7696 Federal Register / Vol. 90, No. 13 / Wednesday, January 22, 2025 / Notices 

communications methods, in a manner 

reflective of the entity’s size and other 

characteristics. The specific information 

referenced in these standards is (a) the 

entity’s diversity and inclusion strategic 

plan; (b) its policy on its commitment to 

diversity and inclusion; (c) its progress 

toward achieving diversity and 

inclusion in its workforce and 

procurement activities; and (d) 

opportunities available at the entity that 

promote diversity. In addition, the 

Policy Statement includes Joint 

Standards that address ‘‘Entities’ SelfAssessment.’’ The Joint Standards for 

Entities’ Self-Assessment envision that a 

regulated entity, in a manner reflective 

of its size and other characteristics, (a) 

conducts annually a voluntary selfassessment of its diversity policies and 

practices; (b) monitors and evaluates its 

performance under its diversity policies 

and practices on an ongoing basis; (c) 

provides information pertaining to its 

self-assessment to the OMWI Director of 

its primary Federal financial regulator; 

and (d) publishes information 

pertaining to its efforts with respect to 

the Joint Standards.. There is no change 

in the methodology or substance of this 

information collection. The decrease in 

total estimated annual burden from 

1560 hours in 2022 to 991 hours 

currently is due to the expectation that 

most repeat respondent banks would 

use the copy/clone feature in the 

Financial Institution Diversity-Self 

Assessment (FID–SA) for their future 

submissions, thereby saving a 

substantial amount of response time and 

reducing their overall burden hours. 

3. Title: Computer Security Incident 

Notification Requirements. 

OMB Number: 3064–0214. 

Form Number: None. 

Affected Public: Businesses or other 

for-profit. 

Burden Estimate: 

SUMMARY OF ESTIMATED ANNUAL BURDEN (OMB NO. 3064–0214) 

Information collection (IC) 

(obligation to respond) 

Type of burden 

(frequency of response) 

Number of 

respondents 

Number of 

responses per 

respondent 

Time per 

response 

(HH:MM) 

Annual 

burden 

(hours) 

1. Notification Incident Reporting, 12 CFR 304.23 

(Mandatory).

Reporting (On Occasion).67 1.25 03:00 252 

2. Service Provider Notification, 12 CFR 304.24 

(Mandatory).

Reporting (On Occasion).832 1 03:00 2,496 

Total Annual Burden (Hours) ........................ ....................................... ........................ ........................ ........................ 2,748 

Source: FDIC. 

General Description of Collection: The 

Office of the Comptroller of the 

Currency, Board of Governors of the 

Federal Reserve System, and the FDIC 

(collectively, the agencies) are issuing a 

notice of proposed rulemaking (the 

proposed rule) that would require a 

banking organization to notify its 

primary Federal regulator upon the 

occurrence of a significant computer 

security incident. This notification 

requirement is intended to serve as an 

early alert to a banking organization’s 

primary Federal regulator and is not 

intended to include an assessment of 

the incident. The proposed rule would 

allow a banking organization to 

authorize or contract with a bank 

service provider to allow the bank 

service provider to make the relevant 

notifications to the banking 

organization’s primary Federal regulator 

on the banking organization’s behalf. 

Moreover, a bank service provider as 

defined herein and in accordance with 

the Bank Service Company Act (BSCA) 

would be required to notify affected 

banking organization customers within 

four hours of when it experiences a 

computer-security incident that it 

reasonably believes could disrupt, 

degrade, or impair services provided 

subject to the BSCA for four or more 

hours. ‘‘Bank service providers’’ would 

include both bank service companies 

and third-party service providers, under 

the BSCA. There is no change in the 

methodology or substance of this 

information collection. The increase in 

total estimated annual burden from 

2,694 in 2022 to 2,748 currently is due 

to a change in the estimated number of 

respondents. 

Request for Comment 

Comments are invited on (a) whether 

the collection of information is 

necessary for the proper performance of 

the FDIC’s functions, including whether 

the information has practical utility; (b) 

the accuracy of the estimates of the 

burden of the 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; and (d) ways to minimize the 

burden of the collection of information 

on respondents, including through the 

use of automated collection techniques 

or other forms of information 

technology. All comments will become 

a matter of public record. 

Federal Deposit Insurance Corporation. 

Dated at Washington, DC, on January15, 

2025. 

Jennifer M. Jones, 

Deputy Executive Secretary. 

[FR Doc. 2025–01424 Filed 1–21–25; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies 

The companies listed in this notice 

have applied to the Board for approval, 

pursuant to the Bank Holding Company 

Act of 1956 (12 U.S.C. 1841 et seq.) 

(BHC Act), Regulation Y (12 CFR part 

225), and all other applicable statutes 

and regulations to become a bank 

holding company and/or to acquire the 

assets or the ownership of, control of, or 

the power to vote shares of a bank or 

bank holding company and all of the 

banks and nonbanking companies 

owned by the bank holding company, 

including the companies listed below. 

The public portions of the 

applications listed below, as well as 

other related filings required by the 

Board, if any, are available for 

immediate inspection at the Federal 

Reserve Bank(s) indicated below and at 

the offices of the Board of Governors. 

This information may also be obtained 

on an expedited basis, upon request, by 

contacting the appropriate Federal 

Reserve Bank and from the Board’s 

Freedom of Information Office at 

https://www.federalreserve.gov/foia/ 

request.htm. Interested persons may 

express their views in writing on the 

standards enumerated in the BHC Act 

(12 U.S.C. 1842(c)). 

Comments received are subject to 

public disclosure. In general, comments 


lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 90, No. 13 / Wednesday, January 22, 2025 / Notices 7697 

received will be made available 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 not 

be appropriate for public disclosure. 

Comments regarding each of these 

applications must be received at the 

Reserve Bank indicated or the offices of 

the Board of Governors, Ann E. 

Misback, Secretary of the Board, 20th 

Street and Constitution Avenue NW, 

Washington, DC 20551–0001, not later 

than February 21, 2025. 

A. Federal Reserve Bank of Richmond 

(Brent B. Hassell, Assistant Vice 

President) P.O. Box 27622, Richmond, 

Virginia 23261. Comments can also be 

sent electronically to 

Comments.applications@rich.frb.org: 

1. United Community Banks, Inc., 

Greenville, South Carolina; to acquire 

ANB Holdings, Inc., and thereby 

indirectly acquire American National 

Bank, both of Oakland Park, Florida. 

Board of Governors of the Federal Reserve 

System. 

Michele Taylor Fennell, 

Associate Secretary of the Board. 

[FR Doc. 2025–01484 Filed 1–21–25; 8:45 am] 

BILLING CODE P 

FEDERAL TRADE COMMISSION 

Revised Jurisdictional Thresholds for 

Section 8 of the Clayton Act 

AGENCY: Federal Trade Commission. 

ACTION: Annual notice of revision. 

SUMMARY: The Federal Trade 

Commission announces the revised 

thresholds for interlocking directorates 

required by the 1990 amendment of 

section 8 of the Clayton Act. 

DATES: January 22, 2025. 

FOR FURTHER INFORMATION CONTACT: 

Christopher M. Grengs (202–326–2612), 

Bureau of Competition, Office of Policy 

and Coordination. 

SUPPLEMENTARY INFORMATION: Section 8 

prohibits, with certain exceptions, one 

person from serving as a director or 

officer of two competing corporations if 

two thresholds are met. Competitor 

corporations are covered by section 8 if 

each one has capital, surplus, and 

undivided profits aggregating more than 

$10,000,000, with the exception that no 

corporation is covered if the competitive 

sales of either corporation are less than 

$1,000,000. Section 8(a)(5) requires the 

Federal Trade Commission to revise 

those thresholds annually, based on the 

change in gross national product. The 

new thresholds, which take effect 

immediately, are $51,380,000 for section 

8(a)(1), and $5,138,000 for section 

8(a)(2)(A). 

Authority: 15 U.S.C. 19(a)(5). 

April J. Tabor, 

Secretary. 

[FR Doc. 2025–01513 Filed 1–21–25; 8:45 am] 

BILLING CODE 6750–01–P 

FEDERAL TRADE COMMISSION 

Revised Jurisdictional Thresholds for 

Section 7A of the Clayton Act 

AGENCY: Federal Trade Commission. 

ACTION: Annual notice of revision. 

SUMMARY: The Federal Trade 

Commission announces the revised 

thresholds for the Hart-Scott-Rodino 

Antitrust Improvements Act of 1976 

required by the 2000 amendment of 

section 7A of the Clayton Act; and the 

revised filing fee schedule for the same 

Act required by division GG of the 2023 

Consolidated Appropriations Act. 

DATES: February 21, 2025. 

FOR FURTHER INFORMATION CONTACT: 

Nora Whitehead (nwhitehead@ftc.gov, 

202–326–3262), Bureau of Competition, 

Premerger Notification Office, 400 7th 

Street SW, Washington, DC 20024. 

SUPPLEMENTARY INFORMATION: This 

document announces updates to (1) the 

thresholds for the Hart-Scott-Rodino 

Antitrust Improvements Act of 1976, as 

required by the 2000 amendment of 

section 7A of the Clayton Act; and (2) 

the filing fee schedule for the same Act, 

as required by division GG of the 2023 

Consolidated Appropriations Act. Both 

updates are discussed in more detail 

below. 

(1) The Jurisdictional Thresholds 

Section 7A of the Clayton Act, 15 

U.S.C. 18a, as added by the Hart-ScottRodino Antitrust Improvements Act of 

1976, Public Law 94–435, 90 Stat. 1390 

(‘‘the Act’’), requires all persons 

contemplating certain mergers or 

acquisitions, which meet or exceed the 

jurisdictional thresholds in the Act, to 

file notification with the Commission 

and the Assistant Attorney General and 

to wait a designated period of time 

before consummating such transactions. 

Section 7A(a)(2) requires the Federal 

Trade Commission to revise those 

thresholds annually, based on the 

change in gross national product, in 

accordance with section 8(a)(5). 

The new jurisdictional thresholds, 

which take effect 30 days after 

publication in the Federal Register, are 

as follows: 

Subsection of 7A Original jurisdictional threshold 2025 Adjusted jurisdictional 

threshold 

7A(a)(2)(A) ............................................................................................... $200 million ................................... $505.8 million. 

7A(a)(2)(B)(i) ........................................................................................... $50 million ..................................... $126.4 million. 

7A(a)(2)(B)(i) ........................................................................................... $200 million ................................... $505.8 million. 

7A(a)(2)(B)(ii)(i) ....................................................................................... $10 million ..................................... $25.3 million. 

7A(a)(2)(B)(ii)(i) ....................................................................................... $100 million ................................... $252.9 million. 

7A(a)(2)(B)(ii)(II) ...................................................................................... $10 million ..................................... $25.3 million. 

7A(a)(2)(B)(ii)(II) ...................................................................................... $100 million ................................... $252.9 million. 

7A(a)(2)(B)(ii)(III) ..................................................................................... $100 million ................................... $252.9 million. 

7A(a)(2)(B)(ii)(III) ..................................................................................... $10 million ..................................... $25.3 million. 

Any reference to the jurisdictional 

thresholds and related thresholds and 

limitation values in the HSR rules (16 

CFR parts 801 through 803) and the 

Antitrust Improvements Act 

Notification and Report Form (‘‘the HSR 

Form’’) and its Instructions will also be 

adjusted, where indicated by the term 

‘‘(as adjusted)’’, as follows: 

Original threshold 2025 Adjusted threshold 

$10 million ................................................................................................ $$25.3 million. 

$50 million ................................................................................................ $126.4 million. 


lotter on DSK11XQN23PROD with NOTICES1