[Federal Register Volume 84, Number 76 (Friday, April 19, 2019)]
[Notices]
[Pages 16492-16493]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07874]


-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

-----------------------------------------------------------------------

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend for three years, without 
revision, the Written Security Program for State Member Banks (FR 4004; 
OMB No. 7100-0112).

DATES: Comments must be submitted on or before June 18, 2019.

ADDRESSES: You may submit comments, identified by FR 4004, by any of 
the following methods:
     Agency Website: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx.

[[Page 16493]]

     Email: [email protected]. Include Office of 
Management and Budget (OMB) 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 on the Board's website at http://www.federalreserve.gov/apps/foia/proposedregs.aspx 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 146, 
1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 
5:00 p.m. on weekdays. For security reasons, the Board requires that 
visitors make an appointment to inspect comments. You may do so by 
calling (202) 452-3684. Upon arrival, visitors will be required to 
present valid government-issued photo identification and to submit to 
security screening in order to inspect and photocopy comments.
    Additionally, commenters may send a copy of their comments to the 
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, or by 
fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the Paperwork Reduction Act 
(PRA) OMB submission, including the proposed reporting form and 
instructions, supporting statement, and other documentation will be 
placed into OMB's public docket files, if approved. These documents 
will also be made available on the Board's public website at http://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--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.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the PRA to approve and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board. In exercising this delegated authority, the 
Board is directed to take every reasonable step to solicit comment. In 
determining whether to approve a collection of information, the Board 
will consider all comments received from the public and other agencies.

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Board's functions, including whether the 
information has practical utility;
    b. The accuracy of the Board's estimate of the burden of the 
proposed 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;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Board 
should modify the proposal.

Proposal Under OMB Delegated Authority To Extend for Three Years, 
Without Revision, the Following Information Collection

    Report title: Written Security Program for State Member Banks.
    Agency form number: FR 4004.
    OMB control number: 7100-0112.
    Frequency: On occasion.
    Respondents: State member banks.
    Estimated number of respondents: 26.
    Estimated average hours per response: 1 hour.
    Estimated annual burden hours: 26.
    General description of report: This information collection arises 
from a recordkeeping requirement contained in section 208.61 of the 
Board's Regulation H, which requires each state member bank to develop 
and maintain a written security program for the bank's main office and 
branches within 180 days of becoming a member of the Federal Reserve 
System. There is no formal reporting form for this collection of 
information (the FR 4004 designation is for internal purposes only), 
and the information is not submitted to the Federal Reserve System.
    Legal authorization and confidentiality: The FR 4004 recordkeeping 
requirement is authorized by section 3 of the Bank Protection Act of 
1968, which requires federal banking agencies to issue rules 
establishing minimum standards for banks with respect to the 
installation, maintenance, and operation of security devices and 
procedures to discourage robberies, burglaries, and larcenies and to 
assist in the identification and apprehension of persons who commit 
such acts.\1\
---------------------------------------------------------------------------

    \1\ 12 U.S.C. 1882(a).
---------------------------------------------------------------------------

    The FR 4004 is mandatory. Because there is no reporting requirement 
associated with this recordkeeping requirement, the issue of 
confidentiality does not normally arise. If a bank's written security 
program were retained during the course of an examination, it would be 
exempt from disclosure under exemption 8 of the Freedom of Information 
Act (``FOIA''), which protects bank examination material.\2\ In 
addition, the records may also be exempt from disclosure under 
exemption 4 of the FOIA, which protects from disclosure ``trade secrets 
and commercial or financial information obtained from a person and 
privileged or confidential.'' \3\
---------------------------------------------------------------------------

    \2\ 5 U.S.C. 552(b)(8).
    \3\ 12 U.S.C. 552(b)(4).

    Board of Governors of the Federal Reserve System, April 16, 
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-07874 Filed 4-18-19; 8:45 am]
 BILLING CODE 6210-01-P