[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]
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
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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\
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\1\ 12 U.S.C. 1882(a).
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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\
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\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