[Federal Register Volume 69, Number 109 (Monday, June 7, 2004)]
[Notices]
[Pages 31821-31823]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-12728]


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FEDERAL RESERVE SYSTEM

[Docket No. OP-1201]


Privacy Act of 1974; Notice of Amendment of System of Records

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice: amendment of systems of records.

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SUMMARY: In accordance with the Privacy Act, the Board of Governors of 
the Federal Reserve System (Board) is amending one system of records, 
entitled Federal Reserve Bank and Branch Directors (BGFRS-14), and 
removing another system of records, entitled Personnel Background 
Investigation Reports (BGFRS-2). We invite public comment on this 
publication.

DATES: Comment must be received on or before July 7, 2004.

ADDRESSES: You may submit comments, identified by Docket No. OP-1201, 
by any of the following methods:
    [bul] Agency Web Site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.

[[Page 31822]]

    [bul] Federal Rulemaking Portal: http://www.regulations.gov. Follow 
the instructions for submitting comments.
    [bul] E-mail: [email protected]. Include docket 
number in the subject line of the message.
    [bul] FAX: 202/452-3819 or 202/452-3102.
    [bul] Mail: Jennifer J. Johnson, Secretary, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, N.W., 
Washington, DC 20551.
    All public comments are available from the Board's web site at 
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, 
except as necessary for technical reasons. Accordingly, your comments 
will not be edited to remove any identifying or contact information. 
Public comments may also be viewed electronically or in paper in Room 
MP-500 of the Board's Martin Building (20th and C Streets, N.W.) 
between 9:00 a.m. and 5:00 p.m. on weekdays.

FOR FURTHER INFORMATION CONTACT: Elaine M. Boutilier, Managing Senior 
Counsel, (202/452-2418), Legal Division. For the hearing impaired only, 
contact Telecommunications Device for the Deaf (TDD)(202/263-4869).

SUPPLEMENTARY INFORMATION: These two systems have not been updated for 
several years. The system entitled Personnel Background Investigation 
Reports (BGFRS-2) covers records contained in OPM/CENTRAL-9, which is a 
government-wide system maintained by the Office of Personnel 
Management. Accordingly, the Board's system is being removed as 
duplicative and unnecessary.
    The Federal Reserve Bank and Branch Directors system is being 
amended to reflect changes in storage methods and other procedures and 
to include appropriate routine uses.
    In accordance with 5 U.S.C. 552a(r), a report of these amended 
systems of records is being filed with the President of the Senate, the 
Speaker of the House of Representatives, and the Director of the Office 
of Management and Budget. These amendments will become effective on 
July 26, 2004, without further notice, unless the Board publishes a 
notice to the contrary in the Federal Register.
    Accordingly, the system of records entitled Personnel Background 
Investigation Reports (BGFRS-2) is removed, and the system of records 
entitled Federal Reserve Bank and Branch Directors (BGFRS-14) is 
amended as follows.
BGFRS 14

System Name:
    Federal Reserve Bank and Branch Directors

System Location:
    Board of Governors of the Federal Reserve System, 20th and 
Constitution, NW, Washington, DC 20551

Categories of individuals covered by the system:
    Past and present Federal Reserve Bank and Branch directors.

Categories of records in the system:
    Biographical sketches or resumes of Federal Reserve Bank and Branch 
directors, appointment and acceptance letters, oaths of office, and 
letters of resignation.

Authority for maintenance of the system:
    Sections 3, 4 and 11 of the Federal Reserve Act (12 USC Sec. Sec.  
521; 301 - 305; and 248(f)).

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses.
    a. To disclose pertinent information to the appropriate federal, 
state, or local agency responsible for investigation, prosecuting, 
enforcing, or implementing a statute, rule, regulation, or order, where 
the Board becomes aware of an indication of a violation or potential 
violation of civil or criminal law or regulation.
    b. To disclose information to another federal agency, to a court, 
or to a party in litigation before a court or in an administrative 
proceeding being conducted by a federal agency when the Board or 
Federal government is a party to the judicial or administrative 
proceeding.
    c. To provide information to a congressional office from the record 
of an individual in response to an inquiry from that congressional 
office made at the request of that individual.
    d. To disclose, in response to a request for discovery or for 
appearance of a witness, information that is relevant to the subject 
matter involved in a pending judicial or administrative proceeding.
    e. To disclose information to officials of state or local bar 
associations or disciplinary boards or committees when they are 
investigating complaints against attorneys in connection with their 
representation of a party before the Board, Equal Employment 
Opportunity Commission, or a court.
    f. To disclose information to any source from which additional 
information is requested (to the extent necessary to identify the 
individual, inform the source of the purpose(s) of the request, and to 
identify the type of information requested), when necessary to obtain 
information relevant to a Board decision to issue a security clearance, 
conduct a security or suitability investigation of an individual, 
classify jobs, let a contract, or issue a license, grant, or other 
benefits.
    g. To disclose to a Federal Reserve Bank or a federal agency in the 
executive, legislative, or judicial branch of government, in response 
to its request information in connection with the hiring of an 
employee, the issuance of a security clearance, the conducting of a 
security or suitability investigation of an individual, the classifying 
of jobs, or the lawful statutory, administrative, or investigative 
purpose of the Federal Reserve Bank or agency to the extent that the 
information is relevant or necessary to the requesting Federal Reserve 
Bank's or agency's decision or action.
    h. To disclose information to Federal Reserve Banks, contractors, 
or agents in connection with work performed on behalf of the Board.
    i. To disclose information to the National Archives and Records 
Administration in connection with records management inspections and 
its role as Archivist.

Policies and practices for storing, retrieving, accessing, retaining 
and disposing of records in the system.
    Storage. In paper and electronic format.
    Retrievability. Indexed by name, Federal Reserve district and class 
of director.
    Safeguards. Paper copies are locked in file cabinets. Access to 
both paper copies and electronic information is limited to authorized 
Board staff.
    Retention and disposal. Files are to be retained a minimum of five 
years, and then destroyed when no longer needed for administrative or 
reference purposes.

System manager(s) and address:
    Secretary of the Board, Board of Governors of the Federal Reserve 
System, 20th and Constitution, NW, Washington, DC 20551.

Notification procedure:
    Inquiries should be sent to the Secretary of the Board, Board of 
Governors of the Federal Reserve System, 20th and Constitution Avenue, 
N.W., Washington, DC 20551. The request should contain the individual's 
name, approximate date of record, applicable Federal Reserve district, 
and type of director position.

[[Page 31823]]

Record access procedures:
    Same as ``Notification procedure'' above.

Contesting record procedures:
    Same as ``Notification procedure'' above.

Record source categories:
    Generated by individual's incoming correspondence and staff 
response thereto.

Systems exempted from certain provisions of the act.
    None

    By order of the Board of Governors of the Federal Reserve 
System, June 1, 2004.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 04-12728 Filed 6-4-04; 8:45 am]
BILLING CODE 6210-01-S