[Federal Register Volume 78, Number 225 (Thursday, November 21, 2013)]
[Notices]
[Pages 69933-69934]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-27961]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
November 18, 2013.
The Department of the Treasury will submit the following
information collection requests to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, Public Law 104-13, on or after the date of
publication of this notice.
DATES: Comments should be received on or before December 23, 2013 to be
assured of consideration.
ADDRESSES: Send comments regarding the burden estimate, or any other
aspect of the information collection, including suggestion for reducing
the burden, to (1) Office of Information and Regulatory Affairs, Office
of Management and Budget, Attention: Desk Officer for Treasury, New
Executive Office Building, Room 10235, Washington, DC 20503, or email
at [email protected] and (2) Treasury PRA Clearance Officer,
1750 Pennsylvania Ave. NW., Suite 8140, Washington, DC 20220, or email
at [email protected].
FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be
obtained by calling (202) 927-5331, email at [email protected], or the
entire information collection request maybe found at www.reginfo.gov.
Office of Financial Stability (OFS)
OMB Number: 1505-0209.
Type of Review: Revision of a currently approved collection.
Title: Troubled Asset Relief Program--Conflicts of Interest.
Abstract: Authorized under the Emergency Economic Stabilization Act
(EESA) of 2008 (Pub. L. 110-343), as amended by the American Recovery
and Reinvestment Act (ARRA) of 2009, the Department of the Treasury has
implemented aspects of the Troubled Asset Relief Program (TARP) by
codifying section 108 of EESA. Title 31 CFR part 31, TARP Conflict of
Interest, sets forth the process for reviewing and addressing actual or
potential conflicts of interest among any individuals or entities
seeking or having a contract or financial agency agreement with the
[[Page 69934]]
Treasury for services under EESA. The information collection required
by this part will be used to evaluate and minimize real and apparent
conflicts of interest related to contractual or financial agent
agreement services performed under TARP.
Affected public: Private Sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 1,292.
OMB Number: 1505-0219.
Type of Review: Revision of a currently approved collection.
Title: TARP Capital Purchase Program--Executive Compensation.
Abstract: Authorized under the Emergency Economic Stabilization Act
of 2008 (EESA), Public Law 110-343, as amended by the American Recovery
and Reinvestment Act of 2009 (ARRA), Public Law 111-5, the Department
of the Treasury established the Troubled Asset Relief Program (TARP) to
purchase, and to make and fund commitments to purchase, troubled assets
from any financial institution on such terms and conditions determined
by the Secretary. Section 111 of EESA, as amended by ARRA, provides
that certain entities receiving financial assistance from Treasury
under TARP will be subject to specified executive compensation and
corporate governance standards established by the Secretary. These
standards were set forth in the interim final rule published on June
15, 2009 (74 FR 28394), as corrected on December 7, 2009 (74 FR 63990)
(the Interim Final Rule). The standards implemented in the Interim
Final Rule require that TARP recipients submit certain information
pertaining to their executive compensation and corporate governance
practices.
Affected public: Private sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 6,951.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2013-27961 Filed 11-20-13; 8:45 am]
BILLING CODE 4810-25-P