Agency Information Collection Activities: Proposed Collection Renewal; Comment Request (OMB No. 3064-0117; -0145; and -0152), 59383-59385 [2018-25425]
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Federal Register / Vol. 83, No. 226 / Friday, November 23, 2018 / Notices
government securities broker or dealer
function of the bank.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours (from 17
hours to 13.25 hours) is the result of
economic fluctuation. In particular, the
number of respondents has decreased
from 17 to 8 while the hours per
response and frequency of responses
have remained the same.
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 November 19,
2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–25520 Filed 11–21–18; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
amozie on DSK3GDR082PROD with NOTICES1
Sunshine Act Meeting
Increase the Appraisal Threshold for
Residential Real Estate Transactions,
Implement the Residential Rural
Exemption, and Require Appropriate
Appraisal Review.
Memorandum and resolution re: Final
Rule on Transferred OTS Regulations
Regarding Fiduciary Powers of State
Savings Associations and Consent
Requirements for the Exercise of Trust
Powers.
Memorandum and resolution re: Final
Rule to Revise the FDIC’s Regulations
Concerning Inflation-Adjusted
Maximum Civil Money Penalty
Amounts.
Report of actions taken pursuant to
authority delegated by the Board of
Directors.
Discussion Agenda
Memorandum and resolution re:
Notice of Proposed Rulemaking on
Proposed Changes to Applicability
Thresholds for Regulatory Capital
Requirements and Liquidity
Requirements.
In calling the meeting, the Board
determined, on motion of Director
Martin J. Gruenberg, seconded by
Director Mick Mulvaney (Acting
Director, Consumer Financial Protection
Bureau), concurred in by Director
Joseph Otting (Comptroller of the
Currency), and Chairman Jelena
McWilliams, that Corporation business
required its consideration of the matters
on less than seven days’ notice to the
public; and that no earlier notice of the
meeting than that previously provided
on November 14, 2018, was practicable.
The meeting was held in the Board
Room located on the sixth floor of the
FDIC Building located at 550 17th Street
NW, Washington, DC.
Pursuant to the provisions of the
‘‘Government in the Sunshine Act’’ (5
U.S.C. 552b), notice is hereby given that
the Federal Deposit Insurance
Corporation’s Board of Directors met in
open session at 10:00 a.m. on Tuesday,
November 20, 2018, to consider the
following matters:
Dated: November 20, 2018
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
Summary Agenda
Disposition of minutes of previous
Board of Directors’ Meetings.
Memorandum and resolution re:
Regulatory Capital Rule: Capital
Simplification for Qualifying
Community Banking Organizations.
Memorandum and resolution re:
Notice of Proposed Rulemaking to
FEDERAL DEPOSIT INSURANCE
CORPORATION
VerDate Sep<11>2014
18:33 Nov 21, 2018
Jkt 247001
[FR Doc. 2018–25697 Filed 11–20–18; 4:15 pm]
BILLING CODE P
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0117; –0145; and –0152)
Federal Deposit Insurance
Corporation (FDIC).
AGENCY:
PO 00000
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ACTION:
59383
Notice and request for comment.
The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collections described
below.
SUMMARY:
Comments must be submitted on
or before January 22, 2019.
DATES:
Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• 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: Manny Cabeza (202–898–
3767), Counsel, MB–3007, 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 NW 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 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.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Counsel, 202–898–3767,
mcabeza@fdic.gov, MB–3007, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal To Renew the Following
Currently Approved Collections of
Information
1. Title: Multi-to-Stock Conversion of
State Savings Banks.
OMB Number: 3064–0117.
Form Number: None.
Affected Public: Insured state savings
associations.
Burden Estimate:
E:\FR\FM\23NON1.SGM
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59384
Federal Register / Vol. 83, No. 226 / Friday, November 23, 2018 / Notices
SUMMARY OF ANNUAL BURDEN
Multi-to-Stock Conversion of State Savings Bank.
Total Hourly Burden .......................
Total annual
estimated
burden
(hours)
Estimated
frequency of
responses
Mandatory .............
5
1
250 hours
On Occasion .........
1,250.
................................
....................
....................
....................
................................
1,250 hours.
Obligation to
respond
Reporting ...............
................................
General Description of Collection
State savings associations must file a
notice of intent to convert to stock form,
and provide the FDIC with copies of
documents filed with state and federal
banking and/or securities regulators in
connection with any proposed mutualto-stock conversion.
Estimated
time per
response
(hours)
Estimated
number of
respondents
Type of burden
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is the result
of economic fluctuation. In particular,
the number of respondents has
decreased while the hours per response
and frequency of responses have
remained the same.
Frequency of
response
2. Title: Notice Regarding
Unauthorized Access to Customer
Information.
OMB Number: 3064–0145.
Form Number: None.
Affected Public: Insured state
nonmember banks.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Estimated
number of
respondents
Type of burden
Implementation (One Time):
Develop Policies and
Procedures for Response Program.
Ongoing:
Notice Regarding Unauthorized Access to
Customer Information.
Total Estimated Annual Burden.
Estimated time
per response
(hours)
Frequency of response
Total
estimated
annual burden
hours
Recordkeeping ......................
2
24
1 ............................................
48
Third Party Disclosure ..........
315
36 hours
On Occasion .........................
11,340
...............................................
........................
........................
...............................................
11,388
General Description of Collection:
The Interagency Guidance on
Response Programs for Unauthorized
Access to Customer Information and
Customer Notice describes the federal
banking agencies’ expectations
regarding a response program, including
customer notification procedures, that a
financial institution should develop and
apply under the circumstances
described in the Guidance to address
unauthorized access to or use of
customer information that could result
in substantial harm or inconvenience to
a customer. The Guidance advises
financial institutions when and how
they might: (1) Develop notices to
customers; (2) in certain circumstances
defined in the Guidance, determine
which customers should receive the
notices and (3) send the notices to
customers.
There is no change in the method or
substance of the information collection.
With respect to the third party
disclosure requirements associated with
providing notices regarding
unauthorized access to customer
information, the FDIC revised its
estimate of the response time from 29
hours per response to 36 hours per
response. The agency also revised its
estimate of the number of annual
respondents from 80 to 315 to reflect
current industry trend data.
3. Title: Identity Theft Red Flags.
OMB Number: 3064–0152.
Form Number: None.
Affected Public: Insured state
nonmember banks.
Burden Estimate:
amozie on DSK3GDR082PROD with NOTICES1
SUMMARY OF ANNUAL BURDEN
Estimated
number of
respondents
Estimated
frequency of
responses
Estimated
time
per
response
(hours)
FACT Act Sections 114 and 315—Establish policies and Procedures.
FACT Act Section 315—Establish policies and Procedures.
Recordkeeping ......
Mandatory .............
3,575
1
16
On Occasion .........
57,200
Third-Party Disclosure.
Mandatory .............
3,575
1
4
On Occasion .........
14,300
Total Hourly Burden .......................
................................
................................
....................
....................
....................
................................
71, 500
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Frequency of
response
Total annual
estimated
burden
(hours)
Type of burden
Obligation to
respond
23NON1
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Federal Register / Vol. 83, No. 226 / Friday, November 23, 2018 / Notices
General Description of Collection
The regulation containing this
information collection requirement is 12
CFR part 334, which implements
sections 114 and 315 of the Fair and
Accurate Credit Transactions Act of
2003 (FACT Act), Public Law 108–159
(2003).
FACT Act Section 114: Section 114
requires the Board of Governors of the
Federal Reserve System, the Office of
the Comptroller of the Currency and the
FDIC (the Agencies) to jointly propose
guidelines for financial institutions and
creditors identifying patterns, practices,
and specific forms of activity that
indicate the possible existence of
identity theft. In addition, each financial
institution and creditor is required to
establish reasonable policies and
procedures to address the risk of
identity theft that incorporate the
guidelines. Credit card and debit card
issuers must develop policies and
procedures to assess the validity of a
request for a change of address under
certain circumstances. The information
collections pursuant to section 114
require each financial institution and
creditor to create an Identity Theft
Prevention Program and report to the
board of directors, a committee thereof,
or senior management at least annually
on compliance with the proposed
regulations. In addition, staff must be
trained to carry out the program. Each
credit and debit card issuer is required
to establish policies and procedures to
assess the validity of a change of
address request. The card issuer must
notify the cardholder or use another
means to assess the validity of the
change of address.
FACT Act Section 315: Section 315
requires the Agencies to issue
regulations providing guidance
regarding reasonable policies and
procedures that a user of consumer
reports must employ when such a user
receives a notice of address discrepancy
from a consumer reporting agencies.
Part 334 provides such guidance. Each
user of consumer reports must develop
reasonable policies and procedures that
it will follow when it receives a notice
of address discrepancy from a consumer
reporting agency. A user of consumer
reports must furnish an address that the
user has reasonably confirmed to be
accurate to the consumer reporting
agency from which it receives a notice
of address discrepancy.
There is no change in the method or
substance of the information collection.
The total estimated annual burden
hours have increased because of the
inclusion of the agency’s estimate of
third-party disclosure burden associated
VerDate Sep<11>2014
18:33 Nov 21, 2018
Jkt 247001
with the notices required by Section 315
of the FACT Act which were previously
not included because the agencies had
taken the position that the entities
covered by the regulation were already
furnishing addresses that they had
reasonably confirmed to be accurate to
consumer reporting agencies from
which they receive a notice of address
discrepancy as a usual and customary
business practice. The above burden
estimate now includes burden for the
third-party disclosure requirements
associated with Section 315 which
resulted in an increase in estimated
annual burden of 14, 300 hours. This
increase was offset, in part, by a
reduction in the estimated number of
respondents from 4, 017 to 3,575 which
resulted in a decrease in the estimated
annual burden for the recordkeeping
requirement associated with Sections
114 and 315 from 64, 272 hour to 57,200
hours. The net effect of the revision is
an increase in estimated annual burden
from 64,272 hours to 71,500 hours.
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 November 16,
2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–25425 Filed 11–21–18; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL RETIREMENT THRIFT
INVESTMENT
Agenda; Board Meeting
November 27, 2018, 8:30 a.m.
(In-Person)
Open Session
1. Approval of the minutes for the
October 22, 2018 Board Member
Meeting
2. Monthly Reports
(a) Participant Activity
PO 00000
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59385
(b) Investment Performance
(c) Legislative Report
3. Quarterly Reports
(d) Metrics
4. Office of Participant Services Annual
Report
5. Office of Enterprise Planning Annual
Report
6. Withdrawal Project Update
Closed Session
Material covered by 5 U.S.C. (c)(4),
(c)(6), and (c)(9)(B).
FOR FURTHER INFORMATION CONTACT:
Kimberly Weaver, Director, Office of
External Affairs, (202) 942–1640.
Dated: November 19, 2018.
Megan G. Grumbine,
General Counsel, Federal Retirement Thrift
Investment Board.
[FR Doc. 2018–25543 Filed 11–21–18; 8:45 am]
BILLING CODE P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Administration for Children and
Families
Submission for OMB Review;
Comment Request
Title: Phase II Evaluation Activities
for Implementing a Next Generation
Evaluation Agenda for the Chafee Foster
Care Independence Program—Extension
OMB No.: 0970–0489.
Description: The Administration for
Children and Families (ACF), Office of
Planning Research and Evaluation
(OPRE) is proposing an extension of a
currently approved information
collection (OMB no. 1970–0489). The
information collection activities are part
of the Phase II Evaluation Activities for
Implementing a Next Generation
Evaluation Agenda for the Chafee Foster
Care Independence Program (now
known as the Chafee Foster Care
Program for the Successful Transition to
Adulthood). The purpose of the
extension is to continue the ongoing
information collection, which consists
of site visits by staff from the Urban
Institute and Chapin Hall at the
University of Chicago to conduct
formative evaluations of programs
serving transition-age foster youth. The
evaluations include preliminary visits to
discuss the evaluation process with
program administrators and site visits to
each program to speak with program
leaders, partners and key stakeholders,
front-line staff, and participants. These
formative evaluations will determine
programs’ readiness for more rigorous
evaluation in the future. The activities
and products from this project will help
E:\FR\FM\23NON1.SGM
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]]>Agencies
[Federal Register Volume 83, Number 226 (Friday, November 23, 2018)]
[Notices]
[Pages 59383-59385]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-25425]
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request (OMB No. 3064-0117; -0145; and -0152)
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the general public and other
Federal agencies to take this opportunity to comment on the renewal of
the existing information collections described below.
DATES: Comments must be submitted on or before January 22, 2019.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
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: Manny Cabeza (202-898-3767), Counsel, MB-3007,
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 NW 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 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: Manny Cabeza, Counsel, 202-898-3767,
[email protected], MB-3007, Federal Deposit Insurance Corporation, 550
17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal To Renew the Following Currently Approved Collections of
Information
1. Title: Multi-to-Stock Conversion of State Savings Banks.
OMB Number: 3064-0117.
Form Number: None.
Affected Public: Insured state savings associations.
Burden Estimate:
[[Page 59384]]
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) (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Multi-to-Stock Conversion of State Reporting........... Mandatory........... 5 1 250 hours On Occasion......... 1,250.
Savings Bank.
Total Hourly Burden........... .................... .................... ........... ........... ........... .................... 1,250
hours.
--------------------------------------------------------------------------------------------------------------------------------------------------------
General Description of Collection
State savings associations must file a notice of intent to convert
to stock form, and provide the FDIC with copies of documents filed with
state and federal banking and/or securities regulators in connection
with any proposed mutual-to-stock conversion.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is the result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response and frequency of responses have remained
the same.
2. Title: Notice Regarding Unauthorized Access to Customer
Information.
OMB Number: 3064-0145.
Form Number: None.
Affected Public: Insured state nonmember banks.
Burden Estimate:
Summary of Annual Burden
----------------------------------------------------------------------------------------------------------------
Total
Estimated Estimated time Frequency of estimated
Type of burden number of per response response annual burden
respondents (hours) hours
----------------------------------------------------------------------------------------------------------------
Implementation (One Time):
Develop Policies and Recordkeeping... 2 24 1.............. 48
Procedures for Response
Program.
Ongoing:
Notice Regarding Third Party 315 36 hours On Occasion.... 11,340
Unauthorized Access to Disclosure.
Customer Information.
-------------------------------- ---------------
Total Estimated ................ .............. .............. ............... 11,388
Annual Burden.
----------------------------------------------------------------------------------------------------------------
General Description of Collection:
The Interagency Guidance on Response Programs for Unauthorized
Access to Customer Information and Customer Notice describes the
federal banking agencies' expectations regarding a response program,
including customer notification procedures, that a financial
institution should develop and apply under the circumstances described
in the Guidance to address unauthorized access to or use of customer
information that could result in substantial harm or inconvenience to a
customer. The Guidance advises financial institutions when and how they
might: (1) Develop notices to customers; (2) in certain circumstances
defined in the Guidance, determine which customers should receive the
notices and (3) send the notices to customers.
There is no change in the method or substance of the information
collection. With respect to the third party disclosure requirements
associated with providing notices regarding unauthorized access to
customer information, the FDIC revised its estimate of the response
time from 29 hours per response to 36 hours per response. The agency
also revised its estimate of the number of annual respondents from 80
to 315 to reflect current industry trend data.
3. Title: Identity Theft Red Flags.
OMB Number: 3064-0152.
Form Number: None.
Affected Public: Insured state nonmember banks.
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) (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
FACT Act Sections 114 and 315-- Recordkeeping....... Mandatory........... 3,575 1 16 On Occasion......... 57,200
Establish policies and Procedures.
FACT Act Section 315--Establish Third-Party Mandatory........... 3,575 1 4 On Occasion......... 14,300
policies and Procedures. Disclosure.
-------------------------------------------------------------------------
Total Hourly Burden........... .................... .................... ........... ........... ........... .................... 71, 500
--------------------------------------------------------------------------------------------------------------------------------------------------------
[[Page 59385]]
General Description of Collection
The regulation containing this information collection requirement
is 12 CFR part 334, which implements sections 114 and 315 of the Fair
and Accurate Credit Transactions Act of 2003 (FACT Act), Public Law
108-159 (2003).
FACT Act Section 114: Section 114 requires the Board of Governors
of the Federal Reserve System, the Office of the Comptroller of the
Currency and the FDIC (the Agencies) to jointly propose guidelines for
financial institutions and creditors identifying patterns, practices,
and specific forms of activity that indicate the possible existence of
identity theft. In addition, each financial institution and creditor is
required to establish reasonable policies and procedures to address the
risk of identity theft that incorporate the guidelines. Credit card and
debit card issuers must develop policies and procedures to assess the
validity of a request for a change of address under certain
circumstances. The information collections pursuant to section 114
require each financial institution and creditor to create an Identity
Theft Prevention Program and report to the board of directors, a
committee thereof, or senior management at least annually on compliance
with the proposed regulations. In addition, staff must be trained to
carry out the program. Each credit and debit card issuer is required to
establish policies and procedures to assess the validity of a change of
address request. The card issuer must notify the cardholder or use
another means to assess the validity of the change of address.
FACT Act Section 315: Section 315 requires the Agencies to issue
regulations providing guidance regarding reasonable policies and
procedures that a user of consumer reports must employ when such a user
receives a notice of address discrepancy from a consumer reporting
agencies. Part 334 provides such guidance. Each user of consumer
reports must develop reasonable policies and procedures that it will
follow when it receives a notice of address discrepancy from a consumer
reporting agency. A user of consumer reports must furnish an address
that the user has reasonably confirmed to be accurate to the consumer
reporting agency from which it receives a notice of address
discrepancy.
There is no change in the method or substance of the information
collection. The total estimated annual burden hours have increased
because of the inclusion of the agency's estimate of third-party
disclosure burden associated with the notices required by Section 315
of the FACT Act which were previously not included because the agencies
had taken the position that the entities covered by the regulation were
already furnishing addresses that they had reasonably confirmed to be
accurate to consumer reporting agencies from which they receive a
notice of address discrepancy as a usual and customary business
practice. The above burden estimate now includes burden for the third-
party disclosure requirements associated with Section 315 which
resulted in an increase in estimated annual burden of 14, 300 hours.
This increase was offset, in part, by a reduction in the estimated
number of respondents from 4, 017 to 3,575 which resulted in a decrease
in the estimated annual burden for the recordkeeping requirement
associated with Sections 114 and 315 from 64, 272 hour to 57,200 hours.
The net effect of the revision is an increase in estimated annual
burden from 64,272 hours to 71,500 hours.
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 November 16, 2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018-25425 Filed 11-21-18; 8:45 am]
BILLING CODE 6714-01-P
