Proposed Agency Information Collection Activities; Comment Request, 61635-61636 [2018-26089]
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Federal Register / Vol. 83, No. 231 / Friday, November 30, 2018 / Notices
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, with revision, the
Application to Become a Savings and
Loan Holding Company or to Acquire a
Savings Association or Savings and
Loan Holding Company (FR LL–10(e);
OMB No. 7100–0336).
DATES: Comments must be submitted on
or before January 29, 2019.
ADDRESSES: You may submit comments,
identified by FR LL–10(e), by any of the
following methods:
• Agency website: https://
www.federalreserve.gov. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Email: regs.comments@
federalreserve.gov. Include OMB
number in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments are available
from the Board’s website at https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper form in Room 3515, 1801 K Street
NW (between 18th and 19th Streets
NW), Washington, DC 20006 between 9
a.m. and 5 p.m. on weekdays. For
security reasons, the Board requires that
visitors make an appointment to inspect
comments. You may do so by calling
(202) 452–3684. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and to submit to security screening in
order to inspect and photocopy
comments.
Additionally, commenters may send a
copy of their comments to the OMB
Desk Officer—Shagufta Ahmed—Office
of Information and Regulatory Affairs,
Office of Management and Budget, New
Executive Office Building, Room 10235,
amozie on DSK3GDR082PROD with NOTICES1
SUMMARY:
VerDate Sep<11>2014
17:00 Nov 29, 2018
Jkt 247001
725 17th Street NW, Washington, DC
20503, or by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: A
copy of the PRA OMB submission,
including the proposed reporting form
and instructions, supporting statement,
and other documentation will be placed
into OMB’s public docket files, if
approved. These documents will also be
made available on the Board’s public
website at https://
www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears below.
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.
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 and
assign OMB control numbers to
collection of information requests and
requirements conducted or sponsored
by the Board. In exercising this
delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Board’s functions,
including whether the information has
practical utility;
b. The accuracy of the Board’s
estimate of the burden of the proposed
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;
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
PO 00000
Frm 00037
Fmt 4703
Sfmt 4703
61635
e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Board should
modify the proposal.
Proposal Under OMB Delegated
Authority To Extend for Three Years,
With Revision, the Following
Information Collection
Report title: Application to Become a
Savings and Loan Holding Company or
to Acquire a Savings Association or
Savings and Loan Holding Company.
Agency form number: FR LL–10(e).
OMB control number: 7100–0336.
Frequency: Event generated.
Respondents: Entities seeking prior
approval to become or acquire a savings
and loan holding company (SLHC).
Estimated number of respondents: 15.
Estimated average hours per response:
60.
Estimated annual burden hours: 900.
General description of report: This
collection of information consists of
information that must be filed in
connection with certain proposals
involving the formation, acquisition, or
merger of an SLHC. The Board requires
the submission of this filing from an
applicant for regulatory and supervisory
purposes and to allow the Board to
fulfill its statutory obligations to review
these transactions under section 10(e) of
the Home Owners’ Loan Act (HOLA)
and the Board’s Regulation LL—Savings
and Loan Holding Companies. The
Board uses the information submitted
by applicants to evaluate these
transactions with respect to the
financial and managerial resources and
future prospects of the company(ies)
and savings association(s) involved, the
effect of the acquisition on the savings
association(s), the insurance risk to the
Deposit Insurance Fund, the
convenience and needs of communities
to be served, and competitive effects.1
Proposed revisions: The Board
proposes to change the name and title
of its current Form H-(e), which the
Board inherited from the Office of Thrift
Supervision (OTS) when the OTS’s
supervisory authority over SLHCs was
transferred to the Board, to Application
to Become a Savings and Loan Holding
Company or to Acquire a Savings
Association or Savings and Loan
Holding Company (FR LL–10(e)), and to
make numerous other revisions to this
collection of information. These changes
would make the form consistent with
1 See
E:\FR\FM\30NON1.SGM
12 U.S.C. 1467a(e)(2).
30NON1
61636
Federal Register / Vol. 83, No. 231 / Friday, November 30, 2018 / Notices
the format of other Board forms;
incorporate information on the Board’s
policies and procedures for processing
applications; improve the clarity of the
information requests; reflect the impact
of new laws, regulations, capital
requirements, and accounting rules; and
delete information requests that are not
typically useful for the analysis of a
proposed transaction. The revisions also
are intended to increase transparency by
ensuring that initial filings include the
information that the Federal Reserve
System requires to evaluate a
transaction and thereby reducing the
need for subsequent information
requests, which may delay the Board’s
consideration of a filing and create
additional burden for filers.
Legal authorization and
confidentiality: The FR LL–10(e) is
authorized pursuant to Section 10(b)(2)
of the Home Owners’ Loan Act (12
U.S.C. 1467a(b)) and is mandatory. The
information on the FR LL–10(e) is not
considered confidential unless the
applicant requests confidential
treatment pursuant to exemption 4
(confidential business information) or 6
(confidential personal information) of
the Freedom of Information Act, 5
U.S.C. 552(b)(4) and (b)(6). All such
requests for confidential treatment
would be reviewed on a case-by-case
basis.
Board of Governors of the Federal Reserve
System, November 27, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018–26089 Filed 11–29–18; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Domestic Branch Notification (FR 4001;
OMB No. 7100–0097).
DATES: Comments must be submitted on
or before January 29, 2019.
ADDRESSES: You may submit comments,
identified by FR 4001, by any of the
following methods:
• Agency website: https://
www.federalreserve.gov. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
amozie on DSK3GDR082PROD with NOTICES1
SUMMARY:
VerDate Sep<11>2014
17:00 Nov 29, 2018
Jkt 247001
• Email: regs.comments@
federalreserve.gov. Include OMB
number in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments are available from
the Board’s website at https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons or to
remove sensitive PII (personally
identifiable information) at the
commenter’s request. Public comments
may also be viewed electronically or in
paper form in Room 3515, 1801 K Street
NW. (between 18th and 19th Streets
NW), Washington, DC 20006 between 9
a.m. and 5 p.m. on weekdays. For
security reasons, the Board requires that
visitors make an appointment to inspect
comments. You may do so by calling
(202) 452–3684. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and to submit to security screening in
order to inspect and photocopy
comments.
Additionally, commenters may send a
copy of their comments to the 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.
FOR FURTHER INFORMATION CONTACT: A
copy of the PRA OMB submission,
including the proposed reporting form
and instructions, supporting statement,
and other documentation will be placed
into OMB’s public docket files, once
approved. These documents will also be
made available on the Board’s public
website at: https://
www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears below.
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.
SUPPLEMENTARY INFORMATION: On June
15, 1984, the Office of Management and
Budget (OMB) delegated to the Board
authority under the Paperwork
PO 00000
Frm 00038
Fmt 4703
Sfmt 4703
Reduction Act (PRA) to approve of and
assign OMB control numbers to
collection of information requests and
requirements conducted or sponsored
by the Board. In exercising this
delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Board’s functions;
including whether the information has
practical utility;
b. The accuracy of the Board’s
estimate of the burden of the proposed
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;
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Board should
modify the proposal prior.
Proposal To Approve Under OMB
Delegated Authority the Extension for
Three Years, Without Revision, of the
Following Report
Report title: Domestic Branch
Notification.
Agency form number: FR 4001.
OMB control number: 7100–0097.
Frequency: On Occasion.
Respondents: State member banks
(SMBs).
Estimated number of respondents:
320.
Estimated average hours per response:
Expedited notifications, 1.5 hours; and
nonexpedited notifications, 2 hours.
Estimated annual burden hours:
Expedited notifications, 98 hours; and
nonexpedited notifications, 510 hours.
General description of report: The
Federal Reserve Act and the Board’s
E:\FR\FM\30NON1.SGM
30NON1
Agencies
[Federal Register Volume 83, Number 231 (Friday, November 30, 2018)]
[Notices]
[Pages 61635-61636]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-26089]
[[Page 61635]]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, with revision,
the Application to Become a Savings and Loan Holding Company or to
Acquire a Savings Association or Savings and Loan Holding Company (FR
LL-10(e); OMB No. 7100-0336).
DATES: Comments must be submitted on or before January 29, 2019.
ADDRESSES: You may submit comments, identified by FR LL-10(e), by any
of the following methods:
Agency website: https://www.federalreserve.gov. Follow the
instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
Email: [email protected]. Include OMB
number in the subject line of the message.
Fax: (202) 452-3819 or (202) 452-3102.
Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
All public comments are available from the Board's website at
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted,
unless modified for technical reasons. Accordingly, your comments will
not be edited to remove any identifying or contact information. Public
comments may also be viewed electronically or in paper form in Room
3515, 1801 K Street NW (between 18th and 19th Streets NW), Washington,
DC 20006 between 9 a.m. and 5 p.m. on weekdays. For security reasons,
the Board requires that visitors make an appointment to inspect
comments. You may do so by calling (202) 452-3684. Upon arrival,
visitors will be required to present valid government-issued photo
identification and to submit to security screening in order to inspect
and photocopy comments.
Additionally, commenters may send a copy of their comments to the
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.
FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission,
including the proposed reporting form and instructions, supporting
statement, and other documentation will be placed into OMB's public
docket files, if approved. These documents will also be made available
on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance
officer, whose name appears below.
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.
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 and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board. In exercising this delegated authority, the
Board is directed to take every reasonable step to solicit comment. In
determining whether to approve a collection of information, the Board
will consider all comments received from the public and other agencies.
Request for Comment on Information Collection Proposal
The Board invites public comment on the following information
collection, which is being reviewed under authority delegated by the
OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Board's functions, including whether the
information has practical utility;
b. The accuracy of the Board's estimate of the burden of the
proposed 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;
d. Ways to minimize the burden of information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
e. Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Extend for Three Years, With
Revision, the Following Information Collection
Report title: Application to Become a Savings and Loan Holding
Company or to Acquire a Savings Association or Savings and Loan Holding
Company.
Agency form number: FR LL-10(e).
OMB control number: 7100-0336.
Frequency: Event generated.
Respondents: Entities seeking prior approval to become or acquire a
savings and loan holding company (SLHC).
Estimated number of respondents: 15.
Estimated average hours per response: 60.
Estimated annual burden hours: 900.
General description of report: This collection of information
consists of information that must be filed in connection with certain
proposals involving the formation, acquisition, or merger of an SLHC.
The Board requires the submission of this filing from an applicant for
regulatory and supervisory purposes and to allow the Board to fulfill
its statutory obligations to review these transactions under section
10(e) of the Home Owners' Loan Act (HOLA) and the Board's Regulation
LL--Savings and Loan Holding Companies. The Board uses the information
submitted by applicants to evaluate these transactions with respect to
the financial and managerial resources and future prospects of the
company(ies) and savings association(s) involved, the effect of the
acquisition on the savings association(s), the insurance risk to the
Deposit Insurance Fund, the convenience and needs of communities to be
served, and competitive effects.\1\
---------------------------------------------------------------------------
\1\ See 12 U.S.C. 1467a(e)(2).
---------------------------------------------------------------------------
Proposed revisions: The Board proposes to change the name and title
of its current Form H-(e), which the Board inherited from the Office of
Thrift Supervision (OTS) when the OTS's supervisory authority over
SLHCs was transferred to the Board, to Application to Become a Savings
and Loan Holding Company or to Acquire a Savings Association or Savings
and Loan Holding Company (FR LL-10(e)), and to make numerous other
revisions to this collection of information. These changes would make
the form consistent with
[[Page 61636]]
the format of other Board forms; incorporate information on the Board's
policies and procedures for processing applications; improve the
clarity of the information requests; reflect the impact of new laws,
regulations, capital requirements, and accounting rules; and delete
information requests that are not typically useful for the analysis of
a proposed transaction. The revisions also are intended to increase
transparency by ensuring that initial filings include the information
that the Federal Reserve System requires to evaluate a transaction and
thereby reducing the need for subsequent information requests, which
may delay the Board's consideration of a filing and create additional
burden for filers.
Legal authorization and confidentiality: The FR LL-10(e) is
authorized pursuant to Section 10(b)(2) of the Home Owners' Loan Act
(12 U.S.C. 1467a(b)) and is mandatory. The information on the FR LL-
10(e) is not considered confidential unless the applicant requests
confidential treatment pursuant to exemption 4 (confidential business
information) or 6 (confidential personal information) of the Freedom of
Information Act, 5 U.S.C. 552(b)(4) and (b)(6). All such requests for
confidential treatment would be reviewed on a case-by-case basis.
Board of Governors of the Federal Reserve System, November 27,
2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018-26089 Filed 11-29-18; 8:45 am]
BILLING CODE 6210-01-P