Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 54461 [2024-14371]

Download as PDF ddrumheller on DSK120RN23PROD with NOTICES1 Federal Register / Vol. 89, No. 126 / Monday, July 1, 2024 / Notices failed to demonstrate is just and reasonable. See 46 U.S.C. 40701(b). In addition, 46 U.S.C. 40502(f) provides that in an action for a breach of a service contract, the dispute resolution forum cannot in any way be controlled by or affiliated with a controlled carrier or by the government that owns or controls the carrier. See 46 U.S.C. 40502(f). Congress enacted these protections to ensure that controlled carriers, whose marketplace decision making can be influenced by foreign governmental priorities or by their access to nonmarket sources of capital, do not engage in unreasonable below-market pricing practices which could disrupt trade or harm privately-owned shipping companies. The controlled carrier list is not a comprehensive list of foreign-owned or controlled ships or ship owners; rather, it is only a list of ocean common carriers that are controlled by governments. See 46 U.S.C. 40102(9). Thus, tramp operators and other non-common carriers are not included, nor are nonvessel-operating common carriers, regardless of their ownership or control. The controlled carrier list was last updated on February 27, 2024. See 89 FR 14495. This notice revises the list to add HMM as a controlled carrier of the government of the Republic of Korea. It is also noted that the United States and the Republic of Korea signed a Treaty of Friendship, Commerce and Navigation that entered into force on November 7, 1957. As such, HMM is entitled to the exception at 46 U.S.C. 40706(1), which exempts it from the requirements of Title 46, Chapter 407, but not from the provisions of 46 U.S.C. 40502(f) and 46 U.S.C. 46106(b)(7). There are no changes to report with respect to the remaining controlled carriers on the list. It is requested that any other information regarding possible omissions or inaccuracies in this list be provided to the Commission’s Office of the General Counsel at generalcounsel@ fmc.gov. See 46 CFR 501.12. The amended list of currently classified controlled carriers and their corresponding Commission-issued Registered Persons Index numbers is set forth below: (1) COSCO SHIPPING Lines Co., Ltd. (RPI No. 015614)—People’s Republic of China; (2) Orient Overseas Container Line Limited (RPI No. 011398)—People’s Republic of China; (3) OOCL (Europe) Limited (RPI No. 024786)—People’s Republic of China; (4) Hede (HONGKONG) International Shipping Limited (RPI No. 033332)— People’s Republic of China; VerDate Sep<11>2014 20:36 Jun 28, 2024 Jkt 262001 (5) HMM (RPI No. 001452)—Republic of Korea. By the Commission. David Eng, Secretary. [FR Doc. 2024–14447 Filed 6–28–24; 8:45 am] BILLING CODE 6730–02–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 Reporting Requirements Associated with Emergency Lending Under Section 13(3) (FR A; OMB No. 7100–0373). DATES: The revisions are effective July 31, 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 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 AGENCY: PO 00000 Frm 00058 Fmt 4703 Sfmt 9990 54461 the page displayed at the link above, you can find the supporting information by referencing the collection identifier, FR A. Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following Information Collection Collection title: Reporting Requirements Associated with Emergency Lending Under Section 13(3). Collection identifier: FR A. OMB control number: 7100–0373. General description of collection: Section 13(3) of the Federal Reserve Act provides that the Board may authorize any Federal Reserve Bank to extend credit to an individual, partnership, or corporation, subject to conditions. The Board’s Regulation A establishes policies and procedures with respect to emergency lending under section 13(3). The FR A is the Board’s information collection associated with Regulation A. The FR A consists of reporting requirements for entities’ compliance with the terms and conditions of the emergency lending facilities. Frequency: Event-generated. Respondents: Persons or entities borrowing under an emergency lending program or facility established pursuant to section 13(3). Total estimated number of respondents: 10. Total estimated change in burden: (257,250). Total estimated annual burden hours: 55. Current actions: On March 7, 2024, the Board published a notice in the Federal Register (89 FR 16570) requesting public comment for 60 days on the extension, with revision, of the FR A. The Board revised the FR A by removing certain reporting and disclosure requirements that were specific to COVID–19 era lending facility programs established in 2020, which have since ceased operation. The comment period for this notice expired on May 6, 2024. The Board did not receive any comments. The revisions will be implemented as proposed. Board of Governors of the Federal Reserve System, June 25, 2024. Benjamin W. McDonough, Deputy Secretary and Ombuds of the Board. [FR Doc. 2024–14371 Filed 6–28–24; 8:45 am] BILLING CODE 6210–01–P E:\FR\FM\01JYN1.SGM 01JYN1

Agencies

[Federal Register Volume 89, Number 126 (Monday, July 1, 2024)]
[Notices]
[Page 54461]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-14371]


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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 
Reporting Requirements Associated with Emergency Lending Under Section 
13(3) (FR A; OMB No. 7100-0373).

DATES: The revisions are effective July 31, 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 A.

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

    Collection title: Reporting Requirements Associated with Emergency 
Lending Under Section 13(3).
    Collection identifier: FR A.
    OMB control number: 7100-0373.
    General description of collection: Section 13(3) of the Federal 
Reserve Act provides that the Board may authorize any Federal Reserve 
Bank to extend credit to an individual, partnership, or corporation, 
subject to conditions. The Board's Regulation A establishes policies 
and procedures with respect to emergency lending under section 13(3). 
The FR A is the Board's information collection associated with 
Regulation A. The FR A consists of reporting requirements for entities' 
compliance with the terms and conditions of the emergency lending 
facilities.
    Frequency: Event-generated.
    Respondents: Persons or entities borrowing under an emergency 
lending program or facility established pursuant to section 13(3).
    Total estimated number of respondents: 10.
    Total estimated change in burden: (257,250).
    Total estimated annual burden hours: 55.
    Current actions: On March 7, 2024, the Board published a notice in 
the Federal Register (89 FR 16570) requesting public comment for 60 
days on the extension, with revision, of the FR A. The Board revised 
the FR A by removing certain reporting and disclosure requirements that 
were specific to COVID-19 era lending facility programs established in 
2020, which have since ceased operation. The comment period for this 
notice expired on May 6, 2024. The Board did not receive any comments. 
The revisions will be implemented as proposed.

    Board of Governors of the Federal Reserve System, June 25, 2024.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2024-14371 Filed 6-28-24; 8:45 am]
BILLING CODE 6210-01-P
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