Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 5540 [2024-01644]

Download as PDF ddrumheller on DSK120RN23PROD with NOTICES1 5540 Federal Register / Vol. 89, No. 19 / Monday, January 29, 2024 / Notices • Supplement to the Daily Report of Specific Issues (FR 2004SD ad hoc), • Daily Report of Dealer Activity in Treasury Financing (FR 2004WI), • Settlement Cycle Report of Dealer Fails and Transaction Volumes: Class A (FR 2004FA), • Settlement Cycle Report of Dealer Fails and Transaction Volumes: Class B (FR 2004FB), • Settlement Cycle Report of Dealer Fails and Transaction Volumes: Class C (FR 2004FC), and • Settlement Cycle Report of Dealer Fails and Transaction Volumes (FR 2004FM). The Federal Reserve Bank of New York, on behalf of the Federal Reserve System, collects data from primary dealers in the U.S. government securities market. Filing of these data is required to obtain the benefit of primary dealer status. The Federal Reserve uses these data to (1) monitor the condition of the U.S. government securities market in its Treasury market surveillance and analysis of the market and (2) assist and support the U.S. Department of the Treasury (Treasury) in its role as fiscal agent for Treasury financing operations. In addition, these data are used in the analysis of broad financial conditions and a range of financial stability issues. Proposed revisions: Since the last clearance, a new type of repo financing called ‘‘sponsored general collateral repo’’ has gained significant popularity among clients of primary dealers. Such type of financing is not separately listed in the current FR 2004C. To improve our ability to track the usage of this product by primary dealers, the Board proposes to revise the FR 2004C for each asset category by adding three columns to separately capture sponsored general collateral Triparty Repo financing by maturity tenors. The proposed revisions would be effective with the first applicable as of date, June 5, 2024. Frequency: Weekly, monthly, and event-generated. Respondents: Primary government security dealers. Total estimated number of respondents: 24. Total estimated change in burden: 1,310. Total estimated annual burden hours: 35,189.1 1 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 2004. VerDate Sep<11>2014 18:33 Jan 26, 2024 Jkt 262001 Board of Governors of the Federal Reserve System, January 23, 2024. Michele Taylor Fennell, Deputy Associate Secretary of the Board. Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection [FR Doc. 2024–01631 Filed 1–26–24; 8:45 am] Collection title: Recordkeeping Requirements Associated with Regulation H (Real Estate Lending Standards Regulation for State Member Banks). Collection identifier: FR H–5. OMB control number: 7100–0261. General description of collection: This information collection includes a recordkeeping requirement associated with Regulation H—Membership of State Banking Institutions in the Federal Reserve System (12 CFR part 208) that implements section 304 of the Federal Deposit Insurance Corporation Improvement Act of 1991. Pursuant to Regulation H, state member banks must adopt and maintain written real estate lending policies. Additionally, this information collection includes voluntary recordkeeping provisions in the Interagency Guidelines for Real Estate Lending Policies. Frequency: On-going. Respondents: State member banks. Total estimated number of respondents: 701. Total estimated annual burden hours: 17,545.1 Current actions: On July 19, 2023, the Board published a notice in the Federal Register (88 FR 46164) requesting public comment for 60 days on the extension, without revision, of the FR H–5. The comment period for this notice expired on September 18, 2023. The Board did not receive any comments relevant to this collection or to the PRA. 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. AGENCY: The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Recordkeeping Requirements Associated with Regulation H (Real Estate Lending Standards Regulation for State Member Banks) (FR H–5; OMB No. 7100–0261). SUMMARY: 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. 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: PO 00000 Frm 00061 Fmt 4703 Sfmt 4703 Board of Governors of the Federal Reserve System, January 23, 2024. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–01644 Filed 1–26–24; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: 1 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 H–5. E:\FR\FM\29JAN1.SGM 29JAN1

Agencies

[Federal Register Volume 89, Number 19 (Monday, January 29, 2024)]
[Notices]
[Page 5540]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-01644]


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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, without revision, the 
Recordkeeping Requirements Associated with Regulation H (Real Estate 
Lending Standards Regulation for State Member Banks) (FR H-5; OMB No. 
7100-0261).

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.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Collection title: Recordkeeping Requirements Associated with 
Regulation H (Real Estate Lending Standards Regulation for State Member 
Banks).
    Collection identifier: FR H-5.
    OMB control number: 7100-0261.
    General description of collection: This information collection 
includes a recordkeeping requirement associated with Regulation H--
Membership of State Banking Institutions in the Federal Reserve System 
(12 CFR part 208) that implements section 304 of the Federal Deposit 
Insurance Corporation Improvement Act of 1991. Pursuant to Regulation 
H, state member banks must adopt and maintain written real estate 
lending policies. Additionally, this information collection includes 
voluntary recordkeeping provisions in the Interagency Guidelines for 
Real Estate Lending Policies.
    Frequency: On-going.
    Respondents: State member banks.
    Total estimated number of respondents: 701.
    Total estimated annual burden hours: 17,545.\1\
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    \1\ 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 H-5.
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    Current actions: On July 19, 2023, the Board published a notice in 
the Federal Register (88 FR 46164) requesting public comment for 60 
days on the extension, without revision, of the FR H-5. The comment 
period for this notice expired on September 18, 2023. The Board did not 
receive any comments relevant to this collection or to the PRA.

    Board of Governors of the Federal Reserve System, January 23, 
2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-01644 Filed 1-26-24; 8:45 am]
BILLING CODE 6210-01-P
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