63520 Federal Register / Vol. 60, No. 237 / Monday, December 11, 1995 / Notices

63.15 is proposed to be amended to

enable carriers to add circuits on private

satellite or cable systems, without

obtaining prior authority. The NPRM

also proposes to simplify the Section

214 and cable landing license

application process by reducing the

detailed information now required in

Sections 63.01 and 1.767. The NPRM

also proposes to encourage filing of

international Section 214 applications

electronically and on computer disk,

and to require that any information

contained in an application in a foreign

language be accompanied with a

certified translation in English.

The NPRM further reduces filing

requirements by allowing dominant

carriers to automatically convey

transmission capacity in submarine

cables to other carriers without

obtaining prior Section 214 authority.

Also, the NPRM proposes to further

streamline the tariff requirements for

non-dominant international resale and

facilities-based carriers by permitting

them to file their international tariffed

rates on one day’s notice instead of the

current 14 days’ notice, and seeks

comment, in general, on whether to

streamline the international tariff

process. However, these tariff related

proposals are not subject to the PRA.

Finally, the Commission seeks

comments on what, if any, Section 214

authorization requirements it should

forbear from applying if given

forbearance authority by Congress.

Federal Communications Commission.

William F. Caton,

Acting Secretary.

[FR Doc. 95–30118 Filed 12–8–95; 8:45 am]

BILLING CODE 6712–01–F

Schedule for En Banc Hearing,

Advanced Television Proceeding

December 6, 1995.

The schedule for the Federal

Communications Commission’s

December 12, 1995 en banc hearing on

Advanced Television, MM Docket No.

87–268, is as follows:

8:30–8:45 a.m.—Opening remarks from

the Commission

8:45–10:15 a.m.—Commercial

Opportunities of Digital Broadcast

The transition to digital broadcast is

fraught with risk and uncertainty yet

promises rich rewards if successful.

Panelists discuss the opportunities and

challenges created by the transition to

digital television. Issues to be explored

include whether digital technology will

allow broadcasters to compete in an

increasingly challenging video

marketplace, how will they finance the

transition, what is the impact on their

competitors?

Richard E. Wiley, Chairman, Advisory

Committee on Advanced Television

Services

Steven Rattner, Managing Director, Lazard

Freres & Co

Ed Grebow, President, TELETV Systems,

TELETV

Neil Braun, President, NBC Television

Network, NBC, Inc.

John Hendricks, Chairman and CEO,

Discovery Communications, Inc./NCTA

Stanley Hubbard, Chairman and CEO of

Hubbard Broadcasting, Inc.

Lawrence Grossman, President, Brookside

Productions & Horizons Cable

10:30 a.m.–noon—The Public Interest,

Convenience and Necessity

The Commission’s current public

interest rules, including those

mandating specific statutory

requirements, were developed for

broadcasters essentially limited by

technology to a single, analog video

programming service. Panelists discuss

the potential for more flexible and

dynamic use of the spectrum through

digital broadcast and its impact on

broadcasters’ obligation to serve the

public interest.

Gigi Sohn, Deputy Director, Media Access

Project

Alan Braverman, Vice President and General

Counsel, Cap Cities/ABC

Barry Diller, Chairman, Silver King

Communications

Faye Anderson, President, Douglass Policy

Institute

David Honig, Executive Director, Minority

Media and Telecommunications Council

John Siegel, Sr. Vice President, Chris Craft

Industries/INTV

1:30–3:00 p.m.—Digital Applications

The digital transmission system

designed by the Grand Alliance would

provide broadcasters with new

flexibility as they embark on serving the

American public with the next

generation of television. Allowing some

flexibility would increase the ability of

broadcasters to compete in an

increasingly competitive marketplace.

Panelists discuss potential for new

applications to complement broadcast

video as well as look to the future for

services made possible on recovered

channels.

Ed Horowitz, Senior Vice President of

Technology, Viacom

George Keyworth, Chairman, Progress and

Freedom Foundation

James C. McKinney, Chairman, Advanced

Television Systems Committee

Edward Reilly, President, McGraw-Hill

Broadcasting/MSTV

John Major, Senior Vice President and

Assistant Chief Corporate Staff Officer,

Motorola

James Carnes, President and CEO, Sarnoff/

Grand Alliance

Joseph A. Flaherty, Senior Vice President,

Technology, CBS Inc./ATSC Broadcast

Caucus

3:15–4:30 p.m.—Impact on Consumers

While a transition to digital broadcast

promises many benefits, the public

interest would be served by avoiding

any substantial dislocation of service to

existing viewers. With many competing

services coming on line, greater

incentives exist for broadcasters to

convert rapidly to digital broadcast.

Panelists discuss the expected impact

on consumers as it relates to

deployment of new equipment and

services, the ability of broadcasters to

continue to serve their audience during

the transition, the opportunities for

improved service and technology and

the extent to which consumers’ value is

enhanced such that analog transmission

may be terminated.

Bruce Allan, Vice President, Technology &

Business Development, Thompson

Consumer Electronics

Sherwin Grossman, President, Community

Broadcasters Association (CBA)

John Abel, President and CEO, Datacast

Partners

Ralph Gabbard, President/COO of Gray

Communications/NAB

David Liroff, Vice-President and Chief

Technology Officer, WGBH Educational

Foundation

The hearing will take place Tuesday,

December 12, 1995, from 8:30 a.m. to

4:30 p.m. in the Commission Meeting

Room, Room 856, 1919 M St., NW.,

Washington, DC, and is open to the

public. Concurrently, digital television

technology demonstrations, also open to

the public, will be presented. These

demonstrations will be available for

viewing Tuesday, December 12 from

8:30 a.m. to 5:30 p.m. in the

Commission’s Training Center located

on the first floor of 2000 M St., NW.,

Washington, DC. The Commission may

alter the schedule of demonstrations

and panelists if necessary.

Scheduled demonstrations will be

presented by:

The Digital HDTV Grand Alliance

CBS, Inc.

Hitachi America, Ltd.

Hubbard Broadcasting, Inc.

Microsoft Corporation

Sony Corporation of America

Texas Instruments

For the hearing impaired, an ASL

interpreter will translate the hearing.

Video tapes, which will be closed

captioned, and written transcripts of the

hearing will be available for a fee.

For further information about the

hearing, please contact Saul Shapiro at

(202) 418–2600. The contacts for media

coverage are Karen Watson, David Fiske,
Federal Register / Vol. 60, No. 237 / Monday, December 11, 1995 / Notices 63521

Maureen Peratino and Audrey Spivack

at (202) 418–0500.

Federal Communications Commission.

William F. Caton,

Acting Secretary.

[FR Doc. 95–30230 Filed 12–8–95; 8:45 am]

BILLING CODE 6712–01–M

FEDERAL MARITIME COMMISSION

Security for the Protection of the

Public Financial Responsibility to Meet

Liability Incurred for Death or Injury to

Passengers or Other Persons on

Voyages; Notice of Issuance of

Certificate (Casualty)

Notice is hereby given that the

following have been issued a Certificate

of Financial Responsibility to Meet

Liability Incurred for Death or Injury to

Passengers or Other Persons on Voyages

pursuant to the provisions of Section 2,

Public Law 89–777 (46 U.S.C. 817(d))

and the Federal Maritime Commission’s

implementing regulations at 46 C.F.R.

Part 540, as amended:

Star Clippers Ltd., Luxembourg Shipping

Services S.A., Star Flyer N.V. and Star

Clipper N.V., 4101 Salzedo Street, Coral

Gables, Florida 33146

Vessel: STAR FLYER

Dated: December 5, 1995.

Joseph C. Polking,

Secretary.

[FR Doc. 95–30021 Filed 12–8–95; 8:45 am]

BILLING CODE 6730–01–M

Security for the Protection of the

Public Indemnification of Passengers

for Nonperformance of Transportation;

Notice of Issuance of Certificate

(Performance)

Notice is hereby given that the

following have been issued a Certificate

of Financial Responsibility for

Indemnification of Passengers for

Nonperformance of Transportation

pursuant to the provisions of Section 3,

Public Law 89–777 (46 U.S.C. § 817(e))

and the Federal Maritime Commission’s

implementing regulations at 46 C.F.R.

part 540, as amended:

Star Clippers Ltd. and Luxembourg Shipping

Services S.A., 4101 Salzedo Street, Coral

Gables, Florida 33146

Vessel: STAR FLYER

Dated: December 5, 1995.

Joseph C. Polking,

Secretary.

[FR Doc. 95–30021 Filed 12–8–95; 8:45 am]

BILLING CODE 6730–01–M

FEDERAL RESERVE SYSTEM

Agency Forms Under Review

Background

Notice is hereby given of the final

approval of proposed information

collections by the Board of Governors of

the Federal Reserve System (Board)

under OMB delegated authority, as per

5 C.F.R. 1320.9 (OMB Regulations on

Controlling Paperwork Burdens on the

Public). 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.

FOR FURTHER INFORMATION CONTACT:

Federal Reserve Board Clearance

Officer—Mary M. McLaughlin—

Division of Research and Statistics,

Board of Governors of the Federal

Reserve System, Washington, D.C.

20551 (202-452-3829)

OMB Desk Officer—Milo Sunderhauf—

Office of Information and Regulatory

Affairs, Office of Management and

Budget, New Executive Office

Building, Room 3208, Washington,

D.C. 20503 (202-395-7340)

Final approval under OMB delegated

authority of the extension, with

revisions, of the following reports:

1. Report title: Annual Report of

Foreign Banking Organizations; Foreign

Banking Organization Structure Report

on U.S. Banking and Nonbanking

Activities; and Foreign Banking

Organization Confidential Report of

Operations

Agency form number: FR Y-7, FR Y-7A,

and FR 2068

OMB Docket number: 7100-0125

Frequency: Annual

Reporters: Foreign banking

organizations

Annual reporting hours: 13,243

Estimated average hours per response:

41

Number of respondents: 323

Small businesses are not affected.

General description of report: This

information collection is mandatory [12

U.S.C. §§1844(c), 3106, and 3108(a)].

Upon request from a respondent, certain

information in the FR Y-7 and FR Y-7A

may be deemed confidential pursuant to

sections b(4) and (b)(6) of the Freedom

of Information Act [5 U.S.C. §552]. All

information provided in the FR 2068 is

confidential [5 U.S.C. §552(b)(8)] and is

subject to special handling procedures

[12 CFR §261.11(h)].

These reports are required from all

foreign banking organizations (FBOs)

engaged in the business of banking in

the United States. Respondents must

report, on the FR Y-7, information on

the structure of their activities in the

United States as well as financial

statements prepared in accordance with

home country accounting practices,

separate financial statements for U.S.

nonbanking subsidiaries, an

organization chart reflecting

investments in U.S. companies and

foreign companies that do business in

the United States, disclosure of large

shareholders, and a list of officers and

directors.

The FR 2068 requires FBOs to report

revenues and expenses, loan losses,

asset quality, hidden reserves not

disclosed on the FR Y-7, an organization

chart, and financial data on non-U.S.

subsidiaries that the FBO controls.

Respondents will continue to submit the

FR 2068 directly with the Federal

Reserve Board.

Abstract: On December 16, 1994, the

Federal Reserve Board approved earlier

versions of these proposals for public

comment and published notice in the

FR [Vol. 60, FR 1779, January 6, 1995].

The initial comment period (30 days)

expired on February 5, 1995. In light of

the extensive changes proposed,

commenters requested three successive

30-day extensions of the comment

period in order to fully assess the effects

of the changes. As a result of those

extensions, the final comment period

expired on May 31, 1995.

There were six commenters, four

trade groups and two FBOs. The nature

of the comments varied. Some

addressed burden, some concerned

confidentiality, and some suggested

improvements to the reporting forms

and instructions. Comments regarding

burden focused on the accuracy of the

overall burden estimate and on specific

proposed revisions that commenters

believed would increase burden

significantly.

After considering the comments, the

Federal Reserve Board has approved

several modifications to the initial

proposal.

Reporting Structure

FR Y-7

All FBOs engaged in the business of

banking in the United States file the FR

Y-7 annually, as of the end of the

reporter’s fiscal year. 323 FBOs file the

FR Y-7: 55 foreign bank holding

companies; 218 foreign banks with

commercial lending companies, Edge

corporations, or U.S. branches and

agencies; and 50 foreign parent

companies. Respondents report

information on the structure of their

activities in the United States, as well as

the following financial and managerial

information: