Federal Register / Vol. 83, No. 15 / Tuesday, January 23, 2018 / Notices 3149 

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. 

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 Federal Reserve’s 

functions; including whether the 

information has practical utility; 

b. The accuracy of the Federal 

Reserve’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 Federal Reserve 

should modify the proposal prior to 

giving final approval. 

Proposal to approve under OMB 

delegated authority the extension for 

three years, without revision, of the 

following report: 

Report title: Recordkeeping 

Requirements Associated with 

Limitations on Interbank Liabilities. 

Agency form number: Regulation F. 

OMB control number: 7100–0331. 

Frequency: On occasion. 

Respondents: Depository institutions 

insured by the Federal Deposit 

Insurance Corporation (FDIC). 

Estimated number of respondents: 

State member banks: 829; non-member 

banks: 3,396; national banks: 921; state 

savings banks: 309; federal savings 

banks: 228; savings & loan associations: 

195; insured federal branch of foreign 

banking organization: 4; insured state 

branch of foreign banking organization: 

6; non-depository trust company 

member: 2; cooperative banks: 33. 

Estimated average hours per response: 

8 hours. 

Estimated annual burden hours: State 

member banks: 6,632; non-member 

banks: 27,168; national banks: 7,368; 

state savings banks: 2,472; federal 

savings banks: 1,824; savings & loan 

associations: 1,560; insured federal 

branch of foreign banking organization: 

32; insured state branch of foreign 

banking organization: 48; nondepository trust company member: 16; 

cooperative banks: 264. 

General description of report: Section 

206.3 of the Board’s Regulation F, 12 

CFR 206.3, requires insured depository 

institutions to establish and maintain 

policies and procedures designed to 

prevent excessive exposure to 

‘‘correspondents,’’ which include nonaffiliated U.S. insured depository 

institutions and non-affiliated foreign 

banks. Regulation F limits the risks that 

the failure of a correspondent would 

pose to insured depository institutions. 

Where exposure to a correspondent is 

significant, the policies and procedures 

shall require periodic reviews of the 

financial condition of the correspondent 

and shall take into account any 

deterioration in the correspondent’s 

financial condition. Where the financial 

condition of the correspondent and the 

form or maturity of the exposure create 

a significant risk that payments will not 

be made in full or in a timely manner, 

the policies and procedures should limit 

the bank’s exposure to the 

correspondent, either by the 

establishment of internal limits or by 

other means. 

The Board has updated its burden 

estimate for this information collection 

to account for all depository institutions 

insured by the Federal Deposit 

Insurance Corporation (FDIC), all of 

which are potential respondents. The 

Board’s previous burden estimate 

accounted only for state member banks. 

The increase in burden reflects the 

update to correct the number of 

potential respondents, and is not due to 

a change in burden for individual 

institutions. 

Legal authorization and 

confidentiality: The Board’s Legal 

Division has determined that the 

recordkeeping requirements of 

Regulation F are mandatory and 

authorized by section 23 of the Federal 

Reserve Act, as added by section 308 of 

the Federal Deposit Insurance 

Corporation Improvement Act of 1991 

(FDICIA) (12 U.S.C. 371b–2). Because 

the Board does not collect any 

information, no issue of confidentiality 

normally arises. However, if a 

compliance program becomes a Board 

record during an examination, the 

information may be protected from 

disclosure under exemptions (b)(4) and 

(b)(8) of the Freedom of Information Act 

(5 U.S.C. 552(b)(4) and (b)(8)). 

Board of Governors of the Federal Reserve 

System, January 17, 2018. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2018–01114 Filed 1–22–18; 8:45 am] 

BILLING CODE 6210–01–P 

GOVERNMENT ACCOUNTABILITY 

OFFICE 

Request for Medicare Payment 

Advisory Commission Nominations 

AGENCY: U.S. Government 

Accountability Office (GAO). 

ACTION: Request for letters of 

nomination and resumes. 

SUMMARY: The Balanced Budget Act of 

1997 established the Medicare Payment 

Advisory Commission (MedPAC) and 

gave the Comptroller General 

responsibility for appointing its 

members. GAO is now accepting 

nominations for MedPAC appointments 

that will be effective in May 2018. 

Letters of nomination and resumes 

should be submitted no later than 

February 23, 2018 to ensure adequate 

opportunity for review and 

consideration of nominees prior to 

appointment of new members. 

Acknowledgement of submissions will 

be provided within a week of 

submission. Please contact Greg Giusto 

at (202) 512–8268 if you do not receive 

an acknowledgment. 

ADDRESSES: Email: 

MedPACappointments@gao.gov. Mail: 

U.S. GAO, Attn: MedPAC 

Appointments, 441 G Street NW, 

Washington, DC 20548. 

FOR FURTHER INFORMATION CONTACT: Greg 

Giusto, 202–512–8268, GiustoG@

gao.gov, or the GAO Office of Public 

Affairs, (202) 512–4800. 

Authority: 42 U.S.C. 1395b–6. 

Gene L. Dodaro, 

Comptroller General of the United States. 

[FR Doc. 2018–00434 Filed 1–22–18; 8:45 am] 

BILLING CODE 1610–02–M 

DEPARTMENT OF HEALTH AND 

HUMAN SERVICES 

Centers for Disease Control and 

Prevention 

[30Day–18–0621] 

Agency Forms Undergoing Paperwork 

Reduction Act Review 

In accordance with the Paperwork 

Reduction Act of 1995, the Centers for 

Disease Control and Prevention (CDC) 


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