88920 Federal Register / Vol. 88, No. 246 / Tuesday, December 26, 2023 / Notices 

1 Large savings and loan holding companies are 

also subject to capital planning requirements, 

pursuant to Subpart S of the Board’s Regulation LL 

(12 CFR part 238, subpart S). The collections of 

information included in that Subpart are accounted 

for in the Board’s FR LL Paperwork Reduction Act 

(PRA) clearance (OMB No. 7100–0380). 

1 12 U.S.C. 1851. 

2The Board issued Regulation VV in conjunction 

with the Office of the Comptroller of the Currency, 

Federal Deposit Insurance Corporation, Commodity 

Futures Trading Commission, and Securities and 

Exchange Commission (collectively, the agencies), 

with each of the agencies promulgating regulations 

implementing section 13 of the BHC Act. 

3The term ‘‘proprietary trading’’ means engaging 

as principal for the trading account of the banking 

entity in any purchase or sale of one or more 

financial instruments. See 12 CFR 248.3(a). 

4More detailed information regarding this 

collection, including more detailed burden 

estimates, can be found in the OMB Supporting 

Statement posted at https://www.federalreserve.gov/ 

apps/reportingforms/home/review. On the page 

displayed at the link, you can find the OMB 

Supporting Statement by referencing the collection 

identifier, FR VV. 

section 225.8, in whole or in part, by 

order of the Board; and any nonbank 

financial company supervised by the 

Board that is made subject to section 

225.8 pursuant to a rule or order of the 

Board.1

Total estimated number of 

respondents: 34. 

Total estimated annual burden hours: 

177,562. 

Current actions: On September 11, 

2023, the Board published a notice in 

the Federal Register (88 FR 62370) 

requesting public comment for 60 days 

on the extension, without revision, of 

the FR Y–13. The comment period for 

this notice expired on November 13, 

2023. The Board did not receive any 

comments. 

Board of Governors of the Federal Reserve 

System, December 19, 2023. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2023–28346 Filed 12–22–23; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) is 

adopting a proposal to extend for three 

years, without revision, the Reporting, 

Recordkeeping, and Disclosure 

Requirements Associated with 

Regulation VV (FR VV; OMB No. 7100– 

0360). 

FOR FURTHER INFORMATION CONTACT: 

Federal Reserve Board Clearance 

Officer—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, nuha.elmaghrabi@frb.gov, (202) 

452–3884. 

Office of Management and Budget 

(OMB) Desk Officer for the Federal 

Reserve Board, Office of Information 

and Regulatory Affairs, Office of 

Management and Budget, New 

Executive Office Building, Room 10235, 

725 17th Street NW, Washington, DC 

20503, or by fax to (202) 395–6974. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, OMB delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve and 

assign OMB control numbers to 

collections of information conducted or 

sponsored by the Board. Boardapproved collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. The OMB 

inventory, as well as copies of the PRA 

Submission, supporting statements 

(which contain more detailed 

information about the information 

collections and burden estimates than 

this notice), and approved collection of 

information instrument(s) are available 

at https://www.reginfo.gov/public/do/ 

PRAMain. These documents are also 

available on the Federal Reserve Board’s 

public website at https://www.federal

reserve.gov/apps/reportingforms/home/ 

review or may be requested from the 

agency clearance officer, whose name 

appears above. 

Final Approval Under OMB Delegated 

Authority of the Extension for Three 

Years, Without Revision, of the 

Following Information Collection 

Collection title: Reporting, 

Recordkeeping, and Disclosure 

Requirements Associated with 

Regulation VV. 

Collection identifier: FR VV. 

OMB control number: 7100–0360. 

General description of collection: 

Section 13 of the Bank Holding 

Company Act of 1956 (BHC Act) 1 and 

the Board’s implementing regulation, 

Regulation VV—Proprietary Trading 

and Certain Interests in and 

Relationships with Covered Funds (12 

CFR part 248),2 restrict the ability of 

banking entities to engage in proprietary 

trading 3 or to have certain interests in, 

or relationships with, a hedge fund or 

private equity fund. Respondents must 

submit certain information to facilitate 

the monitoring and enforcement of these 

restrictions. 

Frequency: Quarterly, annual, and 

event-generated. 

Respondents: State member banks, 

bank holding companies, savings and 

loan holding companies, foreign 

banking organizations, U.S. branches or 

agencies of foreign banks, and other 

holding companies that control an 

insured depository institution. 

Respondents may also include any 

subsidiary of the foregoing. 

Total estimated number of 

respondents: 231. 

Total estimated annual burden hours: 

30,676.4

Current actions: On September 28, 

2023, the Board published a notice in 

the Federal Register (88 FR 66846) 

requesting public comment for 60 days 

on the extension, without revision, of 

the FR VV. The comment period for this 

notice expired on November 27, 2023. 

The Board did not receive any 

comments. 

Board of Governors of the Federal Reserve 

System, December 19, 2023. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2023–28347 Filed 12–22–23; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Proposed Agency Information 

Collection Activities; Comment 

Request 

AGENCY: Board of Governors of the 

Federal Reserve System. 

ACTION: Notice, request for comment. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) invites 

comment on a proposal to extend for 

three years, without revision, the 

Recordkeeping and Disclosure 

Requirements and Provisions 

Associated with Real Estate Appraisal 

Standards (FR Y–30; OMB No. 7100– 

0250). 

DATES: Comments must be submitted on 

or before February 26, 2024. 

ADDRESSES: You may submit comments, 

identified by FR Y–30, by any of the 

following methods: 

• Agency Website: https://

www.federalreserve.gov/. Follow the 

instructions for submitting comments at 

https://www.federalreserve.gov/apps/ 

foia/proposedregs.aspx. 

• Email: regs.comments@

federalreserve.gov. Include the OMB 

number or FR number in the subject line 

of the message. 

• Fax: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Federal Reserve Board of 

Governors, Attn: Ann E. Misback, 

Secretary of the Board, Mailstop M– 


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