Federal Register / Vol. 77, No. 53 / Monday, March 19, 2012 / Notices 16119 

Abstract: Banks, savings associations, 

credit unions, and certain non-federally 

regulated banks are required to develop 

and maintain customer identification 

programs and provide their customers 

with notice of the programs. (See FR 68, 

25090, May 9, 2003). 

Current Action: There is no change to 

existing regulations. 

Type of Review: Extension of a 

currently approved information 

collection. 

Affected Public: Business and other 

for profit institutions and non-profit 

institutions. 

Burden: Estimated Number of 

Respondents 22,060. 

Estimated Average Annual 

Recordkeeping Burden per Respondent: 

10 hours. 

Estimated Average Annual Disclosure 

Burden per Respondent: 1 hour. 

Estimated Total Annual Respondent 

Burden: 242,660 hours. 

2. Title: Customer identification 

program for broker-dealers (31 CFR 

1023.220). 

OMB Control Number: 1506–0034. 

Abstract: Broker-dealers are required 

to establish and maintain customer 

identification programs and provide 

their customers with notice of the 

programs. (See FR 68, 25113, May 9, 

2003). 

Current Action: There is no change to 

existing regulations. 

Type of Review: Extension of a 

currently approved information 

collection. 

Affected Public: Business and other 

for profit institutions. 

Burden: Estimated Number of 

Respondents 5,448. 

Estimated Average Annual Burden 

per Respondent: The estimated average 

burden associated with the notice 

requirement is two minutes per 

respondent. 

Estimated Number of Hours: 630,896. 

3. Title: Customer identification 

programs for futures commission 

merchants and introducing brokers 

(31 CFR 1026.220). 

OMB Control Number: 1506–0022. 

Abstract: Futures commission 

merchants and introducing brokers are 

required to develop and maintain 

customer identification programs and 

provide their customers with notice of 

the programs. (See FR 68, 25149, May 9, 

2003). 

Current Action: There is no change to 

existing regulations. 

Type of Review: Extension of a 

currently approved information 

collection. 

Affected Public: Business and other 

for profit institutions. 

Burden: Estimated Number of 

Respondents: 1856. 

Estimated Average Annual Burden 

per Respondent: The estimated average 

burden associated with the notice 

requirement is two minutes per 

respondent. 

Estimated Number of Hours: 20,471. 

4. Title: Customer identification 

programs for mutual funds (31 CFR 

1024.220). 

OMB Control Number: 1505–0033. 

Abstract: Mutual funds are required to 

establish and maintain customer 

identification programs and provide 

their customers with notice of the 

programs. (See FR 68, 25131, May 9, 

2003). 

Current Action: There is no change to 

existing regulations. 

Type of Review: Extension of a 

currently approved information 

collection. 

Affected Public: Business and other 

for profit institutions. 

Burden: Estimated Number of 

Respondents: 2,296. 

Estimated Average Annual Burden 

per Respondent: The estimated average 

burden associated with the notice 

requirement is 2 minutes per 

respondent. 

Estimated Number of Hours: 266,700. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless it displays a valid control 

number assigned by the Office of 

Management and Budget. Records 

required to be retained under the BSA 

must be retained for five years. 

Generally, information collected 

pursuant to the BSA is confidential but 

may be shared as provided by law with 

regulatory and law enforcement 

authorities. 

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: February 13, 2012. 

James H. Freis, Jr., 

Director, Financial Crimes Enforcement 

Network. 

[FR Doc. 2012–6479 Filed 3–16–12; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF THE TREASURY 

Financial Crimes Enforcement Network 

Agency Information Collection 

Activities; Proposed Collection; 

Comment Request; Report of 

International Transportation of 

Currency or Monetary Instruments 

AGENCY: Financial Crimes Enforcement 

Network (FinCEN), Treasury. 

ACTION: Notice and request for 

comments regarding the renewal 

without change of the Report of 

International Transportation of 

Currency or Monetary Instruments 

(CMIR). 

SUMMARY: As part of our continuing 

effort to reduce paperwork and 

respondent burden, FinCEN invites the 

general public and other Federal 

agencies to comment on an information 

collection requirement concerning the 

CMIR. This request for comment is 

being made pursuant to the Paperwork 

Reduction Act of 1995 (PRA), Public 

Law 10 U.S.C. 3506(c)(2)(A)). 

DATES: Written comments should be 

received on or before May 18, 2012 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to: Regulatory Policy and Programs 

Division, Financial Crimes Enforcement 

Network, Department of the Treasury, 

P.O. Box 39, Vienna, VA 22183–0039, 

Attention: PRA Comments—Report of 

International Transportation of 

Currency or Monetary Instruments. 

Comments also may be submitted by 

electronic mail to the following Internet 

address: ‘‘regcomments@fincen.gov’’ 

with the caption in the body of the text, 

‘‘Attention: PRA Comments—Report of 

International Transportation of 

Currency or Monetary Instruments.’’ 

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 6. A copy of the 

form may also be obtained from the 

FinCEN Web site at http:// 


emcdonald on DSK29S0YB1PROD with NOTICES
16120 Federal Register / Vol. 77, No. 53 / Monday, March 19, 2012 / Notices 

1The BSA is codified at 12 U.S.C. 1829b, 12 

U.S.C. 1951–1959, 31 U.S.C. 5311–5314 and 5316– 

5332 and notes thereto, with implementing 

regulations at 31 CFR chapter X. See 31 CFR 

1010.100(e). 

2Treasury Order 180–01 (Sept. 26, 2002). 

3 31 U.S.C. 5311. 

4 31 U.S.C. 5318(a) and (h). 

5On October 17, 2011, FinCEN published an 

NPRM (See 76 FR 64049) requesting comments on 

the proposed change to the definition of ‘‘monetary 

instrument’’ in the BSA. The comment period 

closed December 16, 2011. FinCEN received 14 

comments in response (See http:// 

www.regulations.gov/and search on RIN 1506– 

AB13). Any changes resulting from this NPRM will 

be the subject of a subsequent notice. 

www.fincen.gov/forms/files/ 

fin105_cmir.pdf. 

SUPPLEMENTARY INFORMATION: 

Title: Report of International 

Transportation of Currency or Monetary 

Instruments (CMIR). 

Office of Management and Budget 

Number (OMB): 1506–0014. 

Form Number: FinCEN Form 105. 

Abstract: FinCEN exercises regulatory 

functions primarily under the Currency 

and Financial Transactions Reporting 

Act of 1970, as amended by the USA 

PATRIOT Act of 2001 and other 

legislation. This legislative framework is 

commonly referred to as the ‘‘Bank 

Secrecy Act’’ (‘‘BSA’’).1 The Secretary of 

the Treasury has delegated to the 

Director of FinCEN the authority to 

implement, administer and enforce 

compliance with the BSA and 

associated regulations.2 Pursuant to this 

authority, FinCEN may issue regulations 

requiring financial institutions to keep 

records and file reports that ‘‘have a 

high degree of usefulness in criminal, 

tax, or regulatory investigations or 

proceedings, or in the conduct of 

intelligence or counterintelligence 

activities, including analysis, to protect 

against international terrorism.’’ 3

Additionally, FinCEN is authorized to 

impose regulations to maintain 

procedures to ensure compliance with 

the BSA and FinCEN’s implementing 

regulations, or to guard against money 

laundering, which includes imposing 

anti-money laundering (‘‘AML’’) 

program requirements on financial 

institutions.4

Pursuant to the BSA, the requirement 

of 31 U.S.C. 5316(a) has been 

implemented through regulations 

promulgated at 31 CFR 1010.340 and 

through the instructions for the CMIR as 

follows: 

(1) Each person who physically 

transports, mails, or ships, or causes to 

be physically transported, mailed, or 

shipped currency or other monetary 

instruments in an aggregate amount 

exceeding $10,000 at one time from the 

United States to any place outside the 

United States or into the United States 

from any place outside the United 

States, and 

(2) Each person who receives in the 

United States currency or other 

monetary instruments in an aggregate 

amount exceeding $10,000 at one time 

which have been transported, mailed, or 

shipped to the person from any place 

outside the United States. A transfer of 

funds through normal banking 

procedures, which does not involve the 

physical transportation of currency or 

monetary instruments, is not required to 

be reported on the CMIR. 

Information collected on the CMIR is 

made available, in accordance with 

strict safeguards, to appropriate criminal 

law enforcement and regulatory 

personnel in the official performance of 

their duties. The information collected 

is of use in investigations involving 

international and domestic money 

laundering, tax evasion, fraud, and other 

financial crimes. 

Current Actions: Renewal without 

change.5

Type of Review: Renewal of a 

currently approved collection. 

Affected Public: Individuals, business 

or other for-profit institutions, and notfor-profit institutions. 

Estimated Number of Respondents: 

280,000. 

Estimated Time per Respondent: 30 

minutes. 

Estimated Total Annual Burden 

Hours: 140,000 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 BSA must be retained for five years. 

Generally, information collected 

pursuant to the BSA is confidential, but 

may be shared as provided by law with 

regulatory and law enforcement 

authorities. 

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: February 13, 2012. 

James H. Freis, Jr., 

Director, Financial Crimes Enforcement 

Network. 

[FR Doc. 2012–6477 Filed 3–16–12; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

Tribal Consultations 

AGENCY: Department of Veterans Affairs. 

ACTION: Notice of Tribal Consultation. 

SUMMARY: The Department of Veterans 

Affairs (VA) Office of Tribal 

Government Relations (OTGR) will host 

a Tribal Consultation on the following 

VA programs: Native American Direct 

Loan Program, Tribal Cemetery Grants, 

and local implementation of the 2010 

VA/Indian Health Service (IHS) 

Memorandum of Understanding (MOU). 

DATES: Comments must be submitted to 

VA no later than Friday, March 30, 

2012. The Consultation Session will be 

held on April 5, 2012. 

ADDRESSES: The Consultation Session 

will be held at L’Enfant Plaza Hotel, 480 

L’Enfant Plaza, SW., Washington, DC 

20024, at 9 a.m., Eastern Standard Time. 

FOR FURTHER INFORMATION CONTACT: 

Erika Moott, Executive Officer, VA 

Office of Tribal Government Relations at 

(202) 461–7400, by email at 

Tribalgovernmentconsultation@va.gov, 

or by mail at Suite 915L, 810 Vermont 

Avenue NW., Washington, DC 20420. 

SUPPLEMENTARY INFORMATION: On 

November 6, 2000, President Clinton 

signed Executive Order 13175 entitled 

‘‘Consultation and Coordination With 

Indian Tribal Governments,’’ in order to 

‘‘establish regular and meaningful 

consultation and collaboration with 

[T]ribal officials in the development of 

Federal policies that have Tribal 

implications, to strengthen the United 

States government-to-government 

relationships with Indian Tribes, and to 

reduce the imposition of unfunded 

mandates upon Indian Tribes * * *’’ 

On November 5, 2009, President 

Obama signed the Memorandum on 

Tribal Consultation, pronouncing Tribal 

consultations a critical ingredient of a 

sound and productive Federal-Tribal 

relationship. The Presidential 

Memorandum directs all Federal 


emcdonald on DSK29S0YB1PROD with NOTICES