[Federal Register Volume 73, Number 19 (Tuesday, January 29, 2008)]
[Notices]
[Pages 5267-5268]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-1522]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request--Financial Management Policies--Interest Rate Risk

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before March 31, 2008.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to [email protected]. OTS 
will post comments and the related index on the OTS Internet Site at 
www.ots.treas.gov. In addition, interested persons may inspect comments 
at the Public Reading Room, 1700 G Street, and NW., by appointment. To 
make an appointment, 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.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Scott Ciardi, (202) 
906-6960, Office of Thrift Supervision, 1700 G Street, NW., Washington, 
DC 20552.

[[Page 5268]]


SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
the following information collection.
    Title of Proposal: Financial Management Policies-Interest Rate Risk
    OMB Number: 1550-0094.
    Form Numbers: N/A.
    Regulation requirement: 12 CFR parts 563.
    Description: The purpose of this collection requirement is to 
ensure that institutions are appropriately managing their exposure to 
interest rate risk. To comply with this reporting requirement, 
institutions need to maintain sufficient records for determining how 
their interest rate risk exposure is being internally monitored and 
managed, and how their exposure compares with that of other 
institutions.
    OTS uses the information in connection with a model to advise 
savings associations in OTS's supervision of their activities related 
to interest rate risk.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit:
    Estimated Number of Respondents: 832.
    Estimated Number of Responses: 832.
    Estimated Time per Respondent: 8 hours.
    Estimated Frequency of Response: Quarterly; Annually.
    Estimated Total Burden: 33,280 hours.
    Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: January 24, 2008.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. E8-1522 Filed 1-28-08; 8:45 am]
BILLING CODE 6720-01-P