Federal Register / Vol. 87, No. 89 / Monday, May 9, 2022 / Notices 27639 

1 In 2020, there were 13,301 FR Y–10’s processed 

for the 3,950 reporting institutions. This volume 

yields an approximate annual frequency of 3.37. 

2 The FR Y–10E is event-generated and the data 

are submitted on an ad-hoc basis as needed. 

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, 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: Comments must be submitted on 

or before July 8, 2022. 

ADDRESSES: You may submit comments, 

identified by FR Y–6, FR Y–7, FR Y–10 

and FR Y–10E, by any of the following 

methods: 

• Agency Website: https://

www.federalreserve.gov/. Follow the 

instructions for submitting comments at 

https://www.federalreserve.gov/apps/ 

foia/proposedregs.aspx. 

• Email: regs.comments@

federalreserve.gov. Include the OMB 

number or FR number in the subject line 

of the message. 

• FAX: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Federal Reserve Board of 

Governors, Attn: Ann E. Misback, 

Secretary of the Board, Mailstop M– 

4775, 2001 C St. NW, Washington, DC 

20551. 

All public comments are available 

from the Board’s website at https://

www.federalreserve.gov/apps/foia/ 

proposedregs.aspx as submitted, unless 

modified for technical reasons or to 

remove personally identifiable 

information at the commenter’s request. 

Accordingly, comments will not be 

edited to remove any confidential 

business information, identifying 

information, or contact information. 

Public comments may also be viewed 

electronically or in paper in Room M– 

4365A, 2001 C St. NW, Washington, DC 

20551, between 9:00 a.m. and 5:00 p.m. 

on weekdays. For security reasons, the 

Board requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 452–3684. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and to submit to security 

screening in order to inspect and 

photocopy comments. 

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, Washington, DC 20551, (202) 

452–3829. 

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 

solicit comment. In determining 

whether to approve a collection of 

information, the Board will consider all 

comments received from the public and 

other agencies. 

During the comment period for this 

proposal, a copy of the proposed PRA 

OMB submission, including the draft 

reporting form and instructions, 

supporting statement, and other 

documentation, will be made available 

on the Board’s public website at https:// 

www.federalreserve.gov/apps/ 

reportforms/review.aspx or may be 

requested from the agency clearance 

officer, whose name appears above. 

Final versions of these documents will 

be made available at https://

www.reginfo.gov/public/do/PRAMain, if 

approved. 

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 Extend for Three Years, 

With Revision, the Following 

Information Collections 

Collection titles: Annual Report of 

Holding Companies; Annual Report of 

Foreign Banking Organizations; Report 

of Changes in Organizational Structure; 

Supplement to the Report of Changes in 

Organizational Structure. 

Collection identifiers: FR Y–6; FR Y– 

7; FR Y–10; and FR Y–10E. 

OMB control number: 7100–0297. 

Frequency: FR Y–6: Annual; FR Y–7: 

Annual; FR Y–10: Event-generated; 1 FR 

Y–10E: Event-generated.2

Respondents: Bank holding 

companies (BHCs), savings and loan 

holding companies (SLHCs), securities 

holding companies, and intermediate 

holding companies (IHCs) (collectively, 

holding companies (HCs)), foreign 

banking organizations (FBOs), state 

member banks that are not controlled by 

an HC, Edge and agreement corporations 

that are not controlled by a member 

bank, a 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). 

Estimated number of respondents: FR 

Y–6: 3,803; FR Y–7: 236; FR Y–10: 

3,950; FR Y–10E: 3,950. 

Estimated average hours per response: 

Reporting 

FR Y–6: 2.5; FR Y–7: 3; FR Y–10: 2.5; 

FR Y–10E: 0.5. 

Recordkeeping 

FR Y–6: 0.5; FR Y–10: 0.5. 

Estimated annual burden hours: 

Reporting 

FR Y–6: 9,508; FR Y–7: 708; FR Y–10: 

33,253; FR Y–10E: 1,975. 

Recordkeeping 

FR Y–6: 1,902; FR Y–10: 6,651. 

General description of report: The FR 

Y–6 is filed by all top-tier HCs and nonqualifying FBOs. The report collects an 

organizational chart and annual 


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27640 Federal Register / Vol. 87, No. 89 / Monday, May 9, 2022 / Notices 

verification of domestic branches within 

the organization and includes 

information on the identity, percentage 

ownership, and business interests of 

principal shareholders, directors, and 

executive officers. The FR Y–6 can be 

filed via a paper or electronic (Portable 

Document Format) submission to the 

appropriate Federal Reserve Bank. 

The FR Y–7 is an annual report filed 

by qualifying FBOs that have a U.S. 

banking presence. The report collects 

financial statements, organizational 

information, shares and shareholder 

information, and data on the eligibility 

to be a qualified FBO as defined by the 

Board’s Regulation K. The FR Y–7 can 

be filed via a paper submission mailed 

to the appropriate Federal Reserve Bank. 

The FR Y–10 is an event-generated 

information collection that captures 

changes in organizational structure or 

the regulated investments and activities 

of various entities. The FR Y–10 can be 

filed electronically or via a paper, email, 

or fax submission to the appropriate 

Federal Reserve Bank. 

The FR Y–10E is a free-form 

supplement to the FR Y–10 that the 

Board uses to collect additional 

structural information as needed on an 

emergency basis. Responses for the FR 

Y–10E are voluntary. Submission 

methods vary depending on the nature 

and time-sensitivity of the data requests. 

Proposed revisions: The Board 

proposes to (1) revise the FR Y–6 

reporting requirements for reporters 

who do not have any changes from their 

prior year’s submission, (2) revise the 

FR Y–6 to automate and add a standard 

template for reporting item three, 

securities holders, and item four, 

insiders, (3) revise the FR Y–6 and FR 

Y–7 instructions for how the 

organizational chart and the tiered 

structure information are reported, (4) 

revise the FR Y–7 instructions to require 

the top tier FBO to file for its subsidiary 

FBOs, (5) revise the FR Y–6 instructions 

for how branches of domestic 

depository institutions and Edge and 

agreement corporations are verified and 

reconciled, (6) revise the FR Y–7 

instructions language requirements for 

submission of the annual report to 

shareholders, (7) revise the FR Y–10 

definition of control in the Glossary 

section of the instructions, (8) revise the 

FR Y–10 instructions for the legal 

authority codes and terminology for 

unitary savings and loans holding 

company activities that meet the 

requirements of section 10(c)(9)(C) of 

the Home Owners’ Loan Act (HOLA), (9) 

revise the FR Y–10 instructions to 

update descriptions for legal authority 

codes 14, 68 and 999, (10) revise the FR 

Y–10 reporting form to add an election 

to become a Covered Savings 

Association (CSA) as a reportable event, 

(11) revise the FR Y–10 instructions to 

remove savings associations from the 

definition of nonbanking company, (12) 

clarify the FR Y–10 instructions for the 

definition of a head office location, (13) 

clarify the FR Y–10 instructions for the 

state of incorporation for federally 

chartered entities, (14) revise the FR Y– 

6 and the FR Y–10 instructions to add 

a requirement that respondents keep a 

record of the data submitted, and (15) 

make other minor clarifications and 

conforming edits to the FR Y–6, FR Y– 

7, and FR Y–10 forms and instructions. 

The proposed effective dates are as 

follows: 

December 31, 2022: 

• Revise the FR Y–6 reporting 

requirements for reporters who do not 

have any changes from their prior year’s 

submission. 

December 31, 2024: 

• Revise the FR Y–6 to automate and 

add a standard template for reporting 

item three, securities holders, and item 

four, insiders. 

• Revise the FR Y–6 and FR Y–7 

instructions for how the organizational 

chart and the tiered structure 

information are reported. 

• Revise the FR Y–6 instructions for 

how branches of domestic depository 

institutions and Edge and agreement 

corporations are verified and reconciled. 

All other changes are proposed to be 

effective September 30, 2022. There are 

no changes proposed to the FR Y–10E. 

FR Y–6 Reporting Requirements for 

Reporters Without Changes 

The Board proposes to revise the FR 

Y–6 instructions and report form cover 

page to add a ‘‘Yes/No’’ checkbox for 

reporters to indicate whether the firm 

had changes to any reportable items 

from the prior year’s submission. In 

addition, the Board proposes to add a 

‘‘Yes/No’’ checkbox to items 2, 3 and 4 

for reporters to specifically indicate the 

item(s) that changed. Currently, all HCs 

are required to file the full FR Y–6 

report no later than 90 calendar days 

after their fiscal year-end. Under this 

proposal, reporters that check ‘‘Yes’’ for 

having changes to any reportable items 

would also check ‘‘Yes’’ for the specific 

item(s) that changed and submit this 

information as part of their FR Y–6 

submission for the year. Reporters that 

check ‘‘No’’ for not having reportable 

changes would only be required to 

submit the signed cover page annually, 

along with a copy of their annual report 

to shareholders if they meet the 

reporting criteria for its submission. 

These revisions would reduce reporting 

burden for HCs that do not have changes 

to reportable items in a given year. 

FR Y–6 Reporting for Securities Holders 

and Insiders 

The Board proposes to revise the FR 

Y–6 report form and instructions to add 

a standard template for reporting item 3, 

securities holders, and item 4, insiders, 

and to add electronic submission of 

these items. Currently, HCs submit a 

listing of their securities holders and 

insiders information. The format varies 

by HC, given that the volume of 

reportable information is based on the 

size and complexity of the reporter. 

Standardizing these items simplifies 

reporting this information and allows 

for electronic submission in lieu of 

paper or PDF filing. In addition, 

electronic filing facilitates easier data 

submission and faster processing and 

provides ready accessibility of prior 

filings. 

FR Y–6 and FR Y–7 Organization Chart 

The Board proposes to revise item 2.a, 

Organization Chart, of the FR Y–6 and 

FR Y–7 to modify how reporters submit 

their organization chart. Under the 

proposal, reporters would no longer be 

required to submit a hard copy of their 

organization chart. The Board proposes 

to implement an electronic system for 

reporters to access their organization 

chart securely and reconcile their 

structure data. The revised instructions 

would remind reporters that, if they had 

any organizational changes that should 

have been reported previously, they 

would be required to submit an FR Y– 

10. 

FR Y–6 and FR Y–7 Tiered Structure 

Page 

The Board proposes to remove the FR 

Y–6 and FR Y–7 tiered structure page. 

As described above on the changes for 

item 2.a, Organization Chart, reporters 

would access their tiered structure in a 

secure system to reconcile any 

discrepancies. 

FR Y–7 Reporter in a Multi-Tiered 

Organization 

The Board proposes to revise the FR 

Y–7 instructions to require the top tier 

FBO to file for its subsidiary FBOs. This 

will reduce confusion as to which FBO 

would be filing in a multi-tiered 

organization and ensure that 

information reported is appropriately 

captured under the ultimate parent 

FBO. 

FR Y–6 Domestic Branch Listing 

The Board proposes to decommission 

the branch verification website, listed in 

item 2.b of the FR Y–6. As described 


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Federal Register / Vol. 87, No. 89 / Monday, May 9, 2022 / Notices 27641 

3 85 FR 12398 (March 2, 2020). 4 12 U.S.C. 1464a. 

5 Section 102(a)(1) of the Dodd-Frank Act (12 

U.S.C. 5311(a)(1)), defines ‘‘bank holding company’’ 

for purposes of Title I of the Dodd-Frank Act to 

include FBOs that are treated as bank holding 

companies under section 8(a) of the IBA (12 U.S.C. 

3106(a)). The Board has required, pursuant to 

section 165(b)(1)(B)(iv) of the Dodd-Frank Act (12 

U.S.C. 5365(b)(1)(B)(iv)), certain FBOs subject to 

section 165 of the Dodd-Frank Act to form U.S. 

IHCs. Accordingly, the parent foreign-based 

organization of a U.S. IHC is treated as a BHC for 

purposes of the BHC Act and section 165 of the 

Dodd-Frank Act. Because section 5(c) of the BHC 

Act authorizes the Board to require reports from 

subsidiaries of BHCs, section 5(c) provides 

authority to require U.S. IHCs to report the 

information contained in the FR Y–6. 

above on the changes for item 2.a, 

Organization Chart, reporters would 

access their domestic depository 

institutions and their branches and Edge 

and agreement corporations in a secure 

system to reconcile any discrepancies. 

FR Y–7 Annual Report to Shareholders 

The Board proposes to revise the FR 

Y–7 instructions to require the annual 

report to be submitted in English only. 

Currently, FBOs that prepare an annual 

report for their shareholders are 

required to submit a copy in the original 

language and an English translation 

copy for each reported FBO. This 

proposed change would result in a small 

burden reduction for respondents who 

prepare an annual report in languages 

other than English. 

FR Y–10 Glossary—Definition of Control 

The Board proposes to revise the 

definition of control in the FR Y–10 

Glossary to be in line with the Board’s 

final rule on control 3 and other Board 

forms. This proposed change would 

provide clarity to respondents when 

determining what constitutes control. 

FR Y–10 Legal Authority Code and 

Terminology for HOLA Section 

10(c)(9)(C) 

The Board proposes to update the FR 

Y–10 to refer to unitary SLHCs subject 

to section 10(c)(9)(C) of HOLA as 

‘‘Legacy Unitary Savings and Loan 

Holding Companies’’ (LUSLHCs). 

Additionally, the Board proposes to 

revise the definition for Legal Authority 

Code (LAC) 412 to be applicable to 

unitary SLHCs subject to section 

10(c)(9)(C), rather than section 

10(c)(6)(B), of the HOLA, as the revised 

citation is the proper authority for 

LUSLHCs. The Board also proposes to 

remove the LAC 410 from Appendix A 

of the FR Y–10, which would no longer 

be used in light of the proposed change 

to LAC 412. 

FR Y–10 Legal Authority Code 

Descriptions 

The Board proposes to revise the FR 

Y–10 instructions to update the 

description for legal authority codes 14, 

68 and 999. The descriptions contain 

outdated terminology, and the revisions 

provide updated guidance from the 

relevant statutory language. 

FR Y–10 Covered Savings Associations 

The Board proposes to revise the 

Savings and Loan Holding Company 

schedule of the FR Y–10 form and 

instructions by adding as a reportable 

change in legal authority a notice by an 

HC’s subsidiary federal savings 

association (FSA) to the Office of the 

Comptroller of the Currency (OCC) to 

operate as a CSA. Section 5A of HOLA 

permits FSAs that meet certain criteria 

to elect national bank powers and 

operate as CSAs without having to 

change their charters by submitting a 

notice of election to the OCC.4 With 

limited exceptions, the Federal Reserve 

treats CSAs as national banks and their 

controlling HCs as bank holding 

companies. Eligible FSAs have been 

able to take this election since May 24, 

2019, when the OCC issued its final rule 

on CSAs. CSAs and their controlling 

HCs are currently not required to 

provide the Federal Reserve notice of 

the election and there is currently no 

publicly available way to collect this 

information. Given that the CSA 

election materially changes the nature of 

supervision and regulation of the 

electing FSA and its controlling HC, this 

revision would allow the Federal 

Reserve to track this change in legal 

authority in a timely matter. 

A new box with the company type 

labeled ‘‘Federal Savings Association/ 

Covered Savings Association’’ will also 

be added to item 9, Savings and Loan 

Type, for eligible reporters. 

Additionally, the Board proposes to 

update the Glossary to define CSAs. 

FR Y–10 Description of Savings 

Association as Nonbank Company 

The Board proposes to update the FR 

Y–10 forms and instructions to remove 

references to a savings association as a 

nonbanking company. This change 

would reduce confusion since a savings 

association company is not considered 

to be a nonbank company for FR Y–10 

reporting purposes as the transactions 

involving these entities are reported in 

the Savings and Loan Schedule. 

FR Y–10 Head Office Location 

The Board proposes to revise the FR 

Y–10 instructions to clarify that a head 

office location of a depository 

institution may also include a separately 

licensed branch at the same address. 

This clarification will help to reduce 

confusion on when a head office 

location should be reported as a branch 

and how to accurately identify all bank 

branches. The Board also proposes to 

revise the FR Y–10 instructions to 

clarify that reporters should use the 

location where the main activities and 

operations of an entity are conducted 

when reporting the head office of an 

entity without a brick-and-mortar 

location. 

FR Y–10 State of Incorporation 

The Board proposes to revise the FR 

Y–10 instructions to require nationally 

chartered entities to indicate that they 

are ‘‘federally chartered’’ when 

reporting where they are incorporated. 

The current instructions require the 

state of incorporation to be reported for 

all reportable entities, but do not 

include instructions for how nationally 

chartered entities should report. 

FR Y–6 and FR Y–10 Recordkeeping 

Requirement 

Finally, the Board proposes to revise 

the FR Y–6 and the FR Y–10 

instructions to require respondents to 

maintain in their files a physical copy 

of the manually signed FR Y–6 and FR 

Y–10 submissions. These reports do not 

currently account for recordkeeping, 

and this information must be 

maintained for a period of three years 

following submission. 

Legal authorization and 

confidentiality: The FR Y–6 is 

authorized by the Board’s reporting 

authorities, which are located in section 

5(c)(1) of the BHC Act for BHCs (12 

U.S.C. 1844(c)(1)), section 10(b)(2) of 

HOLA for SLHCs (12 U.S.C. 

1467a(b)(2)), and section 618 of the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act (Dodd-Frank 

Act) for securities holding companies 

(12 U.S.C. 1850a(c)(1)). The Board has 

authority to require IHCs to file the FR 

Y–6 pursuant to section 5(c) of the BHC 

Act (12 U.S.C. 1844(c)) and sections 

102(a)(1) and 165 of the Dodd-Frank Act 

(12 U.S.C. 5311(a)(1) and 5365).5 The 

Board has the authority to require any 

top-tier HC that is organized under 

foreign law but is not a FBO, and any 

FBO that does not meet the 

requirements of and is not treated as a 

qualifying FBO under Regulation K, to 

file the FR Y–6 under sections 8(a) and 

13(a) of the International Banking Act of 

1978 (IBA) (12 U.S.C. 3106(a) and 

3108(a)) and section 5(c)(1) of the BHC 

Act (12 U.S.C. 1844(c)(1)). Section 8(a) 

of the IBA makes certain FBOs subject 

to the provisions of the BHC Act, and 


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27642 Federal Register / Vol. 87, No. 89 / Monday, May 9, 2022 / Notices 

section 13(a) of the IBA authorizes the 

Board to ‘‘issue such rules, regulations, 

and orders as’’ it may deem necessary in 

order to perform its ‘‘respective duties 

and functions under this chapter and to 

administer and carry out the provisions 

and purposes of this chapter and 

prevent evasions thereof.’’ 

The FR Y–7 is authorized by sections 

8(a) and 13(a) of the IBA and section 

5(c)(1) of the BHC Act. 

The FR Y–10 and FR Y–10E are 

authorized by the Board’s reporting 

authorities, which are located in section 

5(c)(1) of the BHC Act for BHCs, section 

10(b)(2) of HOLA for SLHCs, and 

section 618 of the Dodd-Frank Act for 

securities holding companies. The 

Board is authorized to require state 

member banks and agreement and Edge 

corporations to file the FR Y–10 by 

reporting authorities located in sections 

9(6), 25, and 25A of the Federal Reserve 

Act (FRA) (for state member banks, 

agreement corporations, and Edge 

corporations, respectively) (12 U.S.C. 

324, 602, and 625, respectively). 

Similarly, information collection from 

national banks under the FR Y–10 and 

FR Y–10E with respect to their foreign 

branches, their investments made under 

Subpart A of Regulation K, and foreign 

branches of their foreign subsidiaries 

that are investments made under 

Subpart A of Regulation K, is authorized 

by the reporting authorities located in 

sections 25 and 25A of the FRA. The 

Board has the authority to require FBOs 

to file the FR Y–10 under sections 8(a) 

and 13(a) of the IBA and section 5(c)(1) 

of the BHC Act. 

Information collections under the FR 

Y–6, FR Y–7, and FR Y–10 are 

mandatory. Information collections 

under the FR Y–10E are voluntary. 

Individual respondents may request 

that information submitted to the Board 

through the FR Y–6, FR Y–7, FR Y–10, 

and FR Y–10E be kept confidential. If a 

respondent requests confidential 

treatment, the Board will determine 

whether the information is entitled to 

confidential treatment on a case-by-case 

basis. To the extent a respondent 

submits nonpublic commercial or 

financial information, which is both 

customarily and actually treated as 

private by the respondent, the 

respondent may request confidential 

treatment pursuant to exemption 4 of 

the Freedom of Information Act (FOIA) 

(5 U.S.C. 552(b)(4)). To the extent a 

respondent submits personal, medical, 

or similar files, the disclosure of which 

would constitute an unwarranted 

invasion of privacy, the respondent may 

request confidential treatment pursuant 

to exemption 6 of the FOIA (5 U.S.C. 

552(b)(6)). Additionally, personal home 

addresses of securities holders 

submitted in response to the FR Y–7 

will be treated as confidential pursuant 

to exemption 6 of the FOIA. 

Board of Governors of the Federal Reserve 

System. 

Dated: May 3, 2022. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–09850 Filed 5–6–22; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisitions of Shares of a Bank or 

Bank Holding Company 

The notificants listed below have 

applied under the Change in Bank 

Control Act (Act) (12 U.S.C. 1817(j)) and 

§ 225.41 of the Board’s Regulation Y (12 

CFR 225.41) to acquire shares of a bank 

or bank holding company. The factors 

that are considered in acting on the 

applications are set forth in paragraph 7 

of the Act (12 U.S.C. 1817(j)(7)). 

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 paragraph 7 of 

the Act. 

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 May 24, 2022. 

A. Federal Reserve Bank of 

Minneapolis (Chris P. Wangen, 

Assistant Vice President), 90 Hennepin 

Avenue, Minneapolis, Minnesota 

55480–0291. Comments can also be sent 

electronically to MA@mpls.frb.org. 

1. The Williams Family 2021 

Irrevocable Trust Agreement and James 

L. Williams III, individually, and as 

trustee, both of Casselton, North Dakota; 

to join the Williams Family Group, a 

group acting in concert, to retain voting 

shares of First Financial Corporation, 

and thereby indirectly retain voting 

shares of BankNorth, both of Arthur, 

North Dakota. 

Board of Governors of the Federal Reserve 

System, May 4, 2022. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–09930 Filed 5–6–22; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF HEALTH AND 

HUMAN SERVICES 

Agency for Healthcare Research and 

Quality 

Patient Safety Organizations: 

Voluntary Relinquishment for the Ohio 

Patient Safety Institute 

AGENCY: Agency for Healthcare Research 

and Quality (AHRQ), Department of 

Health and Human Services (HHS). 

ACTION: Notice of delisting. 

SUMMARY: The Patient Safety and 

Quality Improvement Final Rule 

(Patient Safety Rule) authorizes AHRQ, 

on behalf of the Secretary of HHS, to list 

as a patient safety organization (PSO) an 

entity that attests that it meets the 

statutory and regulatory requirements 

for listing. A PSO can be ‘‘delisted’’ by 

the Secretary if it is found to no longer 

meet the requirements of the Patient 

Safety and Quality Improvement Act of 

2005 (Patient Safety Act) and Patient 

Safety Rule, when a PSO chooses to 

voluntarily relinquish its status as a 

PSO for any reason, or when a PSO’s 

listing expires. AHRQ accepted a 

notification of proposed voluntary 

relinquishment from the Ohio Patient 

Safety Institute, PSO number P0041, of 

its status as a PSO, and has delisted the 

PSO accordingly. 

DATES: The delisting was effective at 

12:00 Midnight ET (2400) on April 30, 

2022. 

ADDRESSES: The directories for both 

listed and delisted PSOs are ongoing 

and reviewed weekly by AHRQ. Both 

directories can be accessed 

electronically at the following HHS 

website: http://www.pso.ahrq.gov/listed. 

FOR FURTHER INFORMATION CONTACT: 

Cathryn Bach, Center for Quality 

Improvement and Patient Safety, AHRQ, 

5600 Fishers Lane, MS 06N100B, 

Rockville, MD 20857; Telephone (toll 

free): (866) 403–3697; Telephone (local): 

(301) 427–1111; TTY (toll free): (866) 

438–7231; TTY (local): (301) 427–1130; 

Email: pso@ahrq.hhs.gov. 

SUPPLEMENTARY INFORMATION: 

Background 

The Patient Safety Act, 42 U.S.C. 

299b-21 to 299b-26, and the related 

Patient Safety Rule, 42 CFR part 3, 


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