Notice2025-01424
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
January 22, 2025
Issuing agencies
Federal Deposit Insurance Corporation
Abstract
The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the request to renew the existing information collections described below (OMB Control No. 3064-0025; -0200 and -0214). The notices of proposed renewal for these information collections were previously published in the Federal Register on November 5, 2024, allowing for a 60-day comment period.
Full Text
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<title>Federal Register, Volume 90 Issue 13 (Wednesday, January 22, 2025)</title>
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[Federal Register Volume 90, Number 13 (Wednesday, January 22, 2025)]
[Notices]
[Pages 7694-7696]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-01424]
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FEDERAL DEPOSIT INSURANCE CORPORATION
[OMB No. 3064-0025; -0200; -0214]
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, invites the general public and other Federal
agencies to take this opportunity to comment on the request to renew
the existing information collections described below (OMB Control No.
3064-0025; -0200 and -0214). The notices of proposed renewal for these
information collections were previously published in the Federal
Register on November 5, 2024, allowing for a 60-day comment period.
DATES: Comments must be submitted on or before February 21, 2025.
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#bfdcd0d2d2dad1cbccffd9dbd6dc91d8d0c9"><span class="__cf_email__" data-cfemail="4e2d2123232b203a3d0e282a272d60292138">[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, 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 a.m. and 5 p.m.
Written comments and recommendations for the proposed information
collection should 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>. Find this particular information
collection by selecting ``Currently under 30-day Review--Open for
Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Manny Cabeza, Regulatory Counsel, 202-
898-3767, <a href="/cdn-cgi/l/email-protection#dcb1bfbdbeb9a6bd9cbab8b5bff2bbb3aa"><span class="__cf_email__" data-cfemail="422f2123202738230224262b216c252d34">[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: Application for Consent to Exercise Trust Powers.
OMB Number: 3064-0025.
Form Number: 6200/09.
Affected Public: Insured State nonmember banks wishing to exercise
trust powers.
Burden Estimate:
Summary of Estimated Annual Burden (OMB No. 3064-0025)
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Type of burden Number of Average time
Information collection (IC) (frequency of Number of responses per per response Annual burden
(obligation to respond) response) respondents respondent (HH:MM) (hours)
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1. Application for Consent to Reporting (On 3 1 08:00 24
Exercise Trust Powers-- Occasion).
Eligible Depository
Institutions 12 CFR 303.242
(Mandatory).
[[Page 7695]]
2. Application for Consent to Reporting (On 1 1 24:00 24
Exercise Trust Powers--Not- Occasion).
Eligible Depository
Institutions, 12 CFR 303.242
(Mandatory).
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Total Annual Burden ................ .............. .............. .............. 48
(Hours).
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Source: FDIC.
General Description of Collection: FDIC regulations (12 CFR 333.2)
prohibit any insured State nonmember bank from changing the general
character of its business without the prior written consent of the
FDIC. The exercise of trust powers by a bank is usually considered a
change in the general character of a bank's business if the bank did
not exercise those powers previously. Therefore, unless a bank is
currently exercising trust powers, it must file a formal application to
obtain the FDIC's written consent to exercise trust powers. State
banking authorities, not the FDIC, grant trust powers to their banks.
The FDIC merely consents to the exercise of such powers. Applicants use
form FDIC 6200/09 to obtain the FDIC's consent. There is no change in
the methodology or substance of this information collection. The
decrease in total estimated annual burden from 72 hours in 2022 to 48
hours currently is due to a decrease in the number of applications for
expedited processing from eligible depository institutions.
2. Title: Joint Standards for Assessing Diversity Policies and
Practices.
OMB Number: 3064-0200.
Form Number: 2710/05--Diversity Self-Assessment (paper form), 2710/
06--Diversity Self-Assessment (electronic form).
Affected Public: Insured state nonmember banks, and insured state
savings associations.
Burden Estimate:
Summary of Estimated Annual Burden (OMB No. 3064-0200)
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Type of burden Number of Time per
Information collection (IC) (frequency of Number of responses per response Annual burden
(obligation to respond) response) respondents respondent (HH:MM) (hours)
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1. Joint Standards for Reporting 6 1 08:00 48
Assessing Diversity Policies (Annual).
and Practices--Paper Form,
Interagency policy statement
(Voluntary).
2. Joint Standards for Reporting 36 1 07:00 252
Assessing Diversity Policies (Annual).
and Practices--Electronic
Form (Implementation),
Interagency policy statement
(Voluntary).
3. Joint Standards for Reporting 139 1 03:00 417
Assessing Diversity Policies (Annual).
and Practices--Electronic
Form (Ongoing), Interagency
policy statement (Voluntary).
4. Joint Standards for Reporting 6 1 12:00 72
Assessing Diversity Policies (Annual).
and Practices--Free-Form,
Interagency policy statement
(Voluntary).
5. Joint Standards for Reporting 14 1 00:06 1
Assessing Diversity Policies (Annual).
and Practices--Non-material,
Interagency policy statement
(Voluntary).
6. Joint Standards for Disclosure 201 1 01:00 201
Assessing Diversity Policies (Annual).
and Practices--Public
Disclosure, Interagency
policy statement (Voluntary).
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Total Annual Burden ................ .............. .............. .............. 991
(Hours).
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Source: FDIC.
General Description of Collection: Section 342 of the Dodd-Frank
Wall Street Reform and Consumer Protection Act of 2010 (Act) required
the Office of the Comptroller of the Currency, the Federal Reserve
System, the FDIC, the Consumer Financial Protection Bureau, and the
Securities and Exchange Commission each to establish an Office of
Minority and Women Inclusion (OMWI) to be responsible for all matters
of the agency relating to diversity in management, employment, and
business activities. The Act also instructed each OMWI Director to
develop standards for assessing the diversity policies and practices of
entities regulated by the agency. The agencies worked together to
develop joint standards (Joint Standards) and, on June 10, 2015, they
jointly published in the Federal Register the ``Final Interagency
Policy Statement Establishing Joint Standards for Assessing the
Diversity Policies and Practices of Entities Regulated by the
Agencies'' (Policy Statement). The Policy Statement includes Joint
Standards that cover ``Practices to Promote Transparency of
Organizational Diversity and Inclusion.'' These Joint Standards
contemplate that a regulated entity is transparent about its diversity
and inclusion activities by making certain information available to the
public annually on its websites or through other appropriate
[[Page 7696]]
communications methods, in a manner reflective of the entity's size and
other characteristics. The specific information referenced in these
standards is (a) the entity's diversity and inclusion strategic plan;
(b) its policy on its commitment to diversity and inclusion; (c) its
progress toward achieving diversity and inclusion in its workforce and
procurement activities; and (d) opportunities available at the entity
that promote diversity. In addition, the Policy Statement includes
Joint Standards that address ``Entities' Self-Assessment.'' The Joint
Standards for Entities' Self-Assessment envision that a regulated
entity, in a manner reflective of its size and other characteristics,
(a) conducts annually a voluntary self-assessment of its diversity
policies and practices; (b) monitors and evaluates its performance
under its diversity policies and practices on an ongoing basis; (c)
provides information pertaining to its self-assessment to the OMWI
Director of its primary Federal financial regulator; and (d) publishes
information pertaining to its efforts with respect to the Joint
Standards.. There is no change in the methodology or substance of this
information collection. The decrease in total estimated annual burden
from 1560 hours in 2022 to 991 hours currently is due to the
expectation that most repeat respondent banks would use the copy/clone
feature in the Financial Institution Diversity-Self Assessment (FID-SA)
for their future submissions, thereby saving a substantial amount of
response time and reducing their overall burden hours.
3. Title: Computer Security Incident Notification Requirements.
OMB Number: 3064-0214.
Form Number: None.
Affected Public: Businesses or other for-profit.
Burden Estimate:
Summary of Estimated Annual Burden (OMB No. 3064-0214)
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Type of burden Number of Time per
Information collection (IC) (frequency of Number of responses per response Annual burden
(obligation to respond) response) respondents respondent (HH:MM) (hours)
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1. Notification Incident Reporting (On 67 1.25 03:00 252
Reporting, 12 CFR 304.23 Occasion).
(Mandatory).
2. Service Provider Reporting (On 832 1 03:00 2,496
Notification, 12 CFR 304.24 Occasion).
(Mandatory).
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Total Annual Burden ................ .............. .............. .............. 2,748
(Hours).
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Source: FDIC.
General Description of Collection: The Office of the Comptroller of
the Currency, Board of Governors of the Federal Reserve System, and the
FDIC (collectively, the agencies) are issuing a notice of proposed
rulemaking (the proposed rule) that would require a banking
organization to notify its primary Federal regulator upon the
occurrence of a significant computer security incident. This
notification requirement is intended to serve as an early alert to a
banking organization's primary Federal regulator and is not intended to
include an assessment of the incident. The proposed rule would allow a
banking organization to authorize or contract with a bank service
provider to allow the bank service provider to make the relevant
notifications to the banking organization's primary Federal regulator
on the banking organization's behalf. Moreover, a bank service provider
as defined herein and in accordance with the Bank Service Company Act
(BSCA) would be required to notify affected banking organization
customers within four hours of when it experiences a computer-security
incident that it reasonably believes could disrupt, degrade, or impair
services provided subject to the BSCA for four or more hours. ``Bank
service providers'' would include both bank service companies and
third-party service providers, under the BSCA. There is no change in
the methodology or substance of this information collection. The
increase in total estimated annual burden from 2,694 in 2022 to 2,748
currently is due to a change in the estimated number of respondents.
Request for Comment
Comments are invited on (a) whether the collection of information
is 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 collection,
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 collection 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 January15, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025-01424 Filed 1-21-25; 8:45 am]
BILLING CODE 6714-01-P
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