Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Annual Stress Test Rule, 3279-3280 [2019-01720]
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Federal Register / Vol. 84, No. 28 / Monday, February 11, 2019 / Notices
Frequency of Collection: On occasion.
3. Title: Pipeline Safety: Integrity
Management Program for Gas
Distribution Pipelines.
OMB Control Number: 2137–0625.
Current Expiration Date: 4/30/2019.
Type of Request: Extension without
change of a currently approved
collection.
Abstract: The Federal Pipeline Safety
Regulations require operators of gas
distribution pipelines to develop and
implement integrity management (IM)
programs. The purpose of these
programs is to enhance safety by
identifying and reducing pipeline
integrity risks. PHMSA requires that
operators maintain records
demonstrating compliance with these
requirements for 10 years and that these
records must include superseded IM
plans.
Affected Public: Operators of gas
distribution pipeline systems.
Annual Reporting and Recordkeeping
Burden:
Estimated Number of Responses:
9,343.
Estimated Annual burden Hours:
865,178.
Frequency of Collection: On occasion.
4. Title: Response Plans for Onshore
Oil Pipelines.
OMB Control Number: 2137–0589.
Current Expiration Date: 7/31/2019.
Type of Request: Revision of a
currently approved information
collection.
Abstract: 49 CFR part 194 requires an
operator of an onshore oil pipeline
facility to prepare and submit an oil
spill response plan to PHMSA for
review and approval.
Affected Public: Operators of onshore
oil pipeline facilities.
Estimated Number of Responses: 434.
Estimated Annual Burden Hours:
59,458.
Frequency of Collection: On occasion.
Comments are invited on:
(a) The need for the proposed
collection of information, including
whether the information will have
practical utility in helping the agency to
achieve its pipeline safety goals;
(b) The accuracy of the agency’s
estimate of the burden of the proposed
collection of information, 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 those
who are to respond, including the use
of appropriate automated, electronic,
mechanical, or other technological
collection techniques.
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Authority: The Paperwork Reduction Act
of 1995; 44 U.S.C. Chapter 35, as amended;
and 49 CFR 1.48.
Issued in Washington, DC, on February 05,
2019, under authority delegated in 49 CFR
1.97.
John A. Gale,
Director, Standards and Rulemaking Division.
[FR Doc. 2019–01856 Filed 2–8–19; 8:45 am]
BILLING CODE 4910–60–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Annual Stress Test Rule
Office of the Comptroller of the
Currency, Treasury (OCC).
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other federal
agencies to take this opportunity to
comment on the renewal of this
information collection as required by
the Paperwork Reduction Act of 1995
(PRA).
An agency may not conduct or
sponsor, and a respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number.
Currently, the OCC is soliciting
comment concerning the renewal of its
information collection titled ‘‘Annual
Stress Test Rule.’’ The OCC also is
giving notice that it has sent the
collection to OMB for review.
DATES: Comments must be received on
or before March 13, 2019.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–0311, 400 7th Street SW, Suite
3E–218, Washington, DC 20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 465–4326.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0311’’ in your comment. In general, the
OCC will post comments on
www.reginfo.gov without change,
including any business or personal
SUMMARY:
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3279
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0311, U.S. Office of
Management and Budget, 725 17th
Street NW, #10235, Washington, DC
20503 or by email to oira_submission@
omb.eop.gov.
You may review comments and other
related materials that pertain to this
information collection1 following the
close of the 30-day comment period for
this notice by any of the following
methods:
• Viewing Comments Electronically:
Go to www.reginfo.gov. Click on the
‘‘Information Collection Review’’ tab.
Underneath the ‘‘Currently under
Review’’ section heading, from the dropdown menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching by OMB control number
‘‘1557–0311’’ or ‘‘Annual Stress Test
Rule.’’ Upon finding the appropriate
information collection, click on the
related ‘‘ICR Reference Number.’’ On the
next screen, select ‘‘View Supporting
Statement and Other Documents’’ and
then click on the link to any comment
listed at the bottom of the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
• Viewing Comments Personally: You
may personally inspect comments at the
OCC, 400 7th Street SW, Washington,
DC. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 649–6700 or,
for persons who are deaf or hearing
impaired, TTY, (202) 649–5597. Upon
arrival, visitors will be required to
present valid government-issued photo
identification and submit to security
screening in order to inspect comments.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490 or, for persons who are
deaf or hearing impaired, TTY, (202)
649–5597, Chief Counsel’s Office, Office
of the Comptroller of the Currency, 400
7th St. SW, Suite 3E–218, Washington,
DC 20219.
1 On December 6, 2018 the OCC published a 60day notice for this information collection.
E:\FR\FM\11FEN1.SGM
11FEN1
3280
Federal Register / Vol. 84, No. 28 / Monday, February 11, 2019 / Notices
Under the
Paperwork Reduction Act (PRA) (44
U.S.C. 3501–3520), federal agencies
must obtain approval from the OMB for
each collection of information that they
conduct or sponsor. ‘‘Collection of
information’’ is defined in 44 U.S.C.
3502(3) and 5 CFR 1320.3(c) to include
agency requests or requirements that
members of the public submit reports,
keep records, or provide information to
a third party. The OCC asks that OMB
extend its approval of this collection.
Title: Annual Stress Test Rule.
OMB Control No.: 1557–0311.
Description: Section 165(i)(2) of the
Dodd-Frank Wall Street Reform and
Consumer Protection Act requires
certain financial companies, including
national banks and federal savings
associations, to conduct annual stress
tests 2 and requires the primary financial
regulatory agency 3 of those financial
companies to issue regulations
implementing the stress test
requirements.4
Twelve CFR 46.6(a) specifies the
calculations of the potential impact on
capital that must be made during each
quarter of a planning horizon. Section
46.6(c)(1) requires the senior
management of each covered institution
to establish and maintain a system of
controls, oversight, and documentation,
including policies and procedures that,
at a minimum, describe the covered
institution’s stress test practices and
methodologies and processes for
updating the covered institution’s stress
test practices. Section 46.6(c)(2)
provides that the board of directors of
the covered institution shall approve
and review these policies and
procedures no less than annually and
provide the board of directors and
senior management with a summary of
the stress test results.
Section 46.7 provides that each
covered institution shall report to the
OCC and to the Board of Governors of
the Federal Reserve System annually the
results of the stress test in the time,
manner and form specified by the OCC.
Section 46.8 requires that a covered
institution publish a summary of the
results of its annual stress tests on its
website or in any other forum that is
reasonably accessible to the public. The
summary must include a description of
the types of risks included in the stress
test, a summary description of the
methodologies used in the stress test,
estimates of aggregate losses, preprovision net revenue, provisions for
loan and lease losses, net income, and
SUPPLEMENTARY INFORMATION:
pro forma capital ratios and an
explanation of the most significant
causes of the changes in regulatory
capital ratios. The summary also must
reflect, for estimates of aggregate losses,
pre-provision net revenue, provisions
for loan and lease losses, the estimated
cumulative effects and estimated capital
ratios, net income, and pro forma capital
ratios (including regulatory and any
other capital ratios specified by the
OCC) at the end of the planning horizon,
under the severely adverse scenario.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
61.
Estimated Total Annual Burden:
63,440 hours.
The OCC issued a notice for 60 days
of comment regarding the collection on
December 6, 2018, 83 FR 62953. No
comments were received. Comments
continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: February 4, 2019.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2019–01720 Filed 2–8–19; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Identity Theft Red Flags and Address
Discrepancies Under the Fair and
Accurate Credit Transactions Act of
2003
Office of the Comptroller of the
Currency, Treasury (OCC).
ACTION: Notice and request for comment.
AGENCY:
2 12
U.S.C. 5365(i)(2)(A).
3 12 U.S.C. 5301(12).
4 12 U.S.C. 5365(i)(2)(C).
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18:05 Feb 08, 2019
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Frm 00144
Fmt 4703
Sfmt 4703
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other federal
agencies to take this opportunity to
comment on a continuing information
collection as required by the Paperwork
Reduction Act of 1995 (PRA).
An agency may not conduct or
sponsor, and a respondent is not
required to respond to, an information
collection unless it displays a currently
valid OMB control number.
The OCC is soliciting comment
concerning the renewal of its
information collection titled, ‘‘Identity
Theft Red Flags and Address
Discrepancies under the Fair and
Accurate Credit Transactions Act of
2003.’’ The OCC also is giving notice
that it has sent the collection to OMB for
review.
DATES: Comments must be received on
or before March 13, 2019.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–0237, 400 7th Street SW, Suite
3E–218, Washington, DC 20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 465–4326.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0237’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0237, U.S. Office of
Management and Budget, 725 17th
Street NW, #10235, Washington, DC
20503 or by email to oira_submission@
omb.eop.gov.
You may review comments and other
related materials that pertain to this
information collection 1 following the
close of the 30-Day comment period for
SUMMARY:
1 On November 13, 2018 the OCC published a 60day notice for this information collection.
E:\FR\FM\11FEN1.SGM
11FEN1
Agencies
[Federal Register Volume 84, Number 28 (Monday, February 11, 2019)]
[Notices]
[Pages 3279-3280]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-01720]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Annual Stress Test Rule
AGENCY: Office of the Comptroller of the Currency, Treasury (OCC).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other federal
agencies to take this opportunity to comment on the renewal of this
information collection as required by the Paperwork Reduction Act of
1995 (PRA).
An agency may not conduct or sponsor, and a respondent is not
required to respond to, an information collection unless it displays a
currently valid Office of Management and Budget (OMB) control number.
Currently, the OCC is soliciting comment concerning the renewal of
its information collection titled ``Annual Stress Test Rule.'' The OCC
also is giving notice that it has sent the collection to OMB for
review.
DATES: Comments must be received on or before March 13, 2019.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible. You may submit comments by any of the following methods:
Email: prainfo@occ.treas.gov.
Mail: Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency, Attention: 1557-0311, 400
7th Street SW, Suite 3E-218, Washington, DC 20219.
Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Fax: (571) 465-4326.
Instructions: You must include ``OCC'' as the agency name and
``1557-0311'' in your comment. In general, the OCC will post comments
on www.reginfo.gov without change, including any business or personal
information provided, such as name and address information, email
addresses, or phone numbers. Comments received, including attachments
and other supporting materials, are part of the public record and
subject to public disclosure. Do not include any information in your
comment or supporting materials that you consider confidential or
inappropriate for public disclosure.
Additionally, please send a copy of your comments by mail to: OCC
Desk Officer, 1557-0311, U.S. Office of Management and Budget, 725 17th
Street NW, #10235, Washington, DC 20503 or by email to
oira_submission@omb.eop.gov.
You may review comments and other related materials that pertain to
this information collection\1\ following the close of the 30-day
comment period for this notice by any of the following methods:
---------------------------------------------------------------------------
\1\ On December 6, 2018 the OCC published a 60-day notice for
this information collection.
---------------------------------------------------------------------------
Viewing Comments Electronically: Go to www.reginfo.gov.
Click on the ``Information Collection Review'' tab. Underneath the
``Currently under Review'' section heading, from the drop-down menu,
select ``Department of Treasury'' and then click ``submit.'' This
information collection can be located by searching by OMB control
number ``1557-0311'' or ``Annual Stress Test Rule.'' Upon finding the
appropriate information collection, click on the related ``ICR
Reference Number.'' On the next screen, select ``View Supporting
Statement and Other Documents'' and then click on the link to any
comment listed at the bottom of the screen.
For assistance in navigating www.reginfo.gov, please
contact the Regulatory Information Service Center at (202) 482-7340.
Viewing Comments Personally: You may personally inspect
comments at the OCC, 400 7th Street SW, Washington, DC. For security
reasons, the OCC requires that visitors make an appointment to inspect
comments. You may do so by calling (202) 649-6700 or, for persons who
are deaf or hearing impaired, TTY, (202) 649-5597. Upon arrival,
visitors will be required to present valid government-issued photo
identification and submit to security screening in order to inspect
comments.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(202) 649-5490 or, for persons who are deaf or hearing impaired, TTY,
(202) 649-5597, Chief Counsel's Office, Office of the Comptroller of
the Currency, 400 7th St. SW, Suite 3E-218, Washington, DC 20219.
[[Page 3280]]
SUPPLEMENTARY INFORMATION: Under the Paperwork Reduction Act (PRA) (44
U.S.C. 3501-3520), federal agencies must obtain approval from the OMB
for each collection of information that they conduct or sponsor.
``Collection of information'' is defined in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or requirements that members of
the public submit reports, keep records, or provide information to a
third party. The OCC asks that OMB extend its approval of this
collection.
Title: Annual Stress Test Rule.
OMB Control No.: 1557-0311.
Description: Section 165(i)(2) of the Dodd-Frank Wall Street Reform
and Consumer Protection Act requires certain financial companies,
including national banks and federal savings associations, to conduct
annual stress tests \2\ and requires the primary financial regulatory
agency \3\ of those financial companies to issue regulations
implementing the stress test requirements.\4\
---------------------------------------------------------------------------
\2\ 12 U.S.C. 5365(i)(2)(A).
\3\ 12 U.S.C. 5301(12).
\4\ 12 U.S.C. 5365(i)(2)(C).
---------------------------------------------------------------------------
Twelve CFR 46.6(a) specifies the calculations of the potential
impact on capital that must be made during each quarter of a planning
horizon. Section 46.6(c)(1) requires the senior management of each
covered institution to establish and maintain a system of controls,
oversight, and documentation, including policies and procedures that,
at a minimum, describe the covered institution's stress test practices
and methodologies and processes for updating the covered institution's
stress test practices. Section 46.6(c)(2) provides that the board of
directors of the covered institution shall approve and review these
policies and procedures no less than annually and provide the board of
directors and senior management with a summary of the stress test
results.
Section 46.7 provides that each covered institution shall report to
the OCC and to the Board of Governors of the Federal Reserve System
annually the results of the stress test in the time, manner and form
specified by the OCC.
Section 46.8 requires that a covered institution publish a summary
of the results of its annual stress tests on its website or in any
other forum that is reasonably accessible to the public. The summary
must include a description of the types of risks included in the stress
test, a summary description of the methodologies used in the stress
test, estimates of aggregate losses, pre-provision net revenue,
provisions for loan and lease losses, net income, and pro forma capital
ratios and an explanation of the most significant causes of the changes
in regulatory capital ratios. The summary also must reflect, for
estimates of aggregate losses, pre-provision net revenue, provisions
for loan and lease losses, the estimated cumulative effects and
estimated capital ratios, net income, and pro forma capital ratios
(including regulatory and any other capital ratios specified by the
OCC) at the end of the planning horizon, under the severely adverse
scenario.
Type of Review: Regular.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 61.
Estimated Total Annual Burden: 63,440 hours.
The OCC issued a notice for 60 days of comment regarding the
collection on December 6, 2018, 83 FR 62953. No comments were received.
Comments continue to be invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: February 4, 2019.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2019-01720 Filed 2-8-19; 8:45 am]
BILLING CODE 4810-33-P