Agency Information Collection Activities; Submission for OMB Review; Comment Request, 5410-5411 [E6-1221]
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5410
Federal Register / Vol. 71, No. 21 / Wednesday, February 1, 2006 / Notices
Financial Crimes Enforcement Network
(FinCEN)
OMB Number: 1506–0029.
Type of Review: Revision.
Title: Suspicious Activity Report by
Insurance Companies.
Form: FinCEN form 108.
Description: 31 CFR 103.16 requires
insurance companies to report
suspicious activities to the Financial
Crimes Enforcement Network. FinCEN
form 108 is an aid to this required
reporting providing the filer with a
guide in completing this reporting
requirement.
Respondents: Business or other forprofit.
Estimated Total Reporting Burden:
14,400 hours.
Clearance Officer: Russell
Stephenson, (202) 354–6012,
Department of the Treasury, Financial
Crimes Enforcement Network, P.O. Box
39, Vienna, VA 22183.
OMB Reviewer: Alexander T. Hunt,
(202) 395–7316, Office of Management
and Budget, Room 10235, New
Executive Office Building, Washington,
DC 20503.
Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. E6–1334 Filed 1–31–06; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
cchase on PROD1PC60 with NOTICES
AGENCY:
SUMMARY: The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995. An agency may
not conduct or sponsor, and a
respondent is not required to respond
to, an information collection unless it
displays a currently valid OMB control
number. The OCC is soliciting comment
concerning its information collection
titled, ‘‘Recordkeeping Requirements for
Securities Transactions—12 CFR part
12.’’ The OCC also gives notice that it
has sent the information collection to
OMB for review and approval.
DATES: You should submit comments by
March 3, 2006.
VerDate Aug<31>2005
17:49 Jan 31, 2006
Jkt 208001
Communications Division,
Office of the Comptroller of the
Currency, Public Information Room,
Mailstop 1–5, Attention: 1557–0142,
250 E Street, SW., Washington, DC
20219. In addition, comments may be
sent by fax to (202) 874–4448, or by
electronic mail to
regs.comments@occ.treas.gov. You can
inspect and photocopy the comments at
the OCC’s Public Information Room, 250
E Street, SW., Washington, DC 20219.
You can make an appointment to
inspect the comments by calling (202)
874–5043.
Additionally, you should send a copy
of your comments to OCC Desk Officer,
1557–0142, by mail to U.S. Office of
Management and Budget, 725, 17th
Street, NW., #10235, Washington, DC
20503, or by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: You
can request additional information or a
copy of the collection from Mary
Gottlieb, OCC Clearance Officer, or
Camille Dixon, (202) 874–5090,
Legislative and Regulatory Activities
Division, Office of the Comptroller of
the Currency, 250 E Street, SW.,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: The OCC
is proposing to extend OMB approval of
the following information collection:
Title: Recordkeeping Requirements
for Securities Transactions—12 CFR
part 12.
OMB Number: 1557–0142.
Description: This submission covers
an existing regulation and involves no
change to the regulation or to the
information collection requirements.
The only revisions to the submission are
the revised estimates, which have been
updated for accuracy.
The information collection
requirements in 12 CFR part 12 are
required to ensure national bank
compliance with securities laws and to
improve the protection afforded persons
who purchase and sell securities
through banks. The transaction
confirmation information provides
customers with a record regarding the
transaction and provides banks and the
OCC with records to ensure compliance
with banking and securities laws and
regulations. The OCC uses the required
information in its examinations to,
among other things, evaluate a bank’s
compliance with the antifraud
provisions of the Federal securities
laws.
The information collection
requirements contained in 12 CFR part
12 are as follows: Section 12.3 requires
a national bank effecting securities
transactions for customers to maintain
records for at least three years. The
ADDRESSES:
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Fmt 4703
Sfmt 4703
records required by this section must
clearly and accurately reflect the
information required and provide an
adequate basis for the audit of the
information. Section 12.4 requires a
national bank to give or send to the
customer a written notification of
transaction or a copy of the registered
broker/dealer confirmation relating to
the securities transaction.
Sections 12.5(a), (b), (c), and (e) allow
national banks, as an alternative to
complying with § 12.4, to elect to
provide alternative forms of notification
to customers for certain transactions in
accounts in which the bank does not
exercise investment discretion, trust
transactions, agency transactions and
periodic plan transactions.
Sections 12.7(a)(1) through (a)(3)
require a national bank to develop and
maintain written securities trading
policies and procedures.
Section 12.7(a)(4) requires bank
officers and employees to report to the
bank all personal transactions in
securities made by them or on their
behalf in which they have a beneficial
interest, if certain conditions are met.
Section 12.8 requires a national bank
to file a written request with the OCC
for a waiver of one or more of the
requirements set forth in §§ 12.2
through 12.7.
On November 25, 2005, the OCC
published in the Federal Register (70
FR 71189) a notice concerning the
renewal of this information collection.
The OCC received no public comments
and is now submitting its request to
OMB for approval.
Type of Review: Revision of a
currently approved collection.
Affected Public: Individuals;
Businesses or other for-profit.
Estimated Number of Respondents:
585.
Estimated Total Annual Responses:
2,369.
Frequency of Response: On occasion.
Estimated Total Annual Burden:
3,207 hours.
Comments are invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information has 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 on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
E:\FR\FM\01FEN1.SGM
01FEN1
Federal Register / Vol. 71, No. 21 / Wednesday, February 1, 2006 / Notices
(e) Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
Dated: January 25, 2006.
Stuart Feldstein,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. E6–1221 Filed 1–31–06; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[IA–17–90]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
cchase on PROD1PC60 with NOTICES
AGENCY:
SUMMARY: The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning an
existing final regulation, IA–17–90 (TD
8571), Reporting Requirements for
Recipients of Points Paid on Residential
Mortgages (§§ 1.6050H–1 and 1.6050H–
2).
DATES: Written comments should be
received on or before April 3, 2006 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this regulation should be
directed to R. Joseph Durbala, at (202)
622–3634, Internal Revenue Service,
room 6407, 1111 Constitution Avenue,
NW., Washington, DC 20224, or through
the internet at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Reporting Requirements for
Recipients of Points Paid on Residential
Mortgages.
OMB Number: 1545–1380.
Regulation Project Number: IA–17–
90.
Abstract: These regulations require
the reporting of certain information
relating to payments of mortgage
interest. Taxpayers must separately state
VerDate Aug<31>2005
17:49 Jan 31, 2006
Jkt 208001
on Form 1098 the amount of points and
the amount of interest (other than
points) received during the taxable year
on a single mortgage and must provide
to the payer of the points a separate
statement setting forth the information
being reported to the IRS.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
37,644.
Estimated Time Per Respondent: 7
hrs., 31 minutes.
Estimated Total Annual Burden
Hours: 283,056.
The following paragraph applies to all
of the collections of information covered
by this notice:
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.
Books or records relating to a
collection of information must be
retained as long as their contents may
become material in the administration
of any internal revenue law. Generally,
tax returns and tax return information
are confidential, as required by 26
U.S.C. 6103.
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 collection of
information 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.
Approved: January 23, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–1228 Filed 1–31–06; 8:45 am]
BILLING CODE 4830–01–P
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5411
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Schedule F, Part I and II
(Form 1040)
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning
Schedule F, Part I and II (Form 1040),
Profit or Loss From Farming.
DATES: Written comments should be
received on or before April 3, 2006 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to R. Joseph Durbala,
(202) 622–3634, at Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Profit or Loss From Farming.
OMB Number: 1545–1975.
Form Number: Schedule F, Part I and
II (Form 1040).
Abstract: Schedule F, Part I and II
(Form 1040) is used by individuals to
report their Farm Income. The data is
used to verify that the items reported on
the form are correct and also for general
statistical use.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations, Farming.
Estimated Number of Respondents:
1,323,640.
Estimated Time Per Respondent: 5
hours 53 minutes.
Estimated Total Annual Burden
Hours: 7,796,240.
E:\FR\FM\01FEN1.SGM
01FEN1
]]>Agencies
[Federal Register Volume 71, Number 21 (Wednesday, February 1, 2006)]
[Notices]
[Pages 5410-5411]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-1221]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities; Submission for OMB
Review; Comment Request
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to take this opportunity to comment on a continuing
information collection, as required by the Paperwork Reduction Act of
1995. An agency may not conduct or sponsor, and a respondent is not
required to respond to, an information collection unless it displays a
currently valid OMB control number. The OCC is soliciting comment
concerning its information collection titled, ``Recordkeeping
Requirements for Securities Transactions--12 CFR part 12.'' The OCC
also gives notice that it has sent the information collection to OMB
for review and approval.
DATES: You should submit comments by March 3, 2006.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Public Information Room, Mailstop 1-5, Attention: 1557-0142,
250 E Street, SW., Washington, DC 20219. In addition, comments may be
sent by fax to (202) 874-4448, or by electronic mail to
regs.comments@occ.treas.gov. You can inspect and photocopy the comments
at the OCC's Public Information Room, 250 E Street, SW., Washington, DC
20219. You can make an appointment to inspect the comments by calling
(202) 874-5043.
Additionally, you should send a copy of your comments to OCC Desk
Officer, 1557-0142, by mail to U.S. Office of Management and Budget,
725, 17th Street, NW., 10235, Washington, DC 20503, or by fax
to (202) 395-6974.
FOR FURTHER INFORMATION CONTACT: You can request additional information
or a copy of the collection from Mary Gottlieb, OCC Clearance Officer,
or Camille Dixon, (202) 874-5090, Legislative and Regulatory Activities
Division, Office of the Comptroller of the Currency, 250 E Street, SW.,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval
of the following information collection:
Title: Recordkeeping Requirements for Securities Transactions--12
CFR part 12.
OMB Number: 1557-0142.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The only revisions to the submission are the revised
estimates, which have been updated for accuracy.
The information collection requirements in 12 CFR part 12 are
required to ensure national bank compliance with securities laws and to
improve the protection afforded persons who purchase and sell
securities through banks. The transaction confirmation information
provides customers with a record regarding the transaction and provides
banks and the OCC with records to ensure compliance with banking and
securities laws and regulations. The OCC uses the required information
in its examinations to, among other things, evaluate a bank's
compliance with the antifraud provisions of the Federal securities
laws.
The information collection requirements contained in 12 CFR part 12
are as follows: Section 12.3 requires a national bank effecting
securities transactions for customers to maintain records for at least
three years. The records required by this section must clearly and
accurately reflect the information required and provide an adequate
basis for the audit of the information. Section 12.4 requires a
national bank to give or send to the customer a written notification of
transaction or a copy of the registered broker/dealer confirmation
relating to the securities transaction.
Sections 12.5(a), (b), (c), and (e) allow national banks, as an
alternative to complying with Sec. 12.4, to elect to provide
alternative forms of notification to customers for certain transactions
in accounts in which the bank does not exercise investment discretion,
trust transactions, agency transactions and periodic plan transactions.
Sections 12.7(a)(1) through (a)(3) require a national bank to
develop and maintain written securities trading policies and
procedures.
Section 12.7(a)(4) requires bank officers and employees to report
to the bank all personal transactions in securities made by them or on
their behalf in which they have a beneficial interest, if certain
conditions are met.
Section 12.8 requires a national bank to file a written request
with the OCC for a waiver of one or more of the requirements set forth
in Sec. Sec. 12.2 through 12.7.
On November 25, 2005, the OCC published in the Federal Register (70
FR 71189) a notice concerning the renewal of this information
collection. The OCC received no public comments and is now submitting
its request to OMB for approval.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals; Businesses or other for-profit.
Estimated Number of Respondents: 585.
Estimated Total Annual Responses: 2,369.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 3,207 hours.
Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information has 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 on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
[[Page 5411]]
(e) Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: January 25, 2006.
Stuart Feldstein,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. E6-1221 Filed 1-31-06; 8:45 am]
BILLING CODE 4810-33-P
