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The Office of the Comptroller of the Currency (OCC) is requesting comments from the public and other federal agencies on renewing an information collection known as the "Bank Appeals Follow-Up Questionnaire." This is part of a broader effort to reduce paperwork and respondent burden under the Paperwork Reduction Act of 1995 (PRA). The information gathered will assess the effectiveness of the OCC's appeals process for banks and help improve it. Comments on the need, accuracy, and potential improvements of this information collection are invited, and they must be submitted by April 19, 2021.

The Federal Housing Finance Agency (FHFA) has announced a review in 2021 of all Federal Home Loan Bank members who are required to meet community support standards. The public is invited to comment on these members' community support performance by March 31, 2021. To comply, members must submit a Community Support Statement by October 29, 2021. Details on how to submit comments and the list of members under review are available on respective Federal Home Loan Banks' websites.

The Federal Reserve System is reviewing applications from individuals seeking to acquire shares in a savings and loan holding company under the Change in Bank Control Act. Interested parties can view application details at select Federal Reserve Banks and submit comments or concerns by March 3, 2025. Public comments will be fully disclosed and may include personal or business information. The notice specifically mentions an application by Jeffrey A. Schumacher and John Schumacher to retain voting shares of American Federal Corporation and American Federal Bank in North Dakota.

The Federal Reserve System has received applications from several parties, known collectively as The Stilwell Group, which includes Stilwell Activist Investments, L.P., Stilwell Activist Fund, L.P., Stilwell Partners, L.P., and Joseph D. Stilwell. These parties are seeking approval to buy shares in IF Bancorp, Inc., and consequently in Iroquois Federal Savings and Loan Association, both located in Watseka, Illinois. The public is invited to comment on these applications by April 14, 2025, and comments will be made publicly available. Applications and related documents can be reviewed at the indicated Federal Reserve Banks or obtained via the Federal Reserve's Freedom of Information Office.

The Federal Reserve Board has announced the 2024 global indicator amounts used to determine risk-based capital surcharges for bank holding companies considered globally significant. These surcharges are calculated using a formula that considers various factors like size and interconnectedness. The Board uses data collected by the Basel Committee on Banking Supervision and converts these figures from euros to U.S. dollars for their calculations. The notice provides a methodology for identifying such banks based on their potential impact on the financial system.

The Financial Crimes Enforcement Network (FinCEN), part of the Treasury Department, is asking for public comments on their plan to renew a rule without changes. This rule requires U.S. banks to gather and report information about financial dealings with specific foreign banks that may do business with Iranian-linked institutions or people associated with the Islamic Revolutionary Guard Corps (IRGC). FinCEN's aim is to continue enforcing these information collections to help monitor and regulate financial activities, with the ultimate goal of preventing money laundering and terrorism financing. The request for comments is in line with efforts to reduce paperwork and examine the burden these regulations place on both U.S. and foreign banks.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has released four general licenses linked to sanctions against Russian harmful foreign activities. These licenses, numbered 53A, 55C, 113, and 114, allow certain transactions that were initially restricted, involving Russian entities like Gazprombank and projects such as Sakhalin-2. Each license specifies what activities are permitted and outlines exceptions, such as prohibiting some financial dealings with blocked entities. These licenses were first published on OFAC's website and have specific expiration dates outlined in the document.

The Department of the Treasury is seeking public comments on their information collection requests, which will be reviewed by the Office of Management and Budget (OMB). These requests relate to the reporting and recordkeeping requirements under the Bank Secrecy Act (BSA) for U.S. persons with foreign financial accounts. The BSA helps combat money laundering and terrorism by requiring financial institutions to keep records and file reports helpful in various matters. The key form related to this is the FinCEN Report 114, also known as the FBAR, which must be filed annually if foreign accounts exceed $10,000 in the previous calendar year. The deadline for public feedback is February 25, 2021.

The Federal Deposit Insurance Corporation (FDIC) has established a new rule that requires certain commitments and conditions for companies seeking to have an industrial bank or industrial loan company as a subsidiary without being subject to consolidated supervision by the Federal Reserve Board. This rule aims to ensure that these firms, referred to as "Covered Companies," engage in yearly reporting, permit FDIC examinations, and uphold capital and liquidity standards for their industrial bank subsidiaries. These measures are expected to mitigate risks to the Deposit Insurance Fund and maintain the safety and soundness of these financial institutions. The rule also includes a requirement for contingency plans in certain situations to handle financial or operational stress without resorting to bankruptcy or government receivership.

The Office of the Comptroller of the Currency (OCC) is requesting public comments on its renewal of the information collection related to "Debt Cancellation Contracts and Debt Suspension Agreements" as required by the Paperwork Reduction Act of 1995. The OCC is seeking feedback on the necessity and utility of the information collected, the accuracy of the burden estimate, and ways to reduce the collection burden on respondents. The comments should be submitted by April 19, 2021, and should include the agency name "OCC" and the identifier "1557-0224." This process ensures that the OCC complies with federal requirements and continues to properly manage the collection of information.