Federal Register / Vol. 87, No. 136 / Monday, July 18, 2022 / Notices 42723 

‘‘Currently Under Review,’’ (3) click on 

the downward-pointing arrow in the 

‘‘Select Agency’’ box below the 

‘‘Currently Under Review’’ heading, (4) 

select ‘‘Federal Communications 

Commission’’ from the list of agencies 

presented in the ‘‘Select Agency’’ box, 

(5) click the ‘‘Submit’’ button to the 

right of the ‘‘Select Agency’’ box, (6) 

when the list of FCC ICRs currently 

under review appears, look for the Title 

of this ICR and then click on the ICR 

Reference Number. A copy of the FCC 

submission to OMB will be displayed. 

SUPPLEMENTARY INFORMATION: The 

Commission may not conduct or 

sponsor a collection of information 

unless it displays a currently valid 

Office of Management and Budget 

(OMB) control number. No person shall 

be subject to any penalty for failing to 

comply with a collection of information 

subject to the PRA that does not display 

a valid OMB control number. 

As part of its continuing effort to 

reduce paperwork burdens, as required 

by the Paperwork Reduction Act (PRA) 

of 1995 (44 U.S.C. 3501–3520), the FCC 

invited the general public and other 

Federal Agencies to take this 

opportunity to comment on the 

following information collection. 

Comments are requested concerning: (a) 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

Commission, including whether the 

information shall have practical utility; 

(b) the accuracy of the Commission’s 

burden estimates; (c) ways to enhance 

the quality, utility, and clarity of the 

information collected; and (d) ways to 

minimize the burden of the collection of 

information on the respondents, 

including the use of automated 

collection techniques or other forms of 

information technology. Pursuant to the 

Small Business Paperwork Relief Act of 

2002, Public Law 107–198, see 44 U.S.C. 

3506(c)(4), the FCC seeks specific 

comment on how it might ‘‘further 

reduce the information collection 

burden for small business concerns with 

fewer than 25 employees.’’ 

OMB Control No.: 3060–1159. 

Title: Part 25—Satellite 

Communications; and Part 27— 

Miscellaneous Wireless Communication 

Services: 2.3 GHz Band. 

Form No.: N/A. 

Type of Review: Extension of a 

currently approved collection. 

Respondents: Business or other for 

profit entities. 

Number of Respondents and 

Responses: 155 respondents and 5,761 

responses. 

Estimated Time per Response: 0.5–40 

hours. 

Frequency of Response: 

Recordkeeping requirement, Third Party 

Disclosure, and On occasion and 

Quarterly reporting requirements. 

Obligation to Respond: Required to 

obtain or retain benefits. The statutory 

authority for this information collection 

is 47 U.S.C. 154, 301, 302(a), 303, 309, 

332, 336, and 337 unless otherwise 

noted. 

Total Annual Burden: 24,065 hours. 

Annual Cost Burden: $370,250. 

Needs and Uses: The information 

filed by Wireless Communications 

Service (WCS) licensees in support of 

their construction notifications will be 

used to determine whether licensees 

have complied with the Commission’s 

performance benchmarks. Further, the 

information collected by licensees in 

support of their coordination obligations 

will help avoid harmful interference to 

Satellite Digital Audio Radio Service 

(SDARS), Aeronautical Mobile 

Telemetry (AMT) and Deep Space 

Network (DSN) operations in other 

spectrum bands. 

Federal Communications Commission. 

Marlene Dortch, 

Secretary, Office of the Secretary. 

[FR Doc. 2022–15280 Filed 7–15–22; 8:45 am] 

BILLING CODE 6712–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Agency Information Collection 

Activities: Proposed Collection 

Renewal; Comment Request; OMB No. 

3064–0001; –0178 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Agency information collection 

activities: submission for OMB Review; 

comment request. 

SUMMARY: The FDIC, as part of its 

obligations under the Paperwork 

Reduction Act of 1995, invites the 

general public and other Federal 

agencies to take this opportunity to 

comment on the request to renew the 

existing information collections 

described below (OMB Control No. 

3064–0001 and –0178). The notice of 

the proposed renewal for these 

information collections was previously 

published in the Federal Register on 

April 27, 2022, allowing for a 60-day 

comment period. 

DATES: Comments must be submitted on 

or before August 17, 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/index.html. 

• 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. 

Written comments and 

recommendations for the proposed 

information collection should 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. 

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: 


khammond on DSKJM1Z7X2PROD with NOTICES
42724 Federal Register / Vol. 87, No. 136 / Monday, July 18, 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 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 136 / Monday, July 18, 2022 / Notices 42725 

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. 

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 

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 July 12, 2022. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2022–15216 Filed 7–15–22; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL MARITIME COMMISSION 

Sunshine Act Meetings 

TIME AND DATE: July 27, 2022; 10:00 a.m. 

PLACE: This meeting will be held at the 

Federal Maritime Commission at the 

address below and also streamed live at 

www.fmc.gov. 

800 N Capitol Street NW, 1st Floor 

Hearing Room, Washington, DC 

STATUS: Part of the meeting will be open 

to the public: held in-person with a 

limited capacity for public attendants 

and also available to view streamed live, 

accessible from www.fmc.gov. The rest 

of the meeting will be closed to the 

public. 

Requests to register to attend the 

meeting in-person should be submitted 

to secretary@fmc.gov and contain ‘‘July 

27, 2022, Commission Meeting’’ in the 

subject line. Interested members of the 

public have until 5:00 p.m. (Eastern) 

Monday, July 25, 2022, to register to 

attend in-person. Seating for members of 

the public is limited and will be 

available on a first-come, first-served 

basis for those who have registered in 

advance. Health and safety protocols for 

meeting attendees will depend on the 

COVID–19 Community Transmission 

Level for Washington DC as determined 

on Friday, July 22, 2022. Pre-registered 

attendees will be notified of the 

required health and safety protocols 

before the meeting and no later than 

Tuesday, July 26, 2022. 

MATTERS TO BE CONSIDERED: 

Portions Open to the Public 

1. Staff Briefing on Ocean Shipping 

Reform Act of 2022 

Portions Closed to the Public 

2. Staff Briefing on Unreasonable 

Refusal to Deal or Negotiate with 

Respect to Vessel Space 

3. Staff Update on Ocean Carrier 

Practices with Respect to 

Congestion or Related Surcharges 

4. Staff Briefing on Enforcement Process 

and Pending Matters 

CONTACT PERSON FOR MORE INFORMATION: 

William Cody, Secretary, (202) 523– 

5725. 

William Cody, 

Secretary. 

[FR Doc. 2022–15400 Filed 7–14–22; 4:15 pm] 

BILLING CODE 6730–02–P 

FEDERAL MINE SAFETY AND HEALTH 

REVIEW COMMISSION 

Hearing Health and Safety 

AGENCY: Federal Mine Safety and Health 

Review Commission. 

ACTION: Notice. 

SUMMARY: Beginning on January 3, 3022, 

the Federal Mine Safety and Health 

Review Commission (the ‘‘Commission’’ 

or ‘‘FMSHRC’’) resumed in-person 

hearings in the manner described in an 

order dated December 3, 2021, 

appearing in the Federal Register on 

December 9, 2021, and posted on the 

Commission’s website 

(www.fmshrc.gov). On July 11, 2022, 

Commission Chief Administrative Law 

Judge Glynn F. Voisin issued an order, 

which modifies the December 3 order. 

The July 11 order is posted on the 

Commission’s website and contains 


khammond on DSKJM1Z7X2PROD with NOTICES