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SUBJECT CATEGORY: Proposed Agency Information Collection Activities; Comment Request--Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities
DOCUMENT SUMMARY: The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995. OTS is soliciting public comments on the proposal.
SUMMARY: Agency information collection activities; proposals, submissions, and approvals,
Title of Proposal: Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities.
OMB Number: 15500111.
Form Number: N/A.
Description: The Statement describes some of the internal controls and risk management procedures that may help financial institutions identify, manage, and address the heightened reputational and legal risks that may arise from elevated risk complex structured finance transactions.
Type of Review: Extension without change of currently approved collection.
Affected Public: Business or other for profit.
Estimated Number of Respondents: 5.
Estimated Frequency of Response: On occasion.
Estimated Burden Hours per Response: 25 hours.
Estimated Total Burden: 125 hours.
Clearance Officer: Ira L. Mills, (202) 9066531, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.
Dated: December 13, 2007.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division. [FR Doc. E724503 Filed 121707; 8:45 am]
BILLING CODE 672001P
FOR FURTHER INFORMATION CONTACT For further information or to obtain a
copy of the submission to OMB, please contact Ira L. Mills at,
ira.mills@ots.treas.gov (202) 9066531, or facsimile number (202) 906
6518, Litigation Division, Chief Counsel's Office, Office of Thrift
Supervision, 1700 G Street, NW., Washington, DC 20552.
14 CFR Part 39 40 CFR Part 52 14 CFR Part 71 33 CFR Part 165 50 CFR Part 679 47 CFR Part 73 26 CFR Part 1 40 CFR Part 180 33 CFR Part 117 50 CFR Part 17 44 CFR Part 67 50 CFR Part 648 14 CFR Part 97 33 CFR Part 100 40 CFR Part 63 50 CFR Part 622 44 CFR Part 65 50 CFR Part 660 26 CFR Part 301 39 CFR Part 111 40 CFR Part 300 6 CFR Part 5 40 CFR Part 271 47 CFR Part 64 40 CFR Parts 52 and 81 50 CFR Part 665 44 CFR Part 64 10 CFR Part 50 49 CFR Part 571 47 CFR Part 76