9504 Federal Register / Vol. 80, No. 35 / Monday, February 23, 2015 / Notices 

1 In that docket, on November 25, 2014, BNSF 

Railway Company (BNSF) filed a verified notice of 

exemption under the Board’s class exemption 

procedures at 49 CFR 1180.2(d)(7). The notice 

addressed an agreement in which Union Pacific 

Railroad Company (UP) granted local trackage 

rights to BNSF over UP’s lines extending between: 

(1) UP milepost 93.2 at Stockton, Cal., on UP’s 

Oakland Subdivision, and UP milepost 219.4 at 

Elsey, Cal., on UP’s Canyon Subdivision, a distance 

of 126.2 miles; and (2) UP milepost 219.4 at Elsey 

and UP milepost 280.7 at Keddie, Cal., on UP’s 

Canyon Subdivision, a distance of 61.3 miles. See 

BNSF Ry.—Temporary Trackage Rights 

Exemption—Union Pac. R.R., FD 35879 (STB served 

Dec. 11, 2014). BNSF notes that, because the 

trackage rights covered by that docket are ‘‘local’’ 

rather than ‘‘overhead’’ rights, they do not qualify 

for the Board’s class exemption for temporary 

trackage rights at 49 CFR 1180.2(d)(8). 

1Language expanding the scope of the BSA 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, 

Public Law 107–56. 

DEPARTMENT OF TRANSPORTATION 

Surface Transportation Board 

[Docket No. FD 35879 (Sub-No. 1)] 

BNSF Railway Company—Temporary 

Trackage Rights Exemption—Union 

Pacific Railroad Company 

AGENCY: Surface Transportation Board, 

Department of Transportation. 

ACTION: Partial revocation of exemption. 

SUMMARY: Under 49 U.S.C. 10502, the 

Board revokes the class exemption as it 

pertains to the trackage rights described 

in Docket No. FD 35879 1 to permit the 

trackage rights to expire at midnight on 

October 31, 2015, in accordance with 

the agreement of the parties, subject to 

the employee protective conditions set 

forth in Oregon Short Line Railroad— 

Abandonment Portion Goshen Branch 

Between Firth & Ammon, in Bingham & 

Bonneville Counties, Idaho, 360 I.C.C. 

91 (1979). 

DATES: This decision is effective on 

March 25, 2015. Petitions to stay must 

be filed by March 5, 2015. Petitions for 

reconsideration must be filed by March 

16, 2015. 

ADDRESSES: Send an original and 10 

copies of all pleadings, referring to 

Docket No. FD 35879 (Sub-No. 1) to: 

Surface Transportation Board, 395 E 

Street SW., Washington, DC 20423– 

0001. In addition, a copy of each 

pleading must be served on BNSF’s 

representative: Karl Morell, Ball Janik 

LLP, Suite 225, 655 Fifteenth St. NW., 

Washington, DC 20005. 

FOR FURTHER INFORMATION CONTACT: 

Joseph H. Dettmar, (202) 245–0395. 

[Assistance for the hearing impaired is 

available through the Federal 

Information Relay Service (FIRS) at 

(800) 877–8339.] 

SUPPLEMENTARY INFORMATION: 

Additional information is contained in 

the Board’s decision. Board decisions 

and notices are available on our Web 

site at ‘‘WWW.STB.DOT.GOV.’’ 

Decided: February 18, 2015. 

By the Board, Acting Chairman Miller and 

Vice Chairman Begeman. 

Jeffrey Herzig, 

Clearance Clerk. 

[FR Doc. 2015–03598 Filed 2–20–15; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Financial Crimes Enforcement Network 

Proposed Information Collection 

Renewal; Comment Request; AntiMoney Laundering Programs for 

Insurance Companies and Non-Bank 

Residential Mortgage Lenders and 

Originators 

AGENCY: Financial Crimes Enforcement 

Network (‘‘FinCEN’’), Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: FinCEN invites comment on 

the renewal of information collections 

in existing regulations requiring 

insurance companies and non-bank 

mortgage lenders and originators to 

develop and implement written antimoney laundering programs reasonably 

designed to prevent those financial 

institutions from being used to facilitate 

money laundering and the financing of 

terrorist activities. This request for 

comments is being made pursuant to the 

Paperwork Reduction Act (‘‘PRA’’) 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 April 

24, 2015. 

ADDRESSES: Written comments should 

be submitted to: Policy Division, 

Financial Crimes Enforcement Network, 

P.O. Box 39, Vienna, VA 22183, 

Attention: Anti-Money Laundering 

Program Comments—Insurance 

Companies and Non-Bank Residential 

Mortgage Lenders and Originators. 

Comments also may be submitted by 

electronic mail to the following Internet 

address: regcomments@fincen.gov, again 

with a caption, in the body of the text, 

‘‘Attention: Anti-Money Laundering 

Program Comments—Insurance 

Companies and Non-Bank Residential 

Mortgage Lenders and Originators.’’ 

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 Resource Center at 800–767– 

2825 or email frc@fincen.gov. 

SUPPLEMENTARY INFORMATION: The Bank 

Secrecy Act (‘‘BSA’’), Titles I and II of 

Public Law 91–508, as amended, 

codified at 12 U.S.C. 1829(b), 12 U.S.C. 

1951–1959, and 31 U.S.C. 5311–5332, 

authorizes the Secretary of the Treasury, 

among other things, 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 counterintelligence activities to protect against 

international terrorism, and to 

implement counter-money laundering 

programs and compliance procedures.1

Regulations implementing Title II of 

the BSA appear at 31 CFR Chapter X. 

The authority of the Secretary of the 

Treasury to administer the BSA has 

been delegated to the Director of 

FinCEN. 

The information collected and 

retained under the regulations 

addressed in this notice assists federal, 

state, and local law enforcement as well 

as regulatory authorities in the 

identification, investigation, and 

prosecution of money laundering and 

other matters. In accordance with the 

requirements of the PRA, 44 U.S.C. 

3506(c)(2)(A), and its implementing 

regulations, the following information is 

presented concerning the recordkeeping 

requirements listed below. 

Title: Anti-money laundering 

programs for insurance companies, 31 

CFR 1025.210 and non-bank residential 

mortgage lenders and originators, 31 

CFR 1029.210. 

Office of Management and Budget 

(‘‘OMB’’) Control Number: 1506–0035. 

Abstract: Insurance companies and 

non-bank residential mortgage lenders 

and originators are required to establish 

and maintain written anti-money 

laundering programs. A copy of the 

written program must be maintained for 

five years. 

Current Action: Renewal of current 

regulations. 

Type of Review: Renewal of a 

currently approved information 

collection. 

Affected Public: Businesses and other 

for-profit institutions. 

Estimated Number of Respondents: 

1,200 Insurance Companies and 31,000 


Rmajette on DSK2VPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 35 / Monday, February 23, 2015 / Notices 9505 

1Language expanding the scope of the BSA 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, 

Public Law 107–56. 

2The term money services business (‘‘MSB’’) 

includes dealer in foreign exchange, check casher, 

issuer or seller of traveler’s checks or money orders, 

provider of prepaid access, money transmitter, U.S. 

Postal Service, and seller of prepaid access. See 31 

CFR 1010.100(ff). 

3Providers and sellers of prepaid access are 

required to collect and maintain the customer’s 

name, date of birth, address, and identification 

number for five years. This collection is automated. 

FinCEN estimates that approximately 2,583,300 

prepaid cards are issued annually. 

Non-Bank Residential Mortgage Lender 

and Originators. 

Estimated Number of Responses: 

1,200 Insurance Companies and 31,000 

Non-Bank Residential Mortgage Lender 

and Originators. 

Estimated Number of Hours: 1,200 

Insurance Companies and 31,000 NonBank Residential Mortgage Lender and 

Originators. 

Total Estimated Burden Hours: 

43,000. 

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. 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, 2015. 

Jennifer Shasky Calvery, 

Director, Financial Crimes Enforcement 

Network. 

[FR Doc. 2015–03580 Filed 2–20–15; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF THE TREASURY 

Financial Crimes Enforcement Network 

Proposed Information Collection; 

Comment Request; Renewal Without 

Change of Anti-Money Laundering 

Programs for Money Services 

Businesses, Mutual Funds, and 

Operators of Credit Cards Systems 

AGENCY: Financial Crimes Enforcement 

Network, Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: As part of our continuing 

effort to reduce paperwork and 

respondent burden, the Financial 

Crimes Enforcement Network 

(‘‘FinCEN’’) invites comment on a 

proposed renewal, without change, to 

information collections found in 

existing regulations requiring money 

services businesses, mutual funds, and 

operators of credit card systems to 

develop and implement written antimoney laundering programs reasonably 

designed to prevent those financial 

institutions from being used to facilitate 

money laundering and the financing of 

terrorist activities. This request for 

comments is being made pursuant to the 

Paperwork Reduction Act of 1995 

(‘‘PRA’’), Public Law 104–13, 44 U.S.C. 

3506(c)(2)(A). 

DATES: Written comments are welcome 

and must be received on or before April 

24, 2015. 

ADDRESSES: Written comments should 

be submitted to: Policy Division, 

Financial Crimes Enforcement Network, 

U.S Department of the Treasury, P.O. 

Box 39, Vienna, VA 22183. Attention: 

PRA Comments—AML Requirements 

for money services businesses, mutual 

funds, and operators of credit card 

systems. 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—AML 

Requirements for money services 

businesses, mutual funds, and operators 

of credit card systems.’’ All submissions 

received must include the agency name 

and the specific OMB control number 

for this notice. 

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 Resource Center at 800–767– 

2825 or email frc@fincen.gov. 

SUPPLEMENTARY INFORMATION: The Bank 

Secrecy Act (‘‘BSA’’), Titles I and II of 

Public Law 91–508, as amended, 

codified at 12 U.S.C. 1829(b), 12 

U.S.C.1951–1959, and 31 U.S.C. 5311– 

5332, authorizes the Secretary of the 

Treasury, among other things, 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.1

Regulations implementing Title II of the 

BSA appear at 31 CFR Chapter X. The 

authority of the Secretary of the 

Treasury to administer the BSA has 

been delegated to the Director of 

FinCEN. The information collected and 

retained under the regulations 

addressed in this notice assist federal, 

state, and local law enforcement as well 

as regulatory authorities in the 

identification, investigation, and 

prosecution of money laundering and 

other matters. In accordance with the 

requirements of the PRA, 44 U.S.C. 

3506(c)(2)(A), and its implementing 

regulations, the following information is 

presented concerning the recordkeeping 

requirements listed below. 

Title: Anti-money laundering 

programs for money services businesses 

(31 CFR 1022.210),2 Anti-money 

laundering programs for mutual funds 

(31 CFR 1024.210), and Anti-money 

laundering programs for operators of 

credit card systems (31 CFR 1028.210). 

Office of Management and Budget 

(‘‘OMB’’) Control Number: 1506–0020. 

Abstract: MSBs, mutual funds, and 

operators of credit card systems are 

required to develop and implement 

written anti-money laundering 

programs. FinCEN recognizes a three 

hour burden for the initial development 

of an AML program. FinCEN further 

estimates an annual burden of one hour 

for maintenance of the program (i.e., 

review and update as necessary). In 

view of the limited information 

providers and sellers of prepaid access 

(a type of MSB) are required to 

maintain, and the degree of automation 

available to them, FinCEN estimates an 

annual maintenance burden of two 

minutes for each prepaid card issued for 

this MSB subset.3 A copy of the written 


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