42723Federal Register / Vol. 87, No. 136 / Monday, July 18, 2022 / Notices
‘‘Currently Under Review,’’ (3) click on
the downward-pointing arrow in the
‘‘Select Agency’’ box below the
‘‘Currently Under Review’’ heading, (4)
select ‘‘Federal Communications
Commission’’ from the list of agencies
presented in the ‘‘Select Agency’’ box,
(5) click the ‘‘Submit’’ button to the
right of the ‘‘Select Agency’’ box, (6)
when the list of FCC ICRs currently
under review appears, look for the Title
of this ICR and then click on the ICR
Reference Number. A copy of the FCC
submission to OMB will be displayed.
SUPPLEMENTARY INFORMATION: The
Commission may not conduct or
sponsor a collection of information
unless it displays a currently valid
Office of Management and Budget
(OMB) control number. No person shall
be subject to any penalty for failing to
comply with a collection of information
subject to the PRA that does not display
a valid OMB control number.
As part of its continuing effort to
reduce paperwork burdens, as required
by the Paperwork Reduction Act (PRA)
of 1995 (44 U.S.C. 3501–3520), the FCC
invited the general public and other
Federal Agencies to take this
opportunity to comment on the
following information collection.
Comments are requested concerning: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
burden estimates; (c) ways to enhance
the quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on the respondents,
including the use of automated
collection techniques or other forms of
information technology. Pursuant to the
Small Business Paperwork Relief Act of
2002, Public Law 107–198, see 44 U.S.C.
3506(c)(4), the FCC seeks specific
comment on how it might ‘‘further
reduce the information collection
burden for small business concerns with
fewer than 25 employees.’’
OMB Control No.: 3060–1159.
Title: Part 25—Satellite
Communications; and Part 27—
Miscellaneous Wireless Communication
Services: 2.3 GHz Band.
Form No.: N/A.
Type of Review: Extension of a
currently approved collection.
Respondents: Business or other for
profit entities.
Number of Respondents and
Responses: 155 respondents and 5,761
responses.
Estimated Time per Response: 0.5–40
hours.
Frequency of Response:
Recordkeeping requirement, Third Party
Disclosure, and On occasion and
Quarterly reporting requirements.
Obligation to Respond: Required to
obtain or retain benefits. The statutory
authority for this information collection
is 47 U.S.C. 154, 301, 302(a), 303, 309,
332, 336, and 337 unless otherwise
noted.
Total Annual Burden: 24,065 hours.
Annual Cost Burden: $370,250.
Needs and Uses: The information
filed by Wireless Communications
Service (WCS) licensees in support of
their construction notifications will be
used to determine whether licensees
have complied with the Commission’s
performance benchmarks. Further, the
information collected by licensees in
support of their coordination obligations
will help avoid harmful interference to
Satellite Digital Audio Radio Service
(SDARS), Aeronautical Mobile
Telemetry (AMT) and Deep Space
Network (DSN) operations in other
spectrum bands.
Federal Communications Commission.
Marlene Dortch,
Secretary, Office of the Secretary.
[FR Doc. 2022–15280 Filed 7–15–22; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request; OMB No.
3064–0001; –0178
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Agency information collection
activities: submission for OMB Review;
comment request.
SUMMARY: The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the request to renew the
existing information collections
described below (OMB Control No.
3064–0001 and –0178). The notice of
the proposed renewal for these
information collections was previously
published in the Federal Register on
April 27, 2022, allowing for a 60-day
comment period.
DATES: Comments must be submitted on
or before August 17, 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: comments@fdic.gov. 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 NW building
(located on F Street NW), 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:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, 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: Interagency Charter and
Federal Deposit Insurance Application.
OMB Number: 3064–0001.
Form Number: 6200–05.
Affected Public: Banks or Savings
Associations wishing to become FDIC
insured depository institutions.
Burden Estimate:
VerDate Sep<11>2014 21:14 Jul 15, 2022 Jkt 256001 PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 E:\FR\FM\18JYN1.SGM 18JYN1
khammond on DSKJM1Z7X2PROD with NOTICES
‘‘Currently Under Review,’’ (3) click on
the downward-pointing arrow in the
‘‘Select Agency’’ box below the
‘‘Currently Under Review’’ heading, (4)
select ‘‘Federal Communications
Commission’’ from the list of agencies
presented in the ‘‘Select Agency’’ box,
(5) click the ‘‘Submit’’ button to the
right of the ‘‘Select Agency’’ box, (6)
when the list of FCC ICRs currently
under review appears, look for the Title
of this ICR and then click on the ICR
Reference Number. A copy of the FCC
submission to OMB will be displayed.
SUPPLEMENTARY INFORMATION: The
Commission may not conduct or
sponsor a collection of information
unless it displays a currently valid
Office of Management and Budget
(OMB) control number. No person shall
be subject to any penalty for failing to
comply with a collection of information
subject to the PRA that does not display
a valid OMB control number.
As part of its continuing effort to
reduce paperwork burdens, as required
by the Paperwork Reduction Act (PRA)
of 1995 (44 U.S.C. 3501–3520), the FCC
invited the general public and other
Federal Agencies to take this
opportunity to comment on the
following information collection.
Comments are requested concerning: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
burden estimates; (c) ways to enhance
the quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on the respondents,
including the use of automated
collection techniques or other forms of
information technology. Pursuant to the
Small Business Paperwork Relief Act of
2002, Public Law 107–198, see 44 U.S.C.
3506(c)(4), the FCC seeks specific
comment on how it might ‘‘further
reduce the information collection
burden for small business concerns with
fewer than 25 employees.’’
OMB Control No.: 3060–1159.
Title: Part 25—Satellite
Communications; and Part 27—
Miscellaneous Wireless Communication
Services: 2.3 GHz Band.
Form No.: N/A.
Type of Review: Extension of a
currently approved collection.
Respondents: Business or other for
profit entities.
Number of Respondents and
Responses: 155 respondents and 5,761
responses.
Estimated Time per Response: 0.5–40
hours.
Frequency of Response:
Recordkeeping requirement, Third Party
Disclosure, and On occasion and
Quarterly reporting requirements.
Obligation to Respond: Required to
obtain or retain benefits. The statutory
authority for this information collection
is 47 U.S.C. 154, 301, 302(a), 303, 309,
332, 336, and 337 unless otherwise
noted.
Total Annual Burden: 24,065 hours.
Annual Cost Burden: $370,250.
Needs and Uses: The information
filed by Wireless Communications
Service (WCS) licensees in support of
their construction notifications will be
used to determine whether licensees
have complied with the Commission’s
performance benchmarks. Further, the
information collected by licensees in
support of their coordination obligations
will help avoid harmful interference to
Satellite Digital Audio Radio Service
(SDARS), Aeronautical Mobile
Telemetry (AMT) and Deep Space
Network (DSN) operations in other
spectrum bands.
Federal Communications Commission.
Marlene Dortch,
Secretary, Office of the Secretary.
[FR Doc. 2022–15280 Filed 7–15–22; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request; OMB No.
3064–0001; –0178
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Agency information collection
activities: submission for OMB Review;
comment request.
SUMMARY: The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the request to renew the
existing information collections
described below (OMB Control No.
3064–0001 and –0178). The notice of
the proposed renewal for these
information collections was previously
published in the Federal Register on
April 27, 2022, allowing for a 60-day
comment period.
DATES: Comments must be submitted on
or before August 17, 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: comments@fdic.gov. 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 NW building
(located on F Street NW), 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:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, 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: Interagency Charter and
Federal Deposit Insurance Application.
OMB Number: 3064–0001.
Form Number: 6200–05.
Affected Public: Banks or Savings
Associations wishing to become FDIC
insured depository institutions.
Burden Estimate:
VerDate Sep<11>2014 21:14 Jul 15, 2022 Jkt 256001 PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 E:\FR\FM\18JYN1.SGM 18JYN1
khammond on DSKJM1Z7X2PROD with NOTICES
42724 Federal Register / Vol. 87, No. 136 / Monday, July 18, 2022 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–0001]
Information collection description
Type of bur-
den
(obligation to
respond)
Frequency of
response Number of
respondents
Number of
responses per
respondent
Hours per
response Annual burden
(hours)
Interagency Charter and Federal Deposit
Insurance Application.
Reporting
(Manda-
tory).
On Occasion 20 1 125 2,500
Source: FDIC.
General Description of Collection: The
Federal Deposit Insurance Act requires
financial institutions to apply to the
FDIC to obtain deposit insurance. This
collection provides FDIC with the
information needed to evaluate the
applications.
There is no change in the method or
substance of the collection. The
decrease 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.
2. Title: Market Risk Capital
Requirements.
OMB Number: 3064–0178.
Form Number: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
Information collection description Type of burden Frequency of
response
Estimated
number of
respondents
Estimated
number of
responses per
respondent
Estimated
time per
response
(hours)
Estimated
annual burden
(hours)
Identification of Trading Positions (IC–1) ................................. Recordkeeping Annual ............ 1 1 40 40
Trading and Hedging Strategies (IC–2) ................................... Recordkeeping Annual ............ 1 1 16 16
Active Management of Covered Positions (IC–3) .................... Recordkeeping Annual ............ 1 1 16 16
Prior Written Approval to Use Internal Models (IC–4) ............. Reporting ....... Annual ............ 1 1 8 8
Documentation of Internal Models and Other Activities (IC–5) Recordkeeping Annual ............ 1 1 24 24
Prior Approval for Certain Capital Standards (IC–6) ............... Reporting ....... Annual ............ 1 1 8 8
Demonstrate Appropriateness of Proxies (IC–7) ..................... Recordkeeping Annual ............ 1 1 8 8
Retention of Subportfolio Information (IC–8) ........................... Recordkeeping Annual ............ 1 1 24 24
Stressed VaR-based Measure Quantitative Requirements
(IC–9).
Recordkeeping
& Reporting.
Semiannual .... 1 4 40 160
Incremental Risk Modeling Prior Approval (IC–10) ................. Reporting ....... Quarterly ........ 1 4 480 1,920
Comprehensive Risk Measurement Prior Approval (IC–11) .... Reporting ....... Quarterly ........ 1 4 480 1,920
Recordkeeping for Stress Tests (IC–12) ................................. Recordkeeping Quarterly ........ 1 4 8 32
Demonstrate Understanding of Securitization Positions and
Performance (IC–13).
Recordkeeping Periodically ..... 1 100 2 200
Disclosure Policy (IC–14) ......................................................... Recordkeeping Annual ............ 1 1 40 40
Quantitative Market Risk Disclosures (IC–15) ......................... Third-Party
Disclosure.
Quarterly ........ 1 4 8 32
Qualitative Market Risk Disclosures (IC–16) ........................... Third-Party
Disclosure.
Annual ............ 1 1 12 12
Total Annual Burden Hours .............................................. ........................ ........................ ........................ ........................ ........................ 4,460
General Description of Collection: The
FDIC’s market risk capital rules (12 CFR
part 324, subpart F) enhance risk
sensitivity, increase transparency
through enhanced disclosures and
include requirements for the public
disclosure of certain qualitative and
quantitative information about the
market risk of state nonmember banks
and state savings associations (covered
FDIC-supervised institutions). The
market risk rule applies only if a bank
holding company or bank has
aggregated trading assets and trading
liabilities equal to 10 percent or more of
quarter-end total assets or $1 billion or
more (covered FDIC-supervised
institutions). Currently, only one FDIC
regulated entity meets the criteria of the
information collection requirements that
are located at 12 CFR 324.203 through
324.212. The collection of information
is necessary to ensure capital adequacy
appropriate for the level of market risk.
Section 324.203(a)(1) requires covered
FDIC-supervised institutions to have
clearly defined policies and procedures
for determining which trading assets
and trading liabilities are trading
positions and specifies the factors a
covered FDIC-supervised institution
must take into account in drafting those
policies and procedures. Section
324.203(a)(2) requires covered FDIC
supervised institutions to have clearly
defined trading and hedging strategies
for trading positions that are approved
by senior management and specifies
what the strategies must articulate.
Section 324.203(b)(1) requires covered
FDIC-supervised institutions to have
clearly defined policies and procedures
for actively managing all covered
positions and specifies the minimum
requirements for those policies and
procedures. Sections 324.203(c)(4)
through 324.203(c)(10) require the
annual review of internal models and
specify certain requirements for those
models. Section 324.203(d) requires the
internal audit group of a covered FDIC
supervised institution to prepare an
annual report to the board of directors
on the effectiveness of controls
supporting the market risk measurement
systems. Section 324.204(b) requires
covered FDIC-supervised institutions to
conduct quarterly back testing. Section
324.205(a)(5) requires institutions to
demonstrate to the FDIC the
appropriateness of proxies used to
capture risks within value-at-risk
models. Section 324.205(c) requires
institutions to develop, retain, and make
available to the FDIC value-at-risk and
profit and loss information on sub
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khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–0001]
Information collection description
Type of bur-
den
(obligation to
respond)
Frequency of
response Number of
respondents
Number of
responses per
respondent
Hours per
response Annual burden
(hours)
Interagency Charter and Federal Deposit
Insurance Application.
Reporting
(Manda-
tory).
On Occasion 20 1 125 2,500
Source: FDIC.
General Description of Collection: The
Federal Deposit Insurance Act requires
financial institutions to apply to the
FDIC to obtain deposit insurance. This
collection provides FDIC with the
information needed to evaluate the
applications.
There is no change in the method or
substance of the collection. The
decrease 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.
2. Title: Market Risk Capital
Requirements.
OMB Number: 3064–0178.
Form Number: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
Information collection description Type of burden Frequency of
response
Estimated
number of
respondents
Estimated
number of
responses per
respondent
Estimated
time per
response
(hours)
Estimated
annual burden
(hours)
Identification of Trading Positions (IC–1) ................................. Recordkeeping Annual ............ 1 1 40 40
Trading and Hedging Strategies (IC–2) ................................... Recordkeeping Annual ............ 1 1 16 16
Active Management of Covered Positions (IC–3) .................... Recordkeeping Annual ............ 1 1 16 16
Prior Written Approval to Use Internal Models (IC–4) ............. Reporting ....... Annual ............ 1 1 8 8
Documentation of Internal Models and Other Activities (IC–5) Recordkeeping Annual ............ 1 1 24 24
Prior Approval for Certain Capital Standards (IC–6) ............... Reporting ....... Annual ............ 1 1 8 8
Demonstrate Appropriateness of Proxies (IC–7) ..................... Recordkeeping Annual ............ 1 1 8 8
Retention of Subportfolio Information (IC–8) ........................... Recordkeeping Annual ............ 1 1 24 24
Stressed VaR-based Measure Quantitative Requirements
(IC–9).
Recordkeeping
& Reporting.
Semiannual .... 1 4 40 160
Incremental Risk Modeling Prior Approval (IC–10) ................. Reporting ....... Quarterly ........ 1 4 480 1,920
Comprehensive Risk Measurement Prior Approval (IC–11) .... Reporting ....... Quarterly ........ 1 4 480 1,920
Recordkeeping for Stress Tests (IC–12) ................................. Recordkeeping Quarterly ........ 1 4 8 32
Demonstrate Understanding of Securitization Positions and
Performance (IC–13).
Recordkeeping Periodically ..... 1 100 2 200
Disclosure Policy (IC–14) ......................................................... Recordkeeping Annual ............ 1 1 40 40
Quantitative Market Risk Disclosures (IC–15) ......................... Third-Party
Disclosure.
Quarterly ........ 1 4 8 32
Qualitative Market Risk Disclosures (IC–16) ........................... Third-Party
Disclosure.
Annual ............ 1 1 12 12
Total Annual Burden Hours .............................................. ........................ ........................ ........................ ........................ ........................ 4,460
General Description of Collection: The
FDIC’s market risk capital rules (12 CFR
part 324, subpart F) enhance risk
sensitivity, increase transparency
through enhanced disclosures and
include requirements for the public
disclosure of certain qualitative and
quantitative information about the
market risk of state nonmember banks
and state savings associations (covered
FDIC-supervised institutions). The
market risk rule applies only if a bank
holding company or bank has
aggregated trading assets and trading
liabilities equal to 10 percent or more of
quarter-end total assets or $1 billion or
more (covered FDIC-supervised
institutions). Currently, only one FDIC
regulated entity meets the criteria of the
information collection requirements that
are located at 12 CFR 324.203 through
324.212. The collection of information
is necessary to ensure capital adequacy
appropriate for the level of market risk.
Section 324.203(a)(1) requires covered
FDIC-supervised institutions to have
clearly defined policies and procedures
for determining which trading assets
and trading liabilities are trading
positions and specifies the factors a
covered FDIC-supervised institution
must take into account in drafting those
policies and procedures. Section
324.203(a)(2) requires covered FDIC
supervised institutions to have clearly
defined trading and hedging strategies
for trading positions that are approved
by senior management and specifies
what the strategies must articulate.
Section 324.203(b)(1) requires covered
FDIC-supervised institutions to have
clearly defined policies and procedures
for actively managing all covered
positions and specifies the minimum
requirements for those policies and
procedures. Sections 324.203(c)(4)
through 324.203(c)(10) require the
annual review of internal models and
specify certain requirements for those
models. Section 324.203(d) requires the
internal audit group of a covered FDIC
supervised institution to prepare an
annual report to the board of directors
on the effectiveness of controls
supporting the market risk measurement
systems. Section 324.204(b) requires
covered FDIC-supervised institutions to
conduct quarterly back testing. Section
324.205(a)(5) requires institutions to
demonstrate to the FDIC the
appropriateness of proxies used to
capture risks within value-at-risk
models. Section 324.205(c) requires
institutions to develop, retain, and make
available to the FDIC value-at-risk and
profit and loss information on sub
VerDate Sep<11>2014 21:14 Jul 15, 2022 Jkt 256001 PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 E:\FR\FM\18JYN1.SGM 18JYN1
khammond on DSKJM1Z7X2PROD with NOTICES