Agency Information Collection Activities: Information Collection Renewal; Comment Request; Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies and Diversity Self-Assessment Template for OCC-Regulated Entities
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.
Issuing agencies
Abstract
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). The OCC may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment on the renewal of its information collection titled "Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies and Diversity Self-Assessment Template for OCC-Regulated Entities."
Full Text
<html>
<head>
<title>Federal Register, Volume 87 Issue 173 (Thursday, September 8, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 173 (Thursday, September 8, 2022)]
[Notices]
[Pages 55082-55083]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-19374]
[[Page 55082]]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Comment Request; Joint Standards for Assessing the Diversity
Policies and Practices of Entities Regulated by the Agencies and
Diversity Self-Assessment Template for OCC-Regulated Entities
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites comment on a continuing information
collection, as required by the Paperwork Reduction Act of 1995 (PRA).
The OCC may not conduct or sponsor, and a respondent is not required to
respond to, an information collection unless it displays a currently
valid Office of Management and Budget (OMB) control number. The OCC is
soliciting comment on the renewal of its information collection titled
``Joint Standards for Assessing the Diversity Policies and Practices of
Entities Regulated by the Agencies and Diversity Self-Assessment
Template for OCC-Regulated Entities.''
DATES: Comments must be submitted on or before November 7, 2022.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible. You may submit comments by any of the following methods:
<bullet> Email: <a href="/cdn-cgi/l/email-protection#1b6b697a72757d745b747878356f697e7a68357c746d"><span class="__cf_email__" data-cfemail="245456454d4a424b644b47470a50564145570a434b52">[email protected]</span></a>.
<bullet> Mail: Chief Counsel's Office, Attention: Comment
Processing, Office of the Comptroller of the Currency, Attention: 1557-
0334, 400 7th Street SW, Suite 3E-218, Washington, DC 20219.
<bullet> Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
<bullet> Fax: (571) 465-4326.
Instructions: You must include ``OCC'' as the agency name and
``1557-0334'' in your comment. In general, the OCC will publish
comments on <a href="http://www.reginfo.gov">www.reginfo.gov</a> without change, including any business or
personal information provided, such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
Following the close of this notice's 60-day comment period, the OCC
will publish a second notice with a 30-day comment period. You may
review comments and other related materials that pertain to this
information collection beginning on the date of publication of the
second notice for this collection by the method set forth in the next
bullet.
<bullet> Viewing Comments Electronically: Go to <a href="http://www.reginfo.gov">www.reginfo.gov</a>.
Hover over the ``Information Collection Review'' drop down menu and
click on ``Information Collection Review.'' From the ``Currently under
Review'' drop-down menu, select ``Department of Treasury'' and then
click ``submit.'' This information collection can be located by
searching by OMB control number ``1557-0334'' or ``Joint Standards for
Assessing the Diversity Policies and Practices of Entities Regulated by
the Agencies and Diversity Self-Assessment Template for OCC-Regulated
Entities.'' Upon finding the appropriate information collection, click
on the related ``ICR Reference Number.'' On the next screen, select
``View Supporting Statement and Other Documents'' and then click on the
link to any comment listed at the bottom of the screen.
<bullet> For assistance in navigating <a href="http://www.reginfo.gov">www.reginfo.gov</a>, please
contact the Regulatory Information Service Center at (202) 482-7340.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(202) 649-5490, Chief Counsel's Office, Office of the Comptroller of
the Currency, 400 7th Street SW, Suite 3E-218, Washington, DC 20219. If
you are deaf, hard of hearing, or have a speech disability, please dial
7-1-1 to access telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal
agencies must obtain approval from OMB for each collection of
information that they conduct or sponsor. ``Collection of information''
is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency
requests or requirements that members of the public submit reports,
keep records, or provide information to a third party. Section
3506(c)(2)(A) of title 44 requires Federal agencies to provide a 60-day
notice in the Federal Register concerning each proposed collection of
information before submitting the collection to OMB for approval. To
comply with this requirement, the OCC is publishing notice of the
renewal of this collection of information.
Title: Joint Standards for Assessing the Diversity Policies and
Practices of Entities Regulated by the Agencies and Diversity Self-
Assessment Template for OCC-Regulated Entities.
OMB Control No.: 1557-0334.
Abstract: This information collection covers standards, pursuant to
which OCC-regulated entities voluntarily self-assess their diversity
policies and practices, and includes a template to assist with the
self-assessment. The template provided is a PDF fillable form, which
replaces the Excel spreadsheet template. The template (1) asks for
general information about a respondent; (2) includes questions and
solicits comments for certain standards about program successes and
challenges; (3) asks for a description of current practices for the
self-assessment standards; (4) seeks additional diversity data; and (5)
provides an opportunity for a respondent to provide other information
regarding or comment on the self-assessment of its diversity and
inclusion policies and practices. The OCC may use the information
submitted to monitor progress and trends in the financial services
industry regarding diversity and inclusion in employment and
contracting activities and to identify and highlight diversity and
inclusion policies and practices that have been successful. The OCC
will continue to reach out to the entities it regulates and other
interested parties to discuss diversity and inclusion in the financial
services industry and share leading practices. Finally, if an OCC-
regulated entity submits confidential commercial information that is
both customarily and actually treated as private by the entity, the
entity can designate the information as private, and the OCC will treat
the self-assessment information as private to the extent permitted by
law, including the Freedom of Information Act, 5 U.S.C. 552, et seq.
Type of Review: Regular.
Affected Public: Businesses or other for-profit.
Burden Estimates:
Estimated Number of Respondents: 82 (58 repeat respondents; 24 new
respondents) of 327 institutions with greater than 100 employees that
are requested to submit.
Frequency of Collection: Annual.
Average Annual Response Time Per Respondent: 8 hours for new
respondents and 4 hours for repeat respondents.
Estimated Total Annual Burden Hours: 424 hours.
Comments: The comments submitted in response to this notice will be
summarized and included in the OCC's request for OMB approval of this
[[Page 55083]]
information collection. All comments will become a matter of public
record. The OCC invites comments on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) Whether the OCC has accurately estimated the information
collection burden;
(c) How the OCC can enhance the quality, utility, and clarity of
the information to be collected;
(d) How the OCC can minimize the burden of the collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) The respondents' estimated capital or start-up costs, as well
as the costs of operating, maintaining, and purchasing services
necessary to provide the information being collected.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2022-19374 Filed 9-7-22; 8:45 am]
BILLING CODE 4810-33-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.