FR1 - 82 FR 56240 (Nov 28 2017)

FR1 - 82 FR 56240 (Nov 28 2017) - 3064-0177.pdf

Treatment by the FDIC as Conservator or Receiver of Financial Assets Transferred by an Insured Depository Institution in Connection With a Securitization or Participation After September 30, 2010.

FR1 - 82 FR 56240 (Nov 28 2017)

OMB: 3064-0177

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56240

Federal Register / Vol. 82, No. 227 / Tuesday, November 28, 2017 / Notices

Services and Speech-to-Speech Services
for Individuals with Hearing and Speech
Disabilities, CG Docket No. 03–123,
Declaratory Ruling, 72 FR 6960,
February 14, 2007, granting a request for
clarification that Internet Protocol (IP)
captioned telephone relay service (IP
CTS) is a type of TRS eligible for
compensation from the Fund.
On August 26, 2013, the Commission
issued Misuse of Internet Protocol (IP)
Captioned Telephone Service;
Telecommunications Relay Services and
Speech-to-Speech Services for
Individuals with Hearing and Speech
Disabilities, CG Docket Nos. 13–24 and
03–123, Report and Order, 78 FR 53684,
August 30, 2013, to regulate practices
relating to the marketing of IP CTS,
impose certain requirements for the
provision of this service, and mandate
registration and certification of IP CTS
users.
This notice and request for comments
pertains to the extension of the
currently approved information
collection requirements for one-line and
two-line captioned telephone service
(CTS) and Internet Protocol captioned
telephone service (IP CTS) rules and
update the estimates of existing burdens
that were included in the January 2015
Paperwork Reduction Act (PRA)
submission to the Office of Management
and Budget (OMB).
Federal Communications Commission.
Marlene H. Dortch,
Secretary. Office of the Secretary.
[FR Doc. 2017–25675 Filed 11–27–17; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL COMMUNICATIONS
COMMISSION
[CC Docket No. 92–237; DA 17–1123]

Next Meeting of the North American
Numbering Council
Federal Communications
Commission.
ACTION: Notice.
AGENCY:

In this document, the
Commission released a public notice
announcing the meeting and agenda of
the North American Numbering Council
(NANC). The primary agenda of this
meeting will be to introduce members of
the Committees, set out initial
assignments, and provide more
information about the Working Groups.
The NANC will also begin discussing
how to modernize and foster more
efficient number administration in the
United States. The agenda may be
modified at the discretion of the NANC
Chair and the Designated Federal

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SUMMARY:

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Officer (DFO). The NANC meeting is
open to the public. The FCC will
accommodate as many attendees as
possible; however, admittance will be
limited to seating availability. The
Commission will also provide audio
coverage of the meeting. Other
reasonable accommodations for people
with disabilities are available upon
request. Request for such
accommodations should be submitted
via email to [email protected] or by calling
the Consumer and governmental Affairs
Bureau @(202) 418–0530 (voice) (202)
418–0432 (TTY). Such requests should
include a detailed description of the
accommodation needed. In addition,
please allow at least five days advance
notice for accommodation requests; last
minute requests will be accepted but
may not be possible to accommodate.
Members of the public may submit
comments to the NANC in the FCC’s
Electronic Comment Filing System,
ECFS, at www.fcc.gov/ecfs. Comments to
the NANC should be filed in CC Docket
No. 92–237.
More information about the NANC is
available at https://www.fcc.gov/aboutfcc/advisory-committees/general/northamerican-numbering-council.
DATES: Thursday, December 7, 2017,
9:30 a.m.
ADDRESSES: Requests to make an oral
statement or provide written comments
to the NANC should be sent to Carmell
Weathers, Competition Policy Division,
Wireline Competition Bureau, Federal
Communications Commission, Portals
II, 445 12th Street SW., Room 5–C162,
Washington, DC 20554.
FOR FURTHER INFORMATION CONTACT:
Marilyn Jones, NANC DFO, at
[email protected], or (202) 418–
2357, Michelle Sclater, Alternate DFO,
at [email protected], or (202)
418–0388; or Carmell Weathers, Special
Assistant to the DFO, at
[email protected], or (202) 418–
2325. The fax number is: (202) 418–
1413. The TTY number is: (202) 418–
0484.
SUPPLEMENTARY INFORMATION: This is a
summary of the Commission’s
document in CC Docket No. 92–237, DA
17–1123 released November 20, 2017.
The complete text in this document is
available for public inspection and
copying during normal business hours
in the FCC Reference Information
Center, Portals II, 445 12th Street SW.,
Room CY–A257, Washington, DC 20554.
The document may also be purchased
from the Commission’s duplicating
contractor, Best Copy and Printing, Inc.,
445 12th Street SW., Room CY–B402,
Washington, DC 20554, telephone (800)
378–3160 or (202) 863–2893, facsimile

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(202) 863–2898, or via the Internet at
http://www.bcpiweb.com. It is available
on the Commission’s Web site at http://
www.fcc.gov.
Federal Communications Commission.
Marilyn Jones,
Senior Counsel for Number Administration,
Wireline Competition Bureau.
[FR Doc. 2017–25633 Filed 11–27–17; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0177)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collection, as required by
the Paperwork Reduction Act of 1995.
Currently, the FDIC is soliciting
comment on renewal of the information
collection described below.
DATES: Comments must be submitted on
or before January 29, 2018.
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.
• Email: [email protected]. Include
the name and number of the collection
in the subject line of the message.
• Mail: Jennifer Jones (202–898–
6768), Counsel, MB–3105, 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 7:00 a.m. and 5:00 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:
Jennifer Jones, at the FDIC address
above.
SUMMARY:

SUPPLEMENTARY INFORMATION:

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Federal Register / Vol. 82, No. 227 / Tuesday, November 28, 2017 / Notices
Proposal To Renew the Following
Currently Approved Collections of
Information

Insured Depository Institution in
Connection With a Securitization or
Participation After September 30, 2010.
OMB Number: 3064–0177.
Form Number: None.

1. Title: Conservator or Receiver of
Financial Assets Transferred by an

56241

Affected Public: Insured Depository
Institutions.
Burden Estimate:

SUMMARY OF ANNUAL BURDEN AND INTERNAL COST
[3064–0177]

Type of burden

Disclosures:
360.6(b)(2)(i)(A), (D) Ongoing.
Private Transactions Non Reg AB Compliant.
360.6(b)(2)(i)(D) .................................................
360.6(b)(2)(ii)(B) Initial/One-Time .....................
360.6(b)(2)(ii)(C ) ...............................................

Estimated
number of
respondents

Estimated
number of
responses
(average
number of
transactions)

Estimated
time per
response

Estimated
frequency

Frequency
of response

Total annual
estimated
burden

Disclosure .............

19

1.895

37

12.0

Monthly ............

15,984

Disclosure .............
Disclosure .............
Disclosure .............

35
1
1

1.971
6.000
6.000

3
1
1

1.0
1.0
1.0

On Occasion ...
On Occasion ...
On Occasion ...

207
6
6

Total Disclosure Burden .....................
Recordkeeping:
360.6(c)(7) .........................................................

...............................

....................

....................

....................

....................

.........................

16,203

Recordkeeping .....

35

1.971

1

1.0

On Occasion ...

69

Total Recordkeeping Burden .....................

...............................

....................

....................

....................

....................

.........................

69

TotalB Burden ....................................... ...............................

....................

....................

....................

....................

.........................

16,272

SUMMARY OF CAPITAL/START-UP COSTS
[3064–0177]
360.6(b)(2)(i)(A), (B)—Initial/One-Time—Capital/Start-Up Costs—
# of sponsors that have never done a registered transaction
in particular asset class since November 23, 2016—
effective date for compliance with new Reg AB—and prior to
doing a private transaction

Cost per hour

Total cost of
annual
estimated
burden
(Internal)

2,760
51,680
5,400

$250 .........................
250 ...........................
250 ...........................

$690,000
$12,920,000
$1,350,000

Total .......................................................................................... ....................... .................... .................... ....................
(a) Existing systems and procedures for each required data point for all three asset classes = 10 ................................................

..................................
# of respondents ......

$14,960,000
19

(b) The number of hours required to adjust systems to provide asset level data in XML format for each required data point = 10

cost/respondent .......

$787,368.42

(c) Estimated number of data points (per SEC Reg AB Rule PRA) = for auto 138, for CMBS 152, for RMBS 270 .......................

..................................

....................

Private Transactions—Auto .............................................................
Private Transactions—CMBS ..........................................................
Private Transactions—RMBS * ........................................................

Estimated
number of
respondents

Estimated
hours per
respondent
[(a + b) * c]

1
17
1

2,760
3,040
5,400

Disclosure .....
Disclosure .....
Disclosure .....

Total start
up hours

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* For RMBS transactions, the sponsors will also incur an external cost in connection with securing a third-party due diligence report on compliance with
360.6(b)(2)(ii)(B). This cost is estimated to be $500,000 per transaction.

General Description of Collection: To
facilitate better ongoing evaluation of
the quality of lending by banks and to
reduce risks to the Deposit Insurance
Fund from the opaque securitization
structures and the poorly underwritten
loans that led to the onset of the recent
financial crisis, insured depository
institutions must require compliance
with certain disclosure and other
requirements (including compliance
with the U.S. Securities and Exchange
Commission (SEC) Regulation AB) for
securitizations (other than
grandfathered transactions) as a
prerequisite for the transfer of financial
assets by an insured depository
institution in connection with a
securitization transaction to be eligible
for the benefits provided by Part 360.6
of the FDIC’s Regulations. Requirements

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for safe harbor treatment of loan
participations are also set forth.
There is no change to the FDIC’s Part
360.6. The change in hourly burden and
initial start-up costs are mostly
attributed to the SEC’s changes to
Regulation AB in its September 24, 2014
final rule.
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

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collected; and (d) ways to minimize the
burden of the collection of information
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 22nd day of
November 2017. Federal Deposit Insurance
Corporation
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2017–25638 Filed 11–27–17; 8:45 am]
BILLING CODE 6714–01–P

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