Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 21780-21781 [2019-09951]
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21780
Federal Register / Vol. 84, No. 94 / Wednesday, May 15, 2019 / Notices
jbell on DSK3GLQ082PROD with NOTICES
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
inventory of currently approved
collections of information. Copies of the
PRA Submission, supporting statements
and approved collection of information
instrument(s) are placed into OMB’s
public docket files. The Board may not
conduct or sponsor, and the respondent
is not required to respond to, an
information collection that has been
extended, revised, or implemented on or
after October 1, 1995, unless it displays
a currently valid OMB control number.
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, Without Revision, of the
Following Information Collection
Report title: Recordkeeping
Requirements of Regulation H and
Regulation K Associated with the
Procedures for Monitoring Bank Secrecy
Act Compliance.
Agency form number: FR K.
OMB control number: 7100–0310.
Frequency: Annually.
Respondents: State member banks;
Edge and agreement corporations; and
certain U.S. branches, agencies, and
representative offices of foreign banks
supervised by the Board.
Estimated number of respondents:
Establish compliance program—1;
maintenance of compliance program—
957.
Estimated average hours per response:
Establish compliance program—16;
maintenance of compliance program—4.
Estimated annual burden hours:
Establish compliance program—16;
maintenance of compliance program—
3,828.
General description of report: The
Board’s Regulation K and Regulation H
require state member banks, Edge and
agreement corporations and, except for
a federal branch or a federal agency or
a state branch that is insured by the
Federal Deposit Insurance Corporation,
the U.S. branches, agencies, and
representative offices of foreign banks
supervised by the Board to establish a
written Bank Secrecy Act (BSA)
compliance program that includes the
following components: (1) A system of
internal controls to assure ongoing
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22:43 May 14, 2019
Jkt 247001
compliance, (2) independent testing of
compliance by the institution’s
personnel or by an outside party, (3) the
designation of an individual or
individuals for coordinating and
monitoring day-to-day compliance, and
(4) training for appropriate personnel.1
The compliance program must be
approved by the board of directors of
the state member bank, Edge
corporation, or agreement corporation
and must be noted in the institution’s
minutes. In the case of a branch, agency,
or representative office of a foreign
bank, the compliance program may be
approved by the foreign bank’s board of
directors and noted in the minutes or
approved by a delegee acting under the
express authority of the foreign bank’s
board of directors.
Legal authorization and
confidentiality: The FR K is authorized
pursuant to the Federal Deposit
Insurance Act (12 U.S.C. 1818(s)), which
requires the federal banking agencies,
including the Board, to (1) prescribe
regulations requiring the institutions
they regulate to establish and maintain
procedures reasonably designed to
assure and monitor compliance with the
BSA and (2) to review such procedures
during the course of their
examinations.2 The FR K is mandatory.
Because the Federal Reserve will not
collect this information, confidentiality
issues would normally not arise.
Because the records will be retained at
banking organizations, the Freedom of
Information Act (FOIA) will only be
implicated if the Board’s examiners
retain a copy of the record as part of an
examination or supervision of a banking
institution. In that case, the records
would be exempt from disclosure under
exemption 8 of the FOIA, which
protects examination materials from
disclosure (5 U.S.C. 552(b)(8)).
Exemption 4 of the FOIA, which
protects confidential financial
information, may also be applicable (5
U.S.C. 552(b)(4)).
Current actions: On February 5, 2019,
the Board published a notice in the
Federal Register (84 FR 1731)
requesting public comment for 60 days
on the extension, without revision, of
the FR K. The comment period for this
notice expired on April 8, 2019. The
Board did not receive any comments.
1 See 12 CFR 208.63(c); these specific
requirements are incorporated by reference in 12
CFR 211.5(m)(1) and 211.24(j)(1).
2 The Board’s authority in 12 U.S.C. 1818(s) to
prescribe regulations includes the entities required
to comply with section 208.63 of the Board’s
Regulation H (12 CFR 208.63) and sections
211.5(m)(1) and 211.24(j)(1) of the Board’s
Regulation K (12 CFR 211.5(m)(1) and 12 CFR
211.24(j)(1)).
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Board of Governors of the Federal Reserve
System, May 9, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019–09970 Filed 5–14–19; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
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, 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: The revisions are applicable as of
May 1, 2019.
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.
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, 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. Board-approved
collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
Paperwork Reduction Act Submission,
supporting statements and approved
collection of information instrument(s)
are placed into OMB’s public docket
files. The Board may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection that has been extended,
revised, or implemented on or after
AGENCY:
E:\FR\FM\15MYN1.SGM
15MYN1
jbell on DSK3GLQ082PROD with NOTICES
Federal Register / Vol. 84, No. 94 / Wednesday, May 15, 2019 / Notices
October 1, 1995, unless it displays a
currently valid OMB control number.
Final approval under OMB delegated
authority of the extension for three
years, with revision, of 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.
Effective Date: May 1, 2019
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 l0(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
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.
Current actions: On November 30,
2018, the Board published a notice in
the Federal Register (83 FR 61635)
requesting public comment for 60 days
on the extension, with revision, of the
1 See
12 U.S.C. 1467a(e)(2).
VerDate Sep<11>2014
22:43 May 14, 2019
Jkt 247001
FR LL–10(e). The comment period for
this notice expired on January 29, 2019.
The Board did not receive any
comments. On March 8, 2019, the Board
published an additional notice in the
Federal Register (84 FR 8527)
requesting public comment on the
proposed certification page that was
mistakenly omitted from the original
notice. The comment period for this
notice expired on April 8, 2019. The
Board did not receive any comments.
The revisions will be implemented as
proposed.
Board of Governors of the Federal Reserve
System, May 9, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019–09951 Filed 5–14–19; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
[File No. 182 3085]
National Floors Direct, Inc.; Analysis
To Aid Public Comment
Federal Trade Commission.
Proposed consent agreement;
request for comment.
AGENCY:
ACTION:
The consent agreement in this
matter settles alleged violations of
federal law prohibiting unfair or
deceptive acts or practices. The attached
Analysis to Aid Public Comment
describes both the allegations in the
complaint and the terms of the consent
order—embodied in the consent
agreement—that would settle these
allegations.
DATES: Comments must be received on
or before June 14, 2019.
ADDRESSES: Interested parties may file
comments online or on paper, by
following the instructions in the
Request for Comment part of the
SUPPLEMENTARY INFORMATION section
below. Write: ‘‘National Floors Direct;
File No. 182 3085’’ on your comment,
and file your comment online at https://
www.regulations.gov by following the
instructions on the web-based form. If
you prefer to file your comment on
paper, mail your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
600 Pennsylvania Avenue NW, Suite
CC–5610 (Annex D), Washington, DC
20580, or deliver your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW,
5th Floor, Suite 5610 (Annex D),
Washington, DC 20024.
FOR FURTHER INFORMATION CONTACT: Carl
H. Settlemyer (202–326–2019), Bureau
SUMMARY:
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21781
of Consumer Protection, Federal Trade
Commission, 600 Pennsylvania Avenue
NW, Washington, DC 20580.
SUPPLEMENTARY INFORMATION: Pursuant
to Section 6(f) of the Federal Trade
Commission Act, 15 U.S.C. 46(f), and
FTC Rule 2.34, 16 CFR 2.34, notice is
hereby given that the above-captioned
consent agreement containing a consent
order to cease and desist, having been
filed with and accepted, subject to final
approval, by the Commission, has been
placed on the public record for a period
of thirty (30) days. The following
Analysis to Aid Public Comment
describes the terms of the consent
agreement and the allegations in the
complaint. An electronic copy of the
full text of the consent agreement
package can be obtained from the FTC
Home Page (for May 8, 2019), on the
World Wide Web, at https://
www.ftc.gov/news-events/commissionactions.
You can file a comment online or on
paper. For the Commission to consider
your comment, we must receive it on or
before June 14, 2019. Write ‘‘National
Floors Direct; File No. 182 3085’’ on
your comment. Your comment—
including your name and your state—
will be placed on the public record of
this proceeding, including, to the extent
practicable, on the https://
www.regulations.gov website.
Postal mail addressed to the
Commission is subject to delay due to
heightened security screening. As a
result, we encourage you to submit your
comments online through the https://
www.regulations.gov website.
If you prefer to file your comment on
paper, write ‘‘National Floors Direct;
File No. 182 3085’’ on your comment
and on the envelope, and mail your
comment to the following address:
Federal Trade Commission, Office of the
Secretary, 600 Pennsylvania Avenue
NW, Suite CC–5610 (Annex D),
Washington, DC 20580; or deliver your
comment to the following address:
Federal Trade Commission, Office of the
Secretary, Constitution Center, 400 7th
Street SW, 5th Floor, Suite 5610 (Annex
D), Washington, DC 20024. If possible,
submit your paper comment to the
Commission by courier or overnight
service.
Because your comment will be placed
on the publicly accessible website at
https://www.regulations.gov, you are
solely responsible for making sure that
your comment does not include any
sensitive or confidential information. In
particular, your comment should not
include any sensitive personal
information, such as your or anyone
else’s Social Security number; date of
E:\FR\FM\15MYN1.SGM
15MYN1
]]>Agencies
[Federal Register Volume 84, Number 94 (Wednesday, May 15, 2019)]
[Notices]
[Pages 21780-21781]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-09951]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: 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, 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: The revisions are applicable as of May 1, 2019.
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.
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, 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. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the Paperwork Reduction Act
Submission, supporting statements and approved collection of
information instrument(s) are placed into OMB's public docket files.
The Board may not conduct or sponsor, and the respondent is not
required to respond to, an information collection that has been
extended, revised, or implemented on or after
[[Page 21781]]
October 1, 1995, unless it displays a currently valid OMB control
number.
Final approval under OMB delegated authority of the extension for
three years, with revision, of 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.
Effective Date: May 1, 2019
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
l0(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).
---------------------------------------------------------------------------
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.
Current actions: On November 30, 2018, the Board published a notice
in the Federal Register (83 FR 61635) requesting public comment for 60
days on the extension, with revision, of the FR LL-10(e). The comment
period for this notice expired on January 29, 2019. The Board did not
receive any comments. On March 8, 2019, the Board published an
additional notice in the Federal Register (84 FR 8527) requesting
public comment on the proposed certification page that was mistakenly
omitted from the original notice. The comment period for this notice
expired on April 8, 2019. The Board did not receive any comments. The
revisions will be implemented as proposed.
Board of Governors of the Federal Reserve System, May 9, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-09951 Filed 5-14-19; 8:45 am]
BILLING CODE 6210-01-P
