Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 16570 [2024-04890]
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16570
Federal Register / Vol. 89, No. 46 / Thursday, March 7, 2024 / Notices
Board of Governors of the Federal Reserve
System, March 4, 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. 2024–04887 Filed 3–6–24; 8:45 am]
Collection title: Disclosure
Requirements Associated with the
Consumer Financial Protection Bureau’s
(CFPB) Regulation DD.
Collection identifier: FR DD.
OMB control number: 7100–0271.
General description of collection: The
Truth in Savings Act (TISA) was
contained in the Federal Deposit
Insurance Corporation Improvement Act
of 1991. The FR DD is the Board’s
information collection associated with
the CFPB’s Regulation DD, which
implements TISA to assist consumers in
comparing deposit accounts offered by
institutions, principally through the
disclosure of fees, the annual percentage
yield, and other account terms.
Frequency: The FR DD is triggered by
specific events, and disclosures must be
provided to consumers within the time
periods established by TISA and
Regulation DD. The Board currently
estimates the frequency of disclosure as
monthly, as more granular information
(i.e., number of accounts subject to
Regulation DD) is not readily available.
Respondents: Except those that are
supervised by the CFPB, the FR DD
panel comprises state member banks,
branches of foreign banks (other than
federal branches and insured state
branches of foreign banks), commercial
lending companies owned or controlled
by foreign banks, and organizations
operating under section 25 of the
Federal Reserve Act.
Total estimated number of
respondents: 770.
Total estimated annual burden hours:
25,410.1
Current actions: On August 18, 2023,
the Board published an initial notice in
the Federal Register (88 FR 56627)
requesting public comment for 60 days
on the extension, without revision, of
the FR DD. The comment period for this
notice expired on October 17, 2023. The
Board did not receive any comments.
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 Disclosure
Requirements Associated with the
Consumer Financial Protection Bureau’s
(CFPB) Regulation DD (FR DD; OMB No.
7100–0271).
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.federal
reserve.gov/apps/reportingforms/home/
review or may be requested from the
agency clearance officer, whose name
appears above.
khammond on DSKJM1Z7X2PROD with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
16:13 Mar 06, 2024
Jkt 262001
Board of Governors of the Federal Reserve
System, March 4, 2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024–04890 Filed 3–6–24; 8:45 am]
BILLING CODE 6210–01–P
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 DD.
PO 00000
Frm 00050
Fmt 4703
Sfmt 4703
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, with revision, the Reporting
Requirements Associated with
Emergency Lending Under Section 13(3)
(FR A; OMB No. 7100–0373).
DATES: Comments must be submitted on
or before May 6, 2024.
ADDRESSES: You may submit comments,
identified by FR A, by any of the
following methods:
• Agency Website: https://www.
federalreserve.gov/. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Email: regs.comments@
federalreserve.gov. Include the OMB
number or FR number in the subject line
of the message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Federal Reserve Board of
Governors, Attn: Ann E. Misback,
Secretary of the Board, Mailstop M–
4775, 2001 C St. NW, Washington, DC
20551.
All public comments are available
from the Board’s website at https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons or to
remove personally identifiable
information at the commenter’s request.
Accordingly, comments will not be
edited to remove any confidential
business information, identifying
information, or contact information.
Public comments may also be viewed
electronically or in paper in Room M–
4365A, 2001 C St. NW, Washington, DC
20551, between 9:00 a.m. and 5:00 p.m.
on weekdays, except for Federal
holidays. For security reasons, the
Board requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 452–3684.
Upon arrival, visitors will be required to
present valid government-issued photo
identification and to submit to security
screening in order to inspect and
photocopy comments.
Additionally, commenters may send a
copy of their comments to the Office of
Management and Budget (OMB) Desk
Officer for the Federal Reserve Board,
Office of Information and Regulatory
Affairs, Office of Management and
SUMMARY:
E:\FR\FM\07MRN1.SGM
07MRN1
Agencies
[Federal Register Volume 89, Number 46 (Thursday, March 7, 2024)]
[Notices]
[Page 16570]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04890]
-----------------------------------------------------------------------
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
Disclosure Requirements Associated with the Consumer Financial
Protection Bureau's (CFPB) Regulation DD (FR DD; OMB No. 7100-0271).
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: Disclosure Requirements Associated with the
Consumer Financial Protection Bureau's (CFPB) Regulation DD.
Collection identifier: FR DD.
OMB control number: 7100-0271.
General description of collection: The Truth in Savings Act (TISA)
was contained in the Federal Deposit Insurance Corporation Improvement
Act of 1991. The FR DD is the Board's information collection associated
with the CFPB's Regulation DD, which implements TISA to assist
consumers in comparing deposit accounts offered by institutions,
principally through the disclosure of fees, the annual percentage
yield, and other account terms.
Frequency: The FR DD is triggered by specific events, and
disclosures must be provided to consumers within the time periods
established by TISA and Regulation DD. The Board currently estimates
the frequency of disclosure as monthly, as more granular information
(i.e., number of accounts subject to Regulation DD) is not readily
available.
Respondents: Except those that are supervised by the CFPB, the FR
DD panel comprises state member banks, branches of foreign banks (other
than federal branches and insured state branches of foreign banks),
commercial lending companies owned or controlled by foreign banks, and
organizations operating under section 25 of the Federal Reserve Act.
Total estimated number of respondents: 770.
Total estimated annual burden hours: 25,410.\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 DD.
---------------------------------------------------------------------------
Current actions: On August 18, 2023, the Board published an initial
notice in the Federal Register (88 FR 56627) requesting public comment
for 60 days on the extension, without revision, of the FR DD. The
comment period for this notice expired on October 17, 2023. The Board
did not receive any comments.
Board of Governors of the Federal Reserve System, March 4, 2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-04890 Filed 3-6-24; 8:45 am]
BILLING CODE 6210-01-P