Notice2022-23116
Information Collection Activities: Information Collection Renewal; Submission for OMB Review; General Reporting and Recordkeeping Requirements by Savings Associations
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
October 25, 2022
Issuing agencies
Treasury DepartmentComptroller of the Currency
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). An agency 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 concerning renewal of its information collection titled "General Reporting and Recordkeeping Requirements by Savings Associations." The OCC also is giving notice that it has sent the collection to OMB for review.
Full Text
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<title>Federal Register, Volume 87 Issue 205 (Tuesday, October 25, 2022)</title>
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[Federal Register Volume 87, Number 205 (Tuesday, October 25, 2022)]
[Notices]
[Pages 64540-64541]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-23116]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; General Reporting and Recordkeeping
Requirements by Savings Associations
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
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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). An
agency 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 concerning renewal of its information collection
titled ``General Reporting and Recordkeeping Requirements by Savings
Associations.'' The OCC also is giving notice that it has sent the
collection to OMB for review.
DATES: Comments must be submitted on or before November 25, 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#e29290838b8c848da28d8181cc9690878391cc858d94"><span class="__cf_email__" data-cfemail="afdfddcec6c1c9c0efc0cccc81dbddcacedc81c8c0d9">[email protected]</span></a>.
<bullet> Mail: Chief Counsel's Office, Attention: Comment
Processing, 1557-0266, Office of the Comptroller of the Currency, 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) 293-4835.
Instructions: You must include ``OCC'' as the agency name and
``1557-0266'' 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.
Written comments and recommendations for the proposed information
collection should also be sent within 30 days of publication of this
notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. You can find this
particular information collection by selecting ``Currently under 30-day
Review--Open for Public Comments'' or by using the search function.
On April 21, 2022, the OCC published a 60-day notice for this
information collection, 87 FR 23916. You may review comments and other
related materials that pertain to this information collection following
the close of the 30-day comment period for this notice 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'' tab and click on
``Information Collection
[[Page 64541]]
Review'' from the drop-down menu. 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 ``1557-0266'' or ``General Reporting and
Recordkeeping Requirements by Savings Associations.'' 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, OCC Clearance
Officer, (202) 649-5490, Chief Counsel's Office, Office of the
Comptroller of the Currency, 400 7th Street SW, 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 et seq.),
Federal agencies must obtain approval from the 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 disclose information to a third party.
The OCC asks that OMB extend its approval of the collection in this
notice.
Title: General Reporting and Recordkeeping Requirements by Savings
Associations.
OMB Control No.: 1557-0266.
Type of Review: Regular review.
Abstract: Federal savings associations must comply with the
following regulations, which require them to establish prudent internal
controls, so that examiners will have an accurate picture of the
savings assocations' performance and condition:
<bullet> 12 CFR 144.8 (communications between members of a Federal
mutual savings association);
<bullet> 12 CFR 163.47(e) (pension plans--records); and
<bullet> 12 CFR 163.76(c) (offers and sales of securities at an
office of a Federal savings association--form of certification).
Federal savings associations use the required reports and records
for internal management control purposes, and examiners use them to
determine whether savings associations are being operated safely,
soundly, and in compliance with regulations. Without these reporting
and recordkeeping requirements, it would be difficult for Federal
savings associations to establish prudent internal controls and would
limit the ability of examiners to determine the accurate performance
and condition of Federal savings associations.
Affected Public: Businesses or other for-profit.
Burden Estimates:
Estimated Number of Respondents: 266.
Estimated Total Burden: 26,833 hours.
Frequency of Response: On occasion.
Comments: On April 21, 2022, the OCC published a 60-day notice for
this information collection, 87 FR 23916. No comments were received.
Comments continue to be invited on:
(a) Whether the collections of information are necessary for the
proper performance of the OCC's functions, including whether the
information has practical utility;
(b) The accuracy of the OCC's 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;
(d) Ways to minimize the burden of information collections on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Patrick T. Tierney,
Assistant Director, Bank Advisory, Office of the Comptroller of the
Currency.
[FR Doc. 2022-23116 Filed 10-24-22; 8:45 am]
BILLING CODE 4810-33-P
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