[Federal Register Volume 81, Number 249 (Wednesday, December 28, 2016)]
[Notices]
[Pages 95733-95734]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-31323]


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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 nominations from the public 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 27, 2017.

ADDRESSES: Nominations 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.
    FinCEN invites BSAAG membership nominations for financial 
institutions, trade groups, and non-federal regulatory and law 
enforcement agencies. 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 committees 
throughout the year by phone and attend biannual plenary meetings held 
in Washington, DC, in May and October.
    It is important to provide complete answers to the following items, 
as nominations will be evaluated on the information provided through 
this process. There is no formal application; interested organizations 
may submit their nominations via email or email attachment. Nominations 
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 nominations 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

[[Page 95734]]

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.

Jamal El-Hindi,
Acting Director, Financial Crimes Enforcement Network.
[FR Doc. 2016-31323 Filed 12-27-16; 8:45 am]
 BILLING CODE 4810-02-P