[Federal Register Volume 81, Number 79 (Monday, April 25, 2016)]
[Notices]
[Pages 24096-24097]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-09492]


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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. 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--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, Washington, DC 20551; 
telephone (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 report:
    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.
    Respondent types: U.S. banking institutions and U.S. branches and 
agencies of foreign banks.
    Estimated annual burden hours: 660 hours.
    Estimated average hours per response: 5 hours.
    Number of respondents: 22.
    Legal authorization and confidentiality: This information 
collection is authorized by Sections 2A and 11(a)(2) of the Federal 
Reserve Act (12 U.S.C 225a, 248(a)(2), Section 5(c) of the Bank Holding 
Company Act, (12 U.S.C. 1844(c), and Section 7(c)(2) of the 
International Banking Act 3105(c)(2)) and is voluntary. The individual 
financial institution information provided by each respondent would be 
accorded confidential treatment under authority of exemption four of 
the Freedom of Information Act (5 U.S.C. 552 (b)(4)).
    Abstract: This voluntary survey collects qualitative and limited

[[Page 24097]]

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 discussed in Governor's speeches, and may be published in Federal 
Reserve Bulletin articles and in the annual Monetary Policy Report to 
the Congress.
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    \1\ See, www.federalreserve.gov/econresdata/releases/scoos.htm.
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    Current Actions: On February 10, 2016, the Board published a notice 
in the Federal Register (81 FR 7105) requesting public comment for 60 
days on the proposal to extend the FR 2034 for three years without 
revision. The comment period for the notice expired on April 11, 2016. 
The Federal Reserve did not receive any comments, and the information 
collection will be extended as proposed.

    Board of Governors of the Federal Reserve System, April 20, 
2016.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2016-09492 Filed 4-22-16; 8:45 am]
 BILLING CODE 6210-01-P