Notice2025-22263
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
December 8, 2025
Issuing agencies
Federal Reserve System
Abstract
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extemd for three years, without revision, the Recordkeeping and Disclosure Requirements Associated with the Consumer Financial Protection Bureau's (CFPB) and the Board's Regulation V (FR V; OMB No. 7100-0308).
Full Text
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<title>Federal Register, Volume 90 Issue 233 (Monday, December 8, 2025)</title>
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[Federal Register Volume 90, Number 233 (Monday, December 8, 2025)]
[Notices]
[Pages 56760-56761]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-22263]
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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 extemd for three years, without revision, the
Recordkeeping and Disclosure Requirements Associated with the Consumer
Financial Protection Bureau's (CFPB) and the Board's Regulation V (FR
V; OMB No. 7100-0308).
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#204e5548410e454c4d41474852414249604652420e474f56"><span class="__cf_email__" data-cfemail="a1cfd4c9c08fc4cdccc0c6c9d3c0c3c8e1c7d3c38fc6ced7">[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
[[Page 56761]]
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 V.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, Without Revision, of the Following Information Collection
Collection title: Recordkeeping and Disclosure Requirements
Associated with the CFPB's and the Board's Regulations V.
Collection identifier: FR V.
OMB control number: 7100-0308.
General description of collection: The CFPB's Regulation V and the
Board's Regulation V implement in part the Fair Credit Reporting Act
(FCRA), which was enacted in 1970 based on a Congressional finding that
the banking system is dependent on fair and accurate credit reporting.
The FCRA requires consumer reporting agencies to adopt reasonable
procedures that are fair and equitable to the consumer with regard to
the confidentiality, accuracy, relevancy, and proper utilization of
consumer information. The Board continues to be responsible for
renewing every three years the information collection requirements
contained in the CFPB's Regulation V for institutions with $10 billion
or less in assets that are identified in 15 U.S.C. 1681s(b)(1)(A)(ii)
and for consumers of these institutions, as well as for the identity
theft red flags provisions in the Board's Regulation V for institutions
of any size that are identified in 15 U.S.C. 1681s(b)(1)(A)(ii).
Frequency: Event-generated.
Respondents: Individuals and all depository institutions identified
in 15 U.S.C. 1681s(b)(1)(A)(ii).
Total estimated number of respondents: 282,070.
Total estimated annual burden hours: 403,418.
Current actions: On July 31, 2025, the Board published a notice in
the Federal Register (90 FR 36055) requesting public comment for 60
days on the extension, without revision, of the FR V. The comment
period for this notice expired on September 29, 2025. The Board did not
receive any comments.
Board of Governors of the Federal Reserve System, December 4,
2025.
Erin M. Cayce,
Assistant Secretary of the Board.
[FR Doc. 2025-22263 Filed 12-5-25; 8:45 am]
BILLING CODE 6210-01-P
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