[Federal Register Volume 70, Number 30 (Tuesday, February 15, 2005)]
[Notices]
[Pages 7737-7739]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-2847]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

[Docket No. 04-25]

FEDERAL RESERVE SYSTEM

[Docket No. OP-1218]

FEDERAL DEPOSIT INSURANCE CORPORATION

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

[No. 2004-57]


Shared National Credit Data Collection Modernization Extension of 
Comment Period

AGENCIES: Office of the Comptroller of the Currency, Treasury (OCC); 
Board of Governors of the Federal Reserve System (Board); the Federal 
Deposit Insurance Corporation (FDIC); and the Office of Thrift 
Supervision, Treasury (OTS) as an assisting agency.

ACTION: Request for comments; extension of comment period.

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SUMMARY: On December 20, 2004, the federal banking agencies (Board, 
FDIC, OCC, and OTS, collectively referred to as ``the Agencies'') 
published a proposal for public comment to standardize and expand the 
data collected from regulated institutions in order to improve the 
efficiency and effectiveness of Shared National Credit (SNC) 
examinations. By standardizing and expanding the collection of data, 
the Agencies will be able to use advanced credit risk analytics that 
will be beneficial to the reporting banks and the Agencies. The 
Agencies are extending the comment period to give the public additional 
time to submit comments on the proposal.

DATES: Comments must be received by April 7, 2005.

ADDRESSES: Because the Agencies will jointly review all of the comments 
submitted, interested parties may send comments to any one of the 
Agencies without the need to send comments (or copies) to all of the 
Agencies. Postal service in the Washington, DC area and

[[Page 7738]]

at the Agencies is subject to delay, so please consider submitting your 
comments by e-mail or fax. Commenters are encouraged to use the title 
``SNC Program Modernization'' to facilitate the organization and 
distribution of comments among the Agencies. Interested parties may 
submit comments to:

    OCC: You should include OCC and Docket Number 04-25 in your 
comment. You may submit comments by any of the following methods:
    Federal eRulemaking Portal: http://www.regulations.gov. Follow the 
instructions for submitting comments.
    OCC Web Site: http://www.occ.treas.gov. Click on ``Contact the 
OCC,'' scroll down and click on ``Comments on Proposed Regulations.''
    E-mail address: [email protected].
    Fax: (202) 874-4448.
    Mail: Office of the Comptroller of the Currency, 250 E Street, SW., 
Mail Stop 1-5, Washington, DC 20219.
    Hand Delivery/Courier: 250 E Street, SW., Attn: Public Information 
Room, Mail Stop 1-5, Washington, DC 20219.
    Instructions: All submissions received must include the agency name 
(OCC) and docket number or Regulatory Information Number (RIN) for this 
notice of proposed rulemaking. In general, OCC will enter all comments 
received into the docket without change, including any business or 
personal information that you provide. You may review comments and 
other related materials by any of the following methods:
    Viewing Comments Personally: You may personally inspect and 
photocopy comments at the OCC's Public Information Room, 250 E Street, 
SW., Washington, DC. You can make an appointment to inspect comments by 
calling (202) 874-5043.
    Viewing Comments Electronically: You may request e-mail or CD-ROM 
copies of comments that the OCC has received by contacting the OCC's 
Public Information Room at [email protected].
    Docket: You may also request available background documents and 
project summaries using the methods described above.
    Board: You may submit comments, identified by Docket No. OP-1218 by 
any of the following methods:
    Agency Web Site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
    Federal eRulemaking Portal: http://www.regulations.gov. Follow the 
instructions for submitting comments.
    E-mail: [email protected]. Include the docket number 
in the subject line of the message.
    Fax: (202) 452-3819 or (202) 452-3102.
    Mail: Jennifer J. Johnson, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as 
submitted, except as necessary for technical reasons. Accordingly, your 
comments will not be edited to remove any identifying or contact 
information. Public comments may also be viewed in electronic or paper 
form in Room MP-500 of the Board's Martin Building (20th and C Streets, 
NW.,) between 9 a.m. and 5 p.m. on weekdays.
    FDIC: You may submit comments by any of the following methods:
    Agency Web site: http://www.FDIC.gov/regulations/laws/federal/propose.html. Follow the instructions for submitting comments.
    E-mail: [email protected].
    Mail: Robert E. Feldman, Executive Secretary, Attention: Comments/
Legal ESS, Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
    Hand Delivered/Courier: 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.
    Public Inspection: 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.
    Instructions: Comments received will be posted without change to 
http://www.FDIC.gov/regulations/laws/federal/propose.html, including 
any personal information provided.
    OTS: You may submit comments, identified by No. 2004-57, by any of 
the following methods:
    Federal eRulemaking Portal: http://www.regulations.gov. Follow the 
instructions for submitting comments.
    E-mail address: [email protected]. Please include No. 
2004-57 in the subject line of the message and include your name and 
telephone number in the message.
    Fax: (202) 906-6518.
    Mail: Regulation Comments, Chief Counsel's Office, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552, Attention: No. 
2004-57.
    Hand Delivery/Courier: Guard's Desk, East Lobby Entrance, 1700 G 
Street, NW., from 9 a.m. to 4 p.m. on business days, Attention: 
Regulation Comments, Chief Counsel's Office, Attention: No. 2004-57.
    Instructions: All submissions received must include the agency name 
and No. 2004-57 for this Request For Comment. All comments received 
will be posted without change to the OTS Internet Site at http://www.ots.treas.gov/pagehtml.cfm?catNumber=67&an=1, including any 
personal information provided.
    Docket: For access to the docket to read background documents or 
comments received, go to http://www.ots.treas.gov/pagehtml.cfm?catNumber=67&an=1.
    In addition, you may inspect comments at the Public Reading Room, 
1700 G Street, N.W., by appointment. To make an appointment for access, 
call (202) 906-5922, send an e-mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or 
send a facsimile transmission to (202) 906-7755. (Prior notice 
identifying the materials you will be requesting will assist us in 
serving you.) We schedule appointments on business days between 10 a.m. 
and 4 p.m. In most cases, appointments will be available the next 
business day following the date we receive a request.

FOR FURTHER INFORMATION CONTACT: OCC: MaryAnn Nash, Counsel, 
Legislative and Regulatory Affairs Division (202) 874-5753; or Larry 
Winter, Director, Large Bank Supervision, 202-874-2715; or Kevin 
Satterfield, Public Reference Room Assistant, Communications Division, 
202-874-4700.
    Board: John T. Colwell, Senior Project Manager, Division of Bank 
Supervision and Regulation, (202) 728-5885. For users of 
Telecommunications Device for the Deaf (``TDD'') only, contact (202) 
263-4869.
    FDIC: William R. Baxter, Chief, Large Bank Section, Division of 
Supervision and Consumer Protection, (202) 898-8514 or 
[email protected]; Cecilia L. Barry, Senior Financial Analyst, Large 
Bank Section, Division of Supervision and Consumer Protection, (202) 
898-3506 or [email protected]; Rodney D. Ray, Counsel, Legal Division, 
(202) 898-3556 or [email protected]; or Leneta G. Gregorie, Counsel, Legal 
Division, (202) 898-3719 or [email protected].
    OTS: David W. Tate, Manager, Examination Quality Review, (202) 906-
5717.

SUPPLEMENTARY INFORMATION: On December 20, 2004, the Agencies sought 
comment on proposed changes to the data collection requirements for the

[[Page 7739]]

Shared National Credit (SNC) program.\1\ In that notice, the Agencies 
discussed their proposal to improve the efficiency and effectiveness of 
the SNC program by standardizing and expanding the data collected from 
regulated institutions. The comment period ended on February 15, 2005.
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    \1\ See Shared National Credit Data Collection Modernization, 69 
FR 76034 to 76041 (December 20, 2004).
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    The Agencies received several requests from interested parties for 
additional time in which to submit a comment on the proposal. As stated 
in the Notice, the Agencies intend to use feedback provided by 
commenters to assist us in determining the ultimate design of the 
expanded data collection process. The Agencies are extending the 
comment period to April 7, 2005 in order to maximize the opportunity 
for commenters to provide useful feedback.

    Dated: February 9, 2005.

Julie L. Williams,
Acting Comptroller of the Currency.

    By order of the Board of Governors of the Federal Reserve 
System, acting through the Director of the Division of Bank 
Supervision and Regulation under delegated authority, February 7, 
2005.
Jennifer J. Johnson,
Secretary of the Board.

    Dated at Washington, DC, this 9th day of February, 2005.

    By order of the Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.

    Dated: February 8, 2005.

    By the Office of Thrift Supervision.
James E. Gilleran,
Director.
[FR Doc. 05-2847 Filed 2-14-05; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P; 6720-01-P