Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Supervisory Guidance on Stress Testing for Banking Organizations With Total Consolidated Assets of More Than $10 Billion, 60103-60104 [2021-23517]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 86, No. 207 / Friday, October 29, 2021 / Notices LLC (CIG). The special permit request is seeking relief from compliance with certain requirements in the Federal pipeline safety regulations. At the conclusion of the 30-day comment period, PHMSA will review the comments received from this notice as part of its evaluation to grant or deny the special permit request. DATES: Submit any comments regarding this special permit request by November 29, 2021 ADDRESSES: Comments should reference the docket number for this special permit request and may be submitted in the following ways: • E-Gov Website: https:// www.Regulations.gov. This site allows the public to enter comments on any Federal Register notice issued by any agency. •Fax: 1–202–493–2251. • Mail: Docket Management System: U.S. Department of Transportation, Docket Operations, M–30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE, Washington, DC 20590. • Hand Delivery: Docket Management System: U.S. Department of Transportation, Docket Operations, M– 30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE, Washington, DC 20590, between 9:00 a.m. and 5:00 p.m., Monday through Friday, except Federal holidays. Instructions: You should identify the docket number for the special permit request you are commenting on at the beginning of your comments. If you submit your comments by mail, please submit two (2) copies. To receive confirmation that PHMSA has received your comments, please include a selfaddressed stamped postcard. Internet users may submit comments at https:// www.Regulations.gov. Note: There is a privacy statement published on https:// www.Regulations.gov. Comments, including any personal information provided, are posted without changes or edits to https://www.Regulations.gov. Confidential Business Information: Confidential Business Information (CBI) is commercial or financial information that is both customarily and actually treated as private by its owner. Under the Freedom of Information Act (FOIA) (5 U.S.C. 552), CBI is exempt from public disclosure. If your comments responsive to this notice contain commercial or financial information that is customarily treated as private, that you actually treat as private, and that is relevant or responsive to this notice, it is important that you clearly designate the submitted comments as VerDate Sep<11>2014 18:17 Oct 28, 2021 Jkt 256001 CBI. Pursuant to 49 Code of Federal Regulations (CFR) § 190.343, you may ask PHMSA to give confidential treatment to information you give to the agency by taking the following steps: (1) Mark each page of the original document submission containing CBI as ‘‘Confidential’’; (2) send PHMSA, along with the original document, a second copy of the original document with the CBI deleted; and (3) explain why the information you are submitting is CBI. Unless you are notified otherwise, PHMSA will treat such marked submissions as confidential under the FOIA, and they will not be placed in the public docket of this notice. Submissions containing CBI should be sent to Kay McIver, DOT, PHMSA– PHP–80, 1200 New Jersey Avenue SE, Washington, DC 20590–0001. Any commentary PHMSA receives that is not specifically designated as CBI will be placed in the public docket for this matter. FOR FURTHER INFORMATION CONTACT: General: Ms. Kay McIver by telephone at 202–366–0113, or by email at kay.mciver@dot.gov. Technical: Mr. Steve Nanney by telephone at 713–272–2855, or by email at steve.nanney@dot.gov. SUPPLEMENTARY INFORMATION: PHMSA received a special permit request from CIG, a subsidiary of Kinder Morgan, Inc., seeking a waiver from the requirements of 49 CFR 192.611(a) and (d): Change in class location: Confirmation or revision of maximum allowable operating pressure, and 49 CFR 192.619(a): Maximum allowable operating pressure: Steel or plastic pipelines. This special permit is being requested in lieu of pipe replacement, pressure reduction, or new pressure tests for two (2) special permit segments totaling 963.12 feet (approximately 0.182 miles) of pipeline. The CIG pipeline special permit segments consist of the following: • Weld County, Colorado—142.00 feet of 22-inch diameter Line 5A Pipeline, Class 1 to 3 location change, operates at a maximum allowable operating pressure (MAOP) of 850 pounds per square inch gauge (psig) and was constructed in 1956. • Weld County, Colorado—821.12 feet of 24-inch diameter Line 250A Pipeline, Class 1 to 3 location change, operates at a MAOP of 1,200 psig and was constructed in 2008. The special permit request, proposed special permit with conditions, and Draft Environmental Assessment (DEA) for the above listed CIG pipeline segments are available for review and public comments in Docket No. PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 60103 PHMSA–2017–0163. PHMSA invites interested persons to review and submit comments on the special permit request and DEA in the docket. Please include any comments on potential safety and environmental impacts that may result if the special permit is granted. Comments may include relevant data. Before issuing a decision on the special permit request, PHMSA will evaluate all comments received on or before the comments closing date. Comments received after the closing date will be evaluated, if it is possible to do so without incurring additional expense or delay. PHMSA will consider each relevant comment it receives in making its decision to grant or deny this special permit request. Issued in Washington, DC on August 13, 2021, under authority delegated in 49 CFR 1.97. Alan K. Mayberry, Associate Administrator for Pipeline Safety. [FR Doc. 2021–23543 Filed 10–28–21; 8:45 am] BILLING CODE 4910–60–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Supervisory Guidance on Stress Testing for Banking Organizations With Total Consolidated Assets of More Than $10 Billion Office of the Comptroller of the Currency, Treasury (OCC). ACTION: Notice and request for comment. AGENCY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning renewal of its information collection titled, ‘‘Supervisory Guidance on Stress Testing for Banking Organizations with Total Consolidated Assets of More Than $10 Billion.’’ The OCC also is giving notice that it has sent the collection to OMB for review. SUMMARY: E:\FR\FM\29OCN1.SGM 29OCN1 60104 Federal Register / Vol. 86, No. 207 / Friday, October 29, 2021 / Notices Comments must be submitted on or before November 29, 2021. ADDRESSES: Commenters are encouraged to submit comments by email, if possible. You may submit comments by any of the following methods: • Email: prainfo@occ.treas.gov. • Mail: Chief Counsel’s Office, Attention: Comment Processing, 1557– 0312, Office of the Comptroller of the Currency, 400 7th Street SW, Suite 3E– 218, Washington, DC 20219. • Hand Delivery/Courier: 400 7th Street SW, Suite 3E–218, Washington, DC 20219. • Fax: (571) 465–4326. Instructions: You must include ‘‘OCC’’ as the agency name and ‘‘1557– 0312’’ in your comment. In general, the OCC will publish comments on www.reginfo.gov without change, including any business or personal information provided, such as name and address information, email addresses, or phone numbers. Comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not include any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. Written comments and recommendations for the proposed information collection should also 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. You may review comments and other related materials that pertain to this information collection following the close of the 30-day comment period for this notice by the method set forth in the next bullet. On July 13, 2021, the OCC published a 60-day notice for this information collection, 86 FR 36866. • Viewing Comments Electronically: Go to www.reginfo.gov. Hover over the ‘‘Information Collection Review’’ tab and click on ‘‘Information Collection Review’’ dropdown. Underneath the ‘‘Currently under Review’’ section heading, from the drop-down menu select ‘‘Department of Treasury’’ and then click ‘‘submit.’’ This information collection can be located by searching by OMB control number ‘‘1557–0312’’ or ‘‘Supervisory Guidance on Stress Testing for Banking Organizations with khammond on DSKJM1Z7X2PROD with NOTICES DATES: VerDate Sep<11>2014 18:17 Oct 28, 2021 Jkt 256001 Total Consolidated Assets of More Than $10 Billion.’’ Upon finding the appropriate information collection, click on the related ‘‘ICR Reference Number.’’ On the next screen, select ‘‘View Supporting Statement and Other Documents’’ and then click on the link to any comment listed at the bottom of the screen. • For assistance in navigating www.reginfo.gov, please contact the Regulatory Information Service Center at (202) 482–7340. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, (202) 649–5490, Chief Counsel’s Office, Office of the Comptroller of the Currency, 400 7th Street SW, Suite 3E–218, Washington, DC 20219. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501–3520), Federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor. ‘‘Collection of information’’ is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. The OCC asks OMB to extend its approval of the information collection in this notice. Title: Supervisory Guidance on Stress Testing for Banking Organizations with Total Consolidated Assets of More Than $10 Billion. OMB Control No.: 1557–0312. Description: On May 17, 2012, the OCC, along with the Federal Deposit Insurance Corporation (FDIC) and the Board of Governors of the Federal Reserve (FRB), published guidance in the Federal Register on the use of stress testing as a means to better understand the range of a banking organization’s 1 potential risk exposures.2 The OCC is now seeking to renew the information collection associated with that guidance. The guidance provides an overview of how a banking organization should structure its stress testing activities to ensure that those activities fit into the banking organization’s overall risk 1 For purposes of this guidance, the term ‘‘banking organization’’ means national banks, federal savings associations, and federal branches and agencies supervised by the OCC; state member banks, bank holding companies, savings and loan holding companies, and all other institutions for which the Federal Reserve is the primary federal supervisor; and state nonmember banks, and all other institutions for which the FDIC is the primary federal supervisor. 2 77 FR 29458 (May 17, 2012). PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 management. The purpose of the guidance is to outline broad principles for a satisfactory stress testing framework and describe how stress testing should be used. While the guidance is not intended to provide detailed instructions for conducting stress testing for any particular risk or business area, it does describe several types of stress testing activities and how they may be most appropriately used by banking organizations. The guidance also does not explicitly address the stress testing requirements imposed upon certain banking organizations by section 165(i) of the Dodd-Frank Wall Street Reform and Consumer Protection Act.3 Type of Review: Regular. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 62. Estimated annual burden: 16,120 hours. On July 13, 2021, the OCC published a notice for 60 days of comment concerning this collection, 86 FR 36866. No comments were received. Comments continue to be solicited on: (a) Whether the collections of information are necessary for the proper performance of the OCC’s functions, including whether the information has practical utility; (b) The accuracy of the OCC’s estimates of the burden of the information collections, 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 collections on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Patrick T. Tierney, Assistant Director, Bank Advisory, Office of the Comptroller of the Currency. [FR Doc. 2021–23517 Filed 10–28–21; 8:45 am] BILLING CODE 4810–33–P 3 Public Law 111–203, 124 Stat. 1376 (2010), as revised by the Economic Growth, Regulatory Relief, and Consumer Protection Act, Public Law 115–174, 132 Stat. 1296–1368 (2018), and codified at 12 U.S.C. 5365(i)(2). E:\FR\FM\29OCN1.SGM 29OCN1

Agencies

[Federal Register Volume 86, Number 207 (Friday, October 29, 2021)]
[Notices]
[Pages 60103-60104]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-23517]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; Supervisory Guidance on Stress 
Testing for Banking Organizations With Total Consolidated Assets of 
More Than $10 Billion

AGENCY: Office of the Comptroller of the Currency, Treasury (OCC).

ACTION: Notice and request for comment.

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

SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on a continuing 
information collection as required by the Paperwork Reduction Act of 
1995 (PRA). In accordance with the requirements of the PRA, the OCC may 
not conduct or sponsor, and the respondent is not required to respond 
to, an information collection unless it displays a currently valid 
Office of Management and Budget (OMB) control number. The OCC is 
soliciting comment concerning renewal of its information collection 
titled, ``Supervisory Guidance on Stress Testing for Banking 
Organizations with Total Consolidated Assets of More Than $10 
Billion.'' The OCC also is giving notice that it has sent the 
collection to OMB for review.

[[Page 60104]]


DATES: Comments must be submitted on or before November 29, 2021.

ADDRESSES: Commenters are encouraged to submit comments by email, if 
possible. You may submit comments by any of the following methods:
     Email: [email protected].
     Mail: Chief Counsel's Office, Attention: Comment 
Processing, 1557-0312, Office of the Comptroller of the Currency, 400 
7th Street SW, Suite 3E-218, Washington, DC 20219.
     Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218, 
Washington, DC 20219.
     Fax: (571) 465-4326.
    Instructions: You must include ``OCC'' as the agency name and 
``1557-0312'' in your comment. In general, the OCC will publish 
comments on www.reginfo.gov without change, including any business or 
personal information provided, such as name and address information, 
email addresses, or phone numbers. Comments received, including 
attachments and other supporting materials, are part of the public 
record and subject to public disclosure. Do not include any information 
in your comment or supporting materials that you consider confidential 
or inappropriate for public disclosure.
    Written comments and recommendations for the proposed information 
collection should also 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.
    You may review comments and other related materials that pertain to 
this information collection following the close of the 30-day comment 
period for this notice by the method set forth in the next bullet. On 
July 13, 2021, the OCC published a 60-day notice for this information 
collection, 86 FR 36866.
     Viewing Comments Electronically: Go to www.reginfo.gov. 
Hover over the ``Information Collection Review'' tab and click on 
``Information Collection Review'' dropdown. Underneath the ``Currently 
under Review'' section heading, from the drop-down menu select 
``Department of Treasury'' and then click ``submit.'' This information 
collection can be located by searching by OMB control number ``1557-
0312'' or ``Supervisory Guidance on Stress Testing for Banking 
Organizations with Total Consolidated Assets of More Than $10 
Billion.'' Upon finding the appropriate information collection, click 
on the related ``ICR Reference Number.'' On the next screen, select 
``View Supporting Statement and Other Documents'' and then click on the 
link to any comment listed at the bottom of the screen.
     For assistance in navigating www.reginfo.gov, please 
contact the Regulatory Information Service Center at (202) 482-7340.

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, (202) 649-5490, 
Chief Counsel's Office, Office of the Comptroller of the Currency, 400 
7th Street SW, Suite 3E-218, Washington, DC 20219.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal 
agencies must obtain approval from the OMB for each collection of 
information that they conduct or sponsor. ``Collection of information'' 
is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency 
requests or requirements that members of the public submit reports, 
keep records, or provide information to a third party. The OCC asks OMB 
to extend its approval of the information collection in this notice.
    Title: Supervisory Guidance on Stress Testing for Banking 
Organizations with Total Consolidated Assets of More Than $10 Billion.
    OMB Control No.: 1557-0312.
    Description: On May 17, 2012, the OCC, along with the Federal 
Deposit Insurance Corporation (FDIC) and the Board of Governors of the 
Federal Reserve (FRB), published guidance in the Federal Register on 
the use of stress testing as a means to better understand the range of 
a banking organization's \1\ potential risk exposures.\2\ The OCC is 
now seeking to renew the information collection associated with that 
guidance.
---------------------------------------------------------------------------

    \1\ For purposes of this guidance, the term ``banking 
organization'' means national banks, federal savings associations, 
and federal branches and agencies supervised by the OCC; state 
member banks, bank holding companies, savings and loan holding 
companies, and all other institutions for which the Federal Reserve 
is the primary federal supervisor; and state nonmember banks, and 
all other institutions for which the FDIC is the primary federal 
supervisor.
    \2\ 77 FR 29458 (May 17, 2012).
---------------------------------------------------------------------------

    The guidance provides an overview of how a banking organization 
should structure its stress testing activities to ensure that those 
activities fit into the banking organization's overall risk management. 
The purpose of the guidance is to outline broad principles for a 
satisfactory stress testing framework and describe how stress testing 
should be used. While the guidance is not intended to provide detailed 
instructions for conducting stress testing for any particular risk or 
business area, it does describe several types of stress testing 
activities and how they may be most appropriately used by banking 
organizations. The guidance also does not explicitly address the stress 
testing requirements imposed upon certain banking organizations by 
section 165(i) of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act.\3\
---------------------------------------------------------------------------

    \3\ Public Law 111-203, 124 Stat. 1376 (2010), as revised by the 
Economic Growth, Regulatory Relief, and Consumer Protection Act, 
Public Law 115-174, 132 Stat. 1296-1368 (2018), and codified at 12 
U.S.C. 5365(i)(2).
---------------------------------------------------------------------------

    Type of Review: Regular.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 62.
    Estimated annual burden: 16,120 hours.
    On July 13, 2021, the OCC published a notice for 60 days of comment 
concerning this collection, 86 FR 36866. No comments were received. 
Comments continue to be solicited on:
    (a) Whether the collections of information are necessary for the 
proper performance of the OCC's functions, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's estimates of the burden of the 
information collections, 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 collections on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    (e) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

Patrick T. Tierney,
Assistant Director, Bank Advisory, Office of the Comptroller of the 
Currency.
[FR Doc. 2021-23517 Filed 10-28-21; 8:45 am]
BILLING CODE 4810-33-P
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