[Federal Register Volume 76, Number 35 (Tuesday, February 22, 2011)]
[Notices]
[Page 9870]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-3804]
[[Page 9870]]
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DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Financial Management Policies--Interest Rate Risk
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 April 25, 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
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 Scott Ciardi on (202)
906-6960, 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: Financial Management Policies--Interest Rate
Risk
OMB Number: 1550-0094
Form Number: N/A
Description: This information collection covers the recordkeeping
burden for maintaining data in accordance with OTS's regulation on
interest rate risk procedures, 12 CFR 563.176. The purpose of the
regulation is to ensure that institutions are appropriately managing
their exposure to interest rate risk. To comply with this reporting
requirement, institutions need to maintain sufficient records for
determining how their interest rate risk exposure is being internally
monitored and managed, and how their exposure compares with that of
other institutions.
Type of Review: Extension of a currently approved collection
Affected Public: Businesses or other for-profit
Estimated Number of Respondents: 727
Estimated Frequency of Response: Quarterly and annually
Estimated Total Burden: 29,080 hours
Dated: February 15, 2011.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift
Supervision.
[FR Doc. 2011-3804 Filed 2-18-11; 8:45 am]
BILLING CODE 6720-01-P