[Federal Register Volume 68, Number 89 (Thursday, May 8, 2003)]
[Notices]
[Pages 24741-24742]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-11426]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

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

ACTION: Joint notice and request for comment.

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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 and the Board (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 Office of Management and Budget (OMB) control number. 
The Federal Financial Institutions Examination Council (FFIEC), of 
which the agencies are members, has approved the agencies' publication 
for public comment to extend, without revision, the following currently 
approved information collection titled,``Foreign Branch Report of 
Condition (FFIEC 030).'' At the end of the comment period, the comments 
and recommendations received will be analyzed to determine whether the 
FFIEC and the agencies should modify the information collection. The 
agencies will then submit the report to OMB for review and approval. 
The Federal Deposit Insurance Corporation, also a member of the FFIEC, 
concurs with this proposal to extend without revision as noted in a 
separate Federal Register notice (68 FR 19452) published April 21, 
2003.

DATES: Comments must be submitted on or before July 7, 2003.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments should refer to the OMB 
control number(s) and will be shared among the agencies.
    OCC: Comments should be sent to the Public Information Room, Office 
of the Comptroller of the Currency, Mailstop 1-5, Attention: 1557-0099, 
250 E Street, S.W., Washington, DC 20219. Due to delays in paper mail 
delivery in the Washington area, commenters are encouraged to submit 
comments by fax or e-mail. Comments may be sent by fax to (202) 874-
4448, or by e-mail to [email protected]. You can inspect and 
photocopy the comments at the OCC's Public Information Room, 250 E 
Street, S.W., Washington, DC 20219. You can make an appointment to 
inspect the comments by calling (202) 874-5043.
    Board: Written comments, which should refer to ``Foreign Branch 
Report of Condition, 7100-0071,'' may be mailed to Ms. Jennifer J. 
Johnson, Secretary, Board of Governors of the Federal Reserve System, 
20th Street and Constitution Avenue, N.W., Washington, DC 20551. 
However, because paper mail in the Washington area and at the Board of 
Governors is subject to delay, please consider submitting your comments 
by e-mail to [email protected], or faxing them to the 
Office of the Secretary at 202-452- 3819 or 202-452-3102. Members of 
the public may inspect comments in Room MP-500 between 9:00 a.m. and 
5:00 p.m. on weekdays pursuant to 261.12, except as provided in 261.14, 
of the Board's Rules Regarding Availability of Information, 12 CFR 
261.12 and 261.14.
    A copy of the comments may also be submitted to the OMB desk 
officer for the agencies: Joseph F. Lackey, Jr., Office of Information 
and Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503 or electronic mail to 
[email protected].

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, S.W., Washington, D.C. 
20219.
    Board: Cynthia M. Ayouch, Board Clearance Officer, (202) 452-3829, 
Division of Research and Statistics, Board of Governors of the Federal 
Reserve System, 20th and C Streets, N.W., Washington, DC 20551. 
Telecommunications Device for the Deaf (TDD) users may call (202) 263-
4869.

SUPPLEMENTARY INFORMATION:

Proposal to Extend For Three Years Without Revision the Following 
Currently Approved Information Collection:

    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:

[[Page 24742]]

    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.
    General Description of Report
    These information collections are mandatory:12 U.S.C. 321, 324, and 
602 (Board); 12 U.S.C. 602 (OCC). 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.
    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, includingthrough 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: April 29, 2003.
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, May 2, 2003.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 03-11426 Filed 5-7-03; 8:45 am]
BILLING CODE 6720-01-P 1/2; 6210-01-P 1/2