[Federal Register Volume 90, Number 82 (Wednesday, April 30, 2025)]
[Notices]
[Page 17934]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-07407]



[[Page 17934]]

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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 
Semiannual Report of Derivatives Activity (FR 2436; OMB No. 7100-0286).

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/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 2436.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Collection title: Semiannual Report of Derivatives Activity.
    Collection identifier: FR 2436.
    OMB control number: 7100-0286.
    General description of collection: The FR 2436 collects derivatives 
market statistics from the eight largest U.S. dealers of over-the-
counter (OTC) derivatives. Data are collected on the notional amounts 
and gross fair values of the volumes outstanding of broad categories of 
foreign exchange, interest rate, equity, commodity-linked, and credit 
default swap OTC derivatives contracts across a range of underlying 
currencies, interest rates, and equity markets. The FR 2436 is part of 
the U.S. portion of a global data collection conducted by central 
banks. The primary objective of the Board's participation in this 
collection is to obtain reasonably comprehensive and internationally 
consistent data on the size and structure of global OTC financial 
derivatives markets.
    Frequency: Semiannually.
    Respondents: U.S. dealers of OTC derivatives.
    Total estimated number of respondents: 8.
    Total estimated annual burden hours: 3,898.
    Current actions: On December 23, 2024, the Board published a notice 
in the Federal Register (89 FR 104538) requesting public comment for 60 
days on the extension, without revision, of the FR 2436. The comment 
period for this notice expired on February 21, 2025. The Board did not 
receive any comments.

Board of Governors of the Federal Reserve System.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025-07407 Filed 4-29-25; 8:45 am]
BILLING CODE 6210-01-P