Solicitation of Statements of Interest for Membership on the Insurance Policy Advisory Committee, 42400-42401 [2020-15102]
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Federal Register / Vol. 85, No. 135 / Tuesday, July 14, 2020 / Notices
FEDERAL MARITIME COMMISSION
Information Collection Open for
Comment
Agency Information Collection
Activities: 60-Day Public Comment
Request
Title: 46 CFR part 515—Licensing,
Registration, Financial Responsibility
Requirements and General Duties for
Ocean Transportation Intermediaries.
OMB Control Number: 3072–0018
(Expires Dec 31, 2022).
Abstract: The Shipping Act of 1984
(the Act), 46 U.S.C. 40101–41309, as
amended, provides that no person in the
United States may advertise, hold
oneself out, or act as an ocean
transportation intermediary (OTI) unless
that person holds a license issued by the
Commission. The Commission shall
issue an OTI license to any person that
the Commission determines to be
qualified by experience and character to
act as an OTI. Further, no person may
act as an OTI unless that person
furnishes a bond, proof of insurance, or
other surety in a form and amount
determined by the Commission to
insure financial responsibility. The
Commission has implemented the Act’s
OTI requirements in regulations
contained in 46 CFR part 515, including
financial responsibility Forms FMC–48,
FMC–67, FMC–68, and FMC–69,
Optional Rider Forms FMC–48A and
FMC–69A, its related license
application Form FMC–18, and the
related foreign-based unlicensed
NVOCC registration/renewal Form
FMC–65.
Type of Request: Extension with
change.
Proposed Changes: Through a Final
Rule published in Docket No 19–06, the
Commission revised its regulations to
implement the provisions of the Frank
LoBiondo Coast Guard Authorization
Act of 2018. The revisions included
amendments to the regulations
governing OTIs to reflect statutory
changes to the types of persons that are
required to be licensed and maintain a
bond, insurance, or other surety. The
Final Rule also revised the regulations
governing the general duties of nonvessel-operating common carriers
(NVOCCs) to reflect amendments to
several prohibited acts. In particular, the
Final Rule eliminated the requirement
that registered NVOCCs use only
licensed OTIs as agents in the United
States. Consistent with this change, the
Commission proposes to remove that
portion of the certification in the Form
FMC–65 that requires applicants to
certify that they will only use licensed
OTIs for any OTI activities performed
on their behalf in the United States.
Purpose: The Commission uses
information obtained under this part
and through Form FMC–18 to determine
the qualifications of OTIs and their
Federal Maritime Commission.
Notice and request for
comments.
AGENCY:
ACTION:
The Federal Maritime
Commission (Commission) will be
submitting an Information Collection
Request (ICR) to the Office of
Management and Budget (OMB) for
review and approval in accordance with
the Paperwork Reduction Act of 1995.
The ICR is for an extension with change
of a previously approved information
collection. Prior to submitting the ICR to
OMB, the Commission invites
comments on the information collection
listed below in this notice.
DATES: Written comments must be
submitted on or before September 14,
2020.
SUMMARY:
Comments should be
addressed to: Karen V. Gregory,
Managing Director, Office of the
Managing Director, Federal Maritime
Commission, omd@fmc.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the information collection and
instructions, or copies of any comments
received, may be obtained by contacting
Donna Lee at (202) 523–5800 or email:
omd@fmc.gov.
REQUEST FOR COMMENTS: The
Commission, as part of its continuing
effort to reduce paperwork and
respondent burden, invites the general
public and other Federal agencies to
comment on the information collection
extension with change listed in this
notice, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C. 3501
et seq.).
Comments submitted in response to
this notice will be included or
summarized in our request for OMB
approval of the relevant information
collection. All comments are part of the
public record and subject to disclosure.
Please do not include any confidential
or inappropriate material in your
comments. We invite comments on: (1)
The necessity and utility of the
information collection for the proper
performance of the agency’s functions;
(2) the accuracy of the estimated
burden; (3) ways to enhance the quality,
utility, and clarity of the information to
be collected; and (4) the use of
automated collection techniques or
other forms of information technology to
minimize the information collection
burden.
ADDRESSES:
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compliance with the Act and
regulations, and to enable the
Commission to discharge its duties
under the Act by ensuring that OTIs
maintain acceptable evidence of
financial responsibility. If the collection
of information were not conducted,
there would be no basis upon which the
Commission could determine if
applicants are qualified for licensing.
The Commission would also not be able
to effectively assess the compliance of
foreign-based, unlicensed NVOCCs
without the required registration
information.
Frequency: This information is
collected when applicants apply for a
license or submit a registration,
complete the triennial renewal, or when
existing licensees or registrants change
their application forms.
Type of Respondents: The types of
respondents are persons desiring to
obtain or maintain a license or
registration to advertise, hold
themselves out as, or act as an OTI.
Under the Act, OTIs may be either an
ocean freight forwarder, an NVOCC, or
both.
Number of Annual Respondents: The
Commission estimates a potential
annual respondent universe of 6,475
entities.
Estimated Time per Response: The
time per response to complete
application Form FMC–18 averages 2
hours and to complete the triennial
renewal is 10 minutes. The time to
complete a financial responsibility form
averages 20 minutes. The time to
complete Form FMC–65 to submit or
renew a registration as a foreign-based,
unlicensed NVOCC averages 10
minutes.
Total Annual Burden: The
Commission estimates the total annual
burden at 3,918 hours.
By the Commission.
Rachel Dickon,
Secretary.
[FR Doc. 2020–15092 Filed 7–13–20; 8:45 am]
BILLING CODE 6730–02–P
FEDERAL RESERVE SYSTEM
Solicitation of Statements of Interest
for Membership on the Insurance
Policy Advisory Committee
Board of Governors of the
Federal Reserve System (Board).
SUMMARY: The Economic Growth,
Regulatory Relief, and Consumer
Protection Act established at the Board
an Insurance Policy Advisory
Committee (IPAC). This announcement
advises individuals who wish to serve
AGENCY:
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Federal Register / Vol. 85, No. 135 / Tuesday, July 14, 2020 / Notices
as IPAC members of the opportunity to
be considered for the IPAC.
DATES: Statements of Interest received
on or before September 14, 2020 will be
given consideration for selection to the
IPAC for appointment in 2020.
ADDRESSES: 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.
Submissions may also be mailed to
the Board of Governors of the Federal
Reserve System, Attn: Insurance Policy
Advisory Committee, 20th Street and
Constitution Ave. NW, Washington, DC
20551.
FOR FURTHER INFORMATION CONTACT:
Thomas Sullivan, Associate Director,
(202) 475–7656; Linda Duzick, Manager,
(202) 728–5881; or Jan Bauer, Sr.
Insurance Policy Analyst, (202) 475–
7697, 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 document 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.
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 conference calls
and prepare for and attend meetings in
person. IPAC membership and
attendance is not delegable.
By order of the Board of Governors of the
Federal Reserve System, acting through the
Director of the Division of Supervision &
Regulation under delegated authority, June
29, 2020.
Ann Misback,
Secretary of the Board.
[FR Doc. 2020–15102 Filed 7–13–20; 8:45 am]
BILLING CODE P
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies;
Correction
Council Size and Terms
Correction
The IPAC will have no more than 21
members. The initial IPAC members,
selected in 2019, 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. Selected members
will serve a three-year term on IPAC
commencing on January 1, 2021, unless
selected to fill an unexpired term. The
Board will provide a nominal
honorarium and will reimburse IPAC
In the Federal Register of June 24,
2020, in FR Doc. 2020–13633,
‘‘Formations of, Acquisitions by, and
Mergers of Bank Holding Companies’’
pursuant to the Bank Holding Company
Act of 1956 and the Board’s Regulation
Y, under the heading, Federal Reserve
Bank of Chicago, Katz Acquisition
Corporation, LLC, Tampa, Florida;, on
page 37947, in the first column, at the
end of the first full paragraph, the
comment period end date is corrected to
read July 24, 2020.
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42401
Interested persons may view the
notice and submit comments as
provided in 85 FR 37946 (June 24, 2020)
no later than July 24, 2020.
Board of Governors of the Federal Reserve
System, July 7, 2020.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2020–14985 Filed 7–13–20; 8:45 am]
BILLING CODE P
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Savings and Loan Holding
Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Home Owners’ Loan Act
(12 U.S.C. 1461 et seq.) (HOLA),
Regulation LL (12 CFR part 238), and
Regulation MM (12 CFR part 239), and
all other applicable statutes and
regulations to become a savings and
loan holding company and/or to acquire
the assets or the ownership of, control
of, or the power to vote shares of a
savings association.
The public portions of the
applications listed below, as well as
other related filings required by the
Board, if any, are available for
immediate inspection at the Federal
Reserve Bank(s) indicated below and at
the offices of the Board of Governors.
This information may also be obtained
on an expedited basis, upon request, by
contacting the appropriate Federal
Reserve Bank and from the Board’s
Freedom of Information Office at
https://www.federalreserve.gov/foia/
request.htm. Interested persons may
express their views in writing on
whether the proposed transaction
complies with the standards
enumerated in the HOLA (12 U.S.C.
1467a(e)).
Comments regarding each of these
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 August 13, 2020.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Forward Mutual Holding Company
and Forward Financial, Inc., both of
Marshfield, Wisconsin; to convert from
bank holding companies to a mutual
holding company and a mid-tier stock
savings and loan holding company,
respectively, by retaining voting shares
of Forward Bank, a state savings
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]]>Agencies
[Federal Register Volume 85, Number 135 (Tuesday, July 14, 2020)]
[Notices]
[Pages 42400-42401]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15102]
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FEDERAL RESERVE SYSTEM
Solicitation of Statements of Interest for Membership on the
Insurance Policy Advisory Committee
AGENCY: Board of Governors of the Federal Reserve System (Board).
SUMMARY: The Economic Growth, Regulatory Relief, and Consumer
Protection Act established at the Board an Insurance Policy Advisory
Committee (IPAC). This announcement advises individuals who wish to
serve
[[Page 42401]]
as IPAC members of the opportunity to be considered for the IPAC.
DATES: Statements of Interest received on or before September 14, 2020
will be given consideration for selection to the IPAC for appointment
in 2020.
ADDRESSES: Individuals who are interested in being considered for the
IPAC may submit a Statement of Interest to [email protected]. 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 [email protected]. 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.
Submissions may also be mailed to the Board of Governors of the
Federal Reserve System, Attn: Insurance Policy Advisory Committee, 20th
Street and Constitution Ave. NW, Washington, DC 20551.
FOR FURTHER INFORMATION CONTACT: Thomas Sullivan, Associate Director,
(202) 475-7656; Linda Duzick, Manager, (202) 728-5881; or Jan Bauer,
Sr. Insurance Policy Analyst, (202) 475-7697, Division of Supervision
and Regulation; or [email protected].
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 document 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, selected in 2019, 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. Selected members will serve a three-year term on IPAC commencing
on January 1, 2021, unless selected 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 conference
calls and prepare for and attend meetings in person. IPAC membership
and attendance is not delegable.
By order of the Board of Governors of the Federal Reserve
System, acting through the Director of the Division of Supervision &
Regulation under delegated authority, June 29, 2020.
Ann Misback,
Secretary of the Board.
[FR Doc. 2020-15102 Filed 7-13-20; 8:45 am]
BILLING CODE P
