Proposed Collection; Comment Request for Persons Providing Remittance Forwarding Services to Cuba, 6104-6105 [2016-02091]


[Federal Register Volume 81, Number 23 (Thursday, February 4, 2016)]
[Pages 6104-6105]
From the Federal Register Online via the Government Publishing Office []
[FR Doc No: 2016-02091]



Office of Foreign Assets Control

Proposed Collection; Comment Request for Persons Providing 
Remittance Forwarding Services to Cuba

AGENCY: Office of Foreign Assets Control, 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 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 Office of Foreign Assets Control (OFAC) within the 
Department of the Treasury is soliciting comments concerning OFAC's 
information collection requirements for persons providing remittance 
forwarding services to Cuba, which are contained within the Cuban 
Assets Control Regulations set forth at 31 CFR part 515.

DATES: Written comments must be submitted on or before April 4, 2016 to 
be assured of consideration.

ADDRESSES: You may submit comments by any of the following methods:
    Federal eRulemaking Portal: Follow the 
instructions on the Web site for submitting comments.
    Fax: Attn: Request for Comments (Persons Providing Remittance 
Forwarding Services to Cuba) 202-622-1657.
    Mail: Attn: Request for Comments (Persons Providing Remittance 
Forwarding Services to Cuba), Office of Foreign Assets Control, 
Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, 
DC 20220.
    Instructions: All submissions received must include the agency name 
and the Federal Register Doc. number that appears at the end of this 
document. Comments received will be made available to the public via or upon request, without change and including any 
personal information provided.

FOR FURTHER INFORMATION CONTACT: The Department of the Treasury's 
Office of Foreign Assets Control: Assistant Director for Licensing, 
tel.: 202-622-2480, Assistant Director for Regulatory Affairs, tel.: 
202-622-4855, Assistant Director for Sanctions Compliance & Evaluation, 
tel.: 202-622-2490; or the Department of the Treasury's Office of the 
Chief Counsel (Foreign Assets Control), Office of the General Counsel, 
tel.: 202-622-2410.

    Title: Persons Providing Remittance Forwarding Services to Cuba.
    OMB Number: 1505-0167.
    Abstract: The information is required of persons subject to the 
jurisdiction of the United States who make remittances to persons in 
Cuba pursuant to the general licenses in section 515.570 of the Cuban 
Assets Control Regulations, 31 CFR part 515 (CACR). The information 
will be used by OFAC to monitor compliance with regulations governing 
unlimited family and family inherited remittances, donative 
remittances, unlimited remittances to religious organizations, 
remittances to students in Cuba pursuant to an educational license, 
limited emigration remittances, and periodic remittances from blocked 
    Current Actions: As a result of policy changes, which were 
implemented in regulatory changes published by OFAC on January 16, 2015 
(80 FR 2291) and on September 21, 2015 (80 FR 56915), OFAC modified the 
information collection requirements on Remittance Forwarders (RFs) and 
removed the suggested form TD F 90-22.52 (Cuban Remittance Affidavit) 
for the collection of that information as previously approved by OMB 
(No. 1505-0167). In addition, OFAC removed, among others, the monetary 
limits on donative remittances to Cuba. As to information collection 
requirements, OFAC previously required RFs to collect information 
showing compliance with relevant remittance provisions and/or provide a 
voluntary remittance affidavit form including, within the relevant 
category of authorized remittance, the name of the recipient (and if 
applicable, relation, date of birth, visa number/date) and the 
remitter's address, contact information, mother's maiden name, and date 
of birth. OFAC now requires only that persons subject to U.S. 
jurisdiction providing remittance forwarding services authorized 
pursuant to 31 CFR 515.570 retain for at least five

[[Page 6105]]

years from the date of the transaction a certification from each 
customer indicating the section of 31 CFR part 515 that authorizes the 
person to send the remittance to Cuba. In addition, banking 
institutions providing remittance forwarding services must maintain on 
file the names and addresses of individual remitters, the number and 
amount of each remittance, and the name and address of each recipient, 
as applicable.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals, households, businesses, banking 
    Estimated Number of Respondents: 4,000,000.
    Estimated Time per Respondent: 1 minute.
    Estimated Total Annual Burden Hours: 116,667.
    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. Books or records relating to a collection of 
information 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 has 
practical utility; (b) the accuracy of the agency's estimate of the 
burden of the collection of information, including the validity of the 
methodology and assumptions used; (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.

John E. Smith,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2016-02091 Filed 2-3-16; 8:45 am]
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