Proposed Agency Information Collection Activities; Comment Request, 3148-3149 [2018-01114]
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3148
Federal Register / Vol. 83, No. 15 / Tuesday, January 23, 2018 / Notices
Estimated number of respondents: 4.
Estimated average hours per response:
0.17.
Estimated annual burden hours: 51.
General Description of Report: The FR
G–3, FR T–4, and FR U–1 purpose
statements, which are completed by the
borrower and the lender (brokers and
dealers, in the case of the FR T–4),
consist of three parts. The borrower
completes Part I of the reporting form
and is required to do the following:
State the amount of the loan and
whether the purpose of the loan is to
purchase, carry, or trade in securities
(pursuant to Regulation T) or purchase
or carry margin stock (pursuant to
Regulation U) and, if not, describe the
specific purpose of the loan. FR T–4
respondents must also answer a
question as to whether the securities
serving as collateral will be delivered
against payment. The borrower must
sign and date the reporting form. The
lender completes Part II, which may
entail listing and valuing any collateral.
The lender then signs and dates Part III
of the reporting form, acknowledging
that the customer’s statement is
accepted in good faith. The lender is
required to hold the reporting forms for
at least three years after the credit is
extinguished. The Federal Reserve
System does not collect or process this
information, but as noted, the
information required on the form may
be used by Federal Reserve examiners to
assess compliance with the Securities
Exchange Act of 1934 and Regulation T.
Proposed revisions: The Board
proposes to revise the instructions for
the FR G–1, FR G–2, and FR G–4 to
require respondents to submit Portable
Document Format (PDF) versions of the
reporting forms and attachments to a
designated Federal Reserve Board email
address. The Board is proposing these
revisions in an effort to improve clarity
as the current instructions do not
contain explicit guidance on the form of
submission for the reports. The
revisions would be effective April 1,
2018.
The Board also proposes to
consolidate all six Margin Credit
Reports under one OMB control
number, 7100–0011, which currently
only includes the FR G–1, FR G–2, and
FR G–4. This change is aimed at
simplifying the tracking and clearance
process for the Margin Credit Reports.
Legal authorization and
confidentiality: The Board has
determined that each of the reports is
authorized by section 7 of the Act (15
U.S.C. 78g). In addition, FR T–4 is
required by section 220.6 of Regulation
T (12 CFR 220.6), FR U–1 is required by
sections 221.3(c)(1)(i) and (2)(i) of
VerDate Sep<11>2014
17:59 Jan 22, 2018
Jkt 244001
Regulation U (12 CFR 221.3(c)(1)(i) and
(2)(i)), and FR G–1, FR G–2, FR G–3, and
FR G–4 are required by sections
221.3(b)(1), (2), and (3), and (c)(1)(ii)
and (2)(ii) of Regulation U (12 CFR
221.3(b)(1), (2), and (3), and (c)(1)(ii)
and (2)(ii)).
FR G–1 and FR G–4 collect financial
information, including a balance sheet,
from nonbank lenders subject to
Regulation U. Some of these lenders
may be individuals or nonbank entities
that do not make this information
publicly available; release could
therefore cause substantial harm to the
competitive position of the respondent
or result in an unwarranted invasion of
personal privacy. In those cases, the
information could be withheld under
exemption 4 or exemption 6 of the
Freedom of Information Act (5 U.S.C.
552(b)(4) and (6)), respectively.
Confidentiality determinations must be
made on a case by case basis. Because
FR G–3, FR T–4, and FR U–1 are not
submitted to the Federal Reserve System
and FR G–2 does not contain any
information considered to be
confidential, no confidentiality
determination is necessary for these
reports.
Board of Governors of the Federal Reserve
System, January 17, 2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018–01115 Filed 1–22–18; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
AGENCY:
ACTION:
Notice, request for comment.
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Recordkeeping Requirements
Associated with Limitations on
Interbank Liabilities (Regulation F; OMB
No. 7100–0331).
SUMMARY:
Comments must be submitted on
or before March 26, 2018.
DATES:
You may submit comments,
identified by Regulation F, by any of the
following methods:
• Agency Website: https://
www.federalreserve.gov. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
ADDRESSES:
PO 00000
Frm 00039
Fmt 4703
Sfmt 4703
• Federal eRulemaking Portal: https://
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 website at https://
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 website at: https://
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: 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. In exercising this
delegated authority, the Board is
E:\FR\FM\23JAN1.SGM
23JAN1
Federal Register / Vol. 83, No. 15 / Tuesday, January 23, 2018 / Notices
sradovich on DSK3GMQ082PROD with NOTICES
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.
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 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, without revision, of the
following report:
Report title: Recordkeeping
Requirements Associated with
Limitations on Interbank Liabilities.
Agency form number: Regulation F.
OMB control number: 7100–0331.
Frequency: On occasion.
Respondents: Depository institutions
insured by the Federal Deposit
Insurance Corporation (FDIC).
Estimated number of respondents:
State member banks: 829; non-member
banks: 3,396; national banks: 921; state
savings banks: 309; federal savings
banks: 228; savings & loan associations:
195; insured federal branch of foreign
banking organization: 4; insured state
branch of foreign banking organization:
6; non-depository trust company
member: 2; cooperative banks: 33.
Estimated average hours per response:
8 hours.
Estimated annual burden hours: State
member banks: 6,632; non-member
VerDate Sep<11>2014
17:59 Jan 22, 2018
Jkt 244001
banks: 27,168; national banks: 7,368;
state savings banks: 2,472; federal
savings banks: 1,824; savings & loan
associations: 1,560; insured federal
branch of foreign banking organization:
32; insured state branch of foreign
banking organization: 48; nondepository trust company member: 16;
cooperative banks: 264.
General description of report: Section
206.3 of the Board’s Regulation F, 12
CFR 206.3, requires insured depository
institutions to establish and maintain
policies and procedures designed to
prevent excessive exposure to
‘‘correspondents,’’ which include nonaffiliated U.S. insured depository
institutions and non-affiliated foreign
banks. Regulation F limits the risks that
the failure of a correspondent would
pose to insured depository institutions.
Where exposure to a correspondent is
significant, the policies and procedures
shall require periodic reviews of the
financial condition of the correspondent
and shall take into account any
deterioration in the correspondent’s
financial condition. Where the financial
condition of the correspondent and the
form or maturity of the exposure create
a significant risk that payments will not
be made in full or in a timely manner,
the policies and procedures should limit
the bank’s exposure to the
correspondent, either by the
establishment of internal limits or by
other means.
The Board has updated its burden
estimate for this information collection
to account for all depository institutions
insured by the Federal Deposit
Insurance Corporation (FDIC), all of
which are potential respondents. The
Board’s previous burden estimate
accounted only for state member banks.
The increase in burden reflects the
update to correct the number of
potential respondents, and is not due to
a change in burden for individual
institutions.
Legal authorization and
confidentiality: The Board’s Legal
Division has determined that the
recordkeeping requirements of
Regulation F are mandatory and
authorized by section 23 of the Federal
Reserve Act, as added by section 308 of
the Federal Deposit Insurance
Corporation Improvement Act of 1991
(FDICIA) (12 U.S.C. 371b–2). Because
the Board does not collect any
information, no issue of confidentiality
normally arises. However, if a
compliance program becomes a Board
record during an examination, the
information may be protected from
disclosure under exemptions (b)(4) and
(b)(8) of the Freedom of Information Act
(5 U.S.C. 552(b)(4) and (b)(8)).
PO 00000
Frm 00040
Fmt 4703
Sfmt 4703
3149
Board of Governors of the Federal Reserve
System, January 17, 2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018–01114 Filed 1–22–18; 8:45 am]
BILLING CODE 6210–01–P
GOVERNMENT ACCOUNTABILITY
OFFICE
Request for Medicare Payment
Advisory Commission Nominations
U.S. Government
Accountability Office (GAO).
ACTION: Request for letters of
nomination and resumes.
AGENCY:
The Balanced Budget Act of
1997 established the Medicare Payment
Advisory Commission (MedPAC) and
gave the Comptroller General
responsibility for appointing its
members. GAO is now accepting
nominations for MedPAC appointments
that will be effective in May 2018.
Letters of nomination and resumes
should be submitted no later than
February 23, 2018 to ensure adequate
opportunity for review and
consideration of nominees prior to
appointment of new members.
Acknowledgement of submissions will
be provided within a week of
submission. Please contact Greg Giusto
at (202) 512–8268 if you do not receive
an acknowledgment.
ADDRESSES: Email:
MedPACappointments@gao.gov. Mail:
U.S. GAO, Attn: MedPAC
Appointments, 441 G Street NW,
Washington, DC 20548.
FOR FURTHER INFORMATION CONTACT: Greg
Giusto, 202–512–8268, GiustoG@
gao.gov, or the GAO Office of Public
Affairs, (202) 512–4800.
SUMMARY:
Authority: 42 U.S.C. 1395b–6.
Gene L. Dodaro,
Comptroller General of the United States.
[FR Doc. 2018–00434 Filed 1–22–18; 8:45 am]
BILLING CODE 1610–02–M
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Disease Control and
Prevention
[30Day–18–0621]
Agency Forms Undergoing Paperwork
Reduction Act Review
In accordance with the Paperwork
Reduction Act of 1995, the Centers for
Disease Control and Prevention (CDC)
E:\FR\FM\23JAN1.SGM
23JAN1
]]>Agencies
[Federal Register Volume 83, Number 15 (Tuesday, January 23, 2018)]
[Notices]
[Pages 3148-3149]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-01114]
-----------------------------------------------------------------------
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 for three years, without
revision, the Recordkeeping Requirements Associated with Limitations on
Interbank Liabilities (Regulation F; OMB No. 7100-0331).
DATES: Comments must be submitted on or before March 26, 2018.
ADDRESSES: You may submit comments, identified by Regulation F, by any
of the following methods:
Agency Website: https://www.federalreserve.gov. Follow the
instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
Federal eRulemaking Portal: https://www.regulations.gov.
Follow the instructions for submitting comments.
Email: [email protected]. 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 website at
https://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 website at: https://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: 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. In exercising this delegated authority, the
Board is
[[Page 3149]]
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.
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 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, without revision, of the following report:
Report title: Recordkeeping Requirements Associated with
Limitations on Interbank Liabilities.
Agency form number: Regulation F.
OMB control number: 7100-0331.
Frequency: On occasion.
Respondents: Depository institutions insured by the Federal Deposit
Insurance Corporation (FDIC).
Estimated number of respondents: State member banks: 829; non-
member banks: 3,396; national banks: 921; state savings banks: 309;
federal savings banks: 228; savings & loan associations: 195; insured
federal branch of foreign banking organization: 4; insured state branch
of foreign banking organization: 6; non-depository trust company
member: 2; cooperative banks: 33.
Estimated average hours per response: 8 hours.
Estimated annual burden hours: State member banks: 6,632; non-
member banks: 27,168; national banks: 7,368; state savings banks:
2,472; federal savings banks: 1,824; savings & loan associations:
1,560; insured federal branch of foreign banking organization: 32;
insured state branch of foreign banking organization: 48; non-
depository trust company member: 16; cooperative banks: 264.
General description of report: Section 206.3 of the Board's
Regulation F, 12 CFR 206.3, requires insured depository institutions to
establish and maintain policies and procedures designed to prevent
excessive exposure to ``correspondents,'' which include non-affiliated
U.S. insured depository institutions and non-affiliated foreign banks.
Regulation F limits the risks that the failure of a correspondent would
pose to insured depository institutions. Where exposure to a
correspondent is significant, the policies and procedures shall require
periodic reviews of the financial condition of the correspondent and
shall take into account any deterioration in the correspondent's
financial condition. Where the financial condition of the correspondent
and the form or maturity of the exposure create a significant risk that
payments will not be made in full or in a timely manner, the policies
and procedures should limit the bank's exposure to the correspondent,
either by the establishment of internal limits or by other means.
The Board has updated its burden estimate for this information
collection to account for all depository institutions insured by the
Federal Deposit Insurance Corporation (FDIC), all of which are
potential respondents. The Board's previous burden estimate accounted
only for state member banks. The increase in burden reflects the update
to correct the number of potential respondents, and is not due to a
change in burden for individual institutions.
Legal authorization and confidentiality: The Board's Legal Division
has determined that the recordkeeping requirements of Regulation F are
mandatory and authorized by section 23 of the Federal Reserve Act, as
added by section 308 of the Federal Deposit Insurance Corporation
Improvement Act of 1991 (FDICIA) (12 U.S.C. 371b-2). Because the Board
does not collect any information, no issue of confidentiality normally
arises. However, if a compliance program becomes a Board record during
an examination, the information may be protected from disclosure under
exemptions (b)(4) and (b)(8) of the Freedom of Information Act (5
U.S.C. 552(b)(4) and (b)(8)).
Board of Governors of the Federal Reserve System, January 17,
2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018-01114 Filed 1-22-18; 8:45 am]
BILLING CODE 6210-01-P
