FR1 - 83 FR 60862 (Nov 27 2018)

FR1 - 83 FR 60862 (Nov 27 2018).pdf

Furnisher Information Accuracy and Integrity (FACTA 312)

FR1 - 83 FR 60862 (Nov 27 2018)

OMB: 3064-0161

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60862

Federal Register / Vol. 83, No. 228 / Tuesday, November 27, 2018 / Notices

Annual Cost Burden: No cost.
Privacy Act Impact Assessment: No
impact(s).
Nature and Extent of Confidentiality:
There is no need for confidentiality with
this collection of information.
Needs and Uses: The information
collection requirements contained in
Section 87.109 of the Commission’s
rules require that a station at a fixed
location in the international
aeronautical mobile service (IAMS)
must maintain a log (written or
automatic log) in accordance with the
Annex 10 provisions of the International
Civil Aviation Organization (ICAO)
Convention. This log is necessary to
document the quality of service
provided by fixed stations, including
the harmful interference, equipment
failure, and logging of distress and
safety calls where applicable. This
information is used by the Commission
to ensure that particular stations are
licensed and operated in compliance
with applicable rules, statutes, and
treaties.
Federal Communications Commission.
Katura Jackson,
Federal Register Liaison Officer, Office of the
Secretary.
[FR Doc. 2018–25796 Filed 11–26–18; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0161)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collection described below
(3064–0161).
DATES: Comments must be submitted on
or before January 28, 2019.
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: Jennifer Jones (202–898–
6768), Counsel, MB–3105, Federal
SUMMARY:

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, Counsel, 202–898–6768,
[email protected], MB–3105, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:

Proposal to renew the following
currently approved collection of
information:
1. Title: Furnisher Information
Accuracy and Integrity (FACTA 312).
OMB Number: 3064–0161.
Form Number: None.
Affected Public: State nonmember
banks.
Burden Estimate:

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SUMMARY OF ANNUAL BURDEN
Estimated
number of
respondents

Frequency of
response

1

40 hours .......

Annually .......

141,320

3,533

1

14 minutes ...

On Occasion

16,487

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

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

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

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

Obligation to
respond

Procedures to Enhance the
Accuracy and Integrity of
Information furnished to
Consumer Reporting
Agencies Under Section
312 of the Fair and Accurate Credit Transaction
Act.
Distribution of Notices in
Response to Direct Disputes.

Reporting .....

Mandatory ....

3,533

Third-Party
Disclosure.

Mandatory ....

Total Hourly Burden ....

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

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

General Description of Collection:
Sec. 312 of the Fair and Accurate
Credit Transaction Act of 2003 (FACT
Act) requires the FDIC to: Issue
guidelines for furnishers regarding the
accuracy and integrity of the
information about consumers furnished
to consumer reporting agencies;
prescribe regulations requiring
furnishers to establish reasonable
policies/procedures to implement the
guidelines; and issue regulations
identifying the circumstances where a
furnisher must reinvestigate a dispute

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Estimated
frequency of
responses

about the accuracy of information in a
consumer report based on a direct
request from a consumer.
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.

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Total annual
estimated
burden
(hours)

Estimated
time per
response

Type of
burden

Fmt 4703

Sfmt 4703

157,807

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
collected; and (d) ways to minimize the

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Federal Register / Vol. 83, No. 228 / Tuesday, November 27, 2018 / Notices
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 November 21,
2018. Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–25762 Filed 11–26–18; 8:45 am]
BILLING CODE 6714–01–P

Board of Governors of the Federal Reserve
System, November 21, 2018.
Yao-Chin Chao,
Assistant Secretary of the Board.

FEDERAL RESERVE SYSTEM

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Formations of, Acquisitions by, and
Mergers of Bank Holding Companies

[FR Doc. 2018–25816 Filed 11–26–18; 8:45 am]
BILLING CODE P

The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The applications will also be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than December 21,
2018.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23219. Comments
can also be sent electronically to or
[email protected]:
1. Union Bankshares Corporation,
Richmond, Virginia; to acquire 100
percent of the voting shares of Access
National Corporation, and indirectly

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Jkt 247001

acquire voting shares of Access National
Bank, both of Reston, Virginia.
B. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Blackhawk Bancorp, Inc., Beloit,
Wisconsin; to acquire 100 percent of the
voting shares First McHenry
Corporation and thereby indirectly
acquire voting shares of The First
National Bank of McHenry, both of
McHenry, Illinois.

FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request
AGENCY:

Federal Trade Commission

(FTC).
ACTION:

Notice and request for comment.

In compliance with the
Paperwork Reduction Act (PRA) of
1995, the FTC is seeking public
comments on its request to OMB to
extend for three years the current PRA
clearances for information collection
requirements contained in the agency’s
shared enforcement with the Consumer
Financial Protection Bureau (‘‘CFPB’’) of
subpart N of the CFPB’s Regulation V
(‘‘Rule’’). That clearance expires on
November 30, 2018.
DATES: Comments must be received by
December 27, 2018.
ADDRESSES: Interested parties may file a
comment online or on paper by
following the instructions in the
Request for Comments part of the
SUPPLEMENTARY INFORMATION section
below. Write ‘‘Paperwork Reduction
Act: FTC File No. P072108’’ on your
comment, and file your comment online
at https://ftcpublic.commentworks.com/
ftc/regulationVsubpartNpra2 by
following the instructions on the webbased form. If you prefer to file your
comment on paper, mail your comment
to the following address: Federal Trade
Commission, Office of the Secretary,
600 Pennsylvania Avenue NW, Suite
CC–5610 (Annex J), Washington, DC
20580, or deliver your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW,
5th Floor, Suite 5610 (Annex J),
Washington, DC 20024.
SUMMARY:

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60863

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or
copies of the proposed information
requirements should be addressed to
Ryan Mehm, Attorney, Bureau of
Consumer Protection, (202) 326–2918,
Federal Trade Commission, 600
Pennsylvania Ave. NW, Washington, DC
20580.
SUPPLEMENTARY INFORMATION:
Title: Regulation V, Subpart N (12
CFR 1022.130–1022.138).
OMB Control Number: 3084–0128.
Type of Review: Extension of a
currently approved collection.
Abstract: The FTC shares enforcement
authority with the CFPB for subpart N
of Regulation V. Subpart N requires
nationwide consumer reporting agencies
and nationwide consumer specialty
reporting agencies to provide to
consumers, upon request, one free file
disclosure within any 12-month period.
Generally, it requires the nationwide
consumer reporting agencies, as defined
in Section 603(p) of the Fair Credit
Reporting Act (‘‘FCRA’’), 15 U.S.C.
1681a(p), to create and operate a
centralized source that provides
consumers with the ability to request
their free annual file disclosures from
each of the nationwide consumer
reporting agencies through a centralized
internet website, toll-free telephone
number, and postal address. Subpart N
also requires the nationwide consumer
reporting agencies to establish a
standardized form for internet and mail
requests for annual file disclosures, and
provides a model standardized form that
may be used to comply with that
requirement. It additionally requires
nationwide specialty consumer
reporting agencies, as defined in Section
603(w) of the FCRA, 15 U.S.C. 1681a(w),
to establish a streamlined process for
consumers to request annual file
disclosures. This streamlined process
must include a toll-free telephone
number for consumers to make such
requests.
On August 27, 2018, the FTC sought
public comment on the information
collection requirements associated with
subpart N (83 FR 43683). No relevant
public comments were received. Since
the FTC sought public comment on
August 27, 2018, the Consumer Data
Industry Association provided an
updated estimate regarding the number
of free annual file disclosures requested
by consumers through the centralized
internet website required to be
established by the FACT Act and
subpart N. Accordingly, the FTC
updated the PRA burden analysis based
on this data.
Pursuant to the OMB regulations, 5
CFR part 1320, that implement the PRA,

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File Modified2018-11-27
File Created2018-11-27

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