60-day Federal Register Notice

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Federal Register / Vol. 81, No. 74 / Monday, April 18, 2016 / Notices

information is available on MARAD’s
Web site at http://www.marad.dot.gov
search ‘‘Office of Gateway.’’
Authority: 49 CFR Sections 1.92 and 1.93.

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By Order of the Maritime Administrator.
Dated: April 13, 2016.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
[FR Doc. 2016–08918 Filed 4–15–16; 8:45 am]
BILLING CODE 4910–81–P

DEPARTMENT OF TRANSPORTATION
National Highway Traffic Safety
Administration
[Docket No. NHTSA–2016–0047]

Denial of Motor Vehicle Defect Petition
National Highway Traffic
Safety Administration (NHTSA),
Department of Transportation.
ACTION: Denial of petition for a defect
investigation.
AGENCY:

NHTSA has reviewed the material
provided by the petitioners and other
pertinent data that the agency gathered
as well as test drove the petitioners’
vehicle. The results of this review and
NHTSA’s analysis of the petition’s merit
is set forth in the DP15–006 Evaluation
Report, appearing in the public docket
referenced in the heading of this notice.
For the reasons presented in the
Evaluation Report, it is unlikely that an
order concerning notification and
remedy of a safety-related defect would
be issued as a result of granting Mr.
Albert Cusson and Nancy YoungerCusson’s request. Therefore, in review
of the need to allocate and prioritize
NHTSA’s investigative resources, an
investigation on the issues raised by the
petition does not appear to be
warranted. Therefore, the petition is
denied.
Authority: 49 U.S.C. 30162(d); delegations
of authority at CFR 1.95 and 501.8.
Gregory K. Rea,
Associate Administrator for Enforcement.
[FR Doc. 2016–08852 Filed 4–15–16; 8:45 am]

This notice sets forth the
reasons for the denial of a petition
submitted to NHTSA under 49 U.S.C.
30162, requesting that the agency
commence a proceeding to determine
the existence of a defect related to motor
vehicle safety in 2015 Volvo VNL 780
vehicles. After a review of the petition
and other information, NHTSA has
concluded that further expenditure of
the agency’s investigative resources on
the issues raised by the petition does
not appear warranted. The agency
accordingly has denied the petition. The
petition is hereinafter identified as
DP15–006.
FOR FURTHER INFORMATION CONTACT: Mr.
Nate Seymour, Medium & Heavy Duty
Vehicle Division, Office of Defects
Investigation (ODI), NHTSA, 1200 New
Jersey Ave. SE., Washington, DC 20590.
Telephone: (202) 366–2069.
SUPPLEMENTARY INFORMATION: By letter
dated August 7, 2015, Mr. Albert Cusson
and Nancy Younger-Cusson wrote to
NHTSA requesting that the agency
investigate the issues they previously
identified in vehicle owner
questionnaires (VOQ) 10701592 and
10747593 filed with the Agency. While
the Petitioner’s letter did not comply
precisely with the requirements for
petitions found in 49 CFR 552.4, the
Agency is treating it as a petition in
accordance with the regulation.
ODI understands these issues to
include: Cab sway, cab alignment/
bottoming out, and loss of vehicle
control due to false triggering of the
advanced vehicle safety systems.

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SUMMARY:

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BILLING CODE 4910–59–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Proposed Agency Information
Collection Activities; Comment
Request
Office of the Comptroller of the
Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); and Federal Deposit
Insurance Corporation (FDIC).
ACTION: Joint notice and request for
comment.
AGENCY:

In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995 (44 U.S.C.
chapter 35), the OCC, the Board, and the
FDIC (the agencies) may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The agencies,
under the auspices of the Federal
Financial Institutions Examination
Council (FFIEC), have approved the
publication of proposed revisions to the
Regulatory Capital Reporting for
Institutions Subject to the Advanced

SUMMARY:

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Capital Adequacy Framework (FFIEC
101) for public comment. The proposed
revisions to the FFIEC 101 are
consistent with the revised regulatory
capital rule approved by the agencies in
July 2013 (regulatory capital rule), as
amended by subsequent revisions to the
supplementary leverage ratio (SLR).
The proposed collection of SLR data
in Tables 1 and 2 of FFIEC 101 Schedule
A would apply to all banking
organizations subject to the advanced
approaches risk-based capital rule
(generally, banking organizations with
$250 billion or more in total
consolidated assets or $10 billion or
more in on-balance sheet foreign
exposures) (advanced approaches
banking organizations), unless the
advanced approaches banking
organization is (i) a consolidated
subsidiary of a bank holding company
(BHC), savings and loan holding
company (SLHC), or depository
institution that is subject to the
disclosure requirements in Table 13 of
section 173 of the advanced approaches
risk-based capital rule (advanced
approaches rule), or (ii) a subsidiary of
a non-U.S. banking organization that is
subject to comparable public disclosure
requirements in its home jurisdiction.
Advanced approaches banking
organizations would begin reporting the
proposed SLR data items in FFIEC 101
Schedule A, Tables 1 and 2, effective
with the September 30, 2016, reporting
date.
Separately, the proposed collection of
SLR data in Tables 1 and 2 of FFIEC 101
Schedule A would apply to any U.S.
intermediate holding companies (IHCs)
formed or designated for purposes of
compliance with the Board’s Regulation
YY (12 CFR 252.153) that are advanced
approaches banking organizations,
effective with the March 31, 2018,
reporting date. Any subsidiary BHC
controlled by a foreign banking
organization (FBO) that was subject to
the SLR requirements prior to the
formation of an IHC would complete
FFIEC 101 Schedule A, Tables 1 and 2,
through the December 31, 2017,
reporting date. The agencies would
release publicly Tables 1 and 2 of FFIEC
101 Schedule A for all covered banking
organizations, including IHCs that are
required to complete Schedule A.
At the end of the comment period, the
comments will be analyzed to determine
the extent to which the FFIEC and the
agencies should modify the proposed
revisions. The agencies will then submit
the proposed revisions to OMB for
review and final approval.
DATES: Comments must be submitted on
or before June 17, 2016.

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Federal Register / Vol. 81, No. 74 / Monday, April 18, 2016 / Notices
Interested parties are
invited to submit written comments to
any or all of the agencies. All comments,
which should refer to the OMB control
number(s), will be shared among the
agencies.
OCC: Because paper mail in the
Washington, DC, area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
email if possible to prainfo@
occ.treas.gov. Comments may be sent to:
Legislative and Regulatory Activities
Division, Office of the Comptroller of
the Currency, Attention: 1557–0239
(FFIEC 101), 400 7th Street SW., Suite
3E–218, Mail Stop 9W–11, Washington,
DC 20219. In addition, comments may
be sent by fax to (571) 465–4326. You
may personally inspect and photocopy
comments at the OCC, 400 7th Street,
SW., Washington, DC 20219. For
security reasons, the OCC requires that
visitors make an appointment to inspect
comments. You may do so by calling
(202) 649–6700 or for persons who are
deaf or hard of hearing, TTY, (202) 649–
5597. Upon arrival, visitors will be
required to present valid governmentissued photo identification and to
submit to security screening in order to
inspect and photocopy comments.
All comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
enclose any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
Board: You may submit comments,
which should refer to ‘‘FFIEC 101,’’ by
any of the following methods:
• Agency Web site: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at:
http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: regs.comments@federal
reserve.gov. Include reporting form
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
www.federalreserve.gov/generalinfo/
foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or

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ADDRESSES:

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contact information. Public comments
may also be viewed electronically or in
paper in Room MP–500 of the Board’s
Martin Building (20th and C Streets,
NW.) between 9:00 a.m. and 5:00 p.m.
on weekdays.
FDIC: You may submit comments,
which should refer to ‘‘FFIEC 101,’’ by
any of the following methods:
• Agency Web site: https://www.fdic.
gov/regulations/laws/federal/. Follow
the instructions for submitting
comments on the FDIC Web site.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: comments@FDIC.gov.
Include ‘‘FFIEC 101’’ in the subject line
of the message.
• Mail: Gary A. Kuiper, Counsel,
Room MB–3016, or Manuel E. Cabeza,
Counsel, Room MB–3105, Attn:
Comments, Federal Deposit Insurance
Corporation, 550 17th Street NW.,
Washington, DC 20429.
• Hand Delivery: Comments may be
hand delivered to the guard station at
the rear of the 550 17th Street Building
(located on F Street) on business days
between 7:00 a.m. and 5:00 p.m.
Public Inspection: All comments
received will be posted without change
to https://www.fdic.gov/regulations/
laws/federal/ including any personal
information provided. Comments may
be inspected at the FDIC Public
Information Center, Room E–1002, 3501
Fairfax Drive, Arlington, VA 22226,
between 9:00 a.m. and 5:00 p.m. on
business days.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW.,
Washington, DC 20503; by fax to (202)
395–6974; or by email to oira_
submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: For
further information about the proposed
revisions to regulatory reporting
requirements discussed in this notice,
please contact any of the agency
clearance officers whose names appear
below. In addition, copies of the
proposed revised FFIEC 101 form and
instructions can be obtained at the
FFIEC’s Web site (http://www.ffiec.gov/
ffiec_report_forms.htm).
OCC: Shaquita Merritt, OCC Clearance
Officer, (202) 649–5490, or for persons
who are deaf or hard of hearing, TTY,
(202) 649–5597, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219.

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Board: Nuha Elmaghrabi, Federal
Reserve Board Clearance Officer, (202)
452–3829, Office of the Chief Data
Officer, Board of Governors of the
Federal Reserve System, Washington,
DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact
(202) 263–4869, Board of Governors of
the Federal Reserve System,
Washington, DC 20551.
FDIC: Gary A. Kuiper, Counsel, (202)
898–3877, or Manuel E. Cabeza,
Counsel, (202) 898–3767, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
SUPPLEMENTARY INFORMATION: The
agencies are proposing to extend for
three years, with revision, the FFIEC
101, which is currently an approved
collection of information for each
agency.
Report Title: Risk-Based Capital
Reporting for Institutions Subject to the
Advanced Capital Adequacy
Framework.
Form Number: FFIEC 101.
Frequency of Response: Quarterly.
Affected Public: Business or other forprofit.
OCC
OMB Number: 1557–0239.
Estimated Number of Respondents: 20
national banks and federal savings
associations.
Estimated Time per Response: 674
burden hours per quarter to file.
Estimated Total Annual Burden:
53,920 burden hours to file.
Board
OMB Number: 7100–0319.
Estimated Number of Respondents: 6
state member banks; 16 bank holding
companies and savings and loan
holding companies; and 6 intermediate
holding companies.
Estimated Time per Response: 674
burden hours per quarter for state
member banks to file, 677 burden hours
per quarter for bank holding companies
and savings and loan holding
companies to file; 3 burden hours per
quarter for intermediate holding
companies to file; and 300 burden hours
for intermediate holding companies’
one-time implementation.
Estimated Total Annual Burden:
16,176 burden hours for state member
banks to file; 43,328 burden hours for
bank holding companies and savings
and loan holding companies to file; 72
burden hours for intermediate holding
companies to file; 1,800 burden hours
for intermediate holding companies’
one-time implementation.
FDIC
OMB Number: 3064–0159.

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Estimated Number of Respondents: 2
insured state nonmember banks and
state savings associations.
Estimated Time per Response: 674
burden hours per quarter to file.
Estimated Total Annual Burden:
5,392 burden hours to file.
General Description of Reports
Each advanced approaches banking
organization is required to file quarterly
regulatory capital data on the FFIEC’s
Regulatory Capital Reporting for
Institutions Subject to the Advanced
Capital Adequacy Framework (FFIEC
101). The FFIEC 101 information
collection is mandatory for institutions
subject to the advanced approaches riskbased capital rule (advanced approaches
banking organizations): 12 U.S.C. 161
(national banks), 12 U.S.C. 324 (state
member banks), 12 U.S.C. 1844(c) (bank
holding companies), 12 U.S.C. 1467a(b)
(savings and loan holding companies),
12 U.S.C. 1817 (insured state
nonmember commercial and savings
banks), 12 U.S.C. 1464 (savings
associations), and 12 U.S.C. 1844(c),
3106, and 3108 (intermediate holding
companies).
The agencies use these data to assess
and monitor the levels and components
of each reporting entity’s capital
requirements and the adequacy of the
entity’s capital under the Advanced
Capital Adequacy Framework; to
evaluate the impact and competitive
implications of the Advanced Capital
Adequacy Framework on individual
reporting entities and on an industrywide basis; and to supplement on-site
examination processes. The reporting
schedules also assist advanced
approaches banking organizations in
understanding expectations around the
system development necessary for
implementation and validation of the
Advanced Capital Adequacy
Framework. Submitted data that are
released publicly will also provide other
interested parties with information
about advanced approaches banking
organizations’ regulatory capital.
Current Actions
I. Overview of the Proposed SLR
Changes

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A. Summary of Proposed SLR Changes
The agencies are inviting comment on
two proposed new tables that would be
added to FFIEC 101 Schedule A to
collect information related to the
agencies’ SLR disclosures required in
Table 13 of section 173 of the advanced
approaches rule. Proposed Tables 1 and
2, which will replace existing items 91

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through 98 of FFIEC 101 Schedule A,1
would be aligned with the international
leverage ratio common disclosure
template that was adopted by the Basel
Committee on Banking Supervision in
January 2014 (international leverage
ratio common disclosure template),2
with some minor changes to the titles of
the line items and clarifications in the
instructions, consistent with the
revisions to the SLR in the regulatory
capital rule (SLR rule) 3 and the
accounting terminology of U.S.
generally accepted accounting
principles. The proposal would
incorporate the complete international
leverage ratio common disclosure
template into Schedule A in order to
ensure transparency and comparability
of reporting of regulatory capital
elements among internationally active
banking organizations. However, one
item on the international leverage ratio
common disclosure template is
inapplicable to U.S. firms and has been
excluded from proposed Schedule A by
being shaded out. Specifically,
‘‘Adjustment for fiduciary assets
recognized on the balance sheet
pursuant to the operative accounting
framework but excluded from the
leverage ratio exposure measure’’ is on
the international leverage ratio common
disclosure template but is not included
in proposed Schedule A. The proposed
revised Schedule A also would include
an additional item applicable to certain
advanced approaches bank holding
companies only, which would collect
data on an advanced approaches bank
holding company’s enhanced SLR
buffer, if applicable.
B. Scope, Timing, and Frequency of
Proposed Reporting Changes
The proposed revisions to the FFIEC
101 would apply only to an advanced
approaches banking organization as
described in section 173(a)(2) of the
advanced approaches rule.4 Generally,
the SLR disclosures apply to an
1 Although items 91 through 98 are included on
the FFIEC 101 report form, these items are currently
shaded out and not collected.
2 See Basel Committee on Banking Supervision,
Basel III leverage ratio framework and disclosure
requirements; pages 11–12; available at http://www.
bis.org/publ/bcbs270.pdf.
3 See 12 CFR 3.10(c)(4) (OCC) for national banks
and Federal savings associations; 12 CFR
217.10(c)(4) (Board) for BHCs, SLHCs, and state
member banks; 12 CFR 324.10(c)(4) (FDIC, for state
nonmember banks and state savings associations),
all as amended by 79 FR 57725 (Sept. 26, 2014).
4 A top-tier advanced approaches banking
organization would be required to complete Tables
1 and 2 of FFIEC 101 Schedule A, regardless of
parallel run status. Any advanced approaches
banking organization that is a consolidated
subsidiary of a top-tier advanced approaches BHC,
SLHC, or insured depository institution would not
complete Tables 1 and 2.

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advanced approaches institution, unless
it is (1) a consolidated subsidiary of a
BHC, SLHC, or depository institution
that is subject to these disclosure
requirements; or (2) a subsidiary of a
non-U.S. banking organization that is
subject to comparable public disclosure
requirements in its home jurisdiction.
Completing the proposed FFIEC 101
items for the SLR would satisfy an
advanced approaches banking
organization’s requirement to disclose
Table 13.
Separately, each advanced approaches
banking organization, regardless of its
parallel run status, is required to
disclose its SLR, and the numerator and
denominator of its SLR, under section
172(d) of the advanced approaches
rule.5 This is a separate disclosure
requirement, which the agencies have
proposed to implement for banks and
savings associations that are advanced
approaches banking organizations
through a revision to Schedule RC–R,
Part I, Regulatory Capital Components
and Ratios, of the Consolidated Reports
of Condition and Income (Call Report)
(FFIEC 031 and 041) 6 reporting forms
using the standard PRA notice and
comment process.7
An IHC formed or designated for
purposes of compliance with the
Board’s Regulation YY (12 CFR 252.153)
is required to meet all applicable capital
adequacy standards set forth in the
Board’s Regulation Q, except for subpart
E.8 An IHC that meets the definition of
an advanced approaches banking
organization under the Board’s
Regulation Q (12 CFR 217.100)
(advanced approaches IHC) would begin
reporting the proposed SLR data items
in the FFIEC 101 effective with the
March 31, 2018, reporting date, and
would begin calculating these proposed
items starting January 1, 2018. This
reporting requirement is consistent with
Regulation YY, which subjects
advanced approaches IHCs to the SLR
beginning on January 1, 2018.9 Such an
IHC would not be required to complete
the rest of the FFIEC 101 because
Regulation YY requires an IHC to
calculate its risk-based capital
requirements using only the
standardized approach, and not the
advanced approaches rule, even if it
meets the advanced approaches
applicability threshold.10 Further, any
5 See 12 CFR 3.172(d) (OCC); 12 CFR 217.172(d)
(Board); and 12 CFR 324.172(d) (FDIC).
6 OMB Numbers: OCC, 1557–0081; Board, 7100–
0036; and FDIC, 3064–0052.
7 See 80 FR 56539 (September 18, 2015).
8 See 12 CFR 252.153(e)(2)(i)(A).
9 See Id.
10 An IHC that chooses to comply with subpart E
of 12 CFR part 217 would be required to report the

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Federal Register / Vol. 81, No. 74 / Monday, April 18, 2016 / Notices
subsidiary BHC that is controlled by an
FBO that was subject to the SLR
disclosures prior to the formation of an
IHC would complete FFIEC 101
Schedule A, Tables 1 and 2, through the
December 31, 2017, reporting date.
Depository institutions that are
exempt from filing the FFIEC 101, but
remain subject to the SLR, would not
need to begin filing the FFIEC 101.
Instead, these institutions would report
their SLR, and the numerator and
denominator of their SLR, under the
proposed Call Report revisions
discussed above.
The agencies propose to collect the
SLR information in Tables 1 and 2 of
FFIEC 101 Schedule A quarterly. Each
reporting entity would continue to
submit the applicable quarterly reports
on the same due dates as are currently
in effect for the reporting entity for as
long as it remains subject to the
requirements of section 173(a)(2) of the
advanced approaches rule.
C. Confidentiality
To ensure transparency of regulatory
capital data reported by internationally
active banking organizations, the
agencies propose to make public the
SLR information collected in proposed
SLR Tables 1 and 2 of FFIEC 101
Schedule A, regardless of an advanced
approaches banking organization’s
parallel run status.
D. Initial Reporting
For the September 30, 2016, and
March 31, 2018, initial report dates, as
applicable, banking organizations may
provide reasonable estimates for any
new or revised items in SLR Tables 1
and 2 of FFIEC 101 Schedule A initially
required to be reported as of that date
for which the requested information is
not readily available. The specific
wording of the captions for the new or
revised SLR items discussed in this
proposal and the numbering of these
data items should be regarded as
preliminary.
II. Detail of the Proposed FFIEC 101
SLR Data Changes
Schedule A: Advanced Approaches
Regulatory Capital

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As described in section I.A of this
proposal, the proposed SLR items in
entirety of the FFIEC 101. See 12 CFR
252.153(e)(2)(i)(B). In contrast, a bank holding
company that is a subsidiary of a foreign banking
organization that is subject to subpart E of 12 CFR
part 217, but that has received prior written
approval from the Board to not comply with subpart
E of 12 CFR part 217, would not be required to
report the entire FFIEC 101, but generally would be
expected to complete Schedule A. See 12 CFR
252.153(e)(2)(i)(C).

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FFIEC 101 Schedule A, Tables 1 and 2,
are aligned with the international
leverage ratio common disclosure
template to ensure consistency and
comparability of reporting of regulatory
capital elements by internationally
active banking organizations. While the
SLR calculated under the SLR rule and
this reporting proposal would be the
same, the proposed SLR items in Tables
1 and 2 may require different
calculation steps than those described
in the SLR rule because Tables 1 and 2
have been designed to be consistent
with the calculation steps in the
international template.
The proposed items are divided into
two tables: (1) Summary comparison of
accounting assets and total leverage
exposure (Table 1) and (2)
Supplementary leverage ratio (Table 2).
A brief description of each of these
tables and the proposed items is
provided below.
A. Table 1, Items 1.1–1.8: Summary
Comparison of Accounting Assets and
Total Leverage Exposure
Proposed Table 1, items 1.1 through
1.8, would collect summary information
on accounting assets for purposes of
reconciling balance sheet assets
reported in published financial
statements and total leverage exposure.
The proposed items align with those
included in Table 1 of the international
leverage ratio common disclosure
template. Item 1.1 would collect total
consolidated assets as of quarter end as
reported in published financial
statements. Item 1.2 would collect the
adjustment for investments in banking,
financial, insurance, and commercial
entities that are consolidated for
accounting purposes but are outside the
scope of regulatory consolidation. Item
1.3, adjustment for fiduciary assets
recognized on-balance sheet but
excluded from total leverage exposure,
would be shaded out and not collected,
as it is not applicable to U.S. banking
organizations. Item 1.4 would collect
the accounting and regulatory
adjustments required to reconcile what
an institution reports on its published
financial statements with the amount an
institution includes for exposures to
derivatives transactions in total leverage
exposure (calculated on a quarter end
basis), in addition to any off-balance
sheet and related regulatory adjustments
(calculated using the mean of the
amount calculated as of the last day of
each of the three months of the
reporting quarter). Similarly, item 1.5
would collect the accounting and
regulatory adjustments required to
reconcile what an institution reports on
its published financial statements with

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the amount an institution includes for
exposures to repo-style transactions in
its total leverage exposure (calculated
on a quarter end basis), in addition to
any off-balance sheet and related
regulatory adjustments (calculated using
the mean of the amount calculated as of
the last day of each of the three months
of the reporting quarter). Item 1.6 would
collect the adjustment for off-balance
sheet exposures. Item 1.7 would include
two subcomponents where item 1.7a
would collect adjustments for
deductions from tier 1 capital and item
1.7b would collect adjustments due to
the difference in the frequency of
certain calculations required for
accounting purposes compared to the
measurement required for purposes of
total leverage exposure. Specifically,
1.7b would adjust an institution’s
calculations in Table 1, items 1.1, 1.4
and 1.5 that are reported on a quarter
end basis to a daily average as required
in the calculation of an institution’s
total leverage exposure as reported in
Table 2, item 2.21. Item 1.8 would
collect total leverage exposure by
summing items 1.1 through 1.6 and
subtracting items 1.7a and 1.7b. This
item should equal Table 2, item 2.21.
The agencies request comment on
whether Table 1 should include an
additional reporting item for any other
adjustments necessary to reconcile an
institution’s balance sheet assets
reported in published financial
statement with total leverage exposure
as reported in Table 2, item 2.21.
Commenters should also provide a
description of the additional
adjustments.
B. Table 2, Items 2.1–2.23:
Supplementary Leverage Ratio
Proposed Table 2, items 2.1 through
2.23, would collect detailed information
for the calculation of total leverage
exposure and the SLR, consistent with
the international leverage ratio common
disclosure template.
Items 2.1 through 2.3 would collect
information about an institution’s onbalance sheet exposures. Item 2.1 would
collect the balance sheet carrying value
of all on-balance sheet assets, net of the
allowance for loan and lease losses as
defined in the regulatory capital rule
(excluding on-balance sheet assets for
derivative transactions and repo-style
transactions, but including on-balance
sheet collateral received in derivative
transactions). Item 2.2 would collect
deductions from common equity tier 1
capital and additional tier 1 capital,
calculated as the sum of existing items
28 and 43 on Schedule A of the FFIEC
101, net of Schedule A, items 11, 14,
and certain amounts reported in item

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27. Item 2.3 would collect total onbalance sheet exposures, calculated as
the difference between items 2.1 and
2.2.
Items 2.4 through 2.11 would collect
information about an institution’s
derivative exposures. Item 2.4 would
collect the replacement cost for cleared
and non-cleared derivative transactions.
Item 2.5 would collect the add-on
amounts for potential future exposure
(PFE) for all derivative transactions
included in item 2.4 (regardless of
whether the transaction or the
transaction’s netting set has a positive or
negative fair value). Item 2.6 would
collect the gross-up amount for
collateral posted in derivative
transactions if the collateral is deducted
from on-balance sheet assets. Item 2.7
would collect the deduction of
receivable assets for qualifying cash
variation margin posted in derivative
transactions. Item 2.8 would collect
exempted exposures to central
counterparties in cleared transactions.
Item 2.9 would collect the adjusted
effective notional principal amount of
sold credit protection. Item 2.10 would
collect the adjusted effective notional
principal amount offsets and PFE
deductions for sold credit protection.
Item 2.11 would collect total derivative
exposures, calculated as the sum of
items 2.4, 2.5, 2.6, and 2.9, minus items
2.7, 2.8, and 2.10.
Items 2.12 through 2.16 would collect
information about an institution’s repostyle transactions. Item 2.12 would
collect gross assets for repo-style
transactions, with no recognition of
netting. Item 2.13 would collect the
reduction of the gross value of
receivables in reverse repurchase
transactions by cash payables in
repurchase transactions with the same
counterparty. Item 2.14 would collect
the counterparty credit risk for all repostyle transactions. Item 2.15 would
collect the exposure amount for repostyle transactions where an institution
acts as an agent. Item 2.16 would collect
total exposures for repo-style
transactions, calculated as the sum of
items 2.12, 2.14, and 2.15, minus item
2.13.
Items 2.17 through 2.19 would collect
information about an institution’s offbalance sheet exposures. Item 2.17
would collect off-balance sheet
exposures at gross notional amounts.
Item 2.18 would collect adjustments for
conversion to credit equivalent
amounts. Item 2.19 would collect total
off-balance sheet exposures, calculated
as the difference between items 2.17 and
2.18.
Items 2.20 through 2.22 would collect
information about an institution’s

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capital, total leverage exposure, and the
SLR. Item 2.20 would collect tier 1
capital as reported in existing item 45
on Schedule A of the FFIEC 101. Item
2.21 would collect total leverage
exposure, calculated as the sum of items
2.3, 2.11, 2.16, and 2.19. Item 2.22
would collect the SLR, calculated by
dividing item 2.20 by item 2.21.11
Item 2.23, the enhanced SLR buffer, is
an additional line item that is not
included on the international leverage
ratio common disclosure template. This
item would apply only to advanced
approaches BHCs that are subject to the
enhanced SLR standard and it would
help determine whether the bank
holding company is subject to
limitations on capital distributions and
discretionary bonus payments.12
III. Reporting the Legal Entity Identifier
The Legal Entity Identifier (LEI) is a
20-digit alpha-numeric code that
uniquely identifies entities that engage
in financial transactions. The recent
financial crisis spurred the development
of a Global LEI System (GLEIS).
Internationally, regulators and market
participants have recognized the
importance of the LEI as a key
improvement in financial data systems.
The Group of Twenty (G–20) nations
directed the Financial Stability Board
(FSB) to lead the coordination of
international regulatory work and
deliver concrete recommendations on
the GLEIS by mid-2012, which in turn
were endorsed by the G–20 later that
same year. In January 2013, the LEI
Regulatory Oversight Committee (ROC),
including participation by regulators
from around the world, was established
to oversee the GLEIS on an interim
basis. With the establishment of the full
Global LEI Foundation in 2014, the ROC
continues to review and develop broad
policy standards for LEIs. The OCC, the
Board, and the FDIC are all members of
the ROC.
The LEI system is designed to
facilitate several financial stability
objectives, including the provision of
higher quality and more accurate
financial data. In the United States, the
Financial Stability Oversight Council
(FSOC) has recommended that
regulators and market participants
continue to work together to improve
the quality and comprehensiveness of
11 The SLR is also reported in the Call Report,
Schedule RC–R, and the FR Y–9C, Schedule HC–
R. The agencies are planning to revise the
instructions for the items in these reports in which
the SLR is reported to cross-reference the SLR
reported in proposed item 2.22 in Table 2 of the
FFIEC 101 for those institutions that will report the
proposed SLR item in the FFIEC 101.
12 79 FR 24528 (May 1, 2014); 80 FR 49082
(August 14, 2015).

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financial data both nationally and
globally. In this regard, the FSOC also
has recommended that its member
agencies promote the use of the LEI in
reporting requirements and
rulemakings, where appropriate.13
Effective beginning October 31, 2014,
the Board started requiring holding
companies to provide their LEI on the
cover pages of the FR Y–6, FR Y–7, and
FR Y–10 reports 14 only if a holding
company already has an LEI. Thus, if a
reporting holding company does not
have an LEI, it is not required to obtain
one for purposes of these Board reports.
Additionally, effective December 31,
2015, the Board expanded the collection
of the LEI to all holding company
subsidiary banking and nonbanking
legal entities reportable on certain
schedules of the FR Y–10 and in one
section of the FR Y–6 and FR Y–7 if an
LEI has already been issued for the
reportable entity.15 With respect to the
FFIEC 101, the agencies are proposing to
have advanced approaches banking
organizations provide their LEI on the
cover page of the report beginning
March 31, 2016, only if an organization
already has an LEI. As with the Board
reports, an advanced approaches
banking organization that does not have
an LEI would not be required to obtain
one for purposes of reporting it on the
FFIEC 101.
IV. Request for Comment
Public comment is requested on all
aspects of this joint notice. Comments
are invited on
(a) Whether the collections of
information that are the subject of this
notice are necessary for the proper
performance of the agencies’ functions,
including whether the information has
practical utility;
(b) The accuracy of the agencies’
estimates of the burden of the
information collections as they are
proposed to be revised, 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 collections on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
13 Financial Stability Oversight Council 2015
Annual Report, page 14, http://www.treasury.gov/
initiatives/fsoc/studies-reports/Documents/2015
%20FSOC%20Annual%20Report.pdf.
14 FR Y–6, Annual Report of Holding Companies;
FR Y–7, Annual Report of Foreign Banking
Organizations; and FR Y–10, Report of Changes in
Organizational Structure (OMB No. 7100–0297).
15 80 FR 38202 (July 2, 2015).

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(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Comments submitted in response to
this joint notice will be shared among
the agencies and will be summarized or
included in the agencies’ requests for
OMB approval. All comments will
become a matter of public record.
Dated: April 7, 2016.
Stuart Feldstein,
Director, Legislative and Regulatory Activities
Division, Office of the Comptroller of the
Currency.
Board of Governors of the Federal Reserve
System, April 13, 2016.
Robert deV. Frierson,
Secretary of the Board.
Dated at Washington, DC, this 6th day of
April, 2016.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016–08892 Filed 4–15–16; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–01–P; 6714–01–P

DEPARTMENT OF VETERANS
AFFAIRS

Dated: April 13, 2016.
By Direction of the Secretary.
Jeffrey M. Martin,
Program Manager, Regulation Policy and
Management, Office of the General Counsel.
[FR Doc. 2016–08868 Filed 4–15–16; 8:45 am]

The Department of Veterans Affairs
(VA) gives notice under the Federal
Advisory Committee Act, 5 U.S.C. App.
2, that the Special Medical Advisory
Group will meet on May 25, 2016, room
230 at the Department of Veterans
Affairs Central Office, 810 Vermont Ave.
NW., Washington, DC 20420 from 8:00
a.m. to 3:30 p.m. ET. The meeting is
open to the public.
The purpose of the Group is to advise
the Secretary of Veterans Affairs and the
Under Secretary for Health on the care
and treatment of Veterans, and other
matters pertinent to the Department’s
Veterans Health Administration (VHA).
The agenda for the meeting will
include review the potential policy
requiring physicians provide a 90 day

DEPARTMENT OF VETERANS
AFFAIRS
Veterans Rural Health Advisory
Committee Meeting
The Department of Veterans Affairs
(VA) gives notice under the Federal
Advisory Committee Act, 5 U.S.C. App.
2, that the Veterans Rural Health
Advisory Committee will meet on May
3–4, 2016, at 2815 N. Assembly Street,
Building 40, Room 225, Spokane,
Washington, from 8:30 a.m. to 5:00 p.m.
on both days. The meeting is open to the
public.
The purpose of the Committee is to
advise the Secretary of Veterans Affairs
on health care issues affecting enrolled
Veterans residing in rural areas. The

Subcommittee

Date

Research Career Scientists & Promotions .................................
Nephrology ..................................................................................
Infectious Diseases-B .................................................................
Hematology .................................................................................
Oncology-A/D ..............................................................................
Endocrinology-B ..........................................................................
Cellular & Molecular Medicine ....................................................
Oncology-B .................................................................................
Neurobiology-C ...........................................................................
Surgery ........................................................................................
Cardiovascular Studies-A ...........................................................
Infectious Diseases-A .................................................................
Oncology-C .................................................................................
Immunology-A .............................................................................

May 9, 2016 ............................
May 19, 2016 ..........................
May 19, 2016 ..........................
May 20, 2016 ..........................
May 20, 2016 ..........................
May 23, 2016 ..........................
May 23, 2016 ..........................
May 23, 2016 ..........................
May 24, 2016 ..........................
May 25, 2016 ..........................
May 26, 2016 ..........................
May 26, 2016 ..........................
May 26, 2016 ..........................
June 1, 2016 ...........................

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Committee examines programs and
policies that impact the provision of VA
health care to enrolled Veterans residing
in rural areas, and discusses ways to
improve and enhance VA services for
these Veterans.
The agenda will include updates from
the Committee Chairman and the
Director of the Veterans Health
Administration Office of Rural Health,
as well as presentations on general
health care access and quality topics.
Public comments will be received at
4:30 p.m. on May 4, 2016. Interested
parties should contact Mr. Elmer D.
Clark, by mail at 810 Vermont Avenue,
Mail Code 10P1R, Washington, DC
20420, or via email at VRHAC@va.gov,
or by fax at (202) 632–8609. Individuals
scheduled to speak are invited to submit
a 1–2 page summary of their comments
for inclusion in the official meeting
record.
Dated: April 13, 2016.
By Direction of the Secretary
Jeffrey M. Martin,
Program Manager, Regulation Policy and
Management, Office of the General Counsel.
[FR Doc. 2016–08854 Filed 4–15–16; 8:45 am]
BILLING CODE 8320–01–P

BILLING CODE 8320–01–P

Special Medical Advisory Group,
Notice of Meeting

mstockstill on DSK4VPTVN1PROD with NOTICES

notification when they leave the VA,
Pay for Performance and review best
practice dissemination project.
Thirty (30) minutes will be allocated
for receiving oral presentations from the
public. Members of the public may
submit written statements for review by
the Committee to Brigid McCarthy,
Department of Veterans Affairs, Office
of Specialty Care Services (10P4E),
Veterans Health Administration, 810
Vermont Avenue NW., Washington, DC
20420, or by email at brigid.mccarthy@
va.gov.
Because the meeting is being held in
a VA Central Office, a photo I.D. is
required at the entrance as a part of the
clearance process. Therefore, you
should plan to arrive 15 minutes before
the meeting begins to allow time for the
clearance process. Any member of the
public wishing to attend the meeting or
seeking additional information should
contact Ms. McCarthy at (202) 461–5129
or by email.

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DEPARTMENT OF VETERANS
AFFAIRS
Joint Biomedical Laboratory Research
and Development and Clinical Science
Research and Development Services
Scientific Merit Review Board; Notice
of Meetings
The Department of Veterans Affairs
(VA) gives notice under the Federal
Advisory Committee Act, 5 U.S.C. App.
2, that the subcommittees of the Joint
Biomedical Laboratory Research and
Development and Clinical Science
Research and Development Services
Scientific Merit Review Board will meet
from 8 a.m. to 5 p.m. on the dates
indicated below (unless otherwise
listed):
Location
American College of Surgeons.
Hilton Crystal City—Reagan National Airport.
Hilton Crystal City—Reagan National Airport.
American College of Surgeons.
Hilton Crystal City—Reagan National Airport.
Hilton Garden Inn—DC/US Capitol.
Hilton Garden Inn—DC/US Capitol.
Hilton Garden Inn—DC/US Capitol.
Hilton Garden Inn—DC/US Capitol.
Hilton Garden Inn—DC/US Capitol.
Hilton Garden Inn—DC/US Capitol.
Hilton Garden Inn—DC/US Capitol.
Hilton Garden Inn—DC/US Capitol.
American College of Surgeons.

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