FR1 - 82 FR 61758 (Dec 29 2017)

FR1 - 82 FR 61758 (Dec 29 2017).pdf

Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring (LCR)

FR1 - 82 FR 61758 (Dec 29 2017)

OMB: 3064-0197

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61758

Federal Register / Vol. 82, No. 249 / Friday, December 29, 2017 / Notices

Dated: December 22, 2017.
Kelly Knight,
Director, NEPA Compliance Division, Office
of Federal Activities.
[FR Doc. 2017–28116 Filed 12–28–17; 8:45 am]
BILLING CODE 6560–50–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice to All Interested Parties of
Intent To Terminate the Receivership
of 10191, Bank of Illinois, Normal,
Illinois
Notice is hereby given that the
Federal Deposit Insurance Corporation
(FDIC or Receiver) as Receiver for Bank
of Illinois, Normal, Illinois, intends to
terminate its receivership for said
institution. The FDIC was appointed
Receiver of Bank of Illinois on March 5,
2010. The liquidation of the
receivership assets has been completed.
To the extent permitted by available
funds and in accordance with law, the
receiver will be making a final dividend
payment to proven creditors.
Based upon the foregoing, the
Receiver has determined that the
continued existence of the receivership
will serve no useful purpose.
Consequently, notice is given that the
receivership shall be terminated, to be
effective no sooner than thirty days after
the date of this notice. If any person
wishes to comment concerning the
termination of the receivership, such
comment must be made in writing and
sent within thirty days of the date of
this notice to: Federal Deposit Insurance

Corporation, Division of Resolutions
and Receiverships, Attention:
Receivership Oversight Department
34.6, 1601 Bryan Street, Dallas, TX
75201.
No comments concerning the
termination of this receivership will be
considered which are not sent within
this time frame.

Comments must be submitted on
or before February 27, 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 (202–898–6768), at the
FDIC address above.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following
currently approved collections of
information:
1. Title: Prompt Corrective Action.
OMB Number: 3064–0115.
Form Number: None.
Affected Public: State non-member
banks and savings associations.
Burden Estimate:
DATES:

Dated: December 26, 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–28142 Filed 12–28–17; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB Nos. 3064–0115 and 3064–0197]

Agency Information Collection
Activities: Proposed Collection
Renewals; Comment Request
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 collections, as required by
the Paperwork Reduction Act of 1995
(PRA). Currently, the FDIC is soliciting
comment on renewal of the information
collections described below.

SUMMARY:

ethrower on DSK3G9T082PROD with NOTICES

SUMMARY OF ANNUAL BURDEN
Estimated
number of
respondents

Estimated
frequency of
responses

Obligation to
respond

Prompt Corrective Action (12 CFR
parts 303, 324, and 390).

Reporting ...........

Voluntary ............

17

1

4

On Occasion ......

68

Total Hourly Burden ..................

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

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

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

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

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

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

68

General Description of Collection:
Sec. 38 of the FDI Act requires or
permits the FDIC to take certain
supervisory actions when institutions
fall within certain categories. The
collection consists of applications to
engage in otherwise restricted activities.
The Prompt Corrective Action (PCA)
provisions of section 38 of the Federal
Deposit Insurance Act require or permit
the FDIC and other federal banking
agencies to take certain supervisory
actions when FDIC-insured institutions
fall within certain capital categories.
They also restrict or prohibit certain

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20:09 Dec 28, 2017

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activities and require the submission of
a capital restoration plan when an
insured institution becomes
undercapitalized. Various provisions of
the statute and the FDIC’s implementing
regulations require the prior approval of
the FDIC before an FDIC-supervised
institution, or certain insured
depository institutions, can engage in
certain activities, or allow the FDIC to
make exceptions to restrictions that
would otherwise be imposed. This
collection of information consists of the
applications that are required to obtain
the FDIC’s prior approval.

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Estimated time
per response

Frequency of
response

Total annual
estimated
burden

Type of burden

There is no change in the method or
substance of the collection. The overall
reduction in burden hours is the result
of economic fluctuation. In particular,
the number of respondents has
decreased while the hours per response
and frequency of responses have
remained the same.
2. Title: Liquidity Coverage Ratio:
Liquidity Risk Measurement, Standards,
and Monitoring (LCR).
OMB Number: 3064–0197.
Form Number: None.
Affected Public: State savings
associations and State nonmember
banks that (i) have total consolidated

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Federal Register / Vol. 82, No. 249 / Friday, December 29, 2017 / Notices
assets equal to $250 billion or more; (ii)
have total consolidated on-balance sheet
foreign exposure equal to $10 billion or
more; or (iii) have total consolidated
assets equal to $10 billion or more and
are a consolidated subsidiary of one of
the following: (A) a covered depository

61759

more; or (C) a company that has been
designated by the Financial Stability
Oversight Council for supervision by the
Federal Reserve Board.
Burden Estimate:

institution holding company or
depository institution that has total
assets equal to $250 billion or more; (B)
a covered depository institution holding
company or depository institution that
has total consolidated on-balance sheet
foreign exposure equal to $10 billion or

ethrower on DSK3G9T082PROD with NOTICES

SUMMARY OF ANNUAL BURDEN
Type of burden

Obligation to
respond

Estimated
number of
respondents

Estimated
frequency of
responses

Estimated time
per response

Frequency of
response

Total annual
estimated
burden

Liquidity Coverage Ratio (LCR)—12
CFR 329.40(a), (b).
§ 329.40(a) Notification that liquidity
coverage ratio is less than minimum in § 329.10.
§ 329.40(b) Notification that liquidity
coverage ratio is less than minimum in § 329.10 for 3 consecutive days or otherwise noncompliant.
§ 329.40(b) Plan for achieving compliance.
§ 329.40(b)(4) Weekly report of
progress toward achieving compliance.
Liquidity Coverage Ratio (LCR)—12
CFR 329.22(a)(2), (5).
§ 329.22(a)(2) Policies that require
eligible HQLA to be under control
of liquidity risk management function.
§ 329.22(a)(5) Documented methodology providing consistent treatment for determining whether eligible HQLA meets operational requirements.

Reporting ...........

Mandatory ..........

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

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

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

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

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

Reporting ...........

Mandatory ..........

2

12

0.25

On Occasion ......

6.00

Reporting ...........

Mandatory ..........

2

1

0.25

On Occasion ......

0.50

Recordkeeping ...

Mandatory ..........

2

1

100.00

On Occasion ......

200.00

Reporting ...........

Mandatory ..........

2

4

0.25

On Occasion ......

2.00

Recordkeeping ...

Mandatory ..........

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

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

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

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

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

Recordkeeping ...

Mandatory ..........

2

1

10.00

On Occasion ......

20.00

Recordkeeping ...

Mandatory ..........

2

1

10.00

On Occasion ......

20.00

Total Hourly Burden ..................

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

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

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

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

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

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

248.50

General Description of Collection: The
LCR rule implements a quantitative
liquidity requirement and contains
requirements subject to the PRA. The
reporting and recordkeeping
requirements are found in Sections
329.22 and 329.40. The requirement is
designed to promote the short-term
resilience of the liquidity risk profile of
large and internationally active banking
organizations, thereby improving the
banking sector’s ability to absorb shocks
arising from financial and economic
stress, and to further improve the
measurement and management of
liquidity risk. The LCR rule establishes
a quantitative minimum liquidity
coverage ratio that requires a company
subject to the rule to maintain an
amount of high-quality liquid assets (the
numerator of the ratio) that is no less
than 100 percent of its total net cash
outflows over a prospective 30 calendarday period (the denominator of the
ratio).
The FDIC has reviewed its previous
PRA submission and has updated its
methodology for calculating the burden
in order to be consistent with the Office
of the Controller of the Currency and the
Federal Reserve Board. The overall

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increase in burden hours is the result of
these changes.
Request for Comment
Comments are invited on: (a) Whether
the collections of information are
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 collections,
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 collections 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, on December 22,
2017.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2017–28138 Filed 12–28–17; 8:45 am]
BILLING CODE 6714–01–P

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FEDERAL TRADE COMMISSION
[File No. 171 0140]

Becton, Dickinson and Company and
C. R. Bard; Analysis To Aid Public
Comment
Federal Trade Commission.
Proposed Consent Agreement.

AGENCY:
ACTION:

The consent agreement in this
matter settles alleged violations of
federal law prohibiting unfair methods
of competition. The attached Analysis to
Aid Public Comment describes both the
allegations in the complaint and the
terms of the consent orders—embodied
in the consent agreement—that would
settle these allegations.
DATES: Comments must be received on
or before January 23, 2018.
ADDRESSES: Interested parties may file a
comment online or on paper, by
following the instructions in the
Request for Comment part of the
SUPPLEMENTARY INFORMATION section
below. Write: ‘‘In the Matter of Becton
Dickinson and Co./Bard, Inc., File No.
171 0140’’ on your comment, and file
your comment online at https://
ftcpublic.commentworks.com/ftc/
SUMMARY:

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