82 FR 35869 - Proposed Collection; Comment Request; Renewal Without Change of the FinCEN Form 8300
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network Federal Register Volume 82, Issue 146 (August 1, 2017)
Financial Crimes Enforcement Network
Federal Register Volume 82, Issue 146 (August 1, 2017)
| Page Range | 35869-35870 | |
| FR Document | 2017-16175 |
[Federal Register Volume 82, Number 146 (Tuesday, August 1, 2017)] [Notices] [Pages 35869-35870] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-16175] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Financial Crimes Enforcement Network Proposed Collection; Comment Request; Renewal Without Change of the FinCEN Form 8300 AGENCY: Financial Crimes Enforcement Network (``FinCEN''), U.S. Department of the Treasury. ACTION: Notice and request for comments. ----------------------------------------------------------------------- SUMMARY: FinCEN, a bureau of the U.S. Department of the Treasury, invites all interested parties to comment on its proposed renewal without change to the collection of information through Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business. This request for comments is made pursuant to the Paperwork Reduction Act of 1995. [[Page 35870]] DATES: Written comments should be received on or before October 2, 2017 to be assured of consideration. ADDRESSES: Comments may be submitted by any of the following methods:Federal E-rulemaking Portal: http://www.regulations.gov. Follow the instructions for submitting comments. Refer to Docket Number FINCEN-2017-0009 and OMB control number 1506-0018. Mail: Policy Division, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183. Refer to Docket Number FINCEN- 2017-0009 and OMB control number 1506-0018. Please submit comments by one method only. All comments submitted in response to this notice will become a matter of public record. Therefore, you should submit only information that you wish to make publicly available. FOR FURTHER INFORMATION CONTACT: The FinCEN Resource Center at 800-767- 2825 or electronically at [email protected]. SUPPLEMENTARY INFORMATION: Title: Report of Cash Payments Over $10,000 Received in a Trade or Business. Office of Management and Budget (``OMB'') Number: 1506-0018. Form Number: 8300. Abstract: The statute generally referred to as the ``Bank Secrecy Act,'' Titles I and II of Public Law 91-508, as amended, codified at 12 U.S.C. 1829b, 12 U.S.C. 1951-1959, and 31 U.S.C. 5311-5332, authorizes the Secretary of the Treasury (``Secretary''), among other things, to require financial institutions to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory matters, or in the conduct of intelligence or counter- intelligence activities to protect against international terrorism, and to implement counter-money laundering programs and compliance procedures.\1\ Regulations implementing Title II of the Bank Secrecy Act appear at 31 CFR Chapter X. --------------------------------------------------------------------------- \1\ Language expanding the scope of the Bank Secrecy Act to intelligence or counter-intelligence activities to protect against international terrorism was added by Section 358 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56. --------------------------------------------------------------------------- The authority of the Secretary to administer the Bank Secrecy Act has been delegated to the Director of FinCEN. Section 365 of the USA PATRIOT Act of 2001 (Pub. L. 107-56), adding section 5331 to Title 31 of the United States Code, authorized FinCEN to collect the information reported on Form 8300. The information collected on Form 8300 is required to be provided pursuant to 31 U.S.C. 5331, as implemented by FinCEN regulations found at 31 CFR 1010.330 and 1010.331. The regulations require any person in a trade or business who, in the course of the trade or business, receives more than $10,000 in cash or foreign currency in one or more related transactions to report it to FinCEN and provide a statement to the person. The information collected under this requirement is made available to appropriate agencies and organizations as disclosed in FinCEN's Privacy Act System of Records Notice relating to BSA Reports.\2\ --------------------------------------------------------------------------- \2\ Treasury Department bureaus, such as FinCEN, renew their System of Records Notices every three years, unless there is cause to amend them more frequently. FinCEN's System of Records Notice for the BSA Report System was most recently published at 79 FR 20969, April 14, 2014. --------------------------------------------------------------------------- Current Action: A renewal without change to the current Form 8300. The report is accessible on the FinCEN Web site at: http://www.fincen.gov/forms/files/fin8300_cashover10k.pdf Type of Review: Renewal without change of a currently approved collection. Affected Public: Businesses or other for-profit organizations, farms, and the Federal government. Frequency: As required. Estimated Number of Respondents: 46,800. Estimated Time per Respondent: 45 minutes. Estimated Total Annual Burden Hours: 35,100.\3\ --------------------------------------------------------------------------- \3\ The burden for the information collection in 31 CFR 1010.330, and 1010.331, (also approved under control number 1506- 0018), is reflected in the burden of the form and includes reporting and recordkeeping. --------------------------------------------------------------------------- An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. In accordance with 31 CFR 1010.330(e)(3), a person required to make a report under this section must keep a copy of each report filed for five years from the date of filing. 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. Jamal El Hindi, Deputy Director, Financial Crimes Enforcement Network. [FR Doc. 2017-16175 Filed 7-31-17; 8:45 am] BILLING CODE 4810-02-P
![Federal Register / Vol. 82, No. 146 / Tuesday, August 1, 2017 / Notices 35869
2000(d)(1)]; Farmland Protection Policy review of a claim provides a time period technical memoranda and re-
Act (FPPA) [7 U.S.C. 4201–4209]. of less than 150 days for filing such a evaluations can be viewed and
7. Wetlands and Water Resources: claim, then that shorter time period still downloaded from the project Web site at
Clean Water Act (Section 404, Section applies. www.i73insc.com. These documents are
401, and Section 319) [33 U.S.C. 1251– FOR FURTHER INFORMATION CONTACT: For also available by contacting the FHWA
1377]. FHWA: Emily O. Lawton, Division or SCDOT at the addresses provided
8. Hazardous Materials: Administrator, Federal Highway above.
Comprehensive Environmental Administration, Strom Thurmond Notice is hereby given that,
Response, Compensation, and Liability Federal Building, 1835 Assembly Street, subsequent to the earlier FHWA actions,
Act (CERCLA) [42 U.S.C. 9601–9675]. Suite 1270, Columbia, South Carolina the USACE has taken a final agency
9. Executive Orders: E.O. 11990 29201, Telephone: (803) 765–5411, action subject to 23 U.S.C. 139(l)(1) by
Protection of Wetlands; E.O. 11988 Email: Emily.lawton@dot.gov. The issuing a ROD and a CWA Section 404
Floodplain Management; E.O. 13112 FHWA South Carolina Division’s Office permit for the I–73 project in South
Invasive Species; E.O. 12898 Federal normal business hours are 8:00 a.m. to Carolina. The USACE decision and
Actions to Address Environmental 4:30 p.m. For USACE: Travis G. Hughes, permit (USACE Permit No. SAC–2008–
Justice in Minority Populations and Low Chief, Regulatory Division, U.S. Army 01333) are available by contacting
Income Populations; E.O. 13175 Corps of Engineers, Charleston District, USACE at the address provided above,
Consultation and Coordination with 69–A Hagood Avenue, Charleston, and can be viewed and downloaded
Indian Tribal Governments; E.O. 11514 South Carolina 29403, Telephone: (843) from http://www.sac.usace.army.mil/
Protection and Enhancement of 329–8044, Email: Travis.G.Hughes@ Missions/Regulatory/Projects-of-
Environmental Quality. usace.army.mil. The USACE Charleston Interest/.
(Catalog of Federal Domestic Assistance District’s Office normal business hours This notice applies to the USACE
Program Number 20.205, Highway Planning are 8:00 a.m. to 4:30 p.m. For South actions described above as of the
and Construction. The regulations Carolina Department of Transportation issuance date of this notice in the
implementing Executive Order 12372 (SCDOT): Chad C. Long, Director of Federal Register. The laws under which
regarding intergovernmental consultation on Environmental Services, South Carolina actions were taken include, but are not
Federal programs and activities apply to this Department of Transportation, 955 Park limited to:
program.) 1. General: National Environmental
Street, Columbia, South Carolina 29201,
Telephone: (803) 737–2314, Email: Policy Act (NEPA), 42 U.S.C. 4321–
Authority: 23 U.S.C. 139(l)(1). 4351; Federal-Aid Highway Act (FAHA)
Longcc@scdot.org. The SCDOT’s normal
Issued on: July 25, 2017. [23 U.S.C. 109 and 23 U.S.C. 128].
business hours are 8:00 a.m. to 4:30 p.m.
Pamela M. Kordenbrock, 2. Wetlands and Water Resources:
SUPPLEMENTARY INFORMATION: Notice is
Division Administrator, Nashville, Tennessee. hereby given that the USACE has taken Section 404 of the Clean Water Act, 33
[FR Doc. 2017–16142 Filed 7–31–17; 8:45 am] U.S.C. 1344.
final agency action subject to 23 U.S.C.
BILLING CODE 4910–RY–P 139(l)(1) by issuing permits for the Authority: 23 U.S.C. 139(l)(1), as amended
following highway project in the State by the Fixing America’s Surface
Transportation Act (FAST Act), Pub. L. 114–
of South Carolina: The Interstate 73
DEPARTMENT OF TRANSPORTATION Project involves construction of a new 94.
alignment interstate corridor from I–73/ Issued on: July 25, 2017.
Federal Highway Administration Division Administrator, Columbia, South
I–74 in Richmond County, NC,
extending through Marlboro, Dillon and Carolina.
Notice of Final Agency Action on
Proposed Interstate 73 in South Marion, and Horry counties, SC before [FR Doc. 2017–16140 Filed 7–31–17; 8:45 am]
Carolina terminating at S.C. Route 22 in Horry BILLING CODE 4910–22–P
County, SC. Due to the length of the
AGENCY: Federal Highway project being approximately 80 miles, it
Administration (FHWA), U.S. was logically divided into two sections: DEPARTMENT OF THE TREASURY
Department of Transportation (DOT). I–73 North, which traverses from I–73/
ACTION: Notice of limitation on claims 74 near Hamlet, NC to I–95 near Dillon, Financial Crimes Enforcement Network
for judicial review of actions by U.S. SC; and I–73 South, which traverses
Army Corps of Engineers (USACE). from I–95 near Dillon, SC to S.C. Route Proposed Collection; Comment
22 near Conway, SC. The actions by the Request; Renewal Without Change of
SUMMARY: This notice announces actions FHWA, and the laws under which such the FinCEN Form 8300
taken by the USACE that are final. The actions were taken, are described in the AGENCY: Financial Crimes Enforcement
actions taken relates to the Interstate 73 Final Environmental Impact Statement Network (‘‘FinCEN’’), U.S. Department
project, from the North Carolina border (FEIS) for the I–73 South project, of the Treasury.
to S.C. Route 22, in Marlboro, Dillon, approved on November 29, 2007, in the ACTION: Notice and request for
Marion, and Horry Counties, South FHWA Record of Decision (ROD) issued comments.
Carolina. Those actions grant the Clean on February 8, 2008, and in other
Water Act (CWA), Section 404 permit documents in the FHWA project SUMMARY: FinCEN, a bureau of the U.S.
for the project. records. Subsequent re-evaluations were Department of the Treasury, invites all
DATES: By this notice, the FHWA is conducted and approved on May 7, interested parties to comment on its
mstockstill on DSK30JT082PROD with NOTICES
advising the public of a final agency 2010 and May 10, 2017 for I–73 South. proposed renewal without change to the
action subject to 23 U.S.C. 139(l)(1). A The FEIS for I–73 North was approved collection of information through Form
claim seeking review of the Federal on August 6, 2008, and a ROD was 8300, Report of Cash Payments Over
agency action on the highway project issued on October 22, 2008. A $10,000 Received in a Trade or
will be barred unless the claim is filed subsequent re-evaluation was conducted Business. This request for comments is
on or before December 29, 2017. If the and approved on May 10, 2017. The made pursuant to the Paperwork
Federal law that authorizes judicial FHWA Draft EISs, FEISs, RODs, Reduction Act of 1995.
VerDate Sep<11>2014 20:13 Jul 31, 2017 Jkt 241001 PO 00000 Frm 00127 Fmt 4703 Sfmt 4703 E:\FR\FM\01AUN1.SGM 01AUN1](https://thefederalregister.org/doc/82_FR_36015/page/1.svg)
![35870 Federal Register / Vol. 82, No. 146 / Tuesday, August 1, 2017 / Notices
DATES: Written comments should be information reported on Form 8300. The of the burden of the collection of
received on or before October 2, 2017 to information collected on Form 8300 is information; (c) ways to enhance the
be assured of consideration. required to be provided pursuant to 31 quality, utility, and clarity of the
ADDRESSES: Comments may be U.S.C. 5331, as implemented by FinCEN information to be collected; (d) ways to
submitted by any of the following regulations found at 31 CFR 1010.330 minimize the burden of the collection of
methods: and 1010.331. information on respondents, including
• Federal E-rulemaking Portal: http:// The regulations require any person in through the use of automated collection
www.regulations.gov. Follow the a trade or business who, in the course techniques or other forms of information
instructions for submitting comments. of the trade or business, receives more technology; and (e) estimates of capital
Refer to Docket Number FINCEN–2017– than $10,000 in cash or foreign currency or start-up costs and costs of operation,
0009 and OMB control number 1506– in one or more related transactions to maintenance, and purchase of services
0018. report it to FinCEN and provide a to provide information.
• Mail: Policy Division, Financial statement to the person. The
Jamal El Hindi,
Crimes Enforcement Network, P.O. Box information collected under this
requirement is made available to Deputy Director, Financial Crimes
39, Vienna, VA 22183. Refer to Docket Enforcement Network.
Number FINCEN–2017–0009 and OMB appropriate agencies and organizations
as disclosed in FinCEN’s Privacy Act [FR Doc. 2017–16175 Filed 7–31–17; 8:45 am]
control number 1506–0018.
System of Records Notice relating to BILLING CODE 4810–02–P
Please submit comments by one
method only. All comments submitted BSA Reports.2
in response to this notice will become Current Action: A renewal without
change to the current Form 8300. The DEPARTMENT OF THE TREASURY
a matter of public record. Therefore, you
should submit only information that report is accessible on the FinCEN Web Office of Foreign Assets Control
you wish to make publicly available. site at: http://www.fincen.gov/forms/
files/fin8300_cashover10k.pdf Sanctions Actions Pursuant to
FOR FURTHER INFORMATION CONTACT: The
Type of Review: Renewal without Executive Order of March 8, 2015,
FinCEN Resource Center at 800–767– change of a currently approved
2825 or electronically at frc@fincen.gov. ‘‘Blocking Property and Suspending
collection. Entry of Certain Persons Contributing
SUPPLEMENTARY INFORMATION: Affected Public: Businesses or other to the Situation in Venezuela’’
Title: Report of Cash Payments Over for-profit organizations, farms, and the
$10,000 Received in a Trade or Federal government. AGENCY: Office of Foreign Assets
Business. Frequency: As required. Control, Department of the Treasury.
Office of Management and Budget Estimated Number of Respondents: ACTION: Notice.
(‘‘OMB’’) Number: 1506–0018. 46,800.
Form Number: 8300. Estimated Time per Respondent: 45 SUMMARY: The U.S. Department of the
Abstract: The statute generally minutes. Treasury’s Office of Foreign Assets
referred to as the ‘‘Bank Secrecy Act,’’ Estimated Total Annual Burden Control (OFAC) is publishing the names
Titles I and II of Public Law 91–508, as Hours: 35,100.3 of persons whose property and interests
amended, codified at 12 U.S.C. 1829b, An agency may not conduct or in property are blocked pursuant to the
12 U.S.C. 1951–1959, and 31 U.S.C. sponsor, and a person is not required to Executive Order of March 8, 2015,
5311–5332, authorizes the Secretary of respond to, a collection of information ‘‘Blocking Property and Suspending
the Treasury (‘‘Secretary’’), among other unless the collection of information Entry of Certain Persons Contributing to
things, to require financial institutions displays a valid OMB control number. the Situation in Venezuela.’’
to keep records and file reports that are In accordance with 31 CFR DATES: OFAC’s actions described in this
determined to have a high degree of 1010.330(e)(3), a person required to notice were effective on July 26, 2017.
usefulness in criminal, tax, and make a report under this section must FOR FURTHER INFORMATION CONTACT:
regulatory matters, or in the conduct of keep a copy of each report filed for five Associate Director for Global Targeting,
intelligence or counter-intelligence years from the date of filing. tel.: 202–622–2420; Assistant Director
activities to protect against international Request for Comments: Comments for Licensing, tel.: 202–622–2480,
terrorism, and to implement counter- submitted in response to this notice will Assistant Director for Regulatory Affairs,
money laundering programs and be summarized and/or included in the tel.: 202–622–4855, Assistant Director
compliance procedures.1 Regulations request for OMB approval. All for Sanctions Compliance & Evaluation,
implementing Title II of the Bank comments will become a matter of tel.: 202–622–2490; or the Department
Secrecy Act appear at 31 CFR Chapter public record. Comments are invited on: of the Treasury’s Office of the General
X. (a) Whether the collection of Counsel: Office of the Chief Counsel
The authority of the Secretary to information is necessary for the proper (Foreign Assets Control), tel.: 202–622–
administer the Bank Secrecy Act has performance of the functions of the 2410 (not toll free numbers).
been delegated to the Director of agency, including whether the
SUPPLEMENTARY INFORMATION:
FinCEN. information shall have practical utility;
Section 365 of the USA PATRIOT Act (b) the accuracy of the agency’s estimate Electronic Availability
of 2001 (Pub. L. 107–56), adding section The list of Specially Designated
2 Treasury Department bureaus, such as FinCEN,
5331 to Title 31 of the United States Nationals and Blocked Persons (SDN
renew their System of Records Notices every three
List) and additional information
mstockstill on DSK30JT082PROD with NOTICES
Code, authorized FinCEN to collect the years, unless there is cause to amend them more
frequently. FinCEN’s System of Records Notice for concerning OFAC sanctions programs
1 Language expanding the scope of the Bank the BSA Report System was most recently are available on OFAC’s Web site at
Secrecy Act to intelligence or counter-intelligence published at 79 FR 20969, April 14, 2014. http://www.treasury.gov/ofac.
activities to protect against international terrorism 3 The burden for the information collection in 31
was added by Section 358 of the Uniting and CFR 1010.330, and 1010.331, (also approved under Notice of OFAC Actions
Strengthening America by Providing Appropriate control number 1506–0018), is reflected in the
Tools Required to Intercept and Obstruct Terrorism burden of the form and includes reporting and On July 26, 2017, OFAC’s Director
Act of 2001, Public Law 107–56. recordkeeping. determined that the property and
VerDate Sep<11>2014 20:13 Jul 31, 2017 Jkt 241001 PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 E:\FR\FM\01AUN1.SGM 01AUN1](https://thefederalregister.org/doc/82_FR_36015/page/2.svg)
Document Created: 2018-10-24 11:42:28
Document Modified: 2018-10-24 11:42:28
| 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 October 2, 2017 to be assured of consideration. | |
| Contact | The FinCEN Resource Center at 800-767- 2825 or electronically at [email protected] | |
| FR Citation | 82 FR 35869 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR