90 FR 82 pg. 17934 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

Type: NOTICEVolume: 90Number: 82Page: 17934
FR document: [FR Doc. 2025-07407 Filed 4-29-25; 8:45 am]
Agency: Federal Reserve System
Official PDF Version:  PDF Version
Page: 17934

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FEDERAL RESERVE SYSTEM

Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

AGENCY:

Board of Governors of the Federal Reserve System.

SUMMARY:

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Semiannual Report of Derivatives Activity (FR 2436; OMB No. 7100-0286).

FOR FURTHER INFORMATION CONTACT:

Federal Reserve Board Clearance Officer-Nuha Elmaghrabi-Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, nuha.elmaghrabi@frb.gov, (202) 452-3884.

Office of Management and Budget (OMB) Desk Officer for the Federal Reserve Board, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION:

On June 15, 1984, OMB delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. The OMB inventory, as well as copies of the PRA Submission, supporting statements (which contain more detailed information about the information collections and burden estimates than this notice), and approved collection of information instrument(s) are available at https://www.reginfo.gov/public/do/PRAMain. These documents are also available on the Federal Reserve Board's public website at https://www.federalreserve.gov/apps/reportingforms/review or may be requested from the agency clearance officer, whose name appears above. On the page displayed at the link above, you can find the supporting information by referencing the collection identifier, FR 2436.

Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection

Collection title: Semiannual Report of Derivatives Activity.

Collection identifier: FR 2436.

OMB control number: 7100-0286.

General description of collection: The FR 2436 collects derivatives market statistics from the eight largest U.S. dealers of over-the-counter (OTC) derivatives. Data are collected on the notional amounts and gross fair values of the volumes outstanding of broad categories of foreign exchange, interest rate, equity, commodity-linked, and credit default swap OTC derivatives contracts across a range of underlying currencies, interest rates, and equity markets. The FR 2436 is part of the U.S. portion of a global data collection conducted by central banks. The primary objective of the Board's participation in this collection is to obtain reasonably comprehensive and internationally consistent data on the size and structure of global OTC financial derivatives markets.

Frequency: Semiannually.

Respondents: U.S. dealers of OTC derivatives.

Total estimated number of respondents: 8.

Total estimated annual burden hours: 3,898.

Current actions: On December 23, 2024, the Board published a notice in the Federal Register (89 FR 104538) requesting public comment for 60 days on the extension, without revision, of the FR 2436. The comment period for this notice expired on February 21, 2025. The Board did not receive any comments.

Board of Governors of the Federal Reserve System.

Benjamin W. McDonough,

Deputy Secretary and Ombuds of the Board.

[FR Doc. 2025-07407 Filed 4-29-25; 8:45 am]

BILLING CODE 6210-01-P