[Federal Register Volume 78, Number 69 (Wednesday, April 10, 2013)]
[Notices]
[Pages 21366-21367]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-08264]


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FEDERAL RESERVE SYSTEM


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

AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: Background. Notice is hereby given of the final approval of 
proposed information collections by the Board of Governors of the 
Federal Reserve System (Board) under OMB delegated authority, 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: 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, 725 17th Street, NW.,Washington, DC 20503.
    Final approval under OMB delegated authority of the extension for 
three years, without revision, of the following reports:

[[Page 21367]]

    1. Report title: Notice of Branch Closure.
    Agency form number: FR 4031.
    OMB control number: 7100-0264.
    Frequency: On Occasion.
    Reporters: State member banks.
    Estimated annual reporting hours: 224 hours.
    Estimated average hours per response: Reporting requirements, 2 
hours; Disclosure requirements, customer mailing, 0.75 hours and posted 
notice, 0.25 hours; and Recordkeeping requirements, 8 hours.
    Number of respondents: Reporting requirements, 72; Disclosure 
requirements, customer mailing, 72 and posted notice, 72; and 
Recordkeeping requirements, 1.
    General description of report: This information collection is 
mandatory pursuant to Section 42(a)(1) of the Federal Deposit Insurance 
Act (FDI Act) (12 U.S.C. 1831r-l(a)(1)). The Federal Reserve does not 
consider individual respondent data to be confidential. However, a 
state member bank may request confidential treatment pursuant to 
exemption b(4) of the Freedom of Information Act (5 U.S.C.552(b)(4)).
    Abstract: The mandatory reporting, recordkeeping, and disclosure 
requirements regarding the closing of any branch of an insured 
depository institution are imposed by section 228 of the FDI Act of 
1991. There is no reporting form associated with the reporting portion 
of this information collection; state member banks notify the Federal 
Reserve by letter prior to closing a branch. The Federal Reserve uses 
the information to fulfill its statutory obligation to supervise state 
member banks.
    Current Actions: On January 22, 2013, the Federal Reserve published 
a notice in the Federal Register (78 FR 4410) requesting public comment 
for 60 days on the extension, without revision, of the FR 4031. The 
comment period for this notice expired on March 25, 2013. The Federal 
Reserve did not receive any comments.
    2. Report title: Reports Related to Securities Issued by State 
Member Banks as Required by Regulation H.
    Agency form number: Reg H-1.
    OMB control number: 7100-0091.
    Frequency: Annually, Quarterly, and on occasion.
    Reporters: State member banks.
    Estimated annual reporting hours: 352 hours.
    Estimated average hours per response: 5.17 hours.
    Number of respondents: 4.
    General description of report: This information collection is 
mandatory pursuant to sections 12(i) and 23(a)(1) of the Securities 
Exchange Act of 1934 (15 U.S.C. 781(i) and 78w (a)(1)) and Regulation H 
(12 CFR 208.36). The information collected is not given confidential 
treatment. However, a state member bank make request that a report or 
document not be disclosed to the public and be held confidential by the 
Federal Reserve, (12 CFR 208.36(d). All such requests for confidential 
treatment will be determined on an ad hoc basis.
    Abstract: The Federal Reserve's Regulation H requires certain state 
member banks to submit information relating to their securities to the 
Federal Reserve on the same forms that bank holding companies and 
nonbank entities use to submit similar information to the Securities 
and Exchange Commission. The information is primarily used for public 
disclosure and is available to the public upon request.
    Current Actions: On January 22, 2013, the Federal Reserve published 
a notice in the Federal Register (78 FR 4410) requesting public comment 
for 60 days on the extension, without revision, of the Reg H-1. The 
comment period for this notice expired on March 25, 2013. The Federal 
Reserve did not receive any comments.
    Final approval under OMB delegated authority of the extension for 
three years, with revision, of the following survey:
    Report title: Senior Credit Officer Opinion Survey on Dealer 
Financing Terms.
    Agency form number: FR 2034.
    OMB control number: 7100-0325.
    Frequency: Up to six times a year.
    Reporters: U.S. banking institutions and U.S. branches and agencies 
of foreign banks.
    Estimated annual reporting hours: 450 hours.
    Estimated average hours per response: 3 hours.
    Number of respondents: 25.
    General description of report: This information collection would be 
voluntary (12 U.S.C. 225a, 248(a)(2), 1844(c), and 3105(c)(2)) and 
would be given confidential treatment (5 U.S.C. 552(b)(4)).
    Abstract: This voluntary survey collects qualitative and limited 
quantitative information from senior credit officers at responding 
financial institutions on (1) stringency of credit terms, (2) credit 
availability and demand across the entire range of securities financing 
and over-the-counter derivatives transactions, and (3) the evolution of 
market conditions and conventions applicable to such activities up to 
six times a year. Given the Federal Reserve's interest in financial 
stability, the information this survey collects is critical to the 
monitoring of credit markets and capital market activity. Aggregate 
survey results are made available to the public on the Federal Reserve 
Board Web site.\1\ In addition, selected aggregate survey results may 
be published in Federal Reserve Bulletin articles and in the annual 
Monetary Policy Report to the Congress.
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    \1\ See http://www.federalreserve.gov/econresdata/releases/scoos.htm
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    Current Actions: On January 28, 2013, the Federal Reserve published 
a notice in the Federal Register (78 FR 5803) requesting public comment 
for 60 days on the extension, with revision, of the FR 2034. The 
comment period for this notice expired on March 29, 2013. The Federal 
Reserve did not receive any comments. The revisions will be implemented 
as proposed effective with the June 2013 survey.

    Board of Governors of the Federal Reserve System, April 4, 2013.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2013-08264 Filed 4-9-13; 8:45 am]
BILLING CODE 6210-01-P