60-day Federal Register Notice

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Federal Register / Vol. 80, No. 32 / Wednesday, February 18, 2015 / Notices
calculation of items pertaining to the
comprehensive risk capital requirement.
The agencies have updated the relevant
items on the reporting form and
instructions to align with the
calculation methodology for the
comprehensive risk capital requirement
in the market risk capital rule.8
The proposed reporting form also has
a Memoranda section that is comprised
of 22 line items. Because these line
items do not directly contribute to the
determination of market RWAs, they
would be reported in the separate
Memoranda section. The agencies
believe that these items will provide
additional insight into the risk profile of
a market risk institution’s trading
activity. For example, the first twelve
lines of the Memoranda section will
contribute to the agencies’
understanding of the degree to which
diversification effects across the
principal market risk drivers are
material.
In developing this proposal, the
agencies considered several tradeoffs
between the reporting burden on market
risk institutions and the information
needs of bank supervisors. One issue
that the agencies identified was that
market risk institutions have exposures
in certain products that might fit into
more than one of the specified risk
categories (e.g., interest rate, equity,
foreign exchange, commodities, and
credit). For example, convertible
securities will mostly be subject to
interest rate risk unless their value
converges with that of the underlying
equity. Similarly, foreign exchange
swaps are primarily interest rate
positions, but it is possible that a market
risk institution might classify some as
subject to foreign exchange risk.
Accordingly, for purposes of reporting
the VaR- or stressed VaR-based
measures on the FFIEC 102, market risk
institutions may classify their exposures
in the same risk categories in which
they are reported internally. Similarly,
for purposes of reporting on the
proposed FFIEC 102, the agencies have
proposed to define diversification
benefit as any adjustment to VaR- or
stressed VaR-based measures that a
market risk institution makes to reflect
the absence of a perfect statistical
correlation between the values of the
underlying positions. The agencies also
recognize that some market risk
institutions may not adjust for
diversification benefits in their VaR- or
stressed VaR-based estimates, and in
that case a market risk institution would
8 See 12 CFR part 3, subpart F (OCC); 12 CFR part
217 subpart F (Board); and 12 CFR part 324, subpart
F (FDIC).

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not be required to estimate such benefits
for purposes of reporting on the FFIEC
102.
V. Electronic Submission of Reports
Consistent with the requirements for
the agencies’ reports that collect data
under the current regulatory capital
reporting requirements,9 market risk
institutions subject to the proposed
reporting requirements would be
required to submit the FFIEC 102 in an
electronic format using file
specifications and formats to be
determined by the agencies.

Public comment is requested on all
aspects of this joint notice. In particular,
do market risk institutions expect that
making any specific line items on the
proposed FFIEC 102 public would cause
them competitive or other harm? If so,
please identify the specific line items
and describe in detail the nature of the
harm.
Additionally, comments are invited
on:
(a) Whether 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 the information.
Comments submitted in response to
this joint notice will be shared among
the agencies. All comments will become
a matter of public record.
9 Consolidated Reports of Condition and Income
for a Bank with Domestic and Foreign Offices
(FFIEC 031), Consolidated Reports of Condition and
Income for a Bank with Domestic Offices Only
(FFIEC 041), Consolidated Financial Statements for
Holding Companies (FR Y–9C), and Regulatory
Capital Reporting for Institutions Subject to the
Advanced Capital Adequacy Framework (FFIEC
101) (OMB Numbers: OCC, 1557–0239; Board,
7100–0319; and FDIC, 3064–0159).

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Dated: February 6, 2015.
Stuart Feldstein,
Director, Legislative and Regulatory Activities
Division, Office of the Comptroller of the
Currency.
Board of Governors of the Federal Reserve
System, February 10, 2015.
Robert deV. Frierson,
Secretary of the Board.
Dated at Washington, DC, this 6th day of
February, 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015–03265 Filed 2–17–15; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P

VI. Request for Comment

PO 00000

8763

FEDERAL RETIREMENT THRIFT
INVESTMENT BOARD
Sunshine Act; Notice of Meeting
10:00 a.m. February 23,
2015 (Telephonic).
PLACE: 10th Floor Board Meeting Room,
77 K Street, NE., Washington, DC 20002.
STATUS: Open to the public.
MATTERS TO BE CONSIDERED:
TIME AND DATE:

Open to the Public
1. Approval of the Minutes of the
January 26, 2015 Board Member
Meeting
2. Monthly Reports
a. Monthly Participant Activity Report
b. Monthly Investment Policy Report
c. Legislative Report
3. Internal Audit Plan
CONTACT PERSON FOR MORE INFORMATION:
Kimberly Weaver, Director, Office of
External Affairs, (202) 942–1640.
Dated: February 13, 2015.
Megan Grumbine,
Deputy General Counsel, Federal Retirement
Thrift Investment Board.
[FR Doc. 2015–03424 Filed 2–13–15; 11:15 am]
BILLING CODE 6720–01–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0321]

Proposed Information Collection
(Appointment of Veterans Service
Organization/or Individuals as
Claimant’s Representative) Activity:
Comment Request
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

The Veterans Benefits
Administration (VBA), Department of

SUMMARY:

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emcdonald on DSK67QTVN1PROD with NOTICES

8764

Federal Register / Vol. 80, No. 32 / Wednesday, February 18, 2015 / Notices

Veterans Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
revision of currently approved
collection, and allow 60 days for public
comment in response to the notice. This
notice solicits comments for information
needed to determine whether claimant
appointed a veterans service
organization or an individual to
prosecute their VA claims.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before April 20, 2015.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Nancy J. Kessinger, Veterans Benefits
Administration (20M33), Department of
Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420 or email to
[email protected]. Please refer to
‘‘OMB Control No. 2900–0321’’ in any
correspondence. During the comment
period, comments may be viewed online
through FDMS.
FOR FURTHER INFORMATION CONTACT:
Nancy J. Kessinger at (202) 632–8924 or
FAX (202) 632–8925.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
3501—3521), Federal agencies must
obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
or sponsor. This request for comment is
being made pursuant to Section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, VBA invites
comments on: (1) Whether the proposed
collection of information is necessary
for the proper performance of VBA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VBA’s estimate of the
burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Titles:
a. Appointment of Veterans Service
Organization as Claimant’s
Representative, VA Form 21–22.

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b. Appointment of Individual as
Claimant’s Representative, VA Form 21–
22a.
OMB Control Number: 2900–0321.
Type of Review: Revision of a
currently approved collection.
Abstract: Claimants complete VA
Forms 21–22 and 21–22a to appoint a
veterans service organization or an
individual to assist in the preparation,
representation, and prosecution of
claims for VA benefits and to authorize
VA to disclose any or all records to the
appointed representative.
Affected Public: Individuals or
households.
Estimated Annual Burden:
a. VA Form 21–22—27,083 hours.
b. VA Form 21–22a—533 hours.
Estimated Average Burden per
Respondent: 5 minutes.
Frequency of Response: One-time.
Estimated Number of Respondents:
a. VA Form 21–22—325,000.
b. VA Form 251–22a—6,400.
Dated: February 12, 2015.
By direction of the Secretary.
Crystal Rennie,
Department Clearance Officer, Department of
Veterans Affairs.
[FR Doc. 2015–03248 Filed 2–17–15; 8:45 am]
BILLING CODE 8320–01–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0674]

Proposed Information Collection
(Clarification of a Notice of
Disagreement) Activity Comment
Request
Board of Veterans’ Appeals,
Department of Veterans Affairs.
ACTION: Notice.
AGENCY:

The Board of Veterans’
Appeals (BVA), Department of Veterans
Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
revision of a currently approved
collection, and allow 60 days for public
comment in response to the notice. This
notice solicits comments on the
information needed to clarify actions
taken by the agency of original
jurisdiction regarding a claimant’s
disagreement with his or her rating
decision.
DATES: Written comments and
recommendations on the proposed
SUMMARY:

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collection of information should be
received on or before April 20, 2015.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Sue Hamlin, Board of Veterans’ Appeals
(01C2), Department of Veterans Affairs,
810 Vermont Avenue NW., Washington,
DC 20420 or email [email protected].
Please refer to ‘‘OMB Control No. 2900–
0674’’ in any correspondence. During
the comment period, comments may be
viewed online through FDMS.
FOR FURTHER INFORMATION CONTACT: Sue
Hamlin at (202) 632–5100 or fax (202)
632–5841.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
3501–3521), Federal agencies must
obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
or sponsor. This request for comment is
being made pursuant to Section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, BVA invites
comments on: (1) Whether the proposed
collection of information is necessary
for the proper performance of BVA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of BVA’s estimate of the
burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Title: Clarification of Notice of
Disagreement.
OMB Control Number: 2900–0674.
Type of Review: Revision of a
currently approved collection.
Abstract: A Notice of Disagreement
(NOD) is a written communication from
a claimant or his or her representative
to express disagreement or
dissatisfaction with the result of an
adjudicative determination by the
agency of original jurisdiction (AOJ).
The data collected will be used by the
AOJ to reexamine the issues in dispute
and to determine if additional review or
development is warranted.
Affected Public: Individuals or
households.
Estimated Total Annual Burden:
122,487.
Estimated Average Burden per
Respondent: 1 hour.
Frequency of Response: On occasion.
Estimated Total Number of
Respondents: 122,487.

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