[Federal Register Volume 89, Number 33 (Friday, February 16, 2024)]
[Notices]
[Page 12341]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-03215]



[[Page 12341]]

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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, without revision, the 
Reporting, Recordkeeping, and Disclosure Requirements Associated with 
Rules Regarding Availability of Information (FR 4035 collection 
identifier; OMB No. 7100-0381).

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, Without Revision, of the Following Information Collection

    Collection title: Reporting, Recordkeeping, and Disclosure 
Requirements Associated with Rules Regarding Availability of 
Information.
    Collection identifier: FR 4035.
    OMB control number: 7100-0381.
    General description of collection: The information collection 
consists of reporting, recordkeeping, and disclosure requirements under 
subpart C (Nonpublic Information Made Available to Supervised Financial 
Institutions, Governmental Agencies, and Others in Certain 
Circumstances) of the Rules Regarding Availability of Information (12 
CFR part 261). Subpart C contains reporting requirements that enable 
third parties to request the Board's authorization to access, use, or 
further disclose confidential supervisory information or other 
nonpublic information of the Board, and that ensure that the Board is 
notified when any subpoena or other legally enforceable demand requires 
production of confidential supervisory information or other nonpublic 
information of the Board in the form of documents or testimony. Subpart 
C also contains one recordkeeping requirement related to a provision 
that allows supervised financial institutions to disclose confidential 
supervisory information to service providers if the disclosure is 
deemed necessary to the service provider's provision of services, and 
two disclosure requirements that apply when individuals are served with 
a subpoena, order, or other judicial or administrative process 
requiring the production of confidential supervisory information or 
other nonpublic information of the Board in the form of documents or 
testimony.
    Frequency: Event-generated.
    Respondents: Supervised financial institutions; State, local, and 
foreign agencies; entities exercising governmental authority; and any 
person, entity, agency, or authority.
    Total estimated number of respondents: 105.
    Total estimated annual burden hours: 83.\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 4035.
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    Current actions: On September 28, 2023, the Board published a 
notice in the Federal Register (88 FR 66847) requesting public comment 
for 60 days on the extension, without revision, of the FR 4035. The 
comment period for this notice expired on November 27, 2023. The Board 
did not receive any comments.

    Board of Governors of the Federal Reserve System, February 12, 
2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-03215 Filed 2-15-24; 8:45 am]
BILLING CODE 6210-01-P