[Federal Register Volume 84, Number 153 (Thursday, August 8, 2019)]
[Notices]
[Pages 38964-38965]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-17007]


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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, with revision, 
the Savings and Loan Holding Company Registration Statement (FR LL-
10(b); OMB No. 7100-0337).

DATES: Comments must be submitted on or before October 7, 2019.

ADDRESSES: You may submit comments, identified by FR LL-10(b), by any 
of the following methods:
     Agency website: https://www.federalreserve.gov. Follow the 
instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Email: [email protected]. Include the 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 https://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, 
unless modified for technical reasons or to remove personally 
identifiable information at the commenter's request. Accordingly, 
comments will not be edited to remove any identifying or contact 
information. Public comments may also be viewed electronically or in 
paper form 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 
Office of Management and Budget (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 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 https://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.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the PRA to approve and assign OMB control numbers to 
collections of information 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, With 
Revision, the Following Information Collection

    Report title: Savings and Loan Holding Company Registration 
Statement.
    Agency form number: FR LL-10(b).
    OMB control number: 7100-0337.
    Frequency: As needed.
    Respondents: Savings and loan holding companies (SLHCs).
    Estimated number of respondents: 8.
    Estimated average hours per response: Reporting: 8; recordkeeping: 
0.25.
    Estimated annual burden hours: Reporting: 64; recordkeeping: 2.
    General description of report: The FR LL-10(b) requests information 
from registering SLHCs on the financial condition, ownership, 
operations, management, and intercompany relationships of the SLHC and 
its subsidiaries. Additionally, respondents must include information 
concerning the transaction that resulted in the respondent becoming an 
SLHC, a description of the SLHC's business, and a description of any 
changes related to the financial condition, ownership, operations, 
intercompany relationships, and management of the SLHC and its 
subsidiaries since the registrant's application to become an SLHC was 
approved. The principal executive or principal financial officer of the 
registering SLHC must certify that the information contained in the 
submission has been carefully reviewed and is true, correct, and 
complete.
    Proposed revisions: The Board proposes several revisions to make 
the

[[Page 38965]]

FR LL-10(b) consistent with the format of other Board forms and to 
reflect the Board's regulations. Specifically, the Board is proposing 
the following revisions:
    (1) Adding several items requesting information regarding any 
subsidiaries of the SLHC. This information will assist the Federal 
Reserve System in its supervision of the consolidated SLHC structure;
    (2) Adding an item requesting the mailing address of the SLHC, if 
different from its physical address. This item will help Federal 
Reserve System staff contact the filer.
    (3) Adding an item for the printed name of the officer who signed 
the FR LL-10(b). This item will help Federal Reserve System staff 
identify the individual that certified the accuracy of the filing;
    (4) Adding an item requesting the date of signature of the FR LL-
10(b). This item will inform the Federal Reserve System of the date as 
of which the signatory certified the accuracy of information included 
in the filing.
    In addition, the Board proposes to revise the FR LL-10(b) to 
account for a requirement in the FR LL-10(b) instructions that 
respondents retain a signed copy of the form and data submitted. The FR 
LL-10(b) does not currently account for this recordkeeping requirement.
    Legal authorization and confidentiality: The FR LL-10(b) is 
authorized by Section 10(b)(1) of the Home Owners' Loan Act (HOLA), 
which requires each SLHC to register with the Federal Reserve within 90 
days of becoming an SLHC on forms prescribed by the Board that contain 
such information as the Board may deem necessary or appropriate. The 
obligation to respond is mandatory.
    Individual respondents may request that information submitted to 
the Board through the FR LL-10(b) be kept confidential. If a respondent 
requests confidential treatment, the Board will determine whether the 
information is entitled to confidential treatment on a case-by-case 
basis. Information collected through the FR LL-10(b) may be kept 
confidential under exemption 4 for the Freedom of Information Act, 
which protects privileged or confidential commercial or financial 
information, or under FOIA exemption 6, which covers personal 
information, the disclosure of which would constitute an unwarranted 
invasion of privacy.


    Board of Governors of the Federal Reserve System, August 5, 
2019.
Ann Misback,
Secretary of the Board.
[FR Doc. 2019-17007 Filed 8-7-19; 8:45 am]
 BILLING CODE 6210-01-P