Federal Register / Vol. 87, No. 81 / Wednesday, April 27, 2022 / Notices 25015 

visibility improvement in Federal Class 

I areas in a multi-pollutant context. 

DATES: The meeting will be held on June 

2, 2022 starting at 9:30 a.m. and ending 

at 12:00 p.m. 

ADDRESSES: Crowne Plaza Princeton 

Conference Center, 900 Scudders Mill 

Road, Plainsboro, NJ 08536, (609) 936– 

4200. 

FOR FURTHER INFORMATION CONTACT: For 

documents and press inquiries contact: 

Ozone Transport Commission, 89 South 

Street, Suite 602, Boston, MA 02111, 

(617) 259–2005; email: ozone@

otcair.org; website: https://

www.otcair.org. 

SUPPLEMENTARY INFORMATION: The Clean 

Air Act Amendments of 1990 contain 

Section 184 provisions for the Control of 

Interstate Ozone Air Pollution. Section 

184(a) establishes an Ozone Transport 

Region (OTR), which is currently 

comprised of the States of Connecticut, 

Delaware, parts of Maine, Maryland, 

Massachusetts, New Hampshire, New 

Jersey, New York, Pennsylvania, Rhode 

Island, Vermont, parts of Virginia, and 

the District of Columbia. The purpose of 

the OTC is to address ground-level 

ozone formation, transport, and control 

within the OTR. 

The Mid-Atlantic/Northeast Visibility 

Union (MANE–VU) was formed at in 

2001 in response to EPA’s issuance of 

the Regional Haze rule. MANE–VU’s 

members include: Connecticut, 

Delaware, the District of Columbia, 

Maine, Maryland, Massachusetts, New 

Hampshire, New Jersey, New York, 

Pennsylvania, Rhode Island, Vermont, 

the Penobscot Indian Nation, and the St. 

Regis Mohawk Tribe, along with EPA 

and Federal Land Managers. 

Type of Meeting: Open. 

Agenda: Copies of the final agenda 

will be available from the OTC office 

(617) 259–2005; by email: ozone@

otcair.org or via the OTC website at 

https://www.otcair.org. 

Dated: April 21, 2022. 

David Cash, 

Regional Administrator, EPA Region 1. 

[FR Doc. 2022–08980 Filed 4–26–22; 8:45 am] 

BILLING CODE 6560–50–P 

FEDERAL COMMUNICATIONS 

COMMISSION 

[FR ID 83571] 

Sunshine Act Meetings: Deletion of 

Items From April 21, 2022 Open 

Meeting 

April 20, 2022. 

The following items were released by 

the Commission on April 19, 2022 and 

deleted from the list of items scheduled 

for consideration at the Thursday, April 

21, 2022, Open Meeting. These items 

were previously listed in the 

Commission’s Sunshine Notice on 

Thursday, April 14, 2022. 

3 ................... MEDIA ....................................................... Title: Restricted Adjudicatory Matter. 

Summary: The Commission will consider a restricted adjudicatory matter. 

4 ................... MEDIA ....................................................... Title: Restricted Adjudicatory Matter. 

Summary: The Commission will consider a restricted adjudicatory matter. 

* * * * * 

The meeting will be webcast with 

open captioning at: www.fcc.gov/live. 

Open captioning will be provided as 

well as a text only version on the FCC 

website. Other reasonable 

accommodations for people with 

disabilities are available upon request. 

In your request, include a description of 

the accommodation you will need and 

a way we can contact you if we need 

more information. Last minute requests 

will be accepted but may be impossible 

to fill. Send an email to: fcc504@fcc.gov 

or call the Consumer & Governmental 

Affairs Bureau at 202–418–0530. 

Additional information concerning 

this meeting may be obtained from the 

Office of Media Relations, (202) 418– 

0500. Audio/Video coverage of the 

meeting will be broadcast live with 

open captioning over the internet from 

the FCC Live web page at www.fcc.gov/ 

live. 

Marlene Dortch, 

Secretary. 

[FR Doc. 2022–09059 Filed 4–25–22; 11:15 am] 

BILLING CODE 6712–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

[OMB No. 3064–0001; –0178] 

Agency Information Collection 

Activities: Proposed Collection 

Renewal; Comment Request 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Notice and request for comment. 

SUMMARY: The FDIC, as part of its 

obligations under the Paperwork 

Reduction Act of 1995 (PRA), invites the 

general public and other Federal 

agencies to take this opportunity to 

comment on the renewal of the existing 

information collections described below 

(OMB Control No. 3064–0001 and 

–0178). 

DATES: Comments must be submitted on 

or before June 27, 2022. 

ADDRESSES: Interested parties are 

invited to submit written comments to 

the FDIC by any of the following 

methods: 

• Agency Website: https://

www.fdic.gov/resources/regulations/ 

federal-register-publications/. 

• Email: comments@fdic.gov. Include 

the name and number of the collection 

in the subject line of the message. 

• Mail: Manny Cabeza (202–898– 

3767), Regulatory Counsel, MB–3128, 

Federal Deposit Insurance Corporation, 

550 17th Street NW, Washington, DC 

20429. 

• Hand Delivery: Comments may be 

hand-delivered to the guard station at 

the rear of the 17th Street NW building 

(located on F Street NW), on business 

days between 7:00 a.m. and 5:00 p.m. 

All comments should refer to the 

relevant OMB control number. A copy 

of the comments may also be submitted 

to the OMB desk officer for the FDIC: 

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, New Executive Office Building, 

Washington, DC 20503. 

FOR FURTHER INFORMATION CONTACT: 

Manny Cabeza, Regulatory Counsel, 

202–898–3767, mcabeza@fdic.gov, MB– 

3128, Federal Deposit Insurance 

Corporation, 550 17th Street NW, 

Washington, DC 20429. 

SUPPLEMENTARY INFORMATION: Proposal 

to renew the following currently 

approved collection of information: 

1. Title: Interagency Charter and 

Federal Deposit Insurance Application. 

OMB Number: 3064–0001. 

Form Number: 6200–05. 

Affected Public: Banks or Savings 

Associations wishing to become FDIC 

insured depository institutions. 

Burden Estimate: 


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25016 Federal Register / Vol. 87, No. 81 / Wednesday, April 27, 2022 / Notices 

SUMMARY OF ESTIMATED ANNUAL BURDEN

[OMB No. 3064–0001] 

Information collection description Type of burden 

(obligation to respond) 

Frequency 

of response 

Number of 

respondents 

Number of 

responses per 

respondent 

Hours per 

response 

Annual burden 

(hours) 

Interagency Charter and Federal Deposit Insurance Application.Reporting (Mandatory) ... On Occasion 20 1 125 2,500 

Source: FDIC. 

General Description of Collection: The 

Federal Deposit Insurance Act requires 

financial institutions to apply to the 

FDIC to obtain deposit insurance. This 

collection provides FDIC with the 

information needed to evaluate the 

applications. 

There is no change in the method or 

substance of the collection. The 

decrease in burden hours is the result of 

economic fluctuation. In particular, the 

number of respondents has decreased 

while the hours per response and 

frequency of responses have remained 

the same. 

2. Title: Market Risk Capital 

Requirements. 

OMB Number: 3064–0178. 

Form Number: None. 

Affected Public: Insured state 

nonmember banks and state savings 

associations. 

Burden Estimate: 

Information collection description Type of burden Frequency 

of response 

Estimated 

number of 

respondents 

Estimated 

number of 

responses per 

respondent 

Estimated 

time per 

response 

(hours) 

Estimated 

annual burden 

(hours) 

Identification of Trading Positions (IC–1) ......................... Recordkeeping ............... Annual .......... 1 1 40 40 

Trading and Hedging Strategies (IC–2) ............................ Recordkeeping ............... Annual .......... 1 1 16 16 

Active Management of Covered Positions (IC–3) ............ Recordkeeping ............... Annual .......... 1 1 16 16 

Prior Written Approval to Use Internal Models (IC–4) ...... Reporting ........................ Annual .......... 1 1 8 8 

Documentation of Internal Models and Other Activities 

(IC–5).

Recordkeeping ............... Annual .......... 1 1 24 24 

Prior Approval for Certain Capital Standards (IC–6) ........ Reporting ........................ Annual .......... 1 1 8 8 

Demonstrate Appropriateness of Proxies (IC–7) .............. Recordkeeping ............... Annual .......... 1 1 8 8 

Retention of Subportfolio Information (IC–8) .................... Recordkeeping ............... Annual .......... 1 1 24 24 

Stressed VaR-based Measure Quantitative Requirements (IC–9).Recordkeeping & Reporting.Semiannual ... 1 4 40 160 

Incremental Risk Modeling Prior Approval (IC–10) .......... Reporting ........................ Quarterly ....... 1 4 480 1,920 

Comprehensive Risk Measurement Prior Approval (IC– 

11).

Reporting ........................ Quarterly ....... 1 4 480 1,920 

Recordkeeping for Stress Tests (IC–12) .......................... Recordkeeping ............... Quarterly ....... 1 4 8 32 

Demonstrate Understanding of Securitization Positions 

and Performance (IC–13).

Recordkeeping ............... Periodically ... 1 100 2 200 

Disclosure Policy (IC–14) ................................................. Recordkeeping ............... Annual .......... 1 1 40 40

Quantitative Market Risk Disclosures (IC–15) .................. Third-Party Disclosure .... Quarterly ....... 1 4 8 32 

Qualitative Market Risk Disclosures (IC–16) .................... Third-Party Disclosure .... Annual .......... 1 1 12 12 

Total Annual Burden Hours ....................................... ......................................... ....................... .................... ........................ .................... 4,460 

General Description of Collection: The 

FDIC’s market risk capital rules (12 CFR 

part 324, subpart F) enhance risk 

sensitivity, increase transparency 

through enhanced disclosures and 

include requirements for the public 

disclosure of certain qualitative and 

quantitative information about the 

market risk of state nonmember banks 

and state savings associations (covered 

FDIC-supervised institutions). The 

market risk rule applies only if a bank 

holding company or bank has 

aggregated trading assets and trading 

liabilities equal to 10 percent or more of 

quarter-end total assets or $1 billion or 

more (covered FDIC-supervised 

institutions). Currently, only one FDIC 

regulated entity meets the criteria of the 

information collection requirements that 

are located at 12 CFR 324.203 through 

324.212. The collection of information 

is necessary to ensure capital adequacy 

appropriate for the level of market risk. 

Section 324.203(a)(1) requires covered 

FDIC-supervised institutions to have 

clearly defined policies and procedures 

for determining which trading assets 

and trading liabilities are trading 

positions and specifies the factors a 

covered FDIC-supervised institution 

must take into account in drafting those 

policies and procedures. Section 

324.203(a)(2) requires covered FDIC 

supervised institutions to have clearly 

defined trading and hedging strategies 

for trading positions that are approved 

by senior management and specifies 

what the strategies must articulate. 

Section 324.203(b)(1) requires covered 

FDIC-supervised institutions to have 

clearly defined policies and procedures 

for actively managing all covered 

positions and specifies the minimum 

requirements for those policies and 

procedures. Sections 324.203(c)(4) 

through 324.203(c)(10) require the 

annual review of internal models and 

specify certain requirements for those 

models. Section 324.203(d) requires the 

internal audit group of a covered FDIC 

supervised institution to prepare an 

annual report to the board of directors 

on the effectiveness of controls 

supporting the market risk measurement 

systems. Section 324.204(b) requires 

covered FDIC-supervised institutions to 

conduct quarterly back testing. Section 

324.205(a)(5) requires institutions to 

demonstrate to the FDIC the 

appropriateness of proxies used to 

capture risks within value-at-risk 

models. Section 324.205(c) requires 

institutions to develop, retain, and make 

available to the FDIC value-at-risk and 

profit and loss information on sub 

portfolios for two years. Section 

324.206(b)(3) requires covered FDIC 

supervised institutions to have policies 

and procedures that describe how they 

determine the period of significant 

financial stress used to calculate the 

institution’s stressed value-at-risk 

models and to obtain prior FDIC 

approval for any material changes to 


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I I I I I I 
Federal Register / Vol. 87, No. 81 / Wednesday, April 27, 2022 / Notices 25017 

1The ICs deleted from the 2019 ICR are: IC 4— 

Review of internal models; IC 5—Internal audit 

report; IC 6—Backtesting adjustments to risk-based 

capital ratio calculations; IC 10—Modeled specific 

risk; IC 13—Requirements of stress testing; IC 14— 

Securitization position; IC 17—Quantitative 

disclosures for each portfolio of covered positions 

(IC numbers refer to those in the 2019 ICR memo). 

2The newly-introduced ICs are: IC 4—Prior 

approval to use internal models (324.203(c)(1)); IC 

5—Documentation of internal models and other 

activities (324.203(f)); IC 6—Prior approval for 

certain capital standards (324.204(a)(2)(vi)(B)); IC 

12—Recordkeeping for stress tests (324.209(c)(2)); 

and IC 13—Demonstrate understanding of 

securitization positions (324.210(f)(1)). 

3See https://www.reginfo.gov/public/do/ 

PRAOMBHistory?ombControlNumber=7100-0314. 

these policies and procedures. Section 

324.207(b)(1) details requirements 

applicable to a covered FDIC-supervised 

institution when the covered FDICsupervised institution uses internal 

models to measure the specific risk of 

certain covered positions. Section 

324.208 requires covered FDICsupervised institutions to obtain prior 

written FDIC approval for including 

equity positions in its incremental risk 

modeling. Section 324.209(a) requires 

prior FDIC approval for the use of a 

comprehensive risk measure. Section 

324.209(c)(2) requires covered FDICsupervised institutions to retain and 

report the results of supervisory stress 

testing. Section 324.210(f)(2)(i) requires 

covered FDIC supervised institutions to 

document an internal analysis of the 

risk characteristics of each 

securitization position in order to 

demonstrate an understanding of the 

position. Section 324.212 applies to 

certain covered FDIC supervised 

institutions that are not subsidiaries of 

bank holding companies, and requires 

quarterly quantitative disclosures, 

annual qualitative disclosures, and a 

formal disclosure policy approved by 

the board of directors that addresses the 

approach for determining the market 

risk disclosures it makes. 

Relative to the 2019 information 

collection request (ICR), the set of 

information collections (ICs) included 

in the above burden estimates has been 

revised. A detailed review of the 18 ICs 

included in the 2019 ICR showed that 

seven of the ICs appear inconsistent 

with the requirements in subpart F or 

potentially repeat other identified PRA 

requirements in subpart F. Those seven 

ICs have been deleted from the set of ICs 

retained in this renewal.1 Additionally, 

a detailed review of subpart F found five 

provisions that require covered 

institutions to conduct third-party 

disclosure, recordkeeping, or reporting 

and were not included in the 2019 ICR. 

The PRA requirements of these five 

provisions have been introduced as ICs 

in the burden estimate above.2 Lastly, a 

review of the 2019 Supporting 

Statement for the Federal Reserve’s 

approved information collection (OMB 

No. 7100–0314) for its Market Risk 

Capital Requirements regulations (12 

CFR 217 subpart F) shows that the OMB 

No. 7100–0314 list of ICs corresponds 

with the modified set of ICs in this 

renewal, and would therefore promote 

consistency among how the banking 

agencies estimate the PRA burden for 

the market risk capital rule.3

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 April 21, 

2022. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2022–08916 Filed 4–26–22; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL MARITIME COMMISSION 

Notice of Agreements Filed 

The Commission hereby gives notice 

of filing of the following agreements 

under the Shipping Act of 1984. 

Interested parties may submit 

comments, relevant information, or 

documents regarding the agreements to 

the Secretary by email at Secretary@

fmc.gov, or by mail, Federal Maritime 

Commission, 800 North Capitol Street, 

Washington, DC 20573. Comments will 

be most helpful to the Commission if 

received within 12 days of the date this 

notice appears in the Federal Register, 

and the Commission requests that 

comments be submitted within 7 days 

on agreements that request expedited 

review. Copies of agreements are 

available through the Commission’s 

website (www.fmc.gov) or by contacting 

the Office of Agreements at (202)-523– 

5793 or tradeanalysis@fmc.gov. 

Agreement No.: 201382. 

Agreement Name: Volkswagen 

Konzernlogistik GmbH & Co. OHG/EPS 

Chartering (UK) Limited Space Charter 

Agreement. 

Parties: Volkswagen Konzernlogistik 

GmbH & Co. OHG and EPS Chartering 

(UK) Limited. 

Filing Party: Ashley Craig; Venable 

LLP. 

Synopsis: The Agreement authorizes 

the parties to charter space to each other 

in the trades between the U.S. East and 

Gulf Coasts, on one hand, and ports in 

Mexico, Canada, and Germany, on the 

other hand. 

Proposed Effective Date: 4/14/2022. 

Location: https://www2.fmc.gov/ 

FMC.Agreements.Web/Public/ 

AgreementHistory/61515. 

Agreement No.: 201383. 

Agreement Name: Hyundai Glovis/ 

Liberty Space Charter Agreement. 

Parties: Hyundai Glovis Co., Ltd. and 

Liberty Global Logistics LLC. 

Filing Party: Wayne Rohde; Cozen 

O’Connor. 

Synopsis: The Agreement authorizes 

the parties to charter space to each other 

in all U.S. trades. 

Proposed Effective Date: 6/2/2022. 

Location: https://www2.fmc.gov/ 

FMC.Agreements.Web/Public/ 

AgreementHistory/61518. 

Agreement No.: 201384. 

Agreement Name: Hyundai Glovis/ 

Liberty Korea Space Charter Agreement. 

Parties: Hyundai Glovis Co., Ltd. and 

Liberty Global Logistics LLC. 

Filing Party: Wayne Rohde; Cozen 

O’Connor. 

Synopsis: The Agreement authorizes 

the parties to charter space to/from one 

another in the trade between Korea and 

the Pacific Coast of the United States. 

Proposed Effective Date: 4/19/2022. 

Location: https://www2.fmc.gov/ 

FMC.Agreements.Web/Public/ 

AgreementHistory/61516. 

Dated: April 21, 2022. 

William Cody, 

Secretary. 

[FR Doc. 2022–08917 Filed 4–26–22; 8:45 am] 

BILLING CODE 6730–02–P 

FEDERAL TRADE COMMISSION 

[File No. 211 0131] 

American Securities Partners/Ferro; 

Analysis of Agreement Containing 

Consent Orders To Aid Public 

Comment 

AGENCY: Federal Trade Commission. 

ACTION: Proposed consent agreement; 

request for comment. 

SUMMARY: The consent agreement in this 

matter settles alleged violations of 


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