Notice of Geographic Targeting Order, 42606-42607 [2015-17572]

Download as PDF srobinson on DSK5SPTVN1PROD with NOTICES 42606 Federal Register / Vol. 80, No. 137 / Friday, July 17, 2015 / Notices exemption under 49 CFR 1150.31(a)(3) to lease from the North Carolina Department of Transportation (NCDOT), and to operate, approximately 13 miles of rail line in Gaston County, N.C., consisting of the following two segments: (1) Between milepost SFC 11.39 at Mt. Holly, N.C., and milepost SFC 23.0 at Gastonia, N.C.; and (2) the Belmont Branch, between milepost SFC 13.6/SFF 0.13 and milepost SFF 1.56, including all sidings, industrial tracks, yard, and storage tracks, pursuant to a lease and operating agreement dated May 13, 2015. This transaction is related to a concurrently filed verified notice of exemption in Iowa Pacific Holdings, LLC and Permian Basin Railways— Continuance in Control Exemption— Piedmont Railway LLC, Docket No. FD 35937, in which Iowa Pacific Holdings, LLC and Permian Basin Railways seek Board approval to continue in control of Piedmont under 49 CFR 1180.2(d)(2), upon Piedmont’s becoming a Class III rail carrier. According to Piedmont, it will replace the existing rail carrier, Piedmont and Northern Railway, LLC, a subsidiary of Patriot Rail Company LLC., and will be the sole provider of common carrier rail service on the 13-mile line pursuant to the ‘‘change in operators’’ provision of section 1150.31(a)(3). Piedmont certifies that the projected annual revenues as a result of this transaction will not result in Piedmont becoming a Class I or Class II rail carrier and will not exceed $5 million. Piedmont states that there are no agreements applicable to the line imposing any interchange commitments. Piedmont intends to consummate this transaction on or about August 1, 2015. If the verified notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the effectiveness of the exemption. Petitions to stay must be filed by July 24, 2015 (at least seven days prior to the date the exemption becomes effective). An original and 10 copies of all pleadings, referring to Docket No. FD 35936, must be filed with the Surface Transportation Board 395 E Street SW., Washington, DC 20423–0001. In addition, a copy of each pleading must be served on applicant’s representative, John D. Heffner, Strasburger & Price, LLP, 1025 Connecticut Ave. NW., Suite 717, Washington, DC 20036. VerDate Sep<11>2014 20:59 Jul 16, 2015 Jkt 235001 Board decisions and notices are available on our Web site at WWW.STB.DOT.GOV. Decided: July 13, 2015. By the Board, Joseph H. Dettmar, Acting Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2015–17573 Filed 7–16–15; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35937] Iowa Pacific Holdings, LLC and Permian Basin Railways—Continuance in Control Exemption—Piedmont Railway LLC Iowa Pacific Holdings, LLC (IPH), and its wholly owned subsidiary, Permian Basin Railways (PBR) (collectively, applicants) have jointly filed a verified notice of exemption pursuant to 49 CFR 1180.2(d)(2) to continue in control of Piedmont Railway LLC (Piedmont), upon Piedmont’s becoming a Class III rail carrier.1 This transaction is related to a concurrently filed verified notice of exemption in Piedmont Railway LLC— Lease & Operation Exemption—North Carolina Department of Transportation, Docket No. FD 35936, wherein Piedmont seeks Board approval to lease and operate approximately 13 miles of rail line owned by the North Carolina Department of Transportation (NCDOT) in Gaston County, N.C. The line consists of two segments: (1) between milepost SFC 11.39 at Mt. Holly, N.C., and milepost SFC 23.0 at Gastonia, N.C.; and (2) the Belmont Branch, between milepost SFC 13.6/SFF 0.13 and milepost SFF 1.56, including all sidings, industrial tracks, yard, and storage tracks. The parties intend to consummate the proposed transaction on August 1, 2015. Applicants currently control 13 Class III rail carriers, operating in 10 states. For a complete list of these rail carriers, and the states in which they operate, see applicants’ notice of exemption filed on July 1, 2015. The notice is available on the Board’s Web site at ‘‘WWW.STB.DOT.GOV.’’ Applicants certify that: (1) The rail lines to be operated by Piedmont do not connect with any other railroads operated by the carriers in the 1 Piedmont is a new, limited liability company and an indirect corporate subsidiary of IPH, which owns 100% of PBR, which in turn, will own 100% of Piedmont. PO 00000 Frm 00140 Fmt 4703 Sfmt 4703 applicants’ corporate family; (2) the continuance in control is not part of a series of anticipated transactions that would connect the rail lines to be operated by Piedmont with any other railroad in applicants’ corporate family; and (3) the transaction does not involve a Class I rail carrier. Therefore, the transaction is exempt from the prior approval requirements of 49 U.S.C. 11323. See 49 CFR 1180.2(d)(2). Under 49 U.S.C. 10502(g), the Board may not use its exemption authority to relieve a rail carrier of its statutory obligation to protect the interests of its employees. Section 11326(c), however, does not provide for labor protection for transactions under §§ 11324 and 11325 that involve only Class III rail carriers. Accordingly, the Board may not impose labor protective conditions here, because all of the carriers involved are Class III carriers. If the notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the effectiveness of the exemption. Stay petitions must be filed no later than July 24, 2015 (at least seven days before the exemption becomes effective). An original and 10 copies of all pleadings, referring to Docket No. FD 35937, must be filed with the Surface Transportation Board, 395 E Street SW., Washington, DC 20423–0001. In addition, one copy of each pleading must be served on John D. Heffner, Strasburger & Price, LLP, 1025 Connecticut Ave. NW., Suite 717, Washington, DC 20036. Board decisions and notices are available on our Web site at ‘‘WWW.STB.DOT.GOV.’’ Decided: July 13, 2015. By the Board, Joseph H. Dettmar, Acting Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2015–17574 Filed 7–16–15; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Notice of Geographic Targeting Order Financial Crimes Enforcement Network, Treasury. ACTION: Notice. AGENCY: This document provides notice that, pursuant to 31 U.S.C. 5326(a), the Director of the Financial Crimes Enforcement Network SUMMARY: E:\FR\FM\17JYN1.SGM 17JYN1 Federal Register / Vol. 80, No. 137 / Friday, July 17, 2015 / Notices (‘‘FinCEN’’), U.S. Department of the Treasury, issued on July 13, 2015 a Geographic Targeting Order (‘‘Order’’) requiring check cashers located in two South Florida counties to obtain and record identifying information about persons cashing Federal tax refund checks in excess of $1,000, as further described in the Order. DATES: This Notice is effective on July 17, 2015. FOR FURTHER INFORMATION CONTACT: All questions about the Order must be addressed to the FinCEN Resource Center at (800) 767–2825 (Monday through Friday, 8:00 a.m.–6:00 p.m. EST). The Geographic Targeting Order is published as an attachment to this notice. SUPPLEMENTARY INFORMATION: Jennifer Shasky Calvery, Director, Financial Crimes Enforcement Network, U.S. Department of Treasury. Geographic Targeting Order I. Authority The Director of FinCEN may issue an order that imposes certain additional recordkeeping and reporting requirements on one or more domestic financial institutions or nonfinancial trades or businesses in a geographic area. See 31 U.S.C. 5326(a); 31 CFR 1010.370; Treasury Order 180–01. Pursuant to this authority, the Director of FinCEN hereby finds that reasonable grounds exist for concluding that the additional recordkeeping requirements described below are necessary to carry out the purposes of the Bank Secrecy Act and prevent evasions thereof.1 II. Additional Recordkeeping Requirements srobinson on DSK5SPTVN1PROD with NOTICES A. Check Cashers and Transactions Covered by This Order Bank Secrecy Act is codified at 12 U.S.C. 1829b, 1951–1959 and 31 U.S.C. 5311–5314, 5316– 5332. Regulations implementing the Bank Secrecy Act appear at 31 CFR Chapter X. VerDate Sep<11>2014 20:59 Jul 16, 2015 Jkt 235001 B. Records Required To Be Obtained by a Covered Business When Engaging in a Covered Transaction If a Covered Business engages in a Covered Transaction, the Covered Business must obtain at the time of the Covered Transaction and record the following identifying information about the customer conducting the transaction: (i) A copy of the customer’s valid government-issued identification, which must evidence nationality or residence, include a photograph of the customer, and be issued in the same name as that of the original payee of the check; 2 (ii) a clear digital photograph of the customer taken at the time of the Covered Transaction that matches the photograph depicted on the identification provided by the customer; 3 (iii) the customer’s phone number; and (iv) a clear original thumbprint of the customer that is recorded on the check. C. Retention of Records A Covered Business must: (i) Retain all records relating to compliance with this Order for a period of five years from the last day that this Order is effective (including any renewals of this Order); (ii) store such records in a manner accessible within a reasonable period of time; and (iii) make such records available to FinCEN or any other appropriate law enforcement or regulatory agency, upon request. III. General Provisions For purposes of this Order, a ‘‘Covered Business’’ means a check casher, as defined under 31 CFR 1010.100(ff)(2), that maintains a location (including a branch or agent location) in one of the following counties in the State of Florida: Miami-Dade County or Broward County (the ‘‘Covered Geographic Area’’). For purposes of this Order, a ‘‘Covered Transaction’’ means any transaction in which a Covered Business cashes a Federal tax refund check in excess of $1,000 within the Covered Geographic Area. A Federal tax refund 1 The check includes (i) a U.S. Treasury check used to pay a tax refund, or (ii) a check issued by a third party in connection with an anticipated Federal tax refund (e.g., a Refund Anticipation Loan check). A. Definitions All terms used but not otherwise defined herein have the meaning set forth in Chapter X of Title 31 of the United States Code of Federal Regulations. B. Order Period The terms of this Order are effective beginning on August 3, 2015 and ending on January 30, 2016 (except as otherwise provided in Section II(C) above). 2 For example, a driver’s license or passport are acceptable forms of identification. 3 An image captured by a surveillance video is not sufficient to satisfy this photograph requirement. PO 00000 Frm 00141 Fmt 4703 Sfmt 4703 42607 C. No Effect on Other Provisions of the Bank Secrecy Act Nothing in this Order modifies or otherwise affects any provision of the regulations implementing the Bank Secrecy Act to the extent not expressly stated herein. D. Compliance A Covered Business must supervise, and is responsible for, compliance by each of its officers, directors, and employees with the terms of this Order. A Covered Business must transmit the Order to its Chief Executive Officer or other similarly acting manager. E. Penalties for Noncompliance A Covered Business and any of its officers, directors, employees, or agents may be liable, without limitation, for civil and/or criminal penalties for violating any of the terms of this Order. F. Validity of Order Any judicial determination that any provision of this Order is invalid does not affect the validity of any other provision of this Order, and each other provision must thereafter remain in full force and effect. A copy of this Order carries the full force and effect of an original signed Order. G. Paperwork Reduction Act The collection of information subject to the Paperwork Reduction Act contained in this Order has been approved by the Office of Management and Budget (‘‘OMB’’) and assigned OMB Control Number 1506–0056. H. Questions All questions about the Order must be addressed to the FinCEN Resource Center at (800) 767–2825 (Monday through Friday, 8:00 a.m.–6:00 p.m. EST). Dated: July 8, 2015. Jennifer Shasky Calvery, Director, Financial Crimes Enforcement Network, U.S. Department of the Treasury. [FR Doc. 2015–17572 Filed 7–16–15; 8:45 am] BILLING CODE 4810–02–P DEPARTMENT OF THE TREASURY Financial Crimes Enforcement Network Proposed Renewal Without Change; Comment Request; Customer Identification Programs for Various Financial Institutions Financial Crimes Enforcement Network (‘‘FinCEN’’), Treasury. ACTION: Notice and request for comments. AGENCY: E:\FR\FM\17JYN1.SGM 17JYN1

Agencies

[Federal Register Volume 80, Number 137 (Friday, July 17, 2015)]
[Notices]
[Pages 42606-42607]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-17572]


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DEPARTMENT OF THE TREASURY


Notice of Geographic Targeting Order

AGENCY: Financial Crimes Enforcement Network, Treasury.

ACTION: Notice.

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SUMMARY: This document provides notice that, pursuant to 31 U.S.C. 
5326(a), the Director of the Financial Crimes Enforcement Network

[[Page 42607]]

(``FinCEN''), U.S. Department of the Treasury, issued on July 13, 2015 
a Geographic Targeting Order (``Order'') requiring check cashers 
located in two South Florida counties to obtain and record identifying 
information about persons cashing Federal tax refund checks in excess 
of $1,000, as further described in the Order.

DATES: This Notice is effective on July 17, 2015.

FOR FURTHER INFORMATION CONTACT: All questions about the Order must be 
addressed to the FinCEN Resource Center at (800) 767-2825 (Monday 
through Friday, 8:00 a.m.-6:00 p.m. EST).

SUPPLEMENTARY INFORMATION: The Geographic Targeting Order is published 
as an attachment to this notice.

Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network, U.S. Department of 
Treasury.

Geographic Targeting Order

I. Authority

    The Director of FinCEN may issue an order that imposes certain 
additional recordkeeping and reporting requirements on one or more 
domestic financial institutions or nonfinancial trades or businesses in 
a geographic area. See 31 U.S.C. 5326(a); 31 CFR 1010.370; Treasury 
Order 180-01. Pursuant to this authority, the Director of FinCEN hereby 
finds that reasonable grounds exist for concluding that the additional 
recordkeeping requirements described below are necessary to carry out 
the purposes of the Bank Secrecy Act and prevent evasions thereof.\1\
---------------------------------------------------------------------------

    \1\ The Bank Secrecy Act is codified at 12 U.S.C. 1829b, 1951-
1959 and 31 U.S.C. 5311-5314, 5316-5332. Regulations implementing 
the Bank Secrecy Act appear at 31 CFR Chapter X.
---------------------------------------------------------------------------

II. Additional Recordkeeping Requirements

A. Check Cashers and Transactions Covered by This Order

    For purposes of this Order, a ``Covered Business'' means a check 
casher, as defined under 31 CFR 1010.100(ff)(2), that maintains a 
location (including a branch or agent location) in one of the following 
counties in the State of Florida: Miami-Dade County or Broward County 
(the ``Covered Geographic Area'').
    For purposes of this Order, a ``Covered Transaction'' means any 
transaction in which a Covered Business cashes a Federal tax refund 
check in excess of $1,000 within the Covered Geographic Area. A Federal 
tax refund check includes (i) a U.S. Treasury check used to pay a tax 
refund, or (ii) a check issued by a third party in connection with an 
anticipated Federal tax refund (e.g., a Refund Anticipation Loan 
check).

B. Records Required To Be Obtained by a Covered Business When Engaging 
in a Covered Transaction

    If a Covered Business engages in a Covered Transaction, the Covered 
Business must obtain at the time of the Covered Transaction and record 
the following identifying information about the customer conducting the 
transaction:
    (i) A copy of the customer's valid government-issued 
identification, which must evidence nationality or residence, include a 
photograph of the customer, and be issued in the same name as that of 
the original payee of the check; \2\
---------------------------------------------------------------------------

    \2\ For example, a driver's license or passport are acceptable 
forms of identification.
---------------------------------------------------------------------------

    (ii) a clear digital photograph of the customer taken at the time 
of the Covered Transaction that matches the photograph depicted on the 
identification provided by the customer; \3\
---------------------------------------------------------------------------

    \3\ An image captured by a surveillance video is not sufficient 
to satisfy this photograph requirement.
---------------------------------------------------------------------------

    (iii) the customer's phone number; and
    (iv) a clear original thumbprint of the customer that is recorded 
on the check.

C. Retention of Records

    A Covered Business must: (i) Retain all records relating to 
compliance with this Order for a period of five years from the last day 
that this Order is effective (including any renewals of this Order); 
(ii) store such records in a manner accessible within a reasonable 
period of time; and (iii) make such records available to FinCEN or any 
other appropriate law enforcement or regulatory agency, upon request.

III. General Provisions

A. Definitions

    All terms used but not otherwise defined herein have the meaning 
set forth in Chapter X of Title 31 of the United States Code of Federal 
Regulations.

B. Order Period

    The terms of this Order are effective beginning on August 3, 2015 
and ending on January 30, 2016 (except as otherwise provided in Section 
II(C) above).

C. No Effect on Other Provisions of the Bank Secrecy Act

    Nothing in this Order modifies or otherwise affects any provision 
of the regulations implementing the Bank Secrecy Act to the extent not 
expressly stated herein.

D. Compliance

    A Covered Business must supervise, and is responsible for, 
compliance by each of its officers, directors, and employees with the 
terms of this Order. A Covered Business must transmit the Order to its 
Chief Executive Officer or other similarly acting manager.

E. Penalties for Noncompliance

    A Covered Business and any of its officers, directors, employees, 
or agents may be liable, without limitation, for civil and/or criminal 
penalties for violating any of the terms of this Order.

F. Validity of Order

    Any judicial determination that any provision of this Order is 
invalid does not affect the validity of any other provision of this 
Order, and each other provision must thereafter remain in full force 
and effect. A copy of this Order carries the full force and effect of 
an original signed Order.

G. Paperwork Reduction Act

    The collection of information subject to the Paperwork Reduction 
Act contained in this Order has been approved by the Office of 
Management and Budget (``OMB'') and assigned OMB Control Number 1506-
0056.

H. Questions

    All questions about the Order must be addressed to the FinCEN 
Resource Center at (800) 767-2825 (Monday through Friday, 8:00 a.m.-
6:00 p.m. EST).

    Dated: July 8, 2015.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network, U.S. Department of the 
Treasury.
[FR Doc. 2015-17572 Filed 7-16-15; 8:45 am]
 BILLING CODE 4810-02-P
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