Agency Information Collection Activities; Comment Request; Renewal Without Change of Bank Secrecy Act Regulations Requiring Depository Institutions and Insurance Companies To Report Suspicious Activity, 5829-5830 [2018-02583]
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Federal Register / Vol. 83, No. 28 / Friday, February 9, 2018 / Notices
The following paragraph applies to
the reporting and recordkeeping
requirements addressed in 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. 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: February 5, 2018.
Jamal El-Hindi,
Deputy Director, Financial Crimes
Enforcement Network.
[FR Doc. 2018–02584 Filed 2–8–18; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
Agency Information Collection
Activities; Comment Request; Renewal
Without Change of Bank Secrecy Act
Regulations Requiring Depository
Institutions and Insurance Companies
To Report Suspicious Activity
Financial Crimes Enforcement
Network (‘‘FinCEN’’), U.S. Department
of the Treasury.
ACTION: Notice and request for
comments.
sradovich on DSK3GMQ082PROD with NOTICES
AGENCY:
FinCEN, a bureau of the U.S.
Department of the Treasury
(‘‘Treasury’’), invites all interested
parties to comment on its proposed
renewal without change of the Bank
SUMMARY:
VerDate Sep<11>2014
16:57 Feb 08, 2018
Jkt 244001
Secrecy Act (‘‘BSA’’) Suspicious
Activity Reporting regulations for
certain financial institutions, i.e.,
depository institutions and insurance
companies. FinCEN intends to submit
these requirements for approval by the
Office of Management and Budget
(‘‘OMB’’) of a three-year extension of
Control Numbers 1506–0001, and 1506–
0029. This request for comments is
made pursuant to the Paperwork
Reduction Act (‘‘PRA’’) of 1995.
DATES: Written comments should be
received on or before April 10, 2018 to
be assured of consideration.
ADDRESSES: Comments may be
submitted by any of the following
methods:
• Federal E-rulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
Refer to Docket Number FINCEN–2017–
0011 and the specific OMB control
number affected.
• Mail: Policy Division, Financial
Crimes Enforcement Network, P.O. Box
39, Vienna, VA 22183. Refer to Docket
Number FINCEN–2017–0011 and the
specific OMB control number affected.
Please submit comments by one
method only. All comments submitted
in response to this notice will become
a matter of public record. Therefore, you
should submit only information that
you wish to make publicly available.
FOR FURTHER INFORMATION CONTACT: The
FinCEN Resource Center at 800–767–
2825 or electronically at frc@fincen.gov.
SUPPLEMENTARY INFORMATION: The BSA,
Titles I and II of Public Law 91–508, as
amended, codified at 12 U.S.C. 1829(b),
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 countermoney laundering programs and
compliance procedures.1 Regulations
implementing Title II of 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. The
information collected and retained
under the regulation addressed in this
1 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
Act of 2001, Public Law 107–56.
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
5829
notice assist Federal, state, and local
law enforcement, as well as regulatory
authorities, in the identification,
investigation, and prosecution of money
laundering and other matters. In
accordance with the requirements of the
PRA, 44 U.S.C. 3506(c)(2)(A), and its
implementing regulations, the following
information is presented concerning the
recordkeeping requirements listed
below.
1. Title: Suspicious Activity Report by
Depository Institutions.
OMB Number: 1506–0001.
Abstract: In accordance with 31 CFR
1020.320, covered financial institutions
are required to report suspicious activity
and maintain the records for a period of
five years. Covered financial institutions
may satisfy these requirements by using
their internal records management
system.
Current Action: Renewal without
change to the existing regulations.
Type of Review: Extension of
currently approved reporting
requirement.
Affected Public: Businesses or other
for-profit institutions, and non-profit
institutions.
Burden: The administrative burden of
1 hour is assigned to maintain the
requirement in force. The burden for
actual reporting is reflected in OMB
Control number 1506–0065.
2. Title: Suspicious Activity Report by
Insurance Companies.
OMB Number: 1506–0029.
Abstract: In accordance with 31 CFR
1025.320, covered financial institutions
are required to report suspicious activity
and maintain the records for a period of
five years. Covered financial institutions
may satisfy these requirements by using
their internal records management
system.
Current Action: Renewal without
change to the existing regulations.
Type of Review: Extension of
currently approved reporting
requirement.
Affected Public: Businesses or other
for-profit institutions, and non-profit
institutions.
Burden: The administrative burden of
1 hour is assigned to maintain the
requirement in force. The burden for
actual reporting is reflected in OMB
Control number 1506–0065.
The following paragraph applies to
the reporting and recordkeeping
requirements addressed in 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. Records
required to be retained under the BSA
must be retained for five years.
E:\FR\FM\09FEN1.SGM
09FEN1
5830
Federal Register / Vol. 83, No. 28 / Friday, February 9, 2018 / Notices
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: February 5, 2018.
Jamal El-Hindi,
Deputy Director, Financial Crimes
Enforcement Network.
[FR Doc. 2018–02583 Filed 2–8–18; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Notice.
This notice is provided in
accordance with IRC section 6039G of
the Health Insurance Portability and
Accountability Act (HIPPA) of 1996, as
amended. This listing contains the name
of each individual losing United States
citizenship (within the meaning of
section 877(a) or 877A) with respect to
whom the Secretary received
information during the quarter ending
December 31, 2017. For purposes of this
listing, long-term residents, as defined
in section 877(e)(2), are treated as if they
were citizens of the United States who
lost citizenship.
SUMMARY:
Quarterly Publication of Individuals,
Who Have Chosen To Expatriate, as
Required by Section 6039G
Internal Revenue Service (IRS),
Treasury.
AGENCY:
Last name
sradovich on DSK3GMQ082PROD with NOTICES
ACTION:
First name
AAROE ...............................................................
AARON ..............................................................
ABBOTT .............................................................
ABE ....................................................................
ABEND ...............................................................
ABORD DE CHATILLON ...................................
ABOUSLEIMAN .................................................
ABUGHAZALEH ................................................
ADAMS ..............................................................
ADAMS ..............................................................
ADAMS-GN ........................................................
ADLER ...............................................................
AEBI ...................................................................
ALBERT .............................................................
AL-DOSSARY ....................................................
ALLEN ................................................................
ALLEN ................................................................
ALLEN ................................................................
AL-THANI ...........................................................
ALTMANN ..........................................................
ANDERS ............................................................
ANDERSON .......................................................
ANDERSON .......................................................
ANG ...................................................................
ANGLIN ..............................................................
ANSEL ...............................................................
ANSEL ...............................................................
ANZAI .................................................................
ANZAI .................................................................
ANZAI .................................................................
ANZAI .................................................................
ARCEMENT .......................................................
AREITIO .............................................................
ARGYROS .........................................................
ARONSON .........................................................
ARORA ..............................................................
ARRABI ..............................................................
ARRABI ..............................................................
ARSENAULT ......................................................
ARTEAGA ..........................................................
AYLEN ...............................................................
AYLEN ...............................................................
BACKHOUSE .....................................................
BAKER ...............................................................
BARAKAT ..........................................................
BARIBEAU .........................................................
BARRIGA ...........................................................
ALEXANDER ....................................................
BERNARD ........................................................
KATHERINE .....................................................
DAISUKE
LINDA ...............................................................
HENRI
RANDA
HANI .................................................................
PAUL ................................................................
TAMARACK .....................................................
DOROTHY .......................................................
KRISTEN ..........................................................
CHRISTIAN ......................................................
MICHELLE
RAIED ..............................................................
ALEXANDRA ....................................................
KATY ................................................................
THOMAS ..........................................................
ABDULAZIZ ......................................................
ARYEH .............................................................
LAURA .............................................................
ABBE ................................................................
CHRISTINE ......................................................
JOHN ................................................................
GAIL .................................................................
CLIFFORD
REBECCA ........................................................
AMANDA ..........................................................
HIROYUKI
RYAN ...............................................................
TAIGA ...............................................................
GREGORY .......................................................
ALEXANDRA ....................................................
SANDRA
BARR ...............................................................
RUPINDER .......................................................
IMAD ................................................................
LEILA ................................................................
ADELE ..............................................................
CHRISTOPHER ...............................................
CARL ................................................................
MARITA ............................................................
HAZEL ..............................................................
CONSTANCE ...................................................
YUSRA .............................................................
JUDITH .............................................................
PABLO
VerDate Sep<11>2014
16:57 Feb 08, 2018
Jkt 244001
PO 00000
Frm 00077
Fmt 4703
Sfmt 4703
Middle name/initials
TROXLER
SAMUEL
ELISE
ESCHENBACH
MAHER
EDWARD
LYNN
WAN PIO
ELIZABETH
LUC
IBRAHIM
SANDY
ELIZABETH
MARK
SAOUD
SALOMON
ELIZABETH
LANE
DIANE
WEI-EN
PANTLEY
LIBA
KIM
HIRO
KIM
WORTHY
LUISA
SHMUEL
KAUR
AHMAD
MOHAMED
HELENE
JON
ARTHUR WILLIAM
FRANCES
MARY
JOHANNA
WALEED
EDNA
E:\FR\FM\09FEN1.SGM
09FEN1
]]>Agencies
[Federal Register Volume 83, Number 28 (Friday, February 9, 2018)]
[Notices]
[Pages 5829-5830]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-02583]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
Agency Information Collection Activities; Comment Request;
Renewal Without Change of Bank Secrecy Act Regulations Requiring
Depository Institutions and Insurance Companies To Report Suspicious
Activity
AGENCY: Financial Crimes Enforcement Network (``FinCEN''), U.S.
Department of the Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: FinCEN, a bureau of the U.S. Department of the Treasury
(``Treasury''), invites all interested parties to comment on its
proposed renewal without change of the Bank Secrecy Act (``BSA'')
Suspicious Activity Reporting regulations for certain financial
institutions, i.e., depository institutions and insurance companies.
FinCEN intends to submit these requirements for approval by the Office
of Management and Budget (``OMB'') of a three-year extension of Control
Numbers 1506-0001, and 1506-0029. This request for comments is made
pursuant to the Paperwork Reduction Act (``PRA'') of 1995.
DATES: Written comments should be received on or before April 10, 2018
to be assured of consideration.
ADDRESSES: Comments may be submitted by any of the following methods:
Federal E-rulemaking Portal: https://www.regulations.gov.
Follow the instructions for submitting comments. Refer to Docket Number
FINCEN-2017-0011 and the specific OMB control number affected.
Mail: Policy Division, Financial Crimes Enforcement
Network, P.O. Box 39, Vienna, VA 22183. Refer to Docket Number FINCEN-
2017-0011 and the specific OMB control number affected.
Please submit comments by one method only. All comments submitted
in response to this notice will become a matter of public record.
Therefore, you should submit only information that you wish to make
publicly available.
FOR FURTHER INFORMATION CONTACT: The FinCEN Resource Center at 800-767-
2825 or electronically at [email protected].
SUPPLEMENTARY INFORMATION: The BSA, Titles I and II of Public Law 91-
508, as amended, codified at 12 U.S.C. 1829(b), 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 counter-money laundering
programs and compliance procedures.\1\ Regulations implementing Title
II of 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. The information collected and retained under
the regulation addressed in this notice assist Federal, state, and
local law enforcement, as well as regulatory authorities, in the
identification, investigation, and prosecution of money laundering and
other matters. In accordance with the requirements of the PRA, 44
U.S.C. 3506(c)(2)(A), and its implementing regulations, the following
information is presented concerning the recordkeeping requirements
listed below.
---------------------------------------------------------------------------
\1\ 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 Act of 2001, Public Law 107-56.
---------------------------------------------------------------------------
1. Title: Suspicious Activity Report by Depository Institutions.
OMB Number: 1506-0001.
Abstract: In accordance with 31 CFR 1020.320, covered financial
institutions are required to report suspicious activity and maintain
the records for a period of five years. Covered financial institutions
may satisfy these requirements by using their internal records
management system.
Current Action: Renewal without change to the existing regulations.
Type of Review: Extension of currently approved reporting
requirement.
Affected Public: Businesses or other for-profit institutions, and
non-profit institutions.
Burden: The administrative burden of 1 hour is assigned to maintain
the requirement in force. The burden for actual reporting is reflected
in OMB Control number 1506-0065.
2. Title: Suspicious Activity Report by Insurance Companies.
OMB Number: 1506-0029.
Abstract: In accordance with 31 CFR 1025.320, covered financial
institutions are required to report suspicious activity and maintain
the records for a period of five years. Covered financial institutions
may satisfy these requirements by using their internal records
management system.
Current Action: Renewal without change to the existing regulations.
Type of Review: Extension of currently approved reporting
requirement.
Affected Public: Businesses or other for-profit institutions, and
non-profit institutions.
Burden: The administrative burden of 1 hour is assigned to maintain
the requirement in force. The burden for actual reporting is reflected
in OMB Control number 1506-0065.
The following paragraph applies to the reporting and recordkeeping
requirements addressed in 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. Records required to be retained under the BSA must be
retained for five years.
[[Page 5830]]
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: February 5, 2018.
Jamal El-Hindi,
Deputy Director, Financial Crimes Enforcement Network.
[FR Doc. 2018-02583 Filed 2-8-18; 8:45 am]
BILLING CODE 4810-02-P
