Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 12680-12681 [2023-04082]

Download as PDF 12680 Federal Register / Vol. 88, No. 39 / Tuesday, February 28, 2023 / Notices administered every other year since January 2009. The previous survey questionnaires and survey results can be accessed through the following link: https://fdic.gov/analysis/householdsurvey. In accordance with the statutory mandate to conduct the surveys on an ongoing basis, the FDIC already has in place arrangements for conducting the eighth Household Survey as a supplement to the June 2023 CPS. Prior to finalizing the 2023 survey questionnaire, the FDIC seeks to solicit public comment on whether changes to the existing instrument are desirable and, if so, to what extent. It should be noted that, as a supplement of the CPS survey, the Household Survey needs to adhere to specific parameters that include limits in the length and sensitivity of the questions that can be asked of CPS respondents. Interested members of the public may obtain a copy of the proposed survey questionnaire on the following web page: https://www.fdic.gov/resources/ regulations/federal-registerpublications/2023/2023-fdic-householdsurvey-instrument.pdf. Note: For those attending the meeting in person, current COVID–19 safety protocols for visitors, which are based on the CDC COVID–19 Community Level in Washington, DC, will be updated on the Commission’s contact page by the Monday before the meeting. See the contact page at https:// www.fec.gov/contact/. If you would like to virtually access the meeting, see the instructions below. STATUS: The March 2, 2023 open meeting has been canceled. CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer. Telephone: (202) 694–1220. Individuals who plan to attend in person and who require special assistance, such as sign language interpretation or other reasonable accommodations, should contact Laura E. Sinram, Secretary and Clerk, at (202) 694–1040, at least 72 hours prior to the meeting date. Request for Comment Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC’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; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. BILLING CODE 6715–01–P Federal Deposit Insurance Corporation. Dated at Washington, DC, on February 23, 2023. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2023–04070 Filed 2–27–23; 8:45 am] ddrumheller on DSK120RN23PROD with NOTICES BILLING CODE 6714–01–P FEDERAL ELECTION COMMISSION Sunshine Act Meetings Thursday, March 2, 2023 at 10:30 a.m. PLACE: Hybrid Meeting: 1050 First Street, NE, Washington, DC (12th Floor) and Virtual. TIME AND DATE: VerDate Sep<11>2014 18:37 Feb 27, 2023 Jkt 259001 (Authority: Government in the Sunshine Act, 5 U.S.C. 552b) Vicktoria J. Allen, Deputy Secretary of the Commission. [FR Doc. 2023–04152 Filed 2–24–23; 11:15 am] request.htm. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the 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 March 15, 2023. A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice President) 1000 Peachtree Street NE, Atlanta, Georgia 30309. Comments can also be sent electronically to Applications.Comments@atl.frb.org: 1. Oconee Financial Corporation, Watkinsville, Georgia; to acquire Elberton Federal Savings & Loan Association, Elberton, Georgia, and thereby engage in operating a savings association pursuant to section 225.28(b)(4)(ii) of Regulation Y. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–04098 Filed 2–27–23; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in or to Acquire Companies Engaged in Permissible Nonbanking Activities The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. 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/ PO 00000 Frm 00034 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 Reporting Requirements Associated with Regulation Y for Extension of Time to Conform to the Volcker Rule (FR Y–1; OMB No. 7100–0333). 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, nuha.elmaghrabi@frb.gov, (202) 452–3884. 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 AGENCY: E:\FR\FM\28FEN1.SGM 28FEN1 Federal Register / Vol. 88, No. 39 / Tuesday, February 28, 2023 / Notices ddrumheller on DSK120RN23PROD with NOTICES 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 (which contain more detailed information about the information collections and burden estimates than this notice), 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/ reportingforms/home/review or may be requested from the agency clearance officer, whose name appears above. Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following Information Collection Collection title: Reporting Requirements Associated with Regulation Y for Extension of Time to Conform to the Volcker Rule. Collection identifier: FR Y–1. OMB control number: 7100–0333. Effective Date: The revisions are applicable as of February 28, 2023. General description of collection: The Board’s Regulation Y—Bank Holding Companies and Change in Bank Control (12 CFR part 225, subpart K) provides that a banking entity or Boardsupervised nonbank financial company may, under certain circumstances, request an extension of time to conform its activities to the requirements of section 13 of the Bank Holding Company Act of 1956 (BHC Act), 1 also known as the Volcker Rule.2 Frequency: Annual, event-generated. Respondents: Insured depository institutions (other than certain limitedpurpose trust institutions and any insured depository institution that has, and if every company that controls it has, total consolidated assets of $10 billion or less and total trading assets and trading liabilities, on a consolidated basis, that are 5 percent or less of total consolidated assets), any company that controls such an insured depository institution, any company that is treated as a bank holding company for purposes of section 8 of the International Banking 1 12 U.S.C. 1851. term ‘‘banking entity’’ is defined in section 13(h)(1) of the BHC Act (12 U.S.C. 1851(h)(1)). See Respondents section of this notice for the full meaning. 2 The VerDate Sep<11>2014 18:37 Feb 27, 2023 Jkt 259001 Act of 1978 (12 U.S.C. 3106), and any affiliate or subsidiary of any of the foregoing, and nonbank financial companies designated by the Financial Stability Oversight Council that engage in proprietary trading activities or make investments in covered funds. Total estimated number of respondents: 1. Total estimated annual burden hours: 12.3 Current actions: On October 18, 2022, the Board published a notice in the Federal Register (87 FR 63069) requesting public comment for 60 days on the extension, with revision, of the FR Y–1. The Board proposed to revise the FR Y–1 to no longer include a provision related to extended transition periods for illiquid funds for banking entities since they were required to completely divest from such funds by July 21, 2022. The comment period for this notice expired on December 19, 2022. The Board did not receive any comments. The revisions will be implemented as proposed. Board of Governors of the Federal Reserve System, February 23, 2023. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–04082 Filed 2–27–23; 8:45 am] BILLING CODE 6210–01–P 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, without revision, the Selected Balance Sheet Items for Discount Window Borrowers (FR 2046; OMB No. 7100–0289). 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, nuha.elmaghrabi@frb.gov, (202) 452–3884. Office of Management and Budget (OMB) Desk Officer for the Federal Reserve Board, Office of Information AGENCY: 3 More detailed information regarding this collection, including more detailed burden estimates, can be found in the OMB Supporting Statement posted at https://www.federalreserve.gov/ apps/reportingforms/home/review. On the page displayed at the link, you can find the OMB Supporting Statement by referencing the collection identifier, FR Y–1. PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 12681 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. 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 (which contain more detailed information about the information collections and burden estimates than this notice), 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/ reportingforms/home/review or may be requested from the agency clearance officer, whose name appears above. SUPPLEMENTARY INFORMATION: Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection Collection title: Selected Balance Sheet Items for Discount Window Borrowers. Collection identifier: FR 2046. OMB control number: 7100–0289. General description of collection: The Board’s Regulation A—Extensions of Credit by Federal Reserve Banks (12 CFR part 201) requires that Reserve Banks review balance sheet data in determining whether to extend credit and to help ascertain whether undue use is made of such credit. Balance sheet data are collected on the FR 2046 report from certain institutions that borrow from the discount window in order to monitor discount window borrowing. Frequency: On occasion. Respondents: Depository institutions. Total estimated number of respondents: Primary and Secondary Credit, 1; Seasonal Credit, 32; Seasonal Credit, borrower in questionable financial condition, 1. Total estimated annual burden hours: Primary and Secondary Credit, 1; Seasonal Credit, 88; Seasonal Credit, E:\FR\FM\28FEN1.SGM 28FEN1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 88, Number 39 (Tuesday, February 28, 2023)]
[Notices]
[Pages 12680-12681]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-04082]


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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 
Reporting Requirements Associated with Regulation Y for Extension of 
Time to Conform to the Volcker Rule (FR Y-1; OMB No. 7100-0333).

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, [email protected], (202) 
452-3884.
    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

[[Page 12681]]

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 (which contain more detailed 
information about the information collections and burden estimates than 
this notice), 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/reportingforms/home/review or may 
be requested from the agency clearance officer, whose name appears 
above.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, With Revision, of the Following Information Collection

    Collection title: Reporting Requirements Associated with Regulation 
Y for Extension of Time to Conform to the Volcker Rule.
    Collection identifier: FR Y-1.
    OMB control number: 7100-0333.
    Effective Date: The revisions are applicable as of February 28, 
2023.
    General description of collection: The Board's Regulation Y--Bank 
Holding Companies and Change in Bank Control (12 CFR part 225, subpart 
K) provides that a banking entity or Board-supervised nonbank financial 
company may, under certain circumstances, request an extension of time 
to conform its activities to the requirements of section 13 of the Bank 
Holding Company Act of 1956 (BHC Act),\1\ also known as the Volcker 
Rule.\2\
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    \1\ 12 U.S.C. 1851.
    \2\ The term ``banking entity'' is defined in section 13(h)(1) 
of the BHC Act (12 U.S.C. 1851(h)(1)). See Respondents section of 
this notice for the full meaning.
---------------------------------------------------------------------------

    Frequency: Annual, event-generated.
    Respondents: Insured depository institutions (other than certain 
limited-purpose trust institutions and any insured depository 
institution that has, and if every company that controls it has, total 
consolidated assets of $10 billion or less and total trading assets and 
trading liabilities, on a consolidated basis, that are 5 percent or 
less of total consolidated assets), any company that controls such an 
insured depository institution, any company that is treated as a bank 
holding company for purposes of section 8 of the International Banking 
Act of 1978 (12 U.S.C. 3106), and any affiliate or subsidiary of any of 
the foregoing, and nonbank financial companies designated by the 
Financial Stability Oversight Council that engage in proprietary 
trading activities or make investments in covered funds.
    Total estimated number of respondents: 1.
    Total estimated annual burden hours: 12.\3\
---------------------------------------------------------------------------

    \3\ More detailed information regarding this collection, 
including more detailed burden estimates, can be found in the OMB 
Supporting Statement posted at https://www.federalreserve.gov/apps/reportingforms/home/review. On the page displayed at the link, you 
can find the OMB Supporting Statement by referencing the collection 
identifier, FR Y-1.
---------------------------------------------------------------------------

    Current actions: On October 18, 2022, the Board published a notice 
in the Federal Register (87 FR 63069) requesting public comment for 60 
days on the extension, with revision, of the FR Y-1. The Board proposed 
to revise the FR Y-1 to no longer include a provision related to 
extended transition periods for illiquid funds for banking entities 
since they were required to completely divest from such funds by July 
21, 2022. The comment period for this notice expired on December 19, 
2022. The Board did not receive any comments. The revisions will be 
implemented as proposed.

    Board of Governors of the Federal Reserve System, February 23, 
2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-04082 Filed 2-27-23; 8:45 am]
BILLING CODE 6210-01-P

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