[Federal Register Volume 76, Number 53 (Friday, March 18, 2011)]
[Notices]
[Pages 14971-14972]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-6307]
[[Page 14971]]
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: Background. On June 15, 1984, the Office of Management and
Budget (OMB) delegated to the Board of Governors of the Federal Reserve
System (Board) its approval authority under the Paperwork Reduction Act
(PRA), as per 5 CFR 1320.16, to approve of and assign OMB control
numbers to collection of information requests and requirements
conducted or sponsored by the Board under conditions set forth in 5 CFR
part 1320 Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the Paperwork Reduction Act
Submission, supporting statements and approved collection of
information instruments are placed into OMB's public docket files. The
Federal Reserve may not conduct or sponsor, and the respondent is not
required to respond to, an information collection that has been
extended, revised, or implemented on or after October 1, 1995, unless
it displays a currently valid OMB control number.
Request for Comment on Information Collection Proposal
The following information collection, which is being handled under
this delegated authority, has received initial Board approval and is
hereby published for comment. At the end of the comment period, the
proposed information collection, along with an analysis of comments and
recommendations received, will be submitted to the Board for final
approval under OMB delegated authority. Comments are invited on the
following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Federal Reserve's functions; including
whether the information has practical utility;
b. The accuracy of the Federal Reserve's estimate of the burden of
the proposed 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 information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before May 17, 2011.
ADDRESSES: You may submit comments, identified by FR 4100, by any of
the following methods:
Agency Web Site: http://www.federalreserve.gov. Follow the
instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
E-mail: [email protected]. Include docket
number in the subject line of the message.
FAX: 202/452-3819 or 202/452-3102.
Mail: Jennifer J. Johnson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue,
NW., Washington, DC 20551.
All public comments are available from the Board's Web site at
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as
submitted, unless modified for technical reasons. Accordingly, your
comments will not be edited to remove any identifying or contact
information. Public comments may also be viewed electronically or in
paper form in Room MP-500 of the Board's Martin Building (20th and C
Streets, NW.) between 9 a.m. and 5 p.m. on weekdays.
Additionally, commenters should send a copy of their comments to
the OMB Desk Officer by mail to the Office of Information and
Regulatory Affairs, U.S. Office of Management and Budget, New Executive
Office Building, Room 10235, 725 17th Street, NW., Washington, DC 20503
or by fax to 202-395-6974.
FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission,
including the proposed reporting form and instructions, supporting
statement, and other documentation will be placed into OMB's public
docket files, once approved. These documents will also be made
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/boarddocs/reportforms/review.cfm or may be
requested from the agency clearance officer, whose name appears below.
Cynthia Ayouch, Acting Federal Reserve Board Clearance Officer
(202-452-3829), Division of Research and Statistics, Board of Governors
of the Federal Reserve System, Washington, DC 20551. Telecommunications
Device for the Deaf (TDD) users may contact (202-263-4869), Board of
Governors of the Federal Reserve System, Washington, DC 20551.
Proposal to approve under OMB delegated authority the extension for
three years, without revision, of the following report:
Report title: The Recordkeeping and Disclosure Requirements
Associated with the Guidance on Response Programs for Unauthorized
Access to Customer Information.
Agency form number: FR 4100.
OMB control number: 7100-0309.
Frequency: Develop customer notice, one-time; Incident
notification, event-generated.
Reporters: Financial institutions.
Estimated annual reporting hours: Develop response program, 2,544
hours; Incident notification, 2,952 hours.
Estimated average hours per response: Develop response program, 24
hours; Incident notification, 36 hours.
Number of respondents: Develop response program, 106; Incident
notification, 82.
General description of report: This information collection is
mandatory (15 U.S.C. 6801(b)). Since the Federal Reserve does not
collect information associated with the FR 4100, confidentiality would
not generally be an issue. However, confidentiality issues may arise if
the Federal Reserve were to obtain a copy of a customer notice during
the course of an examination or were to receive a copy of a Suspicious
Activity Report (SAR; FR 2230; OMB No. 7100-0212). In such cases the
information would be exempt from disclosure to the public under the
Freedom of Information Act (5 U.S.C. 552(b)(3), (4), and (8)). Also, a
federal employee is prohibited by law from disclosing an SAR or the
existence of an SAR (31 U.S.C. 5318(g)).
Abstract: The FR 4100 is the information collection associated with
the Interagency Guidance on Response Programs for Unauthorized Access
to Customer Information and Customer Notice (security guidelines),
which was published in the Federal Register in March 2005 (70 FR
15736). Trends in customer information theft and the accompanying
misuse of that information led to the issuance of these security
guidelines applicable to financial institutions. The security
guidelines are designed to facilitate timely and relevant notification
to affected customers and the appropriate regulatory authority of the
financial institutions. The security guidelines provide specific
direction regarding the
[[Page 14972]]
development of response programs and customer notifications.
Board of Governors of the Federal Reserve System, March 14,
2011.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 2011-6307 Filed 3-17-11; 8:45 am]
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