[Federal Register Volume 61, Number 81 (Thursday, April 25, 1996)]
[Rules and Regulations]
[Page 18250]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-10279]



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DEPARTMENT OF THE TREASURY
31 CFR Part 103

RIN 1506-AA17


Amendment to the Bank Secrecy Act Regulations Relating to Orders 
for Transmittals of Funds by Financial Institutions; Correction

AGENCY: Financial Crimes Enforcement Network, Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document contains corrections to the final rule amending 
the Bank Secrecy Act regulations relating to orders for transmittals of 
funds by financial institutions, which was published Monday, April 1, 
1996 (61 FR 14386).

EFFECTIVE DATE: May 28, 1996.

FOR FURTHER INFORMATION CONTACT: Charles D. Klingman, Office of 
Financial Institutions Policy, at (703) 905-3920, or Joseph M. Myers, 
Office of Legal Counsel, (703) 905-3590.

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are the subject of these corrections 
amend the Bank Secrecy Act regulations relating to orders for 
transmittals of funds by financial institutions.

Need for Correction

    As published, the final regulations contain errors which may prove 
to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication on April 1, 1996 of the final 
regulations, which were the subject of FR Doc. 96-7682, is corrected as 
follows:


Sec. 103.33  [Corrected]

    1. On page 14388, in the third column, in Sec. 103.33, paragraph 
(g)(3) introductory text, line 7, the language ``transfer system by a 
financial institution'' is corrected to read ``transfer system or 
otherwise by a financial institution''.
    2. On page 14388, in the third column, in Sec. 103.33, paragraph 
(g)(3) introductory text, line 9, the language ``the Federal Reserve 
Bank completes its'' is corrected to read ``the Federal Reserve Bank or 
otherwise, completes its''.

    Dated: April 22, 1996.
Anna Fotias,
Alternate Federal Register Liaison Officer, Financial Crimes 
Enforcement Network.
[FR Doc. 96-10279 Filed 4-24-96; 8:45 am]
BILLING CODE 4820-03-P