60-Day Federal Register Notice

FR1-0208 Qualified Financial Contracts 89 FR 15872 Mar 5, 2024.pdf

Restrictions on Qualified Financial Contracts of Subsidiaries of certain FDIC-Supervised Institutions; Revisions to the Definition of Qualifying Master Netting Agreement and Related Definitions

60-Day Federal Register Notice

OMB: 3064-0208

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15872

Federal Register / Vol. 89, No. 44 / Tuesday, March 5, 2024 / Notices

• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street Building
(located on F Street), on business days
between 7 a.m. and 5 p.m.
All comments should refer to ‘‘Visitor
Notification Form’’. A copy of the
comments may also be submitted to the
OMB desk officer for the FDIC: Office of
Information and Regulatory Affairs,

Office of Management and Budget, New
Executive Office Building, Washington,
DC 20503.
FOR FURTHER INFORMATION CONTACT:

Manny Cabeza, Regulatory Counsel,
(202) 898–3767, mcabeza@fdic.gov,
MB–3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.

The FDIC
is requesting OMB approval for the
following collection of information:
Title: Visitor Notification Form.
OMB Number: 3064–NEW.
Frequency of Response: On Occasion.
Affected Public: Individuals intending
to enter FDIC facilities.
Estimated Annual Burden:

SUPPLEMENTARY INFORMATION:

TABLE 1—SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–NEW]
Number of
respondents

Number of
responses per
respondent

Time per
response
(HH:MM)

Annual
burden
(hours)

Information collection (IC)
(obligation to respond)

Type of burden
(frequency of response)

1. Visitor Notification form (Mandatory) .........

Recordkeeping (Annual) ...........

598

1.087

00:15

163

Total Annual Burden (Hours) ..................

...................................................

........................

........................

........................

163

Source: FDIC.
Note: The estimated annual IC time burden is the product, rounded to the nearest hour, of the estimated annual number of responses and the
estimated time per response for a given IC. The estimated annual number of responses is the product, rounded to the nearest whole number, of
the estimated annual number of respondents and the estimated annual number of responses per respondent. This methodology ensures the estimated annual burdens in the table are consistent with the values recorded in OMB’s consolidated information system.

General Description of Collection: The
FDIC proposes to use the Visitor
Notification form to collect
biographical, passport (for foreign
nationals), and employment information
from certain 1 visitors to the FDIC in
order to assess the risk to FDIC facilities
and personnel. The FDIC will require
certain visitors to FDIC facilities,
including support staff and interpreters,
to complete and submit the form.
Interested members of the public may
obtain a copy of the proposed Visitor
Notification form at the following web
page: https://www.fdic.gov/resources/
regulations/federal-registerpublications/2024/visitor-notificationform.pdf.

[FR Doc. 2024–04625 Filed 3–4–24; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0213; –0208]

Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request
Federal Deposit Insurance
Corporation (FDIC).

AGENCY:

Request for Comment

lotter on DSK11XQN23PROD with NOTICES1

Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 29,
2024.
James P. Sheesley,
Assistant Executive Secretary.

Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collections,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collection of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.

ACTION:

Notice and request for comment.

The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collections described below
(OMB Control No. 3064–0213 and
–0208).

SUMMARY:

Comments must be submitted on
or before May 6, 2024.

DATES:

Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:

ADDRESSES:

• Agency Website: https://
www.fdic.gov/resources/regulations/
federal-register-publications/.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
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 17th Street NW building
(located on F Street NW), on business
days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following
currently approved collection of
information:
1. Title: Restrictions on Qualified
Financial Contracts of Subsidiaries of
certain FDIC Supervised Institutions;
Revisions to the Definition of Qualifying

1 Excluding U.S. Government, state, local, tribal
or territorial employees and those who hold a
national security clearance.

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15873

Federal Register / Vol. 89, No. 44 / Tuesday, March 5, 2024 / Notices
Master Netting Agreement and Related
Definitions.

OMB Number: 3064–0208.
Forms: None.

Affected Public: Private Sector.
Burden Estimate:

SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–0208]
Information collection
(obligation to respond)

Type of burden
(frequency of response)

Restrictions on Qualified Financial Contracts of Subsidiaries of Certain FDIC-Supervised Institutions and Applicable Subsidiaries; Revisions to the Definition of
Qualifying Master Netting Agreement and Related
Definitions, 12 CFR 382 (Voluntary).

Reporting (On Occasion) ...

Total Annual Burden (Hours) ...................................

............................................

General Description of Collection: Part
382 of the FDIC regulations (part 382) is
necessary to give effect to such crossdefault restrictions in the International
Swaps and Derivatives Association, Inc.
(ISDA) 2015 Universal Resolution Stay
Protocol (ISDA Protocol). Part 382
requires that FDIC-supervised
institutions that are subsidiaries of
global systemically important banks
(GSIBs) and their counterparties either
adhere to the ISDA Protocol or take the
prescribed steps to amend the
contractual provisions of their Qualified
Financial Contracts (QFCs), consistent
with the requirements in the rule,
within a specified period of time. If
such institutions elect to amend their

Number of
responses per
respondent

Time per
response
(HH:MM)

1

1

10:00

10

........................

........................

................

10

Number of
respondents

QFCs in lieu of adhering to the ISDA
Protocol, they must seek the FDIC’s
approval of the proposed amendments,
giving rise to this information
collection. The information collection is
necessary to ensure QFCs are amended
in compliance with part 382. The rule
applies to FDIC-supervised institutions
that are subsidiaries of GSIBs and sets
forth requirements parallel to those
contained in similar rules recently
published by the Federal Reserve Board
and the Office of the Comptroller of the
Currency with regard to entities they
supervise to ensure consistent
regulatory treatment of QFCs among the
various entities within a GSIB group.
There is no change in the
methodology or substance of this

Annual
burden
(hours)

information collection. The total
estimated annual burden for this
information collection is 10 hours,
which is a decrease of 10 hours from the
2021 information collection submission
(20 hours). This decrease is a result of
a reduction in the estimated annual
number of respondents because of the
automation and standardization of
business processes.
2. Title: Industrial Banks and
Industrial Loan Companies.
OMB Number: 3064–0213.
Forms: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:

SUMMARY OF ESTIMATED ANNUAL BURDEN

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[OMB No. 3064–0213]
Number of
responses per
respondent

Time per
response
(HH:MM)

2

1

04:00

8

Reporting (Annual) .............

2

1

04:00

8

Reporting (Annual) .............

2

1

10:00

20

Recordkeeping (Annual) ....

2

1

10:00

20

Reporting (Annual) .............

1

1

345:00

345

............................................

........................

........................

................

401

Information collection
(obligation to respond)

Type of burden
(frequency of response)

1. Initial Listing of Subsidiaries, 12 CFR 354.4(a)(1)
(Mandatory).
2. Annual Update of Subsidiaries List, 12 CFR
354.4(a)(1) (Mandatory).
3. Annual Report of Covered Company and Subsidiaries and Other Reports as the FDIC may require, 12
CFR 354.4(a)(3) (Mandatory).
4. Recordkeeping requirements in written agreement,
12 CFR 354.4(a)(4) (Mandatory).
5. Contingency Plan, 12 CFR 354.4(b) (Mandatory) ......

Reporting (On Occasion) ...

Total Annual Burden (Hours) ...................................

General Description of Collection: Part
354 of the FDIC regulations (part 354)
establishes filing requirements for
industrial banks or industrial loan
companies (ILCs) and companies that
are not subject to Federal consolidated
supervision by the Federal Reserve
Board but control an industrial bank or
an ILC (covered company). Specifically,
part 354 requires any covered company
and industrial bank or ILC subsidiary of

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Number of
respondents

a covered company to enter into one or
more written agreements with the FDIC.
However, the requirements under part
354 do not apply to any industrial bank
subsidiaries of covered companies that
were subsidiaries of covered companies
prior to the effective date of part 354—
April 1, 2021. The requirements under
part 354 give rise to this information
collection.

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Annual
burden
(hours)

There is no change in the
methodology or substance of this
information collection. The total
estimated annual burden for this
information collection is 401 hours,
which is a decrease of 56 hours from the
2021 information collection submission
(457 hours). This decrease is a result of
a reduction in the estimated annual
number of respondents.

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15874

Federal Register / Vol. 89, No. 44 / Tuesday, March 5, 2024 / Notices

Request for Comment
Comments are invited on: (a) Whether
the collections of information are
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collections,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collections of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 29,
2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024–04580 Filed 3–4–24; 8:45 am]
BILLING CODE 6714–01–P

[Document Identifier: CMS–304 and 304a,
CMS–10383]

Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
Centers for Medicare &
Medicaid Services, Health and Human
Services (HHS).
ACTION: Notice.
AGENCY:

The Centers for Medicare &
Medicaid Services (CMS) is announcing
an opportunity for the public to
comment on CMS’ intention to collect
information from the public. Under the
Paperwork Reduction Act of 1995
(PRA), federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension or reinstatement of an existing
collection of information, and to allow
a second opportunity for public
comment on the notice. Interested
persons are invited to send comments
regarding the burden estimate or any
other aspect of this collection of
information, including the necessity and
utility of the proposed information
collection for the proper performance of
the agency’s functions, the accuracy of
the estimated burden, ways to enhance
the quality, utility, and clarity of the

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William Parham at (410) 786–4669.
Under the
Paperwork Reduction Act of 1995 (PRA)
(44 U.S.C. 3501–3520), federal agencies
must obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
or sponsor. The term ‘‘collection of
information’’ is defined in 44 U.S.C.
3502(3) and 5 CFR 1320.3(c) and
includes agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. Section
3506(c)(2)(A) of the PRA (44 U.S.C.
3506(c)(2)(A)) requires federal agencies
to publish a 30-day notice in the
Federal Register concerning each
proposed collection of information,
including each proposed extension or
reinstatement of an existing collection
of information, before submitting the
collection to OMB for approval. To
comply with this requirement, CMS is
publishing this notice that summarizes
the following proposed collection(s) of
information for public comment:
1. Type of Information Collection
Request: Extension of a currently
approved collection; Title of
Information Collection: Reconciliation
of State Invoice (ROSI) and Prior
Quarter Adjustment Statement (PQAS);
Use: Form CMS–304 (ROSI) is used by
manufacturers to respond to the state’s
rebate invoice for current quarter
utilization. Form CMS–304a (PQAS) is
required only in those instances where

SUPPLEMENTARY INFORMATION:

Centers for Medicare & Medicaid
Services

VerDate Sep<11>2014

Comments on the collection(s) of
information must be received by the
OMB desk officer by April 4, 2024.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
To obtain copies of a supporting
statement and any related forms for the
proposed collection(s) summarized in
this notice, please access the CMS PRA
website by copying and pasting the
following web address into your web
browser: https://www.cms.gov/
Regulations-and-Guidance/Legislation/
PaperworkReductionActof1995/PRAListing.
DATES:

FOR FURTHER INFORMATION CONTACT:

DEPARTMENT OF HEALTH AND
HUMAN SERVICES

SUMMARY:

information to be collected, and the use
of automated collection techniques or
other forms of information technology to
minimize the information collection
burden.

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a change to the original rebate data
submittal is necessary. Form Number:
CMS–304 and –304a (OMB control
number: 0938–0676); Frequency:
Quarterly; Affected Public: Private
sector (Business or other for-profits);
Number of Respondents: 749; Total
Annual Responses: 5,841; Total Annual
Hours: 248,584. (For policy questions
regarding this collection contact Robert
Giles at 667–290–8626.)
2. Type of Information Collection
Request: Reinstatement without change
of a previously approved collection;
Title of Information Collection: Review
and Approval Process for Waivers for
State Innovation; Use: The information
required under this collection is
necessary to ensure that states comply
with statutory and regulatory
requirements related to the development
and implementation of section 1332
waivers. States seeking waiver authority
under section 1332 of the ACA are
required to meet certain requirements
for applications, public notice, and
reporting. The authority for these
requirements is found in section 1332 of
the ACA. This information collection
reflects the requirements provided in
the final rules published in February
2012 (77 FR 11700) and September 2021
(86 FR 3412).
On October 24, 2018, the Departments
published guidance (86 FR 53575) that
provided supplementary information
about the requirements that must be met
for the approval of a section 1332
waiver, the Secretaries’ application
review procedures, the calculation of
pass-through funding, certain analytical
requirements, and operational
considerations. However, the September
2021 final rule superseded and
rescinded policies and interpretations
outlined in the 2018 guidance and
repealed the previous codification of the
interpretations of the statutory
guardrails in part 1 of the 2022 Payment
Notice final rule (86 FR 6138). The
September 2021 final rule (86 FR 53412)
finalized modifications to section 1332
waiver implementing regulations,
including changes to many of the
policies and interpretations of the
statutory guardrails codified in
regulation. In addition, the September
2021 final rule modified regulations to
provide flexibilities in the public notice
requirements and post-award public
participation requirements for section
1332 waivers under certain future
emergent situations. The final rule also
provided new information regarding the
processes and procedures for
amendments and extensions for
approved waiver plans. Form Number:
CMS–10383 (OMB Control Number
0938–1389; Frequency: Occasionally;

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