Search Results for keywords:"Information Collection Renewal"

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Search Results: keywords:"Information Collection Renewal"

  • Type:Notice
    Citation:86 FR 11771
    Reading Time:about 5 minutes

    The Federal Deposit Insurance Corporation (FDIC) is seeking public comments on renewing two information collection requirements as part of its obligations under the Paperwork Reduction Act of 1995. The first collection relates to recordkeeping, disclosure, and reporting requirements in connection with Regulation Z, which involves the Truth in Lending Act. The second concerns account-based disclosures linked to Consumer Financial Protection Bureau Regulations E and DD and Federal Reserve Regulation CC, ensuring proper disclosure about electronic fund transfers and deposit accounts. The public has until April 27, 2021, to submit their comments, which will be considered a matter of public record.

    Simple Explanation

    The FDIC is asking people to share their thoughts on keeping track of how certain money rules are followed. They want to make sure banks tell people the truth about their loans and accounts. People can say what they think until April 27, 2021.

  • Type:Notice
    Citation:86 FR 11590
    Reading Time:about 4 minutes

    The Office of the Comptroller of the Currency (OCC) is inviting comments from the public and other federal agencies on its plan to renew the information collection titled "Fiduciary Activities" as part of the Paperwork Reduction Act requirements. The OCC aims to reduce paperwork and ensure compliance by using a valid OMB control number and has already submitted the renewal request to the Office of Management and Budget (OMB) for review. Interested parties can submit comments by March 29, 2021, with specific instructions provided to guide the submission process. The OCC's initiative is focused on improving the utility and effectiveness of information collection while minimizing the burden on respondents.

    Simple Explanation

    The Office of the Comptroller of the Currency (OCC) is asking people to share their thoughts about renewing a process where banks tell the government how they take care of other people's money, like a treasure keeper. They're doing this to make sure it’s not too much work for the banks and to keep everything clear and organized.