Federal Register / Vol. 87, No. 99 / Monday, May 23, 2022 / Notices 31297 

1 75 FR 13656 (Mar. 22, 2010). 

2For national banks and Federal savings 

associations, see the Comptroller’s Handbook on 

Liquidity. For state member banks and bank holding 

companies, see the Federal Reserve’s Commercial 

Bank Examination Manual (section 4020), Bank 

Holding Company Supervision Manual (section 

4010), and Trading and Capital Markets Activities 

Manual (section 2030). For state non-member 

banks, see the FDIC’s Revised Examination 

Guidance for Liquidity and Funds Management 

(Trans. No. 2002–01) (Nov. 19, 2001), and Financial 

Institution Letter 84–2008, Liquidity Risk 

Management (August 2008). For federally insured 

credit unions, see Letter to Credit Unions No. 02– 

CU–05, Examination Program Liquidity 

Questionnaire (March 2002). 

3Basel Committee on Banking Supervision, 

‘‘Principles for Sound Liquidity Risk Management 

and Supervision,’’ September 2008. See 

www.bis.org/publ/bcbs144.htm. Federally insured 

credit unions are not directly referenced in the 

principles issued by the Basel Committee. 

(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. 2022–11007 Filed 5–20–22; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities; Information Collection 

Renewal; Submission for OMB Review; 

Funding and Liquidity Risk 

Management 

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 respondents are 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 renewal 

of its information collection titled, 

‘‘Funding and Liquidity Risk 

Management.’’ The OCC also is giving 

notice that it has sent the collection to 

OMB for review. 

DATES: Comments must be received by 

June 22, 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– 

0244, 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– 

0244’’ 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 February 24, 2022, the OCC 

published a 60-day notice for this 

information collection, 87 FR 10429. 

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 drop-down menu. 

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 

‘‘1557–0244’’ or ‘‘Funding and Liquidity 

Risk Management.’’ 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, 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 

OMB for each collection of information 

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 document. 

Title: Funding and Liquidity Risk 

Management. 

OMB Control No.: 1557–0244. 

Description: The Interagency Policy 

Statement on Funding and Liquidity 

Risk Management 1 (Policy Statement) 

summarizes the principles of sound 

liquidity risk management that the 

Federal banking agencies have issued in 

the past 2 and, where appropriate, 

harmonizes these principles with the 

international statement, issued by the 

Basel Committee on Banking 

Supervision, titled ‘‘Principles for 

Sound Liquidity Risk Management and 

Supervision.’’ 3 The Policy Statement 

describes supervisory expectations for 

all depository institutions, including 

banks, savings associations, and credit 

unions. 

Section 14 of the Policy Statement 

provides that financial institutions 

should consider liquidity costs, benefits, 

and risks in strategic planning and 

budgeting processes. Significant 

business activities should be evaluated 

for liquidity risk exposure as well as 

profitability. More complex and 

sophisticated financial institutions 

should incorporate liquidity costs, 

benefits, and risks in the internal 

product pricing, performance 

measurement, and new product 

approval process for all material 

business lines, products, and activities. 

Incorporating the cost of liquidity into 

these functions should align the risktaking incentives of individual business 

lines with the liquidity risk exposure 

their activities create for the institution 

as a whole. The quantification and 

attribution of liquidity risks should be 


lotter on DSK11XQN23PROD with NOTICES1
31298 Federal Register / Vol. 87, No. 99 / Monday, May 23, 2022 / Notices 

explicit and transparent at the line 

management level, and should include 

consideration of how liquidity would be 

affected under stressed conditions. 

Section 20 of the Policy Statement 

states that liquidity risk reports should 

provide aggregate information with 

sufficient supporting detail to enable 

management to assess the sensitivity of 

the institution to changes in market 

conditions, its own financial 

performance, and other important risk 

factors. Institutions also should report 

on the use and availability of 

government support, such as lending 

and guarantee programs, and 

implications on liquidity positions, 

particularly because these programs are 

generally temporary or reserved as a 

source for contingent funding. 

Type of Review: Regular. 

Affected Public: Businesses or other 

for-profit. 

Estimated Number of Respondents: 

1,069. 

Frequency of Response: On occasion. 

Estimated Total Burden Hours: 78,096 

hours. 

Comments: On February 24, 2022, the 

OCC published a 60-day notice for this 

information collection, 87 FR 10429. No 

comments were received. Comments 

continue to be invited on: 

(a) Whether the information 

collections are 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 information collection 

burden; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

information collections 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 the 

services necessary to provide the 

required information. 

Theodore J. Dowd, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2022–10994 Filed 5–20–22; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Comment Request; 

Securities Exchange Act Disclosure 

Rules 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for comment; 

correction. 

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 respondents are 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 ‘‘Securities Exchange Act 

Disclosure Rules.’’ 

DATES: Comments must be received on 

or before July 22, 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, Office 

of the Comptroller of the Currency, 

Attention: 1557–0106, 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– 

0106’’ 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. 

Following the close of this notice’s 

60-day comment period, the OCC will 

publish a second notice with a 30-day 

comment period. You may review 

comments and other related materials 

that pertain to this information 

collection beginning on the date of 

publication of the second notice for this 

collection by the method set forth in the 

next bullet. 

• Viewing Comments Electronically: 

Go to www.reginfo.gov. Hover over the 

‘‘Information Collection Review’’ drop 

down menu. 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 ‘‘1557–0106’’ 

or ‘‘Securities Exchange Act Disclosure 

Rules.’’ 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, Clearance Officer, 

(202) 649–5490 or, for persons who are 

deaf or hearing impaired, TTY, (202) 

649–5597, Chief Counsel’s Office, Office 

of the Comptroller of the Currency, 400 

7th Street SW, Suite 3E–218, 

Washington, DC 20219. 

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. Section 

3506(c)(2)(A) of title 44 requires Federal 

agencies to provide a 60-day notice in 

the Federal Register concerning each 

proposed collection of information, 

including each proposed extension of an 

existing collection of information, 

before submitting the collection to OMB 

for approval. To comply with this 

requirement, the OCC is publishing 

notice of the renewal of the collection 

of information set forth in this 

document. 

Title: Securities Exchange Act 

Disclosure Rules. 

OMB Control No.: 1557–0106. 

Description: This submission covers 

an existing regulation and involves no 

change to the regulation or to the 


lotter on DSK11XQN23PROD with NOTICES1