Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 34580-34581 [2018-15520]

Download as PDF daltland on DSKBBV9HB2PROD with NOTICES 34580 Federal Register / Vol. 83, No. 140 / Friday, July 20, 2018 / Notices prior approval of the Federal Reserve to establish a branch, agency, or representative office in the United States; to acquire ownership or control of a commercial lending company in the United States; or to change the status of any existing office in the United States. The FR K–2 information collection contains five attachments for the application and notification requirements embodied in subpart B of Regulation K. The Federal Reserve uses the information to fulfill its statutory obligations under the International Banking Act. The applicant also is required to publish a notice in a newspaper of general circulation in the community where the office is proposed to be located. The notice must state the name and address of the applicant/notificant and the proposed office, and it must invite the public to submit written comments to the appropriate Reserve Bank. Legal authorization and confidentiality: This information collection is mandatory and collected pursuant to sections 7, 10, and 13 of the International Banking Act (12 U.S.C. 3105, 3107, and 3108). The information collected on the FR K–2 is normally subject to public disclosure under the Freedom of Information Act (FOIA). The applying or notifying organization may request that portions of the information contained in the FR K–2 be afforded confidential treatment. To do so, applicants must demonstrate how the information for which confidentiality is requested would fall within the scope of one or more of the exemptions contained in the FOIA. Any such request would be evaluated on a caseby-case basis. Effective date: July 31, 2018. Current actions: On March 23, 2018, the Board published a notice in the Federal Register (83 FR 12760) requesting public comment for 60 days on the extension, with revision, of the FR K–2. The Board proposed to revise the FR K–2 form and instructions in order to: Improve the clarity of the requests; reflect the impact of new laws, regulations, capital requirements, and accounting rules; make minor changes for improved style, grammar and clarity; and harmonize the general information, certification, and confidentiality sections with other similar forms. The revisions are intended to make initial filings more reflective of the proposed transaction and thereby reduce the need for subsequent information requests, which delay the Federal Reserve’s consideration of a filing and create additional burden for filers. The comment period for this notice expired VerDate Sep<11>2014 18:06 Jul 19, 2018 Jkt 244001 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. 2018–15519 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 adopting a proposal to extend for three years, with revision, the Bank Holding Company Application and Notification Forms (OMB No. 7100–0121): The Application for Prior Approval to Become a Bank Holding Company or for a Bank Holding Company to Acquire an Additional Bank or Bank Holding Company (FR Y–3), the Notification for Prior Approval to Become a Bank Holding Company or for a Bank Holding Company to Acquire an Additional Bank or Bank Holding Company (FR Y–3N), and the Notification for Prior Approval to Engage Directly or Indirectly in Certain Nonbanking Activities (FR Y–4). 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 SUMMARY: PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 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: Application for Prior Approval to Become a Bank Holding Company, or for a Bank Holding Company to Acquire an Additional Bank or Bank Holding Company; Notification for Prior Approval to Become a Bank Holding Company, or for a Bank Holding Company to Acquire an Additional Bank or Bank Holding Company; and Notification for Prior Approval to Engage Directly or Indirectly in Certain Nonbanking Activities. Agency form number: FR Y–3, FR Y–3N, and FR Y–4. OMB control number: 7100–0121. Frequency: Event-generated. Respondents: Corporations seeking to become bank holding companies (BHCs) and existing BHCs. Estimated average hours per response: FR Y–3, Section 3(a)(1): 50 hours; FR Y– 3, Section 3(a)(3) and 3(a)(5): 60.5 hours; FR Y–3N, Sections 3(a)(1), 3(a)(3), and 3(a)(5): 5 hours; FR Y–4, complete notification: 12 hours; FR Y–4, expedited notification: 5 hours; and FR Y–4, post-consummation: 0.5 hours. Estimated number of respondents: FR Y–3, Section 3(a)(1): 81; FR Y–3, Section 3(a)(3) and 3(a)(5): 136; FR Y–3N, Sections 3(a)(1), 3(a)(3), and 3(a)(5): 26; FR Y–4, complete notification: 30; FR Y–4, expedited notification: 11; and FR Y–4, post-consummation: 1. Estimated annual burden hours: 12,824 hours. General description of report: The Federal Reserve requires the submission of these filings for regulatory and supervisory purposes and to allow the Federal Reserve to fulfill its statutory obligations under the Bank Holding Company Act of 1956 (the BHC Act). These filings collect information on proposals by BHCs involving E:\FR\FM\20JYN1.SGM 20JYN1 daltland on DSKBBV9HB2PROD with NOTICES Federal Register / Vol. 83, No. 140 / Friday, July 20, 2018 / Notices formations, acquisitions, mergers, and nonbanking activities. The Federal Reserve uses this information to evaluate each individual transaction with respect to financial and managerial factors, permissibility, competitive effects, net public benefits, financial stability, and the impact on the convenience and needs of affected communities. The applicant or notificant also is required to publish a notice in a newspaper of general circulation in the community where the head office of the bank to be acquired is located. The notice must state the name and address of the applicant and its proposed subsidiary, and it must invite the public to submit written comments to the appropriate Federal Reserve Bank. Legal authorization and confidentiality: The FR Y–3 application and FR Y–3N notification are mandatory and submitted pursuant to section 3(a) of the BHC Act, which requires Board approval for formations, acquisitions, and mergers of bank holding companies (12 U.S.C. 1842(a)), and section 5(b) of the BHC Act, which authorizes the Board to issue regulations and orders to carry out these functions (12 U.S.C. 1844(b)). The FR Y–4 notification is mandatory and submitted pursuant to section 4(j) of the BHC Act, which requires BHCs to give advance written notice to the Board of any nonbanking activities (12 U.S.C. 1843(j)), and section 5(b) of the BHC Act (12 U.S.C. 1844(b)), described above. The information submitted in the FR Y–3, Y–3N, and Y–4 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 exemption, and such requests for confidentiality must contain detailed justifications corresponding to the claimed 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 12758) requesting public comment for 60 days on the extension, with revision, of the FR Y–3, FR Y–3N, and FR Y–4. The Board proposes to revise the FR Y–3, FR Y–3N, and FR Y–4 forms and instructions in order to improve the clarity of the requests; reflect the impact of new laws, regulations, capital requirements and accounting rules; delete items that are not typically useful for the analysis of the proposal; and add transparency for filers regarding the information that is required to consider VerDate Sep<11>2014 18:06 Jul 19, 2018 Jkt 244001 a proposal. The revisions are intended to make initial filings better reflect and include the information that Board staff requires to evaluate a transaction and thereby reduce the need for subsequent information requests, which may 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. 2018–15520 Filed 7–19–18; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0188; Docket No. 2018–0003; Sequence No. 1] Submission for OMB Review; Combating Trafficking in Persons 34581 Follow the instructions provided on the screen. Please include your name, company name (if any), and ‘‘Information Collection 9000–0188, Combating Trafficking in Persons,’’ on your attached document. • Mail: General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street NW, Washington, DC 20405. ATTN: Ms. Mandell/IC 9000–0188, Combating Trafficking in Persons. Instructions: Please submit comments only and cite Information Collection 9000–0188, Combating Trafficking in Persons, in all correspondence related to this collection. Comments received generally will be posted without change to regulations.gov, including any personal and/or business confidential information provided. To confirm receipt of your comment(s), please check regulations.gov, approximately two-to-three business days after submission to verify posting (except allow 30 days for posting of comments submitted by mail). FOR FURTHER INFORMATION CONTACT: Ms. Cecelia L. Davis, Procurement Analyst, Acquistion Policy Division, via telephone 202–219–0202, or via email cecelia.davis@gsa.gov. SUPPLEMENTARY INFORMATION: AGENCY: A. Purpose Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division (MVCB) will be submitting to the Office of Management and Budget a request and an extension of existing OMB Clearances concerning combating trafficking in persons. DATES: Submit comments on or before August 20, 2018. ADDRESSES: Submit comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Office of Information and Regulatory Affairs of OMB, Attention: Desk Officer for GSA, Room 10236, NEOB, Washington, DC 20503. Additionally submit a copy to GSA by any of the following methods: • Regulations.gov: http:// www.regulations.gov. Submit comments via the Federal eRulemaking portal by searching the OMB control number 9000–0188. Select the link ‘‘Comment Now’’ that corresponds with ‘‘Information Collection 9000–0188, Combating Trafficking in Persons.’’ This is a requirement for a revision and renewal of OMB control number 9000–0188, Combating Trafficking in Persons. Executive Order (E.O.) 13627, entitled Strengthening Protections Against Trafficking in Persons in Federal Contracts, dated September 25, 2012 (77 FR 60029, October 2, 2012) and Title XVII of the National Defense Authorization Act for Fiscal Year 2013 (Pub. L. 112–239, enacted January 2, 2013) strengthen the long standing zerotolerance policy of the United States regarding Government employees and contractor personnel engaging in any form of trafficking in persons. Contractors are required to inform the contracting officer and the agency Inspector General of any credible information it receives from any source that alleges a contractor employee, subcontractor, or subcontractor employee, or their agent has engaged in conduct that violates the policy in paragraph (b) of the clause 52.222–50. This requirement flows down to all subcontractors. Additional protections are required where the estimated value of the supplies (other than commercially available off-the-shelf (COTS) items) to be acquired outside the United States or Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice. SUMMARY: PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 E:\FR\FM\20JYN1.SGM 20JYN1

Agencies

[Federal Register Volume 83, Number 140 (Friday, July 20, 2018)]
[Notices]
[Pages 34580-34581]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-15520]


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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.

ACTION: Notice

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

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, with revision, the 
Bank Holding Company Application and Notification Forms (OMB No. 7100-
0121): The Application for Prior Approval to Become a Bank Holding 
Company or for a Bank Holding Company to Acquire an Additional Bank or 
Bank Holding Company (FR Y-3), the Notification for Prior Approval to 
Become a Bank Holding Company or for a Bank Holding Company to Acquire 
an Additional Bank or Bank Holding Company (FR Y-3N), and the 
Notification for Prior Approval to Engage Directly or Indirectly in 
Certain Nonbanking Activities (FR Y-4).

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: Application for Prior Approval to Become a Bank 
Holding Company, or for a Bank Holding Company to Acquire an Additional 
Bank or Bank Holding Company; Notification for Prior Approval to Become 
a Bank Holding Company, or for a Bank Holding Company to Acquire an 
Additional Bank or Bank Holding Company; and Notification for Prior 
Approval to Engage Directly or Indirectly in Certain Nonbanking 
Activities.
    Agency form number: FR Y-3, FR Y-3N, and FR Y-4.
    OMB control number: 7100-0121.
    Frequency: Event-generated.
    Respondents: Corporations seeking to become bank holding companies 
(BHCs) and existing BHCs.
    Estimated average hours per response: FR Y-3, Section 3(a)(1): 50 
hours; FR Y-3, Section 3(a)(3) and 3(a)(5): 60.5 hours; FR Y-3N, 
Sections 3(a)(1), 3(a)(3), and 3(a)(5): 5 hours; FR Y-4, complete 
notification: 12 hours; FR Y-4, expedited notification: 5 hours; and FR 
Y-4, post-consummation: 0.5 hours.
    Estimated number of respondents: FR Y-3, Section 3(a)(1): 81; FR Y-
3, Section 3(a)(3) and 3(a)(5): 136; FR Y-3N, Sections 3(a)(1), 
3(a)(3), and 3(a)(5): 26; FR Y-4, complete notification: 30; FR Y-4, 
expedited notification: 11; and FR Y-4, post-consummation: 1.
    Estimated annual burden hours: 12,824 hours.
    General description of report: The Federal Reserve requires the 
submission of these filings for regulatory and supervisory purposes and 
to allow the Federal Reserve to fulfill its statutory obligations under 
the Bank Holding Company Act of 1956 (the BHC Act). These filings 
collect information on proposals by BHCs involving

[[Page 34581]]

formations, acquisitions, mergers, and nonbanking activities. The 
Federal Reserve uses this information to evaluate each individual 
transaction with respect to financial and managerial factors, 
permissibility, competitive effects, net public benefits, financial 
stability, and the impact on the convenience and needs of affected 
communities.
    The applicant or notificant also is required to publish a notice in 
a newspaper of general circulation in the community where the head 
office of the bank to be acquired is located. The notice must state the 
name and address of the applicant and its proposed subsidiary, and it 
must invite the public to submit written comments to the appropriate 
Federal Reserve Bank.
    Legal authorization and confidentiality: The FR Y-3 application and 
FR Y-3N notification are mandatory and submitted pursuant to section 
3(a) of the BHC Act, which requires Board approval for formations, 
acquisitions, and mergers of bank holding companies (12 U.S.C. 
1842(a)), and section 5(b) of the BHC Act, which authorizes the Board 
to issue regulations and orders to carry out these functions (12 U.S.C. 
1844(b)). The FR Y-4 notification is mandatory and submitted pursuant 
to section 4(j) of the BHC Act, which requires BHCs to give advance 
written notice to the Board of any nonbanking activities (12 U.S.C. 
1843(j)), and section 5(b) of the BHC Act (12 U.S.C. 1844(b)), 
described above.
    The information submitted in the FR Y-3, Y-3N, and Y-4 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 exemption, and 
such requests for confidentiality must contain detailed justifications 
corresponding to the claimed 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 12758) requesting public comment for 60 
days on the extension, with revision, of the FR Y-3, FR Y-3N, and FR Y-
4. The Board proposes to revise the FR Y-3, FR Y-3N, and FR Y-4 forms 
and instructions in order to improve the clarity of the requests; 
reflect the impact of new laws, regulations, capital requirements and 
accounting rules; delete items that are not typically useful for the 
analysis of the proposal; and add transparency for filers regarding the 
information that is required to consider a proposal. The revisions are 
intended to make initial filings better reflect and include the 
information that Board staff requires to evaluate a transaction and 
thereby reduce the need for subsequent information requests, which may 
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. 2018-15520 Filed 7-19-18; 8:45 am]
 BILLING CODE 6210-01-P