Privacy Act of 1974; System of Records, 18240-18242 [2020-06507]

Download as PDF jbell on DSKJLSW7X2PROD with NOTICES 18240 Federal Register / Vol. 85, No. 63 / Wednesday, April 1, 2020 / Notices changes in past due and nonaccrual home equity credits and charge-offs and recoveries of such credits warrant supervisory follow-up. To provide time needed for any systems changes, the Board will implement this new memorandum item as of the March 31, 2021. Board of Governors of the Federal Reserve System, March 27, 2020. Ann Misback, Secretary of the Board. FEDERAL RESERVE SYSTEM [FR Doc. 2020–06753 Filed 3–31–20; 8:45 am] AGENCY: Timing As stated in the December 2019 notice, the Board planned to make the capital-related reporting changes described above to be effective the same quarters as the effective dates of the various final capital rules discussed in this notice. Thus, the reporting revisions to the FR Y–9C, as applicable, will take effect March 31, 2020, for the capital simplifications rule and the community bank leverage ratio rule. Non-advanced approaches institutions may elect to wait to adopt the capital simplifications rule for reporting purposes until the June 30, 2020, report date. The reporting revisions to the FR Y–9C, as applicable, will take effect June 30, 2020, for the standardized approach for counterparty credit risk on derivative contracts final rule and the high volatility commercial real estate exposures final rule. However, the mandatory compliance date for reporting in accordance with the standardized approach for counterparty credit risk final rule is the March 31, 2022, report date. In addition, the reporting of operating lease liabilities as ‘‘All other liabilities’’ in FR Y–9C will take effect March 31, 2020, and the change in the reporting of construction, land development, and other land loans with interest reserves in FR Y–9 Schedule HC–C, Part I, will take effect March 31, 2021. The requirement to continue reporting HELOCs that convert to closed-end status as open-end loans in Schedule HC–C, Part I, will apply to those HELOCs that convert on or after January 1, 2021, with pre-2021 conversions subject to the transition guidance described in Section II.I. above; new Memorandum item 15 in Schedule HC– C, for HELOCs in non-revolving closedend status that are reported as open-end loans will take effect March 31, 2021. The specific wording of the captions for the new or revised FR Y–9C data items discussed in this notice and the numbering of these data items should be regarded as preliminary, and may be changed prior to the effective date of these items. FEDERAL RESERVE SYSTEM Proposed Revisions to the FR Y–9CS The Board proposed to revise the FR Y–9CS to clarify that response to the report is voluntary. No comments were received during the comment period. VerDate Sep<11>2014 18:31 Mar 31, 2020 Jkt 250001 BILLING CODE 6210–01–P Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each application is available for inspection at the Federal Reserve Bank indicated. The application also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue, NW, Washington, DC 20551–0001, not later than May 1, 2020. A. Federal Reserve Bank of New York (Ivan Hurwitz, Senior Vice President) 33 Liberty Street, New York, New York 10045–0001. Comments can also be sent electronically to Comments.applications@ny.frb.org: 1. Morgan Stanley, New York, New York; to acquire E*TRADE Financial Corporation, and thereby indirectly acquire E*TRADE Bank and E*TRADE Savings Bank, all of Arlington, Virginia, and thereby operate savings associations, pursuant to Section 4(c)(8) of the BHC Act. Board of Governors of the Federal Reserve System, March 27, 2020. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2020–06814 Filed 3–31–20; 8:45 am] BILLING CODE P PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 Privacy Act of 1974; System of Records Board of Governors of the Federal Reserve System. ACTION: Notice of a New System of Records. Pursuant to the provisions of the Privacy Act of 1974, notice is given that the Board of Governors of the Federal Reserve System (Board) proposes to establish a new system of records, BGFRS–43, ‘‘FRB—Security Sharing Platform.’’ DATES: Comments must be received on or before May 1, 2020. This new system of records will become effective May 1, 2020, without further notice, unless comments dictate otherwise. The Office of Management and Budget (OMB), which has oversight responsibility under the Privacy Act, requires a 30-day period prior to publication in the Federal Register in which to review the system and to provide any comments to the agency. The public is then given a 30-day period in which to comment, in accordance with 5 U.S.C. 552a(e)(4) and (11). ADDRESSES: You may submit comments, identified by BGFRS–43 ‘‘FRB—Security Sharing Platform,’’ 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 SORN name and 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 will be made available on the Board’s website at https://www.federalreserve.gov/apps/ foia/proposedregs.aspx as submitted, unless modified for technical reasons or to remove sensitive personally identifiable 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 FURTHER INFORMATION CONTACT: David B. Husband, Counsel, (202) 530– 6270, or david.b.husband@frb.gov; Legal Division, Board of Governors of the Federal Reserve System, 20th Street and SUMMARY: E:\FR\FM\01APN1.SGM 01APN1 Federal Register / Vol. 85, No. 63 / Wednesday, April 1, 2020 / Notices Constitution Avenue NW, Washington, DC 20551. SUPPLEMENTARY INFORMATION: The new system of records, BGFRS–43, maintains records relating to the Security Sharing Platform that will allow the Board and the twelve Federal Reserve Banks (collectively, ‘‘the Federal Reserve System’’) to share information regarding individuals who are involved in incidents or events that may affect the safety and security of the premises, grounds, property, personnel, and operations of the Federal Reserve System. SYSTEM NAME AND NUMBER: BGFRS–43, ‘‘FRB—Security Sharing Platform’’ SECURITY CLASSIFICATION: Unclassified. SYSTEM LOCATION: Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. Some information is collected and maintained on behalf of the Board by one or more of the Federal Reserve Banks. SYSTEM MANAGER(S): Curtis Eldridge, Associate Director and Chief, Law Enforcement Unit, Management Division, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551, 202–912–7835, or Curtis.b.eldridge@ frb.gov. AUTHORITY FOR MAINTENANCE OF THE SYSTEM: Section 11 of the Federal Reserve Act (12 U.S.C. 248(q)). PURPOSE(S) OF THE SYSTEM: These records are collected and maintained to aid in efforts to protect and safeguard the premises, grounds, property, personnel, and operations of the Federal Reserve System. CATEGORIES OF INDIVIDUALS COVERED BY THE SYSTEM: jbell on DSKJLSW7X2PROD with NOTICES Individuals who exhibit suspicious behavior, which Federal Reserve System law enforcement personnel have reasonable suspicion to believe may affect the safety and security of the premises, grounds, property, personnel, and operations of the Board or one or more of the Federal Reserve Banks. CATEGORIES OF RECORDS IN THE SYSTEM: Records in the system include identifying information relating to incidents or events that may affect the safety and security of the premises, grounds, property, personnel, or VerDate Sep<11>2014 18:31 Mar 31, 2020 Jkt 250001 18241 operations of the Board or the Federal Reserve Banks, which may include individuals who are the subject of such incidents or events. Information about individuals in the system may include, but is not limited to, name, address, organization, title, telephone number, identification number(s), date of birth, occupation, photographs or videos, physical characteristics, and other information that may be provided by the individual or collected by Board or Federal Reserve Bank personnel. POLICIES AND PRACTICES FOR RETRIEVAL OF RECORDS: RECORD SOURCE CATEGORIES: Electronic files are stored on secure servers. The system has the ability to track individual user actions within the system. The audit and accountability controls are based on NIST and Board standards which, in turn, are based on applicable laws and regulations. The controls assist in detecting security violations and performance or other issues in the system. Access to the system is restricted to authorized users within the Federal Reserve System who require access for official business purposes. Users are classified into different roles and common access and usage rights are established for each role. User roles are used to delineate between the different types of access requirements such that users are restricted to data that is required in the performance of their duties. Periodic assessments and reviews are conducted to determine whether users still require access, have the appropriate role, and whether there have been any unauthorized changes. Information is provided by various sources, including the individual to whom the record pertains; personal identification documents; notes from interviews with the individual and supporting documentation; reports created by the Board or the respective Federal Reserve Bank; law enforcement and other federal, state, local, or foreign government agency records and personnel; social media; or other documents received by the Board or a Federal Reserve Bank. ROUTINE USES OF RECORDS MAINTAINED IN THE SYSTEM, INCLUDING CATEGORIES OF USERS AND PURPOSES OF SUCH USES: General routine uses C, D, G, I, and J apply to this system. These general routine uses are located at https:// www.federalreserve.gov/files/SORNpage-general-routine-uses-of-boardsystems-of-records.pdf and are published in the Federal Register at 83 FR 43872 at 43873–74 (August 28, 2018). The system also has a specific routine use, developed in order to permit necessary sharing that is essential to the purpose of the system. Under this use, records may also be disclosed to personnel of federal, state, local, or foreign law enforcement agencies in the following circumstances: a. For the purpose of developing information regarding individuals, incidents, or events that may affect the safety and security of the premises, grounds, property, personnel, or operations of the Board or one or more of the Federal Reserve Banks; b. For the purpose of intelligence briefings; c. If the information may be relevant to a potential violation of a civil or criminal law, rule, regulation, order, policy, or license; or d. Where there is a reasonable need to accomplish a valid law enforcement purpose. POLICIES AND PRACTICES FOR STORAGE OF RECORDS: Records in this system are stored on a secure server as electronic records. PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 Records may be retrieved by name or other identifying aspects. POLICIES AND PRACTICES FOR RETENTION AND DISPOSAL OF RECORDS: The retention for these records is currently under review. Until review is completed, the records in the system will not be destroyed. ADMINISTRATIVE, TECHNICAL, AND PHYSICAL SAFEGUARDS: RECORD ACCESS PROCEDURES: The Privacy Act allows individuals the right to access records maintained about them in a Board system of records. Your request for access must: (1) Contain a statement that the request is made pursuant to the Privacy Act of 1974; (2) provide either the name of the Board system of records expected to contain the record requested or a concise description of the system of records; (3) provide the information necessary to verify your identity; and (4) provide any other information that may assist in the rapid identification of the record you seek. Current or former Board employees may make a request for access by contacting the Board office that maintains the record. The Board handles all Privacy Act requests as both a Privacy Act request and as a Freedom of Information Act request. The Board does not charge fees to a requestor seeking to access or amend his/her Privacy Act records. You may submit your Privacy Act request to the— E:\FR\FM\01APN1.SGM 01APN1 18242 Federal Register / Vol. 85, No. 63 / Wednesday, April 1, 2020 / Notices Secretary of the Board, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. You may also submit your Privacy Act request electronically through the Board’s FOIA ‘‘Electronic Request Form’’ located here: https:// www.federalreserve.gov/secure/forms/ efoiaform.aspx. CONTESTING RECORD PROCEDURES: The Privacy Act allows individuals to seek amendment of information that is erroneous, irrelevant, untimely, or incomplete and is maintained in a system of records that pertains to them. To request an amendment to your record, you should clearly mark the request as a ‘‘Privacy Act Amendment Request.’’ You have the burden of proof for demonstrating the appropriateness of the requested amendment and you must provide relevant and convincing evidence in support of your request. Your request for amendment must: (1) Provide the name of the specific Board system of records containing the record you seek to amend; (2) identify the specific portion of the record you seek to amend; (3) describe the nature of and reasons for each requested amendment; (4) explain why you believe the record is not accurate, relevant, timely, or complete; and (5) unless you have already done so in a related Privacy Act request for access or amendment, provide the necessary information to verify your identity. NOTIFICATION PROCEDURES: Same as ‘‘Access procedures’’ above. You may also follow this procedure in order to request an accounting of previous disclosures of records pertaining to you as provided for by 5 U.S.C. 552a(c). EXEMPTIONS PROMULGATED FOR THE SYSTEM: Certain portions of this system of records may be exempt from 5 U.S.C. 552(a)(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the Privacy Act pursuant to 5 U.S.C. 552a(k)(2). HISTORY: jbell on DSKJLSW7X2PROD with NOTICES None. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2020–06507 Filed 3–31–20; 8:45 am] BILLING CODE P VerDate Sep<11>2014 18:31 Mar 31, 2020 Jkt 250001 GENERAL SERVICES ADMINISTRATION [Notice–MV–2020–01; Docket No. 2020– 0002; Sequence No. 14] Office of Acquisition Policy; Establishment of Online Portal for GSA Guidance Documents Office of Government-wide Policy; General Services Administration (GSA). ACTION: Notice of online portal for agency guidance documents. AGENCY: In accordance with Executive Order (E.O.) 13891, ‘‘Promoting the Rule of Law Through Improved Agency Guidance Documents,’’ dated October 9, 2019, and Office of Management and Budget (OMB) Memorandum M–20–02, dated October 31, 2019, GSA established an online portal for the public to access GSA guidance documents. Although GSA did not identify agency guidance that falls under the auspices of E.O. 13891 in terms of effecting the behavior of regulated parties, the portal provides links to GSA program web pages, which contain internal GSA guidance documents, in support of the intent of E.O. 13891. DATES: The portal and associated link will be active as of March 28, 2020. ADDRESSES: The portal may be found at gsa.gov/guidance. FOR FURTHER INFORMATION CONTACT: Mathias Bustamante, Office of Acquisition Policy, Office of Government-wide Policy, General Services Administration, 1800 F Street NW, Washington, DC 20405, 202–501– 2735. SUPPLEMENTARY INFORMATION: This Federal Register Notice announces that: (a) GSA launched a website at gsa.gov/guidance, which includes internal GSA guidance documents, in accordance with E.O. 13891 (84 FR 55235, Oct. 9, 2019); (b) GSA has updated its internal directive for writing external directives (1812.1A CHGE1 OGP) to provide instructions to GSA program components on how to comply with E.O. 13891, which will be available via gsa.gov/guidance; and (c) GSA will include additional internal guidance documents to the gsa.gov/ guidance website when identified. Although GSA has not identified any guidance that falls within the auspices of E.O. 13891, the above actions are in compliance with the intent of E.O. 13891. While GSA does issue guidance documents such as Federal Travel Regulation bulletins, these are internal SUMMARY: PO 00000 Frm 00058 Fmt 4703 Sfmt 4703 guidance issued to Federal agencies, which are specifically excluded from the E.O. GSA has not identified any areas where GSA issues guidance intended to have future effects on the behavior of regulated parties, as defined by E.O. 13891. However, as GSA acknowledges that there is a possibility that it may issue such guidance in the future, it is proactively taking steps to ensure it remains compliant with all requirements of E.O. 13891. GSA’s online guidance portal contains links to GSA program websites containing internal guidance, as that term is defined in E.O. 13891. The portal also reiterates that: (1) The contents of the guidance documents found through the portal do not have the force and effect of law and are not legally binding, except as authorized by law or as incorporated into a contract, and (2) these documents are intended only to provide clarity to the public regarding existing requirements under statutes and regulations administered by GSA. Jessica Salmoiraghi, Office of Government-wide Policy, General Services Administration. [FR Doc. 2020–06700 Filed 3–31–20; 8:45 am] BILLING CODE 6820–MV–P GOVERNMENT ACCOUNTABILITY OFFICE Request for Nominations for the Board of Governors of the Patient-Centered Outcomes Research Institute Government Accountability Office (GAO). ACTION: Request for letters of nomination and resumes. AGENCY: The Patient Protection and Affordable Care Act gave the Comptroller General of the United States responsibility for appointing up to 21 members to the Board of Governors of the Patient-Centered Outcomes Research Institute (PCORI). In addition, the Directors of the Agency for Healthcare Research and Quality and the National Institutes of Health, or their designees, are members of the Board. As the result of terms ending in September 2020, GAO is accepting nominations in the following categories: A physician, a representative of patients and health care consumers, a representative of pharmaceutical manufacturers or developers, a representative of private payers who represents employers who self-insure employee benefits, and between one and three representatives of private payers who represent health SUMMARY: E:\FR\FM\01APN1.SGM 01APN1

Agencies

[Federal Register Volume 85, Number 63 (Wednesday, April 1, 2020)]
[Notices]
[Pages 18240-18242]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06507]


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FEDERAL RESERVE SYSTEM


Privacy Act of 1974; System of Records

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice of a New System of Records.

-----------------------------------------------------------------------

SUMMARY: Pursuant to the provisions of the Privacy Act of 1974, notice 
is given that the Board of Governors of the Federal Reserve System 
(Board) proposes to establish a new system of records, BGFRS-43, 
``FRB--Security Sharing Platform.''

DATES: Comments must be received on or before May 1, 2020. This new 
system of records will become effective May 1, 2020, without further 
notice, unless comments dictate otherwise.
    The Office of Management and Budget (OMB), which has oversight 
responsibility under the Privacy Act, requires a 30-day period prior to 
publication in the Federal Register in which to review the system and 
to provide any comments to the agency. The public is then given a 30-
day period in which to comment, in accordance with 5 U.S.C. 552a(e)(4) 
and (11).

ADDRESSES: You may submit comments, identified by BGFRS-43 ``FRB--
Security Sharing Platform,'' 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 SORN name 
and 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 will be made available on the Board's website 
at https://www.federalreserve.gov/apps/foia/proposedregs.aspx as 
submitted, unless modified for technical reasons or to remove sensitive 
personally identifiable 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 FURTHER INFORMATION CONTACT: David B. Husband, Counsel, (202) 530-
6270, or [email protected]; Legal Division, Board of Governors of 
the Federal Reserve System, 20th Street and

[[Page 18241]]

Constitution Avenue NW, Washington, DC 20551.

SUPPLEMENTARY INFORMATION: The new system of records, BGFRS-43, 
maintains records relating to the Security Sharing Platform that will 
allow the Board and the twelve Federal Reserve Banks (collectively, 
``the Federal Reserve System'') to share information regarding 
individuals who are involved in incidents or events that may affect the 
safety and security of the premises, grounds, property, personnel, and 
operations of the Federal Reserve System.

SYSTEM NAME AND NUMBER:
    BGFRS-43, ``FRB--Security Sharing Platform''

SECURITY CLASSIFICATION:
    Unclassified.

SYSTEM LOCATION:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue NW, Washington, DC 20551. Some information is 
collected and maintained on behalf of the Board by one or more of the 
Federal Reserve Banks.

SYSTEM MANAGER(S):
    Curtis Eldridge, Associate Director and Chief, Law Enforcement 
Unit, Management Division, Board of Governors of the Federal Reserve 
System, 20th Street and Constitution Avenue NW, Washington, DC 20551, 
202-912-7835, or [email protected].

AUTHORITY FOR MAINTENANCE OF THE SYSTEM:
    Section 11 of the Federal Reserve Act (12 U.S.C. 248(q)).

PURPOSE(S) OF THE SYSTEM:
    These records are collected and maintained to aid in efforts to 
protect and safeguard the premises, grounds, property, personnel, and 
operations of the Federal Reserve System.

CATEGORIES OF INDIVIDUALS COVERED BY THE SYSTEM:
    Individuals who exhibit suspicious behavior, which Federal Reserve 
System law enforcement personnel have reasonable suspicion to believe 
may affect the safety and security of the premises, grounds, property, 
personnel, and operations of the Board or one or more of the Federal 
Reserve Banks.

CATEGORIES OF RECORDS IN THE SYSTEM:
    Records in the system include identifying information relating to 
incidents or events that may affect the safety and security of the 
premises, grounds, property, personnel, or operations of the Board or 
the Federal Reserve Banks, which may include individuals who are the 
subject of such incidents or events. Information about individuals in 
the system may include, but is not limited to, name, address, 
organization, title, telephone number, identification number(s), date 
of birth, occupation, photographs or videos, physical characteristics, 
and other information that may be provided by the individual or 
collected by Board or Federal Reserve Bank personnel.

RECORD SOURCE CATEGORIES:
    Information is provided by various sources, including the 
individual to whom the record pertains; personal identification 
documents; notes from interviews with the individual and supporting 
documentation; reports created by the Board or the respective Federal 
Reserve Bank; law enforcement and other federal, state, local, or 
foreign government agency records and personnel; social media; or other 
documents received by the Board or a Federal Reserve Bank.

ROUTINE USES OF RECORDS MAINTAINED IN THE SYSTEM, INCLUDING CATEGORIES 
OF USERS AND PURPOSES OF SUCH USES:
    General routine uses C, D, G, I, and J apply to this system. These 
general routine uses are located at https://www.federalreserve.gov/files/SORN-page-general-routine-uses-of-board-systems-of-records.pdf 
and are published in the Federal Register at 83 FR 43872 at 43873-74 
(August 28, 2018). The system also has a specific routine use, 
developed in order to permit necessary sharing that is essential to the 
purpose of the system. Under this use, records may also be disclosed to 
personnel of federal, state, local, or foreign law enforcement agencies 
in the following circumstances:
    a. For the purpose of developing information regarding individuals, 
incidents, or events that may affect the safety and security of the 
premises, grounds, property, personnel, or operations of the Board or 
one or more of the Federal Reserve Banks;
    b. For the purpose of intelligence briefings;
    c. If the information may be relevant to a potential violation of a 
civil or criminal law, rule, regulation, order, policy, or license; or
    d. Where there is a reasonable need to accomplish a valid law 
enforcement purpose.

POLICIES AND PRACTICES FOR STORAGE OF RECORDS:
    Records in this system are stored on a secure server as electronic 
records.

POLICIES AND PRACTICES FOR RETRIEVAL OF RECORDS:
    Records may be retrieved by name or other identifying aspects.

POLICIES AND PRACTICES FOR RETENTION AND DISPOSAL OF RECORDS:
    The retention for these records is currently under review. Until 
review is completed, the records in the system will not be destroyed.

ADMINISTRATIVE, TECHNICAL, AND PHYSICAL SAFEGUARDS:
    Electronic files are stored on secure servers. The system has the 
ability to track individual user actions within the system. The audit 
and accountability controls are based on NIST and Board standards 
which, in turn, are based on applicable laws and regulations. The 
controls assist in detecting security violations and performance or 
other issues in the system. Access to the system is restricted to 
authorized users within the Federal Reserve System who require access 
for official business purposes. Users are classified into different 
roles and common access and usage rights are established for each role. 
User roles are used to delineate between the different types of access 
requirements such that users are restricted to data that is required in 
the performance of their duties. Periodic assessments and reviews are 
conducted to determine whether users still require access, have the 
appropriate role, and whether there have been any unauthorized changes.

RECORD ACCESS PROCEDURES:
    The Privacy Act allows individuals the right to access records 
maintained about them in a Board system of records. Your request for 
access must: (1) Contain a statement that the request is made pursuant 
to the Privacy Act of 1974; (2) provide either the name of the Board 
system of records expected to contain the record requested or a concise 
description of the system of records; (3) provide the information 
necessary to verify your identity; and (4) provide any other 
information that may assist in the rapid identification of the record 
you seek.
    Current or former Board employees may make a request for access by 
contacting the Board office that maintains the record. The Board 
handles all Privacy Act requests as both a Privacy Act request and as a 
Freedom of Information Act request. The Board does not charge fees to a 
requestor seeking to access or amend his/her Privacy Act records.
    You may submit your Privacy Act request to the--

[[Page 18242]]

    Secretary of the Board, Board of Governors of the Federal Reserve 
System, 20th Street and Constitution Avenue NW, Washington, DC 20551.
    You may also submit your Privacy Act request electronically through 
the Board's FOIA ``Electronic Request Form'' located here: https://www.federalreserve.gov/secure/forms/efoiaform.aspx.

CONTESTING RECORD PROCEDURES:
    The Privacy Act allows individuals to seek amendment of information 
that is erroneous, irrelevant, untimely, or incomplete and is 
maintained in a system of records that pertains to them. To request an 
amendment to your record, you should clearly mark the request as a 
``Privacy Act Amendment Request.'' You have the burden of proof for 
demonstrating the appropriateness of the requested amendment and you 
must provide relevant and convincing evidence in support of your 
request.
    Your request for amendment must: (1) Provide the name of the 
specific Board system of records containing the record you seek to 
amend; (2) identify the specific portion of the record you seek to 
amend; (3) describe the nature of and reasons for each requested 
amendment; (4) explain why you believe the record is not accurate, 
relevant, timely, or complete; and (5) unless you have already done so 
in a related Privacy Act request for access or amendment, provide the 
necessary information to verify your identity.

NOTIFICATION PROCEDURES:
    Same as ``Access procedures'' above. You may also follow this 
procedure in order to request an accounting of previous disclosures of 
records pertaining to you as provided for by 5 U.S.C. 552a(c).

EXEMPTIONS PROMULGATED FOR THE SYSTEM:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552(a)(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of 
the Privacy Act pursuant to 5 U.S.C. 552a(k)(2).

HISTORY:
    None.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020-06507 Filed 3-31-20; 8:45 am]
 BILLING CODE P