[Federal Register Volume 89, Number 145 (Monday, July 29, 2024)]
[Notices]
[Page 60893]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-16541]


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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 
Senior Financial Officer Surveys (FR 2023; OMB No. 7100-0223).

DATES: The revisions are effective September 1, 2024.

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. On the page displayed at the link above, you can find the 
supporting information by referencing the collection identifier, FR 
2023.

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

    Collection title: Senior Financial Officer Surveys.
    Collection identifier: FR 2023.
    OMB control number: 7100-0223.
    General description of collection: The Board uses the surveys in 
this collection to gather qualitative and limited quantitative 
information about liability management, the provision of financial 
services, and the functioning of key financial markets from a selection 
of up to 80 large commercial banks and other depository institutions 
(or, if appropriate, from other major financial market participants). 
This voluntary survey is completed by a senior officer at each 
respondent institution. In recent years, the Board has conducted two 
surveys per year, but it may conduct up to four surveys per year when 
significant informational needs arise that cannot be met from existing 
data sources.
    Frequency: Up to four times a year.
    Respondents: Domestic depository institutions and foreign banking 
organizations.
    Total estimated number of respondents: 100.
    Total estimated change in burden: 240.
    Total estimated annual burden hours: 1,200.
    Current actions: On March 7, 2024, the Board published a notice in 
the Federal Register (89 FR 16568) requesting public comment for 60 
days on the extension, with revision, of the FR 2023. The Board 
proposed revising the FR 2023 to increase the respondent panel size 
from 80 to 100 and change the method of collection from email to an 
online survey tool. The comment period for this notice expired on May 
6, 2024. The Board did not receive any comments. The revisions will be 
implemented as proposed.

    Board of Governors of the Federal Reserve System, July 23, 2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-16541 Filed 7-26-24; 8:45 am]
BILLING CODE 6210-01-P