[Federal Register Volume 78, Number 208 (Monday, October 28, 2013)]
[Notices]
[Page 64216]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-25341]
[[Page 64216]]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collections
Renewal; Comment Request
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 the renewal of existing
information collections, as required by the Paperwork Reduction Act of
1995 (44 U.S.C. chapter 35). On August 22, 2013, (78 FR 52194), the
FDIC requested comment for 60 days on a proposal to renew the following
information collections: Interagency Guidance on Asset Securitization,
3064-0137, and The Interagency Statement on Sound Practices Concerning
Complex Structured Finance Transactions, 3064-0148. No comments were
received. The FDIC hereby gives notice of its plan to submit to OMB a
request to approve the renewal of these collections, and again invites
comment on this renewal.
DATES: Comments must be submitted on or before November 27, 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: Gary A. Kuiper (202.898.3877), Counsel, Room NYA-
5046, 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: Gary A. Kuiper, at the FDIC address
above.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following currently-approved collections of
information:
1. Title: Interagency Guidance on Asset Securitization.
OMB Number: 3064-0137.
Form Number: None.
Frequency of Response: On occasion.
Affected Public: Insured State Nonmember Banks.
Estimated Number of Respondents: 22
Estimated Time per Response: 7.5 hours.
Total estimated annual burden: 164 hours
General Description of Collection: The Interagency Guidance on
Asset Securitization Activities informs bankers and examiners of safe
and sound practices regarding asset securitization. The information
collections contained in the Interagency Guidance are needed by
institutions to manage their asset securitization activities in a safe
and sound manner. Bank managements use this information as the basis
for the safe and sound operation of their asset securitization
activities and to ensure that they minimize operational risk in these
activities.
2. The Interagency Statement on Sound Practices Concerning Complex
Structured Finance Transactions
OMB Number: 3064-0148.
Form Number: None.
Frequency of Response: Annual.
Affected Public: Insured State Nonmember Banks.
Estimated Number of Respondents: 6
Estimated Time per Response: 25 hours.
Total estimated annual burden: 150 hours.
General Description of Collection: The Interagency Statement on
Sound Practices Concerning Complex Structured Finance Transactions
describes the types of internal controls and risk management procedures
that the Agencies believe are particularly effective in assisting
financial institutions to identify and address the reputational, legal,
and other risks associated with complex structured finance
transactions.
Request for Comment
Comments are invited on: (a) Whether the collections of information
are 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 23rd day of October, 2013.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2013-25341 Filed 10-25-13; 8:45 am]
BILLING CODE 6714-01-P