62616 Federal Register / Vol. 79, No. 202 / Monday, October 20, 2014 / Notices
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewals; Comment Request (3064–
0022, 0027 & 0115)
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
SUMMARY: The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of existing
information collections, as required by
the Paperwork Reduction Act of 1995
(44 U.S.C. chapter 35). Currently, the
FDIC is soliciting comment on renewal
of the information collections described
below.
DATES: Comments must be submitted on
or before December 19, 2014.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• http://www.FDIC.gov/regulations/
laws/federal/.
• Email: comments@fdic.gov Include
the name of the collection in the subject
line of the message.
• Mail: Gary A. Kuiper
(202.898.3877), Counsel, Room NYA–
5046, 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: Gary
A. Kuiper, at the FDIC address above.
SUPPLEMENTARY INFORMATION:
Proposal To Renew the Following
Currently-Approved Collections of
Information
1. Title: Securities of Insured
Nonmember Banks.
OMB Number: 3064–0022.
Form Numbers: Form MSD–4 or Form
MSD–5.
Affected Public: State non-member
banks and savings associations.
Estimated Number of Respondents:
75.
Estimated Time per Response: 1 hour.
Frequency of Response: On occasion.
Total estimated annual burden: 75
hours.
General Description of Collection: An
insured state nonmember bank that
serves as a municipal securities dealer
must file Form MSD–4 or Form MSD–
5, as applicable, to permit an employee
to become associated with, or to
terminate the association with, the
municipal securities dealer. The filing
requirements are based on rules
promulgated by the Municipal
Securities Rulemaking Board.
2. Title: Request for Deregistration for
Registered Transfer Agents.
OMB Number: 3064–0027.
Form Number: FDIC Form 6342/12.
Affected Public: Insured financial
institutions.
Estimated Number of Respondents: 5.
Frequency of Response: On occasion.
Estimated Annual Burden Hours per
Response: .42 hours.
Total estimated annual burden: 2.1
hours.
General Description of Collection:
Under the Securities Exchange Act of
1934 (15 U.S.C. 78q–1), an insured
nonmember bank (or a subsidiary of
such a bank) that functions as a transfer
agent may withdraw from registration as
a transfer agent by filing a written notice
of withdrawal with the FDIC. The FDIC
requires such banks to file FDIC Form
6342/12.
3. Title: Prompt Corrective Action.
OMB Number: 3064–0115.
Affected Public: Insured financial
institutions.
Estimated Burden Hours:
Number of reports submitted: 50.
Hours to prepare the report: 4.
Total annual burden hours: 200
hours.
General Description of Collection: The
Prompt Corrective Action (‘‘PCA’’) provisions
of section 38 of the Federal Deposit Insurance
Act require or permit the FDIC and other
federal banking agencies to take certain
supervisory actions when FDIC-insured
institutions fall within one of five capital
categories. They also restrict or prohibit
certain activities and require the submission
of a capital restoration plan when an insured
institution becomes undercapitalized.
Various provisions of the statute and the
FDIC’s implementing regulations require the
prior approval of the FDIC before an FDIC-
supervised institution can engage in certain
activities, or allow the FDIC to make
exceptions to restrictions that would
otherwise be imposed. This collection of
information consists of the applications that
are required to obtain the FDIC’s prior
approval.
Request for Comment
Comments are invited on: (a) Whether
the collections of information are
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 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; and (d) ways to minimize the
burden of the information collections 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 15th day of
October 2014.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2014–24839 Filed 10–17–14; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Sunshine Act Meeting
Pursuant to the provisions of the
‘‘Government in the Sunshine Act’’ (5
U.S.C. 552b), notice is hereby given that
the Federal Deposit Insurance
Corporation’s Board of Directors will
meet in open session at 10:00 a.m. on
Tuesday, October 21, 2014, to consider
the following matters:
Summary Agenda: No substantive
discussion of the following items is
anticipated. These matters will be
resolved with a single vote unless a
member of the Board of Directors
requests that an item be moved to the
discussion agenda.
Disposition of minutes of previous
Board of Directors’ Meetings.
Memorandum and resolution re:
Proposed Rule to Revise 12 CFR part
340, ‘‘Restrictions on Sales of Assets by
the Federal Deposit Insurance
Corporation’’.
Memorandum and resolution re: Joint
Notice of Proposed Rulemaking for the
Purpose of Implementing the Escrow
Requirements of the Homeowner Flood
Insurance Affordability Act.
Memorandum and resolution re:
Notice of Proposed Rulemaking
Regarding the Retention of Records of a
Covered Financial Company and of the
FDIC as Receiver pursuant to the Dodd-
Frank Act.
Memorandum and resolution re:
Designated Reserve Ratio for 2015.
Memorandum and resolution re: Final
Rule regarding Part 390 Subpart U and
Part 335—Securities of State
Nonmember Banks and State Savings
Associations.
VerDate Sep<11>2014 18:41 Oct 17, 2014 Jkt 235001 PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 E:\FR\FM\20OCN1.SGM 20OCN1
tkelley on DSK3SPTVN1PROD with NOTICES
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewals; Comment Request (3064–
0022, 0027 & 0115)
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
SUMMARY: The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of existing
information collections, as required by
the Paperwork Reduction Act of 1995
(44 U.S.C. chapter 35). Currently, the
FDIC is soliciting comment on renewal
of the information collections described
below.
DATES: Comments must be submitted on
or before December 19, 2014.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• http://www.FDIC.gov/regulations/
laws/federal/.
• Email: comments@fdic.gov Include
the name of the collection in the subject
line of the message.
• Mail: Gary A. Kuiper
(202.898.3877), Counsel, Room NYA–
5046, 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: Gary
A. Kuiper, at the FDIC address above.
SUPPLEMENTARY INFORMATION:
Proposal To Renew the Following
Currently-Approved Collections of
Information
1. Title: Securities of Insured
Nonmember Banks.
OMB Number: 3064–0022.
Form Numbers: Form MSD–4 or Form
MSD–5.
Affected Public: State non-member
banks and savings associations.
Estimated Number of Respondents:
75.
Estimated Time per Response: 1 hour.
Frequency of Response: On occasion.
Total estimated annual burden: 75
hours.
General Description of Collection: An
insured state nonmember bank that
serves as a municipal securities dealer
must file Form MSD–4 or Form MSD–
5, as applicable, to permit an employee
to become associated with, or to
terminate the association with, the
municipal securities dealer. The filing
requirements are based on rules
promulgated by the Municipal
Securities Rulemaking Board.
2. Title: Request for Deregistration for
Registered Transfer Agents.
OMB Number: 3064–0027.
Form Number: FDIC Form 6342/12.
Affected Public: Insured financial
institutions.
Estimated Number of Respondents: 5.
Frequency of Response: On occasion.
Estimated Annual Burden Hours per
Response: .42 hours.
Total estimated annual burden: 2.1
hours.
General Description of Collection:
Under the Securities Exchange Act of
1934 (15 U.S.C. 78q–1), an insured
nonmember bank (or a subsidiary of
such a bank) that functions as a transfer
agent may withdraw from registration as
a transfer agent by filing a written notice
of withdrawal with the FDIC. The FDIC
requires such banks to file FDIC Form
6342/12.
3. Title: Prompt Corrective Action.
OMB Number: 3064–0115.
Affected Public: Insured financial
institutions.
Estimated Burden Hours:
Number of reports submitted: 50.
Hours to prepare the report: 4.
Total annual burden hours: 200
hours.
General Description of Collection: The
Prompt Corrective Action (‘‘PCA’’) provisions
of section 38 of the Federal Deposit Insurance
Act require or permit the FDIC and other
federal banking agencies to take certain
supervisory actions when FDIC-insured
institutions fall within one of five capital
categories. They also restrict or prohibit
certain activities and require the submission
of a capital restoration plan when an insured
institution becomes undercapitalized.
Various provisions of the statute and the
FDIC’s implementing regulations require the
prior approval of the FDIC before an FDIC-
supervised institution can engage in certain
activities, or allow the FDIC to make
exceptions to restrictions that would
otherwise be imposed. This collection of
information consists of the applications that
are required to obtain the FDIC’s prior
approval.
Request for Comment
Comments are invited on: (a) Whether
the collections of information are
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 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; and (d) ways to minimize the
burden of the information collections 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 15th day of
October 2014.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2014–24839 Filed 10–17–14; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Sunshine Act Meeting
Pursuant to the provisions of the
‘‘Government in the Sunshine Act’’ (5
U.S.C. 552b), notice is hereby given that
the Federal Deposit Insurance
Corporation’s Board of Directors will
meet in open session at 10:00 a.m. on
Tuesday, October 21, 2014, to consider
the following matters:
Summary Agenda: No substantive
discussion of the following items is
anticipated. These matters will be
resolved with a single vote unless a
member of the Board of Directors
requests that an item be moved to the
discussion agenda.
Disposition of minutes of previous
Board of Directors’ Meetings.
Memorandum and resolution re:
Proposed Rule to Revise 12 CFR part
340, ‘‘Restrictions on Sales of Assets by
the Federal Deposit Insurance
Corporation’’.
Memorandum and resolution re: Joint
Notice of Proposed Rulemaking for the
Purpose of Implementing the Escrow
Requirements of the Homeowner Flood
Insurance Affordability Act.
Memorandum and resolution re:
Notice of Proposed Rulemaking
Regarding the Retention of Records of a
Covered Financial Company and of the
FDIC as Receiver pursuant to the Dodd-
Frank Act.
Memorandum and resolution re:
Designated Reserve Ratio for 2015.
Memorandum and resolution re: Final
Rule regarding Part 390 Subpart U and
Part 335—Securities of State
Nonmember Banks and State Savings
Associations.
VerDate Sep<11>2014 18:41 Oct 17, 2014 Jkt 235001 PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 E:\FR\FM\20OCN1.SGM 20OCN1
tkelley on DSK3SPTVN1PROD with NOTICES