Fiscal Service September 2011 – Federal Register Recent Federal Regulation Documents

Proposed Collection of Information: Annual Letters-Certificates of Authority (A) and Admitted Reinsurer (B)
Document Number: 2011-24877
Type: Notice
Date: 2011-09-29
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Financial Management Service, 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. By this notice, the Financial Management Service solicits comments concerning the ``Annual Letters Certificates of Authority (A) and Admitted Reinsurer (B).''
Surety Companies Acceptable on Federal Bonds: Termination; Minnesota Surety and Trust Company
Document Number: 2011-24876
Type: Notice
Date: 2011-09-29
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 1 to the Treasury Department Circular 570; 2011 Revision, published July 1, 2011, at 76 FR 38892.
Federal Government Participation in the Automated Clearing House
Document Number: 2011-23898
Type: Rule
Date: 2011-09-23
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury, Financial Management Service (FMS) is issuing this final rule which amends our regulation governing the use of the Automated Clearing House (ACH) network by Federal agencies. The rule adopts, with some exceptions, the 2009 ACH Rules published by NACHAThe Electronic Payments Association (NACHA) as the rules governing the use of the ACH Network by Federal agencies. Among other things, the final rule includes new requirements to identify all international payment transactions using a new Standard Entry Class Code and to include certain information in the ACH record sufficient to allow the receiving financial institution to identify the parties to the transaction and to allow screening to comply with requirements administered by the Office of Foreign Assets Control (OFAC). In addition, the rule requires financial institutions to provide limited account-related customer information related to the reclamation of post-death benefit payments as permitted under the Payment Transactions Integrity Act of 2008. It also allows Federal payments to be delivered to pooled or master accounts established by nursing facilities for residents of those facilities or held by religious orders whose members have taken vows of poverty.
Indorsement and Payment of Checks Drawn on the United States Treasury
Document Number: 2011-23896
Type: Rule
Date: 2011-09-19
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This final rule authorizes the Department of the Treasury (Treasury), Financial Management Service (FMS), to direct Federal Reserve Banks to debit a financial institution's Master Account for all check reclamations against the financial institution that the financial institution has not protested. Financial institutions will continue to have the right to file a protest with FMS if they believe a proposed reclamation is in error.