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