[Federal Register Volume 84, Number 201 (Thursday, October 17, 2019)]
[Notices]
[Pages 55685-55686]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-22654]



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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); and Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Joint notice and request for comment.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may 
not conduct or sponsor, and the respondent is not required to respond 
to, an information collection unless it displays a currently valid 
Office of Management and Budget (OMB) control number. On June 25, 2019, 
the agencies, under the auspices of the Federal Financial Institutions 
Examination Council (FFIEC), requested public comment for 60 days on a 
proposal to extend for three years without revision the Market Risk 
Regulatory Report for Institutions Subject to the Market Risk Capital 
Rule (FFIEC 102), which is currently an approved collection of 
information for each agency. The comment period for the June 2019 
notice ended on August 26, 2019. As described in the SUPPLEMENTARY 
INFORMATION section, no comments were received on the proposal; 
therefore, the FFIEC and the agencies will proceed with the extension 
of the FFIEC 102 as proposed. In addition, the agencies are giving 
notice that they are sending the collections to OMB for review.

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

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments, which should refer to the OMB 
control number(s), will be shared among the agencies.
    OCC: Commenters are encouraged to submit comments by email, if 
possible. You may submit comments, which should refer to ``1557-0325'' 
or ``FFIEC 102,'' by any of the following methods:
     Email: [email protected].
     Mail: Chief Counsel's Office, Office of the Comptroller of 
the Currency, Attention: 1557-0100, 400 7th Street SW, Suite 3E-218, 
Washington, DC 20219.
     Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218, 
Washington, DC 20219.
    Instructions: You must include ``OCC'' as the agency name and 
``1557-0325'' in your comment. In general, the OCC will publish 
comments on www.reginfo.gov without change, including any business or 
personal information provided, such as name and address information, 
email addresses, or phone numbers. Comments received, including 
attachments and other supporting materials, are part of the public 
record and subject to public disclosure. Do not include any information 
in your comment or supporting materials that you consider confidential 
or inappropriate for public disclosure.
    You may review comments and other related materials that pertain to 
this information collection beginning on the date of publication of the 
second notice for this collection by any of the following methods:
     Viewing Comments Electronically: Go to www.reginfo.gov. 
Click on the ``Information Collection Review'' tab. Underneath the 
``Currently under Review'' section heading, from the drop-down menu 
select ``Department of Treasury'' and then click ``submit''. This 
information collection can be located by searching by OMB control 
number ``1557-0325'' or ``FFIEC 102''. Upon finding the appropriate 
information collection, click on the related ``ICR Reference Number.'' 
On the next screen, select ``View Supporting Statement and Other 
Documents'' and then click on the link to any comment listed at the 
bottom of the screen.
     For assistance in navigating www.reginfo.gov, please 
contact the Regulatory Information Service Center at (202) 482-7340.
     Viewing Comments Personally: You may personally inspect 
comments at the OCC, 400 7th Street SW, Washington, DC. For security 
reasons, the OCC requires that visitors make an appointment to inspect 
comments. You may do so by calling (202) 649-6700 or, for persons who 
are deaf or hearing impaired, TTY, (202) 649-5597. Upon arrival, 
visitors will be required to present valid government-issued photo 
identification and submit to security screening in order to inspect 
comments.
    Board: You may submit comments, which should refer to ``FFIEC 
102,'' 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.
     Email: [email protected]. Include ``FFIEC 
102'' 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 
www.federalreserve.gov/generalinfo/foia/proposedregs.cfm 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 form in Room 
N146, 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.
    FDIC: You may submit comments, which should refer to ``FFIEC 102,'' 
by any of the following methods:
     Agency Website: https://www.fdic.gov/regulations/laws/federal/. Follow the instructions for submitting comments on the FDIC's 
website.
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include ``FFIEC 102'' in the 
subject line of the message.
     Mail: Manuel E. Cabeza, Counsel, Attn: Comments, Room MB-
3128, 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 550 17th Street Building (located on F 
Street) on business days between 7:00 a.m. and 5:00 p.m.
    Public Inspection: All comments received will be posted without 
change to https://www.fdic.gov/regulations/laws/federal/ including any 
personal information provided. Paper copies of public comments may be 
requested from the FDIC Public Information Center, 3501 North Fairfax 
Drive, Arlington, VA 22226, or by telephone at (877) 275-3342 or (703) 
562-2200.
    Additionally, commenters may send a copy of their comments to the 
OMB desk officers for the agencies by mail to

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the Office of Information and Regulatory Affairs, U.S. Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503; by fax to (202) 395-6974; or by 
email to [email protected].

FOR FURTHER INFORMATION CONTACT: For further information about the 
information collections discussed in this notice, please contact any of 
the agency staff whose names appear below. In addition, copies of the 
FFIEC 102 reporting forms and instructions can be obtained at the 
FFIEC's website (https://www.ffiec.gov/ffiec_report_forms.htm).
    OCC: Kevin Korzeniewski, Counsel, Chief Counsel's Office, (202) 
649-5490, or for persons who are deaf or hearing impaired, TTY, (202) 
649-5597.
    Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, 
(202) 452-3884, Office of the Chief Data Officer, Board of Governors of 
the Federal Reserve System, 20th and C Streets NW, Washington, DC 
20551. Telecommunications Device for the Deaf (TDD) users may call 
(202) 263-4869.
    FDIC: Manuel E. Cabeza, Counsel, (202) 898-3767, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, 
DC 20429.

SUPPLEMENTARY INFORMATION: On June 25, 2019, the agencies requested 
public comment on a proposal to extend for three years, without 
revision, the FFIEC 102. The comment period expired on August 26, 2019 
and no comments were received. The FFIEC and the agencies will proceed 
with the extension of the FFIEC 102 as proposed and the agencies are 
sending the collections to OMB for review.
    Report Titles: Market Risk Regulatory Report for Institutions 
Subject to the Market Risk Capital Rule.
    Form Numbers: FFIEC 102.
    Frequency of Response: Quarterly.
    Affected Public: Business or other for profit.

OCC

    OMB Number: 1557-0325.
    Estimated Number of Respondents: 13 national banks and federal 
savings associations.
    Estimated Average Time per Response: 12 hours per quarter.
    Estimated Total Annual Burden: 624 hours.

Board

    OMB Number: 7100-0365.
    Estimated Number of Respondents: 38 state member banks, bank 
holding companies, savings and loan holding companies, and intermediate 
holding companies.
    Estimated Average Time per Response: 12 hours per quarter.
    Estimated Total Annual Burden: 1,824 hours.

FDIC

    OMB Number: 3064-0199.
    Estimated Number of Respondents: 1 insured state nonmember bank and 
state savings association.
    Estimated Average Time per Response: 12 hours per quarter.
    Estimated Total Annual Burden: 48 hours.

General Description of Reports

    The Market Risk Regulatory Report for Institutions Subject to the 
Market Risk Capital Rule (FFIEC 102) is filed quarterly with the 
agencies and provides information for market risk institutions, defined 
for this purpose as those institutions that are subject to the market 
risk capital rule as incorporated into Subpart F of the agencies' 
regulatory capital rule \1\ (market risk institutions). Each market 
risk institution is required to file the FFIEC 102 for the agencies' 
use in assessing the reasonableness and accuracy of the institution's 
calculation of its minimum capital requirements under the market risk 
capital rule and in evaluating the institution's capital in relation to 
its risks. Additionally, the market risk information collected in the 
FFIEC 102: (a) Permits the agencies to monitor the market risk profile 
of, and evaluate the impact and competitive implications of, the market 
risk capital rule on individual market risk institutions and the 
industry as a whole; (b) provides the most current statistical data 
available to identify areas of market risk on which to focus for onsite 
and offsite examinations; (c) allows the agencies to assess and monitor 
the levels and components of each reporting institution's risk-based 
capital requirements for market risk and the adequacy of the 
institution's capital under the market risk capital rule; and (d) 
assists market risk institutions in validating their implementation of 
the market risk framework.
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    \1\ 12 CFR 3.201 (OCC); 12 CFR 217.201 (Board); and 12 CFR 
324.201 (FDIC). The market risk capital rule generally applies to 
any banking institution with aggregate trading assets and trading 
liabilities equal to (a) 10 percent or more of quarter-end total 
assets or (b) $1 billion or more.
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Statutory Basis and Confidential Treatment

    The quarterly FFIEC 102 information collection is mandatory for 
market risk institutions: 12 U.S.C. 161 (national banks), 12 U.S.C. 324 
(state member banks), 12 U.S.C. 1844(c) (bank holding companies), 12 
U.S.C. 1467a (b) (savings and loan holding companies), 12 U.S.C. 5365 
(U.S. intermediate holding companies), 12 U.S.C. 1817 (insured state 
nonmember commercial and savings banks), and 12 U.S.C. 1464 (savings 
associations). The FFIEC 102 information collections are not given 
confidential treatment.

Request for Comment

    The agencies invite comment on the following topics related to 
these collections of information:
    (a) Whether the information collections are necessary for the 
proper performance of the agencies' functions, including whether the 
information has practical utility;
    (b) The accuracy of the agencies' estimates of the burden of the 
information collections, 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 collections on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    (e) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Comments submitted in response to this joint notice will be shared 
among the agencies. All comments will become a matter of public record.

    Dated: October 9, 2019.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
    Board of Governors of the Federal Reserve System, October 9, 
2019.
Ann Misback,
Secretary of the Board.
Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on October 9, 2019.
Annmarie H. Boyd,
Assistant Executive Secretary.
[FR Doc. 2019-22654 Filed 10-16-19; 8:45 am]
 BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P