Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 49207-49208 [2017-23003]
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asabaliauskas on DSKBBXCHB2PROD with NOTICES
Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices
approve of and assign OMB control
numbers to collection of information
requests and requirements conducted or
sponsored by the Board. Boardapproved collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
Paperwork Reduction Act Submission,
supporting statements and approved
collection of information instrument(s)
are placed into OMB’s public docket
files. The Federal Reserve may not
conduct or sponsor, and the respondent
is not required to respond to, an
information collection that has been
extended, revised, or implemented on or
after October 1, 1995, unless it displays
a currently valid OMB control number.
FOR FURTHER INFORMATION CONTACT:
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.
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.
Final approval under OMB delegated
authority of the implementation of the
following report:
Report title: Survey of Household
Economics and Decisionmaking.
Agency form number: FR 3077.
OMB control number: 7100–NEW.
Frequency: Quantitative Survey,
annually; Qualitative Survey,
occasionally.
Respondents: Consumers.
Estimated number of respondents:
Quantitative Survey, 17,000
respondents; Qualitative Survey, 30
respondents.
Estimated average hours per response:
Quantitative Survey, 0.47 hours;
Qualitative Survey, 2 hours.
Estimated annual burden hours:
Quantitative Survey, 7,990 hours;
Qualitative Survey, 180 hours.
General description of report: The
information collected could be used for
the Board’s Report on the Economic
Well-Being of U.S. Households, for
Board studies or working papers,
professional journals, the Federal
Reserve Bulletin, testimony and reports
to the Congress, or other vehicles. Such
event-driven consumer data collections
could also be used to inform Board
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17:47 Oct 23, 2017
Jkt 244001
policy, regulatory, supervisory and
operational decisions.
The Board anticipates that the SHED
would include such topics as
individuals’ overall financial wellbeing, employment experiences, income
and savings behaviors, economic
preparedness, access to banking and
credit, housing and living arrangement
decisions, education and human capital,
student loans, and retirement planning.
The overall content of the SHED
instrument would depend on changing
economic, regulatory, or legislative
developments as well as changes in the
financial services industry.
Legal authorization and
confidentiality: The Board’s Legal
Division has determined that Section 2A
of the Federal Reserve Act (FRA)
requires that the Federal Reserve Board
and the Federal Open Market
Committee maintain long run growth of
the monetary and credit aggregates
commensurate with the economy’s long
run potential to increase production, so
as to promote effectively the goals of
maximum employment, stable prices,
and moderate long-term interest rates
(12 U.S.C. 225a). Under section 12A of
the FRA, the Federal Open Market
Committee is required to implement
regulations relating to the open market
operations conducted by Federal
Reserve Banks with a view to
accommodating commerce and business
and with regard to their bearing upon
the general credit situation of the
country (12 U.S.C. 263). Because the
Board and the Federal Open Market
Committee use the information obtained
on the FR 3077 to fulfill these
obligations, these statutory provisions
provide the legal authorization for the
collection of information on the FR
3077. The FR 3077 is a voluntary
survey.
The ability of the Board to maintain
the confidentiality of information
provided by respondents to the FR 3077
will have to be determined on a case-bycase basis depending on the type of
information provided for a particular
survey. To the extent that a respondent’s
answers reveal information ‘‘the
disclosure of which would constitute a
clearly unwarranted invasion of
personal privacy,’’ such information
would likely be exempt from disclosure
under exemption 6 of the Freedom of
Information Act, 5 U.S.C. 552(b)(6).
Current actions: On August 9, 2017,
the Board published an initial notice in
the Federal Register (82 FR 37227)
requesting public comment for 60 days
on the implementation of the FR 3077.
The comment period for this notice
expired on October 10, 2017. The Board
did not receive any comments. The
PO 00000
Frm 00036
Fmt 4703
Sfmt 4703
49207
survey will be implemented as
proposed.
Board of Governors of the Federal Reserve
System, October 19, 2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017–22996 Filed 10–23–17; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend for three
years, without revision, the Government
Securities Dealers Reports (FR 2004;
OMB No. 7100–0003) and a proposal to
extend for three years, with revision, the
voluntary Weekly Report of Selected
Assets and Liabilities of Domestically
Chartered Commercial Banks and U.S.
Branches and Agencies of Foreign Banks
(FR 2644; OMB No. 7100–0075). The FR
2644 revisions are effective as of January
3, 2018.
On June 15, 1984, the Office of
Management and Budget (OMB)
delegated to the Board authority under
the Paperwork Reduction Act (PRA) to
approve of and assign OMB control
numbers to collection of information
requests and requirements conducted or
sponsored by the Board. Boardapproved collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
Paperwork Reduction Act Submission,
supporting statements and approved
collection of information instrument(s)
are placed into OMB’s public docket
files. The Federal Reserve may not
conduct or sponsor, and the respondent
is not required to respond to, an
information collection that has been
extended, revised, or implemented on or
after October 1, 1995, unless it displays
a currently valid OMB control number.
FOR FURTHER INFORMATION CONTACT:
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.
OMB Desk Officer—Shagufta
Ahmed—Office of Information and
AGENCY:
E:\FR\FM\24OCN1.SGM
24OCN1
asabaliauskas on DSKBBXCHB2PROD with NOTICES
49208
Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices
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.
Final approval under OMB delegated
authority of the extension for three
years, without revision, of the following
report:
Report title: The Government
Securities Dealers Reports: Weekly
Report of Dealer Positions (FR 2004A),
Weekly Report of Cumulative Dealer
Transactions (FR 2004B), Weekly Report
of Dealer Financing and Fails (FR
2004C), Weekly Report of Specific
Issues (FR 2004SI), Daily Report of
Specific Issues (FR 2004SD),
Supplement to the Daily Report of
Specific Issues (FR 2004SD ad hoc),
Daily Report of Dealer Activity in
Treasury Financing (FR 2004WI),
Settlement Cycle Report of Dealer Fails
and Transaction Volumes: Class A (FR
2004FA), Settlement Cycle Report of
Dealer Fails and Transaction Volumes:
Class B (FR 2004FB), Settlement Cycle
Report of Dealer Fails and Transaction
Volumes: Class C (FR 2004FC), and
Settlement Cycle Report of Dealer Fails
and Transaction Volumes (FR 2004FM).
Agency form number: FR 2004.
OMB control number: 7100–0003.
Frequency: Weekly, daily, monthly.
Respondents: Dealers in the U.S.
government securities market.
Estimated number of respondents: 23.
Estimated average hours per response:
FR 2004A, 3.0 hours; FR 2004B, 3.7
hours; FR 2004C, 3.1 hours; FR 2004SI,
2.2 hours; FR 2004SD, 2.2 hours; FR
2004SD ad hoc, 2.0 hours; FR 2004WI,
1.0 hour; FR 2004FA, 1.0 hour; FR
2004FB, 1.0 hour; FR 2004FC, 1.0 hour;
FR 2004FM, 1.5 hours.
Estimated annual burden hours: FR
2004A, 3,588 hours; FR 2004B, 4,425
hours; FR 2004C, 3,708 hours; FR
2004SI, 2,631 hours; FR 2004SD, 1,265
hours; FR 2004SD ad hoc, 1,196 hours;
FR 2004WI, 3,680 hours; FR 2004FA,
276 hours; FR 2004FB, 276 hours; FR
2004FC, 276 hours; FR 2004FM, 414
hours.
General description of report: The
Federal Reserve Bank of New York, on
behalf of the Federal Reserve System,
collects data from primary dealers in the
U.S. government securities market.
Filing of these data is required to obtain
the benefit of primary dealer status. The
Federal Reserve uses these data to (1)
monitor the condition of the U.S.
government securities market in its
Treasury market surveillance and
analysis of the market and to (2) assist
and support the U.S. Department of the
Treasury in its role as fiscal agent for
Treasury financing operations. In
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17:47 Oct 23, 2017
Jkt 244001
addition, these data are helpful in the
analysis of broad financial conditions
and a range of financial stability issues.
Legal authorization and
confidentiality: This information
collection is authorized by sections 2A,
12A(c), 14, and 15 of the Federal
Reserve Act (12 U.S.C. 225a, 263c, 353–
359, and 391) and is required to obtain
or retain the benefit of dealer status.
Individual respondent data are regarded
as confidential under the Freedom of
Information Act (5 U.S.C. 552(b)(4) and
(b)(8)).
Current actions: On July 6, 2017, the
Board published a notice in the Federal
Register (82 FR 31327) requesting
public comment for 60 days on the
extension, without revision, of the FR
2004. The comment period for this
notice expired on September 5, 2017.
The Board did not receive any
comments. The information collection
will be extended as proposed.
Final approval under OMB delegated
authority of the extension for three
years, with revision, of the following
report:
Report title: Weekly Report of
Selected Assets and Liabilities of
Domestically Chartered Commercial
Banks and U.S. Branches and Agencies
of Foreign Banks.
Agency form number: FR 2644.
OMB control number: 7100–0075.
Effective Date: January 3, 2018.
Frequency: Weekly.
Respondents: Domestically chartered
commercial banks and U.S. branches
and agencies of foreign banks.
Estimated number of respondents:
875.
Estimated average hours per response:
2.35 hours.
Estimated annual burden hours:
106,925 hours.
General description of report: The FR
2644 is a balance sheet report that is
collected as of each Wednesday from an
authorized stratified sample of 875
domestically chartered commercial
banks and U.S. branches and agencies of
foreign banks. The FR 2644 is the only
source of high-frequency data used in
the analysis of current banking
developments. The FR 2644 collects
sample data that are used to estimate
universe levels using data from the
quarterly commercial bank Consolidated
Reports of Condition and Income (FFIEC
031, FFIEC 041, and FFIEC 051; OMB
No. 7100–0036) and the Report of Assets
and Liabilities of U.S. Branches and
Agencies of Foreign Banks (FFIEC 002;
OMB No. 7100–0032) (Call Reports).
Data from the FR 2644, together with
data from other sources, are used to
construct weekly estimates of bank
credit, balance sheet data for the U.S.
PO 00000
Frm 00037
Fmt 4703
Sfmt 4703
banking industry, sources and uses of
banks’ funds, and to analyze current
banking and monetary developments.
The Board publishes the data in
aggregate form in the weekly H.8
statistical release, Assets and Liabilities
of Commercial Banks in the United
States, which is followed closely by
other government agencies, the banking
industry, the financial press, and other
users. The H.8 release provides a
balance sheet for the banking industry
as a whole and data disaggregated by its
large domestic, small domestic, and
foreign-related bank components.
Legal authorization and
confidentiality: The FR 2644 is
authorized by section 2A and 11(a)(2) of
the Federal Reserve Act (12 U.S.C.
225(a) and 248(a)(2)) and by section
7(c)(2) of the International Banking Act
(12 U.S.C. 3105(c)(2)) and is voluntary.
Individual respondent data are regarded
as confidential under the Freedom of
Information Act (5 U.S.C. 552(b)(4)).
Current actions: On July 6, 2017, the
Board published a notice in the Federal
Register (82 FR 31327) requesting
public comment for 60 days on the
extension, with revision, of the FR 2466.
The Board proposed several revisions to
simplify and reduce the overall
reporting burden associated with the FR
2644 report. The proposed FR 2644
reporting form would consist of 29
balance-sheet items and 2 memoranda
items, an overall reduction of six data
items. The comment period for this
notice expired on September 5, 2017.
The Board did not receive any
comments. The revisions will be
implemented as proposed.
Board of Governors of the Federal Reserve
System, October 19, 2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017–23003 Filed 10–23–17; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
E:\FR\FM\24OCN1.SGM
24OCN1
]]>Agencies
[Federal Register Volume 82, Number 204 (Tuesday, October 24, 2017)]
[Notices]
[Pages 49207-49208]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-23003]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
is adopting a proposal to extend for three years, without revision, the
Government Securities Dealers Reports (FR 2004; OMB No. 7100-0003) and
a proposal to extend for three years, with revision, the voluntary
Weekly Report of Selected Assets and Liabilities of Domestically
Chartered Commercial Banks and U.S. Branches and Agencies of Foreign
Banks (FR 2644; OMB No. 7100-0075). The FR 2644 revisions are effective
as of January 3, 2018.
On June 15, 1984, the Office of Management and Budget (OMB)
delegated to the Board authority under the Paperwork Reduction Act
(PRA) to approve of and assign OMB control numbers to collection of
information requests and requirements conducted or sponsored by the
Board. Board-approved collections of information are incorporated into
the official OMB inventory of currently approved collections of
information. Copies of the Paperwork Reduction Act Submission,
supporting statements and approved collection of information
instrument(s) are placed into OMB's public docket files. The Federal
Reserve may not conduct or sponsor, and the respondent is not required
to respond to, an information collection that has been extended,
revised, or implemented on or after October 1, 1995, unless it displays
a currently valid OMB control number.
FOR FURTHER INFORMATION CONTACT:
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.
OMB Desk Officer--Shagufta Ahmed--Office of Information and
[[Page 49208]]
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.
Final approval under OMB delegated authority of the extension for
three years, without revision, of the following report:
Report title: The Government Securities Dealers Reports: Weekly
Report of Dealer Positions (FR 2004A), Weekly Report of Cumulative
Dealer Transactions (FR 2004B), Weekly Report of Dealer Financing and
Fails (FR 2004C), Weekly Report of Specific Issues (FR 2004SI), Daily
Report of Specific Issues (FR 2004SD), Supplement to the Daily Report
of Specific Issues (FR 2004SD ad hoc), Daily Report of Dealer Activity
in Treasury Financing (FR 2004WI), Settlement Cycle Report of Dealer
Fails and Transaction Volumes: Class A (FR 2004FA), Settlement Cycle
Report of Dealer Fails and Transaction Volumes: Class B (FR 2004FB),
Settlement Cycle Report of Dealer Fails and Transaction Volumes: Class
C (FR 2004FC), and Settlement Cycle Report of Dealer Fails and
Transaction Volumes (FR 2004FM).
Agency form number: FR 2004.
OMB control number: 7100-0003.
Frequency: Weekly, daily, monthly.
Respondents: Dealers in the U.S. government securities market.
Estimated number of respondents: 23.
Estimated average hours per response: FR 2004A, 3.0 hours; FR
2004B, 3.7 hours; FR 2004C, 3.1 hours; FR 2004SI, 2.2 hours; FR 2004SD,
2.2 hours; FR 2004SD ad hoc, 2.0 hours; FR 2004WI, 1.0 hour; FR 2004FA,
1.0 hour; FR 2004FB, 1.0 hour; FR 2004FC, 1.0 hour; FR 2004FM, 1.5
hours.
Estimated annual burden hours: FR 2004A, 3,588 hours; FR 2004B,
4,425 hours; FR 2004C, 3,708 hours; FR 2004SI, 2,631 hours; FR 2004SD,
1,265 hours; FR 2004SD ad hoc, 1,196 hours; FR 2004WI, 3,680 hours; FR
2004FA, 276 hours; FR 2004FB, 276 hours; FR 2004FC, 276 hours; FR
2004FM, 414 hours.
General description of report: The Federal Reserve Bank of New
York, on behalf of the Federal Reserve System, collects data from
primary dealers in the U.S. government securities market. Filing of
these data is required to obtain the benefit of primary dealer status.
The Federal Reserve uses these data to (1) monitor the condition of the
U.S. government securities market in its Treasury market surveillance
and analysis of the market and to (2) assist and support the U.S.
Department of the Treasury in its role as fiscal agent for Treasury
financing operations. In addition, these data are helpful in the
analysis of broad financial conditions and a range of financial
stability issues.
Legal authorization and confidentiality: This information
collection is authorized by sections 2A, 12A(c), 14, and 15 of the
Federal Reserve Act (12 U.S.C. 225a, 263c, 353-359, and 391) and is
required to obtain or retain the benefit of dealer status. Individual
respondent data are regarded as confidential under the Freedom of
Information Act (5 U.S.C. 552(b)(4) and (b)(8)).
Current actions: On July 6, 2017, the Board published a notice in
the Federal Register (82 FR 31327) requesting public comment for 60
days on the extension, without revision, of the FR 2004. The comment
period for this notice expired on September 5, 2017. The Board did not
receive any comments. The information collection will be extended as
proposed.
Final approval under OMB delegated authority of the extension for
three years, with revision, of the following report:
Report title: Weekly Report of Selected Assets and Liabilities of
Domestically Chartered Commercial Banks and U.S. Branches and Agencies
of Foreign Banks.
Agency form number: FR 2644.
OMB control number: 7100-0075.
Effective Date: January 3, 2018.
Frequency: Weekly.
Respondents: Domestically chartered commercial banks and U.S.
branches and agencies of foreign banks.
Estimated number of respondents: 875.
Estimated average hours per response: 2.35 hours.
Estimated annual burden hours: 106,925 hours.
General description of report: The FR 2644 is a balance sheet
report that is collected as of each Wednesday from an authorized
stratified sample of 875 domestically chartered commercial banks and
U.S. branches and agencies of foreign banks. The FR 2644 is the only
source of high-frequency data used in the analysis of current banking
developments. The FR 2644 collects sample data that are used to
estimate universe levels using data from the quarterly commercial bank
Consolidated Reports of Condition and Income (FFIEC 031, FFIEC 041, and
FFIEC 051; OMB No. 7100-0036) and the Report of Assets and Liabilities
of U.S. Branches and Agencies of Foreign Banks (FFIEC 002; OMB No.
7100-0032) (Call Reports). Data from the FR 2644, together with data
from other sources, are used to construct weekly estimates of bank
credit, balance sheet data for the U.S. banking industry, sources and
uses of banks' funds, and to analyze current banking and monetary
developments. The Board publishes the data in aggregate form in the
weekly H.8 statistical release, Assets and Liabilities of Commercial
Banks in the United States, which is followed closely by other
government agencies, the banking industry, the financial press, and
other users. The H.8 release provides a balance sheet for the banking
industry as a whole and data disaggregated by its large domestic, small
domestic, and foreign-related bank components.
Legal authorization and confidentiality: The FR 2644 is authorized
by section 2A and 11(a)(2) of the Federal Reserve Act (12 U.S.C. 225(a)
and 248(a)(2)) and by section 7(c)(2) of the International Banking Act
(12 U.S.C. 3105(c)(2)) and is voluntary. Individual respondent data are
regarded as confidential under the Freedom of Information Act (5 U.S.C.
552(b)(4)).
Current actions: On July 6, 2017, the Board published a notice in
the Federal Register (82 FR 31327) requesting public comment for 60
days on the extension, with revision, of the FR 2466. The Board
proposed several revisions to simplify and reduce the overall reporting
burden associated with the FR 2644 report. The proposed FR 2644
reporting form would consist of 29 balance-sheet items and 2 memoranda
items, an overall reduction of six data items. The comment period for
this notice expired on September 5, 2017. The Board did not receive any
comments. The revisions will be implemented as proposed.
Board of Governors of the Federal Reserve System, October 19,
2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-23003 Filed 10-23-17; 8:45 am]
BILLING CODE 6210-01-P
