Proposed Collection of Information: Government Securities Act of 1986, 42927-42928 [2024-10665]
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Federal Register / Vol. 89, No. 96 / Thursday, May 16, 2024 / Notices
Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office
of the Comptroller of the Currency,
Attention: 1557–0205, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 293–4835.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0205’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Written comments and
recommendations for the proposed
information collection should also be
sent within 30 days of publication of
this notice to www.reginfo.gov/public/
do/PRAMain. You can find this
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or using the
search function.
You may review comments and other
related materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by the method set forth in
the next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching OMB control number ‘‘1557–
0205’’ or ‘‘Investment Securities.’’ Upon
finding the appropriate information
collection, click on the related ‘‘ICR
Reference Number.’’ On the next screen,
select ‘‘View Supporting Statement and
Other Documents’’ and then click on the
link to any comment listed at the bottom
of the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
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ADDRESSES:
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Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. The OCC
asks the OMB to extend its approval of
the collection in this notice.
Title: Investment Securities.
OMB Control No.: 1557–0205.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Description: Under 12 CFR 1.3(h)(2), a
national bank may request an OCC
determination that it may invest in an
entity that is exempt from registration
under section 3(c)(1) of the Investment
Company Act of 1940 1 if the portfolio
of the entity consists exclusively of
assets that a national bank may
purchase and sell for its own account.
The OCC uses the information
contained in the request as a basis for
ensuring that the bank’s investment is
consistent with its investment authority
under applicable law and does not pose
unacceptable risk. Under 12 CFR 1.7(b),
a national bank may request OCC
approval to extend the five-year holding
period for securities held in satisfaction
of debts previously contracted for up to
an additional five years. In its request,
the bank must provide a clearly
convincing demonstration of why the
additional holding period is needed.
The OCC uses the information in the
request to ensure, on a case-by-case
basis, that the bank’s purpose in
retaining the securities is not
speculative and that the bank’s reasons
for requesting the extension are
adequate. The OCC also uses the
information to evaluate the risks to the
bank in extending the holding period,
including potential effects on the bank’s
safety and soundness.
Estimated Burden:
Estimated Frequency of Response: On
occasion.
1 15
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U.S.C. 80a–3(c)(1).
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42927
Estimated Number of Respondents:
25.
Estimated Total Annual Burden: 460
hours.
Comments: On March 11, 2024, the
OCC published a 60-day notice for this
information collection, 89 FR 17542.
There were no comments received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Patrick T. Tierney,
Assistant Director, Bank Advisory, Office of
the Comptroller of the Currency.
[FR Doc. 2024–10787 Filed 5–15–24; 8:45 am]
BILLING CODE P
DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service
Proposed Collection of Information:
Government Securities Act of 1986
Notice and request for
comments.
ACTION:
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on proposed
and/or continuing information
collection, as required by the Paperwork
Reduction Act of 1995. Currently, the
Bureau of the Fiscal Service within the
Department of the Treasury is soliciting
comments concerning the collection of
information associated with the
Government Securities Act (GSA) of
1986, as amended.
DATES: Written comments should be
received on or before July 15, 2024 to be
assured of consideration.
ADDRESSES: Direct all written comments
and requests for additional information
to Lori Santamorena (Executive
Director), John Garrison (Associate
Director), or Luisa Jou-Penchev
SUMMARY:
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ddrumheller on DSK120RN23PROD with NOTICES1
42928
Federal Register / Vol. 89, No. 96 / Thursday, May 16, 2024 / Notices
(Government Securities Advisor),
Government Securities Regulations
Staff, Bureau of the Fiscal Service,
Department of the Treasury, (202) 504–
3632, govsecreg@fiscal.treasury.gov.
DEPARTMENT OF THE TREASURY
SUPPLEMENTARY INFORMATION:
AGENCY:
Title: Government Securities Act of
1986, as amended, (15 U.S.C. 78o–5).
OMB Number: 1530–0064.
Abstract: The information collection
is contained within the regulations
issued pursuant to the GSA, which
require government securities brokers
and dealers to make and keep certain
records concerning their business
activities and their holdings of
government securities, to submit
financial reports, and to make certain
disclosures to investors. The regulations
also require depository institutions to
keep certain records of non-fiduciary
custodial holdings of government
securities. The regulations and
associated information collection are
fundamental to customer protection and
dealer financial responsibility.
Current Actions: Extension of a
currently approved collection.
Type of Review: Regular.
Affected Public: Private Sector
(Government securities brokers and
dealers and financial institutions).
Estimated Number of Respondents:
2,879.
Estimated Total Annual Burden
Hours: 206,293.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record. Comments are invited on:
1. whether the collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information shall have
practical utility; 2. the accuracy of the
agency’s estimate of the burden of the
collection of information; 3. ways to
enhance the quality, utility, and clarity
of the information to be collected; 4.
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology;
and 5. estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: May 10, 2024.
Bruce A. Sharp,
Bureau PRA Clearance Officer.
[FR Doc. 2024–10665 Filed 5–15–24; 8:45 am]
BILLING CODE 4810–AS–P
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Office of Foreign Assets Control
Notice of OFAC Sanctions Action
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
The U.S. Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing the name
of a person who has been removed from
the Sectoral Sanctions Identification
List (SSI List).
DATES: OFAC’s action described in this
notice took effect on May 6, 2024.
FOR FURTHER INFORMATION CONTACT:
OFAC: Bradley T. Smith, Director, tel.:
202–622–2490; Associate Director for
Global Targeting, tel.: 202–622–2420;
Assistant Director for Licensing, tel.:
202–622–2480; Assistant Director for
Regulatory Affairs, tel.: 202–622–4855;
or the Assistant Director for Sanctions
Compliance & Evaluation, tel.: 202–622–
2490.
SUPPLEMENTARY INFORMATION:
(Linked To: PUBLIC JOINT STOCK
COMPANY SBERBANK OF RUSSIA).
Dated: May 6, 2024.
Bradley T. Smith,
Director, Office of Foreign Assets Control,
U.S. Department of the Treasury.
[FR Doc. 2024–10161 Filed 5–15–24; 8:45 am]
BILLING CODE 4810–AL–P
SUMMARY:
Electronic Availability
The Specially Designated Nationals
and Blocked Persons List (SDN List) and
additional information concerning
OFAC sanctions programs are available
from OFAC’s website at https://
www.treasury.gov/ofac.
Notice of OFAC Actions
On May 6, 2024, OFAC removed from
the Sectoral Sanctions Identification
List the person listed below, who was
subject to prohibitions imposed
pursuant to Executive Order 13662 of
March 20, 2014, ‘‘Blocking Property of
Additional Persons Contributing to the
Situation in Ukraine (79 FR 16169,
March 24, 2014).
Entity
1. SBERBANK (SWITZERLAND) AG,
Gartenstrasse 24, 8002 Zurich,
Switzerland; PO Box 2136, Zurich 8027,
Switzerland; Freigutstrasse 16, 8027
Zurich, Switzerland; SWIFT/BIC
SLBZCHZZ; website www.slb-bank.ch;
Executive Order 13662 Directive
Determination—Subject to Directive 1;
Secondary sanctions risk: Ukraine-/
Russia-Related Sanctions Regulations,
31 CFR 589.201 and/or 589.209;
Registration ID CH–020.3.908.277–7
(Switzerland); alt. Registration ID CHE–
106.291.569 (Switzerland); For more
information on directives, please visit
the following link: https://
www.treasury.gov/resource-center/
sanctions/Programs/Pages/ukraine.aspx
#directives. [UKRAINE–EO13662]
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DEPARTMENT OF THE TREASURY
United States Mint
Notification of Citizens Coinage
Advisory Committee Public Meeting—
May 20, 2024
ACTION:
Notice of meeting.
Pursuant to United States Code, Title
31, section 5135(b)(8)(C), the United
States Mint announces the Citizens
Coinage Advisory Committee (CCAC)
public meeting scheduled for May 20,
2024.
Date: May 20, 2024.
Time: 2:00 p.m. to 3:00 p.m. (EST).
Location: Remote via
Videoconference.
Subject: Review and discussion of
candidate designs for the Joseph R.
Biden Presidential Medal.
Interested members of the public may
watch the meeting live stream on the
United States Mint’s YouTube Channel
at https://www.youtube.com/user/
usmint. To watch the meeting live,
members of the public may click on the
‘‘May 20 meeting’’ icon under the Live
Tab.
The public should call the CCAC
HOTLINE at (202) 354–7502 for the
latest updates on meeting time and
access information.
The CCAC advises the Secretary of the
Treasury on any theme or design
proposals relating to circulating coinage,
bullion coinage, Congressional Gold
Medals, and national and other medals;
advises the Secretary of the Treasury
with regard to the events, persons, or
places to be commemorated by the
issuance of commemorative coins in
each of the five calendar years
succeeding the year in which a
commemorative coin designation is
made; and makes recommendations
with respect to the mintage level for any
commemorative coin recommended.
For members of the public interested
in watching on-line, this is a reminder
that the remote access is for observation
purposes only. Members of the public
may submit matters for the CCAC’s
consideration by email to info@
ccac.gov.
For Accommodation Request: If you
require an accommodation to watch the
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]]>Agencies
- DEPARTMENT OF THE TREASURY
- Bureau of the Fiscal Service
[Federal Register Volume 89, Number 96 (Thursday, May 16, 2024)]
[Notices]
[Pages 42927-42928]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-10665]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service
Proposed Collection of Information: Government Securities Act of
1986
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on proposed and/or continuing information collection, as required by
the Paperwork Reduction Act of 1995. Currently, the Bureau of the
Fiscal Service within the Department of the Treasury is soliciting
comments concerning the collection of information associated with the
Government Securities Act (GSA) of 1986, as amended.
DATES: Written comments should be received on or before July 15, 2024
to be assured of consideration.
ADDRESSES: Direct all written comments and requests for additional
information to Lori Santamorena (Executive Director), John Garrison
(Associate Director), or Luisa Jou-Penchev
[[Page 42928]]
(Government Securities Advisor), Government Securities Regulations
Staff, Bureau of the Fiscal Service, Department of the Treasury, (202)
504-3632, [email protected].
SUPPLEMENTARY INFORMATION:
Title: Government Securities Act of 1986, as amended, (15 U.S.C.
78o-5).
OMB Number: 1530-0064.
Abstract: The information collection is contained within the
regulations issued pursuant to the GSA, which require government
securities brokers and dealers to make and keep certain records
concerning their business activities and their holdings of government
securities, to submit financial reports, and to make certain
disclosures to investors. The regulations also require depository
institutions to keep certain records of non-fiduciary custodial
holdings of government securities. The regulations and associated
information collection are fundamental to customer protection and
dealer financial responsibility.
Current Actions: Extension of a currently approved collection.
Type of Review: Regular.
Affected Public: Private Sector (Government securities brokers and
dealers and financial institutions).
Estimated Number of Respondents: 2,879.
Estimated Total Annual Burden Hours: 206,293.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: 1. whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; 2. the accuracy of the
agency's estimate of the burden of the collection of information; 3.
ways to enhance the quality, utility, and clarity of the information to
be collected; 4. ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology; and 5.
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: May 10, 2024.
Bruce A. Sharp,
Bureau PRA Clearance Officer.
[FR Doc. 2024-10665 Filed 5-15-24; 8:45 am]
BILLING CODE 4810-AS-P
