30-Day Federal Register Notice

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Federal Register / Vol. 82, No. 105 / Friday, June 2, 2017 / Notices
subject to the Federal Advisory
Committee Act.
RSTAC currently consists of 19
members. Of this number, 15 members
are appointed by the Chairman of the
Board, and the remaining four members
are comprised of the Secretary of
Transportation and the Members of the
Board, who serve as ex officio,
nonvoting members.1 Of the 15
members, nine members are voting
members and are appointed from senior
executive officers of organizations
engaged in the railroad and rail
shipping industries. At least four of the
voting members must be representatives
of small shippers as determined by the
Chairman, and at least four of the voting
members must be representatives of
Class II or III railroads. The remaining
six members to be appointed—three
representing Class I railroads and three
representing large shipper
organizations—serve in a nonvoting,
advisory capacity, but are entitled to
participate in RSTAC deliberations.
RSTAC is required by statute to meet
at least semi-annually. In recent years,
RSTAC has met four times a year.
Meetings are generally held at the
Board’s headquarters in Washington,
DC, although some are held in other
locations.
RSTAC members receive no
compensation for their services and are
required to provide for the expenses
incidental to their service, including
travel expenses, as the Board cannot
provide for these expenses. RSTAC may
solicit and use private funding for its
activities, again subject to certain
restrictions in ICCTA. RSTAC members
currently have elected to submit annual
dues to pay for RSTAC expenses.
RSTAC members must be citizens of
the United States and represent as
broadly as practicable the various
segments of the railroad and rail shipper
industries. They may not be full-time
employees of the United States.
According to revised guidance issued by
the Office of Management and Budget,
it is permissible for federally registered
lobbyists to serve on advisory
committees, such as RSTAC, as long as
they do so in a representative capacity,
rather than an individual capacity. See
Revised Guidance on Appointment of
Lobbyists to Fed. Advisory Comms.,
Bds., & Commn’s., 79 FR 47482 (Aug.
13, 2014). Members of RSTAC are
appointed to serve in a representative
capacity.
1 The Surface Transportation Board
Reauthorization Act of 2015, Pub. L. 114–110
(2015), increased the number of Board Members
from three to five. Once additional Board Members
are appointed, they will also serve as RSTAC ex
officio, nonvoting members.

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RSTAC members are appointed for
three-year terms. A member may serve
after the expiration of his or her term
until a successor has been appointed.
No member will be eligible to serve in
excess of two consecutive terms.
Due to the expiration of an RSTAC
member’s term, a vacancy exists for an
at-large (public interest) representative.
Upon appointment by the Chairman, the
new representative will serve for three
years and may be eligible to serve a
second three-year term following the
end of his or her first term.
Suggestions for candidates to fill this
vacancy should be submitted in letter
form, identify the name of the
candidate, provide a summary of why
the candidate is qualified to serve on
RSTAC, and contain a representation
that the candidate is willing to serve as
a member of RSTAC effective
immediately upon appointment. RSTAC
candidate suggestions should be filed
with the Board by June 29, 2017.
Members selected to serve on RSTAC
are chosen at the discretion of the
Board’s Chairman. Please note that
submissions will be available to the
public at the Board’s offices and posted
on the Board’s Web site under Docket
No. EP 526 (Sub-No. 9).
Authority: 49 U.S.C. 1325.
Decided: May 30, 2017.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2017–11426 Filed 6–1–17; 8:45 am]
BILLING CODE 4915–01–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Joint Comment Request
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.
AGENCY:

In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995, the OCC,
the Board, and the FDIC (the agencies)

SUMMARY:

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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 March 1, 2017, the agencies, under
the auspices of the Federal Financial
Institutions Examination Council
(FFIEC), requested public comment on a
proposal to extend, with revision, the
Regulatory Capital Reporting for
Institutions Subject to the Advanced
Capital Adequacy Framework (FFIEC
101). The FFIEC 101 is completed only
by banking organizations subject to the
advanced approaches risk-based capital
rule. Generally, this rule applies to
banking organizations with $250 billion
or more in total consolidated assets or
$10 billion or more in on-balance sheet
foreign exposures (advanced approaches
banking organizations).
The agencies proposed to remove two
credit valuation adjustment (CVA) items
from the exposure at default (EAD)
column on FFIEC 101 Schedule B,
Summary Risk-Weighted Asset
Information for Banks Approved to Use
Advanced Internal Ratings-Based and
Advanced Measurement Approaches for
Regulatory Capital Purposes (items 31.a
and 31.b, column D).
The comment period for this proposal
expired on May 1, 2017. The agencies
did not receive any comments
addressing the proposed changes and
are now submitting requests to OMB for
review and approval of the extension,
with revision, of the FFIEC 101. These
reporting changes would take effect as
of the September 30, 2017, report date.
DATES: Comments must be submitted on
or before July 3, 2017.
ADDRESSES: Interested parties are
invited to submit written comments to
any or all of the agencies. All comments,
which should refer to the OMB control
number(s), will be shared among the
agencies.
OCC: Because paper mail in the
Washington, DC, area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
email, if possible to prainfo@
occ.treas.gov. Comments may be sent to:
Legislative and Regulatory Activities
Division, Office of the Comptroller of
the Currency, Attention: 1557–0239
(FFIEC 101), 400 7th Street SW., Suite
3E–218, Washington, DC 20219. In
addition, comments may be sent by fax
to (571) 465–4326. You may personally
inspect and photocopy comments at the
OCC, 400 7th Street SW., Washington,
DC 20219. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You

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Federal Register / Vol. 82, No. 105 / Friday, June 2, 2017 / Notices

may do so by calling (202) 649–6700 or,
for persons who are deaf or hard of
hearing, TTY, (202) 649–5597. Upon
arrival, visitors will be required to
present valid government-issued photo
identification and to submit to security
screening in order to inspect and
photocopy comments.
All comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
enclose any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
Board: You may submit comments,
which should refer to ‘‘FFIEC 101,’’ by
any of the following methods:
• Agency Web site: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at:
http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: regs.comments@
federalreserve.gov. Include reporting
form number in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• 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
from the Board’s Web site at
www.federalreserve.gov/generalinfo/
foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper form in Room 3515, 1801 K Street
NW. (between 18th and 19th Streets
NW.), Washington, DC 20006 between
9:00 a.m. and 5:00 p.m. on weekdays.
FDIC: You may submit comments,
which should refer to ‘‘FFIEC 101,’’ by
any of the following methods:
• Agency Web site: https://
www.fdic.gov/regulations/laws/federal/.
Follow the instructions for submitting
comments on the FDIC Web site.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: [email protected].
Include ‘‘FFIEC 101’’ in the subject line
of the message.
• Mail: Manuel E. Cabeza, Counsel,
Room MB–3007, Attn: Comments,
Federal Deposit Insurance Corporation,
550 17th Street NW., Washington, DC
20429.

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• Hand Delivery: Comments may be
hand delivered to the guard station at
the rear of the 550 17th Street Building
(located on F Street) on business days
between 7:00 a.m. and 5:00 p.m.
Public Inspection: All comments
received will be posted without change
to https://www.fdic.gov/regulations/
laws/federal/ including any personal
information provided. Comments may
be inspected at the FDIC Public
Information Center, Room E–1002, 3501
Fairfax Drive, Arlington, VA 22226,
between 9:00 a.m. and 5:00 p.m. on
business days.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW.,
Washington, DC 20503; by fax to (202)
395–6974; or by email to oira_
[email protected].
FOR FURTHER INFORMATION CONTACT: For
further information about the proposed
revisions to regulatory reporting
requirements discussed in this notice,
please contact any of the agency
clearance officers whose names appear
below. In addition, copies of the
proposed revised FFIEC 101 form and
instructions can be obtained at the
FFIEC’s Web site (http://www.ffiec.gov/
ffiec_report_forms.htm).
OCC: Shaquita Merritt, OCC Clearance
Officer, (202) 649–5490 or, for persons
who are deaf or hard of hearing, TTY,
(202) 649–5597, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219.
Board: Nuha Elmaghrabi, Federal
Reserve Board Clearance Officer, (202)
452–3829, Office of the Chief Data
Officer, Board of Governors of the
Federal Reserve System, Washington,
DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact
(202) 263–4869, Board of Governors of
the Federal Reserve System,
Washington, DC 20551.
FDIC: Manuel E. Cabeza, Counsel,
(202) 898–3767, Federal Deposit
Insurance Corporation, 550 17th Street
NW., Room MB–3007, Washington, DC
20429.
SUPPLEMENTARY INFORMATION: The
agencies are proposing to extend for
three years, with revision, the FFIEC
101, which is currently an approved
collection of information for each
agency.
Report Title: Risk-Based Capital
Reporting for Institutions Subject to the
Advanced Capital Adequacy
Framework.

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Form Number: FFIEC 101.
Frequency of Response: Quarterly.
Affected Public: Business or other forprofit.
OCC
OMB Control No.: 1557–0239.
Estimated Number of Respondents: 20
national banks and federal savings
associations.
Estimated Time per Response: 674
burden hours per quarter to file.
Estimated Total Annual Burden:
53,920 burden hours to file.
Board
OMB Control No.: 7100–0319.
Estimated Number of Respondents: 6
state member banks; 16 bank holding
companies and savings and loan
holding companies; and 6 intermediate
holding companies.
Estimated Time per Response: 674
burden hours per quarter for state
member banks to file, 677 burden hours
per quarter for bank holding companies
and savings and loan holding
companies to file; and 3 burden hours
per quarter for intermediate holding
companies to file.
Estimated Total Annual Burden:
16,176 burden hours for state member
banks to file; 43,328 burden hours for
bank holding companies and savings
and loan holding companies to file; and
72 burden hours for intermediate
holding companies to file.
FDIC
OMB Control No.: 3064–0159.
Estimated Number of Respondents: 2
insured state nonmember banks and
state savings associations.
Estimated Time per Response: 674
burden hours per quarter to file.
Estimated Total Annual Burden:
5,392 burden hours to file.
General Description of Reports
Each advanced approaches banking
organization is required to file quarterly
regulatory capital data on the FFIEC
101. The FFIEC 101 information
collection is mandatory for advanced
approaches banking organizations: 12
U.S.C. 161 (national banks), 12 U.S.C.
324 (state member banks), 12 U.S.C.
1844(c) (bank holding companies), 12
U.S.C. 1467a(b) (savings and loan
holding companies), 12 U.S.C. 1817
(insured state nonmember commercial
and savings banks), 12 U.S.C. 1464
(savings associations), and 12 U.S.C.
1844(c), 3106, and 3108 (intermediate
holding companies).
The agencies use these data to assess
and monitor the levels and components
of each reporting entity’s capital
requirements and the adequacy of the

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entity’s capital under the Advanced
Capital Adequacy Framework; to
evaluate the impact of the Advanced
Capital Adequacy Framework on
individual reporting entities and on an
industry-wide basis and its competitive
implications; and to supplement on-site
examination processes. The reporting
schedules also assist advanced
approaches banking organizations in
understanding expectations relating to
the system development necessary for
implementation and validation of the
Advanced Capital Adequacy
Framework. Submitted data that are
released publicly will also provide other
interested parties with information
about advanced approaches banking
organizations’ regulatory capital.
Current Actions
On March 1, 2017, the agencies
requested comment on proposed
revisions to the FFIEC 101 reporting
requirements.1 The proposed revisions
would remove EAD information related
to CVAs that already is captured in a
separate item on FFIEC 101 Schedule B.
Specifically, the agencies proposed to
remove column D (EAD) for items 31.a,
‘‘Credit valuation adjustments—simple
approach,’’ and 31.b, ‘‘Credit valuation
adjustments—advanced approach.’’
These line items were added to the
FFIEC 101 report in March of 2014, and
were intended to provide data
pertaining to the CVA requirements
under the agencies’ regulatory capital
rules 2 for over-the-counter (OTC)
derivative activities.
The agencies subsequently
determined that the EAD information
reported in column D of items 31.a and
31.b on FFIEC 101 Schedule B is already
captured in column D of item 10 (OTC
derivatives—no cross-product netting—
EAD adjustment method) on FFIEC 101
Schedule B. Continuing to collect the
same EAD information in both places is
not only redundant, but also may be
misinterpreted by the users of FFIEC
101 data as additional default risk held
by the reporting entity. For these
reasons, the agencies proposed
removing column D for items 31.a and
31.b on FFIEC 101 Schedule B. The
agencies would continue to collect the
amount of risk-weighted assets for CVAs
in column G of items 31.a and 31.b on
FFIEC 101 Schedule B.
The comment period for this proposal
expired on May 1, 2017. The agencies
did not receive any comments on the
1 82

FR 12274 (March 1, 2017).
national banks and federal savings
associations, 12 CFR part 3 (OCC); for state member
banks and holding companies, 12 CFR part 217
(Board); and for state nonmember banks and state
savings associations, 12 CFR part 324 (FDIC).
2 For

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proposal and are now submitting
requests to OMB for review and
approval of the extension, with revision,
of the FFIEC 101. While the agencies
originally proposed making the changes
effective as of the June 30, 2017, report
date, due to the time required for the
PRA revision process, the agencies have
revised the proposal. As revised, the
reporting changes would instead take
effect as of the September 30, 2017,
report date. However, as the two items
being removed are not made public or
otherwise shared outside the agencies,
reporting entities may elect to adopt the
changes immediately by ceasing to
report column D of items 31.a and 31.b
on FFIEC 101 Schedule B.
Request for Comment
Public comment is requested on all
aspects of this joint notice. 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 information.
Comments submitted in response to
this joint notice will be shared among
the agencies. All comments will become
a matter of public record.
Dated: May 24, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
Board of Governors of the Federal Reserve
System, May 25, 2017.
Ann E. Misback,
Secretary of the Board.
Dated at Washington, DC, this 26th day of
May, 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–11420 Filed 6–1–17; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P

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DEPARTMENT OF THE TREASURY
Multiemployer Pension Plan
Application To Reduce Benefits
Department of the Treasury.
Notice of availability; extension
of comment period.

AGENCY:
ACTION:

On April 19, 2017, the
Department of the Treasury published a
notice of availability and request for
comments regarding an application to
reduce benefits under the United
Furniture Workers Pension Fund A
(UFW Pension Fund) in accordance
with the Multiemployer Pension Reform
Act of 2014. The purpose of this notice
is to extend the comment period and
provide more time for interested parties
to provide comments.
DATES: The comment period for the
notice published April 19, 2017 (82 FR
18536), is extended. Comments must be
received on or before June 20, 2017.
ADDRESSES: You may submit comments
electronically through the Federal
eRulemaking Portal at http://
www.regulations.gov, in accordance
with the instructions on that site.
Electronic submissions through
www.regulations.gov are encouraged.
Comments may also be mailed to the
Department of the Treasury, MPRA
Office, 1500 Pennsylvania Avenue NW.,
Room 1224, Washington, DC 20220.
Attn: Eric Berger. Comments sent via
facsimile and email will not be
accepted.
Additional Instructions. All
comments received, including
attachments and other supporting
materials, will be made available to the
public. Do not include any personally
identifiable information (such as Social
Security number, name, address, or
other contact information) or any other
information in your comment or
supporting materials that you do not
want publicly disclosed. Treasury will
make comments available for public
inspection and copying on
www.regulations.gov or upon request.
Comments posted on the Internet can be
retrieved by most Internet search
engines.
SUMMARY:

For
information regarding the application
from the UFW Pension Fund, please
contact Treasury at (202) 622–1534 (not
a toll free number).
SUPPLEMENTARY INFORMATION: The
Multiemployer Pension Reform Act of
2014 (MPRA) amended the Internal
Revenue Code to permit a
multiemployer plan that is projected to
have insufficient funds to reduce
pension benefits payable to participants
FOR FURTHER INFORMATION CONTACT:

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