71420 Federal Register / Vol. 79, No. 231 / Tuesday, December 2, 2014 / Notices 

5For U.S. bank holidays and weekends, no 

positions should be reported. For data reported by 

entities in international locations, if there is a local 

bank holiday, submit data for those entities using 

the data from the previous business day. 

6These firms must comply with the transitions 

set forth in the LCR, which requires an LCR 

calculation monthly starting in January 2015. 

However, these firms do not need to report on 

2052a until this reporting as-of date. 

7These firms must comply with the transitions 

set forth in the LCR, which requires an LCR 

calculation monthly starting in January 2015. 

However, these firms do not need to report on 

2052a until this reporting as-of date. 

8The frequency of the FR 2052a monthly report 

may be temporarily adjusted to daily on a case-bycase basis as market conditions and supervisory 

needs change to carry out effective continuous 

liquidity monitoring. The Federal Reserve 

anticipates frequency adjustments to be a rare 

occurrence. 

9These FBOs would be required to have the 

ability to report on each business day. If the FBO 

consolidates a U.S. chartered firm that would 

independently have to report daily, then the FBO 

must report daily. The Federal Reserve would test 

these FBOs for their ability to report daily. 

10FR 2052b will not change for U.S. BHCs (not 

controlled by FBOs) with total consolidated assets 

of between $10 billion and $50 billion, so the 

frequency and as-of date will be the same as it is 

currently. 

Report No. Reporter description Frequency First 

as-of date 

First 

submission 

date 5

FR 2052a .......................... U.S. chartered firms with total assets <$700 billion 

and with assets under custody of <$10 trillion but, 

total assets ≥$250 billion or foreign exposure 

≥$10 billion.

Monthly ............................

Daily .................................

7 07/31/2015 

07/01/2016 

08/02/2015 

07/03/2016 

FR 2052a 8 ........................ U.S. chartered firms with total assets ≥$50 billion 

but, total assets <$250 billion and foreign exposure <$10 billion.

Monthly ............................ 01/31/2016 02/02/2016 

FR 2052a .......................... FBOs with U.S. assets ≥$50 billion and U.S. brokerdealer assets ≥$100 billion.Monthly ............................

Daily .................................

03/31/2015 

07/01/2015 

04/02/2015 

07/03/2015 

FR 2052a .......................... FBOs with U.S. assets ≥$50 billion and U.S. brokerdealer assets <$100 billion.Monthly ............................

Monthly 9 ..........................

01/31/2016 

07/31/2016 

02/02/2016 

08/02/2016 

FR 2052b 10 ....................... U.S. BHCs (not controlled by FBOs) with total consolidated assets of between $10 billion and $50 

billion.

Quarterly .......................... 12/31/2014 01/15/2015 

The parent company for those firms 

with less than $250 billion in total 

consolidated assets and with less than 

$10 billion of on-balance sheet foreign 

exposure would submit data for the 

following entities: The global 

consolidated entity and the parent only 

(ignoring consolidated subsidiaries). 

Respondents should consult their 

supervisory teams to determine if the 

parent company should also separately 

report any consolidated banks or nonbanks that are material contributors to 

the firm’s funding and liquidity 

operations. 

The parent company for those firms 

with $250 billion or more in total 

consolidated assets or $10 billion or 

more of on-balance sheet foreign 

exposure would submit data for the 

following entities: The global 

consolidated entity, the parent only 

(ignoring consolidated subsidiaries), 

and, separately, each consolidated bank 

and non-bank entity that is a material 

contributor to the firm’s funding and 

liquidity operations. For these firms, all 

bank entities with total consolidated 

assets of $10 billion or more would be 

considered material legal entities. 

Respondents should consult their 

supervisory teams to determine other 

material legal entities that should also 

be reported. 

FBOs with U.S. assets of $50 billion 

or more would report for their 

consolidated U.S. assets, as well as for 

all material entities managed within the 

U.S. For FBOs that own U.S. entities 

subject to the LCR, material entities 

include at least those entities subject to 

the LCR. Respondents should consult 

their supervisory teams to determine 

other material entities that should also 

be reported. 

Some firms that are currently filing on 

FR 2052b would be required to file on 

the updated 2052a, pursuant to the 

proposed schedule set forth in the 

transition table. The firms currently 

filing on FR 2052b would cease filing 

the 2052b once they begin filing the 

updated 2052a. 

Firms currently filing the FR 2052a 

would be required to file the updated 

2052a, pursuant to the proposed 

schedule set forth in the transition table. 

The firms currently filing on FR 2052a 

would cease filing on the current 2052a 

once they are filing daily on the updated 

2052a. 

Additionally, there are some firms 

that are not currently filing either the 

2052a or 2052b, but would be required 

to file the updated 2052a, pursuant to 

the proposed schedule set forth in the 

transition table. Among these 

companies are SLHCs that are subject to 

the LCR and nonbank financial 

companies that the Financial Stability 

Oversight Council has determined 

under section 113 of the Dodd-Frank 

Act (12 U.S.C. 5323) shall be supervised 

by the Board and for which such 

determination is still in effect, where 

the Board has applied the requirements 

of the LCR to such company by rule or 

order. 

The Board consulted outside the 

Federal Reserve System with other U.S. 

regulatory authorities including the 

Office of the Comptroller of the 

Currency and Federal Deposit Insurance 

Corporation in the development of FR 

2052a. In addition, data sharing 

agreements will be constituted with 

other U.S. regulatory agencies with 

supervisory responsibilities over subject 

institutions to monitor compliance with 

the LCR and to ensure there are no 

redundant data collections. Also, the 

Federal Reserve has held general 

discussions with financial institutions 

regarding the proposed revisions. 

Board of Governors of the Federal Reserve 

System, November 26, 2014. 

Robert deV. Frierson, 

Secretary of the Board. 

[FR Doc. 2014–28351 Filed 12–1–14; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisitions of Shares of a Bank or 

Bank Holding Company 

The notificants listed below have 

applied under the Change in Bank 

Control Act (12 U.S.C. 1817(j)) and 

§ 225.41 of the Board’s Regulation Y (12 

CFR 225.41) to acquire shares of a bank 

or bank holding company. The factors 

that are considered in acting on the 

notices are set forth in paragraph 7 of 

the Act (12 U.S.C. 1817(j)(7)). 

The notices are available for 

immediate inspection at the Federal 

Reserve Bank indicated. The notices 

also will be available for inspection at 


rljohnson on DSK3VPTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 231 / Tuesday, December 2, 2014 / Notices 71421 

1Copies of the Minutes of the Federal Open 

Market Committee at its meeting held on October 

28–29, 2014, which includes the domestic policy 

directive issued at the meeting, are available upon 

request to the Board of Governors of the Federal 

Reserve System, Washington, DC 20551. The 

minutes are published in the Federal Reserve 

Bulletin and in the Board’s Annual Report. 

the offices of the Board of Governors. 

Interested persons may express their 

views in writing to the Reserve Bank 

indicated for that notice or to the offices 

of the Board of Governors. Comments 

must be received not later than 

December 16, 2014. 

A. Federal Reserve Bank of Richmond 

(Adam M. Drimer, Assistant Vice 

President) 701 East Byrd Street, 

Richmond, Virginia 23261–4528: 

1. GCP III EVB LLC, a limited liability 

company; Greenhill Capital Partners III, 

L.P., a limited partnership; Greenhill 

Capital Partners (Cayman Islands) III, 

L.P., a limited partnership; Greenhill 

Capital Partners (GHL) III, L.P., a limited 

partnership; Greenhill Capital Partners 

(Employees) III, L.P., a limited 

partnership; GCP Managing Partner III, 

L.P., a limited partnership; GCP 

Managing Partner III GP, L.P., a limited 

partnership; GCP Capital Partners 

Holdings LLC, a limited partnership; 

GCP Capital Partners Holdings Inc., a 

corporation; GCP Capital Partners LLC, 

a limited partnership; Robert H. 

Niehaus, all of New York, New York, 

and Boris Gutin, Montclair, New Jersey; 

to acquire voting shares of Eastern 

Virginia Bankshares, Inc., and thereby 

indirectly acquire voting shares of EVB, 

both in Tappahannock, Virginia. 

Board of Governors of the Federal Reserve 

System, November 26, 2014. 

Michael J. Lewandowski, 

Associate Secretary of the Board. 

[FR Doc. 2014–28356 Filed 12–1–14; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Federal Open Market Committee; 

Domestic Policy Directive of October 

28–29, 2014 

In accordance with Section 271.25 of 

its rules regarding availability of 

information (12 CFR part 271), there is 

set forth below the domestic policy 

directive issued by the Federal Open 

Market Committee at its meeting held 

on October 28–29, 2014.1

Consistent with its statutory mandate, 

the Federal Open Market Committee 

seeks monetary and financial conditions 

that will foster maximum employment 

and price stability. In particular, the 

Committee seeks conditions in reserve 

markets consistent with federal funds 

trading in a range from 0 to 1⁄4 percent. 

The Committee directs the Desk to 

undertake open market operations as 

necessary to maintain such conditions. 

The Desk is directed to conclude the 

current program of purchases of longerterm Treasury securities and agency 

mortgage-backed securities by the end of 

October. The Committee directs the 

Desk to maintain its policy of rolling 

over maturing Treasury securities into 

new issues and its policy of reinvesting 

principal payments on all agency debt 

and agency mortgage-backed securities 

in agency mortgage-backed securities. 

The Committee also directs the Desk to 

engage in dollar roll and coupon swap 

transactions as necessary to facilitate 

settlement of the Federal Reserve’s 

agency mortgage-backed securities 

transactions. The System Open Market 

Account manager and the secretary will 

keep the Committee informed of 

ongoing developments regarding the 

System’s balance sheet that could affect 

the attainment over time of the 

Committee’s objectives of maximum 

employment and price stability. 

By order of the Federal Open Market 

Committee, November 20, 2014. 

William B. English, 

Secretary, Federal Open Market Committee. 

[FR Doc. 2014–28302 Filed 12–1–14; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Notice of Proposals To Engage in or 

To Acquire Companies Engaged in 

Permissible Nonbanking Activities 

The companies listed in this notice 

have given notice under section 4 of the 

Bank Holding Company Act (12 U.S.C. 

1843) (BHC Act) and Regulation Y, (12 

CFR part 225) to engage de novo, or to 

acquire or control voting securities or 

assets of a company, including the 

companies listed below, that engages 

either directly or through a subsidiary or 

other company, in a nonbanking activity 

that is listed in § 225.28 of Regulation Y 

(12 CFR 225.28) or that the Board has 

determined by Order to be closely 

related to banking and permissible for 

bank holding companies. Unless 

otherwise noted, these activities will be 

conducted throughout the United States. 

Each notice is available for inspection 

at the Federal Reserve Bank indicated. 

The notice also will be available for 

inspection at the offices of the Board of 

Governors. Interested persons may 

express their views in writing on the 

question whether the proposal complies 

with the standards of section 4 of the 

BHC Act. 

Unless otherwise noted, comments 

regarding the applications must be 

received at the Reserve Bank indicated 

or the offices of the Board of Governors 

not later than December 26, 2014. 

A. Federal Reserve Bank of Cleveland 

(Nadine Wallman, Vice President) 1455 

East Sixth Street, Cleveland, Ohio 

44101–2566: 

1. WesBanco, Inc., Wheeling, West 

Virginia; to acquire 100 percent of the 

voting shares of ESB Financial 

Corporation, and indirectly acquire ESB 

Bank, both in Ellwood City, 

Pennsylvania, and thereby engage in 

operating a savings association, 

pursuant to section 224.28(b)(4)(ii). 

Board of Governors of the Federal Reserve 

System, November 26, 2014. 

Michael J. Lewandowski, 

Associate Secretary of the Board. 

[FR Doc. 2014–28357 Filed 12–1–14; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL TRADE COMMISSION 

[File No. 122 3252] 

Deutsch LA, Inc.; Analysis of Proposed 

Consent Order To Aid Public Comment 

AGENCY: Federal Trade Commission. 

ACTION: Proposed consent agreement. 

SUMMARY: The consent agreement in this 

matter settles alleged violations of 

federal law prohibiting deceptive acts or 

practices. The attached Analysis of 

Proposed Consent Order to Aid Public 

Comment describes both the allegations 

in the draft complaint and the terms of 

the consent order—embodied in the 

consent agreement—that would settle 

these allegations. 

DATES: Comments must be received on 

or before December 29, 2014. 

ADDRESSES: Interested parties may file a 

comment at https://

ftcpublic.commentworks.com/ftc/

deutschlaconsent online or on paper, by 

following the instructions in the 

Request for Comment part of the 

SUPPLEMENTARY INFORMATION section 

below. Write ‘‘Deutsch LA, Inc.— 

Consent Agreement; File No. 122 3252’’ 

on your comment and file your 

comment online at https://

ftcpublic.commentworks.com/ftc/

deutschlaconsent by following the 

instructions on the web-based form. If 

you prefer to file your comment on 

paper, write ‘‘Deutsch LA, Inc.— 

Consent Agreement; File No. 122 3252’’ 

on your comment and on the envelope, 

and mail your comment to the following 

address: Federal Trade Commission, 

Office of the Secretary, 600 

Pennsylvania Avenue NW., Suite CC– 


rljohnson on DSK3VPTVN1PROD with NOTICES