Sunshine Act Meetings, 16488-16489 [2019-08020]

Download as PDF khammond on DSKBBV9HB2PROD with NOTICES 16488 Federal Register / Vol. 84, No. 76 / Friday, April 19, 2019 / Notices Detailed Discussion of Public Comments: One commenter, a banking association, stated that the FR 2510 would be a necessary step toward narrowing the scope of the data collection from what the FSB originally proposed. In addition, the commenter made six recommendations to the Board: • First, the commenter requested that the Board delay the implementation date in light of the following concerns: • Respondents will need time to revise their reporting systems and develop the required controls for a new report; • Several respondents rely on external vendors, who cannot begin software design work until the Board provides final approval and releases the final technical specifications; • Several respondents are undergoing transformative changes to their regulatory reporting systems, which will draw resources away from FR 2510 implementation; and • Respondents are currently preparing for the upcoming Comprehensive Capital Analysis and Review (CCAR),2 which will also draw resources away from FR 2510 implementation. For these reasons, the commenter recommended that the Board delay the proposed March 31, 2019, effective date to December 31, 2019, and that in no case should reporting begin earlier than September 30, 2019. The Board agrees with the commenter’s recommendation to allow more time and is thus delaying the effective date of the FR 2510 to September 30, 2019. The Board believes the revised effective date addresses the commenter’s concerns by providing institutions with sufficient time to prepare their reporting systems and implement appropriate controls. Second, the commenter stated that there would be insufficient time to determine in each quarter the top 35 countries by total exposure as requested in Table 2, Consolidated Balance Sheet, since current quarter exposure data is based on the FFIEC 009, which has a filing deadline only five days before the FR 2510 for the first, second, and third calendar quarters. In response, the Board has clarified the instructions to specify that the top 35 countries by total exposure should be based on the four quarters preceding the current quarter. Third, the commenter recommended that foreign exchange derivatives reported on the Financial Derivatives 2 The Federal Reserve’s CCAR exercises evaluate the capital planning processes and capital adequacy of the largest U.S.-based bank holding companies, including the firms’ planned capital actions, such as dividend payments and share buybacks. VerDate Sep<11>2014 16:23 Apr 18, 2019 Jkt 247001 and Foreign Exchange Derivatives Schedules should be defined consistently between Board regulatory reports and align with U.S. generally accepted accounting principles (GAAP). As proposed, the Financial Derivatives Schedule would have been populated automatically from the FR Y–15, which includes certain client clearing derivatives not included on the FR Y– 9C or the FR 2436. In response, the Board has revised the instructions for the Financial Derivatives Schedule by removing the reference to automatic data population from the FR Y–15 and by aligning the schedule with U.S. GAAP and the FR Y–9C and FR 2436. Fourth, the commenter noted a difference in treatment between the FR Y–9C and the FFIEC 009 for netting trading assets against trading liabilities in the same security (Committee on Uniform Security Identification Procedures (CUSIP) netting), which would affect production of data for the FR 2510. To address this concern, the commenter recommended revising the instructions to use the treatment of CUSIP netting on the FFIEC 009. The commenter also suggested clarifying the instructions so that the definition of country of residence for individuals would be consistent with the FFIEC 009. In response, the Board has revised the instructions to state that both the treatment of CUSIP netting and the definition of country of residence for individuals should be consistent with the FFIEC 009. Fifth, the commenter requested that the Board provide clarifications to a supplemental instructional document that anchors the definitions of certain FR 2510 data items to the FR Y–9C and other reports and update the supplemental instructional document to reflect the current version of the FR Y– 9C. The Board will provide the requested clarifications and update the supplemental instructional document in advance of the first FR 2510 filing date. Sixth and finally, the commenter requested clarifications to the FR 2510 instructions for reporting of certificates of deposit held for trading; reverse repurchase agreements and securities lending agreements with household counterparts; master netting agreements; and short sale contracts. In response, the Board has clarified the instructions in these areas. The other commenter, an individual, stated that the FR 2510 contains similarities to existing collections, such as the Central Bank Survey of Foreign Exchange and Derivatives Market Activity (FR 3036; OMB No. 7100– 0285), the Treasury Department’s Treasury International Capital (TIC) B PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 form for claims and liabilities by country and counterparty type (OMB No. 1505–0020), and the TIC D form for derivatives activity (OMB No. 1505– 0199). While existing reports collect data on exposures and funding positions to different countries, it is important to note that the FR 2510 supports a more complete balance sheet analysis and collects more granular data regarding instruments, counterparty sector, currency, and residual maturity. Therefore, the Board has not altered the proposal in response to this comment. Aside from the delayed implementation date and the instructional changes discussed above, the Board will implement the FR 2510 as originally proposed. Board of Governors of the Federal Reserve System, April 16, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–07875 Filed 4–18–19; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Sunshine Act Meetings Board of Governors of the Federal Reserve System. TIME AND DATE: 1:30 p.m. on Tuesday, April 23, 2019. PLACE: Marriner S. Eccles Federal Reserve Board Building, 20th Street entrance between Constitution Avenue and C Streets NW, Washington, DC 20551. STATUS: Open. On the day of the meeting, you will be able to view the meeting via webcast from a link available on the Board’s public website. You do not need to register to view the webcast of the meeting. A link to the meeting documentation will also be available approximately 20 minutes before the start of the meeting. Both links may be accessed from the Board’s public website at www.federalreserve.gov. If you plan to attend the open meeting in person, we ask that you notify us in advance and provide your name, date of birth, and social security number (SSN) or passport number. You may provide this information by calling 202–452– 2474 or you may register online. You may pre-register until close of business on Monday, April 22, 2019. You also will be asked to provide identifying information, including a photo ID, before being admitted to the Board meeting. The Public Affairs Office must approve the use of cameras; please call 202–452–2955 for further information. If AGENCY HOLDING THE MEETING: E:\FR\FM\19APN1.SGM 19APN1 Federal Register / Vol. 84, No. 76 / Friday, April 19, 2019 / Notices khammond on DSKBBV9HB2PROD with NOTICES you need an accommodation for a disability, please contact Penelope Beattie on 202–452–3982. For the hearing impaired only, please use the Telecommunication Device for the Deaf (TDD) on 202–263–4869. Privacy Act Notice: The information you provide will be used to assist us in prescreening you to ensure the security of the Board’s premises and personnel. In order to do this, we may disclose your information consistent with the routine uses listed in the Privacy Act Notice for BGFRS–32, including to appropriate federal, state, local, or foreign agencies where disclosure is reasonably necessary to determine whether you pose a security risk or where the security or confidentiality of your information has been compromised. We are authorized to collect your information by 12 U.S.C. 243 and 248, and Executive Order 9397. In accordance with Executive Order 9397, we collect your Social Security Number (SSN) so that we can keep accurate records, because other people may have the same name and birth date. In addition, we use your SSN when we make requests for information about you from law enforcement and other regulatory agency databases. Furnishing the information requested is voluntary; however, your failure to provide any of the information requested may result in disapproval of your request for access to the Board’s premises. You may be subject to a fine or imprisonment under 18 U.S.C 1001 for any false statements you make in your request to enter the Board’s premises. MATTERS TO BE CONSIDERED: Discussion Agenda 1. Proposal to Revise the Board’s Control Rules. Notes: 1. The staff memos to the Board will be made available to attendees on the day of the meeting in paper and the background material will be made available on a compact disc (CD). If you require a paper copy of the entire document, please call Penelope Beattie on 202–452–3982. The documentation will not be available to the public until about 20 minutes before the start of the meeting. 2. This meeting will be recorded for the benefit of those unable to attend. The webcast recording and a transcript of the meeting will be available after the meeting on the Board’s public website http://www.federalreserve.gov/ aboutthefed/boardmeetings/ or if you prefer, a CD recording of the meeting will be available for listening in the Board’s Freedom of Information Office, and copies can be ordered for $4 per disc by calling 202–452–3684 or by VerDate Sep<11>2014 16:23 Apr 18, 2019 Jkt 247001 writing to: Freedom of Information Office, Board of Governors of the Federal Reserve System, Washington, DC 20551. CONTACT PERSON FOR MORE INFORMATION: Michelle Smith, Director, or Dave Skidmore, Assistant to the Board, Office of Board Members at 202–452–2955. SUPPLEMENTARY INFORMATION: You may access the Board’s public website at www.federalreserve.gov for an electronic announcement. (The website also includes procedural and other information about the open meeting.) Dated: April 16, 2019. Ann Misback, Secretary of the Board. [FR Doc. 2019–08020 Filed 4–17–19; 11:15 am] BILLING CODE 6210–01–P 16489 Acquisition Company II LLC, 2011 TCRT, Ford Ultimate Management II, LLC, Ford Management II, L.P., GJF Financial Management II, LLC, Ford Family Investment, LP, Ford Financial Fund II, L.P., and EB Acquisition Company LLC, all of Dallas, Texas; each to indirectly acquire shares of Pistachio NewCo Inc. and thereby acquire shares of Rabobank, National Association, both of Roseville, California. In connection to this application, Applicants also have applied to engage de novo in financial and investment advisory services pursuant to section 225.25(b)(6) of Regulation Y. Board of Governors of the Federal Reserve System, April 16, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–07914 Filed 4–18–19; 8:45 am] FEDERAL RESERVE SYSTEM BILLING CODE P Formations of, Acquisitions by, and Mergers of Bank Holding Companies FEDERAL RESERVE SYSTEM The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than May 16, 2019. A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201–2272: 1. Ford Management III, L.P., Ford Financial Fund III, L.P. and EB PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Board of Governors of the Federal Reserve System. SUMMARY: The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Registration of a Securities Holding Company (FR 2082; OMB No. 7100–0347). FOR FURTHER INFORMATION CONTACT: 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. Office of Management and Budget (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. SUPPLEMENTARY INFORMATION: On June 15, 1984, 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. Board-approved collections of information are incorporated into the official OMB AGENCY: E:\FR\FM\19APN1.SGM 19APN1

Agencies

[Federal Register Volume 84, Number 76 (Friday, April 19, 2019)]
[Notices]
[Pages 16488-16489]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-08020]


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FEDERAL RESERVE SYSTEM


Sunshine Act Meetings

Agency Holding the Meeting: Board of Governors of the Federal Reserve 
System.

TIME AND DATE: 1:30 p.m. on Tuesday, April 23, 2019.

PLACE:  Marriner S. Eccles Federal Reserve Board Building, 20th Street 
entrance between Constitution Avenue and C Streets NW, Washington, DC 
20551.

STATUS: Open.
    On the day of the meeting, you will be able to view the meeting via 
webcast from a link available on the Board's public website. You do not 
need to register to view the webcast of the meeting. A link to the 
meeting documentation will also be available approximately 20 minutes 
before the start of the meeting. Both links may be accessed from the 
Board's public website at www.federalreserve.gov.
    If you plan to attend the open meeting in person, we ask that you 
notify us in advance and provide your name, date of birth, and social 
security number (SSN) or passport number. You may provide this 
information by calling 202-452-2474 or you may register online. You may 
pre-register until close of business on Monday, April 22, 2019. You 
also will be asked to provide identifying information, including a 
photo ID, before being admitted to the Board meeting. The Public 
Affairs Office must approve the use of cameras; please call 202-452-
2955 for further information. If

[[Page 16489]]

you need an accommodation for a disability, please contact Penelope 
Beattie on 202-452-3982. For the hearing impaired only, please use the 
Telecommunication Device for the Deaf (TDD) on 202-263-4869.
    Privacy Act Notice: The information you provide will be used to 
assist us in prescreening you to ensure the security of the Board's 
premises and personnel. In order to do this, we may disclose your 
information consistent with the routine uses listed in the Privacy Act 
Notice for BGFRS-32, including to appropriate federal, state, local, or 
foreign agencies where disclosure is reasonably necessary to determine 
whether you pose a security risk or where the security or 
confidentiality of your information has been compromised. We are 
authorized to collect your information by 12 U.S.C. 243 and 248, and 
Executive Order 9397. In accordance with Executive Order 9397, we 
collect your Social Security Number (SSN) so that we can keep accurate 
records, because other people may have the same name and birth date. In 
addition, we use your SSN when we make requests for information about 
you from law enforcement and other regulatory agency databases. 
Furnishing the information requested is voluntary; however, your 
failure to provide any of the information requested may result in 
disapproval of your request for access to the Board's premises. You may 
be subject to a fine or imprisonment under 18 U.S.C 1001 for any false 
statements you make in your request to enter the Board's premises.

MATTERS TO BE CONSIDERED: 

Discussion Agenda

    1. Proposal to Revise the Board's Control Rules.
    Notes: 1. The staff memos to the Board will be made available to 
attendees on the day of the meeting in paper and the background 
material will be made available on a compact disc (CD). If you require 
a paper copy of the entire document, please call Penelope Beattie on 
202-452-3982. The documentation will not be available to the public 
until about 20 minutes before the start of the meeting.
    2. This meeting will be recorded for the benefit of those unable to 
attend. The webcast recording and a transcript of the meeting will be 
available after the meeting on the Board's public website http://www.federalreserve.gov/aboutthefed/boardmeetings/ or if you prefer, a 
CD recording of the meeting will be available for listening in the 
Board's Freedom of Information Office, and copies can be ordered for $4 
per disc by calling 202-452-3684 or by writing to: Freedom of 
Information Office, Board of Governors of the Federal Reserve System, 
Washington, DC 20551.

CONTACT PERSON FOR MORE INFORMATION: Michelle Smith, Director, or Dave 
Skidmore, Assistant to the Board, Office of Board Members at 202-452-
2955.

Supplementary Information: You may access the Board's public website at 
www.federalreserve.gov for an electronic announcement. (The website 
also includes procedural and other information about the open meeting.)

    Dated: April 16, 2019.
Ann Misback,
Secretary of the Board.
[FR Doc. 2019-08020 Filed 4-17-19; 11:15 am]
 BILLING CODE 6210-01-P