[Federal Register Volume 75, Number 246 (Thursday, December 23, 2010)]
[Notices]
[Page 80896]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-32175]
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DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Notice of Hiring or Indemnifying Senior Executive Officers or
Directors
AGENCY: Office of Thrift Supervision (OTS), Treasury.
ACTION: Notice and request for comment.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to comment on proposed and continuing
information collections, as required by the Paperwork Reduction Act of
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the
Department of the Treasury will submit the proposed information
collection requirement described below to the Office of Management and
Budget (OMB) for review, as required by the Paperwork Reduction Act.
Today, OTS is soliciting public comments on its proposal to extend this
information collection.
DATES: Submit written comments on or before February 22, 2011.
ADDRESSES: Send comments, referring to the collection by title of the
proposal or by OMB approval number, to Information Collection Comments,
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street,
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an 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
comments at the Public Reading Room, 1700 G Street, NW. 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: You can request additional information
about this proposed information collection from Donald W. Dwyer at
(202) 906-6414, 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.
Comments should address one or more of the following points:
a. Whether the proposed collection of information is necessary for
the proper performance of the functions of OTS;
b. The accuracy of OTS's estimate of the burden of the proposed
information collection;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of the information collection on
respondents, including through the use of information technology.
We will summarize the comments that we receive and include them in
the OTS request for OMB approval. All comments will become a matter of
public record. In this notice, OTS is soliciting comments concerning
the following information collection.
Title of Proposal: Notice of Hiring or Indemnifying Senior
Executive Officers or Directors.
OMB Number: 1550-0047.
Form Numbers: 1606; 1624.
Description: 12 U.S.C. 1831i requires OTS to make a determination
as to the hiring or appointment of senior executive officers or
directors at savings institutions or thrift holding companies. The
OTS's determination must be based upon an evaluation of the
individual's competence, experience, character, and integrity. The
information required by the collection is necessary to make this
determination. Without this information, the OTS cannot accomplish the
statutory requirement designed to protect the interests of the Deposit
Insurance Fund. The OTS has delegated the Regional Director, or his
designee, at each Regional Office the authority to approve or deny
these requests. They evaluate the individual's educational and
professional experience to determine competence in the proposed
position. An evaluation of the individual's proprietary interests
identifies conflicts of interest that may render such person unsuitable
for the position. Finally, information such as an individual's criminal
offenses, lawsuits, and related disclosures enable further evaluation
of the individual's integrity and character.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 120.
Estimated Frequency of Response: On occasion.
Estimated Total Burden: 280 hours.
Dated: December 17, 2010.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift
Supervision.
[FR Doc. 2010-32175 Filed 12-22-10; 8:45 am]
BILLING CODE 6720-01-P