[Federal Register: July 31, 2007 (Volume 72, Number 146)]
[Notices]               
[Page 41818]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr31jy07-141]                         

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

 
Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to comment on the renewal of an information collection, as 
required by the Paperwork Reduction Act of 1995. 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 Office of 
Management and Budget (OMB) control number. The OCC is soliciting 
comment concerning an information collection titled, ``Interagency 
Statement on Complex Structured Finance Transactions.'' The OCC also 
gives notice that it has sent the information collection to OMB for 
review and approval.

DATES: Comments must be submitted on or before August 30, 2007.

ADDRESSES: Communications Division, Office of the Comptroller of the 
Currency, Public Information Room, Mailstop 1-5, Attention: 1557-0229, 
250 E Street, SW., Washington, DC 20219. In addition, comments may be 
sent by fax to (202) 874-4448, or by electronic mail to 
regs.comments@occ.treas.gov. You may personally inspect and photocopy 

comments at the OCC's Public Information Room, 250 E Street, SW., 
Washington, DC. For security reasons, the OCC requires that visitors 
make an appointment to inspect comments. You may do so by calling (202) 
874-5043. Upon arrival, visitors will be required to present valid 
government-issued photo identification and submit to security screening 
in order to inspect and photocopy comments.
    Additionally, you should send a copy of your comments to OCC Desk 
Officer, 1557-0229, by mail to U.S. Office of Management and Budget, 
725 17th Street, NW., 10235, Washington, DC 20503, or by fax 
to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: You may request additional information 
or a copy of the collection and supporting documentation submitted to 
OMB by contacting: Mary Gottlieb, (202) 874-5090, Legislative and 
Regulatory Activities Division, Office of the Comptroller of the 
Currency, 250 E Street, SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION:
    Title: Interagency Statement on Complex Structured Finance 
Transactions.
    OMB Control No.: 1557-0229.
    Type of Review: Regular review.
    Description: The statement describes the types of internal controls 
and risk management procedures that the agencies (OCC, Board of 
Governors of the Federal Reserve System, Federal Deposit Insurance 
Corporation, Office of Thrift Supervision, and the Securities and 
Exchange Commission) believe are particularly effective in assisting 
financial institutions to identify and address the reputational, legal, 
and other risks associated with complex structured finance 
transactions.
    Affected Public: Businesses or other for-profit.
    Burden Estimates:
    Estimated Number of Respondents: 21.
    Estimated Number of Responses: 21.
    Estimated Annual Burden: 525 hours.
    Frequency of Response: On occasion.
    Comments: The OCC issued a 60-day Federal Register notice on May 
21, 2007. 72 FR 28553. Comments continue to be invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has practical utility;
    (b) The accuracy of the agency's estimate of the burden of the 
collection of information;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: July 26, 2007.
Stuart Feldstein,
Assistant Director, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.
[FR Doc. 07-3733 Filed 7-30-07; 8:45 am]

BILLING CODE 4810-33-P