[Federal Register Volume 75, Number 46 (Wednesday, March 10, 2010)]
[Notices]
[Pages 11178-11179]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-5123]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice of information collections to be submitted to OMB for
review and approval under the Paperwork Reduction Act of 1995.
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SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 199 (44 U.S.C. chapter 35), the FDIC hereby gives notice that it
plans to submit to the Office of Management and Budget (OMB) a request
for OMB review and renewal of its ``Foreign Banks'' information
collection (OMB No. 3064-0114).
DATES: Comments must be submitted on or before April 9, 2010.
ADDRESSES: Interested parties are invited to submit written comments.
All comments should refer to the name of the collection. Comments may
be submitted by any of the following methods:
http://www.FDIC.gov/regulations/laws/federal/propose.html.
E-mail: [email protected].
Mail: Leneta G. Gregorie (202.898.3719), Counsel, Federal
Deposit Insurance Corporation, PA1730-3000, 550 17th Street, NW.,
Washington, DC 20429.
Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 550 17th Street Building (located on F
Street), on business days between 7 a.m. and 5 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the FDIC Desk Officer,
Office of Information and Regulatory Affairs, Office of Management and
Budget, New Executive Office Building, Room 10235, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: For further information about the
information collection discussed in this notice, please contact Leneta
G. Gregorie, by telephone at (202) 898-3719 or by mail at the address
identified above.
[[Page 11179]]
SUPPLEMENTARY INFORMATION: The FDIC is proposing to renew, without
change, the following information collection.
Title: Foreign Banks.
Estimated Number of Respondents and Burden Hours
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Hours per No. of
FDIC collection response respondents Times per year Burden hours
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Application to move a branch.................... 8 1 1 8
Application for consent to operate a noninsured 8 1 1 8
branch.........................................
Application to conduct activities............... 8 1 1 8
Recordkeeping................................... 120 10 1 1,200
Pledge of assets................................
Records..................................... 0.25 10 4 10
Reports..................................... 2 10 4 80
Total Burden............................ .............. .............. .............. 1,314
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General Description of Collection: The collection involves
information obtained in connection with applications for consent to
move an insured State-licensed branch of a foreign bank (12 CFR
303.184); applications to operate as a noninsured State-licensed branch
of a foreign bank (12 CFR 303.186); applications from an insured State-
licensed branch of a foreign bank to conduct activities which are not
permissible for a Federally-licensed branch (12 CFR 303.187); internal
recordkeeping requirements for such branches (12 CFR 347.209(e)(4));
and reporting and recordkeeping requirements relating to the pledge of
assets by such branches (12 CFR 347.209(e)(4) and (e)(6).
Current Action: The FDIC is proposing to renew the existing
information collection without change, with the exception of an
adjustment of -258 hours to reflect a slight decrease in the number of
respondents.
Request for Comment
Comments are invited on: (a) Whether this collections 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 estimate 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
information collection 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 this 3rd day of March, 2010.
Valerie J. Best,
Assistant Executive Secretary, Federal Deposit Insurance Corporation.
[FR Doc. 2010-5123 Filed 3-9-10; 8:45 am]
BILLING CODE 6714-01-P