Federal Register - August 16, 2021

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Source: Federal Register

45730

Federal Register / Vol. 86, No. 155 / Monday, August 16, 2021 / Notices
located on F Street, on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. A copy of the comments may also be submitted to the OMB desk officer for the FDIC:
Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT:

Manny Cabeza, Regulatory Counsel, 2028983767, mcabeza@fdic.gov, MB
3128, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following currently approved collections of information:

1. Title: Application Pursuant to Section 19 of the Federal Deposit Insurance Act.
OMB Number: 30640018.
Form Number: 671007.
Affected Public: Individuals and FDIC-insured depository institutions.
Burden Estimate:

SUMMARY OF ANNUAL BURDEN
Information collection description
Type of burden
Obligation to respond
Application Pursuant to Section 19 of the Federal Deposit Insurance Act.

Reporting

Mandatory

Total Estimated Annual Burden:
1,168 hours.
General Description of Collection:
Section 19 of the Federal Deposit Insurance Act FDI, 12 U.S.C. Section 1829, requires the FDICs consent prior to any participation in the affairs of an insured depository institution by an
Estimated average frequency of response
Estimated number of respondents 73

individual who has been convicted of crimes involving dishonesty or breach of trust, and included drug-related convictions. To obtain that consent, certain individuals and insured depository institutions must submit an application to the FDIC for approval on Form FDIC 6710/07.

Estimated time per response hours 1

Estimated annual burden hours
16 hours
1,168
hours
2. Title: Pillar 2 GuidanceAdvanced Capital Framework.
OMB Number: 30640165.
Form Number: None.
Affected Public: Insured state nonmember banks and certain subsidiaries of these entities.
Burden Estimate:

lotter on DSK11XQN23PROD with NOTICES1

SUMMARY OF ANNUAL BURDEN
Information collection description
Type of burden
Obligation to respond
Pillar 2 Guidance

Recordkeeping

Voluntary

Total Estimated Annual Burden: 420
hours.
General Description of Collection:
There has been no change in the method or substance of this information collection. The number of institutions subject to the record keeping requirements has decreased from eight 8 to two 2. In 2008 the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System and the FDIC issued a supervisory guidance document related to the supervisory review process of capital adequacy Pillar 2 in connection with the implementation of the Basel II
Advanced Capital Framework.1
Sections 37, 41, 43 and 46 of the guidance include possible information collections. Section 37 provides that banks should state clearly the definition of capital used in any aspect of its internal capital adequacy assessment process ICAAP and document any changes in the internal definition of capital. Section 41 provides that banks should maintain thorough documentation of its ICAAP. Section 43
specifies that the board of directors
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17:21 Aug 13, 2021

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Estimated number of respondents
I

Estimated time per response hours
Estimated frequency of responses 1

4

I

I

105 hours
Estimated annual burden hours
I

420 hours
should approve the banks ICAAP, review it on a regular basis and approve any changes. Section 46 recommends that boards of directors periodically review the assessment of overall capital adequacy and analyze how measures of internal capital adequacy compare with other capital measures such as regulatory or accounting.

Federal Deposit Insurance Corporation.
Dated at Washington, DC, on August 10, 2021.
James P. Sheesley, Assistant Executive Secretary.

Request for Comment
FEDERAL MINE SAFETY AND HEALTH
REVIEW COMMISSION

Comments are invited on: a Whether the collection of information is necessary for the proper performance of the FDICs 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.

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FR Doc. 202117408 Filed 81321; 8:45 am BILLING CODE 671401P

Sending Case Issuances Through Electronic Mail Federal Mine Safety and Health Review Commission.
ACTION: Notice.
AGENCY:

On a temporary basis, the Federal Mine Safety and Health Review Commission will be sending most issuances through electronic mail and will not be monitoring incoming physical mail or facsimile transmissions.
DATES: Applicable: August 10, 2021.
FOR FURTHER INFORMATION CONTACT:
Sarah Stewart, Deputy General Counsel, SUMMARY:

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16AUN1

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Federal Register - August 16, 2021

TitoloFederal Register

PaeseStati Uniti

Data16/08/2021

Conteggio pagine243

Numero di edizioni7802

Prima edizione14/03/1936

Ultima edizione25/06/2026

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