Notice2024-03215
Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB
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
February 16, 2024
Issuing agencies
Federal Reserve System
Abstract
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Reporting, Recordkeeping, and Disclosure Requirements Associated with Rules Regarding Availability of Information (FR 4035 collection identifier; OMB No. 7100-0381).
Full Text
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<title>Federal Register, Volume 89 Issue 33 (Friday, February 16, 2024)</title>
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[Federal Register Volume 89, Number 33 (Friday, February 16, 2024)]
[Notices]
[Page 12341]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-03215]
[[Page 12341]]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
is adopting a proposal to extend for three years, without revision, the
Reporting, Recordkeeping, and Disclosure Requirements Associated with
Rules Regarding Availability of Information (FR 4035 collection
identifier; OMB No. 7100-0381).
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of
the Chief Data Officer, Board of Governors of the Federal Reserve
System, <a href="/cdn-cgi/l/email-protection#1d7368757c337871707c7a756f7c7f745d7b6f7f337a726b"><span class="__cf_email__" data-cfemail="355b405d541b50595854525d4754575c755347571b525a43">[email protected]</span></a>, (202) 452-3884.
Office of Management and Budget (OMB) Desk Officer for the Federal
Reserve Board, Office of Information and Regulatory Affairs, 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.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board
authority under the Paperwork Reduction Act (PRA) to approve and assign
OMB control numbers to collections of information conducted or
sponsored by the Board. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. The OMB inventory, as well as copies of the
PRA Submission, supporting statements (which contain more detailed
information about the information collections and burden estimates than
this notice), and approved collection of information instrument(s) are
available at <a href="https://www.reginfo.gov/public/do/PRAMain">https://www.reginfo.gov/public/do/PRAMain</a>. These documents
are also available on the Federal Reserve Board's public website at
<a href="https://www.federalreserve.gov/apps/reportingforms/home/review">https://www.federalreserve.gov/apps/reportingforms/home/review</a> or may
be requested from the agency clearance officer, whose name appears
above.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, Without Revision, of the Following Information Collection
Collection title: Reporting, Recordkeeping, and Disclosure
Requirements Associated with Rules Regarding Availability of
Information.
Collection identifier: FR 4035.
OMB control number: 7100-0381.
General description of collection: The information collection
consists of reporting, recordkeeping, and disclosure requirements under
subpart C (Nonpublic Information Made Available to Supervised Financial
Institutions, Governmental Agencies, and Others in Certain
Circumstances) of the Rules Regarding Availability of Information (12
CFR part 261). Subpart C contains reporting requirements that enable
third parties to request the Board's authorization to access, use, or
further disclose confidential supervisory information or other
nonpublic information of the Board, and that ensure that the Board is
notified when any subpoena or other legally enforceable demand requires
production of confidential supervisory information or other nonpublic
information of the Board in the form of documents or testimony. Subpart
C also contains one recordkeeping requirement related to a provision
that allows supervised financial institutions to disclose confidential
supervisory information to service providers if the disclosure is
deemed necessary to the service provider's provision of services, and
two disclosure requirements that apply when individuals are served with
a subpoena, order, or other judicial or administrative process
requiring the production of confidential supervisory information or
other nonpublic information of the Board in the form of documents or
testimony.
Frequency: Event-generated.
Respondents: Supervised financial institutions; State, local, and
foreign agencies; entities exercising governmental authority; and any
person, entity, agency, or authority.
Total estimated number of respondents: 105.
Total estimated annual burden hours: 83.\1\
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\1\ More detailed information regarding this collection,
including more detailed burden estimates, can be found in the OMB
Supporting Statement posted at <a href="https://www.federalreserve.gov/apps/reportingforms/home/review">https://www.federalreserve.gov/apps/reportingforms/home/review</a>. On the page displayed at the link, you
can find the OMB Supporting Statement by referencing the collection
identifier, FR 4035.
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Current actions: On September 28, 2023, the Board published a
notice in the Federal Register (88 FR 66847) requesting public comment
for 60 days on the extension, without revision, of the FR 4035. The
comment period for this notice expired on November 27, 2023. The Board
did not receive any comments.
Board of Governors of the Federal Reserve System, February 12,
2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-03215 Filed 2-15-24; 8:45 am]
BILLING CODE 6210-01-P
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