Procedures for Monitoring Secrecy Act Compliance, 6434-6435 [2010-2719]

Download as PDF 6434 Federal Register / Vol. 75, No. 26 / Tuesday, February 9, 2010 / Notices comment (or signing the comment, if submitted on behalf of an association, business, labor union, etc.). You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (Volume 65, Number 70; Pages 19477–78). Dated: January 25, 2010. By Order of the Maritime Administrator. Murray Bloom, Acting Secretary, Maritime Administration. [FR Doc. 2010–1995 Filed 2–8–10; 8:45 am] BILLING CODE 4910–81–P DEPARTMENT OF THE TREASURY Departmental Offices; Proposed Collection; Comment Request ACTION: Notice and request for comments. Cprice-sewell on DSK2BSOYB1PROD with NOTICES 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 Office of Financial Stability (OFS) is soliciting comments concerning the Use of Funds Survey for Capital Purchase Program participants. DATES: Written comments should be received on or before April 12, 2010 to be assured of consideration. ADDRESSES: Direct all written comments to Department of the Treasury, Daniel Abramowitz, 1500 Pennsylvania Avenue, NW., Washington, DC 20220; (202) 927–9645. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form(s) and instructions should be directed as above. SUPPLEMENTARY INFORMATION: Title: Troubled Asset Relief Program (TARP)—Capital Purchase Program (CPP) Use of Funds Survey. OMB Control Number: 1505–0222. Abstract: Authorized under the Emergency Economic Stabilization Act (EESA) of 2008 (Pub. L. 110–343), the Department of the Treasury has implemented several aspects of the Troubled Asset Relief Program (TARP). The TARP includes several components including a voluntary Capital Purchase Program (CPP) under which the Department has purchased qualifying capital in U.S. banking organizations. The CPP is an important part of the VerDate Nov<24>2008 14:39 Feb 08, 2010 Jkt 220001 Department’s efforts to restore confidence in our financial system and ensure that credit continues to be available to consumers and businesses. As an essential part of restoring confidence, the Treasury has committed to determining the effectiveness of the CPP. Additionally, American taxpayers are particularly interested in knowing how banks have used the money that Treasury has invested through the CPP. Consequently, the Treasury is seeking responses from banking institutions that have received CPP funds regarding: how the CPP investment has affected the banks’ operations, how these institutions have used CPP funds, and how their usage of CPP funds has changed over time. The information will be used to gauge how participants in the CPP are utilizing TARP capital. Type of Review: Extension without change to a currently approved information collection. Affected Public: Private sector: Businesses or other for-profits. Estimated Number of Respondents: 640. Estimated Total Annual Burden Hours: 51,200 hours. Comments submitted in response to this notice will be summarized and 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 including the validity of the methodology and assumption used; (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: January 16, 2010. Daniel Abramowitz, Office of Financial Stability PRA Program Officer. [FR Doc. 2010–2716 Filed 2–8–10; 8:45 am] BILLING CODE 4810–25–P PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Office of Thrift Supervision Procedures for Monitoring Secrecy Act Compliance AGENCY: Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. 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 comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the Department of the Treasury will submit the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. Today, OTS is soliciting public comments on its proposal to extend this information collection. DATES: Submit written comments on or before April 12, 2010. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552; send a facsimile transmission to (202) 906–6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS will post comments and the related index on the OTS Internet site at http://www.ots.treas.gov. In addition, interested persons may inspect comments at the Public Reading Room, 1700 G Street, NW., and by appointment. To make an appointment, call (202) 906–5922, send an e-mail to public.info@ots.treas.gov, or send a facsimile transmission to (202) 906– 7755. FOR FURTHER INFORMATION CONTACT: You can request additional information about this proposed information collection from Louise Batdorf (202) 906–7087, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection. SUPPLEMENTARY INFORMATION: E:\FR\FM\09FEN1.SGM 09FEN1 Federal Register / Vol. 75, No. 26 / Tuesday, February 9, 2010 / Notices Cprice-sewell on DSK2BSOYB1PROD with NOTICES Comments should address one or more of the following points: a. Whether the proposed collection of information is necessary for the proper performance of the functions of OTS; b. The accuracy of OTS’s estimate of the burden of the proposed information collection; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of the information collection on respondents, including through the use of information technology. We will summarize the comments that we receive and include them in the OTS request for OMB approval. All comments will become a matter of public record. In this notice, OTS is soliciting comments concerning the following information collection: Title of Proposal: Procedures for Monitoring Bank Secrecy Act Compliance. OMB Number: 1550–0041. Form Numbers: N/A. Regulation requirement: 12 CFR Parts 563.177 and 563.180. Description: In 1970, Congress passed the Currency and Foreign Transactions Report Act commonly known as the ‘Bank Secrecy Act’ (‘‘BSA’’). The Money Laundering Control Act of 1986 further augmented the BSA’s effectiveness by adding interrelated sections 8(s) and 21 to the Federal Deposit Insurance Act, which applies to savings associations. Specifically, Section 1359 of the AntiDrug Abuse Act of 1986, Public Law 99– 570 (‘‘Act’’), required the former Federal Home Loan Bank Board (‘‘FHLBB’’) to prescribe regulations requiring regulated institutions to establish and maintain procedures reasonably designed to assure and monitor compliance with the BSA and the U.S. Department of Treasury regulation 31 CFR part 103. The Office of Thrift Supervision (‘‘OTS’’) is charged with the responsibility to examine savings association procedures periodically to ensure their VerDate Nov<24>2008 14:39 Feb 08, 2010 Jkt 220001 effectiveness; OTS is therefore subject to the Act. See 12 CFR 563.177 and 563.180. The requirement that savings associations establish written BSA compliance procedures is a one-time event, but revisions to those procedures must occur as deemed necessary. OTS examiners review the written procedures during examinations in order to ensure the implementation of adequate systems for complying with the BSA and its implementing regulations. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 765. Estimated Burden Hours per Response: 40 hours. Estimated Frequency of Response: Annually. Estimated Total Burden: 30,600 hours. Dated: February 3, 2010. Ira L. Mills, Paperwork Clearance Officer, Office of Thrift Supervision. [FR Doc. 2010–2719 Filed 2–8–10; 8:45 am] BILLING CODE 6720–01–P TENNESSEE VALLEY AUTHORITY [Meeting No. 10–01] Sunshine Act Meeting Notice The TVA Board of Directors will hold a public meeting on February 11, 2010, at the Holiday Inn Hotel and Suites, Bristol Convention Center, Ballrooms B/ C, 3005 Linden Drive, Bristol, Virginia 24202, to consider the matters listed below. The public may comment on any agenda item or subject at a public listening session which begins at 8:30 a.m. Immediately following the end of the public listening session, the meeting will be called to order to consider the agenda items listed below. Please Note: PO 00000 Frm 00095 Fmt 4703 Sfmt 9990 6435 Speakers must pre-register online at TVA.gov or sign in before the meeting begins at 8:30 a.m. on the day of the meeting. The Board will answer questions from the news media following the Board meeting. STATUS: Open. Agenda Old Business Approval of minutes of November 19, 2009, Board Meeting. New Business 1. Chairman’s Report. 2. President’s Report. 3. Report of the Finance, Strategy, Rates, and Administration Committee: A. Winning Performance/Long-Term Incentive Compensation for Fiscal Year 2010. B. Executive Compensation. C. Extension of interim jointownership arrangements with Seven States Corporation for Southaven Power Plant. 4. Report of the Operations, Environment, and Safety Committee: A. TVA Transmission Standards of Conduct. 5. Report of the Audit, Governance, and Ethics Committee. 6. Report of the Community Relations and Energy Efficiency Committee. For more information: Please call TVA Media Relations at (865) 632–6000, Knoxville, Tennessee. People who plan to attend the meeting and have special needs should call (865) 632–6000. Anyone who wishes to comment on any of the agenda in writing may send their comments to: TVA Board of Directors, Board Agenda Comments, 400 West Summit Hill Drive, Knoxville, Tennessee 37902. February 4, 2010. Maureen H. Dunn, General Counsel and Secretary. [FR Doc. 2010–2902 Filed 2–5–10; 11:15 am] BILLING CODE 8120–08–P E:\FR\FM\09FEN1.SGM 09FEN1

Agencies

[Federal Register Volume 75, Number 26 (Tuesday, February 9, 2010)]
[Notices]
[Pages 6434-6435]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-2719]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Procedures for Monitoring Secrecy Act Compliance

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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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 comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before April 12, 2010.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS 
will post comments and the related index on the OTS Internet site at  
http://www.ots.treas.gov. In addition, interested persons may inspect 
comments at the Public Reading Room, 1700 G Street, NW., and by 
appointment. To make an appointment, call (202) 906-5922, send an e-
mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to 
(202) 906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Louise Batdorf (202) 
906-7087, Office of Thrift Supervision, 1700 G Street, NW., Washington, 
DC 20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.

[[Page 6435]]

    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
the following information collection:
    Title of Proposal: Procedures for Monitoring Bank Secrecy Act 
Compliance.
    OMB Number: 1550-0041.
    Form Numbers: N/A.
    Regulation requirement: 12 CFR Parts 563.177 and 563.180.
    Description: In 1970, Congress passed the Currency and Foreign 
Transactions Report Act commonly known as the `Bank Secrecy Act' 
(``BSA''). The Money Laundering Control Act of 1986 further augmented 
the BSA's effectiveness by adding interrelated sections 8(s) and 21 to 
the Federal Deposit Insurance Act, which applies to savings 
associations. Specifically, Section 1359 of the Anti-Drug Abuse Act of 
1986, Public Law 99-570 (``Act''), required the former Federal Home 
Loan Bank Board (``FHLBB'') to prescribe regulations requiring 
regulated institutions to establish and maintain procedures reasonably 
designed to assure and monitor compliance with the BSA and the U.S. 
Department of Treasury regulation 31 CFR part 103. The Office of Thrift 
Supervision (``OTS'') is charged with the responsibility to examine 
savings association procedures periodically to ensure their 
effectiveness; OTS is therefore subject to the Act. See 12 CFR 563.177 
and 563.180. The requirement that savings associations establish 
written BSA compliance procedures is a one-time event, but revisions to 
those procedures must occur as deemed necessary.
    OTS examiners review the written procedures during examinations in 
order to ensure the implementation of adequate systems for complying 
with the BSA and its implementing regulations.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 765.
    Estimated Burden Hours per Response: 40 hours.
    Estimated Frequency of Response: Annually.
    Estimated Total Burden: 30,600 hours.

    Dated: February 3, 2010.
Ira L. Mills,
Paperwork Clearance Officer, Office of Thrift Supervision.
[FR Doc. 2010-2719 Filed 2-8-10; 8:45 am]
BILLING CODE 6720-01-P