[Federal Register Volume 88, Number 246 (Tuesday, December 26, 2023)]
[Notices]
[Pages 88919-88920]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-28346]


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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 and Recordkeeping Requirements Associated with Regulation Y 
(Capital Plans) (FR Y-13; OMB No. 7100-0342).

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, <a href="/cdn-cgi/l/email-protection#9af4eff2fbb4fff6f7fbfdf2e8fbf8f3dafce8f8b4fdf5ec"><span class="__cf_email__" data-cfemail="5c3229343d723930313d3b342e3d3e351c3a2e3e723b332a">[email protected]</span></a>, (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. Board-approved 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.federalreserve.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 and Recordkeeping Requirements 
Associated with Regulation Y (Capital Plans).
    Collection identifier: FR Y-13.
    OMB control number: 7100-0342.
    General description of collection: In addition to other reporting 
and recordkeeping requirements, Section 225.8 of Regulation Y--Bank 
Holding Companies and Change in Bank Control (12 CFR 225.8) requires 
respondents to submit a capital plan to the Board on an annual basis 
and to request prior approval from the Board under certain 
circumstances before making a capital distribution.
    Frequency: Annually and on occasion.
    Respondents: Top-tier bank holding companies (BHCs) domiciled in 
the United States with $100 billion or more in total consolidated 
assets; U.S. intermediate holding companies with total consolidated 
assets of $100 billion or more; any other BHC domiciled in the United 
States that is made subject to

[[Page 88920]]

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\
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    \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).
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    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


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