63036 Federal Register / Vol. 88, No. 177 / Thursday, September 14, 2023 / Proposed Rules 

AD CF–2023–24, dated April 6, 2023 

(Transport Canada AD CF–2023–24). 

(d) Subject 

Air Transport Association (ATA) of 

America Code 24, Electrical Power. 

(e) Unsafe Condition 

This AD was prompted by damage found 

on two variable frequency generator (VFG) 

power-feeder harnesses due to chafing with 

wheel bins. An investigation found that the 

power-feeder harnesses were not adequately 

supported to protect from chafing due to 

vibration. The FAA is issuing this AD to 

prevent damage to VFG power-feeder 

harnesses from chafing due to vibration. The 

unsafe condition, if not addressed, could lead 

to a loss of generated power from both VFGs, 

or to a fire in the case of flammable fluid 

contact with arcing wires. 

(f) Compliance 

Comply with this AD within the 

compliance times specified, unless already 

done. 

(g) Requirements 

Except as specified in paragraph (h) of this 

AD: Comply with all required actions and 

compliance times specified in, and in 

accordance with, Transport Canada AD CF– 

2023–24. 

(h) Exceptions to Transport Canada AD CF– 

2023–24 

(1) Where Transport Canada AD CF–2023– 

24 refers to its effective date, this AD requires 

using the effective date of this AD. 

(2) Where Transport Canada AD CF–2023– 

24 refers to ‘‘hours air time,’’ this AD requires 

using ‘‘flight hours.’’ 

(i) Additional AD Provisions 

The following provisions also apply to this 

AD: 

(1) Alternative Methods of Compliance 

(AMOCs): The Manager, International 

Validation Branch, FAA, has the authority to 

approve AMOCs for this AD, if requested 

using the procedures found in 14 CFR 39.19. 

In accordance with 14 CFR 39.19, send your 

request to your principal inspector or 

responsible Flight Standards Office, as 

appropriate. If sending information directly 

to the International Validation Branch, send 

it to the attention of the person identified in 

paragraph (j) of this AD. Information may be 

emailed to: 9-AVS-AIR-730-AMOC@faa.gov. 

Before using any approved AMOC, notify 

your appropriate principal inspector, or 

lacking a principal inspector, the manager of 

the responsible Flight Standards Office. 

(2) Contacting the Manufacturer: For any 

requirement in this AD to obtain instructions 

from a manufacturer, the instructions must 

be accomplished using a method approved 

by the Manager, International Validation 

Branch, FAA; or Transport Canada; or Airbus 

Canada Limited Partnership’s Transport 

Canada Design Approval Organization 

(DAO). If approved by the DAO, the approval 

must include the DAO-authorized signature. 

(j) Additional Information 

For more information about this AD, 

contact William Reisenauer, Aviation Safety 

Engineer, FAA, 1600 Stewart Avenue, Suite 

410, Westbury, NY 11590; phone: 516–228 

7300; email: 9-avs-nyaco-cos@faa.gov. 

(k) Material Incorporated by Reference 

(1) The Director of the Federal Register 

approved the incorporation by reference 

(IBR) of the service information listed in this 

paragraph under 5 U.S.C. 552(a) and 1 CFR 

part 51. 

(2) You must use this service information 

as applicable to do the actions required by 

this AD, unless this AD specifies otherwise. 

(i) Transport Canada AD CF–2023–24, 

dated April 6, 2023. 

(ii) [Reserved] 

(3) For Transport Canada AD CF–2023–24, 

contact Transport Canada National Aircraft 

Certification, 159 Cleopatra Drive, Nepean, 

Ontario K1A 0N5, Canada; telephone 888– 

663–3639; email TC.AirworthinessDirectivesConsignesdenavigabilite.TC@tc.gc.ca. You 

may find this Transport Canada AD on the 

Transport Canada website at tc.canada.ca/ 

en/aviation. 

(4) You may view this material at the FAA, 

Airworthiness Products Section, Operational 

Safety Branch, 2200 South 216th St., Des 

Moines, WA. For information on the 

availability of this material at the FAA, call 

206–231–3195. 

(5) You may view this material that is 

incorporated by reference at the National 

Archives and Records Administration 

(NARA). For information on the availability 

of this material at NARA, email 

fr.inspection@nara.gov, or go to: 

www.archives.gov/federal-register/cfr/ibrlocations.html. 

Issued on September 8, 2023. 

Ross Landes, 

Deputy Director for Regulatory Operations, 

Compliance & Airworthiness Division, 

Aircraft Certification Service. 

[FR Doc. 2023–19861 Filed 9–13–23; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2023–1881; Project 

Identifier MCAI–2023–00495–T] 

RIN 2120–AA64 

Airworthiness Directives; Deutsche 

Aircraft GmbH (Type Certificate 

Previously Held by 328 Support 

Services GmbH; AvCraft Aerospace 

GmbH; Fairchild Dornier GmbH; 

Dornier Luftfahrt GmbH) Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: The FAA proposes to adopt a 

new airworthiness directive (AD) for all 

Deutsche Aircraft GmbH Model 328–100 

and 328–300 airplanes. This proposed 

AD was prompted by a manufacturer’s 

design review, which identified a 

potential risk of the rudder control rod 

buckling during operation with one 

engine inoperative during take-off and 

landing phases. This proposed AD 

would require visually inspecting the 

rudder control rod, performing a onetime functional check of the rudder 

control rod, performing corrective 

actions if necessary, and reporting the 

inspection results, as specified in a 

European Union Aviation Safety Agency 

(EASA) AD, which is proposed for 

incorporation by reference (IBR). This 

proposed AD would also limit the 

installation of affected parts under 

certain conditions. The FAA is 

proposing this AD to address the unsafe 

condition on these products. 

DATES: The FAA must receive comments 

on this proposed AD by October 30, 

2023. 

ADDRESSES: You may send comments, 

using the procedures found in 14 CFR 

11.43 and 11.45, by any of the following 

methods: 

• Federal eRulemaking Portal: Go to 

regulations.gov. Follow the instructions 

for submitting comments. 

• Fax: 202–493–2251. 

• Mail: U.S. Department of 

Transportation, Docket Operations, M– 

30, West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue SE, 

Washington, DC 20590. 

• Hand Delivery: Deliver to Mail 

address above between 9 a.m. and 5 

p.m., Monday through Friday, except 

Federal holidays. 

AD Docket: You may examine the AD 

docket at regulations.gov under Docket 

No. FAA–2023–1881; or in person at 

Docket Operations between 9 a.m. and 

5 p.m., Monday through Friday, except 

Federal holidays. The AD docket 

contains this NPRM, the mandatory 

continuing airworthiness information 

(MCAI), any comments received, and 

other information. The street address for 

Docket Operations is listed above. 

Material Incorporated by Reference: 

• For material that is proposed for 

IBR in this NPRM, contact EASA, 

Konrad-Adenauer-Ufer 3, 50668 

Cologne, Germany; telephone +49 221 

8999 000; email: ADs@easa.europa.eu; 

website: easa.europa.eu. You may find 

this material on the EASA website: 

ad.easa.europa.eu. It is also available at 

regulations.gov under Docket No. FAA– 

2023–1881. 

• You may view this service 

information at the FAA, Airworthiness 

Products Section, Operational Safety 

Branch, 2200 South 216th Street, Des 

Moines, WA. For information on the 


lotter on DSK11XQN23PROD with PROPOSALS1
Federal Register / Vol. 88, No. 177 / Thursday, September 14, 2023 / Proposed Rules 63037 

availability of this material at the FAA, 

call 206–231–3195. 

FOR FURTHER INFORMATION CONTACT: 

Todd Thompson, Aviation Safety 

Engineer, FAA, 1600 Stewart Avenue, 

Suite 410, Westbury, NY 11590; 

telephone 206–231–3228; email 

todd.thompson@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Comments Invited 

The FAA invites you to send any 

written relevant data, views, or 

arguments about this proposal. Send 

your comments to an address listed 

under ADDRESSES. Include ‘‘Docket No. 

FAA–2023–1881; Project Identifier 

MCAI–2023–00495–T’’ at the beginning 

of your comments. The most helpful 

comments reference a specific portion of 

the proposal, explain the reason for any 

recommended change, and include 

supporting data. The FAA will consider 

all comments received by the closing 

date and may amend this proposal 

because of those comments. 

Except for Confidential Business 

Information (CBI) as described in the 

following paragraph, and other 

information as described in 14 CFR 

11.35, the FAA will post all comments 

received, without change, to 

regulations.gov, including any personal 

information you provide. The agency 

will also post a report summarizing each 

substantive verbal contact received 

about this NPRM. 

Confidential Business Information 

CBI is commercial or financial 

information that is both customarily and 

actually treated as private by its owner. 

Under the Freedom of Information Act 

(FOIA) (5 U.S.C. 552), CBI is exempt 

from public disclosure. If your 

comments responsive to this NPRM 

contain commercial or financial 

information that is customarily treated 

as private, that you actually treat as 

private, and that is relevant or 

responsive to this NPRM, it is important 

that you clearly designate the submitted 

comments as CBI. Please mark each 

page of your submission containing CBI 

as ‘‘PROPIN.’’ The FAA will treat such 

marked submissions as confidential 

under the FOIA, and they will not be 

placed in the public docket of this 

NPRM. Submissions containing CBI 

should be sent to Todd Thompson, 

Aviation Safety Engineer, FAA, 1600 

Stewart Avenue, Suite 410, Westbury, 

NY 11590; telephone 206–231–3228; 

email todd.thompson@faa.gov. Any 

commentary that the FAA receives 

which is not specifically designated as 

CBI will be placed in the public docket 

for this rulemaking. 

Background 

EASA, which is the Technical Agent 

for the Member States of the European 

Union, has issued EASA AD 2023–0065, 

dated March 20, 2023 (EASA AD 2023– 

0065) (also referred to as the MCAI), to 

correct an unsafe condition for all 

Deutsche Aircraft GmbH (Type 

Certificate Previously Held by 328 

Support Services GmbH; AvCraft 

Aerospace GmbH; Fairchild Dornier 

GmbH; Dornier Luftfahrt GmbH) Model 

328–100 and 328–300 airplanes. The 

MCAI states that during a design review 

of the rudder control architecture, it was 

discovered that the rudder control rod 

could buckle during operation with one 

engine inoperative during take-off and 

landing phases. This condition, if not 

detected and corrected, could result in 

reduced control of the airplane. 

The FAA is proposing this AD to 

address the unsafe condition on these 

products. You may examine the MCAI 

in the AD docket at regulations.gov 

under Docket No. FAA–2023–1881. 

Related Service Information Under 1 

CFR Part 51 

EASA AD 2023–0065 specifies 

procedures for a functional check and 

general visual inspection (GVI) of the 

rudder control rod (measuring the 

length of the rudder control rod, 

inspecting for signs of bending, ensuring 

both rudder control rod ends are 

symmetrically adjusted, and ensuring 

the threads of the rod end fully cover 

both inspection holes). Depending on 

the inspection results, EASA AD 2023– 

0065 also specifies corrective action, 

including obtaining and following 

instructions if any discrepancy is 

identified. EASA AD 2023–0065 also 

requires reporting the inspection results 

to Deutsche Aircraft GmbH and limits 

the installation of affected parts under 

certain conditions. 

This material is reasonably available 

because the interested parties have 

access to it through their normal course 

of business or by the means identified 

in ADDRESSES section. 

FAA’s Determination 

This product has been approved by 

the aviation authority of another 

country and is approved for operation in 

the United States. Pursuant to the FAA’s 

bilateral agreement with this State of 

Design Authority, it has notified the 

FAA of the unsafe condition described 

in the MCAI referenced above. The FAA 

is issuing this NPRM after determining 

that the unsafe condition described 

previously is likely to exist or develop 

in other products of the same type 

design. 

Proposed AD Requirements in This 

NPRM 

This proposed AD would require 

accomplishing the actions specified in 

EASA AD 2023–0065 described 

previously, except for any differences 

identified as exceptions in the 

regulatory text of this proposed AD. 

Explanation of Required Compliance 

Information 

In the FAA’s ongoing efforts to 

improve the efficiency of the AD 

process, the FAA developed a process to 

use some civil aviation authority (CAA) 

ADs as the primary source of 

information for compliance with 

requirements for corresponding FAA 

ADs. The FAA has been coordinating 

this process with manufacturers and 

CAAs. As a result, the FAA proposes to 

incorporate EASA AD 2023–0065 by 

reference in the FAA final rule. This 

proposed AD would, therefore, require 

compliance with EASA AD 2023–0065 

in its entirety through that 

incorporation, except for any differences 

identified as exceptions in the 

regulatory text of this proposed AD. 

Using common terms that are the same 

as the heading of a particular section in 

EASA AD 2023–0065 does not mean 

that operators need comply only with 

that section. For example, where the AD 

requirement refers to ‘‘all required 

actions and compliance times,’’ 

compliance with this AD requirement is 

not limited to the section titled 

‘‘Required Action(s) and Compliance 

Time(s)’’ in EASA AD 2023–0065. 

Service information required by EASA 

AD 2023–0065 for compliance will be 

available at regulations.gov under 

Docket No. FAA–2023–1881 after the 

FAA final rule is published. 

Interim Action 

The FAA considers that this proposed 

AD would be an interim action. If final 

action is later identified, the FAA might 

consider further rulemaking then. 

Costs of Compliance 

The FAA estimates that this AD, if 

adopted as proposed, would affect 54 

airplanes of U.S. registry. The FAA 

estimates the following costs to comply 

with this proposed AD: 


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63038 Federal Register / Vol. 88, No. 177 / Thursday, September 14, 2023 / Proposed Rules 

ESTIMATED COSTS FOR REQUIRED ACTIONS

Labor cost Parts cost Cost per 

product 

Cost on U.S. 

operators 

2 work-hours × $85 per hour = $170 .......................................................................................... $0 $170 $9,180 

The FAA has received no definitive 

data on which to base the cost estimates 

for the on-condition actions specified in 

this proposed AD. 

Paperwork Reduction Act 

A federal agency may not conduct or 

sponsor, and a person is not required to 

respond to, nor shall a person be subject 

to a penalty for failure to comply with 

a collection of information subject to the 

requirements of the Paperwork 

Reduction Act unless that collection of 

information displays a current valid 

OMB Control Number. The OMB 

Control Number for this information 

collection is 2120–0056. Public 

reporting for this collection of 

information is estimated to take 

approximately 1 hour per response, 

including the time for reviewing 

instructions, searching existing data 

sources, gathering and maintaining the 

data needed, and completing and 

reviewing the collection of information. 

All responses to this collection of 

information are mandatory. Send 

comments regarding this burden 

estimate or any other aspect of this 

collection of information, including 

suggestions for reducing this burden, to: 

Information Collection Clearance 

Officer, Federal Aviation 

Administration, 10101 Hillwood 

Parkway, Fort Worth, TX 76177–1524. 

Authority for This Rulemaking 

Title 49 of the United States Code 

specifies the FAA’s authority to issue 

rules on aviation safety. Subtitle I, 

section 106, describes the authority of 

the FAA Administrator. Subtitle VII: 

Aviation Programs, describes in more 

detail the scope of the Agency’s 

authority. 

The FAA is issuing this rulemaking 

under the authority described in 

Subtitle VII, Part A, Subpart III, Section 

44701: General requirements. Under 

that section, Congress charges the FAA 

with promoting safe flight of civil 

aircraft in air commerce by prescribing 

regulations for practices, methods, and 

procedures the Administrator finds 

necessary for safety in air commerce. 

This regulation is within the scope of 

that authority because it addresses an 

unsafe condition that is likely to exist or 

develop on products identified in this 

rulemaking action. 

Regulatory Findings 

The FAA determined that this 

proposed AD would not have federalism 

implications under Executive Order 

13132. This proposed AD would not 

have a substantial direct effect on the 

States, on the relationship between the 

national Government and the States, or 

on the distribution of power and 

responsibilities among the various 

levels of government. 

For the reasons discussed above, I 

certify this proposed regulation: 

(1) Is not a ‘‘significant regulatory 

action’’ under Executive Order 12866, 

(2) Would not affect intrastate 

aviation in Alaska, and 

(3) Would not have a significant 

economic impact, positive or negative, 

on a substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

List of Subjects in 14 CFR Part 39 

Air transportation, Aircraft, Aviation 

safety, Incorporation by reference, 

Safety. 

The Proposed Amendment 

Accordingly, under the authority 

delegated to me by the Administrator, 

the FAA proposes to amend 14 CFR part 

39 as follows: 

PART 39—AIRWORTHINESS 

DIRECTIVES 

■ 1. The authority citation for part 39 

continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40113, 44701. 

§ 39.13 [Amended] 

■ 2. The FAA amends § 39.13 by adding 

the following new airworthiness 

directive: 

Deutsche Aircraft GmbH (Type Certificate 

Previously Held by 328 Support Services 

GmbH; AvCraft Aerospace GmbH; 

Fairchild Dornier GmbH; Dornier 

Luftfahrt GmbH): Docket No. FAA– 

2023–1881; Project Identifier MCAI– 

2023–00495–T. 

(a) Comments Due Date 

The FAA must receive comments on this 

airworthiness directive (AD) by October 30, 

2023. 

(b) Affected ADs 

None. 

(c) Applicability 

This AD applies to all Deutsche Aircraft 

GmbH (Type Certificate previously held by 

328 Support Services GmbH; AvCraft 

Aerospace GmbH; Fairchild Dornier GmbH; 

Dornier Luftfahrt GmbH) Model 328–100 and 

328–300 airplanes, certificated in any 

category. 

(d) Subject 

Air Transport Association (ATA) of 

America Code: 27, Flight Controls. 

(e) Unsafe Condition 

This AD was prompted by a manufacturer’s 

design review, which identified a potential 

risk of the rudder control rod buckling during 

operation with one engine inoperative during 

take-off and landing phases. The FAA is 

issuing this AD to address the potential 

failure of a rudder control rod. The unsafe 

condition, if not addressed, could result in 

reduced control of the airplane. 

(f) Compliance 

Comply with this AD within the 

compliance times specified, unless already 

done. 

(g) Requirements 

Except as specified in paragraph (h) of this 

AD: Comply with all required actions and 

compliance times specified in, and in 

accordance with, European Union Aviation 

Safety Agency (EASA) AD 2023–0065, dated 

March 20, 2023 (EASA AD 2023–0065). 

(h) Exceptions to EASA AD 2023–0065 

(1) Where EASA AD 2023–0065 refers to its 

effective date, this AD requires using the 

effective date of this AD. 

(2) Replace the entire text of paragraph (2) 

of EASA AD 2023–0065 with the following 

text, ‘‘If, during the functional check or GVI 

as required by paragraph (1) of this AD, as 

applicable, the length of the rudder control 

rod exceeds the maximum allowable length 

specified in the ASB, the rudder control rod 

is bent, both rudder control rod ends are not 

symmetrically adjusted, or both inspection 

holes are not fully covered with the threads 

of the rod end, repair before further flight 

using a method approved by the Manager, 

International Validation Branch, FAA; or 

EASA; or Deutsche Aircraft GmbH’s EASA 

Design Organization Approval (DOA). If 

approved by the DOA, the approval must 

include the DOA-authorized signature.’’ 

(3) This AD does not adopt the ‘‘Remarks’’ 

section of EASA AD 2023–0065. 

(i) Additional AD Provisions 

The following provisions also apply to this 

AD: 

(1) Alternative Methods of Compliance 

(AMOCs): The Manager, International 

Validation Branch, FAA, has the authority to 

approve AMOCs for this AD, if requested 


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Federal Register / Vol. 88, No. 177 / Thursday, September 14, 2023 / Proposed Rules 63039 

1The CTA is Title LXIV of the William M. (Mac) 

Thornberry National Defense Authorization Act for 

Fiscal Year 2021, Public Law 116–283 (Jan. 1, 2021) 

(the NDAA). Division F of the NDAA is the AntiMoney Laundering Act of 2020 (AML Act), which 

includes the CTA. 

2See CTA, section 6402(6), (7). 

3FinCEN, Beneficial Ownership Information 

Reporting Requirements, 87 FR 59498 (Sept. 30, 

2022), available at https://www.federalregister.gov/ 

documents/2022/09/30/2022-21020/beneficialownership-information-reporting-requirements. 

4The term ‘‘State’’ means any State of the United 

States, the District of Columbia, or any 

Continued 

using the procedures found in 14 CFR 39.19. 

In accordance with 14 CFR 39.19, send your 

request to your principal inspector or 

responsible Flight Standards Office, as 

appropriate. If sending information directly 

to the International Validation Branch, send 

it to the attention of the person identified in 

paragraph (j) of this AD. Information may be 

emailed to: 9-AVS-AIR-730-AMOC@faa.gov. 

Before using any approved AMOC, notify 

your appropriate principal inspector, or 

lacking a principal inspector, the manager of 

the responsible Flight Standards Office. 

(2) Contacting the Manufacturer: For any 

requirement in this AD to obtain instructions 

from a manufacturer, the instructions must 

be accomplished using a method approved 

by the Manager, International Validation 

Branch, FAA; or EASA; or Deutsche Aircraft 

GmbH’s EASA DOA. If approved by the 

DOA, the approval must include the DOAauthorized signature. 

(j) Additional Information 

For more information about this AD, 

contact Todd Thompson, Aviation Safety 

Engineer, FAA, 1600 Stewart Avenue, Suite 

410, Westbury, NY 11590; telephone 206– 

231–3228; email todd.thompson@faa.gov. 

(k) Material Incorporated by Reference 

(1) The Director of the Federal Register 

approved the incorporation by reference 

(IBR) of the service information listed in this 

paragraph under 5 U.S.C. 552(a) and 1 CFR 

part 51. 

(2) You must use this service information 

as applicable to do the actions required by 

this AD, unless this AD specifies otherwise. 

(i) European Union Aviation Safety Agency 

(EASA) AD 2023–0065, dated March 20, 

2023. 

(ii) [Reserved] 

(3) For EASA AD 2023–0065, contact 

EASA, Konrad-Adenauer-Ufer 3, 50668 

Cologne, Germany; telephone +49 221 8999 

000; email: ADs@easa.europa.eu; website: 

easa.europa.eu. You may find this EASA AD 

on the EASA website: ad.easa.europa.eu. 

(4) You may view this service information 

at the FAA, Airworthiness Products Section, 

Operational Safety Branch, 2200 South 216th 

Street, Des Moines, WA. For information on 

the availability of this material at the FAA, 

call 206–231–3195. 

(5) You may view this service information 

that is incorporated by reference at the 

National Archives and Records 

Administration (NARA). For information on 

the availability of this material at NARA, 

email fr.inspection@nara.gov, or go to: 

www.archives.gov/federal-register/cfr/ibrlocations.html. 

Issued on September 8, 2023. 

Ross Landes, 

Deputy Director for Regulatory Operations, 

Compliance & Airworthiness Division, 

Aircraft Certification Service. 

[FR Doc. 2023–19862 Filed 9–13–23; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF THE TREASURY 

Office of the Secretary 

31 CFR Part 1 

RIN: 1506–AB63 

Privacy Act of 1974; Proposed Rule 

Exempting a System of Records From 

Certain Provisions of the Privacy Act 

of 1974 

AGENCY: Financial Crimes Enforcement 

Network (FinCEN), Treasury. 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: In accordance with the 

requirements of the Privacy Act of 1974, 

as amended, FinCEN gives notice of a 

proposed amendment to exempt a new 

system of records, entitled ‘‘FinCEN 

.004—Beneficial Ownership Information 

System,’’ from certain provisions of the 

Privacy Act. The Beneficial Ownership 

Information (BOI) System is being 

established to implement the beneficial 

ownership information reporting and 

access requirements set out in the 

Corporate Transparency Act (CTA), 

which was enacted on January 1, 2021, 

as part of the Anti-Money Laundering 

Act of 2020. The exemptions are 

intended to increase the value of the 

system for law enforcement purposes 

and to comply with the CTA’s 

prohibitions against unauthorized 

disclosure of certain information. Public 

comments are invited. 

DATES: Comments on this document 

must be received by October 16, 2023. 

ADDRESSES: Written comments on this 

document may be submitted 

electronically through the Federal 

Government eRulemaking portal at 

https://www.regulations.gov. Electronic 

submission of comments allows the 

commenter maximum time to prepare 

and submit a comment, ensures timely 

receipt, and enables the Department of 

the Treasury (Treasury) to make the 

comments available to the public. Please 

note that comments submitted through 

https://www.regulations.gov will be 

public and can be viewed by members 

of the public. 

In general, Treasury will post all 

comments to https://

www.regulations.gov without change, 

including any business or personal 

information provided, such as names, 

addresses, email addresses, or telephone 

numbers. All comments received, 

including attachments and other 

supporting material, will be part of the 

public record and subject to public 

disclosure. You should submit only 

information that you wish to make 

publicly available. 

FOR FURTHER INFORMATION CONTACT: For 

questions about this document and 

privacy issues, contact: Deputy 

Assistant Secretary for Privacy, 

Transparency, and Records at U.S. 

Department of the Treasury, 1500 

Pennsylvania Avenue NW, Washington, 

DC 20220; telephone: (202) 622–5710. 

SUPPLEMENTARY INFORMATION: 

Background 

In a separate notice published on 

September 14, 2023, FinCEN is 

proposing to establish a system of 

records for information that the bureau 

will collect pursuant to the CTA, which 

was enacted into law as part of the AntiMoney Laundering Act of 2020.1 The 

CTA requires ‘‘reporting companies’’— 

certain corporations, limited liability 

companies, and other entities created in 

or registered to do business in the 

United States—to report to FinCEN 

identifying information associated with 

the entities themselves, their beneficial 

owners, and their company applicants 

(together, beneficial ownership 

information or BOI). The CTA 

establishes that beneficial ownership 

information (BOI) is ‘‘sensitive 

information’’ and imposes strict 

confidentiality and security restrictions 

on the storage, access, and use of that 

information.2

On September 30, 2022, FinCEN 

issued the final rule establishing BOI 

reporting requirements (the Reporting 

Rule).3 The Reporting Rule requires 

reporting companies to report BOI to 

FinCEN. Reporting companies will 

provide this information to FinCEN by 

submitting a Beneficial Ownership 

Information Report (BOIR). An initial 

BOIR must include the following BOI 

about the reporting company’s 

beneficial owners and company 

applicants (if the reporting company is 

required to report company applicant 

information): full legal name; date of 

birth; complete current address; and 

unique identifying number and issuing 

jurisdiction from an acceptable nonexpired identification document (i.e., a 

passport issued by the U.S. government, 

a document issued by a State,4 local 


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