Notice2024-16541
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
July 29, 2024
Effective
September 1, 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, with revision, the Senior Financial Officer Surveys (FR 2023; OMB No. 7100-0223).
Full Text
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<title>Federal Register, Volume 89 Issue 145 (Monday, July 29, 2024)</title>
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[Federal Register Volume 89, Number 145 (Monday, July 29, 2024)]
[Notices]
[Page 60893]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-16541]
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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, with revision, the
Senior Financial Officer Surveys (FR 2023; OMB No. 7100-0223).
DATES: The revisions are effective September 1, 2024.
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#bfd1cad7de91dad3d2ded8d7cddeddd6ffd9cddd91d8d0c9"><span class="__cf_email__" data-cfemail="7d1308151c531811101c1a150f1c1f143d1b0f1f531a120b">[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. On the page displayed at the link above, you can find the
supporting information by referencing the collection identifier, FR
2023.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, With Revision, of the Following Information Collection
Collection title: Senior Financial Officer Surveys.
Collection identifier: FR 2023.
OMB control number: 7100-0223.
General description of collection: The Board uses the surveys in
this collection to gather qualitative and limited quantitative
information about liability management, the provision of financial
services, and the functioning of key financial markets from a selection
of up to 80 large commercial banks and other depository institutions
(or, if appropriate, from other major financial market participants).
This voluntary survey is completed by a senior officer at each
respondent institution. In recent years, the Board has conducted two
surveys per year, but it may conduct up to four surveys per year when
significant informational needs arise that cannot be met from existing
data sources.
Frequency: Up to four times a year.
Respondents: Domestic depository institutions and foreign banking
organizations.
Total estimated number of respondents: 100.
Total estimated change in burden: 240.
Total estimated annual burden hours: 1,200.
Current actions: On March 7, 2024, the Board published a notice in
the Federal Register (89 FR 16568) requesting public comment for 60
days on the extension, with revision, of the FR 2023. The Board
proposed revising the FR 2023 to increase the respondent panel size
from 80 to 100 and change the method of collection from email to an
online survey tool. The comment period for this notice expired on May
6, 2024. The Board did not receive any comments. The revisions will be
implemented as proposed.
Board of Governors of the Federal Reserve System, July 23, 2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-16541 Filed 7-26-24; 8:45 am]
BILLING CODE 6210-01-P
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