72078 Federal Register / Vol. 88, No. 201 / Thursday, October 19, 2023 / Notices 

SUMMARY OF ESTIMATED ANNUAL BURDEN

[OMB No. 3064–0198] 

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. Generic Information Collection for 

Qualitative Research, (Voluntary).

Reporting (Once) .............................. 10,000 1 01:00 10,000 

Total Annual Burden (Hours) ..... ........................................................... ........................ ........................ ........................ 10,000 

Source: FDIC. 

General Description of Collection: The 

FDIC is requesting renewal of this 

approved collection to use occasional 

qualitative surveys to gather information 

from the public to inform qualitative 

research. While the subject and nature 

of the surveys to be deployed under this 

information collection are yet to be 

determined, based on prior experience it 

is expected that the number or 

respondents will range from a few to, at 

times, several thousands, but, in 

general, these surveys are expected to 

involve an average of 500 respondents. 

Likewise, the time to respond to the 

surveys can range from a few minutes to 

several hours, but, it is expected that the 

average time to respond to a survey is 

approximately one hour. These surveys 

are completely voluntary in nature. 

FDIC estimates that approximately 20 

such surveys will be conducted in any 

given year. Currently, the FDIC has a 

variety of methods to collect 

quantitative information from 

consumers and institutions (e.g., Call 

Reports, FDIC National Survey of 

Unbanked and Underbanked 

Households, etc.). Qualitative data 

would provide complementary 

information on insights, opinions, and 

perceptions that will inform how the 

FDIC approaches its mission to 

safeguard financial stability of the 

banking system and promote consumer 

protection and economic inclusion. This 

clearance would allow the FDIC to 

engage with consumers and other 

relevant stakeholders through 

qualitative research methods such as 

focus groups, in-depth interviews, 

cognitive testing, and/or qualitative 

virtual methods. The purpose of the 

surveys is, in general terms, to obtain 

anecdotal information about regulatory 

burden, problems or successes in the 

bank supervisory process (including 

both safety-and-soundness and 

consumer related exams), the perceived 

need for regulatory or statutory change, 

and similar concerns. The information 

in these surveys is anecdotal in nature, 

that is, samples are not necessarily 

random, the results are not necessarily 

representative of a larger class of 

potential respondents, and the goal is 

not to produce a statistically valid and 

reliable database. Rather, the surveys are 

expected to yield anecdotal information 

about the particular experiences and 

opinions of members of the public, 

primarily staff at respondent banks or 

bank customers. The collection is 

noncontroversial and does not raise 

issues of concern to other Federal 

agencies; with the exception of 

information needed to provide 

remuneration for participants of focus 

groups and cognitive laboratory studies, 

personally identifiable information (PII) 

is collected only to the extent necessary 

and is not retained. Participation in this 

information collection will be voluntary 

and conducted in-person, by phone, or 

using other methods, such as virtual 

technology. The types of collections that 

this generic clearance covers include, 

but are not limited to: Small discussion 

groups; focus groups of consumers, 

financial industry professionals, or 

other stakeholders; cognitive laboratory 

studies, such as those used to refine 

questions or assess usability of a 

website; qualitative customer 

satisfaction surveys (e.g., posttransaction surveys; opt-out web 

surveys); and in-person observation 

testing (e.g., website or software 

usability tests). 

There is no change in the substance 

or methodology of this information 

collection. 

Request for Comment 

Comments are invited on: (a) Whether 

the collections of information are 

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 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; and (d) ways to minimize the 

burden of the collections 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 October 13, 

2023. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2023–23054 Filed 10–18–23; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL HOUSING FINANCE 

AGENCY 

[No. 2023–N–12] 

Proposed Collection; Comment 

Request 

AGENCY: Federal Housing Finance 

Agency. 

ACTION: Federal Home Loan Bank 

Capital Stock—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 ‘‘Federal Home Loan Bank 

Capital Stock,’’ which has been assigned 

control number 2590–0002 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 November 30, 2023. 

DATES: Interested persons may submit 

comments on or before November 20, 

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 


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Federal Register / Vol. 88, No. 201 / Thursday, October 19, 2023 / Notices 72079 

1See 12 U.S.C. 1426(a). 

2See 12 U.S.C. 1426(b), (c). 

3See 12 U.S.C. 1426(c)(1); 12 CFR 1277.22, 

1277.28(a). 

Request: ‘Federal Home Loan Bank 

Capital Stock, (No. 2023–N–12)’ ’’ 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: ‘‘Federal Home Loan 

Bank Capital Stock, (No. 2023–N–12).’’ 

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 ‘‘Federal 

Home Loan Bank Capital Stock’’ 

(assigned control number 2590–0002 by 

OMB). To comply with the PRA 

requirement, FHFA is publishing notice 

of a proposed three-year extension of 

this collection of information, which is 

due to expire on November 30, 2023. 

B. Background 

The Federal Home Loan Bank System 

consists of eleven regional Federal 

Home Loan Banks (Banks) and the 

Office of Finance (a joint office that 

issues and services the Banks’ debt 

securities). The Banks are wholesale 

financial institutions, organized under 

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. An 

institution that is eligible for 

membership in a particular Bank must 

purchase and hold a prescribed 

minimum amount of the Bank’s capital 

stock in order to become and remain a 

member of that Bank. With limited 

exceptions, only an institution that is a 

member of a Bank may obtain access to 

low cost secured loans, known as 

advances, or other products provided by 

that Bank. 

Section 6 of the Bank Act establishes 

capital requirements for the Banks and 

requires FHFA to issue regulations 

prescribing uniform capital standards 

applicable to all of the Banks.1 Section 

6 also establishes parameters relating to 

the Banks’ capital structures and 

requires that each Bank adopt a ‘‘capital 

structure plan’’ (capital plan) to 

establish, within those statutory 

parameters, its own capital structure 

and to establish requirements for, and 

govern transactions in, the Bank’s 

capital stock.2 FHFA’s regulations on 

Bank Capital Requirements, Capital 

Stock, and Capital Plans are located at 

12 CFR part 1277. 

C. Need for and Use of the Information 

Collection 

Both the Bank Act and FHFA’s 

regulations state that a Bank’s capital 

plan must require its members to 

maintain a minimum investment in the 

Bank’s capital stock, but both permit 

each Bank to determine for itself what 

that minimum investment is and how 

each member’s required minimum 

investment is to be calculated.3

Although each Bank’s capital plan 

establishes a slightly different method 

for calculating the required minimum 

stock investment for its members, each 

Bank’s method is tied to some degree to 

both the level of assets held by the 

member institution (typically referred to 

as a ‘‘membership stock purchase 

requirement’’) and the amount of 

advances or other business engaged in 

between the member and the Bank 

(typically referred to as an ‘‘activitybased stock purchase requirement’’). 

A Bank must collect information from 

its members to determine the minimum 

capital stock investment each member is 

required to maintain at any point in 

time. Although the information needed 

to calculate a member’s required 

minimum investment and the precise 

method through which it is collected 

differ somewhat from Bank to Bank, the 

Banks typically collect two types of 

information. First, in order to calculate 

and monitor compliance with its 

membership stock purchase 

requirement, a Bank typically requires 

each member to provide and/or confirm 

an annual report on the amount and 

types of assets held by that institution. 

Second, each time a Bank engages in a 

business transaction with a member, the 

Bank typically confirms with the 

member the amount of additional Bank 

capital stock, if any, the member must 

acquire in order to satisfy the Bank’s 

activity-based stock purchase 

requirement and the method through 

which the member will acquire that 

stock. 

The OMB number for the information 

collection is 2590–0002, which is due to 

expire on November 30, 2023. The 

likely respondents include current and 

former Bank members and institutions 

applying for Bank membership. 

D. Burden Estimate 

FHFA has analyzed the time burden 

imposed on respondents by the two 

collections under this control number 

and estimates that the average total 

annual hour burden imposed on all 

respondents over the next three years 

will be 20,245 hours. The estimate for 

each collection was calculated as 

follows: 

1. Membership Stock Purchase 

Requirement Submissions 

FHFA estimates that the average 

annual number of current and former 

members and applicants for 

membership required to report 

information needed to calculate a 

membership stock purchase 

requirement will be 6,550, and that each 

institution will submit one report per 

year, resulting in an estimated total of 

6,550 submissions annually. The 

estimate for the average time required to 

prepare, review, and submit each report 

is 0.7 hours. Accordingly, the estimate 

for the annual hour burden associated 

with membership stock purchase 

requirement submissions is (6,550 

reports × 0.7 hours per report) = 4,585 

hours. 


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72080 Federal Register / Vol. 88, No. 201 / Thursday, October 19, 2023 / Notices 

4See 88 FR 53484 (Aug. 8, 2023). 

2. Activity-Based Stock Purchase 

Requirement Submissions 

FHFA estimates that the average 

number of daily transactions between 

Banks and members that will require the 

exchange of information to confirm the 

member’s activity-based stock purchase 

requirement will be 300, and that there 

will be an average of 261 working days 

per year, resulting in an estimated 

78,300 submissions annually. The 

estimate for the average preparation 

time per submission is 0.2 hours. 

Accordingly, the estimate for the annual 

hour burden associated with activitybased stock purchase requirement 

submissions is (78,300 submissions × 

0.2 hours per submission) = 15,660 

hours. 

E. Comment Request 

In accordance with the requirements 

of 5 CFR 1320.8(d), FHFA published an 

initial notice and request for public 

comments regarding this information 

collection in the Federal Register on 

August 8, 2023.4 The 60-day comment 

period closed on October 10, 2023. 

FHFA received no substantive 

comments. 

FHFA requests written comments on 

the following: (1) whether the collection 

of information is necessary for the 

proper performance of FHFA functions, 

including whether the information has 

practical utility; (2) the accuracy of 

FHFA’s estimates of the burdens of the 

collection of information; (3) ways to 

enhance the quality, utility, and clarity 

of the information collected; and (4) 

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. 

Shawn Bucholtz, 

Chief Data Officer, Federal Housing Finance 

Agency. 

[FR Doc. 2023–23067 Filed 10–18–23; 8:45 am] 

BILLING CODE 8070–01–P 

FEDERAL RESERVE SYSTEM 

Sunshine Meeting Notice 

AGENCY HOLDING THE MEETING: Board of 

Governors of the Federal Reserve 

System. 

TIME AND DATE: 1:00 p.m. on Wednesday, 

October 25, 2023. 

PLACE: Martin Federal Reserve Board 

Building, C Street entrance between 

20th and 21st Streets NW, Washington, 

DC 20551. 

STATUS: Open. 

On the day of the meeting, you will 

be able to view the meeting via webcast 

from a link available on the Board’s 

website. You do not need to register to 

view the webcast of the meeting. A link 

to the meeting documentation will also 

be available approximately 20 minutes 

before the start of the meeting. Both 

links may be accessed from the Board’s 

website at www.federalreserve.gov. 

If you plan to attend the open meeting 

in person, we ask that you notify us in 

advance and provide your name, date of 

birth, and social security number (SSN) 

or passport number. You may provide 

this information by calling 202–452– 

2474 or you may register online 

www.federalreserve.gov. You may preregister until close of business on 

October 24, 2023. You also will be asked 

to provide identifying information, 

including a photo ID, before being 

admitted to the Board meeting. The 

Public Affairs Office must approve the 

use of cameras; please email media@

frb.gov for further information. If you 

need an accommodation for a disability, 

please contact Penelope Beattie on 202– 

452–3982. For users of telephone 

systems via text telephone (TTY) or any 

TTY-based Telecommunications Relay 

Services (TRS), please call 202–263– 

4869 or dial 7–1–1 from any telephone, 

anywhere in the United States. 

Privacy Act Notice: The information 

you provide will be used to assist us in 

prescreening you to ensure the security 

of the Board’s premises and personnel. 

In order to do this, we may disclose 

your information consistent with the 

routine uses listed in the Privacy Act 

Notice for BGFRS–32, including to 

appropriate federal, state, local, or 

foreign agencies where disclosure is 

reasonably necessary to determine 

whether you pose a security risk or 

where the security or confidentiality of 

your information has been 

compromised. We are authorized to 

collect your information by 12 U.S.C. 

243 and 248, and Executive Order 9397. 

In accordance with Executive Order 

9397, we collect your SSN so that we 

can keep accurate records, because other 

people may have the same name and 

birth date. In addition, we use your SSN 

when we make requests for information 

about you from law enforcement and 

other regulatory agency databases. 

Furnishing the information requested is 

voluntary; however, your failure to 

provide any of the information 

requested may result in disapproval of 

your request for access to the Board’s 

premises. You may be subject to a fine 

or imprisonment under 18 U.S.C. 1001 

for any false statements you make in 

your request to enter the Board’s 

premises. 

MATTERS TO BE CONSIDERED: 

Discussion Agenda 

1. Proposed revisions to the Board’s 

debit interchange fee cap. 

Notes: 1. For those attending in 

person, the staff memo will be available 

to attendees on the day of the meeting 

in paper. Meeting documentation will 

be available on the Board’s website 

about 20 minutes before the start of the 

meeting. 

2. This meeting will be recorded for 

the benefit of those unable to attend. 

The webcast recording and a transcript 

of the meeting will be available after the 

meeting on the Board’s website http://

www.federalreserve.gov/aboutthefed/ 

boardmeetings/. 

For questions please contact: Public 

Affairs Office at media@frb.gov. 

SUPPLEMENTARY INFORMATION: You may 

access the Board’s website at 

www.federalreserve.gov for an electronic 

announcement. (The website also 

includes procedural and other 

information about the open meeting.) 

Dated: October 16, 2023. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2023–23116 Filed 10–18–23; 8:45 am] 

BILLING CODE 6210–01–P 

DEPARTMENT OF HEALTH AND 

HUMAN SERVICES 

Food and Drug Administration 

[Docket No. FDA–2023–D–4356] 

Enforcement Policy for Non-Invasive 

Remote Monitoring Devices Used To 

Support Patient Monitoring; Guidance 

for Industry and Food and Drug 

Administration Staff; Availability 

AGENCY: Food and Drug Administration, 

HHS. 

ACTION: Notice of availability. 

SUMMARY: The Food and Drug 

Administration (FDA or Agency) is 

announcing the availability of a final 

guidance entitled ‘‘Enforcement Policy 

for Non-Invasive Remote Monitoring 

Devices Used to Support Patient 

Monitoring.’’ The enforcement policy 

described in this guidance applies to 

modified devices where the original 

device was a legally marketed, noninvasive remote monitoring device 

listed in the guidance that measures or 

detects common physiological 

parameters and that is used to support 

patient monitoring. The guidance is 

intended to describe the enforcement 

policy for limited modifications to the 

indications, functionality, or hardware 


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