[Federal Register Volume 74, Number 247 (Monday, December 28, 2009)]
[Notices]
[Pages 68622-68623]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-30604]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Renewal of a Currently 
Approved Collection; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the FDIC 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 FDIC hereby gives notice that it 
is seeking public comment on renewal of its ``Foreign Banks'' 
information collection (OMB No. 3064-0114). At the end of the comment 
period, any comments and recommendations received will be analyzed to 
determine the extent to which the FDIC should modify the collection 
prior to submission to OMB for review and approval.

DATES: Comments must be submitted on or before February 26, 2010.

ADDRESSES: Interested parties are invited to submit written comments. 
All comments should refer to the name of the collection. Comments may 
be submitted by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html.
     E-mail: [email protected].
     Mail: Leneta G. Gregorie (202.898.3719), Counsel, Federal 
Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 
20429.
     Hand Delivery: 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.
    A copy of the comments may also be submitted to the FDIC Desk 
Officer, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 
Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: For further information about the 
information collection discussed in this notice, please contact Leneta 
G. Gregorie, by telephone at (202) 898-3719 or by mail at the address 
identified above.

SUPPLEMENTARY INFORMATION: The FDIC is proposing to renew, without 
change, the following information collection.
    Title: Foreign Banks.
    Estimated Number of Respondents and Burden Hours:

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                                                     Hours per       Number of
                 FDIC collection                     response       respondents   Times per year   Burden hours
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Application to move a branch....................            8                  1               1               8
Application for consent to operate a noninsured             8                  1               1               8
 branch.........................................
Application to conduct activities...............            8                  1               1               8
Recordkeeping...................................          120                 10               1           1,200

[[Page 68623]]

 
Pledge of assets:
    Records.....................................            0.25              10               4              10
    Reports.....................................            2                 10               4              80
                                                 ---------------------------------------------------------------
        Total Burden............................  ..............  ..............  ..............           1,314
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    General Description of Collection: The collection involves 
information obtained in connection with applications for consent to 
move an insured state-licensed branch of a foreign bank (12 CFR 
303.184); applications to operate as a noninsured state-licensed branch 
of a foreign bank (12 CFR 303.186); applications from an insured state-
licensed branch of a foreign bank to conduct activities which are not 
permissible for a federally-licensed branch (12 CFR 303.187); internal 
recordkeeping requirements for such branches (12 CFR 347.209(e)(4)); 
and reporting and recordkeeping requirements relating to the pledge of 
assets by such branches (12 CFR 347.209(e)(4) and (e)(6).
    Current Action: The FDIC is proposing to renew the existing 
information collection without change, with the exception of an 
adjustment of -258 hours to reflect a slight decrease in the number of 
respondents.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimate of the burden of the information collection, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the burden of the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the 
collection should be modified prior to submission to OMB for review and 
approval. Comments submitted in response to this notice also will be 
summarized or included in the FDIC's request to OMB for renewal of the 
information collection. All comments will become a matter of public 
record.

    Dated at Washington, DC, this 22nd day of December 2009.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E9-30604 Filed 12-24-09; 8:45 am]
BILLING CODE 6714-01-P