FDIC Federal Register Citations

[Federal Register: December 26, 2006 (Volume 71, Number 247)]
[Notices]              
[Page 77520]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr26de06-90]                        

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

 
Proposed Agency Information Collection Activities; Comment
Request

AGENCIES: Office of the Comptroller of the Currency, Treasury; Board of
Governors of the Federal Reserve System; Federal Deposit Insurance
Corporation; and Office of Thrift Supervision, Treasury.

ACTION: Joint notice and request for comment; extension of comment
period.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (44 U.S.C. chapter 35), the OCC, the Board, the FDIC, and
the OTS (collectively, 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, approved the
agencies' publication for public comment of proposed new regulatory
reporting requirements for banks \1\ that qualify for and adopt the
Advanced Capital Adequacy Framework to calculate their risk-based
capital requirement or banks that are in the parallel run stage of
qualifying to adopt this proposed framework. This notice extends the
comment period on this document for consistency with the extension of
the comment period for the notice of proposed rulemaking on the
Advanced Capital Adequacy Framework, as published elsewhere in today's
issue of the Federal Register.
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    \1\ For simplicity, and unless otherwise indicated, this notice
uses the term ``bank'' to include banks, savings associations, and
bank holding companies (BHCs). The terms ``bank holding company''
and ``BHC'' refer only to bank holding companies regulated by the
Board and do not include savings and loan holding companies
regulated by the OTS. For a detailed description of the institutions
covered by this notice, refer to Part I, Section 1, of the proposed
regulatory text in the notice of proposed rulemaking entitled Risk-
Based Capital Standards: Advanced Capital Adequacy Framework.

DATES: The comment period for the joint notice and request for comment
published at 71 FR 55981 (Sept. 25, 2006) is extended until March 26,
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2007.

ADDRESSES: You may submit comments by any of the methods identified in
the joint notice on Proposed Agency Information Collection Activities.
(See 71 FR 55981, September 25, 2006.)

FOR FURTHER INFORMATION CONTACT: For further information about the
proposed regulatory reporting requirements discussed in this notice,
please contact any of the agency clearance officers whose names appear
below. In addition, copies of reporting schedules and instructions can
be obtained at each agency's web site as well as the FFIEC's web
site.\2\
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    \2\ For the OCC: http://www.occ.treas.gov; for the FDIC: http://www.fdic.gov; for the OTS: http://www.ots.treas.gov; for the Board:

http://www.federalreserve.gov/boarddocs/reportforms/review.cfm; and for the FFIEC: http://www.ffiec.gov/ffiec_report_forms.htm.

fiec.gov/ffiec_report_forms.htm.


    OCC: Please direct substantive questions to Lorey Hoffman, Large
Bank Director, Large Bank Supervision, (202) 874-4595, and requests for
copies of the collection to Mary Gottlieb, OCC Clearance Officer, or
Camille Dickerson, (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,
Division of Research and Statistics, Board of Governors of the Federal
Reserve System, Washington, DC 20551 (202-452-3829).
    FDIC: Steven F. Hanft, Clearance Officer, at shanft@fdic.gov, (202-
898-3907), Legal Division, Federal Deposit Insurance Corporation, 550
17th Street, NW., Washington, DC 20429.
    OTS: Marilyn K. Burton, OTS Clearance Officer, at
marilyn.burton@ots.treas.gov, (202) 906-6467, or facsimile number (202)

906-6518, Litigation Division, Chief Counsel's Office, Office of Thrift
Supervision, 1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: On September 25, 2006, the agencies
published a joint notice and request for comment on the proposed
reporting requirements (71 FR 55981). Simultaneously with publication
of the information collection notice, the agencies published a proposed
rule seeking comment on the Advanced Capital Adequacy Framework (Basel
II NPR) (71 FR 55830). The comment period on the information collection
notice and the Basel II NPR ends on January 23, 2007. Elsewhere in
today's issue of the Federal Register, the agencies extended the
comment period for the Basel II NPR. The agencies have determined that
an extension of the comment period on the information collection notice
is appropriate for consistency. 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 proposed reporting
requirements prior to giving its final approval. The agencies will then
submit the proposed reporting requirements to OMB for review and
approval and, upon approval, OMB will assign control numbers.

    Dated: December 6, 2006.
Stuart E. Feldstein,
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.

    Dated: December 8, 2006.

    Board of Governors of the Federal Reserve System.
Jennifer J. Johnson,
Secretary of the Board.

    Dated at Washington, DC, this 5th day of December, 2006.

    By order of the Board of Directors.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.

    Dated: December 11, 2006.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division,
Office of Thrift Supervision.
[FR Doc. 06-9736 Filed 12-21-06; 8:45 am]

BILLING CODE 4810-33-P