[Federal Register Volume 78, Number 138 (Thursday, July 18, 2013)]
[Notices]
[Pages 42999-43000]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-17075]


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DEPARTMENT OF THE TREASURY

Financial Crimes Enforcement Network


Financial Crimes Enforcement Network; Comment Request; Renewal 
Without Change--Administrative Rulings in Accordance With the Paperwork 
Reduction Act

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

ACTION: Request for comments.

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SUMMARY: The Office of Management and Budget (``OMB'') Control Number 
1506-0050 approval for, Financial

[[Page 43000]]

Crimes Enforcement Network (``FinCEN'') Administrative Rulings, expires 
October 31, 2013. FinCEN is proposing to renew without change these 
procedural requirements. This request for comment is being made 
pursuant to the Paperwork Reduction Act (``PRA'') 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 16, 2013.

ADDRESSES: Written comments should be submitted to: Policy Division, 
Financial Crimes Enforcement Network, Department of the Treasury, P.O. 
Box 39, Vienna, Virginia 22183, Attention: PRA Comments--1506-0050. 
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: PRA Comments--1506-0050.''
    Inspection of Comments. Public comments received in response to a 
``Notice and Request for Comments'' will be made available for review 
as soon as possible but no earlier than five business days after the 
close of the comment period. This delay is to insure submissions sent 
through the U.S. Postal Service are included in the posting. Comments 
received 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: The FinCEN Regulatory Helpline at 
(800) 949-2732, select option 6.

SUPPLEMENTARY INFORMATION: 
    Title: Administrative Rulings (31 CFR 1010.711-717).
    OMB Number: 1506-0050.
    Abstract: The statute generally referred to as the ``Bank Secrecy 
Act,'' Titles I and II of Public Law 91-508, as amended, codified at 12 
U.S.C. 1829b, 12 U.S.C. 1951-1959, and 31 U.S.C. 5311-5332, authorizes 
the Secretary of the Treasury (Secretary), inter alia, to require 
financial institutions to keep records and file reports that are 
determined to have a high degree of usefulness in criminal, tax, and 
regulatory investigations or proceedings, or in the conduct of 
intelligence or counter-intelligence activities, to protect against 
international terrorism, and to implement counter-money laundering 
programs and compliance procedures.\1\ Regulations implementing Title 
II of the Bank Secrecy Act (``BSA'') appear at 31 CFR Chapter X. The 
authority of the Secretary to administer the BSA has been delegated to 
the Director of FinCEN.
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    \1\ 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 (USA PATRIOT) Act of 2001, Public 
Law 107-56.
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    Current action: This is a renewal without change of a currently 
approved PRA burden.
    Summary of proposed action: FinCEN proposes renewing the PRA burden 
currently included in OMB Control Number 1506-0050. The sections under 
this control number address: (a) How to submit a ruling request 
(1010.711), (b) how non-conforming requests are handled (1010.712), (c) 
how oral communications are treated (1010.713), (d) how rulings are 
issued (1010.715), (e) how rulings are modified or rescinded 
(1010.716), and (f) how information in connection with a ruling may be 
disclosed (1010.717). Effective September 2009, all administrative 
rulings with precedential value are published on the FinCEN Web site 
and may be reviewed at http://www.fincen.gov/statutes_regs/rulings/.
    Burden: The estimated number of responses (request for a ruling) is 
40 annually, with a burden of one hour per submission, for a total 
annual burden of 40 hours.
    Type of Review: Renewal of currently approved PRA burden.
    Affected Public: Businesses or other for-profit and non-profit 
institutions.
    Frequency: N/A.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Records required to be 
retained pursuant to the BSA must be retained for five years.
    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: July 10, 2013.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network.
[FR Doc. 2013-17075 Filed 7-17-13; 8:45 am]
BILLING CODE 4810-02-P