Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Comment Request; Consumer Protections for Depository Institution Sales of Insurance, 19788-19789 [2025-08206]
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19788
Federal Register / Vol. 90, No. 89 / Friday, May 9, 2025 / Notices
By Order of the Maritime Administration.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
Public Participation
How do I submit comments?
Please submit comments, including
the attachments, following the
instructions provided under the above
heading entitled ADDRESSES. It may take
a few hours or even days for comments
to be reflected on the docket. Comments
must be written in English. Provide
concise comments and attach additional
documents as necessary. There is no
limit on the length of the attachments.
Where do I go to read public comments,
and find supporting information?
The docket online is located at
https://www.regulations.gov, keyword
search MARAD–2025–0062 or visit the
Docket Management Facility (see
ADDRESSES for hours of operation).
Please periodically check the Docket for
new submissions and supporting
material.
Will my comments be made available to
the public?
Yes. Your entire comment, including
your personal identifying information,
will be made publicly available.
May I submit comments confidentially?
You may request that MARAD treat
your comments as commercially
confidential by submitting them to
SmallVessels@dot.gov. Include in the
email subject heading ‘‘Contains
Confidential Commercial Information’’
or ‘‘Contains CCI’’ and state in your
submission, with specificity, the basis
for any such confidential treatment
highlighting the CCI portions. If
possible, please provide a summary of
your submission that can be made
available to the public.
If MARAD receives a Freedom of
Information Act (FOIA) request for the
information, procedures described in
the Department’s FOIA regulation at 49
CFR 7.29 will be followed. Only
information that is ultimately
determined to be confidential under
those procedures will be exempt from
disclosure under FOIA.
lotter on DSK11XQN23PROD with NOTICES1
Privacy Act
Anyone can search the electronic
form of all comments received into any
of our dockets by the name of the
individual submitting the comment (or
signing the comment, if submitted on
behalf of an association, business, labor
union, etc.). For information on DOT’s
compliance with the Privacy Act, please
visit https://www.transportation.gov/
privacy.
(Authority: 49 CFR 1.93(a), 46 U.S.C. 12121)
VerDate Sep<11>2014
17:11 May 08, 2025
Jkt 265001
[FR Doc. 2025–08172 Filed 5–8–25; 8:45 am]
BILLING CODE 4910–81–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency Agency Information
Collection Activities: Information
Collection Renewal; Comment
Request; Consumer Protections for
Depository Institution Sales of
Insurance
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA). In
accordance with the requirements of the
PRA, the OCC 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 and Budget
(OMB) control number. The OCC is
soliciting comment concerning renewal
of its information collection titled
‘‘Consumer Protections for Depository
Institution Sales of Insurance.’’
DATES: Comments must be received by
July 8, 2025.
ADDRESSES: 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: 1557–0220, 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–
0220’’ 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
SUMMARY:
PO 00000
Frm 00121
Fmt 4703
Sfmt 4703
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Following the close of this notice’s
60-day comment period, the OCC will
publish a second notice with a 30-day
comment period. You may review
comments and other related materials
that pertain to this information
collection beginning on the date of
publication of the second notice for this
collection 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–
0220’’ or ‘‘Consumer Protections for
Depository Institution Sales of
Insurance.’’ 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
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.
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. Section
3506(c)(2)(A) of title 44 generally
requires Federal agencies to provide a
60-day notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of an existing collection of
information, before submitting the
collection to OMB for approval. To
comply with this requirement, the OCC
SUPPLEMENTARY INFORMATION:
E:\FR\FM\09MYN1.SGM
09MYN1
lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 90, No. 89 / Friday, May 9, 2025 / Notices
is publishing notice of the renewal of
this collection.
Title: Consumer Protections for
Depository Institution Sales of
Insurance.
OMB Control No.: 1557–0220.
Type of Review: Extension, without
revision, of a currently approved
collection.
Description: This information
collection is required under section 305
of the Gramm-Leach-Bliley Act (GLB
Act), 12 U.S.C. 1831x. Section 305 of the
GLB Act requires the OCC, the Board of
Governors of the Federal Reserve
System, and the Federal Deposit
Insurance Corporation (collectively, the
Agencies) to prescribe joint consumer
protection regulations that apply to
retail sales practices, solicitations,
advertising, and offers of any insurance
product by a depository institution or by
other persons performing these
activities at an office of the institution
or on behalf of the institution (other
covered persons). Section 305 also
requires those performing such
activities to disclose certain information
to consumers (e.g., that insurance
products and annuities are not FDICinsured).
This information collection requires
national banks, Federal savings
associations, and other covered persons
involved in insurance sales, as defined
in 12 CFR 14.20(f), to make two separate
disclosures to consumers. Under 12 CFR
14.40, a national bank, Federal savings
association, or other covered person
must prepare and provide orally and in
writing: (1) certain insurance
disclosures to consumers before the
completion of the initial sale of an
insurance product or annuity to a
consumer and (2) certain credit
disclosures at the time of application for
the extension of credit (if insurance
products or annuities are sold, solicited,
advertised, or offered in connection
with an extension of credit). The
insurance disclosures are required in
advertisements and promotional
material for insurance products or
annuities unless the advertisements and
promotional materials are of a general
nature describing or listing the services
or products offered by the national bank
or Federal savings association.
Consumers use the disclosures to
understand the risks associated with
insurance products and annuities and to
understand that they are not required to
purchase, and may refrain from
purchasing, certain insurance products
or annuities in order to qualify for an
extension of credit.
Affected Public: Businesses or other
for-profit.
Frequency: On occasion.
VerDate Sep<11>2014
17:11 May 08, 2025
Jkt 265001
Estimated Burden:
Estimated Number of Respondents:
315.
Total Estimated Burden Hours: 1,575.
Comments: Comments submitted in
response to this notice will be
summarized and included in the request
for OMB approval. All comments will
become a matter of public record.
Comments are 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 information collection
burden;
(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 the operation,
maintenance, and purchase of services
necessary to provide the required
information.
Patrick T. Tierney,
Assistant Director, Office of the Comptroller
of the Currency.
[FR Doc. 2025–08206 Filed 5–8–25; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Proposed Agency Information
Collection Activities: Comment
Request
Office of the Comptroller of the
Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); and Federal Deposit
Insurance Corporation (FDIC).
ACTION: Joint notice and request for
comment.
AGENCY:
In accordance with the
requirements of the Paperwork
Reduction Act of 1995 (PRA), the OCC,
the Board, and the FDIC (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 and Budget (OMB) control
SUMMARY:
PO 00000
Frm 00122
Fmt 4703
Sfmt 4703
19789
number. The Federal Financial
Institutions Examination Council
(FFIEC), of which the agencies are
members, has approved the agencies’
publication for public comment of a
proposal to extend for three years,
without revision, the Country Exposure
Report (FFIEC 009) and the Country
Exposure Information Report (FFIEC
009a), which are currently approved
collections of information. At the end of
the comment period for this notice, the
FFIEC and the agencies will review any
comments received to determine
whether to modify the proposal in
response to comments. As required by
the PRA, the agencies will then publish
a second Federal Register notice for a
30-day comment period and submit the
final FFIEC 009 and FFIEC 009a to OMB
for review and approval.
DATES: Comments must be submitted on
or before July 8, 2025.
ADDRESSES: Interested parties are
invited to submit written comments to
any or all of the agencies. All comments
will be shared among the agencies.
OCC: You may submit comments,
which should refer to ‘‘FFIEC 009 and
FFIEC 009a,’’ by any of the following
methods:
• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office, Office
of the Comptroller of the Currency,
Attention: 1557–0100, 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–
0100’’ 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.
You may review comments and other
related materials that pertain to this
information collection beginning on the
date of publication of the second notice
for this collection by the following
method:
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ drop
down menu and select ‘‘Information
E:\FR\FM\09MYN1.SGM
09MYN1
]]>Agencies
[Federal Register Volume 90, Number 89 (Friday, May 9, 2025)]
[Notices]
[Pages 19788-19789]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-08206]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency Agency Information
Collection Activities: Information Collection Renewal; Comment Request;
Consumer Protections for Depository Institution Sales of Insurance
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites comment on a continuing information
collection, as required by the Paperwork Reduction Act of 1995 (PRA).
In accordance with the requirements of the PRA, the OCC 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 and Budget (OMB) control number. The OCC is soliciting
comment concerning renewal of its information collection titled
``Consumer Protections for Depository Institution Sales of Insurance.''
DATES: Comments must be received by July 8, 2025.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible. You may submit comments by any of the following methods:
Email: [email protected].
Mail: Chief Counsel's Office, Attention: Comment
Processing, Office of the Comptroller of the Currency, Attention: 1557-
0220, 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
``1557-0220'' 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.
Following the close of this notice's 60-day comment period, the OCC
will publish a second notice with a 30-day comment period. You may
review comments and other related materials that pertain to this
information collection beginning on the date of publication of the
second notice for this collection 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 ``1557-0220'' or ``Consumer
Protections for Depository Institution Sales of Insurance.'' 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 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.
Section 3506(c)(2)(A) of title 44 generally requires Federal agencies
to provide a 60-day notice in the Federal Register concerning each
proposed collection of information, including each proposed extension
of an existing collection of information, before submitting the
collection to OMB for approval. To comply with this requirement, the
OCC
[[Page 19789]]
is publishing notice of the renewal of this collection.
Title: Consumer Protections for Depository Institution Sales of
Insurance.
OMB Control No.: 1557-0220.
Type of Review: Extension, without revision, of a currently
approved collection.
Description: This information collection is required under section
305 of the Gramm-Leach-Bliley Act (GLB Act), 12 U.S.C. 1831x. Section
305 of the GLB Act requires the OCC, the Board of Governors of the
Federal Reserve System, and the Federal Deposit Insurance Corporation
(collectively, the Agencies) to prescribe joint consumer protection
regulations that apply to retail sales practices, solicitations,
advertising, and offers of any insurance product by a depository
institution or by other persons performing these activities at an
office of the institution or on behalf of the institution (other
covered persons). Section 305 also requires those performing such
activities to disclose certain information to consumers (e.g., that
insurance products and annuities are not FDIC-insured).
This information collection requires national banks, Federal
savings associations, and other covered persons involved in insurance
sales, as defined in 12 CFR 14.20(f), to make two separate disclosures
to consumers. Under 12 CFR 14.40, a national bank, Federal savings
association, or other covered person must prepare and provide orally
and in writing: (1) certain insurance disclosures to consumers before
the completion of the initial sale of an insurance product or annuity
to a consumer and (2) certain credit disclosures at the time of
application for the extension of credit (if insurance products or
annuities are sold, solicited, advertised, or offered in connection
with an extension of credit). The insurance disclosures are required in
advertisements and promotional material for insurance products or
annuities unless the advertisements and promotional materials are of a
general nature describing or listing the services or products offered
by the national bank or Federal savings association.
Consumers use the disclosures to understand the risks associated
with insurance products and annuities and to understand that they are
not required to purchase, and may refrain from purchasing, certain
insurance products or annuities in order to qualify for an extension of
credit.
Affected Public: Businesses or other for-profit.
Frequency: On occasion.
Estimated Burden:
Estimated Number of Respondents: 315.
Total Estimated Burden Hours: 1,575.
Comments: Comments submitted in response to this notice will be
summarized and included in the request for OMB approval. All comments
will become a matter of public record. Comments are 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 information
collection burden;
(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 the
operation, maintenance, and purchase of services necessary to provide
the required information.
Patrick T. Tierney,
Assistant Director, Office of the Comptroller of the Currency.
[FR Doc. 2025-08206 Filed 5-8-25; 8:45 am]
BILLING CODE 4810-33-P
