Notice2022-09712
Agency Information Collection Activities: Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 6, 2022
Issuing agencies
Consumer Financial Protection Bureau
Abstract
In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau or CFPB) is requesting to establish the Office of Management and Budget's (OMB's) approval for an existing information collection, titled "Section 1022 Monitoring Collections."
Full Text
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<title>Federal Register, Volume 87 Issue 88 (Friday, May 6, 2022)</title>
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[Federal Register Volume 87, Number 88 (Friday, May 6, 2022)]
[Notices]
[Pages 27135-27136]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-09712]
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BUREAU OF CONSUMER FINANCIAL PROTECTION
[Docket No. CFPB-2022-0026]
Agency Information Collection Activities: Comment Request
AGENCY: Bureau of Consumer Financial Protection.
ACTION: Notice and request for comment.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Consumer Financial Protection Bureau (Bureau or CFPB) is requesting
to establish the Office of Management and Budget's (OMB's) approval for
an existing information collection, titled ``Section 1022 Monitoring
Collections.''
DATES: Written comments are encouraged and must be received on or
before July 5, 2022 to be assured of consideration.
ADDRESSES: You may submit comments, identified by the title of the
information collection, OMB Control Number (see below), and docket
number (see above), by any of the following methods:
<bullet> Federal eRulemaking Portal: <a href="http://www.regulations.gov">http://www.regulations.gov</a>.
Follow the instructions for submitting comments.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#4a1a180b15092527272f243e390a292c3a28642d253c"><span class="__cf_email__" data-cfemail="08585a49574b6765656d667c7b486b6e786a266f677e">[email protected]</span></a>. Include Docket No. CFPB-
2022-0026 in the subject line of the email.
<bullet> Mail/Hand Delivery/Courier: Comment Intake, Consumer
Financial Protection Bureau (Attention: PRA Office), 1700 G Street NW,
Washington, DC 20552. Please note that due to circumstances associated
with the COVID-19 pandemic, the Bureau discourages the submission of
comments by mail, hand delivery, or courier. Please note that comments
submitted after the comment period will not be accepted. In general,
all comments received will become public records, including any
personal information provided. Sensitive personal information, such as
account numbers or Social Security numbers, should not be included.
FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of
this information collection request is available at
<a href="http://www.regulations.gov">www.regulations.gov</a>. Requests for additional information should be
directed to Anthony May, PRA Officer, at (202) 435-7278, or email:
<a href="/cdn-cgi/l/email-protection#c0838690829f90928180a3a6b0a2eea7afb6"><span class="__cf_email__" data-cfemail="480b0e180a17181a09082b2e382a662f273e">[email protected]</span></a>. If you require this document in an alternative
electronic format, please contact <a href="/cdn-cgi/l/email-protection#7b383d2b39243a18181e080812191217120f023b181d0b19551c140d"><span class="__cf_email__" data-cfemail="55161305170a1436363026263c373c393c212c15363325377b323a23">[email protected]</span></a>. Please
do not submit comments to these email boxes.
SUPPLEMENTARY INFORMATION:
Title of Collection: Section 1022 Monitoring Collections.
[[Page 27136]]
OMB Control Number: 3170-00XX.
Type of Review: New information collection.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 50,000.
Estimated Total Annual Burden Hours: 10,000.
Abstract: Public Law 111-203, section 1022(c)(4)(B)(ii) authorizes
the Director of the Bureau to ``require covered persons and service
providers participating in consumer financial services markets to file
with the Bureau, under oath or otherwise, in such form and within such
reasonable period of time as the Bureau may prescribe by rule or order,
annual or special reports, or answers in writing to specific questions,
furnishing information described in paragraph (4), as necessary for the
Bureau to fulfill the monitoring, assessment, and reporting
responsibilities imposed by Congress.'' Further, section 1022(c)(5)
authorizes the Director ``in order to assess whether a non-depository
is a covered person, as defined in section 5481 of this title, the
Bureau may require such non-depository to file with the Bureau, under
oath or otherwise, in such form and within such reasonable period of
time as the Bureau may prescribe by rule or order, annual or special
reports, or answers in writing to specific questions.''
Potential questions and other required types of information which
persons could be required to provide will be approved for use under
this information collection. Individual questions contained in this
information collection may or may not be used at the Director's
discretion.
Request for Comments: Comments are invited on: (a) Whether the
collection of information is necessary for the proper performance of
the functions of the Bureau, including whether the information will
have practical utility; (b) The accuracy of the Bureau's estimate of
the burden of the collection of information, including the validity of
the methods and the 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 collection of information on respondents,
including through the use of automated collection techniques or other
forms of information technology. Comments submitted in response to this
notice will be summarized and/or included in the request for OMB
approval. All comments will become a matter of public record.
Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2022-09712 Filed 5-5-22; 8:45 am]
BILLING CODE 4810-AM-P
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</html>Indexed from Federal Register on May 6, 2022.
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