurance Fund (NCUSIF). Affected Public: Private Sector: Notfor-profit institutions. Estimated Annual Burden Hours: 211,935. By Gerard Poliquin, Secretary of the Board, the National Credit Union Administration, on June 8, 2016. Dated: June 8, 2016. Dawn D. Wolfgang, NCUA PRA Clearance Officer. [FR Doc. 2016–13948 Filed 6–13–16; 8:45 am] BILLING CODE 7535–01–P NUCLEAR REGULATORY COMMISSION [Docket No. NRC–2015–0273] Information Collection: Nondiscrimination on the Basis of Sex in Education Programs or Activities Receiving Federal Financial Assistance Nuclear Regulatory Commission. ACTION: Notice of submission to the Office of Management and Budget; request for comment. AGENCY: The U.S. Nuclear Regulatory Commission (NRC) has recently submitted a request for renewal of an existing collection of information to the Office of Management and Budget SUMMARY: PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 (OMB) for review. The agency regulation authorizes the NRC to collect information about applicants and recipients who are either applying for, or receiving Federal Financial Assistance (FFA) from the Commission. DATES: Submit comments by July 14, 2016. Submit comments directly to the OMB reviewer at: Vlad Dorjets, Desk Officer, Office of Information and Regulatory Affairs (3150–0209), NEOB– 10202, Office of Management and Budget, Washington, DC 20503; telephone: 202–395–7315, email: oira_ submission@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: David Cullison, NRC Clearance Officer, U.S. Nuclear Regulatory Commission, Washington, DC 20555–0001; telephone: 301–415–2084; email: INFOCOLLECTS.Resource@nrc.gov. SUPPLEMENTARY INFORMATION: ADDRESSES: I. Obtaining Information and Submitting Comments A. Obtaining Information Please refer to Docket ID NRC–2015– 0273 when contacting the NRC about the availability of information for this action. You may obtain publiclyavailable information related to this action by any of the following methods: • Federal Rulemaking Web site: Go to https://www.regulations.gov and search for Docket ID NRC–2015–0273. A copy of the collection of information and related instructions may be obtained without charge by accessing Docket ID NRC–2015–0273 on this Web site. • NRC’s Agencywide Documents Access and Management System (ADAMS): You may obtain publiclyavailable documents online in the ADAMS Public Documents collection at https://www.nrc.gov/reading-rm/ adams.html. To begin the search, select ‘‘ADAMS Public Documents’’ and then select ‘‘Begin Web-based ADAMS Search.’’ For problems with ADAMS, please contact the NRC’s Public Document Room (PDR) reference staff at 1–800–397–4209, 301–415–4737, or by email to pdr.resource@nrc.gov. A copy of the collection of information and related instructions may be obtained without charge by accessing ADAMS Accession ADAMS ML16145A294. The supporting statement and NRC Form 781, ‘‘SBCR Compliance Review,’’ and NRC Form 782 ‘‘Complaint Form,’’ are available in ADAMS under Accession numbers ML16145A343, ML16145A302, and ML16145A305. • NRC’s PDR: You may examine and purchase copies of public documents at the NRC’s PDR, Room O1–F21, One E:\FR\FM\14JNN1.SGM 14JNN1

Agencies

[Federal Register Volume 81, Number 114 (Tuesday, June 14, 2016)]
[Notices]
[Pages 38737-38738]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-13949]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request; Supervisory Committee Audits and Verifications

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice and request for comment.

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

SUMMARY: NCUA, as part of its continuing effort to reduce paperwork and 
respondent burden, invites the general public and other Federal 
agencies to comment on a reinstatement of a previously approved 
collection, as required by the Paperwork Reduction Act of 1995 (Pub. L. 
104-13, 44 U.S.C. Chapter 35).

DATES: Written comments should be received on or before August 15, 2016 
to be assured consideration.

ADDRESSES: Interested persons are invited to submit written comments on 
the information collection to Dawn Wolfgang, National Credit Union 
Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428; Fax 
No. 703-519-8579; or Email at PRAComments@NCUA.gov.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to the address above.

SUPPLEMENTARY INFORMATION: 
    OMB Number: 3133-0059.
    Title: Supervisory Committee Audits and Verifications, 12 CFR part 
715.
    Abstract: Title 12 CFR part 715 prescribes the responsibilities of 
the supervisory committee to obtain an audit of the credit union and 
verification of member accounts as outlined in Section 115 of the 
Federal Credit Union Act (Act), 12 U.S.C. 1761d. A supervisory 
committee audit is required at least once every calendar year covering 
the period since the last audit and to conduct a verification of 
members' accounts not less frequently than once every two years. The 
Act specifies the minimum annual audit a credit union is required to 
obtain according to its charter type and asset size, the licensing 
authority required of persons performing certain audits, the auditing 
principles which apply to certain audits, and the accounting principles 
which must be followed in reports filed with the NCUA Board.
    The information is used by both the credit union and the NCUA to 
ensure through audit testing that the credit union's assets, 
liabilities, equity, income, and expenses exist, are properly valued, 
controlled and meet ownership, disclosure and classification 
requirements of sound financial reporting.
    A written report on the audit must be made to the board of 
directors and, if requested, NCUA. Working papers must be maintained 
and made available to NCUA. Independence requirements must be met; 
standards governing verifications and the methods used to verify 
member's passbooks and accounts are set forth. Section 741.202 makes 
these requirements applicable to federally insured state-chartered 
credit unions.
    Type of Review: Extension of a previously approved collection.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated No. of Respondents: 6,025.
    Estimated No. of Responses per Respondent: 3.42.
    Estimated Annual Responses: 20,600.
    Estimated Burden Hours per Response: 1.88.
    Estimated Total Annual Burden Hours: 38,693.
    Adjustments in the number of credit unions reflect a decrease from 
the previous submission and recordkeeping requirements associated with 
the membership verification, previously omitted, are now included in 
this request.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and included in the

[[Page 38738]]

request for Office of Management and Budget approval. All comments will 
become a matter of public record. The public is invited to submit 
comments concerning: (a) Whether the collection of information is 
necessary for the proper performance of the function of the agency, 
including whether the information will have practical utility; (b) the 
accuracy of the agency's estimate of the burden of the collection of 
information, 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 
collection of the information on the respondents, including the use of 
automated collection techniques or other forms of information 
technology.
    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on June 8, 2016.

    Dated: June 8, 2016.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2016-13949 Filed 6-13-16; 8:45 am]
 BILLING CODE 7535-01-P
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