[Federal Register Volume 78, Number 14 (Tuesday, January 22, 2013)]
[Page 4591]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-01174]



Financial Crimes Enforcement Network

Bank Secrecy Act Advisory Group; Solicitation of Application for 

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

ACTION: Notice and request for nominations.


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 

DATES: Nominations must be received by February 15, 2013.

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 emailed to: [email protected].

FOR FURTHER INFORMATION CONTACT: Ina Boston, Senior Advisor, Office of 
Outreach, Regulatory Policy and Programs Division, 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 1000--1099 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, email address and phone 
 Description of the financial institution or trade group and 
its involvement with the Bank Secrecy Act, 31 CFR 1000-1099 et seq.
 Reasons why the organization's participation on the BSAAG will 
bring value to the group

    Organizations may nominate themselves, but applications for 
individuals who are not representing an organization 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 nominated by the public when making 

    Dated: January 15, 2013.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network.
[FR Doc. 2013-01174 Filed 1-18-13; 8:45 am]