Request for Information and Comment on Financial Institutions' Use of Artificial Intelligence, Including Machine Learning
| Published date | 24 May 2021 |
| Citation | 86 FR 27960 |
| Record Number | 2021-10861 |
| Section | Notices |
| Court | Board Of Governors Of The Federal Reserve System,Consumer Financial Protection Bureau,National Credit Union Administration |
27960
Federal Register / Vol. 86, No. 98 / Monday, May 24, 2021 / Notices
1
See 86 FR 16837–38 (March 31, 2021).
‘‘Confidential’’; (2) send PHMSA, along
with the original document, a second
copy of the original document with the
CBI deleted; and (3) explain why the
information you are submitting is CBI.
Unless you are notified otherwise,
PHMSA will treat such marked
submissions as confidential under the
FOIA, and they will not be placed in the
public docket of this notice.
Submissions containing CBI should be
sent to Kay McIver, DOT, PHMSA–
PHP–80, 1200 New Jersey Avenue SE,
Washington, DC 20590–0001. Any
commentary PHMSA receives that is not
specifically designated as CBI will be
placed in the public docket for this
matter.
FOR FURTHER INFORMATION CONTACT
:
General: Ms. Kay McIver by telephone
at 202–366–0113, or by email at
kay.mciver@dot.gov.
Technical: Mr. Steve Nanney by
telephone at 713–272–2855, or by email
at steve.nanney@dot.gov.
SUPPLEMENTARY INFORMATION
: PHMSA
received a special permit request from
Tejas, a subsidiary of Kinder Morgan,
Inc., seeking a waiver from the
requirements of 49 CFR 192.611(a) and
(d), Change in class location and
Confirmation or revision of maximum
allowable operating pressure; and 49
CFR 192.619(a), Maximum allowable
operating pressure: Steel or plastic
pipelines. This special permit is being
requested in lieu of pipe replacement,
pressure testing, or pressure reduction
for three (3) pipeline segments totaling
717 feet (approximately 0.136 miles) of
30-inch and 36-inch diameter pipe on
the Mustang Mainline 1 Pipeline located
in Nueces County, Texas, and 882 feet
(approximately 0.167 miles) of 30-inch
diameter pipe on the King Ranch to
Lovell Pipeline located in Harris
County, Texas. The proposed special
permit will allow operation of the
original Class 1 or Class 2 pipe in the
Class 3 locations.
The proposed special permit segments
on the Mustang Mainline 1 Pipeline
have a maximum allowable operating
pressure (MAOP) of 915 pounds per
square inch gauge (psig) and were
constructed in 1959 and 1964. The
proposed special permit segment on the
King Ranch to Lovell Pipeline has a
MAOP of 715 psig and was constructed
in 1958.
The special permit request, proposed
special permit with conditions, and
Draft Environmental Assessment (DEA)
for the Tejas Mustang Mainline 1 and
King Ranch to Lovell Pipelines are
available for review and public
comments in Docket No. PHMSA–2021–
0018. PHMSA invites interested persons
to review and submit comments on the
special permit request and DEA in the
docket. Please include any comments on
potential safety and environmental
impacts that may result if the special
permit is granted. Comments may
include relevant data.
Before issuing a decision on the
special permit request, PHMSA will
evaluate all comments received on or
before the comments closing date.
Comments received after the closing
date will be evaluated, if it is possible
to do so without incurring additional
expense or delay. PHMSA will consider
each relevant comment it receives in
making its decision to grant or deny this
special permit request.
Issued in Washington, DC, on April, 2021,
under authority delegated in 49 CFR 1.97.
Alan K. Mayberry,
Associate Administrator for Pipeline Safety.
[FR Doc. 2021–10864 Filed 5–21–21; 8:45 am]
BILLING CODE 4910–60–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
[Docket ID OCC–2020–0049]
BOARD OF GOVERNORS OF THE
FEDERAL RESERVE SYSTEM
[Docket No. OP–1743]
FEDERAL DEPOSIT INSURANCE
CORPORATION
RIN 3064–ZA24
BUREAU OF CONSUMER FINANCIAL
PROTECTION
[Docket No. CFPB–2021–0004]
NATIONAL CREDIT UNION
ADMINISTRATION
[Docket No. NCUA–2021–0023]
Request for Information and Comment
on Financial Institutions’ Use of
Artificial Intelligence, Including
Machine Learning
AGENCY
: Board of Governors of the
Federal Reserve System (Board), Bureau
of Consumer Financial Protection
(Bureau), Federal Deposit Insurance
Corporation (FDIC), National Credit
Union Administration (NCUA), and
Office of the Comptroller of the
Currency (OCC).
ACTION
: Request for information and
comment; Extension of comment period.
SUMMARY
: On March 31, 2021, the
Board, Bureau, FDIC, NCUA, and OCC
(together, the agencies) published in the
Federal Register a document entitled
‘‘Request for Information and Comment
on Financial Institutions’ Use of
Artificial Intelligence, including
Machine Learning’’ (RFI) and invited
comments on financial institutions’ use
of artificial intelligence (AI), including
machine learning (ML). In response to
concerns raised by commenters that the
current comment deadline may not
provide sufficient time to analyze and
respond to the RFI due to the complex
technical nature and significance of the
topic, the agencies have determined that
an extension of the comment period
until July 1, 2021, is appropriate.
DATES
: The end of the comment period
for the document entitled ‘‘Request for
Information and Comment on Financial
Institutions’ Use of Artificial
Intelligence, including Machine
Learning,’’ published on March 31, 2020
(86 FR 16837), is extended from June 1,
2021, until July 1, 2021.
ADDRESSES
: You may submit comments
by any of the methods identified in the
RFI.
1
Please submit your comments
using only one method.
FOR FURTHER INFORMATION CONTACT
:
OCC: Kevin Greenfield, Deputy
Comptroller for Operational Risk,
Norine Richards, Director for Bank
Technology Operations, Paul Reymann,
Director for Consumer Compliance
Policy, or Siobhan Williams, Bank
Information Technology Analyst, Bank
Supervision Policy Department, (202)
649–6550; Beth Knickerbocker, Chief
Innovation Officer, or Maggie Colvin,
Innovation Officer, Office of Innovation,
(202) 649–5200; Alireza Ebrahim, Senior
Financial Economist, Risk Analytics
Division, (202) 649–5515; or Jorge D.
Aguilar, Counsel, Chief Counsel’s
Office, (202) 649–7187.
Board: David Palmer, Lead Financial
Institution Policy Analyst, (202) 452–
2904, Jeff Ernst, Lead Financial
Institution Policy Analyst, (202) 452–
2814, or Kavita Jain, Deputy Associate
Director, (202) 452–2062, Division of
Supervision and Regulation; Dana
Miller, Senior Counsel, (202) 452–2751,
Division of Consumer and Community
Affairs, or Patricia Yeh, Senior Counsel,
(202) 452–3089, or Gavin Smith, Senior
Counsel, (202) 452–3474, Legal
Division, Board of Governors of the
Federal Reserve System, 20th and C
Streets NW, Washington, DC 20551. For
users of Telecommunication Device for
the Deaf (TDD), (202) 263–4869.
FDIC: Sumaya Muraywid, Senior
Examination Specialist, Division of Risk
Management Supervision, (202) 898–
3904, smuraywid@fdic.gov; David
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27961
Federal Register / Vol. 86, No. 98 / Monday, May 24, 2021 / Notices
2
Request for Information and Comment on
Financial Institutions’ Use of Artificial Intelligence,
including Machine Learning. 86 FR 16837–38
(March 31, 2021).
Friedman, Senior Policy Analyst,
Division of Depositor and Consumer
Protection, 202–898–7168, dfriedman@
fdic.gov; or Chris Ledoux, Corporate
Expert, Legal Division, 202–898–3535,
cledoux@fdic.gov.
Bureau: Albert D. Chang, Senior
Counsel, Office of Innovation, (202)
450–7299; Patrice Alexander Ficklin,
Fair Lending Director, Office of Fair
Lending & Equal Opportunity, (202)
435–7205; and Kathryn Lazarev, Senior
Counsel, Office of Regulations, (202)
435–7700. If you require this document
in an alternative electronic format,
please contact CFPB_Accessibility@
cfpb.gov.
NCUA: Timothy Segerson, Deputy
Director, Office of Examination &
Insurance, 703–518–6300; Chrisanthy
Loizos, Senior Trial Attorney, Office of
General Counsel, 703–518–6540; Joe
Goldberg, Director, Division of
Consumer Compliance Policy and
Outreach, 703–518–1142.
SUPPLEMENTARY INFORMATION
: On March
31, 2021, the agencies published in the
Federal Register
2
a document inviting
comments on financial institutions’ use
of artificial intelligence (AI), including
machine learning (ML). The request for
information (RFI) was issued to obtain
respondents’ views on financial
institutions’ use of AI in their provision
of services to customers and for other
business or operational purposes;
appropriate governance, risk
management, and controls over AI; and
any challenges in developing, adopting,
and managing AI. The RFI also solicited
respondents’ views on the use of AI in
financial services to assist in
determining whether any clarifications
from the agencies would be helpful for
financial institutions’ use of AI in a safe
and sound manner and in compliance
with applicable laws and regulations,
including those related to consumer
protection. The document stated that
the comment period would close on
June 1, 2021. The agencies have
received requests to extend the
comment period. An extension of the
comment period will provide additional
opportunity for the public to analyze the
RFI and prepare comments to address
the questions posed by the agencies.
Therefore, the agencies are extending
the end of the comment period for the
RFI from June 1, 2021 until July 1, 2021.
Bureau: The Acting Director of the
Bureau, David Uejio, having reviewed
and approved this document, is
delegating the authority to electronically
sign this document to Grace Feola, a
Bureau Federal Register Liaison, for
purposes of publication in the Federal
Register.
Michael J. Hsu,
Acting Comptroller of the Currency.
By order of the Board of Governors of the
Federal Reserve System.
Ann Misback,
Secretary of the Board.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on May 13, 2021.
James P. Sheesley,
Assistant Executive Secretary.
Grace Feola,
Federal Register Liaison, Bureau of Consumer
Financial Protection.
Melane Conyers-Ausbrooks,
Secretary of the Board, National Credit Union
Administration.
[FR Doc. 2021–10861 Filed 5–21–21; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 4810–AM–P;
6714–01–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request
AGENCY
: Office of the Comptroller of the
Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); and Federal Deposit
Insurance Corporation (FDIC).
ACTION
: Joint notice and request for
comment.
SUMMARY
: In accordance with the
requirements of the Paperwork
Reduction Act of 1995 (PRA), the OCC,
the Board, and the FDIC (the agencies)
may not conduct or sponsor, and the
respondent is not required to respond
to, an information collection unless it
displays a currently valid Office of
Management and Budget (OMB) control
number. On December 18, 2020, and
February 5, 2021, the agencies, under
the auspices of the Federal Financial
Institutions Examination Council
(FFIEC), requested public comment for
60 days on proposals to revise and
extend the Consolidated Reports of
Condition and Income (Call Reports)
(FFIEC 031, FFIEC 041, and FFIEC 051),
the Report of Assets and Liabilities of
U.S. Branches and Agencies of Foreign
Banks (FFIEC 002), and the Report of
Assets and Liabilities of a Non-U.S.
Branch that is Managed or Controlled by
a U.S. Branch or Agency of a Foreign
(Non-U.S.) Bank (FFIEC 002S), all of
which are currently approved
collections of information. After
considering the comments received on
the notices, the agencies are proceeding
with the proposed revisions to the
reporting forms and instructions related
to the FDIC’s amendments to the deposit
insurance assessment system, effective
with the June 30, 2021, report date, and
the exclusion of sweep deposits and
certain other deposits from reporting as
brokered deposits, effective with the
September 30, 2021, report date. The
agencies hereby give notice of their plan
to submit to OMB a request to approve
the revision and extension of these
information collections, and again invite
comment on the renewal.
DATES
: Comments must be submitted on
or before June 23, 2021.
ADDRESSES
: Interested parties are
invited to submit written comments to
any or all of the agencies. All comments,
which should refer to the ‘‘Call Report
Deposit Insurance Assessment-Related
and Deposit-Related Revisions,’’ will be
shared among the agencies.
Written comments and
recommendations for the proposed
information collections should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. You may find these particular
information collections by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
Comments should also be sent to:
OCC: You may submit comments,
which should refer to ‘‘Call Report
Deposit Insurance Assessment-Related
and Deposit-Related Revisions,’’ by any
of the following methods:
•Email: prainfo@occ.treas.gov.
•Mail: Chief Counsel’s Office, Office
of the Comptroller of the Currency,
Attention: 1557–0081 and 1557–0239,
400 7th Street SW, Suite 3E–218,
Washington, DC 20219.
•Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0081’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
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