[Federal Register Volume 76, Number 104 (Tuesday, May 31, 2011)]
[Notices]
[Page 31334]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-13323]


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FEDERAL RESERVE SYSTEM


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

SUMMARY: Background. Notice is hereby given of the final approval of 
proposed information collection 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 Paperwork Reduction Act Submission, 
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: Acting Federal Reserve Board Clearance 
Officer--Cynthia Ayouch--Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202-452-
3829). Telecommunications Device for the Deaf (TDD) users may contact 
(202-263-4869), Board of Governors of the Federal Reserve System, 
Washington, DC 20551.
    OMB Desk Officer--Shagufta Ahmed--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Report

    Report title: The Recordkeeping and Disclosure Requirements 
Associated with the Guidance on Response Programs for Unauthorized 
Access to Customer Information.
    Agency form number: FR 4100.
    OMB control number: 7100-0309.
    Frequency: Develop customer notice, one-time; Incident 
notification, event-generated.
    Reporters: Financial institutions.
    Estimated annual reporting hours: Develop response program, 2,544 
hours; Incident notification, 2,952 hours.
    Estimated average hours per response: Develop response program, 24 
hours; Incident notification, 36 hours.
    Number of respondents: Develop response program, 106; Incident 
notification, 82.
    General description of report: This information collection is 
mandatory (15 U.S.C. 6801(b)). Since the Federal Reserve does not 
collect information associated with the FR 4100, confidentiality would 
not generally be an issue. However, confidentiality issues may arise if 
the Federal Reserve were to obtain a copy of a customer notice during 
the course of an examination or were to receive a copy of a Suspicious 
Activity Report (SAR; FR 2230; OMB No. 7100-0212). In such cases the 
information would be exempt from disclosure to the public under the 
Freedom of Information Act (5 U.S.C. 552(b)(3), (4), and (8)). Also, a 
federal employee is prohibited by law from disclosing an SAR or the 
existence of an SAR (31 U.S.C. 5318(g)).
    Abstract: The FR 4100 is the information collection associated with 
the Interagency Guidance on Response Programs for Unauthorized Access 
to Customer Information and Customer Notice (security guidelines), 
which was published in the Federal Register in March 2005 (70 FR 
15736). Trends in customer information theft and the accompanying 
misuse of that information led to the issuance of these security 
guidelines applicable to financial institutions. The security 
guidelines are designed to facilitate timely and relevant notification 
to affected customers and the appropriate regulatory authority of the 
financial institutions. The security guidelines provide specific 
direction regarding the development of response programs and customer 
notifications.
    Current Actions: On March 18, 2011, the Federal Reserve published a 
notice in the Federal Register (76 FR 14971) requesting public comment 
for 60 days on the extension, without revision, of the FR 4100. The 
comment period for this notice expired on May 17, 2011.
    The Federal Reserve did not receive any comments.

    Board of Governors of the Federal Reserve System, May 25, 2011.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 2011-13323 Filed 5-27-11; 8:45 am]
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