Federal Register / Vol. 81, No. 24 / Friday, February 5, 2016 / Notices 6265 

1The family of FR Y–9 reporting forms also 

contains the Parent Company Only Financial 

Statements for Small Holding Companies (FR Y– 

9SP), the Financial Statements for Employee Stock 

Ownership Plan Holding Companies (FR Y–9ES), 

and the Supplement to the Consolidated Financial 

Statements for Holding Companies (FR Y–9CS) 

which are not being revised. 

A. Federal Reserve Bank of Chicago 

(Colette A. Fried, Assistant Vice 

President) 230 South LaSalle Street, 

Chicago, Illinois 60690–1414: 

1. MainSource Financial Group, Inc., 

Greensburg, Indiana; to merge with 

Cheviot Financial Corporation, 

Cincinnati, Ohio, and indirectly acquire 

control of Cheviot Savings Bank, 

Cheviot, Ohio, and thereby operate a 

savings association pursuant to section 

225.28(b)(4)(ii) of Regulation Y. 

Board of Governors of the Federal Reserve 

System, February 1, 2016. 

Michael J. Lewandowski, 

Associate Secretary of the Board. 

[FR Doc. 2016–02203 Filed 2–4–16; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Proposed Agency Information 

Collection Activities; Comment 

Request 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: On June 15, 1984, the Office 

of Management and Budget (OMB) 

delegated to the Board of Governors of 

the Federal Reserve System (Board or 

Federal Reserve) its approval authority 

under the Paperwork Reduction Act 

(PRA) to approve of and assign OMB 

control numbers to collection of 

information requests and requirements 

conducted or sponsored by the Board. 

Board-approved collections of 

information are incorporated into the 

official OMB inventory of currently 

approved collections of information. 

Copies of the Paperwork Reduction Act 

Submission, supporting statements and 

approved collection of information 

instruments are placed into OMB’s 

public docket files. The Federal Reserve 

may not conduct or sponsor, and the 

respondent is not required to respond 

to, an information collection that has 

been extended, revised, or implemented 

on or after October 1, 1995, unless it 

displays a currently valid OMB control 

number. 

DATES: Comments must be submitted on 

or before April 5, 2016. 

ADDRESSES: You may submit comments, 

identified by IHC Reporting 

Requirements, by any of the following 

methods: 

• Agency Web site: http://

www.federalreserve.gov. Follow the 

instructions for submitting comments at 

http://www.federalreserve.gov/apps/

foia/proposedregs.aspx. 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• Email: regs.comments@

federalreserve.gov. Include OMB 

number in the subject line of the 

message. 

• FAX: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Robert deV. Frierson, 

Secretary, Board of Governors of the 

Federal Reserve System, 20th Street and 

Constitution Avenue NW., Washington, 

DC 20551. 

All public comments are available 

from the Board’s Web site at http://

www.federalreserve.gov/apps/foia/

proposedregs.aspx as submitted, unless 

modified for technical reasons. 

Accordingly, your comments will not be 

edited to remove any identifying or 

contact information. Public comments 

may also be viewed electronically or in 

paper form in Room 3515, 1801 K Street 

(between 18th and 19th Streets NW.) 

Washington, DC 20006 between 9:00 

a.m. and 5:00 p.m. on weekdays. 

Additionally, commenters may send a 

copy of their comments to the OMB 

Desk Officer—Shagufta Ahmed—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: A 

copy of the PRA OMB submission, 

including the proposed reporting form 

and instructions, supporting statement, 

and other documentation will be placed 

into OMB’s public docket files, once 

approved. These documents will also be 

made available on the Board’s public 

Web site at: http://

www.federalreserve.gov/apps/

reportforms/review.aspx or may be 

requested from the agency clearance 

officer, whose name appears below. 

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. Telecommunications Device 

for the Deaf (TDD) users may contact 

(202) 263–4869, Board of Governors of 

the Federal Reserve System, 

Washington, DC 20551. 

SUPPLEMENTARY INFORMATION: 

Request for Comment on Information 

Collection Proposals 

The following information 

collections, which are being handled 

under this delegated authority, have 

received initial Board approval and are 

hereby published for comment. At the 

end of the comment period, the 

proposed information collections, along 

with an analysis of comments and 

recommendations received, will be 

submitted to the Board for final 

approval under OMB delegated 

authority. Comments are invited on the 

following: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the Federal Reserve’s 

functions; including whether the 

information has practical utility; 

b. The accuracy of the Federal 

Reserve’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 start-up costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

Proposal to approve under OMB 

delegated authority the revision, without 

extension, of the following reports: 

1. Report title: Consolidated Financial 

Statements for Holding Companies, 

Parent Company Only Financial 

Statements for Large Holding 

Companies, Parent Company Only 

Financial Statements for Small Holding 

Companies, Financial Statements for 

Employee Stock Ownership Plan 

Holding Companies.1

Agency form number: FR Y–9C, FR Y– 

9LP. 

OMB control number: 7100–0128. 

Frequency: Quarterly, annually. 

Reporters: Bank holding companies 

(BHCs), savings and loan holding 

companies (SLHCs), securities holding 

companies (SHCs), and U.S. 

intermediate holding companies (IHCs), 

(collectively, ‘‘holding companies’’). 

Estimated annual reporting hours: FR 

Y–9C (non-Advanced Approaches HCs 

or other respondents): 131,777 hours; 

FR Y–9C (Advanced Approaches HCs or 

other respondents): 2,500 hours; FR Y– 

9LP: 17,262 hours. 

Estimated average hours per response: 

FR Y–9C (non-Advanced Approaches 

HCs or other respondents): 50.84 hours; 

FR Y–9C (Advanced Approaches HCs or 

other respondents): 52.09 hours; FR Y– 

9LP: 5.25 hours. 

Number of respondents: FR Y–9C 

(non-Advanced Approaches HCs or 

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6266 Federal Register / Vol. 81, No. 24 / Friday, February 5, 2016 / Notices 

2For purposes of this notice, banking 

organizations include bank holding companies, 

savings and loan holding companies, and state 

member banks that are subject to the market risk 

rule. 

other respondents): 648; FR Y–9C 

(Advanced Approaches HCs or other 

respondents): 12; FR Y–9LP: 822. 

General description of report: This 

information collection is mandatory 

pursuant to section 5(c) of the BHC Act 

(12 U.S.C. 1844(c)), section 10 of Home 

Owners’ Loan Act (HOLA) (12 U.S.C. 

1467a(b)), 12 U.S.C. 1850a(c)(1), section 

165 of the Dodd-Frank Act (12 U.S.C. 

5365), and section 252.153(b)(2) of 

Regulation YY (12 CFR 252.153(b)(2)). 

Confidential treatment is not routinely 

given to the financial data in this report. 

However, confidential treatment for the 

reporting information, in whole or in 

part, can be requested in accordance 

with the instructions to the form, 

pursuant to sections (b)(4), (b)(6), or 

(b)(8) of the Freedom of Information Act 

(FOIA) (5 U.S.C. 522(b)(4), (b)(6), and 

(b)(8)). 

Abstract: Pursuant to the Bank 

Holding Company Act of 1956, as 

amended, and HOLA, the Federal 

Reserve requires HCs to provide 

standardized financial statements to 

fulfill the Federal Reserve’s statutory 

obligation to supervise these 

organizations. HCs file the FR Y–9C and 

FR Y–9LP quarterly, the FR Y–9SP 

semiannually, and the FR Y–9ES 

annually. 

2. Report title: Financial Statements of 

U.S. Nonbank Subsidiaries of U.S. 

Holding Companies and the 

Abbreviated Financial Statements of 

U.S. Nonbank Subsidiaries of U.S. 

Holding Companies. 

Agency form number: FR Y–11, FR Y– 

11S. 

OMB control number: 7100–0244. 

Frequency: Quarterly and annually. 

Reporters: Holding companies. 

Estimated annual reporting hours: FR 

Y–11 (quarterly): 19,502; FR Y–11 

(annual): 2,258; FR Y–11S: 473. 

Estimated average hours per response: 

FR Y–11 (quarterly): 6.8; FR Y–11 

(annual): 6.8; FR Y–11S: 1. 

Number of respondents: FR Y–11 

(quarterly): 717; FR Y–11 (annual): 332; 

FR Y–11S: 473. 

General description of report: This 

information collection is mandatory 

pursuant to section 5(c) of the BHC Act 

(12 U.S.C. 1844(c)), section 10 of Home 

Owners’ Loan Act (HOLA) (12 U.S.C. 

1467a(b)), 12 U.S.C. 1850a(c)(1), section 

165 of the Dodd-Frank Act (12 U.S.C. 

5365), and section 252.153(b)(2) of 

Regulation YY (12 CFR 252.153(b)(2)). 

Overall, the Federal Reserve does not 

consider these data to be confidential. 

However, a respondent may request 

confidential treatment pursuant to 

sections (b)(4), (b)(6), and (b)(8) of the 

Freedom of Information Act (5 U.S.C. 

552(b)(4), (b)(6), (b)(8)). The 

applicability of these exemptions would 

need to be determined on a case-by-case 

basis. 

Abstract: The FR Y–11 reporting 

forms collect financial information for 

individual non-functionally regulated 

U.S. nonbank subsidiaries of domestic 

holding companies (i.e., bank holding 

companies, savings and loan holding 

companies, and securities holding 

companies). Holding companies file the 

FR Y–11 on a quarterly or annual basis 

or the FR Y–11S annually 

predominantly based on asset size 

thresholds, and for the FR Y–11S, based 

on an additional threshold related to the 

percentage of consolidated assets of the 

top-tier organization. The FR Y–11 data 

are used with other holding company 

data to assess the condition of holding 

companies that are heavily engaged in 

nonbanking activities and to monitor 

the volume, nature, and condition of 

their nonbanking operations. 

3. Report title: Financial Statements of 

Foreign Subsidiaries of U.S. Banking 

Organizations and the Abbreviated 

Financial Statements of Foreign 

Subsidiaries of U.S. Banking 

Organizations. 

Agency form number: FR 2314 and FR 

2314S. 

OMB control number: 7100–0073. 

Frequency: Quarterly and 

semiannually. 

Reporters: U.S. state member banks, 

holding companies, Edge or agreement 

corporations, and U.S. intermediate 

holding companies (IHCs). 

Estimated annual reporting hours: FR 

2314 (quarterly): 18,427; FR 2314 

(annual): 2,640; FR 2314S: 480. 

Estimated average hours per response: 

FR 2314 (quarterly): 6.6; FR 2314 

(annual): 6.6; FR 2314S: 1. 

Number of respondents: FR 2314 

(quarterly): 698; FR 2314 (annual): 400; 

FR 2314S: 480. 

General description of report: This 

information collection is mandatory 

pursuant to 12 U.S.C. 324, 602, 625, 

1844(c), 1467a(b), section 165 of the 

Dodd-Frank Act (12 U.S.C. 5365), and 

section 252.153(b)(2) of Regulation YY 

(12 CFR 252.153(b)(2)). Overall, the 

Federal Reserve does not consider these 

data to be confidential. However, a 

respondent may request confidential 

treatment pursuant to sections (b)(4), 

(b)(6), and (b)(8) of the Freedom of 

Information Act (5 U.S.C. 552(b)(4), 

(b)(6), (b)(8)). The applicability of these 

exemptions would need to be 

determined on a case-by-case basis. 

Abstract: The FR 2314 reporting forms 

collect financial information for nonfunctionally regulated direct or indirect 

foreign subsidiaries of U.S. state 

member banks (SMBs), Edge and 

agreement corporations, and holding 

companies (i.e., bank holding 

companies, savings and loan holding 

companies, and securities holding 

companies). Parent organizations 

(SMBs, Edge and agreement 

corporations, or holding companies) file 

the FR 2314 on a quarterly or annual 

basis or the FR 2314S annually based 

predominantly on asset size thresholds, 

and for the FR 2314S, based on an 

additional threshold related to the 

percentage of consolidated assets of the 

top-tier organization. The FR 2314 data 

are used to identify current and 

potential problems at the foreign 

subsidiaries of U.S. parent companies, 

to monitor the activities of U.S. banking 

organizations 2 in specific countries, and 

to develop a better understanding of 

activities within the industry, in 

general, and of individual institutions, 

in particular. 

4. Report title: Consolidated Bank 

Holding Company Report of Equity 

Investments in Nonfinancial 

Companies, and the Annual Report of 

Merchant Banking Investments Held for 

an Extended Period. 

Agency form number: FR Y–12 and 

FR Y–12A. 

OMB control number: 7100–0300. 

Frequency: Quarterly, semi-annually, 

and annually. 

Reporters: Bank holding companies 

(BHCs), financial holding companies 

(FHCs), U.S. intermediate holding 

companies (IHCs), and savings and loan 

holding companies (SLHCs). 

Estimated annual reporting hours: FR 

Y–12 Initial: 1,716 hours, FR Y–12 

Ongoing: 2,508 hours, FR Y–12A Initial: 

182 hours, FR Y–12A Ongoing: 224 

hours. 

Estimated average hours per response: 

FR Y–12 Initial: 33 hours, FR Y–12 

Ongoing: 16.5 hours, FR Y–12A Initial: 

14 hours, FR Y–12A Ongoing: 7 hours. 

Number of respondents: FR Y–12 

Initial: 13, FR Y–12 Ongoing: 41 FR Y– 

12A Initial: 13, FR Y–12A Ongoing: 32. 

General description of report: This 

collection of information is mandatory 

pursuant to section 5(c) of the BHC Act 

(12 U.S.C. 1844(c)), section 10 of HOLA 

(12 U.S.C. 1467a(b)), section 165 of the 

Dodd-Frank Act (12 U.S.C. 5365), and 

section 252.153(b)(2) of Regulation YY 

(12 CFR 252.153(b)(2)). The FR Y–12 

data are not considered confidential, 

however, a BHC or SLHC may request 

confidential treatment pursuant to 

Sections (b)(4) of the Freedom of 

Information Act (FOIA) (5 U.S.C. 

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Federal Register / Vol. 81, No. 24 / Friday, February 5, 2016 / Notices 6267 

3BHCs that must re-submit their capital plan 

generally also must provide a revised FR Y–14A in 

connection with their resubmission. 

552(b)(4)). The FR Y–12A data are 

considered confidential pursuant to 

sections (b)(4) and (b)(8) of the Freedom 

of Information Act (5 U.S.C. 552(b)(4) 

and (b)(8)). 

Abstract: The FR Y–12 collects 

information from certain domestic BHCs 

and SLHCs on their equity investments 

in nonfinancial companies on four 

schedules: Type of Investments, Type of 

Security, Type of Entity within the 

Banking Organization, and Nonfinancial 

Investment Transactions during 

Reporting Period. The FR Y–12A 

collects data from financial holding 

companies (FHCs) which hold merchant 

banking investments that are 

approaching the end of the holding 

period permissible under Regulation Y. 

These data serve as an important riskmonitoring device for FHCs active in 

this business line by allowing 

supervisory staff to monitor an FHC’s 

activity between review dates. They also 

serve as an early warning mechanism to 

identify FHCs whose activities in this 

area are growing rapidly and therefore 

warrant special supervisory attention. 

5. Report title: Capital Assessments 

and Stress Testing information 

collection. 

Agency form number: FR Y–14A/Q/

M. 

OMB control number: 7100–0341. 

Frequency: Annually, semi-annually, 

quarterly, and monthly. 

Reporters: Any top-tier bank holding 

company (BHC), and U.S. intermediate 

holding companies (IHC), (other than an 

FBO), that has $50 billion or more in 

total consolidated assets, as determined 

based on: (i) The average of the BHC’s 

or IHC’s total consolidated assets in the 

four most recent quarters as reported 

quarterly on the BHC’s or IHC’s 

Consolidated Financial Statements for 

Bank Holding Companies (FR Y–9C) 

(OMB No. 7100–0128); or (ii) the 

average of the BHC’s or IHC’s total 

consolidated assets in the most recent 

consecutive quarters as reported 

quarterly on the BHC’s or IHC’s FR Y– 

9Cs, if the BHC or IHC has not filed an 

FR Y–9C for each of the most recent four 

quarters. Reporting is required as of the 

first day of the quarter immediately 

following the quarter in which it meets 

this asset threshold, unless otherwise 

directed by the Federal Reserve. 

Estimated annual reporting hours: FR 

Y–14A: Summary, 94,576 hours; Macro 

scenario, 2,852 hours; Operational Risk, 

552 hours; Regulatory capital 

transitions; 1,058 hours, Regulatory 

capital instruments, 920 hours. FR Y– 

14Q: Securities, 2,208 hours; Retail, 

2,944 hours, Pre-provision net revenue 

(PPNR), 130,824 hours; Corporate loans, 

12,144 hours; CRE, 11,868; Trading, 

169,488 hours; Regulatory capital 

transitions, 4,232 hours; Regulatory 

capital instruments, 7,360 hours; 

Operational risk, 9,200 hours; Mortgage 

Servicing Rights (MSR) Valuation, 2,400 

hours; Supplemental, 736 hours; and 

Retail Fair Value Option/Held for Sale 

(Retail FVO/HFS), 2,240 hours; CCR, 

40,656 hours; and Balances, 2,944 

hours. FR Y–14M: 1st lien mortgage, 

250,920 hours; Home equity, 244,800 

hours; and Credit card, 189,720 hours. 

FR Y–14 On-going automation revisions, 

15,840 hours. FR Y–14 implementation, 

93,600 hours. 

Estimated average hours per response: 

FR Y–14A: Summary, 1,028 hours; 

Macro scenario, 31 hours; Operational 

Risk, 12 hours; Regulatory capital 

transitions, 23 hours; Regulatory capital 

instruments, 20 hours. FR Y–14Q: 

Securities, 12 hours; Retail, 16 hours; 

PPNR, 711 hours; Corporate loans, 69 

hours; CRE, 69 hours; Trading, 1,926 

hours; Regulatory capital transitions, 23 

hours; Regulatory capital instruments, 

40 hours; Operational risk, 50 hours; 

MSR Valuation, 24 hours; 

Supplemental, 4 hours; and Retail FVO/ 

HFS, 16 hours; CCR, 508 hours; and 

Balances, 16 hours. FR Y–14M: 1st lien 

mortgage, 510 hours; Home equity, 510 

hours; and Credit card, 510 hours. FR 

Y–14 On-Going automation revisions, 

480 hours. FR Y–14 Implementation, 

7,200 hours. 

Number of respondents: 46. 

General description of report: This 

collection of information is mandatory 

pursuant to section 5(c) of the BHC Act 

(12 U.S.C. 1844(c)), section 165 of the 

Dodd-Frank Act (12 U.S.C. 5365), and 

section 252.153(b)(2) of Regulation YY 

(12 CFR 252.153(b)(2)). 

As these data are collected as part of 

the supervisory process, they are subject 

to confidential treatment under 

exemption 8 of the Freedom of 

Information Act (FOIA) (5 U.S.C. 

552(b)(8)). In addition, commercial and 

financial information contained in these 

information collections may be exempt 

from disclosure under exemption 4 of 

FOIA (5 U.S.C. 552(b)(4)), if disclosure 

would likely have the effect of (1) 

impairing the government’s ability to 

obtain the necessary information in the 

future, or (2) causing substantial harm to 

the competitive position of the 

respondent. Such exemptions would be 

made on a case-by-case basis. 

Abstract: The data collected through 

the FR Y–14A/Q/M schedules provide 

the Federal Reserve with the additional 

information and perspective needed to 

help ensure that large BHCs have strong, 

firm-wide risk measurement and 

management processes supporting their 

internal assessments of capital adequacy 

and that their capital resources are 

sufficient given their business focus, 

activities, and resulting risk exposures. 

The annual Comprehensive Capital 

Analysis and Review (CCAR) exercise is 

also complemented by other Federal 

Reserve supervisory efforts aimed at 

enhancing the continued viability of 

large BHCs, including continuous 

monitoring of BHCs’ planning and 

management of liquidity and funding 

resources and regular assessments of 

credit, market and operational risks, and 

associated risk management practices. 

Information gathered in this data 

collection is also used in the 

supervision and regulation of these 

financial institutions. In order to fully 

evaluate the data submissions, the 

Federal Reserve may conduct follow up 

discussions with or request responses to 

follow up questions from respondents, 

as needed. 

The Capital Assessments and Stress 

Testing information collection consists 

of the FR Y–14A, Q, and M reports. The 

semi-annual FR Y–14A collects 

information on the stress tests 

conducted by BHCs, including 

quantitative projections of balance 

sheet, income, losses, and capital across 

a range of macroeconomic scenarios, 

and qualitative information on 

methodologies used to develop internal 

projections of capital across scenarios.3

The quarterly FR Y–14Q and the 

monthly FR Y–14M are used to support 

supervisory stress test models and for 

continuous monitoring efforts. The 

quarterly FR Y–14Q collects granular 

data on BHCs’ various asset classes, 

including loans, securities and trading 

assets, and PPNR for the reporting 

period. The monthly FR Y–14M 

comprises three retail loan- and 

portfolio-level collections, and one 

detailed address matching collection to 

supplement two of the portfolio and 

loan-level collections. 

6. Report title: Banking Organization 

System Risk Report. 

Agency form number: FR Y–15. 

OMB control number: 7100–0352. 

Frequency: Quarterly. 

Reporters: U.S. intermediate holding 

companies (IHCs) and BHCs with total 

consolidated assets of $50 billion or 

more, and any U.S.-based organizations 

identified as global systemically 

important banks (GSIBs) that do not 

otherwise meet the consolidated assets 

threshold for BHCs. 

Estimated annual reporting hours: 

Initial: 4,000 hours; Ongoing: 60,952 

hours. 

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6268 Federal Register / Vol. 81, No. 24 / Friday, February 5, 2016 / Notices 

4Public Law 111–203, 124 Stat. 1376 (2010). 

Estimated average hours per response: 

Initial: 1,000 hours; Ongoing 401 hours. 

Number of respondents: 38. 

General description of report: This 

collection of information is mandatory 

pursuant to section 5(c) of the BHC Act 

(12 U.S.C. 1844(c)), section 10 of HOLA 

(12 U.S.C. 1467a(b), sections 8(a) and 

13(a) of the International Banking Act 

(IBA) (12 U.S.C. 3106 and 3108(a)), 

sections 163 and 165 of the Dodd-Frank 

Act (12 U.S.C. 5363, 5365), section 604 

of the Dodd-Frank Act, which amended 

section 5(c) of the BHC Act (12 U.S.C. 

1844(c)), and section 252.153(b)(2) of 

Regulation YY (12 CFR 252.153(b)(2)). 

Except for those items subject to a 

delayed release, the individual data 

items collected on the FR Y–15 will be 

made available to the public for report 

dates beginning December 31, 2013. 

Though confidential treatment will not 

be routinely given to the financial data 

collected on the FR Y–15, respondents 

may request such treatment for any 

information that they believe is subject 

to an exemption from disclosure 

pursuant to sections (b)(4), (b)(6), or 

(b)(8) of FOIA (5 U.S.C. 522(b)(4), (b)(6), 

and (b)(8)). 

Abstract: The FR Y–15 annual report 

collects systemic risk data from U.S. 

BHCs with total consolidated assets of 

$50 billion or more, and any U.S.-based 

organizations identified as GSIBs that 

do not otherwise meet the consolidated 

assets threshold for BHCs. The Federal 

Reserve uses the FR Y–15 data primarily 

to monitor, on an ongoing basis, the 

systemic risk profile of the institutions 

that are subject to enhanced prudential 

standards under section 165 of the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act (DFA). 

7. Report title: Recordkeeping and 

Reporting Requirements Associated 

with Regulation Y (Capital Plans) 

Agency form number: Reg Y–13. 

OMB control number: 7100–0342. 

Frequency: Annually. 

Reporters: BHCs and IHCs. 

Estimated annual reporting hours: 

Annual capital planning recordkeeping 

(225.8(e)(1)(i)), 774,800 hours; annual 

capital planning reporting 

(225.8(e)(1)(ii)), 5,200 hours; annual 

capital planning recordkeeping 

(225.8(e)(1)(iii)), 6,500 hours; data 

collections reporting ((225.8(e)(3)(i)– 

(vi)), 65,325 hours; data collections 

reporting (225.8(e)(4)), 2,300 hours; 

review of capital plans by the Federal 

Reserve reporting (225.8(f)(3)(i)), 240 

hours; prior approval request 

requirements reporting (225.8(g)(1), (3), 

& (4)), 3,900 hours; prior approval 

request requirements exceptions 

(225.8(g)(3)(iii)(A)), 240 hours; prior 

approval request requirements reports 

(225.8(g)(6)), 240 hours. 

Estimated average hours per response: 

Annual capital planning recordkeeping 

(225.8(e)(1)(i)), 11,920 hours; annual 

capital planning reporting 

(225.8(e)(1)(ii)), 80 hours; annual capital 

planning recordkeeping 

(225.8(e)(1)(iii)), 100 hours; data 

collections reporting ((225.8(e)(3)(i)– 

(vi)), 1,005 hours; data collections 

reporting (225.8(e)(4)), 100 hours; 

review of capital plans by the Federal 

Reserve reporting (225.8(f)(3)(i)), 16 

hours; prior approval request 

requirements reporting (225.8(g)(1), (3), 

& (4)), 100 hours; prior approval request 

requirements exceptions 

(225.8(g)(3)(iii)(A)), 16 hours; prior 

approval request requirements reports 

(225.8(g)(6)), 16 hours. 

Number of respondents: 65. 

General description of report: This 

information collection is mandatory 

pursuant to sections 616(a) of the Dodd 

Frank Act, which amended section 5(b) 

of the BHC Act (12 U.S.C. 1844(b)), 

section 165 of the Dodd-Frank Act (12 

U.S.C. 5365), section 5(c) of the BHC 

Act (12 U.S.C. 1844(c)), and section 

252.153(b)(2) of Regulation YY (12 CFR 

252.153(b)(2)). The capital plan 

information submitted by the covered 

BHC will consist of confidential and 

proprietary modeling information and 

highly sensitive business plans, such as 

acquisition plans submitted to the 

Federal Reserve for approval. Therefore, 

it appears the information will be 

subject to withholding under exemption 

4 of the Freedom of Information Act (5 

U.S.C. 552(b)(4)). 

Abstract: Regulation Y (12 CFR part 

225) requires large bank holding 

companies (BHCs) to submit capital 

plans to the Federal Reserve on an 

annual basis and to require such BHCs 

to request prior approval from the 

Federal Reserve under certain 

circumstances before making a capital 

distribution.4

8. Report title: Financial Statements of 

U.S. Nonbank Subsidiaries Held by 

Foreign Banking Organizations, the 

Abbreviated Financial Statements of 

U.S. Nonbank Subsidiaries Held by 

Foreign Banking Organizations, and the 

Capital and Asset Report for Foreign 

Banking Organizations. 

Agency form number: FR Y–6; FR Y– 

7; FR Y–10; FR Y–10E. 

OMB control number: 7100–0297. 

Frequency: FR Y–6: Annual; FR Y–7: 

Annual; FR Y–10: Event-generated; FR 

Y–10E: Event-generated. 

Reporters: Bank holding companies 

(BHCs), U.S. intermediate holding 

companies (IHCs), and savings and loan 

holding companies (SLHCs) 

(collectively, holding companies), 

securities holding companies, foreign 

banking organizations (FBOs), state 

member banks unaffiliated with a BHC, 

Edge Act and agreement corporations, 

and nationally chartered banks that are 

not controlled by a BHC (with regard to 

their foreign investments only). 

Estimated annual reporting hours: FR 

Y–6 initial: 130 hours; FR Y–6 ongoing: 

26,549 hours; FR Y–7: 972 hours; FR Y– 

10 initial: 530 hours; FR Y–10 ongoing: 

39,735 hours; FR Y–10E: 2,649 hours. 

Estimated average hours per response: 

FR Y–6 initial: 10 hours; FR Y–6 

ongoing: 5.5 hours; FR Y–7: 4 hours; FR 

Y–10 initial: 1 hour; FR Y–10 ongoing: 

2.5 hours; FR Y–10E: 0.5 hours. 

Number of respondents: FR Y–6 

initial: 13; FR Y–6 ongoing: 4,827; FR 

Y–7: 243; FR Y–10 initial: 530; FR Y– 

10 ongoing: 5,298; FR Y–10E: 5,298. 

General description of report: These 

information collections are mandatory 

as follows: 

FR Y–6: Section 5(c) of the BHC Act 

(12 U.S.C. 1844(c)); sections 8(a) and 

13(a) of the IBA (12 U.S.C. 3106 and 

3108(a)); sections 11(a)(1), 25, and 25A 

of the Federal Reserve Act (FRA) (12 

U.S.C. 248(a), 602, and 611a); and 

sections 113, 312, 618, and 809 of the 

Dodd-Frank Act (12 U.S.C. 5361, 5412, 

1850a(c)(1), and 5468(b)(1)), section 165 

of the Dodd-Frank Act (12 U.S.C. 5365), 

and section 252.153(b)(2) of Regulation 

YY (12 CFR 252.153(b)(2)). 

FR Y–7: Sections 8(a) and 13(a) of the 

IBA (12 U.S.C. 3106(a) and 3108(a)) and 

sections 113, 312, 618, and 809 of the 

Dodd-Frank Act (12 U.S.C. 5361, 5412, 

1850a(c)(1), and 5468(b)(1), 

respectively). 

FR Y–10 and FR Y–10E: Sections 4(k) 

and 5(c)(1)(A) of the BHC Act (12 U.S.C. 

1843(k), 1844(c)(1)(A)), section 8(a) of 

the IBA (12 U.S.C. 3106(a)), sections 

11(a)(1), 25(7), and 25A of the Federal 

Reserve Act (12 U.S.C. 248(a)(1), 321, 

601, 602, 611a, 615, and 625), and 

sections 113, 312, 618, and 809 of the 

Dodd-Frank Act (12 U.S.C. 5361, 5412, 

1850a(c)(1), and 5468(b)(1), 

respectively). 

The data collected in the FR Y–6, FR 

Y–7, FR Y–10, and FR Y–10E are not 

considered confidential. With regard to 

information that a banking organization 

may deem confidential, the institution 

may request confidential treatment of 

such information under one or more of 

the exemptions in the Freedom of 

Information Act (FOIA) (5 U.S.C. 552). 

The most likely case for confidential 

treatment will be based on FOIA 

exemption 4, which permits an agency 

to exempt from disclosure ‘‘trade secrets 

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Federal Register / Vol. 81, No. 24 / Friday, February 5, 2016 / Notices 6269 

and commercial or financial information 

obtained from a person and privileged 

and confidential,’’ (5 U.S.C. 552(b)(4)). 

To the extent an institution can 

establish the potential for substantial 

competitive harm, such information 

would be protected from disclosure 

under the standards set forth in 

National Parks & Conservation 

Association v. Morton, 498 F.2d 765 

(D.C. Cir. 1974). Exemption 6 of FOIA 

might also apply with regard to the 

respondents’ submission of non-public 

personal information of owners, 

shareholders, directors, officers and 

employees of respondents. Exemption 6 

covers ‘‘personnel and medical files and 

similar files the disclosure of which 

would constitute a clearly unwarranted 

invasion of personal privacy,’’ (5 U.S.C. 

552(b)(6)). All requests for confidential 

treatment would need to be reviewed on 

a case-by-case basis and in response to 

a specific request for disclosure. 

Abstract: The FR Y–6 is an annual 

information collection submitted by toptier holding companies and nonqualifying FBOs. It collects financial 

data, an organization chart, verification 

of domestic branch data, and 

information about shareholders. The 

Federal Reserve uses the data to monitor 

holding company operations and 

determine holding company compliance 

with the provisions of the BHC Act, 

Regulation Y (12 CFR 225), the Home 

Owners’ Loan Act (HOLA), and 

Regulation LL (12 CFR 238). 

The FR Y–7 is an annual information 

collection submitted by qualifying FBOs 

to update their financial and 

organizational information with the 

Federal Reserve. The FR Y–7 collects 

financial, organizational, and 

managerial information. The Federal 

Reserve uses information to assess an 

FBO’s ability to be a continuing source 

of strength to its U.S. operations, and to 

determine compliance with U.S. laws 

and regulations. 

The FR Y–10 is an event-generated 

information collection submitted by 

FBOs; top-tier holding companies; 

security holding companies as 

authorized under Section 618 of the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act of 2010 (12 

U.S.C. 1850a(c)(1)); state member banks 

unaffiliated with a BHC; Edge Act and 

agreement corporations that are not 

controlled by a member bank, a 

domestic BHC, or a FBO; and nationally 

chartered banks that are not controlled 

by a BHC (with regard to their foreign 

investments only) to capture changes in 

their regulated investments and 

activities. The Federal Reserve uses the 

data to monitor structure information on 

subsidiaries and regulated investments 

of these entities engaged in banking and 

nonbanking activities. The FR Y–10E is 

a free-form supplement that may be 

used to collect additional structural 

information deemed to be critical and 

needed in an expedited manner. 

9. Report title: Risk Based Capital 

Standards: Advanced Capital Adequacy 

Framework. 

Agency form number: FR 4200. 

OMB control number: 7100–0313. 

Frequency: On occasion. 

Reporters: National banks, state 

member banks, Federal savings 

associations, U.S. intermediate holding 

companies (IHCs), and top-tier bank 

holding companies and savings and 

loan holding companies domiciled in 

the United States not subject to the 

Federal Reserve’s Small Bank Holding 

Company Policy Statement (12 CFR part 

225, appendix C)), except certain 

savings and loan holding companies 

that are substantially engaged in 

insurance underwriting or commercial 

activities. 

Estimated annual reporting hours: 

Minimum capital ratios ongoing 

recordkeeping: 22,896 hours; 

standardized approach ongoing 

recordkeeping: 28,620 hours; 

standardized approach one-time 

recordkeeping: 174,582 hours; 

standardized approach ongoing 

disclosure: 3,281 hours; standardized 

approach one-time disclosure: 5,656 

hours; advanced approach ongoing 

recordkeeping: 2,482 hours; advanced 

approach one-time recordkeeping: 7,140 

hours; advanced approach ongoing 

disclosure: 595 hours; advanced 

approach one-time disclosure: 4,760 

hours; disclosure table 13: 500 hours. 

Estimated average hours per response: 

Minimum capital ratios ongoing 

recordkeeping: 16 hours; standardized 

approach ongoing recordkeeping: 20 

hours; standardized approach one-time 

recordkeeping: 122 hours; standardized 

approach ongoing disclosure: 131.25 

hours; standardized approach one-time 

disclosure: 226.25 hours; advanced 

approach ongoing recordkeeping: 146 

hours; advanced approach one-time 

recordkeeping: 420 hours; advanced 

approach ongoing disclosure: 35 hours; 

advanced approach one-time disclosure: 

280 hours; disclosure table 13: 5 hours. 

Number of respondents: 1,431. 

General description of report: This 

information collection is mandatory 

pursuant to section 38(o) of the Federal 

Deposit Insurance Act, (12 U.S.C. 

1831o(c)), section 908 of the 

International Lending Supervision Act 

of 1983 (12 U.S.C. 3907(a)(1)), the 

Federal Reserve Act, (12 U.S.C. 324), 

and section 5(c) of the BHC Act (12 

U.S.C. 1844(c)), and section 

252.153(b)(2) of Regulation YY (12 CFR 

252.153(b)(2)). If a respondent considers 

the information to be trade secrets and/ 

or privileged such information could be 

withheld from the public under the 

authority of the Freedom of Information 

Act, 5 U.S.C. 552(b)(4). Additionally, to 

the extent that such information may be 

contained in an examination report such 

information maybe also be withheld 

from the public, 5 U.S.C. 552 (b)(8). 

Abstract: The Risk Based Capital 

Standards: Advanced Capital Adequacy 

Framework Information Collection (FR 

4200) collects information relating to 

the regulatory capital rule (12 CFR part 

217). The regulatory capital rule 

includes a common equity tier1 

minimum risk-based capital 

requirement, a minimum tier 1 riskbased capital requirement, a minimum 

total risk-based capital requirement, a 

minimum leverage ratio of tier 1 capital 

to average total consolidated assets, and, 

for banking organizations subject to the 

advanced approaches risk-based capital 

rules, a supplementary leverage ratio 

that incorporates both on- and offbalance sheet exposures. The regulatory 

capital rule also limits a banking 

organization’s capital distributions and 

certain discretionary bonus payments to 

the extent that the banking organization 

does not hold a specified ‘‘buffer’’ of 

common equity tier 1 capital in addition 

to the minimum risk-based capital 

requirements. The FR 4200 information 

collection requires respondents to: (a) 

Obtain legal opinions for certain 

agreements and maintain sufficient 

written documentation of this legal 

review, (b) obtain prior written 

approvals for the use of certain 

measures or methodologies, (c) maintain 

policies, procedures, and programs; (d) 

perform due diligence, perform and 

document analyses, or make a 

demonstration to supervisors; (e) 

develop plans for compliance and notify 

supervisors of certain changes; and (f) 

provide certain disclosures regarding 

their structure, regulatory capital, the 

risks to which they are subject, and 

other aspects of their operations. These 

obligations arise pursuant to sections _

.3, _.22, _.35, _.37, _.41, _.42, _.62, _.63, 

_.121 through _.124, _.132, _.141, _.142, 

_.153, _.171, and _.173 of the regulatory 

capital rule (12 CFR part 217). Under 

most circumstances, IHCs would not be 

subject to the information collection 

requirements associated with sections _

.62, _.63, _.121 through _.124, _.132, _

.141, _.142, _.153, _.171, and _.173 of 

the regulatory capital rule. 

10. Report title: Risk-Based Capital 

Guidelines: Market Risk. 

Agency form number: FR 4201. 

OMB control number: 7100–0314. 

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Frequency: On occasion. 

Reporters: Banking organization, 

including U.S. intermediate holding 

companies (IHCs), with aggregate 

trading assets and trading liabilities 

equal to (1) 10 percent or more of 

quarter-end total assets or (2) $1 billion 

or more. 

Estimated annual reporting hours: 

Prior written approvals reporting: 

28,800 hours; policies and procedures 

recordkeeping: 2,880 hours; trading and 

hedging strategy recordkeeping: 480 

hours; internal models recordkeeping: 

3,840 hours; section 4(b) backtesting 

and stress testing: 1,920 hours; sections 

5(c) and 9(c) backtesting and stress 

testing: 3,120 hours; securitizations 

backtesting and stress testing: 14,400 

hours; disclosure policy backtesting and 

stress testing: 1,200 hours; quantitative 

disclosure: 1,920 hours; qualitative 

disclosure: 360 hours. 

Estimated average hours per response: 

Prior written approvals reporting: 960 

hours; policies and procedures 

recordkeeping: 96 hours; trading and 

hedging strategy recordkeeping: 16 

hours; internal models recordkeeping: 

128 hours; section 4(b) backtesting and 

stress testing: 16 hours; sections 5(c) 

and 9(c) backtesting and stress testing: 

104 hours; securitizations backtesting 

and stress testing: 120 hours; disclosure 

policy backtesting and stress testing: 40 

hours; quantitative disclosure: 16 hours; 

qualitative disclosure: 12 hours. 

Number of respondents: 30. 

General description of report: This 

information collection is mandatory 

pursuant to 12 U.S.C. 324 and 12 U.S.C. 

1844(c), section 165 of the Dodd-Frank 

Act (12 U.S.C. 5365), and section 

252.153(b)(2) of Regulation YY (12 CFR 

252.153(b)(2)). Information collected 

pursuant to the reporting requirements 

of the FR 4201 (specifically, information 

related to seeking regulatory approval 

for the use of certain incremental and 

comprehensive risk models and 

methodologies under sections 217.208 

and 217.209) is exempt from disclosure 

pursuant to exemption (b)(8) of the 

Freedom of Information Act (FOIA) (5 

U.S.C § 552(b)(8)), and exemption (b)(4) 

of FOIA (5 U.S.C. 552(b)(4)). Exemption 

(b)(8) applies because the reported 

information is contained in or related to 

examination reports. Exemption (b)(4) 

applies because the information 

provided to obtain regulatory approval 

of the incremental or comprehensive 

risk models is confidential business 

information the release of which could 

cause substantial competitive harm to 

the reporting company. The 

recordkeeping requirements of the FR 

4201 require banking organizations to 

maintain documentation regarding 

certain policies and procedures, trading 

and hedging strategies, and internal 

models. These documents would remain 

on the premises of the banking 

organizations and accordingly would 

not generally be subject to a FOIA 

request. To the extent these documents 

are provided to the regulators, they 

would be exempt under exemption 

(b)(8), and may be exempt under 

exemption (b)(4). Exemption (b)(4) 

protects from disclosure ‘‘trade secrets 

and commercial or financial information 

obtained from a person and privileged 

or confidential.’’ The disclosure 

requirements of the FR 4201 do not raise 

any confidentiality issues because they 

require banking organizations to make 

certain disclosures public. 

Abstract: The market risk rule is an 

integral part of the Board’s regulatory 

capital framework. The collection of 

information permits the Federal Reserve 

to monitor the market risk profile of 

banking organizations that it regulates 

and evaluate the impact and 

competitive implications of the market 

risk rule on those banking organizations 

and the industry as a whole. The 

collection of information provides the 

most current statistical data available to 

identify areas of market risk on which 

to focus for onsite and offsite 

examinations and allows the Federal 

Reserve to assess and monitor the levels 

and components of each reporting 

institution’s risk-based capital 

requirements for market risk and the 

adequacy of the institution’s capital 

under the market risk rule. Finally, the 

collection of information contained in 

the market risk rule is necessary to 

ensure capital adequacy of banking 

organizations according to their level of 

market risk and assists banking 

organizations in implementing and 

validating the market risk framework. 

Current Actions: The Federal Reserve 

proposes to collect financial information 

for U.S. Intermediate Holding 

Companies (IHCs) of foreign banking 

organizations (FBOs) for the regulatory 

report forms listed above, beginning 

with the reporting period ending on 

September 30, 2016, to implement the 

enhanced prudential standards for FBOs 

adopted pursuant to Subparts L, M, N, 

and O of Regulation YY to indicate and 

to certify to the Federal Reserve Board 

their compliance with those 

requirements. 

With regard to the FR Y–14 series of 

reports, the IHC would be required to 

complete the FR Y–14 reports in the 

same manner as a BHC, and would be 

subject to requirements to report 

historical data with respect to its U.S. 

bank and nonbank operations. The 

reporting instructions provide IHCs 

with the submission dates for each of 

the FR Y–14 reports, including the 

onboarding filing delays that apply to 

certain schedules, and the requirements 

for reporting historical data for the FR 

Y–14Q Retail and PPNR schedules. IHCs 

will also receive this information in an 

onboarding memo. The historical data 

are necessary for the Board to perform 

a supervisory assessment of the capital 

plans of IHCs and to conduct 

supervisory stress tests. The Federal 

Reserve expects to address requirements 

for the Market Shock exercise, as they 

would apply to IHCs with significant 

trading activity, in a separate proposal. 

However, many IHCs may have 

difficulty reporting historical data prior 

to formation of the IHC because of the 

structural reorganizations associated 

with complying with the IHC 

requirement. In addition, the ability of 

IHCs to report historical data may differ 

because compliance burdens may vary 

in complexity across IHCs. The Federal 

Reserve invites comment on the ability 

of IHCs to report historical data, 

including, but not limited to 

• a description, with supporting 

detail, of any challenges that IHCs may 

face in providing historical data; 

• specific compliance burdens for 

IHCs, such as issues related to systems 

integration or data retention policies; 

and 

• whether an IHC would be able to 

report historical data if granted an 

extension of time, and if so, how much 

additional time would be needed. 

Board of Governors of the Federal Reserve 

System, February 2, 2016. 

Robert deV. Frierson, 

Secretary of the Board. 

[FR Doc. 2016–02230 Filed 2–4–16; 8:45 am] 

BILLING CODE 6210–01–P 

DEPARTMENT OF HEALTH AND 

HUMAN SERVICES 

Centers for Disease Control and 

Prevention 

[60Day–16–16MM; Docket No. CDC–2016– 

0019] 

Proposed Data Collection Submitted 

for Public Comment and 

Recommendations 

AGENCY: Centers for Disease Control and 

Prevention (CDC), Department of Health 

and Human Services (HHS). 

ACTION: Notice with comment period. 

SUMMARY: The Centers for Disease 

Control and Prevention (CDC), as part of 

its continuing efforts to reduce public 

burden and maximize the utility of 

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