65678 Federal Register / Vol. 88, No. 184 / Monday, September 25, 2023 / Notices 

1 12 CFR part 381. 

2 12 U.S.C. 5365(d). 

3 11 U.S.C. 101–1532. 

ADDRESSES: Interested parties are 

invited to submit written comments to 

the FDIC by any of the following 

methods: 

• Agency Website: https://

www.fdic.gov/resources/regulations/ 

federal-register-publications/. 

• Email: comments@fdic.gov. Include 

the name and number of the collection 

in the subject line of the message. 

• Mail: Jennifer Jones (202–898– 

6768), Regulatory Counsel, MB–3078, 

Federal Deposit Insurance Corporation, 

550 17th Street NW, Washington, DC 

20429. 

• Hand Delivery: Comments may be 

hand-delivered to the guard station at 

the rear of the 17th Street NW building 

(located on F Street NW), on business 

days between 7 a.m. and 5 p.m. 

Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Jennifer Jones, Regulatory Counsel, 202– 

898–6768, jennjones@fdic.gov, MB– 

3078, Federal Deposit Insurance 

Corporation, 550 17th Street NW, 

Washington, DC 20429. 

SUPPLEMENTARY INFORMATION: 

Proposal to renew the following 

currently approved collection of 

information: 

1. Title: Reporting Requirements 

Associated with Resolution Planning. 

OMB Number: 3064–0210. 

Forms: None. 

Affected Public: Covered Companies 

as defined in 12 CFR part 381. 

Burden Estimate: 

TABLE 1—SUMMARY OF ESTIMATED ANNUAL BURDEN

[OMB No. 3064–0210] 

Information collection 

(obligation to respond) 

Type of burden 

(frequency of 

response) 

Number of 

respondents 

Number of 

responses per 

respondent 

Time per 

response 

(HH:MM) 

Annual burden 

(hours) 

12 CFR 381.4(a)—Biennial Filers—Domestic .............. Reporting (Biennial).4 1 40,115:00 160,460 

12 CFR 381.4(b)—Triennial Full—Complex Foreign .... Reporting (Triennial).1 1 9,916:00 9,916 

12 CFR 381.4(b)—Triennial Full—Foreign and Domestic.Reporting (Triennial).7 1 5,667:00 39,669 

12 CFR 381.4(c)—Triennial Reduced .......................... Reporting (Triennial).27 1 20:00 540 

12 CFR 381.4(d)(6)(ii)—Waivers by Covered Companies.Reporting (On occasion).1 1 1:00 1 

Total Annual Burden (Hours): ................................ .............................. ........................ ........................ ........................ 210,586 

General Description of Collection: 

This collection comprises the reporting 

requirements associated with 12 CFR 

part 381.1 Section 381 implements the 

resolution planning requirements of 

section 165(d) of the Dodd-Frank Wall 

Street Reform and Consumer Protection 

Act (the Dodd-Frank Act),2 which 

require certain financial companies 

(covered companies) to report 

periodically to the FDIC and the Board 

of Governors of the Federal Reserve 

System (Board) (together, the agencies) 

their plans for rapid and orderly 

resolution under the U.S. Bankruptcy 

Code 3 in the event of material financial 

distress or failure. The goal of the DoddFrank Act resolution planning process is 

to help ensure that a covered company’s 

failure would not have serious adverse 

effects on financial stability in the 

United States. The resolution planning 

process requires covered companies to 

demonstrate that they have adequately 

assessed the challenges that their 

structures and business activities pose 

to a rapid and orderly resolution in the 

event of material financial distress or 

failure and that they have taken action 

to address those challenges, including 

through the development of capabilities 

appropriate to the covered company’s 

size and complexity. 

There is no change in the method or 

substance of the collection. The 7,254- 

hour increase in burden hours is a result 

of an increase in the number of entities 

subject to the information collection. 

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 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. 

Federal Deposit Insurance Corporation. 

Dated at Washington, DC, on September 

20, 2023. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2023–20682 Filed 9–22–23; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

[OMB No. 3064–0143; –0204] 

Agency Information Collection 

Activities: Proposed Collection 

Renewal; Comment Request 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Notice and request for comment. 

SUMMARY: The FDIC, as part of its 

obligations under the Paperwork 

Reduction Act of 1995, invites the 

general public and other Federal 

agencies to take this opportunity to 

comment on the request to renew the 

existing information collections 

described below (OMB Control No. 

3064–0143; –0204). The notices of the 

proposed renewal for these information 


ddrumheller on DSK120RN23PROD with NOTICES1
Federal Register / Vol. 88, No. 184 / Monday, September 25, 2023 / Notices 65679 

collections were previously published 

in the Federal Register on July 24, 2023, 

allowing for a 60-day comment period. 

DATES: Comments must be submitted on 

or before October 25, 2023. 

ADDRESSES: Interested parties are 

invited to submit written comments to 

the FDIC by any of the following 

methods: 

• Agency Website: https://

www.fdic.gov/resources/regulations/ 

federal-register-publications/. 

• Email: comments@fdic.gov. Include 

the name and number of the collection 

in the subject line of the message. 

• Mail: Manny Cabeza (202–898– 

3767), Regulatory Counsel, MB–3128, 

Federal Deposit Insurance Corporation, 

550 17th Street NW, Washington, DC 

20429. 

• Hand Delivery: Comments may be 

hand-delivered to the guard station at 

the rear of the 17th Street NW building 

(located on F Street NW), on business 

days between 7 a.m. and 5 p.m. 

Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Manny Cabeza, Regulatory Counsel, 

202–898–3767, 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 collection of 

information: 

1. Title: Forms Relating to Processing 

Deposit Insurance Claims. 

OMB Number: 3064–0143. 

Affected Public: Private sector 

individuals and entities maintaining 

deposits at insured depository 

institutions. 

Burden Estimate: 

SUMMARY OF ESTIMATED ANNUAL BURDEN

[OMB No. 3064–0143] 

Information collection 

(obligation to respond) 

Type of burden 

(frequency of response) 

Number of 

respondents 

Number of 

responses per 

respondent 

Time per 

response 

(HH:MM) 

Annual 

burden 

(hours) 

1. 7200/04—Declaration for Government Deposit (Required to obtain benefit).Reporting (On occasion) ... 1 1 00:30 1 

2. 7200/05—Declaration for Revocable Living 

Trust (Required to obtain benefit).

Reporting (On occasion) ... 1 1 00:30 1 

3. 7200/06—Declaration of Independent Activity (Required to obtain benefit).Reporting (On occasion) ... 1 1 00:30 1 

4. 7200/07—Declaration of Independent Activity for Unincorporated Association (Required to obtain benefit).Reporting (On occasion) ... 1 1 00:30 1 

5. 7200/08—Declaration for Joint Ownership 

Deposit (Required to obtain benefit).

Reporting (On occasion) ... 1 1 00:30 1 

6. 7200/09—Declaration for Testamentary Deposit (Required to obtain benefit).Reporting (On occasion) ... 1 1 00:30 1 

7. 7200/10—Declaration for Defined Contribution Plan (Required to obtain benefit).Reporting (On occasion) ... 1 1 01:00 1 

8. 7200/11—Declaration for IRA/KEOGH Deposit (Required to obtain benefit).Reporting (On occasion) ... 1 1 00:30 1 

9. 7200/12—Declaration for Defined Benefit 

Plan (Required to obtain benefit).

Reporting (On occasion) ... 1 1 01:00 1 

10. 7200/13—Declaration for Custodian Deposit (Required to obtain benefit).Reporting (On occasion) ... 1 1 00:30 1 

11. 7200/14—Declaration for Health and Welfare Plan (Required to obtain benefit).Reporting (On occasion) ... 1 1 01:00 1 

12. 7200/15—Declaration for Plan and Trust 

(Required to obtain benefit).

Reporting (On occasion) ... 1 1 00:30 1 

13. 7200/18—Declaration for Irrevocable 

Trust (Required to obtain benefit).

Reporting (On occasion) ... 1 1 00:30 1 

14. 7200/24—Claimant Verification (Required 

to obtain benefit).

Reporting (On occasion) ... 1 1 00:30 1 

15. 7200/26—Depositor Interview (Required 

to obtain benefit).

Reporting (On occasion) ... 1 1 00:30 1 

16. Deposit Broker Submission Checklist (Required to obtain benefit).Reporting (On occasion) ... 1 1 00:05 0 

17. Electronic file on customers, ‘‘Broker Input 

File Requirements’’ (Required to obtain 

benefit).

Reporting (On occasion) ... 1 1 00:45 1 

18. Exhibit A, Affidavit of Agency Account 

form (Required to obtain benefit).

Reporting (On occasion) ... 1 1 05:00 5 

19. Exhibit B, The standard agency agreement, or the non-standard agency agreement (Required to obtain benefit).Reporting (On occasion) ... 1 1 00:10 0 

Total Annual Burden (Hours) ................... ............................................ ........................ ........................ ........................ 21:00 

Source: FDIC. 


ddrumheller on DSK120RN23PROD with NOTICES1
65680 Federal Register / Vol. 88, No. 184 / Monday, September 25, 2023 / Notices 

Note: The annual burden estimate for a given collection is calculated in two steps. First, the total number of annual responses is calculated as 

the whole number closest to the product of the annual number of respondents and the annual number of responses per respondent. Then, the 

total number of annual responses is multiplied by the time per response and rounded to the nearest hour to obtain the estimated annual burden 

for that collection. This rounding ensures the annual burden hours in the table are consistent with the values recorded in the OMB’s regulatory 

tracking system. 

This calculation method results in the rounding down to zero hours of very small values such as those shown in ICs 16 and 19. 

General Description of Collection: 

When an insured depository institution 

(IDI) is closed by its primary regulatory 

authority, the FDIC has the 

responsibility to pay the insured 

deposits pursuant to Section 11(a) and 

(f) of the Federal Deposit Insurance Act 

(FDI Act), 12 U.S.C. 1821(a) and (f); and 

the FDIC’s regulations, ‘‘Deposit 

Insurance Coverage,’’ 12 CFR part 330, 

and ‘‘Recordkeeping for Timely Deposit 

Insurance Determination,’’ 12 CFR part 

370. In the event that the requisite 

information is not available in a failed 

IDI’s records, the FDIC will utilize these 

forms, declarations and affidavits to 

request the necessary information from 

a depositor. The forms are used to 

facilitate the FDIC’s deposit insurance 

determinations in the event of the 

failure of an insured depository 

institution. It includes 19 information 

collection (IC) line items, including 15 

that apply to both depositors and their 

agents (e.g., deposit brokers) and four 

intended for use by agents alone. 

There is no change in the substance 

or methodology of this information 

collection. The change in burden is due 

to the decline in estimated burden hours 

from 590 to 21 hours. The decline in 

estimated hours is driven by the decline 

in deposit insurance determinations and 

associated valid form submissions in the 

2018–2022 period. 

2. Title: Margin and Capital 

Requirements for Swap Entities 

[Interagency] IFR. 

OMB Number: 3064–0204. 

Forms: None. 

Affected Public: Any FDIC-insured 

state-chartered bank that is not a 

member of the Federal Reserve System 

or FDIC-insured state-chartered savings 

association that is registered as a swap 

dealer, major swap participant, security 

based swap dealer, or major security 

based swap participant. 

Burden Estimate: 

SUMMARY OF ESTIMATED ANNUAL BURDEN

[OMB No. 3064–0204] 

Information collection 

(obligation to respond) 

Type of burden 

(frequency of response) 

Number of 

respondents 

Number of 

responses per 

respondent 

Time per 

response 

(HH:MM) 

Annual 

burden 

(hours) 

1. § 349.2 Definition of ‘‘Eligible Master Netting Agreement,’’ paragraphs (4)(i) and (ii) 

§ 349.8(g) Documentation § 349.10 Documentation of Margin Matters (Mandatory).

Recordkeeping (Annual) .... 1 1 5:00 5 

2. § 349.7(c) Custody Agreement (Mandatory) Recordkeeping (Annual) .... 1 1 100:00 100 

3. § 349.8(c) and (d) Initial Margin Model 

(Mandatory).

Reporting (On occasion) ... 1 1 240:00 240 

4. § 349.8(f)(3) Initial Margin Modeling Report 

(Mandatory).

Reporting (On occasion) ... 1 1 50:00 50 

5. § 349.8(h) Escalation Procedures (Mandatory).Recordkeeping (Annual) .... 1 1 20:00 20 

6. § 349.9(e) Requests for Determinations 

(Required to Obtain Benefits).

Reporting (On Occasion) ... 1 1 10:00 10 

7. Documentation, 12 CFR 349.8(g) (Mandatory).Recordkeeping (Annual) .... 1 1 80:00 80 

Total Annual Burden (Hours) ................... ............................................ ........................ ........................ ........................ 505 

Source: FDIC. 

Note: The annual burden estimate for a given collection is calculated in two steps. First, the total number of annual responses is calculated as 

the whole number closest to the product of the annual number of respondents and the annual number of responses per respondent. Then, the 

total number of annual responses is multiplied by the time per response and rounded to the nearest hour to obtain the estimated annual burden 

for that collection. This rounding ensures the annual burden hours in the table are consistent with the values recorded in the OMB’s regulatory 

tracking system. 

General Description of Collection: The 

regulations at part 349 subpart A impose 

reporting and recordkeeping 

requirements, as defined by the PRA, on 

any FDIC-insured state-chartered bank 

that is not a member of the Federal 

Reserve System or FDIC-insured statechartered savings association that is 

registered as a swap entity (covered 

swap entity). As such, the FDIC must 

periodically obtain approval from the 

Office of Management and Budget 

(OMB) for these collections of 

information (ICs) with respect to 

covered swap entities. The OMB 

approves these ICs through OMB No. 

3064–0204, and last approved the ICR 

on September 8, 2020 (2020 ICR). OMB 

No. 3064–0204 is set to expire on 

September 30, 2023. The 2020 ICR 

contained eleven ICs comprising 1,261 

estimated annual responses for an 

estimated annual burden of 1,740 hours. 

There is no change in the substance 

or methodology of this information 

collection. The change in burden is due 

to the decline in estimated burden hours 

from 1.760 to 505 hours. The decline in 

estimated hours is driven primarily 

from a reduction in the number of ICs 

relative to the 2020 ICR. The ICs from 

the 2020 ICR that were not included in 

this renewal had an estimated 1,253 

annual responses and an estimated 

1,295 annual burden hours. 

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 


ddrumheller on DSK120RN23PROD with NOTICES1
Federal Register / Vol. 88, No. 184 / Monday, September 25, 2023 / Notices 65681 

1See 12 U.S.C. 1424(a). 

2See 12 U.S.C. 1424(b). 

3See 12 U.S.C. 1426(d). 

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. 

Federal Deposit Insurance Corporation. 

Dated at Washington, DC, on September 

20, 2023. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2023–20680 Filed 9–22–23; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL HOUSING FINANCE 

AGENCY 

[No. 2023–N–11] 

Proposed Collection; Comment 

Request 

AGENCY: Federal Housing Finance 

Agency. 

ACTION: Members of Federal Home Loan 

Banks—30-day notice of submission of 

information collection for approval from 

Office of Management and Budget. 

SUMMARY: In accordance with the 

requirements of the Paperwork 

Reduction Act of 1995 (PRA), the 

Federal Housing Finance Agency 

(FHFA) is seeking public comments 

concerning an information collection 

known as ‘‘Members of the Banks,’’ 

which has been assigned control 

number 2590–0003 by the Office of 

Management and Budget (OMB). FHFA 

intends to submit the information 

collection to OMB for review and 

approval of a three-year extension of the 

control number, which is due to expire 

on September 30, 2023. 

DATES: Interested persons may submit 

comments on or before October 25, 

2023. 

ADDRESSES: Submit comments to the 

Office of Information and Regulatory 

Affairs of the Office of Management and 

Budget, Attention: Desk Officer for the 

Federal Housing Finance Agency, 

Washington, DC 20503, Fax: (202) 395– 

3047, Email: OIRA_submission@

omb.eop.gov. Please also submit 

comments to FHFA, identified by 

‘‘Proposed Collection; Comment 

Request: ‘Members of the Banks, (No. 

2023–N–11)’ ’’ by any of the following 

methods: 

• Agency Website: www.fhfa.gov/ 

open-for-comment-or-input. 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. If 

you submit your comment to the 

Federal eRulemaking Portal, please also 

send it by email to FHFA at 

RegComments@fhfa.gov to ensure 

timely receipt by the agency. 

• Mail/Hand Delivery: Federal 

Housing Finance Agency, Office of 

General Counsel, 400 Seventh Street 

SW, Washington, DC 20219, 

ATTENTION: Proposed Collection; 

Comment Request: ‘‘Members of the 

Banks, (No. 2023–N–11).’’ 

We will post all public comments we 

receive without change, including any 

personal information you provide, such 

as your name and address, email 

address, and telephone number, on the 

FHFA website at http://www.fhfa.gov. 

Copies of all comments received will 

be available for examination by the 

public through the electronic comment 

docket for this PRA Notice also located 

on the FHFA website. 

FOR FURTHER INFORMATION CONTACT: 

Lindsay Spadoni, Assistant General 

Counsel, Lindsay.Spadoni@fhfa.gov, 

(202) 649–3634 or Angela Supervielle, 

Senior Counsel, Angela.Supervielle@

fhfa.gov, (202) 649–3973 (these are not 

toll-free numbers). For TTY/TRS users 

with hearing and speech disabilities, 

dial 711 and ask to be connected to any 

of the contact numbers above. 

SUPPLEMENTARY INFORMATION: 

A. Paperwork Reduction Act 

Under the PRA (44 U.S.C. 3501– 

3520), Federal agencies must obtain 

approval from OMB for each collection 

of information they conduct or sponsor. 

‘‘Collection of information’’ is defined 

in 44 U.S.C. 3502(3) and 5 CFR 

1320.3(c) to include agency requests or 

requirements that ten or more persons 

submit information to a third party. 

FHFA’s collection of information set 

forth in this document is titled 

‘‘Members of the Banks’’ (assigned 

control number 2590–0003 by OMB). To 

comply with the PRA requirement, 

FHFA is publishing notice of a proposed 

three-year extension of this collection of 

information and renewal of the control 

number, which is due to expire on 

September 30, 2023. 

A. Background 

The Federal Home Loan Bank System 

consists of eleven regional Federal 

Home Loan Banks (Banks) and the 

Office of Finance (a joint office of the 

Banks that issues and services the 

Banks’ debt securities). The Banks are 

wholesale financial institutions, 

organized under the authority of the 

Federal Home Loan Bank Act (Bank Act) 

to serve the public interest by enhancing 

the availability of residential housing 

finance and community lending credit 

through their member institutions and, 

to a limited extent, through certain 

eligible nonmembers. Each Bank is 

structured as a regional cooperative that 

is owned and controlled by member 

institutions located within its district, 

which are also its primary customers. 

The Banks carry out their public policy 

functions primarily by providing low 

cost loans, known as advances, to their 

members. With limited exceptions, an 

institution may obtain advances and 

access other products and services 

provided by a Bank only if it is a 

member of that Bank. 

The Bank Act limits membership in 

any Bank to specific types of financial 

institutions located within the Bank’s 

district that meet specific eligibility 

requirements. Section 4 of the Bank Act 

specifies the types of institutions that 

may be eligible for membership and 

establishes eligibility requirements that 

each type of applicant must meet in 

order to become a Bank member.1 That 

provision also specifies that (with 

limited exceptions) an eligible 

institution may become a member only 

of the Bank of the district in which the 

institution’s ‘‘principal place of 

business’’ is located.2 With respect to 

the termination of Bank membership, 

section 6(d) of the Bank Act sets forth 

requirements pursuant to which an 

institution may voluntarily withdraw 

from membership or a Bank may 

terminate an institution’s membership 

for cause.3

B. Need For and Use of the Information 

Collection 

FHFA’s regulation entitled ‘‘Members 

of the Banks,’’ located at 12 CFR part 

1263, implements the statutory 

provisions on Bank membership and 

otherwise establishes substantive and 

procedural requirements relating to the 

initiation and termination of 

membership. Many of the provisions in 

the membership regulation require that 

an institution submit information to a 

Bank or to FHFA, in most cases to 

demonstrate compliance with statutory 

or regulatory requirements or to request 

action by the Bank or Agency. 

There are four types of information 

collections that may occur under part 

1263. First, the regulation provides that 

(with limited exceptions) no institution 

may become a member of a Bank unless 

it has submitted to that Bank an 

application that documents the 

applicant’s compliance with the 


ddrumheller on DSK120RN23PROD with NOTICES1