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Federal Register / Vol. 86, No. 226 / Monday, November 29, 2021 / Notices
inquiry to the appropriate FDIC contact.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is the result
of economic fluctuation.
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
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, this 22nd day of
November 2021.
Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021–25813 Filed 11–26–21; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0212]
Agency Information Collection
Activities: Proposed Collection
Amendment; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Agency information collection
activities: Submission for OMB review;
comment request.
AGENCY:
The FDIC seeks to continue
its engagement and collaboration with
innovators in the financial, non-
SUMMARY:
financial, and technology sectors to,
among other things, identify, develop
and promote technology-driven
innovations among community and
other banks in a manner that ensures the
safety and soundness of FDICsupervised and -insured institutions. An
innovation pilot program framework can
provide a regulatory environment in
which the FDIC, in conjunction with
individual proposals collected from
innovators, including banks, will
provide tailored regulatory and
supervisory assistance, when
appropriate, to facilitate the testing of
innovative and advanced technologies,
products, services, systems, or activities.
As part of an innovation pilot program,
innovators may request information
from banks and other members of the
public outside of their normal course of
business. Any information provided by
banks and other members of the public
will be provided on a voluntary basis.
FDIC staff may similarly request
information on a voluntary basis from
banks or other members of the public to
evaluate the products or services
developed in the pilot programs. The
FDIC invites the general public,
including persons who may have an
interest in participating in innovation
pilot programs, and other Federal
agencies to comment on the agency’s
collection of information that may result
from innovators obtaining information
from banks and other members of the
public in connection with innovation
pilot programs, as required by the
Paperwork Reduction Act of 1995. On
September 22, 2021 and September 28,
2021, the FDIC published notices in the
Federal Register requesting comment
for 60 days on a proposal to amend this
information collection. One comment
was received but did not indicate any
changes to be made to the information
collection. The FDIC hereby gives notice
of its plan to submit to OMB a request
to approve the amended information
collection, and again invites comment.
Comments must be submitted on
or before December 29, 2021.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• Agency Website: https://
www.fdic.gov/resources/regulations/
federal-register-publications/index.html.
• Email: [email protected]. Include
the name of the collection in the subject
line of the message.
• Mail: Jennifer Jones (202–898–
6768), Counsel, MB–3078, 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 NW building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT:
Jennifer Jones, Counsel, 202–898–6768,
[email protected], MB–3078, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal
to amend the following currently
approved collection of information:
1. Title: Information Collection for
Innovation Pilot Programs.
OMB Number: 3064–0212.
Form Number: None.
Affected Public: FDIC-supervised and
-insured institutions and other members
of the public that provide information to
innovators in connection with
innovation pilot programs.
Burden Estimate:
DATES:
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY OF ANNUAL BURDEN
Information collection description
Type of
burden
Obligation
to
respond
Innovation Pilot Programs—Burden on Banks
and Other Members of the Public.
Reporting ..
Voluntary ...
Total Estimated Annual Burden ...................
...................
...................
General Description of Collection: The
FDIC seeks to engage and collaborate
with innovators in the financial, nonfinancial, and technology sectors to,
among other things, identify, develop
VerDate Sep<11>2014
16:55 Nov 26, 2021
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Estimated
number of
respondents
Estimated
frequency of
responses
Estimated time
per response
Estimated
annual burden
(hours)
400
On Occasion
100
40,000
........................
.....................
........................
40,000
and promote technology-driven
innovations among community and
other banks in a manner that ensures the
safety and soundness of FDICsupervised and -insured institutions. An
PO 00000
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Fmt 4703
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innovation pilot program framework
will provide a regulatory environment
in which the FDIC, in conjunction with
individual proposals collected from
innovators, will provide tailored
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khammond on DSKJM1Z7X2PROD with NOTICES
67710
Federal Register / Vol. 86, No. 226 / Monday, November 29, 2021 / Notices
regulatory and supervisory assistance,
when appropriate, to facilitate the
testing of innovative and advanced
technologies, products, services,
systems, or activities.
The FDIC anticipates that products
developed as part of innovation pilot
programs will improve the efficiency
and effectiveness of bank operations,
and eventually, examinations, while
increasing transparency and ultimately
reducing the cost of regulatory
compliance for participating
institutions. In addition, the FDIC
anticipates that proposals provided in
connection with the innovation pilot
programs will involve cutting-edge
innovations and novel approaches or
applications involving a banking
product, service, system, or activity that
benefits and can lead to better outcomes
for consumers.
As part of an innovation pilot
program, innovators may request
information from banks and other
members of the public outside of their
normal course of business. Any
information provided by banks and
other members of the public will be
provided on a voluntary basis. FDIC
staff may similarly request information
on a voluntary basis from banks or other
members of the public to evaluate the
products or services developed in the
pilot programs. This information is
intended to allow banks and the FDIC
to analyze the health of the overall
banking system, critical financial
sectors, or national, regional or local
economic conditions (i.e., horizontal
analysis). Additionally, bank specific
information may be collected in order to
allow for better insights into current and
escalating risks across all aspects of
banking. In particular, innovators may
request from banks and other members
of the public general ledger information
about all products and services, or a
subset of products and services, systems
or activities. Information requested will
not contain any personally identifiable
information (PII) as defined in OMB
Circular A–130 or include the
disclosure of any financial records or
information which is identified with or
identifiable as being derived from the
financial records of a particular
customer.
The annual burden for this
information collection is estimated to be
40,000 hours. This represents an
increase of hours from the current
burden estimate and also a change in
focus. In particular, when this
information collection was first
obtained, it included the burden
imposed on the innovators and partner
banks. In review of this information
collection, the FDIC has decided to
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16:55 Nov 26, 2021
Jkt 256001
transfer the burden imposed on
innovators to existing information
collection 3064–0072 entitled,
‘‘Acquisition Services Information
Requirements,’’ which is related to the
FDIC’s procurement process. The
remaining hours in this information
collection, which have been updated
and increased, reflect the burden
imposed on banks and other members of
the public in connection with
innovation pilot programs.
CONTACT PERSON FOR MORE INFORMATION:
Request for Comment
[Docket No. AS21–08]
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 estimate 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.
Appraisal Subcommittee Notice of
Meeting
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on November 23,
2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021–25924 Filed 11–26–21; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
Thursday, December 2,
2021 at the conclusion of the open
meeting on December 2, 2021.
PLACE: 1050 First Street NE,
Washington, DC (This meeting will be a
virtual meeting).
STATUS: This meeting will be closed to
the public.
MATTERS TO BE CONSIDERED: Compliance
matters pursuant to 52 U.S.C. 30109.
Matters relating to internal personnel
decisions, or internal rules and
practices.
Information the premature disclosure
of which would be likely to have a
considerable adverse effect on the
implementation of a proposed
Commission action.
Matters concerning participation in
civil actions or proceedings or
arbitration.
*
*
*
*
*
TIME AND DATE:
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Judith Ingram, Press Officer, Telephone:
(202) 694–1220.
Vicktoria J. Allen,
Acting Deputy Secretary of the Commission.
[FR Doc. 2021–26000 Filed 11–24–21; 11:15 am]
BILLING CODE 6715–01–P
FEDERAL FINANCIAL INSTITUTIONS
EXAMINATION COUNCIL
Appraisal Subcommittee of the
Federal Financial Institutions
Examination Council.
ACTION: Notice of meeting.
AGENCY:
In
accordance with Section 1104(b) of Title
XI of the Financial Institutions Reform,
Recovery, and Enforcement Act of 1989,
as amended, notice is hereby given that
the Appraisal Subcommittee (ASC) will
meet in open session for a special
meeting:
Location: Due to the COVID–19
Pandemic, the meeting will be open to
the public via live webcast only. Visit
the agency’s homepage (www.asc.gov)
and access the provided registration link
in the What’s New box. You MUST
register in advance to attend this
Meeting.
Date: December 8, 2021.
Time: 11:00 a.m. ET.
Status: Open.
SUPPLEMENTARY INFORMATION:
Reports
Chairman
Executive Director
Grants Director
Financial Manager
Action and Discussion Items
Approval of Minutes
September 15, 2021 Open Session
Quarterly Meeting
Notice of Proposed Rulemaking on
Temporary Waiver
How To Attend and Observe an ASC
Meeting
Due to the COVID–19 Pandemic, the
meeting will be open to the public via
live webcast only. Visit the agency’s
homepage (www.asc.gov) and access the
provided registration link in the What’s
New box. The meeting space is intended
to accommodate public attendees.
However, if the space will not
accommodate all requests, the ASC may
refuse attendance on that reasonable
basis. The use of any video or audio
tape recording device, photographing
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| File Type | application/pdf |
| File Modified | 2021-11-26 |
| File Created | 2021-11-27 |