Proposed Agency Information Collection Activities; Comment Request, 22147-22148 [2024-06713]
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Federal Register / Vol. 89, No. 62 / Friday, March 29, 2024 / Notices
FR Y–10—6,631.1
Board of Governors of the Federal Reserve
System, March 26, 2024.
Ann Misback,
Secretary of the Board.
[FR Doc. 2024–06717 Filed 3–28–24; 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:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Recordkeeping Guidance Associated
with Changes in Foreign Investments
Made Pursuant to Regulation K (FR
2064; OMB No. 7100–0109).
DATES: Comments must be submitted on
or before May 28, 2024.
ADDRESSES: You may submit comments,
identified by FR 2064, 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
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY:
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 Y–6, FR Y–7, FR Y–10, and FR Y–
10E.
VerDate Sep<11>2014
16:49 Mar 28, 2024
Jkt 262001
electronically or in paper in Room M–
4365A, 2001 C St NW, Washington, DC
20551, between 9 a.m. and 5 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
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW,
Washington, DC 20503, or by fax to
(202) 395–6974.
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.
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. In exercising
this delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
During the comment period for this
proposal, a copy of the proposed PRA
OMB submission, including the draft
reporting form and instructions,
supporting statement (which contains
more detail about the information
collection and burden estimates than
this notice), and other documentation,
will be made available on the 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. On the page displayed at
the link above, you can find the
supporting information by referencing
the collection identifier, FR 2064. Final
versions of these documents will be
made available at https://
www.reginfo.gov/public/do/PRAMain, if
approved.
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00032
Fmt 4703
Sfmt 4703
22147
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Board’s functions,
including whether the information has
practical utility;
b. The accuracy of the Board’s
estimate of the burden of the proposed
information collection, including the
validity of the methodology and
assumptions used;
c. Ways to enhance the quality,
utility, and clarity of the information to
be collected;
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Board should
modify the proposal.
Proposal Under OMB Delegated
Authority To Extend for Three Years,
Without Revision, the Following
Information Collection
Collection title: Recordkeeping
Guidance Associated with Changes in
Foreign Investments Made Pursuant to
Regulation K.
Collection identifier: FR 2064.
OMB control number: 7100–0109.
General description of collection:
Internationally active U.S. banking
organizations are expected to maintain
adequate internal records to allow
examiners to review compliance with
the investment provisions of Regulation
K. This recordkeeping guidance is what
makes up the FR 2064. For each
investment made under subpart A of
Regulation K, a banking organization
investor should maintain internal
records regarding the type of
investment; the amount of the
investment; the percentage ownership;
activities conducted by the company
and the legal authority for such
activities; and whether the investment
was made under general consent, prior
notice, or specific consent authority.
With respect to investments made under
general consent authority, information
also should be maintained that
E:\FR\FM\29MRN1.SGM
29MRN1
22148
Federal Register / Vol. 89, No. 62 / Friday, March 29, 2024 / Notices
demonstrates compliance with the
various limits set out in section 211.9 of
Regulation K. These records are
reviewed by examiners during
examinations, allowing the examiners to
determine a banking organization’s
compliance with the Federal Reserve
Act and subpart A of Regulation K.
Monitoring banking organizations’
international investments also permits
the Federal Reserve to ensure that
banking organizations do not expose
themselves to undue risk.
Frequency: On-going.
Respondents: U.S. banking
organizations (member banks, Edge Act
and agreement corporations, and bank
holding companies) that have made a
foreign investment.
Total estimated number of
respondents: 20.
Total estimated annual burden hours:
160.
Board of Governors of the Federal Reserve
System, March 26, 2024.
Ann Misback,
Secretary of the Board.
[FR Doc. 2024–06713 Filed 3–28–24; 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:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Interagency Guidance on Managing
Compliance and Reputation Risks for
Reverse Mortgage Products (FR 4029;
OMB No. 7100–0330).
DATES: Comments must be submitted on
or before May 28, 2024.
ADDRESSES: You may submit comments,
identified by FR 4029, 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–
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
16:49 Mar 28, 2024
Jkt 262001
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
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW,
Washington, DC 20503, or by fax to
(202) 395–6974.
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.
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. In exercising
this delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
During the comment period for this
proposal, a copy of the proposed PRA
OMB submission, including the draft
reporting form and instructions,
supporting statement (which contains
more detail about the information
collection and burden estimates than
this notice), and other documentation,
will be made available on the Board’s
public website at https://www.federal
PO 00000
Frm 00033
Fmt 4703
Sfmt 4703
reserve.gov/apps/reportingforms/home/
review or may be requested from the
agency clearance officer, whose name
appears above. Final versions of these
documents will be made available at
https://www.reginfo.gov/public/do/
PRAMain, if approved.
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Board’s functions,
including whether the information has
practical utility;
b. The accuracy of the Board’s
estimate of the burden of the proposed
information collection, including the
validity of the methodology and
assumptions used;
c. Ways to enhance the quality,
utility, and clarity of the information to
be collected;
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Board should
modify the proposal.
Proposal Under OMB Delegated
Authority To Extend for Three Years,
Without Revision, the Following
Information Collection
Collection title: Interagency Guidance
on Managing Compliance and
Reputation Risks for Reverse Mortgage
Products.
Collection identifier: FR 4029.
OMB control number: 7100–0330.
General description of collection: In
August 2010, the Federal Financial
Institutions Examination Council
(FFIEC), on behalf of its member
agencies, published a Federal Register
notice adopting supervisory guidance
titled ‘‘Reverse Mortgage Products:
Guidance for Managing Compliance and
Reputation Risks.’’ The guidance is
designed to assist financial institutions
with risk management and efforts to
ensure that their reverse mortgage
lending practices adequately address
consumer compliance and reputation
risks. The reverse mortgage guidance
E:\FR\FM\29MRN1.SGM
29MRN1
]]>Agencies
[Federal Register Volume 89, Number 62 (Friday, March 29, 2024)]
[Notices]
[Pages 22147-22148]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-06713]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, without
revision, the Recordkeeping Guidance Associated with Changes in Foreign
Investments Made Pursuant to Regulation K (FR 2064; OMB No. 7100-0109).
DATES: Comments must be submitted on or before May 28, 2024.
ADDRESSES: You may submit comments, identified by FR 2064, 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: [email protected]. 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 a.m. and 5 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 Budget, New Executive Office Building, Room 10235, 725
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.
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.
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. In exercising this delegated authority, the
Board is directed to take every reasonable step to solicit comment. In
determining whether to approve a collection of information, the Board
will consider all comments received from the public and other agencies.
During the comment period for this proposal, a copy of the proposed
PRA OMB submission, including the draft reporting form and
instructions, supporting statement (which contains more detail about
the information collection and burden estimates than this notice), and
other documentation, will be made available on the 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. On the page displayed at the link above, you can
find the supporting information by referencing the collection
identifier, FR 2064. Final versions of these documents will be made
available at https://www.reginfo.gov/public/do/PRAMain, if approved.
Request for Comment on Information Collection Proposal
The Board invites public comment on the following information
collection, which is being reviewed under authority delegated by the
OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Board's functions, including whether the
information has practical utility;
b. The accuracy of the Board's estimate of the burden of the
proposed information collection, including the validity of the
methodology and assumptions used;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
e. Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Extend for Three Years,
Without Revision, the Following Information Collection
Collection title: Recordkeeping Guidance Associated with Changes in
Foreign Investments Made Pursuant to Regulation K.
Collection identifier: FR 2064.
OMB control number: 7100-0109.
General description of collection: Internationally active U.S.
banking organizations are expected to maintain adequate internal
records to allow examiners to review compliance with the investment
provisions of Regulation K. This recordkeeping guidance is what makes
up the FR 2064. For each investment made under subpart A of Regulation
K, a banking organization investor should maintain internal records
regarding the type of investment; the amount of the investment; the
percentage ownership; activities conducted by the company and the legal
authority for such activities; and whether the investment was made
under general consent, prior notice, or specific consent authority.
With respect to investments made under general consent authority,
information also should be maintained that
[[Page 22148]]
demonstrates compliance with the various limits set out in section
211.9 of Regulation K. These records are reviewed by examiners during
examinations, allowing the examiners to determine a banking
organization's compliance with the Federal Reserve Act and subpart A of
Regulation K. Monitoring banking organizations' international
investments also permits the Federal Reserve to ensure that banking
organizations do not expose themselves to undue risk.
Frequency: On-going.
Respondents: U.S. banking organizations (member banks, Edge Act and
agreement corporations, and bank holding companies) that have made a
foreign investment.
Total estimated number of respondents: 20.
Total estimated annual burden hours: 160.
Board of Governors of the Federal Reserve System, March 26,
2024.
Ann Misback,
Secretary of the Board.
[FR Doc. 2024-06713 Filed 3-28-24; 8:45 am]
BILLING CODE 6210-01-P
