Agency Information Collection Activities: Submission for OMB Review; Comment Request (OMB No. 3064-0185), 54351-54352 [2018-23500]
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54351
Federal Register / Vol. 83, No. 209 / Monday, October 29, 2018 / Notices
Comments must be submitted on
or before November 28, 2018.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• Agency Website: https://
www.FDIC.gov/regulations/laws/federal.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Jennifer Jones (202–898–
6768), Counsel, MB–3105, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street Building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant Office of Management and
Budget (OMB) control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Jennifer Jones, Counsel, 202–898–6768,
DATES:
[FR Doc. 2018–23585 Filed 10–26–18; 8:45 am]
BILLING CODE 6560–50–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request (OMB No.
3064–0185)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:
The FDIC, pursuant to the
mandatory reporting requirements of the
Paperwork Reduction Act of 1995 (PRA)
(OMB No. 3064–0185), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collection. On July 30,
2018, the FDIC requested comment for
60 days on a proposal to renew the
information collection described below.
One comment was received. The FDIC
hereby gives notice of its plan to submit
to OMB a request to approve the
renewal of this collection, and again
invites comment on this renewal.
SUMMARY:
jennjones@fdic.gov, MB–3105, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On July
30, 2018, the FDIC requested comment
for 60 days on a proposal to renew the
information collection described below.
One comment was received which
suggested policy changes to the
underlying rule, Section 360.10 of the
FDIC’s regulations (12 CFR 360.10 or the
Rule), which is currently under review.
However, the comment did not address
the accuracy of the PRA estimates.
Therefore, the FDIC hereby gives notice
of its plan to submit to OMB a request
to approve the renewal of this
collection, and again invites comment
on this renewal.
Proposal to renew the following
currently approved collection of
information:
1. Title: Resolution Plans Required for
Insured Depository Institutions With
$50 Billion or More in Total Assets.
OMB Number: 3064–0185.
Form Number: None.
Affected Public: Large and Highly
Complex Depository Institutions.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Estimated
frequency of
responses
Mandatory .......
4
1
7,200
On Occasion ...
28,800
Reporting .........
Mandatory .......
28
1
6,613
Annual .............
185,164
Reporting .........
Mandatory .......
9
1
39,843
Annual .............
358,587
Reporting .........
Mandatory .......
1
2
120
On Occasion ...
240
.........................
.........................
....................
....................
....................
.........................
572,791
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
amozie on DSK3GDR082PROD with NOTICES1
* 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:
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
VerDate Sep<11>2014
17:48 Oct 26, 2018
Jkt 247001
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
PO 00000
Frm 00044
Fmt 4703
Sfmt 4703
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.
E:\FR\FM\29OCN1.SGM
29OCN1
54352
Federal Register / Vol. 83, No. 209 / Monday, October 29, 2018 / Notices
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.
Dated at Washington, DC, on October 23,
2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–23500 Filed 10–26–18; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
amozie on DSK3GDR082PROD with NOTICES1
FEDERAL REGISTER CITATION NOTICE OF
PREVIOUS ANNOUNCEMENT: 83 FR 52832.
PREVIOUSLY ANNOUNCED TIME AND DATE OF
THE MEETING: Tuesday, October 23, 2018
at 10:00 a.m.
The meeting
was continued on Thursday, October 25,
2018.
*
*
*
*
*
CHANGES IN THE MEETING:
VerDate Sep<11>2014
17:48 Oct 26, 2018
Jkt 247001
CONTACT PERSON FOR MORE INFORMATION:
Judith Ingram, Press Officer, Telephone:
(202) 694–1220.
Laura E. Sinram,
Deputy Secretary of the Commission.
[FR Doc. 2018–23717 Filed 10–25–18; 4:15 pm]
BILLING CODE 6715–01–P
GENERAL SERVICES
ADMINISTRATION
[Notice MV–2018–01; Docket No. 2018–0002,
Sequence No. 29]
Federal Acquisition Regulation; FY
2019 FAR Reissue Posted to the
Acquisition.gov Website
General Services
Administration (GSA).
ACTION: Notice.
AGENCY:
This notice advises users that
the FY 2019 Federal Acquisition
Regulation (FAR) Reissue will be
available for download at https://
www.acquisition.gov/browsefar.
DATES: Applicable date: November 13,
2018.
SUMMARY:
The
Regulatory Secretariat Division, at 202–
501–4755; or via email at GSARegSec@
gsa.gov. Please cite 2019 FAR Reissue
Posted to the Acquisition.gov website.
SUPPLEMENTARY INFORMATION:
Periodically, the FAR is reissued
because of administrative necessity.
Although the reissue does not alter the
language of the FAR, it does contain
several administrative updates to
improve the user experience and
increase accessibility. The following
updates are to features that do not
appear in the Code of Federal
Regulations:
• Future Federal Acquisition
Circulars (FAC) will be renumbered so
that the next issued FAC will be FAC
2019–01. This reissue will replace the
prior numbering system which used
FACs 2005–01 through FAC 2005–101.
Because of the renumbering, the
Foreword section of the FAR will be
updated to reflect the current FAC
number.
• The FAR Looseleaf package will no
longer be offered. Instead, a List of
Sections Affected (LSA) will be
included on the https://acquisition.gov
website, and updated for each FAC.
• The matrix will continue to be
available in the PDF version of the FAR.
However, acquisition.gov will be
releasing the new Smart Matrix. The
new FAR Smart Matrix includes a
filterable clause matrix, file saving
options, improved search capabilities,
FOR FURTHER INFORMATION CONTACT:
PO 00000
Frm 00045
Fmt 4703
Sfmt 4703
as well as hyperlinked clauses,
provisions and prescriptions to the
current version of the FAR.
• The FAR will be available in
HTML, XML, Word, and PDF formats.
Users intending to print the FAR can
refer to the Adobe PDF file.
• FAR Proposed Rule Publications
that are open for comments are available
at https://acquisition.gov/requesting_
comments.
• The Federal Alert Notices (FAN) are
available at https://acquisition.gov/fan_
list.
Although these changes do not alter
the Code of Federal Regulations, they
will provide smoother access to the FAR
for new and experienced users alike.
Please contact the Regulatory Secretariat
Division with any questions or
concerns.
Dated: October 24, 2018.
William F. Clark,
Director, Office of Government-wide
Acquisition Policy, Office of Acquisition
Policy, Office of Government-wide Policy.
[FR Doc. 2018–23568 Filed 10–26–18; 8:45 am]
BILLING CODE 6820–EP–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Medicare & Medicaid
Services
[Document Identifiers: CMS–10492, CMS–
10664, and CMS–R–74]
Agency Information Collection
Activities: Proposed Collection;
Comment Request
Centers for Medicare &
Medicaid Services, HHS.
ACTION: Notice.
AGENCY:
The Centers for Medicare &
Medicaid Services (CMS) is announcing
an opportunity for the public to
comment on CMS’ intention to collect
information from the public. Under the
Paperwork Reduction Act of 1995 (the
PRA), federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information (including each proposed
extension or reinstatement of an existing
collection of information) and to allow
60 days for public comment on the
proposed action. Interested persons are
invited to send comments regarding our
burden estimates or any other aspect of
this collection of information, including
the necessity and utility of the proposed
information collection for the proper
performance of the agency’s functions,
the accuracy of the estimated burden,
ways to enhance the quality, utility, and
SUMMARY:
E:\FR\FM\29OCN1.SGM
29OCN1
]]>Agencies
[Federal Register Volume 83, Number 209 (Monday, October 29, 2018)]
[Notices]
[Pages 54351-54352]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-23500]
=======================================================================
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Comment Request (OMB No. 3064-0185)
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The FDIC, pursuant to the mandatory reporting requirements of
the Paperwork Reduction Act of 1995 (PRA) (OMB No. 3064-0185), invites
the general public and other Federal agencies to take this opportunity
to comment on the renewal of the existing information collection. On
July 30, 2018, the FDIC requested comment for 60 days on a proposal to
renew the information collection described below. One comment was
received. The FDIC hereby gives notice of its plan to submit to OMB a
request to approve the renewal of this collection, and again invites
comment on this renewal.
DATES: Comments must be submitted on or before November 28, 2018.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
Agency Website: https://www.FDIC.gov/regulations/laws/federal.
Email: [email protected]. Include the name and number of
the collection in the subject line of the message.
Mail: Jennifer Jones (202-898-6768), Counsel, MB-3105,
Federal Deposit Insurance Corporation, 550 17th Street NW, Washington,
DC 20429.
Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street Building (located on F Street),
on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant Office of Management and
Budget (OMB) control number. A copy of the comments may also be
submitted to the OMB desk officer for the FDIC: Office of Information
and Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Jennifer Jones, Counsel, 202-898-6768,
[email protected], MB-3105, Federal Deposit Insurance Corporation, 550
17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On July 30, 2018, the FDIC requested comment
for 60 days on a proposal to renew the information collection described
below. One comment was received which suggested policy changes to the
underlying rule, Section 360.10 of the FDIC's regulations (12 CFR
360.10 or the Rule), which is currently under review. However, the
comment did not address the accuracy of the PRA estimates. Therefore,
the FDIC hereby gives notice of its plan to submit to OMB a request to
approve the renewal of this collection, and again invites comment on
this renewal.
Proposal to renew the following currently approved collection of
information:
1. Title: Resolution Plans Required for Insured Depository
Institutions With $50 Billion or More in Total Assets.
OMB Number: 3064-0185.
Form Number: None.
Affected Public: Large and Highly Complex Depository Institutions.
Burden Estimate:
Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total
Estimated Estimated Estimated annual
Type of burden Obligation to number of frequency time per Frequency of estimated
respond respondents of response response burden
responses (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Contingent Resolution Plan (CIDI Reporting............ Mandatory........... 4 1 7,200 On Occasion......... 28,800
Subsidiaries of Regional Bank
Holding Companies and CIDI
Subsidiaries of U.S. GSIFIs).
Contingent Resolution Plan-- Reporting............ Mandatory........... 28 1 6,613 Annual.............. 185,164
Annual Update (CIDI Subsidiaries
of Regional Bank Holding
Companies) *.
Contingent Resolution Plan-- Reporting............ Mandatory........... 9 1 39,843 Annual.............. 358,587
Annual Update (CIDI Subsidiaries
of U.S. GSIFIs) *.
Notice of Material Change (CIDI Reporting............ Mandatory........... 1 2 120 On Occasion......... 240
Subsidiaries of Regional Bank
Holding Companies and CIDI
Subsidiaries of U.S. GSIFIs).
--------------------------------------- ------------
Total Hourly Burden.......... ..................... .................... ........... ........... ........... .................... 572,791
--------------------------------------------------------------------------------------------------------------------------------------------------------
* 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:
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.
[[Page 54352]]
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.
Dated at Washington, DC, on October 23, 2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018-23500 Filed 10-26-18; 8:45 am]
BILLING CODE 6714-01-P
