[Federal Register Volume 65, Number 129 (Wednesday, July 5, 2000)]
[Notices]
[Pages 41520-41521]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-16843]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Joint Comment Request

AGENCIES: Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); and Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Submission for OMB Review; Joint Comment Request.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the FDIC 
(collectively, the ``agencies'') hereby give notice that they plan to 
submit to the Office of Management and Budget (OMB) requests for review 
of the information collections described below. The agencies may not 
conduct or sponsor, and the respondent is not required to respond to, 
an information collection unless it displays a currently valid OMB 
control number.
    On April 18, 2000, the agencies, under the auspices of the Federal 
Financial Institutions Examination Council (FFIEC), requested public 
comment for 60 days on the extension, without revision, of the 
currently approved information collections: the Foreign Branch Report 
of Condition (FFIEC 030). The agencies, however, are making a minor 
clarification to the FFIEC 030 general instructions, effective 
September 30, 2000.

DATES: Comments must be submitted on or before August 4, 2000.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments, which should refer to the OMB 
control number(s), will be shared among the agencies.
    OCC: Written comments on the FFIEC 030 should be submitted to the 
Communications Division, Office of the Comptroller of the Currency, 250 
E Street, S.W., Third Floor, Attention: 1557-0099, Washington, DC 
20219. In addition, comments may be sent by facsimile transmission to 
(202)874-5274, or by electronic mail to [email protected]. 
Comments will be available for inspection and photocopying at the OCC's 
Public Reference Room, 250 E

[[Page 41521]]

Street, SW, Washington, DC 20219 between 9 a.m. and 5 p.m. on business 
days. Appointments for inspection of comments may be made by calling 
(202) 874-5043.
    Board: Written comments on the FFIEC 030 should be addressed to 
Jennifer J. Johnson, Secretary, Board of Governors of the Federal 
Reserve System, 20th and C Streets, NW, Washington, D.C. 20551, 
submitted by electronic mail to [email protected], or 
delivered to the Board's mail room between 8:45 a.m. and 5:15 p.m., and 
to the security control room outside of those hours. Both the mail room 
and the security control room are accessible from the courtyard 
entrance on 20th Street between Constitution Avenue and C Street, N.W. 
Comments received may be inspected in room M-P-500 between 9:00 a.m. 
and 5:00 p.m., except as provided in section 261.12 of the Board's 
Rules Regarding Availability of Information, 12 CFR 261.12(a).
    FDIC: Written comments on the FFIEC 030 should be addressed to 
Robert E. Feldman, Executive Secretary, Attention: Comments/OES, 
Federal Deposit Insurance Corporation, 550 17th Street, NW, Washington, 
DC 20429. Comments may be hand-delivered to the guard station at the 
rear of the 550 17th Street Building (located on F Street), on business 
days between 7 a.m. and 5 p.m. [FAX number (202) 898-3838; Internet 
address: [email protected]]. Comments may be inspected and photocopied 
in the FDIC Public Information Center, Room 100, 801 17th Street, NW, 
Washington, DC, between 9 a.m. and 4:30 p.m. on business days.
    A copy of the comments may also be submitted to the OMB desk 
officer for the agencies: Alexander T. Hunt, Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT: Additional information or a copy of 
the collection may be requested from:
    OCC: Jessie Dunaway, OCC Clearance Officer, or Camille Dixon, (202) 
874-5090, Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 250 E Street, SW, Washington, DC 20219.
    Board: Mary M. West, Federal Reserve Board Clearance Officer, (202) 
452-3829, Division of Research and Statistics, Board of Governors of 
the Federal Reserve System, 20th and C Streets, NW, Washington, DC 
20551. Telecommunications Device for the Deaf (TDD) users may contact 
Diane Jenkins, (202) 452-3544, Board of Governors of the Federal 
Reserve System, 20th and C Streets, NW, Washington, D.C. 20551.
    FDIC: Steven F. Hanft, FDIC Clearance Officer, (202) 898-3907, 
Office of the Executive Secretary, Federal Deposit Insurance 
Corporation, 550 17th Street NW, Washington, D.C. 20429.

SUPPLEMENTARY INFORMATION:

Proposal To Extend for Three Years With Minor Instructional 
Clarifications the Following Currently Approved Collections of 
Information

    Title: Foreign Branch Report of Condition.
    Form Number: FFIEC 030.
    Frequency of Response: Annually, and quarterly for significant 
branches.
    Affected Public: Business or other for-profit.
    For OCC:
    OMB Number: 1557-0099.
    Number of Respondents: 143 annual respondents, 56 quarterly 
respondents.
    Estimated Time per Response: 3.9 burden hours.
    Estimated Total Annual Burden: 1431 burden hours.
    For Board:
    OMB Number: 7100-0071.
    Number of Respondents: 40 annual respondents, 26 quarterly 
respondents.
    Estimated Time per Response: 3.9 burden hours.
    Estimated Total Annual Burden: 468 burden hours.
    For FDIC:
    OMB Number: 3064-0011.
    Number of Respondents: 36 annual respondents, no quarterly 
respondents.
    Estimated Time per Response: 3.9 burden hours.
    Estimated Total Annual Burden: 140.4 burden hours.

General Description of Report

    These information collections are mandatory: 12 U.S.C. 321, 324, 
and 602 (Board); 12 U.S.C. 602 (OCC); and 12 U.S.C. 1828 (FDIC). These 
information collections are given confidential treatment (5 U.S.C. 
552(b)(8)). Small businesses (that is, small banks) are not affected.

Abstract

    This report contains asset and liability information for foreign 
branches of insured U.S. commercial banks and is required for 
regulatory and supervisory purposes. The information is used to analyze 
the foreign operations of U.S. commercial banks. All foreign branches 
of U.S. banks regardless of charter type file this report with the 
appropriate Federal Reserve District Bank. The Federal Reserve collects 
this information on behalf of the U.S. bank's primary federal bank 
regulatory agency.
    Current actions: The agencies did not receive any comments in 
response to the notice published in the Federal Register on April 18, 
2000, (65 FR 20847) requesting public comment on the extension without 
revision of these information collections. The agencies, however, are 
making a minor clarification to the FFIEC 030 general instructions 
regarding the treatment of intrabank transactions, effective September 
30, 2000.

Request for Comment

    Comments are invited on:
    a. Whether the information collections are necessary for the proper 
performance of the agencies' functions, including whether the 
information has practical utility;
    b. The accuracy of the agencies' 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.
    Comments submitted in response to this notice will be shared among 
the agencies. All comments will become a matter of public record. 
Written comments should address the accuracy of the burden estimates 
and ways to minimize burden including the use of automated collection 
techniques or the use of other forms of information technology as well 
as other relevant aspects of the information collection request.

    Dated: June 28, 2000.
Mark J Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.
Board of Governors of the Federal Reserve System, June 27, 2000.
Jennifer J. Johnson,
Secretary of the Board.
    Dated at Washington, D.C., this 19th day of June, 2000.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 00-16843 Filed 7-3-00; 8:45 am]
BILLING CODES 4810-33-P; 6210-01-P; 6714-01-P