[Federal Register Volume 75, Number 15 (Monday, January 25, 2010)]
[Notices]
[Pages 3967-3968]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-1260]


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DEPARTMENT OF THE TREASURY

Financial Crimes Enforcement Network


Bank Secrecy Act Advisory Group; Solicitation of Application for 
Membership

AGENCY: Financial Crimes Enforcement Network, Treasury.

ACTION: Notice and request for nominations.

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SUMMARY: FinCEN is inviting the public to nominate financial 
institutions and trade groups for membership on the Bank Secrecy Act 
Advisory Group. New members will be selected for three-year membership 
terms.

DATES: Nominations must be received by February 24, 2010.

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 FURTHER INFORMATION CONTACT:  Jennifer White, Regulatory Outreach 
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 with members subject to the requirements 
of the Bank Secrecy Act, 31 CFR 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. As 
chair of the BSAAG, the Director of FinCEN is responsible for ensuring 
that relevant issues are placed before the BSAAG for review, analysis, 
and discussion. Ultimately, the BSAAG will make policy recommendations 
to the Secretary on issues considered. BSAAG membership is open to 
financial institutions and trade groups. New members will be selected 
to serve a three-year term and must designate one individual to 
represent that member at plenary meetings. In compliance with Executive 
Order 13490 of January 21, 2009, and White House policy, member 
organizations may not designate a representative to participate in 
BSAAG plenary or subcommittee meetings who is currently registered as a 
lobbyist pursuant to 2 U.S.C. 1603(a).
    It is important to provide complete answers to the following items, 
as applications will be evaluated on the information provided through 
this application process. Applications should consist of:
     Name of the organization requesting membership
     Point of contact, title, address, e-mail address and phone 
number
     The BSAAG vacancy for which the organization is applying
     Description of the financial institution or trade group 
and its involvement with the Bank Secrecy Act, 31 CFR 103 et seq.
     Reasons why the organization's participation on the BSAAG 
will bring value to the group
    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 Governments (1 vacancy)
     Industry Trade Groups--Banking (1 vacancy)
     Industry Trade Groups--Casino (1 vacancy)
     Industry Trade Groups--Money Services Businesses (1 
vacancy)
     Industry Trade Groups--Precious Metals Stones and Jewels 
(1 vacancy)
     Industry Trade Groups--State (1 vacancy)
     Industry Representatives--Banking (3 vacancies)
     Industry Representatives--Money Services Businesses (1 
vacancy)
     Industry Representatives--Securities/Futures (1 vacancy)
    Organizations may nominate themselves, but applications for 
individuals who are not representing an organization for a vacancy 
noted above will not be considered. Members must be able and willing to 
make the necessary time commitment to participate on subcommittees 
throughout the year by phone and attend biannual plenary meetings held 
in Washington, DC the second Wednesday of May and October. Members will 
not be remunerated for their time, services, or travel. In making the 
selections, FinCEN will seek to complement current BSAAG members in 
terms of affiliation, industry, and geographic representation. The 
Director of FinCEN retains full discretion on all membership decisions. 
The Director may consider prior years' applications when making 
selections and does not limit consideration to institutions

[[Page 3968]]

nominated by the public when making its selection.

    Dated: January 15, 2010.
Charles M. Steele,
Deputy Director, Financial Crimes Enforcement Network.
[FR Doc. 2010-1260 Filed 1-22-10; 8:45 am]
BILLING CODE 4810-02-P