Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 48643-48644 [2024-12497]

Download as PDF ddrumheller on DSK120RN23PROD with NOTICES1 Federal Register / Vol. 89, No. 111 / Friday, June 7, 2024 / Notices General description of collection: The FR 2081a must be submitted in connection with the acquisition or, in certain circumstances, the retention of control of a state member bank (SMB), savings and loan holding company (SLHC), or bank holding company (BHC) (or group of BHCs or SLHCs) by an individual, a group of individuals, a company, or a group of companies that would not be BHCs or SLHCs after consummation of the proposed transaction. The notice must be submitted to the appropriate Reserve Bank and include a description of the proposed transaction, the purchase price and funding source, the personal and financial information of the proposed acquirer(s), and any proposed new management. Frequency: Event-generated. Respondents: SMBs, BHCs, SLHCs, and associated individuals. Total estimated number of respondents: 153. Estimated average hours per response: Reporting, 17; Disclosure, 1. Total estimated annual burden hours: 2,754. Collection title: Interagency Notice of Change in Director or Senior Executive Officer. Collection identifier: FR 2081b. OMB control number: 7100–0134. General description of collection: The FR 2081b is used, under certain circumstances, to notify the appropriate Reserve Bank of a proposed change to an institution’s board of directors or senior executive officers. The notice must be filed if the institution is not in compliance with all minimum capital requirements, is in troubled condition, or is otherwise required by the Board to provide such notice. The reporting form may be filed by the relevant SMB, SLHC, or BHC, or by the affected individual. Frequency: Event-generated. Respondents: SMBs, BHCs, SLHCs, and associated individuals. Total estimated number of respondents: 112. Estimated average hours per response: 2. Total estimated annual burden hours: 224. Collection title: Interagency Biographical and Financial Report. Collection identifier: FR 2081c. OMB control number: 7100–0134. General description of collection: The FR 2081c is used by certain shareholders, directors, and executive officers in connection with the FR 2081a, FR 2081b, as well as applications for BHC and SLHC formations, acquisitions, and mergers, among other VerDate Sep<11>2014 17:23 Jun 06, 2024 Jkt 262001 filings. Information requested on this reporting form is subject to verification and requests for clarification or supplementation may be necessary. The FR 2081c requests the following information: (1) certain biographical information, such as personal information, employment records, education and professional credentials, and business and banking affiliations; (2) certain legal and related information; and (3) a financial report on the notificant, including a balance sheet, a cash flow statement, and various supporting schedules. Frequency: Event-generated. Respondents: SMBs, BHCs, SLHCs, and associated individuals. Total estimated number of respondents: 906. Estimated average hours per response: 5. Total estimated annual burden hours: 4,530. Current actions: On January 29, 2024, the Board published a notice in the Federal Register (89 FR 5540) requesting public comment for 60 days on the extension, without revision, of the FR 2081a, b, and c. The comment period for this notice expired on March 29, 2024. The Board did not receive any comments. Board of Governors of the Federal Reserve System, June 4, 2024. Benjamin W. McDonough, Deputy Secretary and Ombuds of the Board. [FR Doc. 2024–12557 Filed 6–6–24; 8:45 am] 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. SUMMARY: The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Government Securities Dealers Reports (FR 2004; OMB No. 7100–0003). DATES: The revisions are effective July 3, 2024. 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 AGENCY: PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 48643 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.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 2004. Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following Information Collection Collection title: Government Securities Dealers Reports. Collection identifier: FR 2004. OMB control number: 7100–0003. General description of collection: This information collection is comprised of the: • Weekly Report of Dealer Positions (FR 2004A), • Weekly Report of Cumulative Dealer Transactions (FR 2004B), • Weekly Report of Dealer Financing and Fails (FR 2004C), • Weekly Report of Specific Issues (FR 2004SI), • Daily Report of Specific Issues (FR 2004SD), • 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), E:\FR\FM\07JNN1.SGM 07JNN1 ddrumheller on DSK120RN23PROD with NOTICES1 48644 Federal Register / Vol. 89, No. 111 / Friday, June 7, 2024 / Notices • 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. Frequency: Weekly, monthly, daily, 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. Current actions: On January 29, 2024, the Board published a notice in the Federal Register (89 FR 5539) requesting public comment for 60 days on the extension, with revision, of the FR 2004. 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 proposed 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 comment period for this notice expired on March 29, 2024. The Board received one comment from a financial services group. The commenter stated that the proposed June 5, 2024, implementation date conflicted with the T–1 go live and competed with limited IT resources. After consideration, the Board will extend the implementation date to July 3, 2024. Aside from the change discussed above, the Board adopted the extension, with revision, of the FR 2004 as originally proposed. VerDate Sep<11>2014 17:23 Jun 06, 2024 Jkt 262001 Board of Governors of the Federal Reserve System, June 4, 2024. Benjamin W. McDonough, Deputy Secretary and Ombuds of the Board. [FR Doc. 2024–12497 Filed 6–6–24; 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, with revision the Consolidated Report of Condition and Income for Edge and Agreement Corporations (FR 2886b; OMB No. 7100–0086). DATES: Comments must be submitted on or before August 6, 2024. ADDRESSES: You may submit comments, identified by FR 2886b, 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 SUMMARY: PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 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.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 2886b. 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; E:\FR\FM\07JNN1.SGM 07JNN1

Agencies

[Federal Register Volume 89, Number 111 (Friday, June 7, 2024)]
[Notices]
[Pages 48643-48644]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-12497]


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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, with revision, the 
Government Securities Dealers Reports (FR 2004; OMB No. 7100-0003).

DATES: The revisions are effective July 3, 2024.

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. On the page displayed at the link above, you can find the 
supporting information by referencing the collection identifier, FR 
2004.

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

    Collection title: Government Securities Dealers Reports.
    Collection identifier: FR 2004.
    OMB control number: 7100-0003.
    General description of collection: This information collection is 
comprised of the:
     Weekly Report of Dealer Positions (FR 2004A),
     Weekly Report of Cumulative Dealer Transactions (FR 
2004B),
     Weekly Report of Dealer Financing and Fails (FR 2004C),
     Weekly Report of Specific Issues (FR 2004SI),
     Daily Report of Specific Issues (FR 2004SD),
     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),

[[Page 48644]]

     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.
    Frequency: Weekly, monthly, daily, 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.
    Current actions: On January 29, 2024, the Board published a notice 
in the Federal Register (89 FR 5539) requesting public comment for 60 
days on the extension, with revision, of the FR 2004. 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 proposed 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 comment period for this notice expired on March 29, 2024. 
The Board received one comment from a financial services group. The 
commenter stated that the proposed June 5, 2024, implementation date 
conflicted with the T-1 go live and competed with limited IT resources. 
After consideration, the Board will extend the implementation date to 
July 3, 2024. Aside from the change discussed above, the Board adopted 
the extension, with revision, of the FR 2004 as originally proposed.

    Board of Governors of the Federal Reserve System, June 4, 2024.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2024-12497 Filed 6-6-24; 8:45 am]
BILLING CODE 6210-01-P
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