Financial Crimes Enforcement Network; Proposed Renewal Without Change; Comment Request; Imposition of Special Measure Against Commercial Bank of Syria, Including its Subsidiary Syrian Lebanese Commercial Bank, as a Financial Institution of Primary Money Laundering Concern, 43000-43001 [2013-17077]
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TKELLEY on DSK3SPTVN1PROD with NOTICES
43000
Federal Register / Vol. 78, No. 138 / Thursday, July 18, 2013 / Notices
Crimes Enforcement Network
(‘‘FinCEN’’) Administrative Rulings,
expires October 31, 2013. FinCEN is
proposing to renew without change
these procedural requirements. This
request for comment is being made
pursuant to the Paperwork Reduction
Act (‘‘PRA’’) 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
September 16, 2013.
ADDRESSES: Written comments should
be submitted to: Policy Division,
Financial Crimes Enforcement Network,
Department of the Treasury, P.O. Box
39, Vienna, Virginia 22183, Attention:
PRA Comments—1506–0050. 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—1506–
0050.’’
Inspection of Comments. Public
comments received in response to a
‘‘Notice and Request for Comments’’
will be made available for review as
soon as possible but no earlier than five
business days after the close of the
comment period. This delay is to insure
submissions sent through the U.S.
Postal Service are included in the
posting. Comments received 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, select option 6.
SUPPLEMENTARY INFORMATION:
Title: Administrative Rulings (31 CFR
1010.711–717).
OMB Number: 1506–0050.
Abstract: The statute generally
referred to as the ‘‘Bank Secrecy Act,’’
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.
5311–5332, authorizes the Secretary of
the Treasury (Secretary), inter alia, to
require financial institutions to keep
records and file reports that are
determined to have a high degree of
usefulness in criminal, tax, and
regulatory investigations or proceedings,
or in the conduct of intelligence or
counter-intelligence activities, to protect
against international terrorism, and to
implement counter-money laundering
programs and compliance procedures.1
1 Language expanding the scope of the Bank
Secrecy Act to intelligence or counter-intelligence
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Regulations implementing Title II of the
Bank Secrecy Act (‘‘BSA’’) appear at 31
CFR Chapter X. The authority of the
Secretary to administer the BSA has
been delegated to the Director of
FinCEN.
Current action: This is a renewal
without change of a currently approved
PRA burden.
Summary of proposed action: FinCEN
proposes renewing the PRA burden
currently included in OMB Control
Number 1506–0050. The sections under
this control number address: (a) How to
submit a ruling request (1010.711), (b)
how non-conforming requests are
handled (1010.712), (c) how oral
communications are treated (1010.713),
(d) how rulings are issued (1010.715),
(e) how rulings are modified or
rescinded (1010.716), and (f) how
information in connection with a ruling
may be disclosed (1010.717). Effective
September 2009, all administrative
rulings with precedential value are
published on the FinCEN Web site and
may be reviewed at https://www.fincen.
gov/statutes_regs/rulings/.
Burden: The estimated number of
responses (request for a ruling) is 40
annually, with a burden of one hour per
submission, for a total annual burden of
40 hours.
Type of Review: Renewal of currently
approved PRA burden.
Affected Public: Businesses or other
for-profit and non-profit institutions.
Frequency: N/A.
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 OMB control number.
Records required to be retained
pursuant to the BSA must be retained
for five years.
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
activities to protect against international terrorism
was added by Section 358 of the Uniting and
Strengthening America by Providing Appropriate
Tools Required to Intercept and Obstruct Terrorism
(USA PATRIOT) Act of 2001, Public Law 107–56.
PO 00000
Frm 00073
Fmt 4703
Sfmt 4703
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: July 10, 2013.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement
Network.
[FR Doc. 2013–17075 Filed 7–17–13; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
Financial Crimes Enforcement
Network; Proposed Renewal Without
Change; Comment Request;
Imposition of Special Measure Against
Commercial Bank of Syria, Including
its Subsidiary Syrian Lebanese
Commercial Bank, as a Financial
Institution of Primary Money
Laundering Concern
Financial Crimes Enforcement
Network, Department of the Treasury.
ACTION: Request for comments.
AGENCY:
As part of our continuing
effort to reduce paperwork and
respondent burden, we invite comment
on a proposed renewal, without change,
to information collection requirements
found in existing regulations imposing a
special measure against the Commercial
Bank of Syria, including its subsidiary
Syrian Lebanese Commercial Bank, as a
financial institution of primary money
laundering concern. This request for
comments is being made pursuant to the
Paperwork Reduction Act of 1995
(‘‘PRA’’), Public Law 104–13, 44 U.S.C.
3506(c)(2)(A).
DATES: Written comments are welcome
and must be received on or before
September 16, 2013.
ADDRESSES: Written comments should
be submitted to: Financial Crimes
Enforcement Network, P.O. Box 39,
Vienna, VA 22183, Attention: Comment
Request; Imposition of Special Measure
against Commercial Bank of Syria.
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: Comment Request;
Imposition of Special Measure against
Commercial Bank of Syria.’’
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
SUMMARY:
E:\FR\FM\18JYN1.SGM
18JYN1
Federal Register / Vol. 78, No. 138 / Thursday, July 18, 2013 / Notices
Officer by telephoning (703) 905–5034
(not a toll free call).
FOR FURTHER INFORMATION CONTACT:
Financial Crimes Enforcement Network,
Policy Division at (800) 949–2732.
Select option 6.
SUPPLEMENTARY INFORMATION: Abstract:
The Director of the Financial Crimes
Enforcement Network (‘‘FinCEN’’) is the
delegated administrator of the Bank
Secrecy Act (‘‘BSA’’). The Act
authorizes the Director to issue
regulations to require all financial
institutions defined as such pursuant to
the Act to maintain or file certain
reports or records that have been
determined to have a high degree of
usefulness in criminal, tax, or regulatory
investigations or proceedings, or in the
conduct of intelligence or counterintelligence activities, including
analysis, to protect against international
terrorism.1 Regulations implementing
section 5318A of title 31, United States
Code can be found in part at 31 CFR
1010.653. In general, the regulations
require financial institutions, as defined
at 31 U.S.C. 5312(a)(2) and 31 CFR
1010.100, to establish, document, and
maintain programs as an aid in
protecting and securing the U.S.
financial system.
Title: Imposition of Special Measure
against Commercial Bank of Syria,
Including its Subsidiary Syrian
Lebanese Commercial Bank, as a
Financial Institution of Primary Money
Laundering Concern.
Office of Management and Budget
Control Number: 1506–0036.
Abstract: FinCEN is issuing this
notice to renew the imposition of a
special measure against the Commercial
Bank of Syria, including its subsidiary
Syrian Lebanese Commercial Bank, as a
financial institution of primary money
laundering concern, pursuant to the
authority contained in 31 U.S.C. 5318A.
Current Action: Renewal without
change to existing regulations.
Type of Review: Extension of a
currently approved information
collection.
Affected Public: Businesses and other
for-profit institutions.
Burden: Estimated Number of
Respondents: 5000.
Estimated Number of Responses:
5000.
Estimated Number of Hours: 5000.
(Estimated at one hour per respondent).
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a valid control
number assigned by the Office of
Management and Budget (‘‘OMB’’).
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; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance and purchase of services to
provide information.
Dated: July 10, 2013.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement
Network.
[FR Doc. 2013–17077 Filed 7–17–13; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2007–
48
Internal Revenue Service (IRS),
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,
TKELLEY on DSK3SPTVN1PROD with NOTICES
SUMMARY:
1 Public
Law 91–508, as amended and codified at
12 U.S.C. 1829b, 12 U.S.C. 1951–1959 and 31 U.S.C.
5311–5332. Language expanding the scope of the
Bank Secrecy Act to intelligence or counterintelligence activities to protect against
international terrorism was added by section 358 of
the Uniting and Strengthening America by
Providing Appropriate Tools Required to Intercept
and Obstruct Terrorism (USA PATRIOT) Act of
2001, Public Law 107–56.
VerDate Mar<15>2010
17:20 Jul 17, 2013
Jkt 229001
PO 00000
Frm 00074
Fmt 4703
Sfmt 4703
43001
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning the
rotable spare parts safe harbor method.
DATES: Written comments should be
received on or before September 16,
2013 to be assured of consideration.
ADDRESSES: Direct all written comments
to Yvette Lawrence, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of revenue procedures should be
directed to Katherine Dean, at Internal
Revenue Service, room 6242, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet at
Katherine.b.dean@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Rotable Spare Parts Safe Harbor
Method.
OMB Number: 1545–2070.
Revenue Procedure Number: Rev.
Proc. 2007–48.
Abstract: The information for which
the agency is requesting to collect will
support a taxpayer’s claim for eligibility
to use the safe harbor method of
accounting for rotable spare parts
provided in the proposed revenue
procedures. The information will be
submitted as a supporting schedule for
the Form 3115, Application for Change
in Accounting Method.
Current Actions: There are no changes
being made to the revenue procedures at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
300.
Estimated Time per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 75.
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 OMB control number.
Books or records relating to a collection
of information must be retained as long
as their contents may become material
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
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
E:\FR\FM\18JYN1.SGM
18JYN1
]]>Agencies
[Federal Register Volume 78, Number 138 (Thursday, July 18, 2013)]
[Notices]
[Pages 43000-43001]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-17077]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
Financial Crimes Enforcement Network; Proposed Renewal Without
Change; Comment Request; Imposition of Special Measure Against
Commercial Bank of Syria, Including its Subsidiary Syrian Lebanese
Commercial Bank, as a Financial Institution of Primary Money Laundering
Concern
AGENCY: Financial Crimes Enforcement Network, Department of the
Treasury.
ACTION: Request for comments.
-----------------------------------------------------------------------
SUMMARY: As part of our continuing effort to reduce paperwork and
respondent burden, we invite comment on a proposed renewal, without
change, to information collection requirements found in existing
regulations imposing a special measure against the Commercial Bank of
Syria, including its subsidiary Syrian Lebanese Commercial Bank, as a
financial institution of primary money laundering concern. This request
for comments is being made pursuant to the Paperwork Reduction Act of
1995 (``PRA''), Public Law 104-13, 44 U.S.C. 3506(c)(2)(A).
DATES: Written comments are welcome and must be received on or before
September 16, 2013.
ADDRESSES: Written comments should be submitted to: Financial Crimes
Enforcement Network, P.O. Box 39, Vienna, VA 22183, Attention: Comment
Request; Imposition of Special Measure against Commercial Bank of
Syria. 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: Comment Request;
Imposition of Special Measure against Commercial Bank of Syria.''
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
[[Page 43001]]
Officer by telephoning (703) 905-5034 (not a toll free call).
FOR FURTHER INFORMATION CONTACT: Financial Crimes Enforcement Network,
Policy Division at (800) 949-2732. Select option 6.
SUPPLEMENTARY INFORMATION: Abstract: The Director of the Financial
Crimes Enforcement Network (``FinCEN'') is the delegated administrator
of the Bank Secrecy Act (``BSA''). The Act authorizes the Director to
issue regulations to require all financial institutions defined as such
pursuant to the Act to maintain or file certain reports or records that
have been determined to have a high degree of usefulness in criminal,
tax, or regulatory investigations or proceedings, or in the conduct of
intelligence or counter-intelligence activities, including analysis, to
protect against international terrorism.\1\ Regulations implementing
section 5318A of title 31, United States Code can be found in part at
31 CFR 1010.653. In general, the regulations require financial
institutions, as defined at 31 U.S.C. 5312(a)(2) and 31 CFR 1010.100,
to establish, document, and maintain programs as an aid in protecting
and securing the U.S. financial system.
---------------------------------------------------------------------------
\1\ Public Law 91-508, as amended and codified at 12 U.S.C.
1829b, 12 U.S.C. 1951-1959 and 31 U.S.C. 5311-5332. Language
expanding the scope of the Bank Secrecy Act to intelligence or
counter-intelligence activities to protect against international
terrorism was added by section 358 of the Uniting and Strengthening
America by Providing Appropriate Tools Required to Intercept and
Obstruct Terrorism (USA PATRIOT) Act of 2001, Public Law 107-56.
---------------------------------------------------------------------------
Title: Imposition of Special Measure against Commercial Bank of
Syria, Including its Subsidiary Syrian Lebanese Commercial Bank, as a
Financial Institution of Primary Money Laundering Concern.
Office of Management and Budget Control Number: 1506-0036.
Abstract: FinCEN is issuing this notice to renew the imposition of
a special measure against the Commercial Bank of Syria, including its
subsidiary Syrian Lebanese Commercial Bank, as a financial institution
of primary money laundering concern, pursuant to the authority
contained in 31 U.S.C. 5318A.
Current Action: Renewal without change to existing regulations.
Type of Review: Extension of a currently approved information
collection.
Affected Public: Businesses and other for-profit institutions.
Burden: Estimated Number of Respondents: 5000.
Estimated Number of Responses: 5000.
Estimated Number of Hours: 5000. (Estimated at one hour per
respondent).
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a valid
control number assigned by the Office of Management and Budget
(``OMB''). 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; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance and purchase of services to provide information.
Dated: July 10, 2013.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network.
[FR Doc. 2013-17077 Filed 7-17-13; 8:45 am]
BILLING CODE 4810-02-P
