[Federal Register Volume 78, Number 139 (Friday, July 19, 2013)]
[Notices]
[Page 43233]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-17338]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Reinstatement of a Previously Approved Information Collection; Comment 
Request

AGENCY: National Credit Union Administration (NCUA).

ACTION: Request for comment.

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SUMMARY: The NCUA intends to submit the following information 
collection to the Office of Management and Budget (OMB) for review and 
clearance under the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44 
U.S.C. Chapter 35). This information collection is published to obtain 
comments from the public.

DATES: Comments will be accepted until September 17, 2013.

ADDRESSES: Interested parties are invited to submit written comments to 
the NCUA Contact and the OMB Reviewer listed below:
    NCUA Contact: Tracy Crews, National Credit Union Administration, 
1775 Duke Street, Alexandria, Virginia 22314-3428, Fax No. 703-837-
2861, Email: [email protected].
    OMB Contact: Office of Management and Budget, ATTN: Desk Officer 
for the National Credit Union Administration, Office of Information and 
Regulatory Affairs, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Requests for additional information, a 
copy of the information collection request, or a copy of submitted 
comments should be directed to Tracy Crews at the National Credit Union 
Administration, 1775 Duke Street, Alexandria, VA 22314-3428, or at 
(703) 518-6444.

SUPPLEMENTARY INFORMATION:

I. Abstract and Request for Comments

    NCUA is reinstating the collection for 3133-0108. Section 748.2 of 
NCUA's regulations, 12 CFR 748.2, directs credit unions to adopt a 
written program and to maintain procedures that ensure the credit 
union's continued compliance with the Bank Secrecy Act (BSA) (31 U.S.C. 
5311-5330) and Department of Treasury's reporting and recordkeeping 
regulations (31 CFR part 1000). NCUA examiners review the programs to 
determine whether the credit union's procedures comply with the Bank 
Secrecy Act requirements. The requirement that credit unions establish 
written BSA compliance procedures is a one-time event, but revisions to 
those procedures must occur as deemed necessary.
    NCUA examiners review the written procedures during examinations in 
order to ensure the implementation of adequate systems for complying 
with the BSA and its implementing regulations.
    The NCUA requests that you send your comments on this collection to 
the location listed in the ADDRESSES section. Your comments should 
address: (a) The necessity of the information collection for the proper 
performance of NCUA, including whether the information will have 
practical utility; (b) the accuracy of our estimate of the burden 
(hours and cost) of the collection of information, including the 
validity of the methodology and assumptions used; (c) ways we could 
enhance the quality, utility, and clarity of the information to be 
collected; and (d) ways we could minimize the burden of the collection 
of the information on the respondents such as through the use of 
automated collection techniques or other forms of information 
technology. It is NCUA's policy to make all comments available to the 
public for review.

II. Data

    Proposal for the following collection of information:
    OMB Number: 3133-0108.
    Form Number: None.
    Type of Review: Reinstatement of a previously approved collection.
    Title: Monitoring Bank Secrecy Act Compliance.
    Description: The collection is needed to allow NCUA to determine 
whether credit unions have established a program reasonably designed to 
assure and monitor their compliance with currency recordkeeping and 
reporting requirements established by Federal statute and Department of 
Treasury Regulations.
    Respondents: Federally Insured Credit Unions.
    Estimated No. of Respondents/Recordkeepers: 6,753.
    Estimated Burden Hours per Response: 16 hours.
    Frequency of Response: Annually.
    Estimated Total Annual Burden Hours: 108,048.
    Estimated Total Annual Cost: 0.

    By the National Credit Union Administration Board on July 15, 
2013.
Mary Rupp,
Secretary of the Board
[FR Doc. 2013-17338 Filed 7-18-13; 8:45 am]
BILLING CODE 7535-01-P