Agency Information Collection Activities; Comment Requested; Renewal Without Change to the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 Reporting Requirements Under Section 104(e), 19402-19403 [2018-09267]

Download as PDF 19402 Federal Register / Vol. 83, No. 85 / Wednesday, May 2, 2018 / Notices Privacy Act In accordance with 5 U.S.C. 553(c), DOT/MARAD solicits comments from the public to better inform its rulemaking process. DOT/MARAD posts these comments, without edit, to www.regulations.gov, as described in the system of records notice, DOT/ALL– 14 FDMS, accessible through www.dot.gov/privacy. In order to facilitate comment tracking and response, we encourage commenters to provide their name, or the name of their organization; however, submission of names is completely optional. Whether or not commenters identify themselves, all timely comments will be fully considered. If you wish to provide comments containing proprietary or confidential information, please contact the agency for alternate submission instructions. (Authority: 49 CFR 1.93(a), 46 U.S.C. 55103, 46 U.S.C. 12121) * * * By Order of the Maritime Administrator. Dated: April 26, 2018. T. Mitchell Hudson, Jr., Secretary, Maritime Administration. [FR Doc. 2018–09227 Filed 5–1–18; 8:45 am] BILLING CODE 4910–81–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Notice of Information Collection and Request for Public Comment Notice and request for public comment. ACTION: 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. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments concerning the Community Development Financial Institution CDFI Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Annual Compliance Reports. These include the Performance Progress Report, Financial Statement Audit Report (if applicable), and A–133 Audit Report (if applicable), which will be submitted through the Awards Management Information System (AMIS). daltland on DSKBBV9HB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 22:14 May 01, 2018 Jkt 244001 Written comments must be received on or before July 2, 2018 to be assured of consideration. ADDRESSES: Submit your comments via email to Tanya McInnis, Acting Program Manager for the Office of Certification, Compliance Monitoring and Evaluation, CDFI Fund, at ccme@cdfi.treas.gov. FOR FURTHER INFORMATION CONTACT: Tanya McInnis, Acting Program Manager for the Office of Certification, Compliance Monitoring and Evaluation, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 1500 Pennsylvania Ave. NW, Washington DC 20220 or by phone at (202) 653–0300. Other information regarding the CDFI Fund and its programs may be obtained through the CDFI Fund’s website at https:// www.cdfifund.gov. SUPPLEMENTARY INFORMATION: Title: CDFI Program Annual Compliance Reports. OMB Number: 1559–NEW. Type of Review: Regular Review. Abstract: This collection captures quantitative information from CDFI Program and NACA Program recipients. This information is used to assess: (1) The recipient’s activities as detailed in its application materials; (2) the recipient’s approved use of the assistance; (3) the recipient’s financial condition; and (4) overall compliance with the terms and conditions of the assistance agreement entered into by the CDFI Fund and the recipient. A CDFI Program or NACA Program recipient must submit Annual Compliance Reports. The specific components that comprise a recipient’s Annual Compliance Reports are set forth in the assistance agreement that the recipient enters into with the CDFI Fund in order to receive a CDFI Program or a NACA Program award. The three reports being published for public comment are the: (i) Performance Progress Report (PPR); (ii) Financial Statement Audit Report (if applicable); and (iii) A–133 Audit Report (if applicable). These reporting requirements can be found in the assistance agreement templates located on the CDFI Fund website at www.cdfifund.gov. The CDFI Fund seeks to consolidate data reporting and anticipates that the burden estimates will decrease with the build out of AMIS. Affected Public: Businesses or other for-profit institutions, non-profit entities, and State, local and Tribal entities participating in CDFI Fund programs. Estimated Number of Respondents: CDFI Annual PPR: 855. DATES: PO 00000 Frm 00192 Fmt 4703 Sfmt 4703 CDFI Annual Financial Statement Audit Report (if applicable): 428. CDFI Annual A–133 Audit Report (if applicable): 428. Estimated Annual Time Per Respondent: CDFI Annual PPR: 30. CDFI Annual Financial Statement Audit Report (if applicable): 30. CDFI Annual A–133 Audit Report (if applicable): 30. Estimated Total Annual Burden Hours: 51,330. CDFI Annual PPR: 25,650. CDFI Annual Financial Statement Audit Report: 12,840. CDFI Annual A–133 Audit Report: 12,840. 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 all aspects of the information collections, but commentators may wish to focus particular attention on: (a) The cost for CDFIs to operate and maintain the services/systems required to provide the required information; (b) ways to enhance the quality, utility, and clarity of the information to be collected; (c) whether the collection of information is necessary for the proper evaluation of the effectiveness and impact of the CDFI Fund’s programs, including whether the information has practical utility; (d) the accuracy of the CDFI Fund’s estimate of the burden of the collection of information, and; (e) ways to minimize the burden of the collection of information including through the use of technology. Authority: 12 U.S.C. 4707 et seq.; 26 U.S.C. 45D; 12 CFR part 1805. Mary Ann Donovan, Director, Community Development Financial Institutions Fund. [FR Doc. 2018–09273 Filed 5–1–18; 8:45 am] BILLING CODE 4810–70–P DEPARTMENT OF THE TREASURY Financial Crimes Enforcement Network Agency Information Collection Activities; Comment Requested; Renewal Without Change to the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 Reporting Requirements Under Section 104(e) Financial Crimes Enforcement Network (‘‘FinCEN’’), U.S. Department of the Treasury. ACTION: Notice and request for comments. AGENCY: E:\FR\FM\02MYN1.SGM 02MYN1 Federal Register / Vol. 83, No. 85 / Wednesday, May 2, 2018 / Notices FinCEN, a bureau of the U.S. Department of the Treasury (‘‘Treasury’’), invites all interested parties to comment on the Bank Secrecy Act (‘‘BSA’’) regulations implemented pursuant to section 104(e) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (‘‘CISADA’’) and consistent with its statutory mission under 31 U.S.C. 310. FinCEN is proposing to renew this information collection without change. The rule requires a U.S. bank that maintains a correspondent account for a foreign bank to inquire of the foreign bank, and report to FinCEN upon written request, certain information with respect to transactions or other financial services provided by that foreign bank. DATES: Written comments should be received on or before July 2, 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–2018– 0002 and the OMB control number 1506–0066. • Mail: Policy Division, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183. Refer to Docket Number FINCEN–2018–0002 and the OMB control number 1506–0066. Please submit comments by one method only (electronically preferred). All comments submitted in response to this notice will become a matter of public record. Comments will also be incorporated to FinCEN’s retrospective regulatory review process, as mandated by E.O. 12866 and 13563. 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. et seq., authorizes the Secretary of the Treasury (‘‘the Secretary’’), inter alia, to issue regulations requiring records and reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory matters. Title III of the U.S.A. PATRIOT Act of 2001, Public Law 107–56, included certain amendments to the anti-money laundering provisions of Title II of the BSA, 31 U.S.C. 5311 et seq., which are intended to aid in the prevention, detection, and prosecution of international money laundering and daltland on DSKBBV9HB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 22:14 May 01, 2018 Jkt 244001 terrorist financing. Regulations implementing Title II of the BSA appear at 31 CFR Chapter X. The Secretary’s authority to administer Title II of the BSA has been delegated to the Director of FinCEN. The information collected and retained under the regulation addressed in this notice assists Federal, state, and local law enforcement, as well as regulatory authorities in the identification, investigation, and prosecution of money laundering and other matters. Title: CISADA Reporting Requirements—31 CFR 1060.300. OMB Number: 1506–0066. Current Action: Renewal without change to the existing regulations. Type of Review: Extension of currently approved reporting requirements. Affected Public: Banks as defined in 31 CFR 1010.100(d). Frequency: As required. Estimated Number of Respondents: There are approximately 350 potential respondents. It is estimated that, if contacted, 250 of these respondents will respond indicating they maintain no accounts subject to reporting pursuant to the CISADA requirements.1 Estimated Time per Respondent: Response by the 250 banks is estimated to require 30 minutes per response for a total of 125 hours. It is estimated that the remaining 100 banks will provide approximately 900 responses, each response requiring 3 hours for a total of 2700 hours. Estimated Total Annual Burden Hours: 2825 hours. The following paragraph applies to the 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 1 Please note that U.S. banks are only required to report this information to FinCEN upon receiving a specific written request from FinCEN. PO 00000 Frm 00193 Fmt 4703 Sfmt 4703 19403 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. Jamal El Hindi, Deputy Director, Financial Crimes Enforcement Network. [FR Doc. 2018–09267 Filed 5–1–18; 8:45 am] BILLING CODE 4810–02–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Notice of OFAC Sanctions Actions Office of Foreign Assets Control, Department of the Treasury. ACTION: Notice. AGENCY: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the names of persons that have been placed on OFAC’s Specially Designated Nationals and Blocked Persons List based on OFAC’s determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. DATES: See SUPPLEMENTARY INFORMATION section. FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global Targeting, tel.: 202–622–2420; 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 General Counsel: Office of the Chief Counsel (Foreign Assets Control), tel.: 202–622–2410. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic Availability The list of Specially Designated Nationals and Blocked Persons (SDN List) and additional information concerning OFAC sanctions programs are available on OFAC’s website (https:// www.treasury.gov/ofac). E:\FR\FM\02MYN1.SGM 02MYN1

Agencies

[Federal Register Volume 83, Number 85 (Wednesday, May 2, 2018)]
[Notices]
[Pages 19402-19403]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-09267]


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DEPARTMENT OF THE TREASURY

Financial Crimes Enforcement Network


Agency Information Collection Activities; Comment Requested; 
Renewal Without Change to the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 Reporting Requirements Under 
Section 104(e)

AGENCY: Financial Crimes Enforcement Network (``FinCEN''), U.S. 
Department of the Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

[[Page 19403]]

SUMMARY: FinCEN, a bureau of the U.S. Department of the Treasury 
(``Treasury''), invites all interested parties to comment on the Bank 
Secrecy Act (``BSA'') regulations implemented pursuant to section 
104(e) of the Comprehensive Iran Sanctions, Accountability, and 
Divestment Act of 2010 (``CISADA'') and consistent with its statutory 
mission under 31 U.S.C. 310. FinCEN is proposing to renew this 
information collection without change. The rule requires a U.S. bank 
that maintains a correspondent account for a foreign bank to inquire of 
the foreign bank, and report to FinCEN upon written request, certain 
information with respect to transactions or other financial services 
provided by that foreign bank.

DATES: Written comments should be received on or before July 2, 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-2018-0002 and the OMB control number 1506-0066.
     Mail: Policy Division, Financial Crimes Enforcement 
Network, P.O. Box 39, Vienna, VA 22183. Refer to Docket Number FINCEN-
2018-0002 and the OMB control number 1506-0066. Please submit comments 
by one method only (electronically preferred). All comments submitted 
in response to this notice will become a matter of public record. 
Comments will also be incorporated to FinCEN's retrospective regulatory 
review process, as mandated by E.O. 12866 and 13563. 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. et seq., authorizes the Secretary of the Treasury (``the 
Secretary''), inter alia, to issue regulations requiring records and 
reports that are determined to have a high degree of usefulness in 
criminal, tax, and regulatory matters. Title III of the U.S.A. PATRIOT 
Act of 2001, Public Law 107-56, included certain amendments to the 
anti-money laundering provisions of Title II of the BSA, 31 U.S.C. 5311 
et seq., which are intended to aid in the prevention, detection, and 
prosecution of international money laundering and terrorist financing. 
Regulations implementing Title II of the BSA appear at 31 CFR Chapter 
X. The Secretary's authority to administer Title II of the BSA has been 
delegated to the Director of FinCEN. The information collected and 
retained under the regulation addressed in this notice assists Federal, 
state, and local law enforcement, as well as regulatory authorities in 
the identification, investigation, and prosecution of money laundering 
and other matters.
    Title: CISADA Reporting Requirements--31 CFR 1060.300.
    OMB Number: 1506-0066.
    Current Action: Renewal without change to the existing regulations.
    Type of Review: Extension of currently approved reporting 
requirements.
    Affected Public: Banks as defined in 31 CFR 1010.100(d).
    Frequency: As required.
    Estimated Number of Respondents: There are approximately 350 
potential respondents. It is estimated that, if contacted, 250 of these 
respondents will respond indicating they maintain no accounts subject 
to reporting pursuant to the CISADA requirements.\1\
---------------------------------------------------------------------------

    \1\ Please note that U.S. banks are only required to report this 
information to FinCEN upon receiving a specific written request from 
FinCEN.\\
---------------------------------------------------------------------------

    Estimated Time per Respondent: Response by the 250 banks is 
estimated to require 30 minutes per response for a total of 125 hours. 
It is estimated that the remaining 100 banks will provide approximately 
900 responses, each response requiring 3 hours for a total of 2700 
hours.
    Estimated Total Annual Burden Hours: 2825 hours.
    The following paragraph applies to the 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.

Jamal El Hindi,
Deputy Director, Financial Crimes Enforcement Network.
[FR Doc. 2018-09267 Filed 5-1-18; 8:45 am]
 BILLING CODE 4810-02-P

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