80 FR 13463 - Petition for Waiver of Compliance

DEPARTMENT OF TRANSPORTATION
Federal Railroad Administration

Federal Register Volume 80, Issue 49 (March 13, 2015)

Page Range		13463-13464
FR Document		2015-05750

Federal Register, Volume 80 Issue 49 (Friday, March 13, 2015)

[Federal Register Volume 80, Number 49 (Friday, March 13, 2015)]
[Notices]
[Pages 13463-13464]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-05750]


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DEPARTMENT OF TRANSPORTATION

Federal Railroad Administration

[Docket Number FRA-2003-16203]


Petition for Waiver of Compliance

    In accordance with Part 211 of Title 49 Code of Federal Regulations 
(CFR), this document provides the public notice that by a document 
dated January 9, 2015, Norfolk Southern Railway (NS) has petitioned the 
Federal Railroad Administration (FRA) for a waiver of compliance from 
certain provisions of the Federal railroad safety regulations contained 
at 49 CFR parts 215, Railroad Freight Car Safety Standards, 231, 
Railroad Safety Appliance Standards, and 232, Brake System Safety 
Standards for Freight and Other Non-Passenger Trains and Equipment; 
End-of-Train Devices, regarding the operation of RoadRailer/RailRunner 
equipment on NS in Triple Crown Service. FRA assigned the petition 
Docket Number FRA-2003-16203.
    In its petition, NS requested a 5-year extension of an existing 
waiver granted by FRA in a letter dated June 4, 2010. NS had no 
accidents or injuries in the past 5 years of operating the RoadRailer/
RailRunner equipment on its lines, and has requested relief from 
certain provisions of Parts 215, 231, and 232.
    A copy of the petition, as well as any written communications 
concerning the petition, is available for review online at 
www.regulations.gov and in person at the U.S. Department of 
Transportation's (DOT) Docket Operations Facility, 1200 New Jersey 
Avenue, SE., W12-140, Washington, DC 20590. The Docket Operations 
Facility is open from 9 a.m. to 5 p.m., Monday through Friday, except 
Federal Holidays.
    Interested parties are invited to participate in these proceedings 
by submitting written views, data, or comments. FRA does not anticipate 
scheduling a public hearing in connection with these proceedings since 
the facts do not appear to warrant a hearing. If any interested party 
desires an opportunity for oral comment, they should notify FRA, in 
writing, before the end of the comment period and specify the basis for 
their request.
    All communications concerning these proceedings should identify the 
appropriate docket number and may be submitted by any of the following 
methods:
     Web site: http://www.regulations.gov. Follow the online 
instructions for submitting comments.
     Fax: 202-493-2251.
     Mail: Docket Operations Facility, U.S. Department of 
Transportation, 1200 New Jersey Avenue SE., W12-140, Washington, DC 
20590.
     Hand Delivery: 1200 New Jersey Avenue, SE., Room W12-140, 
Washington, DC 20590, between 9 a.m. and 5 p.m., Monday through Friday, 
except Federal Holidays.
    Communications received by April 27, 2015 will be considered by FRA 
before final action is taken. Comments received after that date will be 
considered as far as practicable.
    Anyone is able to search the electronic form of any written 
communications and comments received into any of our dockets by the 
name of the individual submitting the comment (or signing the document, 
if submitted on behalf of an association, business, labor union, etc.). 
In accordance with 5 U.S.C. 553(c), DOT solicits comments from the 
public to better inform its processes. DOT posts these comments, 
without edit, including any personal information the commenter 
provides, to www.regulations.gov, as described in the system of records 
notice (DOT/ALL-14 FDMS), which can be reviewed at www.dot.gov/privacy. 
See also http://www.regulations.gov/#!privacyNotice for the privacy 
notice of regulations.gov.


[[Page 13464]]


    Issued in Washington, DC, on March 10, 2015.
Ron Hynes,
Director of Technical Oversight.
[FR Doc. 2015-05750 Filed 3-12-15; 8:45 am]
BILLING CODE 4910-06-P

13464 Federal Register / Vol. 80, No. 49 / Friday, March 13, 2015 / Notices

Issued in Washington, DC, on March 10, Estimated Annual Burden Hours: On March 6, 2015, the Director of
2015. 64,971. FinCEN found that reasonable grounds
Ron Hynes, exist for concluding that Banca Privada
Dawn D. Wolfgang,
Director of Technical Oversight. d’Andorra (‘‘BPA’’) is a financial
Treasury PRA Clearance Officer. institution operating outside of the
[FR Doc. 2015–05750 Filed 3–12–15; 8:45 am]
[FR Doc. 2015–05739 Filed 3–12–15; 8:45 am] United States of primary money
BILLING CODE 4910–06–P
BILLING CODE 4830–01–P laundering concern. The Director
considered the factors listed below in
DEPARTMENT OF THE TREASURY making this determination.
DEPARTMENT OF THE TREASURY
II. The History of BPA and Jurisdictions
Submission for OMB Review; of Operation
Notice of Finding That Banca Privada
Comment Request
d’Andorra Is a Financial Institution of BPA is one of five Andorran banks
March 10, 2015. Primary Money Laundering Concern and is a subsidiary of the BPA Group,
The Department of the Treasury will AGENCY: Financial Crimes Enforcement a privately-held entity. Founded in
submit the following information Network (‘‘FinCEN’’), Treasury. 1962, BPA is the fourth largest bank of
collection request to the Office of the five banks in Andorra and has 1.79
ACTION: Notice of Finding.
Management and Budget (OMB) for billion euro in assets. The bank has
review and clearance in accordance SUMMARY: This document provides seven domestic branches in Andorra
with the Paperwork Reduction Act of notice that, pursuant to the authority and five foreign branches that operate in
1995, Public Law 104–13, on or after the contained in the USA PATRIOT Act, the Spain, Switzerland, Luxembourg,
date of publication of this notice. Director of FinCEN found on March 6, Panama, and Uruguay. BPA has fewer
DATES: Comments should be received on 2015 that reasonable grounds exist for domestic and foreign branches than the
or before April 13, 2015 to be assured concluding that Banca Privada other major banking groups in Andorra.
of consideration. d’Andorra (‘‘BPA’’) is a financial BPA’s Panama branch (‘‘BPA Panama’’)
ADDRESSES: Send comments regarding institution operating outside of the is licensed as an offshore bank by the
the burden estimate, or any other aspect United States of primary money Superintendecia de Bancos de Panama,
of the information collection, including laundering concern. which is the bank regulator for the
suggestions for reducing the burden, to Panamanian government. BPA has
DATES: The finding referred to in this
(1) Office of Information and Regulatory correspondent banking relationships in
notice was effective as March 6, 2015.
Affairs, Office of Management and the major North American, European,
FOR FURTHER INFORMATION CONTACT: and Asian financial centers. At the time
Budget, Attention: Desk Officer for
FinCEN, (800) 949–2732. of this Finding, BPA has four U.S.
Treasury, New Executive Office
Building, Room 10235, Washington, DC SUPPLEMENTARY INFORMATION: correspondent accounts.
20503, or email at OIRA_Submission@ I. Statutory Provisions III. The Extent to Which BPA Has Been
OMB.EOP.gov and (2) Treasury PRA Used To Facilitate or Promote Money
Clearance Officer, 1750 Pennsylvania On October 26, 2001, the President
signed into law the Uniting and Laundering
Ave. NW., Suite 8140, Washington, DC
20220, or email at PRA@treasury.gov. Strengthening America by Providing FinCEN has found that reasonable
Appropriate Tools Required to Intercept grounds exist for concluding that
FOR FURTHER INFORMATION CONTACT:
and Obstruct Terrorism Act of 2001 (the several officials of BPA’s high-level
Copies of the submission(s) may be ‘‘USA PATRIOT Act’’), Public Law 107– management in Andorra have facilitated
obtained by calling (202) 927–5331, 56. Title III of the USA PATRIOT Act financial transactions on behalf of
email at PRA@treasury.gov, or the entire amends the anti-money laundering Third-Party Money Launderers
information collection request may be provisions of the Bank Secrecy Act (‘‘TPMLs’’) providing services for
found at www.reginfo.gov. (‘‘BSA’’), codified at 12 U.S.C. 1829b, 12 individuals and organizations involved
Internal Revenue Service (IRS) U.S.C. 1951–1959, and 31 U.S.C. 5311– in organized crime, corruption,
OMB Number: 1545–1002. 5314, 5316–5332, to promote the smuggling, and fraud. Criminal
Type of Review: Reinstatement with prevention, detection, and prosecution organizations launder their proceeds
change of a previously approved of international money laundering and through the international financial
collection. the financing of terrorism. Regulations system. These organizations often
Title: Return by a Shareholder of a implementing the BSA appear at 31 CFR encounter obstacles in achieving direct
Passive Foreign Investment Company or Chapter X. access to financial institutions
Qualified Electing Fund. Section 311 of the USA PATRIOT Act internationally and in the United States
Form: 8621. (‘‘Section 311’’), codified at 31 U.S.C. because of their illicit activities. To
Abstract: Form 8621 is filed by a U.S. 5318A, grants the Secretary of the obtain access to financial institutions,
shareholder who owns stock in a foreign Treasury (‘‘the Secretary’’) the authority, some criminal organizations use the
investment company. The form is used upon finding that reasonable grounds services of TPMLs, including
to report income, make an election to exist for concluding that a foreign professional gatekeepers such as
extend the time for payment of tax, and jurisdiction, financial institution, class attorneys and accountants. TPMLs
to pay an additional tax and interest of transaction, or type of account is of engage in the business of transferring
mstockstill on DSK4VPTVN1PROD with NOTICES

amount. The IRS uses Form 8621 to ‘‘primary money laundering concern,’’ funds on behalf of a third party,
determine if these shareholders have to require domestic financial knowing that the funds are involved in
correctly reported amounts of income, institutions and financial agencies to illicit activity. These TPMLs provide
made the election correctly, and have take certain ‘‘special measures’’ to access to financial institutions and lend
correctly computed the additional tax address the primary money laundering an aura of legitimacy to criminal actors
and interest amount. concern. The Secretary has delegated who use the TPMLs’ services. Some
Affected Public: Private Sector: this authority under Section 311 to the TPMLs explicitly market their services
Businesses or other for-profits. Director of FinCEN. as a method for criminal organizations

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Document Created: 2015-12-18 11:42:38
Document Modified: 2015-12-18 11:42:38

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 13463

80 FR 13463 - Petition for Waiver of Compliance

DEPARTMENT OF TRANSPORTATIONFederal Railroad Administration

Federal Register Volume 80, Issue 49 (March 13, 2015)

DEPARTMENT OF TRANSPORTATION
Federal Railroad Administration