[Federal Register Volume 72, Number 3 (Friday, January 5, 2007)]
[Notices]
[Page 625]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-22572]


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

DEPARTMENT OF THE TREASURY


Financial Crimes Enforcement Network; Bank Secrecy Act Advisory 
Group; Solicitation of Application for Membership; Correction

AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury.

ACTION: Notice; correction.

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

SUMMARY: On December 7, 2006, FinCEN published a Federal Register 
notice inviting the public to nominate financial organizations and 
trade groups for membership in the Bank Secrecy Act Advisory Group. 
Inadvertently the available vacancies announced for ``Industry 
Representatives Banking'' and the list of members whose terms end as of 
February 28, 2007 were incorrect. This document corrects that 
information. Persons responding to the previous notice need not respond 
again.

DATES: Nominations must be received by January 8, 2007.

ADDRESSES: Applications may be mailed (not sent by facsimile) to 
Regulatory Policy and Programs Division, Financial Crimes Enforcement 
Network, P.O. BOX 39, Vienna, VA 22183 or e-mailed to: 
[email protected].

FOR FUTHER INFORMATION CONTACT:  Yesenia Armijo, Regulatory Policy 
Specialist at 202-354-6400.

SUPPLEMENTARY INFORMATION: The Annunzio-Wylie Anti-Money Laundering Act 
of 1992 required the Secretary of the Treasury to establish a Bank 
Secrecy Act Advisory Group (BSAAG) consisting of representatives from 
federal regulatory and law enforcement agencies, financial 
institutions, and trade groups subject to the reporting requirements of 
the Bank Secrecy Act, 31 CFR part 103 et seq. or Section 6050I of the 
Internal Revenue Code of 1986. The BSAAG is the means by which the 
Secretary receives advice on the operations of the Bank Secrecy Act.
    New members will be selected to serve a three-year term. 
Applications should consist of:
     Point of contact, title, address, e-mail address, phone 
number
     Description of the financial institution or trade group 
and its involvement with the Bank Secrecy Act, 31 CFR part 103 et seq.
     Reasons why its participation on the BSAAG will bring 
value to the group
    Entities may nominate themselves.
    Based on current BSAAG position openings we encourage applications 
from the following sectors or types of organizations with experience 
working on the Bank Secrecy Act:
     State Regulatory Agency (1 vacancy).
     State Banking Trade Group (1 vacancy).
     Industry Trade Group--Banking Sector (1 vacancy).
     Industry Trade Group--Casino (1 vacancy).
     Industry Trade Group--Precious Metals, Stones, and Jewels 
(1 vacancy).\1\
---------------------------------------------------------------------------

    \1\ This is a newly created position in light of the decision 
adopted at the May 2006 BSAAG Plenary.
---------------------------------------------------------------------------

     Industry Trade Group-Money Services Business Sector (1 
vacancy).
     Industry Representatives Banking (3 vacancies).
     Industry Representatives Securities/ Futures (2 
vacancies).\2\
---------------------------------------------------------------------------

    \2\ An additional position was created in light of the decision 
adopted at the May 2006 BSAAG Plenary.
---------------------------------------------------------------------------

     Industry Representatives Money Services Business (1 
vacancy).
    BSAAG members whose terms end as of February 28, 2007,\3\ are:
---------------------------------------------------------------------------

    \3\ State regulatory agencies, state regulator trade groups, 
self-regulatory organizations, and industry trade groups can serve 
renewable three-year terms at the discretion of the Director of 
FinCEN. Industry members may not serve consecutive terms but may 
serve multiple terms.

State Regulatory Agency:
     New York State Banking Department.
State Banking Trade Group:
     California Bankers Association.
Industry Trade Group--Banking Sector:
     Independent Community Bankers Association.
Industry Trade Group--Casino:
     American Gaming Association.
Industry Trade Group--Money Services Business Sector:
     Financial Service Center of America.
Industry Representatives Banking:
     Bank of America.
     Branch Bank & Trust.
     Pentagon Federal Credit Union.
Industry Representatives Securities/Futures:
     Morgan Stanley.
Industry Representatives Money Services Business:
     American Express.

    Dated: December 27, 2006.
William F. Baity,
Deputy Director, Financial Crimes Enforcement Network.
 [FR Doc. E6-22572 Filed 1-4-07; 8:45 am]
BILLING CODE 4810-02-P