60 day Federal Register Notice

75 FR 75675 60-day.pdf

Procedures for Monitoring Bank Secrecy Act Compliance

60 day Federal Register Notice

OMB: 3064-0087

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Federal Register / Vol. 75, No. 233 / Monday, December 6, 2010 / Notices
Estimated Time per Response: 6
hours.
Total Annual Burden: 180 hours.
General Description of Collection:
Section 29 of the FDI Act prohibits
undercapitalized insured depository
institutions from accepting, renewing,
or rolling over any brokered deposits.
Adequately capitalized institutions may
do so with a waiver from the FDIC,
while well-capitalized institutions may
accept, renew, or roll over brokered
deposits without restriction.
2. Title: Management Official
Interlocks.
OMB Number: 3064–0118.
Frequency of Response: On occasion.
Affected Public: Insured State
nonmember banks.
Estimated Number of Respondents: 7.
Estimated Time per Response: 4
hours.
Total Annual Burden: 28 hours.
General Description of Collection:
This collection is associated with the
FDIC’s Management Official Interlocks
regulation, 12 CFR Part 348, which
implements the Depository Institution
Management Interlocks Act (DIMIA).
DIMIA generally prohibits bank
management officials from serving
simultaneously with two unaffiliated
depository institutions or their holding
companies but allows the FDIC to grant
exemptions on request in appropriate
circumstances.
3. Title: Foreign Branching and
Investment by Insured State
Nonmember Banks.
OMB Number: 3064–0125.
Frequency of Response: On occasion.
Affected Public: Insured state
nonmember banks.
Estimated Number of Respondents:
Recordkeeping: 50; reporting: 11.
Estimated Time per Response:
Recordkeeping: 400 hours; reporting: 27
hours.
Total Annual Burden: 20,298 hours.
General Description of Collection: The
Federal Deposit Insurance (FDI) Act
requires state nonmember banks to
obtain FDIC consent to establish or
operate a branch in a foreign country, or
to acquire and hold, directly or
indirectly, stock or other evidence of
ownership in any foreign bank or other
entity. The FDI Act also authorizes the
FDIC to impose conditions for such
consent and to issue regulations related
thereto. This collection is a direct
consequence of those statutory
requirements.
4. Title: Affiliate Marketing
Disclosures/Consumer Opt-Out Notices.
OMB Number: 3064–0149.
Frequency of Response: On occasion.
Affected Public: Insured state
nonmember banks.

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Number of Respondents: 978 financial
institutions and 198,450 consumers.
Estimated Time per Response: 18
hours: prepare and distribute notice to
consumers and employee training; 5
minutes: consumer response to opt-out
notice.
Total Estimated Annual Burden:
34,142 hours.
General Description of Collection:
Section 624 of the Fair Credit Reporting
Act generally provides that, if a person
shares certain information about a
consumer with an affiliate, the affiliate
may not use that information to make or
send solicitations to the consumer about
its products or services, unless the
consumer is given notice and a
reasonable opportunity to opt-out of
such use of the information and the
consumer does not opt-out. The
information collections for which the
Agencies seek OMB approval are (1)
Notices to consumers of the opportunity
to opt-out of solicitations from affiliates,
and (2) consumer responses to the optout notices.
Request for Comment:
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
Dated at Washington, DC, this 1st day of
December 2010.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2010–30508 Filed 12–3–10; 8:45 am]
BILLING CODE 6741–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewals; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

In accordance with
requirements of the Paperwork
Reduction Act of 1995 (44 U.S.C.

SUMMARY:

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75675

chapter 35), the FDIC 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
control number. The FDIC hereby gives
notice that it is seeking public comment
on renewal of four information
collections described below.
DATES: Comments must be submitted on
or before February 4, 2011.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• http://www.FDIC.gov/regulations/
laws/federal/notices.html.
• E-mail: [email protected].
Include the name of the collection in the
subject line of the message.
• Mail: Leneta G. Gregorie (202–898–
3719), Counsel, Room F–1084, 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 17th Street Building
(located on F Street), on business days
between 7 a.m. and 5 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Leneta Gregorie, at the FDIC address
above.
Proposal
to renew the following currently
approved collections of information:
1. Title: Procedures for Monitoring
Bank Secrecy Act Compliance.
OMB Number: 3064–0087.
Frequency of Response: On occasion.
Affected Public: Insured state
nonmember banks.
Estimated Number of Respondents:
4,822.
Estimated Time per Response: 67.5
hours.
Total Annual Burden: 325,620 hours.
General Description of Collection:
Respondents must establish and
maintain procedures designed to assure
and monitor their compliance with the
requirements of the Bank Secrecy Act
and the implementing regulations
promulgated by the Department of
Treasury at 31 CFR part 103.
Respondents must also provide training
for appropriate personnel.
2. Title: Interagency Biographical and
Financial Report.
OMB Number: 3064–0006.
SUPPLEMENTARY INFORMATION:

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Federal Register / Vol. 75, No. 233 / Monday, December 6, 2010 / Notices

Affected Public: Individuals or
households; businesses or others for
profit.
Estimated Number of Respondents:
1,769.
Frequency of Response: On occasion.
Estimated Annual Burden Hours per
Response: 4.
Estimated Total Annual Burden
Hours: 7,076.
3. Title: Interagency Bank Merger Act
Application.
OMB Number: 3064–0015.
Affected Public: Individuals or
households; businesses or others for
profit.
Estimated Number of Respondents:
275.
Frequency of Response: On occasion.
Estimated Annual Burden Hours per
Response: 23.5.
Estimated Total Annual Burden
Hours: 6,463.
4. Title: Interagency Notice of Change
in Control.
OMB Number: 3064–0019.
Affected Public: Individuals or
households; businesses or others for
profit.
Estimated Number of Respondents:
27.
Frequency of Response: On occasion.
Estimated Annual Burden Hours per
Response: 30.
Estimated Total Annual Burden
Hours: 810.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
Dated at Washington, DC, this 1st day of
December 2010.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
jdjones on DSK8KYBLC1PROD with NOTICES

[FR Doc. 2010–30509 Filed 12–3–10; 8:45 am]
BILLING CODE 6741–01–P

FEDERAL ELECTION COMMISSION
Sunshine Act Notices
AGENCY:

Federal Election Commission.

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Thursday, December 2,
2010, at 10 a.m.
PLACE: 999 E Street, NW., Washington,
DC (Ninth Floor).
STATUS: This meeting will be open to the
public.
ITEMS TO BE DISCUSSED:
Proposed Final Audit Report on Biden
for President, Inc.
Proposed Final Audit Report on the
Washington State Democratic Central
Committee.
Proposed Final Audit Report on the
Tennessee Republican Party Federal
Election Account.
Proposed Final Audit Report on the
Tennessee Democratic Party.
Individuals who plan to attend and
require special assistance, such as sign
language interpretation or other
reasonable accommodations, should
contact Shawn Woodhead Werth,
Commission Secretary and Clerk, at
(202) 694–1040, at least 72 hours prior
to the hearing date.
PERSON TO CONTACT FOR INFORMATION:
Judith Ingram, Press Officer; Telephone:
(202) 694–1220.
DATE AND TIME:

Shawn Woodhead Werth,
Secretary and Clerk of the Commission.
[FR Doc. 2010–30413 Filed 12–3–10; 8:45 am]
BILLING CODE 6715–01–M

FEDERAL MARITIME COMMISSION
[Docket No. 10–11]

Smart Garments v. Worldlink Logix
Services, Inc.; Notice of Filing of
Complaint and Assignment
Notice is given that a complaint has
been filed with the Federal Maritime
Commission (‘‘Commission’’) by Smart
Garments (‘‘SG’’), hereinafter
‘‘Complainant,’’ against WORLDLINK
LOGIX SERVICE, INC. (‘‘WLLS’’).
Complainant asserts that it is a
‘‘registered partnership firm duly under
Indian Law’’ and a manufacturer and
exporter of garments. Complainant
alleges that Respondent WLLS is a
‘‘freight forwarder/common carrier’’
incorporated in New York and licensed
by the Commission.
Complainant states that it engaged
Respondent as ‘‘a shipping agency’’ to
ship two containers from Chennai, India
to New York and that the cargo was
delivered. Complainant alleges that
such deliveries ‘‘were to be made by
WLLS to the buyer, only after surrender
of the original Bill of Lading.’’
Complainant further alleges that the
‘‘consignments were wrongfully
delivered to the buyer [by WLLS],
without receiving the endorsed Bill of

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Lading * * *.’’ Complainant asserts that
‘‘the shipment is still unpaid.’’
Complainant alleges that Respondents
violated the Shipping Act of 1984 by: (1)
Giving information about the shipment
without the consent of the shipper; and
(2) ‘‘releasing the goods without original
Bill of Lading with malafide intention to
cheat and defraud’’; and by doing so
knowingly disclosed information about
the shipment without consent of the
shipper and to its detriment and failed
to observe and enforce just and
reasonable practices relating to or
connected with the receiving, handling,
sorting or delivering property in
violation of Sections 10(b)(13) and
10(d)(1) of the Shipping Act, 46 U.S.C.
41103(a) and 41102(c). Complainant
asserts that as a result of the unpaid
shipment, it is ‘‘losing goodwill,
business opportunities and loss of
further orders from our prospective
customers and bankers.’’
Complainant seeks reparations for its
lost payment, ‘‘interest on investments
for past 8 [m]onths’’, ‘‘[d]amages toward
loss of [b]usiness, [g]oodwill and
[o]pportunities’’, and ‘‘[c]ompensation
for mental agony.’’ Complainant asks the
Commission to order reparations in the
amount of $84,594, and to impose any
other relief as the Commission
determines to be proper, fair, and just.
This proceeding has been assigned to
the Office of Administrative Law Judges.
Hearing in this matter, if any is held,
shall commence within the time
limitations prescribed in 46 CFR 502.61,
and only after consideration has been
given by the parties and the presiding
officer to the use of alternative forms of
dispute resolution. The hearing shall
include oral testimony and crossexamination in the discretion of the
presiding officer only upon proper
showing that there are genuine issues of
material fact that cannot be resolved on
the basis of sworn statements, affidavits,
depositions, or other documents or that
the nature of the matter in issue is such
that an oral hearing and crossexamination are necessary for the
development of an adequate record.
Pursuant to the further terms of 46 CFR
502.61, the initial decision of the
presiding officer in this proceeding shall
be issued by November 30, 2011 and the
final decision of the Commission shall
be issued by March 29, 2012.
Karen V. Gregory,
Secretary.
[FR Doc. 2010–30436 Filed 12–3–10; 8:45 am]
BILLING CODE P

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File Typeapplication/pdf
File TitleDocument
SubjectExtracted Pages
AuthorU.S. Government Printing Office
File Modified2010-12-06
File Created2010-12-03

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