Analytical Methods Used in Periodic Reporting, 41336-41337 [2012-16570]
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Federal Register / Vol. 77, No. 135 / Friday, July 13, 2012 / Proposed Rules
companies’’ 3 may be a desired
characteristic for certain legitimate
business activity, but it is also a
vulnerability that allows these
companies to disguise their ownership
and purpose. FinCEN seeks detailed
information as to whether and how
financial institutions identify whether
legal entity customers are ‘‘shell
companies.’’
Conclusion
With this public hearing, FinCEN is
seeking clarification on the issues raised
by commenters regarding the CDD
ANPRM set forth above.
Dated: July 9, 2012.
Nicholas Colucci,
Acting Director, Financial Crimes
Enforcement Network.
[FR Doc. 2012–17065 Filed 7–12–12; 8:45 am]
BILLING CODE 4810–02–P
POSTAL SERVICE
39 CFR Part 501
Authorization to Manufacture and
Distribute Postage Evidencing
Systems; Discontinued Indicia
Postal ServiceTM.
ACTION: Proposed rule.
AGENCY:
The Postal Service proposes
to amend the rules concerning the
manufacture and distribution of postage
evidencing systems to clarify that
effective January 1, 2016, all postage
evidencing systems (postage meters and
PC Postage® products) will be required
to produce Information-Based Indicia
(IBI) or Intelligent Mail® Indicia (IMI)
for evidence of pre-paid postage, and
that indicia from noncompliant systems
will not be recognized as valid postage.
DATES: Submit all comments on or
before September 11, 2012.
ADDRESSES: Mail or deliver written
comments to the Manager, Payment
Technology, U.S. Postal Service, 475
L’Enfant Plaza SW., Room 3660,
Washington, DC 20260–4200. Copies of
all written comments will be available
for inspection and photocopying
between 9 a.m. and 4 p.m., Monday
through Friday, at the Payment
Technology office.
FOR FURTHER INFORMATION CONTACT:
Marlo Ivey, Business Programs
mstockstill on DSK4VPTVN1PROD with PROPOSALS
SUMMARY:
3 The term ‘‘shell company,’’ as used herein,
refers to non-publicly traded corporations and
limited liability companies that typically have no
physical presence (other than a mailing address)
and generate little to no independent economic
value. See FinCEN Guidance, FIN–2006–G014,
‘‘Potential Money Laundering Risks Related to Shell
Companies’’ (November 9, 2006).
VerDate Mar<15>2010
16:46 Jul 12, 2012
Jkt 226001
Specialist, Payment Technology, U.S.
Postal Service, (202) 268–7613.
SUPPLEMENTARY INFORMATION: In 1999,
the Postal Service introduced the
Information Based Indicia Program
(IBIP). Under IBIP, postage evidencing
systems submitted for Postal Service test
and evaluation were required to
produce IBI—digital indicia that use a
two-dimensional (2–D) barcode. In
2012, the next generation of postage
evidencing was introduced through the
publication of the IMI performance
criteria. Both IBI and IMI contain a 2–
D barcode that includes revenue
security–related data elements and
product and service information.
Effective January 1, 2016, all postage
evidencing systems (postage meters and
PC Postage products) will be required to
produce IBI or IMI for evidence of prepaid postage. Indicia from postage
evidencing systems that are not IBIcompliant or IMI-compliant will not be
recognized as valid after December 31,
2015. The following proposed
amendment to 39 CFR part 501 is
intended to clarify that noncompliant
indicia will be decertified, and will not
be recognized as valid after that date.
Although exempt from the notice and
comment requirements of the
Administrative Procedure Act (5 U.S.C.
553), the Postal Service invites public
comment on the following proposed
revisions to the Code of Federal
Regulations.
List of Subjects in 39 CFR Part 501
Postal Service.
Accordingly, the Postal Service
proposes to amend 39 CFR part 501 as
follows:
PART 501—AUTHORIZATION TO
MANUFACTURE AND DISTRIBUTE
POSTAGE EVIDENCING SYSTEMS
1. The authority citation for 39 CFR
part 501 continues to read as follows:
Authority: 5 U.S.C. 552(a); 39 U.S.C. 101,
401, 403, 404, 410, 2601, 2605, Inspector
General Act of 1978, as amended (Pub. L. 95–
452, as amended); 5 U.S.C. App. 3.
2. Add section 501.20 to read as
follows:
§ 501.20
Indicia.
Discontinued Postage Evidencing
(a) Decertified indicia (evidence of
pre-paid postage) are indicia that have
been withdrawn by the Postal Service as
valid forms of postage evidence through
publication by the Postal Service in the
Federal Register, or by voluntary
withdrawal undertaken by the provider.
(b) Effective January 1, 2016, all
Postage Evidencing Systems (postage
meters and PC Postage products) will be
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Fmt 4702
Sfmt 4702
required to produce Information-Based
Indicia (IBI) or Intelligent Mail Indicia
(IMI) for evidence of pre-paid postage.
Non-IBI and non-IMI indicia will be
decertified effective January 1, 2016,
and may not be used as a valid form of
postage evidence. These decertified
indicia will not be recognized as valid
postage after December 31, 2015.
Stanley F. Mires,
Attorney, Legal Policy & Legislative Advice.
[FR Doc. 2012–17067 Filed 7–12–12; 8:45 am]
BILLING CODE 7710–12–P
POSTAL REGULATORY COMMISSION
39 CFR Part 3050
[Docket No. RM2012–5; Order No. 1388]
Analytical Methods Used in Periodic
Reporting
Postal Regulatory Commission.
Notice of filing.
AGENCY:
ACTION:
The Commission is noticing a
recently-filed Postal Service request to
initiate an informal rulemaking
proceeding to consider changes in
analytical methods used in periodic
reporting. This notice addresses
procedural steps associated with the
filing.
DATES: Comments are due July 31, 2012.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Commenters who cannot
submit their views electronically should
contact the person identified in FOR
FURTHER INFORMATION CONTACT by
telephone for advice on alternatives to
electronic filing.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, General Counsel
at 202–789–6820.
SUPPLEMENTARY INFORMATION: On June
26, 2012, the Postal Service filed a
petition pursuant to 39 CFR 3050.11
requesting that the Commission initiate
an informal rulemaking proceeding to
consider changes in the analytical
methods approved for use in periodic
reporting.1
Proposal One. Elimination of
Separate Delivery Costs for Carrier
Route Letters, Flats, and Parcels. The
Postal Service proposes to eliminate the
separate, shape-based reporting of unit
costs within Standard Mail Carrier
Route. The Postal Service states that
‘‘Carrier Route flats represent over 99
SUMMARY:
1 Petition of the United States Postal Service for
the Initiation of a Proceeding to Consider Proposed
Changes in Analytical Principles (Proposals One
through Five), June 26, 2012 (Petition).
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13JYP1
mstockstill on DSK4VPTVN1PROD with PROPOSALS
Federal Register / Vol. 77, No. 135 / Friday, July 13, 2012 / Proposed Rules
percent of Carrier Route volume,’’ and
that Carrier Route letter costs are
unreliable. Petition at 2–3. The
Commission discussed the reliability
issue in the 2011 Annual Compliance
Determination Report. FY2011 ACD at
120–121. In the ACD, the Commission
recognized the possibility of merging
unit cost data for Carrier Route letters
and flats, but did not discuss unit costs
of Carrier Route parcels. Id. at 121.
Proposal Two. Calculation of City
Carrier Scanning Costs for All NonAccountable Delivery Scans. Last year,
the Postal Service introduced the USPS
Tracking Barcode to better track parcels.
However, the Postal Service states that
the costs of USPS Tracking Barcode
delivery scans performed by city
carriers during street activities are not
calculated. The Postal Service proposes
to extend the established methodology
for calculating the city carrier street
scanning costs to all non-accountable
delivery scans performed by city
carriers during street activities (Cost
Segment 7). The methodology would
also apply to other non-accountable
delivery scans that the Postal Service
may introduce in the future. Petition at
4. According to the Postal Service,
Proposal Two would increase the
attributable costs of domestic market
dominant parcels by between 1.7 and
3.2 percent, increase the attributable
costs of domestic competitive products
by 1.9 percent, reduce the attributable
costs of domestic market dominant
ancillary services by between 0.3 and
0.6 percent, and reduce the attributable
costs of International Mail by 0.2
percent. Id. at 5–6.
Proposal Three. Changes in IOCS
Encirclement Rules. Currently, all
Registered mail, both domestic and
International, is encircled in all
operations.2 According to the Postal
Service, this is consistent with
operations for domestic Registered and
outbound International Registered,
because such pieces receive hand-tohand transfers. However, in 2009, the
Postal Service says that it changed the
operating procedures for inbound
Registered mail such that those pieces
now travel in the regular letters and flats
mailstreams rather than in the
Registered mailstream. The Postal
Service proposes to update the
encirclement rules for inbound
Registered mail and for certain other
Extra Services to reflect changes in
operations and to correct
2 Encirclement is the process of allocating the cost
of handling a mailpiece with an Extra Service to the
Extra Service rather than to the host mailpiece.
Encirclement is appropriate when an Extra Service
is the main reason that an employee handles a
mailpiece. Id. at 7.
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16:46 Jul 12, 2012
Jkt 226001
inconsistencies. For the C.O.D.,
Certified, Insured, and Signature
Confirmation Extra Services,
encirclement would be added for certain
mail processing and window operations.
Petition at 7–8.
Proposal Three would affect
attributable costs in Cost Segment 3.
Inbound Registered mail attributable
costs would decline by 38.3 percent.
Attributable costs of competitive
products would decline by 0.1 percent.
Attributable costs of First-Class mail
would decline by 0.7 percent.
Attributable costs of Parcel Post would
decline by 0.4 percent. Attributable
costs of Inbound LC/AO would increase
by between 6.5 and 13.8 percent.
Attributable costs of certain Extra
Services would increase by between 1.7
and 64.8 percent. Id. at 9.
Proposal Four. Changes in IOCS
Reporting Codes. The Postal Service
proposes to make changes to In-Office
Cost System activity codes and
operation codes. These changes are:
1. Streamline activity codes by
eliminating codes that are no longer
used for costing;
2. Combine the operation codes for
Outgoing Primary Distribution and
Outgoing Secondary Distribution into
one code;
3. Add a code for Managed Mail
Distribution; and
4. Add or change codes to account for
the recent transfers of Parcel Select
Lightweight and First-Class Package
Service to the competitive product list.
Id. at 10–12. The Postal Service asserts
that Proposal Four will have no impact
on product costs. Id. at 13.
Proposal Five. Changes to
Methodology of Distributing Costs
Incurred by Vehicle Service Drivers. The
Postal Service proposes a new
distribution key for allocating the
attributable costs of Vehicle Service
Drivers (Cost Segment 8). The new
distribution key is derived from a new
subsystem of the Transportation Cost
System (TRACS) called TRACS–VSD.
The current distribution key relies on
the costs of intra-sectional center facility
purchased highway transportation in
Cost Segment 14. The Postal Service
believes that it has developed a
sampling frame that enables the
development of a statistical system
similar to the four TRACS subsystems
representing purchased highway
transportation. Id. at 14–15.
For most classes of mail, the Postal
Service shows a change in unit
attributable cost in mills (tenths of a
cent). However, the unit attributable
cost of Media and Library Mail declines
by 4.5 cents and the unit attributable
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41337
cost of International Mail rises by 1.7
cents. Id. at 16.
The Petition, and an accompanying
Appendix, are available for review on
the Commission’s Web site, https://
www.prc.gov.
Pursuant to 39 U.S.C. 505, James
Callow is designated as Public
Representative to represent the interests
of the general public in this proceeding.
Comments are due no later than July 31,
2012.
It is ordered:
1. The Petition of the United States
Postal Service Requesting Initiation of a
Proceeding To Consider Proposed
Changes in Analytical Principles
(Proposals One through Five), filed June
26, 2012, is granted.
2. The Commission establishes Docket
No. RM2012–5 to consider the matters
raised by the Postal Service’s Petition.
3. Interested persons may submit
comments on Proposals One through
Five no later than July 31, 2012. Reply
comments are due no later than August
10, 2012.
4. James Callow is appointed to serve
as the Public Representative to represent
the interests of the general public in this
proceeding.
5. The Secretary shall arrange for
publication of this notice in the Federal
Register.
By the Commission.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2012–16570 Filed 7–12–12; 8:45 am]
BILLING CODE 7710–FW–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 52
[EPA–R03–OAR–2010–0847; FRL–9697–8]
Approval and Promulgation of Air
Quality Implementation Plans;
Delaware; Control Technique
Guidelines for Plastic Parts, Metal
Furniture, Large Appliances, and
Miscellaneous Metal Parts
Environmental Protection
Agency (EPA).
ACTION: Proposed rule.
AGENCY:
EPA is proposing to approve
revisions to the Delaware State
Implementation Plan (SIP) submitted by
the Delaware Department of Natural
Resources and Environmental Control
(DNREC) on April 1, 2010 and March 9,
2012. These SIP revisions consist of
amendments to Delaware’s regulation
for the Control of Volatile Organic
Compounds (VOC) and meet the
SUMMARY:
E:\FR\FM\13JYP1.SGM
13JYP1
Agencies
[Federal Register Volume 77, Number 135 (Friday, July 13, 2012)]
[Proposed Rules]
[Pages 41336-41337]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-16570]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
39 CFR Part 3050
[Docket No. RM2012-5; Order No. 1388]
Analytical Methods Used in Periodic Reporting
AGENCY: Postal Regulatory Commission.
ACTION: Notice of filing.
-----------------------------------------------------------------------
SUMMARY: The Commission is noticing a recently-filed Postal Service
request to initiate an informal rulemaking proceeding to consider
changes in analytical methods used in periodic reporting. This notice
addresses procedural steps associated with the filing.
DATES: Comments are due July 31, 2012.
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at https://www.prc.gov. Commenters who cannot submit their
views electronically should contact the person identified in FOR
FURTHER INFORMATION CONTACT by telephone for advice on alternatives to
electronic filing.
FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel
at 202-789-6820.
SUPPLEMENTARY INFORMATION: On June 26, 2012, the Postal Service filed a
petition pursuant to 39 CFR 3050.11 requesting that the Commission
initiate an informal rulemaking proceeding to consider changes in the
analytical methods approved for use in periodic reporting.\1\
---------------------------------------------------------------------------
\1\ Petition of the United States Postal Service for the
Initiation of a Proceeding to Consider Proposed Changes in
Analytical Principles (Proposals One through Five), June 26, 2012
(Petition).
---------------------------------------------------------------------------
Proposal One. Elimination of Separate Delivery Costs for Carrier
Route Letters, Flats, and Parcels. The Postal Service proposes to
eliminate the separate, shape-based reporting of unit costs within
Standard Mail Carrier Route. The Postal Service states that ``Carrier
Route flats represent over 99
[[Page 41337]]
percent of Carrier Route volume,'' and that Carrier Route letter costs
are unreliable. Petition at 2-3. The Commission discussed the
reliability issue in the 2011 Annual Compliance Determination Report.
FY2011 ACD at 120-121. In the ACD, the Commission recognized the
possibility of merging unit cost data for Carrier Route letters and
flats, but did not discuss unit costs of Carrier Route parcels. Id. at
121.
Proposal Two. Calculation of City Carrier Scanning Costs for All
Non-Accountable Delivery Scans. Last year, the Postal Service
introduced the USPS Tracking Barcode to better track parcels. However,
the Postal Service states that the costs of USPS Tracking Barcode
delivery scans performed by city carriers during street activities are
not calculated. The Postal Service proposes to extend the established
methodology for calculating the city carrier street scanning costs to
all non-accountable delivery scans performed by city carriers during
street activities (Cost Segment 7). The methodology would also apply to
other non-accountable delivery scans that the Postal Service may
introduce in the future. Petition at 4. According to the Postal
Service, Proposal Two would increase the attributable costs of domestic
market dominant parcels by between 1.7 and 3.2 percent, increase the
attributable costs of domestic competitive products by 1.9 percent,
reduce the attributable costs of domestic market dominant ancillary
services by between 0.3 and 0.6 percent, and reduce the attributable
costs of International Mail by 0.2 percent. Id. at 5-6.
Proposal Three. Changes in IOCS Encirclement Rules. Currently, all
Registered mail, both domestic and International, is encircled in all
operations.\2\ According to the Postal Service, this is consistent with
operations for domestic Registered and outbound International
Registered, because such pieces receive hand-to-hand transfers.
However, in 2009, the Postal Service says that it changed the operating
procedures for inbound Registered mail such that those pieces now
travel in the regular letters and flats mailstreams rather than in the
Registered mailstream. The Postal Service proposes to update the
encirclement rules for inbound Registered mail and for certain other
Extra Services to reflect changes in operations and to correct
inconsistencies. For the C.O.D., Certified, Insured, and Signature
Confirmation Extra Services, encirclement would be added for certain
mail processing and window operations. Petition at 7-8.
---------------------------------------------------------------------------
\2\ Encirclement is the process of allocating the cost of
handling a mailpiece with an Extra Service to the Extra Service
rather than to the host mailpiece. Encirclement is appropriate when
an Extra Service is the main reason that an employee handles a
mailpiece. Id. at 7.
---------------------------------------------------------------------------
Proposal Three would affect attributable costs in Cost Segment 3.
Inbound Registered mail attributable costs would decline by 38.3
percent. Attributable costs of competitive products would decline by
0.1 percent. Attributable costs of First-Class mail would decline by
0.7 percent. Attributable costs of Parcel Post would decline by 0.4
percent. Attributable costs of Inbound LC/AO would increase by between
6.5 and 13.8 percent. Attributable costs of certain Extra Services
would increase by between 1.7 and 64.8 percent. Id. at 9.
Proposal Four. Changes in IOCS Reporting Codes. The Postal Service
proposes to make changes to In-Office Cost System activity codes and
operation codes. These changes are:
1. Streamline activity codes by eliminating codes that are no
longer used for costing;
2. Combine the operation codes for Outgoing Primary Distribution
and Outgoing Secondary Distribution into one code;
3. Add a code for Managed Mail Distribution; and
4. Add or change codes to account for the recent transfers of
Parcel Select Lightweight and First-Class Package Service to the
competitive product list. Id. at 10-12. The Postal Service asserts that
Proposal Four will have no impact on product costs. Id. at 13.
Proposal Five. Changes to Methodology of Distributing Costs
Incurred by Vehicle Service Drivers. The Postal Service proposes a new
distribution key for allocating the attributable costs of Vehicle
Service Drivers (Cost Segment 8). The new distribution key is derived
from a new subsystem of the Transportation Cost System (TRACS) called
TRACS-VSD. The current distribution key relies on the costs of intra-
sectional center facility purchased highway transportation in Cost
Segment 14. The Postal Service believes that it has developed a
sampling frame that enables the development of a statistical system
similar to the four TRACS subsystems representing purchased highway
transportation. Id. at 14-15.
For most classes of mail, the Postal Service shows a change in unit
attributable cost in mills (tenths of a cent). However, the unit
attributable cost of Media and Library Mail declines by 4.5 cents and
the unit attributable cost of International Mail rises by 1.7 cents.
Id. at 16.
The Petition, and an accompanying Appendix, are available for
review on the Commission's Web site, https://www.prc.gov.
Pursuant to 39 U.S.C. 505, James Callow is designated as Public
Representative to represent the interests of the general public in this
proceeding. Comments are due no later than July 31, 2012.
It is ordered:
1. The Petition of the United States Postal Service Requesting
Initiation of a Proceeding To Consider Proposed Changes in Analytical
Principles (Proposals One through Five), filed June 26, 2012, is
granted.
2. The Commission establishes Docket No. RM2012-5 to consider the
matters raised by the Postal Service's Petition.
3. Interested persons may submit comments on Proposals One through
Five no later than July 31, 2012. Reply comments are due no later than
August 10, 2012.
4. James Callow is appointed to serve as the Public Representative
to represent the interests of the general public in this proceeding.
5. The Secretary shall arrange for publication of this notice in
the Federal Register.
By the Commission.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2012-16570 Filed 7-12-12; 8:45 am]
BILLING CODE 7710-FW-P