Open Meeting of the Advisory Committee on Risk-Sharing Mechanisms, 89817 [2023-28657]
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Federal Register / Vol. 88, No. 248 / Thursday, December 28, 2023 / Notices
implementing regulations at 41 CFR
102–3.150.
Public Comment: Members of the
public wishing to comment on the
business of the ACRSM are invited to
submit written statements by any of the
following methods:
DEPARTMENT OF THE TREASURY
Open Meeting of the Advisory
Committee on Risk-Sharing
Mechanisms
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice of open meeting.
AGENCY:
This notice announces that
the U.S. Department of the Treasury’s
Advisory Committee on Risk-Sharing
Mechanisms (ACRSM) will meet in the
Cash Room, 1500 Pennsylvania Avenue
NW, Washington, DC 20220, from 2
p.m.–4 p.m. eastern time, February 1,
2024. The Committee meeting will be
held in person and virtually and is open
to the public.
DATES: Thursday, February 1, from 2
p.m.–4 p.m. eastern time.
ADDRESSES: The Committee meeting
will be held in the Cash Room,
Department of the Treasury, 1500
Pennsylvania Ave. NW, Washington, DC
20220 and via teleconference. The
meeting will be open to the public.
Because the meeting will be held in a
secured facility, members of the public
who plan to attend the meeting must
register online. Attendees may visit:
https://events.treasury.gov/s/ and fill
out a secure online registration form. A
valid email address will be required to
complete online registration. (Note:
online registration will close on January
25th or when capacity is reached.)
A link to the webcast will be available
through the Committee’s website at:
https://home.treasury.gov/policy-issues/
financial-markets-financial-institutionsand-fiscal-service/federal-insuranceoffice/terrorism-risk-insurance-program/
advisory-committee-on-risk-sharingmechanisms-acrsm. Requests for
reasonable accommodations under
section 504 of the Rehabilitation Act
should be directed to Snider Page,
Office of Civil Rights and Equal
Employment Opportunity, Department
of the Treasury at (202) 622–0341, or
snider.page@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Annette Burris, 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) 622–2541. 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, 5 U.S.C. 1001 et seq., through
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
20:14 Dec 27, 2023
Jkt 262001
Electronic Statements
• Send electronic comments to
acrsm@treasury.gov.
Paper Statements
• Send paper statements in triplicate
to the Advisory Committee on RiskSharing Mechanisms, U.S. Department
of the Treasury, 1500 Pennsylvania Ave.
NW, Room 1410 MT, Washington, DC
20220.
In general, the U.S. Department of the
Treasury will post all statements on its
website https://www.treasury.gov/
initiatives/fio/acrsm/Pages/default.aspx
without change, including any business
or personal information provided such
as names, addresses, email addresses, or
telephone numbers. The U.S.
Department of the Treasury will also
make such statements available for
public inspection and copying in the
U.S. Department of the Treasury’s
Library, 720 Madison Place NW, Room
1020, Washington, DC 20220, on official
business days between the hours of 10
a.m. and 5 p.m. eastern time. You can
make an appointment to inspect
statements by telephoning (202) 622–
2000. All statements received, including
attachments and other 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.
Background: The ACRSM provides
advice and recommendations to the
Federal Insurance Office (FIO) with
respect to (1) the creation and
development of non-governmental,
private market risk-sharing mechanisms
for protection against losses arising from
acts of terrorism, and (2) FIO’s
administration of the Terrorism Risk
Insurance Program (TRIP).
Tentative Agenda/Topics for
Discussion: This will be the first
ACRSM meeting of 2024. In this
meeting, the ACRSM will address,
consistent with its charter’s mandate,
topics related to the role of
nongovernmental mechanisms in
supporting the terrorism risk insurance
market. Specifically, the ACRSM will
hear presentations addressing (1) FIO’s
work related to consideration of
whether a potential federal insurance
response to catastrophic cyber loss to
U.S. critical infrastructure is warranted,
and its implications for TRIP; (2) a panel
discussion of major cyber modeling
PO 00000
Frm 00164
Fmt 4703
Sfmt 4703
89817
firms on the current state of cyber
modeling, including the modeling of
catastrophic events and the potential
impact of such events upon TRIP; and
(3) a presentation from an insurance
rating agency on how it evaluates cyber
insurance risk in its considerations, and
how the existence of programs such as
TRIP factor into that evaluation. The
Committee will then discuss suggested
areas for the ACRSM’s focus moving
forward relating to private market risk
sharing against losses arising from acts
of terrorism and the administration of
TRIP.
Steven E. Seitz,
Director, Federal Insurance Office.
[FR Doc. 2023–28657 Filed 12–27–23; 8:45 am]
BILLING CODE 4810–AK–P
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FOR FURTHER INFORMATION CONTACT:
Maribel Aponte, Office of Enterprise
and Integration, Data Governance
Analytics (008), 810 Vermont Avenue
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4688 or email maribel.aponte@va.gov.
Please refer to ‘‘OMB Control No. 2900–
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SUMMARY:
E:\FR\FM\28DEN1.SGM
28DEN1
Agencies
[Federal Register Volume 88, Number 248 (Thursday, December 28, 2023)]
[Notices]
[Page 89817]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-28657]
[[Page 89817]]
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DEPARTMENT OF THE TREASURY
Open Meeting of the Advisory Committee on Risk-Sharing Mechanisms
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice of open meeting.
-----------------------------------------------------------------------
SUMMARY: This notice announces that the U.S. Department of the
Treasury's Advisory Committee on Risk-Sharing Mechanisms (ACRSM) will
meet in the Cash Room, 1500 Pennsylvania Avenue NW, Washington, DC
20220, from 2 p.m.-4 p.m. eastern time, February 1, 2024. The Committee
meeting will be held in person and virtually and is open to the public.
DATES: Thursday, February 1, from 2 p.m.-4 p.m. eastern time.
ADDRESSES: The Committee meeting will be held in the Cash Room,
Department of the Treasury, 1500 Pennsylvania Ave. NW, Washington, DC
20220 and via teleconference. The meeting will be open to the public.
Because the meeting will be held in a secured facility, members of the
public who plan to attend the meeting must register online. Attendees
may visit: https://events.treasury.gov/s/ and fill out a secure online
registration form. A valid email address will be required to complete
online registration. (Note: online registration will close on January
25th or when capacity is reached.)
A link to the webcast will be available through the Committee's
website at: https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/federal-insurance-office/terrorism-risk-insurance-program/advisory-committee-on-risk-sharing-mechanisms-acrsm. Requests for reasonable accommodations under section
504 of the Rehabilitation Act should be directed to Snider Page, Office
of Civil Rights and Equal Employment Opportunity, Department of the
Treasury at (202) 622-0341, or [email protected].
FOR FURTHER INFORMATION CONTACT: Annette Burris, 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) 622-2541. 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, 5 U.S.C. 1001 et
seq., through implementing regulations at 41 CFR 102-3.150.
Public Comment: Members of the public wishing to comment on the
business of the ACRSM are invited to submit written statements by any
of the following methods:
Electronic Statements
Send electronic comments to [email protected].
Paper Statements
Send paper statements in triplicate to the Advisory
Committee on Risk-Sharing Mechanisms, U.S. Department of the Treasury,
1500 Pennsylvania Ave. NW, Room 1410 MT, Washington, DC 20220.
In general, the U.S. Department of the Treasury will post all
statements on its website https://www.treasury.gov/initiatives/fio/acrsm/Pages/default.aspx without change, including any business or
personal information provided such as names, addresses, email
addresses, or telephone numbers. The U.S. Department of the Treasury
will also make such statements available for public inspection and
copying in the U.S. Department of the Treasury's Library, 720 Madison
Place NW, Room 1020, Washington, DC 20220, on official business days
between the hours of 10 a.m. and 5 p.m. eastern time. You can make an
appointment to inspect statements by telephoning (202) 622-2000. All
statements received, including attachments and other 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.
Background: The ACRSM provides advice and recommendations to the
Federal Insurance Office (FIO) with respect to (1) the creation and
development of non-governmental, private market risk-sharing mechanisms
for protection against losses arising from acts of terrorism, and (2)
FIO's administration of the Terrorism Risk Insurance Program (TRIP).
Tentative Agenda/Topics for Discussion: This will be the first
ACRSM meeting of 2024. In this meeting, the ACRSM will address,
consistent with its charter's mandate, topics related to the role of
nongovernmental mechanisms in supporting the terrorism risk insurance
market. Specifically, the ACRSM will hear presentations addressing (1)
FIO's work related to consideration of whether a potential federal
insurance response to catastrophic cyber loss to U.S. critical
infrastructure is warranted, and its implications for TRIP; (2) a panel
discussion of major cyber modeling firms on the current state of cyber
modeling, including the modeling of catastrophic events and the
potential impact of such events upon TRIP; and (3) a presentation from
an insurance rating agency on how it evaluates cyber insurance risk in
its considerations, and how the existence of programs such as TRIP
factor into that evaluation. The Committee will then discuss suggested
areas for the ACRSM's focus moving forward relating to private market
risk sharing against losses arising from acts of terrorism and the
administration of TRIP.
Steven E. Seitz,
Director, Federal Insurance Office.
[FR Doc. 2023-28657 Filed 12-27-23; 8:45 am]
BILLING CODE 4810-AK-P