Sunshine Act Meeting, 36590-36591 [2018-16399]

Download as PDF 36590 Federal Register / Vol. 83, No. 146 / Monday, July 30, 2018 / Notices SUMMARY OF ANNUAL BURDEN Estimated frequency of responses Mandatory ..... 4 1 7,200 On Occasion Reporting ...... Mandatory ..... 28 1 6,613 Annual .......... 185,164 Reporting ...... Mandatory ..... 9 1 39,843 Annual .......... 358,587 Reporting ...... Mandatory ..... 1 2 120 ....................... ....................... .................... .................... .................... Obligation to respond Contingent Resolution Plan (CIDI Subsidiaries of Regional Bank Holding Companies and CIDI Subsidiaries of U.S. GSIFIs). Contingent Resolution Plan—Annual Update (CIDI Subsidiaries of Regional Bank Holding Companies) *. Contingent Resolution Plan—Annual Update (CIDI Subsidiaries of U.S. GSIFIs) *. Notice of Material Change (CIDI Subsidiaries of Regional Bank Holding Companies and CIDI Subsidiaries of U.S. GSIFIs). Reporting ...... Total Hourly Burden ................................................. Estimated time per response Total annual estimated burden (hours) Estimated number of respondents Type of burden Frequency of response 28,800 On Occasion ....................... 240 572,791 daltland on DSKBBV9HB2PROD with NOTICES * Because submissions have been required no more frequently than biennially, the burden associated with the Annual Update has been multiplied by 2⁄3 to represent two Annual Update filings over the three-year period contemplated by this notice and renewal. General Description of Collection: Section 360.10 of the FDIC’s regulations (12 CFR 360.10 or the Rule) requires certain insured depository institutions (IDIs) to submit a Resolution Plan that should enable the FDIC, as receiver, to resolve the institution under Sections 11 and 13 of the Federal Deposit Insurance Act (FDI Act), 12 U.S.C. 1821 and 1823, in a manner that ensures that depositors receive access to their insured deposits within one business day of the institution’s failure (two business days if the failure occurs on a day other than Friday), maximizes the net present value return from the sale or disposition of its assets, and minimizes the amount of any loss to be realized by the institution’s creditors. An IDI with $50 billion or more in total assets (i.e., a covered IDI or CIDI) is required to submit periodically to the FDIC a contingent plan for the resolution of such institution in the event of its failure. The Rule established the requirements for submission and content of a Resolution Plan, as well as procedures for review by the FDIC. After the initial submission, the Rule requires plan submissions on an annual basis (Annual Update) unless the FDIC determines to change the submission date. A CIDI must notify the FDIC of any event, occurrence, change in conditions or circumstances or other change which results in, or reasonably could be foreseen to have, a material effect on the CIDI’s resolution plan. The Rule is intended to address the continuing exposure of the banking industry to the risks of insolvency of large and complex IDIs that can be mitigated with proper resolution planning. The Interim Final Rule, which preceded the Rule, became effective January 1, 2012, and remained in effect until it was superseded by the Rule on April 1, 2012. VerDate Sep<11>2014 20:33 Jul 27, 2018 Jkt 244001 The annual burden for this information collection is estimated to be 572,791 hours. This represents an increase of 281,305 hours from the current burden estimate of 291,486 hours. This increase is not due to any new requirements imposed by the FDIC. Rather, it is due to FDIC’s reassessment of the burden hours associated with responding to the existing requirements of the Rule and to guidance, feedback, and additional requests for information by the FDIC as part of the iterative resolution planning process. The revised estimates are informed by feedback received from the CIDIs over the past year. Because submissions have been required no more frequently than biennially, the burden associated with the Annual Update has been multiplied by 2⁄3 to represent two Annual Update filings over the three-year period contemplated by this notice and renewal. Request for Comment Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the 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; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. PO 00000 Dated at Washington, DC, on July 25, 2018. Frm 00078 Fmt 4703 Sfmt 4703 Federal Deposit Insurance Corporation. Valerie Best, Assistant Executive Secretary. [FR Doc. 2018–16186 Filed 7–27–18; 8:45 am] BILLING CODE 6714–01–P FEDERAL ELECTION COMMISSION Sunshine Act Meeting FEDERAL REGISTER CITATION NOTICE OF PREVIOUS ANNOUNCEMENT: 83 FR 35476 PREVIOUSLY ANNOUNCED TIME AND DATE OF THE MEETING: Tuesday, July 31, 2018 at 10:00 a.m. CHANGES IN THE MEETING: This meeting will also discuss: Matters concerning participation in civil actions or proceedings or arbitration. * * * * * CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. Laura E. Sinram, Deputy Secretary of the Commission. [FR Doc. 2018–16325 Filed 7–26–18; 11:15 am] BILLING CODE 6715–01–P FEDERAL ELECTION COMMISSION Sunshine Act Meeting Thursday, August 2, 2018 at 10:00 a.m. PLACE: 1050 First Street NE, Washington, DC (12th Floor). STATUS: This meeting will be open to the public. MATTERS TO BE CONSIDERED: Correction and Approval of Minutes for June 28, 2018 Draft Advisory Opinion 2018–08: Issa Draft Advisory Opinion 2018–10: United Utah Party Candidate Committee TIME AND DATE: E:\FR\FM\30JYN1.SGM 30JYN1 Federal Register / Vol. 83, No. 146 / Monday, July 30, 2018 / Notices Management and Administrative Matters CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. Individuals who plan to attend and require special assistance, such as sign language interpretation or other reasonable accommodations, should contact Dayna C. Brown, Secretary and Clerk, at (202) 694–1040, at least 72 hours prior to the meeting date. Dayna C. Brown, Secretary and Clerk of the Commission. [FR Doc. 2018–16399 Filed 7–26–18; 4:15 pm] BILLING CODE 6715–01–P FEDERAL HOUSING FINANCE AGENCY [No. 2018–N–07] Proposed Collection; Comment Request Federal Housing Finance Agency. ACTION: 30-Day notice of submission of information collection for approval from Office of Management and Budget. AGENCY: In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as ‘‘Minority and Women Inclusion,’’ which has been assigned control number 2590–0014 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on July 31, 2018. DATES: Interested persons may submit comments on or before August 29, 2018. ADDRESSES: Submit comments to the Office of Information and Regulatory Affairs of the Office of Management and Budget, Attention: Desk Officer for the Federal Housing Finance Agency, Washington, DC 20503, Fax: (202) 395– 3047, Email: OIRA_submission@ omb.eop.gov. Please also submit comments to FHFA, identified by ‘‘Proposed Collection; Comment Request: ‘Minority and Women Inclusion, (No. 2018–N–07)’ ’’ by any of the following methods: • Agency Website: www.fhfa.gov/ open-for-comment-or-input. • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. If you submit your comment to the daltland on DSKBBV9HB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 20:33 Jul 27, 2018 Jkt 244001 Federal eRulemaking Portal, please also send it by email to FHFA at RegComments@fhfa.gov to ensure timely receipt by the agency. • Mail/Hand Delivery: Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW, Washington, DC 20219, ATTENTION: Proposed Collection; Comment Request: ‘‘Minority and Women Inclusion, (No. 2018–N–07)’’. We will post all public comments we receive without change, including any personal information you provide, such as your name and address, email address, and telephone number, on the FHFA website at https://www.fhfa.gov. In addition, copies of all comments received will be available for examination by the public through the electronic comment docket for this PRA Notice also located on the FHFA website. FOR FURTHER INFORMATION CONTACT: Sylvia Martinez, Principal Policy Analyst, Office of Minority and Women Inclusion, by email at Sylvia.Martinez@ fhfa.gov or by telephone at (202) 649– 3301; or Eric Raudenbush, Associate General Counsel, Eric.Raudenbush@ fhfa.gov, (202) 649–3084 (these are not toll-free numbers); Federal Housing Finance Agency, 400 Seventh Street SW, Washington, DC 20219. The Telecommunications Device for the Hearing Impaired is (800) 877–8339. SUPPLEMENTARY INFORMATION: The Federal Housing Finance Agency (FHFA) is seeking comments on its collection of information regarding the minority and gender classification of individuals serving on the boards of directors of the Federal Home Loan Banks (Banks) and of the Office of Finance under FHFA’s regulations on Minority and Women Inclusion (MWI), codified at 12 CFR part 1223, which it will be submitting for renewal of the OMB control number under the PRA. A. Need for and Use of the Information Collection The Federal Home Loan Bank System (Bank System) consists of eleven regional Banks and the Office of Finance, which issues and services the Banks’ debt securities. The Banks are wholesale financial institutions, organized under authority of the Federal Home Loan Bank Act (Bank Act) to serve the public interest by enhancing the availability of residential housing finance and community lending credit through their member institutions and, to a limited extent, through certain eligible non-member entities. Each Bank is structured as a regional cooperative that is owned and controlled by member PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 36591 financial institutions located within its district, which are also its primary customers. The Bank Act vests the management of each Bank in a board of directors that consists of two types of directors: (1) Member directors, who are drawn from the officers and directors of member institutions located in the Bank’s district and who are elected to represent members in a particular state in that district; and (2) independent directors, who are unaffiliated with any of the Bank’s member institutions, but who reside in the Bank’s district and are elected on an at-large basis.1 The Office of Finance is also governed by a board of directors, which consists of the presidents of the eleven Banks and five independent directors.2 Section 1319A of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) requires that each of the Banks establish an Office of Minority and Women Inclusion (OMWI) to be responsible for all matters relating to diversity in its management, employment, and business activities, in accordance with requirements established by FHFA.3 Section 1319A also requires that each Bank implement standards and procedures to ensure, to the maximum extent possible, the inclusion and utilization of women and minorities ‘‘at all levels’’ of its business and activities, and submit an annual report to FHFA detailing actions taken to achieve those goals.4 FHFA’s MWI regulations implement those statutory requirements and also extend the requirements to the Office of Finance. The regulations require generally that each Bank and the Office of Finance ‘‘develop, implement, and maintain policies and procedures to ensure, to the maximum extent possible, in balance with financially safe and sound business practices, the inclusion and utilization of minorities, women, individuals with disabilities, and minority-, women-, and disabled-owned businesses in all business and activities and at all levels of the regulated entity, including in management, employment, procurement, insurance, and all types of contracts.’’ 5 In recognition of the fact that each Bank is required by statute to promote diversity and inclusion ‘‘at all levels’’ of its business and activities, the MWI regulations further require that the Banks’ policies and procedures (as well as those of the Office of Finance) ‘‘[e]ncourage the consideration of 1 See 12 U.S.C. 1427(a)(1), (b), (d). 12 CFR 1273.7(a). 3 See 12 U.S.C. 4520(a). 4 See 12 U.S.C. 4520(b), (d). 5 See 12 CFR 1223.21(b). 2 See E:\FR\FM\30JYN1.SGM 30JYN1

Agencies

[Federal Register Volume 83, Number 146 (Monday, July 30, 2018)]
[Notices]
[Pages 36590-36591]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-16399]


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FEDERAL ELECTION COMMISSION


Sunshine Act Meeting

TIME AND DATE: Thursday, August 2, 2018 at 10:00 a.m.

PLACE: 1050 First Street NE, Washington, DC (12th Floor).

STATUS: This meeting will be open to the public.

MATTERS TO BE CONSIDERED: 
Correction and Approval of Minutes for June 28, 2018
Draft Advisory Opinion 2018-08: Issa
Draft Advisory Opinion 2018-10: United Utah Party Candidate Committee

[[Page 36591]]

Management and Administrative Matters

CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, 
Telephone: (202) 694-1220.
    Individuals who plan to attend and require special assistance, such 
as sign language interpretation or other reasonable accommodations, 
should contact Dayna C. Brown, Secretary and Clerk, at (202) 694-1040, 
at least 72 hours prior to the meeting date.

Dayna C. Brown,
Secretary and Clerk of the Commission.
[FR Doc. 2018-16399 Filed 7-26-18; 4:15 pm]
 BILLING CODE 6715-01-P
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