[Federal Register Volume 78, Number 39 (Wednesday, February 27, 2013)]
[Notices]
[Page 13341]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-04438]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Comment Request; Purchaser Eligibility Certification
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to take this opportunity to comment on revision of an existing
information collection, as required by the Paperwork Reduction Act of
1995 (44 U.S.C. chapter 35). On December 18, 2012 (77 FR 74847), the
FDIC requested comment for 60 days on a proposal to revise its
Purchaser Eligibility Certification information collection, which is
currently approved under OMB Control No. 3064-0135. No comments were
received on the proposal. The FDIC hereby gives notice of its plan to
submit to OMB a request to approve revision of the collection.
DATES: Comments must be submitted on or before March 29, 2013.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
http://www.FDIC.gov/regulations/laws/federal/notices.html.
Email: [email protected]. Include the name of the
collection in the subject line of the message.
Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room NY-
5050, Federal Deposit Insurance Corporation, 550 17th Street NW.,
Washington, DC 20429.
Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street Building (located on F Street),
on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Leneta G. Gregorie, at the FDIC
address above.
SUPPLEMENTARY INFORMATION: Proposal to revise the following currently
approved collection of information:
Title: Asset Purchaser Eligibility Certification.
OMB Number: 3064-0135.
Form Number: FDIC 7300/06, ``Purchaser Eligibility Certification'';
7300/07, ``Pre-Qualification Request''; and 7300/08, ``Contact
Information Form''.
Frequency of Response: On occasion.
Affected Public: Business or other financial institutions.
Estimated Number of Respondents: 600.
Estimated Time per Response: 1.0 hour (Purchaser Eligibility
Certification, 30 minutes; Pre-Qualification Request, 20 minutes; and
Contact Information Form, 10 minutes).
Total Annual Burden: 600 hours.
General Description of Collection: The FDIC uses the Purchaser
Eligibility Certification form, FDIC Form No. 7300/06, to identify
prospective bidders who are not eligible to purchase assets of failed
institutions from the FDIC. Specifically, section 11(p) of the Federal
Deposit Insurance Act prohibits the sale of assets of failed
institutions to certain individuals or entities that profited or
engaged in wrongdoing at the expense of those failed institutions, or
seriously mismanaged those failed institutions. The FDIC is proposing
to update the Privacy Act Statement in the Purchaser Eligibility
Certification form. In addition, the FDIC is proposing to add two forms
to the Purchaser Eligibility Certification information collection: the
Pre-Qualification Request form, FDIC Form No. 7300/07, is designed to
determine which prospective bidders are qualified to bid on particular
types of assets offered by the FDIC (e.g., securities, mortgage
servicing portfolios, shared national credits. Interests in structured
transactions, credit card receivables) for which no further
qualification criteria are required to be met and to ensure that
prospective bidders understand the terms and conditions of asset sales;
and the Contact Information Form, FDIC Form No. 7300/08, determines the
type of assets a prospective bidder is interested in and facilitates
communication with the prospective bidder. A link to copies of the
forms can be found directly beneath this notice on the FDIC's Federal
Register Citations Web page at: http://www.fdic.gov/regulations/laws/
federal/notices.html.
Request for Comment
Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the 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; and (d) ways to minimize the burden of the information
collection on respondents, including through the use of automated
collection techniques or other forms of information technology. All
comments will become a matter of public record.
Dated at Washington, DC, this 21st day of February 2013.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2013-04438 Filed 2-26-13; 8:45 am]
BILLING CODE 6714-01-P