Framework for the Supervision of Insurance Organizations; Extension of Comment Period, 17089 [2022-06286]
Download as PDF
Federal Register / Vol. 87, No. 58 / Friday, March 25, 2022 / Notices
protected by restricted access
procedures, including user
identifications and passwords. Only
FHFA staff (and FHFA contractors
assisting such staff) whose official
duties require access are allowed to
view, administer, and control these
records.
Dated: March 22, 2022.
William Cody,
Secretary.
RECORD ACCESS PROCEDURES:
[Docket No. OP–1765]
[FR Doc. 2022–06308 Filed 3–24–22; 8:45 am]
BILLING CODE 6730–02–P
FEDERAL RESERVE SYSTEM
See ‘‘Notification Procedures’’ below.
CONTESTING RECORD PROCEDURES:
See ‘‘Notification Procedures’’ below.
NOTIFICATION PROCEDURES:
Individuals seeking notification of
any records about themselves contained
in this system should address their
inquiry to the Privacy Act Officer, via
email to privacy@fhfa.gov or by mail to
the Federal Housing Finance Agency,
400 Seventh Street SW, Washington, DC
20219, or in accordance with the
procedures set forth in 12 CFR part
1204. Please note that all mail sent to
FHFA via the U.S. Postal Service is
routed through a national irradiation
facility, a process that may delay
delivery by approximately two weeks.
For any time-sensitive correspondence,
please plan accordingly.
EXEMPTIONS PROMULGATED FOR THE SYSTEM:
None.
HISTORY:
The system of records was last
published in full in the Federal Register
at 83 FR 43677 (August 27, 2018).
Clinton Jones,
General Counsel, Federal Housing Finance
Agency.
[FR Doc. 2022–06310 Filed 3–24–22; 8:45 am]
BILLING CODE 8070–01–P
FEDERAL MARITIME COMMISSION
lotter on DSK11XQN23PROD with NOTICES1
Notice of Intent To Terminate
The Commission gives notice that it
intends to terminate the following
agreement pursuant to 46 CFR
501.17(h)(2) thirty days from
publication of this notice.
Agreement No.: 012022.
Agreement Name: Discovery Cruise
Line/Bernuth Lines Space Charter and
Sailing Agreement.
Reason for termination: Parties no
longer registered Vessel Operating
Common Carriers.
Location: https://www2.fmc.gov/FMC.
Agreements.Web/Public/
AgreementHistory/1866.
VerDate Sep<11>2014
16:50 Mar 24, 2022
Jkt 256001
Framework for the Supervision of
Insurance Organizations; Extension of
Comment Period
Board of Governors of the
Federal Reserve System.
ACTION: Notification of extension of
comment period.
AGENCY:
On February 4, 2022, the
Board of Governors of the Federal
Reserve System (Board), published in
the Federal Register a proposed
supervisory framework for depository
institution holding companies that are
significantly engaged in insurance
activities, or supervised insurance
organizations. The Board has
determined that an extension of the
comment period until May 5, 2022, is
appropriate, and is therefore making
that extension.
DATES: Comments must be received by
May 5, 2022.
ADDRESSES: You may submit comments
by any of the methods identified in the
proposal.
FOR FURTHER INFORMATION CONTACT:
Thomas Sullivan, Senior Associate
Director, (202) 475–7656; Matt Walker,
Manager, (202) 872–4971; Brad Roberts,
Lead Insurance Policy Analyst, (202)
452–2204; or Joan Sullivan, Senior
Insurance Policy Analyst, (202) 912–
4670, Division of Supervision and
Regulation; or Charles Gray, Deputy
General Counsel, (202) 872–7589;
Andrew Hartlage, Senior Counsel, (202)
452–6483; or Christopher Danello,
Senior Attorney, (202) 736–1960, Legal
Division, Board of Governors of the
Federal Reserve System, 20th and C
Streets NW, Washington, DC 20551. For
users of TTY–TRS, please call 711 from
any telephone, anywhere in the United
States.
SUPPLEMENTARY INFORMATION: On
February 4, 2022, the Board published
in the Federal Register a proposed
supervisory framework for depository
institution holding companies that are
significantly engaged in insurance
activities, or supervised insurance
organizations.1 The proposed
framework would provide a supervisory
approach that is designed specifically to
SUMMARY:
1
PO 00000
87 FR 6537 (February 4, 2022).
Frm 00027
Fmt 4703
Sfmt 4703
17089
reflect the differences between banking
and insurance. Within the framework,
the application of supervisory guidance
and the assignment of supervisory
resources would be based explicitly on
a supervised insurance organization’s
complexity and individual risk profile.
The proposed framework would
formalize the ratings applicable to these
firms with rating definitions that reflect
specific supervisory requirements and
expectations. It would also emphasize
the Board’s policy to rely to the fullest
extent possible on work done by other
relevant supervisors, describing, in
particular, the way it will rely more
fully on reports and other supervisory
information provided by state insurance
regulators to minimize the burden
associated with supervisory duplication.
The notice of proposed guidance
stated that the comment period would
close on April 5, 2022. The Board
subsequently received a request to
extend the comment period. An
extension of the comment period will
provide additional opportunity for the
public to consider the proposal and
prepare comments, including to address
the questions posed by the Board in the
proposal. Therefore, the Board is
extending the end of the comment
period for the proposal from April 5,
2022, to May 5, 2022.
By order of the Board of Governors of the
Federal Reserve System, acting through the
Secretary of the Board under delegated
authority, March 21, 2022.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2022–06286 Filed 3–24–22; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
[File No. X170045]
Electronic Payment Systems, LLC;
Analysis of Proposed Consent Order
To Aid Public Comment
Federal Trade Commission.
Proposed consent agreement;
request for comment.
AGENCY:
ACTION:
The consent agreement in this
matter settles alleged violations of
federal law prohibiting unfair or
deceptive acts or practices. The attached
Analysis of Proposed Consent Order to
Aid Public Comment describes both the
allegations in the complaint and the
terms of the consent order—embodied
in the consent agreement—that would
settle these allegations.
DATES: Comments must be received on
or before April 25, 2022.
SUMMARY:
E:\FR\FM\25MRN1.SGM
25MRN1
Agencies
[Federal Register Volume 87, Number 58 (Friday, March 25, 2022)]
[Notices]
[Page 17089]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-06286]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
[Docket No. OP-1765]
Framework for the Supervision of Insurance Organizations;
Extension of Comment Period
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notification of extension of comment period.
-----------------------------------------------------------------------
SUMMARY: On February 4, 2022, the Board of Governors of the Federal
Reserve System (Board), published in the Federal Register a proposed
supervisory framework for depository institution holding companies that
are significantly engaged in insurance activities, or supervised
insurance organizations. The Board has determined that an extension of
the comment period until May 5, 2022, is appropriate, and is therefore
making that extension.
DATES: Comments must be received by May 5, 2022.
ADDRESSES: You may submit comments by any of the methods identified in
the proposal.
FOR FURTHER INFORMATION CONTACT: Thomas Sullivan, Senior Associate
Director, (202) 475-7656; Matt Walker, Manager, (202) 872-4971; Brad
Roberts, Lead Insurance Policy Analyst, (202) 452-2204; or Joan
Sullivan, Senior Insurance Policy Analyst, (202) 912-4670, Division of
Supervision and Regulation; or Charles Gray, Deputy General Counsel,
(202) 872-7589; Andrew Hartlage, Senior Counsel, (202) 452-6483; or
Christopher Danello, Senior Attorney, (202) 736-1960, Legal Division,
Board of Governors of the Federal Reserve System, 20th and C Streets
NW, Washington, DC 20551. For users of TTY-TRS, please call 711 from
any telephone, anywhere in the United States.
SUPPLEMENTARY INFORMATION: On February 4, 2022, the Board published in
the Federal Register a proposed supervisory framework for depository
institution holding companies that are significantly engaged in
insurance activities, or supervised insurance organizations.\1\ The
proposed framework would provide a supervisory approach that is
designed specifically to reflect the differences between banking and
insurance. Within the framework, the application of supervisory
guidance and the assignment of supervisory resources would be based
explicitly on a supervised insurance organization's complexity and
individual risk profile. The proposed framework would formalize the
ratings applicable to these firms with rating definitions that reflect
specific supervisory requirements and expectations. It would also
emphasize the Board's policy to rely to the fullest extent possible on
work done by other relevant supervisors, describing, in particular, the
way it will rely more fully on reports and other supervisory
information provided by state insurance regulators to minimize the
burden associated with supervisory duplication.
---------------------------------------------------------------------------
\1\ 87 FR 6537 (February 4, 2022).
---------------------------------------------------------------------------
The notice of proposed guidance stated that the comment period
would close on April 5, 2022. The Board subsequently received a request
to extend the comment period. An extension of the comment period will
provide additional opportunity for the public to consider the proposal
and prepare comments, including to address the questions posed by the
Board in the proposal. Therefore, the Board is extending the end of the
comment period for the proposal from April 5, 2022, to May 5, 2022.
By order of the Board of Governors of the Federal Reserve
System, acting through the Secretary of the Board under delegated
authority, March 21, 2022.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2022-06286 Filed 3-24-22; 8:45 am]
BILLING CODE 6210-01-P