96978 Federal Register / Vol. 89, No. 235 / Friday, December 6, 2024 / Notices 

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 Implement the Following 

Information Collection 

Collection title: Discrimination 

Complaint Forms. 

Collection identifier: FR 1413. 

OMB control number: 7100–NEW. 

General description of collection: The 

FR 1413 consists of two forms: the PreComplaint of Discrimination (FR 1413A) 

and the Formal Complaint of 

Discrimination (FR 1413B). These forms 

are used by individuals alleging 

discrimination by the Board while they 

were either applying for or had 

separated from employment with the 

Board. 

Frequency: Event-generated. 

Respondents: Individuals. 

Total estimated number of 

respondents: FR 1413A, 1; FR 1413B, 3. 

Total estimated annual burden hours: 

3. 

Board of Governors of the Federal Reserve 

System, December 2, 2024. 

Benjamin W. McDonough, 

Deputy Secretary and Ombuds of the Board. 

[FR Doc. 2024–28524 Filed 12–5–24; 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, with revision, the Structure 

Reporting and Recordkeeping 

Requirements for Domestic and Foreign 

Banking Organizations (FR Y–6, FR Y– 

7, FR Y–10, and FR Y–10E; OMB No. 

7100–0297). 

DATES: The revisions for the option of 

electronic submission and the due date 

change are effective December 31, 2024; 

the standard templates is December 31, 

2025; and the automation of the FR Y– 

7 report is December 31, 2026. 

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.federalreserve.gov/apps/ 

reportingforms/home/review or may be 

requested from the agency clearance 

officer, whose name appears above. On 

the page displayed at the link above, 

you can find the supporting information 

by referencing the collection identifier, 

FR Y–6, FR Y–7, FR Y–10, and FR Y– 

10E. 

Final Approval Under OMB Delegated 

Authority of the Extension for Three 

Years, With Revision, of the Following 

Information Collection 

Collection title: Structure Reporting 

and Recordkeeping Requirements for 

Domestic and Foreign Banking 

Organizations. 

Collection identifier: FR Y–6, FR Y–7, 

FR Y–10, and FR Y–10E. 

OMB control number: 7100–0297. 

General description of collection: This 

information collection comprises the 

following four reports: 

Annual Report of Holding Companies 

(FR Y–6), which collects financial and 

organizational information from holding 

companies (HCs) and foreign banking 

organizations (FBOs) that are not 

‘‘qualifying’’ FBOs under section 211.23 

of the Board’s Regulation K— 

International Banking Operations (12 

CFR part 211), 

Annual Report of Foreign Banking 

Organizations (FR Y–7), which collects 

financial and organizational information 

from qualifying FBOs, 

Report of Changes in Organizational 

Structure (FR Y–10), which is an eventgenerated report that captures changes 

in organizational structure or regulated 

investments and activities of various 

Board-supervised entities, and 

Supplement to the Report of Changes 

in Organizational Structure (FR Y–10E), 

which is a formless supplement to the 

FR Y–10 that the Board may use to 

collect additional structural information 

on an emergency basis. 

Frequency: Annual, event-generated. 

Respondents: The FR Y–6 panel 

comprises top-tier bank holding 

companies (BHCs), savings and loan 

holding companies (SLHCs), employee 

stock ownership plans (ESOPs) and 

employee share ownership trusts 

(ESOTs) or trusts that are BHCs or 

SLHCs, securities holding companies, 

intermediate holding companies (IHCs), 

and any FBO that does not meet the 

requirements of and is not treated as a 

qualifying FBO under Regulation K. 

The FR Y–7 panel comprises all 

qualifying FBOs that engage in banking 

in the United States, either directly or 

indirectly. 

The FR Y–10 and FR Y–10E panels 

comprise top-tier BHCs (including 

ESOPs or ESOTs that are BHCs and 

financial holding companies); top-tier 

SLHCs, including ESOPs, ESOTs, or 

trusts that are SLHCs pursuant to 

Regulation LL; FBOs; state member 

banks that are not controlled by an HC; 

Edge and agreement corporations that 

are not controlled by a member bank, a 


lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 89, No. 235 / Friday, December 6, 2024 / Notices 96979 

domestic HC, or an FBO; and nationally 

chartered banks that are not controlled 

by a BHC or an FBO (with regard to 

their foreign investments only); and 

securities holding companies. 

Total estimated number of 

respondents: 

FR Y–6—3,760. 

FR Y–7—205. 

FR Y–10 and FR Y–10E—3,790. 

Estimated average hours per response: 

Reporting 

FR Y–6—2.5. 

FR Y–7 Initial—10.10. 

FR Y–7 Ongoing—4.63. 

FR Y–10—2.5. 

FR Y–10E—0.5. 

Recordkeeping 

FR Y–6—0.5. 

FR Y–10—0.5. 

Total estimated change in burden: 

1,284. 

Total estimated annual burden hours: 

Reporting 

FR Y–6—9,400. 

FR Y–7 Initial—2,071. 

FR Y–7 Ongoing—949. 

FR Y–10—33,153. 

FR Y–10E—1,895. 

Recordkeeping 

FR Y–6—1,880. 

FR Y–10—6,631. 

Current actions: On March 29, 2024, 

the Board published a notice in the 

Federal Register (89 FR 22145) 

requesting public comment for 60 days 

on the extension, with revision, of the 

FR Y–6, FR Y–7, FR Y–10, and FR Y– 

10E reports. The Board proposed to 

revise the FR Y–7 report by adding an 

electronic submission option and 

adding standard templates for reporting 

(1) financial statements, (2) 

organizational charts, (3) information 

about shares and shareholders, (4) a 

firm’s eligibility as a qualified FBO, and 

(5) a firm’s compliance with prudential 

standards. The proposal would also 

make minor clarifications and 

conforming edits to the FR Y–7 forms 

and instructions. The proposal included 

no changes to the FR Y–6, FR Y–10, or 

FR Y–10E. The comment period for this 

notice expired on May 28, 2024. The 

Board received one comment letter from 

an individual. 

Detailed Discussion of Public 

Comments 

The commenter remarked that the FR 

Y–6 allows a bank holding company 

(BHC) to request confidential treatment 

regarding insider ownership 

information and asked that this ability 

be removed. A reporter may request 

confidential treatment for any 

information submitted on the FR Y–6 

that the reporter believes is exempt from 

disclosure under the Freedom of 

Information Act (FOIA). The Board may 

grant a request for confidential 

treatment if the institution clearly has 

provided a compelling justification for 

the request. It is the Board’s practice to 

favor disclosure of principal securities 

holders’ information, but have granted 

past requests for confidential treatment, 

consistent with FOIA exemptions, when 

there was evidence of a well-defined 

present threat to the liberty or personal 

security of individuals. For this reason, 

the Board is maintaining the current 

process used to fulfill our obligation to 

consider requests for confidential 

treatment. 

The commenter also noted that 

individual Federal Reserve districts 

differ from each other on the ease of 

public access to FR Y–6 submissions 

and asks the Board to create a single, 

publicly accessible, nationwide FR Y–6 

database. The Board will take this into 

consideration during future technology 

enhancements for the FR Y–6. 

Additionally, limited structural data 

from the information collection are 

published on the National Information 

Center’s public website at https://

www.ffiec.gov/NPW. 

Lastly, the Board will delay the 

effective dates for the standard 

templates to December 31, 2025, and the 

automation changes to December 31, 

2026. Delaying these effective dates will 

allow sufficient time for the 

development of the necessary 

technology to support the changes in the 

proposal. Aside from this change, the 

Board adopted the extension, with 

revision, of the FR Y–7 report as 

originally proposed. 

Board of Governors of the Federal Reserve 

System, December 2, 2024. 

Benjamin W. McDonough, 

Deputy Secretary and Ombuds of the Board. 

[FR Doc. 2024–28526 Filed 12–5–24; 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 

Computer-Security Incident Notification 

(FR 2231; OMB No. 7100–0384). 

DATES: Comments must be submitted on 

or before February 4, 2025. 

ADDRESSES: You may submit comments, 

identified by FR 2231, by any of the 

following methods: 

• Agency website: https://

www.federalreserve.gov/. Follow the 

instructions for submitting comments at, 

including attachments. Preferred 

method. 

• Mail: Ann E. Misback, Secretary, 

Board of Governors of the Federal 

Reserve System, 20th Street and 

Constitution Avenue NW, Washington, 

DC 20551. 

• Hand Delivery/Courier: Same as 

mailing address. 

• Other Means: publiccomments@

frb.gov. You must include the OMB 

number or the FR number in the subject 

line of the message. 

Comments received are subject to 

public disclosure. In general, comments 

received will be made available on the 

Board’s website at https://

www.federalreserve.gov/apps/ 

proposals/ without change and will not 

be modified to remove personal or 

business information including 

confidential, contact, or other 

identifying information. Comments 

should not include any information 

such as confidential information that 

would be not appropriate for public 

disclosure. Public comments may also 

be viewed electronically or in person in 

Room M–4365A, 2001 C St. NW, 

Washington, DC 20551, between 9 a.m. 

and 5 p.m. during Federal business 

weekdays. 

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 


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