Privacy Act of 1974; Implementation, 4816-4817 [2011-1775]
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4816
Federal Register / Vol. 76, No. 18 / Thursday, January 27, 2011 / Rules and Regulations
With respect to amending the
disclosures related to Section 343, the
FDIC asserts that the economic impact
on all small entities participating in the
program (regardless of whether they
currently pay a fee) is de minimis in
nature and is outweighed by the
economic benefit of additional
insurance coverage.
Accordingly, the final rule does not
have a significant economic impact on
a substantial number of small entities.
D. The Treasury and General
Government Appropriations Act, 1999—
Assessment of Federal Regulations and
Policies on Families
The FDIC has determined that the
final rule will not affect family wellbeing within the meaning of section 654
of the Treasury and General
Government Appropriations Act,
enacted as part of the Omnibus
Consolidated and Emergency
Supplemental Appropriations Act of
1999 (Pub. L. 105–277, 112 Stat. 2681).
E. Small Business Regulatory
Enforcement Fairness Act
The Office of Management and Budget
has determined that the final rule is not
a ‘‘major rule’’ within the meaning of the
relevant sections of the Small Business
Regulatory Enforcement Act of 1996
(‘‘SBREFA’’) (5 U.S.C. 801 et seq.). As
required by SBREFA, the FDIC will file
the appropriate reports with Congress
and the General Accounting Office so
that the final rule may be reviewed.
F. Plain Language
Section 722 of the Gramm-LeachBliley Act (Pub. L. 106–102, 113 Stat.
1338, 1471), requires the Federal
banking agencies to use plain language
in all proposed and final rules
published after January 1, 2000. The
FDIC has sought to present the final rule
in a simple and straightforward manner,
and has previously made revisions to
the proposed rule in response to
commenter concerns seeking
clarification of the application of the
deposit insurance rules.
erowe on DSK5CLS3C1PROD with RULES
List of Subjects in 12 CFR Part 330
Bank deposit insurance, Banks,
Banking, Reporting and recordkeeping
requirements, Savings and loan
associations, Trusts and trustees.
For the reasons stated above, the
Board of Directors of the Federal
Deposit Insurance Corporation hereby
amends part 330 of title 12 of the Code
of Federal Regulations as follows:
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14:37 Jan 26, 2011
Jkt 223001
PART 330—DEPOSIT INSURANCE
COVERAGE
1. The authority citation for part 330
continues to read as follows:
■
Authority: 12 U.S.C. 1813(1), 1813(m),
1817(i), 1818(q), 1819 (Tenth), 1820(f),
1821(a), 1822(c).
2. In § 330.1, paragraph (r) is revised
to read as follows:
■
§ 330.1.
Definitions.
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(r) Noninterest-bearing transaction
account means—
(1) A deposit or account maintained at
an insured depository institution—
(i) With respect to which interest is
neither accrued nor paid;
(ii) On which the depositor or account
holder is permitted to make
withdrawals by negotiable or
transferable instrument, payment orders
of withdrawal, telephone or other
electronic media transfers, or other
similar items for the purpose of making
payments or transfers to third parties or
others; and
(iii) On which the insured depository
institution does not reserve the right to
require advance notice of an intended
withdrawal; and
(2) A trust account established by an
attorney or law firm on behalf of a
client, commonly known as an Interest
on Lawyers Trust Account, or a
functionally equivalent account, as
determined by the Corporation.
■ 3. In § 330.16, revise paragraphs (c)(1)
and (c)(2) to read as follows:
interest. It also includes Interest on Lawyers
Trust Accounts (‘‘IOLTAs’’). It does not
include other accounts, such as traditional
checking or demand deposit accounts that
may earn interest, NOW accounts, and
money-market deposit accounts.
For more information about temporary
FDIC insurance coverage of transaction
accounts, visit www.fdic.gov.
(2) Institutions participating in the
FDIC’s Transaction Account Guarantee
Program on December 31, 2010, must
provide a notice by mail to depositors
with negotiable order of withdrawal
accounts that are protected in full as of
that date under the Transaction Account
Guarantee Program that, as of January 1,
2011, such accounts no longer will be
eligible for unlimited protection. This
notice must be provided to such
depositors no later than December 31,
2010.
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*
Dated at Washington, DC, this 18th day of
January 2011.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2011–1732 Filed 1–26–11; 8:45 am]
BILLING CODE 6741–01–P
DEPARTMENT OF THE TREASURY
Office of the Secretary
31 CFR Part 1
RIN 1505–AC27
§ 330.16 Noninterest-bearing transaction
accounts.
Privacy Act of 1974; Implementation
*
AGENCY:
*
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*
(c) * * *
(1) By no later than February 28, 2011,
each depository institution that offers
noninterest-bearing transaction accounts
must post prominently the following
notice in the lobby of its main office, in
each domestic branch and, if it offers
Internet deposit services, on its Web
site:
NOTICE OF CHANGES IN TEMPORARY
FDIC INSURANCE COVERAGE FOR
TRANSACTION ACCOUNTS
All funds in a ‘‘noninterest-bearing
transaction account’’ are insured in full by
the Federal Deposit Insurance Corporation
from December 31, 2010, through December
31, 2012. This temporary unlimited coverage
is in addition to, and separate from, the
coverage of at least $250,000 available to
depositors under the FDIC’s general deposit
insurance rules.
The term ‘‘noninterest-bearing transaction
account’’ includes a traditional checking
account or demand deposit account on which
the insured depository institution pays no
PO 00000
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ACTION:
Departmental Offices, Treasury.
Final rule.
In accordance with the
requirements of the Privacy Act of 1974,
the Department of the Treasury gives
notice of an amendment to update its
Privacy Act regulations, and to add an
exemption from certain provisions of
the Privacy Act for a system of records
related to the Office of Foreign Assets
Control (OFAC).
DATES: Effective Date: January 27, 2011.
FOR FURTHER INFORMATION CONTACT:
Assistant Director, Disclosure Services,
Office of Foreign Assets Control,
Department of the Treasury, 1500
Pennsylvania Avenue, NW.,
Washington, DC 20220, tel.: 202–622–
2510 (not a toll free number), or Chief
Counsel (Foreign Assets Control), Office
of General Counsel, Department of the
Treasury, 1500 Pennsylvania Avenue,
NW., Washington, DC 20220, tel.: 202–
622–2410 (not a toll free number).
SUMMARY:
E:\FR\FM\27JAR1.SGM
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Federal Register / Vol. 76, No. 18 / Thursday, January 27, 2011 / Rules and Regulations
The
Departmental Offices published a
system of records notice on October 6,
2010, at 75 FR 61853, consolidating
three systems of records into one
entitled ‘‘Treasury/DO .120—Records
Related to Office of Foreign Assets
Control Economic Sanctions.’’
On October 13, 2010, the Department
published, at 75 FR 62737, a proposed
rule amending § 1.26(g)(6)(ii)(A) to
update the reference to applicable
Executive Orders by referencing
Executive Orders 12958, 13526, or
successor or prior Executive Orders as
may be necessary. The proposed rule
also exempted the system of records
from provisions of the Privacy Act
pursuant to 5 U.S.C. 552a(k)(1).
The proposed rule created a new table
in paragraph 31 CFR 1.36(e)(1) under
the heading designated as ‘‘(i)
Departmental Offices:’’. The system of
records entitled ‘‘DO .120—Records
Related to Office of Foreign Assets
Control Economic Sanctions’’ will be
added to the table under (i). The current
heading ‘‘Financial Crimes Enforcement
Network:’’ and the associated table are
designated as ‘‘(ii).’’
The proposed rule requested that
public comments be submitted to the
Assistant Director, Disclosure Services,
OFAC, Department of the Treasury,
1500 Pennsylvania Avenue, NW.,
Washington, DC 20220. The Department
did not receive comments on the
proposed rule. Accordingly the
Department is hereby giving notice that
the system of records entitled ‘‘Treasury/
DO .120—Records Related to Office of
Foreign Assets Control Economic
Sanctions’’ is exempt from provisions of
the Privacy Act, pursuant to 5 U.S.C.
552a(k)(1) as set forth in the proposed
rule.
This final rule is not a ‘‘significant
regulatory action’’ under Executive
Order 12866.
A notice amending the Privacy Act
system of records entitled ‘‘Treasury/DO
.120—Records Related to Office of
Foreign Assets Control Economic
Sanctions’’ will be published separately
in the Federal Register.
Pursuant to the requirements of the
Regulatory Flexibility Act (RFA), 5
U.S.C. 601–612, it is hereby certified
that this rule will not have significant
economic impact on a substantial
number of small entities. The term
‘‘small entity’’ is defined to have the
same meaning as the terms ‘‘small
business,’’ ‘‘small organization,’’ and
‘‘small governmental jurisdiction,’’ as
defined in the RFA.
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SUPPLEMENTARY INFORMATION:
List of Subjects in 31 CFR Part 1
Privacy.
VerDate Mar<15>2010
14:37 Jan 26, 2011
Jkt 223001
Part 1, Subpart C of Title 31 of the
Code of Federal Regulations, is
amended as follows:
PART 1—[AMENDED]
1. The authority citation for part 1
continues to read as follows:
■
Authority: 5 U.S.C. 301 and 31 U.S.C. 321.
Subpart A also issued under 5 U.S.C. 552, as
amended. Subpart C also issued under 5
U.S.C. 552a, as amended.
Subpart C—Privacy Act
2. Section 1.26 is amended by revising
the first sentence in paragraph
(g)(6)(ii)(A) to read as follows:
■
§ 1.26 Procedures for notification and
access to records pertaining to
individuals—format and fees for request for
access.
*
*
*
*
*
(g) * * *
(6) * * *
(ii) * * *
(A) Requests for information classified
pursuant to Executive Orders 12958,
13526, or successor or prior Executive
Orders require the responsible
component of the Department to review
the information to determine whether it
continues to warrant classification
pursuant to an Executive Order. * * *
*
*
*
*
*
■ 3. Section 1.36 is amended by revising
paragraphs (e) and (f) to read as follows:
§ 1.36 Systems exempt in whole or in part
from provisions of 5 U.S.C. 522a and this
part.
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*
(e) Specific exemptions under 5
U.S.C. 552a(k)(1). (1) Under 5 U.S.C.
552a(k)(1), the head of any agency may
promulgate rules to exempt any system
of records within the agency from
certain provisions of the Privacy Act to
the extent that the system contains
information subject to the provisions of
5 U.S.C. 552(b)(1). This paragraph
applies to the following systems of
records maintained by the Department
of the Treasury:
(i) Departmental Offices:
Number
System name
DO .120 ..
Records Related to Office of Foreign Assets Control Economic
Sanctions.
(ii) Financial Crimes Enforcement
Network:
Number
FinCEN
.001.
PO 00000
Frm 00017
System name
FinCEN Database.
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4817
(2) The Department of the Treasury
hereby exempts the systems of records
listed in paragraph (e)(1) of this section
from the following provisions of 5
U.S.C. 552a, pursuant to 5 U.S.C.
552a(k)(1): 5 U.S.C. 552a(c)(3), 5 U.S.C.
552a(d)(1), (2), (3), and (4), 5 U.S.C.
552a(e)(1), 5 U.S.C. 552a(e)(4)(G), (H),
and (I), and 5 U.S.C. 552a(f).
(f) Reasons for exemptions under 5
U.S.C. 552a(k)(1). The reason for
invoking the exemption is to protect
material authorized to be kept secret in
the interest of national defense or
foreign policy pursuant to Executive
Orders 12958, 13526, or successor or
prior Executive Orders.
*
*
*
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*
Dated: January 7, 2011.
Melissa Hartman,
Deputy Assistant Secretary for Privacy,
Transparency, and Records.
[FR Doc. 2011–1775 Filed 1–26–11; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 117
[Docket No. USCG–2011–0009]
Drawbridge Operation Regulations;
Chelsea River, Chelsea and East
Boston, MA
Coast Guard, DHS.
Notice of temporary deviation
from regulations.
AGENCY:
ACTION:
The Commander, First Coast
Guard District, has issued a temporary
deviation from the regulation governing
the operation of the P.J. McArdle Bridge
across the Chelsea River, mile 0.3,
between Chelsea and East Boston,
Massachusetts. The deviation is
necessary to facilitate a public event.
This deviation allows the bridge to
remain in the closed position.
DATES: This deviation is effective from
8 a.m. through 5 p.m. on May 21, 2011.
ADDRESSES: Documents mentioned in
this preamble as being available in the
docket are part of docket USCG–2011–
0009 and are available online at
https://www.regulations.gov, inserting
USCG–2011–0009 in the ‘‘Keyword’’ and
then clicking ‘‘Search.’’ They are also
available for inspection or copying at
the Docket Management Facility (M–30),
U.S. Department of Transportation,
West Building Ground Floor, Room
W12–140, 1200 New Jersey Avenue, SE.,
Washington, DC 20590, between 9 a.m.
SUMMARY:
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]]>Agencies
[Federal Register Volume 76, Number 18 (Thursday, January 27, 2011)]
[Rules and Regulations]
[Pages 4816-4817]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-1775]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Secretary
31 CFR Part 1
RIN 1505-AC27
Privacy Act of 1974; Implementation
AGENCY: Departmental Offices, Treasury.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: In accordance with the requirements of the Privacy Act of
1974, the Department of the Treasury gives notice of an amendment to
update its Privacy Act regulations, and to add an exemption from
certain provisions of the Privacy Act for a system of records related
to the Office of Foreign Assets Control (OFAC).
DATES: Effective Date: January 27, 2011.
FOR FURTHER INFORMATION CONTACT: Assistant Director, Disclosure
Services, Office of Foreign Assets Control, Department of the Treasury,
1500 Pennsylvania Avenue, NW., Washington, DC 20220, tel.: 202-622-2510
(not a toll free number), or Chief Counsel (Foreign Assets Control),
Office of General Counsel, Department of the Treasury, 1500
Pennsylvania Avenue, NW., Washington, DC 20220, tel.: 202-622-2410 (not
a toll free number).
[[Page 4817]]
SUPPLEMENTARY INFORMATION: The Departmental Offices published a system
of records notice on October 6, 2010, at 75 FR 61853, consolidating
three systems of records into one entitled ``Treasury/DO .120--Records
Related to Office of Foreign Assets Control Economic Sanctions.''
On October 13, 2010, the Department published, at 75 FR 62737, a
proposed rule amending Sec. 1.26(g)(6)(ii)(A) to update the reference
to applicable Executive Orders by referencing Executive Orders 12958,
13526, or successor or prior Executive Orders as may be necessary. The
proposed rule also exempted the system of records from provisions of
the Privacy Act pursuant to 5 U.S.C. 552a(k)(1).
The proposed rule created a new table in paragraph 31 CFR
1.36(e)(1) under the heading designated as ``(i) Departmental
Offices:''. The system of records entitled ``DO .120--Records Related
to Office of Foreign Assets Control Economic Sanctions'' will be added
to the table under (i). The current heading ``Financial Crimes
Enforcement Network:'' and the associated table are designated as
``(ii).''
The proposed rule requested that public comments be submitted to
the Assistant Director, Disclosure Services, OFAC, Department of the
Treasury, 1500 Pennsylvania Avenue, NW., Washington, DC 20220. The
Department did not receive comments on the proposed rule. Accordingly
the Department is hereby giving notice that the system of records
entitled ``Treasury/DO .120--Records Related to Office of Foreign
Assets Control Economic Sanctions'' is exempt from provisions of the
Privacy Act, pursuant to 5 U.S.C. 552a(k)(1) as set forth in the
proposed rule.
This final rule is not a ``significant regulatory action'' under
Executive Order 12866.
A notice amending the Privacy Act system of records entitled
``Treasury/DO .120--Records Related to Office of Foreign Assets Control
Economic Sanctions'' will be published separately in the Federal
Register.
Pursuant to the requirements of the Regulatory Flexibility Act
(RFA), 5 U.S.C. 601-612, it is hereby certified that this rule will not
have significant economic impact on a substantial number of small
entities. The term ``small entity'' is defined to have the same meaning
as the terms ``small business,'' ``small organization,'' and ``small
governmental jurisdiction,'' as defined in the RFA.
List of Subjects in 31 CFR Part 1
Privacy.
Part 1, Subpart C of Title 31 of the Code of Federal Regulations,
is amended as follows:
PART 1--[AMENDED]
0
1. The authority citation for part 1 continues to read as follows:
Authority: 5 U.S.C. 301 and 31 U.S.C. 321. Subpart A also
issued under 5 U.S.C. 552, as amended. Subpart C also issued under 5
U.S.C. 552a, as amended.
Subpart C--Privacy Act
0
2. Section 1.26 is amended by revising the first sentence in paragraph
(g)(6)(ii)(A) to read as follows:
Sec. 1.26 Procedures for notification and access to records
pertaining to individuals--format and fees for request for access.
* * * * *
(g) * * *
(6) * * *
(ii) * * *
(A) Requests for information classified pursuant to Executive
Orders 12958, 13526, or successor or prior Executive Orders require the
responsible component of the Department to review the information to
determine whether it continues to warrant classification pursuant to an
Executive Order. * * *
* * * * *
0
3. Section 1.36 is amended by revising paragraphs (e) and (f) to read
as follows:
Sec. 1.36 Systems exempt in whole or in part from provisions of 5
U.S.C. 522a and this part.
* * * * *
(e) Specific exemptions under 5 U.S.C. 552a(k)(1). (1) Under 5
U.S.C. 552a(k)(1), the head of any agency may promulgate rules to
exempt any system of records within the agency from certain provisions
of the Privacy Act to the extent that the system contains information
subject to the provisions of 5 U.S.C. 552(b)(1). This paragraph applies
to the following systems of records maintained by the Department of the
Treasury:
(i) Departmental Offices:
------------------------------------------------------------------------
Number System name
------------------------------------------------------------------------
DO .120................................ Records Related to Office of
Foreign Assets Control
Economic Sanctions.
------------------------------------------------------------------------
(ii) Financial Crimes Enforcement Network:
------------------------------------------------------------------------
Number System name
------------------------------------------------------------------------
FinCEN .001............................ FinCEN Database.
------------------------------------------------------------------------
(2) The Department of the Treasury hereby exempts the systems of
records listed in paragraph (e)(1) of this section from the following
provisions of 5 U.S.C. 552a, pursuant to 5 U.S.C. 552a(k)(1): 5 U.S.C.
552a(c)(3), 5 U.S.C. 552a(d)(1), (2), (3), and (4), 5 U.S.C.
552a(e)(1), 5 U.S.C. 552a(e)(4)(G), (H), and (I), and 5 U.S.C. 552a(f).
(f) Reasons for exemptions under 5 U.S.C. 552a(k)(1). The reason
for invoking the exemption is to protect material authorized to be kept
secret in the interest of national defense or foreign policy pursuant
to Executive Orders 12958, 13526, or successor or prior Executive
Orders.
* * * * *
Dated: January 7, 2011.
Melissa Hartman,
Deputy Assistant Secretary for Privacy, Transparency, and Records.
[FR Doc. 2011-1775 Filed 1-26-11; 8:45 am]
BILLING CODE 4810-25-P
