[Federal Register Volume 78, Number 108 (Wednesday, June 5, 2013)]
[Proposed Rules]
[Page 33774]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-13323]



[[Page 33774]]

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DEPARTMENT OF THE TREASURY

Financial Crimes Enforcement Network

31 CFR Part 1010


Proposed Renewal Without Change; Comment Request; Imposition of 
Special Measure Against Banco Delta Asia, Including Its Subsidiaries 
Delta Asia Credit Limited and Delta Asia Insurance Limited, as a 
Financial Institution of Primary Money Laundering Concern

AGENCY: Financial Crimes Enforcement Network, Department of the 
Treasury.

ACTION: Request for comments.

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SUMMARY: As part of a continuing effort to reduce paperwork and 
respondent burden, FinCEN invites comment on a renewal, without change, 
to information collection requirements finalized on March 19, 2007 (72 
FR 12730, RIN 1506-AA83) imposing a special measure against Banco Delta 
Asia, including its subsidiaries Delta Asia Credit Limited and Delta 
Asia Insurance Limited, as a financial institution of primary money 
laundering concern. 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 
August 5, 2013

ADDRESSES: Written comments should be submitted to: Financial Crimes 
Enforcement Network, P.O. Box 39, Vienna, VA 22183, Attention: Comment 
Request; Imposition of Special Measure against Banco Delta Asia. 
Comments also may be submitted by electronic mail to the following 
Internet address: [email protected], again with a caption, in the 
body of the text, ``Attention: Comment Request; Imposition of Special 
Measure against Banco Delta Asia.''
    Inspection of comments: Comments may be inspected, between 10 a.m. 
and 4 p.m., in the FinCEN reading room in Vienna, VA. Persons wishing 
to inspect the comments submitted must request an appointment with the 
Disclosure Officer by telephoning (703) 905-5034 (not a toll free 
call).

FOR FURTHER INFORMATION CONTACT: Financial Crimes Enforcement Network, 
Regulatory Policy and Programs Division at (800) 949-2732, Option 6.

SUPPLEMENTARY INFORMATION: Abstract: The Director of the Financial 
Crimes Enforcement Network is the delegated administrator of the Bank 
Secrecy Act (``Act''). The Act authorizes the Director to issue 
regulations to require all financial institutions defined as such in 
the Act to maintain or file certain reports or records that have been 
determined to have a high degree of usefulness in criminal, tax, or 
regulatory investigations or proceedings, or in the conduct of 
intelligence or counter-intelligence activities, including analysis, to 
protect against international terrorism.\1\
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    \1\ Public Law 91-508, as amended and codified at 12 U.S.C. 
1829b, 12 U.S.C. 1951-1959 and 31 U.S.C. 5311-5332. Language 
expanding the scope of the Bank Secrecy Act to intelligence or 
counter-intelligence activities to protect against international 
terrorism was added by section 358 of the Uniting and Strengthening 
America by Providing Appropriate Tools Required to Intercept and 
Obstruct Terrorism Act of 2001, Public Law107-56.
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    The notice of final rulemaking implemented section 5318A of Title 
31, United States Code, by adding Sec.  1010.655 to 31 CFR Chapter X. 
In general, the regulations require covered financial institutions to 
establish, document, and maintain programs as an aid in protecting and 
securing the U.S. financial system.
    Title: Imposition of Special Measure against Banco Delta Asia, 
including its subsidiaries Delta Asia Credit Limited and Delta Asia 
Insurance Limited, as a financial institution of primary money 
laundering concern.
    Office of Management and Budget (``OMB'') Control Number: 1506-
0045.
    Abstract: The Financial Crimes Enforcement Network is issuing this 
notice to renew the control number for the imposition of a special 
measure against Banco Delta Asia, including its subsidiaries Delta Asia 
Credit Limited and Delta Asia Insurance Limited, as a financial 
institution of primary money laundering concern pursuant to the 
authority contained in 31 U.S.C. 5318A.
    Current Action: Renewal without change for existing proposed 
regulations.
    Type of Review: Extension of a currently approved information 
collection.
    Affected Public: Businesses and certain not for-profit 
institutions.
    Burden: Estimated Number of Respondents: 5,000.
    Estimated Number of Responses: 5,000.
    Estimated Number of Hours: 5,000.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it displays a valid 
control number assigned by OMB. Records required to be retained under 
the Act must be retained for five years. Generally, information 
collected pursuant to the Act is confidential but may be shared as 
provided by law with regulatory and law enforcement authorities.
    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 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: May 31, 2013.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network.
[FR Doc. 2013-13323 Filed 6-4-13; 8:45 am]
BILLING CODE 4810-02-P