[Federal Register Volume 88, Number 61 (Thursday, March 30, 2023)]
[Notices]
[Pages 19143-19144]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-06553]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting 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).

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, [email protected], (202) 
452-3884.
    Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, 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.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collections of information conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. The OMB inventory, as well as copies of the 
PRA Submission, supporting statements (which contain more detailed 
information about the information collections and burden estimates than 
this notice), and approved collection of information instrument(s) are 
available at https://www.reginfo.gov/public/do/PRAMain. These documents 
are also available on the Federal Reserve Board's public website at 
https://www.federalreserve.gov/apps/reportingforms/home/review or may 
be requested from the agency clearance officer, whose name appears 
above.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, With Revision, of the Following Information Collection

    Collection title: Savings and Loan Holding Company Registration 
Statement.
    Collection identifier: FR LL-10(b).
    OMB control number: 7100-0337.
    Effective Date: The revisions are applicable as of May 1, 2023.
    General description of collection: The FR LL-10(b) requests 
information from registering Savings and Loan Holding Companies (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.
    Frequency: Event-generated.
    Respondents: SLHCs.
    Total estimated number of respondents: 7.
    Total estimated change in burden hours: 1.
    Total estimated annual burden hours: 51.\1\
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    \1\ More detailed information regarding this collection, 
including more detailed burden estimates, can be found in the OMB 
Supporting Statement posted at https://www.federalreserve.gov/apps/reportingforms/home/review. On the page displayed at the link, you 
can find the OMB Supporting Statement by referencing the collection 
identifier, FR LL-10(b).
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    Current actions: On November 4, 2022, the Board published a notice 
in

[[Page 19144]]

the Federal Register (87 FR 66699) requesting public comment for 60 
days on the extension, with revision, of the FR LL-10(b). The Board 
proposed to revise the FR LL-10(b) by clearing the deregistration 
process described in Supervision and Regulation Letter 11-12; adding 
additional language clarifying that a respondent must retain a copy of 
the signed form at least three years, unless it ceases to be an SLHC 
before then; adding additional language on the Board's procedures for 
requesting confidential treatment, including the relevant regulatory 
citation; clarifying that the background information requested includes 
formations of savings associations or SLHCs; clarifying that the 
requested information includes formations of SLHCs and related 
subsidiaries; and clarifying that the documentation requirements 
include formations of savings associations and SLHCs, and that 
responses should be limited to changes since submitting the SLHC 
application. The comment period for this notice expired on January 3, 
2023. The Board did not receive any comments. The revisions will be 
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implemented as proposed.

    Board of Governors of the Federal Reserve System, March 24, 
2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-06553 Filed 3-29-23; 8:45 am]
BILLING CODE 6210-01-P