[Federal Register Volume 88, Number 137 (Wednesday, July 19, 2023)]
[Notices]
[Pages 46165-46166]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-15240]


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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 
Joint Statement for Assessing the Diversity Policies and

[[Page 46166]]

Practices of Entities Regulated by the Agencies. (FR 2100; OMB No. 
7100-0368).

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: Joint Statement for Assessing the Diversity 
Policies and Practices of Entities Regulated by the Agencies.
    Collection identifier: FR 2100.
    OMB control number: 7100-0368.
    Effective Date: August 31, 2023.
    General description of collection: The Joint Statement for 
Assessing the Diversity Policies and Practices of Entities Regulated by 
the Agencies was published jointly in 2015 by the Board, Office of the 
Comptroller of the Currency, Federal Deposit Insurance Corporation, 
National Credit Union Administration, Consumer Financial Protection 
Bureau, and Securities and Exchange Commission. Standards in the 
statement encourage a regulated entity, in a manner reflective of its 
size and other characteristics, to voluntarily conduct a self-
assessment of its diversity policies and practices and to report 
information pertaining to its self-assessment to the Office of Minority 
and Women Inclusion of its primary federal financial regulator, as well 
as to publish information pertaining to its efforts with respect to the 
standards. The Board has developed a voluntary reporting template 
entitled ``Diversity Self-Assessment Template'' for use by institutions 
regulated by the Board to facilitate the provision of self-assessment 
information.
    Frequency: Annually.
    Respondents: All financial institutions for which the Federal 
Reserve is the primary federal financial regulator.
    Total estimated number of respondents: 156.
    Total estimated change in burden: The estimated annual burden would 
remain unchanged.
    Total estimated annual burden hours: 1,248.\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 2100.
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    Current actions: On March 30, 2023, the Board published a notice in 
the Federal Register (88 FR 19146) requesting public comment for 60 
days on the extension, with revision, of the FR 2100. The Board 
proposed to revise the diversity self-assessment template by adding a 
Research, Statistics, Supervision and Regulation, and Discount and 
Credit Database (RSSD) number field to identify regulated entities and 
improve the efficiency of data collections. The Board also proposed to 
reformat the Workforce Profile and Employment Practices section of the 
template to make clarifications. Proposed changes include the 
separation of managers in the workforce count from Executive/Senior 
Level Officials. The comment period for this notice expired on May 30, 
2023. The Board did not receive any comments. The revisions will be 
implemented as proposed.

    Board of Governors of the Federal Reserve System, July 13, 2023.
Erin Cayce,
Assistant Secretary of the Board.
[FR Doc. 2023-15240 Filed 7-18-23; 8:45 am]
BILLING CODE 6210-01-P