Notice2022-18511
Agency Information Collection Activities: Proposed Collection Renewal; 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
August 29, 2022
Issuing agencies
Federal Deposit Insurance Corporation
Abstract
The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collection described below (OMB Control No. 3064-0211).
Full Text
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<title>Federal Register, Volume 87 Issue 166 (Monday, August 29, 2022)</title>
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[Federal Register Volume 87, Number 166 (Monday, August 29, 2022)]
[Notices]
[Pages 52776-52777]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-18511]
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FEDERAL DEPOSIT INSURANCE CORPORATION
[OMB No. 3064-0211]
Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the general public and other
Federal agencies to take this opportunity to comment on the renewal of
the existing information collection described below (OMB Control No.
3064-0211).
DATES: Comments must be submitted on or before October 28, 2022.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
<bullet> Agency Website: <a href="https://www.fdic.gov/resources/regulations/federal-register-publications/">https://www.fdic.gov/resources/regulations/federal-register-publications/</a>.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#ec8f8381818982989fac8a88858fc28b839a"><span class="__cf_email__" data-cfemail="dfbcb0b2b2bab1abac9fb9bbb6bcf1b8b0a9">[email protected]</span></a>. Include the name and number of
the collection in the subject line of the message.
<bullet> Mail: Manny Cabeza (202-898-3767), Regulatory Counsel, MB-
3128,
[[Page 52777]]
Federal Deposit Insurance Corporation, 550 17th Street NW, Washington,
DC 20429.
<bullet> Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street NW building (located on F Street
NW), on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Manny Cabeza, Regulatory Counsel, 202-
898-3767, <a href="/cdn-cgi/l/email-protection#c7aaa4a6a5a2bda687a1a3aea4e9a0a8b1"><span class="__cf_email__" data-cfemail="d1bcb2b0b3b4abb091b7b5b8b2ffb6bea7">[email protected]</span></a>, MB-3128, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
1. Title: Generic Clearance for Prize Competition Participation.
2. OMB Number: 3064-0211.
Affected Public: Innovators; technologists, coders, engineers and
developers; consumers of financial services; consumer advocates;
academics; members of trade groups and other associations; individuals
connected to financial institutions, community banks, and financial and
bank service and technology providers; software, data, and technology
firms; and other members of the public.
Burden Estimate:
Summary of Estimated Annual Burden
[OMB No. 3064-0211]
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Information collection Type of burden Number of Time per Annual
description (obligation to (frequency of Number of responses per response Burden
respond) response) respondents respondent (hours) (hours)
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Innovation Prize Competitions Reporting 1,500 1 20 30,000
(Voluntary). (Occasional).
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General Description of Collection:
The FDIC seeks to extend, without change, its generic clearance for
the collection of information requested from potential participants in
FDIC-sponsored or co-sponsored prize competitions of various types,
including point solution competitions (designed to spur the development
of solutions for a particular problem) and exposition (designed
competitions to identify and promote a broad range of ideas and
practices to facilitate further development by third parties). Prize
competitions and the opportunity to submit applications to participate
will be announced on the agency's publicly accessible government
website, as well as possibly through other forms of public
communication, such as publication in the Federal Register, issuance of
Financial Institution Letters, use of <a href="http://challenge.gov">challenge.gov</a> website maintained
by the U.S. General Services Administration, or social media
advertisement. In order for the FDIC to determine which applicants will
be eligible and selected to participate in FDIC prize competitions, the
FDIC will request that potential participants provide their name,
contact information, address, and such other information that may be
necessary to evaluate applicants' qualifications and ability to
participate in the event as well as to match the applicants'
anticipated role to the needs of the competition. Applicants will also
be asked to acknowledge the terms and conditions of participating in
the prize competition. Information will be collected during prize
competitions through the solutions to the challenges or problems
presented. This information collection will be voluntary. Collection in
the form of application will be conducted primarily online with
alternative methods made available. Collection during the events will
be in-person or electronic. The FDIC will consult with OMB regarding
each specific information collection during the approval period. The
FDIC estimates that over the three-year clearance period of this
request, up to five (5) competitions will be conducted across various
divisions of the agency, involving a variety of topics and challenges
associated with underserved communities and financial inclusion;
consumer protection; the FDIC's use of information technology and data
(including artificial intelligence and machine learning); and financial
and technologically-driven innovation in banking. The total hourly
burden attributed to this generic clearance will be approximately
30,000 hours (an estimated average of 6,000 hours per prize competition
x 5 competitions per year). There is no change in the method or
substance of the collection. The estimated annual burden remains the
same.
Request for Comment
Comments are invited on: (a) Whether the collections of information
are necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collections,
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 collections of
information 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.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on August 23, 2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-18511 Filed 8-26-22; 8:45 am]
BILLING CODE 6714-01-P
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