81 FR 65674 - Agency Information Collection Activities: Proposed Collections; Comment Request
NATIONAL CREDIT UNION ADMINISTRATION Federal Register Volume 81, Issue 185 (September 23, 2016)
Federal Register Volume 81, Issue 185 (September 23, 2016)
| Page Range | 65674-65675 | |
| FR Document | 2016-22913 |
[Federal Register Volume 81, Number 185 (Friday, September 23, 2016)] [Notices] [Pages 65674-65675] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-22913] ======================================================================= ----------------------------------------------------------------------- NATIONAL CREDIT UNION ADMINISTRATION Agency Information Collection Activities: Proposed Collections; Comment Request AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comment. ----------------------------------------------------------------------- SUMMARY: The National Credit Union Administration (NCUA), as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on extensions of previously approved collections, as required by the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35). DATES: Written comments should be received on or before November 22, 2016 to be assured consideration. ADDRESSES: Interested persons are invited to submit written comments on the information collections to Dawn Wolfgang, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314; Fax No. 703-519-8579; or Email at [email protected]. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to the address above. SUPPLEMENTARY INFORMATION: OMB Number: 3133-0094. Title: Suspicious Activity Report by Depository Institutions. Abstract: The Financial Crimes Enforcement Network (FinCEN), Department of the Treasury, was granted broad authority to require suspicious transaction reporting under the Bank Secrecy Act (BSA) (31 U.S.C. 5318(g)). FinCEN joined with the bank regulators in adopting and requiring reports of suspicious transactions on a consolidated suspicious activity report (SARs) form. This simplified the process through which banks inform their regulators and law enforcement about suspected criminal activity. In 2011, FinCEN transitioned from industry specific paper forms to one electronically filed dynamic and interactive BAS-SAR for use by all filing institutions. Information about suspicious transactions conducted or attempted by, at, through, or otherwise involving credit unions are collected through FinCEN's BSA E-filing system by credit unions. A SAR is to be filed no later than 30 calendar days from the date of the initial detection of facts that may constitute a basis for filing a SAR. If no suspect can be identified, the period for filing a SAR is extended to 60 days. FinCEN and law enforcement agencies use the information on BSA-SARs and the supporting documentation retained by the banks for criminal investigation and prosecution purposes. Adjustments in burden are due to an increase in total filings of suspicious activity by federally insured credit unions. The decrease in burden is due to adjustments made to the reporting and recordkeeping burden to align with FinCEN requirements. Type of Review: Extension of a previously approved collection. Affected Public: Private Sector: Not-for-profit institutions. Estimated No. of Respondents/Recordkeepers: 5,887. Estimated No. of Responses per Respondent: 14.24. Estimated Annual Responses: 83,859. Estimated Burden Hours per Response: 1. Estimated Total Annual Burden Hours: 83,859. OMB Number: 3133-0167. Title: Foreign Branching; 12 CFR 741.11. Abstract: Pursuant to Part 741, Section 741.11 of the NCUA Rules and Regulations, an insured credit union that wishes to establish a branch office outside the United States (other than branches located on United States military installations or embassies) must apply for and receive approval from the NCUA regional director before establishing that branch. The application must include (1) a business plan, (2) written approval by the state supervisory agency if the applicant is a state-chartered credit union, and (3) documentation evidencing written permission from the host country to establish the branch that explicitly recognizes NCUA's authority to examine and take any enforcement actions, [[Page 65675]] including conservatorship and liquidation actions. It is NCUA's understanding that no Federally Insured Credit Unions have sought to open any branches covered by this requirement over the last three years. However, we are seeking to maintain the OMB control number in the event that a credit union wishes to exercise this option. This information is necessary to evaluate the safety and soundness of the decision to open the branch and to protect the interests of the National Credit Union Share Insurance Fund. Type of Review: Extension of a previously approved collection. Estimated No. Respondents: Federally-insured credit unions. Estimated No. of Respondents: One. Frequency of Response: Once per foreign branch. Estimated Burden Hours per Response: 32. Estimated Total Annual Burden Hours: 32. Request for Comments: Comments submitted in response to this notice will be summarized and included in the request for Office of Management and Budget approval. All comments will become a matter of public record. The public is invited to submit comments concerning: (a) Whether the collection of information is necessary for the proper execution of the function of the agency, including whether the information will have practical utility; (b) the accuracy of the agency's estimate of the burden of the collection of information, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of the information on the respondents, including the use of automated collection techniques or other forms of information technology. By John Brolin, Acting Secretary of the Board, the National Credit Union Administration, on September 19, 2016. Dated: September 19, 2016. Dawn D. Wolfgang, NCUA PRA Clearance Officer. [FR Doc. 2016-22913 Filed 9-22-16; 8:45 am] BILLING CODE 7535-01-P
![65674 Federal Register / Vol. 81, No. 185 / Friday, September 23, 2016 / Notices
Issued: September 20, 2016. Eventbrite link: https:// suspicious transactions on a
Lisa R. Barton, www.eventbrite.com/e/freedom-of- consolidated suspicious activity report
Secretary to the Commission. information-act-foia-advisory- (SARs) form. This simplified the process
[FR Doc. 2016–22991 Filed 9–22–16; 8:45 am] committee-meeting-october-25-2016- through which banks inform their
BILLING CODE 7020–02–P
registration-27600140764. regulators and law enforcement about
To request additional suspected criminal activity. In 2011,
accommodations (e.g., a transcript), FinCEN transitioned from industry
email foia-advisory-committee@ specific paper forms to one
NATIONAL ARCHIVES AND RECORDS
nara.gov or call 202–741–5783. electronically filed dynamic and
ADMINISTRATION
Members of the media who wish to interactive BAS–SAR for use by all
Office of Government Information register, those who are unable to register filing institutions.
Services online, and those who require special Information about suspicious
accommodations, should contact Kate transactions conducted or attempted by,
[NARA–2016–055] Russ at the phone number, mailing at, through, or otherwise involving
address, or email address listed above. credit unions are collected through
Freedom of Information Act (FOIA)
FinCEN’s BSA E-filing system by credit
Advisory Committee; Meeting Patrice Little Murray,
unions. A SAR is to be filed no later
Committee Management Officer.
AGENCY: National Archives and Records than 30 calendar days from the date of
[FR Doc. 2016–22893 Filed 9–22–16; 8:45 am] the initial detection of facts that may
Administration (NARA).
ACTION: Notice of Federal Advisory
BILLING CODE 7515–01–P constitute a basis for filing a SAR. If no
Committee meeting. suspect can be identified, the period for
filing a SAR is extended to 60 days.
SUMMARY: In accordance with the NATIONAL CREDIT UNION FinCEN and law enforcement agencies
Federal Advisory Committee Act (5 ADMINISTRATION use the information on BSA–SARs and
U.S.C. App) and the second United the supporting documentation retained
States Open Government National Agency Information Collection by the banks for criminal investigation
Action Plan (NAP) released on Activities: Proposed Collections; and prosecution purposes.
December 5, 2013, NARA announces an Comment Request Adjustments in burden are due to an
upcoming Freedom of Information Act AGENCY: National Credit Union increase in total filings of suspicious
(FOIA) Advisory Committee meeting. Administration (NCUA). activity by federally insured credit
DATES: The meeting will be October 25, ACTION: Notice and request for comment.
unions. The decrease in burden is due
2016, from 10:00 a.m. to 1:00 p.m. EDT. to adjustments made to the reporting
You must register for the meeting by SUMMARY: The National Credit Union and recordkeeping burden to align with
5:00 p.m. EDT on October 23, 2016. Administration (NCUA), as part of a FinCEN requirements.
LOCATION: National Archives and continuing effort to reduce paperwork Type of Review: Extension of a
Records Administration (NARA); 700 and respondent burden, invites the previously approved collection.
Pennsylvania Avenue NW.; Archivist’s general public and other Federal Affected Public: Private Sector: Not-
Reception Room (Room 105); agencies to comment on extensions of for-profit institutions.
Washington, DC 20408. previously approved collections, as Estimated No. of Respondents/
required by the Paperwork Reduction Recordkeepers: 5,887.
FOR FURTHER INFORMATION CONTACT: Kate
Act of 1995 (Pub. L. 104–13, 44 U.S.C. Estimated No. of Responses per
Russ, Designated Federal Officer for this
Chapter 35). Respondent: 14.24.
committee, by mail at National Archives Estimated Annual Responses: 83,859.
and Records Administration; Office of DATES: Written comments should be
Estimated Burden Hours per
Government Information Services; 8601 received on or before November 22, Response: 1.
Adelphi Road—OGIS; College Park, MD 2016 to be assured consideration. Estimated Total Annual Burden
20740–6001, by telephone at 202–741– ADDRESSES: Interested persons are Hours: 83,859.
5783, or by email at foia-advisory- invited to submit written comments on OMB Number: 3133–0167.
committee@nara.gov. the information collections to Dawn Title: Foreign Branching; 12 CFR
SUPPLEMENTARY INFORMATION: Wolfgang, National Credit Union 741.11.
Agenda and meeting materials: You Administration, 1775 Duke Street, Abstract: Pursuant to Part 741,
may find all meeting materials at Alexandria, Virginia 22314; Fax No. Section 741.11 of the NCUA Rules and
https://ogis.archives.gov/foia-advisory- 703–519–8579; or Email at Regulations, an insured credit union
committee/2016-2018-term/Meetings. PRAComments@NCUA.gov. that wishes to establish a branch office
htm. The purpose of this meeting is to FOR FURTHER INFORMATION CONTACT: outside the United States (other than
discuss the FOIA issues on which the Requests for additional information branches located on United States
Committee is focusing its efforts. should be directed to the address above. military installations or embassies) must
Procedures: The meeting is open to SUPPLEMENTARY INFORMATION: apply for and receive approval from the
the public. Due to access procedures, OMB Number: 3133–0094. NCUA regional director before
you must register in advance if you wish Title: Suspicious Activity Report by establishing that branch. The
to attend the meeting. You will also go Depository Institutions. application must include (1) a business
through security screening when you Abstract: The Financial Crimes plan, (2) written approval by the state
sradovich on DSK3GMQ082PROD with NOTICES
enter the building. Seating in the Enforcement Network (FinCEN), supervisory agency if the applicant is a
meeting room is limited and will be Department of the Treasury, was granted state-chartered credit union, and (3)
available on a first-come, first-served broad authority to require suspicious documentation evidencing written
basis. Registration for the meeting will transaction reporting under the Bank permission from the host country to
go live via Eventbrite on October 3, Secrecy Act (BSA) (31 U.S.C. 5318(g)). establish the branch that explicitly
2016, at 10:00 a.m. EDT. To register for FinCEN joined with the bank regulators recognizes NCUA’s authority to examine
the meeting, please do so at this in adopting and requiring reports of and take any enforcement actions,
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![Federal Register / Vol. 81, No. 185 / Friday, September 23, 2016 / Notices 65675
including conservatorship and proposed information collection Reporting and Recordkeeping Hour
liquidation actions. requests as required by the Paperwork Burden:
It is NCUA’s understanding that no Reduction Act of 1995. Responses: 50 annually.
Federally Insured Credit Unions have DATES: Interested persons are invited to Burden Hours: 12.50.
sought to open any branches covered by submit comments within 60 days from Abstract: Section 5, First of the
this requirement over the last three the date of this publication. Railway Labor Act, 45 U.S.C., 155, First,
years. However, we are seeking to provides that both, or either, of the
SUPPLEMENTARY INFORMATION: Section
maintain the OMB control number in parties to the labor-management dispute
the event that a credit union wishes to 3506 of the Paperwork Reduction Act of
1995 (U.S.C. Chapter 35) requires that may invoke the mediation services of
exercise this option. the National Mediation Board. Congress
This information is necessary to the Office of Management and Budget
(OMB) provide interested Federal has determined that it is in the nation’s
evaluate the safety and soundness of the best interest to provide for governmental
decision to open the branch and to agencies and the public an early
opportunity to comment on information mediation as the primary dispute
protect the interests of the National resolution mechanism to resolve labor-
Credit Union Share Insurance Fund. collection requests. OMB may amend or
waive the requirement for public management disputes in the railroad
Type of Review: Extension of a and airline industries. The Railway
previously approved collection. consultation to the extent that public
participation in the approval process Labor Act is silent as to how the
Estimated No. Respondents: invocation of mediation is to be
Federally-insured credit unions. would defeat the purpose of the
information collection, violate State or accomplished and the Board has not
Estimated No. of Respondents: One. promulgated regulations requiring any
Frequency of Response: Once per Federal law, or substantially interfere
with any agency’s ability to perform its specific vehicle. Nonetheless, 29
foreign branch. CFR1203.1 provides that applications
Estimated Burden Hours per statutory obligations. The Assistant
Chief of Staff, Administration publishes for mediation services be made on
Response: 32. printed forms which may be secured
Estimated Total Annual Burden that notice containing proposed
information collection requests prior to from the National Mediation Board.
Hours: 32. This section of the regulations provides
Request for Comments: Comments submission of these requests to OMB.
Each proposed information collection that applications should be submitted in
submitted in response to this notice will duplicate, show the exact nature of the
be summarized and included in the contains the following: (1) Type of
review requested, e.g. new, revision dispute, the number of employees
request for Office of Management and involved, name of the carrier and name
Budget approval. All comments will extension, existing or reinstatement; (2)
Title; (3) Summary of the collection; (4) of the labor organization, date of
become a matter of public record. The agreement between the parties, date and
public is invited to submit comments Description of the need for, and
proposed use of, the information; (5) copy of notice served by the invoking
concerning: (a) Whether the collection party to the other and date of final
of information is necessary for the Respondents and frequency of
collection; and (6) Reporting and/or conference between the parties. The
proper execution of the function of the application should be signed by the
agency, including whether the Record keeping burden. OMB invites
public comment. highest officer of the carrier who has
information will have practical utility; been designated to handle disputes
(b) the accuracy of the agency’s estimate Currently, the National Mediation
Board is soliciting comments under the Railway Labor Act or by the
of the burden of the collection of chief executive of the labor
information, including the validity of concerning the proposed extension of
the Application for Mediation Services organization, whichever party files the
the methodology and assumptions used; application.
(c) ways to enhance the quality, utility, and is interested in public comment
addressing the following issues: (1) Is The extension of this form is
and clarity of the information to be necessary considering the information
collected; and (d) ways to minimize the this collection necessary to the proper
functions of the agency; (2) will this provided by the parties is used by the
burden of the collection of the Board to structure a mediation process
information on the respondents, information be processed and used in a
timely manner; (3) is the estimate of that will be productive to the parties
including the use of automated and result in a settlement without resort
collection techniques or other forms of burden accurate; (4) how might the
agency enhance the quality, utility, and to strike or lockout. The Board has been
information technology. very successful in resolving labor
clarity of the information to be
By John Brolin, Acting Secretary of the
collected; and (5) how might the agency disputes in the railroad and airline
Board, the National Credit Union industries. Historically, some 97 percent
Administration, on September 19, 2016. minimize the burden of this collection
on the respondents, including through of all NMB mediation cases have been
Dated: September 19, 2016. successfully resolved without
the use of information technology.
Dawn D. Wolfgang, interruptions to public service. Since
NCUA PRA Clearance Officer. Dated: September 19, 2016. 1980, only slightly more than 1 percent
[FR Doc. 2016–22913 Filed 9–22–16; 8:45 am]
Samantha Jones, of cases have involved a disruption of
BILLING CODE 7535–01–P
Assistant Chief of Staff, Administration, service. This success ratio would
National Mediation Board. possibly be reduced if the Board was
Application for Mediation Services unable to collect the brief information
sradovich on DSK3GMQ082PROD with NOTICES
NATIONAL MEDIATION BOARD that it does in the application for
Type of Review: Extension. mediation services.
Notice of Proposed Information Title: Application for Mediation Requests for copies of the proposed
Collection Requests Services, OMB Number: 3140–0002. information collection request may be
Frequency: On occasion. accessed from www.nmb.gov or should
AGENCY:National Mediation Board. Affected Public: Carrier and Union be addressed to Denise Murdock, NMB,
SUMMARY: The Assistant Chief of Staff, Officials, and employees of railroads 1301 K Street NW., Suite 250 E,
Administration invites comments on the and airlines. Washington, DC 20005 or addressed to
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Document Created: 2016-09-23 01:43:32
Document Modified: 2016-09-23 01:43:32
| 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 comment. | |
| Dates | Written comments should be received on or before November 22, 2016 to be assured consideration. | |
| Contact | Requests for additional information | |
| FR Citation | 81 FR 65674 |
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