[Federal Register Volume 68, Number 65 (Friday, April 4, 2003)]
[Notices]
[Pages 16515-16516]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-8173]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System

ACTION: Notice

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SUMMARY: Background. Notice is hereby given of the final approval of 
proposed information collections by the Board of Governors of the 
Federal Reserve System (Board) under OMB delegated authority, as per 5 
CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the 
Public). Board-approved collections of information are incorporated 
into the official OMB inventory of currently approved collections of 
information. Copies of the OMB 83-I's and supporting statements and 
approved collection of information instrument(s) are placed into OMB's 
public docket files. The Federal Reserve may not conduct or sponsor, 
and the respondent is not required to respond to, an information 
collection that has been extended, revised, or implemented on or after 
October 1, 1995, unless it displays a currently valid OMB control 
number.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer --Cindy Ayouch--Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202-452-
3829); OMB Desk Officer--Joseph Lackey--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503.

SUPPLEMENTARY INFORMATION:

Final approval under OMB delegated authority of the extension for three 
years, without revision, of the following report:

    Report title: Interagency Notice of Change in Bank Control, 
Interagency Notice of Change in Director or Senior Officer, and 
Interagency Biographical and Financial Report
    Agency form number: FR 2081a, FR 2081b, and FR 2018c
    OMB Control number: 7100-0134
    Frequency: On occasion
    Reporters: Financial institutions and certain of their officers and 
shareholders
    Annual reporting hours: Interagency Notice of Change in Bank 
Control-3,900 hours; Interagency Notice of Change in Director or Senior 
Officer-130 hours; Interagency Biographical and Financial Report-4,420 
hours
    Estimated average hours per response: Interagency Notice of Change 
in Bank Control-30 hours; Interagency Notice of Change in Director or 
Senior Officer-2 hours; Interagency Biographical and Financial Report-4 
hours
    Number of respondents: Interagency Notice of Change in Bank 
Control-130; Interagency Notice of Change in Director or Senior 
Officer-65; Interagency Biographical and Financial Report-1,105
    Small businesses are affected.
    General description of report: This information collection is 
mandatory (12 U.S.C. 1817(j) and 12 U.S.C. 1831(q)) and is not given 
confidential treatment.
    Abstract: The information collected assists the Federal Reserve 
Board, the Office of the Comptroller of the Currency (OCC), the Federal 
Deposit Insurance Corporation (FDIC) and the Office of Thrift 
Supervision (OTS) in fulfilling their statutory responsibilities. These 
regulatory agencies use the information to evaluate a depository 
institution's controlling ownership interests and its senior officers 
and directors. The information collected in the Interagency Notice of 
Change in Bank Control (FR 2081a) is supplied by persons proposing to 
make significant investments in bank holding companies or depository 
institutions. The information collected in the Interagency Notice of 
Change in Director or Senior Executive Officer (FR 2081b) is required 
under Section 914 of the Financial Institutions Reform, Recovery, and 
Enforcement Act of 1989 (FIRREA). The notice is completed, under 
certain circumstances, by a bank holding company or depository 
institution making changes in its board of directors or senior 
executive officers. The Interagency Biographical and Financial Report 
(FR 2081c) is not a stand-alone report; it is used as a companion 
report with other reports to gather required information about the 
individuals involved in certain types of applications and 
notifications.

[[Page 16516]]

    Board of Governors of the Federal Reserve System, March 31, 2003.

Jennifer J. Johnson
Secretary of the Board.
[FR Doc. 03-8173 Filed 4-3-03; 8:45 am]
BILLING CODE 6210-01-S