[Federal Register Volume 81, Number 139 (Wednesday, July 20, 2016)]
[Notices]
[Pages 47237-47238]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-17154]



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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Joint Comment Request

AGENCIES:  Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); and Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collections to be submitted to Office of 
Management and Budget (OMB) for review and approval under the Paperwork 
Reduction Act of 1995 (PRA).

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the 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 OMB control number. On April 14, 2016, the agencies, 
under the auspices of the Federal Financial Institutions Examination 
Council (FFIEC), requested public comment for 60 days on a proposal to 
extend, with revision, the Country Exposure Report (FFIEC 009) and the 
Country Exposure Information Report (FFIEC 009a), which are currently 
approved collections of information. The comment period for this notice 
expired on June 13, 2016. The agencies received one comment letter. The 
agencies are now submitting a request to OMB for review and approval of 
the extension, with revision, of the FFIEC 009 and FFIEC 009a. The 
proposed revisions would take effect September 30, 2016.

DATES: Comments must be submitted on or before August 19, 2016.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments, which should refer to the OMB 
control number, will be shared among the agencies.
    OCC: Because paper mail in the Washington, DC, area and at the OCC 
is subject to delay, commenters are encouraged to submit comments by 
email, if possible, to [email protected]. Alternatively, comments 
may be sent to: Legislative and Regulatory Activities Division, Office 
of the Comptroller of the Currency, Attention: 1557-0100 (FFIEC 009 and 
FFIEC 009a), 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, 
Washington, DC 20219. In addition, comments may be sent by fax to 571-
465-4326.
    You may personally inspect and photocopy comments at the OCC, 400 
7th Street SW., Washington, DC 20219. For security reasons, the OCC 
requires that visitors make an appointment to inspect comments. You may 
do so by calling 202-649-6700 or for persons who are deaf or hard of 
hearing, TTY, 202-649-5597. Upon arrival, visitors will be required to 
present valid government-issued photo identification and submit to 
security screening in order to inspect and photocopy comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not include any information in your comments or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.
    Board: You may submit comments, which should refer to FFIEC 009 and 
FFIEC 009a, 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 the 
reporting form numbers in the subject line of the message.
     FAX: 202-452-3819 or 202-452-3102.
     Mail: Robert deV. Frierson, 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 
http://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.
    FDIC: You may submit comments, which should refer to ``FFIEC 009 
and FFIEC 009a,'' by any of the following methods:
     Agency Web site: https://www.fdic.gov/regulations/laws/federal/. Follow the instructions for submitting comments on the FDIC 
Web site.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include ``FFIEC 009 and FFIEC 
009a'' in the subject line of the message.
     Mail: Manuel E. Cabeza, Counsel, Room MB-3105, Attn: 
Comments, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand delivered to the guard 
station at the rear of the 550 17th Street Building (located on F 
Street) on business days between 7:00 a.m. and 5:00 p.m.
    Public Inspection: All comments received will be posted without 
change to https://www.fdic.gov/regulations/laws/federal/ including any 
personal information provided. Paper copies of public comments may be 
requested from the FDIC Public Information Center by telephone at 877-
275-3342 or 703-562-2200.
    Additionally, commenters may send a copy of their comments to the 
OMB desk officer for the agencies by mail to the Office of Information 
and Regulatory Affairs, U.S. Office of Management and Budget, New 
Executive Office Building, Room 10235, 725 17th Street NW., Washington, 
DC 20503; by fax to 202-395-6974; or by email to 
[email protected].

FOR FURTHER INFORMATION CONTACT: For further information about the 
revisions discussed in this notice, please contact any of the agency 
clearance officers whose names appear below. In addition, copies of the 
FFIEC 009 and FFIEC 009a reporting forms can be obtained at the FFIEC's 
Web site (http://www.ffiec.gov/ffiec_report_forms.htm).
    OCC: Shaquita Merritt, OCC Clearance Officer, 202-649-5490, or for 
persons who are deaf or hard of hearing, TTY, 202-649-5597, Legislative 
and Regulatory Activities Division, Office of the Comptroller of the 
Currency, 400 7th Street SW., Washington, DC 20219.
    Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, 
202-452-3884, 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.
    FDIC: Manuel E. Cabeza, Counsel, 202-898-3767, Federal Deposit 
Insurance Corporation, 550 17th Street NW., Washington, DC 20429.

SUPPLEMENTARY INFORMATION: Proposal to request approval from OMB of the

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extension for three years, with revision, of the following currently 
approved collection of information:
    Report Titles: Country Exposure Report and Country Exposure 
Information Report.
    Form Numbers: FFIEC 009 and FFIEC 009a.
    Frequency of Response: Quarterly.
    Affected Public: Business or other for profit.

OCC

    OMB Control No.: 1557-0100.
    Estimated Number of Respondents: 16 (FFIEC 009), 9 (FFIEC 009a).
    Estimated Average Burden per Response: 131 hours (FFIEC 009), 6 
hours (FFIEC 009a).
    Estimated Total Annual Burden: 8,384 hours (FFIEC 009), 216 hours 
(FFIEC 009a).

Board

    OMB Control No.: 7100-0035.
    Estimated Number of Respondents: 45 (FFIEC 009), 33 (FFIEC 009a).
    Estimated Average Burden per Response: 131 hours (FFIEC 009), 6 
hours (FFIEC 009a).
    Estimated Total Annual Burden: 23,580 hours (FFIEC 009), 792 hours 
(FFIEC 009a).

FDIC

    OMB Control No.: 3064-0017.
    Estimated Number of Respondents: 17 (FFIEC 009), 9 (FFIEC 009a).
    Estimated Average Burden per Response: 131 hours (FFIEC 009), 6 
hours (FFIEC 009a).
    Estimated Total Annual Burden: 8,908 hours (FFIEC 009), 216 hours 
(FFIEC 009a).

Legal Basis for the Information Collection

    These information collections are mandatory under the following 
statutes: 12 U.S.C. 161 and 1817 (national banks), 12 U.S.C. 1464 
(federal savings associations), 12 U.S.C. 248(a)(1) and (2), 1844(c), 
and 3906 (state member banks and bank holding companies); 12 U.S.C. 
1467a(b)(2)(A) (savings and loan holding companies); 12 U.S.C. 5365(a) 
(intermediate holding companies); and 12 U.S.C. 1817 and 1820 (insured 
state nonmember commercial and savings banks and insured state savings 
associations). The FFIEC 009 information collection is given 
confidential treatment (5 U.S.C. 552(b)(4) and (b)(8)). The FFIEC 009a 
information collection is not given confidential treatment.

General Description of Reports

    The Country Exposure Report (FFIEC 009) is filed quarterly with the 
agencies and provides information on international claims of U.S. 
banks, savings associations, bank holding companies, and savings and 
loan holding companies that is used for supervisory and analytical 
purposes. The information is used to monitor the foreign country 
exposures of reporting institutions to determine the degree of risk in 
their portfolios and assess the potential risk of loss. The Country 
Exposure Information Report (FFIEC 009a) is a supplement to the FFIEC 
009 and provides publicly available information on material foreign 
country exposures (all exposures to a country in excess of 1 percent of 
total assets or 20 percent of capital, whichever is less) of U.S. 
banks, savings associations, bank holding companies, and savings and 
loan holding companies that file the FFIEC 009 report. As part of the 
Country Exposure Information Report, reporting institutions also must 
furnish a list of countries in which they have lending exposures above 
0.75 percent of total assets or 15 percent of total capital, whichever 
is less.

Current Actions

    On April 14, 2016, the agencies published a notice in the Federal 
Register (81 FR 22163) and requested comment on a proposal to revise 
the Country Exposure Report (FFIEC 009) and the Country Exposure 
Information Report (FFIEC 009a) effective September 30, 2016, to (1) 
have institutions provide their Legal Entity Identifier (LEI) on both 
reporting forms, only if they already have one, and (2) add 
Intermediate Holding Companies (IHCs) to the Board's respondent panel. 
The comment period for this notice expired on June 13, 2016.
    The agencies received one comment letter from a bankers' 
association indicating that it would submit data on certain divergent 
reporting practices observed across institutions with respect to the 
FFIEC 009 and FFIEC 009a in a supplemental submission. The letter did 
not comment on either of the changes proposed by the agencies. Any 
forthcoming data and comments on the FFIEC 009 and FFIEC 009a reporting 
requirements from this association would be considered for possible 
inclusion in a separate future notice of agency information collection 
activities. The agencies are now submitting a request to OMB for review 
and approval of the extension, with revision, of the FFIEC 009 and 
FFIEC 009a that incorporates the two changes proposed in the April 14 
notice.

Request for Comment

    The agencies invite comment on the following topics related to this 
collection of information:
    (a) Whether the information collections are necessary for the 
proper performance of the agencies' functions, including whether the 
information has practical utility;
    (b) The accuracy of the agencies' estimates of the burden of the 
information collections, 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 collections 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 joint notice will be shared 
among the agencies. All comments will become a matter of public record.

    Dated: July 14, 2016.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
    Board of Governors of the Federal Reserve System, July 13, 2016.
Robert deV. Frierson,
Secretary of the Board.
    Dated at Washington, DC, this 13th day of July, 2016.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-17154 Filed 7-19-16; 8:45 am]
 BILLING CODE 4810-33-P 6210-01-P 6714-01-P