Open Meeting of the Taxpayer Advocacy Panel's Tax Forms and Publications Project Committee, 47633-47634 [2019-19452]

Download as PDF Federal Register / Vol. 84, No. 175 / Tuesday, September 10, 2019 / Notices FinCEN may impose one or more of these special measures in order to protect the U.S. financial system from these threats. Special measures one through four, codified at 31 U.S.C. 5318A(b)(1)–(b)(4), impose additional recordkeeping, information collection, and reporting requirements on covered U.S. financial institutions. The fifth special measure, codified at 31 U.S.C. 5318A(b)(5), allows FinCEN to impose prohibitions or conditions on the opening or maintenance of certain correspondent accounts. b. Overview of the Current Regulatory Provisions Regarding Special Measures Concerning North Korea FinCEN issued the final rule imposing the fifth special measure to prohibit U.S. financial institutions from opening or maintaining a correspondent account for, or on behalf of, North Korean banking institutions.2 The rule further prohibits U.S. financial institutions from processing transactions for the correspondent account of a foreign bank in the United States if such a transaction involves a North Korean financial institution, and requires institutions to apply special due diligence to guard against such use by North Korean financial institutions. See 31 CFR 1010.659. Information Collection Under the Fifth Special Measure The notification requirement in section 1010.659(b)(3)(i)(A) is intended to aid cooperation from correspondent account holders in denying North Korea access to the U.S. financial system. The information required to be maintained by section 1010.659(b)(4)(i) will be used by federal agencies and certain selfregulatory organizations to verify compliance by covered financial institutions with the provisions of 31 CFR 1010.659. khammond on DSKBBV9HB2PROD with NOTICES II. Paperwork Reduction Act (PRA) Title: Renewal of Information Collection Requirements in connection with the Imposition of a Special Measure concerning North Korea as a Jurisdiction of Primary Money Laundering Concern. Office of Management and Budget (OMB) Control Number: 1506–0071. Abstract: FinCEN is issuing this notice to renew the OMB control number for the imposition of a special measure against North Korea as a jurisdiction of primary money laundering concern pursuant to the 2 See 81 FR 78715, RIN 1506–AB35, November 9, 2016. VerDate Sep<11>2014 16:56 Sep 09, 2019 Jkt 247001 authority contained in 31 U.S.C. 5318A. See 31 CFR 1010.659. Type of Review: Renewal without change of a currently approved collection. Affected Public: Businesses and certain not-for-profit institutions. Frequency: One time notification. See 31 CFR 1010.659(b)(3)(i)(A) and 1010.659(b)(4)(i). Estimated Number of Respondents: 23,615.3 Estimated Time per Respondent: 1 hour. Estimated Total Annual Burden: 23,615 hours. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it 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. When the final rule was published in November 2016, the number of financial institutions affected by the rule was estimated at 5,000. FinCEN has since revised the estimated number of affected financial institutions upward to account for all domestic financial institutions that could potentially maintain correspondent accounts for foreign banks, and to ensure that all U.S. financial institutions are conducting their due diligence and not processing transactions that may involve DPRK financial institutions. There are approximately 23,615 such financial institutions doing business in the United States. As noted, this revision should not have a significant impact on a substantial number of small entities. In addition, all U.S. persons, including U.S. financial institutions, currently exercise some degree of due 3 The above Estimated Number of Respondents is based on sum of the following numbers: • 5,358 banks [Federal Deposit Insurance Corporation, Key Statistics web page, April 25, 2019]; • 5,375 federally-insured credit unions [National Credit Union Administration, Quarterly Credit Union Data Summary, December 31, 2018]; • 125 privately-insured credit unions [General Accountability Office, PRIVATE DEPOSIT INSURANCE: Credit Unions Largely Complied with Disclosure Rules, but Rules Should Be Clarified, March 2017]; • 1,130 introducing brokers [National Futures Association website, March 31, 2019]; • 64 futures commission merchants [National Futures Association website, March 31, 2019]; • 3,607 securities firms [Financial Industry Regulatory Authority website, December 31, 2018]; and, • 7,956 U.S. mutual funds [Investment Company Institute, 2018 Factbook, 2018]. PO 00000 Frm 00160 Fmt 4703 Sfmt 4703 47633 diligence in order to comply with existing U.S. sanctions programs applicable to North Korea. 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. Authority: Pub. L. 104–13, 44 U.S.C. 3506(c)(2)(A). Jamal El-Hindi, Deputy Director, Financial Crimes Enforcement Network. [FR Doc. 2019–19486 Filed 9–9–19; 8:45 am] BILLING CODE 4810–02–P DEPARTMENT OF THE TREASURY Internal Revenue Service Open Meeting of the Taxpayer Advocacy Panel’s Tax Forms and Publications Project Committee Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. AGENCY: An open meeting of the Taxpayer Advocacy Panel’s Tax Forms and Publications Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service. DATES: The meeting will be held Wednesday, October 9, 2019. FOR FURTHER INFORMATION CONTACT: Robert Rosalia at 1–888–912–1227 or (718) 834–2203. SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to Section 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988) that a meeting of the Taxpayer Advocacy Panel’s Tax Forms and Publications Project Committee will be SUMMARY: E:\FR\FM\10SEN1.SGM 10SEN1 47634 Federal Register / Vol. 84, No. 175 / Tuesday, September 10, 2019 / Notices held Wednesday, October 9, 2019, at 2:00 p.m. Eastern Time. The public is invited to make oral comments or submit written statements for consideration. Due to limited time and structure of meeting, notification of intent to participate must be made with Robert Rosalia. For more information please contact Robert Rosalia at 1–888– 912–1227 or (718) 834–2203, or write TAP Office, 2 Metrotech Center, 100 Myrtle Avenue, Brooklyn, NY 11201 or contact us at the website: http:// www.improveirs.org. The agenda will include various IRS issues. Dated: September 4, 2019. Kevin Brown, Acting Director, Taxpayer Advocacy Panel. DEPARTMENT OF THE TREASURY [FR Doc. 2019–19454 Filed 9–9–19; 8:45 am] BILLING CODE 4830–01–P Open Meeting of the Taxpayer Advocacy Panel Taxpayer Assistance Center Project Committee DEPARTMENT OF THE TREASURY AGENCY: Dated: September 4, 2019. Kevin Brown, Acting Director, Taxpayer Advocacy Panel. AGENCY: ACTION: BILLING CODE 4830–01–P Internal Revenue Service Open Meeting of the Taxpayer Advocacy Panel’s Toll-Free Phone Line Project Committee Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. AGENCY: An open meeting of the Taxpayer Advocacy Panel’s Toll-Free Phone Line Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service. DATES: The meeting will be held Wednesday, October 9, 2019. FOR FURTHER INFORMATION CONTACT: Rosalind Matherne at 1–888–912–1227 or 202–317–4115. SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to Section 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel Toll-Free Phone Line Project Committee will be held Wednesday, October 9, 2019, 12:00 p.m. Eastern Time. The public is invited to make oral comments or submit written statements for consideration. Due to limited time and structure of meeting, notification of intent to participate must be made with Rosalind Matherne. For more information please contact Rosalind Matherne at 1–888–912–1227 or 202–317–4115, or write TAP Office, 1111 Constitution Ave. NW, Room 1509, Washington, DC 20224 or contact us at the website: http://www.improveirs.org. The agenda will include various IRS issues. SUMMARY: khammond on DSKBBV9HB2PROD with NOTICES Notice of meeting. An open meeting of the Taxpayer Advocacy Panel’s Taxpayer Communications Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service. SUMMARY: DEPARTMENT OF THE TREASURY 16:56 Sep 09, 2019 Open Meeting of the Taxpayer Advocacy Panel Taxpayer Communications Project Committee Internal Revenue Service (IRS), Treasury. [FR Doc. 2019–19452 Filed 9–9–19; 8:45 am] VerDate Sep<11>2014 Internal Revenue Service Jkt 247001 The meeting will be held Tuesday, October 8, 2019. DATES: FOR FURTHER INFORMATION CONTACT: Carolyn Duckworth at 1–888–912–1227 or (336) 690–6217. Notice is hereby given pursuant to Section 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988) that a meeting of the Taxpayer Advocacy Panel’s Taxpayer Communications Project Committee will be held Tuesday, October 8, 2019, at 3:00 p.m. Eastern Time. The public is invited to make oral comments or submit written statements for consideration. Due to limited time and structure of meeting, notification of intent to participate must be made with Carolyn Duckworth. For more information please contact Carolyn Duckworth at 1–888–912–1227 or (336) 690–6217, or write TAP Office, 1222 Spruce, St. Louis, MO 63103 or contact us at the website: http:// www.improveirs.org. The agenda will include various IRS issues. SUPPLEMENTARY INFORMATION: Dated: September 4, 2019. Kevin Brown, Acting Director, Taxpayer Advocacy Panel. [FR Doc. 2019–19451 Filed 9–9–19; 8:45 am] BILLING CODE 4830–01–P PO 00000 Frm 00161 Fmt 4703 Internal Revenue Service Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. An open meeting of the Taxpayer Advocacy Panel’s Taxpayer Assistance Center Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service. DATES: The meeting will be held Thursday, October 10, 2019. FOR FURTHER INFORMATION CONTACT: Matthew O’Sullivan at 1–888–912–1227 or (510) 907–5274. SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to Section 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988) that an open meeting of the Taxpayer Advocacy Panel’s Taxpayer Assistance Center Project Committee will be held Thursday, October 10, 2019, at 3:00 p.m. Eastern time. The public is invited to make oral comments or submit written statements for consideration. Due to limited time and structure of meeting, notification of intent to participate must be made with Matthew O’Sullivan. For more information please contact Matthew O’Sullivan at 1–888–912–1227 or (510) 907–5274, or write TAP Office, 1301 Clay Street, Oakland, CA 94612– 5217 or contact us at the website: http:// www.improveirs.org. The agenda will include various IRS issues. SUMMARY: Dated: September 4, 2019. Kevin Brown, Acting Director, Taxpayer Advocacy Panel. [FR Doc. 2019–19456 Filed 9–9–19; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Open Meeting of the Taxpayer Advocacy Panel Joint Committee Internal Revenue Service (IRS) Treasury. ACTION: Notice of meeting. AGENCY: An open meeting of the Taxpayer Advocacy Panel Joint Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and SUMMARY: Sfmt 4703 E:\FR\FM\10SEN1.SGM 10SEN1

Agencies

[Federal Register Volume 84, Number 175 (Tuesday, September 10, 2019)]
[Notices]
[Pages 47633-47634]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-19452]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Open Meeting of the Taxpayer Advocacy Panel's Tax Forms and 
Publications Project Committee

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of meeting.

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SUMMARY: An open meeting of the Taxpayer Advocacy Panel's Tax Forms and 
Publications Project Committee will be conducted. The Taxpayer Advocacy 
Panel is soliciting public comments, ideas, and suggestions on 
improving customer service at the Internal Revenue Service.

DATES: The meeting will be held Wednesday, October 9, 2019.

FOR FURTHER INFORMATION CONTACT: Robert Rosalia at 1-888-912-1227 or 
(718) 834-2203.

SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to Section 
10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988) 
that a meeting of the Taxpayer Advocacy Panel's Tax Forms and 
Publications Project Committee will be

[[Page 47634]]

held Wednesday, October 9, 2019, at 2:00 p.m. Eastern Time. The public 
is invited to make oral comments or submit written statements for 
consideration. Due to limited time and structure of meeting, 
notification of intent to participate must be made with Robert Rosalia. 
For more information please contact Robert Rosalia at 1-888-912-1227 or 
(718) 834-2203, or write TAP Office, 2 Metrotech Center, 100 Myrtle 
Avenue, Brooklyn, NY 11201 or contact us at the website: http://www.improveirs.org. The agenda will include various IRS issues.

    Dated: September 4, 2019.
Kevin Brown,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2019-19452 Filed 9-9-19; 8:45 am]
 BILLING CODE 4830-01-P