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68228 Federal Register / Vol. 67, No.

217 / Friday, November 8, 2002 / Notices

DEPARTMENT OF THE TREASURY inspect and photocopy the comments at the agency clearance officers whose
the OCC’s Public Information Room, 250 names appear below.
Office of the Comptroller of the E Street, SW, Washington, DC 20219. OCC: Jessie Dunaway, OCC Clearance
Currency You can make an appointment to Officer, or Camille Dixon, (202) 874–
inspect the comments by calling (202) 5090, Legislative and Regulatory
FEDERAL RESERVE SYSTEM 874–5043. Activities Division, Office of the
Board: Written comments, which Comptroller of the Currency, 250 E
FEDERAL DEPOSIT INSURANCE should refer to ‘‘Country Exposure Street, SW., Washington, DC 20219.
CORPORATION Report, 7100-0035,’’ may be mailed to Board: Cindy Ayouch, Board
Ms. Jennifer J. Johnson, Secretary, Board Clearance Officer, (202) 452–3829,
Proposed Agency Information Division of Research and Statistics,
of Governors of the Federal Reserve
Collection Activities; Comment Board of Governors of the Federal
System, 20th and C Streets, NW,
Request Reserve System, 20th and C Streets,
Washington, DC 20551. However,
AGENCIES: Office of the Comptroller of because paper mail in the Washington NW, Washington, DC 20551.
the Currency (OCC), Treasury; Board of area and at the Board of Governors is Telecommunications Device for the Deaf
Governors of the Federal Reserve subject to delay, please consider (TDD) users may call (202) 263–4869.
System (Board); and Federal Deposit submitting your comments by electronic FDIC: Tamara R. Manly, Management
Insurance Corporation (FDIC). mail to Analyst (Regulatory Analysis), (202)
ACTION: Joint notice and request for regs.comments@Federalreserve.gov, or 898–7453, Legal Division, Federal
comment. faxing them to the Office of the Deposit Insurance Corporation, 550 17th
Secretary at (202) 452–3819 or (202) Street NW, Washington, DC 20429.
SUMMARY: In accordance with the 452–3102. Comments addressed to Ms. SUPPLEMENTARY INFORMATION: Proposal
requirements of the Paperwork Johnson may also be delivered to the to Revise the Filing Method and to
Reduction Act of 1995 (44 U.S.C. Board’s mail facility in the West Extend For Three Years The Following
chapter 35), the OCC, the Board, and the Courtyard between 8:45 a.m. and 5:15 Currently Approved Collections of
FDIC (the ‘‘agencies’’) may not conduct p.m., located on 21st Street between Information.
or sponsor, and the respondent is not Constitution Avenue and C Street, NW. Report Title: Country Exposure
required to respond to, an information Members of the public may inspect Report/Country Exposure Information
collection unless it displays a currently comments in room M–P–500 between 9 Report
valid Office of Management and Budget a.m. and 5 p.m. on weekdays pursuant Form Number: FFIEC 009 and FFIEC
(OMB) control number. The Federal to section 261.12, except as provided in 009a Frequency of Response: Quarterly
Financial Institutions Examination 261.14, of the Board’s Rules Regarding Affected Public: Business or other for
Council (FFIEC), of which the agencies Availability of Information, 12 CFR profit
are members, has approved the 261.12 and 261.14. For OCC:
agencies’ publication for public FDIC: Written comments should be OMB Number: 1557–0100
comment of proposed revisions to the addressed to Robert E. Feldman, Estimated Number of Respondents: 21
Country Exposure Report (FFIEC 009) Executive Secretary, Attention: (FFIEC 009); 21 (FFIEC 009a)
and the Country Exposure Information Comments/Legal Division, Federal Estimated Average Time per
Report (FFIEC 009a), which are Deposit Insurance Corporation, 550 17th Response: 30 burden hours (FFIEC 009);
currently approved collections of Street, NW, Washington, DC 20429. All 5.25 burden hours (FFIEC 009a)
information. At the end of the comment comments should refer to ‘‘Country Estimated Total Annual Burden:
period, the comments and Exposure Report, 3064–0017.’’ 2,520 burden hours (FFIEC 009); 441
recommendations received will be Commenters are encouraged to submit burden hours (FFIEC 009a)
analyzed to determine the extent to comments by fax or electronic mail [Fax For Board:
which the FFIEC should modify the number: (202) 898–3838; Internet OMB Number: 7100–0035
proposed revisions prior to giving its address: comments@fdic.gov]. Estimated Number of Respondents: 31
final approval. The agencies will then Comments also may be hand–delivered (FFIEC 009); 16 (FFIEC 009a)
submit the revisions to OMB for review to the guard station at the rear of the 550 Estimated Average Time per
and approval. 17th Street Building (located on F Response: 30 burden hours (FFIEC 009);
DATES: Comments must be submitted on Street) on business days between 7 a.m. 5.25 burden hours (FFIEC 009a)
or before January 7, 2003. and 5 p.m. Comments may be inspected Estimated Total Annual Burden: 3720
ADDRESSES: Interested parties are and photocopied in the FDIC Public burden hours (FFIEC 009); 336 burden
invited to submit written comments to Information Center, Room 100, 801 17th hours (FFIEC 009a)
any or all of the agencies. All comments, Street, NW, Washington, DC, between 9 For FDIC:
which should refer to the OMB control a.m. and 4:30 p.m. on business days. OMB Number: 3064–0017
number(s), will be shared among the A copy of the comments may also be Estimated Number of Respondents: 22
agencies. submitted to the OMB desk officer for (FFIEC 009); 22 (FFIEC 009a)
OCC: Comments should be sent to the the agencies: Joseph F. Lackey, Jr., Estimated Average Time per
Public Information Room, Office of the Office of Information and Regulatory Response: 30 burden hours (FFIEC 009);
Comptroller of the Currency, Mailstop Affairs, Office of Management and 5.25 burden hours (FFIEC 009a)
1–5, Attention: 1557–0100, 250 E Street, Budget, New Executive Office Building, Estimated Total Annual Burden:
SW, Washington, DC 20219. Due to Room 10235, Washington, DC 20503 or 2,640burden hours (FFIEC 009); 462
delays in the OCC’s mail service since electronic mail to burden hours (FFIEC 009a)
September 11, 2001, commenters are jlackeyj@omb.eop.gov. General Description of Reports
encouraged to submit comments by fax These information collections are
or e–mail. Comments may be sent by fax FOR FURTHER INFORMATION CONTACT: mandatory: 12 U.S.C. 161 and 1817 (for
to (202) 874–4448, or by e–mail to additional information or a copy of the national banks), 12 U.S.C. 248(a),
regs.comments@occ.treas.gov. You can collection may be requested from any of 1844(c), and 3906 (for state member

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Federal Register / Vol. 67, No. 217 / Friday, November 8, 2002 / Notices 68229

banks and bank holding companies); electronically submit the Report of including whether the information has
and 12 U.S.C. 1817 and 1820 (for Assets and Liabilities of U.S. Branches practical utility;
insured state nonmember commercial and Agencies of Foreign Banks (FFIEC (b) The accuracy of the agencies’
and savings banks). The FFIEC 009 002) and the Report of Assets and estimates of the burden of the
information collection is given Liabilities of Non–U.S. Branches that information collections as they are
confidential treatment (5 U.S.C. are Managed or Controlled by a U.S. proposed to be revised, including the
552(b)(4) and (b)(8)). The FFIEC 009a Branch or Agency of a Foreign Bank validity of the methodology and
information collection is not given (FFIEC 002s), which has improved the assumptions used;
confidential treatment. Small businesses efficiency of the collection process for (c) Ways to enhance the quality,
(i.e., small banks) are not affected. those reports. The agencies believe that utility, and clarity of the information to
Abstract requiring electronic submission of be collected;
The Country Exposure Report (FFIEC FFIEC 009 and 009a reports can result (d) Ways to minimize the burden of
009) is filed quarterly with the agencies in similar benefits. information collections on respondents,
and provides information on The agencies propose to have the including through the use of automated
international claims of U.S. banks and Board collect and process the FFIEC 009 collection techniques or other forms of
bank holding companies that is used for and 009a reports on their behalf via the information technology; and
supervisory and analytical purposes. Federal Reserve System’s Internet (e) Estimates of capital or start up
The information is used to monitor Electronic Submission (IESUB) system. costs and costs of operation,
country exposure of banks to determine The Board, which collects and processes maintenance, and purchase of services
the degree of risk in their portfolios and the FFIEC 002 and 002s for the three to provide information.
the possible impact on U.S. banks of agencies, currently allows foreign banks Comments submitted in response to
adverse developments in particular to submit these reports via IESUB. this Notice will be shared among the
countries. The Country Exposure Electronic filing capability via IESUB is agencies and will be summarized or
Information Report (FFIEC 009a) is a available on the Internet through the use included in the agencies’ requests for
supplement to the FFIEC 009 and of data entry or a file transfer feature. OMB approval. All comments will
provides publicly available information These methods are secure and result in become a matter of public record.
on material foreign country exposures a minimal burden to banks and bank Written comments should address the
(all exposures to a country in excess of holding companies. Reporting accuracy of the burden estimates and
one percent of total assets or 20 percent institutions must enroll and be ways to minimize burden as well as
of capital, whichever is less) of U.S. authenticated before IESUB will accept other relevant aspects of the information
banks and bank holding companies that a report submission. collection request.
file the FFIEC 009 report. As part of the
The file transfer feature allows Dated: October 28, 2002.
Country Exposure Information Report,
institutions to submit reports over the Mark J. Tenhundfeld,
reporting institutions must also furnish
Internet in a pre–defined file format. Assistant Director, Legislative and Regulatory
a list of countries in which they have
The files can be created from a Activities Division, Office of the Comptroller
lending exposures above 0.75 percent of
spreadsheet (e.g., Microsoft Excel (c), of the Currency.
total assets or 15 percent of total capital,
Lotus 123 (c)) or any other back–end
whichever is less. Board of Governors of the Federal Reserve
Current Action system that a reporting institution uses
System, October 31, 2002.
The agencies propose to require to generate its data. When an institution
submits its FFIEC 009 and 009a reports Jennifer J. Johnson,
electronic submission of all FFIEC 009 Secretary of the Board.
and 009a reports effective with the either through data entry or a pre–
March 31, 2003, report date. The defined file format, IESUB will check Dated at Washington, D.C., this 28th day of
agencies would no longer accept paper the validity of the data and provide the October, 2002.
(hard copy) reports from banks and bank institution with a receipt containing the FEDERAL DEPOSIT INSURANCE
holding companies after the December data submitted and the date and time CORPORATION
31, 2002, report date. The submission that IESUB received the file. A complete Robert E. Feldman,
deadline would remain 45 calendar description of IESUB, including the Executive Secretary.
days after the report date. No changes system requirements, security and file [FR Doc. 02–28118 Filed 11–7–02; 8:45 am]
are proposed to the FFIEC 009 and 009a transfer features is available at the BILLING CODES OCC: 4810–33–S 1/3; Board: 6210–01–S
reporting forms. Federal Reserve System reporting 1/3; FDIC: 6714–01–S 1/3
Type of Review: Revision of a website http://
currently approved collection. www.reportingandreserves.org/
Proposed Change in Submission req.html. DEPARTMENT OF THE TREASURY
Method The agencies believe that this revision
The agencies propose to require would not be a significant burden to Office of the Comptroller of the
electronic submission of the FFIEC 009 banks or bank holding companies Currency
and 009a reports as part of an ongoing because of advancements in, and the
effort to improve data quality and the common use of, computer technology FEDERAL RESERVE SYSTEM
efficiency of the data collection process. currently available for the filing of
Over the past five years, the agencies regulatory reports. FEDERAL DEPOSIT INSURANCE
have implemented an electronic Request for Comment CORPORATION
submission requirement for bank Public comment is requested on all Proposed Agency Information
Reports of Condition and Income (Call aspects of this proposal. In addition, Collection Activities; Comment
Reports) and have realized efficiencies comments are invited on: Request
in the collection process with minimal (a) Whether the proposed revisions to
increase in burden to reporting the FFIEC 009 and 009a collections of AGENCIES: Office of the Comptroller of
institutions. In addition, the agencies information are necessary for the proper the Currency (OCC), Treasury; Board of
have allowed foreign banks to performance of the agencies’ functions, Governors of the Federal Reserve

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