Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of the Basel II Advanced Capital Framework, 60266-60267 [2023-18813]

Download as PDF 60266 Federal Register / Vol. 88, No. 168 / Thursday, August 31, 2023 / Notices including, filings required under the securities offering rules of 12 CFR parts 16 and 192, Change in Bank Control Act submissions, subordinated debt applications, applications for permission to organize a stock association and for approval of a merger, applications for FDIC insurance of accounts); and (h) other information, including a statement describing postconversion roles for officers, directors, and affiliates and waiver requests. Type of Review: Revision. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 1. Estimated Total Annual Burden: 512 hours. Comments: On June 07, 2023, the OCC published a 60-day notice for this information collection, (88 FR 37305). No comments were received. Comments continue to be invited 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) The accuracy of the OCC’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 on respondents, including through 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. 2023–18808 Filed 8–30–23; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY ddrumheller on DSK120RN23PROD with NOTICES1 Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of the Basel II Advanced Capital Framework 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 SUMMARY: VerDate Sep<11>2014 18:04 Aug 30, 2023 Jkt 259001 and respondent burden, invites comment on a continuing 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 the renewal of its information collection titled, ‘‘Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of the Basel II Advanced Capital Framework.’’ The OCC also is giving notice that it has sent the collection to OMB for review. DATES: Comments must be received by October 2, 2023. 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: 1557–0242, 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) 293–4835. Instructions: You must include ‘‘OCC’’ as the agency name and ‘‘1557– 0242’’ 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. You may review comments and other related materials that pertain to this information collection following the PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 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 OMB control number ‘‘1557– 0242’’ or ‘‘Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of the Basel II Advanced Capital Framework.’’ 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, 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 et seq.), Federal agencies must obtain approval from the 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. The OCC asks the OMB to extend its approval of the collection in this notice. Title: Supervisory Guidance: Supervisory Review Process of Capital Adequacy (Pillar 2) Related to the Implementation of the Basel II Advanced Capital Framework. OMB Control No.: 1557–0242. Frequency of Response: Eventgenerated. Affected Public: National banks and Federal savings associations subject to the advanced approaches capital rule. Abstract: In 2008, the OCC, Board of Governors of the Federal Reserve System, and Federal Deposit Insurance Corporation issued a supervisory guidance document to assist banking organizations in implementing the E:\FR\FM\31AUN1.SGM 31AUN1 ddrumheller on DSK120RN23PROD with NOTICES1 Federal Register / Vol. 88, No. 168 / Thursday, August 31, 2023 / Notices supervisory review process, or Pillar 2, of the advanced approaches risk-based capital rule.1 This guidance is relevant for OCC-supervised national banks and Federal savings associations (collectively, banks) that are subject to the advanced approaches capital rule.2 It does not apply to small banks. Paragraphs 37, 41, 43, and 46 of the guidance contain information collections. Paragraph 37 provides that banks should clearly state the definition of capital used in any aspect of its internal capital adequacy assessment process (ICAAP) and document any changes in the internal definition of capital. Paragraph 41 provides that banks should maintain thorough documentation of ICAAP, as detailed in the paragraph. Paragraph 43 specifies that the board of directors should approve the bank’s ICAAP, review it on a regular basis, and approve any changes. Paragraph 46 provides that the board of directors and appropriate senior management should periodically, but at least annually, review the assessment of overall capital adequacy and analyze how measures of internal capital adequacy compare with other capital measures (such as regulatory, accounting-based, or marketdetermined). Estimated Burden: Number of Respondents: 20. Estimated Burden per Respondent: 140 hours. Total Estimated Annual Burden: 2,800. Comments: On May 24, 2023, the OCC published a notice for 60 days of comment concerning this information collection, 88 FR 33665. No comments were received. Comments continue to be invited 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) The accuracy of the OCC’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 on respondents, including through 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, 1 73 FR 44620 (July 31, 2008). 2 See 12 CFR 3.100(b). VerDate Sep<11>2014 18:04 Aug 30, 2023 Jkt 259001 maintenance, and purchase of services to provide information. Theodore J. Dowd, Deputy Chief Counsel, Office of the Comptroller of the Currency. [FR Doc. 2023–18813 Filed 8–30–23; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF VETERANS AFFAIRS Privacy Act of 1974; System of Records Department of Veterans Affairs (VA), Office of Small & Disadvantaged Business Utilization (OSDBU). ACTION: Notice of a modified system of records. AGENCY: Pursuant to the Privacy Act of 1974, notice is hereby given that the VA is modifying the system of records entitled, ‘‘Veterans Enterprise Management System (VEMS)–VA’’ (181VAOSDBU). This system provides VA personnel with access to resources that allow them to perform market research on Veteran Owned Small Businesses (VOSB) and ServiceDisabled Veteran Owned Small Businesses (SDVOSB). The system also provides a platform for registration and announcement of VA OSDBU supported events, as well as provides OSDBU with the data and reports needed to manage their responsibilities under the Veterans Entrepreneurship and Small Business Development Act of 1999. DATES: Comments on this modified system of records must be received no later than 30 days after date of publication in the Federal Register. If no public comment is received during the period allowed for comment or unless otherwise published in the Federal Register by VA, the modified system of records will become effective a minimum of 30 days after date of publication in the Federal Register. If VA receives public comments, VA shall review the comments to determine whether any changes to the notice are necessary. SUMMARY: Comments may be submitted through www.Regulations.gov or mailed to VA Privacy Service, 810 Vermont Avenue NW, (005X6F), Washington, DC 20420. Comments should indicate that they are submitted in response to Veterans Enterprise Management System VA VetBiz PortalVA (181VAOSDBU). Comments received will be available at regulations.gov for public viewing, inspection or copies. ADDRESSES: PO 00000 Frm 00100 Fmt 4703 Sfmt 4703 60267 For general questions about the system contact Carol Cleveland at Office of Small & Disadvantaged Business Utilization at 810 I Street NW, Washington, DC 20420, osdbuexeccorr@ va.gov and (202) 461–4600 (Note: this is not a toll-free number). SUPPLEMENTARY INFORMATION: The purpose of this modified system of records is to notify that VA will no longer gather information to substantiate that small businesses owned and controlled by Veterans are qualified for contracts under the Vets First Program. The Small Business Administration has taken over these functions as directed in the William H. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021. The social security number and date of birth fields will be stripped from the system contact records. Personal and professional papers gathered to support the Verification Program will be disposed of in accordance with applicable records control schedule. The Report of Intent to Amend a System of Records Notice and an advance copy of the system notice have been sent to the appropriate Congressional committees and to the Director of the Office of Management and Budget (OMB) as required by the Privacy Act and guidelines issued by OMB, December 12, 2000. FOR FURTHER INFORMATION CONTACT: Signing Authority The Senior Agency Official for Privacy, or designee, approved this document and authorized the undersigned to sign and submit the document to the Office of the Federal Register for publication electronically as an official document of the Department of Veterans Affairs. Kurt D. DelBene, Assistant Secretary for Information and Technology and Chief Information Officer, approved this document on July 27, 2023 for publication. Dated: August 28, 2023. Amy L. Rose, Government Information Specialist, VA Privacy Service, Office of Compliance, Risk and Remediation, Office of Information and Technology, Department of Veterans Affairs. SYSTEM NAME AND NUMBER: Veterans Enterprise Management System (VEMS) VA VetBiz Portal–VA (181VAOSDBU). SECURITY CLASSIFICATION: Unclassified. SYSTEM LOCATION: The system is hosted on the VA Enterprise Cloud (EC), Microsoft Azure Government (MAG). The VA EC MAG is E:\FR\FM\31AUN1.SGM 31AUN1

Agencies

[Federal Register Volume 88, Number 168 (Thursday, August 31, 2023)]
[Notices]
[Pages 60266-60267]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-18813]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; Supervisory Guidance: Supervisory 
Review Process of Capital Adequacy (Pillar 2) Related to the 
Implementation of the Basel II Advanced Capital Framework

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). 
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 the renewal of its information collection titled, 
``Supervisory Guidance: Supervisory Review Process of Capital Adequacy 
(Pillar 2) Related to the Implementation of the Basel II Advanced 
Capital Framework.'' The OCC also is giving notice that it has sent the 
collection to OMB for review.

DATES: Comments must be received by October 2, 2023.

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-
0242, 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) 293-4835.
    Instructions: You must include ``OCC'' as the agency name and 
``1557-0242'' 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.
    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 OMB control number ``1557-0242'' or 
``Supervisory Guidance: Supervisory Review Process of Capital Adequacy 
(Pillar 2) Related to the Implementation of the Basel II Advanced 
Capital Framework.'' 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, 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 et seq.), 
Federal agencies must obtain approval from the 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. 
The OCC asks the OMB to extend its approval of the collection in this 
notice.
    Title: Supervisory Guidance: Supervisory Review Process of Capital 
Adequacy (Pillar 2) Related to the Implementation of the Basel II 
Advanced Capital Framework.
    OMB Control No.: 1557-0242.
    Frequency of Response: Event-generated.
    Affected Public: National banks and Federal savings associations 
subject to the advanced approaches capital rule.
    Abstract: In 2008, the OCC, Board of Governors of the Federal 
Reserve System, and Federal Deposit Insurance Corporation issued a 
supervisory guidance document to assist banking organizations in 
implementing the

[[Page 60267]]

supervisory review process, or Pillar 2, of the advanced approaches 
risk-based capital rule.\1\ This guidance is relevant for OCC-
supervised national banks and Federal savings associations 
(collectively, banks) that are subject to the advanced approaches 
capital rule.\2\ It does not apply to small banks.
---------------------------------------------------------------------------

    \1\ 73 FR 44620 (July 31, 2008).
    \2\ See 12 CFR 3.100(b).
---------------------------------------------------------------------------

    Paragraphs 37, 41, 43, and 46 of the guidance contain information 
collections. Paragraph 37 provides that banks should clearly state the 
definition of capital used in any aspect of its internal capital 
adequacy assessment process (ICAAP) and document any changes in the 
internal definition of capital. Paragraph 41 provides that banks should 
maintain thorough documentation of ICAAP, as detailed in the paragraph. 
Paragraph 43 specifies that the board of directors should approve the 
bank's ICAAP, review it on a regular basis, and approve any changes. 
Paragraph 46 provides that the board of directors and appropriate 
senior management should periodically, but at least annually, review 
the assessment of overall capital adequacy and analyze how measures of 
internal capital adequacy compare with other capital measures (such as 
regulatory, accounting-based, or market-determined).
    Estimated Burden:
    Number of Respondents: 20.
    Estimated Burden per Respondent: 140 hours.
    Total Estimated Annual Burden: 2,800.
    Comments: On May 24, 2023, the OCC published a notice for 60 days 
of comment concerning this information collection, 88 FR 33665. No 
comments were received. Comments continue to be invited 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) The accuracy of the OCC'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 on respondents, 
including through 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. 2023-18813 Filed 8-30-23; 8:45 am]
BILLING CODE 4810-33-P


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