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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