Notice of the FDIC's Response to Exception Requests Pursuant to Recordkeeping for Timely Deposit Insurance Determination, 51887-51888 [2021-20160]
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Federal Register / Vol. 86, No. 178 / Friday, September 17, 2021 / Notices
burden for small business concerns with
fewer than 25 employees.’’
OMB Control Number: 3060–0139.
Title: Application for Antenna
Structure Registration.
Form Number: FCC Form 854.
Type of Review: Extension of a
currently approved collection.
Respondents: Individuals or
households, business or other for-profit
entities, not-for-profit institutions, and
State, local, or Tribal governments.
Number of Respondents and
Responses: 2,400 respondents; 57,100
responses.
Estimated Time per Response: .33
hours to 2.5 hours.
Frequency of Response: On occasion
reporting requirement, recordkeeping
requirement and third-party disclosure
reporting requirement.
Obligation to Respond: Required to
obtain or retain benefits. Statutory
authority for this information collection
is contained in sections 1, 2, 4(i), 303,
and 309(j) of the Communications Act of
1934, as amended, 47 U.S.C. 151, 152,
154(i), 303, and 309(j), section 102(C) of
the National Environmental Policy Act
of 1969, as amended, 42 U.S.C. 4332(C),
and section 1506.6 of the regulations of
the Council on Environmental Quality,
40 CFR 1506.6.
Total Annual Burden: 25,682 hours.
Total Annual Cost: $1,176,813.
Needs and Uses: The purpose of FCC
Form 854 (Form 854) is to register
antenna structures that are used for
radio communication services which are
regulated by the Commission; to make
changes to existing antenna structure
registrations or pending applications for
registration; or to notify the Commission
of the completion of construction or
dismantlement of such structures, as
required by Title 47 of the Code of
Federal Regulations, Chapter 1, Sections
1.923, 1.1307, 1.1311, 17.1, 17.2, 17.4,
17.5, 17.6, 17.7, 17.57 and 17.58.
Any person or entity proposing to
construct or alter an antenna structure
that is more than 60.96 meters (200 feet)
in height, or that may interfere with the
approach or departure space of a nearby
airport runway, must notify the Federal
Aviation Administration (FAA) of
proposed construction. The FAA
determines whether the antenna
structure constitutes a potential hazard
and may recommend appropriate
painting and lighting for the structure.
The Commission then uses the FAA’s
recommendation to impose specific
painting and/or lighting requirements
on radio tower owners and subject
licensees. When an antenna structure
owner for one reason or another does
not register its structure, it then
becomes the responsibility of the tenant
VerDate Sep<11>2014
16:19 Sep 16, 2021
Jkt 253001
licensees to ensure that the structure is
registered with the Commission.
Section 303(q) of the Communications
Act of 1934, as amended, gives the
Commission authority to require
painting and/or illumination of radio
towers in cases where there is a
reasonable possibility that an antenna
structure may cause a hazard to air
navigation. In 1992, Congress amended
Sections 303(q) and 503(b)(5) of the
Communications Act to make radio
tower owners, as well as Commission
licensees and permittees responsible for
the painting and lighting of radio tower
structures, and to provide that nonlicensee radio tower owners may be
subject to forfeiture for violations of
painting or lighting requirements
specified by the Commission.
OMB Control Number: 3060–0979.
Title: License Audit Letter.
Form Number: N/A.
Type of Review: Extension of a
currently approved collection.
Respondents: Individuals or
households, business or other for-profit
entities, not-for-profit institutions and
state, local or tribal government.
Number of Respondents: 25,000
respondents; 25,000 responses.
Estimated Time per Response: .50
hours.
Frequency of Response: One-time
reporting requirement.
Obligation To Respond: Required to
obtain or retain benefits. Statutory
authority for this information collection
is contained in 47 U.S.C. 151, 152,
154(i), 155(c), 157, 201, 202, 208, 214,
301, 302a, 303, 307, 308, 309, 310, 311,
314, 316, 319, 324, 331, 332, 333, 336,
534 and 535.
Total Annual Burden: 12,500 hours.
Total Annual Cost: No cost.
Needs and Uses: The Commission is
seeking OMB approval for an extension
of this information collection in order to
obtain their full three-year approval.
There is no change to the reporting
requirement. There is no change to the
Commission’s burden estimates. The
Wireless Telecommunications (WTB)
and Public Safety and Homeland
Security Bureaus (PSHSB) of the FCC
periodically conduct audits of the
construction and/or operational status
of various Wireless radio stations in its
licensing database that are subject to
rule-based construction and operational
requirements. The Commission’s rules
for these Wireless services require
construction within a specified
timeframe and require a station to
remain operational in order for the
license to remain valid. The information
will be used by FCC personnel to assure
that licensees’ stations are constructed
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51887
and currently operating in accordance
with the parameters of the current FCC
authorization and rules.
Federal Communications Commission.
Marlene Dortch,
Secretary, Office of the Secretary.
[FR Doc. 2021–20084 Filed 9–16–21; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice of the FDIC’s Response to
Exception Requests Pursuant to
Recordkeeping for Timely Deposit
Insurance Determination
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice of the FDIC’s response to
exception requests pursuant to the
recordkeeping for timely deposit
insurance determination rule.
AGENCY:
In accordance with its rule
regarding recordkeeping for timely
deposit insurance determination, the
FDIC is providing notice that it has
granted time-limited exception relief to
two covered institutions from the
information technology system and
recordkeeping requirements applicable
to deposits reflected on loan systems,
including deposits resulting from credit
balances on an account for debt owed to
the covered institution and deposits
held in escrow by a covered institution.
The two covered institutions are in the
process of converting or upgrading their
loan systems.
DATES: The FDIC’s grant of exception
relief is effective as of September 14,
2021.
FOR FURTHER INFORMATION CONTACT:
Cassandra Knighton, Acting Section
Chief, Division of Complex Institution
Supervision and Resolution;
CKnighton@FDIC.gov; 972–761–2802.
SUPPLEMENTARY INFORMATION: The FDIC
granted a time-limited exception request
to two covered institutions pursuant to
the FDIC’s rule entitled ‘‘Recordkeeping
for Timely Deposit Insurance
Determination,’’ codified at 12 CFR part
370 (part 370).1 Part 370 generally
requires covered institutions to
implement the information technology
system and recordkeeping capabilities
needed to quickly calculate the amount
of deposit insurance coverage available
for each deposit account in the event of
failure. Pursuant to § 370.8(b)(1), one or
more covered institutions may submit a
request in the form of a letter to the
FDIC for an exception from one or more
SUMMARY:
1 12
E:\FR\FM\17SEN1.SGM
CFR part 370.
17SEN1
51888
Federal Register / Vol. 86, No. 178 / Friday, September 17, 2021 / Notices
of the requirements of part 370 if
circumstances exist that would make it
impracticable or overly burdensome to
meet those requirements. Pursuant to
§ 370.8(b)(2), the FDIC publishes a
notice of its response to each exception
request in the Federal Register.
Pursuant to § 370.8(b)(3), a covered
institution may rely upon another
covered institution’s exception request
which the FDIC has previously granted
by notifying the FDIC that it will invoke
relief from certain part 370 requirements
and demonstrating that the covered
institution has substantially similar
facts and circumstances to those of the
covered institution that has already
received the FDIC’s approval. The
notification letter must also include the
information required under § 370.8(b)(1)
and cite the applicable notice published
pursuant to § 370.8(b)(2). Unless
informed otherwise by the FDIC within
120 days after the FDIC’s receipt of a
complete notification for exception, the
exception will be deemed granted
subject to the same conditions set forth
in the FDIC’s published notice.
These grants of relief will be subject
to ongoing FDIC review, analysis, and
verification during the FDIC’s routine
part 370 compliance tests. The FDIC
presumes each covered institution is
meeting all the requirements set forth in
the Rule unless relief has otherwise
been granted. These grants of relief may
be rescinded or modified upon:
Discovery of misrepresentation; material
change of circumstances or conditions
related to the subject accounts; or failure
to satisfy conditions applicable to each.
The following exceptions were granted
by the FDIC as of September 14, 2021.
I. Certain Deposits Reflected on Loan
Systems for Which the Covered
Institutions Is Not Capable of
Completing Deposit Insurance
Calculation Process Because Additional
Time Is Required for System Upgrades
or Conversions
The FDIC granted time-limited
exception relief from part 370’s
information technology system
requirements set forth in § 370.3 and
recordkeeping requirements set forth in
§ 370.4 applicable to deposits reflected
on loan systems, including deposits
resulting from credit balances on an
account for debt owed to the covered
institution and deposits held in escrow
by the covered institution. Such relief
was granted to two covered institutions
for up to 18 months after their
compliance date. One covered
institution requested exception relief
from the recordkeeping requirements
because it has multiple lending systems
in need of recordkeeping upgrades and
VerDate Sep<11>2014
16:19 Sep 16, 2021
Jkt 253001
technical coding fixes without which it
cannot produce the requisite data
within the timeframe and in the format
required by § 370.4(d). The covered
institution requested exception relief in
order to complete its IT solution to
integrate data into its part 370
calculation system and perform relevant
testing. The other covered institution
requested exception relief from the
information technology system and
recordkeeping requirements because it
requires additional time to complete the
conversion of its commercial loan
servicing platform and make system
upgrades. The FDIC granted both
covered institutions a time-limited
exception for up to 18 months from
their respective compliance dates.
In connection with the FDIC’s grants
of relief, these covered institutions
represented that they will maintain the
capability to place holds on the deposit
accounts subject to the exception in the
event of failure until deposit insurance
can be calculated using data manually
extracted from the current loan systems.
As conditions of relief, these covered
institutions must submit a status report
to part370@fdic.gov at the midpoint of
the exception relief period and
immediately bring to the FDIC’s
attention any change of circumstances
or conditions.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on September
14, 2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021–20160 Filed 9–16–21; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL MARITIME COMMISSION
[Docket No. 21–08]
Eucatex of North America Inc.,
Complainant v. CMA CGM (America)
LLC and Fenix Marine Services Ltd.,
Respondents; Notice of Filing of
Complaint and Assignment
Served: September 14, 2021.
Notice is given that a complaint has
been filed with the Federal Maritime
Commission (Commission) by Eucatex
of North America Inc., hereinafter
‘‘Complainant’’, against CMA CGM
(America) LLC (CMA) and Fenix Marine
Services Ltd. (FMS), hereinafter
‘‘Respondents’’. Complainant state that
it is a Georgia corporation. Complainant
alleges that Respondent CMA is a New
Jersey company and a common carrier
under 46 U.S.C. 40102(7), and that
Respondent FMS is a Delaware
corporation and a marine terminal
operator under 46 U.S.C. 40102(15).
PO 00000
Frm 00029
Fmt 4703
Sfmt 4703
Complainant alleges that Respondents
violated 46 U.S.C. 41102(c), and 46 CFR
545.4 and 545.5, in relation to
demurrage charges imposed on several
shipments. The full text of the
complaint can be found in the
Commission’s Electronic Reading Room
at https://www2.fmc.gov/readingroom/
proceeding/21-08/.
This proceeding has been assigned to
Office of Administrative Law Judges.
The initial decision of the presiding
office in this proceeding shall be issued
by September 14, 2022, and the final
decision of the Commission shall be
issued by March 28, 2023.
Rachel E. Dickon,
Secretary.
[FR Doc. 2021–20179 Filed 9–16–21; 8:45 am]
BILLING CODE 6730–02–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
Control Act (Act) (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
applications are set forth in paragraph 7
of the Act (12 U.S.C. 1817(j)(7)).
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 the
standards enumerated in paragraph 7 of
the Act.
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 October 4, 2021.
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:
E:\FR\FM\17SEN1.SGM
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]]>Agencies
[Federal Register Volume 86, Number 178 (Friday, September 17, 2021)]
[Notices]
[Pages 51887-51888]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-20160]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Notice of the FDIC's Response to Exception Requests Pursuant to
Recordkeeping for Timely Deposit Insurance Determination
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice of the FDIC's response to exception requests pursuant to
the recordkeeping for timely deposit insurance determination rule.
-----------------------------------------------------------------------
SUMMARY: In accordance with its rule regarding recordkeeping for timely
deposit insurance determination, the FDIC is providing notice that it
has granted time-limited exception relief to two covered institutions
from the information technology system and recordkeeping requirements
applicable to deposits reflected on loan systems, including deposits
resulting from credit balances on an account for debt owed to the
covered institution and deposits held in escrow by a covered
institution. The two covered institutions are in the process of
converting or upgrading their loan systems.
DATES: The FDIC's grant of exception relief is effective as of
September 14, 2021.
FOR FURTHER INFORMATION CONTACT: Cassandra Knighton, Acting Section
Chief, Division of Complex Institution Supervision and Resolution;
[email protected]; 972-761-2802.
SUPPLEMENTARY INFORMATION: The FDIC granted a time-limited exception
request to two covered institutions pursuant to the FDIC's rule
entitled ``Recordkeeping for Timely Deposit Insurance Determination,''
codified at 12 CFR part 370 (part 370).\1\ Part 370 generally requires
covered institutions to implement the information technology system and
recordkeeping capabilities needed to quickly calculate the amount of
deposit insurance coverage available for each deposit account in the
event of failure. Pursuant to Sec. 370.8(b)(1), one or more covered
institutions may submit a request in the form of a letter to the FDIC
for an exception from one or more
[[Page 51888]]
of the requirements of part 370 if circumstances exist that would make
it impracticable or overly burdensome to meet those requirements.
Pursuant to Sec. 370.8(b)(2), the FDIC publishes a notice of its
response to each exception request in the Federal Register. Pursuant to
Sec. 370.8(b)(3), a covered institution may rely upon another covered
institution's exception request which the FDIC has previously granted
by notifying the FDIC that it will invoke relief from certain part 370
requirements and demonstrating that the covered institution has
substantially similar facts and circumstances to those of the covered
institution that has already received the FDIC's approval. The
notification letter must also include the information required under
Sec. 370.8(b)(1) and cite the applicable notice published pursuant to
Sec. 370.8(b)(2). Unless informed otherwise by the FDIC within 120
days after the FDIC's receipt of a complete notification for exception,
the exception will be deemed granted subject to the same conditions set
forth in the FDIC's published notice.
---------------------------------------------------------------------------
\1\ 12 CFR part 370.
---------------------------------------------------------------------------
These grants of relief will be subject to ongoing FDIC review,
analysis, and verification during the FDIC's routine part 370
compliance tests. The FDIC presumes each covered institution is meeting
all the requirements set forth in the Rule unless relief has otherwise
been granted. These grants of relief may be rescinded or modified upon:
Discovery of misrepresentation; material change of circumstances or
conditions related to the subject accounts; or failure to satisfy
conditions applicable to each. The following exceptions were granted by
the FDIC as of September 14, 2021.
I. Certain Deposits Reflected on Loan Systems for Which the Covered
Institutions Is Not Capable of Completing Deposit Insurance Calculation
Process Because Additional Time Is Required for System Upgrades or
Conversions
The FDIC granted time-limited exception relief from part 370's
information technology system requirements set forth in Sec. 370.3 and
recordkeeping requirements set forth in Sec. 370.4 applicable to
deposits reflected on loan systems, including deposits resulting from
credit balances on an account for debt owed to the covered institution
and deposits held in escrow by the covered institution. Such relief was
granted to two covered institutions for up to 18 months after their
compliance date. One covered institution requested exception relief
from the recordkeeping requirements because it has multiple lending
systems in need of recordkeeping upgrades and technical coding fixes
without which it cannot produce the requisite data within the timeframe
and in the format required by Sec. 370.4(d). The covered institution
requested exception relief in order to complete its IT solution to
integrate data into its part 370 calculation system and perform
relevant testing. The other covered institution requested exception
relief from the information technology system and recordkeeping
requirements because it requires additional time to complete the
conversion of its commercial loan servicing platform and make system
upgrades. The FDIC granted both covered institutions a time-limited
exception for up to 18 months from their respective compliance dates.
In connection with the FDIC's grants of relief, these covered
institutions represented that they will maintain the capability to
place holds on the deposit accounts subject to the exception in the
event of failure until deposit insurance can be calculated using data
manually extracted from the current loan systems. As conditions of
relief, these covered institutions must submit a status report to
[email protected] at the midpoint of the exception relief period and
immediately bring to the FDIC's attention any change of circumstances
or conditions.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on September 14, 2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021-20160 Filed 9-16-21; 8:45 am]
BILLING CODE 6714-01-P
