Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 34578-34579 [2018-15518]

Download as PDF 34578 Federal Register / Vol. 83, No. 140 / Friday, July 20, 2018 / Notices claimed FOIA exemption. Requests for confidentiality will be evaluated on a case-by-case basis. Effective date: July 31, 2018. Current actions: On March 23, 2018, the Board published a notice in the Federal Register (83 FR 12762) requesting public comment for 60 days on the extension, with revision, of the FR Y–3F. The Board proposes to revise the FR Y–3F form and instructions in order to improve the clarity of the required information; obtain additional information necessary to evaluate the statutory factors; reflect the impact of new laws, regulations, capital requirements and accounting rules; and increase transparency regarding the information that is required to consider a proposal. The revisions are intended to reduce the need for subsequent information requests, which delay the Board’s consideration of a filing and create additional burden for filers. The comment period for this notice expired on May 22, 2018. The Board did not receive any comments. Accordingly, the revisions will be implemented as proposed. Board of Governors of the Federal Reserve System, July 17, 2018. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2018–15521 Filed 7–19–18; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM daltland on DSKBBV9HB2PROD with NOTICES Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than August 6, 2018. A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201–2272: 1. Richard Franke, Bayview, Texas, and Dennis Franke, Brownsville, Texas, VerDate Sep<11>2014 18:06 Jul 19, 2018 Jkt 244001 individually, to acquire voting shares of Laguna Madre Bancshares, Inc., and thereby indirectly acquire shares of First National Bank of South Padre Island, Texas. In addition, The McDaniel Nevada Irrevocable Trust, Fort Worth, Texas, Barbara McDaniel, Fort Worth, Texas, Trustee for The McDaniel Nevada Irrevocable Trust, the Estate of Melvin H. Chapman, South Padre Island, Texas, Stewart Chapman, Wichita Falls, Texas, Executor for the Estate of Melvin H. Chapman, Trevor Franke, Frisco, Texas, Denise Franke Yeary, Dallas, Texas, Richard Franke, Jr., John P. Franke, and Kevin C. Franke, all of Bayview, Texas; to retain shares and to join a group acting in concert to retain shares of Laguna Madre Bancshares, Inc. Board of Governors of the Federal Reserve System, July 16, 2018. Ann Misback, Secretary of the Board. [FR Doc. 2018–15472 Filed 7–19–18; 8:45 am] BILLING CODE P Governors not later than August 15, 2018. A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Bern Bancshares, Inc., Bern, Kansas; to acquire 6.5 percent of the voting shares of UBT Bancshares, Inc., Marysville, Kansas, and thereby indirectly acquire United Bank & Trust, Marysville, Kansas. Board of Governors of the Federal Reserve System, July 16, 2018. Ann Misback, Secretary of the Board. [FR Doc. 2018–15471 Filed 7–19–18; 8:45 am] BILLING CODE 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 International Applications and Prior Notifications under Subparts A and C of Regulation K (FR K–1; OMB No. 7100–0107). The revisions are applicable as of July 31, 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 AGENCY: 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 PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 E:\FR\FM\20JYN1.SGM 20JYN1 Federal Register / Vol. 83, No. 140 / Friday, July 20, 2018 / Notices daltland on DSKBBV9HB2PROD with NOTICES 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 Board 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 Report Report title: International Applications and Prior Notifications under Subparts A and C of Regulation K. Agency form number: FR K–1. OMB control number: 7100–0107. Frequency: On occasion. Respondents: Member banks, Edge and agreement corporations, bank holding companies (BHCs), and foreign organizations. Estimated number of respondents: Attachments A and B, 5; Attachments C through G, 15; Attachments H and I, 12; Attachment J, 2; Attachment K, 1. Estimated average hours per response: Attachments A and B, 11.5 hours; Attachments C through G, 10 hours; Attachments H and I, 15.5 hours; Attachment J, 10 hours; Attachment K, 20 hours. Estimated annual burden hours: 1,013 hours. General description of collection: Subpart A of the Board’s Regulation K governs the foreign investments and activities of member banks, Edge and agreement corporations, BHCs, and certain investments by foreign organizations. Subpart C of Regulation K governs investments in export trading companies. The FR K–1 information collection contains eleven attachments for the application and notification requirements embodied in Subparts A and C of Regulation K. The Board requires these applications for regulatory and supervisory purposes and to allow the Board to fulfill its statutory obligations under the Federal Reserve Act and the Bank Holding Company Act of 1956. The applications are event-generated and provide the Federal Reserve with information necessary to evaluate each of the proposed transactions. Legal authorization and confidentiality: This information collection is mandatory and collected pursuant to sections 25 and 25A of the Federal Reserve Act (12 U.S.C. 601– 604(a), 611–631), and sections 4(c)(13), VerDate Sep<11>2014 18:06 Jul 19, 2018 Jkt 244001 4(c)(14), and 5(c) of the Bank Holding Company Act (12 U.S.C. 1843(c)(13), 1843(c)(14), 1844(c)). The information submitted in the FR K–1 is considered to be public unless an institution requests confidential treatment for portions of the particular application or notification. Applicants may rely on any Freedom of Information Act (FOIA) exemption, but such requests for confidentiality must contain detailed justifications corresponding to the claimed FOIA exemption. Any requests for confidentiality will be evaluated on a case-by-case basis. Effective date: July 31, 2018. Current actions: On March 23, 2018, the Board published a notice in the Federal Register (83 FR 12761) requesting public comment for 60 days on the extension, with revision, of the FR K–1. The Board proposed to revise the FR K–1 form and instructions primarily to make minor changes for improved style, grammar, and clarity, and to align the general information, certification, and confidentiality sections with other similar forms.1 In addition, a statement has been added indicating that the Board prefers that applicants/notificants electronically submit the application/notification and that a pre-filing option is available. No changes have been made to the information required in the various attachments to the FR K–1 form. The comment period for this notice expired on May 22, 2018. The Board did not receive any comments. Accordingly, the revisions will be implemented as proposed. Board of Governors of the Federal Reserve System, July 17, 2018. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2018–15518 Filed 7–19–18; 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. ACTION: Notice. AGENCY: The Board of Governors of the Federal Reserve System (Board) is SUMMARY: 1 Bank Holding Company Application and Notification Forms (FR Y–3, FR Y–3N, and FR Y– 4; OMB No. 7100–0121), the International Applications and Prior Notifications Under Subpart B of Regulation K (FR K–2; OMB No. 7100–0284), and the Application for a Foreign Organization to Acquire a U.S. Bank or Bank Holding Company (FR Y–3F; OMB No. 7100–0119). PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 34579 adopting a proposal to extend for three years, with revision, the International Applications and Prior Notifications Under Subpart B of Regulation K (FR K– 2; OMB No. 7100–0284). DATES: The revisions are applicable as of July 31, 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 Board 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 Report Report title: International Applications and Prior Notifications Under Subpart B of Regulation K. Agency form number: FR K–2. OMB control number: 7100–0284. Frequency: On occasion. Respondents: Foreign banks. Estimated number of respondents: 14. Estimated average hours per response: 36 hours. Estimated annual burden hours: 504 hours. General description of collection: Foreign banks are required to obtain the E:\FR\FM\20JYN1.SGM 20JYN1

Agencies

[Federal Register Volume 83, Number 140 (Friday, July 20, 2018)]
[Notices]
[Pages 34578-34579]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-15518]


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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 
International Applications and Prior Notifications under Subparts A and 
C of Regulation K (FR K-1; OMB No. 7100-0107). The revisions are 
applicable as of July 31, 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

[[Page 34579]]

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 Board 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 Report

    Report title: International Applications and Prior Notifications 
under Subparts A and C of Regulation K.
    Agency form number: FR K-1.
    OMB control number: 7100-0107.
    Frequency: On occasion.
    Respondents: Member banks, Edge and agreement corporations, bank 
holding companies (BHCs), and foreign organizations.
    Estimated number of respondents: Attachments A and B, 5; 
Attachments C through G, 15; Attachments H and I, 12; Attachment J, 2; 
Attachment K, 1.
    Estimated average hours per response: Attachments A and B, 11.5 
hours; Attachments C through G, 10 hours; Attachments H and I, 15.5 
hours; Attachment J, 10 hours; Attachment K, 20 hours.
    Estimated annual burden hours: 1,013 hours.
    General description of collection: Subpart A of the Board's 
Regulation K governs the foreign investments and activities of member 
banks, Edge and agreement corporations, BHCs, and certain investments 
by foreign organizations. Subpart C of Regulation K governs investments 
in export trading companies. The FR K-1 information collection contains 
eleven attachments for the application and notification requirements 
embodied in Subparts A and C of Regulation K. The Board requires these 
applications for regulatory and supervisory purposes and to allow the 
Board to fulfill its statutory obligations under the Federal Reserve 
Act and the Bank Holding Company Act of 1956. The applications are 
event-generated and provide the Federal Reserve with information 
necessary to evaluate each of the proposed transactions.
    Legal authorization and confidentiality: This information 
collection is mandatory and collected pursuant to sections 25 and 25A 
of the Federal Reserve Act (12 U.S.C. 601-604(a), 611-631), and 
sections 4(c)(13), 4(c)(14), and 5(c) of the Bank Holding Company Act 
(12 U.S.C. 1843(c)(13), 1843(c)(14), 1844(c)). The information 
submitted in the FR K-1 is considered to be public unless an 
institution requests confidential treatment for portions of the 
particular application or notification. Applicants may rely on any 
Freedom of Information Act (FOIA) exemption, but such requests for 
confidentiality must contain detailed justifications corresponding to 
the claimed FOIA exemption. Any requests for confidentiality will be 
evaluated on a case-by-case basis.
    Effective date: July 31, 2018.
    Current actions: On March 23, 2018, the Board published a notice in 
the Federal Register (83 FR 12761) requesting public comment for 60 
days on the extension, with revision, of the FR K-1. The Board proposed 
to revise the FR K-1 form and instructions primarily to make minor 
changes for improved style, grammar, and clarity, and to align the 
general information, certification, and confidentiality sections with 
other similar forms.\1\ In addition, a statement has been added 
indicating that the Board prefers that applicants/notificants 
electronically submit the application/notification and that a pre-
filing option is available. No changes have been made to the 
information required in the various attachments to the FR K-1 form. The 
comment period for this notice expired on May 22, 2018. The Board did 
not receive any comments. Accordingly, the revisions will be 
implemented as proposed.
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    \1\ Bank Holding Company Application and Notification Forms (FR 
Y-3, FR Y-3N, and FR Y-4; OMB No. 7100-0121), the International 
Applications and Prior Notifications Under Subpart B of Regulation K 
(FR K-2; OMB No. 7100-0284), and the Application for a Foreign 
Organization to Acquire a U.S. Bank or Bank Holding Company (FR Y-
3F; OMB No. 7100-0119).

    Board of Governors of the Federal Reserve System, July 17, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018-15518 Filed 7-19-18; 8:45 am]
 BILLING CODE 6210-01-P