83 FR 54659 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Financial Crimes Enforcement Network Information Collection Requests

DEPARTMENT OF THE TREASURY

Federal Register Volume 83, Issue 210 (October 30, 2018)

Page Range		54659-54660
FR Document		2018-23645

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.

Federal Register, Volume 83 Issue 210 (Tuesday, October 30, 2018)

[Federal Register Volume 83, Number 210 (Tuesday, October 30, 2018)]
[Notices]
[Pages 54659-54660]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-23645]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple Financial Crimes Enforcement Network 
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 November 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)

    1. Title: Suspicious Activity Report by Securities and Futures 
Industries.
    OMB Control Number: 1506-0019.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Treasury requires certain securities broker-dealers, 
futures commission merchants and introducing brokers in commodities to 
file suspicious activity reports. This renewal pertains to OMB approval 
of the information collection requirement per se imposed upon brokers 
or dealers in securities and futures commission merchants and 
introducing brokers in commodities. OMB approval of the allocated 
burden hours associated with these requirements (31 CFR 1023.320 and 
1026.320), stemming from the submission and record maintenance of the 
BSARs themselves, is reflected in the burden for the BSAR as approved 
under OMB Control No. 1506-0065. This splitting in the coverage of the 
OMB numbers is a result of FinCEN's streamlining of SAR reporting into 
one a single, unified format. Although the means of reporting was 
consolidated into a single reporting format covering multiple industry 
sectors under OMB Control No. 1506-0065, the reporting requirements 
themselves are still contained in separate rules covered by various OMB 
control numbers. Consequently, the burden listed in this renewal under 
control number 1506-0019 is estimated at one response and one hour in 
order to avoid double-counting the same burdens that have already been 
included in the estimate under control number 1506-0065.
    Form: FinCEN Form 111.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 1.
    Frequency of Response: On Occasion.
    Estimated Total Number of Annual Responses: 1.
    Estimated Time per Response: 1 hour.
    Estimated Total Annual Burden Hours: 1 hour.

[[Page 54660]]

    2. Title: Anti-Money Laundering programs for money services 
business, mutual funds, operators of credit card systems, and Providers 
of Prepaid Access.
    OMB Control Number: 1506-0020.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Money services businesses, mutual funds, and operators 
of credit card systems, and providers of prepaid access are required to 
develop and implement written anti-money laundering program. A copy of 
the program must be maintained for five years. See 31 CFR 103.125, 
103.130, and 103.135.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 327,106.
    Frequency of Response: On Occasion.
    Estimated Total Number of Annual Responses: 2,910,406.
    Estimated Time per Response: 9 minutes.
    Estimated Total Annual Burden Hours: 413,216.
    3. Title: Correspondent Accounts for Foreign Shell Banks; Record 
keeping and Termination of Correspondent Accounts.
    OMB Control Number: 1506-0043.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: These rules prohibit domestic financial institutions 
from maintaining correspondent accounts with foreign shell banks and 
require such institutions to maintain records of the owners, and 
agents, for service of legal process of foreign banks.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 2,000.
    Frequency of Response: On Occasion.
    Estimated Total Number of Annual Responses: 27,000.
    Estimated Time per Response: 11.33 hours.
    Estimated Total Annual Burden Hours: 306,000.

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

    Dated: October 25, 2018.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2018-23645 Filed 10-29-18; 8:45 am]
 BILLING CODE 4810-02-P

Federal Register / Vol. 83, No. 210 / Tuesday, October 30, 2018 / Notices 54659

Estimated Number of Respondents: OMB Control Number: 1530–0035. 20503, or email at OIRA_Submission@
341. Type of Review: Extension without OMB.EOP.gov and (2) Treasury PRA
Frequency of Response: Annually. change of a currently approved Clearance Officer, 1750 Pennsylvania
Estimated Total Number of Annual collection. Ave. NW, Suite 8100, Washington, DC
Responses: 341. Description: One or more fiduciaries 20220, or email at PRA@treasury.gov.
Estimated Time per Response: 18.75 (individual or corporate) must use this FOR FURTHER INFORMATION CONTACT:
hours. form to establish entitlement and Copies of the submissions may be
Estimated Total Annual Burden request distribution of United States obtained from Jennifer Quintana by
Hours: 6,394. Treasury Securities and/or related emailing PRA@treasury.gov, calling
2. Title: Request for Payment of payments to the person lawfully entitled (202) 622–0489, or viewing the entire
Federal Benefit by Check and EFT due to termination of a trust, information collection request at
Waiver Form. distribution of an estate, attainment of
OMB Control Number: 1530–0019. www.reginfo.gov.
majority, restoration to competency, or
Type of Review: Extension without other reason. SUPPLEMENTARY INFORMATION:
change of a currently approved Form: FS Form 1455. Financial Crimes Enforcement Network
collection. Affected Public: Individuals and
Description: 31 CFR part 208 requires (FinCEN)
households.
that all Federal non-tax payments be Estimated Number of Respondents: 1. Title: Suspicious Activity Report by
made by electronic funds transfer (EFT). 17,700. Securities and Futures Industries.
This form is used to collect information Frequency of Response: On occasion. OMB Control Number: 1506–0019.
from individuals requesting a waiver Estimated Total Number of Annual Type of Review: Extension without
from the EFT requirement because of a Responses: 17,700. change of a currently approved
mental impairment and/or who live in Estimated Time per Response: 30 collection.
a remote geographic location that does minutes. Description: Treasury requires certain
not support the use of EFT. These Estimated Total Annual Burden securities broker-dealers, futures
individuals may continue to receive Hours: 8,850. commission merchants and introducing
payment by check. However, 31 CFR brokers in commodities to file
part 208 requires individuals requesting Authority: 44 U.S.C. 3501 et seq. suspicious activity reports. This renewal
one of these waiver conditions to submit Dated: October 25, 2018. pertains to OMB approval of the
a written justification. Spencer W. Clark, information collection requirement per
Form: FS Form 1201W, FS Form Treasury PRA Clearance Officer. se imposed upon brokers or dealers in
1201W (SP), FS Form 1201W–DFAS. [FR Doc. 2018–23646 Filed 10–29–18; 8:45 am] securities and futures commission
Affected Public: Individuals and BILLING CODE 4810–AS–P
merchants and introducing brokers in
households. commodities. OMB approval of the
Estimated Number of Respondents: allocated burden hours associated with
3,250. DEPARTMENT OF THE TREASURY these requirements (31 CFR 1023.320
Frequency of Response: Once. and 1026.320), stemming from the
Estimated Total Number of Annual Agency Information Collection submission and record maintenance of
Responses: 3,250. Activities; Submission for OMB the BSARs themselves, is reflected in
Estimated Time per Response: 20 Review; Comment Request; Multiple the burden for the BSAR as approved
minutes. Financial Crimes Enforcement Network under OMB Control No. 1506–0065.
Estimated Total Annual Burden Information Collection Requests This splitting in the coverage of the
Hours: 1,083. OMB numbers is a result of FinCEN’s
3. Title: Claim for Lost, Stolen or AGENCY: Departmental Offices, U.S. streamlining of SAR reporting into one
Destroyed U.S. Savings Bonds and Department of the Treasury. a single, unified format. Although the
Supplemental Statement for U.S. ACTION: Notice. means of reporting was consolidated
Securities.
into a single reporting format covering
OMB Control Number: 1530–0021. SUMMARY: The Department of the
Type of Review: Extension without multiple industry sectors under OMB
Treasury will submit the following
change of a currently approved Control No. 1506–0065, the reporting
information collection requests to the
collection. requirements themselves are still
Office of Management and Budget
Description: The information is contained in separate rules covered by
(OMB) for review and clearance in
necessary to apply for relief on account various OMB control numbers.
accordance with the Paperwork
of the loss, theft, or destruction of Consequently, the burden listed in this
Reduction Act of 1995, on or after the
United States Savings Bonds or the non- renewal under control number 1506–
date of publication of this notice. The
receipt of United States Securities. 0019 is estimated at one response and
public is invited to submit comments on
Form: FS Form 1048, FS Form 2243. one hour in order to avoid double-
these requests.
Affected Public: Individuals and counting the same burdens that have
DATES: Comments should be received on already been included in the estimate
households.
or before November 29, 2018 to be under control number 1506–0065.
Estimated Number of Respondents:
assured of consideration. Form: FinCEN Form 111.
72,000.
Frequency of Response: On occasion. ADDRESSES: Send comments regarding Affected Public: Businesses or other
the burden estimate, or any other aspect
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Estimated Total Number of Annual for-profits.
Responses: 72,000. of the information collection, including Estimated Number of Respondents: 1.
Estimated Time per Response: 17 suggestions for reducing the burden, to Frequency of Response: On Occasion.
minutes. (1) Office of Information and Regulatory Estimated Total Number of Annual
Estimated Total Annual Burden Affairs, Office of Management and Responses: 1.
Hours: 20,352. Budget, Attention: Desk Officer for Estimated Time per Response: 1 hour.
4. Title: Request by Fiduciary for Treasury, New Executive Office Estimated Total Annual Burden
Reissue of United States Savings Bonds. Building, Room 10235, Washington, DC Hours: 1 hour.

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54660 Federal Register / Vol. 83, No. 210 / Tuesday, October 30, 2018 / Notices

2. Title: Anti-Money Laundering DEPARTMENT OF THE TREASURY Estimated Number of Respondents:
programs for money services business, 23,781.
mutual funds, operators of credit card Agency Information Collection Frequency of Response: On occasion.
systems, and Providers of Prepaid Activities; Submission for OMB Estimated Total Number of Annual
Access. Review; Comment Request; Multiple Responses: 23,781.
OMB Control Number: 1506–0020. Departmental Offices Information Estimated Time per Response: 9
Collection Requests hours.
Type of Review: Extension without Estimated Total Annual Burden
change of a currently approved AGENCY: Departmental Offices, U.S. Hours: 214,029.
collection. Department of the Treasury. 2. Title: Treasury International Capital
Description: Money services ACTION: Notice. (TIC) Form D: Report of Holdings of,
businesses, mutual funds, and operators and Transactions in, Financial
of credit card systems, and providers of SUMMARY: The Department of the Derivatives Contracts with Foreign
prepaid access are required to develop Treasury will submit the following Residents.
and implement written anti-money information collection requests to the OMB Control Number: 1505–0199.
laundering program. A copy of the Office of Management and Budget Type of Review: Revision of a
program must be maintained for five (OMB) for review and clearance in currently approved collection.
years. See 31 CFR 103.125, 103.130, and accordance with the Paperwork Description: Form D is required by
103.135. Reduction Act of 1995, on or after the law and is designed to collect timely
Form: None. date of publication of this notice. The information on International portfolio
public is invited to submit comments on capital movements, including U.S.
Affected Public: Businesses or other these requests.
for-profits. residents’ holdings of, and transactions
DATES: Comments should be received on in, financial derivatives contracts with
Estimated Number of Respondents: or before November 29, 2018 to be foreign residents. The information is
327,106. assured of consideration. used in the computation of the U.S.
Frequency of Response: On Occasion. ADDRESSES: Send comments regarding balance of payments accounts and
Estimated Total Number of Annual the burden estimate, or any other aspect international investments position, as
Responses: 2,910,406. of the information collection, including well as in the formulation of U.S.
Estimated Time per Response: 9 suggestions for reducing the burden, to International financial and monetary
minutes. (1) Office of Information and Regulatory policies.
Estimated Total Annual Burden Affairs, Office of Management and Form: TIC Form D.
Hours: 413,216. Budget, Attention: Desk Officer for Affected Public: Businesses or other
Treasury, New Executive Office for-profits.
3. Title: Correspondent Accounts for Estimated Number of Respondents:
Foreign Shell Banks; Record keeping Building, Room 10235, Washington, DC
20503, or email at OIRA_Submission@ 35.
and Termination of Correspondent Frequency of Response: Quarterly.
Accounts. OMB.EOP.gov and (2) Treasury PRA
Clearance Officer, 1750 Pennsylvania Estimated Total Number of Annual
OMB Control Number: 1506–0043. Ave. NW, Suite 8100, Washington, DC Responses: 140.
Type of Review: Extension without 20220, or email at PRA@treasury.gov. Estimated Time per Response: 30
change of a currently approved hours.
FOR FURTHER INFORMATION CONTACT:
collection. Estimated Total Annual Burden
Copies of the submissions may be Hours: 4,200.
Description: These rules prohibit obtained from Jennifer Quintana by
domestic financial institutions from 3. Title: Determinations Regarding
emailing PRA@treasury.gov, calling Certain Nonbank Financial Companies.
maintaining correspondent accounts (202) 622–0489, or viewing the entire
with foreign shell banks and require OMB Control Number: 1505–0244.
information collection request at Type of Review: Extension without
such institutions to maintain records of www.reginfo.gov. change of a currently approved
the owners, and agents, for service of
SUPPLEMENTARY INFORMATION: collection.
legal process of foreign banks.
Description: The information
Form: None. Departmental Offices (DO) collected in § 1310.20 from state
Affected Public: Businesses or other 1. Title: Solicitation of Proposal regulatory agencies will be used
for-profits. Information for Award of Public generally by FSOC to carry out its duties
Estimated Number of Respondents: Contracts. under Title I of the Dodd-Frank Act. The
2,000. OMB Control Number: 1505–0081. collections of information in §§ 1310.21
Frequency of Response: On Occasion. Type of Review: Extension without and 1310.22 provide an opportunity to
change of a currently approved request a hearing or submit written
Estimated Total Number of Annual collection. materials to the Council concerning
Responses: 27,000. Description: Information requested of whether, in the company’s view,
Estimated Time per Response: 11.33 offerors is specific to each procurement material financial distress at the
hours. solicitation, and is required for Treasury company, or the nature, scope, size,
Estimated Total Annual Burden to properly evaluate the capabilities and scale, concentration,
Hours: 306,000. experience of potential contractors who
khammond on DSK30JT082PROD with NOTICES

interconnectedness, or mix of the
Authority: 44 U.S.C. 3501 et seq. desire to provide the supplies or activities of the company, could pose a
services to be acquired. Evaluation will threat to the financial stability of the
Dated: October 25, 2018.
be used to determine which proposal United States.
Spencer W. Clark, most benefit the Government. Form: None.
Treasury PRA Clearance Officer. Form: None. Affected Public: Businesses or other
[FR Doc. 2018–23645 Filed 10–29–18; 8:45 am] Affected Public: Businesses or other for-profits.
BILLING CODE 4810–02–P for-profits. Estimated Number of Respondents: 1.

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Document Created: 2018-10-30 00:43:50
Document Modified: 2018-10-30 00:43:50

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.
Dates		Comments should be received on or before November 29, 2018 to be assured of consideration.
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.
FR Citation		83 FR 54659