[Federal Register: June 21, 2001 (Volume 66, Number 120)]
[Notices]               
[Page 33246]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21jn01-47]                         

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FEDERAL DEPOSIT INSURANCE CORPORATION

 
Agency Information Collection Activities: Proposed Collection; 
Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on proposed and/or 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is 
soliciting comments concerning an information collection titled 
``Management Official Interlocks.''

DATES: Comments must be submitted on or before August 20, 2001.

ADDRESSES: Interested parties are invited to submit written comments to 
Tamara R. Manly, Management Analyst (Regulatory Analysis), (202) 898-
7453, Office of the Executive Secretary, Room F-4058, Attention: 
Comments/OES, Federal Deposit Insurance Corporation, 550 17th Street 
N.W., Washington, D.C. 20429. All comments should refer to ``Management 
Official Interlocks.'' Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m. [FAX number (202) 898-
3838; Internet address: comments@ fdic.gov]. Comments may also be 
submitted to the OMB desk officer for the FDIC: Alexander Hunt, Office 
of Information and Regulatory Affairs, Office of Management and Budget, 
New Executive Office Building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT: Tamara R. Manly, at the address 
identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collection of information:
    Title: Management Official Interlocks.
    OMB Number: 3064-0118.
    Frequency of Response: On occasion.
    Affected Public: Management officials of insured nonmember banks 
and their affiliates.
    Estimated Number of Respondents: 5.
    Estimated Time per Response: 4 hours.
    Estimated Total Annual Burden: 20 hours.
    General Description of Collection: The collection is associated 
with the FDIC's Management Official Interlocks regulation, 12 CFR Part 
348, which implements the Depository Institution Management Interlocks 
Act (DIMIA). DIMIA generally prohibits bank management officials from 
serving simultaneously with two unaffiliated depository institutions or 
their holding companies but allows the FDIC to grant exemptions in 
appropriate circumstances.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's 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 information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the 
collection should be modified prior to submission to OMB for review and 
approval. Comments submitted in response to this notice also will be 
summarized or included in the FDIC's requests to OMB for renewal of 
this collection. All comments will become a matter of public record.

    Dated at Washington, D.C., this 15th day of June, 2001.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 01-15644 Filed 6-20-01; 8:45 am]
BILLING CODE 6714-01-P