[Federal Register Volume 90, Number 160 (Thursday, August 21, 2025)]
[Notices]
[Pages 40891-40893]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-15952]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
Proposed Agency Information Collection Activities: Comment
Request
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury;
Board of Governors of the Federal Reserve System (Board); and Federal
Deposit Insurance Corporation (FDIC).
ACTION: Joint notice and request for comment.
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SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may
not conduct or sponsor, and the respondent is not required to respond
to, an information collection unless it displays a currently valid
Office of Management and Budget (OMB) control number. On May 9, 2025,
the Federal Financial Institutions Examination Council (FFIEC), of
which the agencies are members, requested public comment for 60 days on
a proposal to extend for three years, without revision, the Country
Exposure Report (FFIEC 009) and the Country Exposure Information Report
(FFIEC 009a), which are currently approved collections of information.
The comment period for the May notice expired on July 8, 2025. As
described in the SUPPLEMENTARY INFORMATION section of this document,
the agencies will proceed with the extension, without revision, of the
FFIEC 009 and FFIEC 009a. In addition, the agencies are giving notice
that they are sending the collections to OMB for review.
DATES: Comments must be submitted on or before September 22, 2025.
ADDRESSES: Interested parties are invited to submit written comments to
any or all of the agencies. All comments will be shared among the
agencies.
OCC: You may submit comments, which should refer to ``FFIEC 009 and
FFIEC 009a,'' by any of the following methods:
Email: [email protected].
Mail: Chief Counsel's Office, Office of the Comptroller of
the Currency, Attention: 1557-0100, 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Fax: (571) 293-4835.
Instructions: You must include ``OCC'' as the agency name and
``1557-0100'' in your comment. In general, the OCC will publish
comments on www.reginfo.gov without change, including any business or
personal information provided, such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
You may review comments and other related materials that pertain to
this information collection beginning on the date of publication of the
second notice for this collection by the following method:
Viewing Comments Electronically: Go to www.reginfo.gov.
Hover over the ``Information Collection Review'' drop down menu and
select ``Information Collection Review.'' Underneath the ``Currently
under Review'' section heading, from the drop-down menu select
``Department of Treasury'' and then click ``submit.'' This information
collection can be located by searching by OMB control number ``1557-
0100.'' Upon finding the appropriate information collection, click on
the related ``ICR Reference Number.'' On the next screen, select ``View
Supporting Statement and Other Documents'' and then click on the link
to any comment listed at the bottom of the screen.
For assistance in navigating www.reginfo.gov, please contact the
Regulatory Information Service Center at (202) 482-7340.
Board: You may submit comments, which should refer to ``FFIEC 009
and FFIEC 009a'' by any of the following methods:
Agency Website: http://www.federalreserve.gov. Follow the
instructions for submitting comments at: http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
Email: [email protected]. Include ``FFIEC
009 and FFIEC 009a'' in the subject line of the message.
Fax: (202) 395-6974.
Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
All public comments are available on the Board's website at https://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted,
unless modified for technical reasons. Accordingly, your comments will
not be edited to remove any identifying or contact information.
FDIC: You may submit comments, which should refer to ``FFIEC 009
and FFIEC 009a,'' by any of the following methods:
Agency Website: https://www.fdic.gov/federal-register-publications. Follow the instructions for submitting comments on the
FDIC's website.
Email: [email protected]. Include ``FFIEC 009 and FFIEC
009a Extension'' in the subject line of the message.
Mail: Michelle Mire, Senior Attorney, Attn: Comments, Room
MB-3072, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
Hand Delivery: Comments may be hand delivered to the guard
station at the rear of the 550 17th Street NW building (located on F
Street NW) on business days between 7 a.m. and 5 p.m..
Public Inspection: Comments received, including any
personal information provided, may be posted without change to https://www.fdic.gov/federal-register-publications. Commenters should submit
only information that the commenter wishes to make available publicly.
The FDIC may review, redact, or refrain from posting all or any portion
of any comment that it may deem to be inappropriate for publication,
such as irrelevant or obscene material. The FDIC may post only a single
representative example of identical or substantially identical
comments, and in such cases will generally identify the number of
identical or substantially identical
[[Page 40892]]
comments represented by the posted example. All comments that have been
redacted, as well as those that have not been posted, that contain
comments on the merits of this document will be retained in the public
comment file and will be considered as required under all applicable
laws. All comments may be accessible under the Freedom of Information
Act.
Additionally, written comments and recommendations for the proposed
information collections should be sent within 30 days of publication of
this notice to www.reginfo.gov/public/do/PRAMain. Find these particular
information collections by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: For further information about the
proposed FFIEC reports discussed in this notice, please contact any of
the agency staff whose names appear below. In addition, a copy of the
proposed FFIEC 009 and FFIEC 009a report forms can be obtained at the
FFIEC's website (https://www.ffiec.gov/resources/reporting-forms/ffiec009).
OCC: Shaquita Merritt, Clearance Officer, (202) 649-5490, Chief
Counsel's Office, Office of the Comptroller of the Currency, 400 7th
Street SW, Washington, DC 20219. If you are deaf, hard of hearing, or
have a speech disability, please dial 7-1-1 to access
telecommunications relay services.
Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer,
(202) 452-3884, Office of the Chief Data Officer, Board of Governors of
the Federal Reserve System, 20th and C Streets NW, Washington, DC
20551. Telecommunications Device for the Deaf (TDD) users may call
(202) 263-4869.
FDIC: Michelle Mire, Senior Attorney, (202) 898-7377, Legal
Division, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On May 9, 2025, the agencies requested
public comment on a proposal to extend for three years, without
revision, the FFIEC 009 and the FFIEC 009a.\1\ The comment period
expired on July 8, 2025. One comment letter was received from a trade
association regarding the reporting of securities financing
transactions (SFTs) compared to the reporting for other collateralized
claims on the FFIEC 009. The comment letter also included suggestions
on how the agencies could reduce burden for the FFIEC 009 respondents
and enhance reporting comparability. This comment letter is under
review by the agencies. At this time, the agencies will proceed with
the extension without revision of the FFIEC 009 and FFIEC 009a, as
proposed, and are sending the collections to OMB for review.
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\1\ 90 FR 19789 (May 9, 2025).
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Report Titles: Country Exposure Report and Country Exposure
Information Report.
Form Numbers: FFIEC 009 and FFIEC 009a.
Frequency of Response: Quarterly.
Affected Public: Business or other for-profit.
OCC
OMB Number: 1557-0100.
Estimated Number of Respondents: 10 national banks (FFIEC 009), 3
(FFIEC 009a).
Estimated Average Time per Response: 131 hours (FFIEC 009), 6 hours
(FFIEC 009a).
Estimated Total Annual Burden: 5,240 hours (FFIEC 009), 72 hours
(FFIEC 009a).
Board
OMB Number: 7100-0035.
Estimated Number of Respondents: 48 bank holding companies, edge
and/or agreement corporations, financial holding companies,
intermediate holding companies, and state member banks (FFIEC 009), 36
(FFIEC 009a).
Estimated Average Time per Response: 135 hours (FFIEC 009), 6.5
hours (FFIEC 009a).
Estimated Total Annual Burden: 25,920 hours (FFIEC 009), 936 hours
(FFIEC 009a).
FDIC
OMB Number: 3064-0017.
Estimated Number of Respondents: 11 nonmember banks (FFIEC 009), 8
(FFIEC 009a).
Estimated Average Time per Response: 131 hours (FFIEC 009), 6 hours
(FFIEC 009a).
Estimated Total Annual Burden: 5,764 hours (FFIEC 009), 192 hours
(FFIEC 009a).
General Description of Reports
The Country Exposure Report (FFIEC 009) is filed quarterly with the
agencies and provides information on international claims of U.S.
banks, savings associations, Edge and/or Agreement corporations, bank
holding companies, savings and loan holding companies, and intermediate
holding companies (U.S. banking organizations) that is used for
supervisory and analytical purposes. The information is used to monitor
the foreign country exposures of reporting institutions to determine
the degree of risk in their portfolios and assess the potential risk of
loss. The Country Exposure Information Report (FFIEC 009a) is a
supplement to the FFIEC 009 and provides publicly available information
on material foreign country exposures of U.S. banking organizations
that file the FFIEC 009 report. On the FFIEC 009a, reporting
institutions provide a list of countries in which they have lending
exposures above 0.75 percent of their total assets or 15 percent of
their total capital, whichever is less.
Legal Basis and Need for Collection
These information collections are mandatory under the following
statutes: 12 U.S.C. 161 and 1817 (national banks), 12 U.S.C. 1464
(Federal savings associations), 12 U.S.C. 248(a)(1) and (2), 1844(c),
and 3906 (State member banks and bank holding companies); 12 U.S.C.
1467a(b)(2)(A) (savings and loan holding companies); 12 U.S.C. 5365(a)
(intermediate holding companies); and 12 U.S.C. 1817 and 1820 (insured
State nonmember commercial and savings banks and insured State savings
associations). The FFIEC 009 information collection is given
confidential treatment (5 U.S.C. 552(b)(4) and (b)(8)). The FFIEC 009a
information collection is not given confidential treatment.
Request for Comment
Public comment is requested on all aspects of this joint notice.
Comment is specifically invited on:
(a) Whether the proposed revisions to the collections of
information that are the subject of this notice are necessary for the
proper performance of the agencies' functions, including whether the
information has practical utility;
(b) The accuracy of the agencies' estimates of the burden of the
information collections as they are proposed to be revised, including
the validity of the methodology and assumptions used;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of information collections on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
[[Page 40893]]
Comments submitted in response to this joint notice will be shared
among the agencies.
Eden Gray,
Assistant Director, Office of the Comptroller of the Currency.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on August 18, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025-15952 Filed 8-20-25; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P