Proposed Collection; Comment Request; Renewal Without Change of the Requirement for Information Sharing Between Government Agencies and Financial Institutions, 74277-74278 [2012-30121]
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Federal Register / Vol. 77, No. 240 / Thursday, December 13, 2012 / Notices
Comments should be received on
or before February 11, 2013 to be
assured of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestion for reducing the burden, to
Louisa M. Quittman, Director, Financial
Education, Office of Consumer Policy,
U.S. Department of the Treasury, 1500
Pennsylvania Ave. NW., Washington,
DC 20220. (202) 622–5770.
FOR FURTHER INFORMATION CONTACT:
Copies of the submission(s) may be
obtained by calling (202) 927–5331,
email at PRA@treasury.gov, or the entire
information collection request maybe
found at www.reginfo.gov.
DATES:
Office of Consumer Policy
OMB Number: 1505–0242.
Type of Review: Revision of a
currently approved collection.
Title: Assessing Financial Capability
Outcomes.
Abstract: Pursuant to the Title XII of
the Dodd-Frank Wall Street Reform and
Financial Protection Act (Pub. L. 111–
203), the Department of the Treasury is
implementing an Assessing Financial
Capability Outcomes pilot to determine
whether the close integration of
financial access (access to an account at
a financial institution) and financial
education delivered in a timely,
relevant, and actionable manner, will
create significant impact on the
financial behaviors and/or outcomes of
participants. The information collected
will be used for research, to promote the
Treasury’s understanding of likely
outcomes of financial capability
interventions.
Affected Public: Individuals or
households, non-profit organizations,
state, tribal or local government entities,
businesses or other for-profit entities.
Estimated Total Annual Burden
Hours: 3,843.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2012–30083 Filed 12–12–12; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
srobinson on DSK4SPTVN1PROD with
Financial Crimes Enforcement Network
Proposed Collection; Comment
Request; Renewal Without Change of
the Requirement for Information
Sharing Between Government
Agencies and Financial Institutions
Financial Crimes Enforcement
Network (‘‘FinCEN’’), Treasury.
AGENCY:
VerDate Mar<15>2010
16:21 Dec 12, 2012
Jkt 229001
Notice and request for
comments.
ACTION:
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, FinCEN is
soliciting comments concerning the
renewal without change of the
‘‘Information sharing between
government agencies and financial
institutions’’ under 31 CFR 1010.520,
generally referred to as the 314(a)
program.
DATES: Written comments are welcome
and must be received on or before
February 11, 2013.
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—314(a)
program. 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— 314(a)
program.’’
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 3.
SUPPLEMENTARY INFORMATION:
SUMMARY:
I. Background
A. Statutory Provisions
On October 26, 2001, the President
signed into law the Uniting and
Strengthening America by Providing
Appropriate Tools Required to Intercept
and Obstruct Terrorism Act of 2001
(‘‘USA PATRIOT ACT’’ or ‘‘Act’’),
Public Law 107–56. Title III of the Act
amends the anti-money laundering
provisions of the Bank Secrecy Act
(‘‘BSA’’), codified at 12 U.S.C. 1829b
and 1951–1959 and 31 U.S.C. 5311–
5314 and 5316–5332, to promote the
prevention, detection, and prosecution
of international money laundering and
the financing of terrorism. Regulations
implementing the BSA appear at 31 CFR
PO 00000
Frm 00114
Fmt 4703
Sfmt 4703
74277
Chapter X. The authority of the
Secretary of the Treasury to administer
the BSA has been delegated to the
Director of FinCEN.
Of the Act’s many goals, the
facilitation of information sharing
among governmental entities and
financial institutions for the purpose of
combating terrorism and money
laundering is of paramount importance.
As with many other provisions of the
Act, Congress has charged the U.S.
Department of the Treasury with
developing regulations to implement
these information-sharing provisions.
Subsection 314(a) of the Act states in
part that:
[t]he Secretary shall * * * adopt regulations
to encourage further cooperation among
financial institutions, their regulatory
authorities, and law enforcement authorities,
with the specific purpose of encouraging
regulatory authorities and law enforcement
authorities to share with financial
institutions information regarding
individuals, entities, and organizations
engaged in, or reasonably suspected based on
credible evidence of engaging in, terrorist
acts or money laundering activities.1
B. Overview of the Current Regulatory
Provisions Regarding the 314(a)
Program
On September 26, 2002, FinCEN
published a final rule implementing the
authority contained in section 314(a) of
the Act.2 That rule (‘‘the 314(a) rule’’)
required U.S. financial institutions,
upon FinCEN’s request, to search their
records to determine whether they have
maintained an account or conducted a
transaction with a person that a Federal
law enforcement agency has certified is
suspected, based on credible evidence,
of engaging in terrorist activity or
money laundering.3 The rule was
expanded on February 10, 2010 to
enable certain entities other than
Federal law enforcement agencies to
benefit from 314(a) requests to industry.
As amended, the rule now also enables
certain foreign law enforcement
agencies, state and local law
enforcement agencies, as well as
FinCEN, on its own behalf and on behalf
of appropriate components of the
Department of the Treasury, to initiate
314(a) queries.4 Before processing a
request, FinCEN requires the requesting
agency to certify that, in the case of
1 Pub. L. 107–56, Title III, § 314, Oct. 26, 2001,
115 Stat. 307, as amended by Public Law 108–458,
Title VI, § 6202(f), Dec. 17, 2004, 118 Stat 3745.
2 Special Information Sharing Procedures to Deter
Money Laundering and Terrorist Activity, 67 FR
60,579 (Sept. 26, 2002).
3 31 CFR 1010.520.
4 Expansion of Special Information Sharing
Procedures To Deter Money Laundering and
Terrorist Activity, 75 FR 6560 (Feb. 10, 2010).
E:\FR\FM\13DEN1.SGM
13DEN1
74278
Federal Register / Vol. 77, No. 240 / Thursday, December 13, 2012 / Notices
money laundering, the matter is
significant, and that the requesting
agency has been unable to locate the
information sought through traditional
methods of investigation and analysis
before attempting to use the 314(a)
program.
Since its inception, the 314(a)
program has yielded significant
investigative benefits for law
enforcement users in terrorist financing
and/or significant money laundering
cases. Feedback from the requesters and
illustrations from sample case studies
consistently demonstrate how useful the
program is in enhancing the scope and
expanding the universe of
investigations. In view of the proven
success of the 314(a) program, FinCEN
seeks to renew without change the
314(a) program.
II. Paperwork Reduction Act (‘‘PRA’’): 5
Title: Information sharing between
government agencies and financial
institutions.
OMB Number: 1506–0049.
Form Number: Not Applicable.
Abstract: 31 CFR Chapter X, Information
sharing between government agencies
and financial institutions (31 CFR
1010.520) details the requirements of
section 314(a) of the USA PATRIOT Act.
Each financial institution (as defined in
31 U.S.C. 5312(a)(2) or (c)(1)) should
refer to its Chapter X part for any
additional special information sharing
procedures.
Type of Review: Extension without
change of a currently approved
collection.
Affected Public: Businesses or other
for-profit and non-profit organizations,
and the Federal, state, and local
governments.
Frequency: As required.
Estimated Number of Respondents:
20,134.6
Estimated Time per Respondent: 54
hours annually.7
srobinson on DSK4SPTVN1PROD with
5 The
Paperwork Reduction Act does not apply to
the requirement in section 1010.520(b)(2)
concerning reports by financial institutions in
response to a request from FinCEN on behalf of a
Federal law enforcement agency. See 5 CFR
§ 1320.4(a)(2). Therefore, this renewal applies only
to the use of the 314(a) program with respect to
queries initiated by non-federal law enforcement
entities.
6 On an annual basis, there are approximately
20,134 covered financial institutions, consisting of
commercial banks, savings associations, credit
unions, securities broker-dealers, future
commission merchants, and certain trust
companies, life insurance companies, mutual funds
and money services businesses.
7 Estimated cases/subjects per annum subject to
the Paperwork Reduction Act include: 10 from
FinCEN, 50 from state/local law enforcement, and
30 from European Union countries approved by
treaty, for a total of 90 request per annum, and each
request generally contains 9 subjects (including
VerDate Mar<15>2010
16:21 Dec 12, 2012
Jkt 229001
Estimated Total Annual Burden
Hours: 1,087,236.8
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: December 5, 2012.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement
Network.
[FR Doc. 2012–30121 Filed 12–12–12; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0746]
Proposed Information Collection
(Internet Student CPR Web
Registration Application); Comment
Request
Veterans Health
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
aliases). Each subject requires 4 minutes to
research, resulting in (90 × 9 × 4 ÷ 60) = 54 hours
per year.
8 Burden computation is as follows: 54 hours per
year per respondent times 20,134 respondents (54
× 20,134) = 1,087,236 hours.
PO 00000
Frm 00115
Fmt 4703
Sfmt 4703
The Veterans Health
Administration (VHA), Department of
Veterans Affairs, is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of a currently approved
collection, and allow 60 days for public
comment in response to the notice. This
notice solicits comments on information
needed to establish an online web
registration application.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before February 11, 2013.
ADDRESSES: Submit written comments
on the collection of information through
the Federal Docket Management System
(FDMS) at www.Regulations.gov; or to
Cynthia Harvey-Pryor, Veterans Health
Administration (10P7BFP), Department
of Veterans Affairs, 810 Vermont
Avenue NW., Washington, DC 20420 or
email: cynthia.harvey-pryor@va.gov.
Please refer to ‘‘OMB Control No. 2900–
0746’’ in any correspondence. During
the comment period, comments may be
viewed online through FDMS.
FOR FURTHER INFORMATION CONTACT:
Cynthia Harvey-Pryor at (202) 461–5870
or Fax (202) 273–9381.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
3501–3521), Federal agencies must
obtain approval from OMB for each
collection of information they conduct
or sponsor. This request for comment is
being made pursuant to Section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, VHA invites
comments on: (1) Whether the proposed
collection of information is necessary
for the proper performance of VHA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VHA’s estimate of
the burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Title: Internet Student CPR Web
Registration Application, VA Form 10–
0468.
OMB Control Number: 2900–0746.
SUMMARY:
E:\FR\FM\13DEN1.SGM
13DEN1
]]>Agencies
[Federal Register Volume 77, Number 240 (Thursday, December 13, 2012)]
[Notices]
[Pages 74277-74278]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-30121]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
Proposed Collection; Comment Request; Renewal Without Change of
the Requirement for Information Sharing Between Government Agencies and
Financial Institutions
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, FinCEN is soliciting comments concerning the
renewal without change of the ``Information sharing between government
agencies and financial institutions'' under 31 CFR 1010.520, generally
referred to as the 314(a) program.
DATES: Written comments are welcome and must be received on or before
February 11, 2013.
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--314(a) program. 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-- 314(a)
program.''
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 3.
SUPPLEMENTARY INFORMATION:
I. Background
A. Statutory Provisions
On October 26, 2001, the President signed into law the Uniting and
Strengthening America by Providing Appropriate Tools Required to
Intercept and Obstruct Terrorism Act of 2001 (``USA PATRIOT ACT'' or
``Act''), Public Law 107-56. Title III of the Act amends the anti-money
laundering provisions of the Bank Secrecy Act (``BSA''), codified at 12
U.S.C. 1829b and 1951-1959 and 31 U.S.C. 5311-5314 and 5316-5332, to
promote the prevention, detection, and prosecution of international
money laundering and the financing of terrorism. Regulations
implementing the BSA appear at 31 CFR Chapter X. The authority of the
Secretary of the Treasury to administer the BSA has been delegated to
the Director of FinCEN.
Of the Act's many goals, the facilitation of information sharing
among governmental entities and financial institutions for the purpose
of combating terrorism and money laundering is of paramount importance.
As with many other provisions of the Act, Congress has charged the
U.S. Department of the Treasury with developing regulations to
implement these information-sharing provisions.
Subsection 314(a) of the Act states in part that:
[t]he Secretary shall * * * adopt regulations to encourage further
cooperation among financial institutions, their regulatory
authorities, and law enforcement authorities, with the specific
purpose of encouraging regulatory authorities and law enforcement
authorities to share with financial institutions information
regarding individuals, entities, and organizations engaged in, or
reasonably suspected based on credible evidence of engaging in,
terrorist acts or money laundering activities.\1\
---------------------------------------------------------------------------
\1\ Pub. L. 107-56, Title III, Sec. 314, Oct. 26, 2001, 115
Stat. 307, as amended by Public Law 108-458, Title VI, Sec.
6202(f), Dec. 17, 2004, 118 Stat 3745.
---------------------------------------------------------------------------
B. Overview of the Current Regulatory Provisions Regarding the 314(a)
Program
On September 26, 2002, FinCEN published a final rule implementing
the authority contained in section 314(a) of the Act.\2\ That rule
(``the 314(a) rule'') required U.S. financial institutions, upon
FinCEN's request, to search their records to determine whether they
have maintained an account or conducted a transaction with a person
that a Federal law enforcement agency has certified is suspected, based
on credible evidence, of engaging in terrorist activity or money
laundering.\3\ The rule was expanded on February 10, 2010 to enable
certain entities other than Federal law enforcement agencies to benefit
from 314(a) requests to industry. As amended, the rule now also enables
certain foreign law enforcement agencies, state and local law
enforcement agencies, as well as FinCEN, on its own behalf and on
behalf of appropriate components of the Department of the Treasury, to
initiate 314(a) queries.\4\ Before processing a request, FinCEN
requires the requesting agency to certify that, in the case of
[[Page 74278]]
money laundering, the matter is significant, and that the requesting
agency has been unable to locate the information sought through
traditional methods of investigation and analysis before attempting to
use the 314(a) program.
---------------------------------------------------------------------------
\2\ Special Information Sharing Procedures to Deter Money
Laundering and Terrorist Activity, 67 FR 60,579 (Sept. 26, 2002).
\3\ 31 CFR 1010.520.
\4\ Expansion of Special Information Sharing Procedures To Deter
Money Laundering and Terrorist Activity, 75 FR 6560 (Feb. 10, 2010).
---------------------------------------------------------------------------
Since its inception, the 314(a) program has yielded significant
investigative benefits for law enforcement users in terrorist financing
and/or significant money laundering cases. Feedback from the requesters
and illustrations from sample case studies consistently demonstrate how
useful the program is in enhancing the scope and expanding the universe
of investigations. In view of the proven success of the 314(a) program,
FinCEN seeks to renew without change the 314(a) program.
II. Paperwork Reduction Act (``PRA''): \5\
---------------------------------------------------------------------------
\5\ The Paperwork Reduction Act does not apply to the
requirement in section 1010.520(b)(2) concerning reports by
financial institutions in response to a request from FinCEN on
behalf of a Federal law enforcement agency. See 5 CFR Sec.
1320.4(a)(2). Therefore, this renewal applies only to the use of the
314(a) program with respect to queries initiated by non-federal law
enforcement entities.
---------------------------------------------------------------------------
Title: Information sharing between government agencies and
financial institutions.
OMB Number: 1506-0049.
Form Number: Not Applicable. Abstract: 31 CFR Chapter X,
Information sharing between government agencies and financial
institutions (31 CFR 1010.520) details the requirements of section
314(a) of the USA PATRIOT Act. Each financial institution (as defined
in 31 U.S.C. 5312(a)(2) or (c)(1)) should refer to its Chapter X part
for any additional special information sharing procedures.
Type of Review: Extension without change of a currently approved
collection.
Affected Public: Businesses or other for-profit and non-profit
organizations, and the Federal, state, and local governments.
Frequency: As required.
Estimated Number of Respondents: 20,134.\6\
---------------------------------------------------------------------------
\6\ On an annual basis, there are approximately 20,134 covered
financial institutions, consisting of commercial banks, savings
associations, credit unions, securities broker-dealers, future
commission merchants, and certain trust companies, life insurance
companies, mutual funds and money services businesses.
---------------------------------------------------------------------------
Estimated Time per Respondent: 54 hours annually.\7\
---------------------------------------------------------------------------
\7\ Estimated cases/subjects per annum subject to the Paperwork
Reduction Act include: 10 from FinCEN, 50 from state/local law
enforcement, and 30 from European Union countries approved by
treaty, for a total of 90 request per annum, and each request
generally contains 9 subjects (including aliases). Each subject
requires 4 minutes to research, resulting in (90 x 9 x 4 / 60) = 54
hours per year.
---------------------------------------------------------------------------
Estimated Total Annual Burden Hours: 1,087,236.\8\
---------------------------------------------------------------------------
\8\ Burden computation is as follows: 54 hours per year per
respondent times 20,134 respondents (54 x 20,134) = 1,087,236 hours.
---------------------------------------------------------------------------
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 Sec. 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: December 5, 2012.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network.
[FR Doc. 2012-30121 Filed 12-12-12; 8:45 am]
BILLING CODE 4810-02-P
