29440 Federal Register / Vol. 87, No. 93 / Friday, May 13, 2022 / Notices 

1 42 U.S.C. 4001–4129. 

assemblies under their control after the 

petitioners notified them that the 

subject noncompliance existed. 

(Authority: 49 U.S.C. 30118, 30120: 

delegations of authority at 49 CFR 1.95 and 

501.8) 

Otto G. Matheke, III, 

Director, Office of Vehicle Safety Compliance. 

[FR Doc. 2022–10384 Filed 5–12–22; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Submission for OMB Review; 

Loans in Areas Having Special Flood 

Hazards 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites the 

general public and other Federal 

agencies to take this opportunity to 

comment on a continuing information 

collection as required by the Paperwork 

Reduction Act of 1995 (PRA). In 

accordance with the requirements of the 

PRA, the OCC may not conduct or 

sponsor, and the respondent is not 

required to respond to, an information 

collection unless it displays a currently 

valid Office of Management and Budget 

(OMB) control number. The OCC is 

soliciting comment concerning the 

renewal of its information collection 

titled ‘‘Loans in Areas Having Special 

Flood Hazards.’’ The OCC also is giving 

notice that it has sent the collection to 

OMB for review. 

DATES: Comments must be received by 

June 13, 2022. 

ADDRESSES: Commenters are encouraged 

to submit comments by email, if 

possible. You may submit comments by 

any of the following methods: 

• Email: prainfo@occ.treas.gov. 

• Mail: Chief Counsel’s Office, 

Attention: Comment Processing, 1557– 

0326, Office of the Comptroller of the 

Currency, 400 7th Street SW, Suite 3E– 

218, Washington, DC 20219. 

• Hand Delivery/Courier: 400 7th 

Street SW, Suite 3E–218, Washington, 

DC 20219. 

• Fax: (571) 465–4326. 

Instructions: You must include 

‘‘OCC’’ as the agency name and ‘‘1557– 

0326’’ in your comment. In general, the 

OCC will publish comments on 

www.reginfo.gov without change, 

including any business or personal 

information provided, such as name and 

address information, email addresses, or 

phone numbers. Comments received, 

including attachments and other 

supporting materials, are part of the 

public record and subject to public 

disclosure. Do not include any 

information in your comment or 

supporting materials that you consider 

confidential or inappropriate for public 

disclosure. 

Written comments and 

recommendations for the proposed 

information collection should also be 

sent within 30 days of publication of 

this notice to www.reginfo.gov/public/ 

do/PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

On March 8, 2022, the OCC published 

a 60-day notice for this information 

collection, 87 FR 13043. You may 

review comments and other related 

materials that pertain to this 

information collection following the 

close of the 30-day comment period for 

this notice by the method set forth in 

the next bullet. 

• Viewing Comments Electronically: 

Go to www.reginfo.gov. Hover over the 

‘‘Information Collection Review’’ tab 

and click on ‘‘Information Collection 

Review.’’ From the ‘‘Currently under 

Review’’ drop-down menu, select 

‘‘Department of Treasury’’ and then 

click ‘‘submit.’’ This information 

collection can be located by searching 

by OMB control number ‘‘1557–0326’’ 

or ‘‘Loans in Areas Having Special 

Flood Hazards.’’ Upon finding the 

appropriate information collection, click 

on the related ‘‘ICR Reference Number.’’ 

On the next screen, select ‘‘View 

Supporting Statement and Other 

Documents’’ and then click on the link 

to any comment listed at the bottom of 

the screen. 

• For assistance in navigating 

www.reginfo.gov, please contact the 

Regulatory Information Service Center 

at (202) 482–7340. 

FOR FURTHER INFORMATION CONTACT: 

Shaquita Merritt, OCC Clearance 

Officer, (202) 649–5490, Chief Counsel’s 

Office, Office of the Comptroller of the 

Currency, 400 7th Street SW, Suite 3E– 

218, Washington, DC 20219. If you are 

deaf, hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: Under the 

PRA (44 U.S.C. 3501–3520), Federal 

agencies must obtain approval from the 

OMB for each collection of information 

that they conduct or sponsor. 

‘‘Collection of information’’ is defined 

in 44 U.S.C. 3502(3) and 5 CFR 

1320.3(c) to include agency requests or 

requirements that members of the public 

submit reports, keep records, or provide 

information to a third party. The OCC 

asks that OMB extend its approval of the 

collection in this notice. 

Title: Loans in Areas Having Special 

Flood Hazards. 

OMB Control No.: 1557–0326. 

Type of Review: Regular. 

Abstract: This information collection 

is required to evidence compliance with 

the requirements of the Federal flood 

insurance statutes with respect to 

lenders and servicers and set forth in 

OCC regulations at 12 CFR part 22. 

These provisions are required by the 

National Flood Insurance Act of 1968 

and the Flood Disaster Protection Act of 

1973, as amended.1 The information 

collection requirements in part 22 are as 

follows: 

• 12 CFR 22.3—Requirement to 

Purchase Flood Insurance Where 

Available—Under § 22.3(c)(3), national 

banks and Federal savings associations 

have the discretion to accept a flood 

insurance policy issued by a private 

insurer that is not issued under the 

National Flood Insurance Program 

(NFIP) and does not meet the definition 

of private flood insurance if, among 

other things, the policy provides 

sufficient protection of the designated 

loan, consistent with general safety and 

soundness principles, and the bank or 

savings association has documented its 

conclusion regarding sufficiency of the 

protection in writing. Under 

§ 22.3(c)(4)(iv), national banks and 

Federal savings associations may accept 

a private policy issued by a mutual aid 

society if, among other things, the 

coverage provides sufficient protection 

of the designated loan, consistent with 

general safety and soundness principles, 

and the bank or savings association has 

documented its conclusion regarding 

sufficiency of the protection in writing. 

• 12 CFR 22.5—Escrow 

Requirements—With certain exceptions 

with respect to types of loans and size 

of institution, national banks, Federal 

savings associations, and their servicers 

must escrow flood insurance premiums 

and fees for all loans secured by 

properties located in a special flood 

hazard area made, increased, extended, 

or renewed on or after January 1, 2016. 

When escrow is required, the national 

bank or Federal savings associations 

must mail or deliver to the borrower a 

written notice informing the borrower 

that the bank or savings association is 


lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 87, No. 93 / Friday, May 13, 2022 / Notices 29441 

required to escrow all premiums and 

fees for required flood insurance. 

• 12 CFR 22.6(a)—Required Use of 

Standard Flood Hazard Determination 

Form—A national bank or Federal 

savings association must use the 

Standard Flood Hazard Determination 

Form developed by FEMA when 

determining whether a property offered 

as collateral is or will be located in a 

special flood area. 

• 12 CFR 22.6(b)—Retention of 

Standard Flood Hazard Determination 

Form—A national bank or Federal 

savings association must retain a copy 

of the completed Standard Flood Hazard 

Determination Form for the period of 

time the bank or savings association 

owns the loan. 

• 12 CFR 22.7—Notice of Forced 

Placement of Flood Insurance—If a 

national bank or Federal savings 

association, or its loan servicer, 

determines during the period of time the 

bank or savings association owns the 

loan that the property securing the loan 

is not covered by adequate flood 

insurance, the bank or savings 

association, or its loan servicer, must 

notify the borrower that the borrower 

should obtain adequate flood insurance 

coverage at the borrower’s expense in an 

amount at least equal to the minimum 

amount required under the regulation 

for the remaining term of the loan. If the 

borrower fails to purchase insurance, 

the bank or savings association, or its 

servicer, must purchase insurance on 

the borrower’s behalf and may charge 

the borrower for the premiums and fees. 

The insurance provider must be notified 

to terminate any insurance purchased 

by an institution or servicer within 30 

days of receipt of confirmation of a 

borrower’s existing flood insurance 

coverage. 

• 12 CFR 22.9(a) and (b)—Notice to 

Borrower and Servicer—A national bank 

or Federal savings association making, 

increasing, extending, or renewing a 

loan secured by property located in a 

special flood hazard area must provide 

a written notice to the borrower and 

loan servicer (borrower notice). The 

borrower notice must include a warning 

that the property securing the loan is 

located in a special flood hazard area; a 

description of the flood insurance 

purchase requirements; a statement 

indicating that flood insurance is 

available under the NFIP, where 

applicable; a statement that flood 

insurance providing the same level of 

coverage may be available from private 

insurance companies; a statement that 

borrowers are encouraged to compare 

NFIP and private flood insurance 

policies; and a statement whether 

Federal disaster relief assistance may be 

available in the event of a declared 

Federal flood disaster. 

• 12 CFR 22.9(d) and (e)—Record of 

Borrower and Servicer Receipt of Notice 

and Alternate Method of Notice—A 

national bank or Federal savings 

association must retain a record of the 

receipt of the borrower notices by the 

borrower and the loan servicer for the 

period of time the bank or savings 

association owns the loan. In lieu of 

providing the borrower notice, a 

national bank or savings association 

may obtain a satisfactory written 

assurance from a seller or lessor that, 

within a reasonable time before 

completion of the sale or lease 

transaction, the seller or lessor has 

provided such notice to the purchaser or 

lessee. The bank or savings association 

must retain a record of the written 

assurance from the seller or lessor for 

the period of time it owns the loan. 

• 12 CFR 22.10—Notices to FEMA— 

A national bank or savings association 

making, increasing, extending, 

renewing, selling, or transferring a loan 

secured by property located in a special 

flood hazard area must notify the 

Administrator of FEMA (or the 

Administrator’s designee) of the identity 

of the loan servicer (notice of servicer), 

and must notify the Administrator of 

FEMA (or the Administrator’s designee) 

of any change in the loan servicer 

(notice of servicer transfer) within 60 

days after the effective date of such 

change. 

Affected Public: Businesses or other 

for-profit. 

Estimated Number of Respondents: 

1,550. 

Estimated Total Annual Burden: 

121,069. 

Frequency of Response: On occasion. 

On March 8, 2022, the OCC published 

a 60-day notice for this information 

collection, 87 FR 13043. No comments 

were received. Comments continue to be 

solicited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’s 

estimate of the burden of the collection 

of information; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

the collection on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Theodore J. Dowd, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2022–10365 Filed 5–12–22; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Action 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of five individuals that have been 

placed on OFAC’s Specially Designated 

Nationals and Blocked Persons List 

(SDN List) based on OFAC’s 

determination that one or more 

applicable legal criteria were satisfied. 

All property and interests in property 

subject to U.S. jurisdiction of these 

persons are blocked, and U.S. persons 

are generally prohibited from engaging 

in transactions with them. 

DATES: See SUPPLEMENTARY INFORMATION

section for effective date. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Andrea Gacki, Director, tel.: 

202–622–2490; Associate Director for 

Global Targeting, tel.: 202–622–2420; 

Assistant Director for Licensing, tel.: 

202–622–2480; Assistant Director for 

Regulatory Affairs, tel.: 202–622–4855; 

or the Assistant Director for Sanctions 

Compliance & Evaluation, tel.: 202–622– 

2490. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The SDN List and additional 

information concerning OFAC sanctions 

programs are available on OFAC’s 

website (https://www.treasury.gov/ofac). 

Notice of OFAC Action(s) 

On May 9, 2022, OFAC determined 

that the property and interests in 

property subject to U.S. jurisdiction of 

the following persons are blocked under 

the relevant sanctions authority listed 

below. 

Individuals 

1. ADHIGUNA, Muhammad Dandi (a.k.a. 

ADHIGUNA LESMANA, Dandi; a.k.a. 

ADHIGUNA, Dandi Muhammad), Kayseri, 

Turkey; DOB 30 Jul 1996; POB Gresik, East 

Java, Indonesia; nationality Indonesia; 

Gender Male; Secondary sanctions risk: 

Section 1(b) of Executive Order 13224, as 


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