Financial Crimes Enforcement Network; Proposed Collection; Comment Request; Customer Identification Programs for Futures Commission Merchants and Introducing Brokers., 34521-34522 [05-11808]
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Federal Register / Vol. 70, No. 113 / Tuesday, June 14, 2005 / Notices
Denver Terminal Railroad Company,
d/b/a Denver Rock Island Railroad
(DRIR), a Class III rail carrier, has filed
a verified notice of exemption under 49
CFR 1150.41 to acquire from Union
Pacific Railroad Company (UP) and
operate rail lines commonly known as
the Stock Yard Lead and the North
Washington Industrial Track in Denver
and Adams Counties, CO. The Stock
Yard Lead line of railroad consists of
Track 12, extending from a point of
connection with a UP main line north
of East 58th Avenue in unincorporated
Adams County to a point of connection
with existing DRIR trackage at or near
Race Court in the City of Denver, Denver
County, a distance of 5,750 feet, or 1.09
miles, plus the following auxiliary
tracks: Track 12A (450 feet); Track 12B
(750 feet); Track 12C (1,767 feet); and
Track 12D (1,845 feet), for a total
distance of approximately 10,562 feet,
or 2 miles. The North Washington
Industrial Track line of railroad consists
of Track 122, extending from a point of
connection with UP trackage east of
North Washington Street to the end of
the track north of East 68th Avenue, all
in unincorporated Adams County, a
distance of approximately 2.2 miles.
Numerous auxiliary tracks are also part
of the North Washington Industrial
Track. DRIR has been leasing and
operating the Stock Yard Lead from UP
since 2005.1 The purpose of this
transaction is to convert DRIR’s
leasehold interest into an ownership
interest, and to obtain acquisition and
operation authority for the North
Washington Industrial Track.2
DRIR certifies that its projected
revenues as a result of this transaction
will not result in the creation of a Class
II or Class I rail carrier. The transaction
is scheduled to be consummated no
sooner than May 27, 2005, the effective
date of the exemption (7 days after the
exemption was filed).
If the verified notice contains false or
misleading information, the exemption
is void ab initio. Petitions to revoke the
exemption under 49 U.S.C. 10502(d)
may be filed at any time. The filing of
a petition to revoke will not
automatically stay the transaction.
1 See Denver Terminal Railroad Company, d/b/a
Denver Rock Island Railroad—Lease and Operation
Exemption—Rail Line of Union Pacific Railroad
Company, STB Finance Docket No. 34637 (STB
served Jan. 12, 2005).
2 Acquisition of the Stock Yard Lead and North
Washington Industrial Track by DRIR is part of an
exchange of trackage whereby UP acquired DRIR’s
Sandown-Belt Junction line in Denver. See Union
Pacific Railroad Company—Acquisition and
Operation Exemption—Line of Denver Terminal
Railroad Company, d/b/a Denver Rock Island
Railroad, STB Finance Docket No. 34631 (STB
served Apr. 1, 2005).
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An original and 10 copies of all
pleadings, referring to STB Finance
Docket No. 34692, must be filed with
the Surface Transportation Board, 1925
K Street, NW., Washington, DC 20423–
0001. In addition, a copy of each
pleading must be served on: Thomas F.
McFarland, Thomas F. McFarland, P.C.,
208 South LaSalle Street, Suite 1890,
Chicago, IL 60604–1112.
Board decisions and notices are
available on our Web site at https://
www.stb.dot.gov.
Decided: June 6, 2005.
By the Board, David M. Konschnik,
Director, Office of Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05–11556 Filed 6–13–05; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement
Network; Proposed Collection;
Comment Request; Customer
Identification Programs for Futures
Commission Merchants and
Introducing Brokers.
Financial Crimes Enforcement
Network (‘‘FinCEN’’), Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: FinCEN invites comment on a
proposed extension of a currently
approved requirement that futures
commission merchants and introducing
brokers establish a customer
identification program as required
under section 326 of the Uniting and
Strengthening America by providing
Appropriate Tools Required to Intercept
and Obstruct Terrorism (USA PATRIOT
ACT) Act of 2001. This request for
comments covers 31 CFR 103.123. This
request for comments is being made
pursuant to the Paperwork Reduction
Act of 1995, Pub. L. 104–13, 44 U.S.C.
3506(c)(2)(A).
DATES: Written comments are welcome
and must be received on or before
August 15, 2005.
ADDRESSES: Written comments should
be submitted to: Regulatory Policy and
Programs Division, Financial Crimes
Enforcement Network, Department of
the Treasury, PO Box 39, Vienna,
Virginia 22183, Attention: PRA
Comments—CIP for FCMs and IBs.
Comments also may be submitted by
electronic mail to the following Internet
address: regcomments@fincen.treas.gov,
again with a caption, in the body of the
text, ‘‘Attention: PRA Comments—CIP
for FCMs and IBs.
PO 00000
Frm 00081
Fmt 4703
Sfmt 4703
34521
Inspection of comments. Comments
may be inspected, between 10 a.m. and
4 p.m., in the FinCEN reading room in
Washington, DC. Persons wishing to
inspect the comments submitted must
request an appointment by telephoning
(202) 354–6400.
FOR FURTHER INFORMATION CONTACT: The
FinCEN Regulatory Helpline at 800–
949–2732, select option 3, or contact
Helene D. Schroeder, Special Counsel,
Division of Clearing and Intermediary
Oversight, Commodity Futures Trading
Commission, 1155 21st Street, NW.,
Washington, DC 20581, (202) 418–5450;
or AMLstaff@cftc.gov.
SUPPLEMENTARY INFORMATION:
Title: Customer Identification
Programs For Futures Commission
Merchants and Introducing Brokers, 31
CFR 103.123.
OMB Number: 1506–0022.
Form Number: N/A.
Abstract: The statute generally
referred to as the ‘‘Bank Secrecy Act,’’
Titles I and II of Public Law 91–508, as
amended, codified at 12 U.S.C. 1829b,
12 U.S.C. 1951–1959, and 31 U.S.C.
5311–5332, authorizes the Secretary of
the Treasury, inter alia, to require
financial institutions to keep records
and file reports that are determined to
have a high degree of usefulness in
criminal, tax, and regulatory matters, or
in the conduct of intelligence or
counter-intelligence activities, to protect
against international terrorism, and to
implement counter-money laundering
programs and compliance procedures.1
Regulations implementing Title II of the
Bank Secrecy Act appear at 31 CFR part
103. The authority of the Secretary to
administer the Bank Secrecy Act has
been delegated to the Director of
FinCEN.
Section 326 of the USA PATRIOT Act
added a new subsection (l) to 31 U.S.C.
5318 of the Bank Secrecy Act that
requires the Secretary of the Treasury to
require financial institutions to establish
and maintain programs to verify the
identity of customers opening an
account. On May 9, 2003, FinCEN and
the Commodity Futures Trading
Commission issued a joint final rule (68
FR 25149) requiring futures commission
merchants and introducing brokers to
establish a customer identification
program (‘‘CIP rule’’). The final CIP rule
can also be found at 31 CFR 103.123.
1 Language expanding the scope of the Bank
Secrecy Act to intelligence or counter-intelligence
activities to protect against international terrorism
was added by section 358 of the Uniting and
Strengthening America by Providing Appropriate
Tools Required to Intercept and Obstruct Terrorism
Act of 2001 (the ‘‘USA PATRIOT Act’’), Pub. L.
107–56.
E:\FR\FM\14JNN1.SGM
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34522
Federal Register / Vol. 70, No. 113 / Tuesday, June 14, 2005 / Notices
This notice, which has been
developed jointly with the Commodity
Futures Trading Commission, is
presented only for purposes of soliciting
public comment on the proposed
extension without change of the current
rule.
Type of Review: Extension without
change of a currently approved
collection.
Affected public: Business or other forprofit institutions.
Frequency: As required. Estimated
average annual burden for the
recordkeeping requirements of the rule
for each respondent: 10 hours.
Estimated average annual burden for
the disclosure requirements of the rule
per each respondent: 1 hour.
Estimated number of respondents:
1,861.
Estimated Total Annual Reporting
and Recordkeeping Burden: 20,471
hours.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid OMB control number.
Records required to be retained under
the Bank Secrecy Act must be retained
for five years.
Request for Comments
Comments submitted in response to
this notice will be summarized and/or
included in the request for OMB
approval. All comments will become a
matter of public record. Comments are
invited on: (a) Whether the
recordkeeping requirement 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 automated collection techniques or
other forms of information technology;
and (e) Estimates of capital or start-up
costs and costs of operation,
maintenance and purchase of services to
provide information.
Dated: June 2, 2005.
William J. Fox,
Director, Financial Crimes Enforcement
Network.
[FR Doc. 05–11808 Filed 6–10–05; 12:58 pm]
BILLING CODE 4810–02–P
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Jkt 205001
DEPARTMENT OF THE TREASURY
Financial Management Service;
Privacy Act of 1974; Systems of
Records
Financial Management Service,
Treasury.
ACTION: Notice of systems of records.
AGENCY:
In accordance with the
requirements of the Privacy Act of 1974,
as amended, 5 U.S.C. 552a, Financial
Management Service is publishing its
inventory of Privacy Act systems of
records.
SUMMARY:
Authority With Treasury.
FMS .012—Pre-complaint Counseling and
Complaint Activities.
FMS .013—Gifts to the United States.
FMS .014—Debt Collection Operations
System.
FMS .016—Payment Records for Other Than
Regular Recurring Benefit Payments.
FMS .017—Collections Records
TREASURY/FMS.001
SYSTEM NAME:
Administrative Records—Treasury/
Financial Management Service.
SYSTEM LOCATION:
Pursuant
to the Privacy Act of 1974 (5 U.S.C.
552a) and the Office of Management and
Budget (OMB) Circular No. A–130,
Financial Management Service (FMS)
has completed a review of its Privacy
Act systems of records notices to
identify minor changes to those notices.
The following systems of records have
been added to the bureau’s inventory of
Privacy Act notices since August 21,
2001:
FMS .004—Education and Training
Records, published June 3, 2004, at 69
FR 31454.
FMS .017—Collections Records,
published on February 4, 2003, at 68 FR
5691.
This publication incorporates the
amendments to FMS.003 published on
January 9, 2003 at 68 FR 1216, FMS.002,
.014 and .016 published on February 26,
2003 at 68 FR 8964, FMS.002 and .016
published on April 1, 2003 at 68 FR
15796, and FMS.016 published on May
6, 2004 at 69 FR 25461.
The systems notices are reprinted in
their entirety following the Table of
Contents.
Financial Management Service, U.S.
Department of the Treasury, Prince
George Metro Center II, 3700 East-West
Highway, Room 144, Hyattsville, MD
20782. Also, please see Appendix I.
Systems Covered by This Notice
POLICIES AND PRACTICES FOR STORING,
RETRIEVING, ACCESSING, RETAINING, DISPOSING
OF RECORDS IN THE SYSTEM:
SUPPLEMENTARY INFORMATION:
This notice covers all systems of
records adopted by the Bureau up to
May 2, 2005. The systems notices are
reprinted in their entirety following the
Table of Contents.
Dated: June 2, 2005.
Nicholas Williams,
Deputy Assistant Secretary for Headquarters
Operations.
Financial Management Service (FMS)
Table of Contents
FMS. 001—Administrative Records.
FMS .002—Payment Issue Records for
Regular Recurring Benefit Payments.
FMS .003—Claims and Inquiry Records on
Treasury Checks, and International
Claimants.
FMS .004—Education and Training Records
FMS .005—FMS Personnel Records.
FMS .007—Payroll and Pay Administration.
FMS .010—Records of Accountable Officers’
PO 00000
Frm 00082
Fmt 4703
Sfmt 4703
CATEGORIES OF INDIVIDUALS COVERED BY THE
SYSTEM:
Financial Management Service
personnel.
CATEGORIES OF RECORDS IN THE SYSTEM:
(1) Motor Vehicle Accident Reports.
(2) Parking Permits. (3) Distribution list
of individuals requesting various
Treasury publications. (4) Treasury
Credentials.
AUTHORITY FOR MAINTENANCE OF THE SYSTEM:
5 U.S.C. 301.
ROUTINE USES OF RECORDS MAINTAINED IN THE
SYSTEM, INCLUDING CATEGORIES OF USERS AND
THE PURPOSES OF SUCH USES:
These records may be used to:
(1) Disclose to GSA for drivers
permits, parking permits, accident
reports, and credentials;
(2) Disclose to GPO for servicing
public on Treasury publications.
STORAGE:
Hard copy and microcomputer.
RETRIEVABILITY:
By name and by Treasury publication.
SAFEGUARDS:
Locked containers.
Administrative Procedure—names are
not given to anyone except those who
control the listing.
RETENTION AND DISPOSAL:
(1) Distribution List—destroy one year
after declared obsolete.
(2) Motor Vehicle Accident Reports—
six years after closure of the case.
(3) Parking permits and Treasury
Credentials—destroy 3 months after
return to issuing officer.
E:\FR\FM\14JNN1.SGM
14JNN1
]]>Agencies
[Federal Register Volume 70, Number 113 (Tuesday, June 14, 2005)]
[Notices]
[Pages 34521-34522]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-11808]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network; Proposed Collection;
Comment Request; Customer Identification Programs for Futures
Commission Merchants and Introducing Brokers.
AGENCY: Financial Crimes Enforcement Network (``FinCEN''), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: FinCEN invites comment on a proposed extension of a currently
approved requirement that futures commission merchants and introducing
brokers establish a customer identification program as required under
section 326 of the Uniting and Strengthening America by providing
Appropriate Tools Required to Intercept and Obstruct Terrorism (USA
PATRIOT ACT) Act of 2001. This request for comments covers 31 CFR
103.123. This request for comments is being made pursuant to the
Paperwork Reduction Act of 1995, Pub. L. 104-13, 44 U.S.C.
3506(c)(2)(A).
DATES: Written comments are welcome and must be received on or before
August 15, 2005.
ADDRESSES: Written comments should be submitted to: Regulatory Policy
and Programs Division, Financial Crimes Enforcement Network, Department
of the Treasury, PO Box 39, Vienna, Virginia 22183, Attention: PRA
Comments--CIP for FCMs and IBs. Comments also may be submitted by
electronic mail to the following Internet address:
regcomments@fincen.treas.gov, again with a caption, in the body of the
text, ``Attention: PRA Comments--CIP for FCMs and IBs.
Inspection of comments. Comments may be inspected, between 10 a.m.
and 4 p.m., in the FinCEN reading room in Washington, DC. Persons
wishing to inspect the comments submitted must request an appointment
by telephoning (202) 354-6400.
FOR FURTHER INFORMATION CONTACT: The FinCEN Regulatory Helpline at 800-
949-2732, select option 3, or contact Helene D. Schroeder, Special
Counsel, Division of Clearing and Intermediary Oversight, Commodity
Futures Trading Commission, 1155 21st Street, NW., Washington, DC
20581, (202) 418-5450; or AMLstaff@cftc.gov.
SUPPLEMENTARY INFORMATION:
Title: Customer Identification Programs For Futures Commission
Merchants and Introducing Brokers, 31 CFR 103.123.
OMB Number: 1506-0022.
Form Number: N/A.
Abstract: The statute generally referred to as the ``Bank Secrecy
Act,'' Titles I and II of Public Law 91-508, as amended, codified at 12
U.S.C. 1829b, 12 U.S.C. 1951-1959, and 31 U.S.C. 5311-5332, authorizes
the Secretary of the Treasury, inter alia, to require financial
institutions to keep records and file reports that are determined to
have a high degree of usefulness in criminal, tax, and regulatory
matters, or in the conduct of intelligence or counter-intelligence
activities, to protect against international terrorism, and to
implement counter-money laundering programs and compliance
procedures.\1\ Regulations implementing Title II of the Bank Secrecy
Act appear at 31 CFR part 103. The authority of the Secretary to
administer the Bank Secrecy Act has been delegated to the Director of
FinCEN.
---------------------------------------------------------------------------
\1\ Language expanding the scope of the Bank Secrecy Act to
intelligence or counter-intelligence activities to protect against
international terrorism was added by section 358 of the Uniting and
Strengthening America by Providing Appropriate Tools Required to
Intercept and Obstruct Terrorism Act of 2001 (the ``USA PATRIOT
Act''), Pub. L. 107-56.
---------------------------------------------------------------------------
Section 326 of the USA PATRIOT Act added a new subsection (l) to 31
U.S.C. 5318 of the Bank Secrecy Act that requires the Secretary of the
Treasury to require financial institutions to establish and maintain
programs to verify the identity of customers opening an account. On May
9, 2003, FinCEN and the Commodity Futures Trading Commission issued a
joint final rule (68 FR 25149) requiring futures commission merchants
and introducing brokers to establish a customer identification program
(``CIP rule''). The final CIP rule can also be found at 31 CFR 103.123.
[[Page 34522]]
This notice, which has been developed jointly with the Commodity
Futures Trading Commission, is presented only for purposes of
soliciting public comment on the proposed extension without change of
the current rule.
Type of Review: Extension without change of a currently approved
collection.
Affected public: Business or other for-profit institutions.
Frequency: As required. Estimated average annual burden for the
recordkeeping requirements of the rule for each respondent: 10 hours.
Estimated average annual burden for the disclosure requirements of
the rule per each respondent: 1 hour.
Estimated number of respondents: 1,861.
Estimated Total Annual Reporting and Recordkeeping Burden: 20,471
hours.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number. Records required to be
retained under the Bank Secrecy Act must be retained for five years.
Request for Comments
Comments submitted in response to this notice will be summarized
and/or included in the request for OMB approval. All comments will
become a matter of public record. Comments are invited on: (a) Whether
the recordkeeping requirement 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 automated collection
techniques or other forms of information technology; and (e) Estimates
of capital or start-up costs and costs of operation, maintenance and
purchase of services to provide information.
Dated: June 2, 2005.
William J. Fox,
Director, Financial Crimes Enforcement Network.
[FR Doc. 05-11808 Filed 6-10-05; 12:58 pm]
BILLING CODE 4810-02-P
