59383Federal Register / Vol. 83, No. 226 / Friday, November 23, 2018 / Notices
government securities broker or dealer
function of the bank.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours (from 17
hours to 13.25 hours) is the result of
economic fluctuation. In particular, the
number of respondents has decreased
from 17 to 8 while the hours per
response and frequency of responses
have remained the same.
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, on November 19,
2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–25520 Filed 11–21–18; 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 met in
open session at 10:00 a.m. on Tuesday,
November 20, 2018, to consider the
following matters:
Summary Agenda
Disposition of minutes of previous
Board of Directors’ Meetings.
Memorandum and resolution re:
Regulatory Capital Rule: Capital
Simplification for Qualifying
Community Banking Organizations.
Memorandum and resolution re:
Notice of Proposed Rulemaking to
Increase the Appraisal Threshold for
Residential Real Estate Transactions,
Implement the Residential Rural
Exemption, and Require Appropriate
Appraisal Review.
Memorandum and resolution re: Final
Rule on Transferred OTS Regulations
Regarding Fiduciary Powers of State
Savings Associations and Consent
Requirements for the Exercise of Trust
Powers.
Memorandum and resolution re: Final
Rule to Revise the FDIC’s Regulations
Concerning Inflation-Adjusted
Maximum Civil Money Penalty
Amounts.
Report of actions taken pursuant to
authority delegated by the Board of
Directors.
Discussion Agenda
Memorandum and resolution re:
Notice of Proposed Rulemaking on
Proposed Changes to Applicability
Thresholds for Regulatory Capital
Requirements and Liquidity
Requirements.
In calling the meeting, the Board
determined, on motion of Director
Martin J. Gruenberg, seconded by
Director Mick Mulvaney (Acting
Director, Consumer Financial Protection
Bureau), concurred in by Director
Joseph Otting (Comptroller of the
Currency), and Chairman Jelena
McWilliams, that Corporation business
required its consideration of the matters
on less than seven days’ notice to the
public; and that no earlier notice of the
meeting than that previously provided
on November 14, 2018, was practicable.
The meeting was held in the Board
Room located on the sixth floor of the
FDIC Building located at 550 17th Street
NW, Washington, DC.
Dated: November 20, 2018
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–25697 Filed 11–20–18; 4:15 pm]
BILLING CODE P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0117; –0145; and –0152)
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
SUMMARY: 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
information collections described
below.
DATES: Comments must be submitted on
or before January 22, 2019.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal.
• 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), Counsel, MB–3007, 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.
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, Counsel, 202–898–3767,
mcabeza@fdic.gov, MB–3007, 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: Multi-to-Stock Conversion of
State Savings Banks.
OMB Number: 3064–0117.
Form Number: None.
Affected Public: Insured state savings
associations.
Burden Estimate:
VerDate Sep<11>2014 18:33 Nov 21, 2018 Jkt 247001 PO 00000 Frm 00030 Fmt 4703 Sfmt 4703 E:\FR\FM\23NON1.SGM 23NON1
amozie on DSK3GDR082PROD with NOTICES1
government securities broker or dealer
function of the bank.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours (from 17
hours to 13.25 hours) is the result of
economic fluctuation. In particular, the
number of respondents has decreased
from 17 to 8 while the hours per
response and frequency of responses
have remained the same.
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, on November 19,
2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–25520 Filed 11–21–18; 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 met in
open session at 10:00 a.m. on Tuesday,
November 20, 2018, to consider the
following matters:
Summary Agenda
Disposition of minutes of previous
Board of Directors’ Meetings.
Memorandum and resolution re:
Regulatory Capital Rule: Capital
Simplification for Qualifying
Community Banking Organizations.
Memorandum and resolution re:
Notice of Proposed Rulemaking to
Increase the Appraisal Threshold for
Residential Real Estate Transactions,
Implement the Residential Rural
Exemption, and Require Appropriate
Appraisal Review.
Memorandum and resolution re: Final
Rule on Transferred OTS Regulations
Regarding Fiduciary Powers of State
Savings Associations and Consent
Requirements for the Exercise of Trust
Powers.
Memorandum and resolution re: Final
Rule to Revise the FDIC’s Regulations
Concerning Inflation-Adjusted
Maximum Civil Money Penalty
Amounts.
Report of actions taken pursuant to
authority delegated by the Board of
Directors.
Discussion Agenda
Memorandum and resolution re:
Notice of Proposed Rulemaking on
Proposed Changes to Applicability
Thresholds for Regulatory Capital
Requirements and Liquidity
Requirements.
In calling the meeting, the Board
determined, on motion of Director
Martin J. Gruenberg, seconded by
Director Mick Mulvaney (Acting
Director, Consumer Financial Protection
Bureau), concurred in by Director
Joseph Otting (Comptroller of the
Currency), and Chairman Jelena
McWilliams, that Corporation business
required its consideration of the matters
on less than seven days’ notice to the
public; and that no earlier notice of the
meeting than that previously provided
on November 14, 2018, was practicable.
The meeting was held in the Board
Room located on the sixth floor of the
FDIC Building located at 550 17th Street
NW, Washington, DC.
Dated: November 20, 2018
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–25697 Filed 11–20–18; 4:15 pm]
BILLING CODE P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0117; –0145; and –0152)
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
SUMMARY: 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
information collections described
below.
DATES: Comments must be submitted on
or before January 22, 2019.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal.
• 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), Counsel, MB–3007, 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.
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, Counsel, 202–898–3767,
mcabeza@fdic.gov, MB–3007, 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: Multi-to-Stock Conversion of
State Savings Banks.
OMB Number: 3064–0117.
Form Number: None.
Affected Public: Insured state savings
associations.
Burden Estimate:
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amozie on DSK3GDR082PROD with NOTICES1
59384 Federal Register / Vol. 83, No. 226 / Friday, November 23, 2018 / Notices
SUMMARY OF ANNUAL BURDEN
Type of burden Obligation to
respond
Estimated
number of
respondents
Estimated
frequency of
responses
Estimated
time per
response
(hours)
Frequency of
response
Total annual
estimated
burden
(hours)
Multi-to-Stock Conversion of State Sav-
ings Bank.
Reporting ............... Mandatory ............. 5 1 250 hours On Occasion ......... 1,250.
Total Hourly Burden ....................... ................................ ................................ .................... .................... .................... ................................ 1,250 hours.
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 mutual-
to-stock conversion.
There is no change in the method or
substance of the collection. The overall
reduction 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: Notice Regarding
Unauthorized Access to Customer
Information.
OMB Number: 3064–0145.
Form Number: None.
Affected Public: Insured state
nonmember banks.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Type of burden Estimated
number of
respondents
Estimated time
per response
(hours) Frequency of response
Total
estimated
annual burden
hours
Implementation (One Time):
Develop Policies and
Procedures for Re-
sponse Program.
Recordkeeping ...................... 2 24 1 ............................................ 48
Ongoing:
Notice Regarding Unau-
thorized Access to
Customer Information.
Third Party Disclosure .......... 315 36 hours On Occasion ......................... 11,340
Total Estimated An-
nual Burden.
............................................... ........................ ........................ ............................................... 11,388
General Description of Collection:
The Interagency Guidance on
Response Programs for Unauthorized
Access to Customer Information and
Customer Notice describes the federal
banking agencies’ expectations
regarding a response program, including
customer notification procedures, that a
financial institution should develop and
apply under the circumstances
described in the Guidance to address
unauthorized access to or use of
customer information that could result
in substantial harm or inconvenience to
a customer. The Guidance advises
financial institutions when and how
they might: (1) Develop notices to
customers; (2) in certain circumstances
defined in the Guidance, determine
which customers should receive the
notices and (3) send the notices to
customers.
There is no change in the method or
substance of the information collection.
With respect to the third party
disclosure requirements associated with
providing notices regarding
unauthorized access to customer
information, the FDIC revised its
estimate of the response time from 29
hours per response to 36 hours per
response. The agency also revised its
estimate of the number of annual
respondents from 80 to 315 to reflect
current industry trend data.
3. Title: Identity Theft Red Flags.
OMB Number: 3064–0152.
Form Number: None.
Affected Public: Insured state
nonmember banks.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Type of burden Obligation to
respond
Estimated
number of
respondents
Estimated
frequency of
responses
Estimated
time
per
response
(hours)
Frequency of
response
Total annual
estimated
burden
(hours)
FACT Act Sections 114 and 315—Es-
tablish policies and Procedures.
Recordkeeping ...... Mandatory ............. 3,575 1 16 On Occasion ......... 57,200
FACT Act Section 315—Establish poli-
cies and Procedures.
Third-Party Disclo-
sure.
Mandatory ............. 3,575 1 4 On Occasion ......... 14,300
Total Hourly Burden ....................... ................................ ................................ .................... .................... .................... ................................ 71, 500
VerDate Sep<11>2014 18:33 Nov 21, 2018 Jkt 247001 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 E:\FR\FM\23NON1.SGM 23NON1
amozie on DSK3GDR082PROD with NOTICES1
SUMMARY OF ANNUAL BURDEN
Type of burden Obligation to
respond
Estimated
number of
respondents
Estimated
frequency of
responses
Estimated
time per
response
(hours)
Frequency of
response
Total annual
estimated
burden
(hours)
Multi-to-Stock Conversion of State Sav-
ings Bank.
Reporting ............... Mandatory ............. 5 1 250 hours On Occasion ......... 1,250.
Total Hourly Burden ....................... ................................ ................................ .................... .................... .................... ................................ 1,250 hours.
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 mutual-
to-stock conversion.
There is no change in the method or
substance of the collection. The overall
reduction 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: Notice Regarding
Unauthorized Access to Customer
Information.
OMB Number: 3064–0145.
Form Number: None.
Affected Public: Insured state
nonmember banks.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Type of burden Estimated
number of
respondents
Estimated time
per response
(hours) Frequency of response
Total
estimated
annual burden
hours
Implementation (One Time):
Develop Policies and
Procedures for Re-
sponse Program.
Recordkeeping ...................... 2 24 1 ............................................ 48
Ongoing:
Notice Regarding Unau-
thorized Access to
Customer Information.
Third Party Disclosure .......... 315 36 hours On Occasion ......................... 11,340
Total Estimated An-
nual Burden.
............................................... ........................ ........................ ............................................... 11,388
General Description of Collection:
The Interagency Guidance on
Response Programs for Unauthorized
Access to Customer Information and
Customer Notice describes the federal
banking agencies’ expectations
regarding a response program, including
customer notification procedures, that a
financial institution should develop and
apply under the circumstances
described in the Guidance to address
unauthorized access to or use of
customer information that could result
in substantial harm or inconvenience to
a customer. The Guidance advises
financial institutions when and how
they might: (1) Develop notices to
customers; (2) in certain circumstances
defined in the Guidance, determine
which customers should receive the
notices and (3) send the notices to
customers.
There is no change in the method or
substance of the information collection.
With respect to the third party
disclosure requirements associated with
providing notices regarding
unauthorized access to customer
information, the FDIC revised its
estimate of the response time from 29
hours per response to 36 hours per
response. The agency also revised its
estimate of the number of annual
respondents from 80 to 315 to reflect
current industry trend data.
3. Title: Identity Theft Red Flags.
OMB Number: 3064–0152.
Form Number: None.
Affected Public: Insured state
nonmember banks.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Type of burden Obligation to
respond
Estimated
number of
respondents
Estimated
frequency of
responses
Estimated
time
per
response
(hours)
Frequency of
response
Total annual
estimated
burden
(hours)
FACT Act Sections 114 and 315—Es-
tablish policies and Procedures.
Recordkeeping ...... Mandatory ............. 3,575 1 16 On Occasion ......... 57,200
FACT Act Section 315—Establish poli-
cies and Procedures.
Third-Party Disclo-
sure.
Mandatory ............. 3,575 1 4 On Occasion ......... 14,300
Total Hourly Burden ....................... ................................ ................................ .................... .................... .................... ................................ 71, 500
VerDate Sep<11>2014 18:33 Nov 21, 2018 Jkt 247001 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 E:\FR\FM\23NON1.SGM 23NON1
amozie on DSK3GDR082PROD with NOTICES1