Federal Register / Vol. 78, No. 109 / Thursday, June 6, 2013 / Proposed Rules 34013 

Estimated Total Annual Burden: 

5,000 hours. 

FinCEN specifically invites comments 

on: (a) Whether the proposed collection 

of information is necessary for the 

proper performance of the mission of 

FinCEN, including whether the 

information would have practical 

utility; (b) the accuracy of FinCEN’s 

estimate of the burden of the proposed 

collection of information; (c) ways to 

enhance the quality, utility, and clarity 

of the information required to be 

maintained; (d) ways to minimize the 

burden of the required collection of 

information, 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 report the information. 

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 OMB control 

number. 

VII. Executive Order 12866 

Executive Orders 12866 and 13563 

direct agencies to assess costs and 

benefits of available regulatory 

alternatives and, if regulation is 

necessary, to select regulatory 

approaches that maximize net benefits 

(including potential economic, 

environmental, public health and safety 

effects, distributive impacts, and 

equity). Executive Order 13563 

emphasizes the importance of 

quantifying both costs and benefits, of 

reducing costs, of harmonizing rules, 

and of promoting flexibility. It has been 

determined that the proposed rule is not 

a ‘‘significant regulatory action’’ for 

purposes of Executive Order 12866. 

List of Subjects in 31 CFR Chapter X 

Administrative practice and 

procedure, banks and banking, brokers, 

counter-money laundering, counterterrorism, foreign banking. 

Authority and Issuance 

For the reasons set forth in the 

preamble, Chapter X of title 31 of the 

Code of Federal Regulations is proposed 

to be amended as follows: 

CHAPTER X—FINANCIAL CRIMES 

ENFORCEMENT NETWORK, 

DEPARTMENT OF THE TREASURY 

PART 1010—GENERAL PROVISIONS 

■ 1. The authority citation for Part 1010 

continues to read as follows: 

Authority: 12 U.S.C. 1829b and 1951–1959; 

31 U.S.C. 5311–5314, 5316–5332 Title III, 

secs. 311, 312, 313, 314, 319, 326, 352, Pub. 

L. 107–56, 115 Stat. 307. 

■ 2. Amend Part 1010 by adding 

§ 1010.660 of Subpart F to read as 

follows: 

§ 1010.660 Special measures against 

Liberty Reserve 

(a) Definitions. For purposes of this 

section: 

(1) Liberty Reserve means all 

branches, offices, and subsidiaries of 

Liberty Reserve operating in any 

jurisdiction. 

(2) Correspondent account has the 

same meaning as provided in 

§ 1010.605(c)(1)(ii). 

(3) Covered financial institution has 

the same meaning as provided in 

§ 1010.605(e)(1). 

(4) Subsidiary means a company of 

which more than 50 percent of the 

voting stock or analogous equity interest 

is owned by another company. 

(b) Prohibition on accounts and due 

diligence requirements for covered 

financial institutions 

(1) Prohibition on use of 

correspondent accounts. A covered 

financial institution shall terminate any 

correspondent account that is 

established, maintained, administered, 

or managed in the United States for, or 

on behalf of, a foreign bank if such 

correspondent account is being used to 

process transactions that involve Liberty 

Reserve. 

(2) Special due diligence of 

correspondent accounts to prohibit use. 

(i) A covered financial institution 

shall apply special due diligence to its 

foreign correspondent accounts that is 

reasonably designed to guard against 

their use to process transactions 

involving Liberty Reserve. At a 

minimum, that special due diligence 

must include: 

(A) Notifying those foreign 

correspondent account holders that the 

covered financial institution knows or 

has reason to know provide services to 

Liberty Reserve that such 

correspondents may not provide Liberty 

Reserve with access to the 

correspondent account maintained at 

the covered financial institution; and 

(B) Taking reasonable steps to identify 

any use of its foreign correspondent 

accounts by Liberty Reserve, to the 

extent that such use can be determined 

from transactional records maintained 

in the covered financial institution’s 

normal course of business. 

(ii) A covered financial institution 

shall take a risk-based approach when 

deciding what, if any, other due 

diligence measures it reasonably must 

adopt to guard against the use of its 

foreign correspondent accounts to 

process transactions involving Liberty 

Reserve. 

(iii) A covered financial institution 

that obtains knowledge that a foreign 

correspondent account may be being 

used to process transactions involving 

Liberty Reserve shall take all 

appropriate steps to further investigate 

and prevent such access, including the 

notification of its correspondent account 

holder under paragraph (b)(2)(i)(A) and, 

where necessary, termination of the 

correspondent account. 

(3) Recordkeeping and reporting. 

(i) A covered financial institution is 

required to document its compliance 

with the notice requirement set forth in 

paragraph (b)(2)(i)(A) of this section. 

(ii) Nothing in paragraph (b) shall 

require a covered financial institution to 

report any information not otherwise 

required to be reported by law or 

regulation. 

Dated: May 28, 2013. 

Jennifer Shasky Calvery, 

Director, Financial Crimes Enforcement 

Network. 

[FR Doc. 2013–12945 Filed 6–5–13; 8:45 am] 

BILLING CODE 4810–02–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 52 

[EPA–R03–OAR–2012–0955; FRL–9819–5] 

Approval and Promulgation of Air 

Quality Implementation Plans; 

Delaware, District of Columbia, 

Maryland, Pennsylvania, Virginia, and 

West Virginia; Removal of Obsolete 

Regulations and Updates to Citations 

to State Regulations Due to 

Recodification 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Proposed rule. 

SUMMARY: EPA is proposing to remove 

over fifty rules in the Code of Federal 

Regulations (CFR) at 40 CFR part 52 for 

Delaware, the District of Columbia, 

Maryland, Pennsylvania, Virginia, and 

West Virginia because they are 

unnecessary or obsolete. EPA is also 

proposing to clarify regulations in 40 

CFR part 52 which reflect updated 

citations of certain Commonwealth of 

Virginia rules due to the 

Commonwealth’s recodification of its 

regulations at the state level. These 

proposed actions make no substantive 

changes to these State Implementation 

Plans (SIPs) and impose no new 

requirements. In the Final Rules section 

of this Federal Register, EPA is 


erowe on DSK2VPTVN1PROD with PROPOSALS-1
34014 Federal Register / Vol. 78, No. 109 / Thursday, June 6, 2013 / Proposed Rules 

approving these determinations as a 

direct final rule without prior proposal 

because the Agency views this as a 

noncontroversial submittal and 

anticipates no adverse comments. A 

detailed rationale for the approval is set 

forth in the direct final rule. If no 

adverse comments are received in 

response to this action, no further 

activity is contemplated. If EPA receives 

adverse comments, the direct final rule 

will be withdrawn and all public 

comments received will be addressed in 

a subsequent final rule based on this 

proposed rule. EPA will not institute a 

second comment period. Any parties 

interested in commenting on this action 

should do so at this time. 

DATES: Comments must be received in 

writing by July 8, 2013. 

ADDRESSES: Submit your comments, 

identified by Docket ID Number EPA– 

R03–OAR–2012–0955 by one of the 

following methods: 

A. www.regulations.gov. Follow the 

on-line instructions for submitting 

comments. 

B. Email: frankford.harold@epa.gov. 

C. Mail: EPA–R03–OAR–2012–0955, 

Harold A. Frankford, Mailcode 3AP00, 

U.S. Environmental Protection Agency, 

Region III, 1650 Arch Street, 

Philadelphia, Pennsylvania 19103. 

D. Hand Delivery: At the previouslylisted EPA Region III address. Such 

deliveries are only accepted during the 

Docket’s normal hours of operation, and 

special arrangements should be made 

for deliveries of boxed information. 

Instructions: Direct your comments to 

Docket ID No. EPA–R03–OAR–2012– 

0955. EPA’s policy is that all comments 

received will be included in the public 

docket without change, and may be 

made available online at 

www.regulations.gov, including any 

personal information provided, unless 

the comment includes information 

claimed to be Confidential Business 

Information (CBI) or other information 

whose disclosure is restricted by statute. 

Do not submit information that you 

consider to be CBI or otherwise 

protected through www.regulations.gov 

or email. The www.regulations.gov Web 

site is an ‘‘anonymous access’’ system, 

which means EPA will not know your 

identity or contact information unless 

you provide it in the body of your 

comment. If you send an email 

comment directly to EPA without going 

through www.regulations.gov, your 

email address will be automatically 

captured and included as part of the 

comment that is placed in the public 

docket and made available on the 

Internet. If you submit an electronic 

comment, EPA recommends that you 

include your name and other contact 

information in the body of your 

comment and with any disk or CD–ROM 

you submit. If EPA cannot read your 

comment due to technical difficulties 

and cannot contact you for clarification, 

EPA may not be able to consider your 

comment. Electronic files should avoid 

the use of special characters, any form 

of encryption, and be free of any defects 

or viruses. 

Docket: All documents in the 

electronic docket are listed in the 

www.regulations.gov index. Although 

listed in the index, some information is 

not publicly available, i.e., CBI or other 

information whose disclosure is 

restricted by statute. Certain other 

material, such as copyrighted material, 

is not placed on the Internet and will be 

publicly available only in hard copy 

form. Publicly available docket 

materials are available either 

electronically in www.regulations.gov or 

in hard copy during normal business 

hours at the Air Protection Division, 

U.S. Environmental Protection Agency, 

Region III, 1650 Arch Street, 

Philadelphia, Pennsylvania 19103. 

FOR FURTHER INFORMATION CONTACT: 

Harold A. Frankford, (215) 814–2018, or 

by email at frankford.harold@epa.gov. 

SUPPLEMENTARY INFORMATION: For 

further information, please see the 

information provided in the direct final 

action, with the same title, that is 

located in the ‘‘Rules and Regulations’’ 

section of this Federal Register 

publication. Please note that if EPA 

receives adverse comment on an 

amendment, paragraph, or section of 

this rule and if that provision may be 

severed from the remainder of the rule, 

EPA may adopt as final those provisions 

of the rule that are not the subject of an 

adverse comment. 

Dated: May 16, 2013. 

W.C. Early, 

Acting Regional Administrator, Region III. 

[FR Doc. 2013–13351 Filed 6–5–13; 8:45 am] 

BILLING CODE 6560–50–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Federal Emergency Management 

Agency 

44 CFR Part 67 

[Docket ID FEMA–2013–0002; Internal 

Agency Docket No. FEMA–B–1178] 

Proposed Flood Elevation 

Determinations for Bolivar County, 

Mississippi and Incorporated Areas 

AGENCY: Federal Emergency 

Management Agency, DHS. 

ACTION: Proposed rule; withdrawal. 

SUMMARY: The Federal Emergency 

Management Agency (FEMA) is 

withdrawing its proposed rule 

concerning proposed flood elevation 

determinations for Bolivar County, 

Mississippi and Incorporated Areas. 

DATES: This withdrawal is effective on 

June 6, 2013. 

ADDRESSES: You may submit comments, 

identified by Docket No. FEMA–B– 

1178, to Luis Rodriguez, Chief, 

Engineering Management Branch, 

Federal Insurance and Mitigation 

Administration, Federal Emergency 

Management Agency, 500 C Street SW., 

Washington, DC 20472, (202) 646–4064, 

or (email) Luis.Rodriguez3@ 

fema.dhs.gov. 

FOR FURTHER INFORMATION CONTACT: Luis 

Rodriguez, Chief, Engineering 

Management Branch, Federal Insurance 

and Mitigation Administration, Federal 

Emergency Management Agency, 500 C 

Street SW., Washington, DC 20472, 

(202) 646–4064, or (email) 

Luis.Rodriguez3@fema.dhs.gov. 

SUPPLEMENTARY INFORMATION: On 

February 16, 2011 and on August 7, 

2012, FEMA published a proposed 

rulemaking at 76 FR 8965 and 77 FR 

46994, respectively, proposing flood 

elevation determinations along one or 

more flooding sources in Bolivar 

County, Mississippi. Because FEMA has 

or will be issuing a Revised Preliminary 

Flood Insurance Rate Map, and if 

necessary a Flood Insurance Study 

report, featuring updated flood hazard 

information, the proposed rulemaking is 

being withdrawn. A Notice of Proposed 

Flood Hazard Determinations will be 

published in the Federal Register and in 

the affected community’s local 

newspaper. 


erowe on DSK2VPTVN1PROD with PROPOSALS-1