Agencies and Commissions October 17, 2019 – Federal Register Recent Federal Regulation Documents

The U.S. Nuclear Regulatory Commission (NRC) invites public comment on the renewal of Office of Management and Budget (OMB) approval for an existing collection of information. The information collection is entitled, NRC Form 212, ``Qualifications Investigation, Professional, Technical and Administrative Positions.''

The National Credit Union Administration (NCUA), as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on the following extension of a currently approved collection, as required by the Paperwork Reduction Act of 1995.

In accordance with the requirements of the Federal Advisory Committee Act, the Millennium Challenge Corporation (MCC) Economic Advisory Council was established as a discretionary advisory committee on October 5, 2018. The MCC Economic Advisory Council serves MCC in an advisory capacity only and provides advice and guidance to MCC economists, evaluators, leadership of the Department of Policy and Evaluation, and senior MCC leadership regarding relevant trends in development economics, applied economic and evaluation methods, poverty analytics, as well as modeling, measuring, and evaluating development interventions. In doing so, an overarching purpose of the MCC Economic Advisory Council is to sharpen MCC's analytical methods and capacity in support of continuing development effectiveness. It also serves as a sounding board and reference group for assessing and advising on strategic policy innovations and methodological directions in MCC.

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (collectively, the banking agencies), and the National Credit Union Administration (collectively, the agencies) are inviting public comment on a proposed interagency policy statement on allowances for credit losses (ACLs). The agencies are issuing this proposed interagency policy statement in response to changes to U.S. generally accepted accounting principles (GAAP) as promulgated by the Financial Accounting Standards Board (FASB) in Accounting Standards Update (ASU) 2016-13, Financial InstrumentsCredit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent amendments issued since June 2016. These updates are codified in Accounting Standards Codification (ASC) Topic 326, Financial InstrumentsCredit Losses (FASB ASC Topic 326). This proposed interagency policy statement describes the measurement of expected credit losses under the current expected credit losses (CECL) methodology and the accounting for impairment on available-for-sale (AFS) debt securities in accordance with FASB ASC Topic 326; supervisory expectations for designing, documenting, and validating expected credit loss estimation processes, including the internal controls over these processes; maintaining appropriate ACLs; the responsibilities of boards of directors and management; and examiner reviews of ACLs.

Notice is hereby given of the following open public event of the U.S.-China Economic and Security Review Commission. The Commission is mandated by Congress to investigate, assess, and report to Congress annually on ``the national security implications of the economic relationship between the United States and the People's Republic of China.'' Pursuant to this mandate, the Commission will hold a public release of its 2019 Annual Report to Congress in Washington, DC on November 14, 2019.

Notice is hereby given that the U.S. International Trade Commission (``Commission'') has determined not to review an initial determination (``ID'') (Order No. 12) that grants an unopposed motion to amend the complaint and notice of investigation to substitute new respondents Dell Inc. and Dell Products LP for original respondent Dell Technologies Inc. in the above-identified investigation.

On October 9, 2019, the Postal Service (USPS[supreg]) filed a notice of mailing services price adjustments with the Postal Regulatory Commission (PRC), effective January 26, 2020. This proposed rule contains the revisions to Mailing Standards of the United States Postal Service, Domestic Mail Manual (DMM[supreg]) that we would adopt to implement the changes coincident with the price adjustments.

The U.S. Nuclear Regulatory Commission (NRC) has recently submitted a request for renewal of an existing collection of information to the Office of Management and Budget (OMB) for review. The information collection is entitled, ``NRC Forms 542 and 542A, Uniform Low-Level Radioactive Waste Manifest (Index and Regional Compact Tabulation) and Continuation Page.''

The Advisory Committee on Bankruptcy Rules have proposed amendments to the following rules and forms: Interim Bankruptcy Rules: 1007(b), 1007(h), 1020, 2009, 2012(a), 2015, 3010(b), 3011, and 3016; and Bankruptcy Forms: 101, 201, 309E, 309E2, 309F, 309F2, 314, 315, and 425A.

Notice is hereby given that a complaint was filed with the U.S. International Trade Commission on August 9, 2019, under section 337 of the Tariff Act of 1930, as amended, on behalf of Innovation Sciences LLC of Plano, Texas. A supplement to the complaint was filed on August 26, 2019. The complaint alleges violations of section 337 based upon the importation into the United States, the sale for importation, and the sale within the United States after importation of certain wireless communication devices, and related components thereof by reason of infringement of certain claims of U.S. Patent No. 10,136,179 (``the '179 patent'') and U.S. Patent No. 10,104,425 (``the '425 patent''). The complaint further alleges that an industry in the United States exists as required by the applicable Federal Statute. The complainant requests that the Commission institute an investigation and, after the investigation, issue a limited exclusion order and a cease and desist orders.

The Commission is acknowledging a recent Postal Service filing concerning changes to the Priority Mail Express International (PMEI) product description in the Mail Classification Schedule. This document informs the public of the filing, invites public comment, and takes other administrative steps.