Notice2026-02019
Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Extensions of Credit to Insiders and Transactions With Affiliates
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 2, 2026
Issuing agencies
Treasury DepartmentComptroller of the Currency
Abstract
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Extensions of Credit to Insiders and Transactions with Affiliates." The OCC also is giving notice that it has sent the collection to OMB for review.
Full Text
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<title>Federal Register, Volume 91 Issue 21 (Monday, February 2, 2026)</title>
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[Federal Register Volume 91, Number 21 (Monday, February 2, 2026)]
[Notices]
[Pages 4788-4789]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-02019]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Extensions of Credit to Insiders
and Transactions With Affiliates
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites comment on a continuing information
collection, as required by the Paperwork Reduction Act of 1995 (PRA).
In accordance with the requirements of the PRA, the OCC may not conduct
or sponsor, and the respondent is not required to respond to, an
information collection unless it displays a currently valid Office of
Management and Budget (OMB) control number. The OCC is soliciting
comment concerning the renewal of its information collection titled,
``Extensions of Credit to Insiders and Transactions with Affiliates.''
The OCC also is giving notice that it has sent the collection to OMB
for review.
DATES: Comments must be received by March 4, 2026.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible. You may submit comments by any of the following methods:
<bullet> Email: <a href="/cdn-cgi/l/email-protection#b3c3c1d2daddd5dcf3dcd0d09dc7c1d6d2c09dd4dcc5"><span class="__cf_email__" data-cfemail="760604171f1810193619151558020413170558111900">[email protected]</span></a>.
<bullet> Mail: Chief Counsel's Office, Attention: Comment
Processing, Office of the Comptroller of the Currency, Attention: 1557-
0336, 400 7th Street SW, Suite 3E-218, Washington, DC 20219.
<bullet> Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
<bullet> Fax: (571) 293-4835.
Instructions: You must include ``OCC'' as the agency name and
``1557-0336'' in your comment. In general, the OCC will publish
comments on <a href="http://www.reginfo.gov">www.reginfo.gov</a> without change, including any business or
personal information provided, such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
Written comments and recommendations for the proposed information
collection should also 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>. You can find this
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
You may review comments and other related materials that pertain to
this information collection following the close of the 30-day comment
period for this notice by the method set forth in the next bullet.
<bullet> Viewing Comments Electronically: Go to <a href="http://www.reginfo.gov">www.reginfo.gov</a>.
Hover over the ``Information Collection Review'' tab and click on
``Information Collection Review'' from the drop-down menu. From the
``Currently under Review'' drop-down menu, select ``Department of the
Treasury'' and then click ``submit.'' This information collection can
be located by searching OMB control number ``1557-0336'' or
``Extensions of Credit to Insiders and Transactions with Affiliates.''
Upon finding the appropriate information collection, click on the
related ``ICR Reference Number.'' On the next screen, select ``View
Supporting Statement and Other Documents'' and then click on the link
to any comment listed at the bottom of the screen.
<bullet> For assistance in navigating <a href="http://www.reginfo.gov">www.reginfo.gov</a>, please
contact the Regulatory Information Service Center at (202) 482-7340.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(202) 649-5490, Chief Counsel's Office, Office of the Comptroller of
the Currency, 400 7th Street SW, Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech disability, please dial 7-1-1 to
access telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.),
Federal agencies must obtain approval from the OMB for each collection
of information that they conduct or sponsor. ``Collection of
information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to
include agency requests or requirements that members of the public
submit reports, keep records, or provide information to a third party.
The OCC asks the OMB to extend its approval of the collection in this
notice.
Title: Extensions of Credit to Insiders and Transactions with
Affiliates.
OMB Control No.: 1557-0336.
Type of Review: Regular.
Affected Public: Businesses or other for-profit.
Description: National banks and Federal savings associations must
comply with rules of the Federal Reserve Board (Board) regarding
extensions of credit to insiders (Regulation O) and transactions with
affiliates (Regulation W), which implement section 22(h) and sections
23A and 23B, respectively, of the Federal Reserve Act (FRA). Twelve CFR
part 31.2 requires national banks, Federal savings associations, and
their insiders to comply with Regulation O, and 12 CFR 31.3 requires
national banks and Federal savings associations to comply with
Regulation W. Appendix A to part 31 provides interpretive guidance on
the application of Regulation W to deposits between affiliated banks.
Section 31.3(c) implements the statutory standards for authorizing
an exemption from section 23A of the FRA or section 11 of the Home
Owners' Loan Act (HOLA) in accordance with section 608 of the Dodd
Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
Section 608, which became effective on July 21, 2012, amends section
23A of the FRA and section 11 of the HOLA to authorize the OCC to
exempt, by order, a transaction of a national bank or Federal savings
association, respectively, from the affiliate transaction requirements
of section 23A and section 11 of the HOLA if: (1) the OCC and the Board
jointly find the exemption to be in the public interest and consistent
with the purposes of section 23A or section 11, and (2) within 60 days
of receiving notice of such finding, the Federal Deposit Insurance
Corporation does not object in writing to the finding. Such objection
would be based on a determination that the exemption presents an
unacceptable risk to the Deposit Insurance Fund.
Section 31.3(d) sets forth procedures that a national bank and
Federal savings association must follow to request such exemptions.
These procedures are modeled after the Board's procedures in Regulation
W. A national bank or Federal savings association may request an
exemption from the requirements of section 23A or section 11 of the
HOLA, as applicable, and 12 CFR part 223 for a national bank or Federal
savings association by submitting a written request to the Deputy
Comptroller for Licensing with a copy to the appropriate Federal
Reserve Bank. Such a request must:
(1) Describe in detail the transaction or relationship for which
the national
[[Page 4789]]
bank or Federal savings association seeks exemption;
(2) Explain why the OCC should exemption the transaction or
relationship;
(3) Explain how the exemption would be in the public interest and
consistent with the purposes of section 23A or section 11 of the HOLA,
as applicable; and
(4) Explain why the exemption does not present an unacceptable risk
to the Deposit Insurance Fund.
Estimated Burden
Estimated Frequency of Response: On occasion.
Estimated Number of Respondents: 1.
Estimated Hours per Response: 10 hours.
Estimated Total Annual Responses: 1.
Estimated Total Annual Burden: 10 hours.
Comments: On November 25, 2025, the OCC published a 60-day notice
for this information collection, (90 FR 53419). No comments were
received.
Comments continue to be invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Sarah E. Turney,
Assistant Director, Office of the Comptroller of the Currency.
[FR Doc. 2026-02019 Filed 1-30-26; 8:45 am]
BILLING CODE 4810-33-P
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</html>Indexed from Federal Register on February 2, 2026.
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