Justification Memo NS Revisions to Form 6710-07

Legal Division

550 17th Street NW, Washington, D.C. 20429-9990

Federal Deposit Insurance Corporation

August 9, 2021

 

Memorandum to:         William E. Bestani

                                    Policy Analyst              

                                    Office of Information and Regulatory Affairs

                                    Office of Management and Budget

 

From:                 Manny Cabeza 

Regulatory Counsel

                                    Federal Deposit Insurance Corporation

Legal Division

 

RE: Non-substantive Revisions to FDIC Form 6710-07 “Application Pursuant to Section 19 of the Federal Deposit Insurance Act”

The Federal Deposit Insurance Corporation is submitting a request for a nonsubstantive revision to its currently approved information collection entitled “Application Pursuant to Section 19 of the Federal Deposit insurance Act” (OMB Control No. 3064-0018; Expiration Date: October 31, 2021) to replace references to “persons’ with the word “individuals.” The form instructions have also been updated to reflect the fact that in the fourth quarter of 2020, the banking agencies adopted a rule that has now replaced previously issued statements of policy. The substance of the information collection was not change by the adoption of the rule and the revisions to the form instructions are not substantive.

If you have questions, please let me know. Thank you for your consideration.