68901Federal Register / Vol. 80, No. 215 / Friday, November 6, 2015 / Notices
DEPARTMENT OF THE TREASURY
Office of the Comptroller of Currency
FEDERAL RESERVE SYSTEM
[Docket No. OP–1465]
FEDERAL DEPOSIT INSURANCE
CORPORATION
BUREAU OF CONSUMER FINANCIAL
PROTECTION
SECURITIES AND EXCHANGE
COMMISSION
Agency Information Collection;
Submission for OMB Review; Joint
Comment Request; Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies
AGENCY: Office of the Comptroller of the
Currency (OCC); Board of Governors of
the Federal Reserve System (Board);
Federal Deposit Insurance Corporation
(FDIC); Bureau of Consumer Financial
Protection (CFPB); and Securities and
Exchange Commission (SEC).
ACTION: Joint notice, request for
comment, and notice of information
collection to be submitted to the Office
of Management and Budget (OMB) for
review and approval under the
Paperwork Reduction Act of 1995
(PRA).
SUMMARY: The OCC, FDIC, CFPB, and
SEC (each, an Agency and collectively,
the Agencies) have submitted to OMB a
request for approval under the PRA of
the collection of information discussed
below. The Board (also an Agency and
included in Agencies) reviewed the
joint notice under the authority
delegated to the Board by OMB. An
agency may not conduct or sponsor, and
a respondent is not required to respond
to, an information collection unless it
displays a currently valid OMB control
number.
DATES: Comments must be submitted on
or before December 7, 2015.
ADDRESSES: Interested parties are
invited to submit written comments to
any or all of the Agencies. All comments
received will be shared among the
Agencies.
OCC: Because paper mail in the
Washington, DC area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
email, if possible. Comments may be
sent to: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–NEW, 400 7th Street SW., Suite
3E–218, Mail Stop 9W–11, Washington,
DC 20219. In addition, comments may
be sent by fax to (571) 465–4326 or by
electronic mail to prainfo@occ.treas.gov.
In general, OCC will enter all
comments received into the docket and
publish them on the www.reginfo.gov
Web site without change, including any
business or personal information that
you provide such as name and address
information, email addresses, or phone
numbers. Comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
You may personally inspect and
photocopy comments by visiting the
OCC at 400 7th Street SW., Washington,
DC 20219. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You
may make an appointment by calling
(202) 649–6700 or, for persons who are
deaf or hard of hearing, TTY (202) 649–
5597. Upon arrival, visitors will be
required to present valid government-
issued photo identification and submit
to a security screening, prior to
inspecting and photocopying comments.
Board: You may submit comments,
identified by ‘‘OMWI Policy Statement,’’
by any of the following methods:
• Agency Web site: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at
http://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: regs.comments@
federalreserve.gov.
• FAX: (202) 452–3819 or (202) 452–
3102.
• Mail: Robert deV. Frierson,
Secretary, Board of Governors of the
Federal Reserve System, 20th Street and
Constitution Avenue NW., Washington,
DC 20551.
All public comments are available
from the Board’s Web site at http://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper form in Room MP–500 of the
Board’s Martin Building (20th and C
Streets NW.) between 9:00 a.m. and 5:00
p.m. on weekdays.
FDIC: You may submit comments on
this information collection, which
should refer to ‘‘Joint Standards for
Assessing Diversity Policies and
Practices,’’ by any of the following
methods:
• Agency Web site: http://
www.fdic.gov/regulations/laws/federal/.
Follow the instructions for submitting
comments on the FDIC Web site.
• Email: comments@FDIC.gov.
Include ‘‘Joint Standards for Assessing
Diversity Policies and Practices’’ in the
subject line of the message.
• Mail: Gary A. Kuiper, Counsel, MB–
3074, Federal Deposit Insurance
Corporation, 550 17th Street NW.,
Washington, DC 20429.
CFPB: You may submit comments,
identified by the title of the information
collection, ‘‘Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies,’’ or by the docket number (see
below) using any of the following
methods:
• Electronic: http://
www.regulations.gov (Docket Number:
CFPB±2015±0042). Follow the
instructions for submitting comments.
• Mail: Consumer Financial
Protection Bureau (Attention: PRA
Office), 1700 G Street NW., Washington,
DC 20552.
• Hand Delivery/Courier: Consumer
Financial Protection Bureau (Attention:
PRA Office), 1275 First Street NE.,
Washington, DC 20002.
Please note that comments submitted
after the comment period will not be
accepted. In general, all comments
received will become public records,
including any personal information
provided. Sensitive personal
information, such as account numbers
or social security numbers, should not
be included.
SEC: Please direct your written
comments to Pamela Dyson, Chief
Information Officer, Securities and
Exchange Commission, c/o Remi Pavlik-
Simon, 100 F Street NE., Washington,
DC 20549, or send an email to PRA_
Mailbox@sec.gov with ‘‘SEC File 270–
664 OMWI Policy Statement’’ in the
subject line of the message.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the Agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building
Room 10235, 725 17th Street NW.,
Washington, DC 20503: By fax to (202)
395–6974; or by email to oira_
submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: For
further information about the
information collection discussed in this
notice, please contact any Agency
clearance officer named below. In
addition, background documentation for
VerDate Sep<11>2014 17:21 Nov 05, 2015 Jkt 238001 PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 E:\FR\FM\06NON1.SGM 06NON1
mstockstill on DSK4VPTVN1PROD with NOTICES
DEPARTMENT OF THE TREASURY
Office of the Comptroller of Currency
FEDERAL RESERVE SYSTEM
[Docket No. OP–1465]
FEDERAL DEPOSIT INSURANCE
CORPORATION
BUREAU OF CONSUMER FINANCIAL
PROTECTION
SECURITIES AND EXCHANGE
COMMISSION
Agency Information Collection;
Submission for OMB Review; Joint
Comment Request; Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies
AGENCY: Office of the Comptroller of the
Currency (OCC); Board of Governors of
the Federal Reserve System (Board);
Federal Deposit Insurance Corporation
(FDIC); Bureau of Consumer Financial
Protection (CFPB); and Securities and
Exchange Commission (SEC).
ACTION: Joint notice, request for
comment, and notice of information
collection to be submitted to the Office
of Management and Budget (OMB) for
review and approval under the
Paperwork Reduction Act of 1995
(PRA).
SUMMARY: The OCC, FDIC, CFPB, and
SEC (each, an Agency and collectively,
the Agencies) have submitted to OMB a
request for approval under the PRA of
the collection of information discussed
below. The Board (also an Agency and
included in Agencies) reviewed the
joint notice under the authority
delegated to the Board by OMB. An
agency may not conduct or sponsor, and
a respondent is not required to respond
to, an information collection unless it
displays a currently valid OMB control
number.
DATES: Comments must be submitted on
or before December 7, 2015.
ADDRESSES: Interested parties are
invited to submit written comments to
any or all of the Agencies. All comments
received will be shared among the
Agencies.
OCC: Because paper mail in the
Washington, DC area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
email, if possible. Comments may be
sent to: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–NEW, 400 7th Street SW., Suite
3E–218, Mail Stop 9W–11, Washington,
DC 20219. In addition, comments may
be sent by fax to (571) 465–4326 or by
electronic mail to prainfo@occ.treas.gov.
In general, OCC will enter all
comments received into the docket and
publish them on the www.reginfo.gov
Web site without change, including any
business or personal information that
you provide such as name and address
information, email addresses, or phone
numbers. Comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
You may personally inspect and
photocopy comments by visiting the
OCC at 400 7th Street SW., Washington,
DC 20219. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You
may make an appointment by calling
(202) 649–6700 or, for persons who are
deaf or hard of hearing, TTY (202) 649–
5597. Upon arrival, visitors will be
required to present valid government-
issued photo identification and submit
to a security screening, prior to
inspecting and photocopying comments.
Board: You may submit comments,
identified by ‘‘OMWI Policy Statement,’’
by any of the following methods:
• Agency Web site: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at
http://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: regs.comments@
federalreserve.gov.
• FAX: (202) 452–3819 or (202) 452–
3102.
• Mail: Robert deV. Frierson,
Secretary, Board of Governors of the
Federal Reserve System, 20th Street and
Constitution Avenue NW., Washington,
DC 20551.
All public comments are available
from the Board’s Web site at http://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper form in Room MP–500 of the
Board’s Martin Building (20th and C
Streets NW.) between 9:00 a.m. and 5:00
p.m. on weekdays.
FDIC: You may submit comments on
this information collection, which
should refer to ‘‘Joint Standards for
Assessing Diversity Policies and
Practices,’’ by any of the following
methods:
• Agency Web site: http://
www.fdic.gov/regulations/laws/federal/.
Follow the instructions for submitting
comments on the FDIC Web site.
• Email: comments@FDIC.gov.
Include ‘‘Joint Standards for Assessing
Diversity Policies and Practices’’ in the
subject line of the message.
• Mail: Gary A. Kuiper, Counsel, MB–
3074, Federal Deposit Insurance
Corporation, 550 17th Street NW.,
Washington, DC 20429.
CFPB: You may submit comments,
identified by the title of the information
collection, ‘‘Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies,’’ or by the docket number (see
below) using any of the following
methods:
• Electronic: http://
www.regulations.gov (Docket Number:
CFPB±2015±0042). Follow the
instructions for submitting comments.
• Mail: Consumer Financial
Protection Bureau (Attention: PRA
Office), 1700 G Street NW., Washington,
DC 20552.
• Hand Delivery/Courier: Consumer
Financial Protection Bureau (Attention:
PRA Office), 1275 First Street NE.,
Washington, DC 20002.
Please note that comments submitted
after the comment period will not be
accepted. In general, all comments
received will become public records,
including any personal information
provided. Sensitive personal
information, such as account numbers
or social security numbers, should not
be included.
SEC: Please direct your written
comments to Pamela Dyson, Chief
Information Officer, Securities and
Exchange Commission, c/o Remi Pavlik-
Simon, 100 F Street NE., Washington,
DC 20549, or send an email to PRA_
Mailbox@sec.gov with ‘‘SEC File 270–
664 OMWI Policy Statement’’ in the
subject line of the message.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the Agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building
Room 10235, 725 17th Street NW.,
Washington, DC 20503: By fax to (202)
395–6974; or by email to oira_
submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: For
further information about the
information collection discussed in this
notice, please contact any Agency
clearance officer named below. In
addition, background documentation for
VerDate Sep<11>2014 17:21 Nov 05, 2015 Jkt 238001 PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 E:\FR\FM\06NON1.SGM 06NON1
mstockstill on DSK4VPTVN1PROD with NOTICES
68902 Federal Register / Vol. 80, No. 215 / Friday, November 6, 2015 / Notices
1 The National Credit Union Administration
(NCUA) joined the Agencies in issuing the Policy
Statement. However, the NCUA is issuing a separate
Federal Register notice for PRA clearance.
2 Separately, the NCUA received a comment letter
from an industry trade association. The Agencies
considered this comment and have included it in
the discussion of comments below.
this information collection may be
viewed at www.reginfo.gov or at the
following locations:
OCC: Shaquita Merritt or Mary H.
Gottlieb, (202) 649–5490 or, for persons
who are deaf or hard of hearing, TTY
(202) 649–5597, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219.
Board: Nuha Elmaghrabi: Federal
Reserve Clearance Officer, Office of the
Chief Data Officer, Mail Stop K1–148,
Board of Governors of the Federal
Reserve System, Washington, DC 20551.
FDIC: Gary A. Kuiper, Counsel, MB–
3074, Federal Deposit Insurance
Corporation, 550 17th Street NW.,
Washington, DC 20429, or send an email
to gkuiper@fdic.gov.
CFPB: Darrin A. King, Paperwork
Reduction Act Officer, 1700 G Street
NW., Washington, DC 20552, (202) 435–
9575, or email: PRA@cfpb.gov. Please do
not submit comments to this email box.
SEC: Pamela Dyson, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC 20549
or send an email to PRA_Mailbox@
sec.gov.
SUPPLEMENTARY INFORMATION: Section
342 of the Dodd-Frank Wall Street
Reform and Consumer Protection Act of
2010 (Dodd-Frank Act) required each
Agency to establish an Office of
Minority and Women Inclusion (OMWI)
to be responsible for all matters of the
Agency relating to diversity in
management, employment, and business
activities. The Dodd-Frank Act also
instructed the OMWI Directors to
develop standards for assessing the
diversity policies and practices of
entities regulated by their Agencies. The
Agencies worked together to develop
joint standards and, on June 10, 2015,
they published a Federal Register notice
(80 FR 33016) entitled ‘‘Final
Interagency Policy Statement
Establishing Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies’’ (Policy Statement).1 The
Policy Statement contains a collection
of information within the meaning of
the PRA (44 U.S.C. 3501 et seq.).
A. Overview of the Collection of
Information
1. Description of the Collection of
Information and Proposed Use
The title for this proposed collection
of information is:
• Joint Standards for Assessing
Diversity Policies and Practices.
The Policy Statement includes Joint
Standards that cover ‘‘Practices to
Promote Transparency of Organizational
Diversity and Inclusion.’’ These
standards contemplate that a regulated
entity is transparent about its diversity
and inclusion activities by making
certain information available to the
public annually on its Web site or in
other appropriate communications, in a
manner reflective of the entity’s size and
other characteristics. The information
noted in these standards is the entity’s
diversity and inclusion strategic plan;
its policy on its commitment to
diversity and inclusion; progress toward
achieving diversity and inclusion in its
workforce and procurement activities
(which may include the entity’s current
workforce and supplier demographic
profiles); and employment and
procurement opportunities available at
the entity that promote diversity.
In addition, the Policy Statement
includes standards that address
‘‘Entities’ Self-Assessment.’’ These
standards envision that the regulated
entity conducts a voluntary self-
assessment of its diversity policies and
practices at least annually, provides
information pertaining to this self-
assessment to its primary federal
financial regulator, and publishes
information pertaining to its efforts with
respect to the Joint Standards. The
information provided to the Agencies
will be used to monitor progress and
trends among regulated entities with
regard to diversity and inclusion in
employment and contracting activities,
as well as to identify and publicize
leading diversity policies and practices.
2. Description of Likely Respondents
and Estimate of Annual Burden
The collections of information
contemplated by the Joint Standards
will impose no new recordkeeping
burdens as regulated entities will only
publish or provide information
pertaining to diversity policies and
practices that they maintain during the
normal course of business. The
Agencies estimate that, on average, it
will take a regulated entity
approximately 12 burden hours
annually to publish information
pertaining to its diversity policies and
practices on its Web site or in other
appropriate communications and to
retrieve and submit information
pertaining to its self-assessment to its
primary federal financial regulator.
The Agencies estimate the total
burden for all regulated entities as
follows:
Information Collection: Joint
Standards for Assessing Diversity
Policies and Practices.
Estimated Number of Respondents:
OCC: 215.
Board: 488.
FDIC: 398.
CFPB: 750.
SEC: 1,250.
Frequency of Collection: Annual.
Average Response Time per
Respondent: 12 hours.
Estimated Total Annual Burden
Hours:
OCC: 2,580 hours.
Board: 5,856 hours.
FDIC: 4,776 hours.
CFPB: 9,000 hours.
SEC: 15,000 hours.
Obligation to respond: Voluntary.
B. Solicitation of Public Comments
The Policy Statement included a 60-
day notice requesting public comments
on the collection of information. During
the comment period, the Agencies
collectively received four comment
letters: Two from industry trade
associations, one from an advocacy
organization, and one from an
individual.2 The comments, which are
described below, addressed the
collection of information under the
‘‘Entities Self-Assessment’’ Joint
Standards. (As noted above, these Joint
Standards envision that a regulated
entity provides self-assessment
information to the OMWI Director of the
entity’s primary federal financial
regulator.) The commenters also
commented on aspects of the Policy
Statement unrelated to the collection of
information; these views are not
relevant to this notice or the paperwork
burden analysis and, accordingly, they
are not addressed below.
After reviewing and considering the
comments related to the collection of
information, the Agencies have decided
not to make any changes to the
collection of information described in
the 60-day notice.
1. Practical Utility of Information
Collection
Two commenters addressed whether
the collection of information pertaining
to self-assessments will have practical
utility. One commenter asserted that it
is premature to gauge how useful
information will be without knowing
precisely what information the Agencies
will request. The other commenter
maintained that the information
collection request in the Policy
VerDate Sep<11>2014 17:21 Nov 05, 2015 Jkt 238001 PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 E:\FR\FM\06NON1.SGM 06NON1
mstockstill on DSK4VPTVN1PROD with NOTICES
1 The National Credit Union Administration
(NCUA) joined the Agencies in issuing the Policy
Statement. However, the NCUA is issuing a separate
Federal Register notice for PRA clearance.
2 Separately, the NCUA received a comment letter
from an industry trade association. The Agencies
considered this comment and have included it in
the discussion of comments below.
this information collection may be
viewed at www.reginfo.gov or at the
following locations:
OCC: Shaquita Merritt or Mary H.
Gottlieb, (202) 649–5490 or, for persons
who are deaf or hard of hearing, TTY
(202) 649–5597, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219.
Board: Nuha Elmaghrabi: Federal
Reserve Clearance Officer, Office of the
Chief Data Officer, Mail Stop K1–148,
Board of Governors of the Federal
Reserve System, Washington, DC 20551.
FDIC: Gary A. Kuiper, Counsel, MB–
3074, Federal Deposit Insurance
Corporation, 550 17th Street NW.,
Washington, DC 20429, or send an email
to gkuiper@fdic.gov.
CFPB: Darrin A. King, Paperwork
Reduction Act Officer, 1700 G Street
NW., Washington, DC 20552, (202) 435–
9575, or email: PRA@cfpb.gov. Please do
not submit comments to this email box.
SEC: Pamela Dyson, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC 20549
or send an email to PRA_Mailbox@
sec.gov.
SUPPLEMENTARY INFORMATION: Section
342 of the Dodd-Frank Wall Street
Reform and Consumer Protection Act of
2010 (Dodd-Frank Act) required each
Agency to establish an Office of
Minority and Women Inclusion (OMWI)
to be responsible for all matters of the
Agency relating to diversity in
management, employment, and business
activities. The Dodd-Frank Act also
instructed the OMWI Directors to
develop standards for assessing the
diversity policies and practices of
entities regulated by their Agencies. The
Agencies worked together to develop
joint standards and, on June 10, 2015,
they published a Federal Register notice
(80 FR 33016) entitled ‘‘Final
Interagency Policy Statement
Establishing Joint Standards for
Assessing the Diversity Policies and
Practices of Entities Regulated by the
Agencies’’ (Policy Statement).1 The
Policy Statement contains a collection
of information within the meaning of
the PRA (44 U.S.C. 3501 et seq.).
A. Overview of the Collection of
Information
1. Description of the Collection of
Information and Proposed Use
The title for this proposed collection
of information is:
• Joint Standards for Assessing
Diversity Policies and Practices.
The Policy Statement includes Joint
Standards that cover ‘‘Practices to
Promote Transparency of Organizational
Diversity and Inclusion.’’ These
standards contemplate that a regulated
entity is transparent about its diversity
and inclusion activities by making
certain information available to the
public annually on its Web site or in
other appropriate communications, in a
manner reflective of the entity’s size and
other characteristics. The information
noted in these standards is the entity’s
diversity and inclusion strategic plan;
its policy on its commitment to
diversity and inclusion; progress toward
achieving diversity and inclusion in its
workforce and procurement activities
(which may include the entity’s current
workforce and supplier demographic
profiles); and employment and
procurement opportunities available at
the entity that promote diversity.
In addition, the Policy Statement
includes standards that address
‘‘Entities’ Self-Assessment.’’ These
standards envision that the regulated
entity conducts a voluntary self-
assessment of its diversity policies and
practices at least annually, provides
information pertaining to this self-
assessment to its primary federal
financial regulator, and publishes
information pertaining to its efforts with
respect to the Joint Standards. The
information provided to the Agencies
will be used to monitor progress and
trends among regulated entities with
regard to diversity and inclusion in
employment and contracting activities,
as well as to identify and publicize
leading diversity policies and practices.
2. Description of Likely Respondents
and Estimate of Annual Burden
The collections of information
contemplated by the Joint Standards
will impose no new recordkeeping
burdens as regulated entities will only
publish or provide information
pertaining to diversity policies and
practices that they maintain during the
normal course of business. The
Agencies estimate that, on average, it
will take a regulated entity
approximately 12 burden hours
annually to publish information
pertaining to its diversity policies and
practices on its Web site or in other
appropriate communications and to
retrieve and submit information
pertaining to its self-assessment to its
primary federal financial regulator.
The Agencies estimate the total
burden for all regulated entities as
follows:
Information Collection: Joint
Standards for Assessing Diversity
Policies and Practices.
Estimated Number of Respondents:
OCC: 215.
Board: 488.
FDIC: 398.
CFPB: 750.
SEC: 1,250.
Frequency of Collection: Annual.
Average Response Time per
Respondent: 12 hours.
Estimated Total Annual Burden
Hours:
OCC: 2,580 hours.
Board: 5,856 hours.
FDIC: 4,776 hours.
CFPB: 9,000 hours.
SEC: 15,000 hours.
Obligation to respond: Voluntary.
B. Solicitation of Public Comments
The Policy Statement included a 60-
day notice requesting public comments
on the collection of information. During
the comment period, the Agencies
collectively received four comment
letters: Two from industry trade
associations, one from an advocacy
organization, and one from an
individual.2 The comments, which are
described below, addressed the
collection of information under the
‘‘Entities Self-Assessment’’ Joint
Standards. (As noted above, these Joint
Standards envision that a regulated
entity provides self-assessment
information to the OMWI Director of the
entity’s primary federal financial
regulator.) The commenters also
commented on aspects of the Policy
Statement unrelated to the collection of
information; these views are not
relevant to this notice or the paperwork
burden analysis and, accordingly, they
are not addressed below.
After reviewing and considering the
comments related to the collection of
information, the Agencies have decided
not to make any changes to the
collection of information described in
the 60-day notice.
1. Practical Utility of Information
Collection
Two commenters addressed whether
the collection of information pertaining
to self-assessments will have practical
utility. One commenter asserted that it
is premature to gauge how useful
information will be without knowing
precisely what information the Agencies
will request. The other commenter
maintained that the information
collection request in the Policy
VerDate Sep<11>2014 17:21 Nov 05, 2015 Jkt 238001 PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 E:\FR\FM\06NON1.SGM 06NON1
mstockstill on DSK4VPTVN1PROD with NOTICES