[Federal Register Volume 84, Number 27 (Friday, February 8, 2019)]
[Notices]
[Pages 2866-2868]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-01639]
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FEDERAL RESERVE SYSTEM
Privacy Act of 1974; System of Records
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice of a new system of records.
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SUMMARY: Pursuant to the provisions of the Privacy Act of 1974, notice
is given that the Board of Governors of the Federal Reserve System
(Board) proposes the establishment of a new system of records, BGFRS-42
``FRB--General File of the Insurance Policy Advisory Committee.'' This
system will store information relevant for the selection of individuals
for membership on the Insurance Policy Advisory Commission (IPAC). The
system will also store information to facilitate the Board's operations
of the IPAC, including information necessary to pay IPAC members an
honorarium for their service.
DATES: Comments must be received on or before March 11, 2019. This new
system of records will become effective March 11, 2019, without further
notice, unless comments dictate otherwise.
The Office of Management and Budget (OMB), which has oversight
responsibility under the Privacy Act, requires a 30-day period prior to
publication in the Federal Register in which to review the system and
to provide any comments to the agency. The public is then given a 30-
day period in which to comment, in accordance with 5 U.S.C. 552a(e)(4)
and (11).
ADDRESSES: You may submit comments, identified by BGFRS-42: FRB--
General File of the Insurance Policy Advisory Committee, by any of the
following methods:
Agency Website: http://www.federalreserve.gov. Follow the
instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
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Email: [email protected]. Include SORN name
and number in the subject line of the message.
Fax: (202) 452-3819 or (202) 452-3102.
Mail: Ann E. Misback, 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 website at
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as
submitted, unless modified for technical reasons or to remove
personally identifiable information at the commenter's request. Public
comments may also be viewed electronically or in paper in Room 146,
1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and
5:00 p.m. on weekdays.
FOR FURTHER INFORMATION CONTACT: David B. Husband, Senior Attorney,
(202) 530-6270, or [email protected]; Alye S. Foster, Assistant
General Counsel, or (202) 452-5289, or [email protected]; Legal
Division, Board of Governors of the Federal Reserve System, 20th Street
and Constitution Avenue NW, Washington, DC 20551. Telecommunications
Device for the Deaf (TDD) users may contact (202) 263-4869.
SUPPLEMENTARY INFORMATION: This new system of records will aid the
Board in its operation and management of the IPAC, which Congress
established in section 211(b) of the Economic Growth, Regulatory
Relief, and Consumer Protection Act, Public Law 115-74 (EGRRCPA).
EGRRCPA established the IPAC to advise the Board on international
capital standards and other insurance matters.
SYSTEM NAME AND NUMBER
BGFRS-42 ``FRB--General File of the Insurance Policy Advisory
Committee.''
SECURITY CLASSIFICATION:
Unclassified.
SYSTEM LOCATION:
Records will be maintained at the Board's central offices located
at: Board of Governors of the Federal Reserve System, 20th Street and
Constitution Avenue NW, Washington, DC 20551.
SYSTEM MANAGER(S):
Linda Duzick, Manager, Insurance Policy Section, Division of
Supervision & Regulation, Board of Governors of the Federal Reserve
System, Washington, DC 20551, or 202-728-5881, or
[email protected].
AUTHORITY FOR MAINTENANCE OF THE SYSTEM:
Section 211(b) of the Economic Growth, Regulatory Relief, and
Consumer Protection Act (31 U.S.C. 313 note) and Section 10 of the
Federal Reserve Act (12 U.S.C. 244).
PURPOSE(S) OF THE SYSTEM:
This system aids the Board in its operation and management of the
IPAC, including the selection and appointment of members to the IPAC.
CATEGORIES OF INDIVIDUALS COVERED BY THE SYSTEM:
This system maintains information on individuals considered for
membership on the IPAC and individuals selected to serve on the IPAC.
CATEGORIES OF RECORDS IN THE SYSTEM:
Records in the system include identifying information about
individuals seeking to become IPAC members and members of the IPAC,
information relating to the selection and appointment of individuals to
the IPAC, and records relating to service on the IPAC. Individual
information in the system includes, but is not limited to, name, work
address, telephone number, email address, organization, and title. The
system stores additional information including, but not limited to, the
individual or IPAC member's education, work experience, and
qualifications. The system will also store records relating to the
management of the IPAC, such as payment information for travel or
honoraria.
RECORD SOURCE CATEGORIES:
Information is provided by the individual or IPAC member to whom
the record pertains. Board staff may also independently obtain
available information regarding individuals seeking to become IPAC
members.
ROUTINE USES OF RECORDS MAINTAINED IN THE SYSTEM, INCLUDING CATEGORIES
OF USERS AND PURPOSES OF SUCH USES:
General routine uses A, B, C, D, E, F, G, I, and J apply to this
system. These general routine uses are located at: https://www.federalreserve.gov/files/SORN-page-general-routine-uses-of-board-systems-of-records.pdf and are published in the Federal Register at 83
FR 43872 (August 28, 2018) at 43873-74.
POLICIES AND PRACTICES FOR STORAGE OF RECORDS:
Paper records in this system are stored in file folders with access
limited to staff with a need-to-know. Electronic records are stored on
a secure server. Records are also stored in FIRMA, the Federal
Reserve's official recordkeeping system, on an annual basis.
POLICIES AND PRACTICES FOR RETRIEVAL OF RECORDS:
Electronic records can be retrieved by name or other identifying
aspects.
POLICIES AND PRACTICES FOR RETENTION AND DISPOSAL OF RECORDS:
Pending establishing of an approved retention period, the records
will be retained indefinitely.
ADMINISTRATIVE, TECHNICAL, AND PHYSICAL SAFEGUARDS:
Access to records in the system is limited to those Board staff
whose official duties require it. This is accomplished through user
roles, which provide differential access levels to users based on their
official duties and need-to-know.
RECORD ACCESS PROCEDURES:
The Privacy Act allows individuals the right to access records
maintained about them in a Board system of records. Your request for
access must: (1) Contain a statement that it is made pursuant to the
Privacy Act of 1974; (2) provide either the name of the Board system of
records expected to contain the record requested or a concise
description of the system of records; (3) provide the information
necessary to verify your identity; and (4) provide any other
information that may assist in the rapid identification of the record
for which you are requesting access.
The Board handles all Privacy Act requests as both a Privacy Act
request and as a Freedom of Information Act request. The Board does not
charge fees to a requestor seeking to access or amend his/her Privacy
Act records.
You may submit your Privacy Act request to the--Secretary of the
Board, Board of Governors of the Federal Reserve System, 20th Street
and Constitution Avenue NW, Washington DC 20551.
You may also submit your Privacy Act request electronically through
the Board's FOIA ``Electronic Request Form'' located here: https://www.federalreserve.gov/secure/forms/efoiaform.aspx.
CONTESTING RECORD PROCEDURES:
The Privacy Act allows individuals to seek amendment of information
that is erroneous, irrelevant, untimely, or incomplete and is
maintained in a system of records about you. To request an amendment to
your record, you should clearly mark the request as a ``Privacy Act
Amendment Request.'' You have the burden of proof for demonstrating the
appropriateness of the requested amendment and you must provide
relevant and convincing evidence in support of your request.
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Your request for amendment must: (1) Provide the name of the
specific Board system of records containing the record you seek to
amend; (2) identify the specific portion of the record you seek to
amend; (3) describe the nature of and reasons for each requested
amendment; (4) explain why you believe the record is not accurate,
relevant, timely, or complete; and (5) unless you have already done so
in a Privacy Act request for access, provide the necessary information
to verify your identity.
NOTIFICATION PROCEDURES:
Same as ``Access procedures'' above. You may also follow this
procedure in order to request an accounting of previous disclosures of
records pertaining to you as provided for by 5 U.S.C. 552a(c).
EXEMPTIONS PROMULGATED FOR THE SYSTEM:
None.
HISTORY:
None.
Board of Governors of the Federal Reserve System, February 4,
2019.
Ann Misback,
Secretary of the Board.
[FR Doc. 2019-01639 Filed 2-7-19; 8:45 am]
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