Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Reporting and Recordkeeping Requirements Associated With Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring, 49077-49078 [2017-22927]
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Federal Register / Vol. 82, No. 203 / Monday, October 23, 2017 / Notices
DEPARTMENT OF TRANSPORTATION
Maritime Administration
[Docket No. MARAD–2017–0174]
Requested Administrative Waiver of
the Coastwise Trade Laws: Vessel
FEATHER; Invitation for Public
Comments
Maritime Administration, DOT.
Notice.
AGENCY:
ACTION:
The Secretary of
Transportation, as represented by the
Maritime Administration (MARAD), is
authorized to grant waivers of the U.S.build requirement of the coastwise laws
under certain circumstances. A request
for such a waiver has been received by
MARAD. The vessel, and a brief
description of the proposed service, is
listed below.
DATES: Submit comments on or before
November 22, 2017.
ADDRESSES: Comments should refer to
docket number MARAD–2017–0174.
Written comments may be submitted by
hand or by mail to the Docket Clerk,
U.S. Department of Transportation,
Docket Operations, M–30, West
Building Ground Floor, Room W12–140,
1200 New Jersey Avenue SE.,
Washington, DC 20590. You may also
send comments electronically via the
Internet at https://www.regulations.gov.
All comments will become part of this
docket and will be available for
inspection and copying at the above
address between 10:00 a.m. and 5:00
p.m., Monday through Friday, except
federal holidays. An electronic version
of this document and all documents
entered into this docket is available at
https://www.regulations.gov.
FOR FURTHER INFORMATION CONTACT:
Bianca Carr, U.S. Department of
Transportation, Maritime
Administration, 1200 New Jersey
Avenue SE., Room W23–453,
Washington, DC 20590. Telephone 202–
366–9309, Email Bianca.carr@dot.gov.
SUPPLEMENTARY INFORMATION: As
described by the applicant the intended
service of the vessel FEATHER is:
—Intended Commercial Use of Vessel:
‘‘Local Charters in San Diego Bay and
surrounding waters’’
—Geographic Region: ‘‘California,
Oregon, Washington State’’
The complete application is given in
DOT docket MARAD–2017–0174 at
https://www.regulations.gov. Interested
parties may comment on the effect this
action may have on U.S. vessel builders
or businesses in the U.S. that use U.S.flag vessels. If MARAD determines, in
accordance with 46 U.S.C. 12121 and
ethrower on DSK3G9T082PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
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MARAD’s regulations at 46 CFR part
388, that the issuance of the waiver will
have an unduly adverse effect on a U.S.vessel builder or a business that uses
U.S.-flag vessels in that business, a
waiver will not be granted. Comments
should refer to the docket number of
this notice and the vessel name in order
for MARAD to properly consider the
comments. Comments should also state
the commenter’s interest in the waiver
application, and address the waiver
criteria given in § 388.4 of MARAD’s
regulations at 46 CFR part 388.
Privacy Act
In accordance with 5 U.S.C. 553(c),
DOT/MARAD solicits comments from
the public to better inform its
rulemaking process. DOT/MARAD posts
these comments, without edit, to
www.regulations.gov, as described in
the system of records notice, DOT/ALL–
14 FDMS, accessible through
www.dot.gov/privacy. In order to
facilitate comment tracking and
response, we encourage commenters to
provide their name, or the name of their
organization; however, submission of
names is completely optional. Whether
or not commenters identify themselves,
all timely comments will be fully
considered. If you wish to provide
comments containing proprietary or
confidential information, please contact
the agency for alternate submission
instructions.
(Authority: 49 CFR 1.93(a), 46 U.S.C. 55103,
46 U.S.C. 12121)
*
*
*
*
*
By Order of the Maritime Administrator.
Dated: October 17, 2017.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
[FR Doc. 2017–22860 Filed 10–20–17; 8:45 am]
BILLING CODE 4910–81–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Reporting and Recordkeeping
Requirements Associated With
Liquidity Coverage Ratio: Liquidity
Risk Measurement, Standards, and
Monitoring
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
SUMMARY:
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Fmt 4703
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49077
and respondent burden, invites the
general public and other federal
agencies to take this opportunity to
comment on a continuing information
collection as required by the Paperwork
Reduction Act of 1995 (PRA).
In accordance with the requirements
of the PRA, the OCC may not conduct
or sponsor, and the 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 ‘‘Reporting
and Recordkeeping Requirements
Associated with Liquidity Coverage
Ratio: Liquidity Risk Measurement,
Standards, and Monitoring.’’ The OCC
also is giving notice that it has sent the
collection to OMB for review.
DATES: You should submit written
comments by November 22, 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:
1557–0323, 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 hearing impaired, 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.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0323, U.S. Office of
Management and Budget, 725 17th
Street NW., #10235, Washington, DC
20503 or by email to oira submission@
omb.eop.gov.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, OCC Clearance
Officer, (202) 649–5490 or, for persons
E:\FR\FM\23OCN1.SGM
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ethrower on DSK3G9T082PROD with NOTICES
49078
Federal Register / Vol. 82, No. 203 / Monday, October 23, 2017 / Notices
who are deaf or hearing impaired, 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
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. The OCC is
requesting that OMB extend its approval
of the following information collection.
Title: Reporting and Recordkeeping
Requirements Associated with Liquidity
Coverage Ratio: Liquidity Risk
Measurement, Standards, and
Monitoring.
OMB Control No.: 1557–0323.
Affected Public: Business or other forprofit.
Type of Review: Regular review.
Abstract: The quantitative liquidity
requirement (12 CFR part 50) is
designed to promote improvements in
the measurement and management of
liquidity risk.
The rule applies to large and
internationally active banking
organizations—generally, bank holding
companies, certain savings and loan
holding companies, and depository
institutions with $250 billion or more in
total assets or $10 billion or more in onbalance sheet foreign exposure—and to
their consolidated subsidiaries that are
depository institutions with $10 billion
or more in total consolidated assets.
Section 50.22 requires that, with
respect to each asset eligible for
inclusion in a national bank or federal
savings association’s (FSA’s) highquality liquid assets (HQLA) amount,
the national bank or FSA must
implement policies that require eligible
HQLA to be under the control of the
management function in the national
bank or FSA responsible for managing
liquidity risk. The management function
must evidence its control over the
HQLA by segregating the HQLA from
other assets, with the sole intent to use
the HQLA as a source of liquidity, or
demonstrating the ability to monetize
the assets and making the proceeds
available to the liquidity management
function without conflicting with a
business or risk management strategy of
the national bank or FSA. In addition,
§ 50.22 requires that a national bank or
FSA have a documented methodology
that results in a consistent treatment for
determining that the national bank or
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Jkt 244001
FSA’s eligible HQLA meet the
requirements of § 50.22.
Section 50.40 requires that a national
bank or FSA notify its appropriate
federal banking agency on any day
when its liquidity coverage ratio is
calculated to be less than the minimum
requirement in § 50.10. If a national
bank or FSA’s liquidity coverage ratio is
below the minimum requirement in
§ 50.10 for three consecutive days, or if
the OCC has determined that the
institution is otherwise materially
noncompliant, the national bank or FSA
must promptly provide a plan for
achieving compliance with the
minimum liquidity requirement in
§ 50.10 and all other requirements of
§ 50.40 to the OCC.
The liquidity plan must include, as
applicable: (1) An assessment of the
national bank or FSA ’s liquidity
position; (2) the actions the national
bank or FSA has taken and will take to
achieve full compliance, including a
plan for adjusting the national bank or
FSA’s risk profile, risk management,
and funding sources in order to achieve
full compliance and a plan for
remediating any operational or
management issues that contributed to
noncompliance; (3) an estimated time
frame for achieving full compliance; and
(4) a commitment to provide a progress
report to the OCC at least weekly until
full compliance is achieved.
Frequency of Response: Annual and
event generated.
Affected Public: Covered national
banks and FSAs.
Estimated Number of Respondents:
19.
Estimated Total Annual Burden:
2,361 hours.
The OCC issued a notice for 60 days
of comment regarding this collection on
July 19, 2017, 82 FR 33202. No
comments were received. Comments
continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the information collection
burden;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
PO 00000
Frm 00108
Fmt 4703
Sfmt 4703
Dated: October 17, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2017–22927 Filed 10–20–17; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF VETERANS
AFFAIRS
Advisory Committee on Cemeteries
and Memorials, Amended Notice of
Meeting
The Department of Veterans Affairs
(VA) gives notice under the Federal
Advisory Committee Act that a meeting
of the Advisory Committee on
Cemeteries and Memorials will be held
on October 31–November 1, 2017. The
meeting sessions will take place at the
Jefferson Barracks Medical Center, 1
Jefferson Barracks Drive, Building 56,
St. Louis, MO 63125. Sessions are open
to the public, except when the
Committee is conducting tours of VA
facilities, participating in off-site events,
and participating in workgroup
sessions. Tours of VA facilities are
closed, to protect from disclosure
Veterans’ information the disclosure of
which would constitute a clearly
unwarranted invasion of personal
privacy.
The purpose of the Committee is to
advise the Secretary of Veterans Affairs
on the administration of national
cemeteries, soldiers’ lots and plots, the
selection of new national cemetery sites,
the erection of appropriate memorials,
and the adequacy of Federal burial
benefits. The Committee will make
recommendations to the Secretary
regarding such activities.
On the morning of Tuesday, October
31st, the Committee will convene with
an open session at the Jefferson Barracks
Medical Center, 1 Jefferson Barracks
Drive, Building 56, St. Louis, MO 63125,
from 8:30 a.m. to 12:00 p.m. central
time. The agenda will include briefings
on NCA Modernization efforts and
Committee recommendations. In the
afternoon, from 1:00 p.m. to 4:00 p.m.,
central time, the Committee will
reconvene a closed session, as it tours
the NCA National Training Center colocated at the meeting site and Jefferson
Barracks National Cemetery at 2900
Sheridan Road, St. Louis, MO 63125.
On November 1st, the meeting will
convene an open session at the Jefferson
Barracks Medical Center, 1 Jefferson
Barracks Drive, Building 56, St. Louis,
MO 63125, from 8:30 a.m.–4:00 p.m.
central time. The agenda will include a
continuation of briefings on Committee
E:\FR\FM\23OCN1.SGM
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Agencies
[Federal Register Volume 82, Number 203 (Monday, October 23, 2017)]
[Notices]
[Pages 49077-49078]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-22927]
=======================================================================
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Reporting and Recordkeeping
Requirements Associated With Liquidity Coverage Ratio: Liquidity Risk
Measurement, Standards, and Monitoring
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, 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 a continuing
information collection as required by the Paperwork Reduction Act of
1995 (PRA).
In accordance with the requirements of the PRA, the OCC may not
conduct or sponsor, and the 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 ``Reporting and Recordkeeping
Requirements Associated with Liquidity Coverage Ratio: Liquidity Risk
Measurement, Standards, and Monitoring.'' The OCC also is giving notice
that it has sent the collection to OMB for review.
DATES: You should submit written comments by November 22, 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: 1557-0323, 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 [email protected]. 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 hearing impaired, 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.
Additionally, please send a copy of your comments by mail to: OCC
Desk Officer, 1557-0323, U.S. Office of Management and Budget, 725 17th
Street NW., #10235, Washington, DC 20503 or by email to oira
[email protected].
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance
Officer, (202) 649-5490 or, for persons
[[Page 49078]]
who are deaf or hearing impaired, 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 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. The OCC is
requesting that OMB extend its approval of the following information
collection.
Title: Reporting and Recordkeeping Requirements Associated with
Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and
Monitoring.
OMB Control No.: 1557-0323.
Affected Public: Business or other for-profit.
Type of Review: Regular review.
Abstract: The quantitative liquidity requirement (12 CFR part 50)
is designed to promote improvements in the measurement and management
of liquidity risk.
The rule applies to large and internationally active banking
organizations--generally, bank holding companies, certain savings and
loan holding companies, and depository institutions with $250 billion
or more in total assets or $10 billion or more in on-balance sheet
foreign exposure--and to their consolidated subsidiaries that are
depository institutions with $10 billion or more in total consolidated
assets.
Section 50.22 requires that, with respect to each asset eligible
for inclusion in a national bank or federal savings association's
(FSA's) high-quality liquid assets (HQLA) amount, the national bank or
FSA must implement policies that require eligible HQLA to be under the
control of the management function in the national bank or FSA
responsible for managing liquidity risk. The management function must
evidence its control over the HQLA by segregating the HQLA from other
assets, with the sole intent to use the HQLA as a source of liquidity,
or demonstrating the ability to monetize the assets and making the
proceeds available to the liquidity management function without
conflicting with a business or risk management strategy of the national
bank or FSA. In addition, Sec. 50.22 requires that a national bank or
FSA have a documented methodology that results in a consistent
treatment for determining that the national bank or FSA's eligible HQLA
meet the requirements of Sec. 50.22.
Section 50.40 requires that a national bank or FSA notify its
appropriate federal banking agency on any day when its liquidity
coverage ratio is calculated to be less than the minimum requirement in
Sec. 50.10. If a national bank or FSA's liquidity coverage ratio is
below the minimum requirement in Sec. 50.10 for three consecutive
days, or if the OCC has determined that the institution is otherwise
materially noncompliant, the national bank or FSA must promptly provide
a plan for achieving compliance with the minimum liquidity requirement
in Sec. 50.10 and all other requirements of Sec. 50.40 to the OCC.
The liquidity plan must include, as applicable: (1) An assessment
of the national bank or FSA 's liquidity position; (2) the actions the
national bank or FSA has taken and will take to achieve full
compliance, including a plan for adjusting the national bank or FSA's
risk profile, risk management, and funding sources in order to achieve
full compliance and a plan for remediating any operational or
management issues that contributed to noncompliance; (3) an estimated
time frame for achieving full compliance; and (4) a commitment to
provide a progress report to the OCC at least weekly until full
compliance is achieved.
Frequency of Response: Annual and event generated.
Affected Public: Covered national banks and FSAs.
Estimated Number of Respondents: 19.
Estimated Total Annual Burden: 2,361 hours.
The OCC issued a notice for 60 days of comment regarding this
collection on July 19, 2017, 82 FR 33202. No comments were received.
Comments continue to be invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the information
collection burden;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: October 17, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2017-22927 Filed 10-20-17; 8:45 am]
BILLING CODE 4810-33-P