Agency Information Collection Activities: Submission for OMB Review; Comment Request (OMB No. 3064-0153), 68879-68881 [2020-24074]

Download as PDF Federal Register / Vol. 85, No. 211 / Friday, October 30, 2020 / Notices enterprise risk management practices; and (4) using best practices to protect against improper payments and to prevent fraud, waste, and abuse in its handling of funds. The search committee was also required to ensure that the Clearinghouse would adopt robust privacy and data security best practices in its operations. The Commission required the search committee, in notifying the Commission of its selection for the Clearinghouse, to: (a) Fully disclose any actual or potential organizational or personal conflicts of interest or any appearance of such conflicts of interest of the Clearinghouse or its officers, directors, employees, and/or contractors; and (b) detail the salary and benefits associated with each position. On July 31, 2020, the search committee announced that it had unanimously selected CohnReznick to serve as the Clearinghouse. The search committee also included a document detailing CohnReznick’s qualifications, expertise, and ability to fulfill the duties of the Clearinghouse. As directed by the Commission in the 3.7 GHz Report and Order, the Bureau issued a public notice seeking comment on whether CohnReznick satisfies the criteria established by the Commission in the 3.7 GHz Report and Order. The Commission received comments from Boeing, CohnReznick, and Vertix. In the 3.7 GHz Report and Order, the Commission assigned responsibility for finding, evaluating, and selecting a qualified Clearinghouse to the search committee. The Bureau’s role in the selection process is limited to determining whether the selected entity has or has not satisfied the specific criteria set forth in the 3.7 GHz Report and Order. The search committee fulfilled its responsibility when it unanimously selected CohnReznick to serve as the Clearinghouse and provided the Bureau with detailed information regarding CohnReznick’s qualifications and compliance with the selection criteria. Notably, the Search Committee Letter and attachments clearly demonstrate that CohnReznick: (1) Is a neutral and independent entity with no conflicts of interest; (2) has the requisite financial, accounting, auditing and industry expertise necessary to perform the functions of the Clearinghouse; (3) will adopt and follow all relevant industry best practices to facilitate the transition; and (4) will incorporate robust privacy and data security best practices into its operations. After review of the record, the Bureau finds that CohnReznick has satisfied the Clearinghouse selection criteria described in section 27.1414 of the Commission’s rules and the 3.7 GHz Report and Order. Federal Communications Commission. Amy Brett, Associate Division Chief, Competition and Infrastructure Policy Division, Wireless Telecommunications Bureau. [FR Doc. 2020–24189 Filed 10–28–20; 4:15 pm] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Comment Request (OMB No. 3064–0153) Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: The FDIC, as part of its ongoing obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collection described below (OMB No. 3064–0153). On July 28, 2020, the FDIC requested comment for 60 days on a proposal to renew the information collections described below. No comments were received. The FDIC hereby gives notice of its plan to submit to the Office of Management and Budget (OMB) a request to approve the renewal of this collection, and again invites comment on its renewal. SUMMARY: 68879 Comments will be accepted until November 30, 2020. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods: • Agency website: https:// www.FDIC.gov/regulations/laws/federal. • Email: comments@fdic.gov. Include the name and number of the collection in the subject line of the message. • Mail: Jennifer Jones (202–898– 6768), Counsel, MB–3078, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. • Hand Delivery: Comments may be hand-delivered to the guard station at the rear of the 17th Street building (located on F Street NW), on business days between 7:00 a.m. and 5:00 p.m. All comments should refer to the relevant OMB control number. A copy of the comments may also be submitted to the OMB desk officer for the FDIC: Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Jennifer Jones, Counsel, 202–898–6768, jennjones@fdic.gov, MB–3105, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. SUPPLEMENTARY INFORMATION: On July 28, 2020, the FDIC requested comment for 60 days on a proposal to renew the information collections described below. No comments were received. The FDIC hereby gives notice of its plan to submit to the Office of Management and Budget (OMB) a request to approve the renewal of this collection, and again invites comment on its renewal. Proposal to renew the following currently approved collection of information: 1. Title: Regulatory Capital Rules. OMB Number: 3064–0153. Affected Public: Insured state nonmember banks and state savings associations. Burden Estimate: DATES: jbell on DSKJLSW7X2PROD with NOTICES ESTIMATED HOURLY BURDEN Estimated number of respondents Estimated time per response Type of burden Implementation plan—Section ll.121(b): Ongoing .......... Documentation of advanced systems—Section ll.122(j): Ongoing. Systems maintenance—Sections ll.122(a), ll123(a), ll.124(a): Ongoing. Recordkeeping ...... Recordkeeping ...... 1 1 330 19 On Occasion ......... On Occasion ......... 330 19 Recordkeeping ...... 1 27.90 On Occasion ......... 28 VerDate Sep<11>2014 21:10 Oct 29, 2020 Jkt 253001 PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 E:\FR\FM\30OCN1.SGM Frequency of response Total annual estimated burden Basel III advanced approaches: Recordkeeping, disclosure, and reporting 30OCN1 68880 Federal Register / Vol. 85, No. 211 / Friday, October 30, 2020 / Notices jbell on DSKJLSW7X2PROD with NOTICES ESTIMATED HOURLY BURDEN—Continued Estimated number of respondents Estimated time per response Type of burden Supervisory approvals—Sections ll.122(d)–(h), ll.132(b)(3), ll.132(d)(1), ll.132(d)(1)(iii): Ongoing. Control, oversight and verification of systems—Sections ll.122 to ll.124: Ongoing. (CCR)—Section ll.132(b)(2)(iii)(A): One-time .................. (CCR)—Section ll.132(b)(2)(iii)(A): Ongoing ................... (CCR)—Section ll.132(d)(2)(iv): One-time ...................... (CCR)—Section ll.132(d)(2)(iv): Ongoing ....................... (CCR)—Section ll.132(d)(3)(vi): One-time ...................... (CCR)—Section ll.132(d)(3)(viii): One-time ..................... (CCR)—Section ll.132(d)(3)(viii) Ongoing ....................... (CCR)—Section ll.132(d)(3)(ix): One-time ...................... (CCR)—Section ll.132(d)(3)(ix): Ongoing ....................... (CCR)—Section ll.132(d)(3)(x): One-time ....................... (CCR)—Section ll.132(d)(3)(xi): One-time ...................... (CCR)—Section ll.132(d)(3)(xi): Ongoing ....................... (OC)—Section ll.141(b)(3), ll.141(c)(1), ll.141(c)(2)(i)–(ii), ll.153:: One-time. (OC)—Section ll.141(c)(2)(i)–(ii): Ongoing ...................... Sections ll.142 and ll.171: Ongoing ........................... (CCB and CCYB)—Section ll.173, Table 4 (Securitization)—Section ll.173, Table 9 (IRR)—Section ll.173, Table 12: Ongoing. (CCB and CCYB)—Section ll.173, Table 4 (Securitization)—Section ll.173, Table 9 (IRR)—Section ll.173, Table 12: One-time. (Capital Structure)—Section ll.173, Table 2: Ongoing .... (Capital Structure)—Section ll.173, Table 2: One-time .. (Capital Adequacy)—Section ll.173, Table 3: Ongoing .. (Capital Adequacy)—Section ll.173, Table 3: One-time (CR) —Section ll.173, Table 5: Ongoing ........................ (CR)—Section ll.173, Table 5: One-time ........................ Section ll.304—Opt-In Relief and Related FDIC Approval: Ongoing. Recordkeeping ...... 1 16.82 On Occasion ......... 17 Recordkeeping ...... 1 11.05 On Occasion ......... 11 Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping Recordkeeping ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 1 1 1 1 1 1 1 1 1 1 1 1 1 80 16 80 40 80 80 10 40 40 20 40 40 40 On Occasion ......... On Occasion ......... On Occasion ......... On Occasion ......... On Occasion ......... On Occasion ......... Quarterly ............... On Occasion ......... On Occasion ......... On Occasion ......... On Occasion ......... On Occasion ......... On Occasion ......... 80 16 80 40 80 80 40 40 40 20 40 40 40 Recordkeeping ...... Disclosure ............. Disclosure ............. 1 1 1 10 5.78 25 Quarterly ............... On Occasion ......... Quarterly ............... 40 6 100 Disclosure ............. 1 200 On Occasion ......... 200 Disclosure ............. Disclosure ............. Disclosure ............. Disclosure ............. Disclosure ............. Disclosure ............. Reporting .............. 1 1 1 1 1 1 7 2 16 2 16 12 96 12 Quarterly ............... On Occasion ......... Quarterly ............... On Occasion ......... Quarterly ............... On Occasion ......... On Occasion ......... 8 16 8 16 48 96 84 Subtotal: One-time Recordkeeping and Disclosure ...... Subtotal: Ongoing Recordkeeping, Disclosure, and Reporting. ............................... ............................... .................... .................... .................. .................. ............................... ............................... 788 875 Total Recordkeeping, Disclosure, and Reporting .. ............................... .................... .................. ............................... 1,663 Minimum regulatory capital ratios: Recordkeeping Type of burden Estimated number of respondents Estimated time per response Frequency of response (CCR Operational Requirements)—Sections ll.3(d) and ll.22(h)(2)(iii)(A): Ongoing. Recordkeeping ...... 3,270 16 On Occasion ......... 52,320 Subtotal: One-time Recordkeeping ............................... Subtotal: Ongoing Recordkeeping ................................. ............................... ............................... .................... .................... .................. .................. ............................... ............................... 0 52,320 Total Recordkeeping .............................................. ............................... .................... .................. ............................... 52,320 Standardized approach: Recordkeeping and disclosure Type of burden Estimated number of respondents Estimated time per response Frequency of response (QCCP)—Section ll.35(b)(3)(i)(A): One-time ................... (QCCP)—Section ll.35(b)(3)(i)(A): Ongoing .................... (CT)—Section ll.37(c)(4)(i)(E): One-time ........................ (CT)—Section ll.37(c)(4)(i)(E): Ongoing .......................... (SE)—Section ll.41(b)(3) and ll.41(c)(2)(i): One-time (SE)—Section ll.41(c)(2)(ii): Ongoing .............................. (S.E.)—Section ll.42(e)(2), (C.R.) Sections ll.62(a),(b),& (c), (Q&Q) Sections ll.63(a) & (b): One-time. Recordkeeping ...... Recordkeeping ...... Recordkeeping ...... Recordkeeping ...... Recordkeeping ...... Recordkeeping ...... Disclosure ............. VerDate Sep<11>2014 21:10 Oct 29, 2020 Jkt 253001 PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 1 3,270 1 3,270 1 3,270 1 2 2 80 16 40 2 226.25 E:\FR\FM\30OCN1.SGM Frequency of response Total annual estimated burden Basel III advanced approaches: Recordkeeping, disclosure, and reporting On On On On On On On 30OCN1 Occasion Occasion Occasion Occasion Occasion Occasion Occasion ......... ......... ......... ......... ......... ......... ......... Total annual estimated burden Total annual estimated burden 2 6,540 80 52,320 40 6,540 226 Federal Register / Vol. 85, No. 211 / Friday, October 30, 2020 / Notices Estimated number of respondents Estimated time per response Frequency of response 68881 Total annual estimated burden Standardized approach: Recordkeeping and disclosure Type of burden (S.E.)—Section ll.42(e)(2), (C.R.) Sections ll.62(a),(b),& (c), (Q&Q) Sections ll.63(a) & (b) and ll.63 Tables: Ongoing. Disclosure ............. 1 131.25 Quarterly ............... 525 Subtotal: One-time Recordkeeping and Disclosure ...... Subtotal: Ongoing Recordkeeping and Disclosure ....... ............................... ............................... .................... .................... .................. .................. ............................... ............................... 348 65,925 Total Recordkeeping and Disclosure ..................... ............................... .................... .................. ............................... 66,273 jbell on DSKJLSW7X2PROD with NOTICES ESTIMATED COST TO RESPONDENTS ASSOCIATED WITH HOURLY BURDEN Total One-Time Burden Hours ............................................. Total Ongoing Burden Hours ................................................ ............................... ............................... .................... .................... .................. .................. ............................... ............................... 1,136 119,120 Total Burden Hours ....................................................... ............................... .................... .................. ............................... 120,256 General Description of Collection: This collection comprises the disclosure and recordkeeping requirements associated with minimum capital requirements and overall capital adequacy standards for insured state nonmember banks, state savings associations, and certain subsidiaries of those entities. The data is used by the FDIC to evaluate capital before approving various applications by insured depository institutions, to evaluate capital as an essential component in determining safety and soundness, and to determine whether an institution is subject to prompt corrective action provisions. In addition, the Regulatory Capital Rule: Temporary Exclusion of U.S. Treasury Securities and Deposits at Federal Reserve Banks from the Supplementary Leverage Ratio for Depository Institutions, 85 FR 32980 (June 1, 2020) added a new opt-in provision in 12 CFR 324.304 for the temporary exclusion from the total leverage ratio. The new opt-in provision accounts for a slight increase of 84 burden hours. After factoring in the slight increase in burden hours as a result of the new opt-in provision, along with the changes to the respondent count as a result of economic fluctuation, the information collection is reduced overall by 7,800 hours. Outside of the new opt-in provision, the hours per response and frequency of responses for the rest of the information collection have remained the same. Request for Comment: Comments are invited on: (a) Whether the collection of information is 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 VerDate Sep<11>2014 21:10 Oct 29, 2020 Jkt 253001 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 October 27, 2020. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2020–24074 Filed 10–29–20; 8:45 am] BILLING CODE 6714–01–P FEDERAL RESERVE SYSTEM 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 10 of the Home Owners’ Loan Act (12 U.S.C. 1467a) (HOLA) and Regulation LL (12 CFR part 238) 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 § 238.53 of Regulation LL (12 CFR 238.53). Unless otherwise noted, these activities will be conducted throughout the United States. 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 PO 00000 Frm 00049 Fmt 4703 Sfmt 9990 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 section 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 November 16, 2020. A. Federal Reserve Bank of St. Louis (David L. Hubbard, Senior Manager) P.O. Box 442, St. Louis, Missouri 63166–2034. Comments can also be sent electronically to Comments.applications@stls.frb.org: 1. BancKentucky, Inc., Murray, Kentucky; to engage de novo in the acquisition of improved real estate for remodeling, rehabilitation, modernization, renovation, or demolition and rebuilding for sale or for rental and maintenance and management of improved real estate pursuant to sections 238.53(b)(7) and (b)(8) of Regulation LL. Board of Governors of the Federal Reserve System, October 27, 2020. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2020–24096 Filed 10–29–20; 8:45 am] BILLING CODE 6210–01–P E:\FR\FM\30OCN1.SGM 30OCN1

Agencies

[Federal Register Volume 85, Number 211 (Friday, October 30, 2020)]
[Notices]
[Pages 68879-68881]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-24074]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request (OMB No. 3064-0153)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

SUMMARY: The FDIC, as part of its ongoing obligations under the 
Paperwork Reduction Act of 1995, invites the general public and other 
Federal agencies to take this opportunity to comment on the renewal of 
the existing information collection described below (OMB No. 3064-
0153). On July 28, 2020, the FDIC requested comment for 60 days on a 
proposal to renew the information collections described below. No 
comments were received. The FDIC hereby gives notice of its plan to 
submit to the Office of Management and Budget (OMB) a request to 
approve the renewal of this collection, and again invites comment on 
its renewal.

DATES: Comments will be accepted until November 30, 2020.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     Agency website: https://www.FDIC.gov/regulations/laws/federal.
     Email: [email protected]. Include the name and number of 
the collection in the subject line of the message.
     Mail: Jennifer Jones (202-898-6768), Counsel, MB-3078, 
Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, 
DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street building (located on F Street 
NW), on business days between 7:00 a.m. and 5:00 p.m.
    All comments should refer to the relevant OMB control number. A 
copy of the comments may also be submitted to the OMB desk officer for 
the FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Jennifer Jones, Counsel, 202-898-6768, 
[email protected], MB-3105, Federal Deposit Insurance Corporation, 550 
17th Street NW, Washington, DC 20429.

SUPPLEMENTARY INFORMATION: On July 28, 2020, the FDIC requested comment 
for 60 days on a proposal to renew the information collections 
described below. No comments were received. The FDIC hereby gives 
notice of its plan to submit to the Office of Management and Budget 
(OMB) a request to approve the renewal of this collection, and again 
invites comment on its renewal.
    Proposal to renew the following currently approved collection of 
information:
    1. Title: Regulatory Capital Rules.
    OMB Number: 3064-0153.
    Affected Public: Insured state nonmember banks and state savings 
associations.
    Burden Estimate:

                                                                 Estimated Hourly Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                 Total
      Basel III advanced approaches:                                             Estimated    Estimated                                         annual
Recordkeeping,  disclosure, and reporting             Type of burden             number of    time per          Frequency of  response         estimated
                                                                                respondents   response                                          burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Implementation plan--Section __.121(b):    Recordkeeping......................            1         330  On Occasion........................         330
 Ongoing.
Documentation of advanced systems--        Recordkeeping......................            1          19  On Occasion........................          19
 Section __.122(j): Ongoing.
Systems maintenance--Sections __.122(a),   Recordkeeping......................            1       27.90  On Occasion........................          28
 __123(a), __.124(a): Ongoing.

[[Page 68880]]

 
Supervisory approvals--Sections __.122(d)- Recordkeeping......................            1       16.82  On Occasion........................          17
 (h), __.132(b)(3), __.132(d)(1),
 __.132(d)(1)(iii): Ongoing.
Control, oversight and verification of     Recordkeeping......................            1       11.05  On Occasion........................          11
 systems--Sections __.122 to __.124:
 Ongoing.
(CCR)--Section __.132(b)(2)(iii)(A): One-  Recordkeeping......................            1          80  On Occasion........................          80
 time.
(CCR)--Section __.132(b)(2)(iii)(A):       Recordkeeping......................            1          16  On Occasion........................          16
 Ongoing.
(CCR)--Section __.132(d)(2)(iv): One-time  Recordkeeping......................            1          80  On Occasion........................          80
(CCR)--Section __.132(d)(2)(iv): Ongoing.  Recordkeeping......................            1          40  On Occasion........................          40
(CCR)--Section __.132(d)(3)(vi): One-time  Recordkeeping......................            1          80  On Occasion........................          80
(CCR)--Section __.132(d)(3)(viii): One-    Recordkeeping......................            1          80  On Occasion........................          80
 time.
(CCR)--Section __.132(d)(3)(viii) Ongoing  Recordkeeping......................            1          10  Quarterly..........................          40
(CCR)--Section __.132(d)(3)(ix): One-time  Recordkeeping......................            1          40  On Occasion........................          40
(CCR)--Section __.132(d)(3)(ix): Ongoing.  Recordkeeping......................            1          40  On Occasion........................          40
(CCR)--Section __.132(d)(3)(x): One-time.  Recordkeeping......................            1          20  On Occasion........................          20
(CCR)--Section __.132(d)(3)(xi): One-time  Recordkeeping......................            1          40  On Occasion........................          40
(CCR)--Section __.132(d)(3)(xi): Ongoing.  Recordkeeping......................            1          40  On Occasion........................          40
(OC)--Section __.141(b)(3), __.141(c)(1),  Recordkeeping......................            1          40  On Occasion........................          40
 __.141(c)(2)(i)-(ii), __.153:: One-time.
(OC)--Section __.141(c)(2)(i)-(ii):        Recordkeeping......................            1          10  Quarterly..........................          40
 Ongoing.
Sections __.142 and __.171: Ongoing......  Disclosure.........................            1        5.78  On Occasion........................           6
(CCB and CCYB)--Section __.173, Table 4    Disclosure.........................            1          25  Quarterly..........................         100
 (Securitization)--Section __.173, Table
 9 (IRR)--Section __.173, Table 12:
 Ongoing.
(CCB and CCYB)--Section __.173, Table 4    Disclosure.........................            1         200  On Occasion........................         200
 (Securitization)--Section __.173, Table
 9 (IRR)--Section __.173, Table 12: One-
 time.
(Capital Structure)--Section __.173,       Disclosure.........................            1           2  Quarterly..........................           8
 Table 2: Ongoing.
(Capital Structure)--Section __.173,       Disclosure.........................            1          16  On Occasion........................          16
 Table 2: One-time.
(Capital Adequacy)--Section __.173, Table  Disclosure.........................            1           2  Quarterly..........................           8
 3: Ongoing.
(Capital Adequacy)--Section __.173, Table  Disclosure.........................            1          16  On Occasion........................          16
 3: One-time.
(CR) --Section __.173, Table 5: Ongoing..  Disclosure.........................            1          12  Quarterly..........................          48
(CR)--Section __.173, Table 5: One-time..  Disclosure.........................            1          96  On Occasion........................          96
Section __.304--Opt-In Relief and Related  Reporting..........................            7          12  On Occasion........................          84
 FDIC Approval: Ongoing.
                                                                               -------------------------------------------------------------------------
    Subtotal: One-time Recordkeeping and   ...................................  ...........  ..........  ...................................         788
     Disclosure.
    Subtotal: Ongoing Recordkeeping,       ...................................  ...........  ..........  ...................................         875
     Disclosure, and Reporting.
                                                                               -------------------------------------------------------------------------
        Total Recordkeeping, Disclosure,   ...................................  ...........  ..........  ...................................       1,663
         and Reporting.
--------------------------------------------------------------------------------------------------------------------------------------------------------


 
                                                                                                                                                 Total
    Minimum regulatory capital ratios:                                           Estimated    Estimated                                         annual
              Recordkeeping                           Type of burden             number of    time per          Frequency of  response         estimated
                                                                                respondents   response                                          burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
(CCR Operational Requirements)--Sections   Recordkeeping......................        3,270          16  On Occasion........................      52,320
 __.3(d) and __.22(h)(2)(iii)(A): Ongoing.
                                                                               -------------------------------------------------------------------------
    Subtotal: One-time Recordkeeping.....  ...................................  ...........  ..........  ...................................           0
    Subtotal: Ongoing Recordkeeping......  ...................................  ...........  ..........  ...................................      52,320
                                                                               -------------------------------------------------------------------------
        Total Recordkeeping..............  ...................................  ...........  ..........  ...................................      52,320
--------------------------------------------------------------------------------------------------------------------------------------------------------


 
                                                                                                                                                 Total
 Standardized approach: Recordkeeping and                                        Estimated    Estimated                                         annual
                disclosure                           Type of  burden             number of    time per          Frequency of  response         estimated
                                                                                respondents   response                                          burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
(QCCP)--Section __.35(b)(3)(i)(A): One-    Recordkeeping......................            1           2  On Occasion........................           2
 time.
(QCCP)--Section __.35(b)(3)(i)(A):         Recordkeeping......................        3,270           2  On Occasion........................       6,540
 Ongoing.
(CT)--Section __.37(c)(4)(i)(E): One-time  Recordkeeping......................            1          80  On Occasion........................          80
(CT)--Section __.37(c)(4)(i)(E): Ongoing.  Recordkeeping......................        3,270          16  On Occasion........................      52,320
(SE)--Section __.41(b)(3) and              Recordkeeping......................            1          40  On Occasion........................          40
 __.41(c)(2)(i): One-time.
(SE)--Section __.41(c)(2)(ii): Ongoing...  Recordkeeping......................        3,270           2  On Occasion........................       6,540
(S.E.)--Section __.42(e)(2), (C.R.)        Disclosure.........................            1      226.25  On Occasion........................         226
 Sections __.62(a),(b),& (c), (Q&Q)
 Sections __.63(a) & (b): One-time.

[[Page 68881]]

 
(S.E.)--Section __.42(e)(2), (C.R.)        Disclosure.........................            1      131.25  Quarterly..........................         525
 Sections __.62(a),(b),& (c), (Q&Q)
 Sections __.63(a) & (b) and __.63
 Tables: Ongoing.
                                                                               -------------------------------------------------------------------------
    Subtotal: One-time Recordkeeping and   ...................................  ...........  ..........  ...................................         348
     Disclosure.
    Subtotal: Ongoing Recordkeeping and    ...................................  ...........  ..........  ...................................      65,925
     Disclosure.
                                                                               -------------------------------------------------------------------------
        Total Recordkeeping and            ...................................  ...........  ..........  ...................................      66,273
         Disclosure.
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                               ESTIMATED COST TO RESPONDENTS ASSOCIATED WITH HOURLY BURDEN
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total One-Time Burden Hours..............  ...................................  ...........  ..........  ...................................       1,136
Total Ongoing Burden Hours...............  ...................................  ...........  ..........  ...................................     119,120
                                                                               -------------------------------------------------------------------------
    Total Burden Hours...................  ...................................  ...........  ..........  ...................................     120,256
--------------------------------------------------------------------------------------------------------------------------------------------------------

    General Description of Collection: This collection comprises the 
disclosure and recordkeeping requirements associated with minimum 
capital requirements and overall capital adequacy standards for insured 
state nonmember banks, state savings associations, and certain 
subsidiaries of those entities. The data is used by the FDIC to 
evaluate capital before approving various applications by insured 
depository institutions, to evaluate capital as an essential component 
in determining safety and soundness, and to determine whether an 
institution is subject to prompt corrective action provisions. In 
addition, the Regulatory Capital Rule: Temporary Exclusion of U.S. 
Treasury Securities and Deposits at Federal Reserve Banks from the 
Supplementary Leverage Ratio for Depository Institutions, 85 FR 32980 
(June 1, 2020) added a new opt-in provision in 12 CFR 324.304 for the 
temporary exclusion from the total leverage ratio. The new opt-in 
provision accounts for a slight increase of 84 burden hours.
    After factoring in the slight increase in burden hours as a result 
of the new opt-in provision, along with the changes to the respondent 
count as a result of economic fluctuation, the information collection 
is reduced overall by 7,800 hours. Outside of the new opt-in provision, 
the hours per response and frequency of responses for the rest of the 
information collection have remained the same.
    Request for Comment: Comments are invited on: (a) Whether the 
collection of information is 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 October 27, 2020.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2020-24074 Filed 10-29-20; 8:45 am]
BILLING CODE 6714-01-P