Open Meeting of the Federal Advisory Committee on Insurance, 4712-4713 [2022-01690]

Download as PDF jspears on DSK121TN23PROD with NOTICES1 4712 Federal Register / Vol. 87, No. 19 / Friday, January 28, 2022 / Notices submit reports, keep records, or provide information to a third party. Section 3506(c)(2)(A) of title 44 requires Federal agencies to provide a 60-day notice in the Federal Register concerning each proposed collection of information, including each proposed renewal of an existing collection of information, before submitting the collection to OMB for approval. To comply with this requirement, the OCC is publishing this notice. Description: On December 16, 2009, the OCC, FDIC, FRB, and NCUA sought comment on proposed Guidance,1 which they subsequently issued in final form on August 17, 2010.2 The Guidance focuses on the need to provide adequate information to consumers about reverse mortgage products, to provide qualified independent counseling to consumers considering these products, and to avoid potential conflicts of interest. The Guidance also addresses related policies, procedures, internal controls, and third party risk management. • The information collection requirements contained in the Guidance address the implementation of policies and procedures, training, and program maintenance. Institutions offering reverse mortgages should have written policies and procedures that prohibit the practice of directing a consumer to a particular counseling agency or contacting a counselor on the consumer’s behalf. • Policies should be clear so that originators do not have an inappropriate incentive to sell other products that appear linked to the granting of a mortgage. • Legal and compliance reviews should include oversight of compensation programs so that lending personnel are not improperly encouraged to direct consumers to particular products. • Training should be designed so that relevant lending personnel are able to convey information to consumers about product terms and risks in a timely, accurate, and balanced manner. Title of Information Collection: Reverse Mortgage Products: Guidance for Managing Compliance and Reputation Risks. OMB Control No.: 1557–0246. Affected Public: National banks, Federal savings associations, subsidiaries of national banks and Federal savings associations, and Federal branches or agencies of foreign banks. Type of Review: Regular. 1 74 2 75 FR 66652. FR 50801. VerDate Sep<11>2014 18:03 Jan 27, 2022 Jkt 256001 Estimated Number of Respondents: 12. Frequency of Response: On occasion. Total Estimated Annual Burden: 136 hours. Comments submitted in response to this notice will be summarized, included in the request for OMB approval, and become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the OCC’s functions, including whether the information has practical utility; (b) The accuracy of the estimates of the burden of the information collection, 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 the information collection on respondents, including 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. Theodore J. Dowd, Deputy Chief Counsel, Office of the Comptroller of the Currency. [FR Doc. 2022–01700 Filed 1–27–22; 8:45 am] BILLING CODE 4810–33–P Electronic Statements DEPARTMENT OF THE TREASURY Open Meeting of the Federal Advisory Committee on Insurance Departmental Offices, Department of the Treasury. ACTION: Notice of open meeting. AGENCY: This notice announces that the U.S. Department of the Treasury’s Federal Advisory Committee on Insurance (FACI) will meet via videoconference on Thursday, February 17, 2022 from 12:00 p.m.–3:30 p.m. Eastern Time. The meeting is open to the public. The FACI provides nonbinding recommendation and advice to the Federal Insurance Office (FIO) in the U.S. Department of Treasury. DATES: The meeting will be held via videoconference on Thursday, February 17, 2022, from 12:00 p.m.–3:30 p.m. Eastern Time. Attendance: The meeting will be held via videoconference and is open to the public. The public can attend remotely via live webcast: www.yorkcast.com/ treasury/events/2022/02/17/faci. The webcast will also be available through SUMMARY: PO 00000 Frm 00161 Fmt 4703 the FACI’s website: https:// home.treasury.gov/policy-issues/ financial-markets-financial-institutionsand-fiscal-service/federal-insuranceoffice/federal-advisory-committee-oninsurance-faci. Please refer to the FACI website for up-to-date information on this meeting. Requests for reasonable accommodations under Section 504 of the Rehabilitation Act should be directed to Snider Page, Office of Civil Rights and Diversity, Department of the Treasury at (202) 622–0341, or snider.page@treasury.gov. FOR FURTHER INFORMATION CONTACT: Jigar Gandhi, Senior Insurance Regulatory Policy Analyst, Federal Insurance Office, U.S. Department of the Treasury, 1500 Pennsylvania Ave. NW, Room 1410 MT, Washington, DC 20220, at (202) 622–3220 (this is not a toll-free number). Persons who have difficulty hearing or speaking may access this number via TTY by calling the toll-free Federal Relay Service at (800) 877–8339. SUPPLEMENTARY INFORMATION: Notice of this meeting is provided in accordance with the Federal Advisory Committee Act (FACA), 5 U.S.C. app. 10(a)(2), through implementing regulations at 41 CFR 102–3.150. Public Comment: Members of the public wishing to comment on the business of the FACI are invited to submit written statements by either of the following methods: Sfmt 4703 • Send electronic comments to faci@ treasury.gov. Paper Statements • Send paper statements in triplicate to the Federal Advisory Committee on Insurance, U.S. Department of the Treasury, 1500 Pennsylvania Ave. NW, Room 1410 MT, Washington, DC 20220. In general, the Department of the Treasury will make submitted comments available upon request without change, including any business or personal information provided such as names, addresses, email addresses, or telephone numbers. Requests for public comments can be submitted via email to faci@treasury.gov. The Department of the Treasury will also make such statements available for public inspection and copying in the Department of the Treasury’s Library, 720 Madison Place NW, Room 1020, Washington, DC 20220, on official business days between the hours of 10:00 a.m. and 5:00 p.m. Eastern Time. You can make an appointment to inspect statements by telephoning (202) 622–2000. All statements received, including attachments and other E:\FR\FM\28JAN1.SGM 28JAN1 Federal Register / Vol. 87, No. 19 / Friday, January 28, 2022 / Notices supporting materials, are part of the public record and subject to public disclosure. You should submit only information that you wish to make available publicly. Tentative Agenda/Topics for Discussion: This will be the first FACI meeting of 2022. In this meeting, the FACI will continue to discuss topics related to climate-related financial risk and the insurance sector. The FACI will also receive status updates from each of its subcommittees and from FIO on its activities, and consider any new business. Dated: January 24, 2022. Steven Seitz, Director, Federal Insurance Office. [FR Doc. 2022–01690 Filed 1–27–22; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Proposed Collection; Comment Request; Determinations Regarding Certain Nonbank Financial Companies Departmental Offices, U.S. Department of the Treasury. ACTION: Notice. AGENCY: The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on the proposed information collections listed below, in accordance with the Paperwork Reduction Act of 1995. DATES: Written comments must be received on or before March 29, 2022. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, by the following method: • Federal E-rulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. Refer to Docket Number TREAS–DO– 2022–0002 and the specific Office of Management and Budget (OMB) control number 1505–0244. FOR FURTHER INFORMATION CONTACT: For questions related to these programs, please contact Dennis Lee by emailing dennis.lee@treasury.gov, or calling (202) 622–7785. Additionally, you can view the information collection requests at www.reginfo.gov. jspears on DSK121TN23PROD with NOTICES1 SUMMARY: SUPPLEMENTARY INFORMATION: Title: Determinations Regarding Certain Nonbank Financial Companies. OMB Control Number: 1505–0244. VerDate Sep<11>2014 18:03 Jan 27, 2022 Jkt 256001 Type of Review: Extension without change of a currently approved collection. Description: Section 113 of the DoddFrank Wall Street Reform and Consumer Protection Act (the ‘‘DFA’’) (Pub. L. 111–203) provides the Financial Stability Oversight Council (the ‘‘Council’’) the authority to require that a nonbank financial company be supervised by the Board of Governors of the Federal Reserve System and be subject to prudential standards in accordance with Title I of the DFA if the Council determines that material financial distress at the firm, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of the firm, could pose a threat to the financial stability of the United States. The information collected in § 1310.20 from state and federal regulatory agencies and from nonbank financial companies will be used generally by the Council to carry out its duties under Title I of the Dodd-Frank Act. The collections of information in §§ 1310.21, 1310.22 and 1310.23 provide an opportunity for a nonbank financial company to request a hearing or submit written materials to the Council concerning whether, in the company’s view, material financial distress at the company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of the company, could pose a threat to the financial stability of the United States. Form: None. Affected Public: Businesses or other for-profits. Estimated Number of Respondents: 1. Frequency of Response: On occasion. Estimated Total Number of Annual Responses: 1. Estimated Time per Response: 20 hours. Estimated Total Annual Burden Hours: 20. Request for Comments: Comments submitted in response to this notice will be summarized and included in the request for Office of Management and Budget approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use PO 00000 Frm 00162 Fmt 4703 Sfmt 4703 4713 of technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services required to provide information. (Authority: 44 U.S.C. 3501 et seq.) Dated: January 24, 2022. Molly Stasko, Treasury PRA Clearance Officer. [FR Doc. 2022–01698 Filed 1–27–22; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Proposed Collection; Comment Request; CARES Act Air Carrier Loan and Payroll Support Program Departmental Offices, Department of the Treasury. ACTION: Notice. AGENCY: The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests. DATES: Comments must be received on or before 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. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Molly Stasko by emailing PRA@treasury.gov, calling (202) 622– 8922, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Title: CARES Act Air Carrier Loan and Payroll Support Programs. OMB Control Number: 1505–0263. Type of Review: Extension of a currently approved collection. Description: On March 27, 2020, the President signed the ‘‘Coronavirus Aid, Relief, and Economic Security Act’’ or the ‘‘CARES Act’’ (Pub. L. 116–136), which provides emergency assistance and health care response for individuals, families and businesses affected by the COVID–19 pandemic, and provides emergency appropriations SUMMARY: E:\FR\FM\28JAN1.SGM 28JAN1

Agencies

[Federal Register Volume 87, Number 19 (Friday, January 28, 2022)]
[Notices]
[Pages 4712-4713]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01690]


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DEPARTMENT OF THE TREASURY


Open Meeting of the Federal Advisory Committee on Insurance

AGENCY: Departmental Offices, Department of the Treasury.

ACTION: Notice of open meeting.

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SUMMARY: This notice announces that the U.S. Department of the 
Treasury's Federal Advisory Committee on Insurance (FACI) will meet via 
videoconference on Thursday, February 17, 2022 from 12:00 p.m.-3:30 
p.m. Eastern Time. The meeting is open to the public. The FACI provides 
non-binding recommendation and advice to the Federal Insurance Office 
(FIO) in the U.S. Department of Treasury.

DATES: The meeting will be held via videoconference on Thursday, 
February 17, 2022, from 12:00 p.m.-3:30 p.m. Eastern Time.
    Attendance: The meeting will be held via videoconference and is 
open to the public. The public can attend remotely via live webcast: 
www.yorkcast.com/treasury/events/2022/02/17/faci. The webcast will also 
be available through the FACI's website: https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/federal-insurance-office/federal-advisory-committee-on-insurance-faci. Please refer to the FACI website for up-to-date 
information on this meeting. Requests for reasonable accommodations 
under Section 504 of the Rehabilitation Act should be directed to 
Snider Page, Office of Civil Rights and Diversity, Department of the 
Treasury at (202) 622-0341, or [email protected].

FOR FURTHER INFORMATION CONTACT: Jigar Gandhi, Senior Insurance 
Regulatory Policy Analyst, Federal Insurance Office, U.S. Department of 
the Treasury, 1500 Pennsylvania Ave. NW, Room 1410 MT, Washington, DC 
20220, at (202) 622-3220 (this is not a toll-free number). Persons who 
have difficulty hearing or speaking may access this number via TTY by 
calling the toll-free Federal Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION: Notice of this meeting is provided in 
accordance with the Federal Advisory Committee Act (FACA), 5 U.S.C. 
app. 10(a)(2), through implementing regulations at 41 CFR 102-3.150.
    Public Comment: Members of the public wishing to comment on the 
business of the FACI are invited to submit written statements by either 
of the following methods:

Electronic Statements

     Send electronic comments to [email protected].

Paper Statements

     Send paper statements in triplicate to the Federal 
Advisory Committee on Insurance, U.S. Department of the Treasury, 1500 
Pennsylvania Ave. NW, Room 1410 MT, Washington, DC 20220.

In general, the Department of the Treasury will make submitted comments 
available upon request without change, including any business or 
personal information provided such as names, addresses, email 
addresses, or telephone numbers. Requests for public comments can be 
submitted via email to [email protected]. The Department of the 
Treasury will also make such statements available for public inspection 
and copying in the Department of the Treasury's Library, 720 Madison 
Place NW, Room 1020, Washington, DC 20220, on official business days 
between the hours of 10:00 a.m. and 5:00 p.m. Eastern Time. You can 
make an appointment to inspect statements by telephoning (202) 622-
2000. All statements received, including attachments and other

[[Page 4713]]

supporting materials, are part of the public record and subject to 
public disclosure. You should submit only information that you wish to 
make available publicly.
    Tentative Agenda/Topics for Discussion: This will be the first FACI 
meeting of 2022. In this meeting, the FACI will continue to discuss 
topics related to climate-related financial risk and the insurance 
sector. The FACI will also receive status updates from each of its 
subcommittees and from FIO on its activities, and consider any new 
business.

    Dated: January 24, 2022.
Steven Seitz,
Director, Federal Insurance Office.
[FR Doc. 2022-01690 Filed 1-27-22; 8:45 am]
BILLING CODE 4810-AK-P
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