[Federal Register Volume 84, Number 30 (Wednesday, February 13, 2019)]
[Notices]
[Pages 3777-3778]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-02177]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Comment Request (OMB No. 3064-0095)
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995, invites the general public and other Federal
agencies to take this opportunity to comment on the renewal of the
existing information collection described below (control Number 3064-
0095; 3064-0145). On December 10, 2018, the FDIC requested comment for
60 days on a proposal to renew this information collection. No comments
were received. The FDIC hereby gives notice of its plan to submit to
OMB a request to approve the renewal of this collection, and again
invites comment on the renewal.
DATES: Comments must be submitted on or before March 15, 2019.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
https://www.FDIC.gov/regulations/laws/federal.
Email: [email protected]. Include the name and number of
the collection in the subject line of the message.
Mail: Manny Cabeza (202-898-3767), Counsel, MB-3007,
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 17th Street Building (located on F Street),
on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
[[Page 3778]]
FOR FURTHER INFORMATION CONTACT: Manny Cabeza, Counsel, 202-898-3767,
[email protected], MB-3007, Federal Deposit Insurance Corporation, 550
17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On December 10, 2018, the FDIC requested
comment for 60 days on a proposal to renew the information collections
described below.\1\ No comments were received. The FDIC hereby gives
notice of its plan to submit to OMB a request to approve the renewal of
this information collection, and again invites comment on the renewal.
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\1\ 83 FR 63507 (December 10, 2018).
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Proposal to renew the following currently approved collection of
information:
1. Title: Procedures for Monitoring Bank Protection Act Compliance.
OMB Number: 3064-0095.
Form Number: None.
Affected Public: Insured state nonmember banks.
Burden Estimate:
Summary of Annual Burden
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Estimated Estimated time Estimated
Information collection description Type of burden Obligation to number of Estimated frequency of per response annual burden
respond respondents responses (hours) (hours)
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Bank Protection Act Compliance Recordkeeping........ Mandatory........... 3,533 Annually............... .5 1,766.5
Program.
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Estimated Total Annual Burden. ..................... .................... .............. ....................... .............. 1,766.5
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General Description of Collection: The collection requires insured
state nonmember banks to comply with the Bank Protection Act and to
review bank security programs The Bank Protection Act of 1968 (12
U.S.C. 1881-1884) requires each Federal supervisory agency to
promulgate rules establishing minimum standards for security devices
and procedures to discourage financial crime and to assist in the
identification of persons who commit such crimes. To avoid the
necessity of constantly updating a technology-based regulation, the
FDIC takes a flexible approach to implementing this statute. It
requires each insured nonmember bank to designate a security officer
who will administer a written security program. The security program
must: (1) Establish procedures for opening and closing for business and
for safekeeping valuables; (2) establish procedures that will assist in
identifying persons committing crimes against the bank; (3) provide for
initial and periodic training of employees in their responsibilities
under the security program; and (4) provide for selecting, testing,
operating and maintaining security devices as prescribed in the
regulation. In addition, the FDIC requires the security officer to
report at least annually to the bank's board of directors on the
effectiveness of the security program.
There is no change in the method or substance of the collection.
The FDIC estimates that the number of respondents will decrease due to
economic fluctuations from 3,629 to 3,533. The annual burden for this
information collection is estimated to be 1,766.5 hours. This
represents a decrease of 48.5 hours from the current burden estimate of
1,815 hours.
Request for Comment: Comments are invited on: (a) Whether the
collection of information is necessary for the proper performance of
the FDIC's functions, including whether the information has practical
utility; (b) the accuracy of the estimates of the burden of the
information collection, including the validity of the methodology and
assumptions used; (c) ways to enhance the quality, utility, and clarity
of the information to be collected; and (d) ways to minimize the burden
of the collection of information on respondents, including through the
use of automated collection techniques or other forms of information
technology. All comments will become a matter of public record.
Dated at Washington, DC, on February 8, 2019.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2019-02177 Filed 2-12-19; 8:45 am]
BILLING CODE 6714-01-P