Agency Information Collection Activities: Announcement of Board Approval under Delegated Authority and Submission to OMB, 61118-61119 [2024-16675]

Download as PDF 61118 Federal Register / Vol. 89, No. 146 / Tuesday, July 30, 2024 / Notices adopting a proposal to extend for three years, without revision, the Recordkeeping and Disclosure Requirements Associated with the Consumer Financial Protection Bureau’s (CFPB) Regulation M (FR M; OMB No. 7100–0202). 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.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 M. khammond on DSKJM1Z7X2PROD with NOTICES Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection Collection title: Recordkeeping and Disclosure Requirements Associated with the CFPB’s Regulation M. Collection identifier: FR M. OMB control number: 7100–0202. General description of collection: The Consumer Leasing Act (CLA) and Regulation M require lessors uniformly to disclose to consumers the costs, liabilities, and terms of consumer lease transactions. The Dodd-Frank Wall Street Reform and Consumer Protection VerDate Sep<11>2014 16:51 Jul 29, 2024 Jkt 262001 Act transferred rulemaking authority for the CLA to the Consumer Financial Protection Bureau (CFPB) except for certain motor vehicle dealers that are excluded from the CFPB’s authority, which remain subject to the Board’s Regulation M. The FR M is the Board’s information collection associated with Regulation M. These disclosures are provided to consumers before they enter into lease transactions and in advertisements that state the availability of consumer leases on particular terms. The disclosures are intended to provide consumers with meaningful disclosures about the costs and terms of leases for personal property and enable consumers to compare the terms for a particular lease with those for other leases and, when appropriate, to compare lease terms with those for credit transactions. Frequency: Event generated. Respondents: The FR M panel comprises state member banks with assets of $10 billion or less that are not affiliated with an insured depository institution with assets over $10 billion (irrespective of the consolidated assets of any holding company); non depository affiliates of such state member banks; and non depository affiliates of bank holding companies that are not affiliated with an insured depository institution with assets over $10 billion. Notwithstanding the foregoing, the CFPB, and not the Board, has supervisory authority for Regulation M with respect to automobile leasing over non-banks defined as ‘‘larger participants’’ in the automobile finance market pursuant to 12 U.S.C. 5514 (implemented by 12 CFR 1090.108). Total estimated number of respondents: 3. Total estimated annual burden hours: 17. Current actions: On March 7, 2024, the Board published a notice in the Federal Register (89 FR 16567) requesting public comment for 60 days on the extension, without revision, of the FR M. The comment period for this notice expired on May 6, 2024. The Board did not receive any comments. Board of Governors of the Federal Reserve System, July 23, 2024. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–16676 Filed 7–29–24; 8:45 am] BILLING CODE 6210–01–P PO 00000 Frm 00061 Fmt 4703 Sfmt 4703 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, without revision, the Recordkeeping Requirements Associated with Regulation GG (FR GG; OMB No. 7100–0317). 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.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 GG. AGENCY: Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection Collection title: Recordkeeping Requirements Associated with Regulation GG. Collection identifier: FR GG. E:\FR\FM\30JYN1.SGM 30JYN1 Federal Register / Vol. 89, No. 146 / Tuesday, July 30, 2024 / Notices OMB control number: 7100–0317. General description of collection: Regulation GG—Prohibition on Funding of Unlawful internet Gambling (12 CFR part 233) is related to the Unlawful internet Gambling Enforcement Act of 2006. The FR GG is the Board’s information collection associated with Regulation GG and requires participants in designated payment systems to establish written policies and procedures related to unlawful internet gambling. These recordkeeping requirements are contained in section 5 of Regulation GG. Policies and procedures reasonably designed to identify and block, or otherwise prevent or prohibit, restricted transactions are necessary because Congress found that internet gambling is primarily funded through personal use of payment system instruments, credit cards, and wire transfers. Frequency: Event-generated. Respondents: Depository institutions, card system operators, credit unions, and money transmitting business operators. Total estimated number of respondents: 4,635. Total estimated annual burden hours: 46,410. Current actions: On March 7, 2024, the Board published a notice in the Federal Register (89 FR 16572) requesting public comment for 60 days on the extension, without revision, of the FR GG. The comment period for this notice expired on May 6, 2024. The Board did not receive any comments. Board of Governors of the Federal Reserve System, July 24, 2024. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–16675 Filed 7–29–24; 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 (Board). ACTION: Notice and request for comment. AGENCY: In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the ‘‘agencies’’) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 16:51 Jul 29, 2024 Jkt 262001 and Budget (OMB) control number. On March 4, 2024, the Board, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, requested public comment for 60 days on a proposal to extend, without revision, the Country Exposure Report for U.S. Branches and Agencies of Foreign Banks (FFIEC 019), which is currently an approved collection of information. The comment period for the proposal ended on May 3, 2024. As described in the SUPPLEMENTARY INFORMATION section, the agencies will extend the FFIEC 019 as proposed. The Board hereby gives notice of its plan to submit to OMB a request to approve the revision and extension of this information collection, and again invites comment on the proposal. DATES: Comments must be submitted on or before August 29, 2024. ADDRESSES: Interested parties are invited to submit written comments, identified by ‘‘FFIEC 019,’’ 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 reporting form 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 identifying or contact information. Public comments may also be viewed electronically or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. 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 OMB PO 00000 Frm 00062 Fmt 4703 Sfmt 4703 61119 desk officer for the agencies by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503; by fax to (202) 395–6974; or by email to oira_ submission@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: For further information about the proposed extension without revision of the FFIEC 019 discussed in this notice, please contact the agency staff member whose name appears below. In addition, a copy of the FFIEC 019 form can be obtained at the FFIEC’s website (https:// www.ffiec.gov/ffiec_report_forms.htm). Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, (202) 452– 3884, Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, 20th and C Streets NW, Washington, DC 20551. Telecommunications Device for the Deaf users may call (202) 263–4869. SUPPLEMENTARY INFORMATION: The Board is proposing to extend for three years, without revision, the FFIEC 019. Report Title: Country Exposure Report for U.S. Branches and Agencies of Foreign Banks. Form Number: FFIEC 019. OMB control number: 7100–0213. Frequency of Response: Quarterly. Affected Public: Business or other forprofit. Respondents: All branches and agencies of foreign banks domiciled in the United States with total direct claims on foreign residents in excess of $30 million. Estimated Number of Respondents: 147. Estimated Average Burden per Response: 10 hours. Estimated Total Annual Burden: 5,880 hours. I. General Description of Report This information collection is required pursuant to sections 7 and 13 of the International Banking Act (12 U.S.C. 3105 and 3108) for the Board, sections 7 and 10 of the Federal Deposit Insurance Act (12 U.S.C. 1817 and 1820) for the FDIC, and the National Bank Act (12 U.S.C. 161) as applied through section 4 of the International Banking Act (12 U.S.C. 3102) for the OCC. The FFIEC 019 is given confidential treatment consistent with 5 U.S.C. 552(b)(4) and (b)(8). The FFIEC 019 report must be filed by each U.S. branch or agency of a foreign bank that has total direct claims on foreign residents in excess of $30 million. The branch or agency reports its total exposure (1) to residents of its E:\FR\FM\30JYN1.SGM 30JYN1

Agencies

[Federal Register Volume 89, Number 146 (Tuesday, July 30, 2024)]
[Notices]
[Pages 61118-61119]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-16675]


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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, without revision, the 
Recordkeeping Requirements Associated with Regulation GG (FR GG; OMB 
No. 7100-0317).

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 GG.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Collection title: Recordkeeping Requirements Associated with 
Regulation GG.
    Collection identifier: FR GG.

[[Page 61119]]

    OMB control number: 7100-0317.
    General description of collection: Regulation GG--Prohibition on 
Funding of Unlawful internet Gambling (12 CFR part 233) is related to 
the Unlawful internet Gambling Enforcement Act of 2006. The FR GG is 
the Board's information collection associated with Regulation GG and 
requires participants in designated payment systems to establish 
written policies and procedures related to unlawful internet gambling. 
These recordkeeping requirements are contained in section 5 of 
Regulation GG. Policies and procedures reasonably designed to identify 
and block, or otherwise prevent or prohibit, restricted transactions 
are necessary because Congress found that internet gambling is 
primarily funded through personal use of payment system instruments, 
credit cards, and wire transfers.
    Frequency: Event-generated.
    Respondents: Depository institutions, card system operators, credit 
unions, and money transmitting business operators.
    Total estimated number of respondents: 4,635.
    Total estimated annual burden hours: 46,410.
    Current actions: On March 7, 2024, the Board published a notice in 
the Federal Register (89 FR 16572) requesting public comment for 60 
days on the extension, without revision, of the FR GG. The comment 
period for this notice expired on May 6, 2024. The Board did not 
receive any comments.

    Board of Governors of the Federal Reserve System, July 24, 2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-16675 Filed 7-29-24; 8:45 am]
BILLING CODE 6210-01-P
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