552 Federal Register / Vol. 77, No. 3 / Thursday, January 5, 2012 / Notices 

1The securities and futures industry are those 

entities regulated by the Security and Exchange 

Commission (SEC) and the Commodity Futures 

Trading Commission (CFTC) as regulated under 31 

CFR Chapter X. 

2The BSA–SAR was approved by OMB under 

control number 1506–0065. This single report 

replaces the SAR–DI, C, MSB and SF. The current 

SAR–SF, as posted at www.fincen.gov/forms, may 

be used through March 2013. 

3See footnote 2. 

4Language 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 (the ‘‘USA PATRIOT Act’’), Public Law 

107–56. 

of birth, home address, driver’s license 

number, and passport number. 

BEP is also amending the ‘‘retention 

and disposal’’ parameters set forth in 

this system by detailing that data 

scanned from personal identification 

other than full name and photograph are 

disposed of immediately upon 

collection. The only data on an 

identification card that BEP uses for 

developing an Escort Visitor badge are 

the name and photograph of the visitor. 

BEP’s scanning hardware collects that 

data and digitizes them for use in 

ACAMS. The scanning hardware, 

however, also collects all of the other 

data on the identification card. That is 

because the entire card is scanned, not 

just certain portions of the card. 

Depending on the type of card, the other 

data collected from the identification 

card may include date of birth, home 

address, driver’s license number, and 

passport number. ACAMS only retains 

the name and photograph of a visitor 

from an identification card. The 

scanning hardware immediately deletes 

any remaining data. The update to the 

retention and disposal parameters 

reflects BEP’s ability to use its electronic 

scanning technology to instantaneously 

delete information that is not necessary 

when creating an Escort Visitor badge. 

The altered system of records report 

has been submitted to the Committee on 

Oversight and Government Reform of 

the House of Representatives, the 

Committee on Homeland Security and 

Governmental Affairs of the Senate and 

the Office of Management and Budget, 

pursuant to 5 U.S.C. 552a(r) and 

Appendix I to OMB Circular A–130, 

‘‘Federal Agency Responsibilities for 

Maintaining Records About 

Individuals,’’ dated November 30, 2000. 

For the reasons set forth in the 

preamble, BEP proposes to amend its 

system of records entitled ‘‘BEP .027— 

Access Control and Alarm Monitoring 

Systems (ACAMS),’’ as follows: 

Treasury/BEP .027 

SYSTEM NAME: 

Access Control and Alarm Monitoring 

Systems (ACAMS). 

* * * * * 

CATEGORIES OF RECORDS IN THE SYSTEM: 

Description of the change: Category 

(C) is revised to read: 

‘‘(C) Official visitors, contractors, and 

others issued ‘‘Escort Visitor’’ badges: 

photograph; full name; date of birth; 

home address; driver’s license number; 

passport number; date of issue; and 

date, time, and location of each passage 

through a security control point; and 

any additional data contained on an 

identification card presented when 

seeking an Escort Visitor badge is 

maintained in the BEP ACAMS.’’ 

* * * * * 

RETENTION AND DISPOSAL: 

Description of the change: Remove 

current entry and in its place add the 

following: 

‘‘The retention period is two (2) years, 

except that for official visitors, 

contractors, and others issued ‘‘Escort 

Visitor’’ badges, information other than 

name and photograph scanned from 

identification cards is disposed of 

immediately upon collection.’’ 

* * * * * 

Dated: December 22, 2011. 

Melissa Hartman, 

Deputy Assistant Secretary for Privacy, 

Transparency, and Records. 

[FR Doc. 2011–33816 Filed 1–4–12; 8:45 am] 

BILLING CODE 4810–39–P 

DEPARTMENT OF THE TREASURY 

Financial Crimes Enforcement Network 

Proposed Collection; Comment 

Request; Renewal of Suspicious 

Activity Reporting by the Securities 

and Futures Industry 

AGENCY: Financial Crimes Enforcement 

Network (‘‘FinCEN’’), Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: FinCEN invites comment on 

the renewal of an information collection 

requirement for the recordkeeping and 

reporting of suspicious activity 

activities by the Securities and Futures 

Industry,1 Office of Management and 

Budget Control Number 1506–0019. The 

report, (BSA–SAR) 2 will be used by the 

securities and futures industry to report 

suspicious activity to the Department of 

the Treasury. This request for comments 

also covers 31 CFR 1026.320 and 31 

CFR 1023.320. This request for 

comments is being made pursuant to the 

Paperwork Reduction Act of 1995, 

Public Law 104–13, 44 U.S.C. 

3506(c)(2)(A). 

DATES: Written comments are welcome 

and must be received on or before 

March 5, 2012. 

ADDRESSES: Written comments should 

be submitted to: Regulatory Policy and 

Programs Division, Financial Crimes 

Enforcement Network, Department of 

the Treasury, P.O. Box 39, Vienna, 

Virginia 22183, Attention: PRA 

Comments—SAR–Securities and 

Futures Industry. Comments also may 

be submitted by electronic mail to the 

following Internet address: 

regcomments@fincen.treas.gov, again 

with a caption, in the body of the text, 

‘‘Attention: PRA Comments—SAR– 

Securities and Futures Industry.’’ 

Inspection of comments. Comments 

may be inspected, between 10 a.m. and 

4 p.m., in the FinCEN reading room in 

Vienna, VA. Persons wishing to inspect 

the comments submitted must request 

an appointment with the Disclosure 

Officer by telephoning (703) 905–5034 

(Not a toll free call). 

FOR FURTHER INFORMATION CONTACT: The 

FinCEN Regulatory Helpline at (800) 

949–2732, select option 3. 

SUPPLEMENTARY INFORMATION: 

Title: Suspicious Activity Reporting 

by the Securities and Futures Industry, 

31 CFR 1026.320, and 31 CFR 1023.320. 

OMB Number: 1506–0019. 

Form Number: FinCEN Form 111 

(BSA–SAR) 3. 

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, inter alia, 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.4

Regulations implementing Title II of the 

Bank Secrecy Act appear at 31 CFR 

Chapter X. The authority of the 

Secretary to administer the Bank 

Secrecy Act has been delegated to the 

Director of FinCEN. 

The Secretary of the Treasury was 

granted authority in 1992, with the 

enactment of 31 U.S.C. 5318(g), to 

require financial institutions to report 

suspicious transactions. On July 1, 2002, 

FinCEN issued a final rule requiring 


emcdonald on DSK5VPTVN1PROD with NOTICES
Federal Register / Vol. 77, No. 3 / Thursday, January 5, 2012 / Notices 553 

5The reporting and recordkeeping burden of the 

regulations (31 CFR 1026.320 and 1023.320) is 

reflected in the burden for the BSA–SAR as 

approved under 1506–0065. This listed burden is 

assigned to maintain control number 1506–0019 

active as a reporting requirement. 

brokers or dealers in securities (‘‘brokerdealers’’) to report suspicious 

transactions (‘‘Broker-Dealer SAR rule’’), 

(67 FR 44048). The final Broker-Dealer 

SAR rule can also be found at 31 CFR 

1023.320. On August 5, 2002, FinCEN 

issued a final rule requiring futures 

commission merchants and introducing 

brokers in commodities to report 

suspicious transactions (‘‘FCM SAR 

rule’’), (67 FR 50751). The final FCM 

SAR rule can also be found at 31 CFR 

1026.320. 

The information collected is required 

to be provided pursuant to 31 U.S.C. 

5318(g), 31 CFR 1026.320 and 31 CFR 

1023.320. This information will be 

made available, in accordance with 

strict safeguards, to appropriate criminal 

law enforcement and regulatory 

personnel, and to the registered 

securities associations and national 

securities exchanges (so-called selfregulatory organizations) for use in 

official performance of their duties, for 

regulatory purposes and in 

investigations and proceedings 

involving domestic and international 

money laundering, terrorist financing, 

tax violations, fraud, and other financial 

crimes. 

Broker-dealers, futures commission 

merchants, and introducing brokers in 

commodities required to report 

suspicious transactions, or reporting 

such transactions voluntarily, will be 

subject to the protection from liability 

contained in 31 U.S.C. 5318(g)(3) and to 

the prohibition contained in 31 U.S.C. 

5318(g)(2) against notifying any person 

involved in the transaction that a 

suspicious activity report has been filed. 

Type of Review: Renewal of a 

currently approved information 

collection. 

Affected public: Business or other forprofit institutions. 

Frequency: As required. 

Estimated Reporting and 

Recordkeeping Burden: 1 hour 5. 

Estimated number of respondents = 

8,300. 

Estimated Total Annual Responses = 

8,300. 

Estimated Total Annual Reporting 

and Recordkeeping Burden: 8,300 

hours. 

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. 

Records required to be retained under 

the Bank Secrecy Act must be retained 

for five years. 

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: December 29, 2011. 

James H. Freis, Jr., 

Director, Financial Crimes Enforcement 

Network. 

[FR Doc. 2011–33855 Filed 1–4–12; 8:45 am] 

BILLING CODE 4810–02P–P 

DEPARTMENT OF THE TREASURY 

Fiscal Service 

Surety Companies Acceptable on 

Federal Bonds: Amendment— 

Evergreen National Indemnity 

Company 

AGENCY: Financial Management Service, 

Fiscal Service, Department of the 

Treasury. 

ACTION: Notice. 

SUMMARY: This is Supplement No. 5 to 

the Treasury Department Circular 570, 

2011 Revision, published July 1, 2011, 

at 76 FR 38892. 

FOR FURTHER INFORMATION CONTACT: 

Surety Bond Branch at (202) 874–6850. 

SUPPLEMENTARY INFORMATION: The 

underwriting limitation for Evergreen 

National Indemnity Company (NAIC 

#12750), which was listed in the 

Treasury Department Circular 570, 

published on July 1, 2011, is hereby 

amended to read $3,220,000. 

Federal bond-approving officers 

should annotate their reference copies 

of the Treasury Department Circular 570 

(‘‘Circular’’), 2011 Revision, to reflect 

this amendment. 

The Circular may be viewed and 

downloaded through the Internet at 

www.fms.treas.gov/c570. 

Questions concerning this notice may 

be directed to the U.S. Department of 

the Treasury, Financial Management 

Service, Financial Accounting and 

Services Division, Surety Bond Branch, 

3700 East-West Highway, Room 6F01, 

Hyattsville, MD 20782. 

Dated: December 20, 2011. 

Laura Carrico, 

Director, Financial Accounting and Services 

Division. 

[FR Doc. 2011–33738 Filed 1–4–12; 8:45 am] 

BILLING CODE 4810–35–M 

DEPARTMENT OF THE TREASURY 

Fiscal Service 

Surety Companies Acceptable on 

Federal Bonds: Termination; Western 

Bonding Company 

AGENCY: Financial Management Service, 

Fiscal Service, Department of the 

Treasury. 

ACTION: Notice. 

SUMMARY: This is Supplement No. 4 to 

the Treasury Department Circular 570; 

2011 Revision, published July 1, 2011, 

at 76 FR 38892. 

FOR FURTHER INFORMATION CONTACT: 

Surety Bond Branch at (202) 874–6850. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that the Certificate of 

Authority issued by the Treasury to 

Western Bonding Company (NAIC# 

13191) under 31 U.S.C. 9305 to qualify 

as an acceptable surety on Federal 

bonds is terminated effective today. 

Federal bond-approving officials should 

annotate their reference copies of the 

Treasury Department Circular 570 

(‘‘Circular’’), 2011 Revision, to reflect 

this change. 

With respect to any bonds, including 

continuous bonds, currently in force 

with above listed Company, bondapproving officers should secure new 

bonds with acceptable sureties in those 

instances where a significant amount of 

liability remains outstanding. In 

addition, in no event, should bonds that 

are continuous in nature be renewed. 

The Circular may be viewed and 

downloaded through the Internet at 

www.fms.treas.gov/c570. 

Questions concerning this notice may 

be directed to the U.S. Department of 

the Treasury, Financial Management 

Service, Financial Accounting and 

Services Division, Surety Bond Branch, 

3700 East-West Highway, Room 6F01, 

Hyattsville, MD 20782. 


emcdonald on DSK5VPTVN1PROD with NOTICES