Proposed Collection; Comment Request; Renewal Without Change of the FinCEN Suspicious Activity Reports Electronic Data Fields, 46903-46904 [2014-18859]
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Federal Register / Vol. 79, No. 154 / Monday, August 11, 2014 / Notices
Federal Register published on April 11,
2000 (65 FR 19477).
Issued in Washington, DC, on August 5,
2014.
Ron Hynes,
Director, Office of Safety Assurance and
Compliance.
[FR Doc. 2014–18907 Filed 8–8–14; 8:45 am]
preserve the present number of minority
depository institutions, preserve the
minority character of minority
depository institutions in cases
involving mergers or acquisitions,
provide technical assistance, and
encourage the creation of new minority
depository institutions.
Dated: August 5, 2014.
By the Office of the Comptroller of the
Currency.
Thomas J. Curry,
Comptroller of the Currency.
BILLING CODE 4910–06–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
[FR Doc. 2014–18835 Filed 8–8–14; 8:45 am]
BILLING CODE 4810–33–P
[Docket ID OCC–2014–0019]
DEPARTMENT OF THE TREASURY
Minority Depository Institutions
Advisory Committee
Financial Crimes Enforcement Network
Office of the Comptroller of the
Currency (OCC), Department of the
Treasury.
ACTION: Notice.
AGENCY:
The Comptroller of the
Currency has determined that the
renewal of the Charter of the OCC
Minority Depository Institutions
Advisory Committee (MDIAC) is
necessary and in the public interest in
order to provide advice and information
about the current circumstances and
future development of minority
depository institutions, in accordance
with the goals established by section
308 of the Financial Institutions Reform,
Recovery, and Enforcement Act of 1989
(FIRREA).
DATES: The Charter of the OCC MDIAC
is renewed for a two-year period that
began on July 16, 2014.
FOR FURTHER INFORMATION CONTACT:
Beverly Cole, Senior Advisor to the
Senior Deputy Comptroller for Midsize
and Community Bank Supervision and
Designated Federal Officer, (202) 649–
5420, Office of the Comptroller of the
Currency, 400 7th Street SW.,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Notice of
the renewal of the MDIAC charter is
hereby given under section 10(a)(2) of
the Federal Advisory Committee Act, 5
U.S.C. App. 2 (1988), and with the
approval of the Secretary of the
Treasury. The Comptroller of the
Currency has determined that the
renewal of the MDIAC charter is
necessary and in the public interest in
order to provide advice and information
about the current circumstances and
future development of minority
depository institutions, in accordance
with the goals established by section
308 of FIRREA, Public Law 101–73,
Title III, 103 Stat. 353, 12 U.S.C. 1463
note. The goals of section 308 are to
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SUMMARY:
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Jkt 232001
Proposed Collection; Comment
Request; Renewal Without Change of
the FinCEN Suspicious Activity
Reports Electronic Data Fields
Financial Crimes Enforcement
Network (‘‘FinCEN’’), Treasury.
ACTION: Notice and request for
comments.
AGENCY:
FinCEN invites all interested
parties to comment on its proposed
renewal without change to the
collection of information filings by
financial institutions required to file
such reports under the Bank Secrecy
Act (‘‘BSA’’). This notice does not
propose any new regulatory
requirements or changes to the
requirements related to suspicious
activity reporting. The data fields reflect
the filing requirement for all filers of
SARs under the BSA. This request for
comments covers 31 CFR 1020.320,
1021.320, 1022.320, 1023.320, 1024.320,
1025.320, 1026.320, and 1029.320. This
request for comments 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
October 10, 2014.
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—SAR Database.’’
Comments also may be submitted by
electronic mail to the following Internet
address: regcomments@fincen.treas.gov,
with the caption, ‘‘Attention: SAR
Database’’ in the body of the text. Please
submit by one method only.
Inspection of comments: Comments
may be inspected, between 10 a.m. and
4 p.m., in the FinCEN reading room in
SUMMARY:
PO 00000
Frm 00135
Fmt 4703
Sfmt 4703
46903
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 Resource Center at 800–767–
2825.
SUPPLEMENTARY INFORMATION:
Title: FinCEN Suspicious Activity
Report by Financial Institutions (see 31
CFR 1020.320, 1021.320, 1022.320,
1023.320, 1024.320, 1025.320, 1026.320,
and 1029.320).
OMB Number: 1506–0065.1
Form Number: FinCEN 111.
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, among other things, 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 matters, or in the conduct of
intelligence or counter-intelligence
activities, to protect against
international terrorism, and to
implement anti-money laundering
programs and compliance procedures.2
Regulations implementing Title II of the
BSA appear at 31 CFR Chapter X. The
authority of the Secretary to administer
the BSA has been delegated to the
Director of FinCEN.3
The information collected on the
‘‘report’’ is required to be provided
pursuant to 31 U.S.C. 5318(g), as
implemented by FinCEN regulations
found at 31 CFR 1020.320, 1021.320,
1022.320, 1023.320, 1024.320, 1025.320,
1026.320, 1029.320. The information
collected under this requirement is
made available to appropriate agencies
and organizations as disclosed in
FinCEN’s Privacy Act System of Records
Notice relating to BSA Reports.4
1 The SAR reporting requirements are currently
covered under the following OMB Control numbers:
1506–0001 (Depository Institutions), 1506–0006
(Casinos and Card Clubs), 1506–0015 (Money
Services Business), 1506–0019 (Securities and
Futures Industries including Mutual Funds), 1506–
0029 (Insurance Companies), and 1506–0061
(Residential Mortgage Lenders and Originators).
2 Language expanding the scope of the BSA 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 Act of 2001 (the
USA PATRIOT Act), Public Law 107–56.
3 Treasury Order 180–01 (Sept. 26, 2002).
4 Department of the Treasury bureaus such as
FinCEN renew their System of Records Notices
every three years unless there is cause to amend
them more frequently. FinCEN’s System of Records
E:\FR\FM\11AUN1.SGM
Continued
11AUN1
46904
Federal Register / Vol. 79, No. 154 / Monday, August 11, 2014 / Notices
Current Action: FinCEN is renewing
without change the electronic data
elements currently supporting the
reporting of suspicious financial
activities. All filings (discrete, batch,
and computer-to-computer) will be
accessed through the BSA E-Filing
system using current registration and
login procedures.
Type of Review: Renewal without
change of a currently approved
collection.
Affected Public: Businesses or other
for-profit and not-for-profit financial
institutions.
Frequency: As required.
Estimated Reporting Burden: Average
of 60 minutes per report and 60
minutes. recordkeeping per filing. (The
reporting burden of the regulations at 31
CFR 1020.320, 1021.320, 1022.320,
1023.320, 1024.320, 1025.320, 1026.320,
and 1029.320 is reflected in the burden
for the form.)
Estimated Number of Respondents:
84,655 (Broker-Dealers, Casinos and
Card Clubs, Depository Institutions,
Future Commission Merchants,
Introducing brokers in commodities,
Insurance Companies, Money Services
Businesses, Mutual Funds, and NonBank Residential Mortgage Lenders and
Originators).
Estimated Total Annual Responses:
1,458,689.5
Estimated Total Annual Reporting
and Recordkeeping Burden: 2,917,378
hours.
Note: A joint filing will increase the
burden to 90 minutes reporting and 60
minutes recordkeeping for a total of 2 and 1⁄2
hours per report.6 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
under the BSA must be retained for five
years.
mstockstill on DSK4VPTVN1PROD with NOTICES
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;
Notice for BSA Reports System was most recently
published at 77 FR 60014–60022 (October 1, 2012).
5 Numbers are based on actual 2013 filings as
reported by the BSA E-Filing system as of 12/31/
2013. This number reflects the average total number
of SAR filings for the year.
6 Two separate financial institutions filing a
single SAR. This type of filing constitutes less than
1% of total filings.
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18:37 Aug 08, 2014
Jkt 232001
(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: August 5, 2014.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement
Network.
[FR Doc. 2014–18859 Filed 8–8–14; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF VETERANS
AFFAIRS
Solicitation of Nominations for
Appointment to the Advisory
Committee on Cemeteries and
Memorials
ACTION:
Amended Notice.
The Department of Veterans
Affairs (VA), National Cemetery
Administration (NCA), is seeking
nominations of qualified candidates to
be considered for appointment as a
member of the Advisory Committee on
Cemeteries and Memorials (herein-after
in this section referred to as ‘‘the
Committee’’). The Committee was
established pursuant to 38 U.S.C. 2401
to advise the Secretary of VA with
respect to the administration of VA
national cemeteries, soldiers’ lots and
plots, which are the responsibility of the
Secretary, the erection of appropriate
memorials and the adequacy of Federal
burial benefits. Nominations of qualified
candidates are being sought to fill
upcoming vacancies on the Committee.
DATES: Nominations for membership on
the Committee must be received no later
than 5:00 p.m. EST on August 29, 2014.
ADDRESSES: All nominations should be
mailed to National Cemetery
Administration, Department of Veterans
Affairs, 810 Vermont Ave. NW (43A2),
Washington, DC 20420, or faxed to (202)
632–7910.
FOR FURTHER INFORMATION CONTACT: Mr.
Michael Nacincik, National Cemetery
Administration, Department of Veterans
Affairs, 810 Vermont Ave. NW (43A2),
Washington, DC 20420, telephone (202)
632–8013. A copy of Committee charter
and list of the current membership can
be obtained by contacting Mr. Nacincik
or by accessing the Web site managed by
SUMMARY:
PO 00000
Frm 00136
Fmt 4703
Sfmt 4703
NCA at: https://www.cem.va.gov/cem/
about/advisory_committee.asp.
SUPPLEMENTARY INFORMATION: The
Advisory Committee on Cemeteries and
Memorials (ACCM) was established
pursuant to 38 U.S.C. 2401 to advise the
Secretary of VA with respect to the
administration of VA national
cemeteries, soldiers’ lots and plots,
which are the responsibility of the
Secretary, the erection of appropriate
memorials and the adequacy of Federal
burial benefits. The Committee
responsibilities include:
(1) Advising the Secretary on VA’s
administration of burial benefits and the
selection of cemetery sites, the erection
of appropriate memorials, and the
adequacy of Federal burial benefits
(2) Providing to the Secretary and
Congress periodic reports outlining
recommendations, concerns, and
observations on VA’s delivery of these
benefits and services to Veterans.
(3) Meeting with VA officials, Veteran
Service Organizations, and other
stakeholders to assess the Department’s
efforts in providing burial benefits and
outreach on these benefits to Veterans
and their dependents.
NCA is requesting nominations for
upcoming vacancies on the Committee.
The Committee is currently composed
of 11 members, in addition to ex-officio
members.
The members of the Committee are
appointed by the Secretary of Veteran
Affairs from the general public,
including but not limited to:
(1) Veterans or other individuals who
are recognized authorities in fields
pertinent to the needs of Veterans;
(2) Veterans who have experience in
a military theater of operations;
(3) Recently separated veterans.
The Secretary shall determine the
number, terms of service, and pay and
allowances of members of the
Committee appointed by the Secretary,
except that a term of service of any such
member may not exceed four years. The
Secretary may reappoint any such
member for additional terms of service.
To the extent possible, the Secretary
seeks members who have diverse
professional and personal qualifications,
including but not limited to prior
military experience and military
deployments, experience working with
Veterans and in large and complex
organizations, and subject matter
expertise in the subject areas described
above. We ask that nominations include
information of this type so that VA can
ensure a balanced Committee
membership.
Requirements for Nomination
Submission: Nominations should be
E:\FR\FM\11AUN1.SGM
11AUN1
]]>Agencies
[Federal Register Volume 79, Number 154 (Monday, August 11, 2014)]
[Notices]
[Pages 46903-46904]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-18859]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
Proposed Collection; Comment Request; Renewal Without Change of
the FinCEN Suspicious Activity Reports Electronic Data Fields
AGENCY: Financial Crimes Enforcement Network (``FinCEN''), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: FinCEN invites all interested parties to comment on its
proposed renewal without change to the collection of information
filings by financial institutions required to file such reports under
the Bank Secrecy Act (``BSA''). This notice does not propose any new
regulatory requirements or changes to the requirements related to
suspicious activity reporting. The data fields reflect the filing
requirement for all filers of SARs under the BSA. This request for
comments covers 31 CFR 1020.320, 1021.320, 1022.320, 1023.320,
1024.320, 1025.320, 1026.320, and 1029.320. This request for comments
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
October 10, 2014.
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--SAR
Database.'' Comments also may be submitted by electronic mail to the
following Internet address: regcomments@fincen.treas.gov, with the
caption, ``Attention: SAR Database'' in the body of the text. Please
submit by one method only.
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 Resource Center at 800-767-
2825.
SUPPLEMENTARY INFORMATION:
Title: FinCEN Suspicious Activity Report by Financial Institutions
(see 31 CFR 1020.320, 1021.320, 1022.320, 1023.320, 1024.320, 1025.320,
1026.320, and 1029.320).
OMB Number: 1506-0065.\1\
---------------------------------------------------------------------------
\1\ The SAR reporting requirements are currently covered under
the following OMB Control numbers: 1506-0001 (Depository
Institutions), 1506-0006 (Casinos and Card Clubs), 1506-0015 (Money
Services Business), 1506-0019 (Securities and Futures Industries
including Mutual Funds), 1506-0029 (Insurance Companies), and 1506-
0061 (Residential Mortgage Lenders and Originators).
---------------------------------------------------------------------------
Form Number: FinCEN 111.
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, among other things, 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
matters, or in the conduct of intelligence or counter-intelligence
activities, to protect against international terrorism, and to
implement anti-money laundering programs and compliance procedures.\2\
Regulations implementing Title II of the BSA appear at 31 CFR Chapter
X. The authority of the Secretary to administer the BSA has been
delegated to the Director of FinCEN.\3\
---------------------------------------------------------------------------
\2\ Language expanding the scope of the BSA 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 Act of 2001 (the USA PATRIOT Act), Public Law
107-56.
\3\ Treasury Order 180-01 (Sept. 26, 2002).
---------------------------------------------------------------------------
The information collected on the ``report'' is required to be
provided pursuant to 31 U.S.C. 5318(g), as implemented by FinCEN
regulations found at 31 CFR 1020.320, 1021.320, 1022.320, 1023.320,
1024.320, 1025.320, 1026.320, 1029.320. The information collected under
this requirement is made available to appropriate agencies and
organizations as disclosed in FinCEN's Privacy Act System of Records
Notice relating to BSA Reports.\4\
---------------------------------------------------------------------------
\4\ Department of the Treasury bureaus such as FinCEN renew
their System of Records Notices every three years unless there is
cause to amend them more frequently. FinCEN's System of Records
Notice for BSA Reports System was most recently published at 77 FR
60014-60022 (October 1, 2012).
---------------------------------------------------------------------------
[[Page 46904]]
Current Action: FinCEN is renewing without change the electronic
data elements currently supporting the reporting of suspicious
financial activities. All filings (discrete, batch, and computer-to-
computer) will be accessed through the BSA E-Filing system using
current registration and login procedures.
Type of Review: Renewal without change of a currently approved
collection.
Affected Public: Businesses or other for-profit and not-for-profit
financial institutions.
Frequency: As required.
Estimated Reporting Burden: Average of 60 minutes per report and 60
minutes. recordkeeping per filing. (The reporting burden of the
regulations at 31 CFR 1020.320, 1021.320, 1022.320, 1023.320, 1024.320,
1025.320, 1026.320, and 1029.320 is reflected in the burden for the
form.)
Estimated Number of Respondents: 84,655 (Broker-Dealers, Casinos
and Card Clubs, Depository Institutions, Future Commission Merchants,
Introducing brokers in commodities, Insurance Companies, Money Services
Businesses, Mutual Funds, and Non-Bank Residential Mortgage Lenders and
Originators).
Estimated Total Annual Responses: 1,458,689.\5\
---------------------------------------------------------------------------
\5\ Numbers are based on actual 2013 filings as reported by the
BSA E-Filing system as of 12/31/2013. This number reflects the
average total number of SAR filings for the year.
---------------------------------------------------------------------------
Estimated Total Annual Reporting and Recordkeeping Burden:
2,917,378 hours.
Note: A joint filing will increase the burden to 90 minutes
reporting and 60 minutes recordkeeping for a total of 2 and \1/2\
hours per report.\6\ 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 under 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 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.
---------------------------------------------------------------------------
\6\ Two separate financial institutions filing a single SAR.
This type of filing constitutes less than 1% of total filings.
Dated: August 5, 2014.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network.
[FR Doc. 2014-18859 Filed 8-8-14; 8:45 am]
BILLING CODE 4810-02-P
