Notice of Agreements Filed, 59800 [2020-20969]
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Federal Register / Vol. 85, No. 185 / Wednesday, September 23, 2020 / Notices
Disclosure Requirements—The
regulation requires that, before opening
an account that will engage in retail
foreign exchange transactions, a banking
institution must obtain from each retail
foreign exchange customer an
acknowledgement of receipt and
understanding of a written disclosure
specified in the rule and of disclosures
about the banking institution’s fees and
other charges and of its profitable
accounts ratio. The institution must also
provide monthly statements to each
retail foreign exchange customer and
must send confirmation statements
following every transaction.
The customer dispute resolution
provisions of the regulation require
6. Title: Covered Financial Company
Asset Purchaser Eligibility Certification.
certain endorsements,
acknowledgements and signature
language as well as the timely provision
of a list of persons qualified to handle
a customer’s request for arbitration.
There is no change in the method or
substance of the collection. At present
no FDIC-supervised institution is
engaging in activities that would make
them subject to the information
collection requirements. The agency is
keeping the estimated number of
respondents to one (1) as a placeholder
in case an institution elects to engage in
covered activities in the future. There
has been no change in the frequency of
response or in the estimated number of
hours required to respond.
OMB Number: 3064–0194.
Form Number: 7300/10.
Affected Public: Any individual or
entity that is a potential purchaser of
assets from (1) the FDIC as receiver for
a Covered Financial Company (CFC); or
(2) a bridge financial company (BFC)
which requires the approval of the
FDIC, as receiver for the predecessor
CFC and as the sole shareholder of the
BFC (e.g., the BFC’s sale of a significant
business line).
Burden Estimates:
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY OF ANNUAL BURDEN
Information collection description
Type of
burden
Obligation
to respond
Covered Financial Company Asset Sales Purchaser Eligibility Certification.
Reporting ......
Mandatory .........
Total Estimated Annual Burden: 5
hours.
General Description of Collection:
Assets held by the FDIC in the course
of liquidating any covered financial
company must not be sold to persons
who contributed to the demise of a
covered financial company in specified
ways (e.g., individuals who profited or
engaged in wrongdoing at the expense
of the failed institution, or seriously
mismanaged the failed institution). 12
CFR part 380 requires prospective
purchasers to complete and submit a
Purchaser Eligibility Certification (PEC)
to the FDIC. The PEC is a self
certification by a prospective purchaser
that it does not fall into any of the
categories of individuals or entities that
are prohibited by statute or regulation
from purchasing the assets of covered
financial companies. The PEC will be
required in connection with the sale of
assets by the FDIC, as receiver for a CFC,
or the sale of assets by a BFC which
requires the approval of the FDIC, as
receiver for the predecessor CFC and as
the sole shareholder of the BFC. There
is no change in the methodology or
substance of this information collection.
The estimated annual burden is
unchanged.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
VerDate Sep<11>2014
18:02 Sep 22, 2020
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Estimated
number of
respondents
10
necessary for the proper performance of
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.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on September
17, 2020.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2020–21003 Filed 9–22–20; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL MARITIME COMMISSION
Notice of Agreements Filed
The Commission hereby gives notice
of the filing of the following agreements
under the Shipping Act of 1984.
Interested parties may submit
comments, relevant information, or
documents regarding the agreements to
PO 00000
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Estimated
frequency
of responses
Estimated
time per
response
(minutes)
On Occasion .....
Estimated
annual
burden
(hours)
30
the Secretary by email at Secretary@
fmc.gov, or by mail, Federal Maritime
Commission, Washington, DC 20573.
Comments will be most helpful to the
Commission if received within 12 days
of the date this notice appears in the
Federal Register. Copies of agreements
are available through the Commission’s
website (www.fmc.gov) or by contacting
the Office of Agreements at (202)-523–
5793 or tradeanalysis@fmc.gov.
Agreement No.: 201347.
Agreement Name: Sallaum/Hyundai
Glovis Space Charter Agreement.
Parties: Sallaum Lines Switzerland
AS and Hyundai Glovis Co., Ltd.
Filing Party: Wayne Rohde; Cozen
O’Connor.
Synopsis: The agreement authorizes
Sallaum to charter space to Hyundai
Glovis on an ‘‘as needed/as available’’
basis in the trade from ports in Mexico
to ports on the Atlantic and Gulf Coasts
of the United States.
Proposed Effective Date: 9/14/2020.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/33505.
Dated: September 18, 2020.
Rachel Dickon,
Secretary.
[FR Doc. 2020–20969 Filed 9–22–20; 8:45 am]
BILLING CODE 6730–02–P
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Agencies
[Federal Register Volume 85, Number 185 (Wednesday, September 23, 2020)]
[Notices]
[Page 59800]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-20969]
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FEDERAL MARITIME COMMISSION
Notice of Agreements Filed
The Commission hereby gives notice of the filing of the following
agreements under the Shipping Act of 1984. Interested parties may
submit comments, relevant information, or documents regarding the
agreements to the Secretary by email at [email protected], or by mail,
Federal Maritime Commission, Washington, DC 20573. Comments will be
most helpful to the Commission if received within 12 days of the date
this notice appears in the Federal Register. Copies of agreements are
available through the Commission's website (www.fmc.gov) or by
contacting the Office of Agreements at (202)-523-5793 or
[email protected].
Agreement No.: 201347.
Agreement Name: Sallaum/Hyundai Glovis Space Charter Agreement.
Parties: Sallaum Lines Switzerland AS and Hyundai Glovis Co., Ltd.
Filing Party: Wayne Rohde; Cozen O'Connor.
Synopsis: The agreement authorizes Sallaum to charter space to
Hyundai Glovis on an ``as needed/as available'' basis in the trade from
ports in Mexico to ports on the Atlantic and Gulf Coasts of the United
States.
Proposed Effective Date: 9/14/2020.
Location: https://www2.fmc.gov/FMC.Agreements.Web/Public/AgreementHistory/33505.
Dated: September 18, 2020.
Rachel Dickon,
Secretary.
[FR Doc. 2020-20969 Filed 9-22-20; 8:45 am]
BILLING CODE 6730-02-P