Agency Information Collection Activities: Submission for OMB Review; Comment Request (OMB No. 3064-0174; and -0191), 31591-31592 [2019-14084]
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31591
Federal Register / Vol. 84, No. 127 / Tuesday, July 2, 2019 / Notices
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–3128, 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:
ADDRESSES:
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request (OMB No.
3064–0174; and –0191)
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 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collections described below
(3064–0174; and –0191).
DATES: Comments must be submitted on
or before August 1, 2019.
SUMMARY:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Counsel, 202–898–3767,
mcabeza@fdic.gov, MB–3128, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal To Renew the Following
Currently Approved Collection of
Information
1. Title: Funding and Liquidity Risk
Management.
OMB Number: 3064–0174.
Form Number: None.
Affected Public: Businesses or other
for-profits.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Estimated
number of
respondents
Estimated
number of
responses
Estimated
time per
response
(hours)
Type of
burden
Obligation
to respond
Par. 14—Strategies, Policies, Procedures and
Risk Tolerances.
Par. 20—Liquidity Risk Management, Measurement, Monitoring and Reporting.
Recordkeeping ..
Voluntary ...........
3,483
1
96.42
On Occasion .....
335,830.86
Reporting ...........
Voluntary ...........
3,483
12
4
On Occasion .....
167,184
Total Estimated Annual Burden Hours .......
...........................
...........................
....................
....................
....................
...........................
503,014.86
General Description of Collection: The
information collection includes
reporting and recordkeeping burdens
related to sound risk management
principles applicable to insured
depository institutions. To enable an
institution and its supervisor to evaluate
the liquidity risk exposure of an
institution’s individual business lines
and for the institution as a whole, the
Interagency Policy Statement on
Funding and Liquidity Risk
Management (Interagency Statement)
summarizes principles of sound
liquidity risk management and
advocates the establishment of policies
and procedures that consider liquidity
costs, benefits, and risks in strategic
planning. In addition, the Interagency
Statement encourages the use of
liquidity risk reports that provide
detailed and aggregate information on
items such as cash flow gaps, cash flow
projections, assumptions used in cash
flow projections, asset and funding
concentrations, funding availability, and
early warning or risk indicators. This is
intended to enable management to
assess an institution’s sensitivity to
changes in market conditions, the
institution’s financial performance, and
other important risk factors.
Frequency of
response
Total
estimated
annual
burden
(hours)
Information collection (IC) description
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is the result
of economic fluctuation. In particular,
the number of respondents has
decreased while the hours per response
and frequency of responses have
remained the same.
2. Title: Interagency Guidance on
Leveraged Lending.
OMB Number: 3064–0191.
Form Number: None.
Affected Public: Insured state
nonmember banks and savings
associations.
Burden Estimate:
khammond on DSKBBV9HB2PROD with NOTICES
SUMMARY OF ANNUAL BURDEN
Estimated
number of
respondents
Estimated
number of
responses
Estimated
time per
response
(hours)
Type of
burden
Obligation
to respond
Interagency Guidance on Leveraged Lending—
Implementation.
Interagency Guidance on Leveraged Lending—
Ongoing.
Recordkeeping ..
Voluntary ...........
1
1
986.70
On Occasion .....
986.70
Recordkeeping ..
Voluntary ...........
5
1
529.3
On Occasion .....
2,646.50
Total Estimated Annual Burden Hours .......
...........................
...........................
....................
....................
....................
...........................
3,633.20
General Description of Collection: The
Interagency Guidance on Leveraged
VerDate Sep<11>2014
17:00 Jul 01, 2019
Jkt 247001
Lending (Guidance) outlines for agencysupervised institutions high-level
PO 00000
Frm 00031
Fmt 4703
Sfmt 4703
Frequency of
response
Total
estimated
annual
burden
(hours)
Information collection (IC) description
principles related to safe-and-sound
leveraged lending activities, including
E:\FR\FM\02JYN1.SGM
02JYN1
31592
Federal Register / Vol. 84, No. 127 / Tuesday, July 2, 2019 / Notices
underwriting considerations, assessing
and documenting enterprise value, risk
management expectations for credits
awaiting distribution, stress-testing
expectations, pipeline portfolio
management, and risk management
expectations for exposures held by the
institution. This Guidance provides
information to all financial institutions
supervised by the Office of the
Comptroller of the Currency, the Board
of Governors of the Federal Reserve
System and the FDIC (the Agencies) that
engage in leveraged lending activities.
The number of community banks with
substantial involvement in leveraged
lending is small; therefore, the Agencies
generally expect community banks to be
largely unaffected by this information
collection.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is the result
of economic fluctuation. In particular,
the number of respondents has
decreased 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 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 June 27, 2019.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2019–14084 Filed 7–1–19; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL MARITIME COMMISSION
khammond on DSKBBV9HB2PROD with NOTICES
Performance Review Board
Federal Maritime Commission
Notice
AGENCY:
ACTION:
Notice is hereby given of the
names of the members of the
Performance Review Board.
FOR FURTHER INFORMATION CONTACT:
William ‘‘Todd’’ Cole, Director Office of
SUMMARY:
VerDate Sep<11>2014
17:00 Jul 01, 2019
Jkt 247001
Human Resources, Federal Maritime
Commission, 800 North Capitol Street
NW, Washington, DC 20573.
SUPPLEMENTARY INFORMATION: Sec.
4314(c)(1) through (5) of title 5, U.S.C.,
requires each agency to establish, in
accordance with regulations prescribed
by the Office of Personnel Management,
one or more performance review boards.
The board shall review and evaluate the
initial appraisal of a senior executive’s
performance by the supervisor, along
with any recommendations to the
appointing authority relative to the
performance of the senior executive.
JoAnne D. O’Bryant,
Program Analyst.
The Members of the Performance
Review Board Are
1. Louis E. Sola, Commissioner
2. Erin M. Wirth, Chief Administrative
Law Judge
3. Mary T. Hoang, Chief of Staff
4. Sandra L. Kusumoto, Director, Bureau
of Certification and Licensing
5. Tyler J. Wood, General Counsel
6. Florence A. Carr, Director, Bureau of
Trade Analysis
7. Rebecca A. Fenneman, Director,
Office of Consumer Affairs &
Dispute Resolution Services
8. Karen V. Gregory, Managing Director
9. Peter J. King, Assistant Managing
Director
[FR Doc. 2019–14106 Filed 7–1–19; 8:45 am]
BILLING CODE 6731–AA–P
FEDERAL RESERVE SYSTEM
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.
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
PO 00000
Frm 00032
Fmt 4703
Sfmt 4703
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 July 29, 2019.
A. Federal Reserve Bank of Kansas
City (Dennis Denney, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri 64198–0001:
1. Firstar Financial Corp., Muskogee,
Oklahoma; to acquire voting shares of
Fort Gibson State Bank, Fort Gibson,
Oklahoma. In connection with this
application, Applicant also has applied
to acquire the Steve Clinkenbeard
Agency, Fort Gibson, Oklahoma, and
thereby engage in the sale of insurance
in a town of less than 5,000 in
population pursuant to 12 CFR
228.28(b)(11)(i) and Tri-Rivers
Insurance, LLP, Fort Gibson, Oklahoma,
and thereby engage in credit-related
insurance activities pursuant to 12 CFR
228.28(b)(11)(i) Regulation Y.
B. Federal Reserve Bank of
Minneapolis (Mark A. Rauzi, Vice
President), 90 Hennepin Avenue,
Minneapolis, Minnesota 55480–0291:
1. Bank Forward Employee Stock
Ownership Plan and Trust, Fargo, North
Dakota; to acquire up to 35 percent of
Security State Bank Holding Company,
Fargo, North Dakota, and thereby
indirectly acquire shares of Bank
Forward, Hannaford, North Dakota.
Board of Governors of the Federal Reserve
System, June 27, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019–14097 Filed 7–1–19; 8:45 am]
BILLING CODE P
GENERAL SERVICES
ADMINISTRATION
[OMB Control No. 3090–0274; Docket No.
2019–0001; Sequence No. 2]
Submission for OMB Review; Public
Buildings Service; Art-in-Architecture
Program National Artist Registry, GSA
Form 7437
Public Buildings Service,
General Services Administration (GSA).
ACTION: Notice; request for comments.
AGENCY:
Under the provisions of the
Paperwork Reduction Act, the
Regulatory Secretariat Division will be
SUMMARY:
E:\FR\FM\02JYN1.SGM
02JYN1
]]>Agencies
[Federal Register Volume 84, Number 127 (Tuesday, July 2, 2019)]
[Notices]
[Pages 31591-31592]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-14084]
[[Page 31591]]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Comment Request (OMB No. 3064-0174; and -0191)
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 (PRA), invites the general public and other
Federal agencies to take this opportunity to comment on the renewal of
the existing information collections described below (3064-0174; and -
0191).
DATES: Comments must be submitted on or before August 1, 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: [email protected]. Include the name and number of
the collection in the subject line of the message.
Mail: Manny Cabeza (202-898-3767), Counsel, MB-3128,
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.
FOR FURTHER INFORMATION CONTACT: Manny Cabeza, Counsel, 202-898-3767,
[email protected], MB-3128, Federal Deposit Insurance Corporation, 550
17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal To Renew the Following Currently Approved Collection of
Information
1. Title: Funding and Liquidity Risk Management.
OMB Number: 3064-0174.
Form Number: None.
Affected Public: Businesses or other for-profits.
Burden Estimate:
Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total
Estimated Estimated Estimated estimated
Information collection (IC) Type of burden Obligation to respond number of number of time per Frequency of response annual
description respondents responses response burden
(hours) (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Par. 14--Strategies, Policies, Recordkeeping........ Voluntary............ 3,483 1 96.42 On Occasion.......... 335,830.86
Procedures and Risk Tolerances.
Par. 20--Liquidity Risk Reporting............ Voluntary............ 3,483 12 4 On Occasion.......... 167,184
Management, Measurement,
Monitoring and Reporting.
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Total Estimated Annual ..................... ..................... ........... ........... ........... ..................... 503,014.86
Burden Hours.
--------------------------------------------------------------------------------------------------------------------------------------------------------
General Description of Collection: The information collection
includes reporting and recordkeeping burdens related to sound risk
management principles applicable to insured depository institutions. To
enable an institution and its supervisor to evaluate the liquidity risk
exposure of an institution's individual business lines and for the
institution as a whole, the Interagency Policy Statement on Funding and
Liquidity Risk Management (Interagency Statement) summarizes principles
of sound liquidity risk management and advocates the establishment of
policies and procedures that consider liquidity costs, benefits, and
risks in strategic planning. In addition, the Interagency Statement
encourages the use of liquidity risk reports that provide detailed and
aggregate information on items such as cash flow gaps, cash flow
projections, assumptions used in cash flow projections, asset and
funding concentrations, funding availability, and early warning or risk
indicators. This is intended to enable management to assess an
institution's sensitivity to changes in market conditions, the
institution's financial performance, and other important risk factors.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is the result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response and frequency of responses have remained
the same.
2. Title: Interagency Guidance on Leveraged Lending.
OMB Number: 3064-0191.
Form Number: None.
Affected Public: Insured state nonmember banks and savings
associations.
Burden Estimate:
Summary of Annual Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total
Estimated Estimated Estimated estimated
Information collection (IC) Type of burden Obligation to respond number of number of time per Frequency of response annual
description respondents responses response burden
(hours) (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interagency Guidance on Recordkeeping........ Voluntary............ 1 1 986.70 On Occasion.......... 986.70
Leveraged Lending--
Implementation.
Interagency Guidance on Recordkeeping........ Voluntary............ 5 1 529.3 On Occasion.......... 2,646.50
Leveraged Lending--Ongoing.
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Total Estimated Annual ..................... ..................... ........... ........... ........... ..................... 3,633.20
Burden Hours.
--------------------------------------------------------------------------------------------------------------------------------------------------------
General Description of Collection: The Interagency Guidance on
Leveraged Lending (Guidance) outlines for agency-supervised
institutions high-level principles related to safe-and-sound leveraged
lending activities, including
[[Page 31592]]
underwriting considerations, assessing and documenting enterprise
value, risk management expectations for credits awaiting distribution,
stress-testing expectations, pipeline portfolio management, and risk
management expectations for exposures held by the institution. This
Guidance provides information to all financial institutions supervised
by the Office of the Comptroller of the Currency, the Board of
Governors of the Federal Reserve System and the FDIC (the Agencies)
that engage in leveraged lending activities. The number of community
banks with substantial involvement in leveraged lending is small;
therefore, the Agencies generally expect community banks to be largely
unaffected by this information collection.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is the result of economic
fluctuation. In particular, the number of respondents has decreased
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 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 June 27, 2019.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2019-14084 Filed 7-1-19; 8:45 am]
BILLING CODE 6714-01-P
