60-Day Federal Register Notice

FR1-0162 Large Bank Deposit Insurance Program 83 FR 18560 April 27 2018.pdf

Large-Bank Deposit Insurance Programs

60-Day Federal Register Notice

OMB: 3064-0162

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18560

Federal Register / Vol. 83, No. 82 / Friday, April 27, 2018 / Notices

Dated: April 18, 2018.
Barnes Johnson,
Director, Office of Resource Conservation and
Recovery.

• U.S. Postal Service first-class,
Express, and Priority mail must be
addressed to 445 12th Street SW,
Washington DC 20554.

[FR Doc. 2018–08969 Filed 4–26–18; 8:45 am]

FOR FURTHER INFORMATION CONTACT:

BILLING CODE 6560–50–P

Dana Wilson, Consumer and
Governmental Affairs Bureau at: (202)
418–2247; email: [email protected].

Wyoming Department of Workforce
Services, Division of Vocational
Rehabilitation, State of Wyoming

Interested
parties may file comments on or before
the dates indicated above in the Dates
portion of this notice. All filings must
reference CG Docket No. 03–123 and the
relevant state identification number of
the state or territory application for
which comments are being submitted.
To request materials in accessible
formats for people with disabilities
(Braille, large print, electronic files,
audio format), send an email to fcc504@
fcc.gov or call the Consumer and
Governmental Affairs Bureau at (202)
418–0530 (voice), (844) 432–2275
(videophone), or (202) 418–0432 (TTY).
Document DA 18–354 can also be
downloaded in Word or Portable
Document Format (PDF) at: https://
www.fcc.gov/general/
telecommunications-relay-services-trs.

Federal Communications Commission.
Eliot Greenwald,
Deputy Chief, Disability Rights Office,
Consumer and Governmental Affairs Bureau.

FEDERAL COMMUNICATIONS
COMMISSION

SUPPLEMENTARY INFORMATION:

[CG Docket No. 03–123; DA 18–354]

Pleading Cycle Established for
Comment on Applications for State
Certification for the Provision of
Telecommunications Relay Service
Federal Communications
Commission.
ACTION: Notice.
AGENCY:

In this document, the
Commission seeks public comment on
state applications for renewal of
certification of their state
telecommunications relay services
(TRS) programs.
DATES: Interested parties may file
comments no later than May 29, 2018.
Reply comments may be filed no later
than June 11, 2018.
ADDRESSES: Comments may be filed
using the Commission’s Electronic
Comment Filing System (ECFS). See
Electronic Filing of Documents in
Rulemaking Proceedings, 63 FR 24121
(1998).
• Electronic Filers: Documents may
be filed electronically using the internet
by accessing ECFS: https://www.fcc.gov/
ecfs/.
• Paper Filers: Parties who choose to
file by paper must file an original and
one copy of each filing.
• Filings can be sent by hand or
messenger delivery, by commercial
overnight courier, or by first-class or
overnight U.S. Postal Service mail. All
filings must be addressed to the
Commission’s Secretary, Office of the
Secretary, Federal Communications
Commission.
• All hand-delivered or messengerdelivered paper filings for the
Commission’s Secretary must be
delivered to FCC Headquarters at 445
12th Street SW, Room TW–A325,
Washington, DC 20554. The filing hours
are 8:00 a.m. to 7:00 p.m. All hand
deliveries must be held together with
rubber bands or fasteners. Any
envelopes and boxes must be disposed
of before entering the building.
• Commercial overnight mail (other
than U.S. Postal Service Express Mail
and Priority Mail) must be sent to 9050
Junction Drive, Annapolis Junction, MD
20701.

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SUMMARY:

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Synopsis
Notice is hereby given that the states
and territories listed below have applied
to the Commission for renewal of
certification of their state TRS programs,
for the five-year period from July 26,
2018 through July 25, 2023. Each state’s
and territory’s application for
certification must demonstrate that its
TRS program complies with section 225
of the Communications Act and the
Commission’s rules governing the
provision of TRS. This notice seeks
public comment on the following state
and territory applications for
certification, which can be found on the
Commission’s website at: https://
www.fcc.gov/general/trs-state-andterritories.
File No: TRS–10–17
Illinois Commerce Commission, State of
Illinois
File No: TRS–36–17
Oregon Public Utility Commission, State
of Oregon
File No: TRS–58–17
Pennsylvania Public Utility
Commission, Commonwealth of
Pennsylvania
File No: TRS–28–17
Telecommunications Regulatory Board,
Puerto Rico

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File No: TRS–61–17
Virgin Islands Public Service
Commission, U.S. Virgin Islands
File No: TRS–18–17

[FR Doc. 2018–08958 Filed 4–26–18; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0162)
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 an existing
information collection, as required by
the Paperwork Reduction Act of 1995
(PRA). Currently, the FDIC is soliciting
comment on renewal of the information
collection described below.
DATES: Comments must be submitted on
or before June 26, 2018.
ADDRESSES: 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: Manny Cabeza (202–898–
3767), Counsel, MB–3007, 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 OMB
control number 3064–0162. 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.
SUMMARY:

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Federal Register / Vol. 83, No. 82 / Friday, April 27, 2018 / Notices
FOR FURTHER INFORMATION CONTACT:

Manny Cabeza, Counsel, 202–898–3767,
[email protected], MB–3007, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:

Proposal to renew the following
currently approved collection of
information
Title: Large Bank Deposit Insurance
Program.
OMB Number: 3064–0162.
Form Number: None.

18561

Affected Public: Insured depository
institutions having at least $2 billion in
deposits and at least either: (a) 250,000
deposit accounts; or (b) $20 billion in
total assets, regardless of the number of
deposit accounts (a ‘‘covered
institution’’).
Burden Estimate:

SUMMARY OF ANNUAL BURDEN

Type of burden

Average
estimated
number of
respondents

Obligation
to respond

Estimated time
per response
(hours)

Frequency of
response

Average total
annual
estimated
burden
(hours)

Implementation
Posting and removing provisional holds—
360.9(c)(1) and (2).
Providing standard data format for deposit
account and customer information—
360.9(d)(1).
Notification of identity of person responsible
for producing standard data downloads—
360.9(c)(3).
Request for exemption from provisional hold
requirements—360.9(c)(9).
Provide deposit account and customer information in required standard format—
360.9(d)(3).
Request for extension of compliance deadline—360.9(e)(7).
Request for exemption—360.9(f) .................
Total Implementation Burden ................

Recordkeeping

Mandatory

8

150

One time .....

1,200

Recordkeeping

Mandatory

8

110

One time .....

880

Reporting ..........

Mandatory

8

8

One time .....

64

Reporting ..........

Voluntary ..

1

20

On occasion

20

Reporting ..........

Mandatory

8

40

On occasion

320

Reporting ..........

Voluntary ..

1

20

On occasion

20

Reporting ..........

Voluntary ..

1

20

On occasion

20

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

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

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

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

153

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

2,524

8

On occasion

1,224

Ongoing

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Notification of identity of person responsible
for producing standard data downloads—
360.9(c)(3).
Request for exemption from provisional hold
requirements—360.9(c)(9).
Request for exemption—360.9(f) .................
Test compliance with 360.9(c)–(d) pursuant
to 360.9(h).

Reporting ..........

Mandatory

Reporting ..........

Voluntary ..

1

20

On occasion

20

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

Voluntary ..
Mandatory

1
81

20
80

On occasion
On occasion

20
6,480

Total Ongoing Burden ...........................

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

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

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

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

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

7,744

Total Estimated Annual Burden ............

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

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

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

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

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

10,268

General Description of Collection:
Upon the failure of an FDIC-insured
depository institution, the FDIC must
determine the total insured amount for
each depositor. 12 U.S.C. 1821(f). To
make this determination, the FDIC must
ascertain the balances of all deposit
accounts owned by the same depositor
in the same ownership capacity at a
failed institution as of the day of failure.
The FDIC issued a regulation (12 CFR
360.9) to modernize the process of
determining the insurance status of each
depositor in the event of failure of a
covered institution. The regulation
requires covered institutions to adopt
mechanisms that would, in the event of
the institution’s failure (1) provide the
FDIC with standard deposit account and

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other customer information, and (2)
allow the placement and release of
holds on liability accounts, including
deposits. The regulation applies only to
covered institutions and imposes the
following recordkeeping and reporting
requirements:
Recordkeeping
360.9(c)(1) and (2)—Posting and
Removing Provisional Holds. Covered
institutions must have an automatic
process for placing a provisional hold
on deposit accounts within timeframes
specified in FDIC regulations.
360.9(d)(1) and (2)—Providing
Standard Data Format for Deposit
Account and Customer Information.
Covered institutions must produce

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information in the specified standard
data format.
Reporting
360.9(c)(3)—Covered institutions
must notify the FDIC of the person(s)
responsible for producing required
standard data downloads and for
administering provisional holds.
360.9(c)(9)—A covered institution
may request an exemption from the
provisional hold requirements for
certain account systems servicing a
relatively small number of accounts
where manual application of
provisional holds is feasible.
360.9(d)(3)—Upon request by the
FDIC, a covered institution must submit
the data required by 360.9(d)(1) .

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18562

Federal Register / Vol. 83, No. 82 / Friday, April 27, 2018 / Notices

360.9(e)(7)—A covered institution
may request an extension of the
deadline to comply with provisional
hold and standard data format
requirements.
360.9(f)—A covered institution may
request an exemption from the
provisional hold and standard data
format requirements due to high
concentration of deposits incidental to
credit card operations.
360.9(h)—A covered institution’s
compliance with the recordkeeping and

reporting requirements set forth in the
rule will be tested by the FDIC.
Burden Estimate Methodology and
Assumptions
The FDIC is revising its burden
estimate because the number of covered
institutions has decreased due to
economic fluctuations and most covered
institutions have already implemented
the requirements of the regulation and
will only face reduced ongoing
compliance burdens. Based on FDIC
Call Report data,1 the regulation

currently applies to 145 institutions.
The FDIC has determined that in the
past, between 1 and 3 new institutions
per quarter have become covered under
the regulation. FDIC estimates that on
average, 2 new institutions per quarter
(8 new institutions per year) will
become covered and be subject to initial
implementation burden. The following
table reflects the FDCI’s estimate of the
breakdown of covered institutions
facing implementation and ongoing
burden during the next three years:

NUMBER OF INSTITUTIONS
Year 1

Year 3

Average

Implementation ................................................................................................
Ongoing ...........................................................................................................

8
145

8
153

8
161

8
153

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

153

161

169

161

All covered institutions will be
required to comply with the
requirements of 360.9(h). FDIC
estimates that half of the covered
institutions will be tested for
compliance each year. As a result, it is
estimated that an average of 81 covered
institutions will be affected by this
reporting burden annually. No
institutions have requested an extension
under section 360.9(e)(7), or exemptions
under sections 360.9(c)(9) or 360.9(f).
The ‘‘Summary of Annual Burden’’ table
above lists a respondent count of 1 for
these requests as placeholders to
preserve the burden estimates for these
activities.
Request for Comment

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Year 2

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
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, on April 24,
2018.

1 FDIC

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–08932 Filed 4–26–18; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities: Submission for
OMB Review; Comment Request
Board of Governors of the
Federal Reserve System (Board).
ACTION: Notice and request for comment.
AGENCY:

In accordance with the
requirements of the Paperwork
Reduction Act of 1995 (PRA), the Board,
the Federal Deposit Insurance
Corporation (FDIC), and the Office of
the Comptroller of the Currency (OCC)
(collectively, the agencies) 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
December 27, 2017, the Board, under
the auspices of the Federal Financial
Institutions Examination Council
(FFIEC), requested public comment for
60 days on a proposal to extend, with
revision, the Report of Assets and
Liabilities of U.S. Branches and
Agencies of Foreign Banks (FFIEC 002)
and the Report of Assets and Liabilities
of a Non-U.S. Branch that is Managed or
Controlled by a U.S. Branch or Agency
of a Foreign (Non-U.S.) Bank (FFIEC
002S), which are currently approved
collections of information. The Board

SUMMARY:

published this proposal on behalf of the
agencies.
The proposed revisions to these
reports align with corresponding
changes made to the Consolidated
Reports of Condition and Income (FFIEC
031, FFIEC 041, and FFIEC 051). The
Consolidated Reports of Condition and
Income are commonly referred to as the
Call Report. The proposed revisions to
the FFIEC 002 and the FFIEC 002S
delete or consolidate certain items,
establish certain reporting thresholds,
account for changes in the accounting
for equity investments, and make
instructional clarifications consistent
with those previously made to or
currently proposed for the Call Report
instructions. The proposed revisions
would result in an overall reduction in
burden.
The comment period for this proposal
ended on February 26, 2018. The Board
received two comments addressing the
proposed changes. After considering the
comments received on the proposal, the
agencies will proceed with the proposed
reporting revisions to the FFIEC 002 and
FFIEC 002S, while incorporating one
clarification in response to a comment.
These reporting revisions would take
effect as of the June 30, 2018, report
date. The Board is giving notice that it
is sending the collection to OMB for
review.
Comments must be submitted on
or before May 29, 2018.
ADDRESSES: Interested parties are
invited to submit written comments to
the agency listed below. All comments,
which should refer to the OMB control
DATES:

Call Report, September 30, 2017.

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