Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 22489-22490 [2018-10264]
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Federal Register / Vol. 83, No. 94 / Tuesday, May 15, 2018 / Notices
The questions asked on each survey
will vary, so the ability of the Board to
maintain the confidentiality of
information collected must be
determined on a case by case basis. It is
likely that much of the information
collected would constitute confidential
financial information obtained from a
person and would thus be protected
from disclosure under exemption 4 to
the Freedom of Information Act (FOIA)
(5 U.S.C. 552(b)(4)). Exemption 8 to
FOIA, which protects information
related to examination, operating, or
condition reports prepared for the use of
an agency supervising financial
institutions, may also occasionally
apply (5 U.S.C. 552(b)(8)).
Board of Governors of the Federal Reserve
System, May 9, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018–10268 Filed 5–14–18; 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, with revision, the Reports of
Deposits (FR 2900; OMB No. 7100–
0087). The revisions are applicable as of
September 2018.
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.
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
daltland on DSKBBV9HB2PROD with NOTICES
AGENCY:
VerDate Sep<11>2014
20:27 May 14, 2018
Jkt 244001
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.
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years With Revision, of the Following
Reports
Report title: Report of Transaction
Accounts, Other Deposits, and Vault
Cash (FR 2900); Annual Report of
Deposits and Reservable Liabilities (FR
2910a); Report of Foreign (Non-U.S.)
Currency Deposits (FR 2915); and
Allocation of Low Reserve Tranche and
Reservable Liabilities Exemption (FR
2930).
Agency form number: FR 2900; FR
2910a; FR 2915; and FR 2930.
OMB control number: 7100–0087.
Effective Date: June 14, 2018.
Frequency: Weekly, quarterly,
annually, and on occasion.
Respondents: Depository institutions.
Estimated number of respondents: FR
2900 (Weekly), 2,007; FR 2900
(Quarterly), 4,395; FR 2910a, 2,941; FR
2915, 122; and FR 2930, 93.
Estimated average hours per response:
FR 2900 (Weekly), 1.25; FR 2900
(Quarterly), 3; FR 2910a, 0.75; FR 2915,
0.5; and FR 2930, 0.25.
Estimated annual burden hours: FR
2900 (Weekly), 130,455; FR 2900
(Quarterly), 52,740; FR 2910a, 2,206; FR
2915, 244; FR 2930, 23.
General description of reports: Data
from these mandatory reports are used
by the Board for administering
Regulation D (Reserve Requirements of
Depository Institutions) and for
constructing, analyzing, and monitoring
the monetary and reserve aggregates.
The FR 2900 is the primary source of
data used for the calculation of required
reserves and applied vault cash, and for
the construction and analysis of the
monetary aggregates. Data are also used
for (1) indexing the exemption amount
and low reserve tranche amount each
year, as required by statute, and (2)
indexing the nonexempt deposit cutoff
and reduced reporting limit each year,
as determined by the Board. The
amounts of the deposit cutoff and
reporting limit determine whether
PO 00000
Frm 00049
Fmt 4703
Sfmt 4703
22489
depository institutions file the FR 2900
either weekly or quarterly. The FR
2910a is generally submitted by exempt
institutions whose total deposits (as
shown on their December Call Report) 1
are greater than the exemption amount.
All FR 2900 respondents, both weekly
and quarterly, that offer deposits
denominated in foreign currencies at
their U.S. offices file the FR 2915
quarterly on the same reporting
schedule as quarterly FR 2900
respondents. Foreign currency deposits
are subject to reserve requirements and,
therefore, are included in the FR 2900
data. However, because foreign currency
deposits are not included in the
monetary aggregates, the FR 2915 data
are used to net foreign currencydenominated deposits from the FR 2900
data to exclude them from measures of
the monetary aggregates. The FR 2930
data are collected when the low reserve
tranche and reservable liabilities
exemption thresholds are adjusted
toward the end of each calendar year or
upon the establishment of an office
outside the home state or Federal
Reserve District.
Legal authorization and
confidentiality: The information
collected on these reports is authorized
under sections 11, 25(7), and 25A(17) of
the Federal Reserve Act (FRA), and
section 7 of the International Banking
Act (IBA). Section 11 of the FRA (12
U.S.C. 248(a)) authorizes the Board to
require reports from each member bank
as it may deem necessary and authorizes
the Board to prescribe reports of
liabilities and assets from insured
depository institutions to enable the
Board to discharge its responsibility to
monitor and control monetary and
credit aggregates. Sections 25(7) and
25A(17) of the FRA (12 U.S.C. 604a and
625) authorize the Board to require Edge
and agreement corporations to make
reports to the Board. Section 7 of the
IBA (12 U.S.C. 3105(c)(2)) authorizes the
Board to require reports from U.S.
branches and agencies of foreign banks.
The FR 2900, FR 2910a, FR 2915, and
FR 2930 are all mandatory. The release
of data collected on these forms would
likely cause substantial harm to the
competitive position of the respondent
if made publicly available. The data
collected on these forms, therefore, may
1 In this document, the term Call Report refers to
the Consolidated Reports of Condition and Income
(FFIEC 031, FFIEC 041, and FFIEC 051; OMB No.
7100–0036) filed by commercial banks, Report of
Assets and Liabilities of U.S. Branches and
Agencies of Foreign Banks (FFIEC 002; OMB No.
7100–0032), Statement of Financial Condition
(NCUA 5300; OMB No. 3133–0004) filed by credit
unions, and Consolidated Report of Condition and
Income for Edge and Agreement Corporations (FR
2886b; OMB No. 7100–0086).
E:\FR\FM\15MYN1.SGM
15MYN1
22490
Federal Register / Vol. 83, No. 94 / Tuesday, May 15, 2018 / Notices
be kept confidential under exemption 4
of the Freedom of Information Act,
which protects from disclosure trade
secrets and commercial or financial
information (5 U.S.C. 552(b)(4)).
Current actions: On February 21,
2018, the Federal Reserve published a
notice in the Federal Register (83 FR
7474) requesting public comment for 60
days on the extension, with revision, of
the Reports of Deposits (FR 2900; OMB
No. 7100–0087). The Board proposes
raising the nonexempt deposit cutoff to
$1 billion, substantially increasing the
cutoff from its indexed amount of
$457.5 million that is set to take effect
in September 2018. This proposed
increase in the nonexempt deposit
cutoff would reduce reporting burden
on depository institutions while
maintaining accurate measurements of
the money and reserves aggregates. With
this increase, the Board estimates that
approximately 1,000 depository
institutions would become newly
eligible to elect to shift from weekly to
quarterly FR 2900 reporting. However,
consistent with current policy, newly
eligible institutions for quarterly
reporting may elect to continue
reporting weekly. There are no changes
proposed for the FR 2910a, FR 2915, or
FR 2930. The comment period for this
notice expired on April 23, 2018. The
Federal Reserve did not receive any
comments. The revisions will be
implemented as proposed.
Board of Governors of the Federal Reserve
System, May 9, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018–10264 Filed 5–14–18; 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 Senior Loan
Officer Opinion Survey on Bank
Lending Practices (FR 2018; OMB No.
7100–0058).
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
daltland on DSKBBV9HB2PROD with NOTICES
AGENCY:
VerDate Sep<11>2014
20:27 May 14, 2018
Jkt 244001
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.
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. 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.
Final approval under OMB delegated
authority of the extension for three
years, without revision, of the following
report:
Report title: Senior Loan Officer
Opinion Survey on Bank Lending
Practices.
Agency form number: FR 2018.
OMB control number: 7100–0058.
Frequency: Up to six times a year.
Respondents: Domestically chartered
large commercial banks and large U.S.
branches and agencies of foreign banks.
Estimated number of respondents:
104.
Estimated average hours per response:
2 hours.
Estimated annual burden hours: 1,248
hours.
General description of report: The FR
2018 is conducted with a senior loan
officer at each respondent bank,
generally through electronic
submission, up to six times a year. The
purpose of the survey is to provide
qualitative and limited quantitative
information on credit availability and
demand, as well as evolving
developments and lending practices in
the U.S. loan markets. A portion of each
survey typically covers special topics of
timely interest. There is the option to
survey other types of respondents (such
PO 00000
Frm 00050
Fmt 4703
Sfmt 4703
as other depository institutions, bank
holding companies, or other financial
entities) should the need arise. The FR
2018 survey provides crucial
information for monitoring and
understanding the evolution of lending
practices at banks and developments in
credit markets.
Legal authorization and
confidentiality: The Board’s Legal
Division has determined that the Senior
Loan Officer Opinion Survey on Bank
Lending Practices is authorized by
Sections 2A, 11, and 12A of the Federal
Reserve Act (12 U.S.C. 225a, 248(a), and
263) and Section 7 of the International
Banking Act (12 U.S.C. 3105(c)(2)) and
is voluntary. Individual survey
responses from each respondent can be
held confidential under section (b)(4) of
the Freedom of Information Act (5
U.S.C. 552(b)(4)). However, certain data
from the survey is reported in aggregate
form and the information in aggregate
form is made publicly available and not
considered confidential.
Current actions: On February 21,
2018, the Board published a notice in
the Federal Register (83 FR 7477)
requesting public comment for 60 days
on the extension, without revision, of
the Senior Loan Officer Opinion Survey
on Bank Lending Practices. The
comment period for this notice expired
on April 23, 2018. The Board did not
receive any comments. The information
collection will be extended as proposed.
Board of Governors of the Federal Reserve
System, May 9, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018–10265 Filed 5–14–18; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Administration for Children and
Families
Agency Recordkeeping/Reporting
Requirements Under Emergency
Review by the Office of Management
and Budget (OMB); Comment Request
Title: Sponsorship Review Procedures
for Approval for Unaccompanied Alien
Children.
OMB No.: 0970–0278.
Description: The Administration for
Children (ACF), Office of Refugee
Resettlement (ORR) requests the use of
emergency processing procedures in
accordance with 5 CFR Section 1320.13
to expand the scope of an existing
information collection under OMB
control number 0970–0278,
Reunification Procedures for
E:\FR\FM\15MYN1.SGM
15MYN1
]]>Agencies
[Federal Register Volume 83, Number 94 (Tuesday, May 15, 2018)]
[Notices]
[Pages 22489-22490]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-10264]
-----------------------------------------------------------------------
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, with revision, the
Reports of Deposits (FR 2900; OMB No. 7100-0087). The revisions are
applicable as of September 2018.
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.
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. 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.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years With Revision, of the Following Reports
Report title: Report of Transaction Accounts, Other Deposits, and
Vault Cash (FR 2900); Annual Report of Deposits and Reservable
Liabilities (FR 2910a); Report of Foreign (Non-U.S.) Currency Deposits
(FR 2915); and Allocation of Low Reserve Tranche and Reservable
Liabilities Exemption (FR 2930).
Agency form number: FR 2900; FR 2910a; FR 2915; and FR 2930.
OMB control number: 7100-0087.
Effective Date: June 14, 2018.
Frequency: Weekly, quarterly, annually, and on occasion.
Respondents: Depository institutions.
Estimated number of respondents: FR 2900 (Weekly), 2,007; FR 2900
(Quarterly), 4,395; FR 2910a, 2,941; FR 2915, 122; and FR 2930, 93.
Estimated average hours per response: FR 2900 (Weekly), 1.25; FR
2900 (Quarterly), 3; FR 2910a, 0.75; FR 2915, 0.5; and FR 2930, 0.25.
Estimated annual burden hours: FR 2900 (Weekly), 130,455; FR 2900
(Quarterly), 52,740; FR 2910a, 2,206; FR 2915, 244; FR 2930, 23.
General description of reports: Data from these mandatory reports
are used by the Board for administering Regulation D (Reserve
Requirements of Depository Institutions) and for constructing,
analyzing, and monitoring the monetary and reserve aggregates. The FR
2900 is the primary source of data used for the calculation of required
reserves and applied vault cash, and for the construction and analysis
of the monetary aggregates. Data are also used for (1) indexing the
exemption amount and low reserve tranche amount each year, as required
by statute, and (2) indexing the nonexempt deposit cutoff and reduced
reporting limit each year, as determined by the Board. The amounts of
the deposit cutoff and reporting limit determine whether depository
institutions file the FR 2900 either weekly or quarterly. The FR 2910a
is generally submitted by exempt institutions whose total deposits (as
shown on their December Call Report) \1\ are greater than the exemption
amount. All FR 2900 respondents, both weekly and quarterly, that offer
deposits denominated in foreign currencies at their U.S. offices file
the FR 2915 quarterly on the same reporting schedule as quarterly FR
2900 respondents. Foreign currency deposits are subject to reserve
requirements and, therefore, are included in the FR 2900 data. However,
because foreign currency deposits are not included in the monetary
aggregates, the FR 2915 data are used to net foreign currency-
denominated deposits from the FR 2900 data to exclude them from
measures of the monetary aggregates. The FR 2930 data are collected
when the low reserve tranche and reservable liabilities exemption
thresholds are adjusted toward the end of each calendar year or upon
the establishment of an office outside the home state or Federal
Reserve District.
---------------------------------------------------------------------------
\1\ In this document, the term Call Report refers to the
Consolidated Reports of Condition and Income (FFIEC 031, FFIEC 041,
and FFIEC 051; OMB No. 7100-0036) filed by commercial banks, Report
of Assets and Liabilities of U.S. Branches and Agencies of Foreign
Banks (FFIEC 002; OMB No. 7100-0032), Statement of Financial
Condition (NCUA 5300; OMB No. 3133-0004) filed by credit unions, and
Consolidated Report of Condition and Income for Edge and Agreement
Corporations (FR 2886b; OMB No. 7100-0086).
---------------------------------------------------------------------------
Legal authorization and confidentiality: The information collected
on these reports is authorized under sections 11, 25(7), and 25A(17) of
the Federal Reserve Act (FRA), and section 7 of the International
Banking Act (IBA). Section 11 of the FRA (12 U.S.C. 248(a)) authorizes
the Board to require reports from each member bank as it may deem
necessary and authorizes the Board to prescribe reports of liabilities
and assets from insured depository institutions to enable the Board to
discharge its responsibility to monitor and control monetary and credit
aggregates. Sections 25(7) and 25A(17) of the FRA (12 U.S.C. 604a and
625) authorize the Board to require Edge and agreement corporations to
make reports to the Board. Section 7 of the IBA (12 U.S.C. 3105(c)(2))
authorizes the Board to require reports from U.S. branches and agencies
of foreign banks. The FR 2900, FR 2910a, FR 2915, and FR 2930 are all
mandatory. The release of data collected on these forms would likely
cause substantial harm to the competitive position of the respondent if
made publicly available. The data collected on these forms, therefore,
may
[[Page 22490]]
be kept confidential under exemption 4 of the Freedom of Information
Act, which protects from disclosure trade secrets and commercial or
financial information (5 U.S.C. 552(b)(4)).
Current actions: On February 21, 2018, the Federal Reserve
published a notice in the Federal Register (83 FR 7474) requesting
public comment for 60 days on the extension, with revision, of the
Reports of Deposits (FR 2900; OMB No. 7100-0087). The Board proposes
raising the nonexempt deposit cutoff to $1 billion, substantially
increasing the cutoff from its indexed amount of $457.5 million that is
set to take effect in September 2018. This proposed increase in the
nonexempt deposit cutoff would reduce reporting burden on depository
institutions while maintaining accurate measurements of the money and
reserves aggregates. With this increase, the Board estimates that
approximately 1,000 depository institutions would become newly eligible
to elect to shift from weekly to quarterly FR 2900 reporting. However,
consistent with current policy, newly eligible institutions for
quarterly reporting may elect to continue reporting weekly. There are
no changes proposed for the FR 2910a, FR 2915, or FR 2930. The comment
period for this notice expired on April 23, 2018. The Federal Reserve
did not receive any comments. The revisions will be implemented as
proposed.
Board of Governors of the Federal Reserve System, May 9, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018-10264 Filed 5-14-18; 8:45 am]
BILLING CODE 6210-01-P
