Proposed Agency Information Collection Activities; Comment Request, 38896-38897 [2020-13855]

Download as PDF 38896 Federal Register / Vol. 85, No. 125 / Monday, June 29, 2020 / Notices under exemption 4 of the Freedom of Information Act (‘‘FOIA’’), which protects privileged or confidential commercial or financial information,3 exemption 6, which protects information ‘‘the disclosure of which would constitute a clearly unwarranted invasion of personal privacy,’’ 4 or any other applicable FOIA exemption. Current actions: On March 13, 2020, the Board published a notice in the Federal Register (85 FR 14679) requesting public comment for 60 days on the extension, without revision, of the Compensation and Salary Surveys. The comment period for this notice expired on May 12, 2020. The Board did not receive any comments. Board of Governors of the Federal Reserve System, June 23, 2020. Michele Taylor Fennell, Assistant Secretary of the Board [FR Doc. 2020–13857 Filed 6–26–20; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, with revision the Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks (FR 2225; OMB No. 7100–0216). DATES: Comments must be submitted on or before August 28, 2020. ADDRESSES: You may submit comments, identified by FR 2225, 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 the 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:// jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: 35 U.S.C. 552(b)(4). 4 5 U.S.C. 552(b)(6). VerDate Sep<11>2014 20:25 Jun 26, 2020 Jkt 250001 www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons or to remove personally identifiable information at the commenter’s request. Accordingly, 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 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. FOR FURTHER INFORMATION CONTACT: 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, 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, OMB delegated to the Board authority under the PRA to approve and assign OMB control numbers to collections of information 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 PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 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, With Revision, the Following Information Collection: Report title: Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks. Agency form number: FR 2225. OMB control number: 7100–0216. Frequency: Annually. Respondents: Foreign banking organizations (FBOs). Estimated number of respondents: 51. Estimated average hours per response: 1. Estimated annual burden hours: 51. General description of report: The FR 2225 is required for FBOs that wish to and are eligible to establish a non-zero net debit cap for their U.S. branches and agencies under the Federal Reserve Policy on Payment System Risk (PSR policy). The FR 2225 reporting form collects information needed to identify the respondent and its fiscal year-end, and collects four items to determine its year-end capital and assets for purposes of daylight overdraft monitoring. The four items, converted into U.S. dollars collected for the capital and assets determination are: Worldwide capital for the reporting FBO (item 1); an adjustment to avoid double counting of capital used by any direct or indirect subsidiary of the FBO that also has access to Fedwire and has its own net debit cap (item 2); the FBO’s total E:\FR\FM\29JNN1.SGM 29JNN1 38897 Federal Register / Vol. 85, No. 125 / Monday, June 29, 2020 / Notices daylight overdraft capital base for the U.S. branch and agency family (item 3), which is used to calculate the net debit cap; and the reporting FBO’s total worldwide assets (item 4). The Reserve Banks use items 1 and 2 as supplemental information to clarify the data reported in item 3. Federal Reserve staff use the assets data reported in item 4 for analytical purposes. Proposed revisions: The Board proposes to revise the instructions to remove references to an FBO’s strength of support assessment (SOSA) ranking and its status as a financial holding company (FHC). These changes are related to the revisions to the PSR policy, which the Board implemented on April 1, 2019, and which will take effect on October 1, 2020. The SOSA ranking and FHC status are no longer used for determining an FBO’s eligibility for a positive net debit cap, the size of its net debit cap, and its eligibility to request a streamlined procedure to obtain maximum daylight overdraft capacity. In addition, the Board proposes to revise the confidentiality section of the instructions to clarify how an FBO may request its information be treated as confidential, if the FBO believes the information submitted on its FR 2225 report is exempt from disclosure under the Freedom of Information Act, 5 U.S.C. 552(b). The Board also is changing language in the FR 2225 to clarify where the confidentiality instructions can be found, and updating the legal statutes listed on the face of the FR 2225. Legal authorization and confidentiality: This information collection is authorized pursuant to section 7(a) of the International Banking Act, 12 U.S.C. 3105(a), which establishes reserve requirements for U.S. branches and agencies of foreign banks, and pursuant to section 13(14) of the Federal Reserve Act (FRA), 12 U.S.C. 347d, which provides that ‘‘each Federal Reserve bank may receive deposits from, discount paper endorsed by, and make advances to any branch or agency of a foreign bank in the same manner and to the same extent that it may exercise such powers with respect to a member bank if such branch or agency is maintaining reserves with such Reserve bank pursuant to section 7 of the International Banking Act of 1978.’’ In addition, sections 11(i), 16, and 19(f) of the FRA, 12 U.S.C. 248(i), 248–1, and 464, continue to provide authority for the collection of the FR 2225. The obligation to respond is required to obtain a benefit (i.e., this information is required in order for an FBO to establish a non-zero net debit cap so that its U.S. branches or agencies may be eligible for intraday credit). Consultation outside the agency: There has been no consultation outside the Federal Reserve System. Board of Governors of the Federal Reserve System, June 23, 2020. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2020–13855 Filed 6–26–20; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Administration for Children and Families Submission for OMB Review; Office of Refugee Resettlement Annual Survey of Refugees (OMB #0907–0033) Office of Refugee Resettlement, Administration for Children and Families, HHS. ACTION: Request for public comment. AGENCY: The Administration for Children and Families (ACF) within the U.S. Department of Health and Human Services (HHS) seeks an update to the existing data collection for the Annual Survey of Refugees. The Annual Survey of Refugees is a yearly sample survey of SUMMARY: refugee households entering the U.S. in the previous five fiscal years. The requested update is based upon results of a multi-year effort in instrument redesign and field testing. ACF estimates the proposed changes will increase response burden from 30 to 48 minutes per respondent. Comments due within 30 days of publication. OMB is required to make a decision concerning the collection of information between 30 and 60 days after publication of this document in the Federal Register. Therefore, a comment is best assured of having its full effect if OMB receives it within 30 days of publication. DATES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. ADDRESSES: SUPPLEMENTARY INFORMATION: Description: Data from the Annual Survey of Refugees are used to meet the Office of Refugee Resettlement’s (ORR’s) Congressional reporting requirements, as set forth in the Refugee Act of 1980 (Section 413(a) of the Immigration and Nationality Act). ORR makes survey findings available to the general public and uses findings for the purposes of program planning, policy-making, and budgeting. The requested update reflects changes to the survey instrument to: enhance ORR’s understanding of refugees’ resettlement experiences; streamline the collection of householdlevel information; and improve data reliability and validity. Respondents: The Annual Survey of Refugees secures a nationally representative sample of refugee households arriving in the United States in the previous five fiscal years. ANNUAL BURDEN ESTIMATES Total number of respondents Instrument jbell on DSKJLSW7X2PROD with NOTICES Introduction Letter and Postcard ......................................... ORR–9 Annual Survey of Refugees .................................... VerDate Sep<11>2014 20:25 Jun 26, 2020 Jkt 250001 PO 00000 Frm 00058 Annual number of respondents 4,500 4,500 Fmt 4703 Sfmt 9990 Number of responses per respondent 1,500 1,500 E:\FR\FM\29JNN1.SGM 1 1 29JNN1 Average burden hours per response .05 .80 Annual burden hours 75 1,200

Agencies

[Federal Register Volume 85, Number 125 (Monday, June 29, 2020)]
[Notices]
[Pages 38896-38897]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-13855]


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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, with revision 
the Annual Daylight Overdraft Capital Report for U.S. Branches and 
Agencies of Foreign Banks (FR 2225; OMB No. 7100-0216).

DATES: Comments must be submitted on or before August 28, 2020.

ADDRESSES: You may submit comments, identified by FR 2225, 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 the 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 or to remove 
personally identifiable information at the commenter's request. 
Accordingly, 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 
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.

FOR FURTHER INFORMATION CONTACT: 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, 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, OMB delegated to the Board 
authority under the PRA to approve and assign OMB control numbers to 
collections of information 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, With 
Revision, the Following Information Collection:

    Report title: Annual Daylight Overdraft Capital Report for U.S. 
Branches and Agencies of Foreign Banks.
    Agency form number: FR 2225.
    OMB control number: 7100-0216.
    Frequency: Annually.
    Respondents: Foreign banking organizations (FBOs).
    Estimated number of respondents: 51.
    Estimated average hours per response: 1.
    Estimated annual burden hours: 51.
    General description of report: The FR 2225 is required for FBOs 
that wish to and are eligible to establish a non-zero net debit cap for 
their U.S. branches and agencies under the Federal Reserve Policy on 
Payment System Risk (PSR policy). The FR 2225 reporting form collects 
information needed to identify the respondent and its fiscal year-end, 
and collects four items to determine its year-end capital and assets 
for purposes of daylight overdraft monitoring. The four items, 
converted into U.S. dollars collected for the capital and assets 
determination are: Worldwide capital for the reporting FBO (item 1); an 
adjustment to avoid double counting of capital used by any direct or 
indirect subsidiary of the FBO that also has access to Fedwire and has 
its own net debit cap (item 2); the FBO's total

[[Page 38897]]

daylight overdraft capital base for the U.S. branch and agency family 
(item 3), which is used to calculate the net debit cap; and the 
reporting FBO's total worldwide assets (item 4). The Reserve Banks use 
items 1 and 2 as supplemental information to clarify the data reported 
in item 3. Federal Reserve staff use the assets data reported in item 4 
for analytical purposes.
    Proposed revisions: The Board proposes to revise the instructions 
to remove references to an FBO's strength of support assessment (SOSA) 
ranking and its status as a financial holding company (FHC). These 
changes are related to the revisions to the PSR policy, which the Board 
implemented on April 1, 2019, and which will take effect on October 1, 
2020. The SOSA ranking and FHC status are no longer used for 
determining an FBO's eligibility for a positive net debit cap, the size 
of its net debit cap, and its eligibility to request a streamlined 
procedure to obtain maximum daylight overdraft capacity. In addition, 
the Board proposes to revise the confidentiality section of the 
instructions to clarify how an FBO may request its information be 
treated as confidential, if the FBO believes the information submitted 
on its FR 2225 report is exempt from disclosure under the Freedom of 
Information Act, 5 U.S.C. 552(b). The Board also is changing language 
in the FR 2225 to clarify where the confidentiality instructions can be 
found, and updating the legal statutes listed on the face of the FR 
2225.
    Legal authorization and confidentiality: This information 
collection is authorized pursuant to section 7(a) of the International 
Banking Act, 12 U.S.C. 3105(a), which establishes reserve requirements 
for U.S. branches and agencies of foreign banks, and pursuant to 
section 13(14) of the Federal Reserve Act (FRA), 12 U.S.C. 347d, which 
provides that ``each Federal Reserve bank may receive deposits from, 
discount paper endorsed by, and make advances to any branch or agency 
of a foreign bank in the same manner and to the same extent that it may 
exercise such powers with respect to a member bank if such branch or 
agency is maintaining reserves with such Reserve bank pursuant to 
section 7 of the International Banking Act of 1978.'' In addition, 
sections 11(i), 16, and 19(f) of the FRA, 12 U.S.C. 248(i), 248-1, and 
464, continue to provide authority for the collection of the FR 2225. 
The obligation to respond is required to obtain a benefit (i.e., this 
information is required in order for an FBO to establish a non-zero net 
debit cap so that its U.S. branches or agencies may be eligible for 
intraday credit).
    Consultation outside the agency: There has been no consultation 
outside the Federal Reserve System.

    Board of Governors of the Federal Reserve System, June 23, 2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020-13855 Filed 6-26-20; 8:45 am]
BILLING CODE 6210-01-P