Debt Collection Practices (Regulation F); Extension of Comment Period, 17299-17300 [2020-06237]
Download as PDF
<![CDATA[
khammond on DSKJM1Z7X2PROD with PROPOSALS
Federal Register / Vol. 85, No. 60 / Friday, March 27, 2020 / Proposed Rules
websites, intranets, and Web
applications used on customer websites.
Offering web content management
(WCM) systems to simplify the
publication of web content and updates
to websites and mobile devices, subject
to the following conditions:
a. Maintain business recovery plan
ensuring uninterrupted operations.
b. Maintain bond/liability insurance
appropriate for activity.
c. Adhere to AICPA audit standards
for reporting on controls at a service
organization.
d. Annually provide OCCU copy of
bond/liability insurance, business
contingency plans & test results.
2. Web Authentication & Security
Monitoring: Web security and
monitoring services such as
authentication and encryption of
passwords and other similar techniques
for secure member login to intranets,
extranets, and private websites; host
based intrusion protection and
detection; log monitoring; hacker-safe
monitoring programs; and configuration
and daily administration web security
and other similar monitoring services,
subject to the following conditions:
a. Comply with the Security Program
Requirements—Part 748 of the NCUA
Rules and Regulations.
b. Comply with NCUA and FFIEC
Guidance for Authentication in an
internet Banking Environment as
applicable.
c. Maintain bond/liability insurance
appropriate for activity.
d. Adhere to AICPA audit standards
for reporting on controls at a service
organization.
e. Annually provide OCCU copy of
bond/liability insurance, business
contingency plans & test results.
3. Software Systems Development/
Application Programming Interface
(API) Development: Designing, coding,
testing and updating custom software
system data programs and other code
(e.g., scripts). Application Programming
Interface (API) development includes
developing, testing, and updating
custom applications which interface
with other existing systems and
applications such as core processing
systems, subject to the following
conditions:
a. Comply with the Security Program
Requirements—Part 748 of the NCUA
Rules and Regulations.
b. Conduct independent code review
for custom software systems and
applications.
c. Adhere to audit standards for thirdparty service providers.
d. Maintain source code for custom
developed software systems in escrow
or in similar arrangement.
VerDate Sep<11>2014
15:54 Mar 26, 2020
Jkt 250001
4. Secure Collaboration Services:
Programs, systems, or sites for
establishing secure communication
channels for private document storage
and distribution, and dissemination of
confidential or sensitive information for
the purpose of collaboration between
authorized parties, provided that the
corporate CUSO complies with the
Security Program Requirements—Part
748 of the NCUA Rules and Regulations.
5. Information Technology (IT)
Consulting and Management Services:
Consulting and management services for
IT infrastructure design and
architecture, system security,
administration, support, resource
management and monitoring. Services
include offering Software as a Service
(SaaS), Infrastructure as a Service (IaaS),
Platform as a Service (PaaS), and
planning and management, and the
provisioning of hardware and software
for business continuity planning to
include online data backup and
recovery services, subject to the
following conditions:
a. Comply with the Security Program
Requirements—Part 748 and Records
Preservation Program and Records
Retention Appendix—Part 749 of the
NCUA Rules and Regulations.
b. Maintain bond/liability insurance
appropriate for activity.
c. Annually provide OCCU copy of
bond/liability insurance, vendor due
diligence reports, security program,
business contingency plans & test
results.
A corporate credit union may engage
in the following investment/ALM
services:
1. Asset Liability Management (ALM)
Consulting, Advisory, and Reporting
Services: Consulting, advisory, and
reporting services for balance sheet and
interest rate risk management. This
includes ALM interest rate risk
modeling, measurement, and reporting;
ALM model validation services;
consulting services for ALM policy
development, core deposit studies,
lending pool analysis and valuations,
and other similar services.
[FR Doc. 2020–03837 Filed 3–26–20; 8:45 am]
BILLING CODE 7535–01–P
PO 00000
Frm 00012
Fmt 4702
Sfmt 4702
17299
BUREAU OF CONSUMER FINANCIAL
PROTECTION
12 CFR Part 1006
[Docket No. CFPB–2020–0010]
RIN 3170–AA41
Debt Collection Practices (Regulation
F); Extension of Comment Period
Bureau of Consumer Financial
Protection.
ACTION: Supplemental notice of
proposed rulemaking; extension of
comment period.
AGENCY:
On March 3, 2020, the Bureau
of Consumer Financial Protection
(Bureau) published in the Federal
Register a Supplemental Notice of
Proposed Rulemaking (SNPRM)
requesting comment on the Bureau’s
proposal to amend Regulation F, which
implements the Fair Debt Collection
Practices Act (FDCPA), to require debt
collectors to make certain disclosures
when collecting time-barred debts. The
SNPRM provided a 60-day comment
period that was set to close on May 4,
2020. To allow interested persons more
time to consider and submit their
comments, the Bureau has determined
that an extension of the comment period
until June 5, 2020, is appropriate.
DATES: The comment period for the debt
collection SNPRM published March 3,
2020, at 85 FR 12672, is extended.
Responses to the SNPRM must now be
received on or before June 5, 2020.
ADDRESSES: You may submit comments,
identified by Docket No. CFPB–2020–
0010 or RIN 3170–AA41, by any of the
following methods:
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: 2020-NPRM-DebtCollection@
cfpb.gov. Include Docket No. CFPB–
2020–0010 or RIN 3170–AA41 in the
subject line of the email.
• Mail/Hand Delivery/Courier:
Comment Intake, Bureau of Consumer
Financial Protection, 1700 G Street NW,
Washington, DC 20552.
Instructions: The Bureau encourages
the early submission of comments. All
submissions should include the agency
name and docket number or Regulatory
Information Number (RIN) for this
rulemaking. Because paper mail in the
Washington, DC area and at the Bureau
is subject to delay, commenters are
encouraged to submit comments
electronically. In general, all comments
received will be posted without change
to https://www.regulations.gov. In
addition, comments will be available for
public inspection and copying at 1700
SUMMARY:
E:\FR\FM\27MRP1.SGM
27MRP1
17300
Federal Register / Vol. 85, No. 60 / Friday, March 27, 2020 / Proposed Rules
G Street NW, Washington, DC 20552, on
official business days between the hours
of 10:00 a.m. and 5:00 p.m. Eastern
Time. You can make an appointment to
inspect the documents by telephoning
202–435–9169.
All comments, including attachments
and other supporting materials, will
become part of the public record and
subject to public disclosure. Proprietary
or sensitive personal information, such
as account numbers, Social Security
numbers, or names of other individuals,
should not be included. Comments will
not be edited to remove any identifying
or contact information.
Seth
Caffrey or Kristin McPartland, Senior
Counsels, Office of Regulations, at 202–
435–7700. If you require this document
in an alternative electronic format,
please contact CFPB_accessibility@
cfpb.gov.
FOR FURTHER INFORMATION CONTACT:
On
February 21, 2020, the Bureau issued an
SNPRM proposing to amend Regulation
F, 12 CFR part 1006, to prescribe
Federal rules governing the activities of
debt collectors, as that term is defined
in the FDCPA. The SNPRM was
published in the Federal Register on
March 3, 2020.1 The SNPRM proposed
to require debt collectors to make
certain disclosures when collecting
time-barred debts.
The SNPRM provided a 60-day public
comment period that was set to close on
May 4, 2020. Given the challenges
posed by the COVID–19 (coronavirus
infection) pandemic, we have received
requests from stakeholders to give
interested parties more time to conduct
outreach to relevant constituencies and
to properly address the many questions
presented in the SNPRM. The Bureau
believes that an extension of the SNPRM
comment period to June 5, 2020, is
appropriate. This extension should
allow interested parties more time to
prepare responses to the SNPRM
without delaying the rulemaking. The
SNPRM comment period will now close
on June 5, 2020.
khammond on DSKJM1Z7X2PROD with PROPOSALS
SUPPLEMENTARY INFORMATION:
Kathleen L. Kraninger,
Director, Bureau of Consumer Financial
Protection.
[FR Doc. 2020–06237 Filed 3–26–20; 8:45 am]
BILLING CODE 4810–AM–P
1 85
FR 12672 (Mar. 3, 2020).
VerDate Sep<11>2014
15:54 Mar 26, 2020
Jkt 250001
DEPARTMENT OF COMMERCE
Bureau of Industry and Security
15 CFR Part 744
[Docket No. 200324–0087]
RIN 0694–ZA02
Request for Comments on Future
Extensions of Temporary General
License (TGL)
Bureau of Industry and
Security, Commerce.
ACTION: Notification of inquiry;
reopening comment period.
AGENCY:
The Bureau of Industry and
Security (BIS) issued a notification of
inquiry requesting comments on future
extensions of a temporary general
license under the Export Administration
Regulations (EAR), published in the
Federal Register on March 12, 2020
with the comment period starting on the
date of display on the public inspection
list on March 10, 2020 and closing on
March 25, 2020. This notification
reopens the comment period through
April 22, 2020. Comments submitted
anytime between March 10, 2020 and
April 22, 2020 will be accepted and
considered.
DATES: The comment period for the
document published on March 12, 2020
(85 FR 14428), is reopened. Submit
comments on or before April 22, 2020.
ADDRESSES: You may submit comments,
identified by docket number BIS 2020–
0001 or RIN 0694–ZA02, through the
Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
All filers using the portal should use
the name of the person or entity
submitting comments as the name of
their files, in accordance with the
instructions below. Anyone submitting
business confidential information
should clearly identify the business
confidential portion at the time of
submission, file a statement justifying
nondisclosure and referencing the
specific legal authority claimed, and
provide a non-confidential version of
the submission.
For comments submitted
electronically containing business
confidential information, the file name
of the business confidential version
should begin with the characters ‘‘BC.’’
Any page containing business
confidential information must be clearly
marked ‘‘BUSINESS CONFIDENTIAL’’
on the top of that page. The
corresponding non-confidential version
of those comments must be clearly
marked ‘‘PUBLIC.’’ The file name of the
SUMMARY:
PO 00000
Frm 00013
Fmt 4702
Sfmt 4702
non-confidential version should begin
with the character ‘‘P.’’ The ‘‘BC’’ and
‘‘P’’ should be followed by the name of
the person or entity submitting the
comments or rebuttal comments. All
filers should name their files using the
name of the person or entity submitting
the comments. Any submissions with
file names that do not begin with a ‘‘BC’’
or ‘‘P’’ will be assumed to be public and
will be made publicly available through
https://www.regulations.gov.
FOR FURTHER INFORMATION CONTACT:
Director, Regulatory Policy Division,
Bureau of Industry and Security,
Department of Commerce, by phone at
(202) 482–2440 or email at rpd2@
bis.doc.gov.
SUPPLEMENTARY INFORMATION:
Background
This notification reopens the public
comment period established in the
Federal Register issue of March 12,
2020 (FR 2020–05194 Filed 3–10–20;
4:15 p.m.) that closed on March 25,
2020. In that notification, BIS requested
comments from the public related to
future extensions of the temporary
general license (TGL) to Huawei
Technologies and 114 of its non-US
affiliates on the Entity List. BIS is
seeking public comments on the impact
on companies, organizations,
individuals, and other impacted entities
in five areas, each described in the
March 12 notification. As published on
May 22, 2019 (84 FR 23468), extended
and amended through a final rule
published on August 21, 2019 (84 FR
43487), and as currently extended
through a final rule published on March
12, 2020 (85 FR 14416), Commerce has
authorized the temporary general
license (TGL) to Huawei Technologies
and 114 of its non-US affiliates on the
Entity List through May 15, 2020.
As was stated in the notification, BIS
is requesting these comments to assist
the U.S. Government in evaluating
whether the temporary general license
should continue to be extended, to
evaluate whether any other changes may
be warranted to the temporary general
license, and to identify any alternative
authorization or other regulatory
provisions that may more effectively
address what is being authorized under
the temporary general license.
Instructions for the submission of
comments, including comments that
contain business confidential
information, are found in the ADDRESSES
section of this notification.
E:\FR\FM\27MRP1.SGM
27MRP1
]]>Agencies
[Federal Register Volume 85, Number 60 (Friday, March 27, 2020)]
[Proposed Rules]
[Pages 17299-17300]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06237]
-----------------------------------------------------------------------
BUREAU OF CONSUMER FINANCIAL PROTECTION
12 CFR Part 1006
[Docket No. CFPB-2020-0010]
RIN 3170-AA41
Debt Collection Practices (Regulation F); Extension of Comment
Period
AGENCY: Bureau of Consumer Financial Protection.
ACTION: Supplemental notice of proposed rulemaking; extension of
comment period.
-----------------------------------------------------------------------
SUMMARY: On March 3, 2020, the Bureau of Consumer Financial Protection
(Bureau) published in the Federal Register a Supplemental Notice of
Proposed Rulemaking (SNPRM) requesting comment on the Bureau's proposal
to amend Regulation F, which implements the Fair Debt Collection
Practices Act (FDCPA), to require debt collectors to make certain
disclosures when collecting time-barred debts. The SNPRM provided a 60-
day comment period that was set to close on May 4, 2020. To allow
interested persons more time to consider and submit their comments, the
Bureau has determined that an extension of the comment period until
June 5, 2020, is appropriate.
DATES: The comment period for the debt collection SNPRM published March
3, 2020, at 85 FR 12672, is extended. Responses to the SNPRM must now
be received on or before June 5, 2020.
ADDRESSES: You may submit comments, identified by Docket No. CFPB-2020-
0010 or RIN 3170-AA41, by any of the following methods:
Federal eRulemaking Portal: https://www.regulations.gov.
Follow the instructions for submitting comments.
Email: [email protected]. Include Docket
No. CFPB-2020-0010 or RIN 3170-AA41 in the subject line of the email.
Mail/Hand Delivery/Courier: Comment Intake, Bureau of
Consumer Financial Protection, 1700 G Street NW, Washington, DC 20552.
Instructions: The Bureau encourages the early submission of
comments. All submissions should include the agency name and docket
number or Regulatory Information Number (RIN) for this rulemaking.
Because paper mail in the Washington, DC area and at the Bureau is
subject to delay, commenters are encouraged to submit comments
electronically. In general, all comments received will be posted
without change to https://www.regulations.gov. In addition, comments
will be available for public inspection and copying at 1700
[[Page 17300]]
G Street NW, Washington, DC 20552, on official business days between
the hours of 10:00 a.m. and 5:00 p.m. Eastern Time. You can make an
appointment to inspect the documents by telephoning 202-435-9169.
All comments, including attachments and other supporting materials,
will become part of the public record and subject to public disclosure.
Proprietary or sensitive personal information, such as account numbers,
Social Security numbers, or names of other individuals, should not be
included. Comments will not be edited to remove any identifying or
contact information.
FOR FURTHER INFORMATION CONTACT: Seth Caffrey or Kristin McPartland,
Senior Counsels, Office of Regulations, at 202-435-7700. If you require
this document in an alternative electronic format, please contact
[email protected].
SUPPLEMENTARY INFORMATION: On February 21, 2020, the Bureau issued an
SNPRM proposing to amend Regulation F, 12 CFR part 1006, to prescribe
Federal rules governing the activities of debt collectors, as that term
is defined in the FDCPA. The SNPRM was published in the Federal
Register on March 3, 2020.\1\ The SNPRM proposed to require debt
collectors to make certain disclosures when collecting time-barred
debts.
---------------------------------------------------------------------------
\1\ 85 FR 12672 (Mar. 3, 2020).
---------------------------------------------------------------------------
The SNPRM provided a 60-day public comment period that was set to
close on May 4, 2020. Given the challenges posed by the COVID-19
(coronavirus infection) pandemic, we have received requests from
stakeholders to give interested parties more time to conduct outreach
to relevant constituencies and to properly address the many questions
presented in the SNPRM. The Bureau believes that an extension of the
SNPRM comment period to June 5, 2020, is appropriate. This extension
should allow interested parties more time to prepare responses to the
SNPRM without delaying the rulemaking. The SNPRM comment period will
now close on June 5, 2020.
Kathleen L. Kraninger,
Director, Bureau of Consumer Financial Protection.
[FR Doc. 2020-06237 Filed 3-26-20; 8:45 am]
BILLING CODE 4810-AM-P
