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Federal Register / Vol. 86, No. 21 / Wednesday, February 3, 2021 / Notices collection obtained by the Board constitutes nonpublic commercial or financial information, which is both customarily and actually treated as private by the financial institution, the financial institution may request confidential treatment pursuant to exemption 4 of the Freedom of Information Act.4
Board of Governors of the Federal Reserve System, January 28, 2021.
Michele Taylor Fennell, Deputy Associate Secretary of the Board.
FR Doc. 202102204 Filed 2221; 8:45 am BILLING CODE 621001P

FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:

The Board of Governors of the Federal Reserve System Board invites comment on a proposal to extend for three years, without revision, the Senior Financial Officer Surveys FR 2023;
OMB No. 71000223.
DATES: Comments must be submitted on or before April 5, 2021.
ADDRESSES: You may submit comments, identified by FR 2023, by any of the following methods:
Agency Website: https
www.federalreserve.gov/. Follow the instructions for submitting comments at https www.federalreserve.gov/apps/
foia/proposedregs.aspx.
Email: regs.comments@
federalreserve.gov. Include the OMB
number in the subject line of the message.
FAX: 202 4523819 or 202 452
3102.
Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551.
All public comments are available from the Boards website at https
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless modified for technical reasons or to remove personally identifiable information at the commenters request.
Accordingly, comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room 146, 1709 New York
jbell on DSKJLSW7X2PROD with NOTICES

SUMMARY:

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Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the Board requires that visitors make an appointment to inspect comments. You may do so by calling 202 4523684.
Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments.
Additionally, commenters may send a copy of their comments to the Office of Management and Budget OMB Desk OfficerShagufta AhmedOffice 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 3956974.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance OfficerNuha ElmaghrabiOffice of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, 202
4523829.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the PRA to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies.
A copy of the Paperwork Reduction Act PRA OMB submission, including the reporting form and instructions, supporting statement, and other documentation will be available at https www.reginfo.gov/public/do/
PRAMain, if approved. These documents will also be made available on the Boards public website at https
www.federalreserve.gov/apps/
reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears above.
Request for Comment on Information Collection Proposal The Board invites public comment on the following information collection, which is being reviewed under authority delegated by the OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for the proper performance of the Boards functions, including whether the information has practical utility;
b. The accuracy of the Boards estimate of the burden of the proposed
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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;
d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and e. Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the Board should modify the proposal.
Proposal Under OMB Delegated Authority To Extend for Three Years, Without Revision, the Following Information Collection Report title: Senior Financial Officer Surveys.
Agency form number: FR 2023.
OMB control number: 71000223.
Frequency: Up to four times a year.
Respondents: Domestically chartered large depository institutions and foreign banking organizations.
Estimated number of respondents: 80.
Estimated average hours per response:
3.
Estimated annual burden hours: 960.
General description of report: 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. Responses are obtained from a senior officer at each participating institution, usually through an electronic submission.
Although a survey may not be collected in a given year, the Board may conduct up to four surveys per year when informational needs arise and cannot be met from existing data sources. The survey does not have a fixed set of questions; each survey consists of a limited number of questions directed at topics of timely interest.
Legal authorization and confidentiality: The FR 2023 is authorized by sections 2A, 12A, and 11
of the Federal Reserve Act FRA.1
Section 2A of the FRA requires that the Board and the Federal Open Market Committee FOMC maintain long run growth of the monetary and credit aggregates commensurate with the economys long run potential to increase production, so as to promote effectively 1 31

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U.S.C. 5364a.

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