Agency Information Collection Activities: Proposed Collection Renewals; Comment Request, 61758-61759 [2017-28138]

Download as PDF 61758 Federal Register / Vol. 82, No. 249 / Friday, December 29, 2017 / Notices Dated: December 22, 2017. Kelly Knight, Director, NEPA Compliance Division, Office of Federal Activities. [FR Doc. 2017–28116 Filed 12–28–17; 8:45 am] BILLING CODE 6560–50–P FEDERAL DEPOSIT INSURANCE CORPORATION Notice to All Interested Parties of Intent To Terminate the Receivership of 10191, Bank of Illinois, Normal, Illinois Notice is hereby given that the Federal Deposit Insurance Corporation (FDIC or Receiver) as Receiver for Bank of Illinois, Normal, Illinois, intends to terminate its receivership for said institution. The FDIC was appointed Receiver of Bank of Illinois on March 5, 2010. The liquidation of the receivership assets has been completed. To the extent permitted by available funds and in accordance with law, the receiver will be making a final dividend payment to proven creditors. Based upon the foregoing, the Receiver has determined that the continued existence of the receivership will serve no useful purpose. Consequently, notice is given that the receivership shall be terminated, to be effective no sooner than thirty days after the date of this notice. If any person wishes to comment concerning the termination of the receivership, such comment must be made in writing and sent within thirty days of the date of this notice to: Federal Deposit Insurance Corporation, Division of Resolutions and Receiverships, Attention: Receivership Oversight Department 34.6, 1601 Bryan Street, Dallas, TX 75201. No comments concerning the termination of this receivership will be considered which are not sent within this time frame. Comments must be submitted on or before February 27, 2018. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods: • http://www.FDIC.gov/regulations/ laws/federal/notices.html. • Email: comments@fdic.gov. Include the name and number of the collection in the subject line of the message. • Mail: Jennifer Jones (202–898– 6768), Counsel, MB–3105, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. • Hand Delivery: Comments may be hand-delivered to the guard station at the rear of the 17th Street Building (located on F Street), on business days between 7:00 a.m. and 5:00 p.m. All comments should refer to the relevant OMB control number. A copy of the comments may also be submitted to the OMB desk officer for the FDIC: Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Jennifer Jones (202–898–6768), at the FDIC address above. SUPPLEMENTARY INFORMATION: Proposal to renew the following currently approved collections of information: 1. Title: Prompt Corrective Action. OMB Number: 3064–0115. Form Number: None. Affected Public: State non-member banks and savings associations. Burden Estimate: DATES: Dated: December 26, 2017. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2017–28142 Filed 12–28–17; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION [OMB Nos. 3064–0115 and 3064–0197] Agency Information Collection Activities: Proposed Collection Renewals; Comment Request Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: The FDIC, 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 the renewal of the existing information collections, as required by the Paperwork Reduction Act of 1995 (PRA). Currently, the FDIC is soliciting comment on renewal of the information collections described below. SUMMARY: SUMMARY OF ANNUAL BURDEN Estimated number of respondents Estimated frequency of responses Prompt Corrective Action (12 CFR parts 303, 324, and 390). Reporting ........... Voluntary ............ 17 1 4 On Occasion ...... 68 Total Hourly Burden .................. ethrower on DSK3G9T082PROD with NOTICES Obligation to respond ............................ ............................ ........................ ........................ ........................ ............................ 68 General Description of Collection: Sec. 38 of the FDI Act requires or permits the FDIC to take certain supervisory actions when institutions fall within certain categories. The collection consists of applications to engage in otherwise restricted activities. The Prompt Corrective Action (PCA) provisions of section 38 of the Federal Deposit Insurance Act require or permit the FDIC and other federal banking agencies to take certain supervisory actions when FDIC-insured institutions fall within certain capital categories. They also restrict or prohibit certain VerDate Sep<11>2014 20:09 Dec 28, 2017 Jkt 244001 activities and require the submission of a capital restoration plan when an insured institution becomes undercapitalized. Various provisions of the statute and the FDIC’s implementing regulations require the prior approval of the FDIC before an FDIC-supervised institution, or certain insured depository institutions, can engage in certain activities, or allow the FDIC to make exceptions to restrictions that would otherwise be imposed. This collection of information consists of the applications that are required to obtain the FDIC’s prior approval. PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 Estimated time per response Frequency of response Total annual estimated burden Type of burden There is no change in the method or substance of the collection. The overall reduction in burden hours is the result of economic fluctuation. In particular, the number of respondents has decreased while the hours per response and frequency of responses have remained the same. 2. Title: Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring (LCR). OMB Number: 3064–0197. Form Number: None. Affected Public: State savings associations and State nonmember banks that (i) have total consolidated E:\FR\FM\29DEN1.SGM 29DEN1 Federal Register / Vol. 82, No. 249 / Friday, December 29, 2017 / Notices assets equal to $250 billion or more; (ii) have total consolidated on-balance sheet foreign exposure equal to $10 billion or more; or (iii) have total consolidated assets equal to $10 billion or more and are a consolidated subsidiary of one of the following: (A) a covered depository 61759 more; or (C) a company that has been designated by the Financial Stability Oversight Council for supervision by the Federal Reserve Board. Burden Estimate: institution holding company or depository institution that has total assets equal to $250 billion or more; (B) a covered depository institution holding company or depository institution that has total consolidated on-balance sheet foreign exposure equal to $10 billion or SUMMARY OF ANNUAL BURDEN Obligation to respond Estimated number of respondents Estimated frequency of responses Estimated time per response Frequency of response Total annual estimated burden Liquidity Coverage Ratio (LCR)—12 CFR 329.40(a), (b). § 329.40(a) Notification that liquidity coverage ratio is less than minimum in § 329.10. § 329.40(b) Notification that liquidity coverage ratio is less than minimum in § 329.10 for 3 consecutive days or otherwise noncompliant. § 329.40(b) Plan for achieving compliance. § 329.40(b)(4) Weekly report of progress toward achieving compliance. Liquidity Coverage Ratio (LCR)—12 CFR 329.22(a)(2), (5). § 329.22(a)(2) Policies that require eligible HQLA to be under control of liquidity risk management function. § 329.22(a)(5) Documented methodology providing consistent treatment for determining whether eligible HQLA meets operational requirements. Reporting ........... Mandatory .......... ........................ ........................ ........................ ............................ ........................ Reporting ........... Mandatory .......... 2 12 0.25 On Occasion ...... 6.00 Reporting ........... Mandatory .......... 2 1 0.25 On Occasion ...... 0.50 Recordkeeping ... Mandatory .......... 2 1 100.00 On Occasion ...... 200.00 Reporting ........... Mandatory .......... 2 4 0.25 On Occasion ...... 2.00 Recordkeeping ... Mandatory .......... ........................ ........................ ........................ ............................ ........................ Recordkeeping ... Mandatory .......... 2 1 10.00 On Occasion ...... 20.00 Recordkeeping ... Mandatory .......... 2 1 10.00 On Occasion ...... 20.00 Total Hourly Burden .................. ethrower on DSK3G9T082PROD with NOTICES Type of burden ............................ ............................ ........................ ........................ ........................ ............................ 248.50 General Description of Collection: The LCR rule implements a quantitative liquidity requirement and contains requirements subject to the PRA. The reporting and recordkeeping requirements are found in Sections 329.22 and 329.40. The requirement is designed to promote the short-term resilience of the liquidity risk profile of large and internationally active banking organizations, thereby improving the banking sector’s ability to absorb shocks arising from financial and economic stress, and to further improve the measurement and management of liquidity risk. The LCR rule establishes a quantitative minimum liquidity coverage ratio that requires a company subject to the rule to maintain an amount of high-quality liquid assets (the numerator of the ratio) that is no less than 100 percent of its total net cash outflows over a prospective 30 calendarday period (the denominator of the ratio). The FDIC has reviewed its previous PRA submission and has updated its methodology for calculating the burden in order to be consistent with the Office of the Controller of the Currency and the Federal Reserve Board. The overall VerDate Sep<11>2014 20:09 Dec 28, 2017 Jkt 244001 increase in burden hours is the result of these changes. Request for Comment Comments are invited on: (a) Whether the collections of information are necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collections, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collections of information on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Dated at Washington, DC, on December 22, 2017. Federal Deposit Insurance Corporation. Valerie J. Best, Assistant Executive Secretary. [FR Doc. 2017–28138 Filed 12–28–17; 8:45 am] BILLING CODE 6714–01–P PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 FEDERAL TRADE COMMISSION [File No. 171 0140] Becton, Dickinson and Company and C. R. Bard; 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 orders—embodied in the consent agreement—that would settle these allegations. DATES: Comments must be received on or before January 23, 2018. 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 Becton Dickinson and Co./Bard, Inc., File No. 171 0140’’ on your comment, and file your comment online at https:// ftcpublic.commentworks.com/ftc/ SUMMARY: E:\FR\FM\29DEN1.SGM 29DEN1

Agencies

[Federal Register Volume 82, Number 249 (Friday, December 29, 2017)]
[Notices]
[Pages 61758-61759]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-28138]


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FEDERAL DEPOSIT INSURANCE CORPORATION

[OMB Nos. 3064-0115 and 3064-0197]


Agency Information Collection Activities: Proposed Collection 
Renewals; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

SUMMARY: The FDIC, 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 the renewal of the 
existing information collections, as required by the Paperwork 
Reduction Act of 1995 (PRA). Currently, the FDIC is soliciting comment 
on renewal of the information collections described below.

DATES: Comments must be submitted on or before February 27, 2018.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html.
     Email: [email protected]. Include the name and number of 
the collection in the subject line of the message.
     Mail: Jennifer Jones (202-898-6768), Counsel, MB-3105, 
Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, 
DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. A copy of 
the comments may also be submitted to the OMB desk officer for the 
FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Jennifer Jones (202-898-6768), at the 
FDIC address above.

SUPPLEMENTARY INFORMATION: 
    Proposal to renew the following currently approved collections of 
information:
    1. Title: Prompt Corrective Action.
    OMB Number: 3064-0115.
    Form Number: None.
    Affected Public: State non-member banks and savings associations.
    Burden Estimate:

                                                                Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                          Estimated       Estimated                                        Total annual
                                   Type of burden     Obligation to       number of     frequency of   Estimated time     Frequency of       estimated
                                                         respond         respondents      responses     per response        response          burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Prompt Corrective Action (12     Reporting........  Voluntary........              17               1               4  On Occasion......              68
 CFR parts 303, 324, and 390).
                                                                      ----------------------------------------------------------------------------------
    Total Hourly Burden........  .................  .................  ..............  ..............  ..............  .................              68
--------------------------------------------------------------------------------------------------------------------------------------------------------

    General Description of Collection: Sec. 38 of the FDI Act requires 
or permits the FDIC to take certain supervisory actions when 
institutions fall within certain categories. The collection consists of 
applications to engage in otherwise restricted activities. The Prompt 
Corrective Action (PCA) provisions of section 38 of the Federal Deposit 
Insurance Act require or permit the FDIC and other federal banking 
agencies to take certain supervisory actions when FDIC-insured 
institutions fall within certain capital categories. They also restrict 
or prohibit certain activities and require the submission of a capital 
restoration plan when an insured institution becomes undercapitalized. 
Various provisions of the statute and the FDIC's implementing 
regulations require the prior approval of the FDIC before an FDIC-
supervised institution, or certain insured depository institutions, can 
engage in certain activities, or allow the FDIC to make exceptions to 
restrictions that would otherwise be imposed. This collection of 
information consists of the applications that are required to obtain 
the FDIC's prior approval.
    There is no change in the method or substance of the collection. 
The overall reduction in burden hours is the result of economic 
fluctuation. In particular, the number of respondents has decreased 
while the hours per response and frequency of responses have remained 
the same.
    2. Title: Liquidity Coverage Ratio: Liquidity Risk Measurement, 
Standards, and Monitoring (LCR).
    OMB Number: 3064-0197.
    Form Number: None.
    Affected Public: State savings associations and State nonmember 
banks that (i) have total consolidated

[[Page 61759]]

assets equal to $250 billion or more; (ii) have total consolidated on-
balance sheet foreign exposure equal to $10 billion or more; or (iii) 
have total consolidated assets equal to $10 billion or more and are a 
consolidated subsidiary of one of the following: (A) a covered 
depository institution holding company or depository institution that 
has total assets equal to $250 billion or more; (B) a covered 
depository institution holding company or depository institution that 
has total consolidated on-balance sheet foreign exposure equal to $10 
billion or more; or (C) a company that has been designated by the 
Financial Stability Oversight Council for supervision by the Federal 
Reserve Board.
    Burden Estimate:

                                                                Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                          Estimated       Estimated                                        Total annual
                                   Type of burden     Obligation to       number of     frequency of   Estimated time     Frequency of       estimated
                                                         respond         respondents      responses     per response        response          burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Liquidity Coverage Ratio (LCR)-- Reporting........  Mandatory........  ..............  ..............  ..............  .................  ..............
 12 CFR 329.40(a), (b).
Sec.   329.40(a) Notification    Reporting........  Mandatory........               2              12            0.25  On Occasion......            6.00
 that liquidity coverage ratio
 is less than minimum in Sec.
 329.10.
Sec.   329.40(b) Notification    Reporting........  Mandatory........               2               1            0.25  On Occasion......            0.50
 that liquidity coverage ratio
 is less than minimum in Sec.
 329.10 for 3 consecutive days
 or otherwise noncompliant.
Sec.   329.40(b) Plan for        Recordkeeping....  Mandatory........               2               1          100.00  On Occasion......          200.00
 achieving compliance.
Sec.   329.40(b)(4) Weekly       Reporting........  Mandatory........               2               4            0.25  On Occasion......            2.00
 report of progress toward
 achieving compliance.
Liquidity Coverage Ratio (LCR)-- Recordkeeping....  Mandatory........  ..............  ..............  ..............  .................  ..............
 12 CFR 329.22(a)(2), (5).
Sec.   329.22(a)(2) Policies     Recordkeeping....  Mandatory........               2               1           10.00  On Occasion......           20.00
 that require eligible HQLA to
 be under control of liquidity
 risk management function.
Sec.   329.22(a)(5) Documented   Recordkeeping....  Mandatory........               2               1           10.00  On Occasion......           20.00
 methodology providing
 consistent treatment for
 determining whether eligible
 HQLA meets operational
 requirements.
                                                                      ----------------------------------------------------------------------------------
    Total Hourly Burden........  .................  .................  ..............  ..............  ..............  .................          248.50
--------------------------------------------------------------------------------------------------------------------------------------------------------

    General Description of Collection: The LCR rule implements a 
quantitative liquidity requirement and contains requirements subject to 
the PRA. The reporting and recordkeeping requirements are found in 
Sections 329.22 and 329.40. The requirement is designed to promote the 
short-term resilience of the liquidity risk profile of large and 
internationally active banking organizations, thereby improving the 
banking sector's ability to absorb shocks arising from financial and 
economic stress, and to further improve the measurement and management 
of liquidity risk. The LCR rule establishes a quantitative minimum 
liquidity coverage ratio that requires a company subject to the rule to 
maintain an amount of high-quality liquid assets (the numerator of the 
ratio) that is no less than 100 percent of its total net cash outflows 
over a prospective 30 calendar-day period (the denominator of the 
ratio).
    The FDIC has reviewed its previous PRA submission and has updated 
its methodology for calculating the burden in order to be consistent 
with the Office of the Controller of the Currency and the Federal 
Reserve Board. The overall increase in burden hours is the result of 
these changes.

Request for Comment

    Comments are invited on: (a) Whether the collections of information 
are necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the information collections, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the burden of the collections of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology. All 
comments will become a matter of public record.

    Dated at Washington, DC, on December 22, 2017.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2017-28138 Filed 12-28-17; 8:45 am]
 BILLING CODE 6714-01-P