49078 Federal Register / Vol. 82, No. 203 / Monday, October 23, 2017 / Notices 

who are deaf or hearing impaired, TTY, 

(202) 649–5597, Legislative and 

Regulatory Activities Division, Office of 

the Comptroller of the Currency, 400 7th 

Street SW, Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: Under the 

PRA (44 U.S.C. 3501–3520), federal 

agencies must obtain approval from 

OMB for each collection of information 

that they conduct or sponsor. 

‘‘Collection of information’’ is defined 

in 44 U.S.C. 3502(3) and 5 CFR 

1320.3(c) to include agency requests or 

requirements that members of the public 

submit reports, keep records, or provide 

information to a third party. The OCC is 

requesting that OMB extend its approval 

of the following information collection. 

Title: Reporting and Recordkeeping 

Requirements Associated with Liquidity 

Coverage Ratio: Liquidity Risk 

Measurement, Standards, and 

Monitoring. 

OMB Control No.: 1557–0323. 

Affected Public: Business or other forprofit. 

Type of Review: Regular review. 

Abstract: The quantitative liquidity 

requirement (12 CFR part 50) is 

designed to promote improvements in 

the measurement and management of 

liquidity risk. 

The rule applies to large and 

internationally active banking 

organizations—generally, bank holding 

companies, certain savings and loan 

holding companies, and depository 

institutions with $250 billion or more in 

total assets or $10 billion or more in onbalance sheet foreign exposure—and to 

their consolidated subsidiaries that are 

depository institutions with $10 billion 

or more in total consolidated assets. 

Section 50.22 requires that, with 

respect to each asset eligible for 

inclusion in a national bank or federal 

savings association’s (FSA’s) highquality liquid assets (HQLA) amount, 

the national bank or FSA must 

implement policies that require eligible 

HQLA to be under the control of the 

management function in the national 

bank or FSA responsible for managing 

liquidity risk. The management function 

must evidence its control over the 

HQLA by segregating the HQLA from 

other assets, with the sole intent to use 

the HQLA as a source of liquidity, or 

demonstrating the ability to monetize 

the assets and making the proceeds 

available to the liquidity management 

function without conflicting with a 

business or risk management strategy of 

the national bank or FSA. In addition, 

§ 50.22 requires that a national bank or 

FSA have a documented methodology 

that results in a consistent treatment for 

determining that the national bank or 

FSA’s eligible HQLA meet the 

requirements of § 50.22. 

Section 50.40 requires that a national 

bank or FSA notify its appropriate 

federal banking agency on any day 

when its liquidity coverage ratio is 

calculated to be less than the minimum 

requirement in § 50.10. If a national 

bank or FSA’s liquidity coverage ratio is 

below the minimum requirement in 

§ 50.10 for three consecutive days, or if 

the OCC has determined that the 

institution is otherwise materially 

noncompliant, the national bank or FSA 

must promptly provide a plan for 

achieving compliance with the 

minimum liquidity requirement in 

§ 50.10 and all other requirements of 

§ 50.40 to the OCC. 

The liquidity plan must include, as 

applicable: (1) An assessment of the 

national bank or FSA ’s liquidity 

position; (2) the actions the national 

bank or FSA has taken and will take to 

achieve full compliance, including a 

plan for adjusting the national bank or 

FSA’s risk profile, risk management, 

and funding sources in order to achieve 

full compliance and a plan for 

remediating any operational or 

management issues that contributed to 

noncompliance; (3) an estimated time 

frame for achieving full compliance; and 

(4) a commitment to provide a progress 

report to the OCC at least weekly until 

full compliance is achieved. 

Frequency of Response: Annual and 

event generated. 

Affected Public: Covered national 

banks and FSAs. 

Estimated Number of Respondents: 

19. 

Estimated Total Annual Burden: 

2,361 hours. 

The OCC issued a notice for 60 days 

of comment regarding this collection on 

July 19, 2017, 82 FR 33202. No 

comments were received. Comments 

continue to be invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’s 

estimate of the information collection 

burden; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

the 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. 

Dated: October 17, 2017. 

Karen Solomon, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2017–22927 Filed 10–20–17; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

Advisory Committee on Cemeteries 

and Memorials, Amended Notice of 

Meeting 

The Department of Veterans Affairs 

(VA) gives notice under the Federal 

Advisory Committee Act that a meeting 

of the Advisory Committee on 

Cemeteries and Memorials will be held 

on October 31–November 1, 2017. The 

meeting sessions will take place at the 

Jefferson Barracks Medical Center, 1 

Jefferson Barracks Drive, Building 56, 

St. Louis, MO 63125. Sessions are open 

to the public, except when the 

Committee is conducting tours of VA 

facilities, participating in off-site events, 

and participating in workgroup 

sessions. Tours of VA facilities are 

closed, to protect from disclosure 

Veterans’ information the disclosure of 

which would constitute a clearly 

unwarranted invasion of personal 

privacy. 

The purpose of the Committee is to 

advise the Secretary of Veterans Affairs 

on the administration of national 

cemeteries, soldiers’ lots and plots, the 

selection of new national cemetery sites, 

the erection of appropriate memorials, 

and the adequacy of Federal burial 

benefits. The Committee will make 

recommendations to the Secretary 

regarding such activities. 

On the morning of Tuesday, October 

31st, the Committee will convene with 

an open session at the Jefferson Barracks 

Medical Center, 1 Jefferson Barracks 

Drive, Building 56, St. Louis, MO 63125, 

from 8:30 a.m. to 12:00 p.m. central 

time. The agenda will include briefings 

on NCA Modernization efforts and 

Committee recommendations. In the 

afternoon, from 1:00 p.m. to 4:00 p.m., 

central time, the Committee will 

reconvene a closed session, as it tours 

the NCA National Training Center colocated at the meeting site and Jefferson 

Barracks National Cemetery at 2900 

Sheridan Road, St. Louis, MO 63125. 

On November 1st, the meeting will 

convene an open session at the Jefferson 

Barracks Medical Center, 1 Jefferson 

Barracks Drive, Building 56, St. Louis, 

MO 63125, from 8:30 a.m.–4:00 p.m. 

central time. The agenda will include a 

continuation of briefings on Committee 


ethrower on DSK3G9T082PROD with NOTICES
Federal Register / Vol. 82, No. 203 / Monday, October 23, 2017 / Notices 49079 

Recommendations and a briefing on the 

Veterans Legacy Program. 

Time will be allocated for receiving 

oral presentations from the public each 

day. The dial-in number is 1–800–767– 

1750, access code 52799#. Note: The 

telephone line will be muted until the 

Committee Chairman opens the floor for 

public comment. Any member of the 

public wishing to attend the meeting 

should contact Ms. Christine Hamilton, 

Designated Federal Officer, at (202) 

461–5680. The Committee will also 

accept written comments. Comments 

may be transmitted electronically to the 

Committee at Christine.hamilton1@

va.gov or mailed to the National 

Cemetery Administration (40A1), 810 

Vermont Avenue NW., Washington, DC 

20420. In the public’s communications 

with the Committee, the writers must 

identify themselves and state the 

organizations, associations, or persons 

they represent. 

Dated: October 18, 2017. 

Jelessa M. Burney, 

Federal Advisory Committee Management 

Officer. 

[FR Doc. 2017–22945 Filed 10–20–17; 8:45 am] 

BILLING CODE P 


ethrower on DSK3G9T082PROD with NOTICES