Proposed Collection; Comment Request; Renewal Without Change of the FinCEN Form 8300, 70545 [2012-28518]
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Federal Register / Vol. 77, No. 227 / Monday, November 26, 2012 / Notices
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) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
All comments will become a matter of
public record. Written comments should
address the accuracy of the burden
estimates and ways to minimize burden
including the use of automated
collection techniques or the use of other
forms of information technology as well
as other relevant aspects of the
information collection request.
Dated: November 14, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. 2012–28618 Filed 11–23–12; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
Proposed Collection; Comment
Request; Renewal Without Change of
the FinCEN Form 8300
Financial Crimes Enforcement
Network (FinCEN), Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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 Financial
Crimes Enforcement Network (FinCEN)
is soliciting comments concerning Form
8300, Report of Cash Payments Over
$10,000 Received in a Trade or
Business.
DATES: Written comments should be
received on or before January 25, 2013
to be assured of consideration.
ADDRESSES: Direct all written comments
to the Regulatory Policy and Programs
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SUMMARY:
VerDate Mar<15>2010
16:24 Nov 23, 2012
Jkt 229001
Division, Financial Crimes Enforcement
Network, Department of the Treasury,
P.O. Box 39, Vienna, Virginia 22183.
Attention: PRA Comments—Form 8300.
Comments also may be submitted by
electronic mail to the following Internet
address: regcomments@fincen.gov with
the caption in the body of the text,
‘‘Attention: PRA Comments—Form
8300.’’
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:
Requests for additional information or
copies of the form and instructions
should be directed to the Regulatory
Policy and Programs Division
Regulatory Helpline, (800) 949–2732
and select option 6. A copy of the form
may be obtained through the Internet at
www.fincen.gov/forms.
SUPPLEMENTARY INFORMATION:
Title: Report of Cash Payments Over
$10,000 Received in a Trade or
Business.
OMB Number: 1506–0018.
Form Number: 8300.
Abstract: 31 CFR 1010.331 requires
any person in a trade or business who,
in the course of the trade or business,
receives more than $10,000 in cash or
foreign currency in one or more related
transactions to report it to FinCEN and
provide a statement to the payer. Form
8300 is used for this purpose.
Section 365 of the USA PATRIOT Act
of 2001 (Pub. L. 107–56), adding new
section 5331 to Title 31 of the United
States Code, authorized FinCEN to
collect the information reported on
Form 8300. FinCEN makes the Forms
8300 available to law enforcement
through its Bank Secrecy Act
information sharing agreements.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations, farms, and the
Federal government.
Frequency: As required.
Estimated Number of Respondents:
46,800.
Estimated Time per Respondent: 45
minutes.
Estimated Total Annual Burden
Hours: 35,100.1
1 The burden for the information collection in 31
CFR 1010.330, (also approved under control
number 1506–0018), relating to the Form 8300, is
reflected in the burden of the form and includes
reporting and recordkeeping.
PO 00000
Frm 00134
Fmt 4703
Sfmt 4703
70545
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 Office of Management
and Budget (OMB) control number. In
accordance with 31 CFR 1010.330(e)(3),
a person required to make a report
under this section must keep a copy of
each report filed for five years from the
date of filing.
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.
Dated: November 16, 2012.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement
Network.
[FR Doc. 2012–28518 Filed 11–23–12; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement
Network; Proposed Collection;
Comment Request; Renewal without
Change of the FinCEN Suspicious
Activity Reports Currently Approved
Electronic Data Fields
Financial Crimes Enforcement
Network (‘‘FinCEN’’), Treasury.
ACTION: Notice and request for
comments.
AGENCY:
FinCEN is proposing to renew
without change the OMB-approved list
of current data fields within the
database that are required to support the
FinCEN Suspicious Activity Report
(‘‘SAR’’) filings by financial institutions
required to file such reports under the
Bank Secrecy Act (‘‘BSA’’). This notice
does not propose any new regulatory
SUMMARY:
E:\FR\FM\26NON1.SGM
26NON1
]]>Agencies
[Federal Register Volume 77, Number 227 (Monday, November 26, 2012)]
[Notices]
[Page 70545]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-28518]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
Proposed Collection; Comment Request; Renewal Without Change of
the FinCEN Form 8300
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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 Financial Crimes Enforcement Network
(FinCEN) is soliciting comments concerning Form 8300, Report of Cash
Payments Over $10,000 Received in a Trade or Business.
DATES: Written comments should be received on or before January 25,
2013 to be assured of consideration.
ADDRESSES: Direct all written comments to the Regulatory Policy and
Programs Division, Financial Crimes Enforcement Network, Department of
the Treasury, P.O. Box 39, Vienna, Virginia 22183. Attention: PRA
Comments--Form 8300. Comments also may be submitted by electronic mail
to the following Internet address: regcomments@fincen.gov with the
caption in the body of the text, ``Attention: PRA Comments--Form
8300.''
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: Requests for additional information or
copies of the form and instructions should be directed to the
Regulatory Policy and Programs Division Regulatory Helpline, (800) 949-
2732 and select option 6. A copy of the form may be obtained through
the Internet at www.fincen.gov/forms.
SUPPLEMENTARY INFORMATION:
Title: Report of Cash Payments Over $10,000 Received in a Trade or
Business.
OMB Number: 1506-0018.
Form Number: 8300.
Abstract: 31 CFR 1010.331 requires any person in a trade or
business who, in the course of the trade or business, receives more
than $10,000 in cash or foreign currency in one or more related
transactions to report it to FinCEN and provide a statement to the
payer. Form 8300 is used for this purpose.
Section 365 of the USA PATRIOT Act of 2001 (Pub. L. 107-56), adding
new section 5331 to Title 31 of the United States Code, authorized
FinCEN to collect the information reported on Form 8300. FinCEN makes
the Forms 8300 available to law enforcement through its Bank Secrecy
Act information sharing agreements.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations,
farms, and the Federal government.
Frequency: As required.
Estimated Number of Respondents: 46,800.
Estimated Time per Respondent: 45 minutes.
Estimated Total Annual Burden Hours: 35,100.\1\
---------------------------------------------------------------------------
\1\ The burden for the information collection in 31 CFR
1010.330, (also approved under control number 1506-0018), relating
to the Form 8300, is reflected in the burden of the form and
includes reporting and recordkeeping.
---------------------------------------------------------------------------
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 Office of Management and Budget (OMB)
control number. In accordance with 31 CFR 1010.330(e)(3), a person
required to make a report under this section must keep a copy of each
report filed for five years from the date of filing.
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.
Dated: November 16, 2012.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network.
[FR Doc. 2012-28518 Filed 11-23-12; 8:45 am]
BILLING CODE 4810-02-P
