Proposed Agency Information Collection Activities; Comment Request, 22494-22495 [2019-10246]
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Federal Register / Vol. 84, No. 96 / Friday, May 17, 2019 / Notices
SUPPLEMENTARY INFORMATION:
Title and Form Number: EIB 10–02
Application for Short-Term Express
Credit Insurance Policy.
OMB Number: 3048–0031.
Type of Review: Renewal.
Need and Use: This form is used by
an exporter (or broker acting on its
behalf) in order to obtain approval for
coverage of the repayment risk of export
sales. The information received allows
EXIM staff to make a determination of
the eligibility of the applicant and the
creditworthiness of one of the
applicant’s foreign buyers for EXIM
assistance under its programs.
This is the application form for use by
small U.S. businesses with limited
export experience. Companies that are
eligible to use the Express policy will
need to answer approximately 20
questions and sign an acknowledgement
of the certifications that appear on the
reverse of the application form. This
program does not provide discretionary
credit authority to the U.S. exporter, and
therefore the financial and credit
information needs are minimized.
Affected Public: This form affects
entities involved in the export of U.S.
goods and services.
Annual Number of Respondents: 500.
Estimated Time per Respondent: 0.25
hours.
Annual Burden Hours: 125 hours.
Frequency of Reporting of Use: Once
per year.
Government Expenses:
Reviewing time per year: 1,000 hours.
Average Wages per Hour: $42.50.
Average Cost per Year: $42,500
(time*wages).
Benefits and Overhead: 20%.
Total Government Cost: $51,000.
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 June 12, 2019.
A. Federal Reserve Bank of St. Louis
(David L. Hubbard, Senior Manager)
P.O. Box 442, St. Louis, Missouri
63166–2034. Comments can also be sent
electronically to
Comments.applications@stls.frb.org:
1. Big Creek Bancshares, Inc., Moro,
Arkansas; to merge with Tyronza
Bancshares, Inc., Marked Tree,
Arkansas, and thereby indirectly acquire
First Delta Bank, Marked Tree,
Arkansas.
Board of Governors of the Federal Reserve
System, May 13, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019–10215 Filed 5–16–19; 8:45 am]
BILLING CODE P
FEDERAL RESERVE SYSTEM
Bassam Doughman,
IT Specialist.
Proposed Agency Information
Collection Activities; Comment
Request
[FR Doc. 2019–10252 Filed 5–16–19; 8:45 am]
BILLING CODE 6690–01–P
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:
FEDERAL RESERVE SYSTEM
jbell on DSK3GLQ082PROD with NOTICES
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
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.
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17:05 May 16, 2019
Jkt 247001
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Reporting, Recordkeeping, and
Disclosure Requirements Associated
with Regulation NN (FR NN; OMB No.
7100–0353).
DATES: Comments must be submitted on
or before July 16, 2019.
ADDRESSES: You may submit comments,
identified by FR NN, by any of the
following methods:
• Agency website: https://
www.federalreserve.gov. Follow the
instructions for submitting comments at
SUMMARY:
PO 00000
Frm 00065
Fmt 4703
Sfmt 4703
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 on
the Board’s website at https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper in Room 146, 1709 New York
Avenue 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 order to inspect and
photocopy comments.
Additionally, commenters may send a
copy of their comments to the 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.
FOR FURTHER INFORMATION CONTACT: A
copy of the Paperwork Reduction Act
(PRA) OMB submission, including the
proposed reporting form and
instructions, supporting statement, and
other documentation will be placed into
OMB’s public docket files, if approved.
These documents will also be made
available on the Board’s public website
at https://www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears below.
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.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
E:\FR\FM\17MYN1.SGM
17MYN1
Federal Register / Vol. 84, No. 96 / Friday, May 17, 2019 / Notices
authority under the PRA to approve and
assign OMB control numbers to
collection of information requests and
requirements conducted or sponsored
by the Board. In exercising this
delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Board’s functions,
including whether the information has
practical utility;
b. The accuracy of the Board’s
estimate of the burden of the proposed
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;
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Board should
modify the proposal.
jbell on DSK3GLQ082PROD with NOTICES
Proposal Under OMB Delegated
Authority To Extend For Three Years,
Without Revision, the Following
Information Collection
Report title: Reporting,
Recordkeeping, and Disclosure
Requirements Associated with
Regulation NN.
Agency form number: FR NN.
OMB control number: 7100–0353.
Frequency: Event generated.
Respondents: Banking institutions.
Estimated number of respondents:
Reporting: 1; recordkeeping: 2;
disclosure: 2.
Estimated average hours per response:
Reporting: 16; recordkeeping: 183;
disclosure: 787.
Estimated annual burden hours:
1,956.
VerDate Sep<11>2014
17:05 May 16, 2019
Jkt 247001
General description of report:
Regulation NN includes certain
reporting, recordkeeping, and disclosure
requirements for banking institutions
that elect to provide foreign currency
exchange services to retail consumers.
The regulation applies to state member
banks, uninsured state-licensed
branches of foreign banks, financial
holding companies, bank holding
companies, savings and loan holding
companies, agreement corporations, and
Edge Act corporations (collectively,
‘‘banking institutions’’) that engage in
retail foreign exchange transactions.
Legal authorization and
confidentiality: The reporting,
recordkeeping, and disclosure
requirements in Regulation NN are
authorized pursuant to section 2(c)(2)(E)
of the Commodity Exchange Act
(‘‘CEA’’), 7 U.S.C. 2(c)(2)(E). Section
2(c)(2)(E) of the CEA prohibits a United
States financial institution and its
related persons under the supervision of
a Federal regulatory agency, such as the
Board, from offering or entering into
certain types of foreign exchange
transactions with retail customers
except pursuant to a rule or regulation
prescribed by the appropriate Federal
regulatory agency allowing the
transaction under such terms and
conditions as the Federal regulatory
agency shall prescribe.
Regulation NN’s reporting
requirement (12 CFR 240.4),
recordkeeping requirements (12 CFR
240.7, 240.9(b)(2), and 240.13(a)) and
disclosure requirements (240.5(a), 240.6,
240.7, 240.9(b)(2), 240.10, 240.13(a) &
(c)–(d), 240.15, and 240.16(a) and (b))
are mandatory for banking institutions
that engage in retail foreign exchange
transactions.
The reporting requirement under
section 240.4 of Regulation NN requires
a banking institution to provide a prior
written notice to the Board that includes
information concerning customer due
diligence; the policies and procedures
for haircuts to be applied to noncash
margin; information concerning new
product approvals; and information on
addressing conflicts of interest. The
disclosure of this information is
reasonably likely to result in substantial
competitive harm to the banking
institution, and therefore, may be kept
confidential under exemption (b)(4) of
the Freedom of Information Act
(‘‘FOIA’’), which protects ‘‘trade secrets
and commercial or financial information
obtained from a person [that is]
privileged or confidential’’ (5 U.S.C.
552(b)(4)). In addition, the prior written
notice must also include a resolution of
the banking institution’s board of
directors certifying that the institution
PO 00000
Frm 00066
Fmt 4703
Sfmt 4703
22495
has written policies, procedures, and
risk measurement and management
systems and controls in place to ensure
retail foreign exchange transactions are
conducted in a safe and sound manner
and in compliance with Regulation NN.
Generally, this resolution by the board
of directors would not be accorded
confidential treatment. If confidential
treatment is requested by a banking
institution, the Board will review the
request to determine if confidential
treatment is appropriate.
The recordkeeping and disclosures
required under sections 240.5(a), 240.6,
240.7, 240.9(b)(2), 240.10, 240.13(a) &
(c)–(d), 240.15, and 240.16(a) and (b) of
Regulation NN generally are not
submitted to the Board. Accordingly, no
confidentiality issues will normally
arise under the FOIA. In the event such
records or disclosures are obtained by
the Federal Reserve through the
examination or enforcement process,
such information may be kept
confidential under exemption 8 of the
FOIA, which protects information
contained in or related to an
examination of a financial institution (5
U.S.C. 552(b)(8)).
Board of Governors of the Federal Reserve
System, May 14, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019–10246 Filed 5–16–19; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Administration for Children and
Families
Submission for OMB Review;
Comment Request
Proposed Projects
Title: Federal Tax Refund Offset,
Administrative Offset, and Passport
Denial.
OMB No.: 0970–0161.
Description: The Federal Tax Refund
Offset and Administrative Offset
(Federal Offset) programs collect pastdue child and spousal support by
intercepting certain federal payments,
including federal tax refunds, of parents
who have been ordered to pay support
and are delinquent. The Federal Offset
program is a cooperative effort among
the Department of the Treasury’s Bureau
of the Fiscal Service, the federal Office
of Child Support Enforcement (OCSE),
and state child support enforcement
agencies.
The Passport Denial program reports
noncustodial parents who owe child
E:\FR\FM\17MYN1.SGM
17MYN1
]]>Agencies
[Federal Register Volume 84, Number 96 (Friday, May 17, 2019)]
[Notices]
[Pages 22494-22495]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10246]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, without
revision, the Reporting, Recordkeeping, and Disclosure Requirements
Associated with Regulation NN (FR NN; OMB No. 7100-0353).
DATES: Comments must be submitted on or before July 16, 2019.
ADDRESSES: You may submit comments, identified by FR NN, 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: [email protected]. 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 on the Board's website at https://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, unless
modified for technical reasons. Accordingly, your comments will not be
edited to remove any identifying or contact information. Public
comments may also be viewed electronically or in paper in Room 146,
1709 New York Avenue 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 order to inspect and photocopy comments.
Additionally, commenters may send a copy of their comments to the
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.
FOR FURTHER INFORMATION CONTACT: A copy of the Paperwork Reduction Act
(PRA) OMB submission, including the proposed reporting form and
instructions, supporting statement, and other documentation will be
placed into OMB's public docket files, if approved. These documents
will also be made available on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested
from the agency clearance officer, whose name appears below.
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.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board
[[Page 22495]]
authority under the PRA to approve and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board. In exercising this delegated authority, the
Board is directed to take every reasonable step to solicit comment. In
determining whether to approve a collection of information, the Board
will consider all comments received from the public and other agencies.
Request for Comment on Information Collection Proposal
The Board invites public comment on the following information
collection, which is being reviewed under authority delegated by the
OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Board's functions, including whether the
information has practical utility;
b. The accuracy of the Board's estimate of the burden of the
proposed 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;
d. Ways to minimize the burden of information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
e. Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Extend For Three Years,
Without Revision, the Following Information Collection
Report title: Reporting, Recordkeeping, and Disclosure Requirements
Associated with Regulation NN.
Agency form number: FR NN.
OMB control number: 7100-0353.
Frequency: Event generated.
Respondents: Banking institutions.
Estimated number of respondents: Reporting: 1; recordkeeping: 2;
disclosure: 2.
Estimated average hours per response: Reporting: 16; recordkeeping:
183; disclosure: 787.
Estimated annual burden hours: 1,956.
General description of report: Regulation NN includes certain
reporting, recordkeeping, and disclosure requirements for banking
institutions that elect to provide foreign currency exchange services
to retail consumers. The regulation applies to state member banks,
uninsured state-licensed branches of foreign banks, financial holding
companies, bank holding companies, savings and loan holding companies,
agreement corporations, and Edge Act corporations (collectively,
``banking institutions'') that engage in retail foreign exchange
transactions.
Legal authorization and confidentiality: The reporting,
recordkeeping, and disclosure requirements in Regulation NN are
authorized pursuant to section 2(c)(2)(E) of the Commodity Exchange Act
(``CEA''), 7 U.S.C. 2(c)(2)(E). Section 2(c)(2)(E) of the CEA prohibits
a United States financial institution and its related persons under the
supervision of a Federal regulatory agency, such as the Board, from
offering or entering into certain types of foreign exchange
transactions with retail customers except pursuant to a rule or
regulation prescribed by the appropriate Federal regulatory agency
allowing the transaction under such terms and conditions as the Federal
regulatory agency shall prescribe.
Regulation NN's reporting requirement (12 CFR 240.4), recordkeeping
requirements (12 CFR 240.7, 240.9(b)(2), and 240.13(a)) and disclosure
requirements (240.5(a), 240.6, 240.7, 240.9(b)(2), 240.10, 240.13(a) &
(c)-(d), 240.15, and 240.16(a) and (b)) are mandatory for banking
institutions that engage in retail foreign exchange transactions.
The reporting requirement under section 240.4 of Regulation NN
requires a banking institution to provide a prior written notice to the
Board that includes information concerning customer due diligence; the
policies and procedures for haircuts to be applied to noncash margin;
information concerning new product approvals; and information on
addressing conflicts of interest. The disclosure of this information is
reasonably likely to result in substantial competitive harm to the
banking institution, and therefore, may be kept confidential under
exemption (b)(4) of the Freedom of Information Act (``FOIA''), which
protects ``trade secrets and commercial or financial information
obtained from a person [that is] privileged or confidential'' (5 U.S.C.
552(b)(4)). In addition, the prior written notice must also include a
resolution of the banking institution's board of directors certifying
that the institution has written policies, procedures, and risk
measurement and management systems and controls in place to ensure
retail foreign exchange transactions are conducted in a safe and sound
manner and in compliance with Regulation NN. Generally, this resolution
by the board of directors would not be accorded confidential treatment.
If confidential treatment is requested by a banking institution, the
Board will review the request to determine if confidential treatment is
appropriate.
The recordkeeping and disclosures required under sections 240.5(a),
240.6, 240.7, 240.9(b)(2), 240.10, 240.13(a) & (c)-(d), 240.15, and
240.16(a) and (b) of Regulation NN generally are not submitted to the
Board. Accordingly, no confidentiality issues will normally arise under
the FOIA. In the event such records or disclosures are obtained by the
Federal Reserve through the examination or enforcement process, such
information may be kept confidential under exemption 8 of the FOIA,
which protects information contained in or related to an examination of
a financial institution (5 U.S.C. 552(b)(8)).
Board of Governors of the Federal Reserve System, May 14, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-10246 Filed 5-16-19; 8:45 am]
BILLING CODE 6210-01-P
