Agency Information Collection Activities: Proposed Collection Renewals; Comment Request (3064-0099; -0118; -0148 and -0153), 19718-19721 [2017-08667]
Download as PDF
<![CDATA[
19718
Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices
Section 351.20(f)(1) applies to
banking entities with no covered
activities. A banking entity that does not
engage in activities or investments
pursuant to subpart B or subpart C
(other than trading activities permitted
pursuant to § 351.6(a) of subpart B) may
satisfy the requirements of this section
by establishing the required compliance
program prior to becoming engaged in
such activities or making such
investments (other than trading
activities permitted pursuant to
§ 351.6(a) of subpart B).
Section 351.20(f)(2) applies to
banking entities with modest activities.
A banking entity with total consolidated
assets of $10 billion or less as reported
on December 31 of the previous two
calendar years may satisfy the
requirements of this section by
including in its existing compliance
policies and procedures appropriate
references to the statutory and
regulatory requirements and
adjustments as appropriate given the
activities, size, scope and complexity of
the banking entity.
Disclosure Requirements
Section 351.11(a)(8)(i) requires that a
banking entity make certain clear and
conspicuous written disclosures to any
prospective and actual investor in a
covered fund (such as through
disclosure in the covered fund’s offering
documents).
There is no change in the method or
substance of this information collection.
The annual burden estimate has been
reduced from 28,234 hours to 17,763
hours primarily because the FDIC
estimates that all FDIC-supervised
institutions have now completed the
implementation phase of the
information collection and are no longer
subject to that burden. FDIC is using one
(1) respondent as a place-holder for
implementation burden. Another reason
for the reduction in burden is that fewer
institutions are subject to reporting,
recordkeeping and disclosure
requirements. The foregoing reductions
in burden more than offset a modest
increase in burden attributable to: (i)
Request for Comment
Comments are invited on: (a) Whether
the collections of information are
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 collections,
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 collections of information
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.
Dated at Washington, DC, this 24th day of
April 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–08604 Filed 4–27–17; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewals; Comment Request (3064–
0099; –0118; –0148 and –0153)
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
SUMMARY:
Estimated
number of
respondents
Type of burden
asabaliauskas on DSK3SPTVN1PROD with NOTICES
One additional institution growing in
size to a degree that now makes it
subject to 12 CFR 351.20(b) and (e)
recordkeeping requirements; and (ii) an
agency adjustment in its estimate of
respondents affected by the
recordkeeping requirements in 12 CFR
351.20(f)(1) due to the inadvertent
omission of a class of respondents in its
prior estimate.
Reporting .........................................................
General Description of Collection:
Section 29 of the Federal Deposit
Insurance Act prohibits
undercapitalized insured depository
institutions from accepting, renewing,
VerDate Sep<11>2014
17:38 Apr 27, 2017
Jkt 241001
Estimated time
per response
(hours)
30
6
Frequency of response
On Occasion ..................................................
or rolling over any brokered deposits.
Adequately capitalized institutions may
do so with a waiver from the FDIC,
while well-capitalized institutions may
accept, renew, or roll over brokered
PO 00000
Frm 00067
Fmt 4703
Sfmt 4703
agencies to take this opportunity to
comment on the renewal of existing
information collections, as required by
the Paperwork Reduction Act of 1995
(44 U.S.C. chapter 35). Currently, the
FDIC is soliciting comment on renewal
of the information collections described
below.
DATES: Comments must be submitted on
or before June 27, 2017.
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/notices.html.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767). Counsel, MB 3007 or Jennifer
Jones (202–898–6768), Counsel, 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 the
relevant OMB control number. 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:
Manny Cabeza or Jennifer Jones, at the
FDIC address noted above.
SUPPLEMENTARY INFORMATION: Proposal
to renew the following currently
approved collections of information:
1. Title: Application for Waiver of
Prohibition on Acceptance of Brokered
Deposits.
OMB Number: 3064–0099.
Form Number: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
Total annual
estimated
burden
(hours)
180
deposits without restriction. This
information collection captures the
burden associated with preparing and
filing an application for a waiver of the
E:\FR\FM\28APN1.SGM
28APN1
19719
Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices
prohibition on the acceptance of
brokered deposits.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is a result of
economic fluctuation. In particular, the
number of respondents has decreased
while the hours per response remain the
same.
2. Title: Management Official
Interlocks.
OMB Number: 3064–0118.
Estimated
number of
respondents
Type of burden
Reporting .........................................................
General Description of Collection: The
FDIC’s Management Official Interlocks
regulation, 12 CFR 348, which
implements the Depository Institutions
Management Interlocks Act (DIMIA), 12
U.S.C. 3201–3208, generally prohibits
bank management officials from serving
simultaneously with two unaffiliated
depository institutions or their holding
companies but allows the FDIC to grant
exemptions in appropriate
circumstances. Consistent with DIMIA,
the FDIC’s Management Official
Interlocks regulation has an application
Estimated time
per response
3
Recordkeeping ................................................
General Description of Collection: The
Interagency Statement on Sound
Practices Concerning Complex
Structured Finance Transactions
describes the types of internal controls
and risk management procedures that
the Agencies believe are particularly
effective in assisting financial
institutions to identify, evaluate, assess,
document, and control the full range of
credit, market, operational, legal and
On Occasion ..................................................
Estimated time
per response
4
25
Total annual
estimated
burden
(hours)
Frequency of response
requirement requiring information
specified in the FDIC’s procedural
regulation. The rule also contains a
notification requirement.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is a result of
economic fluctuation as well as the
change in complexity of the reporting
institutions. In particular, the number of
respondents has decreased while the
hours per response have increased due
to the complexity of the reporting
institutions.
Estimated
number of
respondents
Type of burden
7
Form Number: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
3. Title: Interagency Statement on
Sound Practices Concerning Complex
Structured Finance Transactions.
OMB Number: 3064–0148.
Form Number: Interagency Statement
on Sound Practices Concerning Elevated
Risk Complex Structured Finance
Activities.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
Total annual
estimated
burden
(hours)
Frequency of response
On Occasion ..................................................
reputational risks. A financial
institution that engages in complex
structured finance transactions should
maintain a set of formal, written, firmwide policies and procedures that are
designed to allow the institution to
identify and assess these risks.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is a result of
economic fluctuation. In particular, the
21
100
number of respondents has decreased
while the hours per response remain the
same.
4. Title: Regulatory Capital Rules.
OMB Number: 3064–0153.
Form Number: None.
Affected Public: State nonmember
banks, state savings associations, and
certain subsidiaries of those entities.
Burden Estimate:
ESTIMATED HOURLY BURDEN
Type of burden
Estimated
number of
respondents
Estimated time
per response
Frequency of
response
Total annual
estimated
burden
asabaliauskas on DSK3SPTVN1PROD with NOTICES
BASEL III Advanced Approaches: Recordkeeping and disclosure
Implementation plan—Section _.121(b): Ongoing
Documentation of advanced systems—Section _
.122(j): Ongoing.
Systems maintenance—Sections _.122(a), _
123(a), _.124(a): Ongoing.
Supervisory approvals—Sections _.122(d)–(h), _
.132(b)(3), _.132(d)(1), _.132(d)(1)(iii): Ongoing.
Control, oversight and verification of systems—
Sections _.122 to _.124: Ongoing.
(CCR)—Section _.132(b)(2)(iii)(A): One-time .......
(CCR)—Section _.132(b)(2)(iii)(A): Ongoing ........
(CCR)—Section _.132(d)(2)(iv): One-time ............
(CCR)—Section _.132(d)(2)(iv): Ongoing .............
(CCR)—Section _.132(d)(3)(vi): One-time ............
VerDate Sep<11>2014
17:38 Apr 27, 2017
Jkt 241001
PO 00000
Recordkeeping ......
Recordkeeping ......
2
2
330.0
19.0
On Occasion .........
On Occasion .........
660
38
Recordkeeping ......
2
27.9
On Occasion .........
56
Recordkeeping ......
2
16.8
On Occasion .........
34
Recordkeeping ......
2
11.1
On Occasion .........
22
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
1
2
1
2
1
80.0
16.0
80.0
40.0
80.0
On
On
On
On
On
80
32
80
80
80
Frm 00068
......
......
......
......
......
Fmt 4703
Sfmt 4703
E:\FR\FM\28APN1.SGM
Occasion
Occasion
Occasion
Occasion
Occasion
28APN1
.........
.........
.........
.........
.........
19720
Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices
ESTIMATED HOURLY BURDEN—Continued
Type of burden
(CCR)—Section _.132(d)(3)(viii): One-time ..........
(CCR)—Section _.132(d)(3)(viii): Ongoing ...........
(CCR)—Section _.132(d)(3)(ix): One-time ............
(CCR)—Section _.132(d)(3)(ix): Ongoing .............
(CCR)—Section _.132(d)(3)(x): One-time ............
(CCR)—Section _.132(d)(3)(xi): One-time ............
(CCR)—Section _.132(d)(3)(xi): Ongoing .............
(OC)—Section
_.141(b)(3),
_.141(c)(1),
_
.141(c)(2)(i)–(ii), _.153: One-time.
(OC)—Section _.141(c)(2)(i)–(ii): Ongoing ...........
Sections _.142 and _.171: Ongoing .....................
(CCB and CCYB)—Section _.173, Table 4 (CR)
_.173, Table 5 (Securitization) _.173, Table 9
(IRR) _.173, Table 12: Ongoing.
(CCB and CCYB)—Section _.173, Table 4 (CR)
Section _.173, Table 5 (Sec.) Section _.173,
Table 9 (IRR) Section _.173, Table 12: Onetime.
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Estimated
number of
respondents
Estimated time
per response
Frequency of
response
Total annual
estimated
burden
......
......
......
......
......
......
......
......
1
2
1
2
1
1
2
1
80.0
10.0
40.0
40.0
20.0
40.0
40.0
40.0
On Occasion .........
Quarterly ...............
On Occasion .........
On Occasion .........
On Occasion .........
On Occasion .........
On Occasion .........
On Occasion .........
80
80
40
80
20
40
80
40
Recordkeeping ......
Disclosure .............
Disclosure .............
2
2
2
10.0
5.8
35.0
Quarterly ...............
On Occasion .........
Quarterly ...............
80
12
280
Disclosure .............
1
280.0
On Occasion .........
280
Subtotal: One-time Recordkeeping and Disclosure.
...............................
........................
........................
...............................
740
Subtotal: Ongoing Recordkeeping and Disclosure.
...............................
........................
........................
...............................
1,533
Total Recordkeeping and Disclosure .....
...............................
........................
........................
...............................
2,273
Minimum Regulatory Capital Ratios: Recordkeeping
(CCR Operational Requirements)—Sections _
.3(c) and _.22(h)(2)(iii)(A): Ongoing.
Recordkeeping ......
3,787
16.0
On Occasion .........
60,592
Subtotal: One-time Recordkeeping ...............
...............................
........................
........................
...............................
0
Subtotal: Ongoing Recordkeeping .................
...............................
........................
........................
...............................
60,592
Total Recordkeeping ..............................
...............................
........................
........................
...............................
60,592
On
On
On
On
On
.........
.........
.........
.........
.........
2
7,574
80
60,592
40
Standardized Approach: Recordkeeping and Disclosure
(QCCP)—Section _.35(b)(3)(i)(A): One-time ........
(QCCP)—Section _.35(b)(3)(i)(A): Ongoing .........
(CT)—Section _.37(c)(4)(i)(E): One-time ..............
(CT)—Section _.37(c)(4)(i)(E): Ongoing ...............
(SE)—Section _.41(b)(3) and _.41(c)(2)(i): Onetime.
(SE)—Section _.41(c)(2)(i): Ongoing ....................
(S.E.)—Section _ .42(e)(2), (C.R.) Sections_
.62(a), (b), & (c), (Q&Q) Sections_ .63(a) & (b):
One-time.
(S.E.)—Section _.42(e)(2), (C.R.) Sections_
.62(a), (b), & (c), (Q&Q) Sections_. 63(a) & (b)
and _ .63 Tables: Ongoing.
1
3,787
1
3,787
1
2.0
2.0
80.0
16.0
40.0
Recordkeeping ......
Disclosure .............
3,787
1
2.0
226.3
On Occasion .........
On Occasion .........
7,574
226
Disclosure .............
1
131.3
Quarterly ...............
525
Subtotal: One-time Recordkeeping and Disclosure.
...............................
........................
........................
...............................
348
Subtotal: Ongoing Recordkeeping and Disclosure.
...............................
........................
........................
...............................
76,265
Total Recordkeeping and Disclosure .....
asabaliauskas on DSK3SPTVN1PROD with NOTICES
......
......
......
......
......
...............................
........................
........................
...............................
76,613
Total Burden Hours .........................
...............................
........................
........................
...............................
139,478
General Description of Collection:
This collection comprises the disclosure
and recordkeeping requirements
associated with minimum capital
VerDate Sep<11>2014
17:38 Apr 27, 2017
Jkt 241001
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
requirements and overall capital
adequacy standards for insured state
nonmember banks, state savings
associations, and certain subsidiaries of
PO 00000
Frm 00069
Fmt 4703
Sfmt 4703
Occasion
Occasion
Occasion
Occasion
Occasion
those entities. The data is used by the
FDIC to evaluate capital before
approving various applications by
insured depository institutions, to
E:\FR\FM\28APN1.SGM
28APN1
Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices
evaluate capital as an essential
component in determining safety and
soundness, and to determine whether an
institution is subject to prompt
corrective action provisions.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is a result of
economic fluctuation. In particular, the
number of respondents has decreased
while the hours per response remain the
same.
Request for Comment
Comments are invited on: (a) Whether
the collections of information are
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 collections,
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 collections of information
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.
Dated at Washington, DC, this 25th day of
April 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–08667 Filed 4–27–17; 8:45 am]
BILLING CODE 6714–01–P
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. James P Cravens Stock Trust, James
P Cravens Trustee, Sanborn, Iowa, and
Marilyn Lee Cravens Stock Trust,
Marilyn Lee Cravens Trustee, Sanborn,
Iowa, as individuals and as a group
acting in concert the Cravens Family
Control group consisting of James P
Cravens Stock Trust, James P Cravens
Trustee, Sanborn, Iowa, Marilyn Lee
Cravens Stock Trust, Marilyn Lee
Cravens Trustee, Sanborn, Iowa, Emilie
G Cravens, Manhattan, Kansas,
Catherine J Cravens, Arlington, Virginia,
and Margaret Burr Porter, Godfrey,
Illinois; to acquire and retain shares of
Milford Bancorporation, Milford, Iowa,
and thereby indirectly acquire and
retain shares of United Community
Bank, Milford, Iowa.
Board of Governors of the Federal Reserve
System, April 25, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017–08662 Filed 4–27–17; 8:45 am]
BILLING CODE 6210–01–P
GENERAL SERVICES
ADMINISTRATION
[OMB Control No. 3090–0292; Docket No.
2017–0001; Sequence 4]
Information Collection; FFATA
Subaward and Executive
Compensation Reporting
Requirements
Office of the Integrated Award
Environment, General Services
Administration (GSA).
ACTION: Notice of request for comments
regarding an extension to an existing
OMB information collection.
AGENCY:
FEDERAL RESERVE SYSTEM
asabaliauskas on DSK3SPTVN1PROD with NOTICES
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 May 16,
2017.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
VerDate Sep<11>2014
17:38 Apr 27, 2017
Jkt 241001
Under the provisions of the
Paperwork Reduction Act of 1995, the
Regulatory Secretariat Division will be
submitting to the Office of Management
and Budget (OMB) a request to review
and approve a renewal of the currently
approved information collection
requirement regarding FFATA
Subaward and Executive Compensation
Reporting Requirements.
DATES: Submit comments on or before
June 27, 2017.
ADDRESSES: Submit comments
identified by Information Collection
3090–0292, FFATA Subaward and
Executive Compensation Reporting
Requirements by any of the following
methods:
• Regulations.gov: https://
www.regulations.gov. Submit comments
via the Federal eRulemaking portal by
searching the OMB control number
SUMMARY:
PO 00000
Frm 00070
Fmt 4703
Sfmt 4703
19721
3090–0292. Select the link ‘‘Comment
Now’’ that corresponds with
‘‘Information Collection 3090–0292,
FFATA Subaward and Executive
Compensation Reporting
Requirements’’. Follow the instructions
provided on the screen. Please include
your name, company name (if any), and
‘‘Information Collection 3090–0292,
FFATA Subaward and Executive
Compensation Reporting Requirements’’
on your attached document.
• Mail: General Services
Administration, Regulatory Secretariat
Division (MVCB), 1800 F Street NW.,
Washington, DC 20405. ATTN: IC 3090–
0292, FFATA Subaward and Executive
Compensation Reporting Requirements.
Instructions: Please submit comments
only and cite Information Collection
3090–0292, FFATA Subaward and
Executive Compensation Reporting
Requirements, in all correspondence
related to this collection. All comments
received will be posted without change
to https://www.regulations.gov, including
any personal and/or business
confidential information provided.
FOR FURTHER INFORMATION CONTACT:
Dennis Harrison, Procurement Analyst,
Office of the Integrated Award
Environment, GSA, at telephone
number 202–215–9767; or via email at
dennis.harrison@gsa.gov.
SUPPLEMENTARY INFORMATION:
A. Purpose
The Federal Funding Accountability
and Transparency Act (P.L. 109–282, as
amended by section 6202(a) of P.L. 110–
252), known as FFATA or the
Transparency Act requires information
disclosure of entities receiving Federal
financial assistance through Federal
awards such as Federal contracts, subcontracts, grants and sub-grants, FFATA
2(a), (2), (i), (ii). Beginning October 1,
2010, the currently approved Paperwork
Reduction Act submission directed
compliance with the Transparency Act
to report prime and first-tier sub-award
data. Specifically, Federal agencies and
prime awardees of grants were to ensure
disclosure of executive compensation of
both prime and subawardees and subaward data pursuant to the
Transparency Act. This information
collection requires reporting of only the
information enumerated under the
Transparency Act.
B. Annual Reporting Burden
Sub-award Responses: 107,614.
Hours Per Response: 1.
Total Burden Hours: 107,614.
Executive Compensation Responses:
41,298.
Hours Per Response: 1.
E:\FR\FM\28APN1.SGM
28APN1
]]>Agencies
[Federal Register Volume 82, Number 81 (Friday, April 28, 2017)]
[Notices]
[Pages 19718-19721]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08667]
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collection
Renewals; Comment Request (3064-0099; -0118; -0148 and -0153)
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 existing
information collections, as required by the Paperwork Reduction Act of
1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comment
on renewal of the information collections described below.
DATES: Comments must be submitted on or before June 27, 2017.
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/notices.html.
Email: comments@fdic.gov. Include the name and number of
the collection in the subject line of the message.
Mail: Manny Cabeza (202-898-3767). Counsel, MB 3007 or
Jennifer Jones (202-898-6768), Counsel, 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 the relevant OMB control number. 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: Manny Cabeza or Jennifer Jones, at the
FDIC address noted above.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collections of information:
1. Title: Application for Waiver of Prohibition on Acceptance of
Brokered Deposits.
OMB Number: 3064-0099.
Form Number: None.
Affected Public: Insured state nonmember banks and state savings
associations.
Burden Estimate:
----------------------------------------------------------------------------------------------------------------
Estimated Estimated time Total annual
Type of burden number of per response Frequency of response estimated
respondents (hours) burden (hours)
----------------------------------------------------------------------------------------------------------------
Reporting............................. 30 6 On Occasion............. 180
----------------------------------------------------------------------------------------------------------------
General Description of Collection: Section 29 of the Federal
Deposit Insurance Act prohibits undercapitalized insured depository
institutions from accepting, renewing, or rolling over any brokered
deposits. Adequately capitalized institutions may do so with a waiver
from the FDIC, while well-capitalized institutions may accept, renew,
or roll over brokered deposits without restriction. This information
collection captures the burden associated with preparing and filing an
application for a waiver of the
[[Page 19719]]
prohibition on the acceptance of brokered deposits.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is a result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response remain the same.
2. Title: Management Official Interlocks.
OMB Number: 3064-0118.
Form Number: None.
Affected Public: Insured state nonmember banks and state savings
associations.
Burden Estimate:
----------------------------------------------------------------------------------------------------------------
Estimated Total annual
Type of burden number of Estimated time Frequency of response estimated
respondents per response burden (hours)
----------------------------------------------------------------------------------------------------------------
Reporting............................. 3 7 On Occasion............. 21
----------------------------------------------------------------------------------------------------------------
General Description of Collection: The FDIC's Management Official
Interlocks regulation, 12 CFR 348, which implements the Depository
Institutions Management Interlocks Act (DIMIA), 12 U.S.C. 3201-3208,
generally prohibits bank management officials from serving
simultaneously with two unaffiliated depository institutions or their
holding companies but allows the FDIC to grant exemptions in
appropriate circumstances. Consistent with DIMIA, the FDIC's Management
Official Interlocks regulation has an application requirement requiring
information specified in the FDIC's procedural regulation. The rule
also contains a notification requirement.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is a result of economic
fluctuation as well as the change in complexity of the reporting
institutions. In particular, the number of respondents has decreased
while the hours per response have increased due to the complexity of
the reporting institutions.
3. Title: Interagency Statement on Sound Practices Concerning
Complex Structured Finance Transactions.
OMB Number: 3064-0148.
Form Number: Interagency Statement on Sound Practices Concerning
Elevated Risk Complex Structured Finance Activities.
Affected Public: Insured state nonmember banks and state savings
associations.
Burden Estimate:
----------------------------------------------------------------------------------------------------------------
Estimated Total annual
Type of burden number of Estimated time Frequency of response estimated
respondents per response burden (hours)
----------------------------------------------------------------------------------------------------------------
Recordkeeping......................... 4 25 On Occasion............. 100
----------------------------------------------------------------------------------------------------------------
General Description of Collection: The Interagency Statement on
Sound Practices Concerning Complex Structured Finance Transactions
describes the types of internal controls and risk management procedures
that the Agencies believe are particularly effective in assisting
financial institutions to identify, evaluate, assess, document, and
control the full range of credit, market, operational, legal and
reputational risks. A financial institution that engages in complex
structured finance transactions should maintain a set of formal,
written, firm-wide policies and procedures that are designed to allow
the institution to identify and assess these risks.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is a result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response remain the same.
4. Title: Regulatory Capital Rules.
OMB Number: 3064-0153.
Form Number: None.
Affected Public: State nonmember banks, state savings associations,
and certain subsidiaries of those entities.
Burden Estimate:
Estimated Hourly Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Estimated Total annual
Type of burden number of Estimated time Frequency of response estimated
respondents per response burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
BASEL III Advanced Approaches: Recordkeeping and disclosure
--------------------------------------------------------------------------------------------------------------------------------------------------------
Implementation plan--Section Recordkeeping................... 2 330.0 On Occasion.................... 660
_.121(b): Ongoing.
Documentation of advanced systems-- Recordkeeping................... 2 19.0 On Occasion.................... 38
Section _.122(j): Ongoing.
Systems maintenance--Sections Recordkeeping................... 2 27.9 On Occasion.................... 56
_.122(a), _123(a), _.124(a): Ongoing.
Supervisory approvals--Sections Recordkeeping................... 2 16.8 On Occasion.................... 34
_.122(d)-(h), _.132(b)(3),
_.132(d)(1), _.132(d)(1)(iii):
Ongoing.
Control, oversight and verification Recordkeeping................... 2 11.1 On Occasion.................... 22
of systems--Sections _.122 to _.124:
Ongoing.
(CCR)--Section _.132(b)(2)(iii)(A): Recordkeeping................... 1 80.0 On Occasion.................... 80
One-time.
(CCR)--Section _.132(b)(2)(iii)(A): Recordkeeping................... 2 16.0 On Occasion.................... 32
Ongoing.
(CCR)--Section _.132(d)(2)(iv): One- Recordkeeping................... 1 80.0 On Occasion.................... 80
time.
(CCR)--Section _.132(d)(2)(iv): Recordkeeping................... 2 40.0 On Occasion.................... 80
Ongoing.
(CCR)--Section _.132(d)(3)(vi): One- Recordkeeping................... 1 80.0 On Occasion.................... 80
time.
[[Page 19720]]
(CCR)--Section _.132(d)(3)(viii): One- Recordkeeping................... 1 80.0 On Occasion.................... 80
time.
(CCR)--Section _.132(d)(3)(viii): Recordkeeping................... 2 10.0 Quarterly...................... 80
Ongoing.
(CCR)--Section _.132(d)(3)(ix): One- Recordkeeping................... 1 40.0 On Occasion.................... 40
time.
(CCR)--Section _.132(d)(3)(ix): Recordkeeping................... 2 40.0 On Occasion.................... 80
Ongoing.
(CCR)--Section _.132(d)(3)(x): One- Recordkeeping................... 1 20.0 On Occasion.................... 20
time.
(CCR)--Section _.132(d)(3)(xi): One- Recordkeeping................... 1 40.0 On Occasion.................... 40
time.
(CCR)--Section _.132(d)(3)(xi): Recordkeeping................... 2 40.0 On Occasion.................... 80
Ongoing.
(OC)--Section _.141(b)(3), Recordkeeping................... 1 40.0 On Occasion.................... 40
_.141(c)(1), _.141(c)(2)(i)-(ii),
_.153: One-time.
(OC)--Section _.141(c)(2)(i)-(ii): Recordkeeping................... 2 10.0 Quarterly...................... 80
Ongoing.
Sections _.142 and _.171: Ongoing.... Disclosure...................... 2 5.8 On Occasion.................... 12
(CCB and CCYB)--Section _.173, Table Disclosure...................... 2 35.0 Quarterly...................... 280
4 (CR) _.173, Table 5
(Securitization) _.173, Table 9
(IRR) _.173, Table 12: Ongoing.
(CCB and CCYB)--Section _.173, Table Disclosure...................... 1 280.0 On Occasion.................... 280
4 (CR) Section _.173, Table 5 (Sec.)
Section _.173, Table 9 (IRR) Section
_.173, Table 12: One-time.
-------------------------------- ---------------
Subtotal: One-time Recordkeeping ................................ .............. .............. ............................... 740
and Disclosure.
-------------------------------- ---------------
Subtotal: Ongoing Recordkeeping ................................ .............. .............. ............................... 1,533
and Disclosure.
-------------------------------- ---------------
Total Recordkeeping and ................................ .............. .............. ............................... 2,273
Disclosure.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum Regulatory Capital Ratios: Recordkeeping
--------------------------------------------------------------------------------------------------------------------------------------------------------
(CCR Operational Requirements)-- Recordkeeping................... 3,787 16.0 On Occasion.................... 60,592
Sections _.3(c) and
_.22(h)(2)(iii)(A): Ongoing.
-------------------------------- ---------------
Subtotal: One-time Recordkeeping. ................................ .............. .............. ............................... 0
-------------------------------- ---------------
Subtotal: Ongoing Recordkeeping.. ................................ .............. .............. ............................... 60,592
-------------------------------- ---------------
Total Recordkeeping.......... ................................ .............. .............. ............................... 60,592
--------------------------------------------------------------------------------------------------------------------------------------------------------
Standardized Approach: Recordkeeping and Disclosure
--------------------------------------------------------------------------------------------------------------------------------------------------------
(QCCP)--Section _.35(b)(3)(i)(A): One- Recordkeeping................... 1 2.0 On Occasion.................... 2
time.
(QCCP)--Section _.35(b)(3)(i)(A): Recordkeeping................... 3,787 2.0 On Occasion.................... 7,574
Ongoing.
(CT)--Section _.37(c)(4)(i)(E): One- Recordkeeping................... 1 80.0 On Occasion.................... 80
time.
(CT)--Section _.37(c)(4)(i)(E): Recordkeeping................... 3,787 16.0 On Occasion.................... 60,592
Ongoing.
(SE)--Section _.41(b)(3) and Recordkeeping................... 1 40.0 On Occasion.................... 40
_.41(c)(2)(i): One-time.
(SE)--Section _.41(c)(2)(i): Ongoing. Recordkeeping................... 3,787 2.0 On Occasion.................... 7,574
(S.E.)--Section _ .42(e)(2), (C.R.) Disclosure...................... 1 226.3 On Occasion.................... 226
Sections_ .62(a), (b), & (c), (Q&Q)
Sections_ .63(a) & (b): One-time.
(S.E.)--Section _.42(e)(2), (C.R.) Disclosure...................... 1 131.3 Quarterly...................... 525
Sections_ .62(a), (b), & (c), (Q&Q)
Sections_. 63(a) & (b) and _ .63
Tables: Ongoing.
-------------------------------- ---------------
Subtotal: One-time Recordkeeping ................................ .............. .............. ............................... 348
and Disclosure.
-------------------------------- ---------------
Subtotal: Ongoing Recordkeeping ................................ .............. .............. ............................... 76,265
and Disclosure.
-------------------------------- ---------------
Total Recordkeeping and ................................ .............. .............. ............................... 76,613
Disclosure.
-------------------------------- ---------------
Total Burden Hours....... ................................ .............. .............. ............................... 139,478
--------------------------------------------------------------------------------------------------------------------------------------------------------
General Description of Collection: This collection comprises the
disclosure and recordkeeping requirements associated with minimum
capital requirements and overall capital adequacy standards for insured
state nonmember banks, state savings associations, and certain
subsidiaries of those entities. The data is used by the FDIC to
evaluate capital before approving various applications by insured
depository institutions, to
[[Page 19721]]
evaluate capital as an essential component in determining safety and
soundness, and to determine whether an institution is subject to prompt
corrective action provisions.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is a result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response remain the same.
Request for Comment
Comments are invited on: (a) Whether the collections of information
are 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 collections,
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 collections of
information 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.
Dated at Washington, DC, this 25th day of April 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017-08667 Filed 4-27-17; 8:45 am]
BILLING CODE 6714-01-P
