81 FR 16278 - Proposed Collection of Information: FHA New Account Request, Transition Request, and Transfer Request

DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service

Federal Register Volume 81, Issue 58 (March 25, 2016)

Page Range		16278-16279
FR Document		2016-06807

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a proposed and/or continuing information collection, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the collections of information required to comply with the terms and conditions of FHA New Account Request, Transition Request, and Transfer Request.

Federal Register, Volume 81 Issue 58 (Friday, March 25, 2016)

[Federal Register Volume 81, Number 58 (Friday, March 25, 2016)]
[Notices]
[Pages 16278-16279]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-06807]


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DEPARTMENT OF THE TREASURY

Bureau of the Fiscal Service


Proposed Collection of Information: FHA New Account Request, 
Transition Request, and Transfer Request

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on a proposed and/or continuing information collection, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently the Bureau of the Fiscal Service within the 
Department of the Treasury is soliciting comments concerning the 
collections of information required to comply with the terms and 
conditions of FHA New Account Request, Transition Request, and Transfer 
Request.

DATES: Written comments should be received on or before May 24, 2016 to 
be assured of consideration.

ADDRESSES: Direct all written comments and requests for further 
information to Bureau of the Fiscal Service, Bruce A. Sharp, 200 Third 
Street, A4-A, Parkersburg, WV 26106-1328, or 
[email protected].

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form(s) and instructions should be directed to Dwayne 
Boothe, Branch Manager, Special Investments Branch; 200 Third Street, 
Room 119, Parkersburg, WV 26106-1328, or 
[email protected].

SUPPLEMENTARY INFORMATION:
    Form Numbers and Titles:

FS Form 5354--FHA Transaction Request
FS Form 5366--FHA New Account Request
FS Form 5367--FHA Debenture Transfer Request

    OMB Number: 1530-0054 (Previously approved as 1535-0120 as a 
collection conducted by Department of the Treasury/Bureau of the Public 
Debt.)
    Transfer of OMB Control Number: The Bureau of Public Debt (BPD) and 
the Financial Management Service (FMS) have consolidated to become the 
Bureau of the Fiscal Service (Fiscal Service). Information collection 
requests previously held separately by BPD and FMS will now be 
identified by a 1530 prefix, designating Fiscal Service.
    Abstract: The information is used to (1) establish a book-entry 
account; (2) change information on a book-entry account; and (3) 
transfer ownership of a book-entry account on the HUD system, 
maintained by the Federal Reserve Bank of Philadelphia.
    Current Actions: Extension of a currently approved collection.
    Type of Review: Regular.
    Affected Public: Individuals or Households.

[[Page 16279]]

    Estimated Number of Respondents: 300.
    Estimated Time per Respondent: 10 minutes.
    Estimated Total Annual Burden Hours: 50.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: March 11, 2016.
Bruce A. Sharp,
Bureau Clearance Officer.
[FR Doc. 2016-06807 Filed 3-24-16; 8:45 am]
 BILLING CODE 4810-AS-P

16278 Federal Register / Vol. 81, No. 58 / Friday, March 25, 2016 / Notices

Minimum Security Devices and Procedures for Monitoring Bank SUMMARY: The Department of the
Procedures Secrecy Act Compliance Treasury, as part of its continuing effort
Under 12 CFR 21.21, national banks to reduce paperwork and respondent
Under §§ 21.2 and 21.4; and §§ 568.2 burden, invites the general public and
and 568.4, national banks and savings and savings associations are required to
other Federal agencies to take this
associations are required to designate a develop and provide for the continued
opportunity to comment on a proposed
security officer who must develop and administration of a program reasonably
and/or continuing information
administer a written security program. designed to assure and monitor their
collection, as required by the Paperwork
compliance with the BSA and
The security officer shall report at least Reduction Act of 1995, Public Law 104–
applicable Treasury regulations. The
annually to the institution’s board of 13 (44 U.S.C. 3506(c)(2)(A)). Currently
compliance program shall be in writing,
directors on the effectiveness of the the Bureau of the Fiscal Service within
approved by the board of directors and
security program. The substance of the the Department of the Treasury is
noted in the minutes. These
report shall be reflected in the board’s soliciting comments concerning the
requirements are necessary to ensure
minutes. These requirements ensure collections of information required to
institution compliance with the BSA
that the security officer is responsible comply with the terms and conditions
and applicable Treasury regulations.
for the security program and that of FHA New Account Request,
Type of Review: Regular.
institution management and the board Transition Request, and Transfer
Affected Public: Business, for-profit Request.
of directors are aware of the content and institutions, and non-profit.
effectiveness of the program. These Estimated Number of Respondents: DATES: Written comments should be
requirements ensure prudent institution 1,485. received on or before May 24, 2016 to
management and institution safety and Estimated Total Annual Burden: be assured of consideration.
soundness. 714,205 hours. ADDRESSES: Direct all written comments
Comments submitted in response to and requests for further information to
Suspicious Activity Report (SAR)
this notice will be summarized and/or Bureau of the Fiscal Service, Bruce A.
The Financial Crimes Enforcement included in the request for OMB Sharp, 200 Third Street, A4–A,
Network (FinCEN) and Federal financial approval. All comments will become a Parkersburg, WV 26106–1328, or
institution supervisory agencies 1 (bank matter of public record. Comments are bruce.sharp@fiscal.treasury.gov.
regulators) adopted the SAR in 1996 to invited on: FOR FURTHER INFORMATION CONTACT:
simplify the process through which (a) Whether the collection of Requests for additional information or
depository institutions inform their information is necessary for the proper copies of the form(s) and instructions
regulators and law enforcement about performance of the functions of the should be directed to Dwayne Boothe,
suspected criminal activity. The SAR OCC, including whether the information Branch Manager, Special Investments
was updated in 1999, 2002, 2006, 2009 shall have practical utility; Branch; 200 Third Street, Room 119,
and 2013. (b) The accuracy of the OCC’s Parkersburg, WV 26106–1328, or
estimate of the burden of the collection dwayne.boothe@fiscal.treasury.gov.
In 1992, the Department of the SUPPLEMENTARY INFORMATION:
of information;
Treasury was granted broad authority to Form Numbers and Titles:
(c) Ways to enhance the quality,
require suspicious transaction reporting FS Form 5354—FHA Transaction
utility, and clarity of the information to
under the Bank Secrecy Act (BSA). See Request
be collected;
31 U.S.C. 5318(g). FinCEN, which has FS Form 5366—FHA New Account
(d) Ways to minimize the burden of
been delegated authority to administer the collection of information on Request
the BSA, joined with the bank regulators respondents, including through the use FS Form 5367—FHA Debenture
in 1996 in requiring, on a consolidated of automated collection techniques or Transfer Request
form (the SAR form), reports of other forms of information technology, OMB Number: 1530–0054 (Previously
suspicious transactions. See 31 CFR and approved as 1535–0120 as a collection
1020.320(a) (formerly 31 CFR 103.18(a)). (e) Estimates of capital or start-up conducted by Department of the
The filing of SARs is necessary to costs and costs of operation, Treasury/Bureau of the Public Debt.)
prevent and detect crimes involving maintenance, and purchase of services Transfer of OMB Control Number: The
depository institution funds, institution to provide information. Bureau of Public Debt (BPD) and the
insiders, criminal transactions, and Financial Management Service (FMS)
Dated: March 21, 2016.
money laundering. These requirements have consolidated to become the Bureau
Mary H. Gottlieb, of the Fiscal Service (Fiscal Service).
are necessary to ensure institution safety
and soundness. Regulatory Specialist, Legislative and Information collection requests
Regulatory Activities Division. previously held separately by BPD and
Banks and savings associations are [FR Doc. 2016–06758 Filed 3–24–16; 8:45 am] FMS will now be identified by a 1530
required to maintain a copy of any SAR BILLING CODE 4810–33–P prefix, designating Fiscal Service.
filed and the original or business record Abstract: The information is used to
equivalent of any supporting (1) establish a book-entry account; (2)
documentation for a period of five years. DEPARTMENT OF THE TREASURY change information on a book-entry
The documents are necessary for
asabaliauskas on DSK3SPTVN1PROD with NOTICES

account; and (3) transfer ownership of a
criminal investigations and Bureau of the Fiscal Service book-entry account on the HUD system,
prosecutions. maintained by the Federal Reserve Bank
Proposed Collection of Information:
FHA New Account Request, Transition of Philadelphia.
1 TheFederal financial institution supervisory Current Actions: Extension of a
agencies are the Office of the Comptroller of the Request, and Transfer Request
Currency (OCC), Board of Governors of the Federal
currently approved collection.
Reserve System (Board), Federal Deposit Insurance Notice and request for
ACTION:
Type of Review: Regular.
Corporation (FDIC), and National Credit Union Affected Public: Individuals or
comments.
Administration (NCUA). Households.

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Document Created: 2018-02-02 15:17:34
Document Modified: 2018-02-02 15:17:34

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
Action		Notice and request for comments.
Dates		Written comments should be received on or before May 24, 2016 to be assured of consideration.
Contact		Requests for additional information or copies of the form(s) and instructions should be directed to Dwayne Boothe, Branch Manager, Special Investments Branch; 200 Third Street, Room 119, Parkersburg, WV 26106-1328, or [email protected]
FR Citation		81 FR 16278

81 FR 16278 - Proposed Collection of Information: FHA New Account Request, Transition Request, and Transfer Request

DEPARTMENT OF THE TREASURYBureau of the Fiscal Service

Federal Register Volume 81, Issue 58 (March 25, 2016)

DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service