[Federal Register Volume 75, Number 237 (Friday, December 10, 2010)] [Notices] [Pages 77047-77048] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2010-31044] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Office of Thrift Supervision Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities AGENCY: Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. ----------------------------------------------------------------------- SUMMARY: The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3705. OTS is soliciting public comments on the proposal. DATES: Submit written comments on or before January 10, 2011. A copy of this ICR, with applicable supporting documentation, can be obtained from RegInfo.gov at http://www.reginfo.gov/public/do/PRAMain. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to OMB and OTS at these addresses: Office of Information and Regulatory Affairs, Attention: Desk Officer for OTS, U.S. Office of Management and Budget, 725 17th Street, NW., Room 10235, Washington, DC 20503, or by fax to (202) 393-6974; and Information Collection Comments, Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, by fax to (202) 906-6518, or by e-mail to [email protected]. OTS will post comments and the related index on the OTS Internet Site at http://www.ots.treas.gov. In addition, interested persons may inspect [[Page 77048]] comments at the Public Reading Room, 1700 G Street, NW., Washington, DC 20552 by appointment. To make an appointment, call (202) 906-5922, send an e-mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to (202) 906-7755. FOR FURTHER INFORMATION CONTACT: For further information or to obtain a copy of the submission to OMB, please contact Ira L. Mills at, [email protected], or call (202) 906-6531, or facsimile number (202) 906-6518, Regulations and Legislation Division, Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection. Title of Proposal: Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities. OMB Number: 1550-0111. Form Number: N/A. Description: Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities describes the types of internal controls and risk management procedures that the OTS believes are particularly effective in assisting financial institutions to identify and address the reputational, legal, and other risks associated with complex structured finance activities. Type of Review: Extension of a currently approved collection. Affected Public: Business or other for-profit. Estimated Number of Respondents: 1. Estimated Frequency of Response: On occasion. Estimated Total Burden: 25 hours. Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. Dated: December 6, 2010. Ira L. Mills, Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift Supervision. [FR Doc. 2010-31044 Filed 12-9-10; 8:45 am] BILLING CODE 6720-01-P