Designated Reserve Ratio for 2019, 716 [2019-00427]

Download as PDF 716 Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices amozie on DSK3GDR082PROD with NOTICES1 prohibits a state bank from directly engaging, as a principal, in any activity or investment that is not permissible for a national bank, or indirectly through a subsidiary in an activity or investment that is not permissible for a subsidiary of a national bank, unless such bank meets its minimum capital requirements and the FDIC determines that the activity or investment does not pose a significant risk to the Deposit Insurance Fund (DIF). The FDIC can make such a determination for exception by regulation or by order. Section 28(a), 12 U.S.C. 1831e, similarly limits the investments and activities of state savings associations and their service corporations to those permitted by federal savings associations and their service corporations, absent FDIC approval. Part 362 details the activities that state banks or their subsidiaries may engage in, under certain criteria and conditions and identifies the information that state banks must furnish to the FDIC in order to obtain the FDIC’s approval or non-objection. Part 362 also applies to the activities and investments of state savings associations and their subsidiaries. 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. 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 January 28, 2019. Federal Deposit Insurance Corporation. Valerie Best, Assistant Executive Secretary. [FR Doc. 2019–00559 Filed 1–30–19; 8:45 am] BILLING CODE 6714–01–P VerDate Sep<11>2014 20:21 Jan 30, 2019 Jkt 247001 FEDERAL DEPOSIT INSURANCE CORPORATION Designated Reserve Ratio for 2019 Federal Deposit Insurance Corporation. AGENCY: CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. Laura E. Sinram, Deputy Secretary of the Commission. [FR Doc. 2019–00705 Filed 1–29–19; 4:15 pm] ACTION: Notice of Designated Reserve Ratio for 2019. BILLING CODE 6715–01–P Pursuant to the Federal Deposit Insurance Act, the Board of Directors of the Federal Deposit Insurance Corporation designates that the Designated Reserve Ratio (DRR) for the Deposit Insurance Fund shall remain at 2 percent for 2019.1 The Board is publishing this notice as required by section 7(b)(3)(A)(i) of the Federal Deposit Insurance Act (12 U.S.C. 1817(b)(3)(A)(i)). FEDERAL RESERVE SYSTEM FOR FURTHER INFORMATION CONTACT: Ashley Mihalik, Chief, Banking and Regulatory Policy Section, Division of Insurance and Research, (202) 898– 3793, amihalik@fdic.gov; Robert Grohal, Chief, Fund Analysis and Pricing Section, Division of Insurance and Research, (202) 898–6939, rgrohal@ fdic.gov; or Nefretete Smith, Counsel, Legal Division, (202) 898–6851, nefsmith@fdic.gov. Dated at Washington, DC, on December 18, 2018. By order of the Board of Directors. Federal Deposit Insurance Corporation. Valerie Best, Assistant Executive Secretary. [FR Doc. 2019–00427 Filed 1–30–19; 8:45 am] BILLING CODE 6714–01–P FEDERAL ELECTION COMMISSION Sunshine Act Meeting Tuesday, February 5, 2019 at 10:00 a.m. and its Continuation at the Conclusion of the Open Meeting on February 7, 2019. TIME AND DATE: 1050 First Street NE, Washington, DC. PLACE: This meeting will be closed to the public. STATUS: MATTERS TO BE CONSIDERED Compliance matters pursuant to 52 U.S.C. 30109. Matters concerning participation in civil actions or proceedings or arbitration. * * * * * 1 Section 327.4(g) of the FDIC’s regulations sets forth the DRR. There is no need to amend this provision because the DRR for 2019 is the same as the current DRR. PO 00000 Frm 00071 Fmt 4703 Sfmt 4703 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 Registration of a Securities Holding Company (FR 2082; OMB No. 7100– 0347). SUMMARY: Comments must be submitted on or before April 1, 2019. ADDRESSES: You may submit comments, identified by FR 2082, 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 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 9:00 a.m. and 5:00 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 DATES: E:\FR\FM\31JAN1.SGM 31JAN1

Agencies

[Federal Register Volume 84, Number 21 (Thursday, January 31, 2019)]
[Notices]
[Page 716]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-00427]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Designated Reserve Ratio for 2019

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice of Designated Reserve Ratio for 2019.

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    Pursuant to the Federal Deposit Insurance Act, the Board of 
Directors of the Federal Deposit Insurance Corporation designates that 
the Designated Reserve Ratio (DRR) for the Deposit Insurance Fund shall 
remain at 2 percent for 2019.\1\ The Board is publishing this notice as 
required by section 7(b)(3)(A)(i) of the Federal Deposit Insurance Act 
(12 U.S.C. 1817(b)(3)(A)(i)).
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    \1\ Section 327.4(g) of the FDIC's regulations sets forth the 
DRR. There is no need to amend this provision because the DRR for 
2019 is the same as the current DRR.

FOR FURTHER INFORMATION CONTACT: Ashley Mihalik, Chief, Banking and 
Regulatory Policy Section, Division of Insurance and Research, (202) 
898-3793, amihalik@fdic.gov; Robert Grohal, Chief, Fund Analysis and 
Pricing Section, Division of Insurance and Research, (202) 898-6939, 
rgrohal@fdic.gov; or Nefretete Smith, Counsel, Legal Division, (202) 
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898-6851, nefsmith@fdic.gov.

    Dated at Washington, DC, on December 18, 2018.
    By order of the Board of Directors.

Federal Deposit Insurance Corporation.
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 2019-00427 Filed 1-30-19; 8:45 am]
 BILLING CODE 6714-01-P
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