[Federal Register Volume 79, Number 144 (Monday, July 28, 2014)]
[Notices]
[Pages 43823-43824]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-17719]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Comment Request; Electronic Operations
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). In accordance with the requirements of the PRA, the OCC may
not conduct or sponsor, and the 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, ``Electronic Operations.''
DATES: Comments must be submitted on or before September 26, 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: 1557-0301, 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,
[[Page 43824]]
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.
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 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. Section
3506(c)(2)(A) of the PRA (44 U.S.C. 3506(c)(2)(A)) requires Federal
agencies to publish a 60-day notice in the Federal Register concerning
each proposed collection of information, including each proposed
extension of an existing collection of information, before submitting
the collection to OMB for approval. To comply with this requirement,
the OCC is publishing notice of its intention to renew the collection
of information set forth in this document.
The OCC is proposing to extend OMB approval of this collection for
three years:
Title: Electronic Operations.
OMB Control No.: 1557-0301.
Frequency of Response: On occasion.
Affected Public: Business or other for-profit.
Number of Respondents: 15.
Burden per Respondent: 2 hours.
Total Burden: 30 hours.
Description: Twelve CFR part 155 provides that Federal savings
associations may use, or participate with others to use, electronic
means or facilities to perform any function, or provide any product or
service, as part of an authorized activity. Electronic means or
facilities include, but are not limited to, automated teller machines,
automated loan machines, personal computers, the Internet, the World
Wide Web, telephones, and other similar electronic devices. The
regulation requires each savings association to notify the OCC at least
30 days before establishing a transactional Web site. A transactional
Web site is an Internet site that enables users to conduct financial
transactions such as accessing an account, obtaining an account
balance, transferring funds, processing bill payments, opening an
account, applying for or obtaining a loan, or purchasing other
authorized products or services. Savings associations that present
supervisory or compliance concerns may be subject to additional
procedural requirements.
This information collection facilitates the OCC's ability to
identify industry technology trends and better understand emerging
technologies. The information is collected transactionally and is used
to ensure that safety and soundness requirements are being met.
Comments submitted in response to this notice will be summarized
and included in the request for OMB approval. All comments will become
a matter of public record. Comments are 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; and
(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.
Dated: July 22, 2014.
Stuart E. Feldstein,
Director, Legislative and Regulatory Activities Division.
[FR Doc. 2014-17719 Filed 7-25-14; 8:45 am]
BILLING CODE 4810-33-P