Proposed Agency Information Collection Activities; Comment Request, 31866-31868 [2019-14261]

Download as PDF 31866 Federal Register / Vol. 84, No. 128 / Wednesday, July 3, 2019 / Notices FERCOnlineSupport@ferc.gov. or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER19–2266–000] jspears on DSK30JT082PROD with NOTICES Quitman Solar, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for Blanket Section 204 Authorization This is a supplemental notice in the above-referenced proceeding of Quitman Solar, LLC’s application for market-based rate authority, with an accompanying rate tariff, noting that such application includes a request for blanket authorization, under 18 CFR part 34, of future issuances of securities and assumptions of liability. Any person desiring to intervene or to protest should file with the Federal Energy Regulatory Commission, 888 First Street NE, Washington, DC 20426, in accordance with Rules 211 and 214 of the Commission’s Rules of Practice and Procedure (18 CFR 385.211 and 385.214). Anyone filing a motion to intervene or protest must serve a copy of that document on the Applicant. Notice is hereby given that the deadline for filing protests with regard to the applicant’s request for blanket authorization, under 18 CFR part 34, of future issuances of securities and assumptions of liability, is July 17, 2019. The Commission encourages electronic submission of protests and interventions in lieu of paper, using the FERC Online links at http:// www.ferc.gov. To facilitate electronic service, persons with internet access who will eFile a document and/or be listed as a contact for an intervenor must create and validate an eRegistration account using the eRegistration link. Select the eFiling link to log on and submit the intervention or protests. Persons unable to file electronically should submit an original and 5 copies of the intervention or protest to the Federal Energy Regulatory Commission, 888 First Street NE, Washington, DC 20426. The filings in the above-referenced proceeding are accessible in the Commission’s eLibrary system by clicking on the appropriate link in the above list. They are also available for electronic review in the Commission’s Public Reference Room in Washington, DC. There is an eSubscription link on the website that enables subscribers to receive email notification when a document is added to a subscribed docket(s). For assistance with any FERC Online service, please email VerDate Sep<11>2014 19:23 Jul 02, 2019 Jkt 247001 Dated: June 27, 2019. Nathaniel J. Davis, Sr., Deputy Secretary. FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: [FR Doc. 2019–14201 Filed 7–2–19; 8:45 am] BILLING CODE 6717–01–P The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Recordkeeping Provisions Associated with Guidance on Leveraged Lending (FR 4203; OMB No. 7100–0354). DATES: Comments must be submitted on or before September 3, 2019. ADDRESSES: You may submit comments, identified by FR 4203, 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: 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 from 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 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 PRA OMB submission, SUMMARY: FEDERAL MARITIME COMMISSION Notice of Agreements Filed The Commission hereby gives notice of the filing of the following agreements under the Shipping Act of 1984. Interested parties may submit comments on the agreements to the Secretary by email at Secretary@fmc.gov, or by mail, Federal Maritime Commission, Washington, DC 20573, within twelve days of the date this notice appears in the Federal Register. Copies of agreements are available through the Commission’s website (www.fmc.gov) or by contacting the Office of Agreements at (202) 523–5793 or tradeanalysis@ fmc.gov. Agreement No.: 201310. Agreement Name: PFL/CNCO Slot Charter Agreement. Parties: Pacific Forum Line (Group) Limited and The China Navigation Co. Ptd. Ltd. Filing Party: David Monroe; GKG Law. Synopsis: The Agreement authorizes PFL to charter space to CNCO in the trade between American Samoa on the one hand, and Australia, New Caledonia, Vanuatu, Fiji, Samoa, and Tonga on the other hand. Proposed Effective Date: 8/5/2019. Location: http://fmcinet/ Fmc.Agreements.Web/Public/ AgreementHistory/22415. Agreement No.: 201311. Agreement Name: NPL/CNCO Slot Charter Agreement. Parties: Neptune Pacific Line Inc. and The China Navigation Co. Ptd. Ltd. Filing Party: David Monroe; GKG Law. Synopsis: The Agreement authorizes NPL to charter space to CNCO in the trade between American Samoa on the one hand, and Australia, New Caledonia, Vanuatu, Fiji, Samoa, and Tonga on the other hand. Proposed Effective Date: 8/5/2019. Location: http://fmcinet/ Fmc.Agreements.Web/Public/ AgreementHistory/22416. Dated: June 28, 2019. JoAnne D. O’Bryant, Program Analyst. [FR Doc. 2019–14239 Filed 7–2–19; 8:45 am] BILLING CODE 6731–AA–P PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 E:\FR\FM\03JYN1.SGM 03JYN1 Federal Register / Vol. 84, No. 128 / Wednesday, July 3, 2019 / Notices jspears on DSK30JT082PROD with NOTICES 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. 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. 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. VerDate Sep<11>2014 19:23 Jul 02, 2019 Jkt 247001 Proposal Under OMB Delegated Authority To Extend for Three Years, Without Revision, the Following Information Collection Report title: Recordkeeping Provisions Associated with Guidance on Leveraged Lending. Agency form number: FR 4203. OMB control number: 7100–0354. Frequency: On occasion. Respondents: All financial institutions substantively engaged in leveraged lending activities supervised by the Board. Estimated number of respondents: 40. Estimated average hours per response: 755 hours. Estimated annual burden hours: 30,200 hours. General description of report: The Interagency Guidance on Leveraged Lending (Guidance) 1 outlines high-level principles related to safe-and-sound leveraged lending activities. The Guidance includes a number of voluntary recordkeeping provisions that apply to financial institutions for which the Board is the primary federal supervisor that engage in leveraged lending activities, including bank holding companies, savings and loan holding companies, state member banks, and state-chartered branches and agencies of foreign banks that engage in these activities. There are no reporting forms associated with this information collection (the FR 4203 designation is for internal purposes only). The Guidance includes several provisions that suggest financial institutions engage in recordkeeping. The guidance states that institutions should maintain: • Well-defined underwriting standards that, among other things, define acceptable leverage levels and describe amortization expectations for senior and subordinate debt; • sound management information systems that enable management to identify, aggregate, and monitor leveraged exposures and comply with policy across all business lines; • strong pipeline management policies and procedures that, among other things, provide for real-time information on exposures and limits, and exceptions to the timing of expected distributions and approved hold levels; and • guidelines for conducting periodic portfolio and pipeline stress tests to 1 ‘‘Interagency Guidance on Leveraged Lending,’’ March 21, 2013, available at https:// www.federalreserve.gov/supervisionreg/srletters/ sr1303a1.pdf. The Guidance was published jointly by the Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation. PO 00000 Frm 00036 Fmt 4703 Sfmt 4703 31867 quantify the potential impact of economic and market conditions on the institution’s asset quality, earnings, liquidity, and capital. Many community banks are not subject to the Guidance because they do not engage in leveraged lending. The limited number of community and smaller institutions that are involved in leveraged lending activities may discuss with the Federal Reserve System how to implement these collections of information in a cost-effective manner that is appropriate for the complexity of their exposures and activities. Legal authorization and confidentiality: The recordkeeping provisions of the Guidance are authorized pursuant to sections 9(6), 25, and 25A of the Federal Reserve Act (12 U.S.C. 324, 602, and 625) (for state member banks, agreement corporations, and Edge corporations, respectively); section 5(c) of the Bank Holding Company Act (12 U.S.C. 1844(c)) (for bank holding companies); section 10(b)(3) of the Home Owners’ Loan Act (12 U.S.C. 1467a(b)(3)) (for savings and loan holding companies); and section 7(c)(2) of the International Banking Act (12 U.S.C. 3105(c)(2)) (for state-licensed branches and agencies of foreign banks, other than insured branches). The information collections under the FR 4203 are voluntary. Because these records would be maintained at each banking organization, the Freedom of Information Act (FOIA) would only be implicated if the Board obtained such records as part of the examination or supervision of a banking organization. In the event the records are obtained by the Board as part of an examination or supervision of a financial institution, this information may be withheld from disclosure pursuant to exemption 8 of the FOIA, which protects information contained in ‘‘examination, operating, or condition reports’’ obtained in the bank supervisory process (5 U.S.C. 552(b)(8)). In addition, the information may also be kept confidential under exemption 4 of the FOIA, which protects ‘‘commercial or financial information obtained from a person [that is] privileged or confidential’’ (5 U.S.C. 552(b)(4)). Consultation outside the agency: The Board, FDIC, and OCC are discussing whether revisions to the interagency guidance are appropriate. Current actions: Because there is no actual collection of information as part of the leverage lending guidance, the Board’s estimates of the number of respondents is a conservative estimate based on available supervisory information. The Board invites comment on the number of institutions E:\FR\FM\03JYN1.SGM 03JYN1 31868 Federal Register / Vol. 84, No. 128 / Wednesday, July 3, 2019 / Notices that are affected by the leverage lending guidance. Board of Governors of the Federal Reserve System, June 28, 2019. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2019–14261 Filed 7–2–19; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM jspears on DSK30JT082PROD 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. 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 July 30, 2019. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23219. Comments can also be sent electronically to Comments.applications@rich.frb.org: 1. Allegheny Bancshares, Inc., Franklin, West Virginia; to acquire 100 percent of the voting shares of Mount Hope Bankshares, Inc., and thereby indirectly acquire Bank of Mount Hope, Inc., both of Mount Hope, West Virginia. VerDate Sep<11>2014 19:23 Jul 02, 2019 Jkt 247001 3090–XXXX, Improving Customer Experience (A–11, Section 280), by any of the following methods: Yao-Chin Chao, • Federal eRulemaking portal: Assistant Secretary of the Board. https://www.regulations.gov. Follow the [FR Doc. 2019–14218 Filed 7–2–19; 8:45 am] instructions for submitting comments. BILLING CODE 6210–01–P Comments submitted electronically, including attachments to https:// www.regulations.gov, will be posted to the docket unchanged. FEDERAL RETIREMENT THRIFT • Mail: General Services INVESTMENT Administration, Regulatory Secretariat Division (MVCB), 1800 F Street NW, Sunshine Act Meetings Washington, DC 20405. ATTN: Ms. TIME AND DATE: July 2, 2019, 10:00 a.m. Mandell/IC 3090–XXXX, Improving Customer Experience, A–11, Section PLACE: Telephonic. 280. STATUS: All parts of this meeting will be Instructions: Please submit comments closed. only and cite Information Collection Closed Session 3090–XXXX, Improving Customer Experience, in all correspondence Information covered under 5 U.S.C. related to this collection. To confirm 552b(c)(6). receipt of your comment(s), please CONTACT PERSON FOR MORE INFORMATION: check regulations.gov, approximately Kimberly Weaver, Director, Office of two-to-three business days after External Affairs, (202) 942–1640. submission to verify posting (except Dated: July 1, 2019. allow 30 days for posting of comments submitted by mail). Megan Grumbine, General Counsel, Federal Retirement Thrift FOR FURTHER INFORMATION CONTACT: Investment Board. Requests for additional information should be directed to Amira Boland, [FR Doc. 2019–14385 Filed 7–1–19; 4:15 pm] Office of Government-wide Policy, 1800 BILLING CODE 6760–01–P F St. NW, Washington, DC 20405, or via email to amira.boland@gsa.gov. SUPPLEMENTARY INFORMATION: GENERAL SERVICES Title: Improving Customer ADMINISTRATION Experience, (A–11, Section 280) Abstract: A modern, streamlined and [OMB Control No. 3090–XXXX]; [Docket No. 2019–0001; Sequence No. 11] responsive customer experience means: Raising government-wide customer Information Collection; Improving experience to the average of the private Customer Experience—Implementation sector service industry; developing of Section 280 of OMB Circular A–11 indicators for high-impact Federal programs to monitor progress towards AGENCY: General Services excellent customer experience and Administration. mature digital services; and providing ACTION: Notice and request for the structure (including increasing comments. transparency) and resources to ensure customer experience is a focal point for SUMMARY: As part of the agency leadership. Administration’s commitment to This proposed information collection improving customer service delivery, activity provides a means to garner the General Services Administration customer and stakeholder feedback in (GSA), is coordinating the government an efficient, timely manner in wide development of the following accordance with the Administration’s proposed Information Collection commitment to improving customer Request ‘‘Improving Customer service delivery as discussed in Section Experience—Implementation of Section 280 of OMB Circular A–11 at https:// 280 of OMB Circular A–11’’ for approval www.whitehouse.gov/wp-content/ under the Paperwork Reduction Act. uploads/2018/06/s280.pdf. This notice announces GSA will be Section 280.7 established seven submitting on this collection to OMB for domains for measuring customer approval and solicits comments on experience. specific aspects of the proposed • Overall: (1) Satisfaction, (2) information collection. Confidence/Trust DATES: Submit comments on or before: • Service: (3) Quality September 3, 2019. • Process: (4) Ease/Simplicity, (5) Efficiency/Speed, (6) Equity/ ADDRESSES: Submit comments Transparency identified by Information Collection Board of Governors of the Federal Reserve System, June 28, 2019. PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 E:\FR\FM\03JYN1.SGM 03JYN1

Agencies

[Federal Register Volume 84, Number 128 (Wednesday, July 3, 2019)]
[Notices]
[Pages 31866-31868]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-14261]


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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 Recordkeeping Provisions Associated with Guidance on 
Leveraged Lending (FR 4203; OMB No. 7100-0354).

DATES: Comments must be submitted on or before September 3, 2019.

ADDRESSES: You may submit comments, identified by FR 4203, 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 from 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 
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 PRA OMB submission,

[[Page 31867]]

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.

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. 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: Recordkeeping Provisions Associated with Guidance on 
Leveraged Lending.
    Agency form number: FR 4203.
    OMB control number: 7100-0354.
    Frequency: On occasion.
    Respondents: All financial institutions substantively engaged in 
leveraged lending activities supervised by the Board.
    Estimated number of respondents: 40.
    Estimated average hours per response: 755 hours.
    Estimated annual burden hours: 30,200 hours.
    General description of report: The Interagency Guidance on 
Leveraged Lending (Guidance) \1\ outlines high-level principles related 
to safe-and-sound leveraged lending activities. The Guidance includes a 
number of voluntary recordkeeping provisions that apply to financial 
institutions for which the Board is the primary federal supervisor that 
engage in leveraged lending activities, including bank holding 
companies, savings and loan holding companies, state member banks, and 
state-chartered branches and agencies of foreign banks that engage in 
these activities. There are no reporting forms associated with this 
information collection (the FR 4203 designation is for internal 
purposes only).
---------------------------------------------------------------------------

    \1\ ``Interagency Guidance on Leveraged Lending,'' March 21, 
2013, available at https://www.federalreserve.gov/supervisionreg/srletters/sr1303a1.pdf. The Guidance was published jointly by the 
Board, the Office of the Comptroller of the Currency, and the 
Federal Deposit Insurance Corporation.
---------------------------------------------------------------------------

    The Guidance includes several provisions that suggest financial 
institutions engage in recordkeeping. The guidance states that 
institutions should maintain:
     Well-defined underwriting standards that, among other 
things, define acceptable leverage levels and describe amortization 
expectations for senior and subordinate debt;
     sound management information systems that enable 
management to identify, aggregate, and monitor leveraged exposures and 
comply with policy across all business lines;
     strong pipeline management policies and procedures that, 
among other things, provide for real-time information on exposures and 
limits, and exceptions to the timing of expected distributions and 
approved hold levels; and
     guidelines for conducting periodic portfolio and pipeline 
stress tests to quantify the potential impact of economic and market 
conditions on the institution's asset quality, earnings, liquidity, and 
capital.
    Many community banks are not subject to the Guidance because they 
do not engage in leveraged lending. The limited number of community and 
smaller institutions that are involved in leveraged lending activities 
may discuss with the Federal Reserve System how to implement these 
collections of information in a cost-effective manner that is 
appropriate for the complexity of their exposures and activities.
    Legal authorization and confidentiality: The recordkeeping 
provisions of the Guidance are authorized pursuant to sections 9(6), 
25, and 25A of the Federal Reserve Act (12 U.S.C. 324, 602, and 625) 
(for state member banks, agreement corporations, and Edge corporations, 
respectively); section 5(c) of the Bank Holding Company Act (12 U.S.C. 
1844(c)) (for bank holding companies); section 10(b)(3) of the Home 
Owners' Loan Act (12 U.S.C. 1467a(b)(3)) (for savings and loan holding 
companies); and section 7(c)(2) of the International Banking Act (12 
U.S.C. 3105(c)(2)) (for state-licensed branches and agencies of foreign 
banks, other than insured branches).
    The information collections under the FR 4203 are voluntary. 
Because these records would be maintained at each banking organization, 
the Freedom of Information Act (FOIA) would only be implicated if the 
Board obtained such records as part of the examination or supervision 
of a banking organization. In the event the records are obtained by the 
Board as part of an examination or supervision of a financial 
institution, this information may be withheld from disclosure pursuant 
to exemption 8 of the FOIA, which protects information contained in 
``examination, operating, or condition reports'' obtained in the bank 
supervisory process (5 U.S.C. 552(b)(8)). In addition, the information 
may also be kept confidential under exemption 4 of the FOIA, which 
protects ``commercial or financial information obtained from a person 
[that is] privileged or confidential'' (5 U.S.C. 552(b)(4)).
    Consultation outside the agency: The Board, FDIC, and OCC are 
discussing whether revisions to the interagency guidance are 
appropriate.
    Current actions: Because there is no actual collection of 
information as part of the leverage lending guidance, the Board's 
estimates of the number of respondents is a conservative estimate based 
on available supervisory information. The Board invites comment on the 
number of institutions

[[Page 31868]]

that are affected by the leverage lending guidance.

    Board of Governors of the Federal Reserve System, June 28, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-14261 Filed 7-2-19; 8:45 am]
 BILLING CODE 6210-01-P