Agency Information Collection Activities: Information Collection Renewal; Comment Request; Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies and Diversity Self-Assessment Template for OCC-Regulated Entities, 55082-55083 [2022-19374]
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Federal Register / Vol. 87, No. 173 / Thursday, September 8, 2022 / Notices
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Comment Request; Joint
Standards for Assessing the Diversity
Policies and Practices of Entities
Regulated by the Agencies and
Diversity Self-Assessment Template
for OCC-Regulated Entities
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA). The OCC
may not conduct or sponsor, and a
respondent is not required to respond
to, an information collection unless it
displays a currently valid Office of
Management and Budget (OMB) control
number. The OCC is soliciting comment
on the renewal of its information
collection titled ‘‘Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies and Diversity Self-Assessment
Template for OCC-Regulated Entities.’’
DATES: Comments must be submitted on
or before November 7, 2022.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office
of the Comptroller of the Currency,
Attention: 1557–0334, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 465–4326.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0334’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
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SUMMARY:
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18:19 Sep 07, 2022
Jkt 256001
confidential or inappropriate for public
disclosure.
Following the close of this notice’s
60-day comment period, the OCC will
publish a second notice with a 30-day
comment period. You may review
comments and other related materials
that pertain to this information
collection beginning on the date of
publication of the second notice for this
collection by the method set forth in the
next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ drop
down menu and click on ‘‘Information
Collection Review.’’ From the
‘‘Currently under Review’’ drop-down
menu, select ‘‘Department of Treasury’’
and then click ‘‘submit.’’ This
information collection can be located by
searching by OMB control number
‘‘1557–0334’’ or ‘‘Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies and Diversity Self-Assessment
Template for OCC-Regulated Entities.’’
Upon finding the appropriate
information collection, click on the
related ‘‘ICR Reference Number.’’ On the
next screen, select ‘‘View Supporting
Statement and Other Documents’’ and
then click on the link to any comment
listed at the bottom of the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW, Suite 3E–
218, Washington, DC 20219. If you are
deaf, hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
Under the
PRA (44 U.S.C. 3501–3520), Federal
agencies must obtain approval from
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
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
before submitting the collection to OMB
for approval. To comply with this
requirement, the OCC is publishing
notice of the renewal of this collection
of information.
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00129
Fmt 4703
Sfmt 4703
Title: Joint Standards for Assessing
the Diversity Policies and Practices of
Entities Regulated by the Agencies and
Diversity Self-Assessment Template for
OCC-Regulated Entities.
OMB Control No.: 1557–0334.
Abstract: This information collection
covers standards, pursuant to which
OCC-regulated entities voluntarily selfassess their diversity policies and
practices, and includes a template to
assist with the self-assessment. The
template provided is a PDF fillable
form, which replaces the Excel
spreadsheet template. The template (1)
asks for general information about a
respondent; (2) includes questions and
solicits comments for certain standards
about program successes and
challenges; (3) asks for a description of
current practices for the self-assessment
standards; (4) seeks additional diversity
data; and (5) provides an opportunity
for a respondent to provide other
information regarding or comment on
the self-assessment of its diversity and
inclusion policies and practices. The
OCC may use the information submitted
to monitor progress and trends in the
financial services industry regarding
diversity and inclusion in employment
and contracting activities and to identify
and highlight diversity and inclusion
policies and practices that have been
successful. The OCC will continue to
reach out to the entities it regulates and
other interested parties to discuss
diversity and inclusion in the financial
services industry and share leading
practices. Finally, if an OCC-regulated
entity submits confidential commercial
information that is both customarily and
actually treated as private by the entity,
the entity can designate the information
as private, and the OCC will treat the
self-assessment information as private to
the extent permitted by law, including
the Freedom of Information Act, 5
U.S.C. 552, et seq.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Burden Estimates:
Estimated Number of Respondents: 82
(58 repeat respondents; 24 new
respondents) of 327 institutions with
greater than 100 employees that are
requested to submit.
Frequency of Collection: Annual.
Average Annual Response Time Per
Respondent: 8 hours for new
respondents and 4 hours for repeat
respondents.
Estimated Total Annual Burden
Hours: 424 hours.
Comments: The comments submitted
in response to this notice will be
summarized and included in the OCC’s
request for OMB approval of this
E:\FR\FM\08SEN1.SGM
08SEN1
Federal Register / Vol. 87, No. 173 / Thursday, September 8, 2022 / Notices
information collection. All comments
will become a matter of public record.
The OCC invites comments on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) Whether the OCC has accurately
estimated the information collection
burden;
(c) How the OCC can enhance the
quality, utility, and clarity of the
information to be collected;
(d) How the OCC can minimize the
burden of the collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
(e) The respondents’ estimated capital
or start-up costs, as well as the costs of
operating, maintaining, and purchasing
services necessary to provide the
information being collected.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2022–19374 Filed 9–7–22; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities; Information Collection
Revision; Submission for OMB
Review; Bank Secrecy Act/Money
Laundering Risk Assessment
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a revised information
collection as required by the Paperwork
Reduction Act of 1995 (PRA). In
accordance with the requirements of the
PRA, the OCC may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning its
information collection entitled, ‘‘Bank
Secrecy Act/Money Laundering Risk
Assessment,’’ also known as the Money
Laundering Risk (MLR) System. The
OCC also is giving notice that it has sent
the collection to OMB for review.
DATES: Comments must be submitted by
October 11, 2022.
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SUMMARY:
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18:19 Sep 07, 2022
Jkt 256001
Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, 1557–
0231, Office of the Comptroller of the
Currency, 400 7th Street SW, Suite 3E–
218, Washington, DC 20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 465–4326.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0231’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Written comments and
recommendations for the proposed
information collection should also be
sent within 30 days of publication of
this notice to www.reginfo.gov/public/
do/PRAMain. You can find this
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
On June 8, 2022, the OCC published
a 60-day notice for this information
collection (87 FR 34927). You may
review comments and other related
materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by the method set forth in
the next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching by OMB control number
‘‘1557–0231’’ or ‘‘Bank Secrecy Act/
Money Laundering Risk Assessment.’’
Upon finding the appropriate
information collection, click on the
related ‘‘ICR Reference Number.’’ On the
next screen, select ‘‘View Supporting
Statement and Other Documents’’ and
then click on the link to any comment
listed at the bottom of the screen.
ADDRESSES:
PO 00000
Frm 00130
Fmt 4703
Sfmt 4703
55083
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, OCC Clearance
Officer, (202) 874–5090, Chief Counsel’s
Office, Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA, Federal agencies must obtain
approval from the OMB for each
collection of information they conduct
or sponsor. ‘‘Collection of information’’
is defined in 44 U.S.C. 3502(3) and 5
CFR 1320.3(c) to include questions
posed to agencies, instrumentalities, or
employees of the United States, if the
results are to be used for general
statistical purposes, that is, if the results
are to be used for statistical
compilations of general public interest,
including compilations showing the
status or implementation of Federal
activities and programs. The OCC asks
that OMB extend its approval of the
collection in this document.
Title: Bank Secrecy Act/Money
Laundering Risk Assessment.
OMB Control No: 1557–0231.
Type of Review: Regular.
Affected Public: Business or other forprofit.
Abstract: The MLR System enhances
the ability of examiners and bank
management to identify and evaluate
Bank Secrecy Act/Money Laundering
and Office of Foreign Asset Control
(OFAC) sanctions risks associated with
banks’ products, services, customers,
and locations. As new products and
services are introduced, existing
products and services change, and
banks expand through mergers and
acquisitions, banks’ evaluation of
money laundering and terrorist
financing risks should evolve as well.
Consequently, the MLR System risk
assessment is an important tool for the
OCC’s Bank Secrecy Act/Anti-Money
Laundering and OFAC supervision
activities because it allows the OCC to
better identify those institutions, and
business activities within institutions,
that may pose heightened risk and then
allocate examination resources
accordingly. This risk assessment is
critical for protecting U.S. financial
institutions of all sizes from potential
abuse from money laundering and
terrorist financing. The MLR System
also provides the OCC with information
regarding products or customers that
may be experiencing difficulties or
E:\FR\FM\08SEN1.SGM
08SEN1
]]>Agencies
[Federal Register Volume 87, Number 173 (Thursday, September 8, 2022)]
[Notices]
[Pages 55082-55083]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-19374]
[[Page 55082]]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Comment Request; Joint Standards for Assessing the Diversity
Policies and Practices of Entities Regulated by the Agencies and
Diversity Self-Assessment Template for OCC-Regulated Entities
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites comment on a continuing information
collection, as required by the Paperwork Reduction Act of 1995 (PRA).
The OCC may not conduct or sponsor, and a respondent is not required to
respond to, an information collection unless it displays a currently
valid Office of Management and Budget (OMB) control number. The OCC is
soliciting comment on the renewal of its information collection titled
``Joint Standards for Assessing the Diversity Policies and Practices of
Entities Regulated by the Agencies and Diversity Self-Assessment
Template for OCC-Regulated Entities.''
DATES: Comments must be submitted on or before November 7, 2022.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible. You may submit comments by any of the following methods:
Email: [email protected].
Mail: Chief Counsel's Office, Attention: Comment
Processing, Office of the Comptroller of the Currency, Attention: 1557-
0334, 400 7th Street SW, Suite 3E-218, Washington, DC 20219.
Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Fax: (571) 465-4326.
Instructions: You must include ``OCC'' as the agency name and
``1557-0334'' in your comment. In general, the OCC will publish
comments on www.reginfo.gov without change, including any business or
personal information provided, such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
Following the close of this notice's 60-day comment period, the OCC
will publish a second notice with a 30-day comment period. You may
review comments and other related materials that pertain to this
information collection beginning on the date of publication of the
second notice for this collection by the method set forth in the next
bullet.
Viewing Comments Electronically: Go to www.reginfo.gov.
Hover over the ``Information Collection Review'' drop down menu and
click on ``Information Collection Review.'' From the ``Currently under
Review'' drop-down menu, select ``Department of Treasury'' and then
click ``submit.'' This information collection can be located by
searching by OMB control number ``1557-0334'' or ``Joint Standards for
Assessing the Diversity Policies and Practices of Entities Regulated by
the Agencies and Diversity Self-Assessment Template for OCC-Regulated
Entities.'' Upon finding the appropriate information collection, click
on the related ``ICR Reference Number.'' On the next screen, select
``View Supporting Statement and Other Documents'' and then click on the
link to any comment listed at the bottom of the screen.
For assistance in navigating www.reginfo.gov, please
contact the Regulatory Information Service Center at (202) 482-7340.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(202) 649-5490, Chief Counsel's Office, Office of the Comptroller of
the Currency, 400 7th Street SW, Suite 3E-218, Washington, DC 20219. If
you are deaf, hard of hearing, or have a speech disability, please dial
7-1-1 to access telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal
agencies must obtain approval from OMB for each collection of
information that they conduct or sponsor. ``Collection of information''
is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency
requests or requirements that members of the public 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 before submitting the collection to OMB for approval. To
comply with this requirement, the OCC is publishing notice of the
renewal of this collection of information.
Title: Joint Standards for Assessing the Diversity Policies and
Practices of Entities Regulated by the Agencies and Diversity Self-
Assessment Template for OCC-Regulated Entities.
OMB Control No.: 1557-0334.
Abstract: This information collection covers standards, pursuant to
which OCC-regulated entities voluntarily self-assess their diversity
policies and practices, and includes a template to assist with the
self-assessment. The template provided is a PDF fillable form, which
replaces the Excel spreadsheet template. The template (1) asks for
general information about a respondent; (2) includes questions and
solicits comments for certain standards about program successes and
challenges; (3) asks for a description of current practices for the
self-assessment standards; (4) seeks additional diversity data; and (5)
provides an opportunity for a respondent to provide other information
regarding or comment on the self-assessment of its diversity and
inclusion policies and practices. The OCC may use the information
submitted to monitor progress and trends in the financial services
industry regarding diversity and inclusion in employment and
contracting activities and to identify and highlight diversity and
inclusion policies and practices that have been successful. The OCC
will continue to reach out to the entities it regulates and other
interested parties to discuss diversity and inclusion in the financial
services industry and share leading practices. Finally, if an OCC-
regulated entity submits confidential commercial information that is
both customarily and actually treated as private by the entity, the
entity can designate the information as private, and the OCC will treat
the self-assessment information as private to the extent permitted by
law, including the Freedom of Information Act, 5 U.S.C. 552, et seq.
Type of Review: Regular.
Affected Public: Businesses or other for-profit.
Burden Estimates:
Estimated Number of Respondents: 82 (58 repeat respondents; 24 new
respondents) of 327 institutions with greater than 100 employees that
are requested to submit.
Frequency of Collection: Annual.
Average Annual Response Time Per Respondent: 8 hours for new
respondents and 4 hours for repeat respondents.
Estimated Total Annual Burden Hours: 424 hours.
Comments: The comments submitted in response to this notice will be
summarized and included in the OCC's request for OMB approval of this
[[Page 55083]]
information collection. All comments will become a matter of public
record. The OCC invites comments on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) Whether the OCC has accurately estimated the information
collection burden;
(c) How the OCC can enhance the quality, utility, and clarity of
the information to be collected;
(d) How the OCC can minimize the burden of the collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) The respondents' estimated capital or start-up costs, as well
as the costs of operating, maintaining, and purchasing services
necessary to provide the information being collected.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2022-19374 Filed 9-7-22; 8:45 am]
BILLING CODE 4810-33-P
