[Federal Register Volume 77, Number 151 (Monday, August 6, 2012)]
[Notices]
[Pages 46761-46762]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-19059]


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FEDERAL RESERVE SYSTEM


Information Collection To Be Submitted to OMB for Review and 
Approval

AGENCY: Board of Governors of the Federal Reserve System (Board).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (44 U.S.C. chapter 35), the Office of the Comptroller of 
the Currency (OCC), the Board, and the Federal Deposit Insurance 
Corporation (FDIC) (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.
    On May 17, 2012, the Board, under the auspices of the Federal 
Financial Institutions Examination Council (FFIEC) and on behalf of the 
agencies, published a notice in the Federal Register (77 FR 29345) 
requesting public comment on the extension, without revision, of the 
Country Exposure Report for U.S. Branches and Agencies of Foreign Banks 
(FFIEC 019; OMB No. 7100-0213), which is a currently approved 
information collection. The comment period for this notice expired on 
July 16, 2012. No comments were received. The Board hereby gives notice 
that it plans to submit to OMB on behalf of the agencies a request for 
approval of the FFIEC 019.

DATES: Comments must be submitted on or before September 5, 2012.

ADDRESSES: Interested parties are invited to submit written comments to 
the agency listed below. All comments should refer to the OMB control 
number(s) and will be shared among the agencies.
    You may submit comments, which should refer to ``Country Exposure 
Report for U.S. Branches and Agencies of Foreign Banks, 7100-0213,'' by 
any of the following methods:
     Agency Web Site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments on the http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include 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 
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper in Room MP-500 
of the Board's Martin Building (20th and C Streets NW.) between 9:00 
a.m. and 5:00 p.m. on weekdays.
    Additionally, commenters may send a copy of their comments to 
Shagufta Ahmed, OMB Desk Officer, by mail to the Office of Information 
and Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, 725 17th Street NW., Washington, 
DC 20503 or by fax to 202-395-6974.

FOR FURTHER INFORMATION CONTACT: Additional information or a copy of 
the collection may be requested from Cynthia Ayouch, Federal Reserve 
Board Clearance Officer, (202) 452-3829, Division of Research and 
Statistics, Board of Governors of the Federal Reserve System, 20th and 
C Streets NW., Washington, DC 20551. Telecommunications Device for the 
Deaf (TDD) users may call (202) 263-4869.

SUPPLEMENTARY INFORMATION:

Request for Comment on Information Collection Proposal

    Comments are invited on all aspects of this information collection, 
including:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the agencies' functions, including whether 
the information has practical utility;

[[Page 46762]]

    b. The accuracy of the agencies' estimate of the burden of the 
proposed 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;
    d. Ways to minimize the burden of information collection on 
respondents, including through 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.

Proposal To Extend for Three Years, Without Revision, the Following 
Currently Approved Collection of Information

    Report Title: Country Exposure Report for U.S. Branches and 
Agencies of Foreign Banks.
    Form Number: FFIEC 019.
    OMB Number: 7100-0213.
    Frequency of Response: Quarterly.
    Affected Public: U.S. branches and agencies of foreign banks.
    Estimated Number of Respondents: 168.
    Estimated Average Time per Response: 10 hours.
    Estimated Total Annual Burden: 6,720 hours.
    General Description of Report: This information collection is 
mandatory: 12 U.S.C. 3906 for all agencies; 12 U.S.C. 3105 and 3108 for 
the Board; sections 7 and 10 of the Federal Deposit Insurance Act (12 
U.S.C. 1817, 1820) for the FDIC; and the National Bank Act (12 U.S.C. 
161) for the OCC. This information collection is given confidential 
treatment under the Freedom of Information Act (5 U.S.C. 552(b)(8)).
    Abstract: All individual U.S. branches and agencies of foreign 
banks that have more than $30 million in direct claims on residents of 
foreign countries must file the FFIEC 019 report quarterly. Currently, 
all respondents report adjusted exposure amounts to the five largest 
countries having at least $20 million in total adjusted exposure. The 
agencies collect this data to monitor the extent to which such branches 
and agencies are pursuing prudent country risk diversification policies 
and limiting potential liquidity pressures. No changes are proposed to 
the FFIEC 019 reporting form or instructions.

Board of Governors of the Federal Reserve System, July 31, 2012.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2012-19059 Filed 8-3-12; 8:45 am]
BILLING CODE 6210-01-P