54982 Federal Register / Vol. 70, No. 180 / Monday, September 19, 2005 / Notices 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Proposed Agency 

Information Collection Activities; 

Comment Request 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites the 

general public and other Federal 

agencies to take this opportunity to 

comment on a proposed information 

collection, as required by the Paperwork 

Reduction Act of 1995. Currently, the 

OCC is soliciting comments concerning 

an information collection titled ‘‘Bank 

Secrecy Act/Money Laundering Risk 

Assessment.’’

DATES: Written comments should be 

submitted by November 18, 2005. 

ADDRESSES: Direct all written comments 

to the Communications Division, Office 

of the Comptroller of the Currency, 

Public Information Room, Mailstop 1–5, 

Attention: 1557–0231, 250 E Street, 

SW., Washington, DC 20219. In 

addition, comments may be sent by 

facsimile transmission to (202) 874–

5274, or by electronic mail to 

REGS.COMMENTS@OCC.TREAS.GOV. 

You can inspect and photocopy the 

comments at the OCC’s Public 

Information Room, 250 E Street, SW., 

Washington, DC 20219. You can make 

an appointment to inspect the 

comments by calling (202) 874–5043. 

Additionally, you should send a copy 

of your comments to Mark Menchik, 

OMB Desk Officer, Office of 

Management and Budget, New 

Executive Office Building, Room 3208, 

Washington, DC 20503. Electronic mail 

address is mmenchik@omb.eop.gov. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information or a 

copy of the collection from Mary H. 

Gottlieb or Camille Dixon, (202) 874–

5090, Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, 250 E 

Street, SW., Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: The OCC 

is proposing to extend for three years 

the approval for the following 

information collection: 

Title: Bank Secrecy Act/Anti-Money 

Laundering Risk Assessment. 

OMB Number: 1557–0231. 

Form Number: N/A. 

Abstract: The Risk Assessment will 

enhance the ability of examiners and 

bank management to identify and 

evaluate any Bank Secrecy Act/AntiMoney Laundering risks associated with 

the banks’ products, services, 

customers, and locations. As new 

products and services are introduced, 

existing products and services change, 

and the banks expand through mergers 

and acquisitions, management’s 

evaluation of money laundering and 

terrorist financing risks must evolve as 

well. Absent appropriate controls, such 

as this risk assessment, these lines of 

business, products, or entities could 

elevate Bank Secrecy Act/Anti-Money 

Laundering risks. 

Type of Review: Extension of approval 

for three years. 

Affected Public: Businesses or other 

for-profit. 

Number of Respondents: 2,042. 

Total Annual Responses: 2,042. 

Frequency of Response: Annually. 

Total Annual Burden Hours: 21,364. 

All comments will be considered in 

formulating the subsequent submission 

and 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 has 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 on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

Dated: September 12, 2005. 

Stuart Feldstein, 

Assistant Director, Legislative and Regulatory 

Activities Division. 

[FR Doc. 05–18558 Filed 9–16–05; 8:45 am] 

BILLING CODE 4810–33–P