Agency Information Collection Activities; Information Collection Renewal; Comment Request; Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2), 26569-26570 [2017-11740]

Download as PDF Federal Register / Vol. 82, No. 108 / Wednesday, June 7, 2017 / Notices characteristics. Carriers that expand operations at a high rate are monitored more closely for safety reasons. International Civil Aviation Organization Pursuant to an international agreement, the United States is obligated to report certain air carrier data to the International Civil Aviation Organization (ICAO). The traffic data supplied to ICAO are extracted from the U.S. air carriers’ Schedule T–100 submissions. The Confidential Information Protection and Statistical Efficiency Act of 2002 (44 U.S.C. 3501 note), requires a statistical agency to clearly identify information it collects for non-statistical purposes. BTS hereby notifies the respondents and the public that BTS uses the information it collects under this OMB approval for non-statistical purposes including, but not limited to, publication of both Respondent’s identity and its data, submission of the information to agencies outside BTS for review, analysis and possible use in regulatory and other administrative matters. Issued on May 31, 2017. William Chadwick, Jr., Director, Office of Airline Information. [FR Doc. 2017–11789 Filed 6–6–17; 8:45 am] BILLING CODE 4910–9X–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities; Information Collection Renewal; Comment Request; Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2) Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comments. AGENCY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on a continuing information collection as required by the Paperwork Reduction Act of 1995 (PRA). The OCC may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. sradovich on DSK3GMQ082PROD with NOTICES SUMMARY: VerDate Sep<11>2014 16:37 Jun 06, 2017 Jkt 241001 The OCC is soliciting comment concerning the renewal of its information collection titled ‘‘Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2).’’ DATES: Comments must be received by August 7, 2017. ADDRESSES: Because paper mail in the Washington, DC area and at the OCC is subject to delay, commenters are encouraged to submit comments by email, if possible. Comments may be sent to: Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, Attention: 1557–0242, 400 7th Street SW., Suite 3E–218, Washington, DC 20219. In addition, comments may be sent by fax to (571) 465–4326 or by electronic mail to prainfo@occ.treas.gov. You may personally inspect and photocopy comments at the OCC, 400 7th Street SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so 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 governmentissued photo identification and submit to security screening in order to inspect and photocopy comments. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not include any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance Officer, (202) 649–5490 or, for persons who are deaf or hard of hearing, TTY, (202) 649–5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501–3520), federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor. ‘‘Collection of information’’ is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. Section 3506(c)(2)(A) of title 44 requires federal agencies to provide a 60-day notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, before submitting the collection to OMB PO 00000 Frm 00147 Fmt 4703 Sfmt 4703 26569 for approval. To comply with this requirement, the OCC is publishing notice of the renewal of this collection. Title of Information Collection: Basel II Interagency Supervisory Guidance for the Supervisory Review Process (Pillar 2). OMB Control No.: 1557–0242. Frequency of Response: Eventgenerated. Affected Public: National banks. Abstract: In 2008, the agencies 1 issued a supervisory guidance document for implementing the supervisory review process (Pillar 2).2 Sections 37, 41, 43, and 46 of the guidance contain information collections. Section 37 provides that banks should state clearly the definition of capital used in any aspect of its internal capital adequacy assessment process (ICAAP) and document any changes in the internal definition of capital. Section 41 provides that banks should maintain thorough documentation of ICAAP. Section 43 specifies that the board of director should approve the bank’s ICAAP, review it on a regular basis, and approve any changes. Boards of directors, under section 46, should periodically review the assessment of overall capital adequacy and to analyze how measures of internal capital adequacy compare with other capital measures (such as regulatory or accounting). Estimated Burden: Number of Respondents: 23. Estimated Burden per Respondent: 140 hours. Total Estimated Annual Burden: 3,220 hours. Comments: Comments submitted in response to this notice will be summarized and included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the OCC’s functions, including whether the information has practical utility; (b) The accuracy of the OCC’s burden estimates, including the validity of the methodology and assumptions used; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (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; and 1 OCC, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation. 2 73 FR 44620 (July 31, 2008). E:\FR\FM\07JNN1.SGM 07JNN1 26570 Federal Register / Vol. 82, No. 108 / Wednesday, June 7, 2017 / Notices (e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: June 1, 2017. Karen O. Solomon, Deputy Chief Counsel, Office of the Comptroller of the Currency. [FR Doc. 2017–11740 Filed 6–6–17; 8:45 am] SUPPLEMENTARY INFORMATION: BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Proposed Collections; Comment Requests Departmental Offices, Department of the Treasury. SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork burdens, invites the general public and other Federal agencies to comment on an information collection that is due for extension approval by the Office of Management and Budget. The Office of International Affairs of the Department of the Treasury is soliciting comments concerning extension without change of the following three related forms: Foreign Currency Form FC–1 (OMB No. 1505–0012), Weekly Consolidated Foreign Currency Report of Major Market Participants; Form FC–2 (OMB No. 1505–0010); Monthly Consolidated Foreign Currency Report of Major Market Participants; Form FC–3 (OMB No. 1505–0014), Quarterly Consolidated Foreign Currency Report. The reports are mandatory. DATES: Written comments should be received on or before August 7, 2017 to be assured of consideration. ADDRESSES: Direct all written comments to Emily Weis, Markets Room, Department of the Treasury, Room 1328, 1500 Pennsylvania Avenue NW., Washington DC 20220. FOR FURTHER INFORMATION CONTACT: Copies of the proposed forms and instructions are available on the Federal Reserve Bank of New York’s Web site, in the section for Banking Reporting Forms and Instructions, on the Web pages for the TFC–1, TFC–2 and TFC– 3 forms, for example at: https:// www.newyorkfed.org/banking/ reportingforms/TFC_1.html; https:// www.newyorkfed.org/banking/ reportingforms/TFC_2.html; and https:// sradovich on DSK3GMQ082PROD with NOTICES AGENCY: VerDate Sep<11>2014 16:37 Jun 06, 2017 www.newyorkfed.org/banking/ reportingforms/TFC_3.html. In view of possible delays in mail delivery, please also notify Ms. Weis by email (emily.weis@treasury.gov), FAX (202– 622–2021) or telephone (202–622– 5513). Requests for additional information should be directed to Ms. Weis. Jkt 241001 Title: Weekly Consolidated Foreign Currency Report of Major Market Participants, Foreign Currency Form FC–1. OMB Control Number: 1505–0012. Title: Monthly Consolidated Foreign Currency Report of Major Market Participants, Foreign Currency Form FC–2. OMB Control Number: 1505–0010. Title: Quarterly Consolidated Foreign Currency Report, Foreign Currency Form FC–3. OMB Control Number: 1505–0014. Abstract: The filing of Foreign Currency Forms FC–1, FC–2, and FC–3 is pursuant to (31 U.S.C. 5315, which directs the Secretary of the Treasury to prescribe regulations (31 CFR 128, Subpart C), requiring reports on foreign currency transactions conducted by a United States person or a foreign person controlled by a United States person. The forms collect data on the foreign exchange spot, forward, futures, and options markets from all significant market participants. Current Actions: No changes in the forms will be made. Two changes have been made in the instructions to provide additional clarity on who must file the reports. The changes will impact the instructions for all three of the forms. Specifically, (1) In section B, Who Must Report, the last sentence of the first paragraph now reads: ‘‘The calculation of exposure against the Form FC–1 [FC– 2, FC–3] reporting threshold should include foreign exchange contracts in all currencies and should not be limited to contracts in the indicated currencies on the Form FC–1 [FC–2, FC–3].’’ (2) In section C, Filing the Reports, the last sentence of paragraph C.1 now reads: ‘‘The reporter is required to file the Form FC–1 [FC–2, FC–3] until the reporter’s contracts have remained below the reporting threshold for all four quarters of a calendar year.’’ Type of Review: Extension of a currently approved collection. PO 00000 Frm 00148 Fmt 4703 Sfmt 9990 Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: Foreign Currency Form FC–1: 30 respondents. Foreign Currency Form FC–2: 30 respondents. Foreign Currency Form FC–3: 53 respondents. Estimated Average Time per Response: Foreign Currency Form FC–1: 48 minutes (0.8 hours) per response. Foreign Currency Form FC–2: Three hours 36 minutes (3.6 hours) per response. Foreign Currency Form FC–3: Eight (8) hours per response. Estimated Total Annual Burden Hours: Foreign Currency Form FC–1: 1,248 hours, based on 52 reporting periods per year. Foreign Currency Form FC–2: 1,296 hours, based on 12 reporting periods per year. Foreign Currency Form FC–3: 1,696 hours, based on 4 reporting periods per year. Request For Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget approval. All comments will become a matter of public record. The public is invited to submit written comments concerning: (a) Whether Foreign Currency Forms FC–1, FC–2, and FC–3 are necessary for the proper performance of the functions of the Office, including whether the information will have practical uses; (b) the accuracy of the above estimates of the burdens; (c) ways to enhance the quality, usefulness and clarity of the information to be collected; (d) ways to minimize the reporting and/or record keeping burdens on respondents, including the use of information technologies to automate the collection of the data; and (e) estimates of capital or start-up costs of operation, maintenance and purchase of services to provide information. Emily Weis, Financial Analyst, Markets Room, U.S. Department of the Treasury. [FR Doc. 2017–11777 Filed 6–6–17; 8:45 am] BILLING CODE 4810–25–P E:\FR\FM\07JNN1.SGM 07JNN1

Agencies

[Federal Register Volume 82, Number 108 (Wednesday, June 7, 2017)]
[Notices]
[Pages 26569-26570]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-11740]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities; Information Collection 
Renewal; Comment Request; Basel II Interagency Supervisory Guidance for 
the Supervisory Review Process (Pillar 2)

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other federal 
agencies to comment on a continuing information collection as required 
by the Paperwork Reduction Act of 1995 (PRA).
    The OCC may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless it displays a 
currently valid Office of Management and Budget (OMB) control number.
    The OCC is soliciting comment concerning the renewal of its 
information collection titled ``Basel II Interagency Supervisory 
Guidance for the Supervisory Review Process (Pillar 2).''

DATES: Comments must be received by August 7, 2017.

ADDRESSES: Because paper mail in the Washington, DC area and at the OCC 
is subject to delay, commenters are encouraged to submit comments by 
email, if possible. Comments may be sent to: Legislative and Regulatory 
Activities Division, Office of the Comptroller of the Currency, 
Attention: 1557-0242, 400 7th Street SW., Suite 3E-218, Washington, DC 
20219. In addition, comments may be sent by fax to (571) 465-4326 or by 
electronic mail to prainfo@occ.treas.gov. You may personally inspect 
and photocopy comments at the OCC, 400 7th Street SW., Washington, DC 
20219. For security reasons, the OCC requires that visitors make an 
appointment to inspect comments. You may do so 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 security screening 
in order to inspect and photocopy comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not include any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance 
Officer, (202) 649-5490 or, for persons who are deaf or hard of 
hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities 
Division, Office of the Comptroller of the Currency, 400 7th Street 
SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), federal 
agencies must obtain approval from the OMB for each collection of 
information that they conduct or sponsor. ``Collection of information'' 
is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency 
requests or requirements that members of the public submit reports, 
keep records, or provide information to a third party. Section 
3506(c)(2)(A) of title 44 requires federal agencies to provide a 60-day 
notice in the Federal Register concerning each proposed collection of 
information, including each proposed extension of an existing 
collection of information, before submitting the collection to OMB for 
approval. To comply with this requirement, the OCC is publishing notice 
of the renewal of this collection.
    Title of Information Collection: Basel II Interagency Supervisory 
Guidance for the Supervisory Review Process (Pillar 2).
    OMB Control No.: 1557-0242.
    Frequency of Response: Event-generated.
    Affected Public: National banks.
    Abstract: In 2008, the agencies \1\ issued a supervisory guidance 
document for implementing the supervisory review process (Pillar 2).\2\ 
Sections 37, 41, 43, and 46 of the guidance contain information 
collections. Section 37 provides that banks should state clearly the 
definition of capital used in any aspect of its internal capital 
adequacy assessment process (ICAAP) and document any changes in the 
internal definition of capital. Section 41 provides that banks should 
maintain thorough documentation of ICAAP. Section 43 specifies that the 
board of director should approve the bank's ICAAP, review it on a 
regular basis, and approve any changes. Boards of directors, under 
section 46, should periodically review the assessment of overall 
capital adequacy and to analyze how measures of internal capital 
adequacy compare with other capital measures (such as regulatory or 
accounting).
---------------------------------------------------------------------------

    \1\ OCC, Board of Governors of the Federal Reserve System, 
Federal Deposit Insurance Corporation.
    \2\ 73 FR 44620 (July 31, 2008).
---------------------------------------------------------------------------

    Estimated Burden:
    Number of Respondents: 23.
    Estimated Burden per Respondent: 140 hours.
    Total Estimated Annual Burden: 3,220 hours.
    Comments: Comments submitted in response to this notice will be 
summarized and included in the request for OMB approval. All comments 
will become a matter of public record. Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the OCC's functions, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's burden estimates, including the 
validity of the methodology and assumptions used;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (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; and

[[Page 26570]]

    (e) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: June 1, 2017.
Karen O. Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2017-11740 Filed 6-6-17; 8:45 am]
BILLING CODE 4810-33-P