87 FR 109 pgs. 34758-34759 - Agency Information Collection Activities; Proposed Collection; Comment Request; Ongoing Data Collection of Centrally Cleared Transactions in the U.S. Repurchase Agreement Market
Type: NOTICEVolume: 87Number: 109Pages: 34758 - 34759
Pages: 34758, 34759FR document: [FR Doc. 2022-12260 Filed 6-6-22; 8:45 am]
Agency: Treasury Department
Official PDF Version: PDF Version
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Proposed Collection; Comment Request; Ongoing Data Collection of Centrally Cleared Transactions in the U.S. Repurchase Agreement Market
AGENCY:
Departmental Offices, Department of the Treasury.
ACTION:
Notice.
SUMMARY:
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on the proposed information collections listed below, in accordance with the Paperwork Reduction Act of 1995.
DATES:
Written comments must be received on or before August 8, 2022.
ADDRESSES:
Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW, Suite 8100, Washington, DC 20220, or email at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be obtained from John R. Zitko by emailing john.zitko@ofr.treasury.gov, calling (202) 550-4381, or viewing the entire information collection request at www.reginfo.gov.
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SUPPLEMENTARY INFORMATION:
Title: Ongoing Data Collection of Centrally Cleared Transactions in the U.S. Repurchase Agreement Market.
OMB Control Number: 1505-0259.
Type of Review: Extension without change of a currently approved collection.
Description: Regulations issued in 2019 established a data collection covering centrally cleared transactions in the U.S. repurchase agreement ("repo") market. This collection requires daily reporting to the Office of Financial Research ("Office") by covered central counterparties ("CCPs"). The collected data will be used to support the work of the Financial Stability Oversight Council (the "Council"), its member agencies, and the Office to identify and monitor risks to financial stability, and to support the calculation of certain reference rates.
Form: OFR SFT 1-1, 1-2 & 1-3.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 1.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 756.
Estimated Time per Response: 2 hours 40 minutes.
Estimated Total Annual Burden Hours: 2,016.
Request for Comments: Comments submitted in response to this notice will be summarized and included in the request for Office of Management and Budget approval. All comments will become a matter of public record. Comments are invited on: (a) whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency's estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services required to provide information.
Authority: 44 U.S.C. 3501 et seq.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2022-12260 Filed 6-6-22; 8:45 am]
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