Federal Register / Vol. 89, No. 33 / Friday, February 16, 2024 / Notices 12343 

1More 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 GTU. 

1See 70 FR 15736 (March 29, 2005). 

2More 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 4100. 

with the regulation and to monitor 

margin credit. 

The FR T–4, FR U–1, and FR G–3 are 

forms that implement recordkeeping 

requirements for brokers and dealers, 

banks, and other lenders, respectively. 

The FR T–4 documents the purpose of 

credit being extended when that credit 

is not to purchase, carry, or trade in 

securities and the credit is in excess of 

that otherwise permitted under 

Regulation T. The FR G–3 and FR U–1 

document the purpose of loans secured 

by margin stock. 

Proposed revisions: The Board 

proposes to revise the FR G–1 and FR 

G–4 by updating the confidentiality 

treatment as contained in the reporting 

instructions to state that individual 

respondents may request that 

information submitted to the Board 

through the FR G–1 and FR G–4 be kept 

confidential and the Board will evaluate 

whether such treatment is appropriate 

on a case-by-case basis. The reports 

currently state that the Board considers 

the information submitted to be 

confidential. The Board believes these 

changes more accurately reflect its 

obligations under the Privacy Act of 

1974, 5 U.S.C. 552a. There are no 

changes being proposed to the FR G–2, 

FR G–3, FR T–4, or FR U–1. 

Frequency: Event-generated. 

Respondents: The FR G–1, FR G–2, FR 

G–3, and FR G–4 panels comprise 

lenders, other than banks, brokers, or 

dealers, that extend margin credit, 

including federal and state credit 

unions; insurance companies; 

commercial and consumer credit 

organizations; production credit 

associations; small businesses; 

insurance premium funding plans; planlenders (a company or its affiliate that 

extends credit to employees to purchase 

company stock under an eligible 

employee stock option or stock 

purchase plan); and lenders to 

Employee Stock Ownership Plans 

(ESOPs), thrift plans, and broker-dealer 

affiliates. The FR T–4 panel comprises 

brokers and dealers and the FR U–1 

panel comprises banks. 

Total estimated number of 

respondents: FR G–1, 25; FR G–2, 12; FR 

G–3, 10; FR G–4, 129; FR T–4, 14; FR 

U–1, 14. 

Estimated average hours per response: 

FR G–1, 1.65; FR G–2, 0.53; FR G–3, 

0.25; FR G–4, 2.07; FR T–4, 0.25; FR U– 

1, 0.25. 

Total estimated annual burden hours: 

697.1

Board of Governors of the Federal Reserve 

System, February 12, 2024. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2024–03221 Filed 2–15–24; 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 

Provisions Associated with the 

Guidance on Response Programs for 

Unauthorized Access to Customer 

Information and Customer Notice (FR 

4100; OMB No. 7100–0309). 

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 

Provisions Associated with the 

Guidance on Response Programs for 

Unauthorized Access to Customer 

Information and Customer Notice. 

Collection identifier: FR 4100. 

OMB control number: 7100–0309. 

General description of collection: The 

FR 4100 is the Board’s information 

collection associated with the 

Interagency Guidance on Response 

Programs for Unauthorized Access to 

Customer Information and Customer 

Notice (ID-Theft Guidance or Guidance). 

The ID-Theft Guidance was published 

in the Federal Register in March 2005.1

The ID-Theft Guidance was issued in 

response to developing trends in the 

theft and accompanying misuse of 

customer information. The Guidance 

includes certain voluntary reporting, 

recordkeeping, and disclosure 

provisions. 

Frequency: Event-generated. 

Respondents: State member banks, 

bank holding companies (BHCs), 

affiliates and certain non-banking 

subsidiaries of BHCs, uninsured state 

agencies and branches of foreign banks, 

commercial lending companies owned 

or controlled by foreign banks, savings 

and loan holding companies, and Edge 

and agreement corporations. 

Total estimated number of 

respondents: 391. 

Total estimated annual burden hours: 

12,120.2

Current actions: On September 28, 

2023, the Board published a notice in 

the Federal Register (88 FR 66845) 

requesting public comment for 60 days 

on the extension, without revision, of 

the FR 4100. The comment period for 

this notice expired on November 27, 

2023. The Board did not receive any 

comments. 


lotter on DSK11XQN23PROD with NOTICES1
12344 Federal Register / Vol. 89, No. 33 / Friday, February 16, 2024 / Notices 

1Correspondent means a U.S. depository 

institution or a foreign bank to which a bank has 

exposure but does not include a commonly 

controlled correspondent. 12 CFR 206.2(c). 

2The Board takes burden under the Paperwork 

Reduction Act with respect to all such entities. 

3More detailed information regarding this 

collection, including more detailed burden 

Board of Governors of the Federal Reserve 

System, February 12, 2024. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2024–03220 Filed 2–15–24; 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 Requirements 

Associated with Regulation F (FR F; 

OMB No. 7100–0331). 

DATES: Comments must be submitted on 

or before April 16, 2024. 

ADDRESSES: You may submit comments, 

identified by FR F, 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– 

4775, 2001 C St. NW, Washington, DC 

20551. 

All public comments are available 

from the Board’s website at https://

www.federalreserve.gov/apps/foia/ 

proposedregs.aspx as submitted, unless 

modified for technical reasons or to 

remove personally identifiable 

information at the commenter’s request. 

Accordingly, comments will not be 

edited to remove any confidential 

business information, identifying 

information, or contact information. 

Public comments may also be viewed 

electronically or in paper in Room M– 

4365A, 2001 C St. NW, Washington, DC 

20551, between 9:00 a.m. and 5:00 p.m. 

on weekdays, except for Federal 

holidays. For security reasons, the 

Board requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 452–3684. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and to submit to security 

screening in order to inspect and 

photocopy comments. 

Additionally, commenters may send a 

copy of their comments to the 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. 

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. 

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. In exercising 

this delegated authority, the Board is 

directed to take every reasonable step to 

solicit comment. In determining 

whether to approve a collection of 

information, the Board will consider all 

comments received from the public and 

other agencies. 

During the comment period for this 

proposal, a copy of the proposed PRA 

OMB submission, including the draft 

reporting form and instructions, 

supporting statement (which contains 

more detail about the information 

collection and burden estimates than 

this notice), and other documentation, 

will be made available on the 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 versions of these 

documents will be made available at 

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

PRAMain, if approved. 

Request for Comment on Information 

Collection Proposal 

The Board invites public comment on 

the following information collection, 

which is being reviewed under 

authority delegated by the OMB under 

the PRA. Comments are invited on the 

following: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the Board’s functions, 

including whether the information has 

practical utility; 

b. The accuracy of the Board’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; 

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; and 

e. Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

At the end of the comment period, the 

comments and recommendations 

received will be analyzed to determine 

the extent to which the Board should 

modify the proposal. 

Proposal Under OMB Delegated 

Authority To Extend for Three Years, 

Without Revision, Following 

Information Collection 

Collection title: Recordkeeping 

Requirements Associated with 

Regulation F. 

Collection identifier: FR F. 

OMB control number: 7100–0331. 

General description of collection: The 

Board’s Regulation F—Limitations on 

Interbank Liabilities (12 CFR part 206) 

establishes limits on depository 

institutions’ credit exposure to 

individual correspondents in order to 

mitigate the risk that the failure of a 

correspondent would pose to an insured 

depository institution.1 Section 206.3 of 

Regulation F requires insured 

depository institutions to establish and 

maintain policies and procedures 

designed to prevent excessive exposure 

to correspondents. 

Frequency: This information 

collection contains recordkeeping 

requirements. The creation of written 

policies and procedures concerning 

interbank liabilities is a mandatory onetime requirement. Subsequent changes 

to these policies and procedures would 

be on occasion, and they must be 

reviewed and approved by the 

depository institution’s board of 

directors at least annually. The policies 

and procedures must be maintained, as 

amended. 

Respondents: All depository 

institutions insured by the Federal 

Deposit Insurance Corporation (FDIC).2

Total estimated number of 

respondents: 4,655. 

Total estimated annual burden hours: 

4,753.3


lotter on DSK11XQN23PROD with NOTICES1