[Federal Register Volume 68, Number 140 (Tuesday, July 22, 2003)]
[Notices]
[Pages 43422-43423]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-18605]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Financial Crimes Enforcement Network; Proposed Collection; 
Comment Request; Money Services Business Survey

AGENCY: Financial Crimes Enforcement Network, Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury, Financial Crimes Enforcement 
Network (``FinCEN''), has been engaged in a multi-year education 
program to disseminate information to the Money Services Business 
(``MSB'') industry regarding regulations that require MSBs to register 
with FinCEN, and to file Suspicious Activity Reports. MSBs include 
money transmitters, issuers, sellers, and redeemers of money orders, 
traveler's checks, and stored value, check cashers, and currency 
exchangers. FinCEN places a high priority on effective and broad-
reaching initiatives to facilitate the education of MSBs and their 
agents in their responsibilities under the Bank Secrecy Act. FinCEN 
proposes to conduct a survey that is intended to provide data that can 
be used to evaluate the success of the MSB education program, and to 
measure the extent to which the MSB industry's knowledge and 
understanding of the new regulations has changed since an initial 
survey was conducted in September, 2001. The survey will consist of 
questions contained in the September 2001 survey, as well as additional 
questions designed to gauge perceptions of the MSB education program 
and its overall effectiveness. This request for comments is being made 
pursuant to the Paperwork Reduction Act of 1995, Public Law 104-13, 44 
U.S.C. 3506(c)(2)(A).

DATES: Written comments are welcome and must be received on or before 
September 22, 2003.

ADDRESSES: Written comments should be submitted to: Office of Chief 
Counsel, Financial Crimes Enforcement Network, Department of the 
Treasury, PO Box 39, Vienna, Virginia 22183, Attention: PRA Comments--
MSB Survey. Comments also may be submitted by electronic mail to the 
following Internet address: [email protected], with a 
caption in the body of the text, ``Attention: PRA Comments--MSB 
Survey.''
    Inspection of comments. Comments may be inspected, between 10 a.m. 
and 4 p.m., in the FinCEN reading room in Washington, DC. Persons 
wishing to inspect the comments submitted must request an appointment 
by telephoning (202) 354-6400.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
requests for copies of the September 2001 survey and the additional 
questions to be asked in the survey that is the subject of this notice 
should be directed to: Anna Fotias, Senior Regulatory Compliance 
Specialist, MSB/Casino/IRS Program Office, FinCEN, at (202) 354-6400; 
Christine L. Schuetz, Attorney-Advisor, FinCEN, at (703) 905-3590.

SUPPLEMENTARY INFORMATION:
    Title: Money Services Business Program Response.
    OMB Number: New Collection.
    Abstract: Telephone survey to be conducted with business owners and 
managers in the Money Services Business industry. Survey asks 
respondents to report on awareness of Bank Secrecy Act recordkeeping 
and reporting requirements and awareness of anti-money laundering 
basics, including how to identify suspicious activity.
    Type of Review: New information collection.
    Affected public: Business or other for-profit institutions.
    Frequency: One time.
    Estimated number of respondents: 600.
    Estimated time per respondent: Fifteen minutes.

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

[[Page 43423]]

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.

    Dated: July 10, 2003.
James F. Sloan,
Director, Financial Crimes Enforcement Network.
[FR Doc. 03-18605 Filed 7-21-03; 8:45 am]
BILLING CODE 4810-02-P