[Federal Register Volume 78, Number 195 (Tuesday, October 8, 2013)]
[Notices]
[Pages 61959-61960]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-24397]


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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: Notice is hereby given of the final approval of a 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 statement and 
approved collection of information instrument 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--Office of the 
Chief Data Officer, 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, with revision, of the following report:
    Report title: Savings Association Holding Company Report.
    Agency form number: FR H-(b)11.
    OMB control number: 7100-0334.
    Frequency: Quarterly, event-driven, and annually.
    Reporters: Savings and loan holding companies (SLHCs).
    Estimated annual reporting hours: 264.

[[Page 61960]]

    Estimated average hours per response: 2.0 hours.
    Number of respondents: 33.
    General description of report: This information collection is 
mandatory (12 U.S.C. 1467a(b)(2)(A)). The FR H-(b)11 covers 6 different 
items. However, the Federal Reserve has determined that supplemental 
information in response to a yes answer for the Quarterly Savings and 
Loan Holding Company Report (FR 2320; OMB No. 7100-0345) FR 2320's 
questions 24, 25, and 26 may be protected from disclosure under 
exemption 4 of the Freedom of Information Act (FOIA), which covers 
``trade secrets and commercial or financial information obtained from a 
person [that is] privileged or confidential'' (5 U.S.C. 522(b)(4)). 
Disclosure of this type of information is likely to cause substantial 
competitive harm to the SLHC providing the information and thus this 
information is protected from disclosure under FOIA exemption 4 (5 
U.S.C. 522(b)(4)).
    With regard to the supplemental information for other FR 2320 
questions that would be provided in item 3 of the FR H-(b)11, as well 
as all other items of the FR H-(b)11, respondents may request 
confidential treatment of such information under one or more of the 
exemptions in the FOIA. All such requests for confidential treatment 
will be reviewed on a case-by-case basis and in response to a specific 
request for disclosure.
    Abstract: The FR H-(b)11 collects from most top-tier SLHCs 
information on filings with the Securities and Exchange Commission, 
reports provided by the nationally recognized statistical rating 
organizations and securities analysts, supplemental information for 
select questions from the FR 2320, financial statements, and other 
materially important events and exhibits. The Federal Reserve uses the 
FR H-(b)11 data to analyze the overall financial condition of SLHCs to 
ensure safe and sound operations.
    Current Actions: On July 29, 2013, the Federal Reserve published a 
notice in the Federal Register (78 FR 45534) requesting public comment 
for 60 days on the proposal to extend for three years, with revision, 
the Savings Association Holding Company Report. The comment period for 
this notice expired on September 27, 2013. The Federal Reserve received 
one comment letter of support from an SLHC. The revisions will be 
implemented as proposed and are effective with the September 30, 2013, 
report date.

    Board of Governors of the Federal Reserve System, October 2, 
2013.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2013-24397 Filed 10-7-13; 8:45 am]
BILLING CODE 6210-01-P