Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities, 4047 [2018-01624]
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Federal Register / Vol. 83, No. 19 / Monday, January 29, 2018 / Notices
AMC must report to the State or States
in which it operates the reporting
requirements established by the ASC.7
This proposal is being issued pursuant
to these requirements.
Title: Reporting information for the
AMC Registry.
OMB Number: New Collection.
Description: The Dodd-Frank Act
requires the ASC to maintain the AMC
Registry of those AMCs that are either:
(1) Registered with and subject to
supervision by a State that has elected
to register and supervise AMCs; or (2)
are Federally regulated AMCs. In order
for a State that elects to register and
supervise AMCs to enter an AMC on the
AMC Registry, the following items are
proposed to be required entries by the
State via extranet application on the
AMC Registry:
State Abbreviation
State Registration Number for AMC
Employer Identification Number (EIN)
AMC Name
Street Address
City
State
Zip
License or Registration Status
Effective Date
Expiration Date
AMC Type (State or multi-State)
Disciplinary Action
Effective Date
Expiration Date
Number of Appraisers (for invoicing
registry fee)
States listing AMCs on the AMC
Registry will enter the above
information for each AMC for the initial
entry only. After the initial entry, the
information is retained on the AMC
Registry, and will only need to be
amended if necessary by the State. The
estimate for burden assumes that 50
States will elect to supervise and
register AMCs, and that the average
number of AMCs in a State will be 150.
This estimate is based on information
currently available, and will be high for
some States, and low for other States.
The initial entry by a State on a single
AMC is estimated to take 15 minutes.
Subsequent entries to amend
information on an AMC, annually or
periodically, are estimated to be
negligible.
Type of Review: Regular.
Affected Public: States.
Estimated Number of Respondents: 50
States.
Estimated Burden per Response: 15
minutes.
Frequency of Response: Annually and
on occasion.
7 See 12 CFR 34.215(c); 12 CFR 225.195(c); 12
CFR 323.13(c); 12 CFR 1222.25(c).
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18:19 Jan 26, 2018
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Estimated Total Annual Burden:
1,875 hours.
Comments submitted in response to
this notice will be summarized,
included in the request for OMB
approval, and become a matter of public
record. Comments are invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) The accuracy of the agency’s
estimate of the burden of the collection
of information;
(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.
By the Appraisal Subcommittee.
Dated: January 19, 2018.
Arthur Lindo,
Chairman.
[FR Doc. 2018–01571 Filed 1–26–18; 8:45 am]
BILLING CODE 6700–01–P
FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or
To Acquire Companies Engaged in
Permissible Nonbanking Activities
The companies listed in this notice
have given notice under section 4 of the
Bank Holding Company Act (12 U.S.C.
1843) (BHC Act) and Regulation Y, (12
CFR part 225) to engage de novo, or to
acquire or control voting securities or
assets of a company, including the
companies listed below, that engages
either directly or through a subsidiary or
other company, in a nonbanking activity
that is listed in § 225.28 of Regulation Y
(12 CFR 225.28) or that the Board has
determined by Order to be closely
related to banking and permissible for
bank holding companies. Unless
otherwise noted, these activities will be
conducted throughout the United States.
Each notice is available for inspection
at the Federal Reserve Bank indicated.
The notice also will be available for
inspection at the offices of the Board of
Governors. Interested persons may
express their views in writing on the
question whether the proposal complies
with the standards of section 4 of the
BHC Act.
Unless otherwise noted, comments
regarding the applications must be
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4047
received at the Reserve Bank indicated
or the offices of the Board of Governors
not later than February 23, 2018.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261–4528.
Comments can also be sent
electronically to
Comments.applications@rich.frb.org:
1. Old Line Bancshares, Inc., Bowie,
Maryland; to acquire 100 percent of the
voting shares of Bay Bancorp, Inc.,
Columbia, Maryland, and thereby
indirectly acquire Bay Bank, FSB,
Columbia, Maryland, and thereby
engage in operating a savings
association, pursuant to section
225.28(b)(4)(ii) of Regulation Y.
Board of Governors of the Federal Reserve
System, January 24, 2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018–01624 Filed 1–26–18; 8:45 am]
BILLING CODE 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.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The applications will also be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
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[Federal Register Volume 83, Number 19 (Monday, January 29, 2018)]
[Notices]
[Page 4047]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-01624]
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FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or To Acquire Companies Engaged
in Permissible Nonbanking Activities
The companies listed in this notice have given notice under section
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or
control voting securities or assets of a company, including the
companies listed below, that engages either directly or through a
subsidiary or other company, in a nonbanking activity that is listed in
Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has
determined by Order to be closely related to banking and permissible
for bank holding companies. Unless otherwise noted, these activities
will be conducted throughout the United States.
Each notice is available for inspection at the Federal Reserve Bank
indicated. The notice also will be available for inspection at the
offices of the Board of Governors. Interested persons may express their
views in writing on the question whether the proposal complies with the
standards of section 4 of the BHC Act.
Unless otherwise noted, comments regarding the applications must be
received at the Reserve Bank indicated or the offices of the Board of
Governors not later than February 23, 2018.
A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street, Richmond, Virginia 23261-4528.
Comments can also be sent electronically to
[email protected]:
1. Old Line Bancshares, Inc., Bowie, Maryland; to acquire 100
percent of the voting shares of Bay Bancorp, Inc., Columbia, Maryland,
and thereby indirectly acquire Bay Bank, FSB, Columbia, Maryland, and
thereby engage in operating a savings association, pursuant to section
225.28(b)(4)(ii) of Regulation Y.
Board of Governors of the Federal Reserve System, January 24,
2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018-01624 Filed 1-26-18; 8:45 am]
BILLING CODE P
