Agency Information Collection Activities: Submission for OMB Review; Comment Request (OMB No. 3064-0095), 3777-3778 [2019-02177]

Download as PDF Federal Register / Vol. 84, No. 30 / Wednesday, February 13, 2019 / Notices Form Number: G–FIN; G–FINW; G– FIN4 & G–FIN5. Affected Public: Insured state nonmember banks acting as government securities brokers and dealers. 3777 Burden Estimate: khammond on DSKBBV9HB2PROD with NOTICES SUMMARY OF ANNUAL BURDEN Estimated number of respondents Estimated frequency of responses Estimated time per response 1 On Occasion .. 1 hour ............ 1 Mandatory ...... 1 On Occasion .. 15 minutes ..... .25 Reporting ....... Mandatory ...... 1 On Occasion .. 2 hours ........... 2 Reporting ....... Mandatory ...... 5 On Occasion .. 2 hours ........... 10 ........................ ........................ ........................ ........................ ........................ 13.25 Information collection description Type of burden Obligation to respond Notice by Financial Institutions of Government Securities Broker or Government Securities Dealer Activities (G– FIN). Notice By Financial Institutions of Termination of Activities as a Government Securities Broker of Government Securities Dealer (G–FINW). Disclosure Form for Person Associated with a Financial Institution Securities Broker or Dealer (G–FIN–4). Uniform Termination Notice for Persons Associated With a Financial Institution Government Securities Broker of Dealer (G–FIN–5). Reporting ....... Mandatory ...... Reporting ....... Total Estimated Annual Burden ...... General Description of Collection: The Government Securities Act of 1986 requires all financial institutions acting as government securities brokers and dealers to notify their Federal regulatory agencies of their broker-dealer activities, unless exempted from the notice requirements by Treasury Department regulation. The Form G–FIN and Form G–FINW are used by insured State nonmember banks that are government securities brokers or dealers to notify the FDIC of their status or that they have ceased to function as a government securities broker or dealer. The Form G–FIN–4 is used by associated persons of insured State nonmember banks that are government securities brokers or dealers to provide certain information to the bank and to the FDIC concerning employment, residence, and statutory disqualification. The Form G–FIN–5 is used by insured State nonmember banks that are government securities brokers or dealers to notify the FDIC that an associated person is no longer associated with the 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 VerDate Sep<11>2014 17:22 Feb 12, 2019 Jkt 247001 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 February 8, 2019. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2019–02180 Filed 2–12–19; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Comment Request (OMB No. 3064–0095) Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal SUMMARY: PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 Estimated annual burden (hours) agencies to take this opportunity to comment on the renewal of the existing information collection described below (control Number 3064–0095; 3064– 0145). On December 10, 2018, the FDIC requested comment for 60 days on a proposal to renew this information collection. No comments were 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 the renewal. Comments must be submitted on or before March 15, 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 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: E:\FR\FM\13FEN1.SGM 13FEN1 3778 Federal Register / Vol. 84, No. 30 / Wednesday, February 13, 2019 / Notices 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: On December 10, 2018, the FDIC requested comment for 60 days on a proposal to renew the information collections described below.1 No comments were received. The FDIC hereby gives notice of its plan to submit to OMB a request to approve the renewal of this information collection, and again invites comment on the renewal. Proposal to renew the following currently approved collection of information: 1. Title: Procedures for Monitoring Bank Protection Act Compliance. OMB Number: 3064–0095. Form Number: None. Affected Public: Insured state nonmember banks. Burden Estimate: khammond on DSKBBV9HB2PROD with NOTICES SUMMARY OF ANNUAL BURDEN Estimated number of respondents Estimated frequency of responses Estimated time per response (hours) Estimated annual burden (hours) Information collection description Type of burden Obligation to respond Bank Protection Act Compliance Program. Recordkeeping ... Mandatory .......... 3,533 Annually ......... .5 1,766.5 Estimated Total Annual Burden ............................ ............................ ........................ ........................ ........................ 1,766.5 General Description of Collection: The collection requires insured state nonmember banks to comply with the Bank Protection Act and to review bank security programs The Bank Protection Act of 1968 (12 U.S.C. 1881–1884) requires each Federal supervisory agency to promulgate rules establishing minimum standards for security devices and procedures to discourage financial crime and to assist in the identification of persons who commit such crimes. To avoid the necessity of constantly updating a technology-based regulation, the FDIC takes a flexible approach to implementing this statute. It requires each insured nonmember bank to designate a security officer who will administer a written security program. The security program must: (1) Establish procedures for opening and closing for business and for safekeeping valuables; (2) establish procedures that will assist in identifying persons committing crimes against the bank; (3) provide for initial and periodic training of employees in their responsibilities under the security program; and (4) provide for selecting, testing, operating and maintaining security devices as prescribed in the regulation. In addition, the FDIC requires the security officer to report at least annually to the bank’s board of directors on the effectiveness of the security program. There is no change in the method or substance of the collection. The FDIC estimates that the number of respondents will decrease due to economic fluctuations from 3,629 to 3,533. The annual burden for this information collection is estimated to be 1,766.5 hours. This represents a 1 83 FR 63507 (December 10, 2018). VerDate Sep<11>2014 17:22 Feb 12, 2019 Jkt 247001 decrease of 48.5 hours from the current burden estimate of 1,815 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 February 8, 2019. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2019–02177 Filed 2–12–19; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION RIN 3064–ZA03 Extension of Comment Period for the Request for Information on the FDIC’s Deposit Insurance Application Process Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for information; extension of comment period. AGENCY: 1 See PO 00000 The FDIC is extending the public comment period for its request for information on the FDIC’s deposit insurance application process until March 31, 2019. DATES: The comment period for the notice published on December 12, 2018 (83 FR 63868), regarding the request for information on the FDIC’s deposit insurance application process, is extended from February 11, 2019, to March 31, 2019. ADDRESSES: You may submit comments, identified by RIN 3064–ZA03, by any of the methods identified in the notice.1 Please submit your comments using only one method. FOR FURTHER INFORMATION CONTACT: RMS Contacts: Donald Hamm, Special Advisor, (202) 898–3528, DHamm@ FDIC.gov. Legal Contacts: Annmarie Boyd, Counsel, (202) 898–3714, ABoyd@ FDIC.gov; Catherine Topping, Counsel, (202) 898–3975, CTopping@FDIC.gov; Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. SUPPLEMENTARY INFORMATION: On December 12, 2018, the FDIC published in the Federal Register a request for information seeking comments from interested parties on all aspects of the deposit insurance application process. The request is part of the FDIC’s efforts to enhance transparency, efficiency, and accountability regarding the application process. The FDIC seeks comments from interested parties on all aspects of the deposit insurance application process, including guidance and other issuances, the steps in the application process, and communications with applicants, other SUMMARY: 83 FR 63868 (December 12, 2018). Frm 00032 Fmt 4703 Sfmt 4703 E:\FR\FM\13FEN1.SGM 13FEN1

Agencies

[Federal Register Volume 84, Number 30 (Wednesday, February 13, 2019)]
[Notices]
[Pages 3777-3778]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-02177]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request (OMB No. 3064-0095)

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, invites the general public and other Federal 
agencies to take this opportunity to comment on the renewal of the 
existing information collection described below (control Number 3064-
0095; 3064-0145). On December 10, 2018, the FDIC requested comment for 
60 days on a proposal to renew this information collection. No comments 
were 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 the renewal.

DATES: Comments must be submitted on or before March 15, 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: 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 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.

[[Page 3778]]


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: On December 10, 2018, the FDIC requested 
comment for 60 days on a proposal to renew the information collections 
described below.\1\ No comments were received. The FDIC hereby gives 
notice of its plan to submit to OMB a request to approve the renewal of 
this information collection, and again invites comment on the renewal.
---------------------------------------------------------------------------

    \1\ 83 FR 63507 (December 10, 2018).
---------------------------------------------------------------------------

    Proposal to renew the following currently approved collection of 
information:
    1. Title: Procedures for Monitoring Bank Protection Act Compliance.
    OMB Number: 3064-0095.
    Form Number: None.
    Affected Public: Insured state nonmember banks.
    Burden Estimate:

                                                                Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                    Estimated                             Estimated time     Estimated
Information collection description      Type of burden         Obligation to        number of     Estimated frequency of   per response    annual burden
                                                                  respond          respondents          responses             (hours)         (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Bank Protection Act Compliance      Recordkeeping........  Mandatory...........           3,533  Annually...............              .5         1,766.5
 Program.
                                                                                ------------------------------------------------------------------------
    Estimated Total Annual Burden.  .....................  ....................  ..............  .......................  ..............         1,766.5
--------------------------------------------------------------------------------------------------------------------------------------------------------

    General Description of Collection: The collection requires insured 
state nonmember banks to comply with the Bank Protection Act and to 
review bank security programs The Bank Protection Act of 1968 (12 
U.S.C. 1881-1884) requires each Federal supervisory agency to 
promulgate rules establishing minimum standards for security devices 
and procedures to discourage financial crime and to assist in the 
identification of persons who commit such crimes. To avoid the 
necessity of constantly updating a technology-based regulation, the 
FDIC takes a flexible approach to implementing this statute. It 
requires each insured nonmember bank to designate a security officer 
who will administer a written security program. The security program 
must: (1) Establish procedures for opening and closing for business and 
for safekeeping valuables; (2) establish procedures that will assist in 
identifying persons committing crimes against the bank; (3) provide for 
initial and periodic training of employees in their responsibilities 
under the security program; and (4) provide for selecting, testing, 
operating and maintaining security devices as prescribed in the 
regulation. In addition, the FDIC requires the security officer to 
report at least annually to the bank's board of directors on the 
effectiveness of the security program.
    There is no change in the method or substance of the collection. 
The FDIC estimates that the number of respondents will decrease due to 
economic fluctuations from 3,629 to 3,533. The annual burden for this 
information collection is estimated to be 1,766.5 hours. This 
represents a decrease of 48.5 hours from the current burden estimate of 
1,815 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 February 8, 2019.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2019-02177 Filed 2-12-19; 8:45 am]
 BILLING CODE 6714-01-P
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