Proposed Agency Information Collection Activities; Comment Request, 40154-40155 [2017-17939]

Download as PDF 40154 Federal Register / Vol. 82, No. 163 / Thursday, August 24, 2017 / Notices Dunbar, all of Jackson, Mississippi; Wirt Adams Yerger, III and Linda Biggers Yerger, both of Inlet Beach, Florida; John Taylor Yerger, Dallas, Texas; Richard Montague Yerger, Birmingham, Alabama; James David Yerger, Raleigh, North Carolina; Thomas Yerger Dunbar and Wirt Yerger Dunbar, both of Austin, Texas; Frank Montague Yerger; Frank Montague Yerger, trustee for Frank Montague Yerger Revocable Trust; Jane P. Yerger; Jane P. Yerger, trustee for Frank Montague Yerger, Jr., Trust 2; Jane P. Yerger, trustee for Sara Jane Rivers Yerger Trust; and Jane P. Yerger, trustee for Harlan Prater Yerger Trust, all of Oxford, Mississippi; to collectively retain voting shares of PriorityOne Capital Corporation, and thereby indirectly retain voting shares in PriorityOne Bank, both in Magee, Mississippi. Board of Governors of the Federal Reserve System. August 18, 2017. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2017–17893 Filed 8–23–17; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend, with revision, the mandatory Banking Organization Systemic Risk Report (FR Y–15; OMB No. 7100–0352). On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies. DATES: Comments must be submitted on or before October 23, 2017. ADDRESSES: You may submit comments, identified by FR Y–15 by any of the following methods: • Agency Web site: http:// www.federalreserve.gov. Follow the rmajette on DSKBCKNHB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 15:29 Aug 23, 2017 Jkt 241001 instructions for submitting comments at http://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Email: regs.comments@ federalreserve.gov. Include OMB number in the subject line of the message. • FAX: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW., Washington, DC 20551. All public comments are available from the Board’s Web site at http:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room 3515, 1801 K Street (between 18th and 19th Streets NW) Washington, DC 20006 between 9:00 a.m. and 5:00 p.m. on weekdays. Additionally, commenters may send a copy of their comments to the OMB Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW., Washington, DC 20503 or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files, once approved. These documents will also be made available on the Federal Reserve Board’s public Web site at: http:// www.federalreserve.gov/apps/ reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below. Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452–3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263–4869, Board of Governors of the Federal Reserve System, Washington, DC 20551. SUPPLEMENTARY INFORMATION: Request for Comment on Information Collection Proposal The Board invites public comment on the following information collection, which is being reviewed under PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 authority delegated by the OMB under the PRA. Comments are invited on all aspects of the proposal, including the following: a. Whether the proposed collection of information is necessary for the proper performance of the Federal Reserve’s functions; including whether the information has practical utility; b. The accuracy of the Federal Reserve’s estimate of the burden of the proposed 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; d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and e. Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the Federal Reserve should modify the proposal prior to giving final approval. Proposal To Approve Under OMB Delegated Authority the Extension for Three Years, With Revision, of the Following Report Report Title: The Banking Organization Systemic Risk Report. Agency Form Number: FR Y–15. OMB Control Number: 7100–0352. Frequency: Quarterly. Respondents: U.S. bank holding companies (BHCs), covered savings and loan holding companies (SLHCs), and U.S. intermediate holding companies (IHCs) of foreign banking organizations with $50 billion or more of total consolidated assets, and any BHC designated as a global systemically important bank holding company (G– SIB) that does not otherwise meet the consolidated assets threshold for BHCs. Estimated Number of Respondents: 40. Estimated Average Hours per Response: 401 hours. Estimated Annual Burden Hours: 64,160 hours. General Description of Report: The FR Y–15 quarterly report collects systemic risk data from U.S. BHCs, covered SLHCs,1 and U.S. IHCs with total consolidated assets of $50 billion or 1 Covered SLHCs are those which are not substantially engaged in insurance or commercial activities. See 12 CFR 217.2, ‘‘covered savings and loan holding company.’’ E:\FR\FM\24AUN1.SGM 24AUN1 Federal Register / Vol. 82, No. 163 / Thursday, August 24, 2017 / Notices rmajette on DSKBCKNHB2PROD with NOTICES more, and any BHC identified as a G– SIB based on its method 1 score calculated as of December 31 of the previous calendar year 2 that does not otherwise meet the consolidated assets threshold for BHCs. The Board uses the FR Y–15 data to monitor, on an ongoing basis, the systemic risk profile of institutions which are subject to enhanced prudential standards under section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).3 In addition, the FR Y–15 is used to (i) facilitate the implementation of the surcharge for G– SIBs, (ii) identify other institutions which may present significant systemic risk, and (iii) analyze the systemic risk implications of proposed mergers and acquisitions. Proposed Revisions: The FR Y–15 would be revised by (1) including Mexican pesos in total payments activity on Schedule C and removing it from the Memorandum items; (2) adding securities brokers to the definition of financial institutions in the instructions for Schedule B; (3) expressly including all cleared derivative transactions in Schedule D, item 1; (4) specifying how certain cleared derivatives transactions are reported in Schedule B, items 5(a) and 11(a); and (5) making minor clarifications to the form and instructions. The proposed changes would be effective for reports submitted on or after January 1, 2018, beginning with reports reflecting the December 31, 2017, report date. Legal Authorization and Confidentiality: The Board has determined that the FR Y–15 is authorized by the Dodd-Frank Act (sections 163, 165, and 604), the International Banking Act, the Bank Holding Company Act, and the Home Owners’ Loan Act (12 U.S.C. 1467a, 1844, 3106, and 3108). The obligation to respond to the FR Y–15 is mandatory. Most of the data collected on the FR Y–15 is made public unless a specific request for confidentiality is submitted by the reporting entity, either on the FR Y–15 or on the form from which the data item is obtained.4 Such information will be accorded confidential treatment under exemption 4 of the Freedom of Information Act (FOIA), (5 U.S.C. 552(b)(4)), if the submitter substantiates 2 See 12 CFR 217.402. U.S.C. 5365. 4 A number of the items in the FR Y–15 are retrieved from the FR Y–9C and certain items may be retrieved from the FFIEC–101 and FFIEC 009. Confidential treatment will also extend to any automatically-calculated items on the FR Y–15 that have been derived from confidential data items and that, if released, would reveal the underlying confidential data. 3 12 VerDate Sep<11>2014 15:29 Aug 23, 2017 Jkt 241001 its assertion that disclosure would likely cause substantial competitive harm. To the extent confidential data collected under the FR Y–15 will be used for supervisory purposes, it may be exempt from disclosure under Exemption 8 of FOIA, (5 U.S.C. 552(b)(8)). Consultation Outside the Agency: The FR Y–15 was derived from data collections developed by the Basel Committee on Banking Supervision (BCBS) to assess the global systemic importance of banks. The BCBS revised its data collations in January 2017 after consultation with representatives from numerous national supervisory authorities, including the Board.5 Many of the proposed revisions to the FR Y– 15 would correspond to changes made to the BCBS data collection. Board of Governors of the Federal Reserve System, August 21, 2017. Ann E. Misback, Secretary of the Board. [FR Doc. 2017–17939 Filed 8–23–17; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION [File No. 151 0138] National Association of Animal Breeders, Inc.; Analysis To Aid Public Comment Federal Trade Commission. Proposed Consent Agreement. AGENCY: ACTION: The consent agreement in this matter settles alleged violations of federal law prohibiting unfair methods of competition. The attached Analysis to Aid Public Comment describes both the allegations in the complaint and the terms of the consent order—embodied in the consent agreement—that would settle these allegations. DATES: Comments must be received on or before September 19, 2017. ADDRESSES: Interested parties may file a comment online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write: ‘‘In the Matter of National Association of Animal Breeders, Inc. File No. 1510138’’ on your comment, and file your comment online at https:// ftcpublic.commentworks.com/ftc/ cattleartificialinseminationconsent by following the instructions on the webbased form. If you prefer to file your comment on paper, write ‘‘In the Matter of National Association of Animal SUMMARY: 5 See Instructions for the end-2016 G–SIB assessment exercise, January 2017, available at www.bis.org/bcbs/gsib/instr_end16_gsib.pdf. PO 00000 Frm 00026 Fmt 4703 Sfmt 4703 40155 Breeders, Inc. File No. 1510138’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC– 5610 (Annex D), Washington, DC 20580, or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor, Suite 5610 (Annex D), Washington, DC 20024. FOR FURTHER INFORMATION CONTACT: Armando Irizarry (202–326–2964), Bureau of Competition, 600 Pennsylvania Avenue NW., Washington, DC 20580. SUPPLEMENTARY INFORMATION: Pursuant to Section 6(f) of the Federal Trade Commission Act, 15 U.S.C. 46(f), and FTC Rule 2.34, 16 CFR 2.34, notice is hereby given that the above-captioned consent agreement containing a consent order to cease and desist, having been filed with and accepted, subject to final approval, by the Commission, has been placed on the public record for a period of thirty (30) days. The following Analysis to Aid Public Comment describes the terms of the consent agreement, and the allegations in the complaint. An electronic copy of the full text of the consent agreement package can be obtained from the FTC Home Page (for August 18, 2017), on the World Wide Web, at https:// www.ftc.gov/news-events/commissionactions. You can file a comment online or on paper. For the Commission to consider your comment, we must receive it on or before September 19, 2017. Write ‘‘In the Matter of National Association of Animal Breeders, Inc. File No. 1510138’’ on your comment. Your comment— including your name and your state— will be placed on the public record of this proceeding, including, to the extent practicable, on the public Commission Web site, at https://www.ftc.gov/policy/ public-comments. Postal mail addressed to the Commission is subject to delay due to heightened security screening. As a result, we encourage you to submit your comments online. To make sure that the Commission considers your online comment, you must file it at https:// ftcpublic.commentworks.com/ftc/ cattleartificialinseminationconsent by following the instructions on the webbased form. If this Notice appears at http://www.regulations.gov/#!home, you also may file a comment through that Web site. If you prefer to file your comment on paper, write ‘‘In the Matter of National E:\FR\FM\24AUN1.SGM 24AUN1

Agencies

[Federal Register Volume 82, Number 163 (Thursday, August 24, 2017)]
[Notices]
[Pages 40154-40155]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-17939]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

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

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend, with revision, the mandatory 
Banking Organization Systemic Risk Report (FR Y-15; OMB No. 7100-0352).
    On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board authority under the Paperwork Reduction Act 
(PRA) to approve and assign OMB control numbers to collection of 
information requests and requirements conducted or sponsored by the 
Board. In exercising this delegated authority, the Board is directed to 
take every reasonable step to solicit comment. In determining whether 
to approve a collection of information, the Board will consider all 
comments received from the public and other agencies.

DATES: Comments must be submitted on or before October 23, 2017.

ADDRESSES: You may submit comments, identified by FR Y-15 by any of the 
following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: regs.comments@federalreserve.gov. Include OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room 
3515, 1801 K Street (between 18th and 19th Streets NW) Washington, DC 
20006 between 9:00 a.m. and 5:00 p.m. on weekdays.
    Additionally, commenters may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed--Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 10235, 725 17th Street NW., Washington, DC 20503 or by 
fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files, once approved. These documents will also be made 
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551, (202) 452-3829. Telecommunications Device 
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors 
of the Federal Reserve System, Washington, DC 20551.

SUPPLEMENTARY INFORMATION:

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on all aspects of the proposal, 
including the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the proposed 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;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Federal 
Reserve should modify the proposal prior to giving final approval.

Proposal To Approve Under OMB Delegated Authority the Extension for 
Three Years, With Revision, of the Following Report

    Report Title: The Banking Organization Systemic Risk Report.
    Agency Form Number: FR Y-15.
    OMB Control Number: 7100-0352.
    Frequency: Quarterly.
    Respondents: U.S. bank holding companies (BHCs), covered savings 
and loan holding companies (SLHCs), and U.S. intermediate holding 
companies (IHCs) of foreign banking organizations with $50 billion or 
more of total consolidated assets, and any BHC designated as a global 
systemically important bank holding company (G-SIB) that does not 
otherwise meet the consolidated assets threshold for BHCs.
    Estimated Number of Respondents: 40.
    Estimated Average Hours per Response: 401 hours.
    Estimated Annual Burden Hours: 64,160 hours.
    General Description of Report: The FR Y-15 quarterly report 
collects systemic risk data from U.S. BHCs, covered SLHCs,\1\ and U.S. 
IHCs with total consolidated assets of $50 billion or

[[Page 40155]]

more, and any BHC identified as a G-SIB based on its method 1 score 
calculated as of December 31 of the previous calendar year \2\ that 
does not otherwise meet the consolidated assets threshold for BHCs. The 
Board uses the FR Y-15 data to monitor, on an ongoing basis, the 
systemic risk profile of institutions which are subject to enhanced 
prudential standards under section 165 of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (Dodd-Frank Act).\3\ In addition, 
the FR Y-15 is used to (i) facilitate the implementation of the 
surcharge for G-SIBs, (ii) identify other institutions which may 
present significant systemic risk, and (iii) analyze the systemic risk 
implications of proposed mergers and acquisitions.
---------------------------------------------------------------------------

    \1\ Covered SLHCs are those which are not substantially engaged 
in insurance or commercial activities. See 12 CFR 217.2, ``covered 
savings and loan holding company.''
    \2\ See 12 CFR 217.402.
    \3\ 12 U.S.C. 5365.
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    Proposed Revisions: The FR Y-15 would be revised by (1) including 
Mexican pesos in total payments activity on Schedule C and removing it 
from the Memorandum items; (2) adding securities brokers to the 
definition of financial institutions in the instructions for Schedule 
B; (3) expressly including all cleared derivative transactions in 
Schedule D, item 1; (4) specifying how certain cleared derivatives 
transactions are reported in Schedule B, items 5(a) and 11(a); and (5) 
making minor clarifications to the form and instructions. The proposed 
changes would be effective for reports submitted on or after January 1, 
2018, beginning with reports reflecting the December 31, 2017, report 
date.
    Legal Authorization and Confidentiality: The Board has determined 
that the FR Y-15 is authorized by the Dodd-Frank Act (sections 163, 
165, and 604), the International Banking Act, the Bank Holding Company 
Act, and the Home Owners' Loan Act (12 U.S.C. 1467a, 1844, 3106, and 
3108). The obligation to respond to the FR Y-15 is mandatory.
    Most of the data collected on the FR Y-15 is made public unless a 
specific request for confidentiality is submitted by the reporting 
entity, either on the FR Y-15 or on the form from which the data item 
is obtained.\4\ Such information will be accorded confidential 
treatment under exemption 4 of the Freedom of Information Act (FOIA), 
(5 U.S.C. 552(b)(4)), if the submitter substantiates its assertion that 
disclosure would likely cause substantial competitive harm. To the 
extent confidential data collected under the FR Y-15 will be used for 
supervisory purposes, it may be exempt from disclosure under Exemption 
8 of FOIA, (5 U.S.C. 552(b)(8)).
---------------------------------------------------------------------------

    \4\ A number of the items in the FR Y-15 are retrieved from the 
FR Y-9C and certain items may be retrieved from the FFIEC-101 and 
FFIEC 009. Confidential treatment will also extend to any 
automatically-calculated items on the FR Y-15 that have been derived 
from confidential data items and that, if released, would reveal the 
underlying confidential data.
---------------------------------------------------------------------------

    Consultation Outside the Agency: The FR Y-15 was derived from data 
collections developed by the Basel Committee on Banking Supervision 
(BCBS) to assess the global systemic importance of banks. The BCBS 
revised its data collations in January 2017 after consultation with 
representatives from numerous national supervisory authorities, 
including the Board.\5\ Many of the proposed revisions to the FR Y-15 
would correspond to changes made to the BCBS data collection.
---------------------------------------------------------------------------

    \5\ See Instructions for the end-2016 G-SIB assessment exercise, 
January 2017, available at www.bis.org/bcbs/gsib/instr_end16_gsib.pdf.

    Board of Governors of the Federal Reserve System, August 21, 
2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-17939 Filed 8-23-17; 8:45 am]
 BILLING CODE 6210-01-P