[Federal Register Volume 62, Number 54 (Thursday, March 20, 1997)]
[Notices]
[Pages 13379-13380]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6961]


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FEDERAL DEPOSIT INSURANCE CORPORATION

Agency Information Collection Activities: Proposed Collection; 
Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, 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 proposed and/or 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is 
soliciting comments concerning an information collection titled 
``Suspicious Activity Reports.''

DATES: Comments must be submitted on or before May 20, 1997.

ADDRESSES: Interested parties are invited to submit written comments to 
Steven F. Hanft, FDIC Clearance Officer, (202) 898-3907, Office of the 
Executive Secretary, Federal Deposit Insurance Corporation, 550 17th 
Street N.W., Washington, D.C. 20429. All comments should refer to 
``Suspicious Activity Reports.'' Comments may be hand-delivered to Room 
F-400, 1776 F Street, N.W., Washington, D.C. 20429, on business days 
between 8:30 a.m. and 5:00 p.m. [FAX number (202) 898-3838; Internet 
address: [email protected]].
    A copy of the comments may also be submitted to the OMB desk 
officer for the FDIC: Alexander Hunt, Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT:
Steven F. Hanft, at the address identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collection of information:
    Title: Suspicious Activity Reports (FDIC 6710/06).
    Number: 3064-0077.
    Frequency of Response: Occasional.
    Affected Public: FDIC-insured state nonmember banks.
    Estimated Number of Respondents: 6,500 state nonmember banks.
    Estimated Time per Response: .6 hours.
    Estimated Total Annual Burden: 3,900 hours.

[[Page 13380]]

    General Description of Collection: A bank subject to the 12 CFR 
Part 353 regulation is required to report known or suspected criminal 
activity or money laundering to the Financial Crimes Enforcement 
Network of the Department of the Treasury using a Suspicious Activity 
Report.

Request for Comment

    Comments are invited on: (a) whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the information collection, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the burden of the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the 
collection should be modified prior to submission to OMB for review and 
approval. Comments submitted in response to this notice also will be 
summarized or included in the FDIC's requests to OMB for renewal of 
this collection. All comments will become a matter of public record.

    Dated at Washington, D.C., this 14th day of March, 1997.

Federal Deposit Insurance Corporation.
Jerry L. Langley,
Executive Secretary.
[FR Doc. 97-6961 Filed 3-19-97; 8:45 am]
BILLING CODE 6714-01-M