Agency Information Collection Activities; Information Collection Renewal; Comment Request; Bank Secrecy Act/Money Laundering Risk Assessment, 20701-20702 [2019-09614]
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Federal Register / Vol. 84, No. 91 / Friday, May 10, 2019 / Notices
Affected Public: Shippers and carriers
of hazardous materials in commerce.
Annual Reporting and Recordkeeping
Burden:
Number of Respondents: 260,000.
Total Annual Responses: 43,810,000.
Total Annual Burden Hours: 24,339.
Frequency of Collection: On occasion.
Issued in Washington, DC, on May 6, 2019.
William S. Schoonover,
Associate Administrator of Hazard Materials
Safety, Pipeline and Hazardous Materials
Safety Administration.
[FR Doc. 2019–09624 Filed 5–9–19; 8:45 am]
BILLING CODE 4910–60–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities; Information Collection
Renewal; Comment Request; Bank
Secrecy Act/Money Laundering Risk
Assessment
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, 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 a continuing information
collection, as required by the Paperwork
Reduction Act of 1995.
In accordance with the requirements
of the Paperwork Reduction Act of 1995
(PRA), the OCC may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number.
The OCC is soliciting comment
concerning its information collection
entitled, ‘‘Bank Secrecy Act/Money
Laundering Risk Assessment,’’ also
known as the Money Laundering Risk
(MLR) System. DATES: Comments must
be submitted by July 9, 2019.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, OMB
Control No. 1557–0231, Office of the
Comptroller of the Currency, 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
khammond on DSKBBV9HB2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
17:03 May 09, 2019
Jkt 247001
• Fax: (571) 465–4326.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0231’’ in your comment. In general, the
OCC publishes comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
You may review comments and other
related materials that pertain to this
information collection beginning on the
date of publication of the second notice
for this collection 1 by any of the
following methods:
• Viewing Comments Electronically:
Go to www.reginfo.gov. Click on the
‘‘Information Collection Review’’ tab.
Underneath the ‘‘Currently under
Review’’ section heading, from the dropdown menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching by OMB control number
‘‘1557–0231’’ or ‘‘Bank Secrecy Act/
Money Laundering Risk Assessment.’’
Upon finding the appropriate
information collection, click on the
related ‘‘ICR Reference Number.’’ On the
next screen, select ‘‘View Supporting
Statement and Other Documents’’ and
then click on the link to any comment
listed at the bottom of the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
• Viewing Comments Personally: You
may personally inspect comments at the
OCC, 400 7th Street SW, Washington,
DC. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 649–6700 or,
for persons who are deaf or hearing
impaired, TTY, (202) 649–5597. Upon
arrival, visitors will be required to
present valid government-issued photo
identification and submit to security
screening in order to inspect comments.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, OCC Clearance
Officer, (202) 874–5090, or for persons
who are deaf or hearing impaired, TTY,
(202) 649–5597, Chief Counsel’s Office,
Office of the Comptroller of the
1 Following the close of the 60-day comment
period for this notice, the OCC will publish a notice
for 30 days of comment for this collection.
PO 00000
Frm 00086
Fmt 4703
Sfmt 4703
20701
Currency, 400 7th Street SW,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the
PRA, federal agencies must obtain
approval from the OMB for each
collection of information they conduct
or sponsor. ‘‘Collection of information’’
is defined in 44 U.S.C. 3502(3) and 5
CFR 1320.3(c) to include questions
posed to agencies, instrumentalities, or
employees of the United States, if the
results are to be used for general
statistical purposes, that is, if the results
are to be used for statistical
compilations of general public interest,
including compilations showing the
status or implementation of federal
activities and programs. Section
3506(c)(2)(A) of the PRA requires
federal agencies to provide a 60-day
notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension or revision of an existing
collection of information, before
submitting the collection to OMB for
approval. In compliance with the PRA,
the OCC is publishing notice of the
proposed extension with revision of the
collection of information set forth in
this document.
Title: Bank Secrecy Act/Money
Laundering Risk Assessment.
OMB Control No: 1557–0231.
Type of Review: Regular.
Affected Public: Business or other forprofit.
Description: The MLR System
enhances the ability of examiners and
bank management to identify and
evaluate Bank Secrecy Act/Money
Laundering and Office of Foreign Asset
Control (OFAC) sanctions risks
associated with banks’ products,
services, customers, and locations. As
new products and services are
introduced, existing products and
services change, and banks expand
through mergers and acquisitions,
banks’ evaluation of money laundering
and terrorist financing risks should
evolve as well. Consequently, the MLR
risk assessment is an important tool for
the OCC’s Bank Secrecy Act/AntiMoney Laundering and OFAC
supervision activities because it allows
the agency to better identify those
institutions, and areas within
institutions, that pose heightened risk
and allocate examination resources
accordingly. This risk assessment is
critical in protecting U.S. financial
institutions of all sizes from potential
abuse from money laundering and
terrorist financing. An appropriate risk
assessment allows applicable control to
be effectively implemented for the lines
of business, products, or entities that
E:\FR\FM\10MYN1.SGM
10MYN1
20702
Federal Register / Vol. 84, No. 91 / Friday, May 10, 2019 / Notices
khammond on DSKBBV9HB2PROD with NOTICES
would elevate Bank Secrecy Act/Money
Laundering and OFAC compliance
risks.
We will collect MLR information for
community banks supervised by the
OCC.
The format of OCC’s annual Risk
Summary Form (RSF) is fully
automated, making data entry quick and
efficient and providing an electronic
record for all parties.
The OCC estimates the burden of this
collection of information as follows:
Burden Estimates:
Community bank population:
Estimated Number of Respondents:
1,088.
Estimated Number of Responses:
1,088.
Frequency of Response: Annually.
Estimated Annual Burden: 6,528
hours.
Comments submitted in response to
this notice will be summarized and
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;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection 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,
VerDate Sep<11>2014
17:03 May 09, 2019
Jkt 247001
maintenance, and purchase of services
to provide information.
Dated: May 6, 2019.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
Washington, DC 20503 or sent through
electronic mail to oira_submission@
omb.eop.gov. Please refer to ‘‘OMB
Control No. 2900–0564’’ in any
correspondence.
FOR FURTHER INFORMATION CONTACT:
[FR Doc. 2019–09614 Filed 5–9–19; 8:45 am]
Danny S. Green, (202) 421–1354.
BILLING CODE P
SUPPLEMENTARY INFORMATION:
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0564]
Agency Information Collection Activity
Under OMB Review: Direct Deposit
Enrollment; International Direct
Deposit Enrollment
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
Veterans Benefits Administration
(VBA), Department of Veterans Affairs,
will submit the collection of
information abstracted below to the
Office of Management and Budget
(OMB) for review and comment. The
PRA submission describes the nature of
the information collection and its
expected cost and burden and it
includes the actual data collection
instrument.
SUMMARY:
June 10, 2019.
Submit written comments
on the collection of information through
www.Regulations.gov, or to Office of
Information and Regulatory Affairs,
Office of Management and Budget, Attn:
VA Desk Officer, 725 17th St. NW,
DATES:
ADDRESSES:
PO 00000
Frm 00087
Fmt 4703
Sfmt 9990
Authority: 44 U.S.C. 3501–21.
Title: Direct Deposit Enrollment (24–
0296); International Direct Deposit
Enrollment (24–0296a).
OMB Control Number: 2900–0564.
Type of Review: Reinstatement with
change of a previously approved
collection.
Abstract: The information collected
on these forms will be used to enroll VA
benefit recipients in the electronic funds
transfer (EFT) program.
An agency may not conduct or
sponsor, and a person is not required to
respond to a collection of information
unless it displays a currently valid OMB
control number. The Federal Register
Notice with a 60-day comment period
soliciting comments on this collection
of information was published at 84 FR
7183 on March 1, 2019, page 7184.
Affected Public: Individuals or
Households.
Estimated Annual Burden: 1,250
hours.
Estimated Average Burden per
Respondent: 15 minutes.
Frequency of Response: On occasion.
Estimated Number of Respondents:
5,000.
By direction of the Secretary.
Danny S. Green,
VA Interim Clearance Officer, Office of
Quality, Performance and Risk, Department
of Veterans Affairs.
[FR Doc. 2019–09273 Filed 5–9–19; 8:45 am]
BILLING CODE 8320–01–P
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]]>Agencies
[Federal Register Volume 84, Number 91 (Friday, May 10, 2019)]
[Notices]
[Pages 20701-20702]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-09614]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities; Information Collection
Renewal; Comment Request; Bank Secrecy Act/Money Laundering Risk
Assessment
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, 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 a continuing
information collection, as required by the Paperwork Reduction Act of
1995.
In accordance with the requirements of the Paperwork Reduction Act
of 1995 (PRA), the OCC may not conduct or sponsor, and the respondent
is not required to respond to, an information collection unless it
displays a currently valid Office of Management and Budget (OMB)
control number.
The OCC is soliciting comment concerning its information collection
entitled, ``Bank Secrecy Act/Money Laundering Risk Assessment,'' also
known as the Money Laundering Risk (MLR) System. DATES: Comments must
be submitted by July 9, 2019.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible. You may submit comments by any of the following methods:
Email: [email protected].
Mail: Chief Counsel's Office, Attention: Comment
Processing, OMB Control No. 1557-0231, Office of the Comptroller of the
Currency, 400 7th Street SW, Suite 3E-218, Washington, DC 20219.
Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Fax: (571) 465-4326.
Instructions: You must include ``OCC'' as the agency name and
``1557-0231'' in your comment. In general, the OCC publishes comments
on www.reginfo.gov without change, including any business or personal
information provided, such as name and address information, email
addresses, or phone numbers. Comments received, including attachments
and other supporting materials, are part of the public record and
subject to public disclosure. Do not include any information in your
comment or supporting materials that you consider confidential or
inappropriate for public disclosure.
You may review comments and other related materials that pertain to
this information collection beginning on the date of publication of the
second notice for this collection \1\ by any of the following methods:
---------------------------------------------------------------------------
\1\ Following the close of the 60-day comment period for this
notice, the OCC will publish a notice for 30 days of comment for
this collection.
---------------------------------------------------------------------------
Viewing Comments Electronically: Go to www.reginfo.gov.
Click on the ``Information Collection Review'' tab. Underneath the
``Currently under Review'' section heading, from the drop-down menu,
select ``Department of Treasury'' and then click ``submit.'' This
information collection can be located by searching by OMB control
number ``1557-0231'' or ``Bank Secrecy Act/Money Laundering Risk
Assessment.'' Upon finding the appropriate information collection,
click on the related ``ICR Reference Number.'' On the next screen,
select ``View Supporting Statement and Other Documents'' and then click
on the link to any comment listed at the bottom of the screen.
For assistance in navigating www.reginfo.gov, please
contact the Regulatory Information Service Center at (202) 482-7340.
Viewing Comments Personally: You may personally inspect
comments at the OCC, 400 7th Street SW, Washington, DC. For security
reasons, the OCC requires that visitors make an appointment to inspect
comments. You may do so by calling (202) 649-6700 or, for persons who
are deaf or hearing impaired, TTY, (202) 649-5597. Upon arrival,
visitors will be required to present valid government-issued photo
identification and submit to security screening in order to inspect
comments.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance
Officer, (202) 874-5090, or for persons who are deaf or hearing
impaired, TTY, (202) 649-5597, Chief Counsel's Office, Office of the
Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the PRA, federal agencies must obtain
approval from the OMB for each collection of information they conduct
or sponsor. ``Collection of information'' is defined in 44 U.S.C.
3502(3) and 5 CFR 1320.3(c) to include questions posed to agencies,
instrumentalities, or employees of the United States, if the results
are to be used for general statistical purposes, that is, if the
results are to be used for statistical compilations of general public
interest, including compilations showing the status or implementation
of federal activities and programs. Section 3506(c)(2)(A) of the PRA
requires federal agencies to provide a 60-day notice in the Federal
Register concerning each proposed collection of information, including
each proposed extension or revision of an existing collection of
information, before submitting the collection to OMB for approval. In
compliance with the PRA, the OCC is publishing notice of the proposed
extension with revision of the collection of information set forth in
this document.
Title: Bank Secrecy Act/Money Laundering Risk Assessment.
OMB Control No: 1557-0231.
Type of Review: Regular.
Affected Public: Business or other for-profit.
Description: The MLR System enhances the ability of examiners and
bank management to identify and evaluate Bank Secrecy Act/Money
Laundering and Office of Foreign Asset Control (OFAC) sanctions risks
associated with banks' products, services, customers, and locations. As
new products and services are introduced, existing products and
services change, and banks expand through mergers and acquisitions,
banks' evaluation of money laundering and terrorist financing risks
should evolve as well. Consequently, the MLR risk assessment is an
important tool for the OCC's Bank Secrecy Act/Anti-Money Laundering and
OFAC supervision activities because it allows the agency to better
identify those institutions, and areas within institutions, that pose
heightened risk and allocate examination resources accordingly. This
risk assessment is critical in protecting U.S. financial institutions
of all sizes from potential abuse from money laundering and terrorist
financing. An appropriate risk assessment allows applicable control to
be effectively implemented for the lines of business, products, or
entities that
[[Page 20702]]
would elevate Bank Secrecy Act/Money Laundering and OFAC compliance
risks.
We will collect MLR information for community banks supervised by
the OCC.
The format of OCC's annual Risk Summary Form (RSF) is fully
automated, making data entry quick and efficient and providing an
electronic record for all parties.
The OCC estimates the burden of this collection of information as
follows:
Burden Estimates:
Community bank population:
Estimated Number of Respondents: 1,088.
Estimated Number of Responses: 1,088.
Frequency of Response: Annually.
Estimated Annual Burden: 6,528 hours.
Comments submitted in response to this notice will be summarized
and 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;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection 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: May 6, 2019.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2019-09614 Filed 5-9-19; 8:45 am]
BILLING CODE P
