[Federal Register Volume 79, Number 247 (Wednesday, December 24, 2014)]
[Notices]
[Page 77599]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-29846]


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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 (``FinCEN''), 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 January 23, 2015.

ADDRESSES: Applications must be emailed to [email protected].

FOR FURTHER INFORMATION CONTACT: FinCEN Resource Center at 800-767-
2825.

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 
Treasury 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.
    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. The designated representative should be knowledgeable about 
Bank Secrecy Act requirements and 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.
    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 
number
     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 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 selections.

    Dated: December 15, 2014.
Jennifer Shasky Calvery,
Director, Financial Crimes Enforcement Network.
[FR Doc. 2014-29846 Filed 12-23-14; 8:45 am]
BILLING CODE 4810-02-P