Federal Register / Vol. 62, No. 70 / Friday, April 11, 1997 / Notices 17817

for-Profit institutions; Federal

Government, State, Local or Tribal

Government.

Number of Respondents: 245,053.

Estimated Time Per Response: 4

hours.

Total Annual Burden: 980,212 hours.

Needs and Uses: The information

requested by FCC Form 600 is used by

Commission staff in carrying out its

duties as set forth in Sections 308 and

309 of the Communications Act, 47,

U.S.C. Sections 308 and 309, to

determine the technical, legal and other

qualification of the applicant to operate

a station. FCC Form 600 is used by all

commercial mobile radio service

(CMRS) and private mobile radio service

(PMRS) applicants in all terrestrial

mobile services including the Personal

Communications Services (PCS)

applicants. The FCC Form 600 is

required by various rule sections in 47

CFR Parts 1, 22, 24 and 90. FCC Form

600 is also used by most license winners

of FCC auctions to date.

In the Fifth Notice of Proposed

Rulemaking, Use of the 220–222 MHz

Band by the Private Land Mobile Radio

Service (PR Docket No. 89–552), the

Commission concluded that any holder

of a Phase II EA, Regional, or

nationwide 220 MHz license will be

permitted to partition portions of its

authorization. In the Fifth Notice of

Proposed Rulemaking, Redesignation of

27.5 GHz Frequency Band, Establishing

Rules and Policies for Local Multipoint

Distribution Service (LMDS) (NPRM CC

Docket No. 92–297), the Commission

proposes that this form will be used to

complete the disaggregation and

partioning of LMDS. This form may also

be used in the future disaggregation and

partioning for a variety of spectrum

based services licensed by the

Commission. Specific Rules will be

adopted in Reports and Orders or by

Public Notice for each service subject to

disaggregation and partioning.

The burden reflects an increase in the

number of respondents from 194,769 to

245,053 (47,000—220 MHz; 3,284—

LMDS) and total burden hours from

779,076 to 980,212 (average 4 hours per

form).

OMB Approval Number: 3060–0068.

Title: Application for Consent to

Assignment of Radio Station

Construction Authorization or License

(For Stations in Services Other Than

Broadcast).

Form No.: FCC 702.

Type of Review: Revision of a

currently approved collection.

Respondents: Business or other ForProfit.

Number of Respondents: 2,644 .

Estimated Time Per Response: 5

hours.

Total Annual Burden: 13,220 hours.

Needs and Uses: This collection of

information is used to request

Commission approval of assignment of

radio station construction authorization

or license. The form is required by

Section 310(d) of the Communications

Act; and FCC Rules—47 CFR Parts 5.55,

21.11, 21.38, 21.39, 23.50, 25.118 and

101.15.

A space for the applicant to provide

an Internet address is being added to the

form. This will provide an additional

option of reaching the applicant should

the FCC have any questions concerning

the application. In addition, the

Commission is required to collect the

Taxpayer Identification Number to

comply with the Debt Collection

Improvement Act of 1996. In the Third

Report and Order, Redesignation of 27.5

GHz Frequency Band, Establishing

Rules and Policies for Local Multipoint

Distribution Service (LMDS) (NPRM CC

Docket No. 92–297), the Commission

concluded that any LMDS licensee will

be permitted to partition or disaggregate

portions of its authorization. The Fifth

Notice of Proposed Rulemaking

proposes that this form will be used to

complete the disaggregation and

partioning of LMDS. The burden reflects

an increase in the number of

respondents from 1,000 to 2,644 and

total burden hours from 5,000 to 13,220.

This form may also be used in the

future disaggregation and partioning for

a variety of spectrum based services

licensed by the Commission. Specific

rules will be adopted in Reports and

Orders or by Public Notice for each

service subject to disaggregation and

partioning.

Federal Communications Commission

William F. Caton,

Acting Secretary.

[FR Doc. 97–9322 Filed 4–10–97; 8:45 am]

BILLING CODE 6712–01–P

FEDERAL FINANCIAL INSTITUTIONS

EXAMINATION COUNCIL

Joint Policy Statement on Improper

and Illegal Payments by Banks and

Bank Holding Companies

AGENCIES: The Board of Governors of the

Federal Reserve System (FRB), Federal

Deposit Insurance Corporation (FDIC),

and Office of the Comptroller of the

Currency (OCC) (collectively the

Agencies).

ACTION: Withdrawal of statement of

policy.

SUMMARY: The Agencies are

withdrawing their joint statement of

policy entitled ‘‘Joint Policy Statement

Concerning Improper Payments by

Banks and Bank Holding Companies’’

(Statement of Policy) because it is no

longer useful in the ongoing supervision

of banks and bank holding companies.

The Office of Thrift Supervision (OTS)

which was not a party to the Statement

of Policy, joins the Agencies in this

action.

EFFECTIVE DATE: The removal of the

Statement of Policy is effective April 11,

1997.

FOR FURTHER INFORMATION CONTACT:

FRB: Jack Jennings, Assistant Director,

Division of Banking Supervision &

Regulation (202/452–3053), 20th and C

Street, NW., Washington, D.C. 20551.

FDIC: R. Eugene Seitz Review

Examiner, Division of Supervision (202/

898–6793), 550 Seventeenth Street, NW,

Washington, D.C. 20429.

OCC: Daniel Stipano, Director of

Enforcement and Compliance, (202/

874–4800), 250 E Street, SW.,

Washington, D.C. 20219. OTS: Donna

Deale, Senior Program Manager,

Supervision Policy, (202/906–7488),

1700 G Street, NW., Washington, D.C.

20552.

SUPPLEMENTARY INFORMATION: The

Agencies issued the Statement of Policy

on January 13, 1978 (43 FR 2759,

January 19, 1978) to announce that

certain payments, improper and illegal

political contribution, bribes, and

kickback besides being a violation of the

Foreign Corrupt Practices Act of 1977,

Pub. L. 95–213, 91 Stat. 1494 (FCPA

1977), constitute unsafe and unsound

banking practices.

The Agencies have incorporated

sufficient reference material to the

FCPA 1977 in their respective

examination manuals and do not

routinely issue policy statements

governing other criminal statutes related

to banks and bank holding companies.

As such, the Agencies are rescinding the

Statement of Policy and believe that the

information contained in the Statement

of Policy is self-evident.

The Agencies acknowledge that all

banks, bank holding companies and

subsidiaries thereof are expected not

only to conduct their operations in

accordance with applicable laws but

also to refrain from making payments

that may constitute unsafe and unsound

banking practices. Where violations of

law or unsafe and unsound banking

practices result from improper

payments, the appropriate agency will

exercise its full legal authority,

including cease-and-desist proceedings
17818 Federal Register / Vol. 62, No. 70 / Friday, April 11, 1997 / Notices

and referral to the appropriate law

enforcement agency for further action,

to ensure that such practices are

terminated. In appropriate

circumstances, the fact that such

payments have been made may reflect

so adversely on an organization’s

management as to be a relevant factor in

connection with the consideration of

applications submitted by the

organization.

The Agencies’ Action

The Agencies hereby withdraw the

Statement of Policy.

Dated at Washington, DC this 7th day of

April 1997.

Federal Financial Institutions Examination

Council

Joe M. Cleaver,

Executive Secretary.

[FR Doc. 97–9335 Filed 4–10–97; 8:45 am]

BILLING CODES 6210–01–P, 6720–01–P, 6714–01–P, and

4810–33–P

FEDERAL HOUSING FINANCE BOARD

[No. 97–N–3]

Prices for Federal Home Loan Bank

Services

AGENCY: Federal Housing Finance

Board.

ACTION: Notice of prices for Federal

Home Loan Bank Services.

SUMMARY: The Federal Housing Finance

Board (Board) is publishing the prices

charged by the Federal Home Loan

Banks (Banks) for processing and

settlement of items (negotiable order of

withdrawal or NOW), and demand

deposit accounting (DDA) and other

services offered to members and other

eligible institutions.

EFFECTIVE DATE: April 11, 1997.

FOR FURTHER INFORMATION CONTACT: Gary

B. Townsend, Deputy Director, Office of

Supervision (202) 408–2540; or Edwin J.

Avila, Financial Analyst, (202) 408–

2871; Federal Housing Finance Board,

1777 F Street, N.W., Washington, D.C.

20006.

SUPPLEMENTARY INFORMATION: Section

11(e) of the Federal Home Loan Bank

Act (Bank Act) (12 U.S.C. 1431(e))

authorizes the Banks (1) to accept

demand deposits from member

institutions, (2) to be drawees of

payment instruments, 3) to engage in

collection and settlement of payment

instruments drawn on or issued by

members and other eligible institutions,

and (4) to engage in such incidental

activities as are necessary to the exercise

of such authority. Section 11(e)(2)(B) of

the Bank Act (12 U.S.C. 1431(e)(2)(B))

requires the Banks to make charges for

services authorized in that section,

which charges are to be determined and

regulated by the Board.

Section 943.6(c) of the Board’s

regulations (12 CFR 943.6(c)) provides

for the annual publication in the

Federal Register of all prices for Bank

services. The following fee schedules

are for the three Banks which offer item

processing services to their members

and other qualified financial

institutions. Most of the remaining

Banks provide other Correspondence

Services which may include securities

safekeeping, disbursements, coin and

currency, settlement, electronic funds

transfer, etc. However, these Banks do

not provide services related to

processing of items drawn against or

deposited into third party accounts held

by their member or other qualified

financial institutions.

District 1.—Federal Home Loan Bank of Boston (1997 NOW/DDA Services)

(Services Not Provided)

District 2.—Federal Home Loan Bank of New York (1997 NOW/DDA Services)

(Does Not Provide Item Processing Services for Third Party Accounts)

District 3.—Federal Home Loan Bank of Pittsburgh (1997 NOW/DDA Services)

DPS Deposit Tickets—$0.5900 Per Deposit, Printing of Deposit Tickets

Deposit processing service (DPS) Pass-through pricing varies—tiered by monthly

volume

Deposit Items Processed for volumes of

1–25,000 ..................................................................................................................................... $0.0375 per item (transit)

25,001–58,500 ............................................................................................................................ 0.0369 per item

58,501–91,500 ............................................................................................................................ 0.0364 per item

91,501–125,000 .......................................................................................................................... 0.0358 per item

125,001–158,500 ........................................................................................................................ 0.0353 per item

158,501–191,500 ........................................................................................................................ 0.0347 per item

191,501–over .............................................................................................................................. 0.0342 per item

Deposit Items Encoded (West) Pricing varies—tiered by monthly volume for volumes of

1–25,000 ..................................................................................................................................... $0.0311 per item

25,001–58,500 ............................................................................................................................ 0.0306 per item

58,501–91,500 ............................................................................................................................ 0.0301 per item

91,501–125,000 .......................................................................................................................... 0.0296 per item

125,001–158,500 ........................................................................................................................ 0.0291 per item

158,501–191,500 ........................................................................................................................ 0.0286 per item

191,501–over .............................................................................................................................. 0.0281 per item

Deposit Items Encoded (East) Pricing varies–tiered by monthly volume for volumes of

1–25,000 ..................................................................................................................................... $0.0332 per item

25,001–58,500 ............................................................................................................................ 0.0327 per item

58,501–91,500 ............................................................................................................................ 0.0322 per item

91,501–125,000 .......................................................................................................................... 0.0317 per item

125,001–158,500 ........................................................................................................................ 0.0312 per item

158,501–191,500 ........................................................................................................................ 0.0307 per item

191,501–over .............................................................................................................................. 0.0302 per item