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Federal Register Citations

Agency Information Collection Activities; Proposed Collection; Comment Request. Country Exposure Reports.

    [Federal Register: December 13, 2005 (Volume 70, Number 238)] 
   [Notices]              
    
   [Page 73745-73747] 
   From the Federal Register Online via GPO Access [wais.access.gpo.gov] 
   [DOCID:fr13de05-47]                        
    
    
   ----------------------------------------------------------------------- 
    
   DEPARTMENT OF THE TREASURY 
    
   Office of the Comptroller of the Currency 
    
   FEDERAL RESERVE SYSTEM 
    
   FEDERAL DEPOSIT INSURANCE CORPORATION 
    
 
   Agency Information Collection Activities: Proposed Collection;  
   Comment Request 
    
   AGENCIES: Office of the Comptroller of the Currency (OCC), Treasury;  
   Board of Governors of the Federal Reserve System (Board); and Federal  
   Deposit Insurance Corporation (FDIC). 
    
   ACTION: Joint notice and request for comment. 
    
   ----------------------------------------------------------------------- 
    
   SUMMARY: In accordance with the requirements of the Paperwork Reduction  
   Act of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the FDIC  
   (the ``agencies'') 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 Federal Financial Institutions Examination Council  
   (FFIEC), of which the agencies are members, has approved the agencies'  
   publication for public comment of a proposal to extend, without  
   revision, the Country Exposure Report (FFIEC 009) and the Country  
   Exposure Information Report (FFIEC 009a), which are currently approved  
   information collections. At the end of the comment period, the comments  
   and recommendations received will be analyzed to determine the extent  
   to which the FFIEC should modify the reports. The agencies will then  
   submit the reports to OMB for review and approval. 
    
   DATES: Comments must be submitted on or before February 13, 2006. 
    
   ADDRESSES: Interested parties are invited to submit written comments to  
   any or all of the agencies. All comments, which should refer to the OMB  
   control number, will be shared among the agencies. 
   OCC: You should direct your comments to: 
   Communications Division, Office of the Comptroller of the 
   Currency,  
   Public Information Room, Mail stop 1-5, Attention: 1557-0100, 250 E  
   Street, SW., Washington, DC 20219. In addition, comments may be sent by  
   fax to 202-874-4448, or by electronic mail to
   <a href="mailto:regs.comments@occ.treas.gov"> 
   regs.comments@occ.treas.gov</a>. You can inspect and photocopy the comments
    
    
   at the OCC's Public Information Room, 250 E Street, SW., Washington, DC  
   20219. You can make an appointment to inspect the comments by calling  
   202-874-5043
   Board: You may submit comments, identified by FFIEC 009, by 
   any of  
   the following methods: 
  
    * Agency Web Site:
   <a href="http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.federalreserve.gov">
   http://www.federalreserve.gov</a> Follow the instructions for submitting 
   comments on the
   <a href="http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://">
   http://</a>. 
    
   <a href="http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm">
   http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm</a>. 
    
  
    * Federal eRulemaking Portal:
   <a href="http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.regulations.gov">
   http://www.regulations.gov</a>.  
    
   Follow the instructions for submitting comments. 
  
    * E-mail: <a href="mailto:regs.comments@federalreserve.gov">
   regs.comments@federalreserve.gov</a>. Include docket  
   number in the subject line of the message. 
  
    * FAX: 202-452-3819 or 202-452-3102
  
    * Mail: Jennifer J. Johnson, 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 Board's Web site 
   at  
   <a href="http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm">
   http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm</a> as  
    
   submitted, except as necessary for technical reasons. Accordingly, your  
   comments will not be edited to remove any identifying or contact  
   information. Public comments may also be viewed electronically or in  
   paper in Room MP-500 of the Board's Martin Building (20th and C  
   Streets, NW.) between 9 a.m. and 5 p.m. on weekdays. 
   FDIC: You may submit written comments, which should refer to 
    
   [[Page 73746]] 
    
   ``Country Exposure Reports, 3064-0017,'' by any of the following  
   methods: 
  
    * Agency Web Site:
   <a href="http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.fdic.gov/regulations/laws/">
   http://www.fdic.gov/regulations/laws/</a>  
    
   federal/propose.html. Follow the instructions for submitting comments  
   on the FDIC Web site. 
  
    * Federal eRulemaking Portal:
   <a href="http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.regulations.gov">
   http://www.regulations.gov</a>.  
    
   Follow the instructions for submitting comments. 
  
    * E-mail: <a href="mailto:Comments@FDIC.gov">Comments@FDIC.gov</a>. 
  
    * Mail: Robert E. Feldman, Executive Secretary, Attention:  
   Comments, FDIC, 550 17th Street, NW., Washington, DC 20429. 
  
    * Hand Delivery/Courier: Guard station at the rear of the  
   550 17th Street Building (located on F Street) on business days between  
   7 a.m. and 5 p.m. 
   Public Inspection: All comments received will be posted 
   without  
   change to
   <a href="http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.fdic.gov/regulations/laws/federal/propose/html">
   http://www.fdic.gov/regulations/laws/federal/propose/html</a>  
    
   including any personal information provided. Comments may be inspected  
   at the FDIC Public Information Center, Room 100, 801 17th Street, NW.,  
   Washington, DC, between 9 a.m. and 4:30 p.m. on business days. 
   A copy of the comments may also be submitted to the OMB desk
    
   officer for the agencies: By mail to U.S. Office of Management and  
   Budget, 725 17th Street, NW.,
   10235, Washington, DC 20503 or  
   by facsimile to 202-395-6974, Attention: Federal Banking Agency Desk  
   Officer. 
    
   FOR FURTHER INFORMATION CONTACT: Additional information or a copy of  
   the collection may be requested from: 
   OCC: Mary Gottlieb, OCC Clearance Officer, or Camille Dixon, 
   202- 
   874-5090, Legislative and Regulatory Activities Division, Office of the  
   Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219. 
   Board: Michelle Long, Federal Reserve Board Clearance 
   Officer, 202- 
   452-3829, Division of Research and Statistics, Board of Governors of  
   the Federal Reserve System, 20th and C Streets, NW., Washington, DC  
   20551. Telecommunications Device for the Deaf (TDD) users may call 202- 
   263-4869, Board of Governors of the Federal Reserve System, 20th and C  
   Streets, NW., Washington, DC 20551. 
   FDIC: Leneta G. Gregorie, Counsel, 202-898-3719, Legal 
   Division,  
   Federal Deposit Insurance Corporation, 550 17th Street, NW.,  
   Washington, DC 20429. 
    
   SUPPLEMENTARY INFORMATION:  
    
   Proposal To Extend for Three Years, Without Revision, the Following  
   Currently Approved Collections of Information 
    
   Report Title: Country Exposure Report and Country Exposure
    
   Information Report. 
   Form Number: FFIEC 009 and FFIEC 009a. 
   Frequency of Response: Quarterly. 
   Affected Public: Business or other for profit. 
    
   OCC 
    
   OMB Number: 1557-0100. 
   Estimated Number of Respondents: 21 (FFIEC 009); 21 (FFIEC 
   009a). 
   Estimated Average Time per Response: 70 burden hours (FFIEC 
   009);  
   5.25 burden hours (FFIEC 009a). 
   Estimated Total Annual Burden: 5,880 burden hours (FFIEC 
   009); 441  
   burden hours (FFIEC 009a). 
    
   Board 
    
   OMB Number: 7100-0035. 
   Estimated Number of Respondents: 29 (FFIEC 009); 16 (FFIEC 
   009a). 
   Estimated Average Time per Response: 70 burden hours (FFIEC 
   009);  
   5.25 burden hours (FFIEC 009a). 
   Estimated Total Annual Burden: 8,120 burden hours (FFIEC 
   009); 336  
   burden hours (FFIEC 009a). 
    
   FDIC 
    
   OMB Number: 3064-0017. 
   Estimated Number of Respondents: 21 (FFIEC 009); 21 (FFIEC 
   009a). 
   Estimated Average Time per Response: 70 burden hours (FFIEC 
   009);  
   5.25 burden hours (FFIEC 009a). 
   Estimated Total Annual Burden: 5,880 burden hours (FFIEC 
   009); 441  
   burden hours (FFIEC 009a). 
    
   General Description of Reports 
    
   These information collections are mandatory: 12 U.S.C. 161 
   and 1817  
   (national banks), 12 U.S.C. 248(a), 1844(c), and 3906 (state member  
   banks and bank holding companies); and 12 U.S.C. 1817 and 1820 (insured  
   state nonmember commercial and savings banks). The FFIEC 009  
   information collection is given confidential treatment (5 U.S.C.  
   552(b)(4) and (b)(8)). The FFIEC 009a information collection is not  
   given confidential treatment. 
    
   Abstract 
    
   The Country Exposure Report (FFIEC 009) is filed quarterly 
   with the  
   agencies and provides information on international claims of U.S. banks  
   and bank holding companies that is used for supervisory and analytical  
   purposes. The information is used to monitor country exposure of banks  
   to determine the degree of risk in their portfolios and the possible  
   impact on U.S. banks of adverse developments in particular countries.  
   The Country Exposure Information Report (FFIEC 009a) is a supplement to  
   the FFIEC 009 and provides publicly available information on material  
   foreign country exposures (all exposures to a country in excess of 1  
   percent of total assets or 20 percent of capital, whichever is less) of  
   U.S. banks and bank holding companies that file the FFIEC 009 report.  
   As part of the Country Exposure Information Report, reporting  
   institutions must also furnish a list of countries in which they have  
   lending exposures above 0.75 percent of total assets or 15 percent of  
   total capital, whichever is less. 
    
   Request for Comment 
    
   Comments are invited on: 
   a. Whether the information collections are necessary for the 
   proper  
   performance of the agencies' functions, including whether the  
   information has practical utility; 
   b. The accuracy of the agencies' estimates of the burden of 
   the  
   information collections, 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 collections 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. 
   Comments submitted in response to this notice will be shared 
   among  
   the agencies. All comments will become a matter of public record.  
   Written comments should address the accuracy of the burden estimates  
   and ways to minimize burden including the use of automated collection  
   techniques or the use of other forms of information technology as well  
   as other relevant aspects of the information collection request. 
    
   Dated: November 22, 2005. 
   Stuart Feldstein, 
   Assistant Director, Legislative and Regulatory Activities Division,  
   Office of the Comptroller of the Currency. 
    
   Board of Governors of the Federal Reserve System, December 1,
    
   2005. 
   Jennifer J. Johnson, 
   Secretary of the Board. 
    
   Dated at Washington, DC, this 5th day of December, 2005. 
    
    
   [[Page 73747]] 
    
    
   Federal Deposit Insurance Corporation. 
   Robert E. Feldman, 
   Executive Secretary. 
[FR Doc. E5-7276 Filed 12-12-05; 8:45 am] 
    
   BILLING CODE 4810-33-P

Last Updated: December 13, 2005