[Federal Register Volume 79, Number 95 (Friday, May 16, 2014)]
[Notices]
[Pages 28597-28598]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-11393]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; General Reporting and Recordkeeping
Requirements by Savings Associations
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
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SUMMARY: The OCC, 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 a continuing
information collection, as required by the Paperwork Reduction Act of
1995 (PRA).
An agency may not conduct or sponsor, and a respondent is not
required to respond to, an information collection unless it displays a
currently valid Office of Management and Budget (OMB) control number.
The OCC is soliciting comment concerning renewal of its information
collection titled, ``General Reporting and Recordkeeping Requirements
by Savings Associations.'' The OCC is also giving notice that it has
sent the collection to OMB for review.
DATES: Comments must be submitted on or before June 16, 2014.
ADDRESSES: Because paper mail in the Washington, DC area and at the OCC
is subject to delay, commenters are encouraged to submit comments by
email if possible. Comments may be sent to: Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency,
Attention: 1557-0266, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-
11, Washington, DC 20219. In addition, comments may be sent by fax to
(571) 465-4326 or by electronic mail to [email protected].
You may personally inspect and photocopy comments at the OCC, 400 7th
Street SW., Washington, DC 20219. For security reasons, the OCC
requires that visitors make an appointment to inspect comments. You may
do so by calling (202) 649-6700. Upon arrival, visitors will be
required to present valid government-issued photo identification and to
submit to security screening in order to inspect and photocopy
comments.
All comments received, including attachments and other supporting
materials, are part of the public record and subject to public
disclosure. Do not enclose any information in your comment or
supporting materials that you consider confidential or inappropriate
for public disclosure.
Additionally, please send a copy of your comments by mail to: OCC
Desk Officer, 1557-0266, U.S. Office of Management and Budget, 725 17th
Street NW., 10235, Washington, DC 20503, or by email to: oira
[email protected].
FOR FURTHER INFORMATION CONTACT: Johnny Vilela or Mary H. Gottlieb, OCC
Clearance Officers, (202) 649-5490, for persons who are deaf or hard of
hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities
Division, Office of the Comptroller of the Currency, 400 7th Street
SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal
agencies must obtain approval from the OMB for each collection of
information they conduct or sponsor. ``Collection of information'' is
defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency
requests or requirements that members of the public submit reports,
keep records, or provide information to a third party.
The OCC is proposing to extend OMB approval of the following
information collection:
Title: General Reporting and Recordkeeping Requirements by Savings
Associations.
OMB Control No.: 1557-0266.
Type of Review: Regular review.
Abstract: This information collection relates to reports and
records required by the following regulations:
12 CFR 152.11 (books and records, Federal stock
associations);
12 CFR 145.96(c) (agency business records, Federal stock
associations);
12 CFR 144.8 (communications between members of a Federal
mutual savings association);
12 CFR 162.1 (regulatory reporting requirements, each
Federal savings association and its affiliates);
12 CFR 163.1 (chartering documents, each Federal savings
association);
12 CFR 163.47(e) (pension plans, each Federal savings
association or service corporation);
12 CFR 172.6(b) (standard flood hazard determination form,
each Federal savings association);
12 CFR 162.4 (audit of Federal savings association,
savings and loan holding company, or affiliate); and
12 CFR 163.76(c) (offers and sales of securities of a
Federal savings association or its affiliates in any office of the
savings association).
[[Page 28598]]
Federal savings associations use these required reports and records
for internal management control purposes and examiners use them to
determine whether Federal savings associations are being operated
safely, soundly, and in compliance with regulations. The absence of
these reporting and record keeping requirements would make it difficult
for institutions to establish prudent internal controls and limit the
ability of examiners to determine the accurate performance and
condition of Federal savings associations.
Affected Public: Businesses or other for-profit.
Burden Estimates:
Estimated Number of Respondents: 500.
Estimated Total Burden: 68,345 hours.
Frequency of Response: On occasion.
Comments: The OCC issued a Federal Register notice regarding the
collection for 60 days of comment on February 14, 2014. 79 FR 9044. No
comments were received. Comments continue to be invited on:
(a) Whether the collections of information are necessary for the
proper performance of the OCC's functions, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimates of the burden of the
information collections, including the validity of the methodology and
assumptions used;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of information collections on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: May 12, 2014.
Stuart E. Feldstein,
Director, Legislative and Regulatory Activities Division.
[FR Doc. 2014-11393 Filed 5-15-14; 8:45 am]
BILLING CODE 4810-33-P