FR2 - 83 FR 7036 (Feb 16 2018)

FR2 - 83 FR 7036 (Feb 16 2018) - 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.

FR2 - 83 FR 7036 (Feb 16 2018)

OMB: 3064-0177

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7036

Federal Register / Vol. 83, No. 33 / Friday, February 16, 2018 / Notices

with the comments, and submit an
unbound original and three copies.
Instructions: Direct your comments to
docket number EPA–HQ–ORD–2017–
0747 for uranium. Please ensure that
your comments are submitted within
the specified comment period.
Comments received after the closing
date will be marked ‘‘late,’’ and may
only be considered if time permits. It is
EPA’s policy to include all comments it
receives in the public docket without
change and to make the comments
available online at www.regulations.gov,
including any personal information
provided, unless a comment includes
information claimed to be Confidential
Business Information (CBI) or other
information for which disclosure is
restricted by statute. Do not submit
information through
www.regulations.gov or email that you
consider to be CBI or otherwise
protected. The www.regulations.gov
website is an ‘‘anonymous access’’
system, which means EPA will not
know your identity or contact
information unless you provide it in the
body of your comment. If you send an
email comment directly to EPA without
going through www.regulations.gov,
your email address will be
automatically captured and included as
part of the comment that is placed in the
public docket and made available on the
internet. If you submit an electronic
comment, EPA recommends that you
include your name and other contact
information in the body of your
comment and with any disk or CD–ROM
you submit. If EPA cannot read your
comment due to technical difficulties
and cannot contact you for clarification,
EPA may not be able to consider your
comment. Electronic files should avoid
the use of special characters, any form
of encryption, and be free of any defects
or viruses. For additional information
about EPA’s public docket visit the EPA
Docket Center homepage at
www.epa.gov/epahome/dockets.htm.
Docket: Documents in the docket are
listed in the www.regulations.gov index.
Although listed in the index, some
information is not publicly available,
e.g., CBI or other information whose
disclosure is restricted by statute.
Certain other materials, such as
copyrighted material, are publicly
available only in hard copy. Publicly
available docket materials are available
either electronically in
www.regulations.gov or in hard copy at
the ORD Docket in the EPA
Headquarters Docket Center.

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Dated: February 7, 2018.
Tina Bahadori,
Director, National Center for Environmental
Assessment.
[FR Doc. 2018–03195 Filed 2–15–18; 8:45 am]
BILLING CODE 6560–50–P

ENVIRONMENTAL PROTECTION
AGENCY
[ER–FRL–9037–6]

Environmental Impact Statements;
Notice of Availability
Responsible Agency: Office of Federal
Activities, General Information (202)
564–7156 or http://www2.epa.gov/nepa.
Weekly receipt of Environmental Impact
Statements
Filed 02/05/2018 Through 02/09/2018
Pursuant to 40 CFR 1506.9.
Notice
Section 309(a) of the Clean Air Act
requires that EPA make public its
comments on EISs issued by other
Federal agencies. EPA’s comment letters
on EISs are available at: http://
cdxnodengn.epa.gov/cdx-nepa-public/
action/eis/search.
EIS No. 20180017, Final Supplement,
FERC, FL, Southeast Market Pipelines
Project, Review Period Ends: 03/19/
2018, Contact: John Peconom 202–
502–6352.
EIS No. 20180018, Final, USFS, MT,
Tenmile—South Helena Project,
Review Period Ends: 03/19/2018,
Contact: Allen Byrd 406–495–3903.
EIS No. 20180019, Draft, USFS, ID, Lolo
Insect & Disease Project, Comment
Period Ends: 04/02/2018, Contact:
Sara Daugherty 208–926–6404.
EIS No. 20180020, Draft, FERC, OK,
Midcontinent Supply Header
Interstate Pipeline Project, Comment
Period Ends: 04/02/2018, Contact:
Elaine Baum 202–502–6467.
Dated: February 12, 2018.
Kelly Knight,
Director, NEPA Compliance Division, Office
of Federal Activities.
[FR Doc. 2018–03182 Filed 2–15–18; 8:45 am]
BILLING CODE 6560–50–P

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.
On November 28, 2017, the FDIC
requested comment for 60 days on a
proposal to renew the information
collection described below. One
comment was received and was
generally supportive of the requirements
in the rule but did not address the
paperwork burden for this information
collection. The FDIC hereby gives notice
of its plan to submit to OMB a request
to approve the renewal of this
collection, and again invites comment
on this renewal.

SUMMARY:

Comments must be submitted on
or before March 19, 2018.

DATES:

Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal.
• 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.

ADDRESSES:

FOR FURTHER INFORMATION CONTACT:

Jennifer Jones, at the FDIC address
above.
On
November 28, 2017, the FDIC requested
comment for 60 days on a proposal to
renew the information collection
described below. One comment was
received and was generally supportive
of the requirements in the rule but did
not address the paperwork burden for
this information collection. The FDIC
hereby gives notice of its plan to submit
to OMB a request to approve the
renewal of this collection, and again
invites comment on this renewal.

SUPPLEMENTARY INFORMATION:

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

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7037

Federal Register / Vol. 83, No. 33 / Friday, February 16, 2018 / 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

Affected Public: Insured Depository
Institutions.
Burden Estimate:

SUMMARY OF ANNUAL BURDEN
[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
responses
(average
number of
transactions)

Estimated
number of
respondents

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

Total 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

Estimated
number of
respondents
(sponsors)

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

Total start
up hours

Cost per hour

Total cost
of annual
estimated
burden
(internal)

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

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

1
17
1

2,760
3,040
5,400

2,760
51,680
5,400

$133 ...............
$133 ...............
$133 ...............

$367,529
$6,881,838
$719,078

Total .........................................................

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

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

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

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

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

$7,968,444

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

# of sponsors

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/sponsor ..

$419,391.79

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

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

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

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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: Part
360.6 of the FDIC’s regulations sets forth
certain conditions that must be satisfied
for a securitization transaction
sponsored by an insured depository
institution to be eligible for special
treatment in the event that the FDIC is
appointed receiver for the sponsor.
Among other conditions, the
securitization documents must require
compliance with certain disclosure
requirements (including the
requirements of Regulation AB of the
Securities and Exchange Commission).
Conditions of eligibility for special

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treatment for participations in financial
assets under Part 360.6 are also set forth.
There is no change to the FDIC’s Part
360.6 affecting this information
collection. 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

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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 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.

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7038

Federal Register / Vol. 83, No. 33 / Friday, February 16, 2018 / Notices

Dated at Washington, DC, this 12th day of
February 2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–03198 Filed 2–15–18; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:

The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
voluntary Policy Impact Survey (FR
3075 OMB No. 7100–00362).
DATES: Comments must be submitted on
or before April 17, 2018.
ADDRESSES: You may submit comments,
identified by FR 3075 by any of the
following methods:
• Agency website: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at
http://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: regs.comments@
federalreserve.gov. Include OMB
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 website at http://
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. Public comments
may also be viewed electronically or in
paper form in Room 3515, 1801 K Street
(between 18th and 19th Streets NW)
Washington, DC 20006 between 9:00
a.m. and 5:00 p.m. on weekdays.
Additionally, commenters may send a
copy of their comments to the OMB
Desk Officer—Shagufta Ahmed—Office
of Information and Regulatory Affairs,
Office of Management and Budget, New
Executive Office Building, Room 10235,

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SUMMARY:

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725 17th Street NW, Washington, DC
20503 or by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: A
copy of the PRA OMB submission,
including the proposed reporting form
and instructions, supporting statement,
and other documentation will be placed
into OMB’s public docket files, if
approved. These documents will also be
made available on the Federal Reserve
Board’s public website at: http://
www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears below.
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
System, Washington, DC 20551, (202)
452–3829. Telecommunications Device
for the Deaf (TDD) users may contact
(202) 263–4869, Board of Governors of
the Federal Reserve System,
Washington, DC 20551.
SUPPLEMENTARY INFORMATION: On June
15, 1984, the Office of Management and
Budget (OMB) delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to approve and
assign OMB control numbers to
collection of information requests and
requirements conducted or sponsored
by the Board. In exercising this
delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Federal Reserve’s
functions; including whether the
information has practical utility;
b. The accuracy of the Federal
Reserve’s estimate of the burden of the
proposed 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;
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and

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e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Federal Reserve
should modify the proposal.
Proposal to approve under OMB
delegated authority the extension for
three years, without revision, of the
following report:
Report title: Policy Impact Survey.
Agency form number: FR 3075.
OMB control number: 7100–0362.
Frequency: On occasion, up to five
times a year.
Respondents: Bank holding
companies (BHCs), savings and loan
holding companies (SLHCs), nonbank
financial companies that the Financial
Stability Oversight Council has
determined should be supervised by the
Board, and the combined domestic
operations of foreign banking
organizations.
Estimated number of respondents: 14.
Estimated average hours per response:
850.
Estimated annual burden hours:
59,500.
General description of report: This
survey collects information from select
institutions regulated by the Board in
order to assess the effects of proposed,
pending, or recently-adopted policy
changes at the domestic and
international levels. For example, the
survey has been used to collect
information used for certain quantitative
impact studies (QISs) sponsored by
bodies that the Board is a member of,
such as the Basel Committee on Banking
Supervision (BCBS) and the Financial
Stability Board (FSB). Recent collections
have included the Basel III monitoring
exercise, which monitors the global
impact of the Basel III framework,1 the
global systemically important bank (G–
SIB) exercise, which assesses firms’
systemic risk profiles,2 and a survey of
the domestic systemic risk footprint of
large foreign banking organizations. The
surveys have helped the Board assess
changes in regulation related to
systemic footprint, insurance
underwriting, trading book
securitization, among other areas. Since
the collected data may change from
survey to survey, there is no fixed
reporting form.
1 For more information on the Basel III
monitoring exercise, including recent examples of
QIS surveys sponsored by the BCBS and conducted
by the Board, see www.bis.org/bcbs/qis/.
2 For more information on the G–SIB exercise, see
www.bis.org/bcbs/gsib/.

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