Notice of Availability; Data Collection Effort for E.O. 13985-Increasing Equity in Procurement Spending Barrier Assessment, 3173 [C1-2022-00473]
Download as PDF
<![CDATA[
Federal Register / Vol. 87, No. 13 / Thursday, January 20, 2022 / Notices
organizations’ foreign claims. The
agencies propose to enhance its
effectiveness by adding key information
on an immediate-counterparty basis.
The current format of the FFIEC 009a
concentrates primarily on guarantor
basis (currently labelled Ultimate Risk
Basis) claims. Guarantor basis
information can be somewhat opaque to
the public and generally reflects an
implicit assumption of full
substitutability between claims
exposure and offsets such as credit
derivatives or collateral.
The agencies propose to add six
columns of information that report
immediate-counterparty claims:
—One new column for Amount of
Cross-Border Claims Outstanding
(Excluding Derivative Products)
—One new column for Amount of
Foreign Office Claims on Local
Residents (Excluding Derivative
Products)
—Four new columns for Distribution of
Amount of Cross-Border Claims
across counterparty sector, that is,
Banks, Public, Non-Bank Financial
Institutions (NBFIs) and Other.
These new columns would parallel
the existing Part A, columns (1), (2) and
(6)–(9) except they would be reported
on an immediate-counterparty basis
rather than a guarantor basis. The
agencies would retain the existing
Guarantor Basis columns.
lotter on DSK11XQN23PROD with NOTICES1
E. Change in Burden
Collectively, the agencies expect the
proposed changes would result in an
increase in burden per submission of
VerDate Sep<11>2014
18:14 Jan 19, 2022
Jkt 256001
the FFIEC 009 of 4 hours, from 131
hours to 135 hours. This change in
burden is primarily due to the proposed
changes to add two new collateral
columns. Since the proposed revisions
to the FFIEC 009a reflect disclosures of
data already collected, but not currently
disclosed, on the FFIEC 009, the
agencies expect that the burden per
submission of the FFIEC 009a would
increase by 0.5 hours, from 6 hours to
6.5 hours.
III. Request for Comment
Public comment is requested on all
aspects of this notice. Comment is also
specifically invited on:
(a) Whether the information
collections are necessary for the proper
performance of the agencies’ functions,
including whether the information has
practical utility;
(b) The accuracy of the agencies’
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.
Comments submitted in response to
this joint notice will be shared among
PO 00000
Frm 00107
Fmt 4703
Sfmt 9990
3173
the agencies. All comments will become
a matter of public record.
Patrick T. Tierney,
Assistant Director, Bank Advisory, Office of
the Comptroller of the Currency.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
Board of Governors of the Federal Reserve
System.
Dated at Washington, DC, on January 13,
2022.
James P. Sheesley,
Assistant Executive Secretary, Federal
Deposit Insurance Corporation.
[FR Doc. 2022–01013 Filed 1–19–22; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P, 6714–01–P
DEPARTMENT OF THE TREASURY
Notice of Availability; Data Collection
Effort for E.O. 13985—Increasing
Equity in Procurement Spending
Barrier Assessment
Correction
In notice document 2022–00473,
appearing on pages 2240–2241, in the
issue of Thursday, January 13, 2022,
make the following correction:
On page 2240, in the third column, in
the ADDRESSES section, the second
through fourth lines should read:
https://survey.alchemer.com/s3/
6659553/OSBDU-Data-CollectionEffort-for-EO-13985.
[FR Doc. C1–2022–00473 Filed 1–19–22; 8:45 am]
BILLING CODE 0099–10–D
E:\FR\FM\20JAN1.SGM
20JAN1
]]>Agencies
[Federal Register Volume 87, Number 13 (Thursday, January 20, 2022)]
[Notices]
[Page 3173]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: C1-2022-00473]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Notice of Availability; Data Collection Effort for E.O. 13985--
Increasing Equity in Procurement Spending Barrier Assessment
Correction
In notice document 2022-00473, appearing on pages 2240-2241, in the
issue of Thursday, January 13, 2022, make the following correction:
On page 2240, in the third column, in the ADDRESSES section, the
second through fourth lines should read:
https://survey.alchemer.com/s3/6659553/OSBDU-Data-Collection-Effort-for-EO-13985.
[FR Doc. C1-2022-00473 Filed 1-19-22; 8:45 am]
BILLING CODE 0099-10-D
