Sunshine Act Meeting, 33263-33264 [2019-14930]

Download as PDF 33263 Federal Register / Vol. 84, No. 134 / Friday, July 12, 2019 / Notices 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 Estimated number of responses Estimated time per response (hours) Type of burden 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 ......................... ......................... .................... .................... .................... ......................... 3,633.20 General Description of Collection: The Interagency Guidance on Leveraged Lending (Guidance) outlines for agency-supervised institutions highlevel principles related to safe-andsound leveraged lending activities, including underwriting considerations, assessing and documenting enterprise value, risk management expectations for credits awaiting distribution, stresstesting 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 VerDate Sep<11>2014 16:55 Jul 11, 2019 Jkt 247001 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 July 8, 2019. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2019–14802 Filed 7–11–19; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that the Federal Deposit Insurance Corporation’s Board of Directors will meet in open session at 10:00 a.m. on Tuesday, July 16, 2019, to consider the following matters: PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 Frequency of response Total estimated annual burden (hours) Information collection (IC) description Total Estimated Annual Burden Hours ............. jbell on DSK3GLQ082PROD with NOTICES Estimated number of respondents Obligation to respond Summary Agenda No substantive discussion of the following items is anticipated. These matters will be resolved with a single vote unless a member of the Board of Directors requests that an item be moved to the discussion agenda. Disposition of Minutes of a Board of Directors’ Meeting Previously Distributed. Discussion Agenda Memorandum and resolution re: Final Rule on Recordkeeping for Timely Deposit Insurance Determination. Memorandum and resolution re: Final Rule on Joint Deposit Accounts. Memorandum and resolution re: Notice of Proposed Rulemaking— Proposed Amendment to Securitization Safe Harbor Rule. The meeting will be held in the Board Room located on the Sixth Floor of the FDIC Building located at 550 17th Street NW, Washington, DC. This Board meeting will be Webcast live via the internet and subsequently made available on-demand approximately one week after the event. Visit https://fdic.windrosemedia.com to view the event. If you need any technical assistance, please visit our Video Help page at: https:// www.fdic.gov/video.html. The FDIC will provide attendees with auxiliary aids (e.g., sign language interpretation) required for this meeting. Those attendees needing such assistance E:\FR\FM\12JYN1.SGM 12JYN1 33264 Federal Register / Vol. 84, No. 134 / Friday, July 12, 2019 / Notices should call 703–562–2404 (Voice) or 703–649–4354 (Video Phone) to make necessary arrangements. Requests for further information concerning the meeting may be directed to Mr. Robert E. Feldman, Executive Secretary of the Corporation, at 202– 898–7043. Dated at Washington, DC, on July 9, 2019. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2019–14930 Filed 7–10–19; 11:15 am] BILLING CODE 6714–01–P FEDERAL RESERVE SYSTEM [Docket No. OP–1668] Solicitation of Statements of Interest for Membership on the Insurance Policy Advisory Committee Board of Governors of the Federal Reserve System (Board). ACTION: Notice. AGENCY: The Economic Growth, Regulatory Relief, and Consumer Protection Act established at the Board an Insurance Policy Advisory Committee (IPAC). This Notice advises individuals who wish to serve as IPAC members of the opportunity to be considered for the IPAC. DATES: Statements of Interest received on or before September 10, 2019 will be given consideration for selection to the IPAC for appointment in the Fall of 2019. SUMMARY: Individuals who are interested in being considered for the IPAC may submit a Statement of Interest to IPAC@frb.gov. The Statement of Interest collects only contact information. Candidates may also choose to provide additional information for consideration as part of their interest in serving on the IPAC. Any such supplemental materials may also be emailed to IPAC@frb.gov. The Privacy Act Statement for IPAC Member Selection, which describes the purposes, authority, effects of nondisclosure, and uses of this information, can be found at https:// www.federalreserve.gov/aboutthefed/ ipac-privacy.htm. If electronic submission is not feasible, submissions may be mailed to the Board of Governors of the Federal Reserve System, Attn: Insurance Policy Advisory Committee, 20th Street and Constitution Avenue NW, Washington, DC 20551. FOR FURTHER INFORMATION CONTACT: Thomas Sullivan, Associate Director, jbell on DSK3GLQ082PROD with NOTICES ADDRESSES: VerDate Sep<11>2014 16:55 Jul 11, 2019 Jkt 247001 (202) 475–7656; Linda Duzick, Manager, (202) 728–5881; or Matthew Walker, Supervisory Insurance Valuation Analyst, (202) 872–4971, Division of Supervision and Regulation; or IPAC@ frb.gov. SUPPLEMENTARY INFORMATION: The Economic Growth, Regulatory Relief, and Consumer Protection Act established at the Board an Insurance Policy Advisory Committee (IPAC) to advise the Board on international capital standards and other insurance matters. This notice advises individuals of the opportunity to be considered for appointment to the IPAC. To assist with the selection of IPAC members, the Board will consider the information submitted by the candidate along with other information that it independently obtains. Council Size and Terms The IPAC will have no more than 21 members. The initial IPAC members will have staggered terms to provide the IPAC with continuity. Members chosen at subsequent times will be appointed to three-year terms unless the appointment is made to fill an unexpired term. The Board will provide a nominal honorarium and will reimburse IPAC members only for their actual travel expenses subject to Board policy. Statement of Interest The Statement of Interest for the IPAC collects the following contact information about the candidate: • Full name; • Address; • Phone number; and • Email address. At their option, candidates may also provide additional information for consideration as part of their interest in serving on the IPAC. Qualifications IPAC candidates should be insurance experts. The Board seeks a diverse set of expert perspectives from the various sectors of the U.S. insurance industry, including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, and experts on issues facing underserved insurance communities and consumers. The Board also seeks relevant actuarial, legal, regulatory, and accounting expertise as well as expertise on lines of business underwritten by its currently supervised population of insurance institutions. IPAC members must be willing and able to participate in organizational conference calls and prepare for and attend meetings in person. IPAC membership and attendance is not PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 delegable. The Board anticipates holding the inaugural IPAC meeting on November 4, 2019, in Washington, DC and expects to hold meetings twice a year starting in 2020. By order of the Board of Governors of the Federal Reserve System, July 9, 2019. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2019–14873 Filed 7–11–19; 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 Federal Reserve Payments Study (FR 3066; OMB No. 7100–0351). 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. 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. A copy of the Paperwork Reduction Act (PRA) OMB submission, including the reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files. These documents also are available on the Federal Reserve 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 above. SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the 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 AGENCY: E:\FR\FM\12JYN1.SGM 12JYN1

Agencies

[Federal Register Volume 84, Number 134 (Friday, July 12, 2019)]
[Notices]
[Pages 33263-33264]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-14930]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Sunshine Act Meeting

    Pursuant to the provisions of the ``Government in the Sunshine 
Act'' (5 U.S.C. 552b), notice is hereby given that the Federal Deposit 
Insurance Corporation's Board of Directors will meet in open session at 
10:00 a.m. on Tuesday, July 16, 2019, to consider the following 
matters:

Summary Agenda

    No substantive discussion of the following items is anticipated. 
These matters will be resolved with a single vote unless a member of 
the Board of Directors requests that an item be moved to the discussion 
agenda.
    Disposition of Minutes of a Board of Directors' Meeting Previously 
Distributed.

Discussion Agenda

    Memorandum and resolution re: Final Rule on Recordkeeping for 
Timely Deposit Insurance Determination.
    Memorandum and resolution re: Final Rule on Joint Deposit Accounts.
    Memorandum and resolution re: Notice of Proposed Rulemaking--
Proposed Amendment to Securitization Safe Harbor Rule.
    The meeting will be held in the Board Room located on the Sixth 
Floor of the FDIC Building located at 550 17th Street NW, Washington, 
DC.
    This Board meeting will be Webcast live via the internet and 
subsequently made available on-demand approximately one week after the 
event. Visit https://fdic.windrosemedia.com to view the event. If you 
need any technical assistance, please visit our Video Help page at: 
https://www.fdic.gov/video.html.
    The FDIC will provide attendees with auxiliary aids (e.g., sign 
language interpretation) required for this meeting. Those attendees 
needing such assistance

[[Page 33264]]

should call 703-562-2404 (Voice) or 703-649-4354 (Video Phone) to make 
necessary arrangements.
    Requests for further information concerning the meeting may be 
directed to Mr. Robert E. Feldman, Executive Secretary of the 
Corporation, at 202-898-7043.

    Dated at Washington, DC, on July 9, 2019.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2019-14930 Filed 7-10-19; 11:15 am]
 BILLING CODE 6714-01-P
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