Federal Register / Vol. 86, No. 35 / Wednesday, February 24, 2021 / Notices 11379 

Dated: February 18, 2021. 

Kevin Brown, 

Acting Director, Taxpayer Advocacy Panel. 

[FR Doc. 2021–03739 Filed 2–23–21; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Open Meeting of the Taxpayer 

Advocacy Panel Joint Committee 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice of meeting. 

SUMMARY: An open meeting of the 

Taxpayer Advocacy Panel Joint 

Committee will be conducted. The 

Taxpayer Advocacy Panel is soliciting 

public comments, ideas, and 

suggestions on improving customer 

service at the Internal Revenue Service. 

DATES: The meeting will be held 

Thursday, March 25, 2021. 

FOR FURTHER INFORMATION CONTACT: 

Gilbert Martinez at 1–888–912–1227 or 

(737) 800–4060. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given pursuant to Section 

10(a)(2) of the Federal Advisory 

Committee Act, 5 U.S.C. App. (1988) 

that an open meeting of the Taxpayer 

Advocacy Panel Joint Committee will be 

held Thursday, March 25, 2021, at 1:30 

p.m. Eastern Time via teleconference. 

The public is invited to make oral 

comments or submit written statements 

for consideration. For more information 

please contact Gilbert Martinez at 1– 

888–912–1227 or (737–800–4060), or 

write TAP Office 3651 S. IH–35, STOP 

1005 AUSC, Austin, TX 78741, or post 

comments to the website: http://

www.improveirs.org. 

The agenda will include various 

committee issues for submission to the 

IRS and other TAP related topics. Public 

input is welcomed. 

Dated: February 18, 2021. 

Kevin Brown, 

Acting Director, Taxpayer Advocacy Panel. 

[FR Doc. 2021–03738 Filed 2–23–21; 8:45 am] 

BILLING CODE 4830–01–P 

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. 

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 must be received on 

or before March 26, 2021. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Molly Stasko by emailing 

PRA@treasury.gov, calling (202) 622– 

8922, or viewing the entire information 

collection request at www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Financial Crimes Enforcement Network 

(FinCEN) 

1. Title: Reports Relating to Currency 

in Excess of $10,000 Received in a 

Trade or Business, or Received as Bail 

by Court Clerks; Form 8300 (31 CFR 

1010.330 and 31 CFR 1010.331). 

OMB Control Number: 1506–0018. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: FinCEN is issuing this 

notice to renew the OMB control 

number for the requirements for (1) any 

person in a trade or business who, in the 

course of the trade or business, receives 

more than $10,000 in coin or currency 

in one or more related transactions to 

report it to FinCEN, and (2) any clerk of 

a federal or state court who receives 

more than $10,000 in currency as bail 

for any individual charged with a 

specified criminal offense to make 

report of information with respect to 

receipt of that currency. Reports under 

31 CFR 1010.330 and 31 CFR 1010.331 

are filed through the joint FinCEN/IRS 

Form 8300 and must be maintained for 

five years after the date of filing. 

Form: Form 8300. 

Affected Public: Businesses or other 

for-profit institutions; and Not-for-profit 

institutions. 

Estimated Number of Respondents: 

32,500. 

Frequency of Response: As required. 

Estimated Total Number of Annual 

Responses: 323,067. 

Estimated Total Annual Burden 

Hours: 161,534 hours. 

2. Title: Administrative rulings 

regulations (Subpart G—31 CFR 

1010.710 through 31 CFR 1010.717). 

OMB Control Number: 1506–0050. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: FinCEN is issuing this 

notice to renew the OMB control 

number for the administrative ruling 

regulations. A FinCEN administrative 

ruling is a written ruling interpreting 

the relationship between the regulations 

implementing the BSA at 31 CFR 

Chapter X and each situation for which 

such a ruling has been requested in 

conformity with the regulatory 

requirements. The regulations 

implementing the procedures for 

requestors to submit, and for FinCEN to 

issue, administrative rulings appear in 

Part 1010, Subpart G—Administrative 

Rulings. Specifically, the regulations 

address the following: (a) How to submit 

a request for an administrative ruling 

(31 CFR 1010.711); (b) treatment of nonconforming requests (31 CFR 1010.712); 

(c) treatment of oral communications 

(31 CFR 1010.713); (d) withdrawal of 

administrative ruling requests (31 CFR 

1010.714); (e) issuance of administrative 

rulings (31 CFR 1010.715); (e) 

modification and rescission of 

administrative rulings (31 CFR 

1010.716); and (f) disclosure of 

administrative ruling (31 CFR 

1010.717). An administrative ruling has 

precedential value, and may be relied 

upon by others similarly situated, only 

if FinCEN makes them available to the 

public through publication on the 

FinCEN website or another appropriate 

forum. 

Form: Not applicable. 

Affected Public: Businesses or other 

for-profit institutions; Not-for-profit 

institutions; and Individuals or 

Households. 

Estimated Number of Respondents: 

33. 

Frequency of Response: As required. 

Estimated Total Number of Annual 

Responses: 33. 

Estimated Time per Response: 2 

hours. 

Estimated Total Annual Burden 

Hours: 66 hours. 

3. Title: AML program requirements 

for casinos (31 CFR 1021.210, 31 CFR 

1021.410(b)(10)). 

OMB Control Number: 1506–0051. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: FinCEN is issuing this 

notice to renew the OMB control 

number for the AML program regulatory 


khammond on DSKJM1Z7X2PROD with NOTICES
11380 Federal Register / Vol. 86, No. 35 / Wednesday, February 24, 2021 / Notices 

requirements for casinos. Section 352 of 

the USA PATRIOT Act added 

subsection (h) to 31 U.S.C. 5318 of the 

BSA. Section 352 mandates that 

financial institutions establish AML 

programs to guard against money 

laundering. Such AML programs must 

include, at a minimum, the following: 

(a) The development of internal 

policies, procedures, and controls, (b) 

the designation of a compliance officer, 

(c) an ongoing employee training 

program, and (d) an independent audit 

function to test programs. Pursuant to 

section 352, FinCEN issued a regulation 

requiring casinos to develop and 

implement written AML programs. 

Form: Not applicable. 

Affected Public: Businesses or other 

for-profit institutions; and Not-for-profit 

institutions. 

Estimated Number of Respondents: 

993. 

Frequency of Response: As required. 

Estimated Time per Response: 1 hour 

per casino for maintaining and updating 

the AML program, 5 minutes per casino 

for storing the written AML program, 5 

minutes per casino for producing a copy 

of the AML program if requested by 

regulatory examiners or law 

enforcement; and 99 hours per casino 

for complying with the requirements in 

31 CFR 1021.210(b)(2)(v) and (vi). 

Estimated Total Annual Burden 

Hours: 99,466 hours. 

4. Title: Reports and records of certain 

domestic transactions (31 U.S.C. 5326; 

31 CFR 1010.370 and 1010.410(d)). 

OMB Control Number: 1506–0056. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: FinCEN is issuing this 

notice to renew the OMB control 

number for statutes and regulations 

requiring reports and records of certain 

domestic transactions. Congress 

amended the Bank Secrecy Act (BSA) in 

1988 to give the Secretary the authority 

to issue orders under 31 U.S.C. 5326 by 

passing Public Law 100–690, Title VI, 

§ 6185(c). This provision was later 

amended to permit issuance of 

confidential orders, lengthen the 

effective period of orders to 180 days, 

cover transactions involving transfers of 

funds, and to clarify that orders can be 

issued upon reasonable grounds for 

concluding that additional requirements 

are necessary to carry out the purposes 

of the subtitle of which 31 U.S.C. 5326 

is a part, or to prevent evasions thereof. 

See Public Law 102–550, Title XV, 

§ 1514; Public Law 107–56, 353(d); 

Public Law 115–44, 275. 

Under 31 U.S.C. 5326(a), if the 

Secretary finds that reasonable grounds 

exist for concluding that additional 

recordkeeping and reporting are 

necessary to carry out the purpose of the 

BSA or to prevent evasions thereof, the 

Secretary may issue an order requiring 

any domestic financial institution or 

nonfinancial trade or business or group 

of domestic financial institutions or 

nonfinancial trades or businesses in a 

geographic area to obtain such 

information as the Secretary may 

describe in such order concerning 

certain transactions. 

The authority set forth in 31 U.S.C. 

5326 to impose reporting and 

recordkeeping requirements is selfimplementing. Section 5326(a) generally 

requires domestic financial institutions 

or nonfinancial trades or businesses in 

a geographic area that receive an order 

to report, in the manner and to the 

extent specified in an order, information 

concerning any transaction in which 

such financial institution or 

nonfinancial trade or business is 

involved for the payment, receipt, or 

transfer of funds (as the Secretary may 

describe in such order). An order 

typically will include the following 

terms: (i) The dollar amount of 

transactions subject to the reporting 

requirement; (ii) the type of transactions 

subject to or exempt from the reporting 

requirement; (iii) the appropriate form 

for reporting and the method for form 

submission; (iv) the starting and ending 

dates by which the transactions 

specified in the order are to be reported; 

(v) a point of contact at FinCEN for 

questions; (vi) the amount of time the 

reports and records of reports generated 

are required to be retained; and (vii) any 

other information deemed necessary to 

carry out the purpose of the order. 

Pursuant to 31 U.S.C. 5326(d), no order 

will prescribe a reporting period of more 

than 180 days unless it is renewed 

pursuant to 31 U.S.C. 5326(a). These 

orders are commonly referred to as 

geographic targeting orders (GTOs). 

31 CFR 1010.410(d) requires each 

financial institution or nonfinancial 

trade or business to retain the original 

or a copy or reproduction of a record of 

the information required to be reported 

in a GTO for the period of time specified 

in the order, not to exceed five years. 

Form: Not applicable. 

Affected Public: Businesses or other 

for-profit institutions; and Not-for-profit 

institutions. 

Estimated Number of Respondents: 

353. 

Frequency of Response: As required. 

Estimated Total Number of Annual 

Responses: 13,719. 

Estimated Time per Response: 25 

minutes. 

Estimated Total Annual Burden 

Hours: 5,716 hours. 

5. Title: Records to be made and 

retained by financial institutions (31 

CFR 1010.410), records to be made and 

retained by banks (31 CFR 1020.410), 

and additional records to be maintained 

by providers and sellers of prepaid 

access (31 CFR 1022.420). 

OMB Control Number: 1506–0058 and 

1506–0059. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: FinCEN is issuing this 

notice to renew the OMB control 

numbers for regulations requiring 

certain financial institutions to make 

and retain records associated with 

certain types of transactions, including 

funds transfers, transmittals of funds, 

and prepaid access transactions, among 

other types of transactions. 

On January 3, 1995, Treasury and the 

Board jointly issued a recordkeeping 

rule (the ‘‘Recordkeeping Rule’’) that 

requires banks and nonbank financial 

institutions to collect and retain 

information related to funds transfers 

and transmittals of funds in amounts of 

$3,000 or more. The Recordkeeping 

Rule is intended to help law 

enforcement and regulatory authorities 

to detect, investigate, and prosecute 

money laundering, and other financial 

crimes by preserving an information 

trail about persons sending and 

receiving funds through the funds 

transfer system. 

At the same time, FinCEN issued a 

separate rule—the ‘‘Travel Rule’’—that 

requires banks and nonbank financial 

institutions to transmit information on 

certain funds transfers and transmittals 

of funds to other banks or nonbank 

financial institutions participating in 

the transfer or transmittal. The Travel 

Rule and the Recordkeeping Rule 

complement each other. Generally, the 

Recordkeeping Rule requires financial 

institutions to collect and retain the 

information that, under the Travel Rule, 

must be included with transmittal 

orders, although the Recordkeeping 

Rule also has other applications apart 

from ensuring that information is 

available to include with funds 

transfers. FinCEN issued the Travel Rule 

pursuant to statutory authority that 

permits the Treasury to require 

domestic financial institutions or 

nonfinancial trades or businesses to 

maintain appropriate procedures to 

ensure compliance with the Bank 

Secrecy Act (BSA) or to guard against 

money laundering, and to establish 

AML programs. 

The Recordkeeping Rule is codified at 

31 CFR 1020.410(a) and 1010.410(e), 

and the Travel Rule is codified at 31 

CFR 1010.410(f). This notice proposes to 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 86, No. 35 / Wednesday, February 24, 2021 / Notices 11381 

renew the regulations that implement 

the Recordkeeping Rule and the Travel 

Rule, along with all of the other 

regulatory requirements under 31 CFR 

1010.410, 1020.410, and 1022.420. 

The Recordkeeping Rule and Travel 

Rule collectively require banks and 

nonbank financial institutions to collect, 

retain, and transmit information on 

funds transfers and transmittals of funds 

in amounts of $3,000 or more. 

Under the Recordkeeping Rule, the 

originator’s bank or transmitter’s 

financial institution must collect and 

retain the following information: (a) 

Name and address of the originator or 

transmitter; (b) the amount of the 

payment or transmittal order; (c) the 

execution date of the payment or 

transmittal order; (d) any payment 

instructions received from the originator 

or transmitter with the payment or 

transmittal order; and (e) the identity of 

the beneficiary’s bank or recipient’s 

financial institution. In addition, the 

originator’s bank or transmitter’s 

financial institution must retain the 

following information if it receives that 

information from the originator or 

transmitter: (a) Name and address of the 

beneficiary or recipient; (b) account 

number of the beneficiary or recipient; 

and (c) any other specific identifier of 

the beneficiary or recipient. The 

originator’s bank or transmitter’s 

financial institution is required to verify 

the identity of the person placing a 

payment or transmittal order if the order 

is made in person and the person 

placing the order is not an established 

customer. Similarly, should the 

beneficiary’s bank or recipient’s 

financial institution deliver the 

proceeds to the beneficiary or recipient 

in person, the bank or nonbank financial 

institution must verify the identity of 

the beneficiary or recipient—and collect 

and retain various items of information 

identifying the beneficiary or 

recipient—if the beneficiary or recipient 

is not an established customer. Finally, 

an intermediary bank or financial 

institution—and the beneficiary’s bank 

or recipient’s financial institution— 

must retain originals or copies of 

payment or transmittal orders. 

Under the Travel Rule, the 

originator’s bank or transmitter’s 

financial institution is required to 

include information, including all 

information required under the 

Recordkeeping Rule, in a payment or 

transmittal order sent by the bank or 

nonbank financial institution to another 

bank or nonbank financial institution in 

the payment chain. An intermediary 

bank or financial institution is also 

required to transmit this information to 

other banks or nonbank financial 

institutions in the payment chain, to the 

extent the information is received by the 

intermediary bank or financial 

institution. 

Under 31 CFR 1022.420, Providers 

and sellers of prepaid access are a type 

of money services business (MSB), as 

defined in § 1010.100(ff). BSA 

regulations specific to MSBs are found 

at 31 CFR Chapter X. Providers and 

sellers of prepaid access must maintain 

access to transactional records generated 

in the ordinary course of business that 

would be needed to reconstruct prepaid 

access activation, loads, reloads, 

purchases, withdrawals, transfers, or 

other prepaid-related transactions. 

Form: Not applicable. 

Affected Public: Businesses or other 

for-profit institutions; and Not-for-profit 

institutions. 

Estimated Number of Respondents: 

28,567. 

Frequency of Response: As required. 

Estimated Total Annual Burden 

Hours: 2,908,942 hours. 

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

Dated: February 18, 2021. 

Molly Stasko, 

Treasury PRA Clearance Officer. 

[FR Doc. 2021–03731 Filed 2–23–21; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF THE TREASURY 

Privacy Act of 1974; System of 

Records 

AGENCY: Department of the Treasury. 

ACTION: Notice of a New System of 

Records. 

SUMMARY: In accordance with the 

Privacy Act of 1974, the Department of 

the Treasury (‘‘Treasury’’ or the 

‘‘Department’’) (including Treasury 

bureaus, offices, and other 

subcomponents), proposes to establish a 

new Treasury system of records titled, 

‘‘Department of the Treasury .020— 

Health Screening and Contact Tracing 

Records.’’ Treasury collects these 

records when it knows or suspects that 

a person who was infected with a 

communicable disease came in close 

physical proximity to or had physical 

contact with other persons while 

working in or visiting a Treasury facility 

(including Treasury sponsored events in 

non-Treasury facilities), and Treasury 

determines that the collection of such 

records is necessary to protect the 

health of Treasury personnel (meaning 

employees, grantees, contractors, and 

interns), and Treasury visitors (which 

includes non-Treasury federal 

employees and contractors, detailees 

from other federal agencies working at 

a Treasury facility, and members of the 

public who visit a Treasury facility). 

Treasury may collect these records in 

response to a health-related declaration 

of a national emergency by the 

President, a public health emergency 

declared by the Health and Human 

Service (HHS) Secretary or a designated 

federal official or a designated state 

official. Even in the absence of a healthrelated declaration of national 

emergency or declaration of public 

health emergency (HHS or state level), 

Treasury may collect these records if it 

determines that a significant risk of 

substantial harm exists to the health of 

Treasury personnel or visitors. 

DATES: Submit comments on or before 

March 26, 2021. The <new and/or 

significantly modified> routine uses 

will be applicable on March 26, 2021. 

ADDRESSES: Comments may be 

submitted to the Federal E-Rulemaking 

Portal electronically at http://

www.regulations.gov. Comments can 

also be sent to the Deputy Assistant 

Secretary for Privacy, Transparency, and 

Records, Department of the Treasury, 

Departmental Offices, 1750 

Pennsylvania Avenue NW, Washington, 

DC 20220, Attention: Revisions to 

Privacy Act Systems of Records. All 

comments received, including 

attachments and other supporting 

documents, are part of the public 

records and subject to public disclosure. 

All comments received will be posted 

without change to www.regulations.gov, 

including any personal information 

provided. You should submit only 

information that you wish to make 

publicly available. 

FOR FURTHER INFORMATION CONTACT: For 

general questions and privacy issues 

please contact: Deputy Assistant 

Secretary for Privacy, Transparency, and 

Records (202–622–5710), Department of 

the Treasury, 1500 Pennsylvania 

Avenue NW, Washington, DC 20220. 

SUPPLEMENTARY INFORMATION: In 

accordance with the Privacy Act of 

1974, 5 U.S.C. 552a, the Department of 

the Treasury (‘‘Treasury’’) proposes to 

establish a new Treasury system of 

records titled, ‘‘Department of the 

Treasury, Treasury .020—Health 

Screening and Contact Tracing 

Records.’’ 

Treasury is publishing this system of 

records to provide notice to individuals 

regarding the collection, maintenance, 

use and disclosure of health screening 

and contact tracing information 

collected from and about Treasury 

personnel (meaning employees, 

grantees, contractors, and interns), and 

Treasury visitors (meaning nonTreasury federal employees, detailees 


khammond on DSKJM1Z7X2PROD with NOTICES