Proposed Agency Information Collection Activities; Comment Request, 13862-13863 [2025-05232]
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13862
ACTION:
Federal Register / Vol. 90, No. 58 / Thursday, March 27, 2025 / Notices
Notice, request for comment.
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Request for Extension of Time to
Dispose of Assets Acquired in
Satisfaction of Debts Previously
Contracted (FR 4006; OMB No. 7100–
0129).
SUMMARY:
Comments must be submitted on
or before May 27, 2025.
ADDRESSES: You may submit comments,
identified by FR 4006, by any of the
following methods:
• Agency Website: https://
www.federalreserve.gov/. Follow the
instructions for submitting comments,
including attachments. Preferred
method.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
• Hand Delivery/Courier: Same as
mailing address.
• Other Means: publiccomments@
frb.gov. You must include the OMB
number or the FR number in the subject
line of the message.
Comments received are subject to
public disclosure. In general, comments
received will be made available on the
Board’s website at https://
www.federalreserve.gov/apps/
proposals/ without change and will not
be modified to remove personal or
business information including
confidential, contact, or other
identifying information. Comments
should not include any information
such as confidential information that
would be not appropriate for public
disclosure. Public comments may also
be viewed electronically or in person in
Room M–4365A, 2001 C St. NW,
Washington, DC 20551, between 9 a.m.
and 5 p.m. during Federal business
weekdays.
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.
lotter on DSK11XQN23PROD with NOTICES1
DATES:
VerDate Sep<11>2014
17:43 Mar 26, 2025
Jkt 265001
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/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 4006. Final versions of these
documents will be made available at
https://www.reginfo.gov/public/do/
PRAMain, if approved.
SUPPLEMENTARY INFORMATION:
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
PO 00000
Frm 00011
Fmt 4703
Sfmt 4703
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: Request for Extension
of Time to Dispose of Assets Acquired
in Satisfaction of Debts Previously
Contracted.
Collection identifier: FR 4006.
OMB control number: 7100–0129.
General description of collection: The
Bank Holding Company Act of 1956 and
the Board’s Regulation Y—Bank
Holding Companies and Change in Bank
Control (12 CFR part 225) require a bank
holding company (BHC) that, either
through foreclosure or otherwise in the
ordinary course of collecting a debt
previously contracted (DPC), acquired
voting securities of a bank or BHC or the
securities or assets of a company
engaged in a nonbanking activity, to
seek prior Board approval in order to
retain ownership of those shares or
assets for more than two years.
No application form exists for a BHC
to retain banking or nonbanking DPC
property for more than two years.
However, a BHC seeking an extension
generally submits a letter to the
appropriate Reserve Bank that states the
relevant facts; discusses why the
extension should be approved; provides
other information such as the efforts
made, to date, to effect divestiture
(including reasons for any delay in the
pace of divestiture); and includes
financial and descriptive data with
respect to the DPC assets as well as the
sales price of any related divested
assets.
Frequency: Event-generated.
Respondents: BHCs.
Total estimated number of
respondents: 64.
Total estimated annual burden hours:
284.
Board of Governors of the Federal Reserve
System, March 24, 2025.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025–05236 Filed 3–26–25; 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
SUMMARY:
E:\FR\FM\27MRN1.SGM
27MRN1
lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 90, No. 58 / Thursday, March 27, 2025 / Notices
comment on a proposal to extend for
three years, without revision, the Notice
of Proposed Stock Redemption (FR
4008; OMB No. 7100–0131).
DATES: Comments must be submitted on
or before May 27, 2025.
ADDRESSES: You may submit comments,
identified by FR 4008, by any of the
following methods:
• Agency Website: https://
www.federalreserve.gov/. Follow the
instructions for submitting comments,
including attachments. Preferred
method.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
• Hand Delivery/Courier: Same as
mailing address.
• Other Means: publiccomments@
frb.gov. You must include the OMB
number or the FR number in the subject
line of the message.
Comments received are subject to
public disclosure. In general, comments
received will be made available on the
Board’s website at https://
www.federalreserve.gov/apps/
proposals/ without change and will not
be modified to remove personal or
business information including
confidential, contact, or other
identifying information. Comments
should not include any information
such as confidential information that
would be not appropriate for public
disclosure. Public comments may also
be viewed electronically or in person in
Room M–4365A, 2001 C St. NW,
Washington, DC 20551, between 9 a.m.
and 5 p.m. during Federal business
weekdays.
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
VerDate Sep<11>2014
17:43 Mar 26, 2025
Jkt 265001
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/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 4008. 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.
PO 00000
Frm 00012
Fmt 4703
Sfmt 4703
13863
Proposal Under OMB Delegated
Authority To Extend for Three Years,
Without Revision, the Following
Information Collection
Collection title: Notice of Proposed
Stock Redemption.
Collection identifier: FR 4008.
OMB control number: 7100–0131.
General description of collection: The
Bank Holding Company Act of 1956 and
the Board’s Regulation Y—Bank
Holding Companies and Change in Bank
Control (12 CFR part 225) require a bank
holding company (BHC), under certain
circumstances, to seek the prior
approval of the Board before purchasing
or redeeming its equity securities. Due
to the limited information that a BHC
must provide in connection with any
such request, there is no required
reporting form, and each request for
prior approval is generally filed 30 days
before the proposed stock purchase or
redemption as a notification with the
Reserve Bank that has direct supervisory
responsibility for the requesting BHC.
The Federal Reserve uses the
information provided in the redemption
notice to supervise BHCs.
Frequency: Event-generated.
Respondents: BHCs.
Total estimated number of
respondents: 2.
Total estimated annual burden hours:
31.
Board of Governors of the Federal Reserve
System, March 24, 2025.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025–05232 Filed 3–26–25; 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 Report of
Selected Assets and Liabilities of
Domestically Chartered Commercial
Banks and U.S. Branches and Agencies
of Foreign Banks (FR 2644; OMB No.
7100–0075).
DATES: The revisions are effective April
2, 2025.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
AGENCY:
E:\FR\FM\27MRN1.SGM
27MRN1
]]>Agencies
[Federal Register Volume 90, Number 58 (Thursday, March 27, 2025)]
[Notices]
[Pages 13862-13863]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-05232]
-----------------------------------------------------------------------
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
[[Page 13863]]
comment on a proposal to extend for three years, without revision, the
Notice of Proposed Stock Redemption (FR 4008; OMB No. 7100-0131).
DATES: Comments must be submitted on or before May 27, 2025.
ADDRESSES: You may submit comments, identified by FR 4008, by any of
the following methods:
Agency Website: https://www.federalreserve.gov/. Follow
the instructions for submitting comments, including attachments.
Preferred method.
Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
Hand Delivery/Courier: Same as mailing address.
Other Means: [email protected]. You must include the
OMB number or the FR number in the subject line of the message.
Comments received are subject to public disclosure. In general,
comments received will be made available on the Board's website at
https://www.federalreserve.gov/apps/proposals/ without change and will
not be modified to remove personal or business information including
confidential, contact, or other identifying information. Comments
should not include any information such as confidential information
that would be not appropriate for public disclosure. Public comments
may also be viewed electronically or in person in Room M-4365A, 2001 C
St. NW, Washington, DC 20551, between 9 a.m. and 5 p.m. during Federal
business weekdays.
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/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
4008. 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: Notice of Proposed Stock Redemption.
Collection identifier: FR 4008.
OMB control number: 7100-0131.
General description of collection: The Bank Holding Company Act of
1956 and the Board's Regulation Y--Bank Holding Companies and Change in
Bank Control (12 CFR part 225) require a bank holding company (BHC),
under certain circumstances, to seek the prior approval of the Board
before purchasing or redeeming its equity securities. Due to the
limited information that a BHC must provide in connection with any such
request, there is no required reporting form, and each request for
prior approval is generally filed 30 days before the proposed stock
purchase or redemption as a notification with the Reserve Bank that has
direct supervisory responsibility for the requesting BHC. The Federal
Reserve uses the information provided in the redemption notice to
supervise BHCs.
Frequency: Event-generated.
Respondents: BHCs.
Total estimated number of respondents: 2.
Total estimated annual burden hours: 31.
Board of Governors of the Federal Reserve System, March 24,
2025.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025-05232 Filed 3-26-25; 8:45 am]
BILLING CODE 6210-01-P
