Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 89691-89692 [2023-28683]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 88, No. 248 / Thursday, December 28, 2023 / Notices quality, utility, and clarity of the information collected; ways to minimize the burden of the collection of information on the respondents, including the use of automated collection techniques or other forms of information technology; and ways to further reduce the information collection burden on small business concerns with fewer than 25 employees. DATES: Written PRA comments should be submitted on or before February 26, 2024. If you anticipate that you will be submitting comments, but find it difficult to do so within the period of time allowed by this notice, you should advise the contact listed below as soon as possible. ADDRESSES: Direct all PRA comments to Nicole Ongele, FCC, via email PRA@ fcc.gov and to nicole.ongele@fcc.gov. FOR FURTHER INFORMATION CONTACT: For additional information about the information collection, contact Nicole Ongele, (202) 418–2991. SUPPLEMENTARY INFORMATION: The FCC may not conduct or sponsor a collection of information unless it displays a currently valid control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid Office of Management and Budget (OMB) control number. OMB Control Number: 3060–1214. Title: Direct Access to Numbers Order, FCC 15–70, Conditions. Form Number: N/A. Type of Review: Revision of a currently approved collection. Respondents: Business or other forprofit entities. Number of Respondents and Responses: 20 respondents; 20 responses. Estimated Time per Response: 10–35 hours. Frequency of Response: One-time; ongoing and bi-annual reporting requirements. Obligation to Respond: Voluntary. Statutory authority for these collections are contained in 47 U.S.C. 251(e)(1) and section 6(a) of the TRACED Act. Total Annual Burden: 1,100 hours. Total Annual Cost: No Cost. Needs and Uses: On June 18, 2015, the Commission adopted a Report and Order establishing the Numbering Authorization Application, which allows interconnected VoIP providers to apply for a blanket authorization from the FCC that, once granted, will allow them to demonstrate that they have the authority to provide service in specific areas, thus enabling them to request numbers directly from the Numbering VerDate Sep<11>2014 20:14 Dec 27, 2023 Jkt 262001 Administrators. The collection covers the information and certifications that applicants must submit in order to comply with the Numbering Authorization Application process. On September 21, 2023, the Commission adopted a Second Report and Order that strengthens this application process by revising this information collection to ensure the Commission receives sufficient detail from interconnected VoIP applicants to make informed, public-interest-driven decisions about their direct access applications and thereby protect the public from bad actors. This information will continue help the Commission stem the tide of illegal robocalls, protect national security and law enforcement, safeguard the nation’s finite numbering resources, reduce the opportunity for regulatory arbitrage, and further promote public safety. Federal Communications Commission. Marlene Dortch, Secretary, Office of the Secretary. [FR Doc. 2023–28621 Filed 12–27–23; 8:45 am] BILLING CODE 6712–01–P FEDERAL MARITIME COMMISSION Notice of Agreements Filed The Commission hereby gives notice of filing of the following agreements under the Shipping Act of 1984. Interested parties may submit comments, relevant information, or documents regarding the agreements to the Secretary by email at Secretary@ fmc.gov, or by mail, Federal Maritime Commission, 800 North Capitol Street, Washington, DC 20573. Comments will be most helpful to the Commission if received within 12 days of the date this notice appears in the Federal Register, and the Commission requests that comments be submitted within 7 days on agreements that request expedited review. Copies of agreements are available through the Commission’s website (www.fmc.gov) or by contacting the Office of Agreements at (202) 523– 5793 or tradeanalysis@fmc.gov. Agreement No.: 201414. Agreement Name: ONE/HMM WIN Slot Charter Agreement. Parties: Ocean Network Express Pte. Ltd. and MM Co., Ltd. Filing Party: Joshua Stein; Cozen O’Connor. Synopsis: The Agreement authorizes ONE to charter space to HMM in the trade between the U.S. East and Gulf Coasts, and the Indian Subcontinent, the Mediterranean, and the Red Sea. Proposed Effective Date: 12/20/2023. PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 89691 Location: https://www2.fmc.gov/ FMC.Agreements.Web/Public/ AgreementHistory/84535. Dated: December 22, 2023. Carl Savoy, Federal Register Alternate Liaison Officer. [FR Doc. 2023–28642 Filed 12–27–23; 8:45 am] BILLING CODE 6730–02–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, with revision, the SingleCounterparty Credit Limits (FR 2590; OMB No. 7100–0377). 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 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.federal reserve.gov/apps/reportingforms/home/ review or may be requested from the agency clearance officer, whose name appears above. AGENCY: E:\FR\FM\28DEN1.SGM 28DEN1 89692 Federal Register / Vol. 88, No. 248 / Thursday, December 28, 2023 / Notices khammond on DSKJM1Z7X2PROD with NOTICES Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following Information Collection Collection title: Single-Counterparty Credit Limits. Collection identifier: FR 2590. OMB control number: 7100–0377. Effective Date: June 30, 2024. General description of collection: The FR 2590 was implemented in connection with the Board’s singlecounterparty credit limits rule (SCCL rule),1 codified in the Board’s Regulation YY—Enhanced Prudential Standards (12 CFR part 252) 2 and the Board’s Regulation LL—Savings and Loan Holding Companies (12 CFR part 238).3 The information collected by the FR 2590 reporting form allows the Board to monitor a covered company’s or a covered foreign entity’s compliance with the SCCL rule. In addition to the reporting form, the FR 2590 information collection incorporates notice requirements pertaining to requests that may be made by a covered company or covered foreign entity to request temporary relief from specific requirements of the SCCL rule, as well as a requirement that filers of the FR 2590 reporting form retain an exact copy of each completed FR 2590. Frequency: Quarterly, eventgenerated. Respondents: Covered company or covered foreign entity. A covered company is any U.S. bank holding company that is subject to Category I, II, or III standards or any savings and loan holding company that is subject to Category II or III standards. A covered foreign entity is a foreign banking organization (FBO) that is subject to Category II or III standards or that has total global consolidated assets of $250 billion or more, and any U.S. intermediate holding company that is subject to Category II or III standards. Total estimated number of respondents: 83. Estimated average hours per response: Reporting FR 2590 Form: 170.56. Reporting Requests for temporary relief: 10. Recordkeeping: 0.25. Total estimated change in burden: 0. Total estimated annual burden hours: 56,719.4 1 83 FR 38460 (August 6, 2018). See also 84 FR 59032 (November 1, 2019) (finalizing the SCCL rule for Savings and Loan Holding Companies). 2 See 12 CFR part 252, subparts H and Q. 3 See 12 CFR part 238, subpart Q. 4 More detailed information regarding this collection, including more detailed burden estimates, can be found in the OMB Supporting VerDate Sep<11>2014 20:14 Dec 27, 2023 Jkt 262001 Current actions: On September 11, 2023, the Board published a notice in the Federal Register (88 FR 62364) requesting public comment for 60 days on the extension, with revision, of the FR 2590. The Board proposed to revise the FR 2590 reporting form to clarify that an FBO that meets the large exposure standards on a consolidated basis established by its home-country supervisor is not required to provide additional documentation as part of its FR 2590 submission. The Board also proposed to clarify that a respondent should use tier 1 capital data and total consolidated assets data that is concurrent with its FR 2590 submission when calculating and reporting compliance with the SCCL rule. The Board also proposed to clarify that respondents should retain manually signed and attested copies of the cover page of the FR 2590 form and of the data submitted for three years, in accordance with similar requirements for other regulatory reports. The Board also proposed to clarify that the order of counterparties should be the same across Schedules G–1 through G–4, Schedules M–1 through M–2, and the Summary of Net Credit Exposures. Finally, the Board proposed to revise Schedule M–1 by adding an additional table for firms calculating derivative transaction exposures using the standardized approach for counterparty credit risk to report collateral received in connection with those derivative transactions. The comment period for this notice expired on November 13, 2023. The Board did not receive any comments relevant to the revision of this collection or to the PRA. The revisions will be implemented as proposed. Board of Governors of the Federal Reserve System, December 22, 2023. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–28683 Filed 12–27–23; 8:45 am] BILLING CODE 6210–01–P or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). 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/ request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments regarding each of these 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 January 12, 2024. A. Federal Reserve Bank of St. Louis (Holly A. Rieser, Senior Manager) P.O. Box 442, St. Louis, Missouri 63166– 2034. Comments can also be sent electronically to Comments.applications@stls.frb.org: 1. Christy Jones, Kevin Jones, and the Franklin D. & Donna L. Lewis Trust dtd 06/21/2004, Franklin D. Lewis and Donna L. Lewis as co-trustees, all of Marshfield, Missouri; Nathan Lewis, Liberty, Missouri; Thomas Lewis, Wentzville, Missouri; William R. Lewis, and Sue Ann Lewis, both of Lebanon, Missouri; as a group acting in concert, to retain voting shares of Cornerstone Bancshares, Inc., and thereby indirectly retain voting shares of Heritage Bank of the Ozarks, both of Lebanon, Missouri. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. FEDERAL RESERVE SYSTEM [FR Doc. 2023–28666 Filed 12–27–23; 8:45 am] BILLING CODE P Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank 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 2590. PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 GENERAL SERVICES ADMINISTRATION [Notice–MRB–2023–07; Docket No. 2023– 0002; Sequence No. 47] GSA Acquisition Policy Federal Advisory Committee; Notification of Upcoming Web-Based Public Meeting Office of Government-wide Policy (OGP), General Services Administration (GSA). AGENCY: E:\FR\FM\28DEN1.SGM 28DEN1

Agencies

[Federal Register Volume 88, Number 248 (Thursday, December 28, 2023)]
[Notices]
[Pages 89691-89692]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-28683]


=======================================================================
-----------------------------------------------------------------------

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 
Single-Counterparty Credit Limits (FR 2590; OMB No. 7100-0377).

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 
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.

[[Page 89692]]

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

    Collection title: Single-Counterparty Credit Limits.
    Collection identifier: FR 2590.
    OMB control number: 7100-0377.
    Effective Date: June 30, 2024.
    General description of collection: The FR 2590 was implemented in 
connection with the Board's single-counterparty credit limits rule 
(SCCL rule),\1\ codified in the Board's Regulation YY--Enhanced 
Prudential Standards (12 CFR part 252) \2\ and the Board's Regulation 
LL--Savings and Loan Holding Companies (12 CFR part 238).\3\
---------------------------------------------------------------------------

    \1\ 83 FR 38460 (August 6, 2018). See also 84 FR 59032 (November 
1, 2019) (finalizing the SCCL rule for Savings and Loan Holding 
Companies).
    \2\ See 12 CFR part 252, subparts H and Q.
    \3\ See 12 CFR part 238, subpart Q.
---------------------------------------------------------------------------

    The information collected by the FR 2590 reporting form allows the 
Board to monitor a covered company's or a covered foreign entity's 
compliance with the SCCL rule. In addition to the reporting form, the 
FR 2590 information collection incorporates notice requirements 
pertaining to requests that may be made by a covered company or covered 
foreign entity to request temporary relief from specific requirements 
of the SCCL rule, as well as a requirement that filers of the FR 2590 
reporting form retain an exact copy of each completed FR 2590.
    Frequency: Quarterly, event-generated.
    Respondents: Covered company or covered foreign entity. A covered 
company is any U.S. bank holding company that is subject to Category I, 
II, or III standards or any savings and loan holding company that is 
subject to Category II or III standards. A covered foreign entity is a 
foreign banking organization (FBO) that is subject to Category II or 
III standards or that has total global consolidated assets of $250 
billion or more, and any U.S. intermediate holding company that is 
subject to Category II or III standards.
    Total estimated number of respondents: 83.
    Estimated average hours per response:
    Reporting FR 2590 Form: 170.56.
    Reporting Requests for temporary relief: 10.
    Recordkeeping: 0.25.
    Total estimated change in burden: 0.
    Total estimated annual burden hours: 56,719.\4\
---------------------------------------------------------------------------

    \4\ 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 2590.
---------------------------------------------------------------------------

    Current actions: On September 11, 2023, the Board published a 
notice in the Federal Register (88 FR 62364) requesting public comment 
for 60 days on the extension, with revision, of the FR 2590. The Board 
proposed to revise the FR 2590 reporting form to clarify that an FBO 
that meets the large exposure standards on a consolidated basis 
established by its home-country supervisor is not required to provide 
additional documentation as part of its FR 2590 submission. The Board 
also proposed to clarify that a respondent should use tier 1 capital 
data and total consolidated assets data that is concurrent with its FR 
2590 submission when calculating and reporting compliance with the SCCL 
rule. The Board also proposed to clarify that respondents should retain 
manually signed and attested copies of the cover page of the FR 2590 
form and of the data submitted for three years, in accordance with 
similar requirements for other regulatory reports. The Board also 
proposed to clarify that the order of counterparties should be the same 
across Schedules G-1 through G-4, Schedules M-1 through M-2, and the 
Summary of Net Credit Exposures. Finally, the Board proposed to revise 
Schedule M-1 by adding an additional table for firms calculating 
derivative transaction exposures using the standardized approach for 
counterparty credit risk to report collateral received in connection 
with those derivative transactions. The comment period for this notice 
expired on November 13, 2023. The Board did not receive any comments 
relevant to the revision of this collection or to the PRA. The 
revisions will be implemented as proposed.

    Board of Governors of the Federal Reserve System, December 22, 
2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-28683 Filed 12-27-23; 8:45 am]
BILLING CODE 6210-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.