Proposed Collection; Comment Request; Renewal With Changes to a Currently Approved Collection; the Registration of Money Services Business (MSB), FinCEN Report 107, To Incorporate Changes to the MSB Definitions and Add Provisions for Prepaid Access, 62149-62164 [2011-25607]

Download as PDF Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices [FR Doc. 2011–25775 Filed 10–5–11; 8:45 am] participate. Discovery will close on November 29, 2011. Opening evidence and argument from all PORs is due on January 13, 2012. Reply evidence and argument from all PORs is due on February 27, 2012. Rebuttal evidence and argument from all PORs is due on March 13, 2012. BILLING CODE 4910–59–P ADDRESSES: technology. A comment to OMB is most effective if OMB receives it within 30 days of publication of this notice. Issued in Washington, DC, on September 29, 2011. Walter Bohorfoush, Director, Office of Systems Integration. DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. NOR 42129; Docket No. FD 35517] American Chemistry Council, The Chlorine Institute, Inc., the Fertilizer Institute, and PPG Industries, Inc. v. Alabama Gulf Coast Railway and RailAmerica, Inc.; CF Industries, Inc. v. Indiana & Ohio Railway, the Point Comfort and Northern Railway, and the Michigan Shore Railroad—Petition for Declaratory Order AGENCY: Surface Transportation Board, DOT. Institution of declaratory order proceeding; request for comments. ACTION: In response to a petition filed by CF Industries, Inc. (CF) on May 17, 2011, the Board is instituting a declaratory order proceeding under 49 U.S.C. 721 and 5 U.S.C. 554(e). CF requests that the Board declare invalid and unenforceable certain tariffs addressing the movement of Toxic-byInhalation Hazardous materials and Poison-by-Inhalation Hazardous materials (TIH/PIH) issued by 3 subsidiaries of RailAmerica, Inc. (RailAmerica): The Indiana & Ohio Railway Company, the Point Comfort and Northern Railway Company and the Michigan Shore Railroad, Inc. (collectively, the RailAmerica railroads). This proceeding will also develop the record with respect to a complaint filed by another shipper and several trade associations in Docket No. NOR 42129, which raises similar issues regarding the handling of TIH/PIH by another RailAmerica subsidiary.1 The Board seeks public comment on the issues raised in both cases. DATES: Any person who wishes to participate in this proceeding as a party of record (POR) must file, no later than October 17, 2011, a notice of intent to mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: 1 In Docket No. NOR 42129, the complainants are American Chemistry Council, The Chlorine Institute, Inc., The Fertilizer Institute (TFI), and PPG Industries, Inc. (collectively, the NOR 42129 complainants), and the defendants are Alabama Gulf Coast Railway LLC and RailAmerica (collectively, the NOR 42129 defendants). VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 Any filing submitted in this proceeding must be submitted either via the Board’s e-filing format or in the traditional paper format. Any person using e-filing should attach a document and otherwise comply with the instructions at the E-FILING link on the Board’s Web site, at http:// www.stb.dot.gov. Any person submitting a filing in the traditional paper format should send an original and 10 copies (and also an electronic version), referring Docket No. FD 35517, to: Surface Transportation Board, 395 E Street, SW., Washington, DC 20423– 0001. In addition, 1 copy of each filing in this proceeding must be sent (and may be sent by e-mail if service by email is acceptable to the recipient) to each of the following (1) Patrick E. Groomes, Fulbright & Jaworski, L.L.P., 801 Pennsylvania Avenue, NW., Washington, DC 20004–2623, pgroomes@fulbright.com (representing CF); (2) Louis E. Gitomer, Law Offices of Louis E. Gitomer, 600 Baltimore Avenue, Suite 301, Towson, MD 21204, Lou@lgraillaw.com (representing the RailAmerica railroads and the defendants in Docket No. NOR 42129); (3) Paul M. Donovan, LaRoe, Winn, Moerman & Donovan, 1250 Connecticut Avenue, NW., Suite 200, Washington, DC 20036, paul.donovan@laroelaw.com (representing the complainants in Docket No. NOR 42129); (4) Jeffrey O. Moreno, Thompson Hine LLP, 1920 N Street, NW., Washington, DC 20036, jeff.moreno@thompsonhine.com (representing TFI); and (5) any other person designated as a POR on the service-list notice (as explained in the Board’s decision served on September 30, 2011, in Docket Nos. FD 35517 and NOR 42129 2). Julia Farr, (202) 245–0359. Assistance for the hearing impaired is available through the Federal Information Relay Service (FIRS) at: 1– 800–877–8339. Copies of written comments will be available for viewing and self-copying at the Board’s Public Docket Room, Room 131, and will be posted to the Board’s Web site. FOR FURTHER INFORMATION CONTACT: 2 The service-list notice will be issued as soon after October 17, 2011, as practicable. PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 62149 CF and the NOR 42129 complainants challenge certain requirements for rail transportation of TIH/PIH promulgated by RailAmerica and several of its railroad subsidiaries. Under 5 U.S.C. 554(e), the Board has discretionary authority to issue a declaratory order to terminate a controversy or remove uncertainty. A declaratory order proceeding is thus instituted in this docket to invite broad public comment on the issues raised in Docket Nos. FD 35517 and NOR 42129. Any person seeking to comment on CF’s petition in Docket No. FD 35517 or the complaint in Docket No. NOR 42129 may submit written comments to the Board (pursuant to the schedule and procedures set forth in this notice) regarding the reasonableness of the challenged TIH/PIH transportation requirements. For further information, please see the Board’s decision served on September 30, 2011, in Docket Nos. FD 35517 and NOR 42129. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. SUPPLEMENTARY INFORMATION: Decided: September 28, 2011. By the Board, Chairman Elliott, Vice Chairman Begeman, and Commissioner Mulvey. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2011–25848 Filed 10–5–11; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Financial Crimes Enforcement Network Proposed Collection; Comment Request; Renewal With Changes to a Currently Approved Collection; the Registration of Money Services Business (MSB), FinCEN Report 107, To Incorporate Changes to the MSB Definitions and Add Provisions for Prepaid Access Financial Crimes Enforcement Network (‘‘FinCEN’’), Treasury. ACTION: Notice and request for comments. AGENCY: As part of its continuing effort to reduce paperwork and respondent burden, FinCEN invites comment on a proposed information collection contained in a revised form, Registration of Money Services Business, FinCEN Form 107. The form will be used by dealers in foreign exchange; check cashers; issuers, sellers, and redeemers of traveler’s checks and money orders; providers of prepaid access; and money transmitters to register with the SUMMARY: E:\FR\FM\06OCN1.SGM 06OCN1 mstockstill on DSK4VPTVN1PROD with NOTICES 62150 Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices Department of the Treasury as required by statute. This request for comments is being made pursuant to the Paperwork Reduction Act of 1995, Public Law 104– 13, 44 U.S.C. 3506(c)(2)(A). DATES: Written comments are welcome and must be received on or before December 5, 2011. ADDRESSES: Written comments should be submitted to: Office of Regulatory Policy and Programs Division, Financial Crimes Enforcement Network, Department of the Treasury, P.O. Box 39, Vienna, Virginia 22183, Attention: PRA Comments—MSB Registration— Form 107. Comments also may be submitted by electronic mail to the following Internet address: regcomments@fincen.gov, again with a caption, in the body of the text, ‘‘Attention: PRA Comments—MSB Registration—Form 107.’’ Inspection of comments: Comments may be inspected, between 10 a.m. and 4 p.m., in the FinCEN reading room in Vienna, VA. Persons wishing to inspect the comments submitted must request an appointment with the Disclosure Officer by telephoning (703) 905–5034 (Not a toll free call). FOR FURTHER INFORMATION CONTACT: The FinCEN Regulatory helpline at (800) 949–2732 and select Option 1. SUPPLEMENTARY INFORMATION: Title: Registration of Money Services Business. OMB Number: 1506–0013. Form Number: FinCEN Form 107. Abstract: The statute generally referred to as the ‘‘Bank Secrecy Act,’’ (‘‘BSA’’) 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. 5311–5330, authorizes the Secretary of the Treasury, inter alia, to issue regulations requiring records and reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory matters. Regulations implementing Title II of the BSA (codified at 31 U.S.C. 5311–5330) appear at 31 CFR chapter X. The authority of the Secretary to administer the BSA has been delegated to the Director of FinCEN. Under 31 U.S.C. 5330 and its implementing regulations, money services businesses must register with the Department of the Treasury, maintain a list of their agents, and renew their registration every two years. Currently, money services businesses register by filing FinCEN Form 107, which is being revised to incorporate changes to the MSB definitions 1 and provide for prepaid access program 2 1 See 76 FR 43585, dated July 21, 2011. 2 See 76 FR 45403, dated July 29, 2011. VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 information. The information collected on the form is required to comply with 31 U.S.C. 5330 and its implementing regulations. The information will be used to assist supervisory and law enforcement agencies in the enforcement of criminal, tax, and regulatory laws and to prevent money services businesses from being used by those engaging in money laundering, terrorist financing and other illicit financial crimes. The collection of information is mandatory. Current Actions: The current FinCEN Form 107 and instructions are being revised to update the information collection tool as follows: Part I adds Item 1e, RMSB Registration number for all but initial registrations. Part II expands Item 3 into separate fields to record last name/entity, adds a check box to indicate ‘‘if entity,’’ adds first name and middle initial boxes. In Item 6, adds AKA to the DBA entry, adds a box to indicate a foreign country, adds a box to indicate the type of taxpayer identification number (TIN), adds a space for recording a Web site (URL) address if available, and adds spaces to identify the name and phone number of the compliance contact person for the MSB. Part III repeats the same name entry expansion, TIN and TIN type as in part II. E-mail address and Web site info is added and removes ID information box 23 on the current form. Part IV adds a check box to indicate foreign locations, adds to the MSB services provided check boxes to indicate seller of prepaid access and provider of prepaid access, and updates the existing terminology to match the new MSB definitions. Added to part IV is an entry to list financial services being provided that are in addition to those already indicated. Added in part IV are a series of information boxes regarding prepaid access that are to be completed if the registrant is a provider of prepaid access. This revision adds the name of the prepaid program, the IIN/ BIN (first six numbers), the name of the processor, and compliance point of contact to include the phone number and provides a check box to indicate if the listed program is useable internationally. This revision updates part IV to clarify reporting the number of U.S. agents providing MSB services. Part V, Primary Transaction Account for MSB Activities, adds depository institution routing number, depository institution IBAN if foreign, country code, type of financial institution (depository institution, non-depository or foreign) in addition to existing information. PO 00000 Frm 00116 Fmt 4703 Sfmt 4703 Parts VI and VII change the name to add, respectively, address and signature of the Agent for Service of Process. Type of Review: Renewal with change of a currently approved collection report. Affected public: Individuals, business or other for-profit institutions, and notfor-profit institutions. Frequency: Every two years.3 Estimated Burden: Reporting average of 30 minutes per response; recordkeeping average of 30 minutes per response. Estimated number of respondents: 44,300. Estimated Total Annual Burden Hours: 22,150 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 Office of Management and Budget (OMB) control number. Records required to be retained under the BSA must be retained for five years. Generally, information collected pursuant to the BSA is confidential, but may be shared as provided by law with regulatory and law enforcement authorities. 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; (e) estimates of capital or start-up costs and costs of operation, maintenance and purchase of services to provide information; (f) whether it is a business practice for providers of prepaid access to contract with more than one payment processor and if so, please explain why and how many; and (g) any other aspect of the revised form and instructions. Dated: September 26, 2011. Nicholas Colucci, Acting Director, Financial Crimes Enforcement Network. BILLING CODE 4810–02–P 3 Per E:\FR\FM\06OCN1.SGM 31 CFR 1022.380(b)(2). 06OCN1 VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00117 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 62151 en06oc11.002</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices VerDate Mar<15>2010 Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00118 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 en06oc11.003</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES 62152 VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00119 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 62153 en06oc11.004</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices VerDate Mar<15>2010 Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00120 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 en06oc11.005</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES 62154 VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00121 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 62155 en06oc11.006</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices VerDate Mar<15>2010 Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00122 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 en06oc11.007</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES 62156 VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00123 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 62157 en06oc11.008</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices VerDate Mar<15>2010 Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00124 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 en06oc11.009</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES 62158 VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00125 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 62159 en06oc11.010</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices VerDate Mar<15>2010 Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00126 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 en06oc11.011</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES 62160 VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00127 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 62161 en06oc11.012</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices VerDate Mar<15>2010 Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00128 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 en06oc11.013</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES 62162 VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 PO 00000 Frm 00129 Fmt 4703 Sfmt 4725 E:\FR\FM\06OCN1.SGM 06OCN1 62163 en06oc11.014</GPH> mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices 62164 Federal Register / Vol. 76, No. 194 / Thursday, October 6, 2011 / Notices BILLING CODE 4810–02–C DEPARTMENT OF VETERANS AFFAIRS VASRD Improvement Forum— Updating Disability Criteria for the Respiratory System, Cardiovascular System, Hearing Impairment, and Ear, Nose and Throat Diseases Department of Veterans Affairs. Notice of meeting. AGENCY: ACTION: The Veterans Benefits Administration (VBA) and Veterans Health Administration (VHA) will cohost the Department of Veterans Affairs (VA) Schedule for Rating Disabilities (VASRD) Improvement Forum— Updating Disability Criteria for the Respiratory System, Cardiovascular System, Hearing Impairment, and Ear, Nose and Throat Diseases. The purpose of this VASRD Improvement Forum is to capture public comment and current medical science information from presentations made by subject matter experts. VA plans to use this information to update the sections of the VASRD that pertain to the following mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 16:07 Oct 05, 2011 Jkt 226001 four body systems: (1) Respiratory System (38 CFR 4.96–4.97), (2) the Cardiovascular System (38 CFR 4.100– 4.104), (3) the Impairment of Auditory Acuity (38 CFR 4.85 and 4.86) and (4) Ear, Nose and Throat Diseases (38 CFR 4.87 and 4.97 currently under Schedule of Respiratory System). Specifically, diagnostic code descriptors and evaluation criteria will be discussed. Contingent upon available capacity and time, individuals wishing to make oral statements will be accommodated on a first-come, first-served basis. DATES: The plenary session on Tuesday, October 11, 2011, will cover hearing impairment and diseases of the ear, nose and throat and auditory acuity. The plenary session on Thursday, October 13, 2011, will cover the respiratory system. The plenary session on Tuesday, October 18, 2011, will cover the cardiovascular system. All plenary sessions will be held at the VHA New York Harbor Health Care System, Manhattan Campus from 8:30 a.m.–4:30 p.m. Work group meetings for the corresponding VASRD systems will be held the day following the plenary sessions from 8:30–4:30 p.m. at the VBA New York Regional Office. The Auditory Acuity and Ear, Nose and PO 00000 Frm 00130 Fmt 4703 Sfmt 9990 Throat Diseases Work Group meeting will take place on Wednesday, October 12, 2011, the Respiratory System Work Group will meet on Friday, October 14, 2011, and on Wednesday, October 19 and Thursday, October 20, 2011, the Cardiovascular Work Group will meet. The plenary sessions will be held at the VHA New York Harbor Healthcare System, Manhattan Campus, located at 423 East 23 Street, New York, NY 10010, and the work group meetings will occur at the VBA New York Regional office located at 245 West Houston Street, New York, NY 10014. ADDRESSES: Dr. Nick Olmos-Lau, M.D., Regulation Staff (211D), Compensation Service, Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420. Anyone wishing to attend these meetings or seeking additional information may also contact Dr. OlmosLau at (202) 461–9695 or Nick.OlmosLau@va.gov. FOR FURTHER INFORMATION CONTACT: Dated: September 29, 2011. John R. Gingrich, Chief of Staff, Department of Veterans Affairs. [FR Doc. 2011–25780 Filed 10–5–11; 8:45 am] BILLING CODE 8320–01–P E:\FR\FM\06OCN1.SGM 06OCN1 en06oc11.015</GPH> [FR Doc. 2011–25607 Filed 10–5–11; 8:45 am]

Agencies

[Federal Register Volume 76, Number 194 (Thursday, October 6, 2011)]
[Notices]
[Pages 62149-62164]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-25607]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Financial Crimes Enforcement Network


Proposed Collection; Comment Request; Renewal With Changes to a 
Currently Approved Collection; the Registration of Money Services 
Business (MSB), FinCEN Report 107, To Incorporate Changes to the MSB 
Definitions and Add Provisions for Prepaid Access

AGENCY: Financial Crimes Enforcement Network (``FinCEN''), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: As part of its continuing effort to reduce paperwork and 
respondent burden, FinCEN invites comment on a proposed information 
collection contained in a revised form, Registration of Money Services 
Business, FinCEN Form 107. The form will be used by dealers in foreign 
exchange; check cashers; issuers, sellers, and redeemers of traveler's 
checks and money orders; providers of prepaid access; and money 
transmitters to register with the

[[Page 62150]]

Department of the Treasury as required by statute. This request for 
comments is being made pursuant to the Paperwork Reduction Act of 1995, 
Public Law 104-13, 44 U.S.C. 3506(c)(2)(A).

DATES: Written comments are welcome and must be received on or before 
December 5, 2011.

ADDRESSES: Written comments should be submitted to: Office of 
Regulatory Policy and Programs Division, Financial Crimes Enforcement 
Network, Department of the Treasury, P.O. Box 39, Vienna, Virginia 
22183, Attention: PRA Comments--MSB Registration--Form 107. Comments 
also may be submitted by electronic mail to the following Internet 
address: regcomments@fincen.gov, again with a caption, in the body of 
the text, ``Attention: PRA Comments--MSB Registration--Form 107.''
    Inspection of comments: Comments may be inspected, between 10 a.m. 
and 4 p.m., in the FinCEN reading room in Vienna, VA. Persons wishing 
to inspect the comments submitted must request an appointment with the 
Disclosure Officer by telephoning (703) 905-5034 (Not a toll free 
call).

FOR FURTHER INFORMATION CONTACT: The FinCEN Regulatory helpline at 
(800) 949-2732 and select Option 1.

SUPPLEMENTARY INFORMATION:
    Title: Registration of Money Services Business.
    OMB Number: 1506-0013.
    Form Number: FinCEN Form 107.
    Abstract: The statute generally referred to as the ``Bank Secrecy 
Act,'' (``BSA'') 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-
5330, authorizes the Secretary of the Treasury, inter alia, to issue 
regulations requiring records and reports that are determined to have a 
high degree of usefulness in criminal, tax, and regulatory matters. 
Regulations implementing Title II of the BSA (codified at 31 U.S.C. 
5311-5330) appear at 31 CFR chapter X. The authority of the Secretary 
to administer the BSA has been delegated to the Director of FinCEN.
    Under 31 U.S.C. 5330 and its implementing regulations, money 
services businesses must register with the Department of the Treasury, 
maintain a list of their agents, and renew their registration every two 
years. Currently, money services businesses register by filing FinCEN 
Form 107, which is being revised to incorporate changes to the MSB 
definitions \1\ and provide for prepaid access program \2\ information. 
The information collected on the form is required to comply with 31 
U.S.C. 5330 and its implementing regulations. The information will be 
used to assist supervisory and law enforcement agencies in the 
enforcement of criminal, tax, and regulatory laws and to prevent money 
services businesses from being used by those engaging in money 
laundering, terrorist financing and other illicit financial crimes. The 
collection of information is mandatory.
---------------------------------------------------------------------------

    \1\ See 76 FR 43585, dated July 21, 2011.
    \2\ See 76 FR 45403, dated July 29, 2011.
---------------------------------------------------------------------------

    Current Actions: The current FinCEN Form 107 and instructions are 
being revised to update the information collection tool as follows:
    Part I adds Item 1e, RMSB Registration number for all but initial 
registrations.
    Part II expands Item 3 into separate fields to record last name/
entity, adds a check box to indicate ``if entity,'' adds first name and 
middle initial boxes. In Item 6, adds AKA to the DBA entry, adds a box 
to indicate a foreign country, adds a box to indicate the type of 
taxpayer identification number (TIN), adds a space for recording a Web 
site (URL) address if available, and adds spaces to identify the name 
and phone number of the compliance contact person for the MSB.
    Part III repeats the same name entry expansion, TIN and TIN type as 
in part II. E-mail address and Web site info is added and removes ID 
information box 23 on the current form.
    Part IV adds a check box to indicate foreign locations, adds to the 
MSB services provided check boxes to indicate seller of prepaid access 
and provider of prepaid access, and updates the existing terminology to 
match the new MSB definitions. Added to part IV is an entry to list 
financial services being provided that are in addition to those already 
indicated. Added in part IV are a series of information boxes regarding 
prepaid access that are to be completed if the registrant is a provider 
of prepaid access. This revision adds the name of the prepaid program, 
the IIN/BIN (first six numbers), the name of the processor, and 
compliance point of contact to include the phone number and provides a 
check box to indicate if the listed program is useable internationally. 
This revision updates part IV to clarify reporting the number of U.S. 
agents providing MSB services.
    Part V, Primary Transaction Account for MSB Activities, adds 
depository institution routing number, depository institution IBAN if 
foreign, country code, type of financial institution (depository 
institution, non-depository or foreign) in addition to existing 
information.
    Parts VI and VII change the name to add, respectively, address and 
signature of the Agent for Service of Process.
    Type of Review: Renewal with change of a currently approved 
collection report.
    Affected public: Individuals, business or other for-profit 
institutions, and not-for-profit institutions.
    Frequency: Every two years.\3\
---------------------------------------------------------------------------

    \3\ Per 31 CFR 1022.380(b)(2).
---------------------------------------------------------------------------

    Estimated Burden: Reporting average of 30 minutes per response; 
recordkeeping average of 30 minutes per response.
    Estimated number of respondents: 44,300.
    Estimated Total Annual Burden Hours: 22,150 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 Office of Management and Budget (OMB) 
control number. Records required to be retained under the BSA must be 
retained for five years. Generally, information collected pursuant to 
the BSA is confidential, but may be shared as provided by law with 
regulatory and law enforcement authorities.
    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; (e) estimates of 
capital or start-up costs and costs of operation, maintenance and 
purchase of services to provide information; (f) whether it is a 
business practice for providers of prepaid access to contract with more 
than one payment processor and if so, please explain why and how many; 
and (g) any other aspect of the revised form and instructions.

    Dated: September 26, 2011.
Nicholas Colucci,
Acting Director, Financial Crimes Enforcement Network.
BILLING CODE 4810-02-P

[[Page 62151]]

[GRAPHIC] [TIFF OMITTED] TN06OC11.002


[[Page 62152]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.003


[[Page 62153]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.004


[[Page 62154]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.005


[[Page 62155]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.006


[[Page 62156]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.007


[[Page 62157]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.008


[[Page 62158]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.009


[[Page 62159]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.010


[[Page 62160]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.011


[[Page 62161]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.012


[[Page 62162]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.013


[[Page 62163]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.014


[[Page 62164]]


[GRAPHIC] [TIFF OMITTED] TN06OC11.015

[FR Doc. 2011-25607 Filed 10-5-11; 8:45 am]
BILLING CODE 4810-02-C