Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 4238-4239 [2022-01659]

Download as PDF 4238 Federal Register / Vol. 87, No. 18 / Thursday, January 27, 2022 / Notices Public Participation: The meeting will be open to public participation and time will be allotted for questions or comments submitted online. Members of the public may also file written statements before or after the meeting to external@exim.gov. Interested parties may register for the meeting at https://teams.microsoft.com/ registration/ PAFTuZHHMk2Zb1GDkIVFJw, 5M1LfonJMEi2VFUgYRv6oQ, i145n2l9vkmDj5btNlkuGw, x0C4PsIxqEe3e1J4MkfX9A, PdrWkxBplEaPp-Y8sXyvBg,4YXl84_ USEajrqMjPef8Gw?mode=read& tenantId=b953013c-c791-4d32-996f518390854527. MATTERS TO BE CONSIDERED: Discussion of EXIM policies and programs designed to support the expansion of financing support for U.S. manufactured goods and services in Sub-Saharan Africa. CONTACT PERSON FOR MORE INFORMATION: For further information, contact India Walker, External Engagement Specialist at 202–480–0062. STATUS: Joyce B. Stone, Assistant Corporate Secretary. [FR Doc. 2022–01812 Filed 1–25–22; 4:15 pm] BILLING CODE 6690–01–P FEDERAL MARITIME COMMISSION [Docket No. 22–03] One Banana North America Corp., Complainant v. Hapag-Lloyd AG and Hapag-Lloyd (America) LLC, Respondents; Notice of Filing of Complaint and Assignment lotter on DSK11XQN23PROD with NOTICES1 Served: January 24, 2022. Notice is given that a complaint has been filed with the Federal Maritime Commission (Commission) by One Banana North America Corp, hereinafter ‘‘Complainant,’’ against Hapag-Lloyd AG and Hapag-Lloyd (America) LLC, hereinafter ‘‘Respondents.’’ Complainant is a Florida corporation that ships fresh bananas from Central and South America to the United States, where it sells them to various wholesalers and retailers. Complainant alleges that Respondent Hapag Lloyd AG is a German company, Respondent Hapag-Lloyd (America) LLC is a Delaware company, and that Respondents are common carriers. Complainant alleges that Respondents violated 46 U.S.C 41102(c), 46 CFR 545.4 and 545.5, and 46 U.S.C. 41104(a)(10) with regard to the movement of refrigerated containers. The full text of the complaint can be found in the Commission’s Electronic VerDate Sep<11>2014 17:53 Jan 26, 2022 Jkt 256001 Reading Room at https://www2.fmc.gov/ readingroom/proceeding/22-03/. 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 January 24, 2023, and the final decision of the Commission shall be issued by August 7, 2023. William Cody, Secretary. 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 February 11, 2022. A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291. Comments can also be sent electronically to MA@mpls.frb.org: 1. The Revised and Restated Connor Family Voting Trust and Richard M. Connor, Jr., Brian Luc Connor, and Susan J. Connor, as co-trustees, all of Laona, Wisconsin; to join the Connor family shareholder group acting in concert to acquire voting shares of Frm 00048 Board of Governors of the Federal Reserve System, January 24, 2022. Ann E. Misback, Secretary of the Board. [FR Doc. 2022–01646 Filed 1–26–22; 8:45 am] BILLING CODE P [FR Doc. 2022–01598 Filed 1–26–22; 8:45 am] PO 00000 Northern Wisconsin Bank Holding Company, Inc., and thereby indirectly acquire Laona State Bank, both of Laona, Wisconsin. Fmt 4703 Sfmt 4703 FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Board of Governors of the Federal Reserve System. SUMMARY: The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Weekly Report of Selected Assets and Liabilities of Domestically Chartered Commercial Banks and U.S. Branches and Agencies of Foreign Banks (FR 2644; OMB No. 7100–0075). FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452–3829. Office of Management and Budget (OMB) Desk Officer for the Federal Reserve Board, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503, or by fax to (202) 395–6974. SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. The OMB inventory, as well as copies of the PRA Submission, supporting statements, and approved collection of information instrument(s) are available at https:// www.reginfo.gov/public/do/PRAMain. These documents are also available on the Federal Reserve Board’s public website at https://www.federal reserve.gov/apps/reportforms/ review.aspx or may be requested from the agency clearance officer, whose name appears above. AGENCY: E:\FR\FM\27JAN1.SGM 27JAN1 Federal Register / Vol. 87, No. 18 / Thursday, January 27, 2022 / Notices lotter on DSK11XQN23PROD with NOTICES1 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. VerDate Sep<11>2014 17:53 Jan 26, 2022 Jkt 256001 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 PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 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: E:\FR\FM\27JAN1.SGM 27JAN1

Agencies

[Federal Register Volume 87, Number 18 (Thursday, January 27, 2022)]
[Notices]
[Pages 4238-4239]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01659]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, with revision, the 
Weekly Report of Selected Assets and Liabilities of Domestically 
Chartered Commercial Banks and U.S. Branches and Agencies of Foreign 
Banks (FR 2644; OMB No. 7100-0075).

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, Washington, DC 20551, (202) 
452-3829.
    Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collections of information conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. The OMB inventory, as well as copies of the 
PRA Submission, supporting statements, and approved collection of 
information instrument(s) are available at https://www.reginfo.gov/public/do/PRAMain. These documents are also available on the Federal 
Reserve Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance 
officer, whose name appears above.

[[Page 4239]]

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 
foreign-related bank components.
---------------------------------------------------------------------------

    \1\ The H.8 release is available on the Board's website, https://www.federalreserve.gov/releases/h8/current/default.htm.
---------------------------------------------------------------------------

    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 
available-for-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 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
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