[Federal Register Volume 83, Number 188 (Thursday, September 27, 2018)]
[Notices]
[Pages 48896-48897]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-21077]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple FinCEN Information Collection 
Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before October 29, 2018 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW, Suite 8100, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Jennifer Quintana by emailing [email protected], calling 
(202) 622-0489, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

Financial Crimes Enforcement Network (FinCEN)

    Title: Registration of Money Services Business.
    OMB Control Number: 1506-0013.
    Type of Review: Extension without change of a currently approved 
collection.

[[Page 48897]]

    Description: Money services businesses file form 107 to register 
with the Department of the Treasury pursuant to 31 U.S.C. 5330 and 31 
CFR 1022.380. The information on the form is used by criminal 
investigators, and taxation and regulatory enforcement authorities, 
during the course of investigations involving financial crimes.
    Form: FinCEN Form 107.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 42,000.
    Frequency of Response: Every two years.
    Estimated Total Number of Annual Responses: 42,000.
    Estimated Time per Response: 1 hour.
    Estimated Total Annual Burden Hours: 42,000.

    Title: Suspicious Activity Report by Money Services Business.
    OMB Control Number: 1506-0015.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: In accordance with 31 CFR 1022.320, covered financial 
institutions are required to report suspicious activity and maintain 
the records for a period of five years. Covered financial institutions 
may satisfy these requirements by using their internal records 
management system.
    Form: FinCEN Form 111.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 1.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 1.
    Estimated Time per Response: 1 hour.
    Estimated Total Annual Burden Hours: 1.

    Title: Anti-Money Laundering Programs for Insurance Companies and 
Non-bank Residential Mortgage Lenders and Originators.
    OMB Control Number: 1506-0035.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Regulations at 31 CFR 1025.210 and 1029.210 require 
insurance companies and non-bank residential mortgage lenders and 
originators to establish and maintain a written anti-money laundering 
program. A copy of the written program must be maintained for five 
years.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 32,200.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 32,200.
    Estimated Time per Response: 1 hour.
    Estimated Total Annual Burden Hours: 32,200.

    Title: Suspicious Activity Report Filing Requirements for 
Residential Mortgage Lenders and Originators.
    OMB Control Number: 1506-0061.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: In accordance with 31 CFR 1029.320, covered financial 
institutions are required to report suspicious activity and maintain 
the records for a period of five years. Covered financial institutions 
may satisfy these requirements by using their internal records 
management system.
    Form: FinCEN Form 111
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 1.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 1.
    Estimated Time per Response: 1 hour.
    Estimated Total Annual Burden Hours: 1.

    Authority:  44 U.S.C. 3501 et seq.

    Dated: September 24, 2018.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2018-21077 Filed 9-26-18; 8:45 am]
 BILLING CODE 4810-02-P