[Federal Register: December 4, 2006 (Volume 71, Number 232)]
[Notices]
[Page 70392-70393]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr04de06-55]
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System
SUMMARY: Background
On June 15, 1984, the Office of Management and Budget (OMB)
delegated to the Board of Governors of the Federal Reserve System
(Board) its approval authority under the Paperwork Reduction Act, as
per 5 CFR 1320.16, to approve of and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board under conditions set forth in 5 CFR 1320
Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the Paperwork Reduction Act
Submission, supporting statements and approved collection of
information instruments are placed into OMB's public docket files. The
Federal Reserve may not conduct or sponsor, and the respondent is not
required to respond to, an information collection that has been
extended, revised, or implemented on or after October 1, 1995, unless
it displays a currently valid OMB control number.
Request for comment on information collection proposal
The following information collection, which is being handled under
this delegated authority, has received initial Board approval and is
hereby published for comment. At the end of the comment period, the
proposed information collection, along with an analysis of comments and
recommendations received, will be submitted to the Board for final
approval under OMB delegated authority. Comments are invited on the
following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Federal Reserve's functions; including
whether the information has practical utility;
b. The accuracy of the Federal Reserve's estimate of the burden of
the proposed 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 information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before February 2, 2007.
ADDRESSES: You may submit comments, identified by FR 4004 (OMB No.
7100-0112), by any of the following methods:
Agency Web Site: http://www.federalreserve.gov Follow the instructions for submitting comments at http://www.federalreserve.gov/.
.
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
E-mail: regs.comments@federalreserve.gov. Include the OMB
control 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,
N.W., Washington, DC 20551.
All public comments are available from the Board's web site at
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted,
unless modified 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 5:00 p.m. on weekdays.
FOR FURTHER INFORMATION CONTACT: A copy of the proposed form and
instructions, the Paperwork Reduction Act Submission, supporting
statement, and other documents that will be placed into OMB's public
docket files once approved may be requested from the agency clearance
officer, whose name appears below.
Michelle Long, Federal Reserve Board Clearance Officer (202-452-
3829), Division of Research and Statistics, Board of Governors of the
Federal Reserve System, Washington, DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact (202-263-4869), Board of Governors
of the Federal Reserve System, Washington, DC 20551.
Proposal to approve under OMB delegated authority the extension for
three years, without revision, of the following report:
Report title: Written Security Program for State Member Banks
Agency form number: FR 4004
OMB control number: 7100-0112
Frequency: On occasion
Reporters: State member banks
Annual reporting hours: 35 hours
Estimated average hours per response: 0.5 hours
Number of respondents: 70
General description of report: This recordkeeping requirement is
mandatory pursuant to section 3 of the Bank Protection Act [12 U.S.C.
Sec. 1882(a)] and Regulation H [12 CFR Sec. 208.61]. Because written
security programs are maintained at state member banks, no issue of
confidentiality under the Freedom of Information Act normally arises.
However, copies of such documents included in examination work papers
would, in such form, be confidential pursuant to exemption 8 of the
Freedom of Information Act [5 U.S.C. Sec. 552(b)(8)].
Abstract: Each state member bank must develop and implement a
written security program and maintain it in the
[[Page 70393]]
bank's records. This program should include a requirement to install
security devices and should establish procedures that satisfy minimum
standards in the regulation, with the security officer determining the
need for additional security devices and procedures based on the
location of the banking office. There is no formal reporting form and
the information is not submitted to the Federal Reserve.
Board of Governors of the Federal Reserve System, November 29,
2006.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E6-20424 Filed 12-1-06; 8:45 am]
BILLING CODE 6210-01-S