Agency Information Collection Activities; Submission for OMB Review; Comment Request, 4239-4240 [2022-01539]
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Federal Register / Vol. 87, No. 18 / Thursday, January 27, 2022 / Notices
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Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, With Revision, of the Following
Information Collection
Report title: Weekly Report of
Selected Assets and Liabilities of
Domestically Chartered Commercial
Banks and U.S. Branches and Agencies
of Foreign Banks.
Agency form number: FR 2644.
OMB control number: 7100–0075.
Effective date: April 6, 2022.
Frequency: Weekly.
Respondents: Domestically chartered
commercial banks and U.S. branches
and agencies of foreign banks.
Estimated number of respondents:
850.
Estimated average hours per response:
2.19.
Estimated annual burden hours:
96,798.
General description of report: The FR
2644 is a balance sheet report that is
collected as of each Wednesday from an
authorized stratified sample of 875
domestically chartered commercial
banks and U.S. branches and agencies of
foreign banks. The FR 2644 is the only
source of high-frequency data used in
the analysis of current banking
developments. The FR 2644 collects
sample data that are used to estimate
universe levels for the entire
commercial banking sector in
conjunction with data from the
quarterly commercial bank Consolidated
Reports of Condition and Income (FFIEC
031, FFIEC 041, and FFIEC 051; OMB
No. 7100–0036) and the Report of Assets
and Liabilities of U.S. Branches and
Agencies of Foreign Banks (FFIEC 002;
OMB No. 7100–0032) (Call Reports).
Data from the FR 2644 and the Call
Reports are utilized in construction of
weekly estimates of U.S. bank credit,
balance sheet data for the U.S.
commercial banking sector, and sources
and uses of banks’ funds, and to analyze
current banking developments,
including the monitoring of broad credit
and funding conditions. The Board
publishes the data in aggregate form in
the weekly H.8 statistical release, Assets
and Liabilities of Commercial Banks in
the United States, which is followed
closely by other government agencies,
the banking industry, financial press,
and other users.1 The H.8 release
provides a balance sheet for the
commercial banking industry as a whole
as well as data disaggregated by its large
domestic, small domestic and foreignrelated bank components.
1 The H.8 release is available on the Board’s
website, https://www.federalreserve.gov/releases/h8/
current/default.htm.
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Legal authorization and
confidentiality: The FR 2644 is
authorized by section 2A of the Federal
Reserve Act (FRA), which states that the
Board ‘‘shall maintain long run growth
of the monetary and credit aggregates
commensurate with the economy’s long
run potential to increase production, so
as to promote effectively the goals of
maximum employment, stable prices,
and moderate long-term interest rates’’
(12 U.S.C. 225a.) and by section 11(a)(2)
of the FRA, which authorizes the Board
to require a depository institution to
provide ‘‘reports of its liabilities and
assets as the Board may determine to be
necessary or desirable to enable the
Board to discharge its responsibility to
monitor and control monetary and
credit aggregates’’ (12 U.S.C. 248(a)(2)).
Section 7(c)(2) of the International
Banking Act of 1978 makes U.S.
branches and agencies of foreign banks
subject to the reporting requirements of
section 11(a)(2) of the FRA (12 U.S.C.
3105(c)(2)). The FR 2644 is voluntary,
although the Board would have the
authority to require depository
institutions to file these reports.
Although the Board releases aggregate
data derived from the FR 2644 in the
weekly H.8 Statistical Release,
individual bank information provided
by each respondent is treated as
confidential because that information
constitutes nonpublic commercial or
financial information, which is both
customarily and actually treated as
private by the respondent, and thus may
be kept confidential by the Board
pursuant to exemption 4 of the Freedom
of Information Act (5 U.S.C. 552(b)(4)).
Current actions: On October 5, 2021,
the Board published a notice in the
Federal Register (86 FR 54975)
requesting public comment for 60 days
on the extension, with revision, of the
Weekly Report of Selected Assets and
Liabilities of Domestically Chartered
Commercial Banks and U.S. Branches
and Agencies of Foreign Banks. The
Board proposed revisions that would
simplify and reduce the overall
reporting requirements associated with
the FR 2644 collection, including: (1)
Eliminating the data items on net
unrealized gains (losses) on availablefor-sale securities (Memoranda items 1
and 1.a); (2) Revising the reporting
instructions for foreign-related
institutions pertaining to consumer
loans and the allowance for loan and
lease losses to bring them in line with
these institutions’ Call Report; (3)
Changing the reporting instructions for
small domestically chartered
commercial banks for loans to, and
acceptances of, commercial banks in the
U.S. (item 4.b); and (4) Reducing the
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4239
authorized sample of domestically
chartered commercial banks and U.S.
agencies and branches of foreign banks
from the current 875 respondents to
850. In addition to the initial proposed
revisions, the Board will make a
clarifying change to item 4g of the form
to align with the instructions. The
comment period for this notice expired
on December 6, 2021. The Board did not
receive any comments. The revisions
will be implemented as proposed.
Board of Governors of the Federal Reserve
System, January 24, 2022.
Ann Misback,
Secretary of the Board.
[FR Doc. 2022–01659 Filed 1–26–22; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request
Federal Trade Commission.
Notice and request for comment.
AGENCY:
ACTION:
The Federal Trade
Commission (FTC) requests that the
Office of Management and Budget
(OMB) extend for three years the current
Paperwork Reduction Act (PRA)
clearance for information collection
requirements contained in the FTC’s
Red Flags, Card Issuers, and Address
Discrepancy Rules (Rules). That
clearance expires on January 31, 2022.
DATES: Comments must be received by
February 28, 2022.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should 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. The reginfo.gov web
link is a United States Government
website produced by OMB and the
General Services Administration (GSA).
Under PRA requirements, OMB’s Office
of Information and Regulatory Affairs
(OIRA) reviews Federal information
collections.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Whitney Moore, Attorney, Division of
Division of Privacy and Identity
Protection, Bureau of Consumer
Protection, Federal Trade Commission,
Mail Code CC–8232, 600 Pennsylvania
Ave. NW, Washington, DC 20580, (202)
326–2645.
SUPPLEMENTARY INFORMATION:
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4240
Federal Register / Vol. 87, No. 18 / Thursday, January 27, 2022 / Notices
lotter on DSK11XQN23PROD with NOTICES1
Title: Red Flags Rule, 16 CFR 681.1;
Card Issuers Rule, 16 CFR 681.2;
Address Discrepancy Rule, 16 CFR part
641.
OMB Control Number: 3084–0137.
Type of Review: Extension of
currently approved collection.
Abstract: The Red Flags Rule requires
financial institutions and certain
creditors to develop and implement
written Identity Theft Prevention
Programs. The Card Issuers Rule
requires credit and debit card issuers to
assess the validity of notifications of
address changes under certain
circumstances. The Address
Discrepancy Rule provides guidance on
what covered users of consumer reports
must do when they receive a notice of
address discrepancy from a nationwide
consumer reporting agency.
Collectively, these three anti-identity
theft provisions are intended to prevent
impostors from misusing another
person’s personal information for a
fraudulent purpose.
The Rules implement sections 114
and 315 of the Fair Credit Reporting Act
(‘‘FCRA’’), 15 U.S.C. 1681 et seq.
Estimated Annual Burden: (397,298
hours; $20,103,752 in labor costs).
A. Section 114: Red Flags and Card
Issuers Rules:
(1) Red Flags:
(a) Estimated Number of Respondents:
164,591
(i) High-Risk Entities: 99,830 1
(ii) Low-Risk Entities: 64,761 2
(b) Estimated Hours Burden:
(i) High-Risk Entities: 342,900 hours
(ii) Low-Risk Entities: 16,523 hours
(2) Card Issuers Rule:
(a) Estimated Number of Respondents:
18,894 3
(b) Estimated Hours Burden: 20,508
hours
(3) Combined Labor Cost Burden:
$19,756,412
B. Section 315—Address Discrepancy
Rule:
(1) Estimated Number of
Respondents: 44,000
(2) Estimated Hours Burden: 17,367
hours
1 High-risk entities include, for example, financial
institutions within the FTC’s jurisdiction and
utilities, motor vehicle dealerships,
telecommunications firms, colleges and
universities, and hospitals.
2 Low-risk entities include, for example, public
warehouse and storage firms, nursing and
residential care facilities, automotive equipment
rental and leasing firms, office supplies and
stationery stores, fuel dealers, and financial
transaction processing firms.
3 FTC staff estimates that the Rule affects as many
as 18,356 card issuers within the FTC’s jurisdiction.
This includes, for example, state credit unions,
general retail merchandise stores, colleges and
universities, and telecoms.
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(3) Estimated Labor Cost Burden:
$347,340
C. Capital/Non-Labor Costs for Sections
114 and 315
FTC staff believes that the Rules
impose negligible capital or other nonlabor costs, as the affected entities are
likely to have the necessary supplies
and/or equipment already (e.g., offices
and computers) for the information
collections described herein.
Request for Comment
Josephine Liu,
Assistant General Counsel for Legal Counsel.
[FR Doc. 2022–01539 Filed 1–26–22; 8:45 am]
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Food and Drug Administration
[Docket No. FDA–2018–N–3240]
List of Bulk Drug Substances for
Which There Is a Clinical Need Under
Section 503B of the Federal Food,
Drug, and Cosmetic Act
AGENCY:
Food and Drug Administration,
HHS.
ACTION:
On October 15, 2021, the FTC sought
public comment on the information
collection requirements associated with
the Rule. 86 FR 57425. The Commission
received no germane comments.
Pursuant to the OMB regulations, 5 CFR
part 1320, that implement the PRA, 44
U.S.C. 3501 et seq., the FTC is providing
this second opportunity for public
comment while seeking OMB approval
to renew the pre-existing clearance for
the Rules.
Your comment—including your name
and your state—will be placed on the
public record of this proceeding.
Because your comment will be made
public, you are solely responsible for
making sure that your comment does
not include any sensitive personal
information, such as anyone’s Social
Security number; date of birth; driver’s
license number or other state
identification number, or foreign
country equivalent; passport number;
financial account number; or credit or
debit card number. You are also solely
responsible for making sure that your
comment does not include any sensitive
health information, such as medical
records or other individually
identifiable health information. In
addition, your comment should not
include any ‘‘trade secret or any
commercial or financial information
which . . . is privileged or
confidential’’ —as provided by Section
6(f) of the FTC Act, 15 U.S.C. 46(f), and
FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2)—
including in particular competitively
sensitive information such as costs,
sales statistics, inventories, formulas,
patterns, devices, manufacturing
processes, or customer names.
BILLING CODE 6750–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Notice.
The Food and Drug
Administration (FDA, the Agency or we)
is evaluating substances that have been
nominated for inclusion on a list of bulk
drug substances (i.e., active
pharmaceutical ingredients) for which
there is a clinical need (the 503B Bulks
List). Drug products that outsourcing
facilities compound using bulk drug
substances on the 503B Bulks List can
qualify for certain exemptions from the
Federal Food, Drug, and Cosmetic Act
(FD&C Act) provided certain conditions
are met. This notice identifies four bulk
drug substances that FDA has
considered and is including on the list
at this time: Diphenylcyclopropenone
(DPCP) for topical use only, glycolic
acid for topical use only in
concentrations up to 70 percent, squaric
acid dibutyl ester (SADBE) for topical
use only, and trichloroacetic acid (TCA)
for topical use only. This notice also
identifies eight bulk drug substances
that FDA has considered and is not
including on the list at this time:
diazepam, dipyridamole, dobutamine
hydrochloride (HCl), dopamine HCl,
edetate calcium disodium, folic acid,
glycopyrrolate, and sodium thiosulfate
(except for topical administration).
Additional bulk drug substances
nominated by the public for inclusion
on this list are currently under
consideration and will be the subject of
future notices.
DATES: The announcement of the notice
is published in the Federal Register on
January 27, 2022.
ADDRESSES: For access to the docket to
read background documents or
comments received, go to https://
www.regulations.gov and insert the
docket number found in brackets in the
heading of this notice into the ‘‘Search’’
box and follow the prompts, and/or go
to the Dockets Management Staff, 5630
Fishers Lane, Rm. 1061, Rockville, MD
20852, 240–402–7500.
FOR FURTHER INFORMATION CONTACT:
Kemi Asante, Center for Drug
Evaluation and Research, Food and
Drug Administration, 10903 New
SUMMARY:
E:\FR\FM\27JAN1.SGM
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]]>Agencies
[Federal Register Volume 87, Number 18 (Thursday, January 27, 2022)]
[Notices]
[Pages 4239-4240]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01539]
=======================================================================
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Submission for OMB
Review; Comment Request
AGENCY: Federal Trade Commission.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The Federal Trade Commission (FTC) requests that the Office of
Management and Budget (OMB) extend for three years the current
Paperwork Reduction Act (PRA) clearance for information collection
requirements contained in the FTC's Red Flags, Card Issuers, and
Address Discrepancy Rules (Rules). That clearance expires on January
31, 2022.
DATES: Comments must be received by February 28, 2022.
ADDRESSES: Written comments and recommendations for the proposed
information collection should 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. The
reginfo.gov web link is a United States Government website produced by
OMB and the General Services Administration (GSA). Under PRA
requirements, OMB's Office of Information and Regulatory Affairs (OIRA)
reviews Federal information collections.
FOR FURTHER INFORMATION CONTACT: Whitney Moore, Attorney, Division of
Division of Privacy and Identity Protection, Bureau of Consumer
Protection, Federal Trade Commission, Mail Code CC-8232, 600
Pennsylvania Ave. NW, Washington, DC 20580, (202) 326-2645.
SUPPLEMENTARY INFORMATION:
[[Page 4240]]
Title: Red Flags Rule, 16 CFR 681.1; Card Issuers Rule, 16 CFR
681.2; Address Discrepancy Rule, 16 CFR part 641.
OMB Control Number: 3084-0137.
Type of Review: Extension of currently approved collection.
Abstract: The Red Flags Rule requires financial institutions and
certain creditors to develop and implement written Identity Theft
Prevention Programs. The Card Issuers Rule requires credit and debit
card issuers to assess the validity of notifications of address changes
under certain circumstances. The Address Discrepancy Rule provides
guidance on what covered users of consumer reports must do when they
receive a notice of address discrepancy from a nationwide consumer
reporting agency. Collectively, these three anti-identity theft
provisions are intended to prevent impostors from misusing another
person's personal information for a fraudulent purpose.
The Rules implement sections 114 and 315 of the Fair Credit
Reporting Act (``FCRA''), 15 U.S.C. 1681 et seq.
Estimated Annual Burden: (397,298 hours; $20,103,752 in labor
costs).
A. Section 114: Red Flags and Card Issuers Rules:
(1) Red Flags:
(a) Estimated Number of Respondents: 164,591
(i) High-Risk Entities: 99,830 \1\
---------------------------------------------------------------------------
\1\ High-risk entities include, for example, financial
institutions within the FTC's jurisdiction and utilities, motor
vehicle dealerships, telecommunications firms, colleges and
universities, and hospitals.
---------------------------------------------------------------------------
(ii) Low-Risk Entities: 64,761 \2\
---------------------------------------------------------------------------
\2\ Low-risk entities include, for example, public warehouse and
storage firms, nursing and residential care facilities, automotive
equipment rental and leasing firms, office supplies and stationery
stores, fuel dealers, and financial transaction processing firms.
---------------------------------------------------------------------------
(b) Estimated Hours Burden:
(i) High-Risk Entities: 342,900 hours
(ii) Low-Risk Entities: 16,523 hours
(2) Card Issuers Rule:
(a) Estimated Number of Respondents: 18,894 \3\
---------------------------------------------------------------------------
\3\ FTC staff estimates that the Rule affects as many as 18,356
card issuers within the FTC's jurisdiction. This includes, for
example, state credit unions, general retail merchandise stores,
colleges and universities, and telecoms.
---------------------------------------------------------------------------
(b) Estimated Hours Burden: 20,508 hours
(3) Combined Labor Cost Burden: $19,756,412
B. Section 315--Address Discrepancy Rule:
(1) Estimated Number of Respondents: 44,000
(2) Estimated Hours Burden: 17,367 hours
(3) Estimated Labor Cost Burden: $347,340
C. Capital/Non-Labor Costs for Sections 114 and 315
FTC staff believes that the Rules impose negligible capital or
other non-labor costs, as the affected entities are likely to have the
necessary supplies and/or equipment already (e.g., offices and
computers) for the information collections described herein.
Request for Comment
On October 15, 2021, the FTC sought public comment on the
information collection requirements associated with the Rule. 86 FR
57425. The Commission received no germane comments. Pursuant to the OMB
regulations, 5 CFR part 1320, that implement the PRA, 44 U.S.C. 3501 et
seq., the FTC is providing this second opportunity for public comment
while seeking OMB approval to renew the pre-existing clearance for the
Rules.
Your comment--including your name and your state--will be placed on
the public record of this proceeding. Because your comment will be made
public, you are solely responsible for making sure that your comment
does not include any sensitive personal information, such as anyone's
Social Security number; date of birth; driver's license number or other
state identification number, or foreign country equivalent; passport
number; financial account number; or credit or debit card number. You
are also solely responsible for making sure that your comment does not
include any sensitive health information, such as medical records or
other individually identifiable health information. In addition, your
comment should not include any ``trade secret or any commercial or
financial information which . . . is privileged or confidential'' --as
provided by Section 6(f) of the FTC Act, 15 U.S.C. 46(f), and FTC Rule
4.10(a)(2), 16 CFR 4.10(a)(2)--including in particular competitively
sensitive information such as costs, sales statistics, inventories,
formulas, patterns, devices, manufacturing processes, or customer
names.
Josephine Liu,
Assistant General Counsel for Legal Counsel.
[FR Doc. 2022-01539 Filed 1-26-22; 8:45 am]
BILLING CODE 6750-01-P
