Federal Register / Vol. 80, No. 32 / Wednesday, February 18, 2015 / Notices 8763 

8See 12 CFR part 3, subpart F (OCC); 12 CFR part 

217 subpart F (Board); and 12 CFR part 324, subpart 

F (FDIC). 

9Consolidated Reports of Condition and Income 

for a Bank with Domestic and Foreign Offices 

(FFIEC 031), Consolidated Reports of Condition and 

Income for a Bank with Domestic Offices Only 

(FFIEC 041), Consolidated Financial Statements for 

Holding Companies (FR Y–9C), and Regulatory 

Capital Reporting for Institutions Subject to the 

Advanced Capital Adequacy Framework (FFIEC 

101) (OMB Numbers: OCC, 1557–0239; Board, 

7100–0319; and FDIC, 3064–0159). 

calculation of items pertaining to the 

comprehensive risk capital requirement. 

The agencies have updated the relevant 

items on the reporting form and 

instructions to align with the 

calculation methodology for the 

comprehensive risk capital requirement 

in the market risk capital rule.8

The proposed reporting form also has 

a Memoranda section that is comprised 

of 22 line items. Because these line 

items do not directly contribute to the 

determination of market RWAs, they 

would be reported in the separate 

Memoranda section. The agencies 

believe that these items will provide 

additional insight into the risk profile of 

a market risk institution’s trading 

activity. For example, the first twelve 

lines of the Memoranda section will 

contribute to the agencies’ 

understanding of the degree to which 

diversification effects across the 

principal market risk drivers are 

material. 

In developing this proposal, the 

agencies considered several tradeoffs 

between the reporting burden on market 

risk institutions and the information 

needs of bank supervisors. One issue 

that the agencies identified was that 

market risk institutions have exposures 

in certain products that might fit into 

more than one of the specified risk 

categories (e.g., interest rate, equity, 

foreign exchange, commodities, and 

credit). For example, convertible 

securities will mostly be subject to 

interest rate risk unless their value 

converges with that of the underlying 

equity. Similarly, foreign exchange 

swaps are primarily interest rate 

positions, but it is possible that a market 

risk institution might classify some as 

subject to foreign exchange risk. 

Accordingly, for purposes of reporting 

the VaR- or stressed VaR-based 

measures on the FFIEC 102, market risk 

institutions may classify their exposures 

in the same risk categories in which 

they are reported internally. Similarly, 

for purposes of reporting on the 

proposed FFIEC 102, the agencies have 

proposed to define diversification 

benefit as any adjustment to VaR- or 

stressed VaR-based measures that a 

market risk institution makes to reflect 

the absence of a perfect statistical 

correlation between the values of the 

underlying positions. The agencies also 

recognize that some market risk 

institutions may not adjust for 

diversification benefits in their VaR- or 

stressed VaR-based estimates, and in 

that case a market risk institution would 

not be required to estimate such benefits 

for purposes of reporting on the FFIEC 

102. 

V. Electronic Submission of Reports 

Consistent with the requirements for 

the agencies’ reports that collect data 

under the current regulatory capital 

reporting requirements,9 market risk 

institutions subject to the proposed 

reporting requirements would be 

required to submit the FFIEC 102 in an 

electronic format using file 

specifications and formats to be 

determined by the agencies. 

VI. Request for Comment 

Public comment is requested on all 

aspects of this joint notice. In particular, 

do market risk institutions expect that 

making any specific line items on the 

proposed FFIEC 102 public would cause 

them competitive or other harm? If so, 

please identify the specific line items 

and describe in detail the nature of the 

harm. 

Additionally, comments are invited 

on: 

(a) Whether the collections of 

information that are the subject of this 

notice are necessary for the proper 

performance of the agencies’ functions, 

including whether the information has 

practical utility; 

(b) The accuracy of the agencies’ 

estimates of the burden of the 

information collections as they are 

proposed to be revised, 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 collections on respondents, 

including through the use of automated 

collection techniques or other forms of 

information technology; and 

(e) Estimates of capital or start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide the information. 

Comments submitted in response to 

this joint notice will be shared among 

the agencies. All comments will become 

a matter of public record. 

Dated: February 6, 2015. 

Stuart Feldstein, 

Director, Legislative and Regulatory Activities 

Division, Office of the Comptroller of the 

Currency. 

Board of Governors of the Federal Reserve 

System, February 10, 2015. 

Robert deV. Frierson, 

Secretary of the Board. 

Dated at Washington, DC, this 6th day of 

February, 2015. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2015–03265 Filed 2–17–15; 8:45 am] 

BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P 

FEDERAL RETIREMENT THRIFT 

INVESTMENT BOARD 

Sunshine Act; Notice of Meeting 

TIME AND DATE: 10:00 a.m. February 23, 

2015 (Telephonic). 

PLACE: 10th Floor Board Meeting Room, 

77 K Street, NE., Washington, DC 20002. 

STATUS: Open to the public. 

MATTERS TO BE CONSIDERED: 

Open to the Public 

1. Approval of the Minutes of the 

January 26, 2015 Board Member 

Meeting 

2. Monthly Reports 

a. Monthly Participant Activity Report 

b. Monthly Investment Policy Report 

c. Legislative Report 

3. Internal Audit Plan 

CONTACT PERSON FOR MORE INFORMATION: 

Kimberly Weaver, Director, Office of 

External Affairs, (202) 942–1640. 

Dated: February 13, 2015. 

Megan Grumbine, 

Deputy General Counsel, Federal Retirement 

Thrift Investment Board. 

[FR Doc. 2015–03424 Filed 2–13–15; 11:15 am] 

BILLING CODE 6720–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0321] 

Proposed Information Collection 

(Appointment of Veterans Service 

Organization/or Individuals as 

Claimant’s Representative) Activity: 

Comment Request 

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: The Veterans Benefits 

Administration (VBA), Department of 


emcdonald on DSK67QTVN1PROD with NOTICES
8764 Federal Register / Vol. 80, No. 32 / Wednesday, February 18, 2015 / Notices 

Veterans Affairs (VA), is announcing an 

opportunity for public comment on the 

proposed collection of certain 

information by the agency. Under the 

Paperwork Reduction Act (PRA) of 

1995, Federal agencies are required to 

publish notice in the Federal Register 

concerning each proposed collection of 

information, including each proposed 

revision of currently approved 

collection, and allow 60 days for public 

comment in response to the notice. This 

notice solicits comments for information 

needed to determine whether claimant 

appointed a veterans service 

organization or an individual to 

prosecute their VA claims. 

DATES: Written comments and 

recommendations on the proposed 

collection of information should be 

received on or before April 20, 2015. 

ADDRESSES: Submit written comments 

on the collection of information through 

Federal Docket Management System 

(FDMS) at www.Regulations.gov or to 

Nancy J. Kessinger, Veterans Benefits 

Administration (20M33), Department of 

Veterans Affairs, 810 Vermont Avenue 

NW., Washington, DC 20420 or email to 

nancy.kessinger@va.gov. Please refer to 

‘‘OMB Control No. 2900–0321’’ in any 

correspondence. During the comment 

period, comments may be viewed online 

through FDMS. 

FOR FURTHER INFORMATION CONTACT: 

Nancy J. Kessinger at (202) 632–8924 or 

FAX (202) 632–8925. 

SUPPLEMENTARY INFORMATION: Under the 

PRA of 1995 (Pub. L. 104–13; 44 U.S.C. 

3501—3521), Federal agencies must 

obtain approval from the Office of 

Management and Budget (OMB) for each 

collection of information they conduct 

or sponsor. This request for comment is 

being made pursuant to Section 

3506(c)(2)(A) of the PRA. 

With respect to the following 

collection of information, VBA invites 

comments on: (1) Whether the proposed 

collection of information is necessary 

for the proper performance of VBA’s 

functions, including whether the 

information will have practical utility; 

(2) the accuracy of VBA’s estimate of the 

burden of the proposed collection of 

information; (3) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; and (4) 

ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of automated collection techniques or 

the use of other forms of information 

technology. 

Titles: 

a. Appointment of Veterans Service 

Organization as Claimant’s 

Representative, VA Form 21–22. 

b. Appointment of Individual as 

Claimant’s Representative, VA Form 21– 

22a. 

OMB Control Number: 2900–0321. 

Type of Review: Revision of a 

currently approved collection. 

Abstract: Claimants complete VA 

Forms 21–22 and 21–22a to appoint a 

veterans service organization or an 

individual to assist in the preparation, 

representation, and prosecution of 

claims for VA benefits and to authorize 

VA to disclose any or all records to the 

appointed representative. 

Affected Public: Individuals or 

households. 

Estimated Annual Burden: 

a. VA Form 21–22—27,083 hours. 

b. VA Form 21–22a—533 hours. 

Estimated Average Burden per 

Respondent: 5 minutes. 

Frequency of Response: One-time. 

Estimated Number of Respondents: 

a. VA Form 21–22—325,000. 

b. VA Form 251–22a—6,400. 

Dated: February 12, 2015. 

By direction of the Secretary. 

Crystal Rennie, 

Department Clearance Officer, Department of 

Veterans Affairs. 

[FR Doc. 2015–03248 Filed 2–17–15; 8:45 am] 

BILLING CODE 8320–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0674] 

Proposed Information Collection 

(Clarification of a Notice of 

Disagreement) Activity Comment 

Request 

AGENCY: Board of Veterans’ Appeals, 

Department of Veterans Affairs. 

ACTION: Notice. 

SUMMARY: The Board of Veterans’ 

Appeals (BVA), Department of Veterans 

Affairs (VA), is announcing an 

opportunity for public comment on the 

proposed collection of certain 

information by the agency. Under the 

Paperwork Reduction Act (PRA) of 

1995, Federal agencies are required to 

publish notice in the Federal Register 

concerning each proposed collection of 

information, including each proposed 

revision of a currently approved 

collection, and allow 60 days for public 

comment in response to the notice. This 

notice solicits comments on the 

information needed to clarify actions 

taken by the agency of original 

jurisdiction regarding a claimant’s 

disagreement with his or her rating 

decision. 

DATES: Written comments and 

recommendations on the proposed 

collection of information should be 

received on or before April 20, 2015. 

ADDRESSES: Submit written comments 

on the collection of information through 

Federal Docket Management System 

(FDMS) at www.Regulations.gov or to 

Sue Hamlin, Board of Veterans’ Appeals 

(01C2), Department of Veterans Affairs, 

810 Vermont Avenue NW., Washington, 

DC 20420 or email sue.hamlin@va.gov. 

Please refer to ‘‘OMB Control No. 2900– 

0674’’ in any correspondence. During 

the comment period, comments may be 

viewed online through FDMS. 

FOR FURTHER INFORMATION CONTACT: Sue 

Hamlin at (202) 632–5100 or fax (202) 

632–5841. 

SUPPLEMENTARY INFORMATION: Under the 

PRA of 1995 (Pub. L. 104–13; 44 U.S.C. 

3501–3521), Federal agencies must 

obtain approval from the Office of 

Management and Budget (OMB) for each 

collection of information they conduct 

or sponsor. This request for comment is 

being made pursuant to Section 

3506(c)(2)(A) of the PRA. 

With respect to the following 

collection of information, BVA invites 

comments on: (1) Whether the proposed 

collection of information is necessary 

for the proper performance of BVA’s 

functions, including whether the 

information will have practical utility; 

(2) the accuracy of BVA’s estimate of the 

burden of the proposed collection of 

information; (3) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; and (4) 

ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of automated collection techniques or 

the use of other forms of information 

technology. 

Title: Clarification of Notice of 

Disagreement. 

OMB Control Number: 2900–0674. 

Type of Review: Revision of a 

currently approved collection. 

Abstract: A Notice of Disagreement 

(NOD) is a written communication from 

a claimant or his or her representative 

to express disagreement or 

dissatisfaction with the result of an 

adjudicative determination by the 

agency of original jurisdiction (AOJ). 

The data collected will be used by the 

AOJ to reexamine the issues in dispute 

and to determine if additional review or 

development is warranted. 

Affected Public: Individuals or 

households. 

Estimated Total Annual Burden: 

122,487. 

Estimated Average Burden per 

Respondent: 1 hour. 

Frequency of Response: On occasion. 

Estimated Total Number of 

Respondents: 122,487. 


emcdonald on DSK67QTVN1PROD with NOTICES