30-Day Federal Register Notice

Federal Register / Vol. 84, No. 201 / Thursday, October 17, 2019 / Notices
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request
Office of the Comptroller of the
Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); and Federal Deposit
Insurance Corporation (FDIC).
ACTION: Joint notice and request for
comment.
AGENCY:

In accordance with the
requirements of the Paperwork
Reduction Act of 1995 (PRA), the OCC,
the Board, and the FDIC (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 June 25, 2019, the agencies,
under the auspices of the Federal
Financial Institutions Examination
Council (FFIEC), requested public
comment for 60 days on a proposal to
extend for three years without revision
the Market Risk Regulatory Report for
Institutions Subject to the Market Risk
Capital Rule (FFIEC 102), which is
currently an approved collection of
information for each agency. The
comment period for the June 2019
notice ended on August 26, 2019. As
described in the SUPPLEMENTARY
INFORMATION section, no comments were
received on the proposal; therefore, the
FFIEC and the agencies will proceed
with the extension of the FFIEC 102 as
proposed. In addition, the agencies are
giving notice that they are sending the
collections to OMB for review.
DATES: Comments must be submitted on
or before November 18, 2019.
ADDRESSES: Interested parties are
invited to submit written comments to
any or all of the agencies. All comments,
which should refer to the OMB control
number(s), will be shared among the
agencies.
OCC: Commenters are encouraged to
submit comments by email, if possible.
You may submit comments, which
should refer to ‘‘1557–0325’’ or ‘‘FFIEC
102,’’ by any of the following methods:
• Email: [email protected].
• Mail: Chief Counsel’s Office, Office
of the Comptroller of the Currency,
Attention: 1557–0100, 400 7th Street
SUMMARY:

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SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0325’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
You may review comments and other
related materials that pertain to this
information collection beginning on the
date of publication of the second notice
for this collection by any of the
following methods:
• Viewing Comments Electronically:
Go to www.reginfo.gov. Click on the
‘‘Information Collection Review’’ tab.
Underneath the ‘‘Currently under
Review’’ section heading, from the dropdown menu select ‘‘Department of
Treasury’’ and then click ‘‘submit’’. This
information collection can be located by
searching by OMB control number
‘‘1557–0325’’ or ‘‘FFIEC 102’’. Upon
finding the appropriate information
collection, click on the related ‘‘ICR
Reference Number.’’ On the next screen,
select ‘‘View Supporting Statement and
Other Documents’’ and then click on the
link to any comment listed at the bottom
of the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
• Viewing Comments Personally: You
may personally inspect comments at the
OCC, 400 7th Street SW, Washington,
DC. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 649–6700 or,
for persons who are deaf or hearing
impaired, TTY, (202) 649–5597. Upon
arrival, visitors will be required to
present valid government-issued photo
identification and submit to security
screening in order to inspect comments.
Board: You may submit comments,
which should refer to ‘‘FFIEC 102,’’ by
any of the following methods:
• Agency Website: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at:

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55685

http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
• Email: regs.comments@
federalreserve.gov. Include ‘‘FFIEC 102’’
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
www.federalreserve.gov/generalinfo/
foia/proposedregs.cfm 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 N146, 1709 New
York Avenue NW, Washington, DC
20006, between 9:00 a.m. and 5:00 p.m.
on weekdays. For security reasons, the
Board requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 452–3684.
Upon arrival, visitors will be required to
present valid government-issued photo
identification and to submit to security
screening in order to inspect and
photocopy comments.
FDIC: You may submit comments,
which should refer to ‘‘FFIEC 102,’’ by
any of the following methods:
• Agency Website: https://
www.fdic.gov/regulations/laws/federal/.
Follow the instructions for submitting
comments on the FDIC’s website.
• Federal eRulemaking Portal:
https://www.regulations.gov. Follow the
instructions for submitting comments.
• Email: [email protected].
Include ‘‘FFIEC 102’’ in the subject line
of the message.
• Mail: Manuel E. Cabeza, Counsel,
Attn: Comments, Room MB–3128,
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 550 17th Street Building
(located on F Street) on business days
between 7:00 a.m. and 5:00 p.m.
Public Inspection: All comments
received will be posted without change
to https://www.fdic.gov/regulations/
laws/federal/ including any personal
information provided. Paper copies of
public comments may be requested from
the FDIC Public Information Center,
3501 North Fairfax Drive, Arlington, VA
22226, or by telephone at (877) 275–
3342 or (703) 562–2200.
Additionally, commenters may send a
copy of their comments to the OMB
desk officers for the agencies by mail to

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Federal Register / Vol. 84, No. 201 / Thursday, October 17, 2019 / Notices

the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW,
Washington, DC 20503; by fax to (202)
395–6974; or by email to oira_
[email protected].
FOR FURTHER INFORMATION CONTACT: For
further information about the
information collections discussed in
this notice, please contact any of the
agency staff whose names appear below.
In addition, copies of the FFIEC 102
reporting forms and instructions can be
obtained at the FFIEC’s website (https://
www.ffiec.gov/ffiec_report_forms.htm).
OCC: Kevin Korzeniewski, Counsel,
Chief Counsel’s Office, (202) 649–5490,
or for persons who are deaf or hearing
impaired, TTY, (202) 649–5597.
Board: Nuha Elmaghrabi, Federal
Reserve Board Clearance Officer, (202)
452–3884, Office of the Chief Data
Officer, Board of Governors of the
Federal Reserve System, 20th and C
Streets NW, Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may call (202) 263–4869.
FDIC: Manuel E. Cabeza, Counsel,
(202) 898–3767, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On June
25, 2019, the agencies requested public
comment on a proposal to extend for
three years, without revision, the FFIEC
102. The comment period expired on
August 26, 2019 and no comments were
received. The FFIEC and the agencies
will proceed with the extension of the
FFIEC 102 as proposed and the agencies
are sending the collections to OMB for
review.
Report Titles: Market Risk Regulatory
Report for Institutions Subject to the
Market Risk Capital Rule.
Form Numbers: FFIEC 102.
Frequency of Response: Quarterly.
Affected Public: Business or other for
profit.
OCC
OMB Number: 1557–0325.
Estimated Number of Respondents: 13
national banks and federal savings
associations.
Estimated Average Time per
Response: 12 hours per quarter.
Estimated Total Annual Burden: 624
hours.
Board
OMB Number: 7100–0365.
Estimated Number of Respondents: 38
state member banks, bank holding

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companies, savings and loan holding
companies, and intermediate holding
companies.
Estimated Average Time per
Response: 12 hours per quarter.
Estimated Total Annual Burden:
1,824 hours.
FDIC
OMB Number: 3064–0199.
Estimated Number of Respondents: 1
insured state nonmember bank and state
savings association.
Estimated Average Time per
Response: 12 hours per quarter.
Estimated Total Annual Burden: 48
hours.
General Description of Reports
The Market Risk Regulatory Report for
Institutions Subject to the Market Risk
Capital Rule (FFIEC 102) is filed
quarterly with the agencies and
provides information for market risk
institutions, defined for this purpose as
those institutions that are subject to the
market risk capital rule as incorporated
into Subpart F of the agencies’
regulatory capital rule 1 (market risk
institutions). Each market risk
institution is required to file the FFIEC
102 for the agencies’ use in assessing the
reasonableness and accuracy of the
institution’s calculation of its minimum
capital requirements under the market
risk capital rule and in evaluating the
institution’s capital in relation to its
risks. Additionally, the market risk
information collected in the FFIEC 102:
(a) Permits the agencies to monitor the
market risk profile of, and evaluate the
impact and competitive implications of,
the market risk capital rule on
individual market risk institutions and
the industry as a whole; (b) provides the
most current statistical data available to
identify areas of market risk on which
to focus for onsite and offsite
examinations; (c) allows the agencies to
assess and monitor the levels and
components of each reporting
institution’s risk-based capital
requirements for market risk and the
adequacy of the institution’s capital
under the market risk capital rule; and
(d) assists market risk institutions in
validating their implementation of the
market risk framework.
1 12 CFR 3.201 (OCC); 12 CFR 217.201 (Board);
and 12 CFR 324.201 (FDIC). The market risk capital
rule generally applies to any banking institution
with aggregate trading assets and trading liabilities
equal to (a) 10 percent or more of quarter-end total
assets or (b) $1 billion or more.

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Statutory Basis and Confidential
Treatment
The quarterly FFIEC 102 information
collection is mandatory for market risk
institutions: 12 U.S.C. 161 (national
banks), 12 U.S.C. 324 (state member
banks), 12 U.S.C. 1844(c) (bank holding
companies), 12 U.S.C. 1467a (b) (savings
and loan holding companies), 12 U.S.C.
5365 (U.S. intermediate holding
companies), 12 U.S.C. 1817 (insured
state nonmember commercial and
savings banks), and 12 U.S.C. 1464
(savings associations). The FFIEC 102
information collections are not given
confidential treatment.
Request for Comment
The agencies invite comment on the
following topics related to these
collections of information:
(a) Whether the information
collections are necessary for the proper
performance of the agencies’ functions,
including whether the information has
practical utility;
(b) The accuracy of the agencies’
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;
(d) Ways to minimize the burden of
information collections on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Comments submitted in response to
this joint notice will be shared among
the agencies. All comments will become
a matter of public record.
Dated: October 9, 2019.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
Board of Governors of the Federal Reserve
System, October 9, 2019.
Ann Misback,
Secretary of the Board.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on October 9,
2019.
Annmarie H. Boyd,
Assistant Executive Secretary.
[FR Doc. 2019–22654 Filed 10–16–19; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P

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