Removal of Office of Thrift Supervision Regulations, 47083-47084 [2017-21904]
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47083
Rules and Regulations
Federal Register
Vol. 82, No. 195
Wednesday, October 11, 2017
This section of the FEDERAL REGISTER
contains regulatory documents having general
applicability and legal effect, most of which
are keyed to and codified in the Code of
Federal Regulations, which is published under
50 titles pursuant to 44 U.S.C. 1510.
Suite 2310, San Francisco, California
94105–1831 Facsimile No.: (415) 904–
0580’’ and adding, in its place, ‘‘1301
Clay Street, Suite 1380N, Oakland,
California 94612–5217, Facsimile No.:
(510) 273–7136.’’
The Code of Federal Regulations is sold by
the Superintendent of Documents.
Jennifer Everling,
Acting Clerk of the Board.
[FR Doc. 2017–21890 Filed 10–10–17; 8:45 am]
MERIT SYSTEMS PROTECTION
BOARD
BILLING CODE 7400–01–P
5 CFR Part 1201
DEPARTMENT OF THE TREASURY
Practices and Procedures
Office of the Secretary
AGENCY:
Merit Systems Protection
12 CFR Chapter V
Board.
ACTION:
Final rule.
The Merit Systems Protection
Board (MSPB or the Board) is amending
its rules of practice and procedure in
this part to reflect the relocation of its
Western Regional Office.
DATES: Effective Date: October 16, 2017.
FOR FURTHER INFORMATION CONTACT:
Jennifer Everling, Acting Clerk of the
Board, Merit Systems Protection Board,
1615 M Street NW., Washington, DC
20419; phone: (202) 653–7200; fax: (202)
653–7130; or email: mspb@mspb.gov.
SUPPLEMENTARY INFORMATION: On
October 13, 2017, MSPB will relocate its
Western Regional Office from 201
Mission Street, San Francisco, CA, to
1301 Clay Street, Oakland, CA.
Appendix II of this part is amended to
show the new address. The facsimile
number is changing to (510) 273–7136.
The geographical areas served by the
Western Regional Office are unchanged.
The Board is publishing this as a final
rule pursuant to 5 U.S.C. 1204(h).
SUMMARY:
List of Subjects in 5 CFR Part 1201
Administrative practice and
procedure.
Accordingly, the Board amends 5 CFR
part 1201 as follows:
PART 1201—PRACTICES AND
PROCEDURES
1. The authority citation for part 1201
continues to read as follows:
ethrower on DSK3G9T082PROD with RULES
■
Authority: 5 U.S.C. 1204, 1305, and 7701,
and 38 U.S.C. 4331, unless otherwise noted.
Appendix II to Part 1201—[Amended]
2. Amend Appendix II to part 1201 in
item 5 by removing ‘‘201 Mission Street,
Removal of Office of Thrift Supervision
Regulations
Department of the Treasury.
Final rule.
AGENCY:
ACTION:
The Department of the
Treasury is removing chapter V of title
12, Code of Federal Regulations (CFR),
which contains regulations of the former
Office of Thrift Supervision (OTS). The
OTS, a Bureau of the Department of the
Treasury, was abolished effective
October 19, 2011, and its rulemaking
authority and operative rules were
transferred to other agencies pursuant to
the Dodd-Frank Wall Street Reform and
Consumer Protection Act. Because those
agencies have issued regulations that
supersede chapter V, chapter V is no
longer necessary.
DATES: Effective October 11, 2018.
FOR FURTHER INFORMATION CONTACT:
Heidi Cohen, Senior Counsel for
Regulatory Affairs, (202) 622–1142,
Office of the Assistant General Counsel
for General Law, Ethics & Regulation,
Department of the Treasury, 1500
Pennsylvania Avenue NW., Washington,
DC 20220.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Description of Final Rule
The OTS, a Bureau of the Department
of the Treasury, was abolished by the
Dodd-Frank Wall Street Reform and
Consumer Protection Act (Dodd-Frank
Act or Act) 1 on October 19, 2011. Titles
III and X of the Act transferred the
powers, authorities, rights, and duties of
the OTS to the Office of the Comptroller
of the Currency, the Federal Deposit
■
VerDate Sep<11>2014
20:04 Oct 10, 2017
Jkt 244001
1 Public
PO 00000
Law 111–203, 124 Stat. 1376 (2010).
Frm 00001
Fmt 4700
Sfmt 4700
Insurance Corporation, the Board of
Governors of the Federal Reserve
System, and the Consumer Financial
Protection Bureau (collectively, the
Agencies), effective July 21, 2011.
Chapter V of title 12 of the CFR sets
out the OTS regulations. Several parts of
chapter V relate to the administrative
functions of the OTS. Because the OTS
was abolished, those parts are
inoperative. The remaining parts of
chapter V concern the supervision and
examination of savings associations and
savings and loan holding companies.
Since the abolishment of the OTS, the
Agencies have republished those OTS
regulations they will enforce in their
own chapters of title 12.2
In order to eliminate the confusion
that may arise from having inoperative
and superseded regulations of an
abolished agency published in the CFR,
the Department of the Treasury is
removing chapter V of title 12 of the
CFR.
Notice and Comment
The Administrative Procedure Act
(APA) generally requires public notice
and an opportunity to comment before
an agency issues a final rule.3 However,
notice and comment are not required
before issuing a final rule if the
rulemaking relates to agency
organization, procedure, or practice or if
an agency, for good cause, finds that
‘‘notice and public procedure thereon
are impracticable, unnecessary, or
contrary to the public interest.’’
The Department of the Treasury finds
that notice and comment are not
required with respect to the removal of
the parts of chapter V that govern the
organization and administrative
functions of the OTS because those
2 See, e.g., 76 FR 48950 (August 9, 2011)
(republishing regulations relating to savings
associations in chapter I of title 12); 76 FR 47652
(August 5, 2011) (republishing regulations relating
to State savings associations in chapter III of title
12); 76 FR 56508 (September 13, 2011)
(republishing regulations relating to savings and
loan holding companies in chapter II of title 12); 76
FR 44226 (July 22, 2011) (republishing regulations
relating to the Alternative Mortgage Transaction
Parity Act and the Truth in Lending Act in chapter
X of title 12); 76 FR 78487 (December 19, 2011)
(republishing regulations relating to the S.A.F.E.
Mortgage Licensing Act in chapter X of title 12); 76
FR 79025 (December 21, 2011) (republishing
regulations relating to privacy of consumer
financial information in chapter X of title 12); and
76 FR 79308 (December 21, 2011) (republishing
regulations relating to the Fair Credit Reporting Act
in chapter X of title 12).
3 5 U.S.C. 553(b)(B),
E:\FR\FM\11OCR1.SGM
11OCR1
47084
Federal Register / Vol. 82, No. 195 / Wednesday, October 11, 2017 / Rules and Regulations
parts have been inoperative since the
OTS was abolished in 2011.
Furthermore, with respect to the
removal of the parts of chapter V that
govern savings associations and savings
and loan holding companies, the
Department of the Treasury finds that
notice and comment under the APA are
neither necessary nor in the public
interest. As discussed above, titles III
and X of the Dodd-Frank Act transferred
the powers, authorities, rights, and
duties of the OTS to the Agencies on
July 21, 2011 and abolished the OTS on
October 19, 2011. Since that time, the
Agencies have issued rules that
supersede the OTS regulations relating
to savings associations and savings and
loan holding companies. This final rule
does not make any substantive changes
to the regulations currently applicable
to savings associations and savings and
loan associations and does not
substantively affect these regulated
entities or the public. It simply removes
obsolete provisions that are likely to be
a source of confusion. For these reasons,
advance notice and comment under the
APA are unnecessary and not in the
public interest.
ethrower on DSK3G9T082PROD with RULES
Regulatory Flexibility Act Analysis
The Regulatory Flexibility Act 4 (RFA)
applies only to rules for which an
agency publishes a general notice of
proposed rulemaking pursuant to 5
U.S.C. 553(b). Pursuant to the APA at 5
U.S.C. 553(b)(B), general notice and an
opportunity for public comment are not
required prior to the issuance of a final
rule when an agency, for good cause,
finds that ‘‘notice and public procedure
thereon are impracticable, unnecessary,
or contrary to the public interest.’’ As
discussed above, the Department of the
Treasury has determined for good cause
that the APA does not require notice
and public comment on this final rule
and, therefore, it is not publishing a
notice of proposed rulemaking. Thus,
the RFA, pursuant 5 U.S.C. 601(2), does
not apply to this final rule.
Unfunded Mandates Reform Act
Section 202 of the Unfunded
Mandates Reform Act of 1995 requires
that an agency prepare a budgetary
impact statement before promulgating
any rule likely to result in a Federal
mandate that may result in the
expenditure by state, local, and tribal
governments, in the aggregate, or by the
private sector, of $100 million or more
in any one year, adjusted for inflation.5
Because this final rule removes
inoperative and superseded regulations,
4 (Pub.
L. 96–354, Sept. 19, 1980).
Law 104–4 (2 U.S.C. 1532).
5 Public
VerDate Sep<11>2014
20:04 Oct 10, 2017
Jkt 244001
the Department of the Treasury has
determined that there is no Federal
mandate imposed by this rulemaking.
Executive Order 12866
This rule is not a significant
regulatory action under Executive Order
12866, Regulatory Planning and Review.
12 CFR Chapter V [Removed]
For the reasons set forth in the
preamble and pursuant to titles III and
X of the Dodd-Frank Act, amend title 12
of the Code of Federal Regulations by
removing chapter V.
■
Dated: October 4, 2017.
Kody H. Kinsley,
Assistant Secretary for Management.
[FR Doc. 2017–21904 Filed 10–10–17; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 39
[Docket No. FAA–2017–0624; Product
Identifier 2016–NM–135–AD; Amendment
39–19067; AD 2017–20–10]
RIN 2120–AA64
Airworthiness Directives; Airbus
Airplanes
Federal Aviation
Administration (FAA), Department of
Transportation (DOT).
ACTION: Final rule.
AGENCY:
We are adopting a new
airworthiness directive (AD) for all
Airbus Model A319 series airplanes,
Model A320–211, –212, –214, –231,
–232, and –233 airplanes, and Model
A321–111, –112, –131, –211, –212,
–213, –231, and –232 airplanes. This AD
was prompted by a runway excursion
due to an unexpected thrust increase
leading to an unstable approach
performed using the current flight
management and guidance computer
(FMGC) standard. This AD requires
identification of potentially affected
FMGCs, replacement of any affected
FMGC, and applicable concurrent
actions. We are issuing this AD to
address the unsafe condition on these
products.
SUMMARY:
This AD is effective November
15, 2017.
The Director of the Federal Register
approved the incorporation by reference
of certain publications listed in this AD
as of November 15, 2017.
ADDRESSES: For service information
identified in this final rule, contact
DATES:
PO 00000
Frm 00002
Fmt 4700
Sfmt 4700
Airbus, Airworthiness Office—EIAS, 1
Rond Point Maurice Bellonte, 31707
Blagnac Cedex, France; telephone +33 5
61 93 36 96; fax +33 5 61 93 44 51; email
account.airworth-eas@airbus.com;
Internet https://www.airbus.com. You
may view this referenced service
information at the FAA, Transport
Standards Branch, 1601 Lind Avenue
SW., Renton, WA. For information on
the availability of this material at the
FAA, call 425–227–1221. It is also
available on the Internet at https://
www.regulations.gov by searching for
and locating Docket No. FAA–2017–
0624.
Examining the AD Docket
You may examine the AD docket on
the Internet at https://
www.regulations.gov by searching for
and locating Docket No. FAA–2017–
0624; or in person at the Docket
Management Facility between 9 a.m.
and 5 p.m., Monday through Friday,
except Federal holidays. The AD docket
contains this AD, the regulatory
evaluation, any comments received, and
other information. The street address for
the Docket Office (telephone 800–647–
5527) is Docket Management Facility,
U.S. Department of Transportation,
Docket Operations, M–30, West
Building Ground Floor, Room W12–140,
1200 New Jersey Avenue SE.,
Washington, DC 20590.
FOR FURTHER INFORMATION CONTACT:
Sanjay Ralhan, Aerospace Engineer,
International Section, Transport
Standards Branch, FAA, 1601 Lind
Avenue SW., Renton, WA 98057–3356;
telephone 425–227–1405; fax 425–227–
1149.
SUPPLEMENTARY INFORMATION:
Discussion
We issued a notice of proposed
rulemaking (NPRM) to amend 14 CFR
part 39 by adding an AD that would
apply to all Airbus Model A319 series
airplanes, Model A320–211, –212, –214,
–231, –232, and –233 airplanes, and
Model A321–111, –112, –131, –211,
–212, –213, –231, and –232 airplanes.
The NPRM published in the Federal
Register on June 29, 2017 (82 FR 29440)
(‘‘the NPRM’’). The NPRM was
prompted by a runway excursion due to
an unexpected thrust increase leading to
an unstable approach performed using
the current FMGC standard. The NPRM
proposed to require identification of
potentially affected FMGCs,
replacement of any affected FMGC, and
applicable concurrent actions. We are
issuing this AD to prevent unstable
approaches due to an unexpected thrust
increase, which could result in reduced
E:\FR\FM\11OCR1.SGM
11OCR1
Agencies
[Federal Register Volume 82, Number 195 (Wednesday, October 11, 2017)]
[Rules and Regulations]
[Pages 47083-47084]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-21904]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Secretary
12 CFR Chapter V
Removal of Office of Thrift Supervision Regulations
AGENCY: Department of the Treasury.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury is removing chapter V of title
12, Code of Federal Regulations (CFR), which contains regulations of
the former Office of Thrift Supervision (OTS). The OTS, a Bureau of the
Department of the Treasury, was abolished effective October 19, 2011,
and its rulemaking authority and operative rules were transferred to
other agencies pursuant to the Dodd-Frank Wall Street Reform and
Consumer Protection Act. Because those agencies have issued regulations
that supersede chapter V, chapter V is no longer necessary.
DATES: Effective October 11, 2018.
FOR FURTHER INFORMATION CONTACT: Heidi Cohen, Senior Counsel for
Regulatory Affairs, (202) 622-1142, Office of the Assistant General
Counsel for General Law, Ethics & Regulation, Department of the
Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220.
SUPPLEMENTARY INFORMATION:
Description of Final Rule
The OTS, a Bureau of the Department of the Treasury, was abolished
by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-
Frank Act or Act) \1\ on October 19, 2011. Titles III and X of the Act
transferred the powers, authorities, rights, and duties of the OTS to
the Office of the Comptroller of the Currency, the Federal Deposit
Insurance Corporation, the Board of Governors of the Federal Reserve
System, and the Consumer Financial Protection Bureau (collectively, the
Agencies), effective July 21, 2011.
---------------------------------------------------------------------------
\1\ Public Law 111-203, 124 Stat. 1376 (2010).
---------------------------------------------------------------------------
Chapter V of title 12 of the CFR sets out the OTS regulations.
Several parts of chapter V relate to the administrative functions of
the OTS. Because the OTS was abolished, those parts are inoperative.
The remaining parts of chapter V concern the supervision and
examination of savings associations and savings and loan holding
companies. Since the abolishment of the OTS, the Agencies have
republished those OTS regulations they will enforce in their own
chapters of title 12.\2\
---------------------------------------------------------------------------
\2\ See, e.g., 76 FR 48950 (August 9, 2011) (republishing
regulations relating to savings associations in chapter I of title
12); 76 FR 47652 (August 5, 2011) (republishing regulations relating
to State savings associations in chapter III of title 12); 76 FR
56508 (September 13, 2011) (republishing regulations relating to
savings and loan holding companies in chapter II of title 12); 76 FR
44226 (July 22, 2011) (republishing regulations relating to the
Alternative Mortgage Transaction Parity Act and the Truth in Lending
Act in chapter X of title 12); 76 FR 78487 (December 19, 2011)
(republishing regulations relating to the S.A.F.E. Mortgage
Licensing Act in chapter X of title 12); 76 FR 79025 (December 21,
2011) (republishing regulations relating to privacy of consumer
financial information in chapter X of title 12); and 76 FR 79308
(December 21, 2011) (republishing regulations relating to the Fair
Credit Reporting Act in chapter X of title 12).
---------------------------------------------------------------------------
In order to eliminate the confusion that may arise from having
inoperative and superseded regulations of an abolished agency published
in the CFR, the Department of the Treasury is removing chapter V of
title 12 of the CFR.
Notice and Comment
The Administrative Procedure Act (APA) generally requires public
notice and an opportunity to comment before an agency issues a final
rule.\3\ However, notice and comment are not required before issuing a
final rule if the rulemaking relates to agency organization, procedure,
or practice or if an agency, for good cause, finds that ``notice and
public procedure thereon are impracticable, unnecessary, or contrary to
the public interest.''
---------------------------------------------------------------------------
\3\ 5 U.S.C. 553(b)(B),
---------------------------------------------------------------------------
The Department of the Treasury finds that notice and comment are
not required with respect to the removal of the parts of chapter V that
govern the organization and administrative functions of the OTS because
those
[[Page 47084]]
parts have been inoperative since the OTS was abolished in 2011.
Furthermore, with respect to the removal of the parts of chapter V
that govern savings associations and savings and loan holding
companies, the Department of the Treasury finds that notice and comment
under the APA are neither necessary nor in the public interest. As
discussed above, titles III and X of the Dodd-Frank Act transferred the
powers, authorities, rights, and duties of the OTS to the Agencies on
July 21, 2011 and abolished the OTS on October 19, 2011. Since that
time, the Agencies have issued rules that supersede the OTS regulations
relating to savings associations and savings and loan holding
companies. This final rule does not make any substantive changes to the
regulations currently applicable to savings associations and savings
and loan associations and does not substantively affect these regulated
entities or the public. It simply removes obsolete provisions that are
likely to be a source of confusion. For these reasons, advance notice
and comment under the APA are unnecessary and not in the public
interest.
Regulatory Flexibility Act Analysis
The Regulatory Flexibility Act \4\ (RFA) applies only to rules for
which an agency publishes a general notice of proposed rulemaking
pursuant to 5 U.S.C. 553(b). Pursuant to the APA at 5 U.S.C. 553(b)(B),
general notice and an opportunity for public comment are not required
prior to the issuance of a final rule when an agency, for good cause,
finds that ``notice and public procedure thereon are impracticable,
unnecessary, or contrary to the public interest.'' As discussed above,
the Department of the Treasury has determined for good cause that the
APA does not require notice and public comment on this final rule and,
therefore, it is not publishing a notice of proposed rulemaking. Thus,
the RFA, pursuant 5 U.S.C. 601(2), does not apply to this final rule.
---------------------------------------------------------------------------
\4\ (Pub. L. 96-354, Sept. 19, 1980).
---------------------------------------------------------------------------
Unfunded Mandates Reform Act
Section 202 of the Unfunded Mandates Reform Act of 1995 requires
that an agency prepare a budgetary impact statement before promulgating
any rule likely to result in a Federal mandate that may result in the
expenditure by state, local, and tribal governments, in the aggregate,
or by the private sector, of $100 million or more in any one year,
adjusted for inflation.\5\ Because this final rule removes inoperative
and superseded regulations, the Department of the Treasury has
determined that there is no Federal mandate imposed by this rulemaking.
---------------------------------------------------------------------------
\5\ Public Law 104-4 (2 U.S.C. 1532).
---------------------------------------------------------------------------
Executive Order 12866
This rule is not a significant regulatory action under Executive
Order 12866, Regulatory Planning and Review.
12 CFR Chapter V [Removed]
0
For the reasons set forth in the preamble and pursuant to titles III
and X of the Dodd-Frank Act, amend title 12 of the Code of Federal
Regulations by removing chapter V.
Dated: October 4, 2017.
Kody H. Kinsley,
Assistant Secretary for Management.
[FR Doc. 2017-21904 Filed 10-10-17; 8:45 am]
BILLING CODE 4810-25-P