60-Day Federal Register Notice

FR1-0095 Procedures for Monitoring Bank Protection Act Compliance 87 FR 3806 January 25 2022.pdf

Procedures for Monitoring Bank Protection Act Compliance

60-Day Federal Register Notice

OMB: 3064-0095

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3806

Federal Register / Vol. 87, No. 16 / Tuesday, January 25, 2022 / Notices

containing the necessary information, as
well as the burden associated with the
EPA’s review of state applications. The
information collection activities
discussed in this ICR do not require the
submission of any confidential
information.
(B) Uniform National Discharge
Standards (UNDS) NDZs and Review of
Discharge Determination or Standard:
CWA section 312(n)(7) and the
implementing regulations in 40 CFR
part 1700 identify the information that
a state must submit to the EPA in the
state’s application to establish an NDZ
for one or more discharges incidental to
the normal operation of a vessel of the
Armed Forces. A state may seek an NDZ
designation for any incidental discharge
subject to UNDS for which the EPA and
Department of Defense (DoD) have
promulgated national standards of
performance and corresponding
implementing regulations, respectively.
In addition, CWA section 312(n)(5)
provides that that the Governor of any
state may petition the EPA and DoD to
review any discharge determination or
standard promulgated under CWA
section 312(n) for vessels of the Armed
Forces if there is significant new
information that could reasonably result
in a change to the discharge
determination or standard. This ICR
addresses the burden to a state
respondent to develop applications for
NDZs and requests for a review of a
determination or standard and the
burden to the EPA to review the
applications. The information collection
activities discussed in this ICR do not
require the submission of any
confidential information.
Form numbers: None.
Respondents/affected entities: States.
Respondent’s obligation to respond:
The responses to this collection of
information are required to obtain the
benefit of a sewage NDZ (CWA section
312(f)). The responses to this collection
of information are required to obtain the
benefit of an UNDS NDZ or a review of

an UNDS discharge determination or
standard (CWA section 312(n)).
Estimated number of respondents: 17
(total).
Frequency of response: One time.
Total estimated burden: 914 hours
(per year). Burden is defined at 5 CFR
1320.03(b).
Total estimated cost: $50,869 (per
year), includes $848 annualized capital
or operation & maintenance costs.
Changes in Estimates: The EPA
expects a decrease in hours in the total
estimated respondent burden compared
with the ICR currently approved by
OMB. EPA expects a decrease in the
overall costs as well, despite increases
to state and federal labor costs. These
decreases are attributable to fewer
anticipated respondents compared with
previous estimates. This adjustment is
made to account for overestimates in the
existing ICR and the EPA’s estimate of
applications for NDZs and review of
standards that may be submitted during
the three-year ICR cycle.
Dated: January 19, 2022.
John Goodin,
Director, Office of Wetlands, Oceans and
Watersheds.
[FR Doc. 2022–01430 Filed 1–24–22; 8:45 am]
BILLING CODE 6560–50–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0095; –0117]

Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request
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

SUMMARY:

information collections described below
(OMB Control No. 3064–0095; and
–0117).
Comments must be submitted on
or before March 28, 2022.
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 and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, 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 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:
Manny Cabeza, Regulatory Counsel,
202–898–3767, [email protected], MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following
currently approved collections of
information:
1. Title: Procedures for Monitoring
Bank Protection Act Compliance.
OMB Number: 3064–0095.
Form Number: None.
Affected Public: Insured state
nonmember banks.
Burden Estimate:
DATES:

SUMMARY OF ESTIMATED ANNUAL BURDENS (OMB NO. 3064–0095)
Type of
burden
(obligation to
respond)

khammond on DSKJM1Z7X2PROD with NOTICES

IC description

Implementation Burden:
Bank Protection Act Compliance Recordkeeping
Program—Institutions with an
(Mandatory).
Asset Size Less than $500 million.
Bank Protection Act Compliance Recordkeeping
Program—Medium-Sized Institu(Mandatory).
tions ($500 million–$10 billion).
Bank Protection Act Compliance Recordkeeping
Program—Large Institutions (Over
(Mandatory).
$10 billion).

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PO 00000

Frequency of
response

Number of
respondents

Number of
responses per
respondent

Hours per
response

Annual burden
(hours)

Annually .........

35

1

50

1,750

Annually .........

57

1

300

17,100

Annually .........

12

1

500

6,000

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3807

Federal Register / Vol. 87, No. 16 / Tuesday, January 25, 2022 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDENS (OMB NO. 3064–0095)—Continued
Type of
burden
(obligation to
respond)

IC description

Frequency of
response

Number of
responses per
respondent

Number of
respondents

Hours per
response

Annual burden
(hours)

Ongoing Burden:
Bank Protection Act Compliance
Program—Routine Revisions.
Bank Protection Act Compliance
Program—Significant Revisions.

Recordkeeping
(Mandatory).
Recordkeeping
(Mandatory).

Annually .........

2,880

1

5

14,400

Annually .........

320

1

35

11,200

Total Annual Burden Hours ......

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

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

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

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

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

50,450

Source: FDIC.

General Description of Collection: The
collection requires insured state
nonmember banks to comply with the
Bank Protection Act and to review bank
security programs The Bank Protection
Act of 1968 (12 U.S.C. 1881–1884)
requires each Federal supervisory
agency to promulgate rules establishing
minimum standards for security devices
and procedures to discourage financial
crime and to assist in the identification
of persons who commit such crimes. To
avoid the necessity of constantly
updating a technology-based regulation,
the FDIC takes a flexible approach to
implementing this statute. It requires
each insured nonmember bank to
designate a security officer who will

administer a written security program.
The security program must: (1) Establish
procedures for opening and closing for
business and for safekeeping valuables;
(2) establish procedures that will assist
in identifying persons committing
crimes against the bank; (3) provide for
initial and periodic training of
employees in their responsibilities
under the security program; and (4)
provide for selecting, testing, operating
and maintaining security devices as
prescribed in the regulation. In addition,
the FDIC requires the security officer to
report at least annually to the bank’s
board of directors on the effectiveness of
the security program.

There is no change in the method or
substance of the collection. The 48,683
increase in burden hours is the result of
the agency re-evaluating the time it
takes for recordkeeping and reporting
associated with the rule, and including
new implementation burdens for new
entities and entities reviewing their
policies in light of mergers and other
organizational changes.
2. Title: Mutual-to-Stock Conversion
of State Savings Banks.
OMB Number: 3064–0117.
Form Numbers: None.
Affected Public: Insured state savings
associations.
Burden Estimate:

SUMMARY OF ESTIMATED ANNUAL BURDEN (OMB NO. 3064–0117)
Information collection description

Type of
burden
(obligation to
respond)

Frequency of
response

Application or Notice to engage in certain activities ...........

Reporting .......

On occasion ...

5

250

1,250

Total Annual Burden (Hours) .......................................

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

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

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

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

1,250

Number of
respondents

Hours per
response

Annual burden
(hours)

Source: FDIC.

khammond on DSKJM1Z7X2PROD with NOTICES

General Description of Collection:
State savings associations must file a
notice of intent to convert to stock form,
and provide the FDIC with copies of
documents filed with state and federal
banking and/or securities regulators in
connection with any proposed mutualto-stock conversion. There is no change
in the method or substance of the
collection.
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

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17:19 Jan 24, 2022

Jkt 256001

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 January 19,
2022.
Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022–01313 Filed 1–24–22; 8:45 am]
BILLING CODE 6714–01–P

PO 00000

FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.

AGENCY:
ACTION:

Notice, request for comment.

The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the Notice
Claiming Status as an Exempt Transfer
Agent (FR 4013; OMB No. 7100–0137).

SUMMARY:

Comments must be submitted on
or before March 28, 2022.

DATES:

You may submit comments,
identified by FR 4013, by any of the
following methods:

ADDRESSES:

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