Notice2025-02360
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 7, 2025
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 Supervisory and Regulatory Survey (FR 3052; OMB No. 7100-0322).
Full Text
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<title>Federal Register, Volume 90 Issue 25 (Friday, February 7, 2025)</title>
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[Federal Register Volume 90, Number 25 (Friday, February 7, 2025)]
[Notices]
[Page 9157]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02360]
[[Page 9157]]
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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
Supervisory and Regulatory Survey (FR 3052; OMB No. 7100-0322).
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#711f0419105f141d1c10161903101318311703135f161e07"><span class="__cf_email__" data-cfemail="9cf2e9f4fdb2f9f0f1fdfbf4eefdfef5dcfaeefeb2fbf3ea">[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/review">https://www.federalreserve.gov/apps/reportingforms/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 3052.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, Without Revision, of the Following Information Collection
Collection title: Supervisory and Regulatory Survey.
Collection identifier: FR 3052.
OMB control number: 7100-0322.
General description of collection: This survey collects information
from financial institutions specifically tailored to the Federal
Reserve's supervisory, regulatory, and operational responsibilities.
The frequency and content of the questions may depend on economic,
regulatory, supervisory, and legislative developments. The surveys are
conducted on a voluntary basis.
Frequency: On Occasion.
Respondents: Respondents may include bank holding companies, state
member banks, savings and loan holding companies, intermediate holding
companies, U.S. branches and agencies of foreign banking organizations
(FBOs), Edge Act and agreement corporations, non-bank financial
companies that the Financial Stability Oversight Council has determined
should be supervised by the Board, or the combined domestic operations
of FBOs.
Total estimated number of respondents: 5,000.
Estimated average hours per response: 0.5.
Total estimated annual burden hours: 60,000.
Current actions: On October 2, 2024, the Board published a notice
in the Federal Register (89 FR 80246) requesting public comment for 60
days on the extension, without revision, of the FR 3052. The comment
period for this notice expired on December 2, 2024. The Board received
one comment. The comment supported the proposal to extend, without
revision, the FR 3052. The comment recommended integrating an
international auditing standard and establishing a collaborative
working group related to future surveys under the FR 3052. The Board
appreciates feedback and will consider these recommendations in
connection with future surveys. The Board will adopt the extension,
without revision, of the FR 3052 as originally proposed.
Board of Governors of the Federal Reserve System, February 4,
2025.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025-02360 Filed 2-6-25; 8:45 am]
BILLING CODE 6210-01-P
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